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	<title>The DoubleThink &#187; Trends</title>
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	<link>http://thedoublethink.com</link>
	<description>The Art &#38; Science of the New Marketing</description>
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		<title>Trendierr</title>
		<link>http://thedoublethink.com/2009/07/trendierr/</link>
		<comments>http://thedoublethink.com/2009/07/trendierr/#comments</comments>
		<pubDate>Sun, 26 Jul 2009 22:37:13 +0000</pubDate>
		<dc:creator>colin</dc:creator>
				<category><![CDATA[Insight]]></category>
		<category><![CDATA[cisco]]></category>
		<category><![CDATA[The Human Network Effect]]></category>
		<category><![CDATA[Trendrr]]></category>
		<category><![CDATA[Trends]]></category>

		<guid isPermaLink="false">http://thedoublethink.com/?p=622</guid>
		<description><![CDATA[
 
I&#8217;ve been playing around with Trendrr, the online trends tracking service. This has been around for a while, but has just shifted to a &#8216;Freemium&#8217; model. Think of it as Google Trends on steroids. The sources of trends tend to focus on web chatter (Twitter, Delicious, Flickr etc.), and the featured categories tend to focus [...]]]></description>
			<content:encoded><![CDATA[<p><span style="font-family: Arial;"><a rel="attachment wp-att-623" href="http://thedoublethink.com/2009/07/trendierr/trendrr-cisco-graph/"><img class="alignnone size-medium wp-image-623" title="trendrr-cisco-graph" src="http://thedoublethink.com/wp-content/uploads/2009/07/trendrr-cisco-graph-300x216.png" alt="trendrr-cisco-graph" width="300" height="216" /></a></span></p>
<p> </p>
<p><span style="font-family: Arial;">I&#8217;ve been playing around with <a href="http://www.trendrr.com/home">Trendrr</a>, the online trends tracking service. This has been around for a while, but has just shifted to a &#8216;Freemium&#8217; model.</span> <span style="font-family: Arial;">Think of it as Google Trends on steroids. The sources of trends tend to focus on web chatter (Twitter, Delicious, Flickr etc.), and the featured categories tend to focus on buzz categories like media, music and politics.</span> <span style="font-family: Arial;">However, I think it&#8217;s most interesting when you use actual transactional data (Amazon, Craigslist and Ebay).</span></p>
<p> </p>
<p><span style="font-family: Arial;">The above example is taken from one of their showcase pages and (gratifyingly) shows response to three articulations of <a href="http://www.cisco.com/web/about/humannetwork/index.html">Ogilvy&#8217;s campaign for Cisco</a>. You can see that the term &#8220;the collaboration effect&#8221; generated the most web traffic.</span> <span style="font-family: Arial;">What I&#8217;ve learned about using these sorts of tools is that they are most interesting when comparing two very disparate sources, something that you can&#8217;t do with Google Trends. Try Ebay searches against Tweets of a certain product, for example. It&#8217;s not the trend itself that&#8217;s interesting (they&#8217;re very hard to judge in isolation) <em>but the relationship between two or more trends that happen at the same time.</em></span></p>
<p> </p>
<p><span style="font-family: Arial;">This morning I listened to a NPR interview with Anthony Wesley, the <a href="http://www.nytimes.com/2009/07/22/science/space/22jupiter.html?_r=1&amp;scp=2&amp;sq=jupiter&amp;st=cse">Australian amateur astronomer who noticed a black spot the size of the Pacific on Jupiter </a>at the weekend (probably made by a comet!). He made the point that the world of professional astronomy is now aided by an &#8220;army&#8221; of amateurs who are using equipment that only major observatories had twenty years ago.</span> <span style="font-family: Arial;">The same is true of trend watching. Amateurs now have the same equipment as professionals. We should look forward to similar discoveries.</span></p>
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		<title>On the Death of Fads</title>
		<link>http://thedoublethink.com/2009/06/on-the-death-of-fads/</link>
		<comments>http://thedoublethink.com/2009/06/on-the-death-of-fads/#comments</comments>
		<pubDate>Fri, 12 Jun 2009 22:42:53 +0000</pubDate>
		<dc:creator>colin</dc:creator>
				<category><![CDATA[Insight]]></category>
		<category><![CDATA[Fads]]></category>
		<category><![CDATA[Gael Le Mens]]></category>
		<category><![CDATA[Jonah Berger]]></category>
		<category><![CDATA[Stanford]]></category>
		<category><![CDATA[Trends]]></category>
		<category><![CDATA[Viral Marketing]]></category>
		<category><![CDATA[Wharton]]></category>

