Latest Business News, Finance Updates, Market Trends https://techtodayreviews.com/category/business/ Mon, 11 Sep 2023 08:19:42 +0000 en-US hourly 1 https://wordpress.org/?v=6.2.2 https://techtodayreviews.com/wp-content/uploads/2020/12/TechTodayReview.jpg Latest Business News, Finance Updates, Market Trends https://techtodayreviews.com/category/business/ 32 32 Mind Mapping: Better Organization And Increased Productivity https://techtodayreviews.com/mind-mapping-better-organization-and-increased-productivity/ https://techtodayreviews.com/mind-mapping-better-organization-and-increased-productivity/#respond Mon, 11 Sep 2023 08:19:25 +0000 https://techtodayreviews.com/?p=2628 Let’s imagine a world where your ideas and information are freed from the monotony of boring lists and endless paragraphs. Imagine a place where your thoughts can soar, expand and creatively connect. This world exists, and it is called Mind mapping! Mind mapping or, in French, mental map, is the new secret weapon of business […]

The post Mind Mapping: Better Organization And Increased Productivity appeared first on Tech Today Reviews.

]]>
Let’s imagine a world where your ideas and information are freed from the monotony of boring lists and endless paragraphs. Imagine a place where your thoughts can soar, expand and creatively connect. This world exists, and it is called Mind mapping!

Mind mapping or, in French, mental map, is the new secret weapon of business productivity according to some. Indeed, it is an invaluable tool for people who seek to organize their thoughts, better understand information and retain concepts. It is easy to learn and can be used in many situations.

What is mind mapping?

Mind mapping is based on the idea that information is better remembered and more easily accessible when presented visually rather than in lists or paragraphs. It consists of starting from a central idea and developing it by creating branches that represent sub-ideas, examples, anecdotes, etc. Each branch can in turn be developed into other branches, thus forming a tree of thought.

The advantage of mind mapping is that it allows you to visualize the links between ideas and information, which helps to establish connections and better understand concepts. It can also help identify key ideas and eliminate unnecessary information. Additionally, mind mapping is an interactive process that encourages active participation and creativity, which can make note-taking more fun and effective.

The origins of the concept

The concept of mind mapping was popularized by Tony Buzan, a memory and artificial intelligence expert, in the 1970s. According to Buzan, mind mapping was inspired by visual note-taking techniques used by artists and scientists. for centuries.

Buzan developed the method of mind mapping using colors, images and shapes to represent ideas and information visually and interactively. He claimed that the brain better remembers information presented visually rather than in lists or paragraphs.

The concept of mind mapping was quickly embraced by professionals around the world, who used it to solve problems, make decisions, plan projects, and better understand complex concepts. Today, mind mapping is considered an essential thinking tool for people looking to organize their thinking and maximize their productivity.

Also Read: 10 Measures To Be Creative In Human Resources Management

How to make a mind map?

There are several ways to make a mindmap, from manual techniques such as drawing on paper to dedicated software such as XMind, MindNode or MindMeister. Everyone can choose the method that best suits them according to their preferences and needs.

Here’s how to make a mind map:

  • Identify the central topic: Determine the topic or problem you want to explore with your mind map. It must be concise and clear to allow you to start building your mind map.
  • Place the central topic in the center of the page: Draw a circle or square around your central topic and write it in the center of the page.
  • Add branches: Draw branches from the central topic to represent related ideas. Use colors, images and keywords to identify them.
  • Add sub-branches: For each branch, add additional sub-branches to deepen the ideas.
  • Link ideas together: Use arrows or lines to link ideas together and show how they are related.
  • Add details: For each idea, add details to explain and expand on it.
  • Review and adjust: Once your mind map is complete, review it to make sure it’s clear, consistent, and all ideas are connected. Adjust it if necessary.

The benefits of mind mapping in business

Improves decision making

Mind mapping visualizes ideas and options in a clear and concise manner, making it easier to compare and evaluate different options. This can help teams make more informed and faster decisions.

Promotes collaboration

It is a collaborative tool that can be used as a team to explore ideas and concepts interactively. This can enhance communication, understanding and cooperation within the team.

Facilitates project planning

Mind mapping can help define the goals, milestones and responsibilities associated with a project. It also helps visualize dependencies and relationships between tasks, which can help identify potential roadblocks and craft solutions.

Better understanding of complex concepts

Mind mapping can help to better understand complex concepts by representing them visually and interactively. This can be particularly useful when preparing for presentations, meetings or debates.

Increased productivity

Mind mapping can help organize ideas and information effectively, which can improve productivity by eliminating distractions and allowing tasks to be expedited.

In summary, mind mapping is a valuable tool in business because of its ability to improve decision-making, foster collaboration, facilitate project planning, better understand complex concepts, and increase productivity.

Also Read: Increase The Productivity Of Your Small Business

The post Mind Mapping: Better Organization And Increased Productivity appeared first on Tech Today Reviews.

]]>
https://techtodayreviews.com/mind-mapping-better-organization-and-increased-productivity/feed/ 0
How Can Organizations Protect Sensitive Data In Big Data Environments? https://techtodayreviews.com/how-can-organizations-protect-sensitive-data-in-big-data-environments/ https://techtodayreviews.com/how-can-organizations-protect-sensitive-data-in-big-data-environments/#respond Fri, 08 Sep 2023 08:39:37 +0000 https://techtodayreviews.com/?p=2625 Managing a big data environment is challenging, especially when you have sensitive, high-risk information to protect. Your organization can take steps to make your cybersecurity more agile and robust so you can safeguard vulnerable data without over-complicating your network. Here are the top strategies you can use to protect it. Implement Network Segmentation One of […]

The post How Can Organizations Protect Sensitive Data In Big Data Environments? appeared first on Tech Today Reviews.

]]>
Managing a big data environment is challenging, especially when you have sensitive, high-risk information to protect. Your organization can take steps to make your cybersecurity more agile and robust so you can safeguard vulnerable data without over-complicating your network. Here are the top strategies you can use to protect it.

Implement Network Segmentation

One of the first things organizations should do to protect their sensitive data is implement network segmentation. This is a flexible and highly effective strategy for keeping vulnerable information safe, even in big data environments. It can also minimize the threat of cyber incidents in worst-case scenarios.

Network segmentation involves breaking up your organization’s network into multiple chunks with layers of security isolating them from each other. They all live under the roof of one system, but movement between the segments is restricted. You can customize the safeguards for different layers, allowing you to have more open and heavily protected data groups in the same environment.

