5 Emerging Business Trends You Should Know About

We all know that at the outset of the internet in this day and age most of what is happening in business these days involves new technology and the internet or an emerging new technology.

There is quite a huge difference and change in the way we use to do business before than now and the trend seems to be moving fast.

Big and small businesses have to keep abreast with the times and learn to adapt to these new trends and changes otherwise your business won’t survive.  You need to be up-to-date with these new trends they help your business improve and get you noticed by the market you are after.

You need to know which of these new trends works best for you. Each business has their own needs to best understand where you want to start you need to plan things in order for you to move forward.

Here are some of the emerging business trends that you should be acquainted.

 

Artificial Intelligence

This trend has been around for quite some time and has been used by big corporations to operate faster and diminish back office cost.  It has greatly helped them in monitoring sales input or transactions and customer data through the use of smartphones.

However, in most recent years it has been developed and is being used more often in a more personal aspect of the development of applications through everyone’s smartphone.

These applications are being used on a more personal scale such as monitoring your emails, appointments, and tasks for work, etc. All technology giants like Google, Microsoft, IBM and more are into artificial intelligence.

Some big businesses have incorporated artificial intelligence on their day to day operations like using automation in their sales or delivery department, marketing and more.

This is already a fact that is happening and for businesses using AI in their daily operations have so far had a positive response to it.  Some have had an increase in sales or deliveries with the use of this current technology.

 

Social Media

Let’s face it social media network have quite a big influence on our daily lives these days. It’s impossible to find someone who is not into social media.

This is the most current means of communication that everyone around the whole world is using.  Social media has been around for quite some time; however, it has drastically changed the way we used it and it is now integrated itself into our business.

So much so that almost all businesses have in one way or another have created a business account to reach their customer’s or build their own community through their businesses social media page.

We interact with our customers through a more personal level and engage them through our posts or promos or create an interactive game, quizzes. Customers have a chance to voice out their own opinion on matters that are happening around us. These things help create loyalty to our brands.

 

Social Learning

Social learning is the process in which a person observes others in learning new things.  This is fast getting into the mainstream. And it is widely used in social media sites. Social learning can be created through conferences, webinars, and summits.

This would create a social network and companies are thinking about investing in organic learning.  These methods of social learning have been effective and have created individuals that have eventually become writers and keynote speakers.

It has helped a lot of people who have become quite successful in their careers.

 

Interactive Experiences

This is one marketing scheme that creates a huge difference in terms of getting your brand loyalty among your followers with the use of social media.

With the use of tools such as quizzes, tools, contests, games, interactive infographics or other means of engaging your audience to interact with your brand and get them hooked on you.

It’s often incorporated into visual content rather than just text which actually bores your audience.  The more visually appealing and eye-catching it is the easier they get hooked and will stay with them for a time. Another factor to consider when doing this interactive experience is to add value to it.

Most successful companies that add value to it gets loyalty and more followers to your brand since they share the values that you have imparted. In recent studies show 91% of buyers prefer interactive and visual content to get the right call to action for any brand.

 

Cryptocurrencies

Blockchain currencies like Bitcoin or Ether are here to stay. Most small and big businesses refuse to be left behind so they are getting into cryptocurrencies. This is in a way a different way of processing transactions and records.

Like when social media started most of them did not believe its existence and how effective it would become for their businesses.

However, since its conception and how it has evolved and have made a huge impact on the marketing side of their businesses they have realized that they should be giving it fair attention for them to be competitive enough and not be left behind with the changing times.Which most of them are jumping to get into blockchain.

With all these current trends coming to fruition it is best to be prepared and learn to adapt to the changes.  It will help your businesses to survive and even be able to achieve more. Let’s face it these trends bring a big change in the economy and have greatly impacted everyone.

So, whether you have a small or big business it is time to accept these changes and incorporate them into your day to day operation who knows it might even be beneficial to you.

If you find it quite daunting to understand how everything works and how it will fit your business, you can tap an agency such as; omegaseo.co that are experienced in these new technology trends.  Feel free to ask them which trends that would be beneficial to your kind of business.

Author: Eddy

Eddy is the editorial columnist in Business Fundas, and oversees partner relationships. He posts articles by others on various topics related to strategy, marketing, supply chain, technology management, social media, e-business, finance, economics and operations management. The articles posted are copyrighted under a Creative Commons unported license 4.0. To contact him, please direct your emails to editor.webposts@gmail.com