What are some small business trends in 2024?
Ghulam Abbas
21 replies
Replies
Kabir@shownotes
1. Labor cost reduction
2. Tech innovation
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@shownotes Kabir curious about what specifically within labor cost reduction you're thinking? Do you mean automated equipment or B2B AI software? Lmk!
@yukioyama Yuki, most small businesses I know are in California. They face rising labor costs and a shortage of willing labor, as most people have difficulty living in the same town where they have to work. They are looking at automation, but small businesses (under $5-10M) need a decent budget for building custom automation. So, SaaS and automation hardware startups can help solve small business problems in the next few years.
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@terrence_kelleman sick domain name :P very niche market ;)
Technological innovation is a trend, particularly with the adoption of AI and automation. There's also a push toward digital expansion, adopting fintech solutions, and investing in digital marketing and sales strategies.
1. SaaS with AI
2. PaaS with AI
@devoresyah what is PaaS?
Experience driven platforms.... Enlight customers
AI tools.
Not a trend yet, but it could soon become one!
The go to tool for small business owners for making brand specific social media posters in just a click - https://www.producthunt.com/post...
In 2024, small businesses are increasingly leveraging AI and machine learning to personalize customer experiences and streamline operations. Additionally, there's a growing trend towards sustainability, with many focusing on eco-friendly practices and products to meet consumer demand.
Digital product and services.
BTW I saw plenty of answers regards AI, this can't be small business. This niche require decent investments.
Tech innovations
In 2024, the moving industry continues to evolve with a focus on sustainability and technological advancements. At our moving company, we're integrating eco-friendly practices into our operations, from utilizing electric or hybrid vehicles to implementing efficient packing materials and recycling initiatives. Additionally, we're embracing technology to streamline the moving process for our customers, offering online booking platforms as; https://movingcompanyfrisco.com/
The virtual consultations, and real-time tracking of shipments. By staying ahead of these trends, we're committed to providing our clients with not only exceptional service but also a greener and more convenient moving experience.
Trying to automate operational tasks as much as possible to save more time.