Posts Tagged ‘trend’

Current Trends in Business Communication

Friday, April 22nd, 2011

Anyone who has owned or worked for a business knows that the continual advancement of technology goes hand in hand with the advancement of business communication. In the last ten years alone, the tremendous technological advancements that have taken place in communication have changed they way we do business so drastically that we view the communication trends of pre-2000 as ‘vintage’. So in a conversation about current trends, be aware that in a few days they will be old trends.

Cloud computing is the latest trend to hit business communication. The most simple way to describe cloud computing is by comparing it to an electricity grid. A ‘cloud’ of shared servers provides resources such as software and data to a host of other computers – all on demand. In reality cloud computing is the natural evolution of the web-based world of communication. It takes the management of the technological infrastructure out of the hands of the IT professionals, who can now focus on their areas of expertise such as development. The use of cloud computing from a business communication standpoint brings in the discussion of finance. Small to medium size businesses no longer have need to purchase, set up and maintain their own server. Capital expenditure budgets are reduced, possibly entailing a conversion of those dollars to the operations expenditure side of the ledger. Another huge benefit to cloud computing in business is how it lowers the barriers of entry into the market. New businesses can simply supply themselves with the appropriate equipment to manufacture their product, a computer and an internet connection, and be ready to communicate to their customers.

The book reader is one of the latest trends to appear on the business communication horizon, but it is not clear if purveyors of commerce have fully appreciated its potential. The book reader has the ability to scan printed material, recognize the characters and using text-to-speech software, play it on the user’s computer or mobile audio player. In other words, you could listen to this article on your iPod. Most business people receive their email on their phone and check, now large volume documents, contracts, training manuals and other printed matter could be downloaded to any device. The affect on business communication is potentially quite significant, but the software is not widely tested or used as yet.

Social media networking has officially crossed over from only being used socially to an important and viable method of customer relationship management (CRM). Using tools like Facebook, blogs, public forums and wiki sites, business can better know how to attract and keep their customers. CRM begins with acquiring new customers through contact management, sales and customer satisfaction. Enhancing CRM occurs through excellent business communication and the use of customer service tools such as product experts and ease of purchasing. Retaining customers occurs through loyalty and reward. CRM software or databases can notify the business owner of long term clients and create the ability to recognize them through promotional measures.

Streamlining every phase of business communication will always be a trend in business. Making it easier for your client to send and receive materials or communication from you is increasingly important. Many companies are choosing to create interactive websites whereby the client can attain a report, invoice or product information whenever they feel the need. This creates a whole new level of service quality, as well as opening up the field of business communication. No longer does the client have to wait for 9 am Monday morning.

PowerPoint presentations have been around for over a decade, but they are still a valuable audiovisual tool in business communication. Dynamic presentations aimed at teaching the client about the product or service are full of impact and have a much clearer result than a one-dimensional oral presentation. Even telephones are being used in a more purposeful way in business communication, and not always for talking. Email, text messaging and internet are readily available and highly useful tools for any business person. Plus book readers (as previously mentioned) will soon allow business related documents to be read on a cell phone.

Technology will continue to advance and new communication devices will emerge. The trick to successful business communication is in keeping up with trends and learning how they can make your business better.

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Article Source:

http://EzineArticles.com/?expert=Chris_Haycox

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Starting a Business: Spa Business Trends

Thursday, March 17th, 2011

If you want to start a winning business, make sure that it is in a field that interests you, and that you enjoy the work. Just as important, you want to take a look at industry trends to see how you can best position your business for success.

In short, trends generally form to meet the needs of the market. The more you can satisfy your customers, the more success you are likely to have. Therefore, understanding and acting on current trends in the spa industry can greatly affect your salons’ profits.

While you don’t usually want to start a business around a short-term fad, incorporating current spa business trends into your operating strategy can help put your company at the leading edge of your competitors. You can also make changes to your spa business plan to make it more profitable. As a business owner, you can adjust and revise your business strategy as the market changes and new spa trends emerge.

Here are some trends going on in the spa business right now:

Lower-Cost Services

Spas are no longer limited to only the wealthy. Now people on a budget can get an hour-long spa treatment and spend as little as $50. In fact, in the current economy, lower-cost spas fared better than those exclusively offering higher-priced services.

