Documente Academic
Documente Profesional
Documente Cultură
MENTAL WELLBEING
CON
TENTS
FIG 1.ELECTRIC KINGFISHER,2017
1.INTRODUCTION + BACKGROUND
2.RATIONALE
3.AIMS + OBJECTIVES
4.Literature review
4. 1 tHE RISE IN MENTAL HEALTH ISSUE
4. 2 WELLBEING TREND MANIFESTATION
4. 3 THE GROWTH OF WEARABLE TECHNOLOGY
4. 4 MARKETING FOR CHANGE
4. 5 INNOVATION + CONSUMER BEHAVIOUR
5.METHODOLOGY
5.1 PRIMARY RESEARCH
5.2 RESEARCH THEORIES
6.CONCLUSION
7.TIMELINE
8.IMAGE + REFERENCE LISTS
SIANA WATSON
9.BIBLIOGRAPHY N0646521
FASH30109
WORD COUNT:3,678
INTR 1.
ODUCT
ION +BACKGROUND
FIG 2.REGIONAL COLOUR,2017
objectives
1. Investigate how the wellbeing trend has manifested itse lf in the UK
3.Explore how mental health has impacted the fashion industr y through the
use of business marketing strategies
The emerging trend for wellness has spread within many aspects of
today’s society, with consumers now beginning to demand more from
brands and products to fit this growing social ideal. According to (Pilzer,
2012) the wellness industry is dealing with one of the most profound is-
sues, as it affects the lives of everybody. This shows a pertinent link be-
tween the demand of the consumers and the way brands can implement
the concept of wellness into products to meet these needs. (Weinswig,
2017) states consumers are starting to place more value on products
which help to positively impact health and wellness, than material ob-
jects. The trend is visible amongst all consumer groups, which has begun
to surface as a lifestyle choice, rather than a short term fad. With the
concept of wellbeing and health conscious attitudes having significantly
grown, it is imperative brands adapt their marketing strategies to con-
nect with consumers by integrating solutions which suit this rising de-
mand. In regards to Maslow’s Hierarchy of Needs theory, it could be sug-
gested that brands may need to reexamine the basic physiological needs
of consumers in relation to wellbeing. Safety is one of the fundamental
categories of the pyramid, which health falls into as a subgroup. There-
fore, Maslow proposed that it is a necessary requirement that people
can reach their full potential and progress to attain self actualization.
FIG 6.PYLONS,2017
FIG 7.SWEET PAPAYA,2018
“
have ‘attributes necessary for adoption’
which positively impact the concept of in- WHERE WEARABLES ARE MOST
novation. The products must have a relative
advantage over other existing products on
COMMONLY USED FOR FIT-
the market, and offer the consumer a more NESS-TRACKING PURPOSES
superior range of benefits. It is also impor- AT THE MOMENT, THEY SHOW
tant products are compatible to the consum- GREAT POTENTIAL FOR WIDE-
ers lifestyle, and that it is not too complex to
SPREAD ADOPTION IN THE
use. In addition, products should be able to
be tried out, which has proven to make them
HEALTHCARE SECTOR.”
far more likely to succeed. Lastly, if consum- (Meola, 2016).
ers are able to see the product in use, it is
has an increased chance of raising inter- Using the attributes in relation to wearables, can help dis-
est. As the health sector continues to grow, sect the device into groups, which helps formulate how they
wearable devices remain the most promising can be used to inform the process of adoption. The find-
area of adoption. This adoption is said to ings suggest that new devices entering the market must ad-
have been informed by emerging consumer here to these standards, to ensure brands receive positive con-
and professional healthcare trends, which sumer engagement. It is crucial that brands market to those
has the ongoing drive to secure interest. regarded as innovators, as they are the catalyst for adoption.
METH 5.
