A Prophet Offers Eloquent Advice for Survival, January 19,
2001
Reviewer: A reader from New York, NY USA
C. Britt Beemer has been a guru in the retail sector for many years
now, and his new book is full of information about the trends that
are changing the retail landscape in America. To follow these trends,
the authors contend, is vital to business growth and survival. Calling
upon his extensive research background, Beemer names the trends
and then provides the necessary steps to take advantage of these
changes. Some highlights of the 15 trends include a lack of discretionary
time, which means consumers have less time to shop. This lack of
time leads to another trend--consumers have placed a premium on
brand name products. Dual-income families are becoming single-income
families, thus providing opportunities for telecommuting, part-time
work, and home-operated businesses. Single-income families, mean
another trend--more insistence on discount shopping, and increased
demand for home improvement centers such as Home Depot. Another
trend--more often these days, Americans are taking on the responsibility
for their aging parents. This affects direct sales organizations
such as Avon or Amway, who use part-time workers. New homes are
featuring "mother-in-law" wings, and companies are providing
their employees with health insurance for their parents as well
as their children.
I found this book very easy to read. IT TAKES A PROPHET TO
MAKE A PROFIT offers important and fascinating information
that any company or business should pay attention to in order to
anticipate the many changes taking place in the marketplace every
day. Failure to understand these trends means more additions to
the ever-growing corporate graveyard. Does anybody remember Studebaker,
Eastern Airlines, Raiway Express or Gimbels?
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