Like everything else, the face is always changing too. External factors such as public policies, marketing, technology and funding from companies like Mantis funding can influence and affect business operations.

1. How Technology and
Ecommerce Are
Changing The Face Of
Small Businesses

2. Like everything else, the face is always
changing too. External factors such as public
policies, marketing, technology and funding
from companies like Mantis funding can
influence and affect business operations.

3. Personalized Marketing
and E-commerce

4. The customer is now at the center of most
businesses and more and more businesses are
thinking of innovative and engaging ways to
attract the customer. Different marketing
campaigns are customized keeping in mind
the target audience. Companies create
campaigns that target an individual and their
past purchasing history to get more sales.

5. This mass personalization keeps the customer
loyal and develops a relationship with the
business. Thanks to social media, influencer
marketing, comments, reviews, and
testimonials play a huge part in building up a
business or bringing it down. Mantis funding
in New York is always on the lookout for small
businesses that give the customer online
convenience with an offline experience.

6. Business Collaboration
and Payment Tracking

7. Financial institutions, banks, and insurance
companies are more open to collaborations and
partnerships with small businesses. These
partnerships enable companies that share a
common market, target audience or goals to work
together for mutual benefit. Financial institutions
like Mantis funding customer service, are also
willing to pitch in with ideas, suggestions, and
plans that will help in weaker areas.

8. The rise of technology has also made tracking
payments through a bank account an
extremely simple process. Payment links can
be sent to the customer by WhatsApp, email or
a message. The transaction processes also
support common methods of payment such as
NEFT, Credit cards, and net banking.

9. Simpler Online Lending

10. While funding is necessary, obtaining one can
be quite cumbersome, involving a lot of
paperwork. It is one of the main challenges
that is faced by small businesses. New lending
services have tried to solve most of these
problems by going online and simplifying the
entire process. Funding can be approved in a
matter of days even with a low credit score.

11. The limit of the cash advance amount and the
payback schedule will be customized
according to the customers’ earnings and past
transactions. Professional lenders such
as Mantis funding also deal with complaints,
through an online system, in a prompt and
personalized manner.

12. Online lending services can be accessed from
any device and from anywhere, making it
both convenient and simple. Traditional
lending organizations are also finding their
way into using innovative technology to
partner with small businesses.

13. Employee Work Options

14. Employee productivity can be affected by everyday
issues such as bad roads and therefore providing
work options can greatly change the results too.
Work from home, co-working, flexibility are some
game-changers that businesses are incorporating.
These policies don’t just increase productivity and
employee satisfaction but they also help to save on
costs for the company.

15. It also helps in lowering attrition rates and
holding on to good talent.
Businesses are now looking to introduce AI to
rise above the competition and bridge the various
other challenges that are faced by customers.