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Fads and trends

Trends, Network and Critical Thinking in the 21st Century

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Fads and trends

  1. 1. FADS & TRENDS
  2. 2. FAD A product, service or idea that is extremely popular for a very brief period of time and then becomes unpopular just as quickly -generates excitement -is a new way that people are doing 2
  3. 3. 3 Hula-hoop Rubik’s cube Yo-yos Virtual pets Pokemon Frisbee
  4. 4. Fads are so unpredictable that they can be a high-risk venture
  5. 5. ” When a fad dies, it dies very quickly and many businesses have been caught with a large product inventory that no one wants to buy 5
  6. 6. TREND ◉ A pattern or direction in the way something is changing; a movement toward a style or idea ◉ Has a more lasting effect on the market place ◉ Is a new “way” that people are doing 6
  7. 7. 7 Organic food products Environment Indusry Digital touch screens in shopping malls Email Online banking E-commerce