How Technology Is Shaping Up the Real Estate Industry

How Technology Is Shaping Up the Real Estate Industry
The real estate industry saw a surge in sales during the pandemic as people took advantage of lower interest rates to buy a home. A year after the surge, the market cooled down as home prices rose and housing inventory decreased.

Even as the market situation was favorable to new homebuyers, real estate professionals can enhance the process of selling properties by using technology. The real estate industry is among the last sectors to integrate technology into their system.

But stakeholders should understand that integrating the technology into their system offers several benefits for their profession. Here are the benefits.

Enhances Efficiency

Using technology can enhance the efficiency of real estate professionals when they perform transactions. Increasing efficiency in the business is among the main reasons commercial real estate (CRE) companies integrate technology into their system.

Real estate companies employ tech companies to improve their operations and facilitate the automation of their transactions. Technology can handle repetitive transactions to allow its staff to focus their energies on other tasks in the office. It also allows the company to streamline its operations and increase the productivity and efficiency of its staff.

Provides A Competitive Edge

One significant advantage of using technology in real estate is that it provides companies a competitive edge over their rivals in the market. Early tech adopters have the edge over their competitors due to this technology's features. This edge is essential in the industry as rival companies aim to connect with customers in the same market.

Using technology also allows real estate companies to stand out in the market. These companies can use automation and cloud-based technology for some repetitive tasks in their system. This allows the staff of the company to focus on revenue-generating tasks. With this, brokers will also have more time to discuss the plans of their clients. It also allows them to look for property options that the client can consider.

Developments in technology also resulted in the creation of real estate apps that buyers can use to view properties they are interested in. These apps show the details of the properties and view the properties virtually. They also help buyers connect with the sellers so that they can negotiate with them.

These developments all focus on improving efficiency and giving real estate companies an advantage in the market. It also makes them appealing to younger clients who are keen on using technology in their transactions. This allows the company to expand its market and connect with more clients than its competitors.

Facilitates Decision-making

Technology also allows real estate professionals to make better decisions in the market. It will enable them to collect information about the market that they can use in their decision-making process. Technology facilitates information gathering and can also forecast the value of properties using the information.

For instance, artificial intelligence (AI) can forecast property valuation using information from different sources. These sources of information about the sale and rent of homes in various areas in the country. It also considers information from public records, including transportation options, school district ratings, and safety in specific neighborhoods where properties are available for buyers.

Real estate professionals can make informed decisions on whether they should offer certain properties to their clients using the information and forecast they obtained. It also allows them to stay one step ahead of their competitors through the insights they receive using technology.

Facilitates Asset Management

Automation technology also makes it easy for real estate professionals to perform repetitive yet time-consuming tasks. These tasks are relatively easy to do and do not require much critical thinking. More often, these tasks are associated with asset management, which makes them perfect candidates for automation. After automating these tasks, real estate professionals can focus on other income-generating activities.

This demonstrates the importance of using technology when it comes to asset management. It facilitates work and increases the productivity and efficiency of a real estate professional. Technology is also better in performing repetitive tasks since it ensures consistent quality even if it performs the same task repeatedly, unlike humans who can make mistakes when the task becomes tedious and draining.

Reduces Operating Costs

Using technology requires an initial investment from the real estate company. Even as the initial investment is considerable, it also reduces operating costs over time. For instance, accounting software requires a considerable initial investment. But it will reduce operating costs since the software makes it easier for the company to perform accounting tasks with little to no errors.

Technology offers a huge potential for stakeholders in the real estate industry. Aside from making their work easier, it also allows its staff to focus on revenue-generating tasks rather than repetitive and tedious tasks.

5 Best Summarizing Tools You Can Use To Write Better Content Summary

Summarizing Tools To Write Better Content Summary
Extended content is something people don't like and don't want now. Ever wondered why social networking apps are so popular?

Is it because they have a good time there but what is the factor that makes social media more appealing for them? A clear answer to it is brief communications.

People don't have time to read lengthy articles or information, they are fond of effective, informative yet short content. The content can deliver them valuable knowledge while saving their time.

You can see until now; Instagram and Twitter have been the most popular apps because users use them to send brief messages.

What does this mean? It meant that individuals use these programs or apps to tell a synopsis of an occurrence and to cover the entire issue in a few phrases.

Short content or text is appreciated because it not only saves time but also makes it easy for a reader to comprehend and digest the whole concept.

A great example of this is the newspaper, have you ever thought about why there is a headline?

The headline is a summary of the entire material, it is a condensed version of the whole story or news.

People just take a look at the headline and get the whole concept; this is what summary does. People have an interest in reading the overview of a topic than in reading the entire topic.

What Exactly Is A Summary?

A summary is a shorter representation of a longer text, it can be a book or an article. Summaries are generally one or two paragraphs long, depending on the length of the text to be abridged.

A summary can be used for so many purposes like if you're running late for another meeting, you can summarize only the important aspects of a meeting with a colleague.

