- September 18, 2017
- Posted by: Wevio
- Category: Market Research & Analysis
10 Future Trending Businesses
You are in the right place if you are thinking of starting a new business or modify your old one. In this article, I will list out 10 future trending businesses that will drive the market. Everyone wants to inculcate the latest trends in their business as that has even become a necessity now. Change is the only thing constant in this world and if you deny that you would be left behind. Everyone needs to know what are the current market trends that will drive the future growth and thus we have come up with a list. Let me cut to the chase and start with the list.
#10 Condensed Broadcast
People today are interested in the content that is relevant. People do not want to read all the excessive content which of no use to them. Thus, the people are only interested in learning the news-worth content. People will not go for the apps which have too much of information. The content consuming is changing rapidly and people need to consider changing their approach.
#9 Preferential Pop-up
Companies have witnessed a conversion rate of $7 for every $1 spent. The people who are influential are helping these companies sell their products. These influential people could be YouTubers or Celebrities. They might air the ads on TV or YouTube or any other channel but as far as companies make money these people won’t run out of business.
#8 Detoxifying Libation
A product which is helping people to drink some of the drinks they would not otherwise. People are adding two drops of detoxifying libation to make their sugary unhealthy drink healthy. This has made a commendable market in a very short time and is growing at a very fast pace. People are getting to enjoy the drinks they otherwise couldn’t with this product. Thus, this business is going to rage at a ver faster pace in coming times.
#7 Boomer Peer to Peer
People are not the same as they were and they are changing faster than ever. Even the old aged people are becoming tech-savvy and socializing using this app and website. It is a growing trend for the old-aged people. Having more socializing apps and making them more user-friendly will drive growth in your existing business.
#6 Prosumer Tourism
Enthusiasts, professionals, designers, travelers, and others have developed a taste of traveling. They travel in the leisure and they travel as their work to have new experiences. People share their experiences in the blogs and on YouTube to make money out of it. It is an opportunity for the hotels to provide destination services.
#5 Extreme Wellness
Extreme adventures are taking a new shape now and people are willing to participating to test their fitness. Volcano boarding, extreme color hiking and so are becoming popular and people are trying these for testing their potential. Each of these providing challenges for mind, body, and soul. This business is growing at a very faster pace as people are willing to take such challenges.
#4 Culinary Laboratory
Synthetic to your cocktails, printed food, aesthetically designed eateries etc. are taking away the traditional methods of preparing food. This is a way for people to learn, experience and entertaining themselves. Trends of this business are growing and will bring changes in the culinary business. Culinary laboratories are bringing innovative products and the researchers are consistently contributing.
#3 Quantified Self-care
Everyone likes to talk about themselves so, why not take it to a new level? There are skin analysis apps, activity trackers, and emotion monitoring wearables. These things can help them to learn more about themselves. People are very conscious about their health and they are ready to spend to take precautions. This is a business which is going to rage in the market and is already raging.
#2 Big Data Concierge
Big Data is important from health apps to travel apps and Big Data concierge makes it easy to keep a track of it. Concierge services are taking over the traditional services and giving much more efficiency. Where companies spend thousands of dollars on cloud computing people are spending a good deal on concierge services.
#1 Retail Kinship
A new concept where the people go to a retail store where they find people who think like them. These stores bring up people together by creating cultural brands, communal retail shop, in-store workshop and cult branding experience. This is leading to a new experience for people.
So, above is a countdown of future trending businesses that are growing and will grow in future. You can use these trends according to your industry and reap the benefits of reading this article here. Your busienss can adopt these changes for good.