Search by tag "business"
Business always demands investments, which vary depending on your activity. Furthermore, it requires training and recruitment costs, because 20% of competent team’s efforts gives 80% of result. And finally, your business should be profitable, and bring you sufficient net income. Also it's worth to mention that except space and human resources, you will spend money on equipment, furniture, electricity. If your are not going to build a big factory, are these expenses worth it?
What happens if work is done without an accounting system? Everyone works as accustomed to some people make notes on paper or in Excel, other in general don't consider it necessary to fix the process of their work.
Fortunately, industrialization reached the level when there is a way out of the situation - to automatize a customer relationship management, i.e., the integration of a CRM-system.
Today’s world of business is developing very rapidly. Data is becoming bigger, client base grows and in real time of fierce competition CRM software may make more sense than ever.
CRM or Customer Relationship Management is a software for effective marketing automation with detailed reporting, down to the per-customer level. It's a smart way to track and scale the sales pipeline.
The owners of online stores are familiar with the concept of "e-Commerce", they definitely know the answer to the question what is it. But if you try to figure out, there are many nuances and this term has more extensive meaning.