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How to Pick the Right CRM for Your Business?

Peter Drucker, who was famously known as the Father of Management Thinking, once said, the purpose of business is to create and keep a customer! This purpose is best served by an efficient CRM software that is packed with practical tools that manage your sales cycle.

Customer Relationship Management, abbreviated as CRM, nurtures the relations of a business with its customers, ensuring a good experience for them.

The use of CRM much transforms your business and plays a vital part in leveraging customer interactions. It gives you valuable insights based on customer’s data and increases the productivity of your sales team.

Small businesses, retailers, and large enterprises all can benefit from CRM solutions.

According to TrackVia, customer retention of a company is enhanced by up to 27% if a CRM software is used, and the revenue per sales representative can increase by up to 41%.

There are several factors to look out for when you are picking up a CRM for your company. Here are a few prospects that you should weigh in before investing and implementing a new CRM software:

8 Hottest AI In Business Trends For 2020

AI in business is about to go through exponential growth in 2020, across numerous sectors and dozens of new use cases. With current uses for AI accelerating at the same time and becoming more commonplace, the future of AI and its impact on the world and the global business community is a positive one.

In this article, we look more in-depth at the latest technology trends and future uses of AI in business. Based on industry analysis, our work creating AI-powered conversational solutions, other AI services, and our expertise in this field, we predict the following to be the top 8 trends to watch for in 2020.

How Can Entrepreneurs Leverage the Benefits of Machine Learning in Business?

“The science to get your computer work in place of humans.” – Machine Learning definition by Stanford University.

In the 20th century, who might have thought of a programming language that will reduce human intervention and in turn increase the efficiency of work. No one would have ever thought of machines answering your questions in seconds.

In the 21st century, with the advancement of technologies and the introduction of the digital era, multiple Machine Learning tools have shown its sustenance in business. The compound annual growth rate is expected to reach 42.8% between 2018 to 2024. Overall, the Machine Learning market is expected to cross $30 Billion in the next four years as per one recent research.

Machine Learning algorithms and programs are utilized to achieve a relevant increase in the growth and profits of the organizations. Multi-billionaire organizations like Amazon, Flipkart, etc. have increasingly started using the benefits of Machine Learning in business.

Machine Learning helps in analyzing the existing data and draws meaningful insights that can help an organization reach its goals. Using these insights, the organization can make the decisions to grow its business and increase profits.

To help you understand how is Machine Learning in business is successful, we have listed some of the benefits that multiple organizations are leveraging in the present era.

7 Tips on How to Start Your Own Car Dealership

The automotive industry is one of the fastest-growing lines of work out there. As the number of drivers out there grows, the demand for cars grows as well. Still, not everyone can afford a brand new car. Fortunately, the depreciation, while being a term that a lot of people dread, can work to so many people’s benefit. How? Well, by allowing people to buy used cars at a fraction of the price. This is why starting your own car dealership can be such a lucrative idea. For all those interested in this industry, here are seven useful tips for getting started.

Essentials to Know Before Switching Your Business to Solar Power

Many modern businesses are turning towards sustainability and are actively seeking ways to be more ‘green’. Some recycle paper, others have gone fully digital, while some business owners actively motivate their employees to use less plastic in their lives by giving away free cloth bags and forbidding plastic cups.

Also, a ‘green’ manufacturing business is more mindful of the production process and the choice of materials to ensure no resources are wasted. Indeed, there are many ways in which your business can act more eco-friendly but if you want to take a more decisive course of action, there is no better way than switching to solar power.

With this in mind, let’s explore some of the benefits and things to keep in mind when it comes to re-orienting your business towards solar power.