bio- dynamic
Transcription
bio- dynamic
CONSUMER FORECAST BIODYNAMIC SPRING/SUMMER 2015 BIO-DYNAMIC: TRIBES INTRO The consumer tribe associated with the BioDynamic trend is called The Adapters. WHAT’S DRIVING THE TREND The Adapters are driven by adaptability and versatility, and they’re looking for brands that not only mirror these traits but also allow them to pursue the fluid lifestyles they crave. They are ambitious consumers who are keen to seize opportunities, but are also aware of their impact on the world around them and are determined to make a difference. S/S 15 CONSUMER FORECAST BIO-DYNAMIC NO.1 VERSATILE As the name of this (mainly) young consumer tribe suggests, one of the key characteristics of The Adapters is their versatility. They continuously challenge the status quo and value brands that will help them achieve the fluid lifestyles they crave. PRIORITIES NO.2 MEASURING CHANGE The Adapters are keen to make a difference in the world, and often prepared to pay more for products or take on jobs that earn them less so long as they can achieve this goal. Brands that win with this consumer group are those that recognise and exploit this characteristic. BACKGROUND We explore the qualities and characteristics of The Adapters through three key themes: Versatile, Measuring Change and Opportunity Seizers. NO.3 OPPORTUNITY SEIZERS This consumer tribe are not backwards in coming forwards: they are adept at recognising and seizing the opportunities that come their way and are not afraid to make a change in order to better themselves. BIO-DYNAMIC NO.1 VERSATILE EXAMPLE One of the key areas where The Adapters show their versatility is the workplace. In order to succeed with this group of consumers, companies need to offer flexibility. They must show a willingness to learn new ideas and change the status quo with new structures and hierarchies. “There should always be an expiration date in mind, or an option to renew, whether it’s a project, a product, or a new business unit,” says Econovation author Steve Faktor. Adapters appreciate organisations that espouse a “startup” mentality, where change is encouraged. Corporations and brands that emphasise education or foster a learning experience will also succeed. New companies such as Learn27, which allows businesses to form their own “online academies”, or Rypple, which offers employees instant or “microfeedback” are beginning to meet this demand. “Learning and working are becoming one and same,” says workplace learning consultant Jeanne Meister. BIO-DYNAMIC NO.1 VERSATILE INTRO Cutting-edge gaming company Valve is an example of a brand that is pursuing a more unusual and forward-thinking approach to the workplace. “Valve fosters unorthodox thinking through a corporate culture that’s unusual even by the quirky standards of technology companies. While many startups pay lip service to flat organisational structures, Valve emphasises that its workplace is truly ‘bossless’,” wrote Nick Wingfield in the New York Times. Employees have no formal titles and are not told where to sit or who to work with. Instead, they decide where they think their contribution will matter most. The company also takes this approach to their products, actively encouraging consumers to modify their games, and in so doing engaging with their audience. BIO-DYNAMIC NO.2 MEASURING CHANGE INTRO Future employees are keen to make a difference in society. According to a recent survey by the nonprofit Net Impact that is focused on social and environmental change through work, 53% of US workers agreed with the statement “a job where I can make an impact” is “very important or essential to my happiness”. The desire to achieve measurable change was even stronger among young people and students about to enter the workforce; 72 percent of this group agreed with the statement. And a lot of these would even be prepared to take a 15 percent pay cut to achieve that goal. “There is a huge, unmet opportunity to connect employees to the final product - no matter how far in the back-office they might work,” says author Steve Factor. BIO-DYNAMIC NO.2 MEASURING CHANGE INTRO Adapters are also keen to measure their own changes and improvements in the workplace, and we are beginning to see brands and apps that help them achieve this. Vizify is a new type of resumé that allows users to display their talents as a “graphical bio”. By plugging in information from their social media sites, Vizify creates a series of “interactive infographics that show the best of you” and can “amplify your personal brand and show off your expertise to people searching for you”. This consumer tribe also responds well to brands that help them effect social and environmental change - but in a way that retains street credibility. Warby Parker is “like TOMS, but cooler,” according to WGSN’s associate editor of retail and events Andrea Bell. The brand offers an “alternative to the overpriced and bland eyewear available today”. And for every pair sold, a pair is distributed to someone in need. BIO-DYNAMIC NO.3 OPPORTUNITY SEIZERS INTRO Members of The Adapters tribe seize new opportunities when they come along, and are not afraid to change course mid-stream. In the workplace, this means keeping these consumers engaged and challenged if you want to hold onto them. According to a joint study by Mr Youth and Intrepid, the number one reason why young people switch jobs is that they “just needed a change”. And this was seen to be more important than increased salary, benefits or a more senior position. Some 91% of Gen Y people expect to stay in a job for less than three years, according to Future Workplace’s Multiple Generations @ Work survey. This trend looks set to continue as the rules of retirement change and older people stay in their jobs longer. Without the opportunities to seize within, Adapters are more than ready to find the opportunities they crave elsewhere. BIO-DYNAMIC