The Most Important 5 Business Trends and Opportunities for 2020-2021
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Author:Xi'an Echo International
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Published time: 1735 days ago
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Almost averaging the year, it is becoming increasingly important as an entrepreneur to keep up to date. It is for this reason that you cannot see all the advances and trends, especially when starting a business.
Almost averaging the year, it is becoming increasingly important as an entrepreneur to keep up to date. It is for this reason that you cannot see all the advances and trends, especially when starting a business. These are some of the trends to keep an eye on this year and next.
● Young Generation as the main target
For the younger generations, the Internet is a fundamental part of everything they do. And the more they grow and the more they enter the consumer market, companies must do their best to attract their attention and retain them, shifting their marketing efforts to digital platforms and strategies.
A clear example are platforms such as Tik Tok, which has more than 500 million active users, and is close to Linkedin, Twitter, Pinterest and Snapchat.
Another great inescapable point is YouTube that makes marketing more accessible to this audience.
Putting efforts and focus on these networks to make your business grow is an effort that in time you will see pleasantly rewarded as more and more will continue to grow in influence!
● Go with the ECO Trend
More and more people are adopting a pro ecology lifestyle, a “green” style. And it is increasingly important to understand that for many consumers, the environmentally conscious lifestyle is not just a vegan diet and organic hygiene products. It goes beyond food, it also includes clothing, everyday items, it is a whole new lifestyle and therefore a new way of doing and dealing with business.
● Internet of Things - Artificial Intelligence (AI)
The Artificial Intelligence industry will continue to grow and will have a significant impact on the global economy for years to come. Even the smallest uses of AI and algorithms can improve the user experience in almost every industry. For example, Spotify uses Artificial Intelligence to make your listening experience more personal, creating personalized sessions for each user.
In the same way, AI is also transforming life at home with the so-called “internet of things” where each appliance and electronic device is connected to the internet, improving and facilitating the user experience.
Customer service, using machine learning to better respond to requests, these interactions are increasingly efficient. Through the smart use of technology, businesses and consumers, a true Win Win will be achieved.
● E-commerce will continue to dominate
In the next four years, ecommerce is expected to reach $ 5 trillion, causing many sellers to leave their physical stores for digital stores. This is an opportunity for many new entrepreneurs and staying out of this trend is like riding a horse while the competition uses a Tesla - don't be afraid to venture out!
● All-in-one digital platforms will continue to grow
As companies continue to search for ways to offer more services and options to their clients, the demands will continue to increase for ‘all-in-one’ platforms that can handle financial transactions, security and banking support. Both businesses and consumers appreciate the ability to achieve more than one goal with a particular vendor, and these all-encompassing systems continue to gain popularity.
Xi'an Echo International Import & Export Trade Co.,Ltd is a professional all-in-one platform that provides one-to-one foreign trade services, international warehousing & logistics agents, multinational project consulting and business negotiation travel arrangement.
