Accelerate a Product's GROWTH by Spotting Trends


When developing your product think of ways to accelerate your growth by taking advantage of Trends.

There are 4 types of Trends:

  1. Technology
    1. When a new platform or product is introduced
    2. The Apple Watch was a new platform for developers to create apps
  2. Social
    1. Change in customer priorities or values
    2. With cross-fits popularity there was an increase more were eating a paleo based diet
    3.  Many people took advantage of the new paleo label 
  3. Regulatory
    1. Law introduced or removed
    2. Weed example

  4. Socioeconomic
    1. Shift in demographics or change in wealth distribution 
    2. Ex. China tourists - new products targeted to Chinese tourists as the booming China economy creates wealthier people that travel 

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