There are a few ways you can implement network segmentation. Most strategies employ a combination of physical and virtual tools. For example, firewalls are a core technology for segmenting networks. You can also use software like VLANs and network overlays, as well as identity management products like access control lists.

Segment your network based on levels of risk. Low-risk data is usually more easily accessible since users often need it regularly. In contrast, high-risk data should have finely tuned firewalls and access controls separating it from the rest of the environment. This will make it harder to access, but that shouldn’t impact the user experience since it shouldn’t be accessed frequently.

Increase Network Visibility

Visibility is crucial for protecting sensitive information. One of the most common drawbacks of a big data environment is the sheer volume to monitor. It’s easy for unusual activity or exposed data to go unnoticed. Hackers often exploit that weakness.

Increasing visibility is vital to eliminate this risk factor. In fact, poor visibility is one of the top indicators your organization might need to upgrade its computing infrastructure. Disorganized networks with poor communication often suffer from low data clarity, leaving them highly exposed.

There are several ways you can improve network organization and transparency. Automated monitoring is a great option, particularly for big data environments. Visibility will naturally be a challenge if you have a lot of information to track. Automating some monitoring tasks can reduce the workload and make effective monitoring more achievable.

Additionally, automated monitoring will significantly improve your threat detection capabilities. It’s all too easy for breaches to go unnoticed in big data environments. Time is critical for minimizing the threat of a hack, though. Automation enables you to detect suspicious activity sooner rather than later.

As a general rule, automating security features as much as safely possible will simplify things in a big data environment. You can automate repetitive tasks like flagging suspicious activity, rejecting unauthorized access, encrypting sensitive information and more. Utilizing automated security tools will make protecting vulnerable data much easier for your security team.

Another vital aspect of improving network visibility is understanding your entire computing environment. Take time to completely map out your data, users, traffic patterns and security protocols. It’s much easier to see where you’re going when you have a road map. Plus, the network mapping process often highlights existing vulnerabilities and weaknesses.

Also Read: Cybersecurity: How To Properly Protect Your Professional Email?

Make Access Control a Top Priority

Identity and access management should be part of every organization’s cybersecurity strategy, but it’s especially important for big data environments. Access control can help with network organization and visibility. It’s one of the foundational methods for keeping sensitive information safe, even in a large, dispersed system.

The principle of least privilege is a great place to start. This approach to access control only grants users the absolute minimum amount of access they need and nothing more. It often goes hand in hand with zero-trust security, which uses continuous verification to confirm user authorization.

Both of these can also factor into your network segmentation strategy. You can restrict access to entire segments and use more granular control for specific files or applications that are especially vulnerable.

With this type of data, it is usually best to create a short white list of approved users rather than a much longer black list of unauthorized ones. As with the least privilege approach, limit your safelist to only the people who absolutely need to access the sensitive data and no one else.

Physical security is also important to address. Big data environments can be fully cloud-based, all on-prem or a hybrid combination of infrastructure models. Regardless, the information is still ultimately tied to a physical server somewhere in the world. When selecting a data center provider or managing in-house servers, it’s crucial to ensure physical access control protocols are in place.

On-site server security can be automated or contracted out, much like virtual security automation. This is the case with most cloud providers and colocation data centers, which often provide in-house security services like 24/7 surveillance, advanced access control, alarm systems and more.

You may be able to have sensitive data stored on one or two isolated server racks if you want to ensure maximum on-site security for specific information. Work with your in-house IT team or data center partner to determine the best way to physically secure servers.

Conduct Tests and Audits Regularly

Testing and audits are essential components of any robust cybersecurity strategy. They’re a great way to regularly check in on the health and effectiveness of your security protocols and ensure you are adapting to new threats.

You can use these tests to verify that your sensitive data has the best security possible. During penetration testing, you can even prioritize certain information so the tester can direct their focus there.

You’ll know you most likely have strong protections if the tester can’t successfully access your organization’s sensitive data. If they do succeed, they can help you identify and eliminate vulnerabilities so real hackers can’t get through. Either way, testing is invaluable for protecting your information.

You can hire a white hat hacker to put your big data environment to the test. This is someone with hands-on experience in hacking who uses their knowledge to help security teams rather than commit cybercrime.

White hat hackers know how cybercriminals would look at a network. This unique perspective allows them to see weaknesses others wouldn’t notice. They may be able to identify vulnerabilities even a penetration tester might miss.

Additionally, consider adopting a formal cybersecurity framework. NIST is among the most popular today, particularly in the United States. It has a large community that offers best practices, tips and guidance, as well as audit support. Security frameworks can help you stay ahead of emerging threats and leverage expert advice in your strategy.

Ensuring Security in a Big Data Environment

Managing a big data environment can be daunting, especially when it includes pockets of sensitive information requiring more protection. You can utilize several strategies to protect high-risk data, including network segmentation, automated monitoring, least-privilege access control and penetration testing. These tactics will build layers of security and increase visibility.

Also Read: Apps And Data Protection – How To Secure Your Data

The post How Can Organizations Protect Sensitive Data In Big Data Environments? appeared first on Tech Today Reviews.

]]>
https://techtodayreviews.com/how-can-organizations-protect-sensitive-data-in-big-data-environments/feed/ 0
Entrepreneur In Communication: Mistakes To Avoid https://techtodayreviews.com/communication-mistakes-to-avoid-entrepreneur/ https://techtodayreviews.com/communication-mistakes-to-avoid-entrepreneur/#respond Thu, 24 Aug 2023 04:30:20 +0000 https://techtodayreviews.com/?p=2611 Are you ready to embark on the entrepreneurial adventure of the communication sector? Congratulations! Before jumping into the deep end, it is important to learn about the news of the profession in order to seize the best opportunities. Discover our advice for getting started in communication, as a freelancer or in an agency, as well […]

The post Entrepreneur In Communication: Mistakes To Avoid appeared first on Tech Today Reviews.

]]>
Are you ready to embark on the entrepreneurial adventure of the communication sector? Congratulations! Before jumping into the deep end, it is important to learn about the news of the profession in order to seize the best opportunities. Discover our advice for getting started in communication, as a freelancer or in an agency, as well as the mistakes not to make to succeed in your project.

How to become self-employed in communication?

The world of communication is very interesting but also very dynamic . Community manager, web editor, public relations consultant… The professions are varied. You want to put your creativity at the service of companies but you don’t know how to get started as an entrepreneur? Here are our tips.

What status to get started: the specificities of freelance

Employee or freelancer? This is certainly the first question a person who wants to get into communication asks. Employee status offers some stability and the security of a fixed income. In addition, entrepreneurship may seem difficult at first, because of the many steps to take to create a business.

