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Consumer Trends in 2011

With 2011 fast approaching, MediaPost recently released findings highlighting some possible consumer trends for the coming year. Overall the emphasis seems to be on what you may expect: Consumers focusing on economy and value as well as long-term benefits. No surprises there considering most of the world is still in some form of an economic downturn. What trends CAN we expect to see in 2011?

A few key trends:

  • Due to women earning more, 2011 may see a counter trend to the ‘metrosexuality’ of men in a ‘masculinization’ of women, thus providing brands new marketing opportunities for products that have had specific gender roles attached in the past (ex: automobiles and sports)
  • Smartphones are becoming the norm with increased interest in geography and apps which present brands an opportunity to engage and interact with consumers to drive business through mobile devices
  • Americans are working longer than ever, and those over 65 could prove an untapped market in certain sectors. According to MediaPost: “Vitality, energy and longevity will become key product qualities in the food and drink sector, while health and beauty messages may need to center on anti-aging properties.”
  • Urban farming continues to rise in popularity as growing your own fruits & vegetables is seen as both an economic solution as well as an environmentally sound practice, creating a growing market for new products and services

Be sure to check out the entire report on MediaPost.

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