tedx: trends to answers

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TrendsToAnswer s Leigh Householder

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Page 1: TEDX: Trends to Answers

TrendsToAnswersLeighHouseholder

Page 2: TEDX: Trends to Answers
Page 3: TEDX: Trends to Answers

TREND

VIP-PetsHumanization of pet traits

cluesA

Pet ParentOwners start to see their pet as part of the family

B

HumanizationProducts started to give human characteristics to pet toys and foods

C

$35MIn 2007, consumer spending was expected to double from $17M to $35M

Page 4: TEDX: Trends to Answers

TREND

VIP-PetsHumanization of pet traits

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TREND

AmazonificationUsing online opportunities to buy goods and services

cluesA

TrustA new level of trust in online retail

B

ExpectationAn expectation that “The best deal” is only a few clicks away

C

DeliveryThe ease of at-home delivery

Page 6: TEDX: Trends to Answers

TREND

AmazonificationUsing online opportunities to buy goods and services

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TREND

“Know-me Expectation”Today most people expect brands to use what they know about us to create more personalized experiences.

cluesA

PersonalizationTime and loyalty was increasingly being driven by the personalization of products

B

SharingPeople share in short comments, pictures and videos

C

RecommendationRecommending a product seemed to give people a stake in the brand, a new kind of ownership and affinity

Page 8: TEDX: Trends to Answers

TREND

“Know-me Expectation”Today most people expect brands to use what they know about us to create more personalized experiences.

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The most profitable marketing innovations of the last decade were created on the upswing of a new consumer expectation - a trend that was changing the marketplace – and the most profitable were the brands who took advantage of them first.

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Why Innovation By Brainstorming Doesn’t Work

The Myth Of The Brainstorming Session

Groupthink: The Brainstorming Myth

The Brainstorming Process is B.S., But Can We Rework It?

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A.

TrendsTrends are ways that people’s expectations are changing

They let brands act systematically to capture market opportunities, take smart risks and spur innovation

Page 18: TEDX: Trends to Answers

A ClueHmmm.... A Clue, Really?

Page 19: TEDX: Trends to Answers

Shifting Point of CareTREND

emer

ging

mat

ure

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clues

B

43%43% of doctors email with their patients

A

12%Telehealth is growing and in 2014, 12% of care will be delivered remotely

C

CaregiversAlmost 40% of Americans are acting as caregivers, up from 30% in 2010. - Pew Research, 2013

Page 21: TEDX: Trends to Answers

1 Email and Text Check-insThe trend has been slowly growing year over year. Today almost half of doctors are emailing with their patients. Smaller groups are connecting with them in even shorter ways – like text and instant messaging.

Secure Messaging

Email

43%19% 15% 9%

SMS/Text Messaging

Instant Message

Page 22: TEDX: Trends to Answers

TelehealthOver the last 12 years, the U.S. Veterans Administration has been building the Care Coordination/Home Telehealth (CCHT) program, one of the fastest-growing telehealth programs in the world.

Program Growth Rate

Reduction in patient bed

days

58%

29%

2

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HealthSpotHealthSpot represents the first true integration of telehealth and primary care. HealthSpot is a mobile screening kiosk that integrates telecommunication and traditional medical devices to create a quick and convenient medical care facility.

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Group ExamsMore and more physicians are offering shared medical appointments. They can include a few patients or up to 16 people who share the same chronic condition.

13% of doctors offer shared medical appointments13%

3

85% of people who attend sign up for another85%

Page 25: TEDX: Trends to Answers

The Data DebateTREND

emer

ging

mat

ure

Page 26: TEDX: Trends to Answers

clues

B

Nike FuelbandCriticism over Nike’s Fuelband hints at “fuel points” not being a standard metric

A

100MThe wearable tech market is expected to grow to 100 million units by the end of 2014

C

How much?“Unless we carefully think about what we're going to do with this data, it ends up being excessive and might not be very useful for the patient's health” – Dr. Fred N. Pelzman, MD

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Does my doctor want a stream of my data?What will my doctor do with the information?Will they have time to research my data?Can I trust my wearables results?What if my doctor doesn’t know what to do?Which product should I use for my condition?How reliable is the information?What should I be tracking and why?Does it help my doctor identify problems?

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28% of consumers plan

on buying a device

1 in 3 consumers say that they have heard of

wearable fitness trackers

33% 28%

6%

58%

6% want to buy a device to

share stats on social media

Women outnumber men

on wearable devices

purchased

Tracking the Tracker Market

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Competitive DataTREND

emer

ging

mat

ure

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A

EffectiveScientists have found that seeing comparative data is a more effective route to behavior change

clues

B

Social ProofWhen people are uncertain about a course of action, they tend to look outside of themselves

C

Reward & StatusSocial media outlets use reward & status motivators to drive users to participate

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Towel Reuse RateIn one experiment, a team led by Noah Goldstein, discovered that a simple sign telling people that “most guests in this hotel reuse their towels at least once during their stay” increased reuse rates by 26%.

1

Increase towel reuse rate

26%

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AutomaticAutomatic is a auto accessory that connects to your phone via low energy Bluetooth® giving you insight to your driving habits and comparing you EPA estimates

2

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Nest and MyEnergyNest and MyEnergy compares your utility bills to similar homes and with your friends and neighbors, motivating you to be more eco-friendly and save on your bills

3

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Trends

Answers

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Thank You