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Planning Your 2021 Office Technology Budget

The second series of lockdowns has compelled businesses and companies to think about how they will plan their 2021 office technology budget.

Published

3 years ago

November 13, 2020

TwinzTech

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The year 2020 would surely go down as one of the most uncertain and devastating years. The COVID-19 pandemic (Coronavirus) has affected the entire globe. Economies of all the countries have faced a lot of tough times. The growth has been close to zero, and almost all businesses are facing a deficit.

Everyone was hopeful that the times would change and the end of 2020 would mark a new beginning. However, the second wave of the pandemic seems to be indicating otherwise. The epidemic is continuing, and the second series of lockdowns has compelled businesses and companies to think about how they will plan their 2021 office technology budget.

Table of Contents

1. Flexibility is Key:

So far, according to IT Support in Los Angeles, no claim can be made about the coming year with certainty. With less than two months of 2020 to go, it is the right time for companies to start planning their budget for the next year. Evaluate the business’s performance for the current year and based on the achievements and failures move ahead with the financial planning for the year 2021.

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However, with this being said, the state of uncertainty and what 2021 prevails is still unknown. Therefore, businesses need to plan their budgets with flexibility in mind. Los Angeles IT Consulting suggests business take on the continuous planning approach through which the companies can set short term goals and divide the budgeting into smaller chunks.

But it is important to reiterate that the businesses do need to keep a certain degree of flexibility into account even when setting aside an office technology budget for short terms. Having a backup plan is also a great idea as it will quickly help you adapt to change.

2. Remote Working Practices:

Many businesses have already decided that they will still be following remote teaching strategies when entering 2021. It is a right and money-saving approach. If you rent an office space and plan on working remotely in the coming year, you do not need to reissue your lease invoice. Instead, you can vacate the office space.

The money you will save can then be put forwarded and invested in technologies that will ease the burden of remote working practices for the employees. Some areas that will be demanding some investment, mostly about technology are subscriptions to small work support tools and cloud-based services.

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3. No Need Of Office Stationery:

When people are working from home rather than coming to offices, the companies will no longer need to spend money on office stationery. Items like printers, toners, pencils, pens etc. are not required and almost deemed unnecessary in case of remote work practices.

If you already had some things like printers and scanners in your office, this year allocating budget on their maintenance and upkeep is an unnecessary expenditure since they will not be needed when everyone would be working from their homes. The segment of the store dedicated to office stationery can be relocated and either saved or spent elsewhere entirely.

4. Employee Training:

Although almost all companies had moved online during COVID, not all employees are still comfortable about working from their own homes. Plus, now that businesses are aware that remote working might be continuing for more prolonged, businesses and companies also need to invest money in employee training.

Businesses also need to sign up for IT Support services so that they can get technologies and IT tools that are specially designed to help the employees remain productive and on track while working from their homes.

The Los Angeles IT Support services can also come in handy as they can train your employees and help them adapt to this new mode of working.

Digital Expert

5. Segregating Priorities:

So far, a lot of hopes and ambitions are associated with the coming year. However, businesses need to be looking forward to the best and yet be prepared for the worst. When planning the 2021 office technology budget, companies should segregate their priorities.

The priority should be to retain the business’s core operations and retaining employees. Try and label technology-based expenses based on preference. Avoid unnecessary costs and try to invest money for the growth and continuity of the business given the unforeseen circumstances.

6. Invest On Customer Retention:

Almost all businesses already had their online operations. But due to the COVID pandemic, customers now prefer online dealings and services. Given this shift of focus, companies need to dedicate a section of their tech budget now to improve the performance of their online portfolios.

To retain customers and ensure smoother business dealings, businesses will need to invest some money on the hosting and design of their websites. Since most people are spending their time on the internet, companies can also spend money on social media campaigns rather than utilizing other means of advertisements.

Business

How Music Can Impact Your Customers’ Experiences Grocery Stores

As people are heavily influenced by music, it is important that, as a grocery store owner, you get the type of music right in your store. Why? Read on to find out!

Published

5 days ago

September 19, 2023

TwinzTech

How Music Can Impact Your Customers Experiences Grocery Stores

There’s a lot that goes into sales in any store. The people in the store, the store’s layout, the lighting, the color scheme, and, of course, the music.

If you were to walk into a grocery store and there was no music playing, it would be unnerving, to say the least, and there is a reason why. When most people think of music playing in a store, they think of the general type of music and link it to the products in the store.

As people are heavily influenced by music, it is important that, as a grocery store owner, you get the type of music right in your store. Why? Read on to find out!

Table of Contents

1. Increase Sales

Research has found that the right kind of music will boost sales. It is true!

The most successful grocery stores use familiar-sounding background music to promote sales, and there is a reason why- it works! Music for business is not a new area, and having a set playlist is better than simply putting it on the radio. When customers hear music that is familiar, they will feel relaxed, and when they feel relaxed, they are more likely to purchase items.

2. Reduction In Complaints

Nobody likes complaints, especially in retail. It has once again been found that those familiar tunes which you can play in your supermarket have been linked to a reduction in complaints being made.

The tempo of the music can impact the behavior of the buyers in your grocery store

It has also been shown to impact how customers assess their time in the store. For instance, one study found that customers who were waiting and were surrounded by unfamiliar music described the store as being dirtier, the staff being ruder, and the waiting times being longer. In the same market setting, a set of customers who had familiar music being played reported, well, the opposite!

3. Impulse Purchases

The tempo of the music can impact the behavior of the buyers in your grocery store.

Ever wonder why faster-paced music is played around the holidays? This is why! Studies have found that when it comes to playing faster-paced music, shoppers were more likely to make more impulsive buys, upping sales in the store.

4. Brand Promotion

There is a reason why when you go into a higher-end grocery store, they are playing more classically themed music. Or, when you go into a grocery store that is full of health-based products, there is a reason why they usually play more relaxed music.

They are trying to build an association with their brand. So, if you are looking for the right kind of music to play in your grocery store, think about what it is that you sell. For generic grocery stores, something like easy listening or happy music will usually work to help get customers feeling good and relaxed enough to buy produce.

5. Atmosphere

You want to create a warm and welcoming atmosphere in your supermarket. One of the easiest ways to do that is with music, as even if the customers aren’t aware of the type of music that is playing consciously, they will still hear it and be impacted by it. In short, softer, happier music prompts relaxation and helps up general purchases, and, as before, faster music prompts impulse buys.