Working on a digital project, you always take risks. At a minimum – not meet the deadlines and budget. Sooner or later the risk will work, and you have a choice how to live with this information: to ignore and hope that you will arrive at a minimum, or take risks under the bridle and start managing them. Risk management is the adoption and implementation of solutions that reduce the
Email sending is an excellent tool for effective communication with customers. With the help of mailings, companies can increase sales, retain customers, receive feedback from them, respond quickly to their needs, etc. But it’s important to remember that the ability to use this tool is determined not only by the number of clicks and the percentage of open ability. The effectiveness of the mailing is estimated first of all by
Whether you’re marketing widgets to manufacturers, enterprise software to large businesses or toys to children, the principles remain the same. Understand your product offering and your competition, create a profile of your target customers and prepare your marketing strategy. Image Credit This is no different for membership organisations, the only stumbling block can be that they are often led by their members in the form of boards and committees, and
In a follow-up to our previous blog on how companies can record their business mileage, here we take a look at five more top tips on how keeping accurate records can have a positive impact on your business. Image Credit 6. Capturing Your Information with an App Drivers who are connected to their smartphone can download an app which records mileage and separates business miles from personal ones. This option
The fact that it is necessary to struggle with bottlenecks is an indisputable fact. Every manager tries to do everything possible to eliminate the problems of the company and bring it to financial haste. But he tries to do it often, as he himself understands. Although the world has long been successful systems and techniques that help effectively cope with the problem, to lead your company to growth. Even the
The move toward electric vehicles is gathering pace. Korean chemicals giant, LG Chem, has announced the opening of a new $1.63billion battery factory in Poland to serve the European market. It will be located near Wroclaw and will produce 100,000 lithium EV batteries per annum. Image Credit That is still just a fraction of Europe’s projected demand, but Swiss engineering group ABB has also announced an even larger manufacturing plant
It’s no secret that the cherished dream of many business owners is the desire to free themselves from solving operational issues by transferring their business under the management of a hired professional. And now it is implemented – a suitable person is found, the reins of government are safely transferred into reliable hands, and it would seem, it is time to relax and do their own business.
The introduction and implementation of new strategies (processes, practices, values, etc.) can become a challenge even in a relatively small company, not to mention big business. However, having a well-defined plan of action, the process of introducing innovations can pass quickly and painlessly. We offer a fairly simple multi-step algorithm that will help solve your problem.
ChatBot for eCommerce will be a new digital transformation element that will change the games and dynamics of ecommerce and the market. It is a few days since the release of the usual report, which is certainly useful for making the point on the e-commerce market, but which I take as a starting point to introduce the topic of ChatBot in eCommerce strategies. The report indicates how using ChatBot in
Sales in the retail sector can be notoriously volatile, affected by the exchange rate, interest rates and levels of unemployment, to name a few. More recently, the Brexit vote has had an impact on both the value of the pound and the cost of imports and the knock-on effect has been to push up retail sales. Image Credit Retail sales in September 2017 According to the British Retail Consortium, total sales