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Know Why You Must Consider Developing Investment Plan For Your Business

 

Nowadays, almost all people are considering investing their penny in stock or bonds. But they need to understand that investing in stocks or bonds is not a cup of cake, there are numerous risks associated with it. There are numerous things that any of the individuals need to consider when it comes to investment smartly. They need to consider developing a solid investment plan before moving to any decision to leverage better results as per their desire.

 

Important Aspects You Need To Consider Before Making Investment

There are numerous ups and downs which are experienced in the market regularly, hence it becomes quite difficult for any of the individuals to make investment decisions in a matter of seconds.

 

According to the report, some of the investors make a rapid investment decision that also without considering any of the long term financial goals. There are many factors that need to be considered while making an investment decision. Explore to know which are those factors that help you to make better investment choices and help you to leverage excellent results in the short term.

 

Draw Personal Roadmap

Before finalizing any of the investment decisions, it is vital for you to take an honest look at the financial situation, this becomes more crucial when you have never made an investment before. The very first point which you need to take while making an investment is to identify your business goal and all the risk related to the investment. Investment without planning will not provide you with enough profit, whereas you can leverage a great amount if your plan and consider investing in the right place.  

 

Diversify Your Investment

One of the effective ways to decrease your investment risk is to diversify your investment. You need to consider the right platform to invest your penny and leverage more from your investment. If you have a delivery business, then you can consider investing in a swiggy clone or any other ready-made app solution as it will provide you with a great opportunity to grow your business and achieve massive success in less time. It will not only provide more value to your business but will also help you to satisfy all the customer's needs in the most effective way.

 

Maintain An Emergency Fund

Smart investors always make sure to maintain an emergency fund for a worse case, such as unaccepted unemployment, loss, or any other. Make sure to keep large amounts of savings as it can help you to give a tough fight against almost all the worst situations which you might face due to unaccepted reasons.

 

Summing It Up

There are numerous other factors like considering dollar-cost averaging, rebalancing portfolio occasionally, and many more, which can help you to make a smart investment decision. Creating an investment plan can prove to be one of the best options for any of the individuals as it helps them to leverage numerous benefits which they even haven't considered leveraging from the same investment.

 

How To Make Contactless Deliveries A Seamless Experience: Practical Tips

 

During the corona pandemic, customers around the world are looking forward to services that include doorstep deliveries. And because of the on-demand economy, they are facilitated with the same. 

 

But there is a huge difference between regular doorstep deliveries and contactless deliveries. By empowering your on-demand business with contactless deliveries, you can deliver an excellent experience to users. However, user experience weighs more when it comes to providing as per online orders.

 

Enhancing The User Experience For Contactless Deliveries: Things To Remember

It becomes crucial to keep the user experience in mind when you deliver on-demand services. According to reports, 52% of customers agree that lousy user experience delivery results in lessened customer engagement. Therefore, it is crucial for you to keep the aim high and deliver a good experience for business upbringing.

 

Meet Customer Expectations

Contactless deliveries might seem an easier task than what it actually is. It is necessary for you to set customer expectations high when you are encouraging a healthy way of performing your business. Every industry and business has its set of standards that are followed during deliveries. But as per the industry size, the product, and many more parameters, the guidelines change. 

 

Based on your product deliveries and market size, you need to adjust and change the guidelines to meet customer expectations and deliver efficiently.

 

Human Approach

Your business profits indeed come first, but your brand's human side needs to be shown before you proceed further. Therefore, it is necessary for you to consider implementing the human approach that shows your concern towards the deliveries and the delivery providers. While contactless deliveries are not a big deal to execute, it is difficult to find and seek support from delivery providers who are ready to take the risk in these times.

 

By contributing to their welfare, you can ensure that you produce the best results. For example, if a business is using app to receive grocery delivery orders from their customers, they should introduce a delivery provider-centric policy that cares for their health and well being. It will give the brand leverage over others as the business achieves the advantage of introducing policies that are inclined to providers' healthcare.

 

Communication Is the Key

What is the basic need for enabling doorstep deliveries? The delivery location specification. If you are not interested in integrating real-time mapping and any other such functions, you can simply choose the communication of providers and customers over the call to enable deliveries. It might seem less professional- but starting a business during a corona pandemic with a lower budget might force you into it.

 

However, the startups are increasingly receiving funds from companies around the world. Therefore, enabling contactless deliveries with communication through different mediums- i.e., maps, live location sharing, call, live chat, or any other is possible without having to enable physical contact. The availability of technologies of today has made it possible to find and deliver goods to customers efficiently.

