The World of ecommerce is changing at such a blistering pace, that it is safe to state that such rapid changes never happened since WWII. First it was the dreaded Covid-19 virus that caused unprecedented economic disruptions that were worse than even the Bubonic plague of Europe. Next is the ongoing war in Ukraine. The combination, has and continues to cause unprecedented cost increases in doing business. The rapid rise in costs over a short period of time, has led business owners gasping for breath and scrambling for solutions to keep their businesses afloat and economically viable. A big solution that has been around for many years and gaining acceptance rapidly, is virtual assistance. Thanks to ‘work from home’ during the Covid-19 pandemic, business owners have now come to realise that a lot of work can be done remotely. Thanks to the internet, it matters little whether the remote location is one kilometre from the office or a million miles. If you stop to think about it, you realise that around 60% or more of the work that is done in your office can be done remotely. Working remotely releases expensive office real estate leading to massive savings in rent. Go a step further and instead of hiring staff locally, hire staff from across the globe from regions where staff are not only highly educated, but cost half or less than half of what you would pay locally. Both the above will cut your office rent, staff salaries, furniture costs and electricity by 50% or more and there will be no more wage negotiations. Besides, hire of remote staff called “virtual assistants” can be implemented almost immediately. There are hundreds of companies especially Asia based companies offering virtual staff. Some of these even train their staff to speak British or American English. Google or directly reach out to companies such as EPHP Solution – a leading provider of WordPress Website Development Services and ecommerce solution in India. Another way to beat the rising costs, is to outsource a complete department. For example, if you run an online store. Local SEO Services Companies in India (such as EPHP Solution), can not only run your online ecommerce store smoothly, they can double and quadruple your profits. You can therefore, not only beat the spiralling inflation, but also book huge profits and laugh all the way to the bank. To summarize, solutions are already in existence – you just have to reach out for them.
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