Some people have an innate ability to read the market and make the right moves accordingly. While we all can’t be Warren Buffetts, business leaders ought to stay cognizant of economic activity to lead their companies to success.
For instance, retail sales in the U.S. are currently down by around one-third of a percent below previous months, contracting in a number of key industries, like clothing and motor vehicle manufacturing. Other areas, like food and beverage, have been stagnant over that same time. Although this may not seem like much of a change now, the economy has been known to fluctuate pretty wildly.
So, what can manufacturers do to shore up retail sales? Well, they can start by standing out with brand-new corrugated packaging with a digitally printed design. After all, just because the rest of the market might be down doesn’t mean your business has to be.
That’s all for today. Join us next time for more packaging news!