The Power Of Face-To-Face Marketing: How Exhibitions Drive Business Growth

The Power Of Face-To-Face Marketing:

How Exhibitions Drive Business Growth

The digital revolution and rise in social media have reshaped marketing and sales. Specifically, during the pandemic, companies worldwide had to resort to digital marketing and virtual tools to make sales and profits to survive.

However, as the days passed, businesses realized that it is incredibly challenging to do marketing by totally avoiding in-person communication. The pandemic has served as a reminder that humans are wired to connect to other humans, which is impossible without face-to-face meetings.

Digital marketing has never been as popular and massively utilized as it is today. The downside is that consumers are bombarded with thousands of digital advertisements on TV, radio, the internet, apps, emails, and social media platforms, all day and every day. Because of the oversaturation, the message a business wants to pass to its consumers is lost in this clutter. In present times, people are so overwhelmed with digital ads that they have trained their minds to ignore, overlook, or even block them.

And so face-to-face marketing still matters in 2024 and is immensely important in this post-pandemic era.

 

So, what makes face-to-face marketing so powerful?

Face-to-face marketing helps in:

 

Communicating Effectively

Although communication is possible even through the Internet or phone calls, the most important aspect of communication – Nonverbal cues are practically missing in these modes. Through face-to-face meetings with the customers, the salesperson can do a handshake, smile, make eye contact with them as well, and read their body language, and facial expressions.

These non-verbal cues help in understanding and interpreting what the customer intends to say even if it is not spoken. It ultimately helps to connect effectively with the customers and build a good relationship with them.

 

Understanding The Customer Better

The needs, demands, and problems vary from customer to customer. Unlike online marketing, in-person marketing offers better and more direct interaction which allows a deeper understanding of the requirements and pain points of customers. This helps the salesperson to provide them with appropriate solutions and thus easily overcome sales obstacles and objections.

When the customers feel that they are heard, their problems are addressed and their questions are answered right away, they feel more valued. This leads to sales success.

 

Building Brand Loyalty

Showing the face behind a brand gains customer trust. When customers get to have face-to-face contact and a positive experience with a brand they get emotionally connected, and feel more secure, thus consequently tend to trust it. They get convinced that they can count on the brand for support whenever they need it. This ultimately builds brand loyalty.

 

Providing Multi-Sensory Experience

Digital marketing facilitates only the visual experience of a product but through face-to-face marketing, the customers can get to see, smell, hear, touch, and if doable, even taste it. This is crucial for the salesperson to convince the customer to buy the product while preventing buyer’s remorse.

 

Avoiding Miscommunication

Although technology has fostered easier and faster communication, it is often a barrier to effective communication causing misinterpretations and misunderstandings. This can prove costly when closing a sales deal.

People also tend to pay more attention, engage better, and stay focused for a longer time in face-to-face conversation than in virtual conversation. This helps in avoiding communication gaps.

Face-to-face meetings can help the salesperson to see the other prospects’ facial expressions, body posture, and gestures as well as pay attention to the tone of their voice to comprehend their thoughts and emotions, gauge their interest, and discern if the message conveyed is clear or not and thus avoid miscommunication.

The best way to make the most of face-to-face marketing is to execute it in a business exhibition or trade show. Massive numbers of potential customers gather here in a very short span of time with the intent of purchasing or gathering product or brand information for future purchases.

 

ASEAN+ BUSINESS EXPO by DhuMall – the #1 Biz Marketplace is one such business event that brings together business professionals, executives, and entrepreneurs of various industries, and from different parts of the world.
This one-of-a-kind business expo is going to bring an avalanche of opportunities to help your business grow and succeed through not just the exhibition but also a series of 10 different engaging events such as talks, forums, workshops, seminars, business matching, and networking.

In this business expo, you will get a high chance of promoting your offerings directly to the decision-makers by interacting face-to-face with them. This event offers you an excellent platform for creating a branded booth with eye-catching elements such as pop-up displays, banners, digital signage, etc to boost your brand visibility and awareness.

ASEAN+ BUSINESS EXPO can help you maximize your sales, build a sales lead database for potential future business, discover new partnership and collaboration opportunities, conduct market research, and much more.

Do not miss this golden opportunity to accelerate your business growth and success!

