posts tagged ‘it’s BIC and it’s bigger than ever

-This week we released our eighth annual year-end forecast of trends that will shape or significantly impact consumer mindset and behavior into the near future. Click here to watch a two-minute teaser video about our 10 Trends for 2013, here to read the Executive Summary and here to purchase the report. -BrandZ released its annual [...]

China is the globe’s most populous country and its second biggest economy (one that’s forecast to move ahead of the U.S. in another 15 years). But though China has birthed more than a few corporations that are global heavyweights, its brands haven’t yet made a notable impact on the global consumer market. Our August trend [...]

-For the first time, China is No. 1 in a global Pew Research Center survey that asked which country is the leading economic power, Bloomberg Businessweek reports. -The FT looks at how Chinese manufacturing is evolving. -New data from the U.S. Federal Reserve shows that the net worth of the median American family in 2010 [...]

-Fast Company releases its annual list of the 100 most creative people in business, including JWT Shanghai’s executive creative director, Elvis Chau. -Census Bureau data reveals that a majority of births in the U.S. are now to parents of Hispanic, black, Asian and mixed race descent, signaling that the country is set to become far [...]

-Time releases its annual list of The 100 Most Influential People in the World. -As Earth Day approaches, a Harris poll finds that Americans’ concern for the environment and their green behaviors have waned over the past three years. -Following in the footsteps of luxury stores in Europe, high-end retailers in the U.S. are ramping [...]

Last year, China passed the U.S. as the largest food and grocery market in the world (with both nations outpacing the No. 2 market, Japan, by a long shot). Both food price inflation and economic growth account for the jump, with Chinese consumers adding more dairy products, wheat, grains and meats to their diet, according [...]

-A digital divide between countries is widening, according to the World Economic Forum’s annual Global Technology Report, with the BRICs still lagging behind North America and the Nordic nations, as the FT reports. -McKinsey argues that global pharma companies are failing to fully capitalize on Brazil’s growing middle class. -The number of people living solo [...]

-Beijing’s office rents are now higher than New York’s, reports The FT. -Indonesia and the Philippines are among the developing countries demanding better treatment for their unskilled workers abroad, a trend The Wall Street Journal says “could shake up global labor markets.” -Recently released data from fellow WPP company Landor suggests that most companies need [...]

-An International Energy Agency report concludes that the planet is “headed for irreversible climate change in five years” barring changes to our fossil fuel infrastructure. Meanwhile, the economic and human impact of climate change is likely to be “even more staggering than previously thought,” according to a Huffington Post report on a new study. -Time [...]

-“The Generation X Report” from the University of Michigan finds the cohort to be “active, balanced and happy” and disputes several myths, according to CNN. -The New York Times reports that while China has allowed “a creeping liberalization in popular culture” for some years, its leaders are now cracking down on media and Internet freedoms. [...]


New: 10 Trends for 2014 and Beyond

The Brazil Opportunity

Updates

Sign up for Email Updates

JWT AnxietyIndex

Blog Authors

Lina Maria Aguirre - New York
Katerina Petinos - New York
Hajime Kato - Tokyo
Mollie Hill
Vannya Martinez - Mexico City
Nick Ayala - New York
Jessica Vaughn - New York
Russell Martin - Cape Town
Yael Shpiller - Tel Aviv
Gonzalo Franseca - Buenos Aires
James Richardson - London
Maria Orriols - Barcelona
Davina Wertheimer - Johannesburg
Sigrid Jakob and Rodrigo Maroni - New York
Mennah Ibrahim - Beirut
Peta Bassett - Bangkok
Ben Hopkins - London
Will Palley - New York
Katie Fitzgerald and Jessica Vaughn - New York
Pam Garcia – Manila
Ahmed Mahjoub - Dubai
Jordan Price - Tokyo
Alec Foege - New York
Dylan Viner - New York
Anil Bharadiya - Singapore
Alexandra Stieber - Atlanta
Marian Berelowitz - New York
Juliana Cubillos and Jessica Vaughn - Bogota and New York
Susie Uzel - London
Michael Koenka - Amsterdam
Harsha Prag - Johannesburg
christine
Ann Mack and Jessica Vaughn - New York
Lindsey Stafford - New York
Lois Saldana - New York
Ann Mack - New York
Adrian Barrow - New York
Tal Chen - Tel Aviv
Mariko Kataoka - London
Ana Hernandes - Sao Paulo
Aparna Jain - Calcutta
Andrew Hwang - Emerging Media
Sean Aaron - Emerging Media
Alex Brousseau - New York
Ramon Jimenez - Madrid
Geri Kan - Singapore
Kimberly Douglas - London
Ceren Coskun - Istanbul
Marina Bortoluzzi - São Paulo
Aaron Baar - Chicago
David Linden - Emerging Media
Colette Henry - Dublin
Marian Berelowitz and Maria Orriols - New York
Nina Yiamsamatha - Emerging Media
Deborah Frenkel - Melbourne
Deanna Zammit - New York
Tobei Arai - Atlanta
Soh Chin Ong - Singapore
Marian Berelowtiz and Patty Orsini - New York
Marian Berelowitz and Will Palley - New York
Marian Berelowitz and Aaron Baar - New York and Chicago
Marian Berelowitz and Sarah Siegel - New York
Ken Fujioka - Brazil
katerina
Marian Berelowitz and Christine Miranda - New York
Sharon Panelo - New York
Nina Hammerling Smith - New York
Rasika Fernandes - New Delhi
Alex Pallete and Ramon Jimenez - Madrid
Thomas McGillick- Sydney
Katie Fitzgerald - New York
Megan Foley - New York
Meghan McCormick - Emerging Media
Christine Miranda - New York
Sarah Siegel - New York
Alex Morrison - New York
Andres Colmenares - Bogota
Andrew Knight and Jessica Vaughn - New York
Jessica Vaughn and Sarah Siegel - New York
Carlos Fernandez - New York
Marian Berelowitz and Nick Ayala - New York
Patty Orsini - New Jersey

