Are you losing a lot of time entering product data into multiple systems? Do you often create inaccurate data entries that result in lost sales? How about losing your focus on your core functions for doing product data entry manually? These are common problems every modern-day retailer can relate to. If this resonates with you, then you should outsource product data entry to a trusted Ecommerce service provider.
Product data entry in Ecommerce refers to the process of entering information about a product into an online platform, such as a website or app, in a way that allows customers to view and purchase the product. This typically includes details such as the product's name, description, price, and images.
Some good examples of product data entry in ecommerce include adding a new product to an online retailer's website or app, or entering product information into a marketplace platform such as Amazon or eBay. In both cases, the goal is to provide customers with accurate and detailed information about the product so they can make informed purchasing decisions.
Effective product data entry is essential to successful product catalog management. A product data entry specialist, who’s in charge of this, performs the following processes on a daily basis to keep the product catalog updated with the most relevant product information:
Performing product data entry for online retailers is a time-consuming task. That’s why wise Ecommerce businesses tap a service provider to streamline their product catalog management.
There are numerous reasons why you may consider outsourcing product data entry functions. Here are some worth note-taking:
Product data entry is one of the most saturated industries today. Since it doesn’t require a college degree, a lot of professionals have penetrated the market. Here’s how you can hire the cream of the crop in a large pool of talent:
KDCI, a leader in Ecommerce outsourcing, employs the best product data entry experts in the Philippines. Our team has served some of the promising global retailers that succeeded in various marketplaces like Amazon and eBay. With keen attention to detail, our team will be responsible for entering product information such as SKU, product description, features and bullets, product tags, amazon product data entry, and more. We will help you stay on top of enriching, organizing, and maintaining your product information so you can give your customers the best shopping experience. Click the button below and start building your offshore team in the Philippines! Contact Us
Predictions about the future trends in Ecommerce have been popping out from left to right. That means online retailers are all baffled as to where their marketing strategies will shift next year. Some trends are here to stay, while others are gaining popularity at a rapid pace. With a growing list of trends emerging, we’ll reveal the biggest 2023 Ecommerce trends that only matter for your business. Read on and use whatever insights you’ll find here in this article to stay ahead of your competition.
The most recent innovations and well-liked behaviors in the realm of online buying and selling are referred to as Ecommerce trends. The topics covered by these trends might range widely, from new technology and payment methods to changes in consumer behavior and preferences. Ecommerce future trends may help organizations remain ahead of the curve by finding possibilities and keeping abreast of the most recent advancements. They can also give online retailers insights into the way that the industry is moving.
Online retail trends can directly impact the demand for particular products in the retail industry. Keeping tabs on future Ecommerce trends can give you the following advantages:
Ecommerce trends can provide you with insights into the latest technology, consumer preferences, and market conditions, which can help you stay competitive and remain relevant in your industry.
By staying on top of ecommerce trends, you can implement new technologies, strategies, and tactics that can help you increase your sales and reach more customers. For example, a business might use data analytics to better understand their customers' needs and preferences, or implement new payment options to make it easier for customers to buy from them.
Online shopping trends can also help you improve your customer experience by providing them with new tools and technologies that make it easier for them to browse, search, and purchase products online. This can lead to increased customer satisfaction and loyalty, which can translate into long-term revenue growth.
By keeping track of ecommerce trends, you can also improve your operations by implementing new systems and processes that streamline your workflow and make your business more efficient. This can help you save time and money, and allow you to focus on delivering high-quality products and services to your customers.
People are using voice search commands more frequently as they look for quicker and more convenient ways to do online searches. A growing number of individuals are utilizing their voices to do informational searches and communicate with their gadgets thanks to the popularity of virtual assistants like Siri, Alexa, and Google Assistant. Voice search is the second most common channel for mobile searches, according to Search Engine Land. As online customers hunt for ways to quickly search for products and make purchases using their voices, this trend is likely to continue in the upcoming years and become even more popular in ecommerce.
Because it enables businesses to interact with customers in a more engaging and personal way, live streaming emerged as among the biggest 2023 Ecommerce trends. Retailers may illustrate the features and advantages of their items in real time by using live video to show customers how to use them. For things like apparel or accessories that are challenging to explain or picture, this can be a very powerful marketing strategy. Live streaming enables merchants to engage with customers and respond to inquiries in real time, which can help develop trust and customer loyalty. Smaller retailers who might lack the funding for high-quality videos or other forms of marketing may find this to be very helpful. According to Retail Touchpoints, the US livestream market is anticipated to grow to $35 billion by 2024.
Chatbots are now being used by eCommerce companies to improve response times and build stronger relationships with clients. Data from Kayako shows that 41% of customers prefer live chat as a means of customer service, and 52% are more inclined to remain loyal to businesses that offer it. Indeed, live chat has a bright future in 2023.In addition, live chat can be used throughout the customer journey, from answering questions from potential buyers to helping customers track their orders and make repeat purchases.
With the widespread availability of smartphones and other mobile devices, more and more people are using their devices to shop online. Mobile devices are portable and can be used anywhere, allowing consumers to shop on the go. Additionally, mobile devices are often equipped with features like GPS and location services, which can be used to provide personalized shopping experiences and recommendations.
Mobile shopping is often faster and more convenient than shopping on a desktop or laptop computer, which makes it a popular choice for many consumers. According to Insider Intelligence, between 2020 and 2025, mobile shopping's percentage of all retail sales in the US will nearly double.
Younger people are generally more comfortable with technology and are more likely to shop online. Reaching out to this group of consumers will help you grow your customer base and increase your online sales. Consumers between the ages of 18 and 34 have dominated the eCommerce market in recent years. In fact, 67% of customers in this age group are spending more money online, far ahead of older age groups.
