Over the decade, the biggest global companies have been outsourcing their website design, administrative tasks, customer support, and manufacturing projects. In fact, the services that businesses can outsource have already grown to help more businesses grow faster and sturdier. These falls into different types of specialization such as outsourced customer services, data entry, web development, transcription and the list could go on.
So why are some business owners still not open to the idea of outsourcing? This is because there have been so many misconceptions that are keeping them from the benefits of outsourcing. Here are some:
There is no guarantee for the quality of work.
It is usual for people to doubt things that haven’t tried yet, let along to trust people they haven’t met in person and entrust your business tasks. Outsourcing companies will not flourish if they do a sloppy job. They value their name as they know that the outsourcing industry continues to be more competitive.
Additionally, outsourcing companies and freelancers have a planning process and require ongoing communication to assist you with any of your concerns.
Freelancers lack the skills.
Freelancers are professional individuals who have chosen to be their own boss to practice and grow in their passion. They have self-discipline and meets their deadlines with polished products. Furthermore, a lot of professional freelancers attend seminars and have a network with other freelancers and companies whom they can team up with to meet your needs.
Outsourcing is always very cheap.
Like any business or industry, outsourcing has an average market price. You can’t expect great quality work in a short period of time at a very low price. There are extremely cheap services but expect to get the result to be cheap as well. Plan and set your budget before you start outsourcing staffs.
You can save a lot with outsourcing compared to keeping an in-house team that you will just employ for a few months. But if you are offered with weirdly cheap service, think twice.
Marketing is a very interesting field. Basically, there are dozens of entry points for marketing, each bearing unique specialization paths. Just like any modern business discipline, marketing is progressive and will bring more opportunities for career climbers. If you’re planning to enter the exciting field of marketing, you should develop some important habits.
As for SEO in Philippines, these habits can definitely help you progress, whichever marketing path you’re willing to take.
A marketer knows the behavior and mechanism of most niches. To learn ‘niche keenness,’ you will probably need years of studies and speculation, but you can speed this up through constant research and collaborative work. Spend time studying every niche you come across. Take down notes and observe how trends move accordingly.
Knack for Systems
If you want to get ahead in your career line, you must be a theoretical marketer. You can only do this by having a ‘knack’ for systems and idea frameworks. Since marketing has a fluid movement, creating your own system can make things a bit easy. With a system, you can connect one idea to a trend, vice versa. From there, marketing campaigns can take life.
Adaptation is an essential skill, not just in marketing, but in other areas of life. By learning how to adapt, you’ll know what pitfalls to avoid and what strategies must be applied whenever something happens. You’ll be proactive instead of just being reactive to situations. In the fast-paced marketing environment, this is very crucial.
Enthusiasm is the ember that will keep your passion burning. There will be times when you may feel dissatisfied with your career path. Projects may run dry and events may not swing in your favor. In times like these, it’s important to be enthusiastic. Take your career steps one at a time and always remind yourself why you chose marketing in the first place. Understand that the marketer’s path will be full of challenges. Be prepared for the bumpy road, and see what prizes lay ahead.
Outsourcing is a concept that has been hanging around various industries for the past decades. But it is now more than ever that most companies are embracing outsourcing globally. In fact, realizing the full potential of outsourcing and integrating it into a business process has made companies thrive and grow in a shorter span of time.
With outsourcing, tasks or projects can be delegated to specialized companies and professional freelancers, you will have more time and energy to use in your core business. But is outsourcing for every business. Find out which business should definitely use outsourcing.
New businesses have limited resources and cannot afford the overhead costs of additional employees and big spaces. However, they have to be flexible to adapt and go head to head against the already established businesses.
A rapidly growing business has to pounce on opportunities if it wants to widen its reach. This is impossible if businesses have to always hire new employees, train them and buy their equipment. There are just too many going on in their plate. Outsourcing can slash that long list and provide the services immediately. Additionally, third-party services from professionals can increase the quality of service your customers receive.
Small businesses with no experience in the needed task
Let’s say you are a small pastry shop who wants to venture in online marketing to increase your leads. You have no idea how to build a website or make an effective social media ad. Outsourcing will help you make a great website to reach your potential customers while you can focus on running your business.
Businesses looking to expand in other countries
Setting up in a foreign country is a real challenge especially that you still have to know the locals. A local outsourcing company can help you reach out to your target market in no time.
This is the age where we live in the information and technology. You can find any information about anything you can imagine through the latest technology. There are countless news websites, blogs, and online forums discussing just any topic under the sun.
The good news for investors is that learning how to effectively utilize this information properly can lead to a seemingly limitless stream of investing ideas. The challenging part is figuring out exactly how to use all this information to your advantage. Let’s briefly examine some of the predominant methods investors use to generate investing ideas.
What methods typically come to mind when you think about generating investing ideas? If you’re like most people, you might consider reading the business section of the newspaper, or read a finance-oriented publication, or visit a finance website. There is no doubt that these types of sources can provide good information, but there are some also some potential pitfalls to exclusively using these types of sources to generate ideas.