However, when you think twice, freelancing in communications offers a lot of freedom . Firstly, you have the possibility to choose your place of work and your hours. It is also possible for you to choose your clients, whereas they are imposed on you when you work in an agency.

How to make yourself known when you are self-employed in front of agencies?

As a communication entrepreneur, you have a major advantage: you have a perfect command of…communication! Publicizing your business shouldn’t be too difficult for you. By focusing on an effective multi-channel strategy and a strong corporate identity , you will manage to stand out, especially since there are many opportunities today, especially for freelancers.

Communication consultant, a booming profession

Working as a freelancer can be a real advantage in today’s communications market. Indeed, all companies need communication advice, but not all have the necessary means to hire a full-time employee, so they turn to freelance consultants.

Thus, you will reach another market. SMEs in decentralized areas and the public sector regularly call on small communication consultancy structures . This type of customer appreciates the proximity, the personalization of the services and the sometimes more affordable prices of the latter.

Once you’ve landed your first assignments as a communications consultant, it’s time to prove yourself. Discover the main mistakes to avoid in the strategies you will propose to your clients.

Also Read: The Most Common Entrepreneurs Mistakes Make When Building A Brand

Mistakes to avoid for successful communication

Not sufficiently evaluating the effectiveness of its strategy

In communication, you should never take anything for granted. Just because a campaign worked once doesn’t mean it will work again in the years to come. This is why it is crucial to regularly evaluate the effectiveness of your communication strategy .

First of all, it must be verified that the strategy still meets the objectives that were set at the start of the project. Consider the failures to readapt your actions, but don’t forget the successes and capitalize on them to improve. This evaluation also allows you to check that you are not using your resources unnecessarily and that the communication you carry out brings you real added value.

Finally, evaluating your communication strategy allows you to ensure that you are still relevant to your audience. Producing inappropriate content is another important mistake to avoid.

Giving unsuitable advice to his audience

Producing content for the sole purpose of showing that you are active is counterproductive. Relevance is the first objective that should guide your communications. In fact, appropriate content promotes public engagement and buy-in to your business . This will allow you to retain it, or even expand it. When content appeals, it is more likely to be re-shared by targets. They will also be more likely to recommend you, which will help improve the company’s credibility and reputation.

Not creating a sufficiently recognizable brand

Once you have successfully captured the target audience’s attention, it is important to keep it. To do this, you have to be recognizable. It goes through a strong brand identity. Start by defining the key values ​​of the company, those that will allow you to stand out.

Then, set up a graphic charter, with colors and symbols as well as a logo, so that it is easily recognized . These characteristics must be governed by brand standards in order to remain consistent across all communication channels.

This last point is important: the brand identity must be communicated through all communication channels , such as the website, social networks, advertisements and company documents.

Abandoning digital communication as a freelancer

Auto-entrepreneurs tend to neglect digital communication because they don’t have time to deal with it or because they think it’s not relevant given the size of their business. It’s time to prove them wrong: digital communication is essential these days.

Communicating on the Internet has several advantages . First, you will reach a wider audience. With the increase in the use of smartphones and other connected devices, digital communication provides access to billions of online users worldwide.

So you can target more people… for less! Indeed, digital campaigns are often less expensive than communications on traditional media such as newspapers and television. There are several inexpensive tools that can help self-employed businesses gain visibility. For example, it is possible to work on the SEO of the website to appear higher in the search results.

As a communication advisor, it is your duty to offer them strategies adapted to their needs and means, but also to current issues.

Also Read: Entrepreneurial Skills For A Successful Business Creation Project

The post Entrepreneur In Communication: Mistakes To Avoid appeared first on Tech Today Reviews.

]]>
https://techtodayreviews.com/communication-mistakes-to-avoid-entrepreneur/feed/ 0
The Customer Journey: A Pathway To Sales Success And Long-Term Client Retention https://techtodayreviews.com/a-pathway-to-sales-success-and-long-term-client-retention/ https://techtodayreviews.com/a-pathway-to-sales-success-and-long-term-client-retention/#respond Fri, 11 Aug 2023 14:38:15 +0000 https://techtodayreviews.com/?p=2598 Small- and medium-sized businesses (SMBs) and entrepreneurs must engage with the customer journey to ensure repeat clientele and execute operational improvements. The effort deepens relationships with the target audience to create curated products and services for stability and resilience. What Is the Customer Journey? A customer walks the aisles of grocery stores, checking their list […]

The post The Customer Journey: A Pathway To Sales Success And Long-Term Client Retention appeared first on Tech Today Reviews.

]]>
Small- and medium-sized businesses (SMBs) and entrepreneurs must engage with the customer journey to ensure repeat clientele and execute operational improvements. The effort deepens relationships with the target audience to create curated products and services for stability and resilience.

What Is the Customer Journey?

A customer walks the aisles of grocery stores, checking their list but grabbing spontaneous items along the way. The high-tech omnichannel setup of the shop creates a seamless experience as they ask for directions and review signage based on guidance from store workers. The individual feels calm because of the music lightly playing on the store radio.

Later, they have to make a last-minute gift purchase online. They struggle to navigate the site because of the complicated user interface. The coupon code advertised on the site does not work and they gave up on using it because customer service did not respond promptly.

The examples detail the nuance and variance between a customer’s journey. It outlines the interactions and stimuli consumers interact with until they purchase. The journey starts when a person acknowledges a brand for the first time. Companies must question how they empathetically direct customers toward retention in every step, including but not limited to:

  • Unraveling website breadcrumb navigation.
  • Having flexible payment options.
  • Publicizing information about products, such as sustainability specs.
  • Increasing awareness of return policies.
  • Engaging with customers in-person and on social media without pestering.
  • Advertising sales and specials.
  • Improving products for longer or optimized usage.

The experiences described portray the flip sides of the customer journey coin. Even if the path is positive the entire way, that does not mean SMBs stop improving their customer service, products and marketing strategies. Enterprises must still concern themselves with how the customer is faring with their purchase after they go home.

Also Read: What Is Timeshare Sales Management?

How Can Companies Evaluate the Facets of the Journey?

Constructing the ideal roadmap for customers begins with refining a brand’s total experience (TX). SMBs with honed TXs outpace the competition by 25% because they bolster employees and customers. Empowered employees equal higher success for customer satisfaction and aligning purchasing goals with the corporation’s values.

