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Business motivation

Open your Own Chatbot Agency in Just 5 Steps!

chatbots

Have you ever interacted with a chatbot in the banking sector? Have you ever tried to place an order online through an app that suggested you the best dish? If yes, then welcome to the world of chatbots services.

Chatbots continue to be a hot topic in this tech-enabled modern era. The concept has emerged as the biggest marketing trend in the past decade.

Chatbots use artificial intelligence (AI) to mimic human conversations. Thanks to the rapid developments in technology, the chatbot service is becoming more sophisticated.

According to NASSCOM, ‘India is one of the most attractive chatbots markets in the world in terms of total start-up funding. It comes third, after the USA and Europe, respectively.

More and more organizations are investing in chatbot development and deployment. According to statistics, the chatbots attached to Facebook Messenger was grown up from 30,000in 2016 to over 1,00,000 in 2017.

What is a chatbot?

Chatbots or virtual assistants are artificial intelligence (AI) software that simulates a conversation with users in a natural language through messaging applications, mobile apps, websites, or the telephone.

If you want to start a chatbot agency, here is a list of framework you must follow if you want to sell your services:

  1. Do Research & Decide How Chatbots will Fit into your Marketing Services

If you want to start a chatbot agency, then there are two approaches.

i). Start a chatbot agency from the initial stage.

ii). Or you can add chatbot service to your existing marketing services.

Creating a simple chatbot sequence can transform your client`s marketing goals into a reality. Create a wireframe or visualize how the chatbot service is going to look like.

  1. Select a Platform to Build Chatbot

Always select a chatbot building platform that is easy to use, offers plenty of services, has higher recommendations, and a trustworthy company. Though selecting a chatbot platform is difficult, you are going to need an agency plan. Begin with a free plan and later on, you can upgrade it with a better plan.

  1. Learn how to use Chatbot Building Platform

Making your chatbot is easy as it does not involve coding. If you are someone who would love to design your chatbot but hate the complicating programming language, fret not! A chatbot is coding-free. So learn to use the chatbot building platform by including it in your marketing funnel. The more you will learn, the better you will create.

  1. Decide the Price

It is important to determine a well-planned pricing structure for your product. Select a price structure that justifies the value of your product without appearing too costly for tentative clients.

  1. Launch your Chatbot Agency

This is the final step in which you are ready to sell your services to your clients. You can help your clients increase their efficiency and productivity by offering your chatbot services.

Chatbots are one of the most profitable tools that have given proven results to scale up the business. If you are planning to open a Chatbot agency, follow these steps to make clients in large numbers.

How to open and run a business is a little tricky. Some of you might get confused about the process and will need guidance. Hence, our Everything about Entrepreneurship course can help you achieve your entrepreneurial goals. To know more about it, click here: https://www.badabusiness.com/?ref_code=ArticlesLeads

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Business motivation

3 Brilliant Tips that will Skyrocket your Business Sales Quickly

increase sales
सेल्स

Are you looking to increase the volume of sales in your business? Do you want to know how you can retain your existing customers and create new ones for a lifetime? Do you want to learn how to increase sales? Then you have come to the right place!

Selling can be challenging. And, the irony of life is that it is the only way to skyrocket the sales of your business.  Selling is a complex process. Why? Because human behavior is unpredictable.

A small business owner needs to generate revenue to maintain a healthy cash flow. Entrepreneurs who have just started their new venture often struggle to win customers, and that ultimately pushes their sales downhill.

So, how can you ensure that the number of sales is always on top? By using our amazing tips to increase your sales. Whether you are selling your products online or run a brick-and-mortar business, our sales strategies will help you convert casual visits into sales:

Keep your Customer in the Focus

You have made a product with lots of features and you can`t wait to talk about it. However, what most of the business owners miss here is that a customer is not interested to know about a product. They are more interested to know how it will make their lives more convenient. By shifting the focus of the discussion on your customer`s pain points, you will come out with a more customer-oriented sales strategy.

Create a personalized experience for your customers

Treating your customers like king can take your sales volume up, rapidly. It is very important for a customer to feel that their requirements and feedbacks will be taken seriously. They love it when a business owner remembers small details.