For example, an article in the business section of your favorite website might report that a large company’s profits were up in the second quarter of the year compared to the first quarter. But what does this really tell you as an investor, and is it enough to make you think that it might be a good long-term investment?
On one hand, this news could mean that the company’s products or services have improved, and this led to the increase in profits. On the other hand, the increased profits could simply be a result of a one-time event and might not be indicative of the direction of future earnings. It’s hard to say exactly what the increased profits mean without doing more research.
The Broader Approach
People who use the latest method typically prefer a much broader approach when it comes to generating investing ideas. In addition to reading finance and business-related news stories, they like to explore a variety of other sources of information, and even look for ideas in everyday life. They look for investing ideas while watching the news, reading articles online, watching television, or even listening to a conversation between colleagues or friends.
This is just one example of how to come up with an idea using the latest approach. In a nutshell, the latest investment style involves looking at the big picture, thinking about what types of products and services are likely to be in demand based on your observations, and then investing in quality companies that offer these types of products and services. If you are diligent and consistent in your approach, you will be sure to find some quality investment opportunities.
Having a small business is like making your dreams into a reality. But ideas alone are not enough to build a startup small business. You need to finance it to start the building and growing it. Add to that, once you are ready to expand. You still need money to widen your business horizon.
As frequently mentioned on the blog of moneylender Cash Mart Singapore, there are various ways to fund your business aside from going to the bank or a lending company to get fast cash loan without collateral.
Unfortunately, banks are not keen to invest or give a personal loan to startups. You can’t blame them for being too risk-averse.
After all, they have been in the business for decades by being so.
However, they end up not being too open for talented entrepreneurs who are just starting up yet will big potential to change an industry. So here are three ways to fund your startup small business.
You are in luck if you are a highly sociable person. Angel investors are not found just anywhere, yet you can start by asking people in your circle and local non-government organizations. Most angel investors are not interested in how much you are making right now. They are interested in the potential of your business and how far it will grow. They hope that once they exit, they can sell their shares for a better price.
If you are more into using the tech, then you can try crowdfunding. Certain websites such as Indiegogo, Kickstarter, RocketHub, Fundable, and Fundly are willing to showcase your ideas. However, be mindful that your business plan has to be as realistic as possible. You don’t want funders to expect too much on something that you can’t deliver and ruin your brand right from the kickoff.
Use what you have right now. Even Bill Gates built his billion-dollar software company in a garage, so this idea is not even new. If you have savings, you can combine it with your family or friends’ extra cash to get what you need at the moment. If you need more hands, you can hire a freelancer for short-term, projects. This way you don’t need to hire people for full-time positions yet.
Truly, if you have strong determination, financing will not a big of a deal. Take the chance to build your dream startup now, rather than let other people do it ahead of you and forever hold your peace.
Conversion should be the ultimate goal of any online financial business. Without any hope of sales conversion, the business will eventually fail.
In starting your finance business, you should then consider making a list of useful conversion-based tactics.
By doing so, you have the chance to prevent many pitfalls as your business operates.
Here are some conversion tactics to fuel your business journey:
Timely, Beneficial Content
Creating any type of online content is relatively easy. But if you’re aiming for a high-level piece of content that can benefit most users, you have to spend more time in creating it. What are the qualities of beneficial content? First: it must be timely.
Rehashing old information will rarely bring high value for your users. Some of them may recognize the old content and will veer away from your reach. The second factor is the free material. Most online entrepreneurs give free eBooks as part of their lead generation process. You can do the same, or you can even think of new digital products to make.
Social Media Activities
Social media is your trump card. Almost everyone in the world is connected to social media, with Facebook as the leading platform. To bring continuous conversion for your business, you should invest time in social media activities. Events such as online contests can catch the attention of users. Creativity is a strong factor that can guide you in making activities.
Influence marketing is about widening your reach. There are countless ways to influence people, especially in the cyberspace. To name a few common things, highly-regarded methods are through blogging, SEO marketing or digital marketing for financial services websites.
Your blog will serve as your content machine.
Every good content piece you make can influence people into making decisions. Do some experiments, even topnotch digital marketing strategist for finance business does. Figure out which content piece gathers immense reactions from web users.
The power of conversion shouldn’t be neglected. Finance businesses live and breathe through effective conversion methods, and entire communities are dedicated to the process. Create your conversion plan today, and see the outcome that it can bring.
Over the years, the virtual crowdfunding has become more popular to fund startup business or new projects. This is also a great way to gauge the interest your products will get once it is put out in the market. There are a lot of crowdsourcing sites that you can utilize now, but not all of them are created equal. What works for one may not work for the other businesses. This is why you have to know each one and the policy they have to avoid future mishaps.
As of date, this is the most popular crowdfunding platform for startups all over the globe. It has even made itself a household name. It is best for people who have new inventions, ideas, or projects. If you are going to use this crowdfunding site, you have to take note that you need to pledge something in return to your investors. Add to that, if you did not reach your funding goal, you will not receive any amount and the money will be returned to the investors.
This crowdfunding site may be a step behind Kickstarter, but it has its own charms. For one, you can get the funding even if you are unable to reach your goal amount. Then you can also use it as another marketplace where you can sell your products since Indiegogo lets people buy products on its site even if the funding period has already ended.
