As any salesperson deals with an ample amount of negativity, one knows that motivation is something that comes and goes. There comes a point- where one gets very focused, and other days, donât even feel like talking to anyone or even touching the phone.
Weâve brought you a list of motivational sales quotes we put together to get you up and running with so much fresh energy and motivation that improves your sales techniques and are something to live by if youâre trying to master the sales funnel.
Top 10 Motivational Quotes to Help You Boost Sales
Here are the Top 10 Motivational and Inspirational Quotes that will help you to boost your sales.
#1. âDonât find customers for your products, find products for your customers.â -Seth Godin
Here, what Seth Godin means by this is, always keep customersâ needs first. Try to have a look at what the customer needs and how is the product going to help the customer, not the way that the customer needs our product. Products assist in doing things better for the customers. Remember, customers can go without buying your products, but you canât keep going without customers. Successful organizations acknowledge that their first priority is customers.
#2. âSales are contingent upon the attitude of the salesman, not the attitude of the prospectâ -William Clement Stone
When a salesperson tries to make sales, whatever be the attitude of the customer, one should always try to keep open the communication channels, build trust, and try to find the needs and what motivates the customer to want the product that you are offering. Customers feel comfortable when the salesman is a mirror-image of what the prospect customer feels and beliefs.
#3. âHow you sell matters. What the process is matters. But how your customers feel when they engage with you matters more.â -Tiffani Bova
Tiffany Bova wants to say that, no doubt your selling technique and process of sales is important but whatâs more important is how the customers feel when they are talking to you. One needs to make the customers feel that they can trust you and the product youâre trying to sell. They want to feel as if theyâre talking to someone whoâs empathetic and will be available for them in their times of need related to the particular product.
#4. âIt is not your customerâs job to remember you. It is your obligation and responsibility to make sure they donât have the chance to forget you.â -Patricia Fripp
Fripp says a salesperson should leave such an impact that the customer never forgets you or the product. Always care and nurture the customers you have, donât always look for new ones. Never take them for granted. The actual sales are after the sale, reselling the customers, and retaining their business is whatâs really important.
#5. âSales is an outcome, not a goal. Itâs a function of doing numerous things right, starting from the moment you target a potential prospect until you finalize the deal.â -Jill Konrath
If you ask a salesperson whatâs their primary goal, youâd get answers like; make more sales, grab more revenue. Here, the eyes on the prize mentality need to be appreciated but sales guys need to know that sales are just a mere outcome, they are results. Results of doing numerous things such as targeting a potential client, engaging with the client, and if oneâs success in making the sale, reselling and retaining the customer for a long haul.
#6. âDo not focus on numbers. Focus on doing what you do best.â -Cassey ho
One should entirely not focus on numbers. Sure, the numbers of sales, customers, social reach of the product is important but focusing on customersâ trust and satisfaction, and loyalty cannot be captured in numbers. It is of much bigger value and results in ultimate growth.
#7. âYou need to be able to paint a picture in a conversation. The lost part of sales is the storytelling side.â -Richard Harris
A Salesperson should be able to present such an image of the product in engaging to the customers that he/she is mesmerized and canât refuse. This is the most important part where the customers feel like the particular product needs to be present in their everyday lives and theyâre going to benefit from it.
#8. âApproach each customer with the idea of helping him or her solve a problem or achieve a goal, not of selling a product or service.â -Brian Tracy
Nobody likes a person who comes to him/her with the same idea or without any good reason, especially when thereâs no benefit for them from that deal or engagement. Approaching with an idea or the product thatâll help them and give them something in return for their time and trust, then itâs a win-win situation.
#9. âWhen reps take the role of a curious student rather than an informed expert, buyers are more inclined to engage.â -Jeff Hoffman
A Salesperson should be attentive and wise to use the allotted time by the client. One should start with what he/she has to offer and be curious like a student to listen and know what the client wants. When the reps act like informed experts, thereâs no room for the client to contribute, and this tunes out the buyer. Hence, no engagement. No engagement means no sale.
#10. âDonât celebrate closing a sale, celebrate opening a relationship.â -Patricia Fripp
In sales, perception matters. After you make a sale, donât see it as a victory of selling something or generating revenue instead try to look at it in a way that youâre forming a new, happy and trust worthy relationship with the customer and celebrate it as a victory of acquiring a loyal customer and in future, try retaining their business. Thatâs the right way to look at it.
Sales are something that should be done with Inspiring and positive thought-provoking ideas. No matter youâre just a sales rep or a sales manager, thereâs always room for improvement and these motivational sales quotes will motivate you like nothing else. If you’re looking for some additional inspiration, be sure to check out list of must-watch web series for entrepreneurs.
FAQs
Why is sales motivation important?
