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Trends for The Year Ahead
Meabh Quoirin, Co-Owner & CEO, Foresight Factory
July 2018
2
Where are we now?
2
2018
33
44
55
6Source: Google Trends/Foresight Factory, Worldwide, 2018
0
20
40
60
80
100
2004-01
2004-11
2005-09
2006-07
2007-05
2008-03
2009-01
2009-11
2010-09
2011-07
2012-05
2013-03
2014-01
2014-11
2015-09
2016-07
2017-05
2018-03
Woke Meaning
Trend over time
100 = Peak searches
Woke
7
What next? 2019
7
8
Extremes are getting louder
on the left…
Pop
Politics
#1
8
9
...and the right
9
10
Brands we can believe in
52%
10
% who “like it when
companies/brands
address current social
issues in their
advertising”
Source: Foresight Factory | Base: 500-4000 online respondents per country aged 16-64 (Indonesia 16-54), 2017 August
11
Respond
11
12
Step out of your comfort zone
12
1313
Germany
59%
More likely to buy
Source: Foresight Factory | Base: 714-1968 online respondents per country aged 16-64 , 2016 October
% more likely to buy from companies that support causes I believe in
GB
44%
China
69%
USA
63%
Sweden
62%
14
Take a stand
Be agile - respond fast
Step out of your comfort zone...
...but maintain brand values
Be transparent
14
15
Data as
Currency
#2
15
16Source: CNN, August 2016
Cambridge Analytica
Searches for Cambridge Analytica are highest in the US, Kenya (where they were involved in the 2017
election), the UK and Canada.
Searches for GDPR are concentrated in Europe, particularly the UK and Sweden.
0
20
40
60
80
100
2014
2015
2016
2017
2018
Cambridge Analytica GDPR
100 = Peak searches
17
Brands respond to data breach
17
18Source: Foresight Factory /DMA | Base: 1000 18+ respondents per country, 2017
Willingness to share data
0% 20% 40% 60% 80% 100%
I trust the organisation
I get free services and products in exchange
I can get higher value goods for a lower price
I get improved service
It is a brand or business I have bought from
It is a well-known brand
I get special offers tailored to me
My friends/family recommended them
It saves time (i.e. shopping lists/card details)
It is part of a group of companies that I deal with
They have good online reviews for their products and…
If I receive adverts that are of interest/relevance to me
1 - Rank 1 2 - Rank 2 3 - Rank 3
Please rank the following in terms of what makes you happy to share your personal information with a
company from 1 to 10 (1 being very important)?
19
Attention Economy
19
20
Tech protects against tech
20
21
Meaningful tech
21
Ireland
22%
The adverts I see on social networking sites are more
interesting / useful than the ones I see elsewhere online
USA
36%
GB
27%
CHINA
48%
GLOBAL
30%
22
Show the consumer you are on their side
Be clear about data usage
Offer tangible benefits
Also offer protection
Make data meaningful
22
23
Meaningful
Consumption
#3
23
2424
Purpose, health,
sustainability.
These are the things
that will really define
the future of our
category.
Cees t’ Hart 2018
Carslberg CEO 0%
20%
40%
60%
80%
100%
China Ireland Germany Sweden GB USA
2017
% who already/intend to consume less
or completely omit alcohol from diet
Millennials
50%
Source: Foresight Factory │ Base: 370-3213 online respondents per country aged 16-64 [Indonesia 16-54], 2017 August
25
0% 20% 40% 60% 80% 100%
Sugary soft drinks
Sugary foods
Alcohol
Gluten
Caffeine
Red meat
Meat alternatives
Dairy alternatives
White meat
Dairy
Eggs
Fish
2017
% who already/intend to consume less
or completely omit from diet
25Source: Foresight Factory │ Base: 23655 online respondents aged , Global Average, 2017 August
Flexitarians
2025:
45%
26
Sustainability tracking in retail
26
27
Luxury
27
2828
War on Waste
Source: Foresight Factory │ Base: 370-3213 online respondents per country aged 16-64 [Indonesia 16-54], 2017 August
% who agree that people are far too wasteful when it comes to food
0%
20%
40%
60%
80%
100%
Ireland USA GB Germany Sweden China
2017
Global
71%
29
Lease not buy
29
30
Subscription culture: buy only what you need
30
3131Source: Foresight Factory | Base: 500-4000 online respondents per country aged 16-64 (Indonesia 16-54), 2017 August
2017 2020
54%Own/
Interested in owning
47%
Own/
Interested in owning
32
Be aware of moderation
Provenance is key
Offer sustainable options
Try subscription models
32
33
Stakeholder
Models
#4
33
34
Create around consumer input
34
3535
Quid pro quo...
