KIDS INDIA MAGAZINE ISSUE III MARCH 2014 | Page 5

Page 5 Trends Just what is a trend? In current colloquial usage, a trend is something that is "in" at the moment. In economic and social science terms, trends are changes in the fabric of the values and behaviour of society. A trend thus describes the prevailing taste of a certain time. What use are trends to me? Companies that spot trends early, i.e. recognise changes in consumer behaviour, have an edge which, in the best case scenario, minimises flops and results in more sales success. Future markets are spotted earlier on and can thus also be designed, i.e. appropriate products can be developed for them. Companies involved in trend research have an early warning system that can guide their actions and offers them planning reliability. What difficulties do trends involve? Trends are not just facts. Information about the past and the present, which is part of a trend, consists of facts. The more important aspects of trends, future projections, are, however, characterised by personal assessments, assumptions, speculation and maybe also visions. And it's not getting any easier, because our world is becoming ever more complex. Some things change, some stay the same. What stays in; what becomes in? What's out? Increasing dynamism and complexity are making it harder to make predictions, as the number of alternative developments and possibilities is on the rise. How do trends often arise? Our culture is typified by transience. We live in an age of constant change in our environment. Humans themselves are the main cause of changes and yet the changes are, for the most part, unpredictable. We now know that people behave more emotionally than previously thought, which is why an assessment of the market using only rational economic models often leads to misinterpretations. People are unpredictable, both en masse as well as individually. Variety and change are basic human needs and when a need has been satisfied, then it's characteristic of humans that they yearn for something new. After a trend has gone on for a certain period of time, things reach a saturation point and there are signs of fatigue that facilitate a change or a countertrend. How can I recognise trends? The development of sales shows the first indications of changes in consumer behaviour. Unfortunately, the decisive patterns – i.e. the 'why' behind trends – are not so easily revealed. Spotting trends is above all a matter of observation and information compression. When I come across the same phenomena in different places, even with different objects of our everyday culture, then I can assume that this observation is based on a trend. Where can I find trends? Everywhere, in fact – assumed that you keep your eyes open and your senses are always taking in things. The problem, though, is that we ignore 99% of all the impressions that we come across in a day. Our brain just mercilessly blanks out everything that doesn't seem relevant to us and doesn't even notice that it's doing it. It's a form of self-protection from an information overload, since we live in a world that's rich in information, especially of the visual kind. When it comes to spotting trends, however, it's disastrous when so much information is blocked out, because you have to pick up on the environment and note what's happening as well as you possibly can. That's why you should also consciously look at what the people you see on the street are wearing, at what other people put on the conveyor belt when paying for their shopping, at the children on the playground in the park and take note of what they're playing with and how etc.. Make mindful and precise observations on your surroundings. Many trends are evident in not just one sector but across the whole spectrum of lifestyle products – and toys are no exception. How can you measure and analyse trends? Trends can be observed but are hard to measure. We can measure what was true in the past and what is true at the present. If, however, we want to measure what the future will bring, then we would have to assume linear development and that means that our environment is static; but our environment is dynamic and ever-changing. Society is in continuous flux. Surveys try to ask rational questions about our emotional decisions. Thanks to brain research, however, we know that almost 80% of all our purchasing decisions are made unconsciously. Psychologists regard wishes as the expression of material or mental shortcomings. Trend researchers try to put their finger on these wishes and needs by means of semiotic trend analyses. Semiotics is the study of signs, of hidden meanings. Colours, shapes, patterns, behaviour, homes, clothes ... all these non-verbal forms of expression betray a lot about society's mental states and attitudes towards values at an early stage. Many trend researchers assume that signs can betray a frame of mind long befor RvR7F'BFƶ