Another example, suppose you wish to present a difficult design concept. To provide important personnel a broad picture of your plan without confusing them, you could start by summarizing what your design will achieve.

Now the question arising in your mind must be how can you generate the best content summary to engage users? Let’s talk about it.

How You Can Generate or Produce A Great Summary?

Strong powerful words are a must for the most effective summary, it's a requisite. It is necessary to convey a brief message in the most persuasive manner possible.

While doing it manually is a difficult undertaking because it requires reading the entire topic and then generating the ideal sentences to communicate the idea.

A person summarizing the content must also have a thorough understanding of the subject to present the idea most effectively. A huge number of competitors are offering exceptional and original material.

As a result, for a web page to be rated and recognized, its content has to be unique. A person cannot consistently develop creative thoughts to compete with his competition as well as summarizing manually is a lengthy and time-consuming process. It reduces the productivity and efficiency of individuals and businesses.

To get around this problem, you can use online summarizing tools to create a unique and best summary in a shorter time. There must be a question now in your mind about which tools to use?

Here is a list of some great summarizing tools you can utilize to get the best-summarized content.

1. Summarizing Tool

Summarizing Tools To Write Better Content Summary
This is a wonderful summarizing tool with great features.

Features:

It Is Completely Free To Use: The user does not need to sign up or complete any kind of registration process to utilize this summary tool. With all of its advanced features, it's entirely free to use. It saves you so much time. It keeps the original meaning in contact.

Summarizer Powered By AI: The text summary is generated by the summarizer using AI technology. After analyzing the content this tool uses powerful algorithms to provide a summary.

Text Summarization With No Limits: You can create unlimited summaries using this summarizer. With a single click, Summarizer extracts the most key phrases from the content. This online summarizing tool can be used by students, instructors, journalists, and other users to summarize their work.

It's a straightforward tool. It summarizes the content while maintaining the text’s overall theme.

2. Intellippt Summarizing Tool

Summarizing Tools To Write Better Content Summary

Features:

Set The Percentage Of Summarization: You can provide a percentage of the total length of the summarized information instead of this summarizer automatically summarize the text in random lines.

You can summarize the content up to to 3000 characters at a time. You can easily select any number between 0 and 100 to receive the summarized material that meets your needs.

Show Ranking Wise: This tool assists you in creating a content sequence based on the rating. The sequence will be generated from the highest-scoring sentence in the first position once you press this button.

Show The Best Sentence: Based on the tool’s algorithms the best sentence function will show you which sentence has the greatest score. This feature is useful if you have a vast number of sentences to choose from and want to find the best one.

Display In Bullets: This feature will make your result in the bullets when you're summarizing the content. This is useful when you've given a presentation and want to turn it into a fast review for planning purposes.

Show Top Sentences: The top sentences are displayed in this option based on the numbers you specify. After you've selected this option, you'll need to specify how many sentences you'll require.

It will generate the best sentences based on the score of each sentence once you have finished writing.

3. Check-Plagiarism Text Summarizer

Summarizing Tools To Write Better Content Summary

Features:

Make Bulleted Lists: This feature breaks down the complex concept into comprehensible. It grabs the attention of the readers; they will be drawn to a bulleted list of your text. When preparing a presentation and slides, they come in handy.

Summarization Regulation: Your text cannot be summarized in a single way that is acceptable for all needs. This tool allows you to customize the length of your summary to meet your specific needs.

Show The Best Lines: You can also rank your material based on the most effective lines you've written as well as can correct your writing errors in this manner.

It is free of cost tool that requires no expertise to use it.

4. Summarizing-tool.org

Summarizing Tools To Write Better Content Summary

Features:

Summarizes Text Accurately: Advanced algorithms are used to provide an accurate overview of your content. It is important to remember that it does not affect the meaning of the text. Only the text is analyzed, and the best-summarized text report is produced.

Show bullets: Once the tool has provided you the summary you have a choice to convert your summarized text into bullets. Bullets make it easy for readers to understand the context of the content.

It is a free tool and demands no registration or sign up to use it.

5. Summarizer.org

Summarizing Tools To Write Better Content Summary

Features:

Decide On The Length Of Your Summary: Other summary generators typically summarize the original content text that the user inputs into the summarizer, or if the user only needs to summarize a particular paragraph, he must copy-paste that portion. By simply choosing the option that allows users to specify the range, this online text summarizer solves this problem as you can choose between long and short ranges. Allowing the user to choose how brief he wants the content to be summarized is all that is required.

Displays Best Lines And Bullets: The user can personalize their content with the show bullets option. Clicking the bullets button once the tool has summarized the content will make the content appear in the bullets. This is useful while giving a presentation as the text is in bullet form. It also reduces the reading time. The best line feature will inform the user of the sentence with the highest score as determined by the tool's algorithm.

Original Meanings Are Preserved: It was created using an advanced algorithm that will allow users to summarize its material without fear of being tracked by third parties. In terms of the security of the user's work, this tool makes no negligence. Summarized content will not be saved in the system and will not be accessible to other users in any way.

