Business Intelligence: How to Make Your Workplace Perform Smarter
If you happen to own your own business then you will know how difficult it can be to make sure everything is running properly. Unless you are superhuman you are going to need help if you want to keep your business from going bust.
What if it was possible to work more efficiently and even cut down your business hours, without having to sacrifice anything? Here is a short guide on how to get things running more smoothly.
Typically your business is primed at selling something, whether it is products or services, however distractions from all sorts of everyday things can really hinder your success. One big issue, especially in modern day businesses, is the use of social media. How many times have you yourself been distracted by browsing Facebook or other sites? It can really take away the focus from what you need to do.
Added to this, have you found members of staff doing the same? It’s easy to choose to have a quick look, but that look could turn into minutes and then potentially hours if you are not careful. The trick is to use social media as a tool to help your business. To do this limit access to it unless you are doing something that benefits your business.
You may also find yourself being swamped with mundane tasks, such as admin or even spending time just daydreaming as you feel you have nothing better to do. There is always something to do, but the key thing to remember is that you can pass tasks on to other members if staff, to free you up to think about how to make your business better. If you are the boss, your main job isn't just to tell people what to do; it's to get your product or service to sell well!
There are many different professionals out there to choose from who will help you get your business running efficiently. Companies such as Tactical Solutions, offer a wide range of services, from getting your brand out into the public, sampling, reporting issues, field marketing and even product recalls, basically all the things you should be doing but may not have the time or resources for.
Field marketing is great as it enables you to see if your product or service is popular with the public. Consider the field marketing as a test run, you can get Tactical Solutions to gather information for you and based on the public’s views, alter or keep your product the same. If your product or service is popular then that’s great news! If not then you know what’s wrong and why because you’ve gone straight to the consumer. It’s their opinion that matters the most, so take note.
Listen to customers
The most important thing to remember is to always listen to your customers. Give them what they want. That isn’t to say if one person out of one hundred don’t like your product that you should change it to suit them, cater to the majority and you can’t go wrong. Customers are a great resource for your business as they tell you what works and what doesn’t. They are great for helping expand your business and all you have to do is keep them happy and satisfied.
Be sure to ask for feedback on any products and services you provide, be prepared for both positive and negative. Receiving negative feedback for something you have worked hard on might seem like a bad thing but it really isn’t. If you fix the issue early due to the bad feedback, you won’t have any issues in the future.
If you do an early sample for select customers, it will most certainly save you from making any costly mistakes. The customers will also give you tips on how to sell more.
Keep it fresh
If your business has been around for a while now, things might start feeling a little bit stale for consumers. You might find yourself falling into patterns of doing the same thing over and over, with no room for improvement. You should seek out where changes in your approach can lead to big wins. Have group meetings and listen to everyone who might have an idea. 888 Ladies identified an opportunity within their line of gaming products, as well as the market, to create an industry changing 3D game. This is outlined in The Making of Treasure Fair where “an endeavor like the creation of Treasure Fair involves dozens of people across numerous teams in a multidisciplinary organization like 888: creative teams, product management, development, QA, marketing, and more.”
There are many more ways to improve your business; the main thing is to make sure that you have something that you can easily sell. If you do then, seriously consider looking at how you advertise your product. It’s up to you how successful you can be!
Ryan Kh is an experienced blogger, digital content & social marketer. Founder of Catalyst For Business and contributor to search giants like Yahoo Finance, MSN. He is passionate on covering topics like big data, business intelligence, startups & entrepreneurship. Follow his latest posts on Clear World Finance & blog.