So, if a customer comes regularly to your café, remembering the amount of milk or the quantity of sugar he or she takes will make it special for them.

It is the feeling that brings a customer again to your store or café. According to a Forbes report on average, 7% of consumers expressed some level of frustration when their experience was impersonal.

If you are a shop owner, you can give your customers a personalized touch by greeting them with their names. This tip might appear simple, but it is very effective and will deliver big results.

Involve your Customers While Bringing Innovation

Change is the constant thing! It is essential to keep bringing innovation into your services and products. However, there is one thing that every business owner must do- take extensive feedback from your customers. Make your customers an integral part of the innovation by analyzing the ‘ABCDE Model’.

  • Analyze the problems & needs of the customers
  • Brainstorm what exactly your customer looking for in your products.
  • Co-create. Involve your customers when altering a range of products or services.
  • Deliver what promised
  • Evaluate

The model of ‘ABCDE’ is behind Subway`s success. They let their customer decide and select the ingredients of their meals. This way even if a sandwich doesn’t taste good, the customer doesn’t mind because of his involvement in the process.

A curve in growth is what every businessman dreams about. So follow our above-mentioned tips and see your sales numbers increasing. With our Problem Solving Courses, you can learn about the best sales strategy with zero investment.

Learn to generate high revenue earning products for sales, generating payment links for customers, managing account-related details. Solve your problems in just one click: https://www.badabusiness.com/psc?ref_code=ArticlesLeads

 

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Motivational

A Step towards Greener Planet: How this 14-Year Old Telangana Girl found a natural alternative to plastic!

Planter

Heroes have no caste, creed, color, or age especially when it comes to protecting our environment. And a 14-year old Telangana girl is the perfect example of this.

Srija Augustine, a class 9 student of the Zila Parishad High school in Chintalkunta, Gadwal district, Telangana has come up with a sustainable solution of biodegradable pots that are made from groundnut shells that take less than 20 days to decompose.

With each passing day, the planet`s condition is deteriorating. Humans tend to forget that without a balanced environment the survival of any living being is impossible. With increasing sea levels, climate change, an increasing number of earthquakes, droughts, landslides, floods, and forest fires, the importance of environmental protection is vital more than ever.

When Srija A took part in the annual sapling planting school drive-in March 2020, she received the shock of her life. While digging the soil to plant a sapling, she discovered a plastic bag after having dug a few feet underground.

Speaking of her experience, Srija describes, “I immediately realized this was from one of the earlier sapling-drives. This could continue every year so I began to think of a sustainable solution to raise seedlings.”

This young innovator immediately decided to find a solution and after a few months of research, Srija came up with an innovative biodegradable solution. This 14-year old young girl made a biodegradable planter made from groundnut shell pulp.

Srija, who hails from the Gadwal district in Telangana knows the prevalence of groundnut cultivation is very common in her region.

Groundnut shells that are also referred to as agro-waste are ground into a powder and used as an energy source. It grows on the upper-most layer of the soil and has the power to retain water. These shells are also made into a pulp and used as manure. The shells can disintegrate quickly and are rich in phosphorus and calcium.

Srija took help from her mentor and Math teacher, Augustine P, and managed to make a prototype of the planter. She went to the mill located near her home for the procurement of the ground shells. She ground them at home, added water to make it into a pulp, and molded it in the shape of a water bottle to form the shape of the cup.

But as the planter was too fragile, she failed at her first attempt. Following that she reached out to her mentor professor Augustine. He helped her by adding some other natural ingredients into the pulp to provide sturdiness.

Once the planter was sturdy enough; she buried it underground at school and monitored it regularly. It took less than 20 days for the planter to decompose.

Srija A. is soon going to get a patent for the groundnut shell pot that she created. Srija was awarded a Council of Scientific and Industrial Research (CSIR) Innovation award in the category of innovation by school children in September 2020 for her creative and sustainable solution that can help to reduce plastic usage.

