Today’s market is extremely competitive, increasing the need and the importance of forming the ideal business alliance. Alliances are formed for many reasons, including the need for increased cash, to come up with viable solutions for seemingly insurmountable problems, to stay abreast of new technological advances and the need to gain market shares, among others. Continue reading
Yearly Archives: 2016
Managing Channels of Distribution with Strategic Partnerships
Starting or expanding a business takes more than just a good business plan and product. It also requires avenues for getting your products to the right customers at the right time. Finding channels of distribution that allow you to accomplish your business goals involves building deep strategic alliances with the right partners.
Strategic alliances create a quicker path to growth. Continue reading
Strategic Alliances Take on New Importance With the Emergence of Big Data Technologies.
Major strategic alliances are forming to cope with a flood of data. With the explosion of the Internet of Things (IoT), the proliferation of computers and sensors creates more and more data daily. An event flyer advertising for the New Jersey Big Data Alliance Symposium puts it this way: Continue reading
Business Alliances: How Coffee And Payment Services Combined For Greater Outcomes
Walk into any Starbucks store in the country and become instantly greeted by the welcoming smells of freshly brewed coffee. You may also notice the happy customers going over business plans, reviewing homework, or simply surfing the Internet at their leisure. In general, the customer base of Starbucks is a happy group willing to fork over five dollars or more for their favorite coffee. However, there is always room for improvement. Continue reading
The Enemy Of My Enemy Is My Friend: Why Defiance of Business Alliances Doesn’t Fly
Leveraging and employing business alliances are more commonplace than ever before. The antiquated idiom of, “The enemy of my enemy, is also my friend,” doesn’t seem to carry any weight, especially considering today’s digital world.
More importantly, if we were to join the Twitter-verse, post, pin, snap and chat with social networking online, business may be left behind. Continue reading
The IoT Marketplace: Opportunities and Concerns
The Internet of Things, or IoT, is a term that describes the ever-growing world of connectivity between the internet and everyday objects. IoT generally refers to any object embedded with software, electronics, or sensors that have network connectivity. This marketplace is exploding. With this explosion arise opportunities and concerns.
For businesses, IoT offers a new horizon of technological support that facilitates opportunities to grow and creates challenges to overcome. Continue reading
3 Things Most Successful Businesses do to Build Strategic Alliances
To reap the rewards of a strong strategic alliance, a business must first study and consider following the steps other successful businesses. Doing your research is mandatory to laying a solid foundation for thriving strategic alliances for the future. Planning and research before you start pays dividends long after the partnership has started.
Before making plans to build your strategic alliance, Continue reading
Alliance Management Strategies
Companies around the country are looking for new ways to build partnerships, improve their brand, grow their community and increase revenue. For all these goals, alliance management is crucial to get the job done. Consultants help to accomplish this task but the value of your product or service is also extremely important. Continue reading