The magic ingredient for new product development concept success is straightforward: concentrate on product discovery while simultaneously addressing the target audience’s specific problems. This is why it is critical to obtain consumer insights using various methods such as customer surveys, interviews, social media monitoring, and ethnographic studies. Also important is that product discovery should be …
Import and Export are two words that can be used to describe the same industry. They have brought a lot of wealth to many people around the globe. I don’t know if there is someone in your circle who is part of this large industry. However, if someone you know is in this field, they …
We have been experiencing change at an accelerated pace in today’s digital world. The pandemic made it imperative for organizations to rapidly adapt to changing market dynamics and keep up with customer expectations while ensuring the quality of service delivery and uninterrupted operations. This is very critical for both the short- and long-term goals that …
As an ecommerce business owner, you know that offering quick fulfillment and delivery is a must to keep customers happy. After all, the speed of shipping and delivery is connected to a customer’s loyalty to your brand. Several steps take place between the checkout and the package arriving at the customer’s door, however. If you …
Getting the right candidates will boost your company’s productivity and performance. When conducted correctly, hiring adds value but is very costly if you get it wrong. Bad hires can cost you about a third of their first annual salary. However, it can be more costly than that. The resources and time you use to train …
Starting any small business involves a lot of hard work, long hours, and inevitable setbacks. Hopefully, all of that is worth it when the business starts to see profit and success. Mistakes and setbacks are part of the course, but that doesn’t mean you can’t work to avoid them. 1. Always Put the Business First …
To be a leader within an organization, it takes certain skills, confidence, and commitment to follow through. Whether you’re the manager or the head of the company, all eyes are on you to ensure the operation runs smoothly. If you’ve always dreamt of being the one guiding others, rather than the other way round, going …
Cohort analysis is mandatory for improving customer retention. Cohort analysis reports are useful to make perfect decisions. With this, it is possible to avoid customer churn and improve business growth. The challenging part is to hold your customers stick around your product for a while. In order to do this, implement customer retention strategies. One …
Are you ready to take your business to the next level? Constant growth will be necessary if you want to stay relevant. There are plenty of plans that you can adopt in order to grow and expand your operation. Here are 5 great new methods that you can make use of in order to plan …
Business writing is one of the most critical skills your employees should focus on when it comes to professional development. However, many companies fail to understand the value of employee development until it’s too late. Based on Lorman, nearly 59% of employees said they had no employee training whatsoever, with 87% of millennials who believe …