If you too have an innovative idea that can leave a positive impact on the environment you must pursue it. Are you an entrepreneur who wants to tap the unexplored section of the market? You can boost your sales easily with the right guidance of a business expert from various industries. Click here to know more about our EAE course: https://www.badabusiness.com/?ref_code=ArticlesLeads

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MSME

MSMEs in Haryana Get Major Boost! Products Manufactured by MSMEs in the State To Get Global Market, Talented Artisans To Benefit

Clothing Business

Chandigarh, February 11: The products manufactured by the Haryana MSMEs will now get the global market as the Haryana government signed pacts with three companies on Thursday. The news was informed by Haryana Deputy Chief Minister Dushyant Chautala. The Minister, who also holds the industries department portfolio, said artisans producing traditional handloom products of the state will also get a reasonable price for their craft. The Deputy Chief Minister said the signing of MoUs with three companies of international and national level by the MSME department is a step towards ‘Atmanirbhar Bharat’. The pact will give a boost to the MSMEs of the state as well as to the talented artisans.

The pacts with ”eBay”, Power2SME”, India’s first ”buying club” for SMEs and TradeIndia.com, price and product discovery platform, was signed by Haryana MSME Department Director General Vikas Gupta and the representatives of the companies. The memoranda of understanding (MoUs) by Haryana’s Micro, Small, and Medium Enterprises (MSME) Department with three companies was signed in his presence, a state government statement said. Industries and Commerce Department Principal Secretary Vijayendra Kumar was also present on the occasion.

  • The products being manufactured by the MSMEs of the state will now be able to be purchased in any corner of the world; this will also increase the export of our country.
  • Haryana government’s primary focus is to promote entrepreneurship, to enhance inclusive and balanced regional development in the state.
  • The strategic collaboration will help MSMEs, artisans in remote parts of the state, to overcome challenges restricting their access to domestic and international markets. This will not only give a boost to sales of existing entrepreneurs but also create unprecedented opportunities for new entrepreneurs.
  • Through this initiative, we are aiming at significantly enhancing visibility of indigenous and specialised products from the state, be it industrial products, or traditional handicraft products, and further strengthening ”brand Haryana”.

Chautala said these MoUs will also create unprecedented opportunities for new entrepreneurs. On the occasion, Kumar said MSMEs are becoming the backbone of the economy. He said the state government is committed to strengthening the existing ecosystem of over 2 lakh MSMEs in the state. Chautala said that in the current competitive era, it is important for MSMEs to adopt new and strategic approaches and added that e-commerce has the potential to take MSMEs to new markets. Gupta said the directorate of MSME is providing all possible help to its entrepreneurs so that they can generate good income from their enterprises and more youth can get employment.

Gupta said the directorate of MSME is providing all possible help to its entrepreneurs so that they can generate good income from their enterprises and more youth can get employment. He added that this pact will help our MSMEs transcend geographic boundaries and reach out to newer markets. “We look forward to creating impact and generate larger market opportunities for our MSMEs.”

He added that this pact will help our MSMEs transcend geographic boundaries and reach out to newer markets. “We look forward to creating impact and generate larger market opportunities for our MSMEs.”

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Business motivation

The Simple Trick To Gain Profits In Stock Market

It is important to get into the depths of the market to reach the heights of the market. This is a very important step before taking a step towards investing in the stock market. The stock market is like the game of snakes and ladders, where you may get good shares in form of ladders that may help you to get great profits or even bite you into the downfall of losses like snakes. What sets the stock market apart from the game is that while luck is only what lets you proceed with the game, you can gain high profits by understanding the market if you are planning to invest in the stock market.

When you visit a grocery store or a vendor, you may get vegetables at different costs at different times. Sometimes you get groceries at a cheap rate but you later find out that it is not of good quality. Sometimes, you may buy expensive vegetables expecting good quality, but end up being fooled by the street vendor. To get good quality vegetables at a fair price, you need to know the vegetables like how to check their quality and the current ongoing price. Similarly, you also need to know the shares you are investing in before you proceed in the investment, such as the increase and decrease in price and demand of the shares. Just like you bargain with a grocery vendor, you can bargain with your shares on when you want to buy them i.e., at what point in time.

