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Press Releases from SavvySME (6 total)

Outsourcing App Development and Things to Consider Before Doing It

There's a lot of work to be done when developing an app, and some of the most intimidating at that. That's why outsourcing it to an expert may be a great option for businesses needing to develop an app for whatever reason. In a discussion in the SavvySME community someone asked, "How can you tell if an app developer is good when outsourcing your app?" Allisha Martin said, "I would

Mental Health and Business: How Running a Business Affects One's Mental Well-bei …

During recent years, people have seen business as an escape boat from poverty. In a fast-paced world where people are increasingly trying to start and run their own businesses, not only do people get a higher chance for succeeding in life, but also a higher chance of developing mental health concerns due to stress that comes with it. In one of the Q & A sessions in SavvySME, a business

Brand Equity Diminishes as Reviews Dominate in B2B Marketplaces

According to research by SavvySME, online B2B marketplaces have diminished the value of brand equity as buyers prioritize reviews and other measures of product value. B2B marketplaces no longer play second fiddle to traditional means of procurement. Previously associated with low-value transactions, McKinsey's B2B Pulse research found 77% of businesses are willing to spend $50,000 or more in a single transaction on digital channels. The SavvySME B2B Marketplace Report 2022 analyzed the

Business Sentiment At All Time Low Despite Lockdown Lift

According to research by SavvySME, business sentiment has plummeted to all time lows in 2021 after months of lockdown, amidst the arrival of Omicron. The SavvySME Business Sentiment Report 2021 analysed the behaviour of users on the community marketplace in the past 12 months, in particular the activities of those looking to start new businesses. The figures for November show those looking into starting businesses is at an all time low

B2B Sellers: Here's Why 86% of Your Potential Buyers Are Looking Elsewhere for B …

According to a recent survey by SavvySME, B2B buyers are losing interest in what sellers have to offer, and the top reasons might not be what you think. As part of the 2021 SavvySME B2B Jobs Report, which analyses the relationship small to medium-sized enterprises (SMEs) have with B2B sellers, SMEs were asked, "Why have you lost interest in partnering with a potential B2B seller?" And, the top four answers unsuspectedly had

B2B Sellers Risk Losing 84% of Job Opportunities

According to new research by SavvySME, an overwhelming majority of B2B jobs outsourced are initiated during the discovery phases of the buying journey. Source: https://www.savvysme.com.au/blog/161-b2b-sellers-risk-losing-84-of-job-opportunities The SavvySME B2B Jobs Report 2021 analyses when small to medium-sized enterprises (SMEs) start their supplier selection. While sales organisations predominantly focus on the tail end of the B2B buying journey, the report shows that supplier selection starts much sooner; during browsing and discovery. That's why platforms

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