 

Conclusion

Improving your app's user experience is entirely dependent on user choice and technology support. By making use of the latest tech functions, you can undoubtedly deliver excellent results without any interference because of the current situations. While you can aim at increasing your reach, you can also consider using the best approaches that meet your customer demands and improve user experience. 

Top Problems Faced With The Internet Of Things (IoT): Know-How Can You Solve It

 

During the last few years, IoT has gained huge popularity in the whole world. It is a set of technology that has empowered cutting edge connected automobiles and household items, which are not common at all for the users. Adaptation of the internet of things (IoT) is increasing rapidly as more and more users are opting for this advanced technology due to numerous benefits it offers to them.

 

Internet Of Things (IoT): Mainstream For Businesses To Transform Their Business

There are numerous milestones which the users and developers face when it comes to using the internet of things (IoT) for the betterment of society. And if there is a problem with IoT and found weaknesses while using this advanced technology for developing numerous products for the use of the customer, then businesses also feel threatened.

 

Lack of security is one of the major problems which is measured when it comes to using IoT based products at the workplace. Explore some of the other problems which businesses are facing when it comes to developing IoT based products.

 

Walled Off Internet

Report by the World Economic Forum represents, the increasing number of attacks will push the national government to push internet outbreak to a great extent. This might also result in growing regional “walled gardens.” There are many other pressures that businesses and IoT users might experience, this includes regulatory divergence, economic protectionism, and the loss of government power, which are directly related to global organizations that are operating their business online.

 

Evolvement Of IoT Device 

IoT devices are evolving with the time, everyday new devices are being launched in the market with new features and technologies. Most of the organization typically uses one device that performs well with pre-built functions and fulfills the current IoT requirements. For example,the instacart app script can be easily used for other business purposes, now what happens when customer’s requirements change? These days, they want applications that include other emerging technologies such as AR/VR, AI, Blockchain, etc. Most of the companies struggle with these IoT uncertainties.
.

 

Botnet Problems

Millions of connected devices are available in the market these days, this has opened huge opportunities for the hacker worldwide. They are continuously trying to hack to probe the connections between critical infrastructure and low-power or dumb devices. One of the most critical challenges which every entrepreneur is facing these days when it comes to security is Distributed Destruction of Service (DDoS) attacks. It cost much higher to the businesses not only in the sense of money but also to cost their reputation to a great extent.

 

Money is the blood for any organization, so you must consider developing an investment plan that matches your financial goals and resources. It would help if you thought about what and how you want to achieve business goals. There are certain limitations and hindrances, but a solid investment plan will help you in the long run and benefit you.

 

Ending Note

There are many hurdles which most businesses are facing when it comes to integrating IoT driven devices at their workplace. They have to analyze the whole business infrastructure to know whether the system which they are thinking of will satisfy all the requirements of their business in the most accurate way or not.

3 Trusted & Reliable PayPal Alternatives For International Sales

With the wide usage of the Internet, people choose to freelance as compared to full-time jobs. Freelancers choose different platforms to collect their payments; among them, PayPal is one of the popular and easiest platforms to collect payments from the company.  

 

However, it is not available in all countries; thus, many small merchants use other platforms for payments with lower transaction fees. Many sites are similar to PayPal and offer many features; hence you don’t need to stick with a single platform for receiving payments. 

 

Here are the three safe and secure PayPal alternatives for freelancers, small business owners, and merchants with low transaction fees.

 

Payoneer

Payoneer is a financial company that provides an online money transfer facility and digital payment service, more than 200 countries using it with four million active users. It is the best way to receive payments across the globe.

 

Payoneer is user-friendly and has a strong customer support system as compared to PayPal. If you have any issues at the time of transactions, you can easily talk to the customer support department to resolve the issue. You just need to create an account with your bank details; then, you will be able to send and receive payments immediately.

 

Famous companies like Airbnb, Google, Amazon, and Upwork use Payoneer to send mass payouts across the globe. Moreover, this platform is popular because it charges low transaction fees as compared to PayPal. 

 

More than 200 countries are using Payoneer, especially entrepreneurs who have startups in the on-demand segment, especially having apps like ubereats for delivery business and more; this is the ideal solution that allows them to transfer money from one place to another swiftly. Along with wire transfer, Payoneer also offers a debit card to access an online account; it means you can withdraw funds from your local bank or ATMs across the globe.

 

Skrill

Another popular alternative of PayPal is Skrill, it is best, and they also have an iPhone and Android application so that you can make transactions easily from your mobile.

 

Skrill is owned by Skrill Limited Company, registered in the UK, that allows you to transfer money. Another major advantage of using skrill is that you only need an email ID and password to transfer money. 

