Consumer Trends

How to Monetize Digital Trends: The Trend Canvas [Download]

Inspired by Alex Osterwalder’s Business Model Canvas, Trendwatching.com has released a free, simple but smart tool to help you identify (digital) innovation opportunities from consumer trends (direct download).

The Trend Canvas walks you through the process of turning an observed trend into an innovation opportunity by helping you identify underlying needs, drivers of change, who is impacted, and how expectations are changing.  Three’s no magic, voodoo – or even deep thought – just a quick way to structure evidence-based creativity.

The download includes a walkthrough of innovation opportunities in the crowdfunding trend (relabelled by neologism-tastic Trendwatching team ‘pretail’;- ‘A mode of consumption that sees consumers treat crowdfunding platforms as the new shopping malls.  Interesting in its own right, as the walkthrough concludes, there are significant innovation opportunities (idea spotting, concept testing, even crowd brandfunding innovation marketplaces.

screenshot_2197

Chartered psychologist specialising in consumer behaviour, wellbeing and technology. Certified CX professional experienced in Design Thinking. A researcher, writer and speaker, Paul is head of Digital Insight at SYZYGY.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.