Impacts On The Success Of Startup Founders’ Personal And Business Networks

Impacts On The Success Of Startup Founders’ Personal And Business Networks

Many successful startups around the world have demonstrated that Networking is a time-tested strategy to achieve business goals. Building a startup itself is immensely challenging. Only personal and business networks can lead the way through this tough journey by making the founders come across the right people, resources, opportunities, ideas, guidance, and strategies that are indispensable for the success of the startup business.

Business Networking specifically helps and supports in

 

Finding And Attracting Potential Investors

Funding is an inevitable need for establishing a Startup. However, startups often struggle to attract investors. This makes getting the startup off the ground tremendously challenging.

Business networking offers opportunities for startup founders to find and meet the right investors who are enthusiastic about investing in startups with growth potential. Networking allows startup owners to leverage connections while pitching their business idea to investors and convince them that their business has the potential for good ROI and is worth investing in.

 

Discovering New Business Opportunities

Networking often opens the door to new and promising business opportunities that the startups could not have discovered on their own. Such opportunities can be valuable in entering new markets, increasing sales and profits, cutting down costs, improving products and services, and enhancing the profile and reputation of the startup.

This is enormously important for the growth and success of the startup.

 

Learning From Others

First-time entrepreneurs usually do not know all about operating a business. Getting in touch with experienced business people through networking helps in gaining valuable insights, industry know-how, best practices, tips and tactics, strategies, lessons regarding mistakes to avoid, dealing with certain challenges, making informed decisions, etc that can be acquired only through experience.

Being in touch with successful people can be very inspiring and help in cultivating a positive attitude for achieving success.


Acquiring Talent

The people you recruit can make or break the startup’s success. For a new company, acquiring talented and responsible employees to build an effective team can be quite challenging.

By connecting with the right people within the industry, startups can easily stumble across and get referred to qualified people who can contribute to the startup’s success.

 

Keeping Up To Date With Industry Trends

Networking is one of the best ways to stay informed of the latest industry trends. It can help in knowing about new developments and innovations, technological advancements, emerging opportunities, changing consumer behavior, regulatory change, market shifts, etc.

This can be helpful in being prepared for certain challenges and making the most of opportunities, strategic decision-making, and staying competitive.

 

Building A Solid Support System

Creating a strong support system is essential for a startup as it can be of great help when the founder faces a tough and lonely situation. Such a support system can help in making better decisions, and offer motivation, the right advice, guidance, assistance, feedback, and ideas whenever necessary.

By doing business networking startup owners can incorporate experienced businesspeople, industry leaders, business experts, and professionals in their support system. Whereas, through personal networking, startup founders can get support and mentorship from their friends, family members, and relatives.

 

Developing Brand Recognition

By networking with more and more business people and potential customers, startup founders will get better opportunities to successfully boost their brand reputation and recognition by showcasing their brand, telling their brand story, promoting the products and benefits, increasing brand visibility, etc.

 

Getting Referrals

Business networking can often fetch high-quality leads and referrals. This can be really favorable for boosting sales and profits.

Even if it does not, business networks generally offer connections that can open doors to great deals, partnerships, and collaboration opportunities in the future.

Hence, establishing a robust business network can forever be advantageous to startups.

 

This is why DhuMall – the #1 Biz Marketplace presents you International Business Excellence Network – an online and offline effective networking platform for startups and businesses of all sizes, nature, sectors, and industries around the world to help them to be connected to local, national, and international networks.

By obtaining a membership to IBEN, you can become a part of your IBEN local community – IBEN Chapter which provides complete access to the chapter members’ database. It allows you to attend weekly and monthly online or offline meetings to do networking. It also facilitates participation in the Global Meeting and Global Forum.

IBEN offers two types of memberships – IBEN Chapter President Membership with 2 years of validity as well as IBEN Membership with 1 year of validity. Both of them are renewable and help you build a strong network with a myriad of benefits and opportunities.

Don’t miss out on the advantages of networking

The Key Success Factors of Small and Medium Enterprises (SMEs)

The Key Success Factors of Small and Medium Enterprises (SMEs)

While the business functions of SMEs may be smaller compared to large corporations, SMEs drive employment, develop entrepreneurship, and contribute to the overall GDP of nations worldwide. Nevertheless, navigating the competitive land and achieving sustained success in SMEs require a meticulous understanding of the critical factors. Small and Medium Enterprises (SMEs) play a key role in enhancing the qualities of all types of business sectors, as they are micropillars of economic growth and innovation. In this article, let’s study the core elements that explain successful aspects of SMEs and their key benefits.

