How To Spot A Trend: 7 Social Media Trends That Matter In 2013

RohitBhargava
Rohit Bhargava Founder, Influential Marketing Group

Posted on November 29th 2012

How To Spot A Trend: 7 Social Media Trends That Matter In 2013

NEW: See the full 15 Trends presentation on Slideshare! >>

There has been a single pink folder on my desk since January 15th of this year. That day matters to me for two reasons – first because its my birthday, and second because it’s the day when I start an empty folder with the intention of collecting ideas for my year end trend report. Then throughout the year, I steadily add information that I find about products, services, apps, marketing campaigns, new businesses, and any other idea to it.

Some are scribbled on a memo pad from a hotel room. Others are torn out of magazines or newspapers. There are printouts of pages from the web with handwritten notes and items circled. If it is an idea I think is important, I find a way to create a physical archive of it. Sometimes bookmarking an idea in a browser just isn’t enough.

Then at the end of the year, I look through that folder usually filled with hundreds of small ideas, and start to filter them. I group similar concepts together and think about how they will matter for the new year. My philosophy when looking at trends is pretty simple – I focus on three things:

1. Idea: What is the CORE idea behind products or campaigns that unites them and says something about our culture or business?
2. Acceleration: How quickly is the idea finding its way into multiple businesses and what are REAL examples?
3. Impact: How profoundly could this idea impact that way that business is done in the short term (next year)?

Yesterday for the first time I offered a sneak peek at the first seven of my 15 Trends for 2013 to a room filled with over 200 communicators at the Social Media Outlook 2013 event put on my Potomac Tech Wire and hosted by USA Today (scroll to the bottom of this post to see the trends). In my talk, one of the questions a participant asked is how I develop my trend report and the process I use. For the next 15 days, I will sharing all 15 Trends through a daily blog post – starting tomorrow with a detailed post about my first trend to watch for 2013.

The full report with all 15 trends will come out on December 5th – with a FREE presentation on Slideshare as well as an extended eBook available for the Kindle.  You can also see my previous 2012 Trend Report and 2011 Trend Report on Slideshare as well.

How To Spot Trends

Before even beginning, it is useful to understand why so many trend reports that are already out there don’t really offer that much value.  To me, it comes down to three big tips I would share that help me when trying to make my own trend reports stand out:

  1. Don’t make it superficial – Talking about how social media will “be everywhere” in 2013 isn’t really a trend, it is more of a statement of fact.  Too many so-called trend reports just share a fact that is far too obvious and doesn’t dig deep enough.
  2. Find real proof – Every trend I share comes with multiple examples. I do use the principle that you need at least three strong examples before something is really a trend … but often I find many more.
  3. Avoid being self serving – It is understandable to want to find a trend that supports your business. If you own a cupcake shop, for example, the easy trend would be to say 2013 is the year of “Cupcake Explosion” … but usually self serving trends are easy to spot (and lose you credibility instantly)

Step One: Collect Significant Ideas

The aim here is to find ideas that describe a new sort of behaviour that is happening today with increasing frequency.

Step Two: Group Ideas By Theme

In this phase, my goal is to find individual ideas that have similarities and try to group them into clusters.

Step Three: Consolidate Ideas

Multiple clusters may be related to the same bigger concept – this phase is where I go from over 50 ideas to my final 15.

Step Four: Name The Trend

Part of the fun of trend hunting is naming each concept. My book Likeonomics, for example, was a leading trend from 2011.

Step Five: Create Presentation

For me, a visual presentation is where I can share each trend along with reach examples of visuals that illustrate it.

So there you have it – a visual description of my process for spotting trends. Now that you know how I approached it, here’s a short roundup of the first 7 social media focused trends that I shared during my presentation, along with a short list of the examples that I used for each. These will be included in the full trend report which is coming out on December 5th, and tomorrow’s blog post will be about “Shoptimization” – the first trend in my report.

