Title: Tips For SMEs To Survive In A Competitive Market
1TIPS FOR SMEs TO SURVIVE IN A COMPETITIVE MARKET
www.gohyp.com
2goHyP is an online marketplace that connects
business owners with professionals. The website
is a platform for all professional individuals to
find work purely based on the talent and skill
set. We provides solutions to connect
professionals to potential employers on a need
basis. Businesses can now focus on their core
activities and professionals engaged from goHyP
with right qualifications, experience and skill
will be able to manage the one time requirement.
About Us
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www.gohyp.com
3TIPS FOR SMEs TO SURVIVE IN A COMPETITIVE MARKET
www.gohyp.com
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4Strive For Innovation
New trends are making their way to the market
every day. In such a situation, it is crucial to
embrace and adapt to change. Emphasizing on
innovation management will allow SMEs to both
improve existing products as well as develop new
ones which are more efficient and offer better
utility to customers.
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www.gohyp.com
5Connect With The Community
Engaging and interacting with the local community
is a good way for firms to from an emotional bond
with customers and contribute to building a
better society. Additionally, this interaction
improves the companys image and offers a
plethora of marketing opportunities.
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6Measure The Demand For Your Product/Service
A large chunk of small businesses fail simply
because they overestimate the demand for a
particular service. Before launching your
business, identify how strong the demand is for
your product or service. Is it something that
people want? Does it fit well with the latest
trends? These are some questions you need to ask
yourself before taking the plunge.
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7Hiring On Short Term Basis
It has become a trend in recent years that
organizations are becoming more eager to hire
freelancers in India. Recruiting skilled
professionals on short-term contracts with
specific roles have proven to be beneficial to
the company as well as the freelancer. Dont be
hesitant to post freelance jobs online in India.
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