TrendWatching Consumer Trend Canvas Header
TrendWatching Consumer Trend Canvas Header

The Consumer Trend Canvas

TrendWatching Consumer Trend Canvas Intro TrendWatching Consumer Trend Canvas Intro

Our easy-to-follow framework that will help you not only unpack and understand any consumer trend but also apply them - your turn to launch successful, meaningful innovations of your own.

 

How and when to use the canvas


DOWNLOAD YOUR COPY OF THE CONSUMER TREND CANVAS!

Print it out (on recycled paper), as big as you can, or use a BIG screen, and then use it to structure an innovation session with your team or a client.


Then decide on the trend you want to unpack and apply and get started with the canvas.

(In case you're starting from scratch and first need a number of inspiring trends to choose from, and you have 
access to TrendWatching Premium, then scan the Trend Framework and its 16 Key Consumer Trends.
If you don't have access to TrendWatching Premium, you can also dive into our free MakeShift publication.)

  1. Start with the left-hand side ‘Analyze’ – Add supporting insights, data, and examples. Keep circling back to re-examine how the segments relate to each other. Insights in one segment may highlight other elements of the trend and help you uncover truly novel concepts. More below.

  2. Then turn to the right-hand side ‘Apply’ – To identify how, where and for which consumers you could apply the trend. More below.
  3. Finally, capture your new meaningful innovations! 
TrendWatching Consumer Trend Canvas Mockup TrendWatching Consumer Trend Canvas Mockup

1. Analyze

The left-hand side of the Consumer Trend Canvas will help you unpack and understand the trend.

Inspiration

How are other businesses applying this trend?

TrendWatching Consumer Trend Canvas Inspiration section TrendWatching Consumer Trend Canvas Inspiration section

Seeing what other purposed businesses, entrepreneurs, non-profits, governments even, are already doing with the trend is a great way to better understand it (and gain inspiration!).

Indeed, very few ‘innovations’ are totally new. Most (successful) innovation comes from combining seemingly unrelated elements, or deploying something in a new context.

So try this: look at existing business innovations, understand them, then adapt them to your business. To gain as wide a perspective as possible, look specifically at other industries, other regions or cultures, or other types of business (e.g. corporates versus start-ups).

Basic Needs

What deep consumer needs & desires does this trend address?

TrendWatching Consumer Trend Canvas Basic Needs section TrendWatching Consumer Trend Canvas Basic Needs section

Consumer trends – and consumer behaviors more broadly – are ultimately driven by these rarely-if-ever-changing basic human needs and desires. Identifying these underlying needs is central to understanding any consumer trend.


Where to start? How about these:

  • Meaning
  • Social status
  • Self-improvement
  • Entertainment
  • Excitement
  • Connection
  • Security
  • Identity
  • Relevance
  • Social interaction
  • Creativity
  • Fairness
  • Honesty
  • Freedom
  • Recognition
  • Simplicity
  • Transparency

Drivers of Change

Why is this trend emerging now? What's changing?

TrendWatching Consumer Trend Canvas Drivers of Change section TrendWatching Consumer Trend Canvas Drivers of Change section

To analyze change, think Shifts and Triggers.

  • Shifts are the long-term, macro changes that are playing out across years or even decades, that while not consumer trends themselves, will shape both the direction and flavor of a specific trend. You can think about the PESTLE framework as a guide to identify shifts. Or see Bain Consulting Group's overview of Big Trends (such as climate crisis, urban transition and ageing world) for a good summary of the macro shifts currently shaping the world.

  • Triggers are the more immediate changes that drive the emergence of a consumer trend. These can include specific technologies, political events, economic shocks, environmental incidents and more. For example, the events of 2020 made everyone realize the importance of working on their emotional resilience through 'MINDCRAFT' and made companies embrace the SYNCHRONOS trend, assisting burned out consumers in resetting the clocks.

Try looking at the data behind the trend. Rapid growth or sudden shifts, even if the absolute numbers might be small, are worth attention.

Emerging Consumer Expectations

What new consumer needs, wants, and expectations are created by the changes identified above? Where and how does this trend satisfy them?

TrendWatching Consumer Trend Canvas Emerging Consumer Expectations section TrendWatching Consumer Trend Canvas Emerging Consumer Expectations section

New consumer trends emerge when basic human needs bump up against external change to create (or unlock) new needs, wants, and desires. And identifying these unmet needs and wants is the holy grail of understanding trends, as it will present you with compelling innovation opportunities.

To identify emerging needs, wants, and desires, look for expectation gaps between what consumers want, and what they currently have.

Ask yourself “What do those consumers - embracing the brands, products, and services that embody this trend now - want or even expect?”.

One further tip: pay careful attention to other industries. Consumers don’t think in industry silos. New expectations of quality or service will usually be set outside your industry, but they won’t remain there for long.

2. Apply

The right-hand side of the CTC is all about identifying what meaningful opportunities this trend can present for your business.

Innovation Type

How and where could you apply this trend to your business?

TrendWatching Consumer Trend Canvas Innovation Type section TrendWatching Consumer Trend Canvas Innovation Type section

We’ve long said that when thinking about a consumer trend, it helps to consider how and where it could impact your business using these four areas:

  • Vision: How will the deeper shifts underlying this trend shape your company’s long-term vision
  • Business Model: Can you apply this trend to launch a whole new business venture or brand
  • Product / Service / Experience: What new products and services could you create in light of this trend? How will you adapt your current products and services?
  • Marketing Campaign: How can you incorporate this trend into your campaigns, and show consumers you speak their language, that you ‘get it'.

    How and where you apply the trend will depend on your business. Not all trends apply equally to all businesses or regions.

Who?

Which (new) customer groups could you apply this trend to? What would you have to change?

TrendWatching Consumer Trend Canvas Who section TrendWatching Consumer Trend Canvas Who section

Say ‘trends’ and many people instantly think of demographics. And of course, consumers that share certain traits (whether in age, income, lifestyle, tribe, location, etc.) will often have similar tastes and preferences.

But when it comes to applying consumer trends, try thinking beyond those who are currently living the trend. Indeed, thinking about what changes you would have to make, to make this trend relevant for other (new) demographics, is a great way to come up with new innovations.

Need further inspiration? Then look to the margins and at what extreme users are currently doing. New consumer behaviors usually start with certain (niche) segments, before evolving and spreading throughout the mass market.

3. Capture

Your Meaningful Innovation(s)

TrendWatching Consumer Trend Canvas Your Innovation section TrendWatching Consumer Trend Canvas Your Innovation section

Finally, generate your innovation ideas in this final section. Do this by coming up with as many combinations and permutations of the Emerging Expectations to address, the Innovation Type and the Who.

Before you wrap up, you and your team can discuss and select the final idea to pitch to the other teams.

Next Steps...

Use it often

The Consumer Trend Canvas is easy to use - nothing is stopping you from using it often. By yourself, or, preferably, with a team. Quickly turning any trend into a new meaningful business opportunity truly is as good as it gets. 

In case you do need some help...

Want us to run a Consumer Trend Canvas  workshop for you? Do reach out to Matthijs van Waveren, our Business Development Director, at workwithus@trendwatching.com.

illustration

Love trend tools?
Ready to become a Purpose-Driven Innovator?

Enroll in our online Academy course