A motivated sales person is more likely to perform for a long period of time. They have to keep approaching new customers so that they can achieve sales targets. Because of this unsure and hectic life of sales, where performance is completely measurable against results, your sales staff requires sales motivation from time to time.
What are some good sales quotes?
Donât find customers for your products, find products for your customers, Do not focus on numbers, Focus on doing what you do best and Donât celebrate closing a sale, celebrate opening a relationship are some of the examples of sales quotes.
What makes a good salesperson?
Ability to identify and react accurately to the behaviour and emotions of customers, Identify other people’s feelings/frustrations objectively without necessarily agreeing with them, Ability establish rapport easily and put people âat easeâ in their presence, and Good listening skills makes a good salesperson.
What is a famous quote about salesmen?
“ABC – Always Be Closing” – from the movie Glengarry Glen Ross
What is motivation for making sales?
Motivation for making sales can be financial gain, job satisfaction, personal growth, competition, recognition, or the desire to provide value to customers.
Entrepreneurship is a journey riddled with numerous challenges, but none more pressing than the constant need for business development. Running a business is a demanding, ongoing process that requires various tools and initiatives to grow and succeed. The workload is tremendous and it’s impossible to do everything on your own. So, what’s the solution? Turn to technology to ease the burden.
Thankfully, tech experts have designed numerous business development tools and applications to assist entrepreneurs in their journey. These apps are designed to boost your business and take care of important features, providing you with some much-needed relief. However, with so many options available, selecting the best app for your business can be a daunting task.
To ease the process for young entrepreneurs, we’ve created a list of must-have apps and tools for business development. These powerful tools can help take your business to the next level, making your life as an entrepreneur much more manageable. So, without further ado, let’s take a look at these apps and get started on boosting your business.
Lead Activation, Conversion Optimization, Email Productivity, Lead Tracking
RocketBolt – Best business development software
RocketBolt is the trendy app to manage all your emails and make them easy to read. The only email tracking plugin, which is actually fun to use. RocketBolt can be easily added to any website in less than 5 minutes, and quickly drive more sales and more social media engagement without any additional management or maintenance. Great UX/UI, neat features, super easy to use. Eminent tools for business development.
Online meeting, screen-sharing, collaboration, HD video conferencing
GoTo – Best business development tool
GoTo is a prominent provider of flexible-work software, offering a suite of tools designed to facilitate communication and collaboration with customers and colleagues. The GoTo mobile app is a secure and fully integrated solution that includes phone, messaging, meeting, training, and webinar features, enabling users to work anytime, anywhere.
In addition, GoTo’s software also provides multi-channel inbox communication capabilities, allowing users to manage all their communications through a single platform. With support for SMS, webchat, and social media channels, businesses can effectively meet the increasing expectations of their customers.
GoTo is dedicated to empowering businesses and professionals to connect and collaborate seamlessly. With its comprehensive suite of flexible-work software, GoTo is an indispensable business development tool for anyone looking to maximize their productivity and efficiency.
Twitter serves the public conversation. Twitter is a ‘microblogging‘ system that allows you to send and receive short posts called tweets. Twitter allows helping the world connect, debate, learn and solve problems is what draws us to careers at Twitter, and itâs what keeps us here.
Twitter can aid in business development by helping businesses build brand awareness, connect with customers, expand reach, and promote their products or services. It provides a platform for businesses to engage with their audience, establish themselves as industry leaders, and increase their visibility to a wider audience.
Online Professional Network, Jobs, People Search, Company Search, Address Book, Advertising, Professional Identity, Group Collaboration
LinkedIn – professional networking site
LinkedIn is a social networking platform designed specifically for professionals and businesses. It allows individuals and organizations to create profiles, connect with other professionals, and engage in business-related conversations and networking. LinkedIn connects the world’s professionals to make them more productive and successful. LinkedIn is the world’s largest professional network.
LinkedIn can aid in business development by providing a platform for professionals and businesses to connect, network, and engage in business-related conversations. It can help businesses with recruiting, building brand awareness, expanding their network, and sales and marketing. LinkedIn is a valuable tool for businesses looking to grow and establish themselves as industry leaders.
Pricing:
LinkedIn’s basic version is available for Free. However, different pricing plans are offered for job seekers, recruiters, and sales professionals.
Slack is the place where people can effectively work together, find important information, and access hundreds of thousands of critical applications and services to do their best work. This app is best for you if your team works remotely and you want to constantly stay in touch with them. This is a very easy and simple communication app to contact your whole team together remotely.
Slack is a team collaboration platform that can aid in business development through its centralized communication and collaboration features. It allows for quick and efficient communication and facilitates collaboration through file sharing and project management tools. Additionally, Slack can integrate with other business tools, further streamlining workflows and enhancing productivity.
