Ypulse’s Predictions for 2018

The Ypulse team’s forecast for what 2018 might hold in media, marketing, entertainment, technology, and more... 

We’ve told you what some other experts are predicting for the next 12 months, now here are the Ypulse team’s thoughts on the trends in retail, marketing, and beyond that brands should be prepared for this year:

RETAIL/FASHION

Millennial research, Millennial insight, Millennial marketing, Gen Z research, Gen Z marketing, Gen Z insight, youth research, youth marketingTHE SHOWROOM ERA

Last year, we predicted that retail would shift to more select experiences, then watched as Experiencification in brick-and-mortar became the priority and the trend of shrinking retail footprints spread. In the coming year, these trends will continue and converge, resulting in a new era of showroom mentality for retailers. Brands will continue to create innovative pop-ups (already a major marketing trend) to experiment with new ways to show off their wares. More online-only brands will debut and expand their brick-and-mortar, but will follow the Glossier playbook—creating select in-person retail experiences that are non-traditional and highly Instagrammable. Ideas like retail hotels will gain traction, especially for home décor stores, to put products in a positive and appealing context. Meanwhile, historically larger stores will be forced to downsize to appeal to young consumers who don’t want a sprawling maze of choices, but to interact with products in a manageable, fun way—and have it all delivered to them later. (As we’re already seeing with experiments from Ikea and Nordstrom.)

Millennial research, Millennial insight, Millennial marketing, Gen Z research, Gen Z marketing, Gen Z insight, youth research, youth marketingHOME SWEET HOME DECOR

Millennials’ delayed home ownership—and their resistance to accumulating belongings the same way that Boomers did—has taken its toll on unprepared brands. But in 2018 we expect to see a pivot, as more Millennials enter the homeownership market, and retailers realize that while they might not have full houses to decorate just yet,…

 
 

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The Newsfeed

Quote of the Day:  Millennials have grown up in a world where consuming wine outdoors—or any location outside of the traditional table—is more acceptable than generations past.”—Kate McManus, VP of Marketing, Delicato Family Wines (Wine Spectator)

Young consumers are “killing the shopping spree.” Whether they’re signing up for the growing number of clothing subscription services (Rent the Runway, Le Tote, Urban Outfitters, etc.), shopping second-hand, or just culling their closets—young shoppers are quitting fast fashion in droves. Some are inspired by Marie Kondo’s joy-sparking brand of minimalism, while others want to help the environment—and still others are just seeking a wide range of things to wear at a lower price. (Vice)

Airbnb is launching “adventures” for experience-seeking young travelers. The site that started with accommodations and moved into one-off “experiences” (like dinner parties) now offers multi-day excursions, complete with guides, gear, meals, and accommodations. The platform already features over 200 trips in 40 countries, including a tiger-tracking expedition in Kenya and a trek through the canyons of Oman. (Fast Company)

Tyson Foods is taking on the fake meat market with plant-based nuggets. The pea protein nuggets are the first in a line of “Raised & Rooted” products from Tyson Foods. The brand's CEO explains they’re catering to the “growing number of people open to flexible diets that include both meat and plant-based protein”—aka young flexitarians, not full-time vegans. But can a company known for its meat sell the idea that “this [trend] is about ‘and’—not ‘or’”? (The Verge)

Snapchatters can shop Levi’s new Pride Month jacket via selfie filter. The Shoppable feature is first enabled by scanning a QR code found at select stores or by getting a special Snapcode from a friend. Then, users can try on the special-edition trucker jacket via augmented reality, customizing it with one of two washes and a selection of six pins and patches. Once they complete the look, users can purchase the Pride Month Jacket—without ever leaving the app. (SJ)

Amazon’s new Echo Dot Kids Edition revamps the original. The new smart speakertakes many cues from the adult version’s second generation (it’s louder and rounder) but adds special features just for kids that go beyond a rainbow-striped color scheme. The device will come with a year of FreeTime Unlimited, a subscription service that includes popular Alexa skills like Pinkfong’s Baby Shark Adventures, as well as an enhanced parental control suite to address growing privacy concerns. (VarietyCNET)

Quote of the Day: “Young people still have an incredible interest in the Olympic Games…But the way they are consuming the Olympic Games—the type of content they are watching and the ways and the platforms on which they are watching—are fundamentally changing.”—Kit McConnell, Sports Director, International Olympic Committee (Bloomberg)

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