The journey happens in five consistent stages. Marketers define the touchpoints easily, but every instance ranges widely based on obstacles, conversations and personal bias. The factors impacting each phase are infinite. However, knowing the stages helps entrepreneurs evaluate buyers with precision:

  • Awareness: How the customer notices the brand, whether through billboards or a friend’s recommendation. It is when they begin researching.
  • Consideration: When they recognize the value in the product or service to fulfill a want or need.
  • Purchase: The moment the consumer commits.
  • Retention: The customer’s relationship with the purchase over usage, interactions with other community participants, customer service and online content.
  • Advocacy: When the customer discusses the company to others without provocation.

Gathering analytics is the initial step in evaluations. Determine what metrics perpetuate tangible change instead of collecting as much as possible. Is knowing customers’ professions necessary versus measuring their dwell time on a site or in-store? Marketing segmentation is crucial for understanding audiences more intimately and productively. Demographics and behavioral trends identify commonalities in the awareness and consideration phase.

Understanding the audience helps you eliminate high-friction obstacles preventing customers from leaping to the next stage. Reduce pain points from your gathered customer feedback to know where to place efforts. Reviewing the customer journey is vital because following market trends without ensuring they are relevant to the customer base leads to misplaced budgets and confused consumers.

How Do You Implement Changes for Improved Experiences?

Most consumers are using mobile devices for data gathering and buying. Reducing proximity between customers and awareness is crucial for accelerating to other stages with positive connotations. It aids the consideration and purchase phase to personalize experiences for the customer using technology. They seek convenience, which you implement by increasing payment options and minimizing data collection.

Some stages feel passive, but brands must shift to proactive techniques in each phase to implement adjustments properly. For example, the awareness phase is when customers research the product or service to increase their proficiency, which usually involves competitors. You can place explanatory, SEO-optimized, user-intent-driven content on your site so they do not have to venture far.

Changing UX for the purchase and retention stages begins with authenticity. Customers demand transparency about values and business practices. The journey is more likely to happen again if they do not question the practical and ethical implications of moving forward. They feel inclined to take advantage of incentives, such as limited-time coupon codes from email marketing campaigns.

Advocacy happens organically if every previous phase tailors to customer needs and desires. Companies increase the likelihood and long-term value of advocacy by customizing every touchpoint. Incorporating technology makes it impactful, primarily when crafting a voice of the customer methodology for increasing feedback volume. Reference your customer journey map to find opportunities to make intentional tech enhancements. Too many make the process feel overcomplicated, so maximize capability without being cumbersome.

A Company and Customer Journey to Success

Customers buying products go through hundreds or thousands of layered feelings and data points before committing. SMBs risk retention and long-term wealth by ignoring the intricacies and assuming providing a high-quality product or service is enough. Expectations are higher than ever, and SMBs must invest time and resources in unpacking how their customers experience their journeys. These elements are necessary for amplifying and ensuring competitive relevance.

Also Read: Digital Sales Channels: The Key To Selling Online

The post The Customer Journey: A Pathway To Sales Success And Long-Term Client Retention appeared first on Tech Today Reviews.

]]>
https://techtodayreviews.com/a-pathway-to-sales-success-and-long-term-client-retention/feed/ 0
How To Do Big Data In My Company: Prerequisites https://techtodayreviews.com/how-to-do-big-data-in-my-company/ https://techtodayreviews.com/how-to-do-big-data-in-my-company/#respond Mon, 07 Aug 2023 14:45:39 +0000 https://techtodayreviews.com/?p=2592 Big Data is not just a fad, but a real underlying trend that is shaking up our economy and affecting all businesses; large accounts, but also freelancers, VSEs and SMEs. The real question is not so much whether to do Big Data or not, but rather How to do Big Data in your company, for […]

The post How To Do Big Data In My Company: Prerequisites appeared first on Tech Today Reviews.

]]>
Big Data is not just a fad, but a real underlying trend that is shaking up our economy and affecting all businesses; large accounts, but also freelancers, VSEs and SMEs. The real question is not so much whether to do Big Data or not, but rather

How to do Big Data in your company, for what purpose and with what technology. After having defined the concept of Big Data, the manager’s blog summarizes its usefulness for the company and gives you its prerequisites for implementing one or more Big Data technologies in your organization.

Reminder of the facts: What is Big Data?

Big Data has gained momentum as the web has entered our lives. Indeed, the term defines all the new technologies that make it possible to collect, store and analyze data that are a priori independent of each other, in order to come up with correlations or decision-making aid conclusions for companies. By “data”, we mean all the personal information that we sow on the Internet (social networks, connected objects, Web browsing, etc.), which serve the commercial and marketing departments of a company, but it is also its financial information and reporting data. specific to each service… In short, Big Data makes it possible to gather a set of data, analyze them and correlate them. Big Data is also possible thanks to new technologies, which optimize the collection and storage of an increasingly large volume of information. Finally, the new artificial intelligence algorithms have the ability to analyze in real time and in a refined way all the data they are asked to process.

Big Data in my Company: What for?

The challenge for companies is to use Big Data to improve the profitability of their services:

  • Improve knowledge of customer behavior for the marketing department
  • Anticipate purchasing behavior
  • Personalize and automate communication campaigns for the sales department
  • Anticipate recruitment and training needs, better manage the age pyramid of your company for the human resources department
  • Optimize costs and deadlines
  • Make strategic decisions based on trends and statistics from a large volume of data (which improves the possibility of results)

Also Read: 5 Keys That Make Big Data The Perfect Ally For The Retail Sector

How to do Big Data in my Company: Prerequisites

1. Identify the Objective

The real challenge is to identify for what purpose you want to integrate Big Data technology into your business. To do this, ask yourself:

  • Which position or service should be optimised/profitable
  • How should the position be optimized (saving time, automating a time-consuming task with low added value, lowering costs, better understanding of a problem, etc.)
  • What variables influence the optimization of your position/department
  • What data should be collected and correlated to obtain a relevant result / analysis

Note that Big Data is generally only effective if it takes into account variables from multiple sources. You will need to take into account data that is outside the scope of the position or department you are looking to optimize. For example, a better understanding of customer behavior (optimization of the marketing department) requires data from social networks, web browsing, data collected in store (use of the loyalty card by your customers, for example – sales department), their interactions with the call center (sales department), the amount and dates of their purchases (invoicing department), etc. An effective Big Data system will have to include a cross-functional organization of your company; your identified data sources must leave their usual base to match towards the same analysis system.