NO.3 OPPORTUNITY SEIZERS INTRO The notion of seizing opportunities and responding to change as it happens is key for The Adapters. This group lives on Twitter, Instagram and other social networking sites, constantly refreshing, responding, commenting and updating. WGSN’s coverage of Cannes Lions notes adaptability as a key trend for brands to harness. WGSN’s senior editor for digital media & marketing, Rachel Arthur, wrote: “The speed of social media means that marketers need to plan campaigns on the go, so they can place brands at the centre of the action.” Companies that are doing well in this space include Visa, which released new spots in real-time during the 2012 London Olympic Games, responding to athletes’ achievements, and Tide, which put out a picture of safety workers cleaning up a fuel leak during a Daytona 500 event. The benchmark for real-time, Arthur says, is “Oreo’s effort at this year’s Super Bowl. When a blackout occurred during the game, it took the opportunity to push an image of an Oreo cast in shadows over social media with the tagline ‘You can still dunk in the dark’.” It generated 15,000 retweets within 14 hours and 20,000 “likes” on Facebook. BIODYNAMIC KEY TAKEAWAYS The Adapters tribe values versatility and the chance to grow, learn and change. They prefer brands and corporations that respect their need for new structures and work environments. This consumer tribe is keen to make a change in the world. They like to measure their own progress and appreciate tools that allow them to do this. They are not afraid of change and actively seek out and try new opportunities. S/S 15 CONSUMER FORECAST BIO-DYNAMIC RESEARCH & REFERENCE ECONOVATION VALVE Econovation is a trends book that the author says “challenges business leaders to think differently about the next decade” and envisions a future “ruled by ‘producerism’, not consumerism”. Econovation: The Red, White, and Blue Pill for Arousing Innovation, Steve Faktor (ISBN-13: 978-1118054000) Valve is a tech company that has reinvented the traditional workplace structure in order to maintain a successful and creative output. . www.valvesoftware.com www.nytimes.com www.amazon.com LEARNING NET IMPACT Consumers are responding to brand efforts to aid learning. Rypple helps managers and employees improve performance through continuous coaching, real-time feedback and meaningful recognition. Learn27 helps organisations set up digital learning academies. Net Impact is a community of more than 40,000 student and professional leaders creating positive social and environmental change in the workplace and the world. netimpact.org www.social27.com/Learn27 work.com FUTURE WORKPLACE IDEA FAKTORY Author and noted speaker Jeanne Meister is a partner of Future Workplace, a consulting firm dedicated to assisting organisations in rethinking, reimagining and reinventing the workplace. Idea Faktory works with tech startups looking to partner with bigger corporations to solve big business challenges. They also work with established companies to help transform or revitalise brands or products. futureworkplace.com www.ideafaktory.com S/S 15 CONSUMER FORECAST BIO-DYNAMIC RESEARCH & REFERENCE VIZIFY VISA GO WORLD Vizify is an online tool that allows users to implement their social networking data into “graphical bios”. The idea is to reinvent the resumé. Visa’s Go World campaign responded in real time to the athletes achievements during the London 2012 Olympics. www.vizify.com corporate.visa.com WARBY PARKER TIDE Warby Parker is an eyewear company that is also helping to make a difference, helping people who need glasses but can’t afford them. P&G detergent brand Tide became the centre of the action when it was used by safety workers to clean the track following fuel spilled during the Daytona 500 race. www.warbyparker.com news.pg.com WHEN MILLENNIALS CALL THE SHOTS OREO The goal of the Millennial Inc study was to “show you what your company would look like if Millennials were already in charge”. www.millennialinc.com Oreo turned an unexpected blackout during the Superbowl to its advantage with the “You can still dunk in the dark” campaign. They have also reacted in real-time to newsworthy events such as the Mars Rover landing. www.fastcompany.com S/S 15 THE ADAPTERS CONSUMER FORECAST SEASONAL EVOLUTION The Adapters are driven by their qualities of adaptability and versatility and they are looking for brands that not only mirror these traits but also allow them to pursue the fluid lifestyles they crave. They are ambitious consumers who are keen to seize opportunities, but are also aware of their impact on the world around them and are determined to make a difference. A/W 14/15 THE MACHINISTAS INTRO Every six months, the consumer forecast offers a breakdown of how consumer tribes are developing, offering you the top line of our consumer research department’s ongoing research. The consumer tribe associated with Bio-Dynamic is evolving, from the New Wave Culturalists we identified for 2013, through the entrepreneurial Machinistas of Industrial Evolution to the versatile and globally driven Adapters. As our relationship with machines change, we will become different types of consumers and workers. The Machinistas - the Industrial Evolution tribe - will invent new roles for themselves in the workplace. They are energetic entrepreneurs, always experimenting with new ideas and embracing technology. 2013 NEW-WAVE CULTURALISTS New-Wave Culturalists will have pride in the idioms of their own community but also be inspired by those of their growing global network. “New-Wave” refers to this complex layering of cultural reference, and to the youth of the majority of its participants. People from the emerging middle class will make up much of this consumer tribe, and consumer identities will be shaped far more by whether they are dipping into or out of it, rather than extreme poles of poverty and wealth.