New Business Trends

The current economic slowdown has meant that seeking the conventional route to establish a strong business organization is much more difficult. With mainstream goods and products showing a decreasing rate of consumption, seeking an alternative route to achieve success is a viable option indeed. Following the recent trends in business has become a major subject of business management and business journalism and even small business organizations can benefit from keeping abreast with the latest business trend. With an eye out for future business invents, let us take a sneak peek into the latest business trends ruling the market.

1. Internet: – The current Internet industry draws large parallels with automobile industry at the beginning of the last century. While only a few automobile companies really went to do something big, most companies benefited from the growth at some point of time or the other. The Internet today no longer represents an academic repository or an entertainment avenue but a serious business platform where poetic rags to riches stories are still possible. The likes of Youtube, MySpace and Facebook are testimony to this fact and there is still an awful load of cash to be made for the World Wide Web. More and more corporations are tuning into advertising online and with Internet penetration growing by the year, establishing an online business corporation is the way to move ahead.

2. Youth Market: The rise of the Internet has also seen the youth market grow up in leaps and bounds. The power of generation Y cannot be underestimated in the modern world and big corporations like Pepsi and Coca Cola have benefited immensely from this avenue. With growing incomes and smaller liabilities, the teenage market represents a huge opportunity to establish a brand as exhibited by body building magazines and food products in recent years. The current automobile industry sees a lot of prospective buyers from the youth market and with this trend is only expected to move upwards in coming years.

3. Going Green: – With the rising concerns of global warming and environmental pollution, going green is an option to be considered by future investors. Recent surveys have found that nearly 71% Americans believe in the consequences of global warming and are ready to put in an effort to do something about it. The growing number of hybrids and alternate sources are a testimony to this fact. More and more organizations are looking for alternate sources to make up for rising fuel costs and simple business ideas like installing power saving devices for corporations are expected to be highly successful in the years to come.

These new trends will have a major say in deciding the direction of economic and money flow in the years to come. Investing in these avenues will indeed yield much dividends and a large market stake in the years to come.

Online Home Business is the Fastest Growing Small Business Trend in 2009

Without a doubt, online home businesses are the fastest growing trend in 2009. There are roughly 6.7 billion people living on the planet today according to the Internet World Stats: Usage and Population Statistics as of June 30th 2009 and of those 6.7 billion people, almost 25% of them are on the internet. Just incase your conversion abilities aren’t as good as they should be, no worries… That comes to about 1.69 billion people that are on the internet everyday.

So that’s great and all but maybe you don’t understand why the Internet is so powerful otherwise. What does the internet give you that the traditional marketplace doesn’t? Well, there are several other reasons that point in favor of using the World Wide Web as the platform for your business, and why having an online home business is the fastest growing small business trend in 2009.

Picture this. The Internet is a giant invisible magnet that is gradually attracting every man, woman and child to it. So what does this mean for you? Well, as a business person, business owner or entrepreneur the Internet represents a marketplace like no other that has ever existed. We are no longer limited to our “territories”, our communities, or the cities in which we reside. This is just the tip of the iceberg in what I call “The Power of the Internet. ” Online home business and internet marketing businesses are documented as one of the highest growth area in 2009 for small business trends.

The Internet has created an unlimited reach for online businesses small and large, and we now have the ability to literally take our ideas, our products and services all around the globe and connect with an audience that is 100% targeted and proven to convert. The research and data analysis that you can do for your online home business takes the guess work out of monetization. There are analytics tools that tell you about each step of the sales process and what changes need to be made to generate higher conversions and what markets to target. You now know exactly who to target, based on the market research and you can spend time fine tuning your internet marketing sales funnel. The statistics that you can look at for your internet marketing business absolutely give you insight that was never possible in offline marketing.

The “traditional” means of advertising can’t hold a candle to what is going on in the digital world. With social media marketing, web 2.0, and search marketing (to name a few), small business owners now have countless avenues to leverage in order to market a business, product or service. Gone are the days of putting your business in the yellow pages, putting ads in magazines and newspapers, or using direct mail just hoping a few people will “bite.” Really, what I find most fascinating about online home business is that the majority of the marketing strategies are free and it isn’t uncommon for the free strategies convert better than the paid strategies (depending on your industry). Either way, as an internet entrepreneur, you have the freedom to market to whomever you want, however you want. The possibilities are limitless and the data trends allow you to know exactly where to put your ads to drive the most amount of traffic to your business.

So, you can see that marketing online is not only going to allow you to sell to people who are looking for what you have to offer but you also get to save money on marketing and advertising by utilizing free strategies like social media marketing, but the fun doesn’t stop there.

Realize this, when you’re running your business from home you no longer have to worry about the headaches of a traditional brick and mortar business. You know what I’m talking about…rent, inventory, insurance, payroll, etc. this has all been eliminated.

Another point to consider. It used to be that when your doors opened you were making money and when your doors closed you weren’t. Makes sense. The only way to get paid is to have people coming into your store or have people calling you on your phone to make a purchase. Well, as we all know the internet is available 24/7 and is open to a global marketplace. You can make money while you sleep, when you’re out to dinner, while you’re on vacation…it never stops. By leveraging the internet for your business from home, you’re inevitably leveraging your time by utilizing the power of the Internet. And we all know the most precious commodity is our time, so why wouldn’t you want to work less and get paid more?

