Changes in the biggest industries often measure societal development. After all, we live in cities and countries where economic power and affluence determine global influence, and those who have the most get to make the most vital decisions.
At the heart of it are individuals, people like you and me, the consumers, and the choices we make daily. With that in mind, lets us look at three important trends in the real estate, finance, and automotive industries.
Real Estate: Personalized Expert Services
There are different ways to clean a water drain. The most traditional one, one probably used by your parents or grandparents, is a plunger. If you don’t know what this word means, it is a small device consisting of a long wooden handle attached to a rubber cup. Another way to do it is to use unclogging liquid solutions like Gleam Sosa and other types of lyes.
While these and others will most likely do the trick, they are temporary fixes to issues that, over time, can become enormous problems. If you notice that the drain either on your kitchen sink or in your bathroom is backing up, there are bubbling or gurgling noises, or there is a strong odor coming from the inside, your best bet is to hire the services of a reputable high-pressure drain cleaner. It is a small price to pay not only for a job well done and peace of mind but also to prevent future headaches.
Like these, there are many other personalized services currently being provided to homeowners and commercial building landlords alike. They represent a shift in the industry, from a DIY, hands-on approach to an expert-based service yielding much better results.
Finance: Alternative Collection and Payment Systems
Aside from a quarterback, a running back, and a wide receiver, a tight end is one of the most important and prestigious positions to play in American football. His responsibility lies in not only opening a hole in the defense for the running back to run through but also protecting the quarterback in passing plays and catching passes. As such, he is highly paid, averaging close to ten million dollars per season.
But what does that have to do with the finance industry? A simple answer to this question is nothing, at least not until now. Yet, things are changing. In 2021, Kansas City Chiefs tight end Sean Culkin will be the first player in NFL history to receive the entirety of his salary in Bitcoin. Others have pledged to do the same.
Of course, there is a risk of getting your money in any other way that is not hard cash, especially in cryptocurrencies. As many of us may know, they are unstable and can experience excessive fluctuation in a short period. Still, Culkin’s is an example that demonstrates how people and businesses explore different options on the collection and payment of goods and services. Others include online payment firms like PayPal and Payoneer and payments through government bonds, mutual funds, and stock options.
Automotive: Conscious Luxury
Everything comes with a catch, or, so they say. A young, successful, handsome man cannot possibly be loyal as well. And if he is, he is a bit disorganized, always away on business, or a less than an average father. Thus, choosing the right partner, be it a man or a woman, is a balancing act, a matter of prioritizing what is important to you at the expense of something else.
The same often rings true in the automotive industry. If you want a vehicle that is cost-efficient and friendly to the environment, you will have to sacrifice design and interior comfort. On the other hand, if you are willing to pay for the brand, style, and envy of others, your car won’t be the most sustainable or affordable.
Enter the 2021 Tesla Model 3, the 2021 Porsche Taycan, or the BMW i8 Electric Hybrid. Aside from being visually stunning and exceptionally powerful, they are also either hybrid or 100 percent electric. As a result, you can enjoy the best of both worlds if that is what you so desire. You can have a car that will not be left behind by gas-guzzling Italian monsters like the Lamborghini Aventador or the Ferrari Testarossa but won’t deteriorate our natural ecosystems either.
Three important trends in three of the biggest industries are personalized, high-quality home services in real estate, alternative payment collection systems in finance, and luxury with a conscience in automotive. Besides making our lives more convenient, expeditious, and easier to manage, they also make them more fun, exciting, and enjoyable.