Frank Felker of Radio Free Enterprise has an interesting take on what is in store for businesses in 2007. His #1:
Downward pressure will continue on both your costs and your prices.
The Wal-Mart Effect has hit every segment of our economy. The world’s largest retailer has taught every consumer to expect the very lowest prices and every vendor to find the most efficient processes. Your challenge is to take advantage of the lowered costs while resisting the urge to lower your prices. The former is relatively simple thanks to Sam Walton and your trusty Internet connection. The latter requires you to deliver an offering whose value is truly superior to your competitors.