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The Business Guide to Staying Trendy

Posted On : Jan-11-2010 | seen (452) times | Article Word Count : 421 |

In any competitive business market it’s important to be up-to-date with trends. Trends vary in different markets but can be categorized as two different types: short term trends and long term trends. Short term trends like fashion trends can be quarterly or annual but typically have a very short lifespan.
In any competitive business market it’s important to be up-to-date with trends. Trends vary in different markets but can be categorized as two different types: short term trends and long term trends. Short term trends like fashion trends can be quarterly or annual but typically have a very short lifespan. Long term trends can last several years or even entire generations. Short term trends vary wildly in different markets and can be observed in industry-specific news reporting or industry gatherings. Long term trends are determined by a company’s target demographic and various industry factors. Here are some quality trends that exist in every consumer-based industry and can help businesses stay on top of customer demands.

The High-Tech Trend – The high-tech trend is a long term trend that has sporadically appeared throughout the last 50 years but is recently very strong. The last decade provided more technological advances than any prior decade or era. There was a cell phone popularity explosion, advances in high-speed internet, reduction in size for tech items, gaming systems boom and establishment of web-based mega-companies like Google, Facebook and YouTube. Having high-tech products is a must, whether that means increasing the amount of features a product has to make it versatile or changing product designs to be sleek and have a high-tech appearance; finding ways to offer customers high-tech options is a great way to boost business.

Low-Cost Trend – The low-cost trend is a short term trend. It seems strange to think of it as a trend because customers always want low prices, but in these recessionary times they don’t just want low-cost products – they need them. Keeping products low-priced is a formula companies have been using to survive these economically tough times. The recessionary times is a great test for companies to see how low their prices can go, but with great reward because when the recession ends the companies that made is through successfully will have a huge head start in a newer better economy.

Eco-Friendly Trend – This is a recent but long-term trend that emphasizes not only environmentally friendly products but practices as well. “Green Companies” are having great success in various markets by producing eco-friendly products in an environmentally friendly way. Many companies have had success combining the eco-friendly trend and low-cost trend by selling recyclable products. Certain markets have really suffered by ignoring these trends like companies that sell low mileage cars and other environmentally hazardous products.

Article Source : http://www.articleseen.com/Article_The Business Guide to Staying Trendy_8556.aspx

Author Resource :
Amin is the author of Discountmugs.com. If you would like more information about eco-friendly products and selling recyclable products please visit www.discountmugs.com. For more information on this topic go to www.discountmugs.com.

Keywords : eco-friendly products, selling recyclable products,

Category : Business : Marketing

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