QUESTION 2 2.1 State TWO ways to identify trends in the market that may help you in your career ( \( 2 \times 1 \) ) ( 2 )

One way to identify market trends is by conducting regular competitor analysis. By monitoring what your competitors are doing, such as their marketing strategies, product launches, and customer engagement, you can uncover valuable insights and anticipate shifts in the market. This awareness helps you stay ahead in your career and adapt your skill set accordingly. Another technique is to utilize social media and online analytics tools to gauge consumer sentiment and preferences. Platforms like Twitter, Instagram, or LinkedIn can provide real-time data on what people are discussing and sharing. Keeping an ear to the ground in these digital spaces can reveal emerging trends and areas ripe for innovation, giving you a competitive edge in your field.