Can you adapt to be relevant?
July 21, 2011
I’ve said it before and I’ll say it again: in order for your business to thrive, not just survive, you have to be relevant. In order to stay relevant in the competitive world of commerce, you must continually adapt to changes in the market and the consumer community as a whole. Technology is at the root of that adaptation.
As we have seen recently, there is a highly competitive world of smart phones – Apple being the leader. But others, like HTC, LG or Blackberry, are reinventing themselves to stay in the game. Technology is continually reshaping the way companies and consumers interact at a speed that moves more dramatically than the number of smart phone apps. It isn’t slowing down anytime soon nor is this phenomenon limited to one field or another.
The availability and accessibility of nearly everything at the speed of “now” is changing the way consumers think about commerce and the onus is on the business community to keep up.
Whether you’re a large or small business, non or for profit, we are all in the same boat. You have to be creative because what you did five years ago, or even two years ago, you must adapt to meet the current demands.
Generational gaps are nothing new in business – just look at the ads from different clothing companies and you’ll see right away who they are appealing to. But anyone – young and old – can adapt to our changing world of commerce. Ages 55-70 are the fastest demographic joining the Facebook revolution. Shouldn’t you and your business be there too?