 

It is fast as compared to other platforms, and most importantly, it is secured. No one can see your details while you make payment at any place. If you are thinking about transactional fees, it charges low fees, and the bonus point is that your first transaction is totally free.

 

Google Wallet

Google Wallet service is for everyone; you can integrate Google pay with your existing website and eCommerce store. It is currently only available in the USA and UK. Like many other Google Services, it is free and does not charge anything for sending or receiving money.

 

Many freelancers use Google wallet to collect their payments. It is similar to PayPal, but you don’t need to enter credit card details, which makes checkout easier.  

 

For small businesses, accepting payment via Google Wallet can help to increase conversions, just like any other payment solution.

 

Conclusion

Along with these, there are many PayPal alternatives; you need to choose based on your payment requirement needs. Next time if you want to make online transactions other than PayPal, choose wisely and make the decisions which can be profitable for your business in the long run.

Types Of DoS Attacks: How They Cause Disastrous Effects?

 

Denial of Service (DoS) attacks have become an increasing threat to every business today. As the global digital population climbs new heights, the users around the world seek online services than any other form, and it has led to the growth of on-demand services.

 

But the cybersecurity threats are also contributing to making it difficult for users to access services in time. And DoS is the most used and successful attack of cybersecurity.

 

DoS: What Is It?

 

Denial of Service attack primarily focuses on disrupting the services from the servers so that no client can access them, and the service providers have to deal with multiple client complaints and unavailability issues. It becomes stronger where there is a distributed network available as the results of DDoS attacks are even worse.

 

There are two ways hackers can execute these attacks on the servers:

 

1. By bombarding a tremendous amount of traffic to the server, which slows down the processing and continuous querying leads to the unavailability of information and services

 

2. By crashing the server. The hacker attempts to fire too many queries at once that not only slows down the server but results in a crash if the attack continues.

 

There is no malicious use of traffic or server data in this attack. However, DoS can cause loss of a significant amount of time and require the service provider to invest in more money behind the damages done to servers.

 

Types of DoS Attacks

 

Based on the approach used, DoS attacks can be further divided into types that signify how a particular attack takes place on the server and produces harmful effects.

 

ICMP Flood Attack

 

In this attack, the hacker uses the trick of pinging all the devices available in the network rather than pinging anyone. And it results in servers getting loaded heavily with unnecessary information and data that slows down the services. To complete their purpose, hackers use the misconfigured devices of the network and start pinging all the devices present. That's why this attack is also called a ping of death or the smurf attack.

 

Buffer Overflow

 

Buffer overflow is another important type of DoS attack that can affect all kinds of software and applications. For instance, you have developed a gojek like app and get multiple requests from the same user that may result in damage files, corrupt data, or even reveal private information. If the code is overwritten, it may give you incorrect results and app crashes.

 

SYN Flood Attack

 

The server is attacked with requests that do not complete the handshake. The server receives the connection request, but as the handshake is not completed, the server waits for the handshake to occur that slows down the services. As this happens repetitively, it ultimately results in slower loading and service experience, which draws the users away.

 

Target System Vulnerabilities

 

There are multiple types of DoS attacks that specifically target the vulnerability of a system. These attacks occur from the sources which already have information about the server and later targets its vulnerable side to affect the services offered.

 

Lost Time and Money

If your website has faced a serious DDoS attack, then it will take a huge amount of time and penny to solve the same situation. If you can't find the main source for the attack, then there are great chances that you have to build the website from scratch again. Hence make sure to keep the backup of your website once a month, this can help you to restore all the things easily and simply whenever you want.

 

Conclusion

 

Distributed DoS attack remains one of the most effective attacks as it includes multiple devices firing up the traffic to the server to slow it down and make the service unavailable. However, there are numerous effective measures that developers can put in effect to save a server from getting hacked or crashed again. Using the best practices of cybersecurity, the risk of DoS can be lowered easily.

Wedding Without Blowing Your Budget: Know-How

 

A wedding can be one of the biggest and most memorable days in anyone’s life. A wedding is the only way to cherish the memories & happiness of love between two families and the soul. Many things are taken into consideration for a beautiful wedding, start with a budget, venue as soon as possible. Budget is an important thing to organize things wisely. Here are some tips to plan an affordable wedding. So make a list of all major expenses, cut the unnecessary costs to save money.

 

Set A Realistic Budget 

 

Personal finance consists of all wedding cost which covers attire, food, and beverages, venue, decorations, lights, and so on. So take a deep breath and make a rational budget that how much it would cost. Coordinator or local contract agency is the best alternative than hiring some wedding planner. A wedding planner costs you more. Instead of designing and buying costumes, hire it from the reputed studio. uber for laundry is a smart option to go with as it saves time and bulk clothes can be washed within a couple of days. 

