New Year is synonymous with fresh start and a new life. For investors and entrepreneurs, it means an opportunity to conduct adequate market research and work on turning their business around. Such investors should pay close attention to Eucatex president’s opinion on the sectors that he expects to perform well in 2017.
Flavio Maluf believes that investors should focus on technological innovations. He particularly notes that the tools and platforms aimed at making administration and disclosures easy are going to excel in 2017. He advises investors to invest in such businesses as every company is looking for innovative solutions.
He posits that the products that please youths are also expected to do well. Flavio notes that the millennials form the bulk of new consumers. He goes on to assert that the organizations that will manage to woo them will end up reporting high profitability margins. Investors should note that this group focuses on trendy fashion and as such, their products should incorporate such designs.
Today, many people are working remotely owing to the improved internet connectivity. This number is expected to rise in the near future. To this end, companies that offer training to employees working far from their work stations will continue to grow. Investors and entrepreneurs should consider investing in this space.
Flavio is also expecting that the fitness tools for smartphones will have exponential growth. According to the president of Eucatex, this generation’s obsession with health, beauty, and body products has created the demand for fitness tools. This way, potential entrepreneurs should focus on technologies that aid in measuring calories, keeping up with healthy eating, making nutritional records, and supporting sports habits.
Moreover, e-commerce continues to thrive. Maluf notes that there is an increasing number of the people who are adopting online shopping. The executive urges entrepreneurs to develop creative products that appeal to the shoppers. He notes that this field is growing at a faster rate compared to physical stores.
About Flavio Maluf
Flavio Maluf is a Brazilian corporate executive. The shrewd entrepreneur is the chief executive officer and president of Eucatex. He joined the company in 1989. Previously, he worked for Citibank in New York. He holds a mechanical engineering degree from Fundacao Armando Alvares Pentado.