Beanie Babies or pet rocks for example

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Possible Answers:

Fad.

Last seen on: Daily Celebrity Crossword – 10/18/19 Sports Fan Friday

Random information on the term “Fad”:

The bandwagon effect is a phenomenon whereby the rate of uptake of beliefs, ideas, fads and trends increases the more that they have already been adopted by others. In other words, the bandwagon effect is characterized by the probability of individual adoption increasing with respect to the proportion who have already done so. As more people come to believe in something, others also “hop on the bandwagon” regardless of the underlying evidence.

The tendency to follow the actions or beliefs of others can occur because individuals directly prefer to conform, or because individuals derive information from others. Both explanations have been used for evidence of conformity in psychological experiments. For example, social pressure has been used to explain Asch’s conformity experiments, and information has been used to explain Sherif’s autokinetic experiment.

According to this concept, the increasing popularity of a product or phenomenon encourages more people to “get on the bandwagon”, too. The bandwagon effect explains why there are fashion trends.

Fad on Wikipedia