New payment technologies, consumer interests and business needs will shape 2016 into an interesting year. Here are ten trends you as a business owner should take full advantage of and adopt them.
2. New payment technologies, consumer interests and business
needs will shape 2016 into an interesting year. Here are ten
trends you as a business owner should take full advantage of
and adopt them.
3. Millennials: 86 percent of millennials are willing to provide insight
on their consumer habits and decision-making processes, often
through the use of online surveys.
4. Business Intelligence:New self-service tools prove that business
intelligence is no rocket science but rather a useful tool to help
turning data into informed decisions.
5. 58 percent of consumers say they are
willing to add items to their virtual
shopping carts to meet the free-shipping
threshold.
6. If you want to consolidate your presence in your
customersâ minds and make them stay with you, you
must respond to or even forecast their needs.
Click to create online surveys.
7. Web Presence: 97 percent of Internet
users conduct online research on local
products and services before committing
to a purchase.
8. Cloud Storage: Small businesses will be able to
reduce overhead by cutting their IT payroll and
hardware expenses.
9. EMV PAYMENT SECURITY: The national migration to
EMV(Europay, MasterCard and Visa) payment
standards ( microchip debit and credit cards) is
virtually guaranteed to safeguard small businesses and
their customers against fraud over the next year.
11. Selling Via Social Media: Consumer adoption
rate for buy buttons is forecasted to be high
and will have a huge impact on 2016 sales.
12. Online Lending: In US online lenders have grown 175 percent a
year, as business owners create demand for a more
personalized and flexible approach to finance.