2. Identify the appropriate Computer System

Some software and Saas offer Big Data technologies , particularly in the field of marketing where many tools are available. The analysis platforms set up by Google are Big Data tools, for example. You can visit the Google-Trends website to view the most popular keywords and web queries in France and around the world. Google Analytics is also a Big Data tool used by anyone who manages a website and wants to track their popularity on the Web. For specific purposes, you will need to deploy your own computer system and approach an expert.

3. Found a Big Data Service or Position

Ideally, a Big Data manager will be able to manage the procedures to be put in place for the proper management of company data: establishing data platforms, simplifying the tools for collecting and transmitting information to the main system. This position is called the “Chief Data Officer (CDO)” ; essential for good fluidity in the transmission of data from services that are a priori independent of each other. Finally, a draconian IT security policy is essential and a user charter must be established for your entire team. Found a Big Data department or position. Thus, setting up efficient Big Data requires extensive upstream thinking, or even a reorganization of your services. According to a study by Capgemini Consulting, 74% of the companies surveyed that have implemented Big Data have not clearly defined the criteria allowing them to identify, qualify and choose their use case in terms of Big Data (study carried out out of 250 executives and business leaders). To get out of the game and not invest at a loss in Big Data technology, we can only advise you to be accompanied by experts in the field!

Also Read: Big Data Analytics: What Is It, And Why Is It So Important?

The post How To Do Big Data In My Company: Prerequisites appeared first on Tech Today Reviews.

]]>
https://techtodayreviews.com/how-to-do-big-data-in-my-company/feed/ 0
What Is Timeshare Sales Management? https://techtodayreviews.com/what-is-timeshare-sales-management/ https://techtodayreviews.com/what-is-timeshare-sales-management/#respond Tue, 01 Aug 2023 11:14:24 +0000 https://techtodayreviews.com/?p=2585 A company’s sales management is responsible for developing and executing effective sales and marketing strategies to drive company revenue, ensuring customer satisfaction and the achievement of business goals. What is a Sales Department? What are its missions? The sales management of a company is the department or team responsible for managing activities related to sales, […]

The post What Is Timeshare Sales Management? appeared first on Tech Today Reviews.

]]>
A company’s sales management is responsible for developing and executing effective sales and marketing strategies to drive company revenue, ensuring customer satisfaction and the achievement of business goals.

What is a Sales Department? What are its missions?

The sales management of a company is the department or team responsible for managing activities related to sales, marketing and customer management. She plays a crucial role in the development and growth of the company by implementing strategies aimed at generating revenue and maximizing sales.

Sales management responsibilities can vary depending on the company, but typically include the following:

  • Sales strategy: The sales management develops an overall sales strategy by identifying target markets, defining sales objectives and establishing action plans to achieve these objectives.
  • Marketing: She oversees the company’s marketing activities, including market research, competitive analysis, customer segmentation, promotion of products and services, brand management, and customer communication.
  • Sales management: The sales department is responsible for sales management, including prospecting for new customers, negotiating contracts, setting prices, managing quotes and closing sales.
  • Customer management: It ensures customer satisfaction and loyalty by setting up processes and systems for monitoring customer relations. She may also be responsible for after-sales service and resolving customer issues.
  • Performance analysis: Sales management measures and analyzes sales performance using key performance indicators (KPIs) such as revenue, profit margins, conversion rates, marketing return on investment (ROI), etc. . These analyzes help to make strategic decisions and make improvements.

What is a Timeshare Sales Manager?

Part-time business management, also known as outsourced business management, is a management model where a company hires an external professional to take on business management responsibilities on a temporary or part-time basis. Instead of having a full-time internal sales manager, the company uses an external expert who intervenes on a regular basis and divides his time between several client companies.

It is important to note that timeshare sales management is not suitable for all businesses. Companies that need full-time in-house sales management or have very specific needs may prefer to hire a permanent sales manager. However, for small and medium-sized businesses, as well as startups, timeshare business management can be an effective solution to benefit from quality business expertise while managing costs more affordably.

The primary purpose of a Timeshare Sales Manager is to provide specialized sales expertise to companies that do not require full-time sales management or cannot afford to hire a permanent sales manager. This model has several advantages:

  • Specialized Expertise: Timeshare business management professionals are usually experienced experts in their field. They bring in-depth knowledge of sales, marketing and business management, and can bring fresh perspectives and ideas to the business.
  • Reduced cost: Hiring a part-time sales manager is often less expensive than hiring a full-time permanent sales manager. Companies can benefit from the expertise of a qualified professional without having to bear the salary costs and social charges associated with a full-time position.
  • Flexibility: Timeshare business management provides flexibility for businesses. They can adapt the services of the commercial director according to their specific needs and adjust the duration and frequency of the engagement according to the evolution of the situation.
  • Access to a network: Timeshare business management professionals often have an extensive network of contacts and business relationships. This can be beneficial for the client company, as it can benefit from these connections to find new customers, business partners, or growth opportunities.

Also Read: Digital Sales Channels: The Key To Selling Online

The post What Is Timeshare Sales Management? appeared first on Tech Today Reviews.

]]>
https://techtodayreviews.com/what-is-timeshare-sales-management/feed/ 0
Rupeetub – Earn Money By Watch Videos Online https://techtodayreviews.com/rupeetub/ https://techtodayreviews.com/rupeetub/#respond Sun, 30 Jul 2023 07:05:30 +0000 https://techtodayreviews.com/?p=2576 Have you ever heard the name Rupeetub? Well, people who want to earn money without any effort and people who search for online earning money know well about this name Rupeetub. Usually, people try to get money from online sources effortlessly by doing simple tasks. In this way, based on the people’s intentions, many websites […]

The post Rupeetub – Earn Money By Watch Videos Online appeared first on Tech Today Reviews.

]]>
Have you ever heard the name Rupeetub? Well, people who want to earn money without any effort and people who search for online earning money know well about this name Rupeetub. Usually, people try to get money from online sources effortlessly by doing simple tasks. In this way, based on the people’s intentions, many websites came to the limelight to attract people towards their websites by promoting them as easy earnings. After viewing these promotions, several people get their hands on these websites and applications for easy-earning money.

There are several websites out there for earning money for simple tasks. But all these easy money-earning websites or applications are not legit. The money withdrawal process of those earning sites and applications doesn’t have a clear format, and they defraud people as they provide the amount for small tasks, and they swallow people’s time. Many people have already experienced these fraudulent websites and applications and wasted their time doing assigned tasks, and finally, they didn’t get the payment. You can check the reviews of existing users of these money-earning sites for genuine existing people’s experiences with those applications.

What is Ruppetub?

