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  • Top 10 European VCs for Seed Funding

    One of the most crucial things to consider when starting your own business is acquiring your seed money. Revenue is more likely to be sparse or consistent than abundant when you start your project. For many early-stage firms on the verge of success or, tragically, failure, securing funds and backing from a venture capital investor can be the make-or-break point. Finding the proper VCs to partner with may be difficult, as you want to make sure they are a good fit for your startup’s vision and can provide you with the resources and network you require.

    With that in mind, let’s take a look at ten European venture capital firms that specialise in different industries and could be able to help you get the funding you need for long-term success.

    Top European VCs for Seed Funding

    1. Index Ventures
    2. Seedcamp
    3. SNÖ Ventures
    4. 01 Ventures
    5. Inventure
    6. Superhero Capital
    7. Accel
    8. Balderton Capital
    9. Ascension Ventures
    10. MMC Ventures

    Conclusion
    FAQs

    Top Venture Xapital Firms in UK, Europe

    Top European VCs for Seed Funding

    Here are some of the top Venture Capital firms based in Europe which help in financing startups and small businesses.

    Index Ventures

    Index Ventures - Top European VCs for Seed Funding
    Index Ventures – Top European VCs for Seed Funding

    Index Ventures is a venture capital business located in London, United Kingdom, founded in 1996. The corporation wants to invest in commercial services, media, retail, and information technology.

    Deliveroo, FarFetch, Funding Circle, Transferwise, and Revolut are just a few of the London startups that Index Ventures has partnered with. And a sizable proportion of its investee firms have completed successful initial public offerings (IPOs). The fund works with entrepreneurs in any industry and at any level. However, according to its portfolio, it focuses on seed and venture-stage firms in fintech, SaaS, eHealth, entertainment, fashion, and digital infrastructure.

    Since 2011, the fund has invested in 64 London-based businesses, totalling 111 individual equity raises. Index Ventures bills itself as a worldwide, people-focused fund that intends to work with entrepreneurs to convert their ideas into global enterprises. Its offices are now located in London, Geneva, and San Francisco.

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    Seedcamp

    Seedcamp - Top European VCs for seed funding
    Seedcamp – Top European VCs for seed funding

    Seedcamp is a European venture fund located in London, England, founded in 2007 by Saul Klein and Reshma Sohoni. It backs entrepreneurs utilising technology to take on massive, global marketplaces. The fund focuses on early-stage firms and invests between £100k to £2 million on average. The fund helps its portfolio firms establish product-market fit, expands their sales and marketing teams, and connects them with a global network of specialists.

    The fund has a strong track record, having supported multiple unicorns such as Revolut, Wise (previously TransferWise), and Hopin, a virtual events platform. Primer, Curve, and challenger bank Monese are among the significant fintech startups in its portfolio. Since 2011, Seedcamp has invested in at least 128 different equity fundraising rounds in 97 innovative startups in London.

    The fund’s investments are primarily focused on firms in the European Union, although they also have a significant presence in North America.

    Since November 2018, the average seed money obtained for their most recent ventures has been $2.025 million.

    They have made several significant investments in recent years. On the 15th of November, 2018, they made a $4 million seed investment in Ezra, and on the 23rd of January, 2019, they made a $1.6 million investment.

    SNÖ Ventures

    SNÖ Ventures – Top European VCs for seed funding

    SNÖ Ventures is a Norwegian early-stage venture capital firm that invests in technology-related entrepreneurs and business owners. It was created in 2015. The members of the SN Initiatives team have a wealth of knowledge and experience in technology-related ventures, and some have even started and run their firms.

    Since Magne Uppman and Teodor Bjerrang founded the business in 2015, they have developed offices in their home Norway, Oslo, and a presence in Palo Alto, California. A typical round of seed fundraising is $1 million in size.

    01 Ventures

    01 Ventures - Top European VCs for seed funding
    01 Ventures – Top European VCs for seed funding

    01 Ventures is a venture capital business situated in London, the United Kingdom’s capital. They specialise in investing in deep technological startups at an early level. The investment team at 01 Ventures comprises experts in their respective technology fields, which helps to influence their investment selections.

    01 Ventures invests primarily in European firms, although they have also invested in the United States and China.

    01 Ventures was created in 2015 by Correy Voo, Chris Haley, Ton van’t Noordende, and Eeswaran Navaratnam, a group of investors. The average size of a seed investment round at the business is $1.875 million.

    Inventure

    Inventure - Top European VCs for seed funding
    Inventure – Top European VCs for seed funding

    Inventure is a Finnish corporation that provides seed money to entrepreneurs who demonstrate creativity or operate in high-tech fields. Sami Lampinen and Timo Tirkkonen started the venture financing business in 2005.

    Inventure positioned itself as a “Nordic technology fund,” with most of its investments concentrated in European nations and some activities in China. One of their latest seed fundraising activities has an average size of roughly $900,000.

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    Superhero Capital

    Superhero Capital - Top European VCs for seed funding
    Superhero Capital – Top European VCs for seed funding

    Superhero Capital is a venture capital firm based in Finland that focuses on early-stage investments. They are primarily interested in B2B software firms focusing on the e-commerce, financial, healthcare, and industrial technology industries.

    Juha Ruohonen, Jakob Stor, Jussi Harvela, and Moaffak Ahmed formed Superhero Capital on the 6th of June, 2015, with the help of a group of entrepreneurs.

    The company’s interests are primarily concentrated in its home country of Finland. In the previous two years, they’ve invested an average of $1.2 million in other companies’ seed rounds.

    Their leading investment on the 27th of March 2018 and their leading investment into Codescoop on the 1st of June 2018 are two instances of their more recent, prominent investments.

    Accel

    Accel - Top European VCs for seed funding
    Accel – Top European VCs for seed funding

    Accel is a venture capital firm located in Palo Alto, California, founded in 1983 and is run by. The business is looking for seed, series A, series B, and early-stage growth firms that operate on the cloud (SaaS).

    Accel Partners manages a venture capital fund in the United States called Accel. The fund is interested in a broad range of tech industries, including enterprise, information technology, consumer, business goods, healthcare, security, services, media, and fintech, having successfully supported the likes of Slack, Bumble, and Deliveroo from an early stage.

    Accel has an extensive global footprint. However, its European activities are now managed from London.

    Accel is a significant venture capital firm that invests in individuals and their businesses from the beginning to the end of their development. Over the last 30 years, the Accel has funded firms such as:

    Since 2011, Accel has made at least 69 equity investments in 31 London-based businesses, including numerous follow-on rounds obtained by Hopin, Monzo, and digital security firm Snyk. The fund invests in growth capital and works with companies to help them build their brands and expand their client base.

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    Balderton Capital

    Balderton Capital - Top European VCs for seed funding
    Balderton Capital – Top European VCs for seed funding

    Balderton Capital is a venture capital firm that invests in European-based technology businesses with worldwide ambitions.

    Balderton Capital has worked with over 200 entrepreneurs and raised above $3 billion to invest in their businesses since its inception over two decades ago. The fund takes a long-term strategy, often investing between $1 million and $20 million in the early phases of its growth and supporting them from start to finish.

    Since its inception in 2011, the fund has invested in at least 81 high-growth London-based firms. Some among the company’s notable clients are:

    • Darktrace
    • Revolut
    • Crowdcube
    • GoCardless
    • Depop
    • ComplyAdvantage
    • Citymapper

    Ascension Ventures

    Ascension Ventures - Top European VCs for seed funding
    Ascension Ventures – Top European VCs for seed funding

    Ascension Ventures is an early-stage venture capital firm founded by successful entrepreneurs to support the next generation of technology and social impact entrepreneurs. It makes investments in businesses that qualify for the government’s Enterprise Investment Scheme (EIS) or Seed Enterprise Investment Scheme (SEIS). While Ascension does not disclose its investment range, Beauhurst research shows that it regularly invests between £300k and £1.2m.