Social media commerce has been an Ecommerce trend over the years. One of the main reasons is that more and more people are using social media on a daily basis, making it an important platform for businesses to reach their customers. If you want to stay ahead of the curve, you should have a social media manager to support your business. This will help you grow your online presence and give your customers the most convenient customer support. Online data provided by Statista indicates that it is anticipated that global sales made through social media platforms would total $992 billion by the year 2022.
Virtual reality (VR) is the newest 2023 Ecommerce trend that has been gaining a lot of traction. It offers a unique and immersive shopping experience for customers, which can help businesses to differentiate themselves from their competitors and stand out in a crowded market. VR technology can also be used to provide customers with a more realistic and interactive way to explore and engage with products, which can help to increase engagement and sales. According to a consumer augmented reality poll by Google, 66% of respondents are interested in using the technology to assist them with their shopping.
A highly optimized product catalog is not just a trend, it’s a prerequisite for successful order fulfillment. An optimized product catalog can help you improve the visibility of your products in search results, which drives more traffic to your Ecommerce site.
Successful online retailers have partnered with a service provider to fully optimize their product catalog. It helped them streamline the product management and ordering process of their store resulting in higher revenues.
Learning the latest trends in the Ecommerce industry is one thing. Leveraging it with the right people is one another. If you want to stay ahead of your competition, then it’s in your best interest to have an outsourcing partner committed to your success. KDCI, a leader in Ecommerce outsourcing in the Philippines, is available round the clock to cater to your Ecommerce needs. Whether it is optimizing your product catalog, delivering humanized customer support, or designing high-converting digital assets, we’re here to help you!Click the button below to get a FREE consultation with one of our outsourcing experts today! Contact Us
Front-end web developers are among the most paid web developers in the tech industry. In the United States alone, the average salary for a front-end developer is $90953 per year.If you’re planning to hire an in-house front-end web developer, you have to think about the burden of adding another staff to your payroll. Not to mention the recurring monthly benefits and the necessary training to maintain your human resources.There’s a more cost-effective way of expanding your web development workforce without spending a lot—that is outsourcing to a reliable service provider. Read on to learn more about front-end web development and why you should outsource to reduce your operational costs.
Front-end web development is the practice of creating the visual and interactive elements of a website. This includes the design and layout of the website, as well as the implementation of features such as drop-down menus and forms.
Front-end developers use a combination of HTML, CSS, and JavaScript to create the user interface of a website. The goal of front-end web development is to make the website easy to use and visually appealing to the user.
There are several reasons why a company must choose to outsource front-end web development. Some of the main reasons include:
Hiring an in-house team involves a long and time-consuming process of reviewing resumes, interviewing candidates, and managing the team. When outsourcing, the outsourced professionals take care of all of these tasks, allowing the company to focus on other aspects of the business.Your outsourcing vendor is responsible for hiring the specialists who will develop the website, so your company only has to find the right remote team for your needs. This can save time and resources and provide access to a wider pool of talent and expertise.
You finally have time to concentrate on other business activities like customer service, sales, or marketing because the most complex operations are handled by your outsourcing provider. This implies that once the web development is complete, you will be prepared to launch the product or service immediately.
Building a competent in-house team of front-end developers takes time and resources that may not be available in certain projects. In these cases, outsourcing front-end development to a contractor company can be a practical solution. This approach has been tested in practice and can provide quick access to a team of skilled developers. By outsourcing, front-end development can progress rapidly and efficiently.
Your security concerns may be reduced by selecting a reputable, knowledgeable web development outsourcing company. It may be a very expensive ordeal if your website becomes infected with a virus or suffers a data breach. For instance, if a hacker gets access to consumer data, you might also have to pay legal expenses in addition to the cost of fixing the leak.Your site's present defenses might be evaluated by a web development outsourcing company. The next steps you need to take to increase the security of your website can then be determined by them. Data about your company and customers are safe in this way.
Scaling up or down your team is simple when you use an outsourced front-end developer. You can request extra developers, designers, and project managers during the early stages of development. Depending on your current needs, you can then leave as few programmers as necessary when you enter a maintenance-only mode.A team that works internally would have a much tougher time being as flexible because the workload is dependent on so many different factors.
Here are some steps you can follow to start outsourcing front-end web development:
Are you looking to hire additional front-end web developers to your team? Outsource to the Philippines and build an offshore team of highly skilled front-end web developers.KDCI, a leading outsourcing company in the Philippines, offers scalable offshore staffing solutions for your front-end web development. Our web developers have a strong background and proven experience in front-end development for web, mobile, and software. They are proficient in HTML5, CSS3, JavaScript, and PHP.Click the button below to have a FREE consultation with one of our outsourcing experts today.Contact Us
The comparison between managed services vs outsourcing has grown over the last few years. As different types of business arrangements constantly evolve every day, many ask if managed services are just a narrower concept or outsourcing, or a new breed of business model.In this article, we explained thoroughly how managed services vs outsourcing differ, their benefits, and which best suits your rapidly growing business needs:
Outsourcing is a business strategy that involves hiring another company or individual to perform tasks, provide services, or manufacture products instead of doing them in-house. The objective of outsourcing is to save money, access specialized expertise or technology, or increase efficiency.
Some common examples of outsourcing include hiring a company to handle a company's payroll, hiring a manufacturer in another country to produce goods, or hiring a call center to handle customer service.
There are several potential benefits of using outsourcing for a business, including:
Outsourcing can be a cost-effective way to get work done because it allows companies to take advantage of lower labor costs in other countries or to access specialized expertise without having to hire full-time employees.
By outsourcing certain tasks or processes, a company can focus on its core competencies and can often achieve better results and higher levels of efficiency.