People generally make the mistake of taking tips from advisors, friends, or family before investing in stocks of a particular company. Dr. Vivek Bindra, an Internationally acclaimed business coach suggests people leave the shares in restaurants. To understand which companies can one invest in, they can check Nifty 50, a list of the top 50 companies in India. Nifty offers investors a price earning ratio (PE) i.e., a comparison between how much they will invest and how much they will earn by investing in a particular company. One is also advised to check the ratio for the entire share market. The PE ranges between 11 and 30, 10 being the lowest in the market trends and 30 being the highest. One can invest his money when PE is around 11, for example, to get high profits when the shares see a high rise. Moreover, one should avoid investing when PE is between 25-30, as the chances of shares increasing are very low and one may end up being at a loss.

There is a lack of knowledge about the stock market amongst the Indians, due to which only 4% invested in it, whereas about 50% of people in America invest in stocks. If you are interested in investing in the stock market and want to learn more about it, you can join the “Stock Market” Problem Solving Courses which gives you complete guidance about what the stock market is, and how you can get great profits by investing in it. To know more or to register, visit https://www.badabusiness.com/psc?ref_code=ArticlesLeads

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Business motivation

4 Top Business Tips for Kirana Store Owners to Increase their Profits

dhanlaxmi kirana store

A kirana store is the backbone of the Indian grocery market and has proved extremely beneficial during the pandemic. A kirana store is like a departmental store that caters to the need of the daily essentials of people. A kirana store is mostly present in every corner of the street.

During a pandemic when almost every business was struggling for its survival, kirana stores saved the day by maintaining a near-steady supply of daily essentials. Not only it has displayed the significance of these stores across the country, but also encouraged the trust of customers to post the lockdown period.

According to The Hindu, there are around 12 million neighborhood kirana stores that dominate the domestic grocery retailing landscape of India with a 90% market share. During the pandemic, they have emerged as heroes, with people depending on them to procure daily essentials.

Kirana stores will remain evergreen as most of the people in India still rely on their local grocery stores for essential needs.

So, if you are planning to open a Kirana store, or already have one, 2021 can open a store of opportunities for you. Here is a list of 5 business mantras for the Kirana shop owners that will help to increase profits:

  1. Go Digital, Go Online

Though the lockdown restrictions are lifted, people are still unsure about going on. Almost everyone prefers digital transactions as they do not want to expose themselves to the virus. Today, when everything is available online, taking your kirana store online can be profitable.

The online Kirana store is not a new concept. Many kirana store owners have started selling their products online. Taking their kirana store online provides a wide exposure and helps to boost sales as it allows customers to place orders remotely.

  1. Operate on Weekends

Most of the kirana stores remain closed on weekends. This is a perfect opportunity for you to attract customers and improve your sales. While other shopkeepers would be busy sleeping or enjoying their weekends, you can boost your sales.

  1. Design a Website

To gain more customers, you can also list your Kirana store on various online shopping websites like Amazon and Flipkart. You can easily register your store online, and if anyone purchases a product, you can parcel the same to them.

Apart from listing yourself with giant sellers like Amazon, you can also create a website online. This will give your regular customers the convenience of ordering from the comfort of your home.

  1. Improve Customer Engagement

Customer engagement is the key to higher sales. And, building a relationship with customers ensures that they do not go to your market competitors. Talk to your customers nicely, and give them a unique experience so that they come to only your shop. You can also offer discounts on various products, as it is the best way to attract customers.

Understanding your customers is important in any business. If you are the owner of a kirana store the above-mentioned tips will help you to boost sales. You can also upgrade your kirana store into a departmental store with zero to low investment with our Everything about Entrepreneurship course.

Learn brilliant business strategies that are used by popular brands to increase their sales. Want to know more about this course? Click here: https://www.badabusiness.com/?ref_code=ArticlesLeads

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Business motivation

4 Key Trends that will Bring Small Businesses back on the path of Recovery in 2021

small business trends

The COVID 19 pandemic has forced many startups and small enterprises to shut down. According to a report published in Financial Express, ‘around 74% small businesses and startups in the country were at the brink of shutting down or scaling down of their operations due to the impact of the Covid-19 pandemic’.