 

Venue 

 

Half of the wedding costs we have to spend at the venue. There are two sorts of venues, like an open yard which excludes food and decoration costs and another one is Hotel which includes food cost and decoration costs. If you stick with a budget then the first option is economical because we can choose the menu on the basis of taste and season. If you go with the hotel, then it will cost you more because they provide rooms to get ready. And try to fix a date on working days as compared to Saturday, Sundays. 

 

Real flower can cost you cheaper than fake

 

Another cost-effective way to decorate a venue with real flowers. Fake flowers will cost you more, real flowers are expensive this is a myth. As we can directly pluck it from public places like parks and gardens and decorate with it. No doubt fake flowers are long-lasting but real flowers look beautiful in decorations. 

 

Other out of the Box Ideas to cut the cost of wedding

 

Instead of hosting a wedding in a private park, inquire about school playgrounds, collage backyards, community banquet rooms or buildings that can be the cost-effective and perfect place for a wedding. When it comes to catering, contact the chef directly with your pre-decided and customize menu. As he will offer you an affordable price on the basis of a number of dishes after considering a meal plan like veg or non -veg. 

 

Memories to be cherished lifetime so we can not forget photography. Instead of hiring a professional photographer, find someone in your family or friends who is good at photography and capture beautiful moments of a happy face. If you buy a standard high-resolution phone to store pictures and videos, it will be less expensive.  

 

Wrapping Up

 

Above are the tips to host your wedding in the budget. So take a diary, set realistic expectations, set some goals which should be flexible and start working on your budget. So focus on it and make your day memorable as well as enjoyable. 

 

What Are The Aspects To Consider When Buying Land?

 

Buying land is considered to be one of the secure and safe investment alternatives we have today. We live in a concrete jungle and the real estate market is booming. New big projects are introduced everyday like for school, for malls, for industry or it could be anything. It’s natural that everyone wants to invest their hard-earned money in a safe hand. Buying land is one of the smart decisions you can ever make. Thus, numerous things should be taken into consideration before buying a piece of land like budget, location, market value, loan facility, etc. 

 

There are some aspects attached to this. You need to check all the original documents like legal papers, ownership, certificates and so on. To avoid fraud and miscommunication, you need to contact the property consultant. This article is all about which parameters should be taken into consideration when buying property. 

 

Original Documents 

 

Original papers are a set of documents that consist of ownership of land. Title deeds are a set of documents that present ownership and can claim in the future for that property.  This document reveals the history of the land, originality, sellers’ rights, property evaluation, loan amount, etc. 

 

Finding the right place 

 

Choose your preferred location and start research on that. If you want to build a farmhouse then find places outside the city. If you want to buy land for a short time, find a commercial place which can later give you profit. Make sure you only consult a famous builder who has a good score in the property market. 

 

Land that meets future needs 

 

Buying land does not mean you just change the ownership, you will meet regular issues like repairing and maintance work. Be sure you have enough funds to meet unexpected expenses. The app like uber for handyman helps consumers in many ways to fix small repairing works, find professionals and hire them quickly. 

Electricity and water resources 

 

When you buy land at any place, you need to check the water and electricity connection first. If water is supplied by the government but its not adequate to you so what is the installation process and extra charges for water connection. Same with the electricity connection you need to check per unit cost and try to go with power saver gadgets. 

 

Regular Amenities

 

Make sure amenities like food, clothes, medical are easily accessible nearby areas.  Before investing, fix a meeting with broker and ask about some utilities like water, natural gas, transportation connectivity and many more.

 

Signing off

 

Before buying a property you need to test the soil. It is directly connected with market value and future rates.you can consult a local engineer for the land tests he will guide you in a better way. After considering basic amenities you should think about natural disasters like earthquakes or flooding, how it will affect land and what are the precautions should take to avoid it. Whether you are purchasing land or home, do consult real estate agents or property lawyers and seek tips about the property. 

4 Essential Factors to Consider Before Financing a Mobile Application

 

Businesses are moving towards the digital era. The introduction of mobile applications for businesses has benefited them the most as they can offer services and products to customers through the app solutions and earn more revenues. Therefore, the investment behind mobile app development is increasing and it demands financial support as the development tools and the experts are harder to find and even difficult to acquire.

 

4 Factors to Keep In Mind When Financing an App Solution

 

To earn revenues through the mobile app developed, it is essential to ensure certain functionalities are present in it. An application gaining a huge number of downloads can turn out to be a profitable asset if put at the best use. Therefore, an app solution fulfilling all these criteria is the one that earns profits and increases business reach.

