2021 looks rosy, particularly for consumer brands well positioned via both on- and offline channels. Pre-pandemic, ecommerce was associated with convenience; in 2020, ecommerce also equaled safety. - From Stella Rising
Here are a few facts, figures and trends, gathered across the web, that can help us understand where the IoT world is at, how it’s been impacted by the pandemics, and what to expect over the next few years. -from Saft Batteries
Online boomed during the pandemic – and this shows no sign of changing. But, as physical stores reopen their doors and consumers go shopping, what are the main threats and opportunities for retailers looking to seal their supremacy? – From Racounter
Which are the richest countries in the world, by nominal GDP per capita? This map looks at the top 25 countries by this metric. They’re located across North America, Europe, Asia, and Oceania. Notably, no South American or African countries make the list. -from VisualCapitalist
It is known that half of all new businesses in the U.S. fail within the first five years. Venture capital and angel investment database CB Insights recently studied 101 startup post-mortems to discover the most common reasons new businesses fail, straight from the founders themselves.
In order to predict what the future can bring; it is important to take a look back at history. According to a survey by Pew Research, some important events have reshaped the way generations think.
Switzerland: First in Knowledge Creation, second in Global Brand Value. USA: First in Entertainment and Media, Computer Software Spending, Intellectual Property Receipts. China: First in Patents Registered. Vietnam: Second in High-Technology Net Exports. India: First in Information and Communication Technology Services Exports. -from VisualCapitalist
72% of executives say that culture is key to performance, but only 32% believe their company culture is aligned with its business strategies. Focusing on cultural transformation can bring big rewards. After 5 years of focusing on company culture, you can see an 85% net profit increase. -from Business 2 Community
1/3 have thought about what they want out of life. Half are more grateful for what they have. 42% unlikely to travel internationally. -from business.pureprofile.com
To manage fierce competition, companies can boost their bargaining power if they: differentiate their offerings; reflect in-demand consumer trends; invest in e-commerce for omnichannel agility. -from lisagoller.com
Over $567 billion has been amassed by the 10 richest people in the world in less than a year. To put that into perspective, that’s more than sevenfold the wealth accumulated by the top 10 in the time period prior. As just one example, Elon Musk witnessed his wealth increase at least 500% in the last year. Meanwhile, Amazon’s Jeff Bezos, has earned a cool extra $68.6 billion.
“The times,” someone once said, “they are a-changing” – and nowhere is this truer than with technology. From Futurism, here is a speculative peek around the corner, to glimpse just a few of the many marvelous things to come.
74% say COVID-19 has impacted their shopping journey. 42% expect these changes to be permanent. Millennials are most likely to spend on clothing, accessories, and technology for leisure. -from Twice
Do you enjoy the finer things in life? For many of the world’s wealthy individuals, acquiring luxury goods such as art, fine wine, and watches is a passion. Which do you enjoy? -from VisualCapitalist
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