Rupeetub is a website where you can get easy earnings with less effort, like doing a few easy tasks. This Rupee tub effectively gains people’s attention as it is famous for money earnings and is also available in application format along with the website. Anyone can easily access this website with a simple interface, and even the tasks are simple. There are three ways of earning money on this Rupeetub website watching videos, surveys, and referrals.

When you can check the website details, you never get any details of the website as it is entirely an unknown resource for earning money, and there is no assurance of getting money after finishing those tasks. It consumes your valuable time and doesn’t provide anyone with a single rupee. But it is very famous among people because, in the initial stage, the website gives little money to attract people, and later, they utterly stop providing withdrawal amounts by increasing the unending process. You don’t get any contact details from the Rupeetub website for any queries. They don’t provide any guidelines on how you will rectify the withdrawal issues.

You can hear a lot about Rupeetub, and further in this article, you can see the process of accessing and much more information related to this website.

The registration process for the Rupeetub website

The registration process on the Rupeetub website is easy, and for signing up, you will get 250 /- as a bonus which indicates that when you sign up for the first time, you will have 250 rupees in your Rupee tub account. Here is the process of how it will start.

  • Open the supported web browser, and search for the Rupeetub website, click on the appropriate URL to open the website.
  • When you open the website, you can see the registration option on the right side of the Rupee tub website. Click on it, and you will land on a page where the process will start.
  • As a part of the registration process, you should enter your name, email id, and password. Click on the registration option to finish the process.

With this process, you can conveniently complete the registration process on the Rupeetub website.

Also Read: How To Optimize Videos For The Web?

Different ways of earning money on the Rupeetub website

As mentioned earlier, there are three ways of earning money on the website. You should complete simple tasks. You don’t require any skills and effort. The available earning ways are as follows.

Watching Videos

Watching videos online is one of the tasks. People select this task to earn money as it is easy, and all you need is an internet connection. You don’t need to put in any effort. These videos include movie trailers, advertisements, tv shows, and many more. Anyone can watch these videos for each video with 35mins, and they will get 20 to 50 rupees.

All these videos are from different brands of platforms, and the Rupeetub website has 150 brands of partners to provide videos to users for promotional purposes. It means everyone will get several videos to watch and earn money by simply watching those videos.

Surveys

You can see the option of surveys on the Rupeetub website, and when you select it, you can view the different types of surveys available on the website. You can earn an amount of 70 rupees for each survey. You can also see simple tasks in the survey slots that give you more money, like 250 rupees.

The disadvantage of this way of earning is the surveys are not accessible to complete, and you can’t get many surveys as it provides only a few. They indicate that the amount you earned will automatically add to your Rupeetub account within 15-17 mins. But, people could not finish even one survey because of technical issues.

Referrals

Almost every commercial app or website has this option of referring others, and everyone who refers to this Rupeetub will get 50 rupees after referral signup into a Rupee tub account. This method of earning is simple and easy, as all you must do is find some people and refer them to this Rupeetub website. It entirely depends on the known people for you to earn a decent amount, and you should follow the rule of signing up for referrals.

The money withdrawal process from the Rupeetub account

When you reach Rs.5000/-, you can withdraw your amount from the Rupeetub account, and the starting process is simple, but when you are going through further procedures to get your amount, it will become an additional thug and risky too. The steps to follow for withdrawal are as follows.

  • After opening the Rupeetub website, you will see the withdrawal option and click on it to open.
  • You should note that you can withdraw your amount only after you get 5000 /- rupees.
  • You have four options to get your amount from the Rupeetub account, and the withdrawal options are Phonepe, Paytm, Amazonpay, and Paypal.
  • Choose a suitable option, click proceed, and enter your UPI id or registered number.
  • If you earn money by only watching videos, then at this level of the payment process, it will ask you to refer this app to 25 members and must download ten survey apps.
  • After completing the referral and survey app downloading, click on the finish verification.
  • Then, it automatically shows you the debited amount in your Rupeetub account with a highlight note.
  • That note says, “Your next payment is estimated to be 5002 rupees and will be paid after fraud verification. Click here to complete it”.
  • Clicking on the highlight note will start the fraud verification, which means it will check whether you refer and download.
  • After completing the fraud verification successfully, you will reach the previous page and click on finish verification.
  • Again, you will get a pop-up with info about the KYC failure, and to complete it, you must download the KYC document and upload it on the Rupeetub.
  • Even after uploading the document, it will take you to the other link where you must complete the online test.
  • After submitting the test, another link will open, and the loop will continue.

In this way, you will be stuck in this process, and at one stage, you will get irritation that may lead you to leave that application or website, but you won’t get even a single paisa.

Can you withdraw your money from Rupeetub?

As mentioned earlier, the present Rupeetub doesn’t allow anyone to withdraw their amount, as it irritates them with the looping fraud verification process. Even when you complete all the verification tasks, you cannot get your earned money.

Wrapping up

Any application or website that comes with easy earnings is not genuine, and sometimes using those kinds of apps or sites may cause risk to the users. Rupeetub is one such website that lets users earn easy money. During the withdrawal process, it asks you to download some unwanted apps and makes you allow unknown sources into your device. Everyone is familiar with incidents where installing unspecified apps from untrusted sites may bring uninvited risk to you and your device.

In this article, you can see complete information about the Rupee tub website, and it is purely for educational purposes but not encouraging those apps and websites. Based on the existing user reviews on the internet, they indicate that the Rupeetub application or website is entirely a scam and not trustworthy to use. As a friendly suggestion, try to avoid effortless earnings and keep searching for legal and work-related apps and sites carefully.

Also Read: How To Succeed With Scalable And Passive Businesses

The post Rupeetub – Earn Money By Watch Videos Online appeared first on Tech Today Reviews.

]]>
https://techtodayreviews.com/rupeetub/feed/ 0
Video Editing As A Communication Tool https://techtodayreviews.com/video-editing-as-a-communication-tool/ https://techtodayreviews.com/video-editing-as-a-communication-tool/#respond Thu, 20 Jul 2023 06:29:59 +0000 https://techtodayreviews.com/?p=2560 Surely you know what video editing consists of, but we want to explain clearly what it is and everything related to it. This way you will be able to discover the true importance that it has and, above all, the benefits that you can get if you use it as a good communication tool. What […]

The post Video Editing As A Communication Tool appeared first on Tech Today Reviews.

]]>
Surely you know what video editing consists of, but we want to explain clearly what it is and everything related to it. This way you will be able to discover the true importance that it has and, above all, the benefits that you can get if you use it as a good communication tool.

What is video editing and what is it for?

