Question

Describe how to connect a business plan with technology in an overall report.

Answer 1

Connecting a business plan with technology: -

A Organisation has a business plan. Since, now everything is online, technology plays a important role for business. Now, owning a business doesn't mean first we have to buy/rent a work place, electricity cost, manpower etc.

Now, a business can be start with an mobile application or by creating a website and the only cost involves is Domain charges cost and Search Engine Optimisation cost (SEO).

Therefore, online presence of a business is the need of the hour and setting up a online presence is cost effective and easy to maintain and can be reached to larger number of customers beyond any boundary.

Following are the places where an organisation can have a online presence are: -

-Create a facebook page and advertise there. Initially, make an administrator to one of the employees who will have a responsibility to post all the new stocks as and when recieved. Post regularly to enhance reach of the post and page.

-Create Instagram handle and post all the new stocks and ask someone to manage the same. Regular posting is the key. Tie up with different brands and post their stuff for free for initial stages. As page popularity grows negotiation can be done.

- Create a Twitter handle and tweet about the new stocks with relevant discounts. Target the relevant audience and follow up with. Only one big client can bring lots of orders. Like one big client will order regularly if they like the product quality.

- Quora can also be used as an advertising tool.

- Pinterest is the image application. All the images of the products can be uploaded on the pinterest for better reach.