Transform your Sales with Digital Transformation in Sales for Small Businesses
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Digital transformation in sales for small businesses
digital transformation in sales for small businesses
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FAQs online signature
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How does digital marketing affect sales?
Importance of Online Marketing Sales By effectively utilizing online marketing techniques such as search engine optimization, social media advertising, email campaigns, and content marketing, businesses can reach a wider audience, establish a strong online presence, and drive customer engagement.
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What is digital transformation for small business?
Digital transformation is the process of creating, maintaining, and iterating a digital system for your business. Transitioning your business to a digital environment is important in the modern world. Customers and employees expect a seamless experience that keeps up with the digital status quo.
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How does digital transformation affect sales?
These include metrics such as revenue growth, cost savings, customer acquisition and retention rates, and operational efficiency improvements. Revenue growth occurs when implementing digital strategies expands the customer base and increases sales.
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What is a digital transformation strategy for sales?
Digital Transformation radically redefines sales strategies by integrating technology into every facet of the business process. Beyond merely adopting new tools, this revolution involves a fundamental shift in the business mindset.
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What is digital transformation of business to business sales?
B2B digital transformation is all about diversifying your sales strategy, up to the point that might even impact your product or business model, be it manufacturing goods, intellectual services, financial services, or others.
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How will digital transformation impact the retail industry?
Benefits of Digital Transformation in Retail Industry With mobile apps and websites, customers can access information and purchase quickly and conveniently. AI-powered chatbots and virtual assistants on the website and apps can offer personalized recommendations to customers based on their past purchases.
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How does digital transformation affect business sales?
Revenue growth occurs when implementing digital strategies expands the customer base and increases sales. For example, a retail company that adopts an e-commerce platform can reach a wider audience and generate more sales, leading to a significant increase in revenue.
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How does digital transformation affect revenue?
The digital transformation significantly affected the increase in the cost of revenue and they grew at an average rate of 11.27% per year. The increase in cost of revenue above the increase in revenue was reflected in a decrease in gross profit, which stabilized at an average of 45.8%.
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Hey, are you a small business owner or solo entrepreneur I am sure we are all having problems with the current coronavirus pandemic and one major challenge is we don't have any online presence because we were not prepared at all leaving our operations on hold so stick with me for a few minutes because at the end of this video you're going to learn how I can help you in transforming your business online without spending too much in hiring third party consultants. So after helping hundreds of small businesses in the past 20 years in transforming their business digitally, I saw the patterns thus I have built a comprehensive framework for small business in digital transformation. I personally constantly hear pains from my customers in terms of technology but listen to me it doesn't have to be that way it doesn't have to be that way for you ever again. So how do I know this? Back in 2001 I co-founded a company with my brother and my uncle intending to build an online business software but we were so early so after a few years both of them left and I had to let go of 25 employees down to myself I struggled my way back and then Hilsoft, Inc was born so that's where they learned the pains and needs of small businesses especially in digital transformation so to date we are now serving over 300 companies while they enjoy the benefits of managing their business digitally and real-time business information online. We were also recognized by the APAC CIO a silicon valley-based publishing company as one of the top 10 most promising ERP solutions provider in asia-pacific and in the Philippines. So let's jump on these three tips that you should consider to build the foundation of your digital transformation so the first thing that I want you to do is to commit to be the champion of this transformation you can probably assign or hire people who are going to manage or do the administration of each aspect of the IT but you should still be on top of everything. Ssecond work on your on-premise or work from home set up for your employees. Its actually about employee enablement so they have to have like workstations laptops or mobile phones and of course the internet service you might want to subscribe mobile data for your employees for remote work preparedness and readiness if you're in the office you might want to consider a network set up a Wi-Fi router or a LAN cable it's very easy to set it up. Another server for your files or your printer and of course the backup then you have to have software licenses for your computers like Windows or if you prefer Mac or Linux that can also be an option another license for your office apps like Microsoft Word Excel and whatnot another thing to consider which is also important is security so you have to have like antivirus as for your Microsoft Windows or a firewall to detect intrusions. The third basic aspect which is also important is your online presence the first thing is your business email for example you should set up like an official business email for your company there are a lot of options like Google G suite or Microsoft 365 it's very easy to set up and implement and it's not that costly the second thing is your website there are a lot of options like Bluehost or GoDaddy to set up your own website and if not then you can hire you know a freelance developer for your website and the third & last option for your initial step for your digitalization is to consider a cloud storage like Dropbox, Google Drive or OneDrive so these are also important so you can centralize documents in your data for your business and transactions. So there you go, so this only covers the foundation of your digital transformation but the next step after this is to consider business process automation I cannot wait for you to take action so in the meantime I have another good news for you I have developed this digital transformation checklist that can be your reference in building up your company towards digitalization and it is available for free just click the link below to get instant access but I'd like to request to take a few minutes of your time for a short survey of what your priorities are so I can customize my framework in helping the small business community so that's it for now thank you so much for watching in the meantime if you haven't already please consider subscribing and click the notification bell. You can also check out the links in the below description for resources relevant to this topic so again thank you so much DX your life and business have a great day
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