    As we highlighted, ascension Ventures was one of the most active impacts investors in the UK last year. In London, it has funded 78 ambitious businesses through at least 95 equity fundraisings since 2011. The fund also provides coaching and access to its network of industry connections and offers expansion funding.

    MMC Ventures

    MMC Ventures - Top European VCs for seed funding
    MMC Ventures – Top European VCs for seed funding

    MMC Ventures primarily invests in post-revenue technology startups in the United Kingdom. It assists with scaling these enterprises, often investing between £2m and £3m with a 3-5-year exit horizon. The firm was an early investment in Gousto, and it also owns Bloom & Wild, a flower delivery service, and Signal AI, a market intelligence platform.

    MMC Ventures has been active in London since 2011, investing in 32 startups and at least 72 equity fundraisings.

    The company as a whole has been investing since 2000 and currently manages over $500 million in several funds; as part of the Greater London Investment Fund (GLIF—a fund of funds supporting SMEs in the Capital—it announced a new £52 million seed fund in 2019 to help small firms in the capital.

    Conclusion

    Whether or not you can get a suitable Venture Capital firm to provide seed money for your company will be the deciding factor in whether or not your business will succeed. So choose wisely.

    FAQs

    What are the top European venture capital firms?

    Some of the top European Venture capital firms are:

    • Index Ventures
    • Seedcamp
    • SNÖ Ventures
    • 01 Ventures
    • Inventure
    • Superhero Capital
    • Accel
    • Balderton Capital
    • Ascension Ventures
    • MMC Ventures

    How many VC firms are in Europe?

    There are over 1600 Venture Capital firms in Europe.

    What are the top VCs in India?

    Top 10 Venture Capital firms in India are:

    1. Sequoia Capital
    2. Accel
    3. Blume Ventures
    4. Elevation Capital
    5. Tiger Global Management
    6. Kalaari Capital
    7. Matrix Partners
    8. Nexus Venture Partners
    9. India Angel Network
    10. Omidyar Network India

    What are the types of funding rounds?

    Types of funding rounds for startups are:

    • Seed round
    • Angel round
    • Series A round
    • Series B round
    • Series C round
    • Pre-Public round

  • ShareChat Business Model | How does ShareChat Make Money

    Technology brought us the Internet and smartphones. Thanks to these two, we have another medium that is not less of a miracle. Social Media is a part of our daily life. It is almost impossible to imagine, not having a social media account at this age.

    Social media gives us an opportunity to connect with people. It doesn’t matter where they live; one could stay connected with each other through social media. Apart from staying connected with people around the world, one can share their thought, insights basically their life on social media. We also get to have different careerists opportunities as well.

    Some of the well-known and most used social networks are Facebook, Instagram, WhatsApp, Twitter, and others. They are the mains that have people flocking over them. Apart from that, there are various other social media platforms that are taking the world by storm. Among all of them, one such platform is ShareChat. In this article, we will talk about this app and take a look at its business model and how it makes money. So let’s get right into the business.

    “The great thing about social media was how it gave a voice to voiceless people.”

    -Jon Ronson

    What Is ShareChat?
    About ShareChat
    Features of ShareChat
    Target Audience of ShareChat
    Business Model of ShareChat
    How Does ShareChat Make Money?
    Revenue Of ShareChat
    FAQ

    What Is ShareChat?

    ShareChat is an Indian social networking platform that gives users an option to connect with people and also share videos, pictures, and status in their own language. The features like direct messaging and tagging are also included in this app. The app has over 160 million active users monthly. Ankush Sachdeva is the current CEO of ShareChat.

    About ShareChat

    ShareChat first started its journey in the year 2015 and was founded by Ankush Sachdeva, Pratap Singh, and Farid Ahsan, all of them graduated from IIT Kanpur. The social networking site is under Mohalla Tech Pvt Ltd. The headquarters is situated in Bengaluru, India. The company has over 400 employees working for it now.

    In the year 2016, ShareChat enabled its users to create user-generated content that is, they got the option to share photos and videos of their own. In the year 2018, it launched some spectacular features for the users of this app, which made it quite a fan favourite.

    Features of ShareChat

    Some of the highlighted features of this app that makes it popular amongst social media users are down below:

    • The best part of this social media is that it allows people to handle their accounts in their own language. 15 different Indian languages are available in this app namely, Bengali, Marathi, Punjabi, Hindi, Urdu, Malayalam, Gujarati, Odia, Kannada, Assamese, Haryanvi, Telugu, Tamil, Rajasthani, and Bhojpuri.
    • Apart from sharing your content on the platform, you get to have a private messaging option, where you can send messages to other users of the app and stay connected with them by having one-to-one communication.
    • Another popular feature is tagging, where you can create a tag and can post whatever you may like under them.
    • You can also follow another user in this app and can see their regular updates here whatever they are sharing.
    • It also has a feature to share any content that exists on the social media platform on WhatsApp.

    Target Audience of ShareChat

    ShareChat target audience is not limited to any certain groups but it mostly targets people who want to use social networking platforms in their mother tongue or any regional language. Plus it is also a safe place for the people who are using the internet and indulging in social media for the very first time.

    Business Model of ShareChat

    There are two ways in how content marketing is done on the internet. The first form is one the content is created by the creators of the platform and is only owned by them and the other form is where the users of the platform generate their own contents. This social media platform falls under the second category. All the contents are user-generated here.

    Those contents are shared with the other users. It includes pictures, videos, posts, GIFs, audio, and others. Apart from that you can connect with several people here and can make friends with whom you can share your daily updates and of course can interact with each other. The feature that makes it unique is that all of these can be done in any 15 regional languages that ShareChat provides to its users.

    How Does ShareChat Make Money?

    ShareChat mostly makes money through advertising. It mainly collects the data of the user’s analyses them and of course, stores them. These data are then given to the advertisers so that they can identify their target audience and advertise their products to them.

    Apart from advertising, it also generates revenue through payment transactions and sponsored campaigns. They also tie up with local brands that sell products and services amongst the regional language-focused audiences.

    In 2020 following the tension between India and China, when India banned Chinese apps. TikTok was also banned. ShareChat launched a short video platform named Moj as its parent company, which has the same features as TikTok on 29 June 2020. This app reportedly has 160 million active users monthly and has beaten its several competitors like MX TakaTak and Josh and is considered India’s top short video creation app.

    Revenue Of ShareChat

    The company faced a big loss in the year 2020, approximately ₹676 crores. The year 2021 bought quite good news for the Indian social media as it enters into the Unicorn club after raising a fund of $502 million and its valuation jumps to $2.1 billion. The funding was received from venture firm Lightspeed Ventures, Tiger Global, Twitter, and Snap Inc.

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    Conclusion

    With so many different social media apps launching every day, there will be few that are going to be successful and will be able to entice people to use them. Some new and exclusive features have to be added to capture the attention of the users, ShareChat, the new member of the Unicorn club has been able to do that.

    FAQ

    Is ShareChat a Startup?

    ShareChat is an Indian social media startup.

    Who is the CEO of ShareChat?

    Ankush Sachdeva is the CEO of ShareChat since 2017.

    Is ShareChat Made In India?

    ShareChat is a social media platform that is particularly made in India.

  • Tools for Sending Bulk Messages on WhatsApp Business

    WhatsApp has been one of the leading chat and messaging applications irrespective of region, language, or any other geographic factor out there. Lately, WhatsApp has rolled out many new features and updates regarding its privacy policy and also received a lot of backlashes owing to it. However, there is no doubt that as of now, there is no other messaging application as popular and widely used as WhatsApp. This is one of the many reasons why business owners use it to send out bulk messages regarding their products, services, subscription and other amenities.

