Trendspotting: Opportunities, challenges abound for online …

May 22, 2023 · Trendspotting: Opportunities, challenges abound for online grocery sales By. Craig Levitt, managing editor. May 22, 2023. eGrocery sales for April 2023 totaled $8.2 billion, …

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May 22, 2023 · Trendspotting: Opportunities, challenges abound for online grocery sales By. Craig Levitt, managing editor. May 22, 2023. eGrocery sales for April 2023 totaled $8.2 billion, …

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May 22, 2023 · Trendspotting: Opportunities, challenges abound for online grocery sales 1 / 4. By Craig Levitt, managing editor May 22, 2023 eGrocery sales for April 2023 totaled $8.2 billion, …

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What is Trendspotting & why is it important?

Trendspotting gives analysts, marketers, product developers, and other professionals the ability to plan for the future by anticipating new business opportunities and demands. Knowing about trends before they hit peak popularity can also help brands distinguish themselves from the competition with a first-mover advantage. ...

What is Trendspotting at work?

That’s the power of trendspotting at work. Trendspotting is a strategic skill that enables businesses to predict and adapt to market shifts before they hit the mainstream. ...

What is trend spotting & why is it important?

In today’s business context, trend-spotting is everyone’s job. In every field in the business world, trends in customer behavior and technological innovation are changing more rapidly than almost any organization can handle. ...

Can you combine traditional market research and Trendspotting?

In some cases, you can combine traditional market research and trendspotting. For example, you can evaluate market saturation (overcrowded or under-served) as well as measure supply and demand. As the digital age continues to progress, the information it brings us continues to pile up. ...

How can I boost my Trendspotting efforts?

Find newsletters, blogs, social media accounts, and other regularly updated resources that can keep you in the loop of new developments and insights that you can use to boost your trendspotting efforts. Be observant and curious. Often the most exciting trends come from unexpected origins. ...

What is a Trendspotting process?

Organizations need to be deliberate about organizing, executing and taking action through a trendspotting process. Trendspotting should focus on a range of trends across technological, economic, political, social, trust-related, regulatory/legal and environmental domains. ...