 

Vision and Adaptability

A clear vision coupled with adaptability is the hub of every successful SME. SMEs that introduce a compelling vision with long-term goals provide a roadmap for growth. However, the ability to adapt to changing market conditions, technological advancements, and consumer preferences is also equally crucial when it comes to the success of SMEs. Flexibility in strategies and business operations enables SMEs to seize emerging opportunities and navigate challenges effectively.

Key benefits

  • Continuously scan the environment for new possibilities and threats.
  • Embrace change and innovate swiftly to stay ahead of competitors.
  • Evolve business models and capitalize on emerging opportunities.
  • Flexibility in decision-making, responding promptly to market shifts.
  • Foresee market trends and pivot strategies for continuous relevance.
  • Foster a culture of adaptability, encouraging proactive problem-solving.
  • Remain agile and adjust operations to meet evolving customer demands.

 

Innovation and Creativity

Innovation plays a key role in every SME’s success. Whenever an SME is introducing groundbreaking products or services and implementing innovative business models, the company steps forward to leverage technology to streamline operations. SMEs must also foster a culture of creativity and innovation to prepare to face challenges coming from their competitors. Embracing innovation enhances competitiveness and opens new avenues for growth and differentiation in saturated markets.

Key benefits

  • Cultivate a culture of experimentation, encouraging bold ideas.
  • Embrace failure as a learning opportunity, fostering innovation resilience.
  • Empower employees to contribute ideas and solutions.
  • Encourage cross-functional collaboration for fresh perspectives.
  • Foster a creative work environment, nurturing out-of-the-box thinking.
  • Invest in R&D, fueling breakthrough product development.
  • Regularly assess and refine processes for efficiency and innovation.

 

Customer-Centric Approach

Building a customer-centric business is paramount for SMEs, as it makes every company endure relationships with customers. Understanding customer needs and preferences enables SMEs to tailor their offerings and deliver exceptional value. Moreover, maintaining communication with customers and soliciting feedback fosters trust and loyalty, driving customer retention and referrals.

Key benefits

  • Anticipate customer needs, proactively addressing pain points.
  • Build communities around your brand, fostering customer engagement.
  • Develop personalized solutions, enhancing customer satisfaction.
  • Gather feedback and tailor offerings to meet customer needs.
  • Invest in customer relationship management systems for insights.
  • Offer exceptional customer service, building lasting relationships.
  • Prioritize customer experience, exceeding expectations for loyalty.

 

Strategic Planning and Execution

Every successful SME must develop detailed planning and focus on effective execution. Developing a well-defined business strategy that will encompass market analysis, competitor assessment, and financial planning will be the groundwork for sustainable growth. SMEs must turn strategic objectives into actionable plans by allocating resources efficiently and monitoring progress rigorously.

Key benefits

  • Conduct regular SWOT analyses, adapting plans accordingly.
  • Continuously evaluate and iterate strategies for improvement.
  • Delegate tasks effectively, ensuring efficient execution of plans.
  • Develop contingency plans to mitigate unforeseen challenges.
  • Foster accountability and transparency in goal achievement.
  • Monitor key performance indicators, adjusting strategies as needed.
  • Set SMART goals, aligning actions with long-term vision.

 

Financial Management and Resource Allocation

Professional financial management is fundamental for SME success. SMEs should efficiently manage cash flow, control costs, and access capital to maintain high-impact financial power. Prudent resource allocation, prioritizing investments based on strategic objectives, and ROI analysis ensure optimal utilization of resources and sustain long-term viability.

Key benefits

  • Implement robust budgeting processes, tracking expenses meticulously.
  • Diversify revenue streams to reduce dependency on single sources.
  • Invest in technology for cost-saving and efficiency improvements.
  • Regularly review financial performance and adjust strategies accordingly.
  • Negotiate favorable terms with suppliers and vendors.
  • Leverage data analytics for informed decision-making on resource allocation.
  • Maintain a healthy cash flow through effective credit management and payment terms.

 

Networking and Collaboration

Building strategic partnerships and fostering collaborative professional relationships can propel SMEs to new heights. SMEs should focus on networking with industry peers, suppliers, distributors, and potential clients to expand market reach and provide access to valuable resources, expertise, and opportunities. Participating in industry events, trade shows, and business forums eases knowledge sharing and market intelligence gathering.

