In the dynamic world of retail where global growth is fueled by rising income, awareness, accessibility, and lifestyle changes, businesses must embrace tailored strategies to succeed in their markets. To make critical business decisions to boost business growth, a continuous retail audit strategy can prove to be rather insightful. By prioritizing accurate and in-depth retail audits, businesses can unlock the true barriers to growth and devise effective strategies that propel revenue, profit share, and market…
Artificial Intelligence (AI) has revolutionized many industries in the last few years. It has already made a significant impact across IT, E-commerce, healthcare, and finance among other sectors. We’re familiar with the potential of AI to analyze vast amounts of data, identify patterns, and come to conclusions. Companies across the globe are embracing it to gain a competitive advantage in the markets. While Artificial Intelligence has come a long way, human-driven content moderation still remains…
Are you facing challenges due to disorganized inventory management and inefficient retail audit processes? We know how crucial it is to maintain perfect store execution, measure customer satisfaction, and ensure quality control to succeed in today’s competitive market. Retail audit is an essential tool for retailers to understand how their stores are performing and how they can improve sales and customer experience. A retail audit is a systematic review of a store’s performance, including sales…
The Covid-19 pandemic has not only changed the way we work but also has transformed how companies engage with their employees. Beyond the obvious, it has made the shift towards the on-demand, assignment-based work culture more prominent. The traditional framework of employment has evolved to include these short-term, independent collaborations between employers and individuals, otherwise known as gig work. The concept of gig work has existed for a long time in India, across urban and…
Rajesh Singh, Gig Partner, Awign Almost 3 years ago, I landed in a situation where my monthly income stopped all of a sudden. The financial safety of INR 25,000 which helped me rent a 1BHK apartment, take care of my mother and brought stability to my life was suddenly shaken. I used to work 12 hours a day with a BPO call center, but I lost my job in the initial months of Covid-19. Unemployment…
Telecalling services are a proven method of business promotion that is highly effective in lead generation and gauging the initial level of involvement from the customer. It eases the process of building a relationship with the target audience, generates new leads, and thoroughly explains the offered products and services. As customer satisfaction and reviews increasingly become performance parameters, enterprises are further exploring new formats and strategies for reaching out to their consumers. This approach leads…
The future of employment has always been a major concern for people across the globe. A survey conducted by global professional services firm Aon revealed that the first half of 2022 saw an attrition rate of 20.3% in India. The particularly hard-hit IT industry alone witnessed attrition rates reaching an all-time high of 25.2%. But what led us to such high attrition rates across industries? Reports state that the primary causes for attrition were identified as…
Praveen Kumar Sah, Co-founder and CTO, Awign As a young and ambitious 18-year-old fascinated by the potential of technology, you can imagine my excitement at cracking IIT on the first try. But while this was the moment that opened the doors of opportunities for me, it was working at Flipkart and Ola that sparked my interest in building solutions that solve real and tangible problems. I quickly comprehended my desire to achieve it at a…
A report titled ‘World Economic Outlook’ published by the International Monetary Fund (IMF) recently stated that the world is in a volatile period where economic, geopolitical, and ecological changes are all impacting the global outlook. And we’ve been witnessing the same in the last year. Inflation has soared to multi-decade highs, prompting rapid monetary policy tightening and squeezing household budgets, just as COVID-19-pandemic-related fiscal support is waning. As a result of the same, many low-income…
As technology continues to penetrate every aspect of our lives at a rapid rate, it is also by extension changing the way the industry operates. Following the trend of exponential growth, there were approximately 846 million internet users in India in 2021, a number projected to reach 1.5 billion by 2040! In this scenario where digital has become the new norm, businesses are increasingly leveraging online platforms to reach their audience, and to expand. A…