Christmas and New Year are holidays that are celebrated all over the world. People use this season to take a vacation, spend time with their loved ones, travel, and generally have fun. While most people want to relax and have fun, some see this period as a great opportunity to earn money and start their own small seasonal business. Many services and products...
The global fast food market size was US$862.05 billion in 2020. The market is projected to grow from US$972.74 billion in 2021 to US$1467.04 billion by 2028 at a CAGR of 6.05% during 2021-2028. The global impact of COVID-19 has had a negative impact on demand in all regions. However, the end of the pandemic has created conditions for...
Despite their superficial differences, the business models of leading technology companies rest on the same shaky foundations.
Pets bring their owners a lot of joy and positive emotions. However, having a pet in the family can be associated with certain difficulties and stress. The need to solve these problems determines the dynamics of the development of the market for goods and services for animals and brings with it new opportunities for creating innovative products and services. Many companies are striving to occupy profitable niches in this market.
Farmers would test the quality of their soil by burying a pair of pants in the ground. The idea was that the healthier the microorganisms in the soil, the bacteria and fungi, the faster the fabric would be eaten. If you buried your pants today, you'd probably find them in pristine condition a year from now. The reason your pants wouldn't be damaged is because there would be no one to...
The image of a successful American family with children has become ingrained as an ideal thanks to relentless marketing and Hollywood glamorization. The picture usually revolves around a beautiful home. But of course there is also a lavish but balanced family meal and lifestyle with vacations, birthdays, family visits, soccer teams, music lessons... the list goes on and on and on.
]You can try to predict the future, or you can create it. What technologies could change the game over the next 10 to 20 years? Some, like brain-computer interfaces and cellular coding, could lead to entirely new treatments for diseases. Personal data management and decentralized commerce aim to put power back in the hands of consumers and sellers, while AI auditing systems and authentication...
Hair, makeup, and skincare: for billions of people around the world, beauty products and services are an important part of how they look for themselves and others. The beauty industry’s slogans “Because you’re worth it!” and “Making life more beautiful” promise to improve not only people’s appearance, but also their lives. As in many other industries, the pandemic has changed...
The fashion industry has always been at the forefront of innovation, starting with the invention of the loom, the sewing machine, and the rise of e-commerce. Technology is changing the rules of the game for everyone involved: designers, manufacturers, retailers, stylists and, of course, consumers. Cutting-edge technologies such as blockchain and virtual reality have many applications in the old-fashioned world of fashion, allowing production and distribution methods to evolve as quickly as...
Across industries from entertainment to manufacturing, the COVID-19 pandemic has forced companies to use new technologies to rethink nearly every aspect of their operations. The world has faced a crisis that has acted as a catalyst for development and accelerated the pace of many technological transformations. In some cases, it has accelerated existing trends, such as industrial automation and contactless payments. In others, such as virtual reality, 3D printing, and...
Why do you buy Coke and not Pepsi? Why would you be willing to spend $80 on a pair of a certain brand of sneakers? The answer lies in the term competitive advantage. Competitive advantage is a set of unique characteristics of a company and its products that are perceived by the target market as significant and superior to competitors. This is the reason for brand loyalty and the reason why you prefer one or another...
Consumers, in the face of longer life expectancies, rising rates of chronic disease, stress and poor environments, are rethinking how they view factors, products and services that improve their quality of life. Among the nine sectors of the wellness economy, three represent the critical, interconnected environments in which we live: residential and real estate wellness, workplace wellness, and wellness tourism. The remaining six sectors...