Outsourcing allows companies to access specialized expertise or technology that they may not have in-house. This can be particularly useful for companies that need to tap into specific knowledge or capabilities on a project-by-project basis.
Outsourcing can provide companies with increased flexibility and scalability because it allows them to easily ramp up or down their operations as needed. This can be particularly helpful for companies that experience fluctuating demand for their products or services.
By outsourcing certain tasks or processes, companies can often improve the quality of their products or services, which can lead to higher levels of customer satisfaction.
Managed services refer to a business model in which a company provides a defined set of IT-related services to its clients on a proactive, ongoing basis. These services may include everything from managing and maintaining a customer's IT infrastructure and applications, to providing expertise and support in areas such as cloud computing and cybersecurity.The goal of managed services is to help businesses improve their operations and increase their efficiency by providing them with expert support and guidance in key areas of IT. This can help businesses save time, money, and other resources, while also enabling them to focus on their core competencies.
There are several benefits to using managed services, including:
Managed service providers (MSPs) are experts in their field and can handle a wide range of IT tasks, allowing your in-house team to focus on more strategic, high-value projects.
By outsourcing certain IT functions, you can save on labor and training costs, as well as avoid the need to invest in expensive equipment and software.
MSPs typically have the expertise and resources to implement and maintain strong security measures, helping to protect your organization from potential cyber threats.
MSPs can help you develop a comprehensive disaster recovery plan and provide the necessary tools and support to ensure your business stays up and running in the event of an unforeseen disaster.
MSPs can help ensure that your organization is compliant with industry regulations, helping to reduce the risk of fines and other penalties.
Managed services vs outsourcing are often used interchangeably, but they actually refer to two different types of arrangements. Outsourcing involves transferring certain business functions or processes to an external provider, while managed services refers to the ongoing management and maintenance of those functions or processes by the provider.In other words, outsourcing is a one-time arrangement in which a company contracts with an external provider to handle a specific task or function, such as customer support or product information management. If you want to ramp up your operations during peak business seasons, outsourcing to a service provider is the best move. You can also scale down with outsourcing during after peak periods.On the other hand, managed services are ongoing, long-term arrangements in which the provider takes on a more proactive role in managing and maintaining certain functions or processes for the company.This may include tasks such as monitoring and maintaining the company's IT infrastructure, providing ongoing support and maintenance, and implementing security measures. The provider acts as an extension of the company's own IT team, offering expertise and support to help the company operate more efficiently.
Are you planning to outsource some of your non-core business functions to a reliable service provider? You may consider partnering with KDCI that has been operating for over ten years and serving global companies.KDCI, an Ecommerce outsourcing company, offers scalable staffing solutions in the area of customer support, graphic design, digital marketing, accounting, and web development. We’ve worked with some of the top global brands in the world such as Apple, Dell, and Canon. Experience our world-class outsourcing services and build the best offshore team in the Philippines.Click the button below to get a FREE consultation with one of our outsourcing experts!Contact Us
Outsourcing finance and accounting services has been a popular practice for many years. In 2013, it was reported that the practice was growing as CFOs looked for ways to improve efficiency. After the global financial crisis, many people saw the benefits of hiring professionals in another country to do their accounting, bookkeeping, and compliance work.In this blog post, we listed down the top finance and accounting services you must outsource and how you can choose the best service provider that fits your business needs:
Finance and accounting services refer to the services provided by professionals who specialize in managing the financial transactions and records of a business. These services are essential for the proper functioning and success of a business, as they help to ensure that the financial transactions of the business are accurately recorded and reported.
The role of finance and accounting services in a business can be broken down into several key areas:
Finance and accounting professionals help to ensure that all of the financial transactions of a business are accurately recorded and organized. This provides a clear and detailed record of the financial activities of the business.
Finance and accounting professionals create reports that provide valuable information about the financial performance of a business, such as profit and loss statements and balance sheets. This information can be used by the business to make informed decisions and to track its progress.
Finance and accounting professionals help to ensure that a business complies with relevant laws and regulations, such as tax laws and accounting standards. This can help to protect the business from legal issues and financial penalties.
Finance and accounting professionals can help a business to create a financial plan and to forecast its future financial performance. This can be used to set sales targets, plan for expenses, and make other important financial decisions.
Outsourcing bookkeeping can save you time and allow you to focus on other important aspects of running your business, such as generating revenue and serving your customers. A bookkeeper can handle all of your financial transactions, record-keeping, and reporting, freeing you up to focus on other tasks.
Moreover, outsourcing your bookkeeping can also save you money in the long run. Hiring a full-time in-house bookkeeper can be expensive, especially if you are a small business or startup. Outsourcing your bookkeeping to a professional allows you to access expert-level knowledge and experience without the need to hire a full-time employee.Also, outsourcing your bookkeeping can help you improve the accuracy and reliability of your financial data. Professional bookkeepers are trained to provide accurate and reliable financial reporting, and they can help you avoid costly errors and mistakes. In addition, they can provide valuable insights and advice on how to improve your accounting processes and make them more efficient.
There are several advantages to outsourcing accounts payable management. First, it can help you save time and money by allowing you to focus on running your business rather than on managing your accounts payable.Second, outsourcing this task to a professional can help ensure that it is done accurately and efficiently, which can help prevent errors and costly mistakes.Third, outsourcing accounts payable can provide you with access to expertise and specialized knowledge that can help you manage your accounts more effectively.Finally, it can provide you with greater flexibility and scalability, as you can easily adjust the scope of the services you receive based on your changing needs.