Patreon is not into straight-up campaigns. Instead, it provides ongoing financial support for a creative venture. As the site boasts itself, it uses the old idea of patronage. It supports mostly creators such as musicians, writers, visual artists, gaming creators, animators, crafters, Youtubers, and podcasters who can allow their fans to be premium members and enjoy what they have to offer. Patreon gives a sustainable income while retaining the creative control of creators.
We all know that Facebook has grown from being a social media platform into a great business marketplace for every enterprise no matter is the size. Add to that, it makes looking for specific leads easier if you are a local business who wants to grow your reach.
And even if you have a website, you need to boost you effort to increase the traffic it gets. But first, you have to build a Facebook page to run contests and promotions. It’s a good thing that Facebook business page is free yet it lets you reach more people and build brand awareness. This is because once a Facebook user becomes a follower or a fan, their Facebook friends can also get to see you. Add to that, your page also gets indexed in search engines.
If you do not have a business page yet, here are the steps you can take.
Before creating your Facebook business page, you need to create a personal Facebook profile. That profile will be the admin of your Facebook page. This means that your Facebook page will not have a separate login from your personal profile.
There is no need to worry if you are going to use your existing personal Facebook with your new page, only you and the other administrators will see the personal profiles interacting in the business page. People who follow or like your page will not see your profile though you can switch it if you prefer to do so.
From your Facebook profile page, you click the dropdown menu found in the upper right corner. Choose “Manage Pages.” Then click the option “Create a Page.”
Choose between “Business or Brand” or “Community or Public Figure.” This will depend on your purpose. Key in your “Page Name,” your category to describe the nature of your business, business address, and phone number. You can opt not to show your address to the public but you have to retain your city and country. Then click “Continue.” Facebook will guide you throughout the setup process until you reach the Facebook Welcome section. You and the other admins can control the information people will see on your page.
Once you have created your page, you can then start posting links from your website, create ads, and promote online contests.
Since you have a startup, you most probably have very limited resources for your operations, marketing, and other necessities. You might even have a handful of employees who are working various jobs that are not even in their job description. This means that you have to find a way to sustain your company without sacrificing the quality of your products of services. Good thing there are a handful of SaaS (Software as a Service) to do just that.
With SaaS, you can automate certain business tasks that you would want a team to do. Without hiring a team and shedding more precious money on the salary, you can subscribe to a SaaS. In fact, the low initial cost of SaaS applications is what mostly attracted a lot of startups and small businesses. Add to that, there are even free trials that you can use to know if you are using the right SaaS for your business.
SaaS applications are charged based on subscription rates per user and the bandwidth usage. This means that you are only paying for what you use.
You can use your SaaS applications on almost any device. Since the storage is in the Cloud or on the Internet, you can access your company data even if you are always on the go. You can get updated anytime and anywhere on the latest information about how your business is doing. Moreover, SaaS is not dependent on a device. There is no need to buy a software and install it on a computer.
SaaS developers usually have upgrades to fix existing bugs and make their software more efficient for the users. With these upgrades, there is no downtime of computers since you are not using up too much memory space. The SaaS is using the Cloud. Add to that, you can integrate with other software that is necessary for your business operations.
Food and lifestyle are two interesting concepts that can be combined to create a very profitable business. In food alone, you can try different viands and cuisines, along with different styles of serving them to people. Lifestyle, on the other hand, is so deep that it will take many discussions before people can stipulate its core. In fact, hundreds of businesses were built around the basics of lifestyle.
If you’re thinking of combining food and lifestyle, here are some possible business ideas that you can work around with.
Custom Food Delivery with Variations
People love being served by other people – it’s a fact that cannot be removed from society. With the advent of custom food delivery, people can now enjoy freshly cooked meals delivered right into their doorsteps. Salads are popular options too because they are healthy and they often survive harsh delivery trips. Do you have a signature dish that you’ve learned?
You can now share that to the world through custom food delivery system. Another variation that you can add is a choice of any freebies or novelty items for sale. Now, you’ll have a booming food delivery business that has a touch of lifestyle essence.
Premium and Timely Content Made for You
Content creation and outsource SEO services are two of the most profitable ventures in the world today. You can make all kinds of content, ranging from articles, essays, short stories, blog posts, press releases, and many more.
Those are the traditional content products.
Why not move to an interesting horizon like SEO and offer standard monthly SEO services pricing? You can try making premium content to a selected number of people (customers). This content could be a personalized advice, a list of tips and tricks, a detailed but concise coaching program, or an empowering article with an embedded video. In this business model, you must follow the whims of your clients. Your imagination is the key.
Themed Dining with Amenities
If you are imaginative, then you can take on the path of themed dining business. You need to secure a small place then transform it into a haven based on your selected theme. This is still a very popular business model and it will continue to change over the years. To make things more interesting, you can try adding strange amenities to your themed restaurant.
To gain more insights and ideas, you can do your research or you can visit websites and forums. This will broaden your experience and give you the fuel needed to jumpstart your business.