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The importance of digitalization for local businesses

Are you looking for the best way to propel business innovation? You don’t need the big budget of large companies, as technology is able to level that field. A great example of this is the positive effect of bringing digitalization to local businesses.

Digitalization, also known as digital guatemala phone number data transformation, involves having your business processes use digital solutions to increase the quality and speed of your work.

This is possible due to all the progress technology has gone through in the last few years, which allows companies of any kind to benefit from it.

Like any fundamental change to the way a business works, digitalization needs to be done in a strategic way. This means understanding your marketing takeaways from 2020: what we learned, what we did wrong, and what we are focused on for the future needs, how the market evolves, and

Here is everything you will learn in this article:

  • What is digital transformation?
  • Why is digitalization important for local businesses?
  • How to grow a small business with digital transformation?

Are you ready? Then, continue reading!

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What is digital transformation?

The term digital transformation is use  anhui mobile phone number list to refer to a process through which a business goes when technology becomes a priority in remodeling its way of functioning.

As more devices and tools become available, it becomes easier and faster to provide quality services and products to your clients. Therefore, digital transformation has a positive effect.

However, not all businesses believe in overhauling their processes with the help of technology. Those that resist digital transformation tend to see their customer base shrink as it becomes harder to provide value to them. The competition also becomes fierce, like other businesses.

Digital transformation has a profoundly positive effect on businesses. That impact on performance and quality provides extra value to services, which translates into data such as these:

  • more than 40% of small businesses report consumer growth thanks to digital tools;
  • also, more than 70% of them report revenue growth due to digital transformation;
  • such growth is also responsible for those businesses creating twice as many jobs;
  • 90% of small businesses that use digital tools report that it has helped foster innovation;
  • businesses that work with digital transformation are also twice as profitable as those that do not.
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