Millennials Will Benefit & Suffer Due to Their Hyperconnected Lives

According to a new survey of technology experts, teens and young adults brought up from childhood with a continuous connection to each other and to information will be nimble, quick-acting multitaskers who count on the Internet as their external brain and who approach problems in a different way from their elders.

Many of the experts surveyed by Elon University’s (@elonuniversity) Imagining the Internet Center and The Pew Research Center's Internet & American Life Project (@pewinternet) say the effects of hyperconnectivity and the always-on lifestyles of young people will be mostly positive between now and 2020.

But the experts also predict this generation will exhibit a thirst for instant gratification and quick fixes, a loss of patience, and a lack of deep-thinking ability due to what one referred to as “fast-twitch wiring.”

Survey respondents say it’s vital to reform education and emphasize digital literacy. And a notable number say trends are leading to a future in which most people are shallow consumers of information, in danger of mirroring George Orwell’s 1984 of control by powerful interests in an age of entertaining distractions.

Read this report in full.

Also see our previous blogpost “Introducing Generation C: Americans 18-34 Are the Most Connected.”

How does this research and these predictions help you determine the future needs of your consumers and the ways you can publish life-changing content to meet those needs? Write your comments below.

Contact Somersault (@smrsault) to help you identify blue ocean strategy for your brand.

And be sure to bookmark and use daily the SomersaultNOW online dashboard.

Introducing Generation C: Americans 18-34 Are the Most Connected

Born sometime between the launch of the VCR and the commercialization of the Internet, Americans 18-34 are redefining media consumption with their unique embrace of all things digital. According to Nielsen (@NielsenWire) and NM Incite’s (@nmincite) US Digital Consumer Report, this group — dubbed “Generation C” by Nielsen — is taking their personal connection — with each other and content — to new levels, new devices, and new experiences like no other age group.

The latest Census reports that Americans 18-34 make up 23% of the US population, yet they represent an outsized portion of consumers watching online video (27%), visiting social networking/blog sites (27%), owning tablets (33%) and using a smartphone (39%). Their ownership and use of connected devices makes them incredibly unique consumers, representing both a challenge and opportunity for marketers and content providers alike. Generation C is engaging in new ways and there are more touch points for marketers to reach them.

Access the report (registration required).

Also see our blogpost "Millennials Will Benefit & Suffer Due to Their Hyperconnected Lives."

Contact Somersault (@smrsault) to help you navigate the changing demographics in today’s publishing world.

And be sure to bookmark and use daily the SomersaultNOW online dashboard; especially the Research tab.

8 Mobile Trends for 2012

L2 Think Tank (@L2_ThinkTank) reports that, according to Union Square Ventures Partner Andy Weissman (@aweissman), we’re moving into “the ambient computer age,” where our connected devices are becoming smaller and more powerful. The implications of this changes our media habits, the way we socialize, and much more. In an attempt to quantify this impact, Weissman outlines the 8 places in our lives where mobile will have the biggest near-future impact on investment:

Reading – A new breed of mobile-primary reading formats are emerging that allow us to consumer and share media in new and different ways.

Social – Our always-on devices give us instant access to sharing at all times.

Payments – In Japan people are already paying for subway rides with their mobile devices. Before long we’ll be using what was formerly a voice device for transactions, and this trend is already well underway in the United States.

Learning – We can now absorb information from our mobile phones and use the classroom as a venue for discussion and collaboration.

Location-Based Innovation – One in 3 searches on mobile devices have local intent.

Media – Facebook holds the biggest archive of photos in the world. Media in the mobile world is fundamentally conversational.

Blurring – The smartphones we keep with us on our hip at all times create a blurring effect in the world of connectedness. We’re no longer just connected on our laptops, but wired-in everywhere.

Medicine – Today patients share data and information with doctors in real-time.

Read this in full.

Contact Somersault (@smrsault) to help you take advantage of mobile trends to advance your brand.

And be sure to bookmark and use daily the SomersaultNOW online dashboard.

Behind the Google Goggles, Virtual Reality

Project Glass is what Google is calling its exploration into eyeglasses that promote constant virtual reality to the wearer.

Nick Bilton (@nickbilton) writes in The New York Times (@nytimestech) about the soon coming debut of wearable glasses that serve as computer monitors.

Later this year, Google is expected to start selling eyeglasses that will project information, entertainment and, this being a Google product, advertisements onto the lenses. The glasses are not being designed to be worn constantly — although Google engineers expect some users will wear them a lot — but will be more like smartphones, used when needed, with the lenses serving as a kind of see-through computer monitor.

“It will look very strange to onlookers when people are wearing these glasses,” said William Brinkman, graduate director of the computer science and software engineering department at Miami University in Oxford, Ohio. “You obviously won’t see what they can from behind the glasses. As a result, you will see bizarre body language as people duck or dodge around virtual things.”