    Sending bulk messages helps business owners quite a lot, and saves time and effort while optimizing resource usage. The ability to send bulk messages often comes in handy when operating a business for various use cases. There are a lot of tools, which when integrated and used alongside WhatsApp, help users send bulk messages with even more functionality, and help optimize the process as best as it can be. These tools are available on the internet, and although there are many, not all of them are suited to every business type.

    So to find out the best WhatsApp bulk message sender that suits your business, here we compare the top 4 Bulk Message Sending Tools for WhatsApp, and their features and pricing plans.

    Whatso
    Whatsender
    Wapsender
    Trueline Bulk WhatsApp Sender
    Conclusion
    FAQ’s

    Whatso

    Whatso Bulk WhatsApp Sender

    Whatso is one of the most robust and powerful Bulk WhatsApp Sender out there, that also offers an Anti-Blocking feature for quick message delivery. It is a regularly updated tool and can be used on any number of systems without any additional costs through the enterprise plan. Moreover, it is an open-source application, which means once you buy the application, you can further tweak the code to match your business needs.

    Also read:

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    Whatso Interface
    Whatso Interface

    Features Offered by Whatso

    • Whatso allows you to send thousands of WhatsApp messages at once, even to the contacts that aren’t saved in your phone library.
    • The messages that you send through Whatso can also be customized with the receiver’s name and other information to make it more personalized.
    • You can import all your contacts through a CSV file or an excel sheet, or even copy-paste them; you can also get contacts from WhatsApp groups.
    • Advanced features include sending log, scheduled messaging, and number filters for bulk messaging.
    • You can send announcements, updates, and news on a regular basis and hence build a strong relationship with your customers and keep them engaged.

    Pricing for Whatso

    Standard Plan Professional Plan Enterprise Plan
    Costs INR 1299 per year, and the plan is valid for 1 year and on a single system Costs INR 1999 and the plan is valid for lifetime usage on a single system Costs INR 3999 and the plan is valid for lifetime usage on any number of systems
    Allows for only 1000 messages per day Allows for unlimited messages Allows for unlimited messages with free updates
    Offers Anti-Blocking feature with Turbo Speed mode Offers Anti-Blocking feature with Turbo Speed mode Offers Anti-Blocking feature with Turbo Speed mode
    Allows up to 1000 contact imports Allows unlimited contact imports Allows unlimited contact imports

    Whatsender

    Whatsender Bulk WhatsApp Sender

    Whatsender is a bulk WhatsApp sender like the others on this list, designed to send bulk messages directly from the desktop in an efficient way. It allows users to send custom messages, and also assess the campaign with reports. Whatsender also offers you the ability to use multi-channel, so you can automatically send WhatsApp messages with multiple accounts. You can send texts, videos, audios, and pictures along with different kinds of files for marketing and other business purposes.

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    Features Offered by Whatsender

    • Whatsender allows you to send customized messages over WhatsApp, along with the receiver’s name and other information.
    • You can import contacts from a CSV or txt file and even manually from your contact library.
    • Whatsender allows users to send messages even to recipients whose numbers aren’t saved in the contact book.
    • You can send messages from multiple WhatsApp accounts and also create multiple variations of the same WhatsApp text.
    • Analyze your campaign, schedule bulk messages, and also filter contacts who you wish to send customized messages.

    Pricing Offered by Whatsender

    Whatsender offers its users 3 different pricing plans based on their features, namely the Individual plan, Individual pro plan, and Enterprise plan. While the Individual plan is valid for a year and costs $34, the Individual pro and Enterprise plans cost $44 and $84 respectively and are valid for 2 years. Moreover, the Enterprise plan allows up to 3 users, with the same plan.

    Wapsender

    Wapsender Bulk WhatsApp Sender
    Wapsender Bulk WhatsApp Sender

    Wapsender is quite an efficient tool to send bulk WhatsApp messages to both, saved and unsaved contacts with ease. Like most other entries on this list, Wapsender helps you import contacts through a csv or txt file, and send personalized and custom messages to clients and customers to boost engagement. Wapsender offers its users a chrome extension and can be installed with a single click. Wapsender ultimately helps users enhance productivity, and engage customers to build more lasting relationships with customers.

    Relevant read:

    The Insider’s Guide to WhatsApp Business
    The New WhatsApp update and How it Will Use Your Data
    WhatsApp Launches Shopping Button

    Features Offered by Wapsender

    • Send bulk messages to your WhatsApp contacts, saved or not, and edit and customize messages with emojis and with text.
    • Wapsender allows you to upload bulk data in CSV and Xls files along with country code to save contacts.
    • Wapsender also allows users to send files including pictures, audio and video along with other file formats in bulk.
    • Users can also download the contacts of WhatsApp groups to send them bulk messages.
    • Wapsender also furnishes its users with an advanced blocking feature along with message reporting for unsent or failed messages.

    Pricing for Wapsender

    Wapsender offers its users 3 different plans with common features, and the only difference being the validity period. While the monthly plan costs users INR 350 per month, the Quarterly plan costs users INR 1000 for 4 months. The yearly plan costs INR 2500, with the same features as the first two. Wapsender also offers a free plan, which doesn’t exhibit some of the advanced features including bulk uploads, sending attachments, and failed message reporting, it can be used for the basic bulk WhatsApp text sending.  

    Trueline Bulk WhatsApp Sender

    Trueline Bulk WhatsApp Sender

    Trueline Solutions offers a Bulk WhatsApp marketing software that exhibits most features of a Bulk WhatsApp sender and more. With this tool, marketers and business personnel can enjoy various features including multimedia sending, number filters, group contact grabbing, anti-block module, sleep control, and various others. It furnishes the users with a multi-language functionality, which helps them send messages in various different languages.

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    Comparison Between WhatsApp and Telegram

    Features Offered by Trueline Bulk WhatsApp Marketing Tool

    • Trueline WhatsApp Bulk WhatsApp Marketing tool offers extraction of groups by category, along with a group verifying module.
    • Users also enjoy auto group joining and posting along with multiple account support with the multichannel feature.
    • Trueline has enabled this tool to send unlimited bulk messages including both text messages and multimedia files.
    • It also offers users a number filter module and group contacts extractor module for sending bulk messages.
    • Users also enjoy speed control, sleep control and delay control features with the WhatsApp Marketing solution.

    Pricing for Trueline Bulk WhatsApp Marketing Tool

    Trueline solutions offer 3 different software for bulk messaging namely, Bulk WhatsApp Marketing Software, Bulk WhatsApp Marketing Software with Catalogue, and WhatsApp Business Marketing Tool.

    Bulk WhatsApp Marketing Software Bulk WhatsApp Marketing Software with Catalogue WhatsApp Business Marketing Tool
    Costs INR 1000 or $15 in a one time buy Costs INR 1200 or $17 in a one time buy Costs INR 2000 or $28 in a one time buy
    Unlimited messages and multimedia support along with images with caption Unlimited messages and multimedia support along with images with caption Unlimited messages and multimedia support along with images with caption and WhatsApp stickers
    Customized messages, multiple account support with no product or service catalogue Customized messages, multiple account support with WhatsApp Business product and service catalogue Customized messages, multiple account support with no product or service catalogue
    Group contact extractor, advanced settings, and multi-language support Group contact extractor, advanced settings, and multi-language support Auto reply, dynamic chatbot, group posting, and message scheduling

    Conclusion

    Finding the best and most suited Bulk WhatsApp sender is no joke; however, the above-listed tools encompass most of the features and functionalities of an ideal Bulk messaging tool. If your business needs to have a catalogue on WhatsApp, you can opt for the Trueline Marketing Software with catalogue, however, if you need a free service, you can opt for the free plan of Wapsender.

    FAQ

    Why Whatso is one of the more robust and powerful Bulk WhatsApp Sender?