Visual collaboration tool for shared project perspectives
Trello for business development
Trello is a project task management tool that gives you a visual overview of what is being worked on and who is working on it. This creates a system that allows for individuals or teams to track a project and collaborate or contribute where they can be most useful or where it is most needed.
It allows teams to collaborate, delegate tasks, and track progress, making it easier to stay on top of project timelines and goals. Trello’s customizable boards and cards can be tailored to fit the specific needs of a business, and it integrates with other business tools, further streamlining workflows and enhancing productivity.
Google Drive is a free cloud-based storage service that enables users to store and access files online. It can aid in business development by providing a centralized location for storing and sharing files. It allows you to share the documents with your whole team together and prevent yourself from the hassle of sending emails separately. The Google drive provides the 15 GB free space to backup your important files. Google drive is the very best cloud storage app.
Prezi is the cloud-based presentation platform that helps you connect more powerfully with your audience. Preziâs open canvas allows you to navigate through topics freely, encouraging interaction and collaboration between you and your viewers. The result is conversational presentations that are more natural, more engaging, and more memorable.
Newsle is a web application that allows users to follow real news about their Facebook friends, LinkedIn contacts, and public figures. The app will keep you one step ahead and provide a short description of the trending news. The app is very simple and saves lots of time, and provide you with the latest information.
LinkedIn Acquired News Alert Startup Newsle
Pricing:
Newsle is Free to use.
SyncUp
Website
Syncup.at
Rating
3.9/5
Headquarters
Austria
Company Founded
2013
Specialties
Secure collaborative space
SyncUp – business development software
SyncUp is a new productivity tool for outbound business professionals that simplifies collaboration with potential and existing clients. SyncUp allows you to invite one or more people by email to join a secure collaborative space which is just one click away. There are no passwords to remember or codes to enter.
Pricing:
Plan
Monthly Price
Free
$0
Business
$29/month/user
Enterprise
$99/month/user
Calendly
Website
Calendly.com
Rating
4.7/5
Headquarters
Remote
Company Founded
2013
Specialties
Meeting scheduling with Prospects
Calendly – business development tool
Calendly is a scheduling software that can be useful for business development. It allows businesses to schedule appointments with potential clients efficiently. Calendly can be used to schedule discovery calls, demos, and meetings with clients. It also integrates with various other tools, such as CRMs and video conferencing platforms, making it easy to manage the entire scheduling process. Additionally, Calendly offers features like reminders and time zone detection to ensure meetings are never missed. Overall, Calendly can help businesses save time and improve their efficiency when it comes to scheduling meetings and connecting with clients.
Google Alerts is a tool that can be used to stay informed about updates related to specific topics of interest. When a user sets up a keyword or search term, Google Alerts will send email notifications whenever it finds new results on the web that match that search term. These results can include web pages, news articles, blog posts, and research studies. By using Google Alerts, users can stay connected with the latest developments and trends related to their areas of interest. This can be particularly useful for business professionals, researchers, or anyone who wants to stay informed about a particular topic.
Boomerang for Gmail is a tool that can be useful for business development. It is a browser extension that integrates with Gmail and allows users to schedule emails to be sent at a later time, set reminders for follow-up emails, and track email opens and responses. With Boomerang, users can ensure that their emails are sent at the most optimal times and can keep track of their interactions with clients or potential clients.
Additionally, Boomerang offers features like email scheduling and follow-up reminders, which can help users stay on top of their email correspondence and improve their overall efficiency. Overall, Boomerang for Gmail can be a valuable tool for business professionals looking to streamline their email communication and improve their business development efforts.
Gong.io is a conversation analytics platform designed for sales teams. The platform uses artificial intelligence and machine learning to analyze sales conversations and provides insights to help sales teams improve their performance. Gong.io can record and transcribe sales calls, and then analyze the conversations to identify patterns, highlight key moments, and provide feedback on areas that need improvement. The platform can also be used to monitor sales performance in real-time, allowing sales managers to provide coaching and support to their team members.
B2B prospecting tool for sales and marketing teams of any size
LeadGrabber Pro is a lead generation software designed for businesses and sales professionals. The software enables users to quickly and easily capture leads from various sources such as social media, online directories, and websites. LeadGrabber Pro can automatically capture contact details such as names, email addresses, phone numbers, and job titles and transfer them to a database or CRM system.
Rapportive is handy for Gmail users because it shows you extra information about your contacts if you are using Gmail. When you open up your Gmail account, you can click on a contact and that personâs LinkedIn profile will appear on the right.
Pricing:
Rapportive is Free to use.
