2019 has officially kicked off and it’s never too early to start learning about the trends that will be shaping the industry this year! From companies learning from their past mistakes and customers wanting more freedom to view their data, several businesses are adapting to have a successful year in 2019.
For starters, the growing practice of organizing a company with a relevant cause or social goods program creates a win-win situation. Many consumers are willing to pay more for products and services that are committed to creating a positive social and environmental impact!
Additionally, subscription services will continue to thrive as food, beauty, apparel, and lifestyle subscription boxes are current necessities for many!
Next, there are many companies that tend to store data that some customers may not be aware of until it’s too late. Government agencies have begun passing laws to regulate the way businesses use and sell consumer data.
Moreover, consumers tend to choose companies that offer personalized experiences!
Lastly, there comes a time when certain small businesses seek loans to help scale and grow their company, but many small business loan applications tend to be rejected.