Outsourcing accounts receivable management can help improve the chances that your invoices will be paid more quickly. This is because outsourcing this task to a professional can help ensure that your overdue customers are contacted regularly for payments.In the event that a customer has a concern about an invoice, early contact and resolution can improve the chances of timely payment collection. Additionally, accounts receivable professionals are skilled at dealing with late-paying customers without damaging the relationship.Consistent communication with customers can also improve their understanding of your billing and payment processes, which can increase the likelihood of timely payments in the future. In short, outsourcing accounts receivable management can help ensure that all of your invoices are paid more quickly and efficiently.
Outsourcing financial statement preparation can be beneficial for companies because it allows their accounting departments to focus on their core responsibilities. This can help relieve the burden on staff, who may not have the expertise or resources to handle the complexities of financial reporting.Additionally, outsourcing this task to a team of experienced professionals with in-depth technical knowledge can help ensure that your financial statements are prepared accurately and on time. This can potentially save your company money, as it may be more cost-effective than hiring one or more full-time employees to handle this task.Furthermore, outsourcing financial statement preparation can help your company maintain compliance with ever-evolving legislation and reporting requirements, which can be challenging to keep up with.
Outsourcing revenue management to a reliable service provider can help improve your business’s performance and increase your return on investment. These service providers have vast experience and expertise in revenue management, and they use the latest tools and techniques to help grow your revenue and market share.Additionally, outsourcing this task allows your internal teams to focus on other important aspects of running your business, such as operations, business development, and customer service. By freeing up your internal teams from the task of managing revenue, you can help ensure that they are able to focus on providing the best possible experience for your customers.Overall, outsourcing revenue management can be a valuable tool for increasing your profitability and resource flexibility.
When looking for an accounting service provider, it's important to consider several factors to ensure that you find the best fit for your business. Here are some things to consider:
In addition to these factors, it can be helpful to read reviews from other businesses that have used the provider's services and to ask for references from the provider. This can give you a better idea of the provider's strengths and weaknesses.
Outsourcing your finance and accounting processes to a professional provider like KDCI is an investment in the growth and success of your business. Our team of highly-trained finance and accounting experts can provide your business with the expertise and support it needs to ensure that your financial transactions are accurately recorded and reported.Our team is continuously learning to stay up to date with the latest developments in the field. As your business grows and scales, you'll need more people to handle your finance and accounting processes. Let KDCI help by taking care of these important functions for you. Click the button below and talk with our experts!Contact Us
While some industries are still recovering from the pandemic’s financial impact, there’s another growing threat on the horizon – global recession.
According to projections of top global economists, several economic factors, such as high inflation and tightening monetary policy, will plunge the global economy into recession in the second half of 2023. Businesses of all sizes are warned to prepare for reduced cash flow, lower consumer spending, and operational changes.
Over the past seven decades, the world economy has gone through four global recessions. Experts predict that the upcoming global recession will be worse than the 2008 Great Recession. As we all gear up for this incoming business challenge, you may be wondering, “which industries will be hit the hardest during a recession?”
We’ve listed the top 5 industries most affected by recession in 2023. We’ve also provided some recommendations to help businesses protect their bottom line to weather this economic downturn.
According to economists, the retail industry is among the industries most affected by recession in 2023. If retailers don’t start building recession-proof strategies early on, they may be forced to shut down their operations.
The impending recession will see a massive change in consumer spending. The majority of customers will save and cut their budgets for discretionary purchases. This means retailers who sell non-essential goods will be significantly impacted.
In addition, the decline in consumer spending will result in an inventory surplus. When customers stop purchasing, items sit long in warehouses and end up not being sold after exceeding their projected demand. To clear excess inventory stock, retailers will sell them at a lower price, putting a strain on their profit margins.
The impact of recession on the retail industry goes beyond decreased consumer spending. It’s also forecasted that the industry will face unexpected layoffs in 2023. Due to low consumer spending and inventory surplus, retailers will lay off employees as a cost-cutting measure to reduce their overhead costs.
There’s no definite day as to when your business will be hit by the recession; in fact, some are already feeling it as of today. That said, it’s important to take precautionary measures as soon as possible to mitigate the negative financial impact. Here are some strategies you can implement to make your retail business recession-proof:
During the recession, grow your Ecommerce presence and establish stronger digital connections with customers. If you don’t have an Ecommerce site or live chat support, now is the best time to invest in these digital solutions. Not only do these improve your customer’s shopping experience, but they also equip you with a strong digital infrastructure.
The cost of obtaining new consumers is far higher than the cost of retaining existing customers. Therefore, you should be focusing on retargeting customers who have already purchased from your business. You must have email customer support to keep your loyal customers up to date with your latest offers.
Having a better inventory forecast allows you to accurately predict how much inventory you can sell in a specific period of time. You should conduct inventory forecasting to anticipate a product demand by SKU on a monthly, seasonal, and annual basis. This will help you prevent stockouts and a potential inventory surplus.
Outsourcing non-core functions such as product data entry and product catalog management allows you to save on labor costs by up to 70%. This is true when you outsource to countries like the Philippines with competitive wage rates and an even more competitive pool of Filipino professionals.
The restaurant industry has been one of the hardest-hit industries during the COVID-19 pandemic. Due to consecutive closures and reduction in service capacity, the industry lost $130 billion in revenue in 2020. If business owners fail to prepare, they are more likely to experience a ‘deja vu’ effect in the 2023 recession.
Some restaurants may cut back on expenses, by reducing everything from labor costs to raw materials and equipment. When operating and manufacturing costs increase, businesses ultimately pass the burden to customers via price hikes. Consequently, customers will be less likely to go out, which results in low sales for restaurateurs.
As one of the industries most affected by recession, restaurateurs must prepare themselves to deal with the dual hit of labor shortages and supply chain challenges. Here are some ways for restaurants to stay profitable during an economic downturn:
Your customers may not dine at your restaurant due to transportation costs. To offer them greater convenience, offer food-delivery services. By allowing customers to place their orders anytime and anywhere, they are more likely to make repeat purchases and become loyal customers.
