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How CFOs Are Forecasting Sales during pandemic?

Corona virus pandemic has caused huge financial losses and taken human lives globally. Due to lock-down many companies are closed down and many of them are working remotely to maintain social distancing with an intention to save human lives till we get a vaccination. In this critical situation,many companies has adopted remote work and adopted new technology for survival. Many businesses are closed down gone into bankruptcy and many cases the future remains uncertain. Hence, it is very important to take actions as regards to falling sales and improper supply chain management. This article focuses on what is CFO role amidst this pandemic. 1. Keep your sale-steam active Work from home trend came into the scenario since March after corona started spreading. When people came to know about real threat of corona virus to human life then companies started to give facility of work from home to their employees.Most of the companies failed to provide work from ho

Current trends of adopting Cloud Technology

Cloud computing has changed the way both small and big enterprises operate. Due to COVID-19 we are compelled to work from home so number of businesses is opting for cloud based technology. As cloud technology is globally accepted we are always looking for best cloud resources for our business. This article throws light on the trends in cloud technology. 1. Prior concern is about Cloud security . Some organizations have already migrated their IT infrastructure on cloud while some organizations are still hesitating or might be worried about compliance in order to take advantages of cloud computing. They are still having security related concern. There are number of enterprises and health care industries moved on cloud because there is Data security in this cutting -edge technology and state of art. There are several IT professionals who speculate that cloud technology will implement strong security in the near future which will be as secure as on-premises or organization’s inter

Customer retention benefits during COVID-19

A successful business means having the best product in the market, selling the product by providing the best customer service, retaining customers by gaining customer loyalty. Marketing team is face of the organization and if you care for the customer than there are no chances that the customer thinks of leaving you.This article explains to you how to care for your customers and build long-term relationships for mutual benefit and influence of customer retention during COVID-19. Reduction in marketing costs Overall customer retention cost depends upon the considerable share by marketing costs. This will help to reduce the time and effort to convince customers that your products are best in the market.It is the best practice to retain existing customers which will save the expenditure than acquiring new customers. To increase sales and do up sell or cross sell you have to develop long-lasting relationship with your customers. You can educate your customers about products and servi

How to increase sales at the time of crisis

Businesses across the world are suffering an economic crisis due to the COVID pandemic. Though this is not the first pandemic that the world is going through, this is certainly the first of its kind.This article discusses how sales teams can learn how to drive business growth during the crisis. 1. No performance decision on the basis of the sales report. Business is completely affected during a pandemic and no sales happening as the sales team is not able to have face-to-face communication with the clients and they have to solely rely on virtual It is difficult to analyze the team productivity so they decide on basis of sales report but CRM Software in Mumbai ( SalesFundaa ) user friendly and extremely helpful as it provides a ready-made dashboard that monitors the performance of team members and helps in tracking new leads and handles sales effectively. 2. Meeting customer requirements Identifying and f

How to build a Successful Remote Organization?

Today companies are completely relying on their remote workforce due to COVID-19 pandemic. The Covid-19 crisis forced many businesses to work from home. Unfortunately, those companies that are not much techno-savvy who have not transformed themselves virtually are facing a tough time. This article focuses on how to build a successful organization. • Define Goals for the Team: For building a successful remote team it is important to set clear goals and objectives for your team, aimed at overall development and success at both organization and employee level. Assigning team goals with effective telecommunication will make employees will feel more engaged, appreciative of their role, and have a clear vision towards goal achievement. • Effective Hiring: Effective hiring involves self-starters, good communicators, innovative and trustworthy candidate who is the right fit for the organization. If they lack these skills work performance will be affected. A great place of effective hiri

Unique Ways of Customer Retention

Every business needs new customers for business growth but the easiest source of new revenue is with you that mean customers who already know your company and they have already purchased a product from you that are existing customers. Mere Customer acquisition is not enough customer retention is also important.Growing Companies have good customer retention as they retain their existing customers with good customer service and continue to sell.Post COVID companies are realizing the importance of retaining customers for sustaining and increasing their business. Customers with great purchasing experiences that is feel good factor are most likely to buy from the same company again. The businesses who focus on investing in customer retention, earn huge profit Implementing an effective customer marketing strategy helps you to identify, track, and sell your product to more customers who generate long term revenue for the business. This article will explain about unique customer