Matz Analytics reposted this
Recently saw that searches for ‘red light therapy device’ have increased 450% over the past five years. Consumer preferences are changing, and here are my thoughts: Did I make this post to tell you to sell ‘red light therapy devices’? No… But here’s why this example is useful: 👉Spotting a relevant trend or change can help influence strategy for your business/product. When you spot a trend, there’s value in understanding how it impacts three key areas: ➡ Your customers: What are they prioritizing or searching for? ➡ Your industry: Are competitors responding? Are there opportunities? ➡ Your strategy: How can you turn this info into measurable results? Keeping an eye on trends can give you a sneak peek at what’s happening and what’s coming next. And, if it’s good data, you can use it to make smarter moves for your business/product. 👉 What happens if you work in a niche market where data isn’t so easy to find? Sometimes you need to dig deeper—on your own or with a partner like Matz Analytics—to uncover the hard-to-find data that makes a difference. When you can use data to make decisions, you can double down… …and win. (via Exploding Topics) 👉 P.s. What trends have you noticed in your industry?