Restaurants must be open to updating their menus and pricing to reflect current food trends while providing meals at a cost that customers are willing to pay. They should also continue innovating their menus and offer creative “limited-time offers” that attract customers.
It’s critical for businesses to keep a close eye on their financials during a recession. Rather than hiring customer support staff in house, try outsourcing your order taking customer support. When you outsource, you can save yourself from having to pay employee benefits and hire only the services you need on demand.
One of the industries most impacted by the Covid-19 pandemic is travel & tourism, with a total revenue loss of over US$ 2 trillion in the last couple of years. Although the industry recovered this year, the 2023 recession is forecasted to slow down travel demand, affecting the airline and hotel industries.
Among all industries in this list, the travel and tourism industry is expected to face the lowest consumer spending. As customers reduce non-essential spending, travel spending is one of the first to be cut off, while they prioritize food and utilities.
Although travel may not be a priority for most people, it doesn’t mean your travel agency should halt its operations. Here are ways to create demand for your business and thrive during a recession.
Attracting travelers amidst recession is not as difficult as it was during the pandemic. But with the increasing popularity of hybrid work and Ecommerce, it’s become more important to market your travel offers on your customer’s preferred communication channels such as Facebook, Instagram, Youtube, and Tiktok.For instance, you can leverage graphic design for attractive ad images and you can have social media support to respond to customer queries 24/7.
You need marketing strategies that nurture your relationship with your existing customer base. Don’t let your customers forget about you, even if they don’t prioritize traveling at the moment. You can stay on top of their minds by sending regular newsletters about the best travel destinations using email marketing campaigns.
A travel phone answering service can bring a human touch to your customer service. When customers get in touch with your business over the phone, they are more likely to convert and inquire more about your service and offers.
Real estate is one of the industries most affected by recession in 2023. Recession is a time of uncertainty and fewer people will have the means nor the desire to purchase homes. Because of this, properties may stay on the market for a longer period of time. Moreover, as people struggle financially, there’s an expected increase in mortgage delinquencies and foreclosures as homeowners are unable to make their loan payments.
A recession is not necessarily a good time to sell real estate. Aside from lower demand for homes and investment properties, there’s also an increase in interest rates and construction costs driven by inflation. These will discourage many would-be home buyers from investing in real estate and force businesses to sell properties at a lower price.
If you’re in the real estate business, there’s more you can do than just passively wait for the economic slowdown to pass. Here are some ways to weather the storm.
Due to lower housing demand, your competitors are likely to withdraw from the competition scene. Take advantage of the lean competition by marketing your business and building brand awareness. Be present on multiple social media channels and use different types of marketing videos to stay on top of your prospects’ minds.
A financial crisis is the perfect opportunity for your business to adopt a nearly all-digital operation. Your property tours can be replaced by Matterport or Asteroom tours, and client meetings can be done via Zoom or Skype sessions. You might also want to create a website for your properties and use paid ads to attract quality leads.
Make sure you have control over your cash flow when profits aren’t coming in as quickly as they usually do. You can minimize your overhead costs by outsourcing and removing staff from your payroll list. When you outsource, you can turn your variable costs into fixed costs since your vendor covers your office space, equipment, and training. Not to mention, you can hire on demand, so you can save on costs during your business downtime.
Like many other industries, the manufacturing industry may also not fare well during an economic downturn. Due to an uncertain supply chain, labor concerns, and raw material price fluctuations, the industry will certainly struggle to compete and remain profitable.
With the looming recession, several manufacturers are now worrying about transportation costs, wages and salaries, energy costs, and a shortage of workers. Based on the historical data from the last recession, the industry must prepare for decreased production order volume and massive layoffs.When it comes to GDP and profitability, manufacturers typically experience a recession more severely than the rest of the economy. But the good thing is the industry has experienced faster recoveries compared to other sectors.
As one of the industries most affected by recession, manufacturers must prepare as soon as possible for the 2023 economic downturn if they want to survive. Here are ways manufacturers should adopt to build resilience.
Before the economy slips into a recession, manufacturers should be cautious about liquidity and balance sheet management. That means they should start increasing their cash flow and determining which types of investment will yield the maximum returns.
A product information management (PIM) system is among a few examples of integration for advanced manufacturing companies. PIM systems can centralize and structure large amounts of product data by keeping it in one place, accessible to all key stakeholders. As a result, it helps streamline your operations and reduce expenses and employee effort.
Manufacturing companies feel that during a recession, they must cut back on their business processes, including sales and marketing, as well as research and development. But it’s smart to take a closer look at what processes need to be protected and figure out which function can be outsourced to save on labor costs.
Outsourcing is the number one cost-cutting measure a business can leverage during recession. When you outsource to low-cost countries like the Philippines, you can save up to 70% on labor costs due to the country’s competitive wage rates and skilled workforce.
KDCI understands your business challenges and is here to support you throughout your outsourcing journey. As a leading Ecommerce outsourcing company in the Philippines that offers scalable staffing solutions, we help businesses scale down quickly during the recession. Among the services we offer are Ecommerce, finance, creative design, customer support, digital marketing, and web development.
Recession-proof your business with KDCI! Click the button below to get a FREE consultation with our outsourcing experts!
It's the season to be grateful for our peers, leaders, and awesome food!
Some say Thanksgiving is only for Americans, but actually, the Thanksgiving culture has permeated the world!
It has surely reached the Philippines where our KDCI family is celebrating thanksgiving this 2022 by enjoying a feast in the office, as well as taking an overnight trip to Laguna. This Thanksgiving, our leadership prepared a lot of delicious food, fanfare, and even an out of town trip for our workers.