It's a free summary tool that doesn't limit you to a certain number of words.

Top 7 Digital Marketing Strategies To Grow Your E-Commerce Business

Digital Marketing Strategies To Grow Your E-Commerce Business
If you run an e-commerce business, digital marketing is a must. Digital marketing has become ubiquitous in the modern world, and it's more important than ever to use every possible channel to reach your customers. This article will talk about 7 of the best digital marketing strategies for e-commerce businesses.

1. Use Ad Words and Pay Per Click Advertising

One of the simplest ways to market your business online is through pay-per-click advertising. You can advertise on Google via their program, Ad Words. It's actually a really simple process that allows you to put specific ads in front of targeted customers. You simply have to create an account and bid on keywords, and then Google will determine how much you'll be charged whenever someone clicks on your add. In other words, it is the best strategy to grow your e-commerce business. It is the most affordable way to get your business in front of a given audience, and it will help you gain traffic from the places that matter most.

2. Utilize Social Media Platforms

Another popular digital marketing strategy is by utilizing social media platforms. Social media platforms such as Facebook, Twitter, Instagram, and Pinterest are all great ways to get in touch with your customers. With so much competition on these sites, it's more important than ever that you take advantage of them in every way possible. Social media marketing has become extremely influential over the past few years, and there are now hundreds of them available on the internet today. Social media is incredibly popular, and there are tons of ways to use social media to market your business online. Some social networks are better than others for promotion, and there are even opportunities to use social media for influencer marketing.

3. Make Use of Mobile Advertising Opportunities

Mobile marketing refers to marketing via mobile devices, such as smartphones and tablets. More and more people are browsing the internet through their mobile devices, and it's important that your business makes use of this trend. If your business is a physical store location, you should look into mobile advertising opportunities like iBeacon's or Google's Nearby Ads API. Both services allow you to target customers based on their current location, which is incredibly useful if you have a physical store location. Mobile advertising is becoming more and more important, and it's a great way to get in front of your audience where they are. People are on their phones almost all the time these days, so it's a great idea to try and capture their attention.

4. Make Use of Email Marketing Services

Email marketing is one of the oldest and most effective digital marketing strategies on the internet today. It's how I got started with making money online, actually. Email marketing was originally used to send offers and newsletters to customers, but there are plenty of ways you can use it to get attention. There are even companies that offer email marketing services for e-commerce businesses to help you market your products and services. Email marketing is still incredibly influential and a great way to stay in touch with your customers.

5. Utilize Affiliate Marketing

Affiliate marketing means that you are paid a commission when customers buy products or services based on your recommendation. You don't need any technical experience to start an affiliate marketing program - it's really simple! Affiliate marketing is usually done through a third-party company. The great thing about affiliate marketing is that it's a very effective way to get your audience interested in the products and services you are selling. Affiliate marketing is one of the best digital marketing strategies because it's free, and it can help with branding as well as growing your customer base. Utilizing affiliate marketing is a great way to get people interested in your products, and it's an excellent strategy if you're just starting out and don't have many customers.

6. Focus on A/B Testing What Works

If you've only tried one or two digital marketing approaches, chances are you haven't seen all the results that your business could be getting. You need to keep testing until you find what works, which means trying lots of different things with the expectation that some will fail. You'll have to accept that your marketing won't be perfect until you figure out exactly what it is your customers want from you. This type of marketing is often referred to as A/B testing, and it's a great way to figure out what's working.

7. Make Use of Search Engine Optimization (SEO)

SEO refers to improving the visibility of your website or other online assets in search engines like Google, Bing, and Yahoo with the help of a seo expert. It is important to look into SEO if you want to get more customers. These days there are all kinds of automated ways to increase your rankings on search engines in order to show up in Google's search results; you need to make use of search engine optimization (SEO). By implementing these strategies, you'll be able to find more customers and increase sales - which is what any business wants! This is similar to how you buy Ad Words, but rather than paying for specific ads on a per-click basis, you pay with your time and effort.

If you are looking to grow your e-commerce business, it's important that you explore all of the digital marketing strategies available. The 7 tips we've outlined in this article should help get you started on a path towards success with growth hacking and lead generation for your store. There is no one silver bullet when it comes to getting more customers - instead, there are countless ways to make use of different channels like mobile advertising opportunities, email marketing campaigns, affiliate marketing programs, and search engine optimization. Hope this article helps you with your digital marketing efforts!

AUTHOR_NAMEAbout the Author:
Leanne Brooks is an informative content writer who is passionate about writing on digital marketing, search engine optimization, social media and more. She is currently working with Treasure Valley SEO, the leading seo expert in Idaho.

The Ultimate Digital Marketing Guide For Recruitment Agency

Digital Marketing Guide For Recruitment Agency
Nowadays, conventional outbound marketing methods like cold calling are not considered to help achieve the leads that will help you to get an extra edge over your competitors.

