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7 Low-Cost, High-Impact Tech Initiatives Any Business Can Benefit From

If you are looking for ways to improve your business’s technology, then look no further. This article will provide 11 low-cost high-impact tech initiatives that any company can benefit from.

  1. Use Tech to Enhance Employee Training

Tech can be used in the workplace for everything from improving training processes, decreasing employee turnover rates and even increasing sales. For example, companies are using apps like GoFigure’s Workplace Performance App  to develop customized learning plans that improve individual employees’ performance levels. This has resulted in lower attrition rates as well as increased productivity across the board at many of these enterprises. Other benefits include reduced costs due to decreased time spent on training new hires by experienced staff members during downtime, higher quality work because individuals feel more confident about their abilities thanks to tailored job-specific instruction and happier workers who enjoy their jobs more because they properly understand how they fit into company goals.  Use tech to enhance your company’s employee training initiatives and your bottom line will thank you.

  1. Use Tech to Boost Sales

Tech initiatives can be used in many areas of a business, but perhaps one of the most notable is sales. There are dozens of apps that provide companies with an array of tools designed to boost their revenues by generating more leads and improving conversion rates. Many new businesses have been launched thanks to this technology, which takes some pressure off marketing departments who need not work as hard at getting the word out about what they sell because these software solutions perform those tasks for them automatically.  One example is LeadSift , a platform that functions much like LinkedIn’s InMail feature allowing individuals or groups within your organization to communicate directly with any number of prospects via targeted email blasts without having access to the company mailing list first.

  1. Use Tech to Improve Customer Service

Another great tech initiative is using it to improve customer service. Whether your business specializes in retail, hospitality or something else entirely, the ability to provide customers with better services will make them happier and more likely stay loyal.  Many companies are now investing heavily into CRM (customer relationship management) systems that collect data on past sales and interactions then use that information for generating personalized content down the road. For example, a company might receive an email from a client asking for advice about what kind of shoes would best suit his needs as well as their budget constraints; this provides valuable insight for future marketing efforts by letting staff know exactly who’s interested in those products so they can be targeted accordingly next time around. Other companies are using chatbots to answer simple questions or provide quick answers via instant messaging. These features can be enabled on websites for client convenience, but also serve an important role in the overall customer service process by freeing up time for human staff members so they can devote more of their efforts toward resolving difficult issues instead of answering basic FAQs all day long.

  1. Use Tech to Expand Your Business

Tech initiatives can be used in a variety of ways, including expanding your business. Today’s technology provides companies with amazing tools for finding new markets and reaching more customers across the globe. There are countless apps designed specifically to help businesses expand their reach through social media marketing campaigns that generate leads from all over the world while others provide access to online marketplaces where you can sell products or services without ever needing a physical storefront presence at all. These features have been invaluable for many small enterprises who could never afford advertising on TV or billboards but now find themselves able to get their brands “out there” because these platforms make it possible even if they don’t have much money available for such things up front.  It’s worth noting, however, that this approach isn’t for everyone. Smaller companies with limited resources might find better success by focusing their efforts on improving customer service and generating leads through social media instead of investing in expensive expansion plans right off the bat; it all depends on what your business wants to accomplish most so be sure you understand where your priorities lie before choosing one option over the other.

  1. Get More Out of Your Existing Systems

If your business is already using a CRM system, chatbot or other tech in place for managing customer service and/or sales then you can get even more out of it via online integrations. Many companies offer the ability to connect their existing software with new apps so that sharing data between them becomes easier than ever; this allows staff members to work together much more efficiently while also improving overall productivity by removing unnecessary steps from the equation. For example, if an agent receives a support ticket through your website’s help desk they might need access to certain pieces of information before being able to provide customers with appropriate solutions but there may be additional databases where such info isn’t readily available yet. Nowadays these systems are usually connected to other apps so that agents can access information from those databases with just a few clicks or taps on their screen. This makes it much easier for them to resolve customer issues quickly while also freeing up time they would have otherwise spent looking through multiple websites in search of the answer being sought after.

  1. Automate Repetitive Tasks

Tech initiatives can also be used to automate repetitive tasks that take up a lot of time and resources but aren’t likely to have much payoff. This allows employees’ efforts to go toward more important things instead while having the machine complete simpler jobs without needing supervision – all you need is a bit of programming knowledge in order to set it up! For example, if your business has hundreds or even thousands of listings on sites like eBay then updating them with new data could quickly become tedious for human staff members who may only update one every few hours. Creating an automated system where this process is taken care of by software 24/365 will allow transactions from each listing being updated as needed before buyers receive their purchased items; sellers will also have a better time reaching out to customers with any questions or concerns they may have while the machine takes care of updating their listings for them.

The possibilities are endless when it comes to how you can use technology in your business so be sure that you take some time to understand what each one is capable of before deciding which will provide you with the most value. It’s also worth noting here that even though automation tools don’t always require much programming knowledge, hiring someone who knows their way around code might be necessary if there isn’t anyone currently on staff who has experience doing this kind of work themselves – especially since many apps rely on algorithms and other types of functionality that aren’t immediately clear just by looking at the software itself! Still, good planning at the start of a tech initiative can help you avoid having to hire additional staff members later on so it’s important that you not only come up with your short-term goals but also determine what may be needed in order to achieve each one.

  1. Train Employees

One of the best ways to get value out of technology is by training employees on how it functions. This allows them to work more efficiently while also ensuring that they are able to help customers with any queries or concerns, thus taking care of any issues before they become major problems for your business. By teaching staff members about websites like Facebook and Twitter you can allow them to address customer questions regarding these platforms which will make social media marketing easier at the same time – this has a lot of benefits if you don’t want to hire someone else who specializes in this particular discipline but still need help maintaining an online presence through different channels since having too many profiles open could lead people across multiple pages instead where it’s difficult tracking their activity down afterwards.

Conclusion:

There are many ways to be innovative in today’s digital age. These 7 low-cost, high-impact tech initiatives can help any business take their marketing game up a notch without breaking the bank or adding too much time to your day! Consider how these technologies might benefit you and your company before making any decisions about where to invest for this year. The future of technology is here – so what will you do with it?

What do you think?

Written by Mansoor Akbar

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