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Emerging Practice

Sales practices that are being adopted but are not yet fully established as industry standards.

Implications

New or evolving methods, techniques, or approaches that are gaining acceptance within an industry or field, often driven by innovation, changing market conditions, or advances in technology, and may eventually become standard practice.

Example

Example: The use of blockchain for supply chain transparency is an emerging practice in logistics, offering new ways to ensure traceability and reduce fraud.

Related Terms

Different from established practices, which are widely accepted and used, emerging practices are still gaining traction and may represent the future direction of an industry.

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COUNTRIES COVERED

Japan

South Korea

China

Taiwan

Vietnam

Thailand

Indonesia

Malaysia

Singapore

Australia

Philippines

Cambodia

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