Business & Property

How Technology Can Help Small Business Retailer To Thrive

How Technology Can Help Small Business Retailer To Thrive

There are many types of retailers all around the world. It is considered one of the most promising career path because it offers opportunities and flexibility. This year, buying habit has shifted into eCommerce due to the global pandemic. More challenges appear in business field which also affect how retailers are going to work. However, technology does matter in helping small business retailers to navigate through this hard times and thrive. 

Thriving with technology for small business retailers

Retail strategy is not ill-fated even during this gloomy time. Even with the situation with the global pandemic, the surveys show that most buyers choose to buy from small, independent local retailers. It means, small business retailers have big opportunities to navigate better. The key is to familiarize themselves with technology that can support them to make it work.

Be aware of the social awareness

Be aware of the social awareness

Today, there has been growing movement of social awareness. Small business retailers can take advantage of this situation. This way, they can put their efforts so customers know that their values are aligned with the local retailers they trust. Staying relevant in local market is just as- if not more – important as diversifying revenue by reaching out new audiences through eCommerce. 

Find ways to stay relevant

Retail entrepreneurs can use various strategies to stay relevant in local market while growing their revenue. For example, they can use digital ad geofencing. This is a strategy to reach local buyers by designing digital ad campaigns that target them based on their geographic location. Geofencing allow retailers to restrict their ads to be only seen to specific areas. This can benefit retailers in increasing traffic. 

Personalization is key

Personalization is the next key retailers can take advantage by using technology. Customer data collection is essential especially when face-time with shoppers are so limited today. Personalizing marketing messaging can help retailer build connection more with buyers. Personalizing marketing messages can be in various ways. For example, using buyers’ birthday to give special offers. The data collection will also contain information regarding to buyers’ interests. It can be used to deliver more personalized service as well. 

Track local customers’ shopping habits

Local customers’ shopping habits can be tracked using technology and retailers should take advantage of this. Retailers will be able to identify what customers like to buy or the hours of buyers tend to shop. This is valuable information to collect. With the right technology, this process is very possible. Modern retails need more actual data to be used as the base for making strategies. Data is the most important key for retailers to provide excellent service and buying experiences. 

Try the AI programmes 

AI-driven programmatic advertising is also technology retailers can fully take advantage of. It can target high-value demographics in their area. Even with limited advertising funds, small business retailers can still be able to maximize the effects. It might be a little difficult to navigate using this technology but it truly pays off when it is used properly. Continued recession is still possible in the next few months. However, small business retailers still have chance to survive and thrive using the right strategies. 

Setting Business Goals For Next Year

Setting Business Goals For Next Year

For entrepreneurs, 2020 is surely one of the toughest time to pass. The challenges and obstacles entrepreneurs are and have been going through are not something small. For sure, 2021 is expected to be the better year. Many entrepreneurs hope for something brighter to come next year. Now is the right time for reviewing and setting business goals. Sometimes, you set business goals that seem to be so unattainable making you feel exhausted even before the new year start. Hence, it is important to know how to set business goals for the new year. 

Setting business goals are crucial

Goals are important elements when building a business regardless the size. Without goals, it feels like you are running without destination. Hence, you don’t know whether or not your business has improved. Goals will help you create the best strategies you will stay in the right direction and path. 

Many entrepreneurs focus more on big goals. However, it is not always necessary to always stick to big goals. Hence, set small goals to achieve as well. When you can achieve small goals, you will be more motivated to reach even the bigger ones. Hence, do not feel inferior just because you set some small goals for your business. Every goals are equally important and will be meaningful for your business. By setting goals, your business will grow. 

Setting business goals are crucial

It is okay if you cannot set the goals in one sitting. Sometimes, it can be confusing to start setting new goals for new year. Sometimes, current problems can be so distracting that you find difficulty in setting goals. What you can focus more in the beginning of goal setting is not to think about the goal itself but what you want to accomplish. For example, you want to have better finance management. To achieve this, you will have to review and analyze your finance management. Then, you will be coming up with the goals. 

Avoid setting goals that sound too general, so be more specific with your goals. So when the times come for you to achieve those, you know whether you have accomplished them. You can go descriptive and with your goals so you can see them as clear as possible. Put some details if necessary so you can envision what to do to achieve those goals. 