    Whatso is one of the more robust and powerful Bulk WhatsApp Sender out there, that also offers an Anti-Blocking feature for quick message delivery. It is a regularly updated tool and can be used on any number of systems without any additional costs through the enterprise plan. Moreover, it is an open-source application, which means once you buy the application, you can further tweak the code to match your business needs.

    What are the abilites Whatsender have?

    Whatsender offers you the ability to use multi-channel, so you can automatically send WhatsApp messages with multiple accounts. You can send texts, videos, audios, and pictures along with different kinds of files for marketing and other business purposes.

    What is the Pricing of Wapsender?

    Wapsender offers its users 3 different plans with common features, and the only difference being the validity period. While the monthly plan costs users INR 350 per month, the Quarterly plan costs users INR 1000 for 4 months. The yearly plan costs INR 2500, with the same features as the first two.

  • Top 5 No-Code Chatbot App Builders| Build Chat Bot App Without Coding

    Today’s contemporary world, is spinning and functioning around online market. It is fair to say it has become a primary part of people’s lifestyles.

    What Is Chat Bot

    A chatbot is a computer software that stimulates and processes human conversation, it can be written or verbal. Basically, it gives the feel of an online chat with any online human agent.

    Advantages of Chatbot

    The average customer service email response time is over 10 hours. With a live chat service, you’ll respond to your customers before they decide to buy elsewhere. Up to 98% of your visitors leave without buying. Use customer support live chat to engage them in conversations, answer questions, and increase sales.

    What Is No Code

    No code development is an approach for technical and Non Technical users to build applications and automate workflows through the drag and drop option facility. By providing easy-to-use but powerful tools for end-to-end application/ software development. No-code platforms offer greater flexibility in terms of app design, customization, and integration.

    Key reasons to use No Code Platform:-

    • Increased innovation capabilities
    • Improved Efficiency
    • Freedom to own your Automation
    • Reduced Cost and Risk

    No-code chatbot app development tools are those platforms that provide ways to create chatbot apps for websites, mobile applications etc. without using code. These platforms are a source of easy creation and development, where the user doesn’t have to write even a single line of code, to get their job done.

    This in turn work as a saviour for beginners who have little or no knowledge, of coding. App creation in itself isn’t easy, and on top of that carrying out compound code work isn’t very appealing.

    Here in this article, we’ll be seeing a list of the best no-code chatbot app builders, with a detailed analysis of each. So, let’s begin:

    Top 5 No-Code Chatbot App Builders

    1. Botsify
    2. HubSpot
    3. Pandorabots
    4. MobileMonkey
    5. Chatfuel

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    1. Botsify

    Botsify Chatbot App Home Page 

    If you want to create a chatbot in less time then Botsify is a good option for you. It is an extremely easy tool to use without any coding requirement, with customizable templates and a drag-and-drop interface it is very convenient to use and create a chatbot.

    The platform introduces conversation forms that collect information from users through chatbot conversations and it offers plugins for integration of your platform with the chatbot via JSON API or RSS Feed. Their customers include Apple, Shazam, and UNICEF.

    Rating 4.4/5

    Voted as one of the best chatbot app-building platform by its users, Botsify makes the task a lot easy and quick. It walks you right through the steps you need to take as per your experience level and knowledge.

    Botsify Pricing

    Free Trial: 14 Days Free Trial Available

    Plan Pricing
    Do It Yourself $49/month
    Done For You $149/month
    Custom Contact Us

    *Custom Plan is for enterprises with high usage & on-premises solutions.

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    2. HubSpot

    HubSpot Chatbot App Home Page 

    Easily create messenger bots that help you qualify leads, book meetings, provide answers to common customer support questions, and more — so your team has more time to focus on the conversations that matter most. One inbox for all customer communication. Can choose a template based on your bot goal. Chatbot software is seamlessly integrated with HubSpot’s contacts database, your bots can deliver friendlier, more personalized messages based on the information you already know about a contact.

    Any information collected by your chatbots will automatically get synced to and stored on a contact’s timeline, giving your whole team complete context and a crystal clear view of every engagement.

    Rating 4.4/5

    HubSpot Pricing

    Free Trial: Available

    Plan Pricing
    Starter $45/month
    Professional $800/month
    Enterprise $3600/month

    No-Code Chatbot app – HubSpot Chatbot Tutorial

    3. Pandorabots

    One of the oldest and largest chatbot services in the world. This chatbot service provides characters to make chat interesting, small talk libraries due to which the user gets ease in selecting the FQA and response.

    Chatbots built and hosted with pandorabots appear in messaging and native apps, the web, games, social networks, and connected devices. Academics and universities use the platform for teaching and research. Pandorabots chatbot framework is based on AIML (artificial intelligence mark-up language) scripting language, by which you can build a chatbot in any natural language. Their customers include Coca Cola, Bridgestone, Barclays, Walmart, HCL, Docomo, and TATA

    BuildFire App Development Dashboard | Best No code app builder
    pandorabots Chatbot App Home Page 

    Advantages
    AIML scripting language AIML is highly versatile and has received lots of praise from developers. Pandorabots AIML provides flexibility because you have full access to the tools powering your bots.
    Open-source Pandorabots is an open-source platform, so you own your data and can download your code.
    Content libraries for shortcut Pandorabots come with some pre-build library, so the effort to teach every chatbot to respond to the questions and phrases.
    Deploy on multiple channels You can place your Pandorabots on both voice and messaging channels such as WhatsApp, Slack, Facebook Messenger, Wechat, etc. In today’s time, it is a very important feature to adapt.

    Pandorabots Pricing

    Free Trial: Available

    Plan Pricing
    Developer $19/month
    Pro $199/month
    Enterprise For Customization Contact

    No-Code Chatbot app – Pandorabots Chatbot Tutorial

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    4. MobileMonkey

    MobileMonkey Chatbot App Home Page

    MobileMonkey is easy to use, it also has features that can build sophisticated behaviour. It can store the user’s response to a question to reuse in the future in bot replies. With MobileMonkey you can build chatbots for Facebook messenger and set various lead generation tools such as chat blasts or broadcast messages, drip campaigns, and list building to increase marketing efforts. It also allows to automate customer service by providing responses to frequently asked questions which reduces effort and time.

    MobileMonkey is the only platform that automatically converts inbound and outbound marketing and conversion in the same place. Their customers include Toyota, and Century 21.

    Rating 4.4/5

    MobileMonkey Pricing

    Free Trial: Available

    Plan Pricing
    Startup Edition $119/month
    Funnel Pro Sales $119/month
    Insta Champ $19/month

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    5. Chatfuel

    Chatfuel is another great, easy-to-use platform for building bots without coding but specifically for Facebook and Instagram messenger, so it is useful for startup and small businesses. This platform offers different editing tools for you to design your chatbots as you want them and allows you to set up conversational rules in the dashboard. Can choose a variety of templates to best fits your needs. Scheduled re-engagement sequences that you can design and tweak. A useful feature is that when a person interacts with the chatbot, it adds them to your database, which allows you to reach out to them in the future.

    Chatfuel analytics technology provides insights about the performance of the bot. It has created Facebook Messenger chatbots for various big clients including Adidas, TechCrunch, Lego, and T-Mobile.

    Rating 4.6/5

    Chatfuel Pricing

    Free Trial: Available

    Plan Pricing
    Business $11.99/month
    Enterprise $199/month

    How to choose among te best AI chatbot platforms?

    Define the company’s requirements related to the messaging platform.

    Every business is different and so there requirements, some need a platform that can handle multiple chatbots, while some want to start small and grow with time.

    So first you need to understand the requirement of your business according to which you can select appropriate chatbot platforms.

    Consider the user experience of messaging channels.

    While choosing a chatbot platform it is important to consider the user experience of the messaging channel you will be using. Different chatbot platforms offer additional features but most importantly they should be easy to use and how reliable it is. It should stay offline and retain customer data.

