The Small Business School Podcast

Business Builders (Pt:10) Identifying Industry Trends That Matter

Staci Millard Episode 282

In this episode of Small Business School, we dive into the important topic of recognizing industry trends and staying relevant in a constantly shifting market. I share my own struggles with this process and offer practical advice on how to spot meaningful changes without feeling overwhelmed. 

Key topics covered:

  • Understand Consumer Behavior: Stay aware of changing buying patterns — what customers wanted last year may not be what they want now.
  • Embrace Technology & Automation: Don't let fear stop you from using tools that improve efficiency — smart tech adoption can give you a competitive edge.
  • Watch for Market Shifts: Keep an eye on competitors and industry disruptors that could signal major changes ahead.
  • Use Data, Not Hype: Focus on proven trends rather than chasing every shiny object.
  • Test Before Going All In: Try small experiments or gather customer feedback before committing to big changes.

Challenge:

Schedule one hour this week to research trends in your industry, connect with your customers, and identify one insight that could impact your business. Staying informed keeps you in control — so don't wait until you're forced to react.

Tune in to learn how to be proactive and make informed decisions that keep your business moving forward.

Staci's Links:
Instagram. Website.

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Head over to my website https://www.stacimillard.com/ to grab your FREE copy of my Profit Playbook and receive 30 innovative ways you can add more profit to your business AND the first step towards implementing these ideas in your business!

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