Business and Technology Predictions for 2021

MottyOsher, Owner, K2 Analytics

As a Las Vegas digital marketing agency, we’ve seen first hand how 2020 impacted businesses of all sizes, from local service providers to large e-commerce businesses and everyone in between. Despite this past year being incredibly difficult for companies, there has been a surge of innovation and entrepreneurial spirit that came out of the pandemic. That’s great news for new and existing local businesses. At K2 Analytics, we’re paying close attention to how local businesses in Las Vegas are emerging from 2020 and shifting our approach to better serve these businesses in 2021.

More Support for Local Business

In 2020, with businesses shutting down or operating at limited capacities, many people found themselves stuck at home with little to do. Unemployment surged, and some of our favorite local businesses worried about whether or not they would reopen again. The pandemic made it incredibly apparent that supporting local businesses would be essential in 2021.

Our prediction for 2021 is that there will be a market shift towards supporting these businesses in local economies rather than large enterprises.

As a Las Vegas digital marketing agency, our aim for 2021 is to connect with more local businesses in Southern Nevada that could use our services to build and strengthen their customer base.

Virtual Connectivity and Sharing Best Practices

Another prediction for 2021 is the demand for social networking platforms centered around connecting business owners, creating networking opportunities, and promoting the sharing of best practices will take off.

With so many new businesses being established in the wake of the pandemic, there will be a high demand for platforms where business owners can connect and support each other online. Social networks like Clubhouse, which is still in beta and invite-only, are already experimenting with this concept.

This is another way that we are shifting our services to serve local businesses better. At K2 Analytics, we’re working with local companies to provide them with professional expertise centered on starting a new business, marketing existing businesses, and creating local networks where local business owners can support each other online.

WFH as the New Norm

Despite the emergence of a COVID-19 vaccine, I think that we’ll see work from home continuing for the foreseeable future. The pandemic forced just about every office job to shift towards work from home, and businesses benefit from that. Even companies that didn’t favor home culture work are seeing positive impacts such as higher productivity, better team morale, and lower overhead expenses. Teams will need to invest in quality communication and task management software, but that’s expected.

A Positive Outlook in 2021

It can be challenging to predict anything any 2021, but we’re optimistic that this will be a good year for businesses and teams that can adapt to the changes. For marketing agencies, I think that this means focusing on the local economy and supporting small businesses. For those local businesses, I believe that being able to connect with other business owners will be essential.