Growth Planning & Strategy

5 Ways to Grow Your Business in 2020

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Software Solutions

If you’re already running a successful business in 2020, then you probably already have some software solutions integrated into your business model. This makes sense since software has been responsible for making businesses of all sizes more streamlined and cost-effective in recent years. If you are still using the same software solution that got you off the ground, it might be time to search for one that helps take your operation to the next level. Instead of freeware, consider premium options with more growth-focused features.

IT Solutions

If you’re still running your company with an internal IT network, you might consider outsourcing this business aspect to a professional IT Solution. This appears to be the trend in 2020 and beyond. And no wonder. As cloud computing grows more popular, so too does confidence as more and more businesses see the clear benefits of saving money and improving their IT network’s efficiency and security. It gives you excellent storage facilities with 24-hour access, excellent security – including protection from cyberattacks – and a pool of experts on-call for you at all hours; all of this for a fraction of the cost of an in-house service.

AI Opportunities

It might seem heartless to downsize your company in favor of AI solutions, but it’s the latest business trend that you may need to follow to be competitive. Furthermore, your in-person staff can stay on payroll and perform tasks not suited to robots. But for the tasks that can be automated, AI is the way to go. Chatbots, for instance, offers customers excellent support from anywhere in the world. In 2020 Chatbots have proven extremely popular with both companies and consumers, so if you want to grow your business and meet customer expectations in 2020, then get on the chatbots express.

Social Media

Social media is an ever-shifting landscape. At first, it was only for communication; then it became good for advertising. In 2020 and beyond, social media is all about marketing and engaging customers and consumers with your brand. Furthermore, it has a lot of cross-platform potentials that is growing and developing all the time. In the new digital landscape, businesses are no longer faceless brands. They are organizations with people at the heart of them, real people who use social media. If you want to grow your business, you will have to engage with this new media form and meet your customers on their terms.

Digital Marketing

If it seems like an obvious thing to appear on a list about the future of business growth, then you’re probably right. Digital marketing has overtaken traditional marketing in many areas and now provides the main channels, strategies, and techniques needed to reach target audiences wherever they are. Your digital marketing strategy for growth will include content marketing – both written and video – PPC advertising, social media strategy, and email marketing. There is lots more besides, but these strings should be enough to get you started and on the path to future growth.

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