Paul Mampilly Waxes Prescient on This Year’s Business Trends

The 6,220% gain Paul Mampilly’s has realized on his own investments have enabled him to retire at 42. He now offers investment advice through his investment newsletter “Profits Unlimited”. Mampilly has offered 10 business predictions for the year ahead.

  1. Once the sole domain of big corporations Paul Mampilly predicts that the use of big data will become more common among smaller businesses.
  1. The weak housing market will result in a dramatic drop in the appreciation of the value of homes. Appreciation rates will drop from 5-7% to 1.5%.
  1. Paul Mampilly says that big businesses will change their marketing tactics. The impetus behind this change will be the success of small startups that offer their customers more personalized shopping experience.
  1. The voice will increasingly supplant the keyboard for online shopping. Changes in the algorithms that devices like Amazon Echo use will change the way companies market their goods.
  1. According to Mampilly foresees map apps and location services impacting marketing practices. The change will be driven by businesses ability to gather more information about consumers.
  1. The continuation of business friendly policies enacted by the Trump administration ie: deregulation and the shift in power in the House of Representatives will benefit investors. Washington’s inability to get anything done because of the aforementioned shift in power will actually benefit investors.
  1. Edge computing makes it possible for devices to better communicate with each other. The increased use of edge computing will result in the creation of new technologies.
  1. Adherents to the investment philosophy of long-termism will double. As Paul Mampilly explains it long-termism “…focuses on assets that can be managed on a sustainable basis.”
  1. Virtual Reality technology (VR) will improve dramatically in the next year. Mampilly believes that VR technology will prove to be a smart investment.
  1. Paul Mampilly asserts that in 2019 consumer opinion in the form of online reviews will carry more weight with companies. Currently, 95% of online consumers claim that reviews influence their decision to buy. Mampilly sees this trend increasing. Shoppers and investors alike should pay attention to the reviews a company receives online.

 

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