| This Year, Chances To Innovate Are Yours For The Taking |
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| Written by Cheryl Perkins | |
| Wednesday, 07 January 2009 | |
It's no surprise that some of the most innovative products we’ll hear about in the next year will be driven by three major growing trends: our current worldwide economic crisis, health and aging issues and the demand for everything green.Businesses would do well to not only immerse themselves in the study of these trends but to also add in the human factor: Where are people going to get the most value from solutions? Economic blues: We know that consumers are no longer trading up when making their buying decisions, but there are plenty of business opportunities for companies who know the new trends and utilize collaboration. Social networking and "grass roots" advertising will take the place of costly advertising, and more business travelers will forgo air travel for virtual meetings. I'm also seeing corporations continue to outsource their payroll, IT and human resources in a move to bring their headcount down.
Boomer influence: The celebrity influence in television, movies and magazines make it seem like our society is solely focused on the trends of the young. But did you know that America's 76 million baby boomers (Those who are now mid-40s to mid-60s) have an annual spending power of $2 trillion? This group continues to exert a huge influence over worldwide cultures and industries. |
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| Last Updated ( Wednesday, 07 January 2009 ) |
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It's no surprise that some of the most innovative products we’ll hear about in the next year will be driven by three major growing trends: our current worldwide economic crisis, health and aging issues and the demand for everything green.
