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Scale up your IT Business with these 5 techniques

Posted: Sep 08, 2021
Scaling a tech company in today's highly competitive market isn't easy. There is plenty of risk and uncertainty. Technology sector revenue grew by 24.78 percent in the final quarter of 2021. Here five strategies can keep you ahead of other Offshored IT Services
In today's economic climate it is crucial for tech companies to ensure that they don't be "left behind". Here are 5 strategies to stay ahead of your competitors.
Invest in artificial intelligence (AI).
In just four short years, the number and use of artificial intelligence in companies has increased by 270%. Top tech companies recognize the potential of AI in their operations, with 91.5% investing in artificial intelligence.
AI software and applications can help tech companies by generating strategies that ease decision-making. The ability of machines to learn and act like humans can help increase business efficiency and reduce time. With AI's speedy ability to learn and the advent of AI technology, companies in the tech industry can develop powerful data processing machines that can generate and extrapolate large amounts data. They are also able to handle tasks that allow companies to dedicate more of their time and budget to face-to–face tasks.
Conversational AI is becoming an every day interface. Chatbots are an illustration. These applications will soon be able to listen to conversations that are complex and understand the nuances of emotions, while advancing with time.
Protect your online brand
Social selling is now more popular than cold calling as social media usage continues growing around the world. It is essential to establish your online brand as an expert in your field with more people using social media platforms like Facebook, LinkedIn, Twitter and Instagram.
A key growth component that can come from building an online presence that is consistent is lead generation. Social selling is a great method to generate leads. These leads are then converted into customers, and you'll see the potential for growth.
Social media gives you the opportunity to create awareness and establish meaningful relationships with potential customers by establishing a thought in your target audience's heads. If your business is always accessible to your target audience, answering their questions, and showcasing expertise online, they will be more likely to think of your business when they are ready to buy.
Start small. Start small with just one social media channel. Once your social media selling strategy has been successful, you can increase your reach and begin adding additional channels. If you begin too large too quickly, you'll discover that you don't have enough time and/or resources to successfully support your social selling initiatives.
Prioritize customer experience, or CX.
51% of customers have said that they will not be doing business with them with us again if they're unhappy with their experiences.
Financially, a fully satisfied customer earns 2.6x more income than a somewhat satisfied one, and 14x as much revenue than a somewhat dissatisfied.
Customer experience may be enhanced through:
Leveraging big data
It is important to have a purpose to think about when you gather and analyse data. Big data gives you an overview of both qualitative and quantitative aspects of your company. It helps you identify trends and can assist in the creation of better products and services for customers.
The customer journey is mapped
The journey of your customer starts with the first contact they make with your business. That can be anything from watching an online advertisement or visiting your site or purchasing your products from a third-party vendor.
Adopting an omnichannel strategy
Omnichannel is when you go above and beyond to help your customers. Customers are now more connected to the internet than ever before. This means there are certain expectations regarding communication that you will need to meet. When you adopt an omnichannel strategy this means that customers are a priority and your business is equipped to accommodate their interaction needs where, when and how they'd like to be.
Fostering employee engagement
The correlation between employee engagement, satisfaction and customer satisfaction is quite simple. Employee satisfaction is directly related to how satisfied they are with the business. This will make them more likely to believe in your products. This will reflect on the way your employees offer the customer service and makes them more likely to exceed customers' expectations. 79% of businesses that have engaged employees had superior customer service than those that did not.
Use strategies to market through content
Content marketing's cost is 62% less than traditional marketing but produces three times the leads. It is estimated that 69% of the most successful marketers having a written strategies for content.
How can you ensure that your content is engaging and high-quality?
Establish your goals and KPIs
To set goals and establish KPIs, it's important to identify your weaknesses in content marketing strategies. Without them, it's possible to invest in the wrong areas for business growth and waste precious resources such as time and money. So that you can collect data and assess whether your efforts are actually reaching the goals you have established, it is crucial to set goals that are measurable.
Generate a target audience profile
If you have an existing customers, you can ask them for their feedback in order to create a profile of your audience. Ask them about their opinions regarding current content, their current needs, and the future plans. This will allow you to understand your customer's priorities so that you can develop content that is a hit with them.
Use the many online tools that provide information quickly based on brand interactions such as Google Analytics and Twitter analytics. This will help you save time and cost.
Determine your tone and content channels
Your content must stand out and be consistent in how you communicate it, whether either in writing or verbally. It needs to reach your target audience, draw their attention and make them want to interact with your content. This can all come across in your "tone of voice"; the way people will "hear" your brand through the content you produce. Your tone of voice is a mix of your values and the way your audience would prefer to be engaged with.
To determine which channels to choose, do an analysis of the market and then take a look where your customers are, and also what channel your competitors are using.
Establish the types of content, and develop a schedule for content posting
Deciding which content types to choose from is based on your market research, competitors' usage, and the resources available. The following are the most popular content types that you can use to get started:
Articles
Podcasts and webinars
Blog posts
Case studies
eBooks
eCourses
Email marketing
Infographics
Newsletters
Photos
Presentations
Promotions
Social campaigns
Videos
Whitepapers
When you've got a clear idea of the content you want to write, you are able to start planning. You might overlook the most effective chances to reach your intended audience without a plan. A plan for publishing content can help you keep track of content creation deadlines.
Consider alternative resourcing models
30% of companies are capable of filling the position within 30 working days. Other positions can take between one and four months. Alternative methods of resourcing that aren't internal are a great way to speed up hiring and increase efficiency of the business. This allows you to focus more in growing your business.
Organizations often struggle to grow because they lack the funds to invest in additional resources. Tech businesses are often confronted with sudden increases in demand or influxes of client requests in various business functions. Most of the time they aren't sure how to find the right person to fulfill these tasks. Outsourcing is a viable alternative strategy to source. It will handle the recruitment process so that you can focus on the things that matter. An outsourcing service that is reliable can set up your outsourced team in just six to eight weeks.
Hire an offshore team and you'll be able to transfer funds that can then be reinvested into your business' growth. You can make your company more productive by having an offshore team assist you.
About the Author
Result-driven Seo Specialist with a passion for all things related to search and technology. Skilled in driving business results with Search Engine Optimization.
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