Hit or Miss
Finger on the Pulse
Want to keep up with the
latest trends, but not sure where to start? These 12 online
resources will help you stay in the know. - DailyCandy is a free daily e-mail service spilling
the beans on fashion, food and all things hip.
- Trendcentral is a free daily e-mail newsletter
covering lifestyle, technology, style and entertainment,
particularly for Gens Y and X.
- Daypop offers a Top 40 list of the hottest blog
topics including links, archives and performance indicators from
previous updates.
- BlogPulse allows visitors to search, analyze,
chart blog content and includes ready-to-go trend analysis such as
"yoga vs. Pilates."
- Google Zeitgeist charts the most popular searched
items on Google on a monthly basis, plus offers access to archived
Zeitgeist lists.
- Yahoo! Buzz
Index is a daily ranking of searched terms through Yahoo!
based on total searches and percentage of change from the previous
day. A free weekly e-mail buzz report is also available.
- Small Business Trends is a business trend-tracking
blog for entrepreneurs and small and mid-sized businesses
that's updated even on the weekends.
- Emerging Trend Advisor by Find/SVP is a
monthly e-mail newsletter written by industry experts covering
business trends. The newsletter is free to all Find/SVP clients,
but non-clients can sign up for the latest newsletter online.
- PollingReport.com is an independent, non-partisan
Web site revealing American trends through regularly updated polls.
PollingReport.com also offers a bimonthly subscription-based
newsletter.
- Trendwatching.com offers a free monthly e-mail
newsletter covering consumer trends and related business ideas. The
Web site also offers a preview of the current newsletter in case of
commitment reservations.
- Endgadget and Gizmodo offer up the daily doses of the
latest gadgetry and gear. If you want to know what's going on
in the consumer tech world, these are your blogs.-Steve
Cooper
Trump's Trend-Spotting TipsNo one knows how to ride the crest of a trend wave better than
real estate tycoon Donald Trump. Tsunami is more like it: Trump
capitalized on the reality-TV trend by becoming the star of
NBC's The Apprentice, a solid-gold branding opportunity he has
committed to for two more years. Trump has built his business on trends, but he knows how to cash
in on fads, too-at press time, he had moved to trademark his
signature catchphrase "You're fired," which will be
emblazoned on a line of T-shirts. He shares his advice for
entrepreneurs eager to capitalize on the next big thing: - Do your research for a big-money payoff. Read and study
magazines in great detail, and pay attention to pop culture for
signs of the next product craze or innovation in product
development. "If you are able to hit a trend or a fad
early," says Trump, "you'll make much more money than
you would from a more normal business."
- Try a variation on an already viable trend. "Always
extend a trend," he says, describing how, for example, the
principles of the Atkins diet may be used to help children-or even
pets-shed unwanted pounds.
- Consider a contrarian approach. "One of the things
I do, and often successfully, is to go opposite the trend,"
Trump says. If the hottest buildings in Manhattan are smaller
units-studios and one- or two-bedrooms-he'll start building
very large ones. "By the time you plan the building and get it
built, which is a number of years, there'll end up being a glut
of small apartments and not enough big ones."
- Fine-tune production. Since no one can predict how long
a trend or fad will last, make sure, if you're a manufacturer,
that you aren't stuck with overages. "You can't create
or build so much product that, if the trend or the fad doesn't
last, you're going to be stuck with it," Trump says. You
need flexibility and the ability to stop quickly when it ends.
- Jump in before anyone else. Being too cautious will cost
you dearly. "If it's already on the shelf," says
Trump, "you can, generally speaking, forget the
idea."
- Go with your gut. "You're going to do well if
you're lucky to be blessed with gut instinct," Trump says,
adding not to worry about the naysayers who don't understand
your vision built on an idea that hasn't yet become a household
name. "You're the one taking the risk, they're not.
And by the way, when it turns out to be good, family and friends
will be right behind you."
Content Continues Below
Coeli Carr is a freelance business and entertainment writer
in New York City.
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