Fast Forward by FSM - Fall 2024
Welcome to Fast Forward, Fast Slow Motion's newsletter for anyone who sells B2B. Each quarter we compile data and research from interviews with our clients, consultants, and our extensive network of industry experts to identify sales opportunities in industries including financial services, retail, consumer goods, healthcare, life sciences, and many more.
Soon, the crisp air of autumn will arrive and leaves will fall, but we have everything you need to make sure your sales numbers rise. Snuggle up with this edition of Fast Forward, where you can find tips on where to find the best B2B opportunities, peek inside the mind of an entrepreneur and learn what it takes to build an investment-grade business, and more.
In this edition:
OUR BIG BETS
Print-on-demand
The print-on-demand (POD) industry, projected to reach $39 billion by 2031 with a compound annual growth rate of 25.3%, represents a significant growth opportunity. The U.S. leads this market, reflecting a robust demand for custom and unique products. Key drivers include the increasing consumer preference for personalized items and the rising demand for sustainable, eco-friendly clothing, expected to hit $10.1 billion in sales by 2025. Additionally, the average search volume for "print-on-demand" underscores the strong and growing interest in this sector. With these factors, the print-on-demand industry is poised for rapid expansion and continued innovation, making it a prime area for development.
WealthTech
The U.S. WealthTech sector is projected to grow significantly, with an estimated increase of $6.1 billion from 2024-2028 , at a CAGR of 14.11%. This growth is driven by the rising adoption of technologies such as AI and blockchain, enhancing efficiency and personalization in wealth management. With North America contributing 53% to this growth, key U.S. players like BlackRock Inc. and Wealthfront Corp. are pioneering these advances. Challenges like data security remain, yet the potential for innovation and client engagement in digital finance continues to offer substantial opportunities for the U.S. WealthTech market.
Creator commerce
The creator economy, valued at $104.2 billion and projected to double by 2027 , represents a lucrative sector ripe with opportunity. With over 207 million content creators globally, this diverse and expansive market is ideal for leveraging CRM solutions to manage collaborations and enhance marketing campaigns effectively. The sector's growth is driven by increasing global internet penetration, rising demand for digital content, and the growing influence of social media platforms that facilitate direct creator-to-consumer interactions. These dynamics make creator commerce a prime area for substantial growth and market expansion.
领英推荐
Home care
The home healthcare sector, projected to grow from $94.17 billion in 2022 to $153.19 billion by 2029, is expanding rapidly due to an aging population and increasing preference among older adults to age in place. This shift is driving demand for a more diverse range of home-based healthcare services, including advanced respiratory, cardiological, and wound care. The sector also faces challenges such as staffing shortages and the need for more skilled healthcare services, which are prompting the diversification of offerings to meet patient needs effectively. As a result, home healthcare is becoming a significant area of growth and opportunity within the healthcare industry, adapting to evolving patient preferences and demographic changes.
THE FAST SLOW MOTION PODCAST
Have you listened to The Fast Slow Motion Podcast? The quick 20- to 30-minute episodes are a great way to gain a deeper understanding of the challenges faced by your prospects as they navigate building a business. One of our recent episodes is a great place to start - check out “Is Your Company Investment Grade? - Part 1,” for insights into the intricacies of building an investment-grade business.
You can find all the episodes, as well as links to the podcast on your favorite podcasting platform, at fastslowmotion.com/podcast .
COUNT IT!
Want to know the reasons AEs love working with us? We count more than 1,000!?
We’ve now helped more than 1,000 happy clients implement and enhance a full spectrum of technology products across a wide array of industries. Chances are, if you have a client with a complex problem to solve, we’ve seen it before and we can help you close the deal efficiently. We’re great at coming alongside you, bringing our knowledge and experience to the table to scope even the toughest projects, helping accelerate the sales process and close the deal for you. Looking for the right partner to help you close that next deal? Reach out to us via our website.
Or if you're a business owner or operator looking for a partner to help you grow the right way and regain freedom in your life, contact us to learn more.