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Social Bartering

Providing personal interaction, brands exchange goods for social engagement

Implications - As networking and social engagement continues to dominate consumer behaviorism, businesses are turning to methods of online interaction to expand brand recognition in a more personal, and digitally efficient manner. Creating a platform for user involvement, brands are offering discounts and rewards in exchange for interaction on such sites as Twitter and Instagram, speaking to a shift in brand-consumer engagement towards more reciprocal, yet socially integrated methods of day-to-day interaction.
Trend Themes
1. Social Bartering - Brands are using social media platforms to offer discounts and rewards in exchange for interaction, leading to a shift in brand-consumer engagement towards more reciprocal, yet socially integrated methods of day-to-day interaction.
2. Gamification of Online Platforms - Online platforms are adding more game-like features and competitions which make the platforms more entertaining, and provides users with rewards, discounts and increased brand awareness.
3. Social Media Rewards Programs - Consumers are now being rewarded with points and discounts on high-end cosmetic and skincare products as they engage with beauty retailers through various social media platforms.
Industry Implications
1. Retail - Innovative promotions that use social media to connect with millennials are disrupting how retail presents its wares and engages loyal customers, this trend offers significant opportunities for those who adapt quickly.
2. Gaming - New online platforms and systems are developing that offer game features like competitions and rewards in order to offer a much more entertaining and engaging online experience.
3. Beauty - Social media is being used by beauty providers to engage with customers in a new way, offering discounts and promotions to those that interact most with core products and services, creating brand loyalty.
4.8
Score
Popularity
Activity
Freshness
Patterns
Megatrends
6 Featured, 53 Examples:
265,604 Total Clicks
Date Range:
Aug 13 — Jul 15
Trending:
Warm
Consumer Insight Topics:

Featured Examples

Hashtag Currency Shops
Hashtag Currency Shops
The Daisy Marc Jacobs Pop Up Shop Will Accept Tweets as Payment
Fashion Week is coming to NYC over the next two weeks and anyone with an interest in fashion and a Twitter account is going to want to check out the Marc Jacobs pop up shop. The shop is set to... MORE
Twitter-Powered Shopping Cranes
Twitter-Powered Shopping Cranes
The Topshop Playland Pop-Up Lets Visitors Pay with a Tweet
The Topshop Playland pop-up shop was unveiled at the retailer’s London flagship location this past May. Featuring a Twitter-powered crane, the whimsical display doubled as a vending machine... MORE
Competition Driven Travel Apps
Competition Driven Travel Apps
The Voyando Travel Site Makes Hunting for Deals a Competition
The Voyando travel site is making one of the most stressful parts of travelling a little bit easier (and a whole lot more fun). Hunting for deals is the norm for modern travelers and though it can... MORE
play_circle_filledVideo Game Swapping Services
Video Game Swapping Services
Game Gorilla Lets You Trade Games for the Ones You Really Want
Game Gorilla is a project that cousins George and Aaron Courtney are hoping to bring to life with support from the Indiegogo community, making it easier than ever for gamers to trade games with one... MORE
Social Media Makeup Rewards
Social Media Makeup Rewards
The Lancôme Elite Rewards Service Gives Consumers Luxury Discounts
French luxury beauty brand Lancôme Paris has introduced an innovative makeup rewards program that encourages beauty consumers to use their social media accounts to gain discounts. While selling... MORE
Photo Rewarding Apps
Photo Rewarding Apps
SnapMyAd is an App That Connects Instagram Users to Big Brands
Social media lovers and Instagram users will be delighted by the SnapMyAd app. This clever smartphone app connects instagram users to big brands in a way that benefits both parties. Simply take a... MORE

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