Key benefits

  • Actively seek out and nurture relationships with mentors and advisors for guidance.
  • Engage in community initiatives to build goodwill and network locally.
  • Foster strategic partnerships with complementary businesses for mutual benefit.
  • Join professional associations and trade organizations for networking opportunities.
  • Leverage social media platforms to connect with peers and potential collaborators.
  • Participate in industry events and conferences to expand your network.
  • Share knowledge and resources with partners to drive innovation and growth.

 

Adoption of Technology
In today’s age of technology, leveraging technology is essential for SMEs to stay competitive. Adopting digital tools and platforms for marketing, sales, operations, and customer service enhances efficiency, scalability, and agility. Additionally, harnessing data analytics and automation enables informed decision-making and process optimization, driving performance and innovation.

Key benefits

  • Adopt agile development methodologies for faster product iterations.
  • Automate repetitive tasks to free up time for innovation.
  • Embrace cloud computing for scalability and cost-efficiency.
  • Implement data-driven decision-making processes for strategic insights.
  • Invest in cybersecurity measures to protect sensitive information.
  • Stay abreast of emerging technologies and their potential applications in your industry.
  • Utilize AI and machine learning for predictive analytics and personalized experiences.

 

Resilience and Persistence

The exploration of SME entrepreneurship is prevalent with challenges and obstructions. Success demands resilience and persistence in the face of adversity. SMEs should exhibit determination, perseverance, and a willingness to learn from failures to become better equipped to weather storms, adapt to change, and emerge stronger.

Key benefits

  • Cultivate a resilient mindset among employees through training and support.
  • Develop contingency plans for various scenarios to mitigate risks.
  • Embrace change as an opportunity for growth and renewal.
  • Foster a culture of perseverance, celebrating small victories along the way.
  • Learn from failures and setbacks, adapting strategies for future success.
  • Maintain a diverse customer base to buffer against market fluctuations.
  • Seek feedback from stakeholders to identify areas for improvement and adaptation.

 

Talent Acquisition and Development

Human resources are vital assets for SMEs. Discovering top talents and possessing the requisite skills and expertise will drive organizational excellence. Moreover, investing in employee development through training programs, mentorship, and career advancement opportunities enhances performance and fosters a culture of loyalty and commitment.

Key benefits

  • Encourage continuous learning and professional development.
  • Foster a supportive and inclusive work environment to retain talent.
  • Implement mentorship programs to transfer knowledge and expertise.
  • Offer competitive compensation and benefits packages to attract top talent.
  • Offer training and development programs to upskill employees.
  • Provide opportunities for career advancement and leadership roles.
  • Recruit based on cultural fit and potential for growth.

 

Ethical and Social Responsibility

Upholding ethical standards and demonstrating social responsibility can make SMEs move forward. Operating with integrity, transparency, and environmental sustainability enhances brand reputation and resonates with socially conscious consumers. Actively engaging in community initiatives and giving back strengthens stakeholder relationships.

Key benefits

  • Actively seek feedback from customers and employees on ethical performance.
  • Adopt fair labor practices and supply chain transparency to ensure ethical operations.
  • Communicate openly with stakeholders about ethical principles and values.
  • Engage in sustainable business practices to minimize environmental impact.
  • Ensure diversity and inclusion in hiring practices and workplace culture.
  • Give back to the community through philanthropic initiatives and volunteerism.
  • Regularly audit and review business practices to ensure alignment with ethical standards.

 

Conclusion

The success of SMEs creates a countless of interconnected factors such as encompassing business innovation, customer-centric marketing, strategic vision-based missions, long-term planning, financial strength, adopting the latest technologies, collaboration, talent management, and resilience. Hence, by embracing the above key success factors and fostering a culture of business excellence and agility, SMEs will gain the key benefits mentioned to unlock their full potential for growth and prosperity.

Navigating Fiscal Challenges with Expert Financial Consulting

Navigating Fiscal Challenges with Expert Financial Consulting

In the current solid global growth rate, fiscal challenges are inevitable. From startups that are looking for investments to established corporations with complex financial issues, every size of business encounters hurdles that demand incisive financial navigation. In such scenarios, financial consultants come forward to solve the problems with their invaluable expertise by offering tailored solutions.

 

Understanding the Role of Financial Consulting

Financial consulting is based on a detailed understanding of current economic trends, regulatory frameworks, and industry dynamics apart from spreadsheet analysis. Hence, financial consultants serve as strategic partners by leveraging their expertise to find out financial ailments, develop actionable plans, and implement sustainable solutions.

