momentum little book of trends 2018

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Post on 21-Jan-2018

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As 2018 dawns, the worldwide communications community tends to focus its collective attention on predicting what trends, memes and themes are going to have the greatest cultural and commercial impact over the coming year.

For buzzword lovers, there are the somewhat obvious tropes dropped by multitudes of future gurus from every marketing conference podium and online opinion portal from Los Angeles to Ljubljana (…it’s in Slovenia). All collectively eulogizing that the keys to 2018 brand supremacy will be AI, Blockchain, and the ever-eponymous Millennials.

All well and good, but as the world’s first global experiential advertising agency that prefers doing over talking, Momentum Worldwide brings you a more interesting selection of Ten Top Trends that we believe to be actually useful to brands wishing to make meaningful connections with the consumer class of 2018.

That’s not to say Momentum isn’t invested in Millennials, Blockchain and AI. Quite the opposite in fact, which is why — in this little trend-tapping tome — we bring you what we think of as new news for the new year.

Enjoy it. Interrogate it. Share it.

Happy 2018!

True Self: evolving comfort levels of using one’s own image Fast Forward: technology moving with intense speed & convenience

We spend every waking moment reading facial expressions for signs of attraction, hostility, joy, sadness, trust and deceit. And as the selfie generation is already comfortable with the capture of their image, consumers are set to better understand and accept the rise of Facial Recognition and Facial Tracking technology. This means early adopter brands already using facial coding to read and readily react to consumer emotions will reap the benefits.

FACIAL FRONTIER

Experiencification: increase in the consumer want to have experiences in all areas of their lives Foodienomics: continued need for food brands to up their game in an increasingly crowded market

Unexpected physical experiences in food and beverage will be a whole new area for brands to tackle in 2018. No longer satisfied with just uniquely delicious flavors, consumers are now seeking out longer-lasting, multi-sensorial experiences that they can share with their peers. Whether it’s the sizzle of something spicy or an unexpected element in an otherwise expectedly smooth drink, brands will have to become more imaginative throughout 2018 if they want to break through the overflow of hashtags on social media.

TEXTURE PLORATION

Fast Forward: technology moving at intense speed and convenience

HOT FOR BOTS

First there was Siri. Then came Alexa. The rest is about to become history. In 2018, we’ll see consumers opening up to the idea of having a connection or relationship with virtual bots. Not just taking orders from us; but entertaining, educating, and even being a meaningful companion. And scarily, Tech firm Gartner has said that by 2020, the average consumer will chat more with bots than their significant other!

ZEDIFICATION OF THINGS

Generational Divide: realization that each generation is unique unto itself Focal Social: continued push toward more social-driven content in order to engage consumers

In 2018, Generation Z will cease to be just “the generation that follows Millennial,” with brands trying to better understand them as they start to come of legal drinking age and many taking tentative steps into the workplace. As a mobile-first generation, more content in 2018 will have to be formulated as Gen Z friendly. Short, snack-sized content weaving itself not only into social media, but also into how they consume all communication and entertainment.

OPEN DOOR POLICY

In this day and age, the last thing the vast majority of us think about is allowing strangers to enter our homes without us being there. However, with online retail, click to collect, and delivery sales reaching all-time highs, companies like Amazon and Walmart are challenging the marketplace ever further by offering in-home delivery services where the deliverer unpacks groceries, stocks the fridge, and places packages safely inside the purchaser’s home. This is also likely to lead to brands coming up with their own variation on the concept to offer a competitive edge.

Convenience Culture: the need for brands to solve consumer pain points before, during, and after a purchase

Experiencification: increase in the consumer want to have experiences in all areas of their lives Enlightenment Era: the progressive nature of topics and areas that were once considered taboo

CANNABIS CARTE BLANCHE With stress levels at all-time highs and some 71% of Millennials supporting the legalization of recreational marijuana, it should come as no surprise this is a high (ahem) lighted trend for 2018. Already, savvy brands and marketers have begun to mobilize. From cannabis-enhanced beauty products, “bud and breakfast” B&Bs, and some Canadian chefs hosting “pot-ups,” brands need to start putting their cannabis strategies together now.

Experiencification: increase in the consumer want to have experiences in all areas of their lives Foodienomics: continued need for food and drink brands to up their game in an increasingly crowded market

GUILTLESS GUZZLE

What could be better than to enjoy your favorite cocktail with little guilt, knowing that you were consuming something healthy? While drinks that better your health were popular in 2017, they’ll continue to be so in 2018 — with a twist. From cold-pressed juices, kombucha, and activated charcoal, mix-ins that contain healing properties are making consumers eager to order. With these additions we’ll also see “culinary cocktails” appear on menus. Chefs and mixologists are taking their favorite garden vegetables and other kitchen ingredients and incorporating them into drinks. Sea urchin, heirloom tomatoes, and carrots (called the “Jessica Rabbit” cocktail) are just the beginning of what we’ll start to see.

Experiencification: increase in the consumer want to have experiences in all areas of their lives

INNER CHILDINDULGENCE

As adult life around the world becomes increasingly stressful and hectic, and times are uncertain and unpredictable as they are likely to be throughout 2018, appealing to an adult’s inner child can be pretty lucrative. Nostalgia-driven activities, like summer camps and big ball pits will allow brands to uniquely engage adults in experiences that reconnect them with their fondest memories, helping to build meaningful engagement and emotional connections with their consumers.

Experiencification: increase in the consumer want to have experiences in all areas of their lives Convenience Culture: the need for brands to solve consumer pain points before, during and after a purchase

RETAIL E-VITALIZED

Many believe that e-commerce may lead to the demise of physical retail. However, paradoxically, it may be e-commerce’s expanding expedition into physical retail that will save the bricks and mortar sector. With the focus in 2018 turning to in-store experiences and utilizing physical space to engage with customers, rather than using the space as a sales-driving channel.

RETAIL E-VITALIZED

Experiencification: increase in the consumer want to have experiences in all areas of their lives Convenience Culture: the need for brands to solve consumer pain points before, during and after a purchase

TRAVEL ON THE TAB

As Millennials and Generation Z seek to maximize their traveling experiences, companies are rising to the challenge of making dream vacations more accessible to young adults with low cash reserves. US travel agents Affirm and Uplift have already stepped up to the mark following a recent survey by Atmosphere Research Group finding that 41% of travelers surveyed expressed an interest in using installment payments for trips that cost $2,000 or more. And so, 2018 will be the start of more young travelers experiencing the world in the same way as their older, more cash ready counterparts.

© Momentum Worldwide 2018.All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical (including photocopying, recording or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this publication) without prior written permission from the publishers. The greatest care has been taken to ensure accuracy, but the publisher can accept no responsibility for errors or omissions, nor for any liability occasioned by relying on its content.

AND THERE YOU HAVE IT. MOMENTUM WORLDWIDE’S TOP TEN TRENDS FOR 2018.

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