The coronavirus breakdown and the subsequent lockdown by the government last year have hit small businesses hard.

However, with the onset of 2021, things have begun to look up. Despite 2020, being a nightmare in terms of changes and challenges, the year 2021 has shown a glimpse of hope for small businesses. The startups and small business owners are working hard to get back on track for 2021.

Embracing the new normal with persistence can open a doorway to post COVID recovery. From the changed consumer behavior to innovative online models, here is a list of trends that every entrepreneur, solopreneur, and small business owner must monitor:

Digital Adoption

The pandemic has set new rules for businesses. From large organizations to small companies, everyone has realized the power of digitalization in the crisis.

According to a report by Forbes, people are spending time online more than ever before, and internet usage is increased by 50-70 percent. With new social distancing rules and the fear of COVID 19, consumers are inclining towards digital transactions.

Many businesses have witnessed an increase in online orders and hence, revamping their models to find different mediums to connect with their customers. The adoption of digitalization will be the key to unlock a brighter future.

Government Initiatives

Small businesses have always been a hub for job creation. Government initiatives like Start-up India, Make in India, and Vocal for Local have benefitted the existing small businesses as well as the budding Indian entrepreneurs.

The Government can announce various other schemes to enable small business owners to sustain themselves in these challenging times. Such government initiatives can give small businesses a ray of hope to grow and revive themselves.

New Age Marketing Tools

Not only adopting modern digital tools and processes, but small business owners also need to learn the newer ways to reach new and existing customers. The world of the internet offers businesses to break away from the traditional barriers of location and time to engage customers. Every business owner should use this to shape their online presence and grow their customer base.

Discovering New Verticals

To stay abreast with the ‘new normal’, creative ideas that can help to discover the untapped verticals are the need of the hour. According to a NASSCOM study, ‘three-fourth of B2B startups are now developing new & innovative products’. Many small businesses pivot to new directions such as education, and technology services.

The chaos in the business world may simmer down in 2021, but the Indian startup ecosystem will continue to experience its effects for some more time.

Businesses are facing a lot of challenges due to the changed consumer behavior and the pandemic. If you too want to take your business to new heights, get all your business challenges solved with our ‘Problem Solving Courses’. From finance to HR, Digital Marketing to IT & Sales, find creative solutions to prominent business problems easily. Click here to know how these courses will benefit you: https://www.badabusiness.com/psc?ref_code=ArticlesLeads

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Business motivation

From Apparel Designer to Executive Director, How Priyanka Chirugapati Carried Forward Her Family Business

priyanka

Life often takes channels completely different from what one plans. Priyanka Chirugapati was also interested in fashion interested as she pursued an associate degree in applied science (fashion marketing) at Parsons, the New School of Design after graduating with a bachelor’s of science in business management from Case Western Reserve University in Cleveland, Ohio. She also went forward pursuing the career of her dreams as she designed Western and Indo-Western apparel for women and selling them through an e-commerce platform.
Entrepreneurship was in Priyanka’s blood, but she rather joined her family business related to pharmacy and is playing the role of a leader in the organization in the present. She joined her family business named Granules India in 2012, a Hyderabad and US-based pharmaceutical company that focuses on R&D, with some of its primary products being Pharmaceutical Formulation Intermediates (PFIs), Active Pharmaceutical Ingredients (APIs), and Finished Dosages (FDs).

Priyanka joined the organization as a good listener and learner which allowed her to think more openly towards the growth of the company. She gradually brought the company’s focus on the domain of manufacturing in the US. Priyanka was responsible for the over-the-counter division in the US as a Product Manager, which was challenging as the company was not working the depths of R&D. She thus changed the entire portfolio of the company and was designated as Executive Director of Granules Pharmaceuticals Inc. (GPI) after two years. The company entered the market of generic medicines when there were already competitors present, but it still succeeded to such as extent that the market constitutes 50% of the organization’s total revenue.

