Technology has now become a means that help small business owners leverage limited capital in smarter and more effective ways. In some cases, using technology is a natural progression for processes you may already have in place in your business. In others, you may need to make some adjustments to reap the benefits of these tech-friendly alternatives. The good news is that the benefits will often outweigh the short-lived challenges of the transitional process, once your new systems are in place. A small statistics of before and after using technology is being shown below. These ideas will help you technology in your small business to do more with less and become more efficient and versatile.
Given below is a flowchart of a company using technology:
An Employee plays a vital role for a organization/company. An employee on an average wastes 2.5 hours out of 8 working hours which comes to above 30% loss for even the most efficient employees. Now with saving 2.5 productive hours per day can help you generate an additional revenue of 37,50,000 per year from 10 employees.
Not tech-savvy? Don’t worry. Many of the ideas include links to articles that will help you get started, quickly and painlessly.
Importance of technology in Business:
As a matter of first importance, innovation influences a company’s capacity to speak with clients. In the present occupied business condition, it is vital for workers to interact with customers rapidly and clearly. Sites enable clients to discover answers to their inquiries night-time. Quick shipment alternatives enable organizations to move items over a big geographic territory.
The online world is an exciting spot loaded with numerous interesting things. It can be a touch of overpowering at to begin with, however once you become acclimated to it you can utilize it further use it for better results and advantage.
- Reinforce your brand
When it comes to the top of mind awareness in the consumer’s mind, you want to be number one. This means that when the consumer thinks of a product or service, your business will be the first they recall.
- Build & cultivate customer loyalty
Mobile apps allow business to have a more direct and instant connection with their consumers. This closeness creates a relationship between your business and the consumer that evolves to brand loyalty. One clear example is Starbucks. Through their star point system, they keep their consumers coming back to earn more rewards each time.
You can increase your visibility by offering promotions and discounts in your app and keeping your consumer engaged. By doing this you are more likely to reach your consumer in those 162 minutes the average American spends on their mobile device.
- Increase your accessibility
Through increased exposure across mobile devices, you are accessible to your consumer anywhere and anytime. Imagine sending a discount notification, which creates a visit to your app and results in a purchase, all just in a matter of minutes!
- Connect you with on-the-go consumers
People always seem to be on the go. Going to work, going to the gym, going for coffee. They may not always have access to a computer, but on the go, they always have their smartphone with them. Use of tools in this case may simplify the process.
Use time tracking software to see where you are spending your time so you can become more productive. Explore open source applications to replace some of the more costly “name brand” alternatives.
Streamline your work processes with digital dictation.
Use project management and task management tools to stay on top of your daily business responsibilities.
Create a digital filing system to make it easier to sort, save, share and find documents.
Develop an efficient email management process that makes it easier to stay on top of the flow of messages.
Use an online invoicing service to reduce the costs of collecting payment from customers.
Use online budget tracking to keep on top of — and reduce — your expenses.
File your taxes more efficiently online.
Create a new income stream by selling your products online.
Use a comprehensive accounting software to streamline your business finances.
Share digital files with your bookkeeper or accountant to improve your ongoing bookkeeping processes.
Use software to create a marketing plan that you can edit, update and share with your team.
Use social media sites like Facebook, Twitter, Google+, Pinterest, YouTube, etc. to promote your business,products and services.
Begin a blog identified with your business and target gathering of people.
Collect email addresses through an opt-in form and start utilizing the power of email marketing.
Start marketing through videos, as they are the most used means of marketing.
Promote your business with a website and/or online advertising.
Collaboration and Learning
Conduct teleconference calls to make sure team members in different locations are on the same page.Hold a webinar or web conference for travel-free face-to-face time. Expand your knowledge with online business training. Share files and data with the Cloud. Set up a network for local file sharing.Communicate quickly with your team through instant messaging.
Use social media platforms to conduct customer service.
Set up an help desk or ticket system, available online to handle customer issues.
Allow clients to schedule appointments online at their convenience.
Use online surveys and questionnaires to get customer reviews.
Mobile Working and Telecommuting
Create a mobile office that allows you to work productively from anywhere.
Use remote desktop applications to access files on your office computer.
Go paperless to save money on supplies and storage in your office.
