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What is the difference between Traditional and New business?

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What is the difference between Traditional and New business?

For traditional business, you will see a lot of hard work being put to it. From manually calculating the stock to reaching out to a new client. While for new advance business you will be able to see people out drinking coffee building the network more. There are two words which I can link to each type of business.

Traditional Business

I will say traditional business depend on the two words “working hard”. Business is all about labor work. If you are willing to put in the effort to work harder than the others you will succeed in life.

Running sales, you just have to spend more time promoting to others through words of mouth.

New Business

For new business, I will say you can’t depend on working hard anymore. Rather than working hard you should “work smart”.  There are too many competitors out there and you could not just follow the old school method of promoting your sales. You should be more creative to attract more clients.

What is the method we should use to separate us from the traditional business?

Digitalized

One method is by going digital. Setting up a website and promoting your service through the use of a website and of course promoting using the word of mouth. I had tried doing sales before the company website is set up and the answer I usually get is “How can I trust you when you do not even have a website to show? I will rather find one with a website.” For now, with a website, I have a customer approaching me instead.  Able to see the difference? Everything in this current society is about technology and we should make use of this technology to help us instead of using the old method which will require more effort and more time-consuming.

Automation

There is software to help cut down on manpower and increase efficiency. For my company, we always have to manually calculate the sound pressure level of a room and the location of the speaker this will take hours of hard work. But now with a software created by YAMAHA, we can actually do it in 5min. See how much time is saved on it?

 

 

Cloud

Most of the company now a day are starting to use the cloud to save their document on it. This will allow the employee to gain access to their work document anywhere in the world. The employee could not say this anymore “but I left the document in the office. I will check for you when I reach the office.”.

This isn’t the main reason for the cloud. It is more for work-life balance. Everyone can have more time to network and time for family when you can actually work anywhere.

Machinery

Replacing man-power with the machine is a very common thing now. A machine can do 10 or more people work at a time. You will just need an engineer to maintain the machine and let the machine do the rest of the work. Now a day in some restaurant you can actually see a machine serving you instead of a waiter coming to take your order.

Are your company still a traditional or new business? If it is still a traditional one it is time to advise your director on what are the thing people are doing differently.

If you wish to read more from me, you can visit www.audiovisualaoce.com

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Impact of Modern Technology in Finance and Banking Sector

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Impact of Modern Technology in Finance and Banking Sector

Can I simply look up to internet and hire someone to professional essay writers help? Will it be more convenient if I can consult a virtual doctor for non-emergency cases? Can I perform my money transfer from home rather than visiting the bank and waiting in queues? Well, if you can relate to some of these struggles in life, you don’t have to worry any more. Technology has offered and will continue to resolve number of your concerns with time.

With the advent of technology in various sectors, the operations and processes have become extremely smooth and accurate that almost every other organization is seeking to integrate innovative inventions for their progressive growth. When it comes to businesses, companies are heading towards transformation and advancements to yield fruitful results saving lot of their time.

Considering the advancements of technology in our society, we have alarms and alerts generating at our sensors in case of any poisonous substance detected in air, medical treatments that are life-saving before it can actually cause any major issue, or remotely tracking and monitoring of health and fitness plans in your daily life. These and other countless innovations made by technology has been contributing to elevating the overall progression of society and every individual sector.

Since technologies are responsible to automate business processes and bring more efficiency and accuracy in various operations,  the implementation of innovative ideas are leading the overall business sector towards revolution. When it comes to banking and finance sector, the new innovation “FinTec” is becoming increasingly popular with emerging consumer focus and increased customer experience.

Let us take closer look at the banking and finance sector areas impacted by technology.

· Enhanced Customer Service

Ever wondered how professional essay services are able to attract number of students to help them in their assignments submission? The strategies they adopt for building a strong customer base is what matters in their business growth. Similarly, banking and financial sectors must also use the advanced technological devices and tools to reach out to their potential and existing customers.

No matter what business you are dealing in, customer service improvement has been the top most priority in business expansion. Since the technology innovation has helped greatly in enhancing customer experience through the integration of automated process and mobile technology, more and more firms are looking for ways to deploy such tools for increasing their business growth.

The introduction of chat bots has also greatly helped in promoting responsive attitude of any of the customer’s query. If the financial and banking firms become proficient enough to deal with each client in a friendly and responsive manner, there is no doubt that clients will look forward to work with you and also keep coming back in case of any further case.

· Internet Banking

Do you often feel exhausted to wait in long queues in banks? Are you looking for ways to perform your bank-related with the help of your smart phones or laptops? Since the internet banking (aka online banking) has come into existing, it has become extremely convenient and hassle-free for customers to perform their banking related tasks simply by sitting in their homes.

From performing your financial transactions, bill payments to balance inquiry, technology has revolutionize the banking and finance sector significantly. People now prefer to make their bank accounts online so that they don’t have to go through all the hassles they would experience in their visit to banks.

· Tracking of Fraudulent Transactions

Since there was a dire need to implement efficient processes and technology to invest and identify fraudulent cases and transactions in banking sector, technology has come up with smooth and flawless fraud tracking mechanism.

The staff must be trained enough to get their hands on the technology and investigate all the fraudulent activities in any of the user’s accounts. The systems can also track through previous records and based on the results, they analyze the patterns and scenarios of fraud cases to predict the likelihood in future.

