Wednesday, August 29, 2012

How Negative Reviews Change Customers Mind

You feel stress, frustration, and cuss the fake reviewers when you see a new fake complaints about your company. Well, this is a common reaction and every sincere company professional will feel in this way. But, you must understand the potential of a negative fake review because that can change the mind of a potential customer.

As per the research of a prestigious market research institute, it has been found out that the 90% of total customers clinch their deals after reading customer remarks and 80% of the total customers, who read reviews, look for negative reviews before clinching their deals. Hence, it is needful that you should not take the review thing lightly.
In last few years, internet has transferred the power of information from vendors to customers. Now, the customers have the power to say about any particular company, write about their personal exp. with a company, and refer the company in their peer circle. However, some scoundrel online marketers practice this medium to defame the image of rival business organizations.
Due to majority of negative reviews against any particular business organization, the customers unknowingly carry a perception of being trapped by concern organization. Hence, they prefer to associate with an organization with less negative reviews.
So, the negative online marketers changes the mind of potential customers of a certain organization via these ways. Eventually, such online marketers make real like reviews against targeted business organization to distract the customers from approaching any certain company.
In this way, the companies deal with the increasing cyber competition issue. Noticeably, it is increasing with every passing business session. Thus, you should take extra measures to save your patronage from hijacking efforts of your rival business organization. You should be in direct touch with your customers and fulfill all the promises on due time.  

Monday, January 16, 2012

Risk Management in Software development


Software Development has huge benefits but is also a risky business. There are so many things that can go wrong that clients need to formulate a clear cut contract that covers all the legal bases capable of risk during software development.

These tips will help you in mitigating the risks in software development:

Different types of engagement models: There are different types of engagement models provided by a software development company. You should research and then decide the correct engagement model for your project. The fixed price contracts prove to be much better if proper scope of the project is provided.

Non Disclosure Agreements (NDAs): Clients should make sure that proper non disclosure agreement is signed between both the participating parties.

Paying Advance: Advance payment is the industry standard. However, clients can release the payments in two weeks interval so that the risk is minimized.

Avoid Freelancers: Freelancers can provide experienced and professional services at very cheap rates. However, often these freelancers disappear in the middle of the project due to project complications or any other reason. Avoid going to freelancers and stick to a reputed software development company.

Use PayPal or Credit card Carriers for making payment: PayPal and other credit card carriers keep records of all the transactions and their users. This information can be used in situations where payment issues are to be solved.

Project Analysis and Risk Assessment: Software development is always prone to risks. Both client and the software development company are at risk. Proper risk assessment and management activities must be done before starting with the development process.

Xicom technologies is a world renowned software development and web development company having three state of the art development centers in New Delhi, India. Xicom offers highly effective and business centric web, mobile and software solutions to 500+ global clients spread across diverse business verticals.