This week, the internet is abuzz with speculation that software gaming company Valve has a hot new gaming idea that they’re looking to build. That got us thinking - what other new business trends are out there?
If you’re looking for a new business idea, why not start a party princess company? It’s a booming business in the States, where entertainers dress up like Tinkerbell or Sleeping Beauty and provide the entertainment at children’s birthday parties - kind of like a clown, but far less terrifying. There is a downside, however: you have to stay in character the entire time. As you’ll learn in this article, that can be pretty challenging.
If you’re looking for a new business idea, try focusing on just one product and offering it as a subscription - monthly delivery businesses are already selling tights, tea towels, makeup, and even art. Our favourite subscription business is Dollar Shave Club, who have created a truly wonderful video to describe their service. Watch it here:
Speaking of products-on-demand, check out Evian’s revolutionary new product: a fridge magnet. Stay with us here -- this fridge magnet connects to the web and lets you order your next water delivery by just pressing a button. A pizza company has also launched a smart magnet, programmed to order your favourite pizza. After watching that Dollar Shave Club video, we’re now wishing for a razor refill button on our bathroom mirror.
Food trucks are traditionally associated with construction sites and dodgy meat, but this year the humble hot dog stand has undergone a transformation into the hottest new dining trend. Using social media to keep customers up-to-date, these roving restaurants take advantage of the lower overheads and freedom of movement to keep their profits up - Fidel Gastro calls it “guerilla-style catering.” Check out We Are Pop Up and Off The Grid for a flavour of this trend.
As always, if you think that we’ve missed the next big business trend - or if you know what we should be thinking about next Friday - hit us up in the comments or on twitter. And let us know if you spend the weekend writing a party princess business plan!