After setting the goals, commit to them. Goals are nothing until you put some efforts to achieve them. You don’t have to keep second-guessing your goals. Instead, stay focused and determined to reach those goals. Track your results consistently so you know how far you have progressed. 

Implement self-discipline to achieve goals. You can do it by setting deadlines. Hence, you won’t even think about procrastinating. Time-focused goals can help you more committed. It can also help boost your spirit to achieve those goals. Also, remember to celebrate the milestone you reach and goals you achieve regardless how small they may seem to you. This is to appreciate your hardwork so you feel more motivated to achieve more. 

Real Estate Bali Seminyak is the Best Investment for 2021

Bali travellers and investor usually have their own financial plans, and Real Estate Bali Seminyak will always be ones to favourite. The reasons for this is because bali real estate investments will always have as strong and predictable cash flow. In addition, Makes investors’s future financial align more straightforward. Also in general, this investment will provide a higher return because of the uprising demand and positive leverage.

Real Estate Seminyak Bali

Much preferably, the Seminyak area which consider as top destination for travel and leisure. This area provide a never ending loop for leisure and entertainment for its visitor. This indicate that more visitor are willing to live in Seminyak area for short term and even a long term residence.So what else support this as a best investment?

Appreciation in the Market

This is an interesting indicator, because after the covid19 pandemic hit Bali’s tourism really hard. It seems that now the industry are slowly recover from the bottom hole. Furthermore the depreciation levels of real bali estate have risen significantly during these past month. And we could see a strong stimulus in the market until the end of 2020.

Improvable Real Estate Bali Seminyak

You can purchase an almost empty real estate bali seminyak, and with enough repairment, you can change it into something luxury masterpiece. So imagine that you invest in the unit for $40,000, and you budget to spend $20,000 to add extra rooms in which add up the unit interior and make it more modern. Not to mention you could also add additional unique features to it.

Real Estate Seminyak Bali

Furthermore, whenever you finish repairing your property, you could compare it to the market and state that the value is now worth multiple times than before.  That’s an effective small investment and time for a huge return. Besides directly selling it, consider to renting out instead. You would make more return investment back over the years. Not to mention, the family would have been proud with this kind of investment.

More Article About:
Sustainable Bali Property House in Ubud
Seminyak Villas – Top Factor to Watch When Buying One

Retirement Planning

Another point that makes invest in real estate bali seminyak is an interesting business is that usually by the time the unit close its investment, all of the real estate that you own with mortgage will be paid off. Furthermore, with this indication your cash flow is likely to increase for a long period of time.

Investor often consider state as a forced saving practice. In addition, you will get a passive income and significant amount as the time goes by. In which, someday you will need those amount to provide you the best treat for retirement. This is why real estate bali seminyak most likely a perfect investment for retirement.

Predictable

Unlike stocks and shares that you find it difficult to predict the interest and rate of cash flow you will get from your portfolio. Investing in bali real estate provide a huge different than those stocks and shares. In addition, you can easily predict the return you will get from your real estate portfolio.

Real Estate Seminyak Bali

Cash flow is the net spendable income that given by the investment portfolio after its operations, and mortgage payment. What we discussing here is at least greater than 10% investment ratio

Lessons Every Business Owners Should Take From Covid-19

Lessons Every Business Owners Should Take From Covid-19

2020 is surely the year of the big storm even for business industry. There are many businesses who couldn’t survive the waves and shut down completely. However, there are also few of them who have survive and keep on thriving through the waves. Those who survive have been forced to pivot. Adapting is the only way for a business to keep going during this tough time. Those who are not willing to pivot and will be left swallowed by the waves. 

Valuable lessons to learn from covid-19

Surviving crises is part of running business but the situation with covid-19 has hit very hard that it has forced many to closed down entirely. However, it is possible for many other crises in the future to happen. That’s why it is important to take lessons from the covid-19 to help you and your business more ready to face the future. 

