Kickstarter Fashion: Lessons in What Consumers Are Craving

In the short four years it has been in existence, Kickstarter has gained a reputation for launching new tech crazes, empowering fans’ influence in the movie industry and online entertainment, and proving that consumers are looking for innovation in video gaming, games, and publishing. The crowdfunding site may have its share of flaws, but it is an amazing gauge from which to measure what young, empowered, and passionate consumers are looking to spend their money on. But fashion is often left out of the spotlight when it comes to discussions of Kickstarter success stories. It deserves our attention: in 2012 alone, over $6 million was pledged to 1,659 fashion projects, and the top-funded fashion start-ups on Kickstarter showcase untapped markets, consumer needs, and design innovations that could be huge successes. Here are some of the most recent successful Kickstarter fashion stories, and what each tells us about what fashion today might be missing:

 

Light Wing Trainers

$141,620 pledged; Passed goal by 944% with 2,116 backers (still 7 days to go!)

The Unbelievable Testing Laboratory lives up to its name, having taken 200,000 steps, 200+ comfort fit tests, 17 rounds of anti-slip, flexibility, and harmful substance tests, and 57 sole strengths tests following three international standards to make the Light Wing Trainers, shoes made from a paper material called Tyvek. The material was invented in the ‘60s, is virtually indestructible and used today for home insulation. Because of Tyvek, the shoes are “impossibly light.” Weighing less than half a pound, they sell the prospect of walking on air while being completely waterproof and durable, a wow factor for the Millennials who are constantly after the latest tech and styles in kicks. The UT Lab plays up the science angle of their…

 
 
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Millennial News Feed

Quote of the Day: “I'm trying to save roughly $5,000 to buy a vehicle. It will take me another 6 months or so.” –Male, 16, NC

The year started with a report that teens are leaving Facebook, and it’s ending the same way. A report this week showed that 88% of 13-17-year-olds were using the network in 2014, a drop from 94% in 2013. We’ve looked at the reasons that teens just aren’t as interested in Facebook before, and Ypulse’s latest social media tracker survey actually showed that currently only 63% of 13-17-year-olds say they use Facebook. (Mashable)

Millennial tastes are shaping the future of fast food, and majorly impacting longstanding brands. But what chains are keeping them happy now? YouGov BrandIndex ranked the restaurant chains that 18-33-year-olds would consider going to again to gauge their current brand loyalty. Gourmet sandwich chain Jimmy John’s topped the list, with 83% saying they would return. Chipotle, Chick-fil-A, Whataburger, and Subway made up the rest of the top five, in that order. (Business Insider)

Video sharing competition is heating up. Former Hulu CEO Jason Kilar has launched Vessel, his new subscription video service, which has been predicted to be a YouTube competitor. To entice creators to post content, they’re being offered $50 for every thousand views in the first three days they are posted, ifthey are only posted on Vessel. After a “72-hour exclusive window” the content can be shared on other sites. Currently Vessel is only open to creators, and a consumer launch “is pending.” (StreamDaily)

Kids are often shielded from adult content, usually because it is deemed too violent. But in reality, their bright cartoons might feature more carnage than grown-up fare. A recent study looked at the biggest children’s and adult movie hits in the same year and found that “two thirds of the 45 highest grossing children’s animated films feature an onscreen death of a major character” compared to half of the top “non-kid” films. “Death and destruction” are just a regular part of your average animated classic. (NYMag)

‘Tis the season for gift swaps, including the sinister favorite White Elephant—also known as Yankee Swap and Nasty Christmas. Old Navy is featuring the game in their holiday Vine campaign. Each day a video reveals gifts, from a high-end trip to a pogo stick, that will be given out, and every person who re-Vines or likes the clips is entered to win. The brand has also tapped 12 popular Viners to create their own clips in which they steal a previously opened gift or stay with the gift of the day. (Old Navy)

That image at the bottom of our newsletter is a gateway to insights and expert commentary on current and future Millennial trends. Clicking on it takes readers to our daily insights article, available to Silver and Gold tier subscribers, which illuminates a facet of Millennial culture and helps subscribers to understand the "why" behind the "what." Drawing from our ongoing collection of proprietary data, our deep-dive desk research, and our 10-year history of studying this generation, we figure out what it all means for brands and marketers. (Ypulse)

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