8 Ways to Digitize Your Business

8 Ways to Digitize Your Business

Digitization of any business involves the implementation of modern technologies, in daily operations, to enhance business growth. A digital transformation can help boost performance by establishing consistency, redesigning profitable systems, and improving quality.

For example, when you are shopping on a website, the site is programmed to save your billing information, delivery address, and payment information (with your permission) for the next time you come to the online store, facilitating an easy and quick check-out. This is digitization!

Digitization may sound complex, but there are some easy ways to digitize your business. We have put together a small guide to help you learn how!

1. Laying Down Digital Protocols

Today’s market is highly competitive, and many businesses want to rush into digitization. Digitizing your business requires a high degree of planning. It is important to consider the impacts of digitization on the business and its processes after its implementation.

This is to prevent the business from launching any protocols or programs that may be ineffective or inspire the wrong response from your target audience, current and potential customers. Digitization should magnify your strengths but not your weaknesses.

Businesses should start the process of digitization only after considering how the relevant processes are interlinked with one another. For example, if your business deals with a lot of documentation, then you need to consider how you create, store, transfer, and edit your documents.

Implementing digitization, especially for transaction-related documentation, can significantly enhance efficiency and reduce costs. A prime example of this is e-invoice systems, which ensure more reliable, convenient, and secure documentation processes.

What are other programs that will help in digitizing your business, and are these programs compatible with each other? Management must be able to create a set of rules or protocols that will streamline digitization, enhance productivity, and improve customer experience.

2. Provide Customer Support through Mobile

Smartphones play an important role in the digitization process. These days, most people have smartphones. Incorporating mobile support will let your customers, employees and target audience access all your digitized features on their smartphones. This will have a positive impact on the growth, profit and productivity of your business.

Businesses that are outsourcing their digitization services to third-party providers must ensure that the service offers mobile support for all the common OS such as Android and iOS. Mobile experience should offer an easy to use interface and flawless browsing through the website or app.

3. Implement Cloud-Based Technologies 

Business digitization requires including cloud-based technologies like Knowledge Management Systems and Customer Relationship Management. These cloud-based programs offer a centralized location for accelerated management of certain information, like wikis or leads.  This helps to improve information security and efficiencies while reducing overheads.

More advanced and robust cloud-based tech may also be referred to as a virtual data room. Check out what is a virtual data room here and see if there are potential solutions for your unique business needs, in the class of web software. VDRs can range from services like Google Workspace to more specialty offerings.

4. Establish Provider Partnerships

Collaborating with third-party services may seem like additional costs for the business, but it can foster more profits and business growth when done right. In the long run, the business will be able to greatly reduce their expenses and improve  turn-around times. For some businesses, an expanded in-house team may just be a temporary requirement to meet the set deadlines or provide support to launch your digitized business. 

5. Aim to Provide End-to-End Customer Experience

In order to deliver the best end-to-end customer experience, employees from all facets of the business should be included in the digitization process. Additionally, it is a good idea to set up a team to lead the digitization process. Employees with strong communication skills and similar such traits from every part of the business should be brought together to form a productive team before taking the digitization process ahead. 

You may also have to hire more employees with certain skill sets that to aid with the digitization process. The two most important people that play an important role in the digitization of a business are data scientists and user-experience designers. Their skills offer insight and support throughout the design and maintenance of the digitization efforts of your business.

6. Lower Budding Bottlenecks

For companies to complete business digitization on time, it is important to avoid any potential bottlenecks. Unlike IT-intensive programs, digitization of the processes in a business cannot be spread over several years.

If the team responsible for digitization process are unable to achieve their goals by the set date, other skilled employees should be hired to achieve these goals.

7. Marketing Automation 

Marketing automation provides your employees with a framework to work within, enabling them to grow their operational efficiency and thus increase the revenue of the business. This is a tool that automates your email campaigns, simplifies the process of finding the right customers, and sends them custom emails.

8. Review Customer Feedback

It is always essential to evaluate the feedback you get from your customers, and even more so during big changes to your business. It is their opinion that will help your digitization team to learn where they should make changes and adapt processes. It also helps you to identify areas for improvement to enhance customer experience.

A strong and productive team and extensive research on business will help implement a flawless digitization process for your business. The points mentioned above will help you successfully take your business through the digitization process.

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Founder at Play Louder !

Joe DiSanto is the founder of Play Louder! He has built multi-million dollar businesses, produced critically acclaimed documentaries and an Emmy-winning TV show, invested millions in real estate, and semi-retired at age 43. Now, Joe serves as a Fractional CFO for several creative firms and is sharing a lifetime of fiscal know-how via Play Louder, an invaluable resource that helps individuals and business owners increase their net worth and plan better for their future.