So, if you are a recruitment agency, you should be well-versed with digital marketing skills. Otherwise, it can be very difficult for you to survive in this extremely competitive market.

Due to this particular reason, you should be very careful while creating a fruitful strategy for the recruitment firms.

If you are finding any sorts of difficulties, then, in that case, you can take the help of a professional recruitment agency who will help you in this aspect.

You would be able to view here now to top recruitment agency.

In this regard, sometimes, it becomes very complicated to know where to start as well as the associated workload.

So, if you are focusing to optimize your current digital marketing strategy or you want to get started with it, this particular guide will assist you to establish as well as execute an effective strategy related to digital marketing specifically for your agency.

Things You Should Know About Inbound Marketing

Inbound marketing is considered to be a terrific strategy that you can make use of for effectively improving the structure of your business. This will also help you to deliver a prosperous digital market.

The first and the most important step is to specifically develop your targeted candidates. You also need to decide about the personality types of your main client.

Also, it is something that will assist you to make a proper understanding of who your clients as well as ideal candidates are. Not only that, but you will also get to know how you effectively tailor your content for helping them out.

The subsequent and the most important stage of this methodology involves researching keywords. In this regard, you should first analyze what your targeted audience is searching online.

After you have effectively determined your target keywords, you should focus on creating outstanding content which contributes to solving any of their problems well.

The next step is to start optimization of the content specifically for search engines. You can share it on your social channels as well as promote it with the help of paid ads. Not only that, but you should also focus on sharing it with your present audience through email.

This works similar to mouth marketing. You can call it digital word-of-mouth. After you have implemented all of these steps, you will observe a significant rise in your website traffic.

Also, the next step involves transforming your website visitors into leads for your recruitment firm. Providing them with something which they cannot say no to is considered to be a good way to achieve success.

You can also focus on providing some interesting offers to them. For getting access to these offers, the visitors coming to your website will require to fill a form.

This step contributes to play a very important role in capturing their data. After you have successfully collected their contact number and name for your firm, your sales team can directly connect with them.

In this regard, you can also focus on making use of automated email marketing for nurturing the leads into newly placed clients or candidates specifically for your firm.

Below are given some of the most important steps which you should focus on adopting while creating the definitive strategy for your agency.

Creating Outstanding Content

If you are focusing to attract visitors to your website, then the most important step involves the creation of relevant, engaging, and useful content that is meant for your audience.

By following this step, you would be able to successfully transform those visitors into valuable candidates and clients who are considered to be perfect for your firm.

But, if you are looking forward to how to achieve this thing, then it is very simple. Just, you should focus on starting a blog. The best part about the blog is that it contributes to making your website more dynamic.

Every time, you publish an article, your audience will come across a new piece of content that they can consider reading.

Not only that, but Google always loves those websites which consider adding fresh content to their website. In that case, Google rewards them specifically with higher rankings.

So, in case, you aim to get more applications from the fresh candidates, then that you should focus on writing blogs that will prove to be very helpful for the candidates.

Blog posts, which you consider writing should involve the most frequent questions as well as problems that they come across. It should answer these concerns in the form of blog posts.

On the other hand, in case, you wish to boost the number of clients with whom you operate, you should consider making use of the same approach as this will attract them.

But, if you are finding any sorts of difficulties, then you should take the help of a professional recruitment agency who will work according to your needs.

You can view here now to top recruitment agency who are inclined towards making your work easy.

Optimizing Your Website

The next and the most important step of an effective strategy related to digital marketing is considered to be search engine optimization or SEO.

Again, this SEO includes the implementation of a diverse range of methods that will help drive more visitors to your website as well as blog topics.

This involves mainly 2 sets of tactics i.e. off-page as well as on-page SEO.

Talking about the on-page SEO, it involves almost the whole thing which you specifically do to optimize your website but within it only. So, this mainly involves the tactical execution of the appropriate keywords.

A lot of individuals wish to rank specifically on the first page of the Google search results. But, to make this successful, you should first focus on selecting a specific term that will help in ranking your content.

In this regard, all that you need is to conduct thorough research about the most common questions which your clients and candidates consider asking you.

After that, you will have to see whether any of the keywords are found to be related to this or not. If you come across any relevant keywords, then this will help to attract new candidates who are looking for a recruitment firm.

On the other hand, off-page SEO involves improving the overall authority of your website on the web. One of the best ways is by encouraging other sites to specifically link back to your content.

Your website authority becomes stronger with more high-authority sites linking to your website. As a result, your website will be more likely to be found by potential leads.

Sharing On Different Social Media Platforms

Another most important tip that you should focus on following involves sharing your content on social media.

Specific platforms like Instagram, LinkedIn, Twitter, as well as Facebook are considered to be the best ways to directly communicate with your prospects.

You should focus on making use of social media for effectively growing your audience. This is possible when you actively interact with the candidates on social media. Another thing that you can do involves sharing your own’s as well as other people’s content.