 

Identifying Challenges and Opportunities

In the world of business, challenges from various departments often present themselves as new opportunities in disguise. Financial consultants are highly skilled at identifying these dualities, examining financial statements, evaluating market conditions, and pinpointing areas that need further optimization. Whether it is optimizing working capital, reducing risks, or identifying growth avenues, financial consultants employ a blend of analytical prowess and industry insights to unlock hidden value within organizations.

 

Tailored Strategies for Sustainable Growth

As every business is unique, because of its own set of challenges, objectives, and constraints, companies need tailored strategies for sustainable growth. This is the key concept of financial consulting – the ability to craft bespoke strategies tailored to the specific needs of a particular business. Consultants ponder over the intricacies of a business after carefully analysing its financial DNA and prescribe solutions that align with its strategic vision and long-term objectives.

 

Enhancing Financial Resilience

Because of recent economic volatility and uncertainty, the importance of financial resilience is paramount. Businesses must strengthen their financial foundations to weather storms and seize opportunities amidst adversity. Here financial consultants play a pivotal role in this endeavour to develop stress-testing financial models for enhancing risk management frameworks and fortifying balance sheets to withstand unforeseen shocks.

 

Conclusion

In the tumultuous oceans of business, fiscal challenges are one of the most important common issues. By understanding the unique challenges of various companies and developing new strategies, financial consultants empower organizations to navigate fiscal challenges with confidence, resilience, and foresight. In the ever-evolving landscape of business, the guidance of financial consultants remains indispensable.

At DhuMall’s Business Solutions, we understand the critical role that effective strategies play in navigating the competitive landscape. Our commitment to assisting businesses thrive amidst market competition is unwavering. We provide the following business solutions to assist our clients:

  • Accounting And Finance
  • Business Funding
  • Company Formation
  • Corporate Secretarial Services
  • HR Services
  • International Business
  • IT & Software Services
  • Legal Services
  • Sales & Business Development
  • Strategic Business Services
  • Trademark & IP Services
  • Training & Development
  • Technology Solutions
  • Marketing, Branding & Advertising

We are committed to empowering businesses with the strategies and tools they need to thrive in competitive markets. Contact us today to discover how we can help your business succeed in an ever-changing landscape.

Navigating the Competitive Seas: Strategies for Coping with Market Competition

Navigating the Competitive Seas:

Strategies for Coping with Market Competition

Market competition is an inevitable and constant force, as the corporate world needs to go ahead with its strategies of ever-evolving. Regardless of the types of business sector, startups or established businesses must develop strategies for coping with market competition to attract new customers and retain existing customers. Business competition requires greater resilience as well as a powerful strategic approach that fosters growth and sustainability. In this article, let’s study key strategies that businesses must adopt to navigate the competitive landscape successfully.

 

Know Your Competitors

Knowing your competitors is the first step, as it will make you who your competitors are so that it will help you in formulating an effective strategy. By conducting thorough market research, you can identify who your competitors are, their strengths and weaknesses, and the unique value propositions they provide to their beloved customers. This knowledge will enable you to differentiate your brand, identify what kinds of improvement you can do for business growth, and capitalize on opportunities that may arise in the market.

Key Benefits

  • Allocate resources more effectively in competitive areas.
  • Anticipate competitive threats and market shifts.
  • Benchmark your performance against industry leaders.
  • Build stronger relationships with customers through informed decision-making.
  • Enhance your own unique value proposition.
  • Foster a culture of innovation and proactive strategy.
  • Gain insights into customer preferences and behaviors.
  • Identify emerging trends and opportunities.
  • Identify potential areas for collaboration and differentiation.
  • Tailor marketing strategies based on competitor weaknesses.

 

Differentiate Your Brand

In an overcompetitive marketplace, brand differentiation is essential to attract your customers with a unique USP. Identify what sets of features of your products or services are different from the competition and emphasize these unique selling points in your marketing and branding efforts. Whether it is a superior product feature, exceptional customer service, or a commitment to sustainability, highlighting what makes your brand special can attract and retain customers in a fiercely competitive environment.