Adobe Photoshop
Website
www.adobe.com/in/products/photoshop.html
Rating
4.8/5
Headquarters
San Jose, California
Company Founded
1990
Specialties
Image and graphic design and editing
Adobe Photoshop for business development
Adobe Photoshop is a graphics editing software that can be used for business development. Photoshop can be used to create marketing materials such as flyers, brochures, and banners. It can also be used to design graphics for social media platforms such as Facebook, Twitter, and Instagram. Additionally, Photoshop can be used to develop branding assets such as logos, business cards, and other visual identity elements.
Adobe Photoshop can be a valuable tool for businesses looking to improve their visual communication and develop high-quality marketing materials.
Pricing:
Adobe Photoshop offers 7-day free trial, then âš1,675.60/month.
QuickMail is a sales automation software that can be used for business development. It enables users to create and send personalized cold emails to potential clients and track their engagement with those emails. QuickMail can also automate follow-up emails based on the recipient’s response, allowing users to keep their prospects engaged and move them further down the sales funnel.
Sync is a file sharing and storage platform that can be used for business development. It enables users to securely store, share, and collaborate on files and documents with colleagues, clients, and partners. With Sync, users can access their files from anywhere, on any device, and collaborate with others in real-time.
Pipedrive is a customer relationship management (CRM) platform that can be used for business development. It enables users to manage their sales pipeline, track leads, and automate sales processes. With Pipedrive, users can easily visualize their sales funnel, identify bottlenecks, and take action to move leads through the pipeline.
The right business development software can make all the difference when it comes to driving growth and success for your organization. There are a wide variety of software tools available to help you achieve your goals. From sales automation platforms like QuickMail and Boomerang for Gmail to file sharing and storage platforms like Sync, there are plenty of options to choose from. And with CRM platforms like Pipedrive and lead generation tools like LeadGrabber Pro, you can easily manage your sales pipeline and find new opportunities for growth.
Whatever your business development needs may be, there is a software solution out there that can help you achieve your goals. By investing in the right software tools and platforms, you can streamline your workflows, increase efficiency, and ultimately drive greater revenue growth for your business.
FAQs
What is business development software?
Business development software is a set of tools and platforms designed to help businesses improve their sales, marketing, and branding efforts. These software tools can include customer relationship management (CRM) platforms, lead generation tools, sales automation software, and more.
Is business development in high demand?
Yes, business development is in high demand, particularly as companies look for ways to drive revenue growth and expand their market share.
How can business development software help my business?
Business development software can help your business in a number of ways, such as improving your lead generation efforts, streamlining your sales process, enhancing your marketing and branding efforts, and more.
What are some popular business development software tools?
Some popular business development software tools include Pipedrive for CRM, LeadGrabber Pro for lead generation, Boomerang for Gmail for sales automation, Adobe Photoshop for branding and design, and Sync for file sharing and storage. However, there are many other software tools available, and the right choice will depend on your specific business needs.
How can I choose the right business development tool for my business?
To choose the right business development tool for your business, start by identifying your specific needs and goals. Consider factors such as your sales process, marketing and branding efforts, and team collaboration needs. Then, research and compare different software tools and platforms to find the ones that best meet your requirements and budget.
How do you keep track of business development?
You can keep track of business development by using a customer relationship management (CRM) platform to manage your sales pipeline, track leads, and automate sales tasks. You can also use data analytics and reporting tools to measure the success of your business development efforts and make data-driven decisions.
A/B testing, we know for a fact, is not a novel creation. The idea is to run the best A/B tests to improve your website’s conversion rates. Before diving into the top 10 A/B testing tools of 2023, let’s first understand what A/B testing means.
Every marketing professional who wants to expand their conversion rate has to produce leads with each paid landing page ad campaign. To achieve the desired outcomes, businesses need to focus on the language, design, and deals to capture the interest of consumers and persuade them to click on websites. Nowadays, businesses must have a user-friendly webpage or mobile app to stand out and receive massive results. When it comes to A/B testing tools, their purpose is to allow businesses to compare two different versions of a website or mobile app. This way, business owners can determine which one performs better in terms of conversions.
Can business owners benefit from using A/B testing tools to make better decisions? Absolutely! Popular and reliable A/B testing tools offer a range of features, including segmentation capabilities, statistical and reporting analysis, integration options, technical expertise, and more. By using these tools, business owners can gain valuable insights that can help them make better decisions.
There are many A/B testing tools available, and the industry is expected to be worth $1,151 million by 2025. With so many options, it can be overwhelming to choose the right one.
Nevertheless, in this article, we have shortlisted the top ten among many A/B testing tools to help you find the right one.
This testing kit by HubSpot & Kissmetrics is a complete A/B testing kit that provides multiple guidelines for effective A/B testing and templates to guide business owners to track, organize, and improve their tests.
