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is based on trendspotting but it extends this into developing future scenario
is based on trendspotting but it extends this into developing future scenario
trend analysis
A change that is affected with factor of duration and only exists in a short period. It attracts the large population in a very small amount of time but also lose the attention quickly.
A change that is affected with factor of duration and only exists in a short period. It attracts the large population in a very small amount of time but also lose the attention quickly.
fad
A pattern or direction in the way something is changing and it has a more lasting effect on
the market place.
A pattern or direction in the way something is changing and it has a more lasting effect on the market place.
trend
A person who start a trend. The individual acts or the event has attracted attention,
earned acceptance, and create a strong interest and influence on people whose number keeps
snowballing as day goes by.
A person who start a trend. The individual acts or the event has attracted attention, earned acceptance, and create a strong interest and influence on people whose number keeps snowballing as day goes by.
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refers to “the study of trends and the way they develop and affect society (Rehn
and Lindkvist)
refers to “the study of trends and the way they develop and affect society (Rehn and Lindkvist)
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Little things that happen all around us all the time, the tiny shifts that occur in everything
from clothes we wear and the snacks we eat to the way we work, play, and love.
Little things that happen all around us all the time, the tiny shifts that occur in everything from clothes we wear and the snacks we eat to the way we work, play, and love.
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a hunt for those things that will become popular before they are popular
a hunt for those things that will become popular before they are popular
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process of two or more people or organizations working together to realize mutual
goals
process of two or more people or organizations working together to realize mutual goals
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give 5 Essential Characteristics of Trend and Fad
give 5 Essential Characteristics of Trend and Fad
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Aggregated microtrends or more sweeping changes that are affecting society
Aggregated microtrends or more sweeping changes that are affecting society
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they are a larger pattern of broad trends that reshape and transform our lives.
they are a larger pattern of broad trends that reshape and transform our lives.
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so general that they affect most areas of human life or, at least more than one aspect
of life or more than one in dustry
so general that they affect most areas of human life or, at least more than one aspect of life or more than one in dustry
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CHARACTERISTICS OF TRENSPOTTING (Rehn and Lindkvist)
CHARACTERISTICS OF TRENSPOTTING (Rehn and Lindkvist)
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Study Notes
Trend and Fad
- A fad is a short-term change that quickly gains attention from a large population, but loses interest just as quickly, with a duration-dependent effect.
- A trend is a long-term pattern or direction of change that has a lasting impact on the market.
Trendsetter
- A trendsetter is an individual or event that starts a trend, gaining attention, acceptance, and influencing a growing number of people.
Trendspotting
- Trendspotting is the study of trends and their development and impact on society.
- It involves identifying small, incremental changes that occur in various aspects of life, such as fashion, food, work, and entertainment.
Collaboration
- Collaboration is the process of two or more individuals or organizations working together to achieve common goals.
Essential Characteristics of Trends and Fads
- Trends are aggregated microtrends or broader changes that shape and transform society.
- They are general patterns that affect multiple areas of human life or multiple industries.
Characteristics of Trendspotting
- Trendspotting involves identifying and analyzing larger patterns of broad trends that reshape and transform our lives.
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Description
Explore the concept of patterns and directions in market changes, and their lasting effects on the marketplace. Test your knowledge on market trends with this quiz.