ODOLO
GY
5.1 p R I M A R Y RESEARCH
DIFFUSION OF INNOVATIONS
This theory will examine where the trend of wearable technology has originated and
helps suggest when the trend will be adopted. This can be used to investigate when
the trend will reach the tipping point and the moment the trend crosses a significant
threshold, when the adoption rate can potentially increase to reach the mass market.
PESTLE
A analysis of the political, economic, social, technological, legal and environ-
mental factors will be used to examine the current market situation of the UK and
the potential impact this has on digital brands and mental health organisations.
SWOT ANALYSIS
A situational analysis of the strengths, weaknesses, opportunities and threats
will be used to identify ways the chosen brand and mental health organisa-
tion, can utilise factors to benefit from a marketing strategy collaboration.
ANSOFF’S MATRIX
This theor y will be used as a tool to assess four potential scenarios brands can use, as an objective for achieving growth.
Firstly, market penetration means the brand can still sell existing products within an existing market, to capitalize and
improve profitabilit y using the current market proposition. This group can be fur ther categorised into key strategies,
which includes increasing the number of consumers, the average spend, the margin and improve the product range/
product mixture. Market development can be implemented, by taking an existing product to a new market, such as the
‘Fitbit’ wearable smar twatch. Yet, product development would implement the opposite ef fect, as a new product would
be entering an existing market. Lastly, the diversification process involves developing a new product for a complete -
ly new market. In relation to wearable technolog y for mental health, the proposed device is likely to fall under the
categor y of market or product development. This is based on the understanding, that an existing device can be used
and adapted with new features to help improve the condition. However, it may be more beneficial in terms of profit
and consumer engagement, to create a brand-new device from scratch, for the existing wearable technolog y market.
CON6.
CLUS
ION
THE RESEARCH GATHERED HAS BEEN USED TO DEMONSTRATE HOW INNOVATIVE DIGITAL TECH-
NOLOGIES CAN POSITIVELY IMPACT MENTAL WELLBEING. WITH THE POINTS DISCUSSED PREVIOUS-
LY WITHIN THE REPORT, AN INFORMED CONCLUSION CAN BE MADE. THE FINDINGS REVEAL THAT
MENTAL HEALTH IS A PROFOUND ISSUE IN THE UK. A SUGGESTION CAN BE MADE WHICH SHOWS A
CLOSE CORRELATION BETWEEN MENTAL HEALTH ISSUES AND THE MANIFESTATION OF THE WELL-
BEING TREND. WEARABLE DEVICES HAVE SHOWN CONTINUOUS GROWTH; A SIGNIFICANTLY INFLU-
ENTIAL PRECURSOR OF TECHNOLOGICAL INNOVATIONS. DESPITE THIS RISE, THE AVAILABILITY OF
WEARABLES AVAILABLE FOR MENTAL HEALTH ISSUES IS LIMITED. THE COMBINED RESEARCH METH-
ODOLOGIES WILL PROVE BENEFICIAL FOR INFORMING THE FINAL OUTCOME, WHICH WILL BE EXE-
CUTED THROUGH A STRATEGIC MARKETING PROPOSAL. THE FINDINGS ADDRESS THE GAP IN THE
MARKET FOR WEARABLE DEVICES, SPECIFICALLY FOR MENTAL HEALTH ISSUES. TO PROCEED, FUR-
THER RESEARCH WILL NEED TO BE CONDUCTED TO GAIN MORE IN-DEPTH KNOWLEDGE OF THE TOP-
IC AREA. A GREATER UNDERSTANDING OF CONSUMER BEHAVIOUR, THROUGH THE USE OF PRIMARY
RESEARCH, CAN HELP INFORM THE CHOSEN TARGET DEMOGRAPHIC. IT WILL ALSO ENSURE THE
MOST APPROPRIATE BRANDS ARE SELECTED FOR A COLLABORATIVE MARKETING STRATEGY, WHICH
WILL COMBINE A MENTAL HEALTH ORGANISATION WITH A SPECIALISED TECHNOLOGY BRAND.
7. TIME
LINE
8. IMA
GE+REF
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