But, one of the most important things that you should keep in your mind is that different platforms specifically suit different audiences. So, you need to go for one which suits effectively with your target audience.

For example, if your main focus is to achieve better coverage, then you should consider sharing your content on platforms like Facebook and Twitter.

But, if you want to search for potential clients and candidates, then LinkedIn will be the ideal platform for your needs.

In this regard, another important thing that you should do is to invest in paid social media ads. This step plays a very integral role in boosting your website traffic.

These advertisements can be targeted towards your audience. So, you should always invest your time to know your candidate persona.

Nurturing Your Leads

Another important step that you should focus on following involves nurturing your leads. This is considered to be the process of improving relationships specifically with your potential clients by sending them relevant, targeted, as well as useful messages.

These messages should again send promptly. Not only that, but this involves automated emails which tend to provide engaging as well as useful information to them. This will influence them to register with your agency. As a result, this will help you to get an extra edge over your competitors.

Every marketing campaign which you should focus on designing should necessarily possess a goal. You should make it obvious what the recipients are intended to do whenever they consider opening your email.

Another important thing that you should focus on doing is to make use of a CTA which specifically links to a definite landing page. This will allow them to establish an engagement with your agency.

Creating CTAs

After you have attracted people to visit your website, you should focus on turning them into leads. It is possible by offering them something they cannot refuse.

This could involve anything from an eBook, a free consultation, or a resource. You need to select whatever works great for your firm. Providing something which catches the attention of your website visitors will always going to help you.

So, you need to give them a reason so that they will fill out a specific form for collecting their information.

After you have made up your mind on a particular offer, you should focus on creating a CTA or call to action. This button will significantly help your website visitors click to diverse them to a specific landing page. You can focus on placing it anywhere within your website.

This CTA button tends to play a very important role in triggering lead generation. Depending on this, the final step involves evaluating the results.

Final Verdict

Hope, this digital marketing guide is proved to be very helpful for your recruitment firm. In this regard, you can even view here now to top recruitment agency.

AUTHOR_NAMEAbout the Author:
Sunny Chawla is a Managing Director at Alliance Recruitment Agency. He specializes in helping client for international recruiting, staffing, HR services and Careers advice service for overseas and international businesses.
Find Me On Facebook | Twitter | LinkedIn

Reasons Why The Employer Needs To Start Blogging For Hiring

Employer Needs To Start Blogging For Hiring
You might have heard earlier to get an excellent job, and you have to build a strong online presence. The reason is agency recruitment is quite competitive these days, and it becomes very difficult to stand out from the crowd. This you can do by jumping into the market to get exposure to various clients and candidates.

Yes, we are talking about Blogging, in which you can expand your horizons. Also, social media presence, and not the least, can easily build a defined status for yourself. But one thing that you have to keep in mind is don't limit your journey to social media. Rather, build a blog that will help you show yourself unique in this competitive world.

Now the question arises: How will blogging help the candidate get hired for the job or learn more about top placement services in Dubai?

So, let’s discuss those points:

1. Blogging Helps You To Build A Strong Profile

The number of articles you will write is a highly valuable asset in terms of your professional portfolio. It is not mandatory to jump into blogging, but the candidates who involve blogging will move the extra mile and can do their best in all aspects.

For example, if you write on LinkedIn, the published blog also features your name and picture. So, people who will view the page will follow your link while writing another blog. That means your blog works as a platform for the people who want your expertise and values.

2. It Sets You Apart From All Other Job Seekers

There are many job seekers who do the bare minimum while hunting for the job and are surprised why they are not getting loads of job offers. So, if you start taking an interest in writing a blog about the relevant topics and show you are a go-getter, your profile will look unique, and you will surely get a handsome salary job.

3. A Good Blog Compliments Your Resume

No doubt, everyday recruiters and hiring managers get hundreds of resumes for a single job. That means the tech industry is very hot these days. So, to get the right talent-hiring, managers will surely look for something unique in their resume for the interview.

If you are the one who loves writing a blog, it will make the real difference.

4. Can Use Your Blog To Make Money

If you haven’t got the right job according to your experience and qualification, in the meanwhile you earn money from your blog. However, there are many bloggers who offer advertising on blogs by which you can make handsome money by placing ads on their sites.

Moreover, companies like Google AdWords deliver PPC services where an end number of bloggers can earn money every time that ad is clicked.

5. Blogging Is The Best Way To Get Yourself Engaged

This is one of the bare reasons blogging is the platform that will keep you engaged within your industry. If you compose your thoughts in the form of a blog on various topics, it will help you think about best practices that companies can apply in their workings.

Apart from that, if you are fond of reading, it will work as the inspiration that will keep you in tune with the latest trends.

6. Helps In Building A Professional Network

There are a number of examples wherein bloggers get a job through a connection in a blog community or learn more here to top placement services in Dubai. This you can do by encouraging engagement through your blog, by which industry professionals will connect with you on an online network.

However, if there is a large audience who is reading your blog, then most of the companies will like to hire you.