· Cryptocurrency and other virtual currency via Blockchain Technology

Cryptocurrency becoming a new buzz word in the financial and business sector, is a digital currency that makes use of encryption and encoding to help in fund transfer virtually. Using distributed and open ledger, cryptocurency  is becoming a commonly used and hottest implication of blockchain.

Cryptocurrency exemplified by Bitcoin and its other alternatives are also become common among the tech savvy and finance people. Having the potential to gradually eliminate the current currency model, cryptocurrency will enhance the existing system as it has gained lot of trust and credibility from its users already.

Needless to say, the above mentioned technological advancements in the field of banking and finance sector has not only modernized the domains, it has also offered higher customer satisfaction and enhanced user experience.

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Top-Notch smart watches for women in 2019

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smart watches for women in 2019

Health-conscious women need to monitor their daily activities. Moreover, they are in constant search of finding the best fitness device for their self. One such device in today’s digitalized world is a smart watch that is really smart. So, are you in search of the best smart watches for women and tired of finding the one? Then, there is nothing to worry about. Because, this article will shed light on the 5 top-notch smart watches for women who really care about their fitness. So, let’s explore which smart watch is best for you.

  • Apple Watch Series 4

Are you looking for a personalized coaching device that can monitor your daily activities? Tired of finding the best smart watch that has a larger display and is highly functional? Then, Apple Watch Series 4 is the right choice for you. This smart watch is water-proof with a battery life of around 18 hours. So, why not to try it at least once?

  • Samsung Galaxy Watch

Looking for an active-built in health tracking system in a smart watch? In search of a user-friendly smart watch that has a wireless charger and interchangeable bands? Then, you must go for Samsung Galaxy Watch. This smart watch has great things to offer you. For instance, it is not only user-friendly but is also capable of reminding important information throughout your day.

  • Fitbit Versa

Ladies who love outstanding design in their smart watch must try Fitbit Versa. Yes, you read that right. This smart watch stands out from the rest of crowd. This is because it scored high on Amazon ranks and is regarded as a top-notch smart watch for women who are health conscious. Moreover, it is capable to store around 300 songs which you can enjoy during your exercise. This smart watch has a lightweight design and is highly stylish as well.

  • Huawei Watch 2

This smart watch is highly vibrant and bright. So, if you are looking for a cool monitoring system embedded in a vibrant display, then Huawei Watch 2 is waiting for you. With its unique outlook, this smart watch has an accurate motion sensor and keeps you under observation, the whole day. It has leather and stainless steel straps that gives it a classy outlook. So, why not to try it at least once to feel ecstatic?

  • Samsung Gear Sport

If you are in search of a simple and best smart watch package, then Samsung Gear Sport is the right choice for you. This compact smart watch gives you ample benefits. For instance, it controls smart devices along with tracking your daily sets of activities. Moreover, it is also capable to play offline music which you can enjoy during your exercise. And you know what? This smart watch has a battery life of at least 3 days. Because of its multifold benefits, women really like to wear this smart watch. So, why not you? You must try this watch is 2019 to gain benefits of this smart watch.

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4 Things that Make Search.xyz a Standout Search Engine

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Search.xyz a Standout Search Engine

Search engines are a necessity in this digital age. All the information is available to us in the palm of our hand, we just need to know how and where to search for it. Since the inception of the World Wide Web, we have seen Google being used as the primary search engine in addition to Bing and Yahoo. It is true that Google houses everything, but it is also a distraction as everything is available there and your desired search term might get lost in the plethora of information.

Among the search engines available online, search.xyz is a great option. The unique name ‘xyz’ suggests that one can find every and anything here. Following are the benefits you will enjoy using search.xyz:

Unfiltered Search

When you’re looking for any song lyric, news or anything online and you don’t have a lot of information to put into the search bar, that’s where search.xyz will help you. The search engine has the feature of giving unfiltered information. So, when you search a term you will get results from anything and everything related to that term.

Search.xyz has a plethora of encyclopedias, books, discussions boards and what not. Search engines like search.xyz help their users in displaying maximum results for their search enquiry.

Streamlined

Search.xyz has a great mechanism for organizing information. The information present online is humungous and is increasing with each passing day. Search.xyz has a streamlined interface that stores all the information you need. The search engine also keeps on updating newer information as it comes in.

Search.xyz keeps information on a wide array of topics from fashion to politics, from education to travel and what not. These topics help the users get all the information they need from one platform only. You don’t need to hop from search engine to search engine, all your information need is quenched at search.xyz.

Less Advertisements

When you need to get a task done, be it office work or an academic assignment, you’re most often than not working on a tight deadline where every second count. You do not have time for clicking and closing new tabs and or being distracted by advertisements. We hear from you! Search.xyz makes sure that they show less and less advertisements to aid users in getting the information they want without irritating them.

These days everyone is living in the search engine world, you need information, you use a search engine, you need to find a way, you use a search engine. To make your time searching pleasant you want to be on search.xyz.

Cool black Style

Who doesn’t love a no-nonsense website style? The website is a simple black background having one search box in the middle. The simple layout does not confuse users as they can be from varying age groups. The elderly and young kids can easily use the website without being lost. You type your search term in the white box in the middle of the screen, press enter and voila! You’ll get several references listed down for you with the topmost being the most relevant.

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