In addition to full-body massages, more spas are offering treatments that cost less, but are still profitable. Some of the trends we are seeing include hot stone massage, scalp massage and reflexology. Also, shorter appointments require less labor and resources, but still provide relaxation for the customer.

Another benefit to these lower cost spa packages offer is that they require less time. A customer may want a relaxing spa treatment, but may not have all afternoon to spare. In this circumstance, time is the issue rather than cost. Nonetheless, this new trend is providing a needed solution for consumers.

More Amenities

These days, consumers can choose from a wide variety of spa treatments. Services are no longer limited to just a facial or body massage. Now spas offer hand massages, meditation space, reflexology, body wraps, scrubs, aroma therapy, hot stone massages, anti-aging hand and foot treatment and more.

By following this trend, spas can provide specific solutions to their customers’ needs. Businesses do not need to offer all services, or even many. Some spas focus on just one type of service and specialize in that.

Focus on Health and Wellness

As a large portion of the population ages, medical spas and salons that offer anti-aging services are becoming more popular. Medical spas can offer laser treatment, microdermabrasion, laser hair reduction, acne resurfacing, skin tightening, infrared saunas, Botox treatments and even acupuncture.

This trend focuses on a growing market, which means that the services and business opportunities in this area are likely to increase as well. At the same time, more people are recognizing that spas not only offer relaxation but healing benefits as well. Spas offering both relaxation and healing benefits in a single amenity instantly increase the value of that service.

For more resources, instructions and tips on how to start a spa business, visit Home Business Center, Inc.

Article Source:

http://EzineArticles.com/?expert=Sue_Barrett

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New Business Start Up Ideas – 3 Quick Ways to Find and Exploit Profitable Consumer Trends

Thursday, August 26th, 2010

If you are looking for new business start up ideas and are running short on inspiration a great brainstorming technique is to research emerging consumer trends. In the (bad) old days this involved reading extensive market research reports which were often produced infrequently and expensive to purchase. Whilst this kind of research is still very useful, the power of the internet has now given entrepreneurs alternative possibilities for researching profitable consumer trends.

Here are 3 top ways of tracking consumer trends for free:-

1. Consumer Trend Websites. Simply search the web for “consumer trends” to find these. There are many useful resources here including syndicated market research reports (e.g., trendwatching.com) and other sites which collect innovative new business ideas from around the world using people “spotters” who submit news on trends and new business launches as they see them (e.g., springwise.com).

2) Google Insights. Consumer trends will generally be represented by increased search volume on related terms in search engines. The free Google Insights tool (again search on this term to find the site itself) is incredibly useful in this respect. Simply enter the phrase into the text box at the top and click search. You’ll immediately be presented with a chart which will indicate whether there is rising or falling interest in your chosen topic as well as predictions for how the trend will develop in the future! It is also very useful to note if there are any seasonal trends occurring (type in “Christmas” to see a great example of this!). Also, pay attention to the “Rising searches” which are displayed at the bottom right of the page which are also helpful in indicating profitable new business opportunities going forward. You can even select the specific geographical region (e.g., United States), sub-region (e.g., Utah) and metro area (e.g., Salt Lake City) to check if people are becoming increasingly interested in a particular topic or trend where you live! As an example to get used to the system, why not find out if people in your local area are becoming more or less interested in “dog walking services”?

3) Twitter. This is useful for much shorter consumer trends but still invaluable if you are struggling (say) for a timely and relevant subject to write about on your business website’s blog. The “Trending” tool allows you to see the most talked about topics in your local area. In addition, the search facility on the main Twitter homepage will let you discover exactly what people are saying on a chosen topic. Try adding a “?” in your search to find users which are tweeting questions.

Naturally this just scratches the surface but these 3 techniques are nevertheless a great place to start for generating profitable new business ideas for which there is increasing consumer demand.

Robin J Johnson is a startup entrepreneur. Check out Robin’s free resources on Business Ideas and Business Startups at Business Virgin Online.

Article Source:

http://EzineArticles.com/?expert=Robin_L_Johnson

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