7. Excellent Marketing Skill

Well, if you are looking for an entry job in marketing or you can learn more here to top placement services in Dubai, then blogging is the great way to showcase your skills on social media. Demonstrating an ability to create content is like marketing a product for the company and surging the leads.

8. Helps In Building A Personal Brand

While calling for an interview, the employers, along with a resume, cover letter, social media accounts they also want to check out your blog. So, you have to depict best under the limelight. This you can do by presenting yourself in such a way that you actually think and do. That means, if you inject a little of your personality into your write up it becomes easy for the employers to judge you, but make sure it must be in a professional way.

Additionally, you can also share your blogs on social media platforms to expand your audience, build a renowned name in the industry, and learn more here to top placement services in Dubai.

The Bottom Line

Blogging is the great way to start your career and to get a handsome salary. But make sure the topics you choose are relevant according to the latest trends or in demand these days.

One more thing, which I want to tell you, don't forget to tell your potential customers the way to contact you or learn more here to top placement services in Dubai. The reason is if someone likes your blogging style, they will surely contact you for hiring. Apart from that, it also helps in ranking on major search engines.

AUTHOR_NAMEAbout the Author:
Sunny Chawla is a Managing Director at Alliance Recruitment Agency. He specializes in helping client for international recruiting, staffing, HR services and Careers advice service for overseas and international businesses.
Find Me On Facebook | Twitter | LinkedIn

How To Calculate Point Estimates For Small Businesses?

Point Estimates For Small Businesses
It is very difficult to predict the future, but it is essential for a business whether the business is on a large or small scale. If you fail to get accurate estimates for the future costs, revenue, timelines, projects, turnover or any other thing that are essential to your business will have major impacts on your business. This is where the concept of three-point estimation comes. The technique is used to get better estimates about the future outcomes. The technique of estimating is known to be an important part of the project cycle management. For ease, you can use an online point estimate calculator that allows you to determine the best approximation value of the unknown population parameter by using different approximation techniques.

What Is Point Estimate In Statistics?

In statistics, point estimation is said to be the process for calculating the approximate value of some parameters such as the mean of the population. It involves the sample data to find the single value that can be used as the best estimate or guess of the unknown population parameters. Point estimation is a tricky task but by using an estimate population mean calculator that displays the best estimate of an unknown population parameter.

Point Estimate Formula:

You can use the four-point estimation formula for the estimation of different parameters for a project. It includes maximum likelihood estimation, Wilson estimation, Laplace estimation and Jeffery estimation. Each of them will give a slightly different result and should be used in different circumstances. To get rid of the difference in estimation, you can use the point estimate calculator that gives you the best estimate value by using different formulas.

To determine the point estimate you are required of the number of successes, number of trials, confidence interval, and z-score. You can start calculating the point estimate according to the below equations once you find all the values.
  • Maximum Likelihood Estimation: S / T
  • Laplace Estimation: (s + 1) / (T + 2)
  • Jeffrey Estimation: (S + 0.5) / (T + 1)
  • Wilson Estimation (S + Z2 / 2) / (T + Z2)

Instead of using the above equations to find the point estimate for a project, you can try an online point estimate calculator that displays the z-score value, Jeffery, Wilson, Laplace, and Maximum Likelihood Estimation with the blink of an eye.

What Is Three-Point Estimating?

The three point estimate is known as the management technique, which is used in determining the approximate outcomes of the future events according to the available details. The formula is used to know the likelihood of the reality matching up with each estimate. The technique will help the project manager with some of the insights regarding how they can approach the planning of a project or mapping out the project budget. Instead of using this technique, you can also try a method of moments calculator that finds the best estimated value of an unknown population parameter.

How To Find The Point Estimate?

If you are still unaware of the procedure to find the point estimate for a project then, you need to have a look at the following procedure to understand the calculation.
  • By considering the example of tossing a coin, determine the total number of coin tosses.
  • Count the number of times when the toss gives heads and this will be the number of successes.
  • Now, it is time to decide the confidence interval. Suppose that you're 90% sure about the result to be accurate so, that percentage will be your confidence interval.
  • Find the value for z-score.
  • Now, use the point estimation formulas for further calculations.]
  • If the maximum likelihood for estimation is greater than 0.9, then you should select Jeffry and Laplace Estimations for the point estimation.

By following there steps, you can easily find the point estimate, if it still seems to be tricky then you can consider the point estimate calculator that instantly estimates the population parameters.

Common Methods Of Finding Point Estimates

The process of point estimation uses the value of the statistic, which is obtained from the sample data to get the best estimate of the corresponding unknown parameters for the population. Different methods are used to find the point estimate, but each of the methods comes with different properties.

Method Of Moments:

The method of moments for the estimation of parameters was introduced in the year 1887 by a Russian mathematician named “Pafnuty Chebyshev”. It begins by considering the facts about the population and then applying it on the sample of the population. This first step to find point estimation is to derive the equation that relates the population moments to the unknown parameters.