Things to Watch

  • Emoji everywhere
    April 23, 2014 | 2:15 pm

    Since we spotlighted the “emoji explosion” in Do You Speak Visual?, one of our 10 Trends for 2014, the tiny pictographs have only picked up in popularity. The Wall Street Journal got into the game with a tool that translates headlines into emoji, while Yelp’s mobile app now lets users search using emoji (an Italian flag, for instance, brings up a list of Italian restaurants). Twitter recently added emoji support for Web users (well after the White House started adding emoji to Tweets). The cute icons take a dark turn in video and print ads from PETA that depict cruelty to animals. Meanwhile, Apple has responded to complaints by pledging to make emoji characters more racially diverse. —Marian Berelowitz

    Image credit: The Wall Street Journal

  • Uniqlo, H&M and Retail As the Third Space
    April 15, 2014 | 4:30 pm

    “Retail As the Third Space,” one of our 10 Trends for 2011, is rapidly accelerating: As digital commerce becomes habit for consumers, brick-and-mortar is increasingly focused around experiences, unique environments and customer service, giving shoppers new reasons to visit retail spaces. Uniqlo’s flagship in New York is a good example. A newly renovated floor incorporates a Starbucks (a favorite brand among teens) and, as MarketWatch reports, “lounge sofas, tables and chairs and an iPad station, allowing shoppers to stay and mingle.” Thanks to a partnership with the nearby Museum of Modern Art—resulting in a range that uses images from famous artists—the floor’s design is museum-like, with T-shirts in framed display cases.

    Another recent example in Manhattan is H&M’s flagship, which opened in late 2013, which one writer dubs “The most retail fun you can have with your clothes on.” For more on Retail As the Third Space, find our 2103 report Retail Rebooted here. —Marian Berelowitz

    Image credit: Uniqlo

  • Bitcoin middlemen
    April 10, 2014 | 2:45 pm

    Given its volatility, security issues and legal concerns, merchants interested in accepting bitcoin have a lot to worry about, especially with the possibility (as some see it) that looming regulation could upend the entire system. To mitigate the risk and open merchants up to new revenue streams, startups such as BitPay and Coinvoice make it easier for companies to accept the cryptocurrency.

    These payment processors act as middlemen: A shopper pays in bitcoin, but the merchant can decide whether to be paid in bitcoin, fiat currency, or a combination. This allows companies to shield themselves from the uncertainty of the currency or to dip a toe into accepting it as payment. Until bitcoin becomes more stable and regulated, payment processors such as these will be a safer option for merchants. (For more on bitcoin, see also our post on the Inside Bitcoins conference.) —Nick Ayala

    Image credit: BitPay

  • Delta’s Innovation Class
    April 3, 2014 | 2:15 pm

    Delta’s new Innovation Class allows the influencers of tomorrow to spend a flight with a current industry leader—the airline calls it a “mentoring program at 35,000 feet.” The first mentor was Pebble smart watch creator Eric Migicovsky, on his way to Vancouver for the recent TED conference, who was paired with visual artist James Patten, a 2014 TED senior fellow. The next flight, in May, will feature chef Sean Brock as he heads to the James Beard Awards.