Source: Foresight Factory │ Base: 370-3213 online respondents per country aged 16-64 [Indonesia 16-54], 2017 August
% interested in being rated as a customer to be used for future
deals/promotions
0%
20%
40%
60%
80%
100%
USA Sweden China GB Ireland Germany
2017
Global
61%
36
Consumers as brand ambassadors
36
37
Quest to purchase
37
38
Let consumers decide
Give them an active role in shaping your brand
Create higher stakes
Set challenges
38
39
The
Changing
Face of
Influence
#5
39
40
High gloss
40
41
42
Authenticity is key
42
0%
20%
40%
60%
80%
100%
Germany USA Sweden GB China
2016 (adjusted) 2016 (Reported)
% who agree that it is important that people come across as who they
really are
Source: Foresight Factory | Base: 1000-2000 online respondents per country aged 16+ (China 16-64), 2016 October
43
Fine to be Fallible
43
44
Fine to be Fallible
44
4545Source: Foresight Factory | Base: 500-4000 online respondents per country aged 16-64 (Indonesia 16-54), 2017 August
Societal personality pressures
Creative Organised Successful Change Easy going Challenges Adventurous Traditional
52% 51%
39%
50%
37% 37%
17%
35%
46Source: Foresight Factory | Base: 500-4000 online respondents per country aged 16-64 (Indonesia 16-54), 2017 August
Authenticity
drivers
Organised
Impulsive
Creative
Liberal in my outlook on
society
Traditional
Adventurous/unafraid to
take risks
Open to change
Easy going
Ambitious
Open to new challenges
Have closer family
relationships
Have closer friendships
Independent
Able to follow my
instincts
Knowledgeable
Successful
Thrifty with money
Sociable
Patient
Empowerment
Excitement
Closeness
Trait
Driver
47
Gloss and artificiality still has a place
But authenticity hits home
Flaws are fine
Reflect consumers back to consumers
47
48
Invite consumers in
Make it meaningful
Be nimble and quick
2019
Thank you
Meabh Quoirin
Foresight Factory
meabhq@foresightfactory.co
+44 (0) 203 096 6389
@meabhq @futurethoughts

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Open Lecture: Marketing Trends for 2019 with Meabh Quoirin

  • 1. Trends for The Year Ahead Meabh Quoirin, Co-Owner & CEO, Foresight Factory July 2018
  • 2. 2 Where are we now? 2 2018
  • 3. 33
  • 4. 44
  • 5. 55
  • 6. 6Source: Google Trends/Foresight Factory, Worldwide, 2018 0 20 40 60 80 100 2004-01 2004-11 2005-09 2006-07 2007-05 2008-03 2009-01 2009-11 2010-09 2011-07 2012-05 2013-03 2014-01 2014-11 2015-09 2016-07 2017-05 2018-03 Woke Meaning Trend over time 100 = Peak searches Woke
  • 8. 8 Extremes are getting louder on the left… Pop Politics #1 8
  • 10. 10 Brands we can believe in 52% 10 % who “like it when companies/brands address current social issues in their advertising” Source: Foresight Factory | Base: 500-4000 online respondents per country aged 16-64 (Indonesia 16-54), 2017 August
  • 12. 12 Step out of your comfort zone 12
  • 13. 1313 Germany 59% More likely to buy Source: Foresight Factory | Base: 714-1968 online respondents per country aged 16-64 , 2016 October % more likely to buy from companies that support causes I believe in GB 44% China 69% USA 63% Sweden 62%
  • 14. 14 Take a stand Be agile - respond fast Step out of your comfort zone... ...but maintain brand values Be transparent 14
  • 16. 16Source: CNN, August 2016 Cambridge Analytica Searches for Cambridge Analytica are highest in the US, Kenya (where they were involved in the 2017 election), the UK and Canada. Searches for GDPR are concentrated in Europe, particularly the UK and Sweden. 0 20 40 60 80 100 2014 2015 2016 2017 2018 Cambridge Analytica GDPR 100 = Peak searches
  • 17. 17 Brands respond to data breach 17
  • 18. 18Source: Foresight Factory /DMA | Base: 1000 18+ respondents per country, 2017 Willingness to share data 0% 20% 40% 60% 80% 100% I trust the organisation I get free services and products in exchange I can get higher value goods for a lower price I get improved service It is a brand or business I have bought from It is a well-known brand I get special offers tailored to me My friends/family recommended them It saves time (i.e. shopping lists/card details) It is part of a group of companies that I deal with They have good online reviews for their products and… If I receive adverts that are of interest/relevance to me 1 - Rank 1 2 - Rank 2 3 - Rank 3 Please rank the following in terms of what makes you happy to share your personal information with a company from 1 to 10 (1 being very important)?