Optimizely is a platform that enables business marketing, product, and engineering teams to carry out digital experiments. Although most of the features listed can apply to any business, Ominconvert was specifically created with E-commerce companies in mind. Some features are available for free, but for a more customized requirement, you will have to contact the Optimizely team.
Unbounce
Website
Unbounce.com
Rating
4.4 out of 5
Price
14 days free trial
Platform
Web
Top 10 A/B Testing Tools – Unbounce
Top Features
Multiple A/B testing
Easy-to-use
Builds landing pages
Among the options on our list, Unbounce stands out for its emphasis on creating landing pages either from scratch or through pre-made templates, as opposed to simply conducting experiments.
VWO
Website
Vwo.com
Rating
4.3 out of 5
Price
14 days free trial
Platform
Web and Mobile
Top 10 A/B Testing Tools – VWO
Top Features
Multiple A/B
Multivariate, and split URL tests
Flicker-free client-side testing
Server-side testing
Visual Website Optimizer or VWO is a product from Wingify. VWO is driven by the Bayesian statistics engine SmartStats. It provides powerful testing funnels that are completely customized at a lower cost.
Crazy Egg
Website
Crazyegg.com
Rating
4.2 out of 5
Price
Starts at $24 per month
Platform
–
Top 10 A/B Testing Tools – Crazy Egg
Top Features
A/B and Split tests for websites
Landing pages
In-depth reporting
Flicker-free client-side testing
Integration with almost any app and tool
With just one line of code, Crazy Egg offers an easy way to test various versions of your website pages. This website optimization tool is particularly ideal for small businesses due to its affordability.
Omniconvert
Website
Omniconvert.com
Rating
4.5 out of 5
Price
30-day Free trial
Platform
Web
Top 10 A/B Testing Tools – Omniconvert
Top Features
Web personalization
Surveys
Advanced segmentation
A/B testing
E-commerce customer analytics platform
Omniconvert is a conversion rate optimization (CRO) software package that includes two other independent modules, such as the E-commerce Customer Analytics Platform, and Customer Survey Platform.
The Google Marketing Platform component Google Optimize is one of the most popular A/B testing tools. It offers various features to optimize websites and cater to specific audience segments for personalized experiences.
Top Features
Flicker-free client-side testing and server-side, A/B testing
Multivariate, and split URL testing
Easy to use with no code visual editor
Integrates well with Firebase, Google Analytics, Google Ads, and AMP
Google has announced that it will be discontinuing Google Optimize in September 2023. This marks the end of one of the most popular A/B testing tools to date.
Adobe Target
Website
Adobe.com/marketing/target.com
Rating
4.0 out of 5
Price
Contact the Adobe team for pricing
Platform
Web and Mobile
Top 10 A/B Testing Tools – Adobe Target
Top Features
A/B and multivariate testing
Client and server-side testing
Flicker-free testing
Guided workflow
Multiple third-party integrations
The Adobe Target is a platform for experimentation and is included in the Adobe Experience Cloud. Adobe Target, along with the entire experience cloud, is specifically created for corporate use, with a focus on providing seamless omnichannel user experiences and testing among millions of users.
Kameleoon
Website
Kameleoon.com
Rating
4.7 out of 5
Price
Contact the Kameleoon team for pricing
Platform
Web and Mobile
Top 10 A/B Testing Tools – Kameleoon
Top Features
Real-time personalization
Unlimited A/B, and multivariate test variations
Flicker-free
Over 30 integrations
With the help of Kameleoon’s A/B testing platform, you can easily create web experiments that provide insights into your audience’s preferences and increase conversion rates.
AB Tasty
Website
Abtasty.com
Rating
4.5 out of 5
Price
Customized pricing plans upon contact
Platform
Web and Mobile
Top 10 A/B Testing Tools – AB Tasty
Top Features
Client-side testing
Low-code visual editors
A/B, split, and multivariate tests
Multi-page testing
AI-powered customization
AB Tasty is a platform for improving the consumer experience. Its software helps to run multiple testing along with offering feature management and segmentation through machine learning algorithms.
Conclusion
If you’re a business owner looking to outdo your competitors, you’ll need effective A/B testing tools to gain insight and track your results. A/B testing is a critical component of developing a successful digital marketing strategy. When selecting a tool for your business, whether it’s small or large in scale, it’s important to choose one that aligns with your business objectives.
FAQs
What is the purpose of A/B testing tools?
A/B testing tools allow businesses to compare two different versions of a website or mobile app. This way, business owners can determine which one performs better in terms of conversions.