Video editing consists of assembling different audiovisual pieces such as several videos, images, music, dubbing… until a single video is obtained. With this you can create from a short, an advertisement, a report or any type of video. Currently, the audiovisual world is in constant movement and every day you will see a multitude of different pieces almost without realizing it.

With each video that we create or edit, we want to convey a message, an idea, create emotions, reactions, responses, etc. You may think that video editing is something simple, but if you want to get good results , you have to put the time and effort into it. Above all, in a society in which the public or the viewer is very critical and wants to see exactly what they demand.

Therefore, it is essential to have a good team of professionals who will be in charge of taking into account all the details. We cannot forget that obtaining good video material is also important, therefore, we must always seek the highest possible quality. Lastly, having the best possible video editing tools. There are different programs to use, the team of professionals will know which is the most appropriate.

Video types

There are different types of videos depending on the objective you want to achieve with it. The companies themselves can create it or contract the external services of other companies that are in charge of the creation and edition of video. Regarding videos that are related to the company, we highlight the following.

Corporate videos

These videos are mainly used for the company to show its target audience products and services or in a general way its brand. However, they can also welcome you to your website or can be used to communicate with your team. But the most important thing you can offer in a corporate video is the values ​​of your company. Let the public know your philosophy and business culture and understand what you want to convey.

Creating a corporate video has numerous advantages and we want to show you some of them.

  • More traffic on your website. If you manage to create an attractive and explanatory video about your company, it can generate an increase in traffic that will allow you to see it more on the internet. In addition, you can get potential users or customers to end up becoming customers.
  • Let it be shared. Help yourself with the company’s social networks to get the video to reach as many people as possible. Encourage users to share the video with their contacts on social networks so they can discover new users.
  • Improve against the competition. You should always keep in mind what your main competitors are doing. This will help you to have some advantage over them. If you give the public what they need, your company will be the choice over the competition.
  • Show your company. Your corporate videos should show what your company is like. They must be informative as well as attractive and attention-grabbing. In addition, they must be entertaining enough that the user wants to see it to the end and does not close early. The user has to know what are the points you wanted to show at the end of the video.

Also Read: 8 Best Free Video Editor

The post Video Editing As A Communication Tool appeared first on Tech Today Reviews.

]]>
https://techtodayreviews.com/video-editing-as-a-communication-tool/feed/ 0
Social Media Advantages And Disadvantages For Business https://techtodayreviews.com/social-media-advantages-and-disadvantages-for-business/ https://techtodayreviews.com/social-media-advantages-and-disadvantages-for-business/#respond Mon, 17 Jul 2023 06:49:35 +0000 https://techtodayreviews.com/?p=2556 In an era where digital is taking up more and more space, companies must also get up to speed and rework their means of communication. Webmarketing, once the prerogative of start-ups, is becoming commonplace in the professional world. In order to continue to prosper and maintain the link with their customers, more and more structures […]

The post Social Media Advantages And Disadvantages For Business appeared first on Tech Today Reviews.

]]>
In an era where digital is taking up more and more space, companies must also get up to speed and rework their means of communication. Webmarketing, once the prerogative of start-ups, is becoming commonplace in the professional world. In order to continue to prosper and maintain the link with their customers, more and more structures have become aware of the importance of social media for a company. Digitization, which is essential today, has many advantages, but also some negative effects.

Why use social media in business?

In terms of digital marketing, companies must differentiate themselves from their competitors and maintain a constant link with the customer throughout the sales process. The purpose of using social networks is to humanize the relationship with its client. By putting themselves within its reach and listening to it, the customer recognizes and identifies with the brand, which can lead to a purchasing decision on their part. With the help of new professions such as community managers, the processing of complaints is processed much more quickly via social networks and makes it possible to show that customer satisfaction is at the heart of the brand’s concern. Finally, social media make it possible to create surveys in order to improve its services and products and highlight your expertise.

How to use social networks in companies?

To properly use and optimize the benefits of social media for businesses, it is essential for the professional to properly target his persona in order to choose the social networks most likely to have a positive impact. In addition, social networks require special attention and cohesion regarding the editorial charter. Thus, it is wise to dedicate a team of community managers who will positively reflect the image of the company. The team must be consistent in the way they communicate. The subscriber must think of being able to speak to a single interlocutor. Indeed, social networks must be used to create a constant bond of trust with the company and its target. This is why it is important to interact regularly with its subscribers and if possible animate its networks on a regular basis.

Also Read: How To Secure Your Business’s Social Media Accounts

The most significant social networks

In order to optimize its communication strategy, the company must select the right social networks on which it can reach its potential target. If some networks are dedicated to communication, others are more suitable for a prospect looking for information.

Facebook

When you are a company opening up to digital, it is very difficult to ignore the giant Facebook. With more than 1.5 billion daily users, the social network offers an absolutely essential possibility of visibility. Mark Zuckerberg’s network allows you to create a professional page dedicated to the company’s services and products. Additionally, Facebook’s huge algorithm helps target potential leads when buying paid ads. Facebook therefore offers the possibility of attracting new customers, creating links with buyers already acquired, working on customer loyalty and offering a shop window at a lower cost to promote the professional.

Twitter

280 characters available, that’s what Twitter offers to create your posts. The interest of Twitter is therefore to promote the company without going into the superfluous. With a limited number of characters, the community manager must convey the main idea without embellishment. The great advantage of Twitter is based on the sharing of publications. Thus, the same Tweet can be shared thousands of times and create increased visibility for the company. It is the most direct social network. It is very efficient in terms of redirecting the prospect to a commercial site. However, this synthesis of information can also have negative effects . Indeed, with the retweet, it is also possible to be the victim of bad buzz shared at lightning speed.

Instagram

This social network is the most visual. The interest of Instagram is based on the possibility of presenting the company’s products or services through striking photographs or illustrations. The social network also has enormous loyalty potential since it relies on the community aspect. Indeed, the use of hashtags is very effective in linking various subscribers around an idea or a concept in order to promote a product or convey the values ​​of the company. However, in order to maintain consistency between social media and the company’s brand image, internal communication between the various employees must be well understood and applied by all. In effect, Instagram remains a very impactful vector in terms of web marketing.

The benefits of using social media

Social networks provide essential advantages in order to make your business profitable in the digital and web era.

Improve your positioning

Social networks can improve its visibility on the web and its positioning on the most popular search engines.