Get a virtual phone number and an electronic fax line that you can take anywhere.
Use your smartphone and select apps (that sync with the Cloud) to stay connected when you’re on the go.
For more on using technology to lower costs in your small business, read: Top 12 Low-Cost Technology Solutions for Small Business.
There are businesses as well as businessmen who have been using tools and technology since a long day. Some of them are followed below:-
- Customer Relationship Management
CRM help you track almost every detail of the business that happens between you and your clients, from their billing address to their preferred delivery day. CRM systems were first developed for big businesses with large sales teams, but now these systems are within reach of small businesses.
- Cloud Collaboration
If you maintain your own business, it could be an awful thing to have your mind in another place. Be that as it may, it could be an exceptionally smart thing to have your records, prospective customers and bookkeeping there. In the course of the most recent decade, organizations have come to acknowledge it can be less demanding and less expensive to store data they have to work together on the web rather than alone PCs. This utilization of the web has come to be known as “distributed computing” or simply “the cloud”.
In the event that you utilize Gmail for your email or store records on Google Drive, you’re in the cloud. In the event that you utilize Dropbox to store photographs for your business, you’re there as well. Quickbooks still offers bookkeeping programming which you need to introduce on your PC, yet it additionally has a form in the cloud. Newer accounting programs like Freshbooks and Xero are cloud-as it were.
You can (and should) consistently move down documents to an outer hard drive or NAS (network-attached storage) device in your office- – however imagine a scenario if the entire place goes up in smoke? Fence your wager with an online tool like Mozy, which naturally documents whatever you’d like over the Internet, protected and sound. Simply select what you need moved down, and Mozy wraps up, either in mass while you rest, or progressively, as documents are changed.
Twib is a sales tracking app for business owners & salesmen offering a web-based (https://twib.online) admin panel to track GPS location of sales employee activity, where you can monitor the day to day activities of your team by capturing the real data from their location. It helps the company and the sales personnel in the field to track sales visits and reporting more efficiently with images.
Useful for wide variety of Business:
It’s a complete solution developed with the inputs from the various business like publishers, FMCG, footwear manufacturing, pharmaceuticals, garments manufacturing units and much more to ensure field sales employee activity tracking becomes so easy for the employers so that they can focus on right things to help their business growth.
- Online and offline check in with images
- Expense tracking
- Attendance tracking
- GPS tracking
- Remote work assign
BigTracker is an Amazon Product Research device intended to encourage organizations and Amazon dealers to enhance their Amazon item explore process, track contenders, screen item execution, and at last discover their specialty. Intensely propelled channels, for example, ASIN, classification, and catchphrases help streamline the item investigate process.
BigTracker is equipped with an implanted adding machine to help clients rapidly makes brilliant gauges on deals and incomes so they can manufacture an item portfolio that guarantees productivity. BigTracker’s item email ready component sends moment warnings to help clients nearly track item information, patterns, requests, rivalry, and the sky is the limit from there.
Efficient tracking of business proposals and documents to increase sales. It analyzes prospect and client’s behavior on how they went through your documents. To make this possible, Tilkee generates a unique link for each and every prospect, and users can track in real-time how they read your content and how much time they spent on each page. Equipped with this information, clients can rapidly recognize the most intrigued prospects and likewise send subsequent meet-ups to the perfect individuals.
Tilkee furnishes clients with devices for making business recommendations, finish with a plenty of customization alternatives for making shocking plans and coordinating your organization marking. It bolsters a huge assortment of record positions, going from straightforward word archives to MP4 and YouTube recordings.
Builds complicated project timelines, to-do lists, and message boards, and share files among your team members-all via one easy-to-use Web tool. Basecamp generally can keep all your workers on task while letting everyone know what other team members are up to. It can also track project time on a per-member basis, for creating detailed billing and reports when the job is done.
Post-it notes and day organizers really getting old these days. Get your timetable, conceptualizing notes, plan for the day, and pretty much whatever else you have attached up around your office into one place – your PC, that is- – with Chandler.
The systems and materials utilized by the individuals who are associated with the advancement of products. Most business that need to pitch their products or administrations to general society generally will make broad utilization of different promoting apparatuses, for example, statistical surveying and publicizing to help advance their prosperity. Tools is that thing which helps an organization to do some particular work.