10 Micro Trends For 2014: Looking Further With Ford

Vying For Validation

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10 Micro Trends For 2014

10 Micro Trends For 2014

At last week’s Ford News Briefing in Dearborn, Michigan, Ford released its second annual trend report, Looking Further with Ford 2014. This report identified 10 “Micro Trends” that will influence consumer behavior in the new year. To expand on this, Ford’s Head of Global Trends and Futuring, Sheryl Connelly, lead a panel of experts in discussing these ten trends: Dan Creekmore, the Marketing Director of Facebook, Deborah Hopkins, chair & CIO of CitiVentures, and Chris Riley, founder and president of Studio Riley.

10 Micro Trends For 2014: Looking Further With Ford

    • Innovation’s Quiet Riot: This powerful trend is all about the incredible technological advances that seem to be happening on a near-daily basis. A recent survey by BAV Consulting found that 70% of those surveyed worldwide felt that the technological leaps we are making today are larger than they were just five years prior. The landscape of the modern world is incredibly exciting in a number of ways, and entrepreneurs are taking advantage of new opportunities – and creating their own.
    • Old School: By the same token, all of this rapid change is making us more nostalgic – and more quickly. I’m not the only one who has noticed people pining for “The Good Old Days” of, say, 2005; and nostalgia marketing definitely seems to be a compelling market.
    • Meaningful vs. The Middle Man: Piggybacking off this nostalgia is the desire to have closer connections to those we buy things from, rather than shopping from faceless entities. This ranges from buying products at small businesses to connecting with larger ones through unique campaigns.
    • Statusphere: This trend relates to how and why we spend our money (And time) and what we perceive as meaningful – or not. I had to laugh at the mention given to The Rich Kids of Instagram!
    Vying For Validation

    Vying For Validation

      • Vying For Validation: Selfies, Facebook likes, and other virtual pats-on-the-back are at the center of this trend.
      FOMO: Fear of Missing Out

      FOMO: Fear of Missing Out

        • FOMO/JOMO: FOMO stands for the “Fear Of Missing Out”, while JOMO stands for the “Joy Of Missing Out”. This trend relates in part to the anxiety that people feel about making decisions now that there are so many choices, and the subsequent rebellion with people actively looking to disconnect and “Miss out”; but it also relates to the change of social landscape in all areas, including work. Deborah Hopkins pointed out that it takes a lot of work to alleviate the FOMO anxiety in corporations when we are all expected to respond to things like emails instantaneously.
        Do You Have Ring-Xiety?

        Do You Have Ring-Xiety?

          • Micro-Moments: Another study by BAV Consulting revealed that the majority of responders try to get little tasks done in small amounts of spare time so that they’ll have a larger amount of free time available later. I think it’s a smart trend – I’d much rather answer a few work emails while I’m waiting in the doctor’s waiting room instead of twiddling my thumbs, and the bonus is that I can turn my phone off sooner when I get home! On the flip side, this trend also bleeds into people feeling the compulsion to be occupied at every single second of the day. Which leads us to:
          • Myth of Multitasking: Sheryl Connelly opened this segment by citing one of my favorite studies about the true “Effectiveness” of multitasking. There were several of fascinating studies and articles referenced, all of which I’m going to bookmark and share the next time I get hassled about not answering my phone while in the shower. I was also glad to know that Ford is working on “Do Not Disturb” technology to mute all phone insanity while the car is in motion. Thank you!
          Stand Still, Get a Beer

          My favorite slide from “Myth of Multitasking”: A Bulgarian beer company has a machine which will reward customers who manage to stand still for 3 minutes with a free beer. You get to stand still for a few minutes AND get a beer at the end of it? Win-win!

          • Female Frontier: This area focuses on women’s rights and females taking on leadership positions in the workplace and beyond. This is such a crucial topic so it’s good to see it anytime it is brought up. Another important social issue that was raised was the last trend on our list:
          • Sustainability Blues: This final trend piece relates to the importance of water – conserving it, keeping it clean, and making sure that every individual has access to it. Ford discussed its efforts to decrease its water use, stating that it has decreased the total amount of water used annually from 64 billion liters of water to 24 billion.

          Which of these trends has the most influence with you?

          ———

          Read more about the Ford Motor Company’s annual North American news briefing and trend report

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          Leave a Reply

          23 comments

          1. Free beer for Standing still. I have ring-xiety

          2. Stefani

            Im liking Fords Do Not Disturb technologhy idea. Great information here, thanks for sharing.

          3. Amy

            The do not disturb function sounds great – i know my dad is always like … Why have a cell phone if your not going to answer it. Sorry dad, I was in the shower, …

          4. I totally agree that multitasking is a myth, I love that Ford is coming out with technology to silence the phone with the car is in motion. I would definitely want that in our cars!

          5. Natalie

            I love Ford’s. My first two cars were Fords… so happy memories. Yes, very nostalgic for me :)

          6. Great ideas! I think hibs would like the “Stand still and get a beer” machine. LOL

          7. I like Micro-Moments – if I can get something done on time that would otherwise be wasted I’m all over it!

          8. anne1456

            I totally agree with the myth of multitasking! The do not disturb features sounds like a great idea, can’t wait to see it.

          9. Carlee C

            Seems like there was a lot of information to be had at this News Briefing. I’m definitely feeling the nostalgia marketing, I always appreciate a Throw Back Thursday. :)

          10. I am excited to read more about Ford, I love Ford vehicles a lot a lot!

          11. I want the do not disturb function for my phone while driving now!! What a great idea!

          12. Donna Chaffins

            I just love the phrase “Women Frontier”. :)

          13. brett

            oh, do not disturb sounds like something i NEED

          14. Janel

            I definitely think a lot of us are looking for validity. It’s the whole concept of comparing ourselves and when you have social media so prevalent showing you a window into others lives, it’s hard not to compare and wonder if you’re on the right track.

          15. That do not disturb technology sounds perfect! Cannot wait to try that.

          16. Melissa

            We are in the market for a Ford right now!

          17. Meagan Ivie

            I never realized that I do micro-moments all throughout my day! I find myself always trying to stay busy and get things done so I don’t have anything hanging over me when my husband gets home.

          18. Robyn Thompson

            We live in a Ford city. My dad retired from there!

            I love that they are working on Mute all phone technology while in the car!

          19. I do micro-moments all the time. It helps in the end.

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