It wouldn't be Thanksgiving if there was no turkey! We got some catering service to provide a spread of delicious dishes in our office so our team members can have a taste of the good ol' American holiday.
Here's our team enjoying a feast of turkey, mashed potatoes, and casserole. With food laid out and everyone eager to dig in, thankfully we got a photo taken before the festivities began.
And to make our celebration truly ours, we added some much needed cake as Filipino gatherings will not be complete without one. The cake has a dedication in scrumptious butter cream frosting, saying “Happy Thanksgiving 2022”.
It seems everyone was psyched to grab a slice. As one of our teammates said, "The cake was awesomesauce!!"
No Filipino celebration without some exciting games. To spice things up, the team played some Turkey Hunt. Here is a picture of our happy winners, all smiles with the chocolates, chips, and biscuits prizes they won.
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Sometimes, spending everyday together at work just is not enough to truly appreciate all that our colleagues and friends do for us. That's why our team took celebrating Thanksgiving up a notch and spent the weekend at Woodland Villa, Laguna.
In the beautiful resort, everyone enjoyed the sunny weather as they swam by the pool, played various sports, and kicked back and relaxed. As the sun began to set, some of our members worked together to bring about a warm and tasty dinner that everyone feasted on.
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Here is a photo of our team, wearing bright smiles after enjoying a warm and heartfelt dinner together under the summer night sky.
There are so many ways to enjoy this season. And as our KDCI family grows, this surely will not be the last celebration as each of our team events are becoming more memorable than the last.
For Thanksgiving 2022, KDCI is incredibly grateful to finally be enjoying this time amongst our precious friends and colleagues after two years of pandemic and community lockdowns. We hope everyone else is having a good time celebrating thanksgiving. Happy holidays!
Have you been sending out resumes without getting a callback? Yes, it’s frustrating and makes you anxious about whether you’ll be employed by the end of the year.
But hey! Don’t let this discourage you from finding your dream job. The last two months of the year are the busiest time for employers. They don’t have the urgency to fill in vacant job positions, and most hiring managers are already on their break.
According to experts, January is the perfect month of the year for job seekers. It’s because hiring managers will receive new hiring budgets putting candidates at a better advantage when it comes to job hunting.
While you’re waiting to start your job search next year, you may want to brush off your resume and get the best job interview tips from the industry’s top recruiters.
In this blog post, we compiled a list of FREE Microsoft resources that can serve as guide for your interview tips. Learn how to land a job faster this 2023 without costing you a penny!
First on the interview tips is building your resume and personal branding. Do you need professional interview tips for creating a resume that attracts recruiters? Do you want to learn how to update your resume after your first job? Watch this one-hour workshop and interview tips and learn valuable insights about personal branding and resume building from Microsoft’s top industry experts!
https://www.youtube.com/watch?v=XHNtRGN6EZQ&list=PLfKkNPP95NbtzNX9TajuZFtRZRDIx4B59&t=2206s
Miri Rodriguez: She’s been working at Microsoft for ten years and started her career as a Business Operations Readiness Manager. She has pivoted her career as a Senior Storyteller and applies narrative techniques to business practices.
Kamara Swaby: She’s been a University Recruiter for five years and focuses on attracting students to apply and be prepared for internships and full-time roles at Microsoft.
In this one-hour workshop, Miri Rodriguez will give you interview tips and walk you through the key elements of a personal brand. You’ll learn how to combine your skills and experience to set yourself apart from everyone else. Also, you’ll get a step-by-step guide on creating a sample brand mission to establish what you do and identify what makes you unique in your field.
Furthermore, in her interview tips, Rodriguez will demonstrate how to use storytelling in building an impactful resume. She’ll also introduce to you the concept of the Design Thinking process and how it can help you craft a resume tailor-fit to your personal brand.
After discussing the fundamentals of personal branding, Kamara Swaby will put everything you’ve learned into crafting a perfect resume. She’ll explain the goals and reasons for constantly having a resume and how to land a job faster for your next job search.
In addition, she’ll break down everything you need to know about resume building blocks—what makes up a perfect resume. You won’t want to miss out on her resume examples that show the dos and don’ts of writing a high-value, attention-grabbing resume.
Second on this interview tips is improving your LinkedIn profile. Did you know that six people get hired on LinkedIn every minute? LinkedIn is a powerful networking platform for seeking job opportunities and maintaining a personal brand. A highly-optimized LinkedIn profile can go a long way, such as in expanding your networks and landing your dream job.
If you don’t have a LinkedIn profile yet or want to enhance your existing profile, here’s a short interview tips encompassing a webinar on LinkedIn profile enhancement by a Senior Technical Recruiter from Microsoft. Learn the nitty-gritty of designing a standout LinkedIn profile that gets seen in the digital world.
https://www.youtube.com/watch?v=WIBOdB9852w
Geetika Kumar: She has been a Technical Recruiter at Microsoft for over two years. She has 15+ years of expertise in full lifecycle technical recruiting with a background in software development.
In this 30-minute webinar, Geetika Kumar will give interview tips and further discuss the important steps to crafting a winning resume that gets results. You’ll get actionable tips from writing professional headlines to optimizing every section of your LinkedIn profile. She’ll also give practical advice on how to land a job faster with a stand-out resume.
In addition, you’ll get a sneak peek at Microsoft’s application process and even internship opportunities for aspiring engineering and data science professionals.
Third and last on the interview tips is learning how you can ace that interview! Attending job interviews is the most daunting task of job hunting for most job seekers. Don’t worry! The best minds from Microsoft will have your back. Here are some free resources packed with interview tips for job seekers to ace their technical and virtual interviews.
https://www.youtube.com/watch?v=8Myx-vy0csM&list=PLfKkNPP95NbuthSnrp2nf3jqhO0gO2wnd&index=6
Daisy Isibor: She was a Senior Software Engineer at Microsoft for more than six years. Now she works as a Technical Program Manager at Meta, formerly Facebook Inc.
