Fads Explained

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Questions and Answers

Differentiate a trend from a fad.

Trends have a longer-term influence and reflect fundamental shifts in culture, technology, or behavior, whereas fads are short-lived and popular for a brief period, often without significant impact.

Give examples of a trend and a fad.

A trend example is the increasing use of renewable energy sources like solar power. A fad example is the fidget spinner craze.

Explain the process on how to spot a trend and fad.

To spot trends, look for emerging patterns or shifts that show sustained growth and impact. To spot fads, look for sudden and intense popularity spikes that quickly fade.

Are you fond of watching Korean Pop Artists or Korean Dramas? Why? Why not?

<p>Answers may vary depending on individual preference.</p> Signup and view all the answers

Have you done hiphop? Rap?

<p>Answers may vary depending on individual experiences.</p> Signup and view all the answers

Have you tried creating Tik Tok videos? Why? Why not?

<p>Answers may vary based on individual choices.</p> Signup and view all the answers

Do you have electronic gadgets? Name them.

<p>Examples include smartphones, tablets, laptops, smartwatches.</p> Signup and view all the answers

Who influenced your fashion, style, and interest?

<p>Answers may vary depending on individual role models and influencers.</p> Signup and view all the answers

Why do you think these have become part of your lifestyle, culture or standards?

<p>Answers may vary based on cultural and individual factors.</p> Signup and view all the answers

What is a fad?

<p>A fad is something, such as an interest or fashion, that is very popular for a short time.</p> Signup and view all the answers

FAD products usually do not satisfy a strong consumer need.

<p>True (A)</p> Signup and view all the answers

Which of the following are classic examples of a fad?

<p>All of the above (D)</p> Signup and view all the answers

A fad is an _____ but short-lived interest.

<p>intense</p> Signup and view all the answers

A trend seeks to innovate everything that also includes solutions that would serve as a means for serving practical ways in dealing with problems and improving life.

<p>True (A)</p> Signup and view all the answers

Which one of the following is an example of a trend?

<p>All of the Above (D)</p> Signup and view all the answers

A trend _____ slowly, longer staying power, take longer to build and their effects may be felt for years and sometimes even decades.

<p>develop</p> Signup and view all the answers

What is a trendsetter?

<p>Someone or something that starts or causes a trend.</p> Signup and view all the answers

What is a futurist?

<p>A futurist is the one who studies and predicts the future, especially based on current trends.</p> Signup and view all the answers

The new things that we currently do fade when the perception of novelty is gone. This refers to a fad.

<p>True (A)</p> Signup and view all the answers

The way we do things refers to a trend.

<p>True (A)</p> Signup and view all the answers

Flashcards

What is a Fad?

Something popular for a short time, with a quick rise and fall in sales, often not satisfying a strong consumer need.

Examples of fads

Hula hoops, yo-yos, virtual pets, Pokemon GO, Hello Kitty, Candy Crush and fidget spinners.

Fad Definition

It is an intense but short-lived interest or enthusiasm for something.

What is a Trend?

Something appealing due to its newness, it stabilizes or transforms into a habit or lifestyle.

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Examples of Trends

Gadgets, social networking, denim jeans, business outsourcing.

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How do trends evolve?

A trend develops gradually, has staying power, greater consumer adoption, and crosses into many industries

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What is a trendsetter?

A person or event that initiates a trend.

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What is a futurist?

Someone who studies and predicts future trends.

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What is trendspotting?

The study of trends and how they develop and affect society.

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Notion of Change (Fad)

The new things that we currently do fade when the perception of novelty is gone.

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Notion of Change (Trend)

The way we do things

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Time and Nature of Growth (Fad)

Appears suddenly, enormously popular, suddenly disappears, unexplainable growth

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Time and Nature of Growth (Trend)

Appears suddenly, enormously popular, does not disappear, gets stronger overtime, sticks around

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Study Notes

  • The lesson defines trends and fads.

Learning Objectives

  • Differentiate between trends and fads.
  • Provide examples.
  • Explain how to spot them.

Definition of a Fad

  • A fad is a short-lived interest or fashion.
  • Fads have little utility and are characterized by a quick rise and decline in sales and popularity.
  • Fads do not satisfy a strong consumer need.
  • Fads seldom completely die out, with some diehard followers remaining loyal.
  • Examples of Fads:
    • Hula hoop
    • Yo-yo
    • Virtual pets
    • Frisbee
    • Pokémon Go
    • Hello Kitty
    • Loomband
    • Candy Crush App
    • iPod
    • Kalyeserye
    • Pet rock
    • Friendster
    • Troll doll
    • Bucket challenge
    • Mannequin challenge
    • "Gangnam Style" song
    • Tamagochi pets
    • Hoverboards
    • Fidget spinner

Fad Summary

  • An intense but short-lived interest.
  • A widely shared enthusiasm for something, especially short-lived.
  • A temporary fashion, craze, interest, or activity that people follow enthusiastically but lasts for a short period.

Definition of a Trend

  • Appeals to newness due to being missing or scarce in the marketplace.
  • A practice that either stabilizes or transforms into a habit, lifestyle, or enduring product.
  • Seeks to innovate and provide practical solutions to problems and improve life.
  • Development is slow, but popularity is driven by advertisement and mass media.
  • Other areas that exhibit trends:
    • Sports (wearable devices that monitor training performance)
    • Food (rise of oatmeal products, inclusion of moringa or malunggay in food products)
    • Medicine (stem cell treatment)
    • Cosmetics (whitening supplements)
    • Travel (paperless tickets and online check-in)
    • Manufacturing (3-D printing)
    • Environmental management (home solar electric system)
  • Examples of trends:
    • Gadgets
    • Teleserye
    • Social networking sites
    • Social advocacies
    • Drone technology
    • Denim jeans
    • Business process outsourcing
    • Online ticketing
    • Cashless transactions

Trend Summary

  • Develops slowly with longer staying power
  • Takes longer to build and effects may be felt for years or decades
  • Has greater consumer adoption due to effectiveness
  • Is present in many industries and crosses over into others

Spotting a Trend

  • Trendsetters: Someone or something that starts or causes a trend.
  • Example: The Philippines became known for the EDSA People Power Revolution in 1986.
  • Example: India became known for Mohandas (Mahatma) Gandhi's leadership, which led to India's independence in 1947.
  • Futurist: Someone who studies and predicts the future based on current trends.
  • Trendspotting: The study of trends and how they develop and affect society.

Fad vs Trend (Arzadon et al. 2018)

  • Notion of Change:
    • Fads are new things that fade when novelty is gone.
    • Trends are the way we do things.
  • Behavior:
    • Fads are intense.
    • Trends have sustained behavior that turns into lifestyle, mindset, and values.
  • Effects:
    • Fads are for coolness or being a "me-too".
    • Trends meet needs, solve problems, and address issues.
  • Time and Nature of Growth:
    • Fads appear suddenly, enormously popular, then suddenly disappear with unexplainable growth.
    • Trends appear suddenly, enormously popular, do not disappear, grow stronger over time, and stick around.

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