 

App Necessity

 

Check if an application is really necessary to be launched in the market. If there are similar apps already serving customers with the best services possible, there is no point in adding one more in the queue. While the app solution you intend to release must be unique and innovative, the concept you have chosen must form a customer perspective and the necessity of it to define why a user chooses to use the app solution developed by a business.

 

Device Fragmentation

 

The app solution developed should be able to run across different devices. It should offer the same user experience through the device difference. The more your app solution delivers excellent results, the more users will be attracted. However, the app experience should remain the same across all platforms and devices. 

 

Development Cost

 

Development costs matter the most for businesses. As small businesses do not have developers on board, they seek expert consultation who can help them develop an excellent app solution. For example, if an organization is planning on releasing an app like uber for house cleaning, they would find an expert team of developers in the market that can help them develop an excellent solution from the features and functionalities described.

 

However, it is important to keep the cost constraints in mind and find experts who can help in developing excellent solutions according to the mentioned features in lesser time and within budget.

 

App Marketing

 

The app won't sell in the market by itself. It is important to market the use of app solutions in the market using appropriate marketing and promotions policies that can attract more target customers who are using the app solution on a regular basis. Therefore, excellent marketing strategies are required to be put into effect and the results can be obtained by the support of an expert marketing team that understands how the app can be used by users.

 

Conclusion

 

The success of an app depends upon the criteria taken into consideration other than just app development. Therefore, it is important to consider taking up an allrounder approach that helps deliver excellent results and also ensures the business keeps on profiting through an excellent app solution that is developed and delivered in the market fulfilling all the user and business requirements thoroughly. To save on the investments done, it is necessary to ensure the app concept is chosen rightfully to get it accepted among users. 

 

Importance of Quarterly Objectives for the Success of Your Business


Setting quarterly objectives is the best solution to achieve the desired outcome for every business. The entrepreneur can focus on short or long term objectives to get a clear understanding of the work that they have to accomplish. One of the success keys for almost all the businesses is Setting short term objectives to reach long-term objectives in the nearby future. 

 

Short term objectives can be achieved in a short time span and provide a clear picture to reach the long-term objectives, the chances of failure and loss occurrence also decreases when businesses are moving ahead with short term objectives for their business. 

 

Few Reasons That Explain Why Quarterly Objectives Are Beneficial for Businesses 

 

Quarterly objectives provide more meaning to everyday tasks and also the reason for making any decisions. 9 out of 10 businesses fail to execute the objectives for their business due to some reasons. 

 

According to a Harvard Business Review, almost 85% of companies' executive teams spend only one hour per month discussing their quarterly objectives while 60% of businesses think that it is useless. But they have to understand the importance of setting the quarterly objectives for their business and also have to know what are the benefits that they can gain by setting it. 

 

Maintains Sustainable Growth 

 

Maintaining sustainable growth for the business is not an easy task for any of the business nowadays. The competition in the business market is getting tougher day by day for all the businesses. Most of them are opting for an excellent technological solution for the business to drive more customers and maintain continuous growth. And by setting the quarterly objectives you can make your business ready for growth based challenges of the future.  

 

Improves Employees Performance

 

Businesses who are willing to set the path of professional development for their employees must surely set quarterly objectives for their employees. By doing so they can make them understand their responsibilities. Employees can be encouraged to work more enthusiastically by setting quarterly based incentives and reward programs. 

 

Track All the Activities of Your Employees

 

You can track your employee's daily activities to know their performance. For example, if your employees are offering plumbing service to your customers through advanced platforms like uber for plumber then you can easily monitor and control all their activities. If you find that they are serving in the best manner to your customers then you can offer them rewards or incentives, this can encourage them to serve in the same manner and enhance your customer experience. 

 

Final Note

 

For ensuring the success of your business, it becomes important for you to set quarterly objectives. Take your own time to set the objective. Start with setting the short one which can be achieved quickly, once you achieve the shorter objectives you can move ahead for setting a big one for your business. 

 

Not a single business can predict the future of their business but by setting the quarterly objectives they can definitely plan for the future. By making your business future-ready you can surely ensure an increase in your business growth and sales for very long run. 

Implementation of ML & AI Enhance Your Business Process


 

Machine learning and artificial intelligence are topics these days because most of the businesses are implementing these advanced technologies in their business process. They know that by implementing it they can easily improve their business ROI and performance to a great extent. Today most of the businesses have stepped ahead to digital transformation and have adopted various machine learning-based tools and artificial intelligence to automate their business process.

 

According to a report, businesses are investing a huge budget on advanced technology like machine learning and artificial intelligence, the investment is predicted to triple in the future and is expected to reach $100 billion markets by 2025. In one of the Harvard Business Reviews, it was mentioned that the investment by the organizations on machine learning has exploded and has reached $5 billion in the last few decades. 

