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: “It's cheaper and more fun to make my own Halloween costume. Also that way my costume will be different from everyone else's.” –Male, 17, PA

In stories of cyberbullying, Formspring gained a reputation for being an epicenter for negativity and hurtful anonymous comments between teens. The platform shut down last year thanks to that toxic history, but in its wake new site Spring.me wants to be “the friendliest social network,” joining the fight for positivity in social media. Like Formspring, Spring allows Q&A discussions and chats, but the site wants those chats to facilitate making friends. Spring’s slightly older userbase (an average age of 24) is one factor they hope will keep the environment relatively gossip and troll-free. (TechCrunch)

In our most recent Ypulse Quarterly trend report, we talked about Chasing Neverland, a trend of Millennials wanting to recapture the carefree feeling of their childhood. One example? The pre-work dance parties that have become popular in New York, LA, San Francisco and Atlanta. Daybreaker, the company throwing these energetic events, emphasizes health and wellness, and says the parties are all about having a unique, fun, in-person experience. According to one organizer, “There’s an outcropping of excitement for interactivity and real community experiences. Millennials—they’re tired of online.” (Mashable)

Millennials are getting serious about saving. According to a new study, the number of young workers enrolling in 401(k) plans increased 55% in the first half of 2014. A major factor behind the increase is the “sheer number of Millennials entering the workforce.” Today they make up 25% of workers, and by 2020 that number is estimated to climb to 50%. (Time)

The rumored anonymous Facebook app is here: Rooms is a mobile network that aims to bring people together based on mutual interests instead of mutual social connections. Users can create a room around any topic, from bee keeping to World of Warcraft, and other people can join those rooms using any username they choose. Room accounts are not connected to Facebook accounts, and the app is based off of the idea of online forums more than recent iterations of social networking. (Fast Company)

Archie, Betty and Veronica are coming to TV: Fox is developing a “subversive take” on the iconic comic series. The show,Riverdale, will reportedly be a combination of the small-town teen sagas of Dawson’s Creek and the weird, mysterious happenings of Twin Peaks. The plot will focus on the darker elements lurking under the “wholesome façade” of the town, and other characters from the Archie franchise will be involved—Josie and the Pussycats will reportedly play a “big role.” (SlashfilmUproxx)

Did you know that Ypulse tracks social media trends in our biweekly surveys? We found that Vine, Twitter, and YouTube have seen steady growth since November 2013, gaining 9%, 10%, and 13% more Millennial users, respectively. Our Silver and Gold tier subscribers explore helpful visuals that detail our tracked trends in the Data Room on Ypulse.com. (Ypulse)

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