To work on its positioning, it is possible to pay the search engine in order to appear on the first page. This is called SEA (Search Engine Advertising). Through advertisements, the SEA makes it possible to generate traffic according to certain keywords via the purchase of advertisements. But the most profitable long-term means of positioning remains SEO (Search Engine Optimization). Totally free, SEO is based, among other things, on the creation of relevant content to rank well on search engines. It increases the organic traffic of the company’s merchant site and boosts its visibility.

Work positively on your e-reputation

The impact of social media is also very important for working on your e-reputation. Since the social network is accessible to everyone and at hand 24/7, having a regular professional activity makes it more accessible to its customers and prospects. By using social networks to resolve disputes or complaints, by presenting new products or services in preview or by answering questions from Internet users, the company highlights its customer service and availability.

A good reputation on the web works like word-of-mouth, but on a national or even international scale. A good e-reputation is a guarantee of quality and seriousness. It generates many positive comments and benevolent recommendations capable of provoking the act of purchase in the target prospect.

Develop your communication strategy

Being on social media allows companies to offer a privileged communication channel with their customers and subscribers. Customer service is almost immediate and avoids waiting for the customer, as is often the case with customer service by telephone in particular. In addition, the medium makes it possible to respond to objections, in an optimal way. This is intended to create interaction with subscribers, to show that the company is particularly concerned about the opinion and satisfaction of its customers. This open dialogue also reassures the potential future buyer of the reliability and seriousness of the professional in question. A bond of cohesion and community is created and reinforces mutual trust between subscribers and the company.

The disadvantages of using social media

If the advantages exist and are numerous, the disadvantages of social media for businesses are, unfortunately, the flip side of the coin.

Information leaks and competition

The main risk of using social networks comes from poor management of internal communication. Poorly trained and poorly supervised, an employee may divulge confidential information inherent in the very operation of the company or on the innovation of a new product or service. The competition can thus take this information to its credit. Industrial espionage can take place through social media. Piracy and counterfeiting can, in many ways, cause enormous damage to the professional victim. The risk of appropriation of a false profile, in the image of the company, can mislead subscribers, generate illicit scams and bad buzz. Another risk is the disclosure, fortuitous or not, of the personal data of buyers.

Hacking and cybercrime

Hackers can have a field day. In fact, phishing, spamming, tracking, illicit geolocation, defamation techniques through the creation of false profiles, identity theft and damage to image and intellectual property rights are issues that should not be ignored. There are 1,001 risks of exposing your business on social media.

Also Read: From 0 to 100 – How To Increase Your Social Media Reach

The post Social Media Advantages And Disadvantages For Business appeared first on Tech Today Reviews.

]]>
https://techtodayreviews.com/social-media-advantages-and-disadvantages-for-business/feed/ 0
KPIs In Recruiting: Measuring Success And Recruiting More Efficiently https://techtodayreviews.com/kpis-in-recruiting-measuring-success-and-recruiting-more-efficiently/ https://techtodayreviews.com/kpis-in-recruiting-measuring-success-and-recruiting-more-efficiently/#respond Mon, 26 Jun 2023 17:21:55 +0000 https://techtodayreviews.com/?p=2531 In order to be able to improve and control processes in recruiting, they must be measurable. Key performance indicators, or KPIs for short, are such metrics. The performance, the use of resources and the success rate of a measure can be evaluated in this way. They are used in the course of a data-based analysis […]

The post KPIs In Recruiting: Measuring Success And Recruiting More Efficiently appeared first on Tech Today Reviews.

]]>
In order to be able to improve and control processes in recruiting, they must be measurable. Key performance indicators, or KPIs for short, are such metrics. The performance, the use of resources and the success rate of a measure can be evaluated in this way. They are used in the course of a data-based analysis of the recruiting processes and support controlling.

We introduce you to elementary KPIs in recruiting:

Time to Hire

The time to hire measures the time it takes to fill a position. The hiring period forms the basis of the measurement – the definition of the hiring period varies in the literature, however. The advertisement for the vacant position could be the starting point. It is also possible to measure the time to hire as soon as the need is identified. This depends on which process steps are to be considered for optimization needs.

The time to hire is measured by subtracting the start time and the days that were necessary until a suitable talent was found for the position. Ergo: The position is filled.

Cost per hire

Time is not the only important resource in hiring processes. The costs are also to be considered based on data. Cost per hire measures the costs incurred in the hiring process. The KPI enables a cost-optimized view of recruitment processes and supports budgeting for future appointments. Travel expenses for job interviews, ads on social media and Google and placing paid job advertisements are costs that can be incurred during the hiring process.

In order to calculate the cost per hire, all internal and external costs incurred for filling a position are first added up. These are then divided in relation to the number of positions to be filled.

Also Read: Five Tips For Successful Communication

Quality of Hire

One of the goals of recruiting is to find the best fit for a position. The KPI Quality of Hire measures the suitability of the new employee for the occupied position. Quality is important for a number of reasons: A perfect fit meets all the requirements of the position and identifies with the values ​​of the company. If we measure the quality of hire, a high value indicates that newly hired employees tend to stay longer with the company. The fluctuation rate can thus be reduced.

There is no exact calculation of the quality of hire. Human resources departments evaluate the quality of the appointment based on established criteria. The criteria are then evaluated using a defined numerical scale. The average of all criteria shows the actual quality. However, metrics can differ and become even more specific as individual criteria are prioritized.

Offer Acceptance Rate

How long does it take for the desired applicant to accept the position? This is exactly what the Offer Acceptance Rate measures. It represents the ratio of the number of accepted job offers and the number of actual job offers, both in absolute figures. It is then multiplied by a factor of 100.

From what percentage the offer acceptance rate is classified as good depends on the individual requirement. In general, however, the following applies: the closer the percentage tends to 100, the more efficiently recruiting was carried out. The offer acceptance rate provides information about the effectiveness of the candidate analysis, the competitiveness, the employer attractiveness and how pointed the job advertisement really was. The aim is to tailor application processes to the desired target group.

Number of applicants

How many talents have applied for a position is another relevant KPI. The measurement is in absolute numbers, which is why there is no calculation formula. The key figure is also an important benchmark for employer branding. However, it says nothing about the quality of applicants. For example, a large number of applicants for a position does not mean that they also match the job description.

However, it is advisable for HR departments to track the number of applicants if recruitment campaigns are running on several channels. In this way, it is immediately visible how many applicants became aware of the position via the respective channels. This enables advanced controls.

Also Read: Seven Essential HR Functions

The post KPIs In Recruiting: Measuring Success And Recruiting More Efficiently appeared first on Tech Today Reviews.

]]>
https://techtodayreviews.com/kpis-in-recruiting-measuring-success-and-recruiting-more-efficiently/feed/ 0