'How To Reduce The Effects Of Pandemic On Your Software Development Business' by consultifour softwaredevelopment agilesoftwaredevelopment
The sudden rise of the pandemic has created a stir in the world leaving behind hundreds of nations with the worst economic crisis in their history. Besides, it declined the growth of various industry verticals and shattered the lives of billions of people with unemployment.
Offer your customers a yearly prepayment plan, since if a customer signs up for this plan you have a guaranteed twelve-month period which can really increase the customer retention rates and boost the ROI. Even if you have a discount offer for the yearly plan, the lower churn mostly will balance out the MRR decrease and will have an overall positive growth.
Creating a time-based offer is nothing special, but the key is making an offer that stands out and draws in the customer. And the way to get that done is by having done proper research into the target audiences and understanding the specific difficulties that they are facing in the specific time period.”“Direct sales and outbound marketing are the keys here. Hence channel sales are more reliable long term that will take time to establish.
To mine a seam of profitable growth coming out of the pandemic, need to take our minds off of what we're selling, and empathetically consider how we can use our resources to solve the pain that customers have discovered in this time.”Yes, it is a fact that the situation has become quite difficult to secure new sales. Therefore, it would be an imperative move to focus on existing customers.
In this pandemic, increased gaming habits among people of all ages have made a drastic transformation and provoked more demand for online applications. As they do not have any option of wandering outside, they just tried to impart their interest in utilizing mobile phones, surfing the net, and playing games via applications.
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