    While Innovation Class isn’t the first such initiative, it’s the first to leverage existing social networks on LinkedIn, where potential seatmates apply to Delta. The program illustrates creativity in using the plethora of touch points marketers have access to and can leverage to create valuable experiences both online and off. —Matt Goldenberg

  • Virtual reality rugby
    March 27, 2014 | 1:00 pm

    While the Oculus Rift headset doesn’t yet have a launch date, brands are already using the virtual reality platform to amaze consumers. To promote Game of Thrones, HBO made fanboys’ dreams come true at this year’s SXSWi with an experience that took viewers on an immersive trip up the show’s famed “Wall.” And U.K. phone company O2 has created “Wear the Rose,” a rugby training experience that combines footage from GoPro cameras with an Oculus headset to give fans the experience of training with England Rugby.

    “Rugby balls are thrown at you to catch, charging players run at you to teach you tackles, and at one point you find yourself in the middle of a scrum,” writes Eurogamer. O2 recently debuted “Wear the Rose” at a stadium match and will showcase it in select U.K. stores starting in June. —Aaron Baar

  • Security as a USP
    March 20, 2014 | 12:45 pm

    As we note in our wrap-up of SXSWi, security is fast becoming a unique selling proposition. Rather than treating it as an afterthought and scrambling to compensate if user data is compromised, more tech companies will build highly secure environments for their users from the start—selling security as a point of differentiation until it becomes a right of entry.

    The secure-communication app Wickr is offering up to $100,000 to any hacker who can crack its defenses and is selling a suite of six privacy features to developers and apps like Snapchat and WhatsApp. Another such app, Telegram, offers a bounty as high as $200,000 to anyone who can crack it. Meanwhile, the upcoming Blackphone is described as “the world’s first smartphone which places privacy and control directly in the hands of its users.” —Ann Mack

  • Watson, AI and customer service
    March 13, 2014 | 1:45 pm

    IBM has been promoting the commercial applications of Watson, its artificial intelligence service, with CEO Ginni Rometty announcing a Watson challenge for mobile developers at the recent Mobile World Congress. Rometty also noted that North Face is testing a website that incorporates Watson intelligence to answer customer queries, as seen in this video of an IBM demo at the MWC. Watson could serve as a “personal shopping concierge” for e-commerce brands, as Ad Age put it.

    At this week’s SXSW in Austin, where IBM has Watson powering a food truck to demonstrate its multifaceted potential, an IBM exec talked up Watson’s potential in the customer-service arena. We’re seeing the beginnings of a world where artificial intelligence powers (and personalizes) an array of brand interactions with consumers. —Marian Berelowitz

     

  • Spritz
    March 7, 2014 | 5:00 pm

    Slate may have to adjust the Minutes to Read feature on its articles. In line with our Age of Impatience trend for 2014, Spritz is a new reading app that uses a new visual technology to help people read at Evelyn Wood speeds or faster.

    Pinpointing the “Optimal Recognition Point,” at which the brain begins to recognize numbers and letters, the program highlights that space for each individual word and places it at the same place on the screen, reducing eye movement. The program can push reading speeds up to 500 words a minute. (You can see it in action here.)

    Sprtiz will be available on Samsung’s new line of wearable technology. —Aaron Baar

    Image credit: Spritz

  • Virtual fitting rooms
    March 4, 2014 | 11:45 am

    PhiSix, a 3D virtual technology company recently acquired by eBay, plans to bring more of the outside world into physical stores’ dressing rooms in an effort to increase sales. We’ve reported before on websites that offer 3D virtual try-ons at home and brick-and-mortar stores that have become living, breathing websites. But PhiSix’s technology takes the virtual fashion experience one step further, allowing shoppers to see how specific items of clothing look on them, in a variety of sizes and contexts, without actually trying them on. With PhiSix’s computer graphics, which will be made available to third-party retailers, shoppers will be able to enter a store dressing room and view themselves wearing clothing in a number of active settings (e.g., swinging a golf club, walking down the street). The technology also recommends other items to consumers, based on a few basic measurement inputs. Although virtual try-on technologies, which have existed for a while, haven’t succeeded in displacing trying on actual clothing, PhiSix’s sexy timesaver may draw more shoppers into physical retail outlets. —Alec Foege

    Image credit: PhiSix

  • Daily Mail’s Just the Pictures app
    February 25, 2014 | 3:15 pm

    The U.K.’s Daily Mail, whose digital content is dominated by photographs, is planning to release an app called Just the Pictures that strips out the text for smartphone readers—or non-readers, in this case—who are looking for snackable content while on the go. At a Mobile World Congress panel in Barcelona, Melanie Scott of the Mail Online said the app will be out in March. Per Scott, the Daily Mail’s current iOS app attracts about a million daily users in the U.K., and they’re opening it four or five times a day for 12 minutes at a time, largely for the pictures. 

    Just the Pictures is another sign of images replacing words in our increasingly visual culture, one of our 10 Trends for 2014. For more on how this trend is affecting the mobile platform, watch for our annual mobile-trends report in April. —Marian Berelowitz

    Image credit: Daily Mail

  • RSSArchive for Things to Watch »