Ellen Thorley: She was a University Technical Recruiter for over three years and now works as a Business Manager at Microsoft for two years.
This interview tips consisting of a ten-minute session is a helpful resource for professionals in the field of engineering. You’ll learn what to expect in technical interviews in the first few minutes. Experts will also discuss different types of interview questions and introduce to you an interview technique called the ‘STAR method.’
If you’re an aspiring software engineer, you must finish this very short session. They prepared a mock interview that provided the best techniques for cracking coding questions.
https://www.youtube.com/watch?v=fRozLeshPiA&list=PLfKkNPP95NbuthSnrp2nf3jqhO0gO2wnd&index=4
Kelsea Pullin: She has spent her nine years in Microsoft as a University Recruiter and Account Manager. Now she’s currently employed at Meta as a Technical Recruiter.
Chase Thomas: Before becoming a Principal Software Engineer at Microsoft, he worked with IBM as a Software Engineer for over four years.
Virtual interviews are the new norm in recruitment and talent acquisition. In the past couple of years, about 60% of hiring managers have conducted remote interviews with candidates using video technology. That said, any job seeker should learn how to make a good impression in virtual job interviews.
In this five-minute interview tips and training, Kelsea and Chase will discuss how to prepare before, during, and after your interview. They will also give troubleshooting tips you should take note of for a seamless virtual interview.
If you want to learn more about Microsoft’s best job interview tips and practices, you may check out these free resources:
Do you want to grow your career in a company that prioritizes work-life balance and career growth? Consider applying to KDCI, a leading offshore staffing company in the Philippines!
Our company is expanding and looking for awesome people to join our team. You’ll learn a lot from our industry experts, who have worked with top global brands like Microsoft, Apple, and Canon. We also offer competitive salary packages and flexible work arrangements. Be part of our company, and power the best brands!
Click here to see our latest job openings.
If you run an online business, you're often at the mercy of your Ecommerce website traffic because you need these leads to convert into sales.But as you have experienced, it's not easy attracting quality web visitors and turning them into repeat customers. This is a common problem among online retailers with new Ecommerce websites. Since their websites have low domain authority, it's challenging to rank on search engines and be visible to relevant customers.To increase the number of potential customers who can see your products online, you must know how to drive traffic to your Ecommerce website and that is by adopting an effective Ecommerce traffic generation strategy. Check out these 10 proven Ecommerce traffic generation strategies you can start implementing today to drive more traffic into your website and generate more leads for your sales funnel!
First on the list of Ecommerce traffic generation strategy is optimization. Consumers all across the world use search engines as part of their decision-making process. More than 90% of consumers use search engines for product research and online shopping. In fact, a significant portion of organic traffic is generated by various search engines like Google, Yahoo, and Bing. That said, optimizing your Ecommerce site for SEO is crucial to enhance your visibility among your target audience.To make your site visible to search engines, here are some of the best SEO practices you should follow:
It's crucial to understand that SEO takes a long time to generate results. Content SEO, page speed, mobile friendliness, backlinks, user experience, domain authority, etc., are all critical considerations. If SEO may sound daunting to you, consider hiring an SEO specialist to help drive customers to your website. This initial step of your Ecommerce traffic generation strategy will help you build an optimized online store.
Second on the list of Ecommerce traffic generation is the quality content. Get website traffic from search engines by creating valuable content that answers your customer inquiries. Search Engine Results Pages (SERPS) only display content that is relevant to people. If you want to rank on SERPS, provide content that responds to your audience's search intent.If you're an Ecommerce business owner, focus first on improving your product and category pages with the help of an Ecommerce traffic generation strategy. These are your most useful landing pages from a revenue perspective, both for increasing conversions and providing a rich customer experience.It's quite simple to improve your product and category pages. At the very least, you need to write compelling copy for your product titles and meta descriptions. You should also include key product features in bulleted points that focus on how the product benefits the customer.After optimizing your product and category pages, you can start creating strategic content like blogs and product guides. This Ecommerce traffic generation strategy will help you drive traffic to your Ecommerce site, rank in SERPS, and lead prospects to your key conversion pages.Though you can try to do all of these yourself, many choose to hire an Ecommerce content writer to help generate high-volume content that attracts potential customers.
The main draw that attracts customers to your product on your online store is product images. This is where the third third Ecommerce traffic generation strategy tip comes in. Eye-catching product images readily improve website traffic. When a customer stumbles upon stunning product photos, they are more likely to stick around for the details. To convert prospects into buying customers, your product photos should display relevant information such as size, color, and multiple angles of the product.Customers rely on high-quality product images to decide which product to purchase. Having said that, various factors, like lighting, size, filters, resolution, and more, will significantly affect how marketable your products are. You can read up on the specifics of product photography or hire a product photo editor to help your products stand out from top marketplaces as part of your Ecommerce traffic generation strategy.
Fourth on the list of Ecommerce traffic generation strategy is building a solid social media channels. According to reports, social media is the primary driver of traffic to Ecommerce websites. Regular social media posting with links to your product pages gives you plenty of opportunities for Ecommerce traffic generation and increasing store conversion rates.You may also leverage paid social ads on platforms such as Facebook and Instagram to drive traffic to your online store. In addition, you can opt to join social media forums like Reddit and find users who may be interested in purchasing from your store.If you sell electronics, for instance, you can consider joining groups like r/gadgets or r/consumerelectronics. You're free to ask questions to learn more about your audience and the issues they face. By engaging with highly niched-down communities, you're not only generating web traffic, but you're also getting great ideas for your blog and social media content.Being active on various social media channels can take so much of your valuable time. To focus on your core business functions, many businesses hire a social media manager as part of their Ecommerce traffic generations strategy to help them generate website traffic through social media engagement.
