A young man, Vipul wants to start a business. He is not sure of the type of business he should start. His friends suggested him to seek the help of professionals. He contacted a professional who asked Vipul to pay a big amount for providing the reports and industry updates. Therefore he decided to search for the reports and industry updates himself. He started looking for the required information and reports on different websites regularly. He also interacted with people for the type of products they would like to use in future. In addition to this, he visited trade fairs, malls, exhibitions, etc. to assess the on-going trends.
Identify and state the way Vipul is using for spotting the trend. Also, state one more way which will help Vipul in starting his business.