Understanding Trends and Fads

False (B)

Fads can lead to the development of trends.

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

<p>Megatrends offer a broader perspective on how trends emerge. (D)</p> Signup and view all the answers

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

<p>A trend is composed of parts that form a whole.</p> Signup and view all the answers

<p>Trend = A short-lived, intense popularity for a product or idea Fad = A sequential pattern of change in recorded data Megatrend = A broader and longer-lasting trend with significant impact Part = A component or subdivision of a larger whole</p> Signup and view all the answers

<p>Long-lasting cultural impact (C)</p> Signup and view all the answers

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

<p>Trends are deeply rooted in cultural traditions and values, while fads lack this strong cultural connection.</p> Signup and view all the answers

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

<p>Trends are longer-lasting than fads. (B)</p> Signup and view all the answers

<p>Croc rubber clogs = Fad Apple iPod = Trend Low-carb diets = Fad Healthy eating habits = Trend</p> Signup and view all the answers

<p>Strong cultural connection (C)</p> Signup and view all the answers

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

<p>They are responsible for creating ideas, products, and experiences that can capture public attention and interest, eventually leading to widespread adoption and trend formation.</p> Signup and view all the answers

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

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

<p>Some examples include smartphones, social media, and the rise of sustainable practices.</p> Signup and view all the answers

<p>a single</p> Signup and view all the answers

<p>Linear Trend = Fluctuations that repeat over fixed periods of time. Seasonal = A continuous decrease or increase in numbers over time. Cyclical = Short-duration, erratic fluctuations with no regular pattern. Random or Irregular or Error = Fluctuations that do not repeat over fixed periods and extend beyond a year.</p> Signup and view all the answers

<p>Fads and trends are distinct from each other (D)</p> Signup and view all the answers

<p>False (B)</p> Signup and view all the answers

<p>Every trend or fad originates from a specific cause, such as innovation, cultural influences, or marketing strategies, and subsequently leads to observable consequences like product adoption, societal change, or even the emergence of new trends.</p> Signup and view all the answers

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

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

<p>The trend gains widespread acceptance and popularity among a broader audience. (D)</p> Signup and view all the answers

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

<p>Consumers make multiple purchases and support the trend consistently.</p> Signup and view all the answers

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

<p>Classic = A trend that experiences a brief surge in popularity followed by a rapid decline. Mainstream = A trend that gains widespread appeal due to the acceptance of 'conservative consumers'. Fad = A trend that persists over time and remains relevant across diverse occasions. Trend Fragmentation = The emergence of new developments or reinventions within an existing trend. Plateau = Consumers make multiple purchases and support the trend consistently.</p> Signup and view all the answers

<p>Early adopters (B)</p> Signup and view all the answers

<p>False (B)</p> Signup and view all the answers

<p>A 'classic' persists for a long time and remains relevant, while a 'fad' fades away quickly.</p> Signup and view all the answers

<p>trend fragmentation</p> Signup and view all the answers

<p>The trend remains in the fashion-forward stage (A)</p> Signup and view all the answers

A short-lived enthusiasm for something without basis in its qualities.

A phenomenon originating in small communities, often against mainstream trends.

Specific variations of megatrends that reflect different effectiveness.

A major restructuring trend that transforms broad aspects of life over longer periods.

Sets of items whose frequency significantly changes from one data set to another.

A consistent decrease or increase in numbers over time.

Non-linear growth or decline of data at an increasing rate.

A trend that shows initial rises or falls that then levels off.

The relationship where one event is the result of another.

Elements like place, time, moment, and people driving trend acceptance.

A sequential pattern of change in recorded data.

A coherent system or organization made of different parts.

A subdivision or piece that combines to form a whole.

Every part contributes to the existence of a whole, showing interdependence.

Trends evolve from consistent fads as they gain popularity.

The ability of trends to adjust over time to remain relevant.

Fads rise quickly and fade, while trends establish enduring presence.

Refers to how long a fad or trend remains popular; fads are short while trends are long-lasting.

Trends are often rooted in cultural traditions, beliefs, and values, giving them staying power.

The degree to which consumers accept and embrace a fad or trend, affecting its longevity.

Fads often arise from an emotional need and heightened publicity rather than genuine consumer necessity.

The time it takes for a trend to develop and become accepted in the market.

Refers to the range and appeal of fads and trends across different consumer segments.

The initial phase of a trend where innovative ideas begin to develop and gain attention.

Temporary fluctuations in the popularity of a trend, which can eventually decline.

A study to evaluate the viability of a product or concept before full-scale launch.

The phase when conservative consumers embrace a trend, leading to increased popularity and demand.

The process where consumers either support or reject a trend based on their experiences.

A stage where a trend stabilizes in popularity with consistent consumer support.

A long-lasting trend that remains relevant and accepted across various occasions and consumer groups.

The process where a main trend develops into smaller, diverse sub-trends or microtrends.

Evaluating how potential buyers react to a product before it hits the market.

Companies that lead in trends, often being the first to adopt and showcase new styles.