Faced with tougher market competition and clients becoming more and more selective, making a profit seems more difficult than ever. What can you do to improve your business, keep your pricing attractive, and ensure good revenue? Offshore outsourcing makes a good answer to all three questions and it’s readily available too.
While ad campaigns and other marketing strategies do have its advantages, its biggest disadvantage is cost. Today, the power of the Internet has made it possible for you to reduce your staff and production expenditure while fattening the company coffer at the same time. This ability to transfer certain business functions to lower- cost but equally capable offshore facilities give a more realistic, and effectual approach to in terms of improved services and better income generation.
Misconceptions about Offshore Outsourcing
• Is it Unpatriotic?
It has been implied that offshore outsourcing may become a potential threat to the domestic employment of an advanced country like America.
However, is it truly unpatriotic to want to safeguard a business, preserve affordable rates, and still come up with equitable company profits, and in doing so, provide much needed benefits to less developed countries or global society as a whole?
• The Language Barrier
Communication between peoples of different nations is greatly challenging, if not at all impossible to manage in terms of language.
Favorably though, there are emerging offshore outsourcing service providers all over the world with a generous pool of manpower who can communicate excellently in either British or American English.
• Compromised Product Quality
The issue of weakening product quality broods over in association with offshore outsourcing. Substandard operation and inferior work force are among the reasons presented.
Arguably, these problems could also arise right in our very own shores. In recent years, extensive efforts have been made to resolve human resource and infrastructure concerns in foreign countries. Nations like India and the Philippines boast of globally accepted business park power plants, redundant back- up generators, and highly skilled professionals.
The Advantages of Outsourcing
Once the misconceptions have been confronted and righted, it is more important to confirm that offshore outsourcing do offer notable advantages including cutting costs because it allows you to pay less for the same, if not better, services; access to a wider pool of equally competent and considerably cheaper labor; the opportunity to have your business running efficiently at whatever time of day consequently improving your customer service facilities;
Making The Choice
As you make up your mind to give offshore outsourcing a go, the following questions should come in handy in identifying a good outsourcing company:
● Does your would- be offshore outsourcing partner possess considerable experience in handling the services which will be delegated to them?
● Do you find that they exhibit a real understanding of your local key market trends?
● Does this outsourcing company have the technological infrastructure that your business requires?
● Are they capable of supplying you with qualified, competent, and reliable labor?
● Can you contact them without difficulty when needed?
● Do they have a clear grasp of what you want to achieve?
As a conclusion, outsourcing when done with due caution and proper preparation could indeed be a wise counteraction to your ROI woes.