Crisis happens

The first lesson is that crises happen and sometimes they are inevitable. Even if you have prepared your business from the bottom to the top, there will always be possibility to face crisis in any form. However, it is not about avoiding crises but more like responding to crises. It is best to make the best plan for your business but be prepared for the plan you need for the wors case scenario. It means you you plan for the worst but hope for the best. Anticipating crisis will allow you to think creatively and flexibly. 

Strong company culture can be a great asset

Lessons Every Business Owners Should Take From Covid-19

Strong company culture is also a great asset for your business to keep steady even during crises. This is what a few business had when they survived the waves of covid-19. They have mutual trust and understanding with their team members allowing them to find the best solution together while adapting to work remotely efficiently,and productively. Therefore, it is time to build strong company culture in your organization so everyone has solid foundation to face the unknown of the future in unity. 

You need strong communications

Strong communication is also a great lesson you have to take from covid-19. it doesn’t matter if you choose to be over-communicating. It is important to keep your communication steady with your customers, employees, as well as partners and suppliers. You can use various platforms from conventional to modern to maintain communication. 

Saving is important 

Save your cash. It is also a great lesson to take from covid-19. At least, you have cash that can help your business survive for 6 months. During that period, you can plan strategies to adapt with the crises without letting your business falling. Try to maintain enough resources so your business will still have full fund for operation when a major disruption hits. 

Innovation is your help

Innovate is like major lesson to take from covid-19. those who are unwilling to innovate won’t survive any crises. When you can innovate and reinvent quickly, your opportunity to stay steady during major disruption is higher. Innovation helps you to adapt to any changes with more agility, helping your business find its way to keep thriving.

Tips To Increase The Loyalty Of Your Customers

Building a reliable customer base is crucial for a business. Without loyal customer base, it will be harder to reach your goals. Therefore, it is essential to cultivate your customers’ loyalty as well as give your audience a reason to keep coming back to you. Retaining loyal customers is not an easy thing to achieve in business. Many are still struggling. In fact, retaining existing customer is proved to be harder than acquire a new one. 

Increasing the loyalty of your customers effectively

Increase customer loyalty can result in many good thing for your business such as boosted sales, stronger customers relationship, and more. Loyalty is something that you can improve of your customers. Using the most effective strategies is needed. Here are some of the tips of increasing customers loyalty you can consider:

Improve your customer service. Customer service is just as important as the product or service quality. Make sure that you know how to provide your customers of what they need. An innovative line of products can attract customers. However, excellent customer service will get you their loyalty, making them keep coming back to you. Excellent customer service is one of the most important ingredients in driving your revenue as well.

Customer

Excellent customer service can be accomplished by giving quick response to your customers’ problems, make them feel appreciated as human being, and improving services or features. For example, you can add a live chat feature so your customers can ask their questions and get the answer directly without having to wait for it days later. Make sure that your customer service department consists of people who have great communication skills, empathy, and patience.

Reward customers who make repeat visits. It is a way to make them feel noticed and appreciated as customers. When they keep buying your product or using your service, it means a great opportunity to build long lasting relationships. Thus, do not hesitate to reward them. There is wide variety of programs you can use as a reward system for your customer. Point system is one of the programs you can use to reward your customers. The more they make purchase, the higher their points, and the more rewards they possibly get. 

To increase your customer’s loyalty, it is important to gather their feedback first. Make sure they you gather their honest opinions so you know if they have good experience doing business with you. You can collect data by sending emails, using social media, or reviewing your website analytic. 

Another way to increase the loyalty of your customers is by providing social proof. This is when you have someone endorsed with your products and shared their positive feedback. Your customers will see this and able to decide if your brand is trusted or not. Social proofs can be in a form of hiring influencers, providing testimonials from your previous customers on your website, showing ratings and reviews, and many more. You can choose one or combines different social proofs to maximize your effort in increasing your customers’ loyalty.

More Article About:
Sustainable Bali Property House in Ubud
Bali Holiday Villas Guide: All About the Swimming Pool

Sustainable Bali Property House in Ubud

Investing in bali property house has always been a great deal. Enhancing with the potential of a huge financial income and sustainable lifestyle at the same time. However, the investors are shifting and in aware state of the importance of both social and environmental aspect.

Bali Property House

This usually comes when choosing a desire property and mostly that promoting more sustainable living. In addition, the properties that meet those aspect will have a good attempt on making the world the better place.

