4 ways to use technology to grow your business
Increase your customer base
This is a good time to either own or work at an emerging business, as more operations find their footing in today’s digital-focused climate and carve out a space for themselves in their specific markets. According to recent Bank of America survey of small business owners, 73% of women and 66% of men plan to expand their business over the next 12 months.*
Having laid a stable foundation to establish your business, the next step is to grow and extend your reach. Tap into new markets, expand your customer base, and create new revenue streams to increase profitability. Cisco Webex provides a reliable communication platform to support your business goals and aspirations.
Latest SMB technology to increase profit
Resources may be tighter at a small- and medium-sized business compared with enterprises, but there are plenty of affordable ways to improve operations and expand your market footprint. In particular, the latest SMB technology can help organizations grow their business and rake in more revenue.
Keep an eye on these four technologies, in particular, to expand your business.
- Tap into social media
Social media is an important touch point for any business looking to engage directly with customers and drive more people to its products and services. Take the time to establish a presence on leading social networks like LinkedIn, Twitter, Instagram, and Facebook. These platforms are perfect for promoting new products, limited-time deals, and other enticing offers.
Growing businesses can also use social media to manage customer support tasks, addressing any questions or concerns users have in a public setting. It’s a great way to show potential customers the lengths to which your business will go to provide the best experience possible.
- Move to the cloud
It wasn’t that long ago that the cloud was viewed as a disruptive force in the business community. Today, it’s the status quo.
The cloud enables hands-off management of virtually any business process, as well as the scalability to expand functionality along with the organization. Even if your business is already using the cloud, there are likely more ways to take advantage of this technology.
With the sheer wealth of cloud-based services available, combined with their elasticity and reliability, moving core business processes to the cloud is a no-brainer for growing businesses.
- Ramp up your content marketing efforts
Virtually any organization that maintains a presence online conducts content marketing, whether they realize it or not. Running a brand website in itself is an act of content marketing. When done right, these efforts can raise brand awareness, increase your search visibility, drive high-intent search engine users to your site, and produce qualified sales leads.
There are a lot of different ways to approach content marketing: SEO-driven blogs bring users to your site, email campaigns nurture leads, and the aforementioned social media sites work to engage customers and promote content.
One important business tool that often gets overlooked is webinar software. Webinars are perfect for establishing brand authority in a particular field or market and directly engage with a large group of people, including both existing and potential customers. Demo new products, provide expert insights into the latest industry trends, or hold informational user group sessions – the possibilities are endless.
Cisco Webex Events makes it quick and easy to launch webinars supporting up to 3,000 attendees. SMBs can stream those sessions live to as many as 40,000 viewers, helping them grow brand awareness in new markets and expand their footprint.
- Take advantage of remote workforces
Thanks to the widespread availability of mobile devices, cloud services, and high-performance networks, businesses are no longer limited by the constraints of the traditional office. Flexible work schedules are quickly becoming the norm, with workers splitting time between their office, the road, or their homes.
Telecommuting enables SMBs to expand their talent acquisition efforts to new regions and markets and bring in the best employees possible. Remote workers can do their core job responsibilities from virtually any location, provided they have the technology and resources to stay in touch with office-based staff and other remote teams.
Video conferencing software that includes crisp HD resolution, an intuitive interface, and collaboration-building tools like real-time screen sharing allows remote employees to work together on shared projects anytime, anywhere.
Cisco Webex lets users record video conferences to share with team members who can’t attend them or want to go over the material covered at a large time.
The webinar capabilities discussed above keep remote workers in the loop and productive, as well. Use Webex Events to train your remote workforce, walking them through important onboarding materials, reviewing company guidelines, or bringing them up to speed on new product launches. Coordinate efforts with teams located on opposite sides of the country (or even the globe) to bring your entire operation on the same page.
Growing a business is far easier when everyone involved in its day-to-day operations has the tools and resources to communicate, collaborate, and work at the highest level possible.
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Aug 03, 2021 — Javed Khan