Priyanka faced the biggest challenge in form of setting up a front-end division for Rx business, which she turned out to be the greatest achievement of the organization along with for herself. It is always inspiring how leaders of renowned organizations turn their challenges into accomplishments. Many such leaders share their strategies and operations behind their success in the Everything About Entrepreneurship course by Bada Business, where aspiring businessmen and future leaders can learn the best business skills from leaders of organizations such as Kent RO, Dr. Lal Path Labs, and Xiaomi India. To know more or register, visit https://www.badabusiness.com/?ref_code=ArticlesLeads

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Business motivation

A Start-Up That Sold 25 Lakh Samosas To Build Its Business

Samosa is an Indian tea-snack that is loved by people across the country and can be found in different flavors in various regions. India Exports samosas to 140+ countries and the snack itself build for a market worth 42 lakh crore rupees. While one might be surprised at why they are getting to read about the snack at a platform catering business knowledge, this article is about a duo in Bengaluru who sold 25 lac samosas to build their start-up.

Samosa Party, a start-up started by Amit Nanwani and Dikhsha Pandey in 2017 in Bengaluru with an aim to make samosas to be available at the click of a button, anywhere around India is about to complete its fourth year in a journey to onward and upward growth. The start-up serves samosas in 20 flavors, along with giving unique transformations to it with fusions such as Dahi samosa chat and samosa burger added to its menu.

Talking of Samosa’s Party operations behind having 78% repeated customers, the start-up is combining technology and flavors. They are filling the gap between demand and supply by bringing over 20 lakh samosa vendors across streets online. While Amit Nanwani handles product, technology, and growth, Diksha manages overseas operations, people, and customer experience. The start-up has 11 outlets across Bengaluru and plans to go to Dubai, Asia, and other western markets.

Samosa Party grew five times of its first year of operation. Aiming to be available within a 3-kilometer radius in every city, the start-up is funded by Inflection point ventures, which is its primary investor. The start-up continued to deliver 100% of pre-covid volumes during the corona lockdown period. Despite facing a slight downfall in sales in the month of March 2020, Samosa Party sold 5 lakh + samosas during the corona period.

It is always inspiring to find start-ups with innovative ideas growing and making their own mark in the market. If you too have a unique start-up idea that you want to pursue to build a well-established business, the Problem Solving Course named How To Start A Start-Up by Bada Business educated you to turn your business idea into a leading organization. To know more about the course or to register, visit https://www.badabusiness.com/psc?ref_code=ArticlesLeads

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Marketing

3 Marketing Techniques for Start-Up to Follow During Initial Business Stages

Online Business| Representational Image (Photo Credits: Pixabay)
Business| Representational Image (Photo Credits: Pixabay)

In the recent years, many start-ups have emerged in the country in several industries. The start-up ecosystem is blooming with more and more businesses being established and people taking to entrepreneurship. However, many of these businesses do not last for more than a couple of hours owing to the existing competition. As for start-ups a wide reach and customers’ recognisation is important which depends on its public communication techniques. Sales promotion, publicity, advertising, personal selling are all the part of marketing mix. A judicious use of all these, ensure an effective customer reach to the firm. 4 Startup Ideas That Housewives and Moms at Home Can Consider and Earn a Good Amount.

Here are 3 Effective Marketing Techniques Start-Ups Should Follow : 

Collaboration with Influencers

One of the easiest way to have an effective reach for the start-up is to collaborate with the influencers. People share a personal trust and connect with the social media influencers, if they promote or use the firm’s product their followers are bond to look up for the same. Hence, it helps in drawing customers’ attention towards the start-up and winning their trust.

Offer a Free or Trial Version of the Product

Another way to attract customers at the early stage of the business is by offering free or trial version of the product or service which the start-up is bringing to the market. People tend to be drawn towards free offers and take up the product. It has been proven to be a highly successful for start-up and even for established businesses who are launching new products or services. 3 Small Business Trends that will Emerge in 2021!

E-Mail Marketing

For a start up to be successful, it needs to develop a connect with the potential customer. E-mail marketing is one of the best and cost effective option a firm has to establish the connect with the public. By sending personalised mails to the customers, a firm draws their attention towards itself, its products and services.

Right from entering the market to position itself among the competitors, a firm needs to follow a comprehensive and well researched marketing plan. It helps the business to establish itself and flourish. It also helps in acquiring new customers as well as retaining the old ones.