Cybercrime has become a prevalent form of criminal activity in recent times. With the onset of the pandemic, there has been a staggering increase in cybercrime, with some estimates suggesting up to a 600% rise. As a result, it is essential to install reliable antivirus software on all your electronic devices to safeguard your data and valuable information.
Antivirus programs worldwide are capable of detecting over 350,000 viruses every day. Given the abundance of viruses, selecting appropriate antivirus software is a challenging yet critical task. In this article, we have compiled a list of the top 5 antivirus software options for you. However, before we delve into the specifics, let us first understand what antivirus software is and how it works.
What is Antivirus Software?
Antivirus software is a program that helps protect your electronic devices, such as computers, smartphones, and tablets, from malicious software, also known as malware. The primary function of antivirus software is to identify and remove viruses, spyware, worms, Trojan horses, and other malicious programs that can damage your device or compromise your personal information.
The technology behind antivirus software is advancing day by day eliminating the use of traditional software. The new technology works on modern data security concepts including industry collaboration, human proficient risk analysis, centralized global scanning, alerting assistance, and cloud integration. Modern antivirus software can:
Block, detect, or remove ransomware, malware, and viruses.
Block fraud and phishing, as well as identity theft.
The dark web can be scanned to check for compromises of email addresses.
Displays warning messages before the links or websites and prevents you from clicking on such scams.
Provides a set of training and instructions on what to do or what not to do while surfing online to protect your data.
Ensures computer programming is smooth and without hanging.
Forecast for the Global Antivirus Software Market
People often remain confused about whether they should buy paid antivirus software or whether free software is enough for data security. But our devices, such as phones, tablets, or smartphones, contain everything, including private pictures and official data. It insists we choose paid antivirus software that offers better security options with modern technologies and remains solely responsible for detecting and protesting viruses.
How Antivirus Software Works?
Antivirus software works by employing a range of techniques to detect, prevent, and remove malicious software from your electronic devices. Here’s how it typically works:
Scanning – Antivirus software scans your device’s files, emails, and internet traffic to detect any malicious code or suspicious activity.
Signature Detection – The software compares the code in files and programs on your device to a database of known virus signatures to identify any known threats. If a match is found, the antivirus software will either remove the virus or quarantine the infected file to prevent it from causing further damage.
Heuristics – Antivirus software can use heuristics, a technique that identifies suspicious patterns of behavior or code that may indicate a new or unknown virus. This helps to detect previously unknown threats that may not be listed in the antivirus software’s signature database.
Real-time Protection – Antivirus software can also provide real-time protection by monitoring your device’s internet traffic, emails, and file downloads. If it detects any suspicious activity, it will immediately block it and alert you to take action.
Updates – Antivirus software requires regular updates to stay up to date with the latest threats. These updates include new virus definitions, bug fixes, and security patches to ensure your device is protected against the latest threats.
How Does Antivirus and Antimalware Software Work?
Top Antivirus Software
Here is a list of the best antivirus software for data protection:
McAfee Internet Security antivirus is one of the best antivirus software that provides comprehensive protection against malware. McAfee even provides access to its software for INR 799 which contains somewhat entry-level features of antivirus software.
This software contains a two-way firewall and file shredder access to up to 10 devices. It can run on almost every device including iOS, macOS, Windows, and Android. But these entry-level McAfee antivirus software does not include parental controls.
You have to buy the McAfee LiveSafe or McAfee Total Protection to obtain access to password managers and parental controls. Unlimited VPN access is only available in the McAfee Total Protection Ultimate version.
Features:
Antivirus scanner with real-time malware detection.
Contains ransomware rollback and password manager.
Firewall, wifi security, and PC optimization.
Identity protection service
Excellent malware protection with protection of copious machines at an affordable price.
Bitdefender Antivirus Plus – Best Antivirus Software
Bitdefender Antivirus Plus is popularly known for its smooth virus scanning capacity with a light method impact, decent malware protection, and a bunch of extra features.
Moreover, it also contains a Wifi network detector, virtual keyword in a fixed browser, and endless access to a password manager. You can get software protection access for 10 devices by owning the âš4,799 per year (first year) version of Bitdefender Antivirus Plus Software.
Features:
Contains ransomware rollback and password manager.
Norton is itself a hefty brand delivering copious antivirus software from eternity, but its byproduct Norton 360 Deluxe is on top of them. The traditional Norton antivirus software had heavy system performance, but Norton 360 Deluxe is the ever-refined version with much lighter system performance.
It provides up to 50 GB of free digital storage space. If you want to own this antivirus software for up to 10 or 20 devices, you can opt for Norton 360 Premium versions.
You can also ask for up to their bundles of additional online space and changing LifeLock services. Although Norton still lacks the secure web browser, file encryption, and file shredder features. It also gets slowed down in case of full and timely scanning of data.