Key Benefits

  • Attract a more loyal customer base.
  • Boost brand advocacy and word-of-mouth marketing.
  • Command premium pricing and higher margins.
  • Create barriers to entry for competitors.
  • Enhance perceived value and quality.
  • Establish long-term sustainability and resilience.
  • Foster emotional connections with consumers.
  • Increase brand recognition and memorability.
  • Increase market share through brand preference.
  • Reduce sensitivity to price fluctuations.

 

Focus on Customer Experience

If you are able to gain exceptional customer experience, your brand can be a powerful differentiator. In a world where consumers have numerous choices, providing outstanding customer service can create a loyal customer base. Invest in understanding your customers’ needs, preferences, and pain points, and tailor your products or services accordingly. A satisfied customer is likely to become a repeat customer and will become an advocate for your brand.

Key Benefits

  • Boost customer retention and repeat business.
  • Differentiate from competitors based on service quality.
  • Drive positive online reviews and referrals.
  • Enhance brand reputation and credibility.
  • Foster brand ambassadors and advocates.
  • Gain valuable insights for product/service improvement.
  • Improve customer satisfaction and loyalty.
  • Increase customer engagement and interaction.
  • Increase customer lifetime value.
  • Reduce churn and attrition rates.

 

Embrace Innovation

Stagnation is the opposite force of competitiveness. Keep introducing new techniques to stay ahead of the curve by fostering a culture of innovation within your organization. This could involve regularly updating your products or services, adopting new technologies, or finding creative solutions to customer challenges. By continuously evolving and adapting to innovations, your business can position itself as a leader rather than a follower in the market.

Key Benefits

  • Accelerate time-to-market for new offerings.
  • Adapt quickly to changing customer needs and preferences.
  • Attract top talent and creative minds.
  • Capture early adopters and trendsetters.
  • Create innovative excitements in the market.
  • Drive product/service differentiation and relevance.
  • Enhance brand reputation as a forward-thinking company.
  • Establish a competitive edge and future-proof the business.
  • Increase market share through innovation leadership.
  • Unlock new revenue streams and business models.

 

Strategic Alliances and Partnerships

In certain situations, forming strategic alliances or partnerships can be a mutually beneficial strategy. Collaborating with other brands can create new opportunities for growth, provide access to additional resources, and enhance your competitive position. Whether it is a joint marketing campaign, a co-branded product, or a shared distribution network, strategic partnerships can offer a competitive edge.

Key Benefits

  • Access new markets and customer segments.
  • Build long-term mutually beneficial relationships with key industry players.
  • Enhance product/service offerings through collaboration.
  • Expand distribution channels and market reach.
  • Foster innovation and creativity through diverse perspectives.
  • Gain access to complementary technologies or expertise.
  • Advance brand visibility and awareness through strategic alliances.
  • Mitigate risks and uncertainties through shared responsibilities.
  • Share resources and reduce costs.
  • Strengthen brand positioning through association with partners.

 

Monitor and Adapt

Be prepared to adjust your strategies and offerings based on the evolving landscape. Agility and responsiveness are key attributes for coping with market competition effectively. The business landscape keeps changing. So successful companies are those that can quickly adapt to change. Regularly monitor market trends, consumer behavior, and industry developments.

Key Benefits

  • Adjust marketing strategies in real time for optimal results.
  • Enhance agility and responsiveness to market dynamics.
  • Foster a culture of continuous improvement and learning.
  • Identify emerging market trends and consumer behaviors.
  • Improve decision-making through data-driven insights.
  • Increase credibility and effectiveness in marketing efforts.
  • Minimize risks through proactive monitoring and adjustment.
  • Optimize resource allocation for maximum ROI.
  • Stay ahead of competitors by forestalling changes.
  • Sustain long-term growth and profitability through adaptive strategies.

 

Conclusion

Market competition is a reality that every business must face, as it can be a driving force for innovation and improvement. By understanding what the strategies of your competitors are, what they perform, and how they implement them, you can discriminate your brand, focus on customer experience, adopt innovation, discover strategic alliances, and become vigilant in monitoring and adapting to changes.

 

Online Learning In The Post-Pandemic Era

Online Learning In The Post-Pandemic Era

The outbreak of COVID-19 reshaped the way of working of companies and their employees, all over the world. As the pandemic pushed the companies to adopt remote working, the customary in-person training became impractical.

 

Because of the financial challenges during these tough times, many companies tried to pause the training of their employees in an attempt to cut costs. However, it turned out to be realistically unworkable. The changing circumstances of the pandemic and the economic crisis triggered by it as well as the adoption of new technology demanded addressing specific skill and knowledge gaps in employees. The companies eventually, out of necessity, had to resort to e-learning platforms to reskill and upskill their employees.

