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digital strategy 5wpr

Digital Strategies for Growth

Posted on October 5, 2020October 6, 2020 by Ronn Torossian

We’re currently living in a world that’s gradually shifting towards digital. Businesses need to make this shift as soon as possible if they want to see growth and success.

Self-service

It’s fairly common these days for customers to want to access services from their providers on their own, because it’s convenient to be able to handle their own needs when they want to. What people are able to do online has also greatly shifted in recent times, and people don’t need to get in contact with a support center for every single little thing.

This has led to many businesses expanding into self-service and self-support, which has gone up over 80% in the past few months. Businesses should adapt to this trend and rework some of their processes so that their customers can have a seamless experience when searching, selecting, buying, and even returning their products and services with the press of a button.

Note the competitors

Customers everywhere are always looking for the best deal they can get, without giving the businesses that they’re making purchases from much thought. Customers can compare prices via a quick search online, and it doesn’t matter if they’re making the purchase online or in a brick-and-mortar store.

They also have a genuine need to find a value that’s based on the features that they’re looking for, alongside the price they will be paying for that product or service. Businesses should take it a step further and do these comparisons ahead of time, and provide competitive rates to their customers so that they can add value to the things they’re offering to the public.

Contactless payments

Not only is it better in terms of safety and cleanliness, but it’s also become a lot more popular with people all over the world. Up to 80% of people avoid using any of the traditional points of sale, including hardware or cash, according to a poll from Mastercard.

Contactless payments are also a lot faster to complete compared to all the other options, which goes to show that businesses that have started to accommodate their customers and started using this payment system have seen a lot more success compared to their competitors, which are still using the traditional systems.

Customer engagement

All businesses should communicate with their customers to find out how their behaviors and needs are changing. That’s no longer done in person these days, and switching it online is relatively easy.

Whether it’s surveys or polls, or any other interactive activity, connecting to customers is a great way to enhance their experience and build a community with the target audience. This way, businesses can also learn what their customers’ needs are, and even learn to anticipate any future possible needs with the right technology, and get a competitive advantage in the process.

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