Coolhunting

Coolhunting is a term coined in the early 1990s referring to a new breed of marketing professionals, called coolhunters. It is their job to make observations and predictions in changes of new or existing cultural trends. The word derives from the aesthetic of "cool".

In this they resemble the intuitive fashion magazine editors of the 1960s such as Nancy White (Harper's Bazaar 1958–1971). Coolhunters operate most notably in the world of street fashion and design, but their work also blurs into that of futurists such as Faith Popcorn. Many webloggers now serve as online coolhunters, in a variety of cultural and technological areas.

Pattern Recognition, a 2003 novel by William Gibson, features a coolhunter as its main character.

Business

Coolhunters are found in many different places. The most popular are:

Firms

A coolhunting firm is a marketing agency whose exclusive purpose is to conduct research of the youth demographic in the areas listed above. They then compile their data and produce reports detailing emerging and declining trends in youth culture as well as predictions for future trends. These reports are then sold to various companies whose products target the youth demographic. They also offer consulting services. Coolhunting firms often provide services for some of the largest corporations in the world. Like a brands discovery.

In-house

Rather than outsourcing their market research, some companies opt for in-house youth culture marketing divisions. These divisions act in much the same way as a coolhunting firm but the reports and data collected remain within the company and are used solely to promote its products. A company will often prefer this form of coolhunting as a way to gain an advantage in the valuable youth market since the research conducted by coolhunting firms is available to anyone willing to pay for it. A prime example of a company that employs in-house coolhunting is Viacom's MTV television network.

Methods and practices

Coolhunting is much more than simple market research because of the nature of the subjects. The teen and preteen market is often referred to as a "stubborn" demographic in that they do not respond well to blatant advertising and marketing campaigns targeted at them. Coolhunters therefore must be more stealthy in their methods of gathering information and data.

Focus groups

Focus groups, though quite obvious in their attempts at gathering information, are very popular among coolhunters as they provide direct insight into the thoughts and feelings of their target demographic. Coolhunters will typically gather a group of randomly selected individuals from their target demographic. While one or more market researchers interact with the group, they are often being monitored and recorded by a non-visible group, because not only do coolhunters want to hear what their subjects have to say, they also want to observe their simple mannerisms.

Depending on the nature of the study, the methods of the information-gathering during a focus group interview may be extremely broad, with questions relating to lifestyle and youth culture, or more specific, like comparing certain brands and determining which brands the group is most responsive to.

Participants in focus groups are usually rewarded for their participation, whether it be a cash amount, free products, or other rewards.

Undercover coolhunters

Coolhunters will often seek out individuals from within their target demographic who are regarded as leaders or trendsetters. They will then hire these individuals to be undercover coolhunters, who gather information secretly among their peers and report their findings back to their employers. This is a popular method of coolhunting as it provides insight into their target demographic within their natural environment.

Online coolhunting

There are a wide variety of methods for conducting market research online. Popular examples are online surveys where upon completion, the participant will usually receive a prize or monetary compensation. Other times coolhunters will enter chatrooms and webgroups posing as an individual within the target demographic and gather information.

Uncoolhunting

The Uncoolhunting is an unlimited phenomenon created by the website/magazine . Theuncoolhunter.com. This mag was designed for a reader who wants to enrich him or herself with information related to the new trends. In order to stand out from the other, let’s say, conventional websites of coolhunting and trendscouting, The Uncoolhunter wants to go further and show the other face of the trend: the no trend and worship the uncool (the trash, the bizarre, the kitsch, the cheap pretentious, the expensive sold to a lower price, the freak, the badly designed, the surreal, the hyper-real, the incoherent, the under professional, the under scientific and the underdeveloped). A group of everyday life observers from all over the world makes it possible.

See also

• Consumerism
• Pop culture

Further reading

In English:

• Peter A. Gloor and Scott M. Cooper (2007). Coolhunting: Chasing Down the Next Big Thing. AMACOM Div American Mgmt Assn. ISBN 0814473865. {{cite book}}: Unknown parameter |isbn13= ignored (help)
• Bernard Cova, Robert Kozinets, and Avi Shankar (2007). Consumer Tribes. Butterworth-Heinemann. pp. 137–139. ISBN 0750680245. {{cite book}}: Unknown parameter |isbn13= ignored (help)CS1 maint: multiple names: authors list (link)
• Nick Southgate (2003-06-22). "Coolhunting with Aristotle" (PDF). Proceedings of the Market Research Society Conference 2003. {{cite conference}}: Unknown parameter |booktitle= ignored (|book-title= suggested) (help) also printed as:
  • Nick Southgate. "Coolhunting with Aristotle". International Journal of Market Research Society. 45 (2): 167–189.
• Russell W. Belk (2007). "You ought to be in pictures: Envisioning market research". In Naresh K. Malhotra (ed.). Review of Marketing Research. M.E. Sharpe. pp. 197–198. ISBN 9780765613066.

In Spanish:

• Daniel Córdoba-Mendiola, Coolhunting (Ediciones Gestión 2000, 2009)
• Marta Dominguez Riezu, Coolhunting. Marcando tendencias en moda (Editorial Parramon, 2009)
• Victor Gil, Coolhunting. El arte y la ciencia de descifrar tendencias (Empresa Activa, 2009)

In Italian:

• Marco Luca Pedroni, Coolhunting. Genesi di una pratica professionale eretica (FrancoAngeli, 2010)

External links

Video

• PBS Frontline series, The Merchants of Cool

Print

• "On the prowl for fashion" MercatorNet, May 13, 2006.
• Malcolm Gladwell, "The Coolhunt" (1997).
• Marco Pedroni, "Introduction to "Coolhunting"" (2010).
• Scott Westerfeld, So Yesterday
• Mac Slater Coolhunter: The Rules of Cool by Tristan Bancks