Trends of 2020 | Cecilie Mengel
I was lucky enough to get a couple of tickets to TrendWatching’s conference ‘Trends of 2020’ in New York City, which was hosted on October 1, 2019. TrendWatching is the #1 trend intelligence platform in the world. The conference first covered what had shaped consumer expectations since 2018, the most influential consumer trends of 2019, and then moved into trends to watch in 2020. One key takeaway from the conference is the importance of brands and companies looking outside their category and sector in order to thrive and evolve. This is also referred to as trend-driven innovation, which leads me to some of the opportunity-takeaways: cross-sector loyalty, reward sharing, reward engagement, and reward green living. Starting with cross sector loyalty, NYC-based Hooch is a perfect example. The company is currently running a beta-test with 200,000 users, testing a new “coin” which consumers connect their credit card to. The idea is that users earn 10% of purchases back in TAP, the “...