 

Although the companies were already transitioning to online learning programs way before the COVID-19 pandemic, the transformation accelerated massively and dramatically at the height of the pandemic.

 

Today, nearly 80% of businesses prefer providing online training to their employees. As per a study conducted in 2023, this evolution of employee training will continue in 2024 and beyond.

 

This is because, as time went by, the employees resiliently adapted to online training and digital courses. The businesses also discovered that online learning actually offered them a myriad of benefits.

 

One of the top benefits of online learning is that it helps in better retention. A study states that online learners can retain about 25 to 60% of what they learn while requiring 40 to 60% less time than that of traditional learning systems. Consequently, it can improve employee performance by 15% at the minimum as well as boost employee engagement by about 18%. The online learning courses can also be updated at any time to make certain that employees study the latest training content. Thus, e-learning is comparatively better and more effective.

 

Online learning is cost-effective as it is scalable. Employees can access the study material through their digital devices so there is no need to spend on printed material, dedicated classroom facilities, conveyance allowances, etc. Also, digital courses facilitate self-learning, eliminating the need for hiring trainers to train the employees. So, e-learning is helpful in cutting down employee training costs.

 

Employees also prefer online training because it offers flexibility to study as and when they want to, which helps them to manage their schedule better. Unlike traditional learning settings, it lets them study at their own pace, lifting off the pressure to keep up with the imposed time limit. Because they have access to the study material at their fingertips, they can easily review and revise it whenever they want to.

 

Today more and more businesses are executing digital transformation and process automation to stay competitive in the market. Consequently, in the post-pandemic era, companies are focusing on providing pertinent skills and knowledge to their employees to make them competent enough to handle challenges and deal with problems related to automation and digitalization. Even in 2024, learning and development utilizing video format are highly preferred because of its great effectiveness.

 

In this post-pandemic era, if you are trying to bridge the widening skill gaps in your company, then look no further than iSuperLearner – the best training and development solution, presented by DhuMallthe No.1 biz marketplace.

 

This e-learning platform offers over 6000 high-quality Online Videos, Quizzes, and Courses developed by well-experienced professionals such that it covers a wide range of categories. It also incorporates supplemental materials such as workbooks, handouts, questionnaires, infographics, fact sheets, etc. The content delivered is short, engaging, and easy to absorb.  Here, the existing courses are regularly revised and new course topics are added, time after time, to keep up with the latest updates.

 

The platform incorporates the most effective Assessment & Progress Tracking Technique. It automatically tracks the progress of the learners to let them self-evaluate. At the end of each module of a course, a quiz is conducted to assess the effectiveness of the study. The learner is not permitted to move to the next topic until the minimum score is achieved, ensuring a thorough & in-depth study is done at each stage.

 

The assessment done is very rapid and effective with instant feedback and hence there is no waiting time. Also, on successful completion of each module, the learner is offered points & badges to measure the success.

 

The system keeps a record of trainees’ courses in progress as well as the completed courses. It also helps you monitor the real-time progress of the employees pursuing the training.

 

Consistency and standardization are the best aspects of this learning and development program. The well-developed system consistently provides the same standard of training across the entire workforce.  So, you can rest assured that every employee trained on the iSuperLearner portal will invariably obtain the same high-quality training.

 

The latest survey found that nearly 70% of employees opt for online learning with self-paced courses. iSuperLearner platform is specifically designed and built by our proficient experts to support convenient and systematic learning while taking their own time. The trainees also get ongoing access to the platform so they can study whenever they want to.

 

This online learning platform focuses on providing a stress-free, positive learning environment. The stress of learning new things stems from the fear of failure. The assessment quizzes at the end of each module of the courses on this platform let the learners go wrong and learn the correct answers without getting embarrassed in front of a group. Thus, the iSuperLearner not only allows learners to study at their own pace but also provides opportunities to fail and learn from their mistakes without any judgment.

 

Now, iSuperLearner is available on DhuMall, the #1 Biz Marketplace with the best price rates. The individual plans support access for a selected time duration while the corporate plans are based on scalability. You can subscribe to a plan according to the number of employees you want to get trained in your organization, by this learning system. The scalability feature of iSuperLearner makes it very economical and investment-worthy.

And

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