    The best chatbot platform provides a more realistic and natural conversation experience because chatbots are meant to improve communication and help in lead generation.

    Make sure data security.

    Today’s business world is more dependent on technology, so it is important to make sure that any person is kept secure.

    Compare pricing plans and payment options.

    Pricing plans and payment options are important considerations when choosing an AI chatbot platform for your business. Some platforms provide free trial period to experience services and decide whether to go for an annual subscription or choose some other platform.

    Conclusion

    So this was the list of best chatbot no-code app builders. What earlier was considered impossible is now just a matter of a few steps. Chatbot app creation has now become a task of just a few steps and to do that you may use any of the above chatbot building apps, and make the job handy and possible.

    FAQs

    What are no code app builders?

    No Code app builders help to create apps without knowing how to code. Originally designed for teammates with no coding experience, this type of development allows anyone to create fully functional apps with the help of a simple visual editor.

    Does chatbot require coding?

    You don’t need coding skills or any other superpowers. Most people feel intimidated by the process. It looks like a complex task, and it is unclear how to make a chatbot or where to start. Well, you can start right here and now.

    How do you make a chatbot app?

    1. Step 1: Identify the type of chatbot you are building.
    2. Step 2: Select a channel.
    3. Step 3: Choose the technology stack.
    4. Step 4: Design the conversation.
    5. Step 5: Train the bot.
    6. Step 6: Test the chatbot.
    7. Step 7: Deploy and maintain the bot.

    Which are the best No-Code chatbot App Builders?

    The top 5 NO- code chatbot app builders are:

    • Botsify
    • HubSpot
    • Pandorabots
    • MobileMonkey
    • Chatfuel

  • Insane Marketing Strategies Successfully Implemented Ever | StartupTalky

    Marketing is, no doubt, the backbone of any company in the 21st Century. And when it comes to big brands, they leave no stone unturned for it. They have a vast research team to calculate the risks first. Then they have a separate marketing department that is always on the go or may outsource it from big marketing agencies. But sometimes, companies come up with some crazy and insane ideas. And surprisingly, when they work, they can do wonders for the company and its sales. So, here are some successful insane marketing strategies examples, some companies did.

    1. Fruit Bursts
    2. You’ll Need It
    3. Smash Your Past
    4. The Drinkable Poster
    5. Pizza Delivery To Space
    Conclusion
    FAQ’s

    List of Best Marketing Strategies

    1. Fruit Bursts

    Pascall is an Australian brand owned by Cadbury. They once reached out to an advertisement company, Coloribus, to create a buzz campaign. Coloribus came up with an idea in which, whoever will join it, will get something. They put up a giant strawberry-shaped balloon filled with Fruit Burst’s candy and a giant pin at a distance, on a billboard. Then, they started inflating the balloon. After setting all this, they asked people to guess the exact time the balloon would burst. Whosoever would guess it precisely right, will get $5000. The website’s traffic jumped to its peak. Everyone signed up and gave their answers. This became a piece of national news and was covered by almost all the media channels. When the balloon burst, everyone looted many candies. Now, this not only made people know about the company and the product but also made people enjoy this contest and have fun. It also increased the website’s traffic.

    2. You’ll Need It

    Not a long time ago, when Apple launched its “old” but new iPhone, Huawei played the game. Huawei gave all the “poor” people in the queue waiting to buy iPhone XS, a power bank, and juice. They offered 10,000 mAh power banks to every person who was there to buy an iPhone. The box of power banks came with a message “Here’s a power bank. You’ll need it. Courtesy of Huawei”. Huawei then tweeted about it and wrote: “see you in London.” In London, Huawei was ready to serve juice to people at the Apple store with the tagline “brain-boosting drinks (with no traces of apple) to recharge minds.” This was a fantastic campaign that made fun of Apple and informed people about the upcoming Huawei flagship device, Mate 20. People might have bought iPhone XS even then, but Huawei was successful in grabbing the world’s attention.

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    3. Smash Your Past

    You might remember it, in 2014, when the first phone of a company, whose name was enough to create a buzz, ll, started a campaign called “Smash your past.” According to the campaign, people have to smash their old phones and make a video. The company will give them a new OnePlus One phone for just $1 that was a flagship phone and can beat phones like the iPhone or Samsung’s S series. They published a list of phones which were eligible for this campaign. This strategy spread all across the globe. And surprisingly, many people smashed their old phones. This gave this company a boost in the market, and now there are several OnePlus phones available in the market, and it is considered one of the premium brand phones.

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    4. The Drinkable Poster

    Who would have never tried or drunk Coca-Cola? Hardly anyone. Coca-cola is a fantastic soda company, but it also does the most creative marketing campaigns. Some time ago, Coca-Cola partnered with the Shazam app and created digital posters in some cities. People have to open the Shazam app, and it will connect to that screen or digital billboard, which is showing a bottle of Coca-Cola. When people make the sound of sipping on their phones, Coca-Cola will start reducing in the screen, making you feel like you are drinking it. It may be childish, but it was creative. And once you do that, you would get an urge to drink Coca-Cola. So, this not only attracted some local media but also increased sales in that particular area. Also, the Shazam app got a pretty good number of downloads.‌‌

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    5. Pizza Delivery To Space

    It doesn’t matter if you are at your home or in space, an essential thing to live for is Pizza. And when we hear the term “pizza,” the first company that comes to our mind is Pizza Hut. In 2001, Pizza Hut delivered a pizza to the International Space Station. They not only spent over a million dollars on this campaign but also did in-depth research on it. In space, the taste buds become dull, which makes any food boring. But there is no word like “boring pizza” in Pizza Hut’s dictionary. They made their Pizza in such a way that the astronauts would love it. This was a publicity stunt led by Pizza Hut to grab attention. It made them the first pizza company to deliver its Pizza to space. The next time you want to order a pizza, you can trust them for providing it on time.

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    Conclusion

    Marketing campaigns are essential for a business’s growth. And they have become so popular these days that most brands depend on their marketing strategies to sell well and earn well. It has become much easier to make marketing campaigns popular with the help of social media. However, if you want to start a campaign, then make sure it is creative enough to appeal to people. Don’t make a drive worth sharing. It will ultimately lead to wastage of efforts, money, and resources or might also result in a lack of existing customers’ interest. The more image, native and attractive your campaign is going to be, the more are people might like it. Nothing can be better if your campaign would be relatable to people’s needs and problems. They will feel more connected. For example, At the time of College admissions, Pepsi put up big billboards having the slogan, “Cut-off is temporary, Swag is permanent,” making the students feel engaged and reinstating the brand’s proposition of “Har Ghoont Mein Swag.”

    FAQ’s

    What is a marketing strategy?

    Marketing strategy is a long-term, forward-looking approach and an overall game plan of any organization or any business with the fundamental goal of achieving a sustainable competitive advantage by understanding the needs and wants of customers. A marketing strategy is a broad strategy that encompasses everything from how a business positions itself, to the creative, the strategic partners, the media relations, and the channels and tactics.

    What are the four basic marketing strategies?

    The four Ps of marketing: product, price, place, and promotion.

    What are key marketing strategies?

    Key elements of a successful marketing strategy

    • Segmentation. Your existing and potential customers fall into particular groups or segments, characterized by their ‘needs’.
    • Targeting and positioning. You should aim to sell to the market segments that will be most profitable for your business.
    • Promotional tactics.
    • Monitoring and evaluation.
    • Marketing plan.

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    What are the marketing strategies to increase sales?

    Strategies to Increase Sales and Revenue

    • People Buy Benefits.
    • Clearly Define Your Customer.
    • Identify the Problem Clearly.
    • Develop Your Competitive Advantage.
    • Use Content and Social Media Marketing to Your Advantage.
    • Sometimes, You Will Have to Cold Call.

