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Key Trends for 2018 Maxwell Luthy
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Relate Live NYC: Maxwell Luthy

Jan 23, 2018

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Page 1: Relate Live NYC: Maxwell Luthy

Key Trends for 2018

Maxwell Luthy

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Maxwell LuthyDirector of Trends & Insights, TrendWatching

@MaxLuthy | #Trustme

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WHAT A RIDE!

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WE DON’T ASK CONSUMERS ANYTHING.

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INNOVATIONS

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EMERGINGEXPECTATIONS

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EXPECTATION ECONOMY

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A moment to stop and think.

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VISION

BUSINESS MODEL

NEW PRODUCTS, SERVICES, EXPERIENCES

MARKETING, ADVERTISING, PR

WHERE?

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WHO?

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A-COMMERCE

VIRTUAL COMPANIONS

ADAPTIVE BY DESIGN

MOMENTS OF TRUTH

GLASS BOX BRANDS

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AI AVALANCHE

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THINKING: OUTSOURCED

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In 2018, shoppers will look to handover almost every element of the sourcing, bargaining, purchasing, tailoring and picking up of products and services.

A-COMMERCE

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AMAZON Connected devices can reorder supplies when running low

TOO EARLY

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NOT ALONE

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DRIFT Company uses AI and analytics to supply affordable energy

BARTERING

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FINERY Digital closet organizes outfits and manages purchases

RETURNS

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AMAZON ECHO Voice-activated selfie camera dispenses fashion advice

GUIDANCE…

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TAILORING!

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What do your customer interactions look like in the emerging era of

automated commerce?

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RUTHLESS COMPETITION

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78%of US consumers say they retract loyalty faster today than they did three years ago.

A c c e n t u r e , F e b r u a r y 2 0 1 7

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IDIOT PROOF

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Consumers are spoiled with honey traps before they make a purchase. In 2018, brands that continue to serve after a sale will earn trust, love and loyalty.

ADAPTIVEBY DESIGN

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MASTERCARD & CURVE

Financial service provider lets people switch cards for past purchases

TIME TRAVEL

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RYU Apparel brand’s discounts reward active customers

ENCOURAGING

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OSLO TOURISM Couple ‘rescued’ from their vacation fail after posting about it on Instagram

RESCUE MISSION

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TESLA Automaker’s free update helps customers evacuate hurricane zone

ACTUAL RESCUE MISSION

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Is your organization well-placed to adapt and respond to customers’

changing needs in 2018?

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394%increase in time spent on Social and Messaging apps in 2016.

Y a h o o , J u n e 2 0 1 7

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CAPITAL ONE Bank uses AI to respond to SMS and emoji

CONVERSATIONAL

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“Siri, find me a software engineer with a peer counseling or psychology background”

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In 2018, virtual personalities will prove they have the power to entertain, educate and heal.They will make the leap from assistants to companions.

VIRTUAL COMPANIONS

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75%of surveyed consumers associate mental health with ‘health’.

J W T , A p r i l 2 0 1 7

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REPLIKA Chatbot uses AI to befriend and support users

MIRROR MIRROR

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BLUE LEAF CAFÉ 

Cafe lets diners interact with virtual pop star, Hatsune Miku

PERSONALITY

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72%of regular voice technology users say “brands should have unique voices and personalities for their apps/skills and not just use the assistant on my phone.”

J W T , A p r i l 2 0 1 7

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KLM Airline's wearable gives tourists advice

OUT OF HOME

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When interacting with your customers, could you provide something even

more meaningful than great service?

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Edelman Trust Barometer

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Edelman Trust Barometer

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In 2018, rather than preach at consumers, brave brands will communicate with honesty and clarity and empower their customers with choices.

MOMENTS OF TRUTH

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GENERAL MILLS Artificial yet “classic” version of breakfast cereal relaunched

DECISION TIME

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AMERICAN APPAREL

US-based apparel brand relaunches with globally-made items

REALISM

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SKOL Beer brand admits and tackles its history of sexist marketing

ASSISTANCE

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HELP US FIX THIS!

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COMMBANK Bank's ATM surveys solicit opinions about the future of Australia

CONVERSATION

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Can you empower your customer with moments to stand by, celebrate

and share their values?

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BLACK BOX…

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CONNECTIVITY

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GLASS BOX…

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One powerful way to show consumers that your values align with theirs? Make meaningful positive changes to your internal culture, and then tell the world!

GLASS BOX BRANDS

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Tool deals with problem of vacation email backlog

PROCESSES

THRIVE GLOBAL

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Agency pays higher bonuses to staff who work less overtime

PRIORITIES

QUARTET COMMUNICATIONS

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Bank CEO walks gay employee down the aisle

PERSONAL

HSBC TAIWAN

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MOVE IN THE RIGHT DIRECTION…

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Your internal culture can be a powerful asset. What steps will you

take to improve it?

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A-COMMERCE

VIRTUAL COMPANIONS

ADAPTIVE BY DESIGN

MOMENTS OF TRUTH

GLASS BOX BRANDS

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THANK [email protected]

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presented by

#RelateLive