The next step is to draw the sample for the population, which is used to estimate the population moment. Now, the equation derived from the first step of calculation can be solved by using the sample mean of the population moments. In this way, you will get the best estimated value for the unknown population parameters. It might be confusing if you are not good at calculations, simply give a try to the point estimate calculator that uses the different estimation techniques to determine the best suitable point estimate.

Maximum Likelihood Estimator:

The maximum likelihood estimator method can also be used for the point estimation for the unknown parameters that maximize the likelihood function. It utilizes the known model and uses the values to compare the dataset and calculate the most appropriate match for the data. You can also use the stat trek calculator that helps to figure out the point estimate for the unknown population parameters.

Conclusion

In this article, the main topic of the discussion is “how to calculate the point estimate for small businesses. Different methods for the point estimation are also taken into account. We also mentioned the step-by-step procedure to find the best estimate as well. You can also consider using the point estimate calculator to do the point estimation calculations.

AUTHOR_NAMEAbout the Author:
Harry Potter is an accomplished writer. He is too serious to write articles on marketing, business, and health topics. He is ready to collect information all the time that can convey his experience on related topics. Apart from this, recently, he writes on Point Estimate calculator by calculator-online.net, in this article he briefly describes how to calculate the point estimate for an unknown population parameter to help the readers to understand the calculation of point estimation.

5 Important Points Why You Should Update Your Data Recovery Strategy

Update Your Data Recovery Strategy
Having a detailed strategy for recovering your data is as important as having a proper executable plan to protect it. After all, unfortunate incidents where you lose your business data are not uncommon. So, you must have an effective plan to apply in such situations. Not only that, but you must keep it up to date as well.

Your business would come across various new data management challenges along with time. So, you should always keep up with them. And, for that, you must update your strategies regarding important matters like data protection.

The upcoming reminders should help you understand the need for an updated data recovery strategy. Apart from that, we also have effective solutions for you.

5 Crucial Reminders Of Updating Your Data Recovery Strategy In 2021

The data recovery requirements that you face today are quite different from the earlier ones. New risks and threats have emerged, and so have new technologies. So it’s time for you to update your data protection strategy if you haven’t done so yet.

You might also want to consider consulting Smart Data Recovery for some professional data recovery solutions. Here are some points that can serve as reminders for that:

1. Your Recovery Point Objectives Are Increasing With Time

Usually, your business would keep generating various types of data. These mainly include crucial customer and business information. So, you have to manage larger volumes of data over time. As a result, your Recovery Point Objective (RPO) increases with time.

Now, in case you’re wondering, RPO is simply the amount of data you stand to lose. In other words, you can’t retrieve this specific volume in case of data loss. So, you’d want to minimise the RPO for your business. And, for that, you surely need to update your data recovery strategy.

2. You Have To Keep The Recovery Time Objective In Check

When you’re retrieving lost data, it will take a certain period of time. In business terms, this amount is called the Recovery Time Objective (RTO). It depends on the volume of data that you need to retrieve. The longer the recovery time is, the longer your business remains disrupted. So, you’d want to reduce the RTO as much as possible.

Now, there are some measures that you can take into account. So, this is yet another important aspect that you have to work on. Moreover, it might require improvements and changes to your data recovery practices as well.

3. Your Server Is Getting Older

Your business server is an important aspect that you must include in your data recovery plan. Especially so, in case you have been using it for quite a long time. After all, issues with the server can cause data loss as well. So, maintaining it should be among the top priorities for your business.

Also, you must keep in mind that fixing your server costs would be much less than replacing it. So, you’d want to prevent it from breaking down. After all, that would cause a significant disruption in your business.

4. You Might Be Relying Too Much On Local Storage

Have you backed up all your data in a local storage device on your premises? Now, there's nothing wrong with that in general. But, you must take risks such as thefts and natural disasters into consideration. Then, the drawbacks of on-premise storage should become clear to you.

Have you considered cloud storage or off-site storage yet? If not, then you must do so for a more effective data recovery strategy. So, this surely calls for some changes to the practices that your business has been following. As we shall see, there are some good ways to deal with this.

5. You’re Running Out Of Storage

Backups are an essential part of data recovery strategies that most businesses apply. So, you have probably included this practice in your business as well. Now, as you know, backups usually require a considerable amount of space. Especially so when you create them for business data, which generally has quite a large volume.

So, you’d need quite a lot of space to store them. Not only that, but your business would face increasing requirements in this regard. After all, the volume of data you have to manage will only grow with time.

So, this is yet another aspect that you must give attention to. You must make the necessary changes to your recovery strategy to keep up with storage requirements.

