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Archive for February, 2010

Cash in on current trends

Consumer opinion and changing priorities result in trends that can lead to new business opportunities.

Scares and rumours can raise public concern about the way in which our food is produced or prepared. Customer attitudes constantly change: people are becoming more interested in naturally produced and organic food which can be traced back to the suppliers, ‘green goods’  and ‘low carbon footprint’ issues have changed the public attitude. Farmers’ markets are becoming ever more popular and offer a wide range of natural products.

Some people are also questioning the benefits of traditional medicine and are turning to complimentary therapies instead.

Business opportunities resulting from these trends could include: selling naturally produced or organic food; or offering complimentary medicine services, such as aromatherapy or homeopathy. 

Consumers’ tastes and needs also change regularly, these are influenced by many factors such as the media, current fashions, changing demographics and advertising. These changes in attitude can often lead to new business ideas and in recent years sushi  bars, lifestyle consultants and raw food cafés, to name just a few, have all provided new opportunities.

Keep up with these and other current consumer trends at www.trendwatching.com and see www.springwise.com for more inspiration.