What Sustainable Property Stand For?

Sustainable properties and everything that implement environmental aspect are stand apart from daily property projects in a various of ways. For instance, including the laws and regulations that must be adhere. Also the methods used in the project and the end results which provide a positive impact to surround environment.

The implementation of double glazing, solar panel, loft and cavity wall insulation, water and waste recycle and management and other alternative energy approach are considered the most. Sustainable properties are mean to build for a long period, and to provide little impact which could lead to a bigger one.

More Article About:
Seminyak Villas – Top Factor to Watch When Buying One
4 Remarkable Ubud Villas For Short and Long Vacations
Bali long term villas agreement for foreigners

Meanwhile, potential investors and stakeholder should mind to get acquainted on bali property house they are buying and study its eco-credentials. If these aspect are met and looks good, and there is strong evidence that it follows the laws, you could secure the deal directly with the agent.

Why Shift to Sustainable Bali Property House?

Sustainable bali property house is becoming a trends. Nonetheless, it would take the time to finally fit the market and supply meets demand. Furthermore, this means that investing in environmentally friendly unit could pose a huge return over a long term. Especially by the fact that sustainable properties tend to offer higher monthly expenses.

Bali Property House Open View

For investors who consider to do a renovation, alternative choice could be purchasing a bali houses for sale that needs a repairment and build eco-friendly themself. They could impelement thermal insulation unit with eco white goods, solar panels, and new windows.

Sustainable Concept Ubud Villa for Sale

This amazing villa with sustainable concept is enclose to Ubud area. Located in a great local neighbourhood with great rice paddies view, rain water harvesting facility and proper elevation. Furthermore, astonishingly features 3 eco-cozy bedrooms with two bathrooms. Semi furnished in every corner which gives the opportunity for buyer to set up and decorate themself. Moreover, to satisfy their needs according to their taste and concept.

Bali Property House

Greatly offers 2 levels, sustainable living area , 9×2 m swimming pool , complete dining area and kitchen, good water source, electricity 3.500 W and amazing garden in the house. This is a perfect option available for Bali property house in the real estate market. Enquire this property on bali now with the available to buy on leasehold for 19 years.

Mobile Marketing For Your Business

Mobile marketing is getting more and more popular especially with how the world growing. It is because mobile devices are part of daily essentials for many people around the world. The growth of consumer behavior have developed significantly after the mobile devices come through. However, not all business are willing to adopt a mobile-first strategy even though there are many benefits to gain. 

Mobile marketing

Using mobile marketing to optimize business

Today, people own at least a cellphone. People who live in more modern settings own smartphone and use it daily which means that a mobile-first world is growing. It is important for business to adapt to the changes and growth happening around. You can actively implement a strategy to boost your business significantly by adopting a first-mobile strategy. 

One of the main purposes of adopting first-mobile strategy is to understand your target audience. Remember that consumer live and breathe mobile so why don’t you take advantage of that? It is time for you to change desktop usage over mobile to maximize your marketing strategy. You may have known that many people, such as Americans use smartphone now and they always have online access to make sure they can perform many tasks with the help of it. 

It doesn’t mean that desktop usage is no longer important. You can still use it along with first-mobile strategy. However, you will miss out a lot if you just skip first-mobile strategy. It is because this strategy can help you understand more your consumer’s behavior and interactions. Mobile data will help you a lot in making decisions and assessing consumer. 

People look at their phone many times a day. According to a survey, Americans look at their smartphones 50 times day. It means that they spend their times in digital world a lot. You can attract them more through various digital and mobile strategies such as online advertising and brand engagement. This way, you can enhance the in-store shopping experience as well as in-store pickup options for your consumers. 

More Article About:
Seminyak Villas – Top Factor to Watch When Buying One
Bali long term villas agreement for foreigners
4 Remarkable Ubud Villas For Short and Long Vacations

As mentioned before that consumers spend a lot of their time on their smartphones. Then, it means they expect a good mobile experience. If you are not willing to implement first-mobile strategy, your consumers will have a bad mobile experience. It will affect your brand. They will complain or leave negative feedback in the review sections. Hence, always pay attention to your first-mobile strategy to improve high quality design and easy navigation for your consumers. 

