A trend is complicated to explain.
By definition, a trend 📊 is...
A general direction in which something is developing or changing. - source
What does it mean really?
A trend can be
Trends are almost unpredictable
"Thousands of entrepreneurs think that trends are easy to bypass. Only a few actually crack it and when they do, it's too late. Welcome to the circle of Life. Is it chance perhaps?" - Will Smith
In order to crack THE PERFECT TREND, we use APIs to scroll around data intelligences with 3 categories:
📈
🔥 trends, ⚖️ +>-
📉
🧊 trends, ⚖️ +<-
📊
Emerging trends
Should you start predicting the future of trends?
A trend can be when something (or someone) increase 📈 or decrease 📉 through time.
Regardless of the negative and/or positive impact of the trend in the market.
- Covid19 is 📈 , Sustainable wood 📈 , Art Deco 📉 .
A trend can look like a not a straight line 〰
You should install Trends Everywhere if you interested in talkimg about trends.
A trend can represent: think of PESTEL 🌍
- A product emergence - ex. A bag vs. A purse vs. A suitcase
- A service - ex. Ecommerce vs. Marketplace
- A certain style of product - ex. Smart TV vs. TV
- A business model - ex. SaaS vs. Ecommerce
- A customer type / persona - ex. millennials
- A consumer behavior - ex. WorkfromHome
- A new tech - ex. Blockchain
- A political movement - ex. Black community
A trend can be calculated through 🧐
- Number of search (Google Trends)
- Number of visits or clicks (on any kind of website)
- SM posts (Reddit, Instagram, Twitter,...)
- A complicated algorithm - generally created internally
- Another kind of API - connect a website to your database (giving access to)
Source 🕵🏻♂️
The 3 M's of Trends