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<h2>1. The impact of technology on emerging sales models&nbsp;</h2><h3>1.1. Electronic Commerce (E-commerce)</h3>E-commerce has changed the way things are purchased and sold throughout the world. Instead of going to the store, customers may purchase online with a few clicks. Businesses have used platforms such as Amazon, Lazada, and Shopee to reach consumers swiftly and efficiently. Technology aids in the sales process, from warehouse management to order monitoring to post-sale customer service.<h3>1.2. Selling online using social networks (Social Selling).</h3>Social media platforms such as Facebook, Instagram, and TikTok have evolved into significant sales channels in addition to being social gathering places. Livestream sales and personalised advertising let firms to better reach their target clients. Simultaneously, customer management technology assists in analysing customer behaviour in order to optimise sales techniques.<h3>1.3. Mobile Applications</h3>Mobile apps provide a handy and successful sales channel, allowing firms to contact clients at any time and from any location. Mobile apps not only improve consumers' purchasing experiences, but they also include features like electronic payments, promotional alerts, and customer loyalty programmes.<figure class="image"><img src="https://lh7-us.googleusercontent.com/w0opgaCeok5rW6K1FETKVrU6wz8G7LcxTH-QjBwHJMdTQ8zXWuigEX06YbVZoFApWknE-HppeLaG8km_A3vFTQHML2M2IC4DS68o6lUIBcObeQqyTBmZD3rOnOyIQ42yl-Js5OYRmlhrts8WD8bc8ec" alt="E-commerce has been changing the way goods are bought and sold globally"><figcaption>E-commerce has been changing the way goods are bought and sold globally</figcaption></figure>Overall, technology has created new opportunities for sales strategies, offering unparalleled flexibility and efficiency. E-commerce, online social selling, and mobile apps are all excellent examples of how technology is altering the way businesses operate, allowing them to access a larger audience and optimise their sales processes. Applying sophisticated technology not only allows firms to enter the global market, but it also improves customer experience, resulting in a durable competitive edge. To fully capitalise on the advantages of these growing sales models, organisations must regularly update and implement the most recent technical breakthroughs, as well as educate and develop human resources to adapt to these evolving sales models. There are frequent changes in the market.<h2>2. 80% reduction in document storage&nbsp;</h2><h3>2.1. Digitize the documents.</h3>Document digitization enables organizations to turn conventional paper documents into electronic files. This not only saves storage space, but also makes it simpler to find and retrieve information when necessary. Document management solutions (DMS) like SharePoint, Google Drive, and Dropbox have grown in popularity, allowing for more efficient and secure document management.<h3>2.2. Cloud Storage(Cloud Storage)</h3>Cloud storage enables enterprises to cut investment expenses in storage infrastructure while increasing security. AWS, Google Cloud, and Microsoft Azure provide flexible storage capacity, enabling documents to be accessible from anywhere and at any time. This improves work productivity and reduces the danger of data loss.<h3>2.3. Enterprise Management System (ERP)</h3>ERP systems automate a wide range of work operations, including financial management, human resources, warehousing, and production management. Integrating components in a single system reduces mistakes, saves time and money, and improves company efficiency.Minimising document storage via digitisation and cloud storage solutions not only saves money for enterprises, but also improves information security and productivity. Modern ERP and document management solutions enable firms to automate procedures, eliminate mistakes, and improve information retrieval speed. This not only increases productivity but also adds flexibility to corporate management and operations.<h2>3. Promote the competitive advantage of businesses</h2><h3>3.1. Accelerate market response</h3>Technology enables organisations to swiftly identify market changes and modify their business strategy. Using big data and analytics enables organisations to better understand their customers' requirements and aspirations, resulting in more relevant goods and services.<h3>3.2. Improve client experience.</h3>Digital transformation helps not just internal procedures but also the whole consumer experience. Chatbots, AI, and CRM technologies enable organisations to communicate with consumers more efficiently, addressing issues and answering queries promptly. This not only keeps existing consumers but also draws many new ones.<h3>3.3. Improve operating efficiency.</h3>Automating business processes allows firms to eliminate monotonous operations and concentrate on activities that provide value. Technology improves industrial processes, supply chain management, and logistics, lowering costs and enhancing operational efficiency.<h3>3.4. Innovation.</h3>Business innovation and creativity are built on a foundation of technology. New technological tools and platforms enable organisations to test new ideas, create distinctive goods and services, and gain a competitive edge in the market.Digital transformation is no more a passing fad; it has become an integral component of long-term corporate success. Businesses may gain a competitive edge and accomplish big results by integrating technology into new sales models, reducing paperwork, and optimising operational operations. In an increasingly competitive environment, digital transformation is critical for organisations to progress and succeed.&nbsp;To register for the trial of<a target="_blank" rel="noopener noreferrer" href="https://estuary.solutions/services/internal-working-system"> SaleX - Sales Management System</a>, please contact:Estuary Joint Stock companyHotline: 028 6276 1700Email: thuyhoang.nguyen@estuary.solutions or info@estuary.solutions&nbsp;&nbsp;<a target="_blank" rel="noopener noreferrer" href="https://estuary.solutions/contact?msg=Request+Demo+Sale+Automation+%26+CRM+%28SaleX%29&amp;service_id=3">REGISTER FOR SALEX DEMO NOW</a>

Digital transformation in business nowadays

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Digital transformation has become a necessary development in present-day business practices. The fast evolution of information technology has fundamentally altered the way firms function and manage. Digital transformation has several advantages, including improved work performance and cost optimization, while also bringing new possibilities and challenges for enterprises.

Digital transformation in business nowadays

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