Is your business riding the trend or fad wave?

Business

Wow, lots of businesses out there. How do you know which one is the right one? One way is to know the difference between a trend and a fad. A trend reflects consumer values and needs and displays a long-term, gradual, and consistent growth. A fad explodes in popularity and fizzles out just as quickly because there is no lasting need or value to consumers. Does your product reflect the priorities and concerns of consumers? If it does, you are on the right wave. A few hot trends today include anything eco-friendly, anything organic or natural, personal development, giving to charity rather than buying gifts, wellness, and social networks. Check out Oprah's website for trends. Anything Oprah is talks about is for good reason.

Is your business riding the trend or fad wave?

Impulse Patterns in depth

The major trend in every time frame takes the form of five waves (impulse wave) which, once complete, are corrected by three waves. The following is a bull market description: Wave One (1) is up and Wave Two (2) is down correcting W.1. When W.2 is finished, W.3 again moves upward followed by a d...

MARKET TREND

Take advantage of "Large, Enduring Trends" A "Market Trend" is really an economic movement, meaning that large masses of people's spending habits are moving in a uniform direction. History shows that those who identify these trends early, and are able to meet the needs of these trends, are...

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