For me the icing on the cake is the mobility that an internet marketing business brings. What I mean is the only thing you will need to run your business is a laptop computer and a cell phone. Easy enough. What this does is it gives you the ability to run your business from home or anywhere you choose…literally. You can maintain a professional identity no matter where you are or what you’re doing because all of your business is done digitally. Even if you’re hanging out on the beaches of Mexico wearing nothing by a swim suit and a sombrero while you vacation with your wife and 3 kids, you can easily pick up your i-phone, return a few business emails and continue to run your business. Truly the possibilities are endless and the only real way to achieve true mobility in business is by having an internet based business. You really can run your business from home or anywhere you choose.

It almost seems like an unfair battle between “old school” traditional business versus having an internet based business. Whether this information comes as a surprise or just a confirmation about the direction the world is headed, just remember this. There is no qualification, resume that has to be submitted, no “gatekeeper” that decides who gets to run a business on the Internet. The only person who gets to decide that is YOU.

Online Business: 21st Century Business Trend

Online business is a psychological niche. The 21st century provides endless trading patterns and platforms. Basic barter trade of the medieval age has evolved into cyber trade. Introduction of Internet communication in the 1980′s started the rush for online business ideas that are relevant to anything and everything that is deemed a necessity by human beings.

The World Wide Web is an information provider, which is widely used by people from all parts of the world. Internet users are increasing rapidly, as modern business trends become sophisticated. If you are ignorant about the World Wide Web as a cash-earning tool, you have deprived yourself to benefit from THE business trend of the 21st century. Earning cash in the virtual world isn’t as difficult as you think. To begin with, it does not require a doctorate degree in Computer Science. Basically, all you need is a computer with good Internet access. Real fact is, besides business people, folks that are earning on the Internet are individuals who are students, the stay-at-home mom, senior citizens and the regular layman who seek ways to supplement regular monthly revenue.

Many users visit the Internet to buy basic necessities i.e. clothing, footwear, household products, baby food, kiddy toys, stationary, relevant educational materials. Social online communication becomes an essential way to chat with family and friends. As such, the Internet became a method to create wealth. It simply means trading takes place in virtual reality. All you have to is build a website that features a variation of items for sale.

Online business has low capital risk. Unlike non-online business venture, an online entrepreneur can simply walk away from any anticipated capital risk. Thus, avoiding financial downfall. Therefore, this seemingly risk-free factor has created infinite money-making avenues. Among it is affiliate marketing, which is a risk-free method. Simply by registering with an online merchant/supplier/advertiser, you have access to an enormous amount of products that has demand from at least one country. In a nutshell, revenue is credited to your online account when a buyer purchases a product from your site.

The following are examples of various ways to generate income online.

(1) Content writer
(2) internet surveys for companies
(3) business consultant
(4) language translator

In summary, the opportunities for every individual who wish to excel in making money online is simply enormous. All you require to venture into online business is a minimal investment for a computer or laptop and web hosting. Last but not least, time management, patience, diligence and lots of perseverance.

Online business, nowadays is a common practice that exist in every modern-day individual. As such, online business ideas are enormous. A new entrepreneur can simply emulate any proven model as effective guidelines.

Homepreneur – A New Age Business Trend

Many homeowners dream about transforming a room in their house into a space dedicated to doing something that they are passionate about, but how many actually think of it as a possible business? Do you have a skill that you consider more than just a hobby? If so, then it’s possible you can turn your passion into profit. Homepreneurs is an emerging trend that has the potential to accelerate over the next few decades. Fueled by social media technology such as the new smartphones and tablet PCs and aided by minimal initial investment costs, these potential moguls are realizing there’s no place like home.

The Small Business Success Index project is an excellent resource for understanding small business trends. According to the SBSI, there is an estimated 6.6 million home-based enterprises which are no longer viewed as less effective than the large corporations. This new age business trend is enabling individuals to create jobs for themselves all from the comfort of their homes.

This movement is heightened by the fact that: (1) many big businesses are cutting costs by downsizing; (2) the job search today is posing difficulties for everyone; (3) individuals who fear being laid off are creating a Plan B for themselves; (4) people want to escape the rat race and tap into their creative side and do something they really enjoy; or (5) people are searching to either supplement their income or replace their lost income.

What types of professional careers are suitable to work from home?

These individuals, for example, can be online retailers, seamstresses, day care providers, freelance writers or massage therapists. No matter who they are, there is one key common denominator and that is they work from their home or studio. Other home based professionals can do most of their work via email and telephone or who don’t necessarily need to interact with others in person to get their work done.

So, how does a person prepare themselves for this type of professional career change? The first step in preparing yourself is to make sure whatever you decide to do, you adopt these characteristics going forward:

  1. You are passionate about whatever it is that you will be doing; and
  2. You are a self-starter, motivated and independent;
  3. You must be dedicated, determined and disciplined to succeed in this role with limited or no supervision.

On average, most individuals who work from home, report higher incomes than their office counterparts because they are in control of their salary increases, not their employer. When your workload at home increases, it directly affects your income and you get paid more as opposed to your office counterpart, when their workload increases, they usually don’t see a pay increase.

Is it possible to make a decent living with your new-found professional career? Yes. However, work from home employment may sound easy to do, but it’s not simple in execution. If it was simple, everyone would be working from home. It takes the kind of discipline, dedication and commitment as a professional athlete or dancer.

Learning how to become a homepreneur comes with great benefits. You can support your families’ financial needs and satisfy your personal needs as an individual. You can always find something that fits your schedule and your lifestyle and spend more time with your family. Once you find the right fit, then you have found a work from home position you love and the rest of your life will be the one you’ve always dreamed of.