As for the B2B segment, be it large or small business, the most relevant innovative ideas here are blockchain technologies. They simplify business processes, reduce their cost and ensure security. The most popular and new service in this area is the development of smart contracts, the obligations under which are executed automatically if the parties to the agreement have fulfilled their terms.
Templates of such documents are available in modern blockchain services, but in a very limited range: they are not enough to solve all the problems that arise. Therefore, the development of these templates is very promising, and the initial investment in the business is extremely small. That is, you will quickly break even.
Innovative Small Business Ideas in the Entertainment Industry
There are many more innovative austria email list ideas in the advertising field that are useful for small businesses. These are:
Advanced formats for presenting products in online stores : preparing 3D renders of products that can be interactively rotated around their axis; developing virtual fitting rooms.
Banners, billboards, signs that adapt to the weather, time of day, day of the week and ongoing promotions . Such smart signs attract customers' attention much better than regular ones. In Europe, they are already used in clothing advertising: the model's outfit changes in accordance with the current air temperature. The same method can be used to advertise, for example, catering and small businesses in other areas.
Creating native advertising . This service is not offered by every agency (after all, many companies in this segment are accustomed to classic methods, more aggressive). For entrepreneurs and small businesses who subtly understand the psychology of their target audience, this format of advertising is perfect, but you will need to be creative. Expert marketers predict a brilliant future for native advertising: it will determine all further development of the advertising industry.
Download a useful document on the topic:
Checklist: How to Achieve Your Goals in Negotiations with Clients
Having familiarized yourself with innovative ideas suitable for small businesses, you will understand what can be changed in your production and other business processes so that they meet market requirements, and choose a promising direction for development for your company.