 

Benefits Gained By Businesses After Opting Machine Learning and Artificial Intelligence

 

Machine learning and artificial intelligence are enabling most of the businesses to optimize their business processes. It not only helps businesses to engage their employees to work more effectively but also helps them to satisfy customers with the best of their business services. During the survey, near about 30% of businesses agreed that technologies like ML & AI are going to be one of the biggest disruptors for all the business sectors. It will affect the workflow and workplace of the business to a great extent.  

 

Automate Whole Business Process

For most of the business startups, every minute of their business is very important to win the business game, hence it becomes mandatory for them to automate their business process and save huge time that can be utilized somewhere else. But streaming business operations and make them time effective was one of the biggest challenges for the businesses before the advent of modern technology. 

 

Automating routine tasks is an initial step that has to be taken for streamlining your business operations. By automating business routine tasks businesses can easily free up the huge time of their employees that can further be used more effectively somewhere else for improving the productivity of the business. Some of the routine tasks like appointment reminders, sending an invoice, email, etc can be automated by modern technology like ML & AI. 

 

Offers Best User Experience

It really doesn't matter what business you are running, whether you are running transportation, food delivery, handyman, or marketing. User experience plays a crucial role when it comes to business success. If the customers are finding it difficult to navigate your application then they will surely live it and move to competitors app. 

 

To offer customers with better browsing experience you can use ML & AI technology for developing the app and website for your business. Even you can create handyman app like uber for your marketplace business for offering the best experience of our customers. This advance developed app solution will navigate your customers in a proper manner, while using this app solution your customer will never think of putting their head elsewhere as they will get the best experience each time they use the app solution for ordering your business product or services. 

 

Helps to Detect Frauds

According to a report, most of the businesses lose around 5% of their business revenues each year due to fraud. But by developing the model based on historical transactions and other external data businesses can easily detect frauds that they faced due to any of the reasons in their business. The machine learning algorithm can be used as pattern recognition to recognize the frauds in real-time. This can not only help businesses to detect frauds that have taken place previously but will also help to prevent the frauds that can happen in the future. 

 

Increase Profitable Customers 

All the businesses are trying their best to get more profitable customers for their business but due to some reason, they fail to do it. Most of them face it challenging because they do not know what to offer them and what to do to turn them into leads. But with the help of machine learning, you can easily identify your ideal customers and can offer them the best option to which they will surely respond, this will definitely result in an increase in profitable customers. Not only this it will also improve your sales rates and your ROI by increasing your business sales. 

 

Summing Up

Implementing machine learning and artificial intelligence can surely result in benefiting your business from all the ways, but implementing it for the whole business part at once is not an easy task. Hence you must start to form the small parts of your business and then slowly must implement in the whole business. Before taking any decision search for all the pros and cons of implementing it to your business and then move further. 

 

Few Important Factors to Consider for Improving Online Reviews for Your Handyman Business


During the last few years, a lot of changes have taken place in the lucrative handyman business. The household real income has increased in 2015 compared to that it was in 2014, in 2015
estimated income was $53,718 which was high compared to $56,516. The income is going on increasing with each passing day, In 2016 the average handyman earns around $37,000, their income is increasing with each passing day as the demand for the handyman services has been increased by the customers.

 

Benefits of Improving Online Reviews for Your Business

Positive online reviews can have a great impact on your business, it can affect both the quality and amount of your business leads. If you want to grow your business and want to attract more customers then it becomes vital for you to enhance online ratings and reviews for your marketplace business. This can not only help you to reach more clients but will also help you to drive more attention to your handyman business. 

 

Build Trust

Trust is one of the primary factors and plays a vital role when your customer is deciding whom to appoint for completing their household chores. Before hiring anyone they check online reviews if they find more negative reviews about your marketplace business then they will surely avoid to hire you, hence you must try to improve positive reviews for your marketplace business. Positive online reviews can help in building trust and also helps to earn more from your business. 

 

Increase Your Business Sales

If you have a few positive ratings on your app or business website then your customers will surely hire you. After seeing online review customers will make up their mind for hiring your service, they will schedule the work by placing a request through an app. 

 

Few Simple Tips to Improve Your Online Reviews

In the era of technological advancement, smart devices are spreading widely at the lighting speed and most of the businesses are utilizing the power of software tools. If you want to grow your business then ask developers to make uber like app for your business, this app solution will not only ensure business expansion but also help you to provide the best of your business services to your prospective customers.