...Like smartphones and tablets, the glasses will be equipped with GPS and motion sensors. They will also contain a camera and audio inputs and outputs.

...Through the built-in camera on the glasses, Google will be able to stream images to its rack computers and return augmented reality information to the person wearing them. For instance, a person looking at a landmark could see detailed historical information and comments about it left by friends. If facial recognition software becomes accurate enough, the glasses could remind a wearer of when and how he met the vaguely familiar person standing in front of him at a party. They might also be used for virtual reality games that use the real world as the playground.

Read this in full.

Also see our previous blogpost, “Point – Know – Buy.” And browse our blog’s Future tag.

What does this next advancement in technology mean for your publishing strategy? Will you seek to publish content for the exclusive consumption on these types of glasses? Write your comments below.

Contact Somersault (@smrsault) to help you identify blue ocean strategy for your brand.

And be sure to bookmark and use daily the SomersaultNOW online dashboard; including the Futurist News tab.

Point - Know - Buy

Smartphone-toting consumers are embracing a world in which they can find out about (and potentially buy) anything they see or hear, even if they don’t know what it is or can’t describe it in words. According to trendwatching.com (@trendwatching), the concept of “Point—Know—Buy” will reshape consumers’ info-expectations (“infolust”), search behavior, and purchasing patterns. Here are some of the drivers trendwatching identifies:

·         QR Codes

·         Augmented Reality

·         Tagging

·         Visual Search

Available online services that accommodate those drivers include WordLens (@wordlens), leafsnap (@leafsnap), Skymap (@googleskymap), Shazam (@Shazam), Aurasma (@aurasma), Blippar (@blippar), and others.

Read this in full.

See the PDF report.

Let Somersault (@smrsault) help you track and act on trends that impact your brand.

And be sure to bookmark and use daily the SomersaultNOW online dashboard.

12 Crucial Consumer Trends for 2012

trendwatching.com (@trendwatching) provides an overview of “12 must-know consumer trends (in random order)”:

·         Red Carpet — In 2012, department stores, airlines, hotels, theme parks, museums, if not entire cities and nations around the world will roll out the red carpet for the new emperors, showering Chinese visitors and customers with tailored services and perks, and in general, lavish attention and respect.

·         DIY Health — Expect to see consumers take advantage of new technologies and apps to discreetly and continuously track, manage and be alerted to, any changes in their personal health.

·         Dealer-Chic — In 2012, not only will consumers continue to hunt for deals and discounts, but they will do so with relish if not pride. Deals are now about more than just saving money: it’s the thrill, the pursuit, the control, and the perceived smartness, and thus a source of status too.

·         Eco-Cycology — Brands will increasingly take back all of their products for recycling (sometimes forced by new legislation), and recycle them responsibly and innovatively.

·         Cash-Less — Will coins and notes completely disappear in 2012? No. But a cashless future is (finally) upon us, as major players such as MasterCard and Google work to build a whole new eco-system of payments, rewards and offers around new mobile technologies.

·         Bottom of the Urban Pyramid — The majority of consumers live in cities, yet in much of the world city life is chaotic, cramped and often none too pleasant. However at the same time, the creativity and vibrancy of these aspiring consumers, means that the global opportunities for brands which cater to the hundreds of millions of lower-income CITYSUMERS are unprecedented.

·         Idle Sourcing — Anything that makes it downright simple - if not completely effortless - for consumers to contribute to something will be more popular than ever in 2012. Unlocked by the spread of ever smarter sensors in mobile phones, people will not only be able but increasingly willing, to broadcast information about where and what they are doing, to help improve products and services.

·         Flawsome — Consumers will consider those brands awesome that behave more humanly, including exposing their flaws.

·         Screen Culture — Thanks to the continued explosion of touchscreen smartphones, tablets, and the 'cloud', 2012 will see a screen culture that is not only more pervasive, but more personal, more immersive, and more interactive than ever.

·         Recommerce — It’s never been easier for savvy consumers to resell or trade in past purchases, and unlock the value in their current possessions. In 2012, ‘trading in’ is the new buying.

·         Emerging Maturialism — While cultural differences will continue to shape consumer desires, middle-class and/or younger consumers in almost every market will embrace brands that push the boundaries. Expect frank, risqué or non-corporate products, services, and campaigns from emerging markets to be on the rise in 2012.

·         Point & Know — Consumers are used to being able to find out just about anything that’s online or text-based, but 2012 will see instant visual information gratification brought into the real and visual world with objects and even people.

Read this in full.

Let Somersault (@smrsault) help you track trends that impact your brand.

And be sure to bookmark and use daily the SomersaultNOW online dashboard.