    How do you attract customers?

    Excellent Ways to Get New Customers

    • Identify Your Ideal Client.
    • Discover Where Your Customer Lives.
    • Know Your Business Inside and Out.
    • Position Yourself as the Answer.
    • Try Direct Response Marketing.
    • Build Partnerships.
    • Follow Up.

  • How Did Revolut Turn 70 Employees Into Millionaires? [Case Study]

    Revolut is a UK-based Fintech company that provides banking services to its client. The company was founded in 2015 by Nikolay Storonsky and Vlad Yatsenko. The services they provide include currency exchange, credit card, and debit cards. With time the evaluation of this company has grown manifold. It has benefitted its shareholders immensely. But not only that it has managed to make 70 of its employee into a millionaire. So, let’s look at how Revolut turned 70 employees into millionaires.

    About Revolut
    How Did Revolut Help 70 Employees Turn Into Millionaires?
    The Revolut Share Sale Controversy
    FAQs

    About Revolut

    Revolut Founders
    Revolut Founders

    Revolut is a fintech company based in London, founded by two Russian entrepreneurs Nikolay Storonsky and Vlad Yatsenko. This company provides various banking financial services to its customers. The prominent services they provide are debit cards, credit cards, and virtual cards. They have also started providing services in free stock trading, crypto, etc.

    Recently it has started expanding in Japan in the year 2020. In the same year, they increased their employees from 1500 to 5000. It is now one of the most valuable companies in Britain. Today it is the fastest-growing fintech startup.

    How Did Revolut Help 70 Employees Turn Into Millionaires?

    Revolut has been giving services of credit cards, debit cards, and many other banking services. With time, it has grown more and more. It also provides quality services.

    Being a fintech company with smart products, it has successfully acquired the whole market. In due course of time, they have provided profit to their shareholders and also provided ESOP to their employees.

    Implemented Shrewd Business Model

    They grew quickly within a single year. As many as 10,000 users registered with them. Till now because of their shrewd business method they have made 70 of their employees into millionaires. In the initial days, the company had given its employees a good percentage of ESOP. This was done to encourage them to work harder and they too would become rich with the company.

    Issued ESOP To Its Employees

    With time, the company grew and it not only paid its actual shareholders but also made its employees rich as well. A lot of new employees also joined and have also opted for ESOP. This is why there might be more employees who turn out to be millionaires.

    But all these things are on paper only. It is not so easy to sell these shares. Revolut is not yet listed on any stock exchange. This is why it is not so easy to monetize them.

    At present, the company is allowing its employees to only take out parts of their shares. In reality, the employees have to sell their shares at a discounted price. But even in this case, it is making them rich.

    The Revolut Share Sale Controversy

    Revolut has issued shares to its employees when they joined the company. Now when the company has grown, the company has allowed their employees to sell some amount of their shares.

    To be specific, they have allowed their employees to sell 20% of their shares and allowed their former employees to dilute 10% of their shares. But it is not as simple as it looks. To monetize their shares, they need the help of a special agent.

    They also have to sell their shares at a discounted price than the original one. If they want to take the help of an agent, then fees will also be charged from them. This is why they have to pay extra money to sell their shares. This is causing a lot of discontentment among its employees. Many of the employees complained that the shares were not getting sold. Others complained about the discounted price.

    But in reality, these things are completely justifiable. First of all, it is a big luxury for people to sell shares of a new company. This is why it is completely fine to do it this way. Though they have to sell their shares at a discounted price the amount of money they’ll receive is huge.

    In the year, 2020 when the company was facing some slowdown due to the pandemic, they fired many employees. It was said that Revolut forced their employees to either resign on their own or they would fire them.

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    Conclusion

    This was the case study on how Revolut helped 70 employees turn into millionaires. If you are an entrepreneur, you can implement these learnings in your startups as well. Hope these learnings will help you grow your startup to new heights.

    FAQs

    What is Revolut?

    Revolut is a fintech company that provides various banking financial services to its customers. The prominent services they provide are debit cards, credit cards, and virtual cards. They have also started providing services in free stock trading, crypto, etc.

    How many employees does Revolut have?

    Revolut currently has a workforce of over 3000 employees.

    How Did Revolut Turn 70 Employees Into Millionaires?

    Revolut made over 70 employees into millionaires by implementing a shrewd business model in the organization. They also had an entrepreneurial culture that made their employees strive to be millionaires and work hard. They also gave their employees ESOP that they turned into millionaires.

  • Top 8 Best HubSpot Alternatives You’re Missing Out in 2021

    Hubspot is a very well-known name amongst marketing and sales professionals. On this site, you can find several resources for inbound marketing. Also here you can find a CRM that is Customer Relationship Management which is very useful. When somebody is looking for a HubSpot alternative, they are looking for a better CRM. In this article, we will look at various CRM which have similar and better features than Hubspot.

    List of Best HubSpot Alternatives –

    Ontraport
    Drip
    GetResponse
    Freshworks
    Keap
    Sendinblue
    Wishpond
    Engage Bay
    FAQs

    Ontraport

    Ontraport Homepage
    Ontraport Homepage

    This is a CRM that has many features that can help you in your business. Things like landing page creation and email funnelling are available here.

    Ontraport CRM offers you a lot of lead reorganization features that will help you in lead management. You can group your leads according to job title, demographics, and contact data. This becomes very useful and accessible.

    Ontraport Pricing –

    The basic plan of Ontraport CRM is $79 per month and there is a 2-week free trial. Advanced plans are available for $147 and $297.  

    Ontraport is Suitable for –

    This CRM is suitable for e-commerce marketers and business owners.

    Drip

    Drip Homepage
    Drip Homepage

    Drip is a well-known CRM for e-commerce business owners. This CRM has various automation capabilities which can be useful for e-commerce businesses.

    In Drip, you can understand how your leads are converting to customers. This helps you improve your marketing strategies. It pulls out data that helps you to understand the buying behaviour of the person better and then target them effectively.




    Click Here to Start your Drip Trial Now


    Drip Pricing-

    The basic plan starts from $19 per month and goes upto $1599.

    Drip is Suitable for –

    This CRM is best for e-commerce business owners.

    GetResponse

    GetResponse Homepage
    GetResponse Homepage

    It is an email marketing tool and has features that can help you make your email marketing more efficient. In this tool, you can also make landing pages and do high-level market automation. This tool is great for people who use webinars to get their leads or sell any product.

    GetResponse pulls out a lot of data that can help you understand the behaviour of the customer and even the conversion rate. It will help you segment your customer base better.




    Grow your business with GetResponse Now


    GetResponse Pricing-

    The basic plan is for $12.3 per month and goes upto $81.8 per month.

    GetResponse is Suitable for –

    E-commerce business owners who use webinars frequently.

    Freshworks

    Freshworks Homepage
    Freshworks Homepage

    Freshworks is a unique CRM that provides the option for live chat. In this CRM you can do marketing and sales separately. You can also choose different clouds for both of them.

    The user interface of Freshworks is very simple and you can do many things with a few easy steps. In this, you also get a free CRM which has all the standard features which are needed to run any digital business.

    You can separate hot and warm leads to make your business perform more efficiently.




    Click Here to Sign up on Freshworks Now


    Freshworks Pricing-

    The pricing starts from ₹999 and goes upto ₹4,999.

    Freshworks is Suitable for –

    Small business owners who want to sell their digital products or acquire quality leads.

    Keap

    Keap Homepage
    Keap Homepage

    Keap or previously known as Infusionsoft is another good CRM which you can use to grow your business. One unique thing about this CRM is that it enables leads to schedule meetings directly in your calendar.

    Several features increase your functions of email marketing. This enables speedy marketing and sales to your client.