 

Ask for Review

Users these days have a very busy schedule, even if they do not have 2 minutes for offering their reviews about your service. Even if they liked your provided service they will instantly forget you as soon as you are out of their sight. Hence you must ask for a review after the completion of the job. Also, ask them to rate your service at a scale of five. You can ask for a review and rating by simply saying them "if you liked my service then please provide your valuable review and rating online". If you get negative reviews do not get upset try to improve your service and also try to offer better service to your ideal customers.

 

Make the Process Easy

If your customers want to offer their review but they find the process more complicated then they will step back. Hence you must keep the rating and reviewing process as simple as possible. If your customers forget to review your service then you can send a reminder email and ask them to review your service. If you find that your customers have offered an excellent review of your service you can even thank them by sending them a thanking note, this can also help you to improve your relation with your customers. 

 

Incentivize Customers To Give Reviews

You can offer a small token of appreciations like gift coupons, vouchers, etc to your customers when they submit their valuable review. Communicate clearly and make your employee understand that you will reward satisfied buyers if they prefer to invest in providing feedback about their experience gained.

 

Conclusion

Customers reviews are valuable assets for your business which not only helps you to grow your business online but will also help you to build trust among your customers. You can improve your online review with a few simple tips which are discussed above, apart from that you can also use other ways like sharing your business story, rating other businesses, etc. Always keep in mind that online reviews are the primary part when it comes to having excellent online presence. 

On-Demand Apps Are Changing the Way We Utilize Various Services


Nowadays people are going online for accomplishing their day to day tasks as their lives have become so hectic. Most of them are dependent on various marketplace services to satisfy their requirements online. They like to buy or sell everything online with few taps on their smartphones. They also hire professionals using various apps, they search for taskers who can complete most of their household chores easily and neatly. 

 

Why Entrepreneur Must Opt for an On-Demand App Solution?

The on-demand economy is growing rapidly and has completely changed the way businesses carry out their business. The on-demand economy has revolutionized businesses and also had provided the best possible solution to the customers using which they can instantaneously get each and every product or service at their doorstep. If you are thinking to develop an on-demand app solution for your marketplace business then there are a few things which you must take into consideration. 

 

Interface Design

Having an interactive and user-friendly interface is one of the most important factors which you have to consider while developing the app like taskrabbit clone for your marketplace business. If your app has an excellent UI/UX design, then it will surely help you to drive numerous customers toward your business. While using your app solution users must feel that they are using one of the best platforms which is user-friendly. They will love to use your app solution and also will find it convenient to work on it if it has an excellent interface design.

 

Must Be Beneficial for Both Parties

Mainly there are two parties while you are dealing with marketplace business. 

  1. Taskers who offers household chores services on your customer's demand, whereas
  2. Customers who are in need of taskers who can offer them household services on demand. 

 

You must always try to develop such an app solution that benefits both the parties and also offers huge ROI for your marketplace business too. Customers and taskers can be benefited from the exchange of the services through the app. 

 

Secure Payment Platform

When users use your task platform on a daily basis they need a secure payment procedure using which they can easily pay for the requested service. You need to integrate secure payment gateway in your app solution so that users do not face any hassle while they use their credit or debit card details.

 

Multiple Language Support

Developing a multiple language supportive TaskRabbit app solution can prove to be a boon for your marketplace business. People belonging to other countries and speaking different languages can use your app solution easily if it supports multiple languages. They can easily register on your marketplace platform and can request the required service easily through the app which works and interact in their language. 

 

Conclusion

If you want to boost your marketplace business then it will be best for you to go online. You can opt for a digital solution for your business and can develop a business website and app which represents your business in front of your ideal customers. You can take the support of an app development firm who can offer the best solution for your marketplace business. 

What Features Should Your Application Contain For Making Your Taxi Business Next Success?

with the changing technology, the businesses have taken a leap and have started adapting to mobile solutions for handling their businesses with extreme excellence. A mobile application to support their businesses and customer's demands is all that they have learned so far and have started with using the applications to ease up the tasks of their businesses. However, not every business is the same and many still have not adapted to mobile applications or other technologies as they consider it to be costly.

 

However, the competition in the software market has caused the development of many applications and software which are sold at affordable rates and are excellent at performing tasks. Also, the availability of SaaS-based and white label solutions have given new heights to the software solutions being offered in the market. Therefore, in times when there is still a chance of getting popular among all your competitors and making your services available to your customers is a wise choice.

 

Taxi-hailing businesses have also adapted to modern technology and have become one of the leading industry by generating more revenue than others with the help of applications by their side. Yes, the mobile applications offered by taxi-hailing businesses facilitate the riders with the ability to book a ride from their location within a few taps and the taxi reaches there within a specific time. Also, the application supports the drivers as they are getting ride requests on their phones and can serve the riders when they want their services. Hence, an application for ride-hailing has eased up the task of booking a ride to a great extent.

