These days the one thing that business owners hear about a lot in the news is how the different industries are becoming a victim of the recession. Well, the largest impact of the recession is felt by the ones that are in the IT industry. Even though a lot of new IT firms are opening up every day, only a few are able to survive in this highly competitive industry. Especially under recession, a high percentage of firms are forced to cut-back or maybe shut-down just because it get really difficult to afford multiple employees. The ones that get through are the ones that follow a particular route that earns them enough clients and work to survive. These are a few things that should be kept in mind during recession and even after recession to make sure there is a decent flow of work and money.
1) On-time delivery: Whatever the work – big or small, must be delivered in the best possible time or the time-frame promised to the client. If the projects are delivered on time, there is always a chance the client would get back to you to get more work done.
2) Quality is the key: Different clients and project have different demands but the one thing that remains common is the quality. Each client looks for quality when it comes to choosing a service provider. So if your work has the best quality then you have a better chance to get selected for the work as compared to your competitors.
3) Price negotiation: In the period of recession, you sometimes have to reduce to prices to a bit lower than the usual price in order to get work because clients would want to spend the lowest amount and get the work done. So, sometimes adjustment is not a bad thing.
4) Green signal for small projects: Some companies focus on big clients and projects in order to get huge amounts of money and to keep themselves busy for long time. But during recession, there are hardly any big projects in the market so instead of waiting for big projects to come in; you should work on small projects so that there is hardly any no-pay period.
The most important thing that gives a company an edge over the competitors is client satisfaction and a company that focuses on it can easily survive the hard times.
We at WebAcer Software Pvt. Ltd. follows these ways to make sure no client leaves disappointed and that we can build long business relationships with clients and thus make it beneficial for both. We offer the best quality services at the most reasonable prices and deliver on time to make sure we are considered as a trustworthy and reliable company.