TopLine Business Acumen Series Digest: December 15th, 2020 edition
This week’s most engaging stories
TopLine’s Business Acumen Series features business trends and opportunities to help sales professionals prospect and engage clients. It’s updated several times daily within the TopLine sales intelligence system. This digest features some of the week’s top stories.
This digest includes TopLine-exclusive components, like Instant Positioning pieces. These infographics on category trends and market conditions, available 24/7 in the TopLine app, help with prospecting and positioning you as a thought leader to clients. If you’d like to learn more about how TopLine can advance every stage of your sales process, click here to learn more now.
COVID-19 Shifted Consumer Focus in 2020. So, What Will Americans Purchase in 2021?
Everything changed quickly after the onset of COVID-19. Consumers shifted to shopping online or using BOPIS services and turned their focus to different items, such as DIY and bread makers as they spent more of their time at home.
However, it appears, consumers have set their sights on purchasing specific items over the next year, according to a recent Brightpearl report.
Key items consumers plan to purchase over the next year:
- 37% Shoes
- 28% Mobile phone
- 26% Laptop
- 25% DIY
- 24% Video games
Are your local retailers staying top-of-mind, and promoting their latest deals on shoes, mobile phones, laptops, video games, and DIY?
Latest Resources from TopLine
TopLine is constantly updated with assets on emerging trends and opportunities. At any time, you can submit a request for new custom research, or download Instant Positioning pieces on current topics for use in direct outreach and on your socials. Some recent pieces follow; TopLine users can access them at any time. Not a TopLine user? Click here to learn how TopLine can help you close more sales.
Short-Term Rental Properties Could Help Bring Tourism Back to Cities
According to skift.com, the pandemic drove more travelers to the wide-open spaces of rural areas, beaches, and parks, but short term rental accommodations may help bring tourists back to cities. Rental companies like Sonder and Casai said they have been filling 75% or more of their rentals during the pandemic, but they’re seeing more long-term stays than before. During the summer, they saw a lot of remote workers who came to the cities to work and enjoy city amenities, and rental companies believe remote workers will continue traveling to new work locations after the pandemic is over.
How can you help spread the word for short-term rental companies to attract remote workers that may be looking for a change of scenery? Can you partner with tourism boards and short-term rental companies to lure potential travelers with offers of safer accommodations?
The Automotive Industry is Hopeful
Consumers’ willingness to try online car buying tools, embracing the online car purchasing process is a sign of hope for the automotive industry. According to a CarGurus study, pre-pandemic, only 35% of survey respondents said they were willing to purchase a vehicle on the internet. However, as of November, 60% are now open to buying online. [Instantly access TopLine’s “Why Radio? piece for auto dealers by clicking here.]
As more consumers become accustomed to using online car purchasing tools, are your local dealerships staying top-of-mind?
Schools That Offer Medical Programs Have an Opportunity to Boost Enrollment
While the number of enrollments at America’s colleges and universities has fallen during 2020, the COVID-19 pandemic has had an opposite effect on applications to medical school programs.
The Stanford University School of Medicine had 11,000 people apply for 90 seats in their program. Meanwhile, 12,024 students applied to the Boston University School of Medicine. Only 110 seats are available.
The visibility of medical professionals as they battle the pandemic appears to be spurring the 18% increase in medical school applications nationally when compared to last year. Some have likened the response to the increase in military enlistments after 9/11.
Are there schools in your area that can appeal to people who want to be part of the medical professions’ fight against infectious diseases and other life-threatening issues? Can you help those schools make such an appeal?