 

The features offered in the taxi booking application support and answer every requirement of the users and promote the taxi-hailing business who have offered the software solution to their customers. Below mentioned are some necessary features that help in making a taxi business success with its usability.

 

Route Optimization

The driver application supports the feature of route optimization through which the drivers are able to find the optimized route to the locations specified by the riders. Hence, the driver can reach to rider's location as soon as possible and it also means that the ride gets completed in less duration of time and customer satisfaction is increased. Therefore, route optimization is necessary to integrate into any taxi booking application to ensure higher customer satisfaction.

 

Live Tracking

The rider application is enabled with the feature of live-tracking their rides throughout the time. This feature integrated into the uber clone  application lets the rider know the real-time location of their ride on the go on the map. This can help the rider to direct the driver if the path chosen by the driver is long or is not right. This adds a security measure to the taxi booking application also, as the rider can report with SOS panic button if they find themselves uncomfortable during the ride.

 

Promo Codes

The admin panel of the software allows a single point of control over each activity being performed and it has an interesting feature of promo codes also. With the help of promo codes, you can promote the use of your application by offering discounts on total fare when the promo code designed by you gets used by a customer. Also, referral codes give the users' bonus points when they refer the application to others and on the successful download, the user earns discounts on the fare. This way you can ensure you are promoting your business also along with serving your customers.

 

Save Locations

The rider application contains the feature of saving the favorite locations of users as Home, Work or any else from where the rider regularly books their rides and hence the user can easily book their ride without the need of redundantly entering the location details each time they book a ride. Hence, it facilitates an easier ride booking process from the rider's side.

 

Ride Requests

Drivers are provided with the option of accepting or rejecting a ride request. Just as the rider places a ride request, the nearby driver/service provider receives the ride request on their phones and can choose between accepting or rejecting a request by providing an appropriate reason for rejecting one.

 

However, there are other important features too that must be included in your application to support the demands of the users. But what ultimately matters is how you are treating your customers. If you are providing excellent services to the riders and good earning to your drivers, it will help in increasing your business as you are satisfying the users of your system with an excellent application and a positive attitude from your side. Therefore, owning an application that supports your taxi business is a must.  

How to Manage Your App Development Costs While Planning an Excellent App?


Having an excellent app solution to promote and support your business's cause has become essential in today's world. While the world is slowly moving towards making everything digital, your steps should represent what your business can do for adding value to it. And mobile applications are one of the best ways to express it. However, for small businesses, it becomes difficult to find expert support for their app development that is also able to fit in their budget.

 

Managing App Development Costs: Top Factors Influencing Overall Costs

Developing an excellent app in today's era requires the support of expert developers that can lead your app development work in the right direction. However, to fit their costs in your assigned budget, you can make adjustments in some fields that can help a business achieve its desired app solution.

 

Development Approach

The development approach you choose for your app solution determines the cost of development. The debate of choosing a native or hybrid app development approach has become a steaming hot topic and the selection must be made based on the audience type and development allowances. Generally, native app development is costlier than hybrid and also time-consuming. However, if the budget permits and features demand, choosing native over hybrid can work the best.

 

Consider looking into SWOT (Strength, Weakness, Opportunities, Threats) models of native and hybrid app development before planning on proceeding with one.

 

Development Platform

Which one to Choose? Android and iOS are the most popular application platforms with 76.67% and 22.09% market share respectively. Choosing the app development platform is one of the hardest if you are planning out native app development. While hybrid app development can help you deploy your app solution across all platforms, it holds its own drawbacks and limited UI/UX functionalities. 

 

Therefore, choosing the development platform where the maximum of your target audience base resides is advisable. If you occur to have audiences spread across both platforms, it is important to choose the approach that can help you obtain app working on both platforms but also fitting in your budget. For example, if you are planning on developing an app solution uber for dog walking , the owners can be found across both the platforms and it specifically requires you to look for an alternative that helps you obtain your marketplace app within your budget.

 

It can be a white label solution or hybrid app development or any other. The ultimate factor affecting the development costs is the customer choices and requirements.

 

Estimating Development Costs

If you are looking to estimate the development costs you have to pay for obtaining an excellent app solution, features of your app play a major role in affecting your costs. The simple formula of calculating app costs is: Total development time taken multiplied by the hourly rate of development. The more features you add in your app solution, the higher development time becomes and hence, the ultimate answer is bigger. 

 

So What Should be Done?

Managing your app development costs required to perform a thorough analysis of the market and understand the customer perspective to efficiently prepare the features of the app and also choose the development approach and platform accordingly to save on costs while obtaining an excellent solution.