3 Essential Measures To Implement The Latest Data Recovery Requirements

The aforementioned points underline the importance of having an up-to-date data recovery strategy. Now that you’ve gone through them, you’d want to proceed towards the solutions. In that case, you can start by taking the following measures:

1. Perform Frequent Backups To Reduce RPO

The RPO and RTO, as mentioned before, are crucial aspects that you’d want to focus on. After all, you’d want to minimise the amount of data you’d lose. So, how do you deal with a spiking RPO? In case you’re wondering, performing regular backups would be a good answer to that. It will reduce the amount of unsecured data in your business. So, you must make sure to backup all your updated data in time.

2. Disable Incremental Backups To Minimise RTO

Do you perform incremental backup for your business data? If yes, then it can contribute significantly to increasing your RTO. After all, only the new changes after the last backup get saved in each incremental tape. Thus, you have more tapes to restore when the requirement arises.

Now, that generally slows down the process rather than speeding it up. So, you might want to switch to using full backups to minimise the RTO.

3. Keep Your Infrastructure Up To Date

Your business depends on its stable infrastructure. So, apart from the hardware, that includes various software components as well. You must maintain all of them, and if required, seek expert help to keep up with the changing data recovery needs. This includes fixing the bugs in your server, updating device systems, using the latest hardware, etc.

This can play a significant role in making your data recovery strategy more effective. Also, you should consider investing in cloud storage to deal with the storage requirements.

Test your Data Recovery Plans

It’s not enough to just update your data recovery measures according to the latest requirements. But, you must also regularly measure their effectiveness. Your business would benefit a lot from this simple step. Also, get in touch with experts to know more about effective data recovery measures apart from the aforementioned ones.

Also Recommended: Dropbox Permissions Error: Methods Of Recovery

Spice Up Your Business Blogs in 7 Effective Ways

Spice Up Your Business Blogs in 7 Effective Ways
With the proliferation of video content on YouTube, TikTok and other mixed media channels, one can be forgiven for forgetting about the noble art of blogging.

Blogging remains a perfectly valid and effective method for businesses to reach out to their peers and their clientele. This strategy can drive prospective customers to your website, help convert traffic into leads and let you share important company news with existing customers.

Unfortunately, businesses often don't understand how best to leverage their blogs for maximum effect. What can help turn your business blog into a profitable aspect of your company? Here are seven tips that you can implement for your business:

1. Target Related Businesses

All too often, business bloggers focus on trying to use their posts to cajole more customers when they use these articles to form partnerships with other companies.

Your company could write about things that other businesses could find appealing and useful. If you are a cutting-edge art programmer, for example, a blog on your software can be very interesting for outsourcing firms for 2D animation. You could be surprised at how profitable attracting other businesses to your blog can be, especially if it leads to commissions or partnerships.

2. Be Concise

No one likes to read entire manifestos, especially on a screen. This is becoming especially true today, as more people access blogs through their mobile phones.

Instead of writing blog posts that go on for endless paragraphs, you'll find that you will attract more readers with concise and short posts. Anything between 700 to 800 words, with plenty of paragraph breaks, should be digestible enough that more readers will come back to your business blog for more.

3. Answer Common Questions

Blogs are perfect for answering questions that tend to bug a lot of people, such as the question, "how much is a shilling?"

When talking about a business blog, though, your common questions can be anything about your company, from its processes to its products. If you run a medium-sized bakery, for example, your blog could include posts about how the flower decorations on cakes are made or how many kinds of bread you bake every day.

4. Avoid Heavily Relying On Flash In The Pan Topics

Coming up with blog posts on any passing fancy that's suddenly popular can be tempting. After all, a lot of people are talking about it, and you want in on the action.

Here's an example: in early 2020, the whole world was going crazy for Dalgona coffee. A few weeks later, unfortunately, the buzz had fizzled out.

Rather than going for what's trending now, your blog posts should be about evergreen topics, which are questions people continually need the answers to. This means your blog posts remain relevant even months after you've written and published them.

5. Provide Actionable Advice

Few people like reading business blog posts that are just there for fluff. Instead, aim to ensure that your blog posts provide readers with clear and actionable advice.

If you are running a car selling business, for example, your blog posts shouldn't be about car models and similar information. They should provide advice on how to look for the best deals, what to look for in a great car loan and whether or not car insurance is worth it for a second-hand vehicle. Such actionable advice is a lot more useful to your readers and can draw more customers to your business.

6. Mix Things Up

Blog posts don't have to be endless walls of texts occasionally broken up by paragraph breaks and ads. Strive to make your blog posts as attractive as possible.

Put relevant and high-quality images on top of the blog posts and interspersed among the text. This will give readers a chance to rest their eyes and even visualize what you've been writing about.

Also, try to can link or posts a short video in your post. Combining different forms of media in your blog posts is a sure way to enhance the reading experience and attract more viewers.

7. Stay On Target

Remember that you're writing a business blog. The goal of all your blog posts should be to boost your business, whether that's through converting possible leads into customers or advertising your goods and services. Make sure to work these into the structure and wording of your blog posts and to help your business succeed.

Blog posts aren't going anywhere anytime soon. Your business needs to learn how you can capitalize on blog posts if you want your company to have a robust online presence and outdo your competition.