A price-driven marketing plan and a value-driven marketing plan are two distinct approaches to promoting and selling products or services. Each approach has its own set of advantages and disadvantages. Let’s explore the pros and cons of each: Price-Driven Marketing Plan: Pros: Cost-Effective: This approach can attract price-sensitive customers who are primarily looking for the…

Social media has evolved into one of the biggest and most effective business tools in the 21st century. Through platforms like Facebook and tweeter, you can manage your entire business’s public relations and campaigns. we find out just how much of an impact social media has in today’s business and do you need to start using…

Benefit from tried and tested processes Outsourcing companies have spent years perfecting how to leverage existing and new technologies. This means you are avoiding the trial and error that comes with having to get new tech and train your team on how to incorporate it into your business processes. Save time and grow your business…

Selecting the right outsourcing partner is not easy. With more and more outsourcing companies entering the field, the offers will overwhelm anyone looking to get assistance. Reviewing reviews and doing a checklist can help you narrow your prospective outsourcing partner choices. In this article, we have constructed a few questions you can ask when interviewing…

Outsourcing refers to the practice of hiring an external company or individual to perform tasks or services that would otherwise be performed by in-house staff. This could include tasks such as customer service, accounting, or software development. Outsourcing can be done domestically within the same country or internationally, and it can be done onshore (within…

Establish a clear communication strategy: Ensure that remote and virtual team members have access to the necessary communication tools and protocols, such as email, instant messaging, video conferencing, and project management software. Encourage regular check-ins and establish guidelines for response times and availability. Foster a sense of inclusion: Include remote and virtual team members in…

There have been many discussions about the good and the bad of outsourcing. We could join the argument and present our facts but we thought we would do something different. In this article, we will look at how you can make the most of your outsourcing efforts for a better running business. We hope after…

We have already established that Outsourcing makes businesses more efficient at a low cost. They are also many advantages of incorporating outsourcing into your business processes such as skilled virtual teams at a fraction of mainstream teams and added business growth. That being said, the question arises. When is the best time to start outsourcing? When…

Outsourcing is a process of offloading tasks to third-party team members. This has proven to be a cost-effective way of increasing your business efficiency. In this article, we look at some business processes you can outsource. Accounting and financial management. Revenue cycle management is a big deal in any business. Properly managing your books can…