Dude, have you seen the latest Troll Gun? We gotta get one!
A fad is a short-term obsession of the human mind that spreads like a plague through social media, marketing, and word of mouth. Sometimes, things just hit the right dopamine receptors at the right time, and the item of the fad is everywhere before you can even start to remember the last one. The favorite Fad (as far as corporations are concerned) are the one that moves some units, and that's the kind they spend the most time trying to spread.
But basically anything can be the subject of a Fad: a hairstyle, some phrase, clothing, toys, doing something weird and probably stupid. The only thing they have in common is a sudden surge in popularity that everyone tries to capitalize on before it burns itself out. More than a few corporations have run themselves into the ground by chasing fads but too late to the game.
Once a Fad gets going, Corps do whatever they can to keep the fires burning. Social media propaganda, mass marketing campaigns, internal corporate pressure on employees, emotional blackmail by celebrities as it starts to flag are all fair game - at least until their inventory runs out.
Sociologists, now sponsored by corporations, spend a lot of time investigating the mechanics of fads, how they interact with people and change societal pressures. More fun people think that Fads have an actual memetic aspect to it, like a self-sustaining virus of thinking that drives people to engage in its desired behavior.
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Creator of Araea, Megacorpolis, and many others.