5 Emerging Business Trends That Will Dominate 2017
— November 23, 2016
Change is the only way to succeed. If you don’t adapt, you don’t progress; simple!
Every year, we see new trends that dominate businesses. 2017 will be no different, and it has a few notable trends in store. Whether you like them or not, you will need to adapt to them to survive.
Understanding what changes are waiting for you can help you to adapt and succeed. So, to help you out, the following are the emerging trends that will dominate in 2017.
#1: Live Video Streaming Gets the Big Break
People like to live in the moment, and hence they demand the technology for it. Live Video Streaming has open ways to new possibilities and 2017 will be the time where most of these possibilities will be explored.
Easy access to the Internet and smartphones has paved the way for reliable live streaming. As we already had a taste of it in 2016, when most YouTubers streamed live for the audience, 2017 will explore the concept and bring something even better to the table.
#2: E-commerce will continue to Blossom
Today, E-Commerce is no longer limited to big names. First, it went to small business, and now even startups can benefit from it.
Between 2013 and 2016, there were many cases where startups started selling their products online. All they did was running a social advertisement for the business. The return was massive revenue.
This trend will continue to prosper in 2017 as it’s even easy for a business to reach their targeted market. Plus, there is no way to ignore the ever increasing demand of E-commerce.
#3: Small Businesses Will Embrace Business Intelligence Solutions
Business Intelligence (also known as BI) software collects fragmented data and converts it into beneficial information.
Enterprises have been using BI for decades. BI has helped industries to curate, see and store the Big Data. Thanks to the unrestricted growth of Internet, and big data solutions, its time small businesses take leverage of Business Intelligence solutions.
It informs you about what your client wants, how they spend, and let you expand your operations accordingly. In short, BI does the search on your behalf.
#4: Businesses will Unite Consumers
We have been seeing some crumps of this strategy over the year, but 2017 will be the year when this tactic will hit it big.
Let’s get real here; people are tired of being sold to. Nothing is a big turnover than a direct sales pitch that doesn’t engage any sentiment. Social networking of clients has been working on mobile apps and Social networks (Facebook, Twitter, etc.). There are many companies who don’t sell anything or have any physical assets, yet provide customers whatever they want.
So, 2017 will be the year when we will see businesses uniting their client on a bigger scale than ever.
#5: Businesses will Care about Mother-Nature
Today, we are more conscious about what we buy, how we conserve, and what we consume.
People now carefully look for well-reputed brands to buy from. A fact that can’t be overlooked is more brands are going green than ever. This means they are or going to offer products which will be sustainable and friendly to nature.