7 Social Media Trends That Matter In 2013 (Sneak Peek)

  1. Shoptimization – The growing suite of technology, apps and business practices designed to make shopping quicker, easier and more convenient. (Examples - SliceDashlane, GoodRx, ShopSavvyWish Want WearKey RingRent the RunwayMacy’s in-store GPS)
  2. Partnership Publishing – Sitting between traditional publishing and self publishing is this “DIT – Do-it-together” model that pairs aspiring authors with publishing experts on an independent or boutique basis. (Examples - Paper Lantern LitNet Minds, The Domino Project,  and LayerGloss).
  3. Human Banking – In the works for some time, this trend of financial institutions finally using more human language and simplifying their offerings is set to take off in 2013. (Examples - Ally Bank, Mint, and FoundersCard)
  4. MeFunding – Crowdfunding gets personal as individuals turn to this model to raise money for everything from life changing trips to paying for health costs after tragic accidents. (Examples - GoFundMe, indiegogo and GiveForward)
  5. Hyper-Local Commerce – The money follows this hyper-local trend as tools emerge to instantly create ecommerce sites and apps help you keep money in your community. (Examples - Goodzer, Sears LocalPopulariseFundrise, and Shopify).
  6. FriendSourced Travel – Your friends are your greatest source of inspiration for planning travel, and a suite of apps and new travel services are making it easier to make your travel more personal than ever. (Examples - airbnbVayabletrippy,  Dine with the Dutch, and Tripbirds).
  7. Degree-Free Learning – The eLearning trend starts to take shape as more than a way to learn about hobbies – and begins to finally present itself as a viable alternative to a college education for some. (Examples - creativeLIVE, Inc. Advisor, Jack Welch eMBAUnCollege, E[nstitute] and Soundslice

COMING DECEMBER 5th, 2012 -

15 TRENDS IN 2013 THAT WILL CHANGE YOUR BUSINESS
(Presentation + eBook)

RohitBhargava

Rohit Bhargava

Founder, Influential Marketing Group

Rohit Bhargava is a trend curator, founder of the Influential Marketing Group, and the author of five best selling business books on topics as wide ranging as the future of healthcare, how to build a brand with personality, and why leaders never eat cauliflower. He has advised hundreds of global brands on marketing strategy and is an Adjunct Professor of Marketing at Georgetown University. A two time TEDx speaker, Rohit has been invited to keynote events in 27 countries and is regularly quoted in media outlets including The New York Times, Fast Company, The Wall Street Journal, and NPR.

See Full Profile >

Comments

Kent Ong
Posted on November 29th 2012 at 10:56AM

Thanks for the trend.

I would like to express my opinion as well in social media trend or internet marketing trend or whatever trend it is....

We need to focus on two things which we secure our future - Data and Relationship.

Smartphones are us and we are our smartphones. We are data generators, everyone of us. The world is full of data, as long as we can manage data, we will have power to always stay in front. But with data is not enought, we need to know how to communicate to build genuine human relationship.

Data makes us understand what human behaviours are, but we need to learn how to communicate to build relationship with consumers by using social media platforms.

These are two key things that we need to understand and master to always stay ahead of everyone. I read a lot of blog posts about 2013 trends. But Data and Relationship will never out of any trends.

CXthecloud
Posted on November 29th 2012 at 3:13PM

Hi, Rohit! I loved this article, especially the 2013 trends to look out for. Great info! Thanks!

Darrell Ellens in Vancouver
Posted on November 30th 2012 at 11:13AM

Hi Rohit,

Well thought out article, I think you should offer a class about it. Let's chat about it.

Darrell

 

Qnary
Posted on November 30th 2012 at 3:02PM

When looking for new social media trneds, make sure that you have information and research to back up your theories.    A lot of things are going to change for social media in 2013.

Posted on December 4th 2012 at 2:05AM

Great article Rohit.This will help doctors choose the most appropriate form of social media to market their services.

 

Erick Kinuthia

Team MDwebpro.com

BarbaraBehan
Posted on January 4th 2013 at 1:03AM

Hi,


I'd just like to say that, in addition to appreciating the content of your article, I'm happy and refreshed to read a blog post that's well-written and doesn't appear to need any proofreading!  As an editor and writing consultant, I'm often dismayed to find good blog posts whose credibility (to me) suffers because the writer didn't take time to fix typos, grammatical errors, and misspellings.  Yours was a pleasure to read and your information has that much more relevance because my eye didn't get stopped up on errors.  Thanks!

vlada_pechenaya
Posted on March 31st 2013 at 8:43PM

Wow, fascinating approach to trends, Rohit! Really enjoyed that one. I do something similair, but more like collect inspiring articles, photos, ideas, quotes, and put them up on a board. I I were to try your approach to identify trends, I guess the main issues is -how do I stay objective? 

I just imagine miriad of ways the identified trends can be used after classification- from new business ventures to book ideas. 

Thanks so much for the article and keep the good work up. 

Vlada

boostacause
Posted on April 16th 2013 at 3:43PM

"Mefunding" trends have different groups of people striving for the same dollars. Fact is that donation dollars are limited. Sites like Boostacause.com and igve allow supporters to raise funds for their cause when they shop online.