Branding Trends

Marketing & Media trends

Legal trends

More Articles

Subscribe to industry newsletters

Search jobs

[Trends 2015] The power of the crowd

"Consumers are actively trying to simplify their lives."
BMi market research chief executive officer, Gareth Pearson, outlines his consumer brand trends in brief, which will shape 2015, including the rise of eco brands; mychiatry services and product opportunity; and crowd-shaping product trends.

With the fast speed of change today, it is imperative for brands to track the trends driving the market:

Eco brands


Consumers looking to connect with brands, business models and products that are environmentally or socially responsible.

Choice rich, time poor


Consumers are actively trying to simplify their lives, some with financial security concerns, others questioning personal or career satisfaction and goals, against the constraint for having so many choices and selections to choose from.

Luxury please


Consumers are still looking to purchase luxury goods, however, they want to get their hands on these items for less. Good margins and gross profits are achievable.

People's choice


Consumers can influence purchasing habits thanks to social networks in real-time, so brands need to work harder to earn consumer loyalty.

Just app it


Unprecedented growth in apps for everyday use, helping consumers, but making them data and connectivity dependant.

Crowd shaping


People will pool their data, their profiles and their preferences, in groups to shape new goods and services.

Mychiatry


Consumer interest in 'quantified self' products and services will continue to grow, as smartwatches and other powerful tech products enter the market.

Omnichannel


'Always connected' consumers expect fast questions and answers or requests, meaning businesses will need to work extra hard to get in touch with shoppers across multi-channels.

Mobility tipping points


By estimated mid-2015, the smartphone tipping point will be reached in Africa. This will drive M&E Commerce more than ever, making Africa a single screen market that is bypassing the online phase.

Millennial power


Brands need to be cognitive thereof of what Millennials want and how they will shape brands and service usage.

For more:
For more:

About Gareth Pearson

Gareth Pearson, CEO and shareholder of BMi Research (www.bmi.co.za), is a market research specialist with particular focus in the industrial and FMCG markets in various sectors, including the retail market. He serves as a member of the South African Institute of Packaging's Regional Committee and is involved with the South African Packaging Council. Gareth was responsible for the merger of BMi Foodpack and Adcheck Research during 2008. Contact Gareth on tel +27 (0)11 615 7000.

    Let's do Biz