You can use mobile analytics as one of the major reports to let you know what is happening with your consumer behavior and interactions. This way, you will be able to understand your consumers more without making baseless assumptions. This way, you are truly informed before making any decisions. Remember that understanding modern consumer can help a lot to translate insights into more actionable strategy. This way, you have more opportunity to achieve your success in running your business. If you are not familiar with first-mobile strategy, you can start learning it now. 

Seminyak Villas – Top Factor to Watch When Buying One

Enquire an offer for Seminyak Villas can force us into a very tricky situation. Often, we are overwhelm by the task of deciding a villa with just a little amount of time inspecting the unit. Because theres so much thing we should know about the villas while the unit is only open for a short time.

Seminyak Villas

Furthermore, simplify our thinking is good to avoid any red flags in the unit. So here are five factor to watch during the inspection:

Surrounding Neighbourhood

Encounter neighbourhood noise is something to be expected, especially if you move to crowded neighbourhood. Neighbourhood might be an external factor, but mind to take time time whenever you are inspecting the house. Ask the realtor on how the daily surrounding is going on and get an advice on how to lower the noise.  Because it will affect your future agenda in the unit, you might interrupted by the surrounding if you have no clue on how to tackle the issue.

Seminyak Villas Roof

It’s vital to inspect the roof for any damage that may happen inside your unit. You’ll have to ask the roof more details, for instance: its age, missing or damaged shigles or any structural damages on the support. It will be a huge blow whenever you miss this factor while buying seminyak villas. You could potentially increase your expenses in future for a new roof or a repairment services.

More Article About:
Bali long term villas agreement for foreigners
4 Remarkable Ubud Villas For Short and Long Vacations
3 Things People Expect When Looking for a Luxury Villas Bali

The Foundation

Another factor you want to inspect is for any damage on villa’s foundation. There are several factor of serious damage that need to be repair, especially doors jamming or broken, cracks through the walls or flooring tiles, and any jammed windows and doors. These unnecessary problem isnt for buyer to fix, it will do more harm if we careless about this. After all, you should do a little research on how can you inspect the type of this problem.

Seminyak Villas Living Room

Water Damage

Among the most essential factor inside the unit, water system is the one to look for. Make sure there are no water damage inside the seminyak villas. Problem such as water stains, jammed tap water, drained pool, and moldy scent on the water damage. Basically its important to recognise the type of toxic mold, which will lead to a bigger problem if not handle properly. Furthermore, water damage is the type factor that we need to solve quickly before it can threaten the structural integrity our villa.

Methods to Hide Damage

Because your should be aware of any realtors outside, you should careful and consider any ‘hidden damage’ in the villa. Realtor often re-decorate and paint ove a mold to sell their unit more quickly, so you should keep an suspicious attitude. To avoid this trick of realtors, we should find the best and trusted realtors that offer us detail and clear condition of seminyak villas.

Seminyak Villas Bedroom

With a trusted realtors, you shouldnt spend your precious time to this issue even to responsible for the repairment. www.villabalisale.com are one of the trusted realtors that provide you with the best Seminyak villas option. With the perfect condition of each unit, clear investment report and affordable price, its a complete package to whom prospecting a new villa soon.

Gaining Positive Changes In Your Business From Economic Uncertainty

Gaining Positive Changes In Your Business From Economic Uncertainty

Many countries all around the world has started to lose up the stay at home orders and other restrictions. The new normal is also added to make sure that we can live safely. However, it is not an easy change to get adapted to. the crisis during the pandemic has brought different level of disruption to the economy as well. Thus, your business is forced to get adapted to it. Surviving is not the only thing you should focus on because even after the pandemic, your business may still have to face another challenge. 

Bring positive changes in your business

During economic uncertainty, many business leaders think hard to survive. Not all business can survive during the crisis especially those with quite weak foundation such as in finance. Facing and surviving the pandemic is not the end of the game. Your business may face another disruptive challenges that can affect it mildly or severely. Thus, it is critical to find positive changes in your business from the economic uncertainty caused by the pandemic. 

