Trendlab is aiming to be the go to platform for trending insights, be that Cultural, Products or Services. So regardless of whether you’re looking for e-commerce trends or customer insights, digital marketing developments or dropshipping predictions - we have the tools to help you make robust market research-based decisions. This is partly driven by our philosophy that an informed execution is an effective execution.To help our customers, we send out a free weekly newsletter on the exploding trends that have caught our eye that week. You can sign up to it here.
Trend #1- Swappie
Swappie is a Finnish startup that sells refurbished iPhones online. It tests and, if necessary, repairs all phones it sells in its own refurbishment factory. The company was founded by Sami Marttinen and Jiri Heinonen in Finland in 2016. Soon, the ecommerce company expanded to Denmark, Sweden, and Italy.
Swappie has been Rising (71.2%) in the last year. It is experiencing Stable (2.3%) this month as compared to the previous month. With a Search Volume of 720 it is a trend to look up in the future because of its high growth speed.
Swappie has grown consumer demand in Europe to buy refurbished phones, saying that from 2018 to 2019 net revenues hit $35M+. It’s also seeing demand continuing to grow this year recording a 5x increase in net revenue growth in April and May 2020 vs the same period last year, despite the ongoing COVID-19 pandemic.
The trend of consumers shifting to buying more online looks to be helping its online marketplace. Like so many retail businesses that have embraced digital, it's a case of a fundamental shift in shopping habits. “The main focus of this round is to become the number one player in Europe. But also to explore opportunities outside Europe as well,” says CEO and co-founder Sami Marttinen. “That’s something we will be looking into but no concrete plans to announce at this point."
Trend #2 - Heymondo
Heymondo a travel insurance advisory platform designed to recommend customizable travel insurance coverage based on market risks and occurrences.
Heymondo has been Strongly Rising (70.3%) in the last year. It is experiencing Stability (3%) this month as compared to the previous month. With a
Search Volume of 70 it is a trend to look up in the future because of its high growth speed.
Many countries around the world are reopening borders for tourism, leaving travelers wondering what kind of travel insurance is currently available and if it comes with any Covid-19 coverage. HeyMondo is a flexible and customisable option for those who need travel insurance with Covid-19 coverage.
Heymondo has changed the way a lot of insurance companies sell. Whether it is the length of stay policies, the handy app or simply the level of customer service, you can tell they are adapting to the way people travel today.
Trend #3 - Wsb Stock
r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading. It has become notable for its profane nature, aggressive trading strategies, and role in the GameStop short squeeze that caused losses on short positions in U.S. firms topping US$70 billion in a few days in early 2021.
WSB has been Strongly Rising (62.5%) in the last year. It is experiencing Stability (2.8%) this month as compared to the previous month, with a Search Volume of 9.9K, it is a trend to look up in the future because of its high growth.
Easier to ask, what hasn't happened? With last month’s surge in the share price of GameStop Corp (NYSE:GME), the global market was finally exposed wholesale to the power that retail investors can wield if they are coordinated enough and have access to trading apps.
Many of the other WSB bets fade quickly; eg - Nokia is back where it began. But it's possible that Gamestop swallowed all the energy and appetite in late January. Seeking Alpha predicts that 'another run at the likes of NOK or BB wouldn't be shocking. (In fact, aftershocks in GME seem likely at some point if its decline continues.)'
Oh, one more thing: don’t forget to sign up to our newsletter here