Over the past few years, businesses have transformed their strategies and operations to deal with complex economic and social challenges. Since 2018, we have seen uncommon improvements around business models, sustainable processes, digital technologies, customer experience, etc., and the continuous need to achieve more success will only enhance these innovative responses.
To help achieve your business growth objectives in 2023, we have highlighted the key trends crucial to businesses across industries.
1. Durability and Sustainability
As the global economic challenges intensify, consumers are increasingly choosing products and services with longer service life, smooth and clean usage, friendly to the environment, consuming fewer resources, and produce no harmful wastes. The Global Sustainability Study 2021 reveals that in the past five years, 85% of people have changed their purchasing habits to become more sustainable.Â
In 2023, businesses can improve their market outlooks and enhance brand appeals by adapting their operations and products to become highly reliable, durable, and cost-effective in response to the market demands and deliver perfectly on the sustainability needs of consumers.
2. Customer Experience
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Consumers are battling inflation and reduced buying power due to the global economic crises, and this challenge will continue as the economic recession looms.Â
Also, the blend of phygital experience, merging physical and digital elements, is becoming more favored and very effective at delivering the right experience to customers across industries.
In 2023, fantastic customer experience will incorporate evolved phygital blend to enhance the experience and adapt to the change in consumersâ demands due to the ongoing economic challenges.
3. Flexible Working Conditions
There has recently been a significant shift in office work culture, with many workers demanding flexible and fulfilling work conditions. In the last three years, the number of people working from home has tripled, and the search volume for âremote jobsâ and âhybrid workâ has increased exponentially.Â
Many businesses find this challenging, with Microsoftâs Work Trend Index reports stating that only 12% of business leaders have complete confidence in the productivity of a hybrid employee.
In 2023, growth-oriented businesses must build a prosperous, progressive, and flexible workplace that fulfills the aspirations and desires of employees to retain their top talents and attract the best industry talents.
4. Automation and Digitization
Access to digital technologies worldwide continues to expand, and businesses are rapidly innovating and embracing automation. According to research by Sage, the operations of 80% of SMEs across all sectors now rely on digital tools.
There are boundless opportunities for businesses to explore with technological advancement in cloud computing, 5th generation mobile networks (5G), blockchain technology, artificial intelligence (AI), virtual reality (VR), and design systems.
In 2023, businesses should leverage digital technologies to achieve critical objectives, such as exploring better opportunities, improving product values, driving more efficient operations, enhancing service delivery, and increasing business sustainability.
5. Credits & Affordable Financing
The supply chain issues caused by the global shutdown and the war in Ukraine have dire consequences on industries across nations.
Experts have predicted a continuous global struggle with the ongoing economic stagflation. Consumers and businesses seek friendly models to finance their dreams and plans while limiting their exposure to expensive pricing and volatile markets.
In 2023, consumers will worry extensively about financing purchases, especially for high-end products. It has become imperative for businesses to build partnerships and develop products that help answer these financing questions and resolve major concerns for their consumers.
How can Arnergy support your growth?
- Provide sustainable, long-lasting, cost-effective, and clean operations.
- Deliver reliable 24/7 solar electricity to ace your customer experience goals.Â
- Supply noiseless and uninterrupted power to help achieve 100% productivity remotely.
- Power all sensitive gadgets, data centers, and automated systems with zero downtime.
- Offer you affordable and flexible financing options for solar acquisitions.
There are many opportunities and potentials to explore in your target market to gain a significant competitive edge, and keeping in touch with market trends and insights can help unravel these opportunities.
Look out for Arnergyâs weekly newsletter as we bring you regular updates and insights on energy reliability and business growth.
You can email [email protected], call 08002288888, or send a Whatsapp to 08092308888 today to learn more about Arnergy Solar Solutions and how they can deliver on your energy needs.
Questions? Speak to Our Experts
Our Renewable Energy Experts are always available to speak with you and share valuable insights and details regarding your requests, as well as guide you towards finding the right solar solutions that meet your energy needs and align with your budget.
