Question

In: Economics

Find an industry and describe a new trend (or trends) in this industry? How does the...

Find an industry and describe a new trend (or trends) in this industry? How does the new trend relate to the development of new operations processes, regardless of whether it is the result of IT? How did the new operations shift its competitive focus?

Solutions

Expert Solution

It is seen that the world of communications and technology is constantly evolving and the use of technology in communications will always play an important role.One industry is Forbes communication council.Major upcoming trends are many but mention may be made of the Ads used to promote industry changes and amalgamation of brand and performance marketing.

This new trend relate to the development of new operations process . Ads are used to introduce the industry under new administration.This year it is expected that an important loan option will expire and so the big banks and mortgage brokers will have to introduce this in their advertising campaigns.Again brand marketers will have to show major impact from their campaigns and performance marketers will have to attract new customers.

Such industrial brands will take the focus from competitors who depend on traditional marketing.Preparing content which are relevant and publishing in the company's owned media will help develop profitable business in this age of information and technology.


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