More than half of the world’s population has access to emails. In fact, 4.26 billion global email users have been reported this year; that number is expected to grow more in succeeding years. If you're not using email for your Ecommerce traffic generation, you're missing out on a huge opportunity.Email marketing can increase visitors to your website. The objective of any email marketing campaign is to persuade users to perform the desired action on your website. While receiving online traffic via emails is excellent, it should also boost your ROI. You can only do this by optimizing your landing pages for conversions or attracting targeted traffic through email sequences.In writing emails for marketing, you should have a target audience in mind with a specific problem you want to resolve. For example, the intent of a welcome email may differ from that of a cart abandonment email. Whatever campaign you decide on, your email support team should tailor your content to your target audience and convey the desired message in a subtle and engaging way.
Sixth on the list of the Ecommerce traffic generation strategy is sharing valuable and qaulity content on your YouTube channel. Posting different types of marketing videos on your YouTube channel does more than engage your audience. You can also use it to drive traffic to your online store with the right Ecommerce traffic generation strategy.You may use the About section on your YouTube channel to tell visitors more about your Ecommerce business. Also, you can use it to briefly describe who you are and why they should care about your business while also including a link to your website. Both the description text and the Links section underneath it can contain links to your product pages.You may also discover plenty of opportunities to link to your website in the comments section. Be sure to reply to comments and questions people give about your video. If you already have content on your website that can best address a commenter's concern, feel free to drop that link.There are more ways to utilize YouTube videos to drive quality traffic to your website. You just need to make sure your video editors produce compelling videos that make prospects click on the provided links.
The days of only using desktops and laptops to browse websites are long gone. Today, 92.1% of online users browse the internet using a mobile phone. If your Ecommerce web design is not responsive to all types of devices, you may drive away a lot of potential customers. In this issue, the 7th Ecommerce traffic generation strategy arises.Page responsiveness is one of the ranking factors Google considers when deciding whether or not to rank a website on SERPs. That said, your website should adopt a responsive design.By having a responsive design, your website will adapt to the browser and screen of the visitor's device. This ensures that the browsing experience is never downgraded for users who reach your website via a desktop or a mobile device. Responsive design also entails having the perfect combination of texts and graphics for greater functionality and user experience.If you want to upgrade your Ecommerce web design, consider working with a professional web designer to help you create, customize, and add eye-catching graphics to your web pages.
Today, businesses rely extensively on live chat to communicate with website visitors. Companies that formerly preferred phone customer support and email support are switching to live chat, mainly because there is no waiting time, and it helps with Ecommerce traffic generation.Visitors can use live chats to get prompt answers to their questions by simply entering and submitting a message using a chat button. The live chat inbox is located in the corner of the website, where users can type their questions. When you receive their inquiries, you can send your response immediately, and it reaches the customer in a matter of seconds. As a result, customers will appreciate the prompt response and will increase your repeat purchase rate.Place your live chat beneath the customer's nose to keep them returning to your website. Ensure that your website's chat button is prominently displayed so they can access it immediately. Avoid hiding a live chat link on your website footer or contact page because it will make it less likely for visitors to find your live chat support.You can install live chat software to make this process easier. But it's best to have a live chat support team as part of your Ecommerce traffic generation strategy that can help you have real-time conversations with your customers.
To reassure customers deciding whether to purchase a particular product from a store, businesses display trust signals on websites and at physical points-of-sale in brick-and-mortar shops.Some examples of trust signals you may use as part of your Ecommerce generation strategy on your website are badges, third-party verifications, customer reviews, and testimonials. These trust signals perform the same function—making prospective customers feel confident about doing business with your company.The use and intent of a trust signal may vary depending on your business. For example, if you operate an Ecommerce business, consider signing up for the Verified by Visa program to safeguard credit card transactions. By doing this, you convince your customers that their money is secure and that they will receive what they paid for. As a result, they might come back to your website again, which will grow your website traffic. Once this happens, then your Ecommerce traffic generation strategy effectively materializes.
Last but not the least Ecommerce traffic generation strategy that you can consider and adopt is leveraging the PPC advertising. Pay-per-click (PPC) advertising is an effective Ecommerce traffic generation strategy you should take advantage of. If you've tried all strategies to drive web traffic yet you see zero results; you may opt for PPC to generate targeted traffic more quickly.With PPC, you can purchase an ad position on a search engine results page (SERP). Your advertising can instantly rise to the top of sponsored listings with a strong bid and high-Quality Score, resulting in quick, targeted traffic. The best thing about PPC is that you pay for each click-through rather than just the ad placement. That means you're fully in control of your budget.If it's taking too long for you to climb the organic search rankings, PPC is your best shot. Consider hiring a PPC Specialist in your team as part of your Ecommerce traffic generation strategy to help you implement a campaign for your business that will start driving targeted traffic to your Ecommerce site.
Do you need help in coming up with your Ecommerce traffic generation strategy and start attracting qualified traffic to your online store to increase conversions and sales? Hire a team of professionals in the Philippines highly skilled in Ecommerce traffic generation.KDCI, an Ecommerce outsourcing company in the Philippines, has a roster of Ecommerce experts skilled in the areas of graphic design, web development, digital marketing, and product information management. We help businesses in your industry optimize their Ecommerce website through responsive web design and efficient product data management proven to increase Ecommerce traffic and conversion rates.Click here to learn more about our offshore staffing solutions and start building your Ecommerce offshore team in the Philippines!Contact Us
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