Watching Market Trends
- Watching trends keeps you up-to-date with the latest news, not only from your field. You can then see the way this news has been adapted on social media. It matters especially in terms of real time marketing as well as some big events and holidays. You can see how big brands (but not only) cope with situations that can easily happen to you, or that generally happen from time to time.
- Trends = the well of inspiration. You can do something great, wrong, or jaw-dropping. When watching trends, you’ll often see jaw-dropping things that you wish you’d done to make a buzz. You can learn your lesson and make the most of them for your brand. One of the greatest examples of this is one trend found and analyzed by Sotrender – a video made by… Shell. And if you expect a boring video about some petrol, you’ll be left amazed and surprised. Take a look at the most engaging video in the social media in the UK in September. They made some buzz, they got conversions, and they made it to the top or our ranking!
- You have to know what to discuss or write about – trends are not for copying. Trends are for inspiring your own work. If you know that something works wonders and is widely shared, you can try something connected to it and ride on the wave of this topic. Just without producing the exact same piece of content. Maybe a trend is a great way to start an event or a debate? (or at least, a magnificent post on your blog?)
- You can discover which outcomes work and which don’t in a particular area. And it will be clear to you instead of wasting your time on something that probably won’t work anywhere else than in your head. Below is a quote by Ian Cleary from our personal branding post that suits this perfectly (but instead of reaching out and asking, you can just observe it in trends). Getting some thoughts is one thing, but comparing real data and results as well as measuring the impacts and reaction is another. Sotrender provides you with reports on more engaging/reaching trends and posts – sometimes it’s enough to see them, not necessarily to follow them.