  • 21. 21 Meaningful tech 21 Ireland 22% The adverts I see on social networking sites are more interesting / useful than the ones I see elsewhere online USA 36% GB 27% CHINA 48% GLOBAL 30%
  • 22. 22 Show the consumer you are on their side Be clear about data usage Offer tangible benefits Also offer protection Make data meaningful 22
  • 24. 2424 Purpose, health, sustainability. These are the things that will really define the future of our category. Cees t’ Hart 2018 Carslberg CEO 0% 20% 40% 60% 80% 100% China Ireland Germany Sweden GB USA 2017 % who already/intend to consume less or completely omit alcohol from diet Millennials 50% Source: Foresight Factory │ Base: 370-3213 online respondents per country aged 16-64 [Indonesia 16-54], 2017 August
  • 25. 25 0% 20% 40% 60% 80% 100% Sugary soft drinks Sugary foods Alcohol Gluten Caffeine Red meat Meat alternatives Dairy alternatives White meat Dairy Eggs Fish 2017 % who already/intend to consume less or completely omit from diet 25Source: Foresight Factory │ Base: 23655 online respondents aged , Global Average, 2017 August Flexitarians 2025: 45%
  • 28. 2828 War on Waste Source: Foresight Factory │ Base: 370-3213 online respondents per country aged 16-64 [Indonesia 16-54], 2017 August % who agree that people are far too wasteful when it comes to food 0% 20% 40% 60% 80% 100% Ireland USA GB Germany Sweden China 2017 Global 71%
  • 30. 30 Subscription culture: buy only what you need 30
  • 31. 3131Source: Foresight Factory | Base: 500-4000 online respondents per country aged 16-64 (Indonesia 16-54), 2017 August 2017 2020 54%Own/ Interested in owning 47% Own/ Interested in owning
  • 32. 32 Be aware of moderation Provenance is key Offer sustainable options Try subscription models 32
  • 35. 3535 Quid pro quo... Source: Foresight Factory │ Base: 370-3213 online respondents per country aged 16-64 [Indonesia 16-54], 2017 August % interested in being rated as a customer to be used for future deals/promotions 0% 20% 40% 60% 80% 100% USA Sweden China GB Ireland Germany 2017 Global 61%
  • 36. 36 Consumers as brand ambassadors 36
  • 38. 38 Let consumers decide Give them an active role in shaping your brand Create higher stakes Set challenges 38
  • 41. 41
  • 42. 42 Authenticity is key 42 0% 20% 40% 60% 80% 100% Germany USA Sweden GB China 2016 (adjusted) 2016 (Reported) % who agree that it is important that people come across as who they really are Source: Foresight Factory | Base: 1000-2000 online respondents per country aged 16+ (China 16-64), 2016 October
  • 43. 43 Fine to be Fallible 43
  • 44. 44 Fine to be Fallible 44
  • 45. 4545Source: Foresight Factory | Base: 500-4000 online respondents per country aged 16-64 (Indonesia 16-54), 2017 August Societal personality pressures Creative Organised Successful Change Easy going Challenges Adventurous Traditional 52% 51% 39% 50% 37% 37% 17% 35%
  • 46. 46Source: Foresight Factory | Base: 500-4000 online respondents per country aged 16-64 (Indonesia 16-54), 2017 August Authenticity drivers Organised Impulsive Creative Liberal in my outlook on society Traditional Adventurous/unafraid to take risks Open to change Easy going Ambitious Open to new challenges Have closer family relationships Have closer friendships Independent Able to follow my instincts Knowledgeable Successful Thrifty with money Sociable Patient Empowerment Excitement Closeness Trait Driver
  • 47. 47 Gloss and artificiality still has a place But authenticity hits home Flaws are fine Reflect consumers back to consumers 47
  • 48. 48 Invite consumers in Make it meaningful Be nimble and quick 2019
  • 49. Thank you Meabh Quoirin Foresight Factory [email protected] +44 (0) 203 096 6389 @meabhq @futurethoughts