Analyse change in your business

Analyse change in your business

It is essential to analyze the changes that affect your business. There are two options in response to the pandemic. Closing your business entirely or make some temporary changes to conduct your business accordingly. By analyzing the changes, you may get some ideas to decide which temporary changes that can be used permanently. 

Changes that can stay after the pandemic

For example, virtual meeting or virtual promotion during pandemic are used a lot. Those might have to stay even after the pandemic is over if they bring positive effect to your business such as increasing the revenue. Make sure to weigh down the pros and cons before deciding to turning temporary changes into permanent ones. Your business overall availability should be taken into account when it comes to temporary or permanent changes.

Practices to hold and let go

Practices to hold and let go

It is also critical to identify practices you should keep or leave for your business. Because of the pandemic, the conventional methods are no longer work. The pandemic and the changes should make you reevaluate all the practices you have done so far to keep your business running. Gathering the real-time data to find the pros and cons of practices is necessary. Thus, you know which practices to abandon or adopt. Using real-time data, you know how practices affect your customer experience, buying habits, sales, etc.

More Business Insights:

Keeping Your Business Under Control

Defining Success In Building Your Own Business

Creating Impactful Brand Message To Gain More Attention To Your Business

Adapt and agile

Develop your ability to adapt and agile can help you survive the crisis and any kind of future disruptions. Therefore, this pandemic is also like a new learning opportunity to grow yourself better in running your business. Being adaptive means you are able to make some adjustments in response to the current situation. This kind of mentality is essential for your business to thrive under any circumstances. 

It’s a challenge

Making your business adjustable and agile is not easy. However, there must be some lessons you gain from this crisis to make it comes true. You learn how to make critical decision, make changes, get adapted, and gain new skills. Those are powerful elements you can use to run your business more successfully in the future.

Bali long term villas agreement for foreigners

Anyone who lives in Bali for a long time will consider buying property. Bali is very attractive to many foreigners with an excess of natural beauty, beaches, and atmosphere. But, is it possible for foreigners to have a property in Bali? As a foreigner, acquiring property, especially villas, is a very complex matter, due to the restrictive policies adopted by the Indonesian government. Are there other alternatives? Bali long term villas offer a solution for temporary ownership for foreigners.

bali long term villas | villabalisale

Bali long term villas with a certificate of “Hak Pakai”

Based on PP No.103 2015 Article 5, foreign nationals may only be allowed to own property with certificates of “Hak Pakai”. Whereas in another article the certificate of “Hak Pakai” is valid for 30 years, which can then be extended to 20 years and renewed for another 30 years. The length of time a foreign citizen can stay with property purchased with a “Hak pakai” is 80 years. After completion, it will automatically return to the owner of the property.

Have KITAS (Limited Stay Permit card)

This permit can only be issued by the Ministry of Law and Human Rights. The requirement to have this card is not easy either. Foreigners must work in Indonesia and can be extended after 2 years. The fact is that the total number of permits for foreigners to work in Indonesia is 6 years, while the “Right to Use” property or Bali long term villas are up to 80 years.

Bali long term villas for a simple way

Renting is a very easy way for foreigners to use the property. There are advantages and risks that foreigners must understand before finding the best Bali long term villas. Many things must be taken care of before signing the agreement. Tenants’ rights and obligations must be explained in detail to prevent future disputes.

How to prepare a rental agreement?

If you have found the suitable Bali long term villas, you should immediately negotiate the terms that benefit both parties. After reaching a negotiation agreement, the two parties sign a valid contract in force in Indonesia. It should be noted, to make a lease transaction or buy property, you should use a notary service. Why involve a notary? Aim at all legitimate and accurate transactions. The lease agreement must contain the following details:

  • Payment Deadline
  • Long agreement
  • Payment terms and methods
  • Rental considerations
  • Security deposit

Anyone who tries to buy property in Bali will most likely be overwhelmed by bureaucracy. Especially foreign workers may not own land or houses using their names. Mistakes will often occur when trying to meet the “Right to Use” requirements. Or if you are a stranger and want to have a “Right to Use” seeking agency property is the perfect solution. They will help from the selection of Bali long term villas to the management of documents. If possible, why not try it?