15 May

3 Reasons To Add Value Through Strategic Partnerships

Identifying complementary businesses to partner with in an effort to add value to your customers and reach a larger audience is a great way to expand your brand awareness and gain exposure with your target markets.The key is to identify a niche of businesses that you can cultivate a relationship with to generate a long term partnership.

Business Partnership

Increase Revenue

Looking for ways to increase revenue efficiently, without a significant investment? Strategic partnerships offer small businesses the opportunity to grow revenue and add value for their clients through product bundles, referral or affiliate incentives, or even as a third party seller of a partner service.

For example, Softsys Hosting offers managed servers which are a bundle of infrastructure services, server management, backups and monitoring so that a single product includes everything your business needs from a cloud web hosting server.

When considering how to grow your revenue, it can be intimidating to take on full product development or offering brand new services. Creating product bundles or additional offerings through a strategic partnership is a great way to generate additional value for your clients, allows you to charge more for the bundle, and exposes you to your partner’s client base as well.

Customer Base Expansion

Expand Your Customer Base

Consider strategic partnerships as an advertising channel where your direct costs are limited. If you can provide value to your partner’s audience and client list, the likelihood of them sharing information about your products and services is exponentially higher.

Not only is this exposure much less expensive than it would cost through traditional advertising, the conversion rate will be higher because the “ad” will be coming from a trusted source.

Focus on how you can provide value to their client base (not just how they can appeal to yours) and work with your partner to create an outreach campaign that introduces you to their audience.

Avoid Being Turned Into A Commodity

Partnering with businesses that add exceptional value to your clients helps increase client retention and customer satisfaction. This is a massive competitive advantage for your business and enables you to compete on value rather than price.

When considering potential partners, identify complementary services and products that your clients are already searching for once they purchase a service from you.

This will allow you to avoid being commoditized and stabilize your position in the market.

12 May

What Is Your Cheap Hosting Provider Costing You? Price vs. Value In The Online Hosting Space

The online hosting space is an increasingly crowded market and, for small business owners, it’s difficult to determine which option is the best for your specific business needs. Finding a partner that has a good balance between price and value can be a key component of your business growth.

At Softsys Hosting, we understand this competitive market and know that our services are rarely the cheapest option for our customers. This can sometimes cause customers to make the decision to leave when cutting costs is necessary to optimize their business. Even as customers transition away, we try to serve them as best we can through the process. That’s because, more often than not, customers return when they find out that saving pennies on their hosting service cost them much more.

How can your “value” a web hosting provider cost for your business?

Increased Downtime

Your business relies on your technology. And your technology relies on your hosting. That’s why the primary qualification for a hosting provider should be consistent uptime. Unfortunately, this is one of the first things to suffer when transitioning to a low cost web hosting service. Take it from one of our clients, Surinder, who switched back to Softsys Hosting after experiencing an outage for over 3 days. Imagine what would happen to your business if your site and systems were down for several days.

Here’s what Surinder had to say in above blog

SoftSys Hosting

It’s important to do your research and truly understand whether your hosting provider backs up their claims in regards to downtime. Understand how they measure their downtime and, more importantly, what their process is to rectify any service failures.

Hosting Downtime

Lack Of Flexibility

In order for cheap web hosting providers to maintain solvency, they often require longer term contracts that lock you into a particular rate for up to 2 years. As a result, you may find yourself in a situation where you can’t afford to stay with the low cost provider but you can’t afford to leave due to your contract.

We know as well as you do that flexibility is crucial for small businesses. The ability to change and adapt with your needs and the market allows you to serve your customers better and sustain consistent growth.

Don’t jeopardize your company’s ability to adjust to market changes to save a few dollars a month over the course of a couple of years. In the words of our friend Surinder, “you get what you pay for.”

Customer Service Failures

High quality customer service costs money. At Softsys Hosting, our customer service staff is highly trained, available 24/7, and solely focused on helping our customers make the most of our web hosting service.

With a budget service, you could find yourself wasting hours awaiting a response from customer service teams that don’t prioritize efficiency.

Customer Satisfaction

Celestial Service is only celestial when coming back is easy. We don’t ask questions, we just love to provide the best hosting service for money that makes both of us happy. In case you are in a situation where your service is below your expectation and you consider coming back, we are here to help.