    Get started with Keap Now


    Keap Pricing-

    Keap’s cheapest plan is $40 per month and goes upto $100 per month. It also provides regular discounts on its services.

    Keap is Suitable for –

    People who are looking for a CRM that has good lead management capabilities.

    Sendinblue

    Sendinblue Homepage
    Sendinblue Homepage

    This is a unique marketing and sales software that is very similar to Hubspot. It is more than 10 years old and has a lot of features packed in it.

    Sendinblue helps you in managing Landing Pages, Facebook Marketing, Email Marketing Automation, and SMS Marketing. There are inbuilt customizable templates and an editor to make the task convenient and easy.




    Try Sendinblue now


    Sendinblue Pricing-

    It has a free plan. The lowest-paid price plan is $25 per month. There are higher plans of $65 and $125 in which you get more features.

    Sendinblue is Suitable for –

    This is for those business owners whose budget is low but who want a standard CRM.

    Wishpond

    Wishpond Homepage
    Wishpond Homepage

    This CRM helps you in sales and marketing. It provides all the things necessary to do them efficiently.

    Wishpond CRM was specially made to monitor the performance of a campaign. It has a lot of features like pop-up customization etc. You can customize them according to the time duration, scroll, and exit. Apart from that, you can also add some animation to your pop-ups.

    You can choose from several email templates and make them look professional within a few edits.

    Apart from that, you can also analyze your customer based on their demographics. Also, you can input potential leads into your CRM manually.

    Wishpond Pricing –

    The cost of this CRM is $49 per month. There are also higher plans for $99 and $199 that provide more features.

    Wishpond is Suitable for –

    Business owners looking for faster lead generation.

    EngageBay

    Engage Bay Homepage
    Engage Bay Homepage

    This CRM offers almost everything you need for marketing and sales. It is a good alternative to Hubspot. With its marketing automation tool, you can do a lot of functions like personalization, sequencing which is helpful in email marketing. You can also optimize your marketing with the help of engagement statistics.

    EngageBay Pricing-

    This CRM has a free version and paid versions too. The lowest-paid version is $11.99 per month. The advanced versions are $29.99 per month and $63.99 per month.

    EngageBay is Suitable for –

    Business owners who want a good CRM with all the standard automation features at a cheaper price.

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    Conclusion

    These are some of the best alternatives to Hubspot. Each one of them has unique features. A lot of CRM’s are designed for the e-commerce market. Many are designed for lead management and for getting unique data to understand customer behaviour. So you can choose your own CRM as per your requirement.

    FAQs

    Who founded HubSpot?

    HubSpot was founded by Brian Halligan and Dharmesh Shah in 2006.

    What are the best alternatives to HubSpot?

    The best alternatives to HubSpot are Ontraport, Drip, GetResponse, Freshworks, Keap, Sendinblue, Wishpond, and Engage Bay. These are some of the best and most effective alternatives to HubSpot.

    Where does HubSpot get company information?

    HubSpot Insights is a database of company information that HubSpot gathers by combining third-party data, web crawling, and crowdsourcing to ensure the data can be as accurate as possible. It is updated in real-time as we get new information.

  • Sales Contest Ideas to Stimulate your Team and Increase your Sales Simultaneously

    Sales are the most important aspect of a business. They serve as the primary or sometimes even a sole revenue generator for businesses. Carrying such a significance, it becomes essential to take care of the process of sales and the people involved in it. The enthusiasm and the rapport of your team members play a crucial role in the success of your business. They needed to be motivated continuously.

    Sales Contest activities prove to be a simple and great way to keep your team stirred up. Every person needs some reason or goal to move forward both in business and life. Developing a competitive environment through a sales contest can address that need and fuel the team towards achieving their business goals. Here are some of the best sales contest ideas that can help you maintain the team’s morale and boost your sales.

    10 Sales Contest Ideas to Motivate your Team

    Conclusion
    FAQs

    About Sales Contest ideas and Prizes

    10 Sales Contest Ideas to Motivate your Team

    Raffle Tickets

    Whenever the salesperson or the team completes the task, a raffle ticket is offered to them. This process continues until a definite period say, a month or a quarter. At the end of a particular stint of time, whichever person holds the most number of raffle tickets will be awarded a worthy prize. This ensures the top salesperson is awarded and other raffle ticket holders to get recognized and encouraged for their efforts.

    Time Rewards

    Time rewards are one of the simplest and most effective forms of rewarding. In this, you can reward your team members for their accomplishments in terms of time, like offering a week-off or an early weekend, or a paid leave. This can also be made more attractive by allowing the salesperson to accumulate and use those benefits at the end of a sales cycle. This helps them to relax and boost up for the next cycle.

    Customer Reviews

    Customer Reviews is a great motivating factor for a salesperson
    Customer Reviews is a great motivating factor for a salesperson

    Customer Reviews are certainly a great motivating factor for a salesperson. The team member getting more positive reviews can be rewarded. You can address the negative reviews for team members to enhance and improve their performances. For this purpose, a survey or rating can be obtained from customers during sales. A recognition for more positive reviews not only motivates the concerned sales rep but also pushes others to attain that position.

    Floating Awards

    Floating awards can be in the form of a Trophy or a Momento. It is an idea where the award is given to a person or a team acknowledging their performance. The trophy will be displayed on the best performing team’s/member’s desk or room, as long as they top the sales table. When they slip down, the trophy will float to the new team or sales rep’s desk who then makes the highest sale. Creating prestigious fame to the award encourages the team to attain and retain it for a prolonged time.

    Bracket Contest

    Bracket Contest to increase sales
    Bracket Contest to increase sales

    A bracket contest allows you to create a competitive environment between the team members. You can initiate a bracket with two team members and make them compete with each other. The person making the highest sale can be moved to the next bracket. This process can be continued until determining a winner. Such an ambitious environment stimulates the team to function more effectively.

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    Sales Pitch Contest

    Sales Pitch is an integral part of the sales job. Each person from the team has their ideas and unique ways of presenting sales pitches. You can encourage the team by making them present their sales pitch before everyone. This comes with two benefits. One, every member of the team can learn something from each other’s pitching. Two, the most indulging sales pitch can be rewarded before the team which might inspire others to work more.

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    Favor Contest

    This can be quite an interesting contest. If a sales rep from the team performs well, offer a ‘favor’ for them. An “I owe you” or “Ask me a favor” from a superior will make the team excited. This may even result in creating a competition among themselves to perform well. You can make a list of interesting options to be asked as a favor. Exciting the team with such contests will have a huge positive impact on their performance.

    Scavenger Hunt

    With time, the expertise of a salesperson grows in terms of selling particular products. This can be used to create a contest. Prepare a list of challenging items to be sold or tasks to be completed and make it a contest. Reward the team that completes the tasks first. This encourages the sales reps to accomplish the task by teaming up with other members and utilizing each other’s expert knowledge. Such Scavenger Hunt contests boost up their morale, increase team collaboration and hence increase your sales.

    Appreciation

    A sincere appreciation can invigorate the sales team’s performance to a great height. Appreciation is a simple act that can dig out the potential of the team members. Let your appreciation be unbiased and never let a member of the team go unnoticed. You can organize an appreciation meeting every week or month to recognize and reward the best-performing member. The team morale can also be raised by making the entire team bring some gifts or cards to appreciate the chosen member. It is important to make the entire team feel important.

    Bingo Contest

    Bingo has always been a good game. You can make it a part of sales contest programs. Create bingo boards with squares representing different sales, products, tasks, etc., for the team. They can make changes to the board after the completion of every task. The person who reaches the bingo first can be rewarded with some gifts. Mixing a game with the work can always maintain enthusiasm among the team members and stimulate them to perform well.

    Conclusion

    These are some of the best ideas available to keep your team intact. Ensure that no particular person is gaining an upper hand during this process. With proper implementation of these ideas and activities, you can improve your team’s potential and keep them stimulated in track for the marketing race.

