4 Ways Modern Technology Can Make Your Small Business Grow Faster

Technology Utilization1
Img source: inc.com

The advantages of the modern way of life are present in all of its aspects. From the way we do our daily chores, to the way we spend time each other, and of course how we have fun, it is all thanks to the 21st century technology. The advancements of technology are responsible for the advancements of human society. Without it we would still be far away from the age of information we are a part of now. It is because of this that we have it so much easier than our predecessors even from a decade or so ago. Perhaps the most convenient part of it all is how beneficial modern technology is in business.

In this article we are talking exactly about this. More precisely, we are focusing on running small businesses and using modern tech to grow it faster. Small business owners know full well how difficult it may be to experience considerable growth when there are so many medium and large scale competitors out there. However, if the owners know what to do and how to do it, there is not much that can stop them from experiencing a growth that can be felt across the board. Read on to learn more information about this and be sure to try out a few of these ways of growing your own small business.

  1. Social Media

social media
Img source: unsplash.com

Easily the most available and easy to use type of modern technology comes in the form of social media platforms. Everyone has them, everyone knows what they are, and everyone knows how to use them. But that is mostly for personal use as means of communicating with friends and family or to share media about your life. Services like Facebook, Instagram, TikTok, and even YouTube are much more than this though. First of all, they are completely free to use. This instantly makes them a much better option than many similar internet-based resources.

You do not have to pay a dime but you can have immense reach in your respective industry. Knowing how to appropriately use them for your own business is the tricky bit though. It is not so different from using it in your own time, but you do need to engage with the followers and subscribers more. As long as you share quality content that informs them of your business, your product, or your service, you will have a successful social media presence for your small company. This is the most effective way to grow your potential customer base as well as to let a lot of people know about you. 

  1. Business Software

software 1 scaled
Img source: pexels.com

Dedicated business software takes modern technology and internet to a whole new level mostly because it is conceptualized and developed precisely for a certain aspect of a business. All sides of a modern business can now be helped with the right software. From accounting and marketing to data management and analytics. If you have the appropriate software at your disposal, your operations will be more successful and your whole team will perform their duties much more efficiently.

However, before you can have such software as a part of your operation, you have to identify which parts of your business need them the most. There are of course all-in-one platforms but that could be an overkill. Maybe you need something for logistics and shipping. Perhaps you need a scheduling software, or something to overlook and review the efficiency and look for more optimal solutions. Whatever if may be, it will surely allow you to grow like nothing else before it. Doing this basically automates certain procedures and frees up the workforce for something that requires more of their focus and presence. You can check out some of the best business software and find what you need to grow your place of work by visiting tekpon.com

  1. Internet for Payment and Sales

ecommerce 3
Img source: unsplash.com

Chances are your business is selling some kind of product or service, so ask yourself this: are you only selling it from your physical headquarters or do you have some modern way of offering what you have to your customers? If the answer is the former, you have a lot of growing to do and it needs to happen as soon as possible. Either separately as an app or through software, or on your website provided that you have one, you need to implement web-based payment systems that will allow your customers to order your product or book the service you are selling.

The time of phone calls and making your way to the store has long been over. It is all about convenience in this day and age and it hardly comes more convenient than buying things off the internet. Not only will you be freeing certain employees from too much work, but you will be cutting your costs considerably. It is a one-time thing to establish web-based payment services and an internet store. It could be expensive, but it is a smart investment. Your small business will make it back in no-time and start earning you much more than the old-fashioned model ever did. 

  1. Better Customer Support

customer service4
Img source: freepik.com

Last but not least, you must think about customer service and how well you are treating the people who come to you with problems and/or questions. The average modern customer is already used to great customer service because it is necessary in order to succeed in the current industries. Technology helps with this because it allows more solutions in terms on speed and efficiency of the answers and help you offer. Answering phones and emails can be productive, but it takes time and it is not always the best solutions.

A much better thing for your small business and a huge plus among the customer base would be an automated, 24/7 chat bot that can answer all of their questions, often before they even ask them. This has become the standard form of customer service that replaces human agents who are often employees that already have another role in the company. Free them up, introduce novelty customer service tech, and everyone will benefit. 

Read More