We live in a world that is developing at a pace not witnessed by our forefathers. The modern world has shrunk the space for traditional businesses because modern problems require modern solutions. Entrepreneurs are the ones who propose modern solutions by taking the risk of propelling new ideas and making profits out of them. So, the society in which we …
The BPO (Business Process Outsourcing) is a $245.9 billion industry (2021). The practice of outsourcing business tasks to BPO firms has risen rapidly in the past decade. It is a practice that has proven to: Cut costs, Improve efficiency, Bring scalability, Beat the competition, Improve business outcomes. Most organizations, whether they are enterprises or start-ups, use BPO services in one …
Entrepreneurs are innovators who modernize human civilization and bring life-changing products and services to the people. Moreover, global interest in entrepreneurship has grown rapidly over the past decade. According to Global Entrepreneurship Monitor 2018/2019 report, 62% of people believe entrepreneurship is a good career. If you are someone looking for a career in entrepreneurship, there can be no better time …
Effective communication among employees and with the customers is of utmost importance for an organization. Here are some statistics that reflect the importance of internal and external communication. Firstly, more than 80% of Americans believe that employee communication is key in developing trust in their employers. From a customer’s perspective, 68% of customers are more likely to buy from a …
Digital marketing through influencers is the most sought-after strategy to scale businesses, but do you know why? Well, for every $1 spent on influencers, the brands earn up to $5.78 in return. The influencers have revolutionized the horizon with which businesses market themselves. But along with it, many complexities have also emerged. For instance, influencers work in their specific niches, …
It doesn’t matter whether you want to earn some extra money from a gig or a full-time job. There are various options available for you to earn money while working from home. However, earning money from home offers you a lot of benefits like making and following your own flexible schedule and maintaining a work-life balance. Today, we’ll discuss the …
They say, “Customer is the king,” and it is safe to say that these words are actually valid to a great extent. It is your customers who bring you business, and as a matter of fact, your customers are the biggest source of free marketing of your products or services. “Customer is the king” narrative also implies that satisfying your …
Technology is an integral part of our life now. Your electric brush, beard trimmer, the toaster you use to make those yummy French toast, your mobile phone, air conditioning system, your car, the laptop you work on, the projector you use for a presentation, and the coffee machine that keeps refilling your cup is all technology. It is no secret …
A product usually goes through different intermediaries before it is available to the end consumers. It is almost impossible for manufacturers to sell their products directly to customers. For example, a bread manufacturer cannot expect people to travel miles just to get a pack of bread. This is where retail stores come in a place that makes a product available …
Communication is an integral element in human life. Be it words, texts, gestures, emotions, facial expressions, or sounds, humans living in a society communicate one way or another. A person receiving a letter from Credit Card Company is a communication. A long list of emails in your inbox is a form of communication, even if you don’t reply to them. …