    FAQs

    What are some good sales contest ideas to keep you sales team motivated?

    Some of the best sales contest ideas to keep your Sales Team motivated are:

    • Raffle Tickets
    • Time Rewards
    • Customer Reviews
    • Floating Awards
    • Bracket Contest
    • Sales Pitch Contest
    • Favor Contest
    • Scavenger Hunt
    • Appreciation
    • Bingo Contest

    What are some good sales incentives?

    Some of the Sales Incentives to be given to winners of Sales contest are:

    • Gift Cards
    • Food Delivery Credit
    • Subscription to a Streaming Service
    • Tech Gadgets
    • Subscription Boxes

  • The Economic Times BPO Summit 2.0 – A discussion to connect and shape the future

    Lending an ear to your customers, listening to their queries, delivering prompt responses, and developing personalized solutions can help you stand out and gain loyalty.

    The past year has been a year of learning, considering options, and triumphing over all of the pandemic’s obstacles. Technology has been at the forefront of assisting all sectors and organisations in revamping their operations and adjusting to the new normal.

    The pandemic laid several drawbacks for the contact centers, such as increasing call volumes, lengthy hold times, and growing security concerns, however, it also offered them a chance to modernise and experiment with work-from-home opportunities.

    While enabling companies technically and manually, BPOs have undergone a vigorous transformation themselves in the past couple of months. Each day is a new learning experience for this industry, as it introduces a new way of functioning and working effectively to keep operations of businesses running smoothly.

    While providing solutions and assistance to other companies, the BPO sector itself has been dealing with security issues, getting accustomed to working in a remote and hybrid environment and aiding business continuity. With the introduction of RPA, AI, chatbots, and email bots, the services rendered by them have to go a notch higher, to meet the ever-increasing expectations of their customers.

    About the Summit

    The Economic Times BPO Summit 2.0 themed “Towards sustainable transformation and technology of BPOs”, is trying to gather the entire BPO industry value chain for indispensable discussion to connect and shape the future.

    Key Takeaways:

    • BPO industry revitalization through technology
    • New strategies and tech trends for business continuity
    • Overcoming the challenges
    • The next wave of automation – scaling with high value processes
    • Role of RPA, AI
    • Remote working solutions
    • Artificial intelligence to provide better customer experience
    • Reskilling the workforce
    • Safety & working – Workforce
    • Employee Engagement using gamification
    • Balancing between automation and human intervention
    • Providing top-notch customer experience
    • Data security

    Key Highlights:

    • Access to Senior professionals from the leading /upcoming companies
    • Tap primary market with decision-makers at the fore
    • Present newer technologies to the end-user
    • Dive into bigger customer pool with onsite product pitch & proposal sharing
    • Understand the current requirements of potential customers

  • Dropispy: How to use Adspy to find winning Dropshipping products?

    Online businesses, in this case, Dropshipping, are becoming more and more profitable these days. And many people enjoy it enormously! You know this reality well!

    But you are wondering how you too can find the best products to get your Dropshipping business off the ground. Better yet, you need to know how to find the best products to be successful in Dropshipping.

    Yep, it’s not magic! Everyone who is successful at Dropshipping has a secret you might not know. This is the reality! Their business is successful because of the use of new means or tools to spy on social media ads: the secret is to use an effective Adspy tool.

    In this article, you will discover a guide that will explain the different functionalities of an example of Adspy tool chosen for this purpose. This is Dropispy in its operation with its Adspy and Shops Spy tools.

    What can we understand by an Adspy tool?

    An Adspy tool is software that allows e-merchants and Dropshippers to spy on ads on social networks. It aims to find trendy winning products likely to bring you added value to your Dropshipping business.

    In addition, Dropispy’s Shops Spy tool even spies on your competitor’s shops, letting you know their different current strategies, which you can adapt to your marketing plan. With this method, you are sure to be one step ahead of your competition.

    This is what Dropispy does which, for example, drives growth and overwhelming business success to anyone who adopts it in their marketing strategies. Dropispy is one of the best Adspy tools in terms of functionality and value for money. Truth be told, AdSpy has nothing to envy.

    What you will definitely love about Dropispy is that it delivers the trending winner products that are popular in the market to you as soon as possible.

    In addition, it is easy to use, with a simple and intuitive interface. Its content is similar to that of AdSpy.

    How to find winning Dropshipping products with Dropispy?

    To be successful in Dropshipping, you need to do your research to get real, accurate results. Know that it is access to real information that is the crux of the business in Dropshipping.

    This is why the first criterion, and which is moreover the most important of the criteria of the Dropispy tool to be able to find winning products, is how the filters work.

    Indeed, search filters allow you to refine your search results. Thanks to these filters, you have the possibility to collect exact information which corresponds to your search criteria. So how does it work?

    First, you will need to configure the filters. With that, you click on “Filter” in the upper left corner. Then you will see the list of filters for the tool displayed. See how the filters look in the Dropispy app in the following image.

    Well, to configure your search, you choose precisely the filters that meet your search criteria, then you launch your search. See for example this:

    Apart from these filters in the Dropispy tool, there are other more relevant ones that you can use to find trending winner ads. They are :

    • The “Text search” filter reserved for entering any query appropriate to your niche or type of product you are looking for.
    • The “Creation date” filter gives you the ability to contextualize the ads. When we take, for example, the case where you are looking for products that performed better last year on Valentine’s Day and the like, this filter here is ideal to give you a best result.
    • The “by platform” filter allows you to select only ads that link to specific CMS. This is a filter that is used to find ads dedicated to e-commerce. By applying it, you have more chances to collect Dropshipping ads. It is most suitable for Dropshippers who are on sites such as Shopify, Magento, WooCommerce.
    • Sort the winning trending ads. After you have checked the filters in the Dropispy software, a multitude of Facebook ads are then available to you. What matters to you here is collecting the best ads around.

    To do this, you will ensure that the best winning ads appear in the first position thanks to the sorting system of the Dropispy tool. On this point, it will be a question of selecting “Likes” and “Desc” located in the upper right corner.

    This method allows you to sort the ads in order to make Dropispy put in the foreground the ads which have received more “Likes” if you opt for a sort by a number of “Likes”, of course! Consider the following image which is a demonstration of this:

    In addition, you have the option of showing the ads from the oldest to the most recent. Understand that “Asc” means “in ascending order” and “Desc” means “in descending order”, and vice versa.

    Here is what we think about Dropispy

    Dropispy tool is first and foremost an easy and simple to use tool with an intuitive interface. Which gives it a large number of fans around the world. It’s the perfect tool nowadays you can use to boost your online business activities.

    In addition, having many features, this tool has the ability to compete with any Adspy tool, however giant it may be! Our analysis revealed that Dropispy is among the best Adspy tools, in that it favors the world of Dropshipping much more. Several reasons justify this; its lower price margin is a palpable example.

    Also, like many Adspy tools, you’ll love Dropispy because it’s completely fun and easy to use. Have you ever used it? What an opportunity for a winning Dropshipping! By using it, you will have no regrets.

    Conclusion

    The power of Dropispy lies in the diversity and efficiency of its filters on the one hand, and then in its Shops Spy tool which is able to spy on the best shops of competitors on the other hand.

    Dropispy is therefore a complete Adspy tool of reference when it comes to researching better products or winning ads.

    Better still, it is an effective Adspy tool that allows you to do competitive analysis in order to find the best Dropshipping products.

    This article has instructed you on how to use Dropispy’s Adspy tool to find the best products online. No more doubting that you will try it now in your online business to reap its wonderful benefits.

    This tool is an opportunity that any Dropshipper or e-merchant should seize to considerably boost their electronic activities.

    Now that you have the information on Dropispy, we will be honored to assist you in your decision to make further progress in Dropshipping!