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3 Things Permit Advisors Clients Aren’t Afraid Of

A recent study found the top three things keeping brand executives up at night are: 1) The rise of globally competitive online marketplaces, 2) Shifts in consumer tastes, and 3) Increased globalization. The most innovative retailers answer these threats with an open attitude and see these threats as opportunities. Permit Advisors offers our edition of brands that have successfully answered these threats with an enthusiastic adaptation on outdated consumer models.

1. The rise of globally competitive online marketplaces

The most readily available brand that represents the rise of competitive online marketplaces is none other than Amazon. They represent a threat to major electronic purchases, simple day-to-day items, and specialty fashion. Indeed, AmazonFresh encroaches on traditional grocery store concepts. Another example of a successful online marketplace is eBay. The online version of a garage sale-turned auction helps consumers find items at the lowest price.

What is a traditional retailer to do? Embrace the change. Target Corp has embraced the information technological age with an online sales portal in addition to their brick and mortar concepts. They’ve developed a mobile app on a simple platform that allows users to collect coupons on items. Additionally, Target has updated their brick and mortar look and consumer experience by updating their café, optical, home, and electronics departments. Offering grocery items, day-to-day items, and larger electronic purchases Target’s fluidity has allowed consumers to have their cake and eat it too.

2. Shifts in Consumer Taste

This one is definitely trickier for retailers. With attention spans of millennials dropping to seven seconds, about five seconds less than a golden retriever, it is hard to anticipate what “the next big thing” will be. There was a time when large cafeteria-style restaurants were something we made fun of our grandparents for loving, now we see an updated cafeteria being exactly what consumers want.

Taco Bell represents an old brand reigniting their concept. Known for social media screw-ups and cheap tacos, Taco Bell has started their new “Taco Bell Cantina” concept that is a more fast-casual experience. Offering light alcoholic beverages and upscale décor, they have stayed relevant with the current consumer taste. They are not revamping all the restaurants but adding to their canon. Combining fans of the old, and making fans of the new there is now something for everyone.

3. Increased Globalization

Increased globalization increases the odds another brand may do what you do, and do it better. A good example of this is Uniqlo the Japanese casual apparel store. They were a simple Japanese brand but saw globalization as an opportunity to gain more clientele. Now with stores in both Japan and the United States the brand has stayed cutting edge while embracing the risks.

By embracing change and being creative with new technologies brands can not only survive but thrive. This is easier said than done, however. Here is how Permit Advisors can help your brand embrace your fears:

Managing Your Project’s Permit Timelines

While you update your concept or are investing in a new one you are going to need a project management team on your side. Permit Advisors works nation-wide and has an efficient system already in place for your projects. You name the type of project and we have worked on it. We have a proven track record of excellence and success. Permit Advisors will get your permit approvals faster by prescreening your plans, preparing your application, and representing you at plan-check appointments.

About Us: Permit Advisors Inc is a nationwide permit expediting, entitlement, and consulting firm based out of Beverly Hills, CA. We have established relationships with municipalities nation-wide and implement time as well as cost-saving strategies to efficiently complete projects. We provide a project management team to ensure every aspect of the project is given specific attention while maintaining open communication between the jurisdiction, consultants, and our clients. We serve retailers, architects, landlords, tenant coordinators, contractors, and franchisees nationwide in the hotel, retail, restaurant, mixed-use, multifamily, entertainment, grocery, and logistical plant development industries. Contact us today for a consultation at www.permitadvisors.com.