Norton Secure VPN is not available in India because of the government’s regulations but one can use its VPN when travelling outside India.
Features:
Contains parental controls and a password manager.
Comprises firewall, game modes, and backup software.
Provides webcam protection.
Decent malware protection and top tiers Lifelock recognition security.
ESET Smart Security Premium – Best Antivirus Software
If you are searching for small system performance, fast scanning, and terrific malware protection, ESET Smart Security Premium is a must to consider option while analyzing top antivirus software.
Although it doesn’t contain backup software, a VPN client, and a file shredder, its premium smart features including a password manager and file encryption fill the gap. ESET is quite affordable for a few devices but if you want control of this exclusive antivirus software on several devices together, ESET can then get expensive.
Features:
Convenient functioning and good malware protection.
Webcam protection, a hardened browser, and file encryption.
Browser hardening divisions and parental controls.
The best version of Trend Micro Maximum Security to opt for is its mid-range edition. It contains almost all the required features enough to protect the device along with backup storage and cloud storage.
Its premium version also has dark web monitoring of private data and an additional VPN. The only problem that Trend Micro Maximum Security software encounters are heavy system loads during hefty scanning.
Features:
Encompasses a hardened browser and parental controls.
Conceals game mode, password manager, and VPN.
Involves dark web scans and a secure browser for malware protection.
Pricing:
Plan
Price
1-Year
âš1799.00 for 3 devices
2-Years
âš2399.00 for 3 devices
Conclusion
This was all about the best antivirus software. However, selecting the best antivirus software is essential to protect your devices and personal information from online threats. With numerous options available, it can be overwhelming to choose the right one. However, by considering factors such as features, performance, ease of use, and cost, you can narrow down your options and find the best antivirus software that fits your needs. Always remember to keep your antivirus software up-to-date to ensure maximum protection against the latest threats. Ultimately, investing in reliable antivirus software is an investment in your cybersecurity and peace of mind.
FAQs
What is antivirus software?
Antivirus software is designed to detect, prevent, and eliminate any malicious software and fights against intimidating codes to protect the computer and practical data.
Are cybercrimes rising?
Cybercrimes have been rising massively for some time. It is observed that because of the COVID-19 pandemic, cybercrime has increased by 600%.
Which is the best antivirus software?
Some of the best antivirus software include:
McAfee
Norton 360 Deluxe
Bitdefender Antivirus Plus
ESET Smart Security Premium
Trend Micro Maximum Security
What factors should I consider when choosing the best antivirus software?
When choosing the best antivirus software, you should consider factors such as features, performance, ease of use, and cost. It is also important to look for software that is regularly updated to protect against new and emerging threats.
Do I need antivirus software if I have a Mac?
Yes, while Macs are generally less vulnerable to malware than Windows computers, they are still susceptible to some types of malware. It is recommended to use antivirus software to protect your Mac.
Can I use more than one antivirus software on my computer?
No, it is not recommended to use more than one antivirus software on your computer as they can interfere with each other and cause performance issues.
Is free antivirus software as good as paid antivirus software?
While there are some reliable free antivirus software options available, they may not offer the same level of protection and features as paid antivirus software.
You wake up one day and see dozens of messages, complaints and multiple requests from your tenants. As soon as you go through the first request, you get ten more at once, putting you under pressure. Responding to all tenant requests is difficult and practically impossible to accomplish.
Whether you are an independent landlord or a commercial property manager, managing your property is vital to surviving in the highly competitive modern-day market. Apart from this, it is equally important to automate and streamline your tasks.
However, managing properties can be a complex and time-consuming task, especially for property managers who are responsible for multiple properties. This is where property management solutions come in. Messages, requests, or complaints, property management software allows you to streamline all these under a single bracket.
So, what is property management software? How do they work? This article will give you a brief overview of property management software, as well as give you a rundown of the top property management software options on the market today.
Property management software is an app-based software tool that comes with multiple functionalities that allow landlords and commercial property managers to streamline their day-to-day operations. Property managers can automate their back-office, financial, and administrative processes with property management software.
A typical property management software generally offers the following features:
Maintenance Tracking
E-Leases And Lease Management
Document Storage
Online Tenant Portal
Rent Payment Processing
Tenant Checks (Screening)
Property Marketing
Online Payment Processing
Depending upon your needs and requirements, the property management software you select will offer you a wide range of services based on the size and type of your portfolio.
Most Common Property Management Services
Given the various features present, property management software saves you precious time by significantly reducing your workload and streamlining existing workflows. Whether youâre managing thousands of units or you own only one property, property management software can make your life easier.
The primary benefits associated with property management software can add to the growth of your business as well as create new opportunities to grow.