		<guid isPermaLink="false">http://thedoublethink.com/?p=567</guid>
		<description><![CDATA[
In the last decade a lot of research has gone into how fads spread.  Terms like “viral marketing”, “influencers” and “seeding” have been coined to describe different theories on how to marketers can encourage the spread of trends.
 
Very little, however, has been written about how trends die.
 
Until now.  A recent paper by Jonah Berger of [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignnone size-full wp-image-566" title="baby-names-chart" src="http://thedoublethink.com/wp-content/uploads/2009/06/baby-names-chart.jpg" alt="baby-names-chart" width="266" height="203" /></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: Arial;"><span style="font-size: small;">In the last decade a lot of research has gone into how fads spread.<span style="mso-spacerun: yes;">  </span>Terms like “viral marketing”, “influencers” and “seeding” have been coined to describe different theories on how to marketers can encourage the spread of trends.</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: Arial;"><span style="font-size: small;"> </span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: Arial;"><span style="font-size: small;">Very little, however, has been written about how trends die.</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: Arial;"><span style="font-size: small;"> </span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: Arial;"><span style="font-size: small;">Until now.<span style="mso-spacerun: yes;">  </span><a href="http://www.stanford.edu/~glemens/">A recent paper </a>by Jonah Berger of Wharton and Gael Le Mens of Stanford looks at how quickly trends die.<span style="mso-spacerun: yes;">  </span>Ingeniously, they’ve looked at over one hundred years of French and American census data to examine the rise and decline of popular baby names.<span style="mso-spacerun: yes;">  </span></span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: Arial;"><span style="font-size: small;"> </span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: Arial;"><span style="font-size: small;">The graph above illustrates this neatly.<span style="mso-spacerun: yes;">  </span>Charlene took decades to become popular and took decades to fade.<span style="mso-spacerun: yes;">  </span>Tricia climbed quickly and declined quickly</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: Arial;"><span style="font-size: small;"> </span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: Arial;"><span style="font-size: small;">They found that names that become popular quickly also lose popularity quickly.<span style="mso-spacerun: yes;">  </span>This is because the very suddenness in popularity is perceived negatively.<span style="mso-spacerun: yes;">  </span>No one, it seems, wants a trendy baby name.<span style="mso-spacerun: yes;">  </span></span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: Arial;"><span style="font-size: small;"> </span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: Arial;"><span style="font-size: small;">A teacher friend of mine talks about the ‘strata’ of kids names in her school.<span style="mso-spacerun: yes;">  </span>Ten to five years ago biblical names, such as<span style="mso-spacerun: yes;">  </span>Zachary, Benjamin were the thing.<span style="mso-spacerun: yes;">  </span>(My kids, born in this era, conform to this rule, of course.)<span style="mso-spacerun: yes;">  </span>More recently, forties era names have been popular:<span style="mso-spacerun: yes;">  </span>Jackson, Ruby and so on.<span style="mso-spacerun: yes;">  </span></span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: Arial;"><span style="font-size: small;"> </span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: Arial;"><span style="font-size: small;">Most importantly for marketers, Berger and Le Mens proved that, “in contrast to conventional wisdom, identity-relevant cultural products which are adopted quickly tend to be less successful overall (i.e., reduced cumulative adoption)”.<span style="mso-spacerun: yes;">  </span>In other words, fads sell less overall.<span style="mso-spacerun: yes;">  </span></span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: Arial;"><span style="font-size: small;"> </span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: Arial;"><span style="font-size: small;">This is very important.<span style="mso-spacerun: yes;">  </span>It suggests that brand launches shouldn’t necessarily start with a bang.<span style="mso-spacerun: yes;">  </span>New products may have to feel that they’re going to be around for a long time to be attractive and your awareness of them may have to build much more slowly than we’d previously thought.<span style="mso-spacerun: yes;">  </span></span></span></p>
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