Digital Focus Is Vital for Brands

Brand owners must pay attention to their “digital balance sheet” as the rise of ecommerce, the popularity of mobile devices, and the growth of social media reshape the trading climate internationally, according to The Digital Manifesto: How Companies and Countries Can Win in the Digital Economy by The Boston Consulting Group (BCG) (@BCG_Consultant).

The management consultancy says the Internet economy of the G20 countries — a group including Brazil, China, Germany, India, Japan, the UK, and the USA — should hit $4.2tr in 2016, up from $2.3tr in 2010 due in large part to the rapid expansion of the Web user base, which is set to surge from 1.9bn to 3bn during the same period (45% of the global population).

“No company or country can afford to ignore this development. Every business needs to go digital,” says David Dean, a coauthor of the report and a senior partner at BCG. “The ‘new’ Internet is no longer largely Western, accessed from your PC. It is now global, ubiquitous, and participatory.”

The BCG report charts several major shifts in the use and nature of the Internet:

·         From a Luxury to an Ordinary Good.

·         From Developed to Emerging Markets.

·         From PC to Mobile.

·         From Passive to Participatory.

BCG says companies that make extensive use of the Internet — including social media — to sell, market, and interact with their customers and suppliers grow faster than those that do not.

The study recommends that brands focus on their “digital balance sheet:”

digital assets comprised of

·         Information and analytics about customers, suppliers, employees, and competitors

·         Connectivity and feedback loops that lubricate the digital enterprise

·         Intellectual property that bestows a competitive digital advantage

·         The people, culture, and capabilities needed to execute and deliver

and digital liabilities (ways of working that handicap the ability to exploit their digital assets) of

·         Organizational structures, incentives, and cultures that collectively discourage adaptability and risk taking

·         IT systems, processes, and tools that limit flexibility and focus

·         Rigid strategies unsuited to a volatile business environment

Read the news release.

Read The Digital Manifesto (registration required).

Contact Somersault (@smrsault) to help you determine your own brand’s digital balance sheet.

And be sure to bookmark and use daily the SomersaultNOW online dashboard.

The Digital Revolution and Higher Education

As online college courses have become increasingly prevalent, the general public and college presidents offer different assessments of their educational value, according to a new Pew Research Center (@pewinternet) report. Just 3-in-10 American adults (29%) say a course taken online provides an equal educational value to one taken in a classroom. By contrast, half of college presidents (51%) say online courses provide the same value.

  • 77% of colleges now offer online courses
  • 15% of college presidents say most of their current undergraduate students have taken a class online; 50% predict that 10 years from now most of their students will take classes online.
  • 15% of college presidents say most of their current undergraduate students have taken a class online, and 50% predict that 10 years from now most of their students will take classes online.
  • Nearly two-thirds of college presidents (62%) anticipate that 10 years from now, more than half of the textbooks used by their undergraduate students will be entirely digital.
  • Most college presidents (55%) say that plagiarism in students’ papers has increased over the past 10 years. Among those who have seen an increase in plagiarism, 89% say computers and the internet have played a major role.
  • The leaders of the nation’s colleges and universities are a tech-savvy group. Nearly nine-in-ten (87%) use a smartphone daily, 83% use a desktop computer and 65% use a laptop.
  • College presidents are ahead of the curve on some of the newer digital technologies: half (49%) use a tablet computer such as an iPad at least occasionally, and 42% use an e-reader such as a Kindle or Nook.

Read or download the full report.

Ebooks are the New Pamphlets

In New York magazine (@NYMag), Boris Kachka (@Borisk) writes that ebooks are more than a publishing platform — they’re a whole new literary form.

The great hidden virtue of ebooks — hidden beneath the chatter about their effect on the bottom line — is that they allow stories to be exactly as long as we want them to be. It turns out that many of them work best between 10,000 and 35,000 words long — the makings of a whole new nonfiction genre occupying the virgin territory between articles and hardcovers....

From one angle, the short book might look like another manifestation of the shrinking American attention span. From another, it speaks to our longing for a lot more depth than shrinking periodicals can handle.

Read this in full.

Also see our previous post, "In the Year of the Ebook, 5 Lessons From - and For - News Organizations."

Let Somersault (@smrsault) help you plan your ebook strategy.

Report: Consumer Media Usage Across TV, Online, Mobile, and Social

Almost 1 in 3 US TV households – 35.9 million – owns 4 or more televisions, according to a new report on media usage from Nielsen (@NielsenWire). Across the ever-changing US media landscape, TV maintains its stronghold as the most popular device, with 290 million Americans and 114.7 households owning at least one. Online Americans number 211, and 116 million (ages 13+) access the mobile Web.

See the charts of the State of the Media: Consumer Usage Report in full.