Virtual technology is changing the way we live and operate, both on a personal and business level. With the rapid development of new technologies, we’re able to conduct the majority of our business using virtual solutions, from things such as a professional answering service to virtual receptionists – you can easily set it all up online and make your life easier, especially if you run a business yourself, and you’re looking for ways to save time and money.
If you’re still not convinced or simply looking for inspiration, we have prepared a list of the five most practical benefits virtual technology can bring to your business. Read on to find out how it will allow you to shift more parts of your business online, save time and money, and expand your customer base.
Implementing virtual services into your business can significantly decrease your operational costs. There are many spendings associated with having employees coming to your office every day, and it goes far beyond the base salary. With actual employees, you need to account for extra costs such as bonuses, training costs, maintenance fees, insurance, etc. Not only do the majority of virtual services guarantee you a lower base cost than you’d otherwise have with a regular workforce, but it also doesn’t require any extra charges along the way.
It’s not only an excellent opportunity to save money as a business and invest it in its growth, but it’s a great way to minimize the number of people around your office, which is crucial in times of COVID-19.
Using virtual customer service is an excellent alternative if you want to provide round-the-clock customer service without sacrificing its quality. It may be pricey to have rotational shifts working nonstop in case someone requires customer assistance outside of your working hours, but using an online service can provide just that.
It will not only make it much easier for your customers to communicate with you about any issue they may have, but it will also leave you at ease that no inquiries have been omitted. The quality of customer service can make or break a business; that’s why subscribing to an online service that will answer your client calls for you and refer them to a specific department at your company is a great way to build up a solid client base and an excellent opinion in the industry.
Working with an advertising agency to market your product or services can become pricey, not to mention the extra costs of purchasing advertising. However, as a small or growing business, you should ensure that you’re present in the online world, as many new customers may come just from seeing you online.
It’s hard enough to gain a customer base nowadays, and it’s even harder when potential clients are not targeted correctly to find out about your products. That’s why virtual marketing is crucial to reach your potential client pool and allow them to learn about your services being available on the market.
Investing in a good website and various advertisements on social media might be a great way to establish yourself in the industry and allow people who haven’t heard about your offer yet to discover your business.
Safer Work Environment
Due to the COVID-19 pandemic, there have been restrictions regarding the number of people allowed to be together in a particular area. If that has affected your company, you should transition various departments of your business to virtual work. Apart from customer service, which we have spoken about before, you can also find online translation services, bookkeeping services, and even graphic designers – all working online.
This will provide you with good quality service (if you use trusted, reliable providers) but will not require you to interact with people in real life, which may be a problem due to the current health situation.
You may discover that you don’t require as much office space as you have before and downsize to a smaller area with all the countless possibilities of virtual help, which will simultaneously save you money that can be invested elsewhere.
Virtual technology has allowed companies to be flexible and only use the services when they have a need for them. This not only translates to money savings while paying only for the work that you need rather than a set amount, but it also allows you to cancel and renew certain services easily.
Many services offer payment on a subscription basis, with a free trial, letting you test it before you decide to spend money on it. It is a great way to save money and space without the need to commit to something fully if you don’t have to.
The new working normal may just be here, and with that comes the need for you as a business to adapt the way you operate to stay up to date with the industry. Adaptation is key to survival in all areas of life; that’s why it may be a great initiative to transition some of your work online and rely on virtual technology more than ever. You may just discover that this way of working fits your business model much more than you could have predicted, and the money you’re now able to save can be re-invested in the steady, organic growth of your business.