Sixty percent
(60%) of the remaining new economy companies are contracting which
are primarily e-commerce outfits. Over forty percent (40%) are
folding up while twenty percent (20%) are striving. Since
the beginning of 2002, there are about 370 dot-coms that closed
their doors. The stronger five percent (5%) is recorded to be
profiting. Why? And how? What is the differentiating factor that
makes a company profit in this new economy?
The rationale
is simple. Cost versus
sales and sales versus profit. The retention rate of customers
and the continuous development of value proposition to them also
play a vital role. As the adage goes, 80% of the value of
a company is created by 20% of its customer base.
With cost solutions
mainly through offshore outsourcing streams, and the quality of
work assured by an onshore entity, there would rationally be more
area for profit and growth. Moreover, BizSetter intends
to match your cost vis-à-vis your sales and market share. BizSetter's
cost solution packages vary depending on the maturity and growth
level of its clients. One of the biggest challenge on this end
is scaleability. BizSetter
has adequate experience in terms of flexibility, expanding or
contracting operations based on various market conditions, with
the end in view of strategically making the business stable and
profitable. As a gesture of BizSetter's co-operation and
concern for its clients' businesses, BizSetter also helps its
clients identify other growth areas of its client's target market
and propose strategies on how to make it work.
Bound by BizSetter's
work principles, it rationalizes on various combinations that would suit best for each clientele.
BizSetter treats each client extremely confidential and recognizes
its unique and integral part in the new economy. At certain aspects
when a business opportunity has been identified, BizSetter is
also able to synergize efforts, and match our client's base businesses. In this manner,
we are able to build a constructive environment that would inevitably
make the growth graph steeper.
