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
The online experience remains patchy. Out-of-stocks are the main challenge, hitting one shopper in four. Here's how grocers can maintain digital momentum amid COVI-19. -from Bain & Company
Highlights from our annual M&A report look at how Covid-19 altered the landscape for future deals. -from Bain & Company
Despite these differences, many consumer preferences, at least according to search volume, appear strikingly similar on global levels. As many of these multinational brands continue to gain even greater market share, the implications for the global consumer will be interesting to watch in the next year, or even decade. -from VisualCapitalist
The study found that a third of Americans are not comfortable getting vaccinated and that sixty-one percent of Americans would cut back on spending if a national lockdown were enforced. -from FirstInsight
From the growing impact of social commerce to the very latest social media marketing strategies, we’ll go deep into the ten social media trends every marketer should know in 2021. -from Oberlo
Innovation can be instrumental to the success of economies, at macro and micro scales. While investment provides powerful fuel for innovation—the relationship isn’t always straightforward. The 2020 ranking from the World Intellectual Property Organization (WIPO) reveals just that. -from VisualCapitalist
Intelligence Node conducted a consumer survey, polling over 1000 US shoppers, to analyze the future trends, long term changes, and consumer expectations in the year 2021.
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