As we mentioned earlier, whether you are managing multiple units or just a single property under your management, property management software can make life easier. Accordingly, this property management software is divided into two types as
1 – Residential Property Management Software
Residential property generally refers to residential housing, student housing, and other affordable housing societies that are usually managed by independent landlords who manage not more than 5 properties at a time.
Accordingly, property management software for residential properties is generally free to use and provides a good degree of automation by providing the features you need. However, if you manage more than 100 properties, then you need something more powerful that allows you to automate your administrative tasks.
Residential Property management software is a basic solution that gives you all the must-have features followed by some advanced add-ons like AI Leasing and 24/7 customer support.
2 – Commercial Property Manager Software
Unlike residential property management software, commercial property management software is more robust and is made primarily if you own properties such as retail stores, office spaces, industrial properties and more.
Commercial property management software gives you all the solutions followed by marketing and leasing features curated especially for your commercial needs. Commercial property management software provides all market features which are not found in any residential property management software. This includes features such as common area maintenance, corporate accounting, and so on.
How to Select Property Management Software
When researching property management software, make sure you take into account the size and type of portfolio you have. Furthermore, there are certain criteria you should also consider while evaluating property management software. To avoid common mistakes in evaluation, here are the factors to consider when selecting a property management software:
Features
When it comes to choose property management software, it is important to be aware of the features of the management software. But with dozens of features, it can be hard to keep track of which specific feature is present in which software. The best way to do this is to create a feature track sheet that includes the features needed and then all the additional features you think might be nice to have. Doing so will help you narrow down the platforms based on relevance. Maintenance tracking, in-app messaging and online payment processing are just some of the features that will help you customize your business. Meanwhile, extra features usually mean you have to give up some essential features.
Usability
Most software management software comes with a free trial feature that allows you to evaluate the usefulness of the software for a set period of time. While choosing a property management software, the free trial will help us evaluate its usefulness and get a rundown of the various features and workflows and get an overall feel of the software.
From the user interface to the features, the free trial gives you a walkthrough of everything. If some management software doesn’t have a free trial feature, you can always schedule a product demo.
Price
Once you are done with the free trial or a product demo, itâs time to move ahead with one of the shortlisted software. Each property management software will have different prices depending on the sophistication of the product. While some software will charge you monthly fee, some prefer to charge their clients an annual fee for their services. Furthermore, the pricing also depends on whether you are a small business owner or a commercial property manager.
Customer Support
When it comes to using property management software, you know you will be using it constantly. However, this makes it prone to certain issues every now and there. This is where you need software with an exceptional customer support programme.
Rock-solid customer support can be crucial and a time-saver when it comes to troubleshooting. Also, if you are using a particular software for the first time, the customer support can help you solve many of your queries.
Here is how you can evaluate the level of customer support based on the following questions
Does the software company have live chat, phone, and email support?
Is there one-on-one onboarding support present?
Does the company provide customer support services 24/7?
Is customer support a part of all subscription plans?
Imagine using a fax machine in a land of smartphones. The idea is so crazy that one can barely imagine it. The same is the case with property management solutions. Each passing year brings a plethora of new software, while either ditching the existing ones or making significant updates.
Be that as it may, you should stay on top of this matter and get the best property management software for yourself. However, given the number of options at your disposal, choosing the right software can be difficult.
This is where we come, we have shortlisted the top 10 Best Property Management Software you should try in 2023:
Rent Manager
Website
www.rentmanager.com
Rating
4.4/5
Founded
2020
Users
3097
Free Trial
Available
Platforms Supported
Web, Andriod, iPhone/iPad
Rent Manager Property Management Software
Rent Manager is one the largest e-payments processor in the real estate industry with over 3 million units on its payroll. It is an extremely convenient and extremely easy-to-use property management platform that gives you access to dozens of features such as:
Management Database
Integrated Accounting
Contact Management
Work Order Capabilities
Marketing Solutions
With access to these solutions, you can track, manage, and resolve your service issues while simultaneously keeping an eye on your accounts and finances in the form of detailed reports. Whether you are looking for tenants or buyers for a property, you can design a highly interactive design that integrates directly with Rent Manager.
In addition, the platform is completely mobile-friendly which means you can accept payments, organize and supervise inspections, enter work orders, take photos and more, and note all issues and complaints on the go.
Not only is Rent Manager for property managers themselves, but tenants also have access to real-time information and transaction records, sign their leases, pay rent, and perform other tenant activities from their app.
If you are a company with a wide portfolio, then Appfolio property management software is the best for you. Whether you are managing a multifamily, single-family, condo, or student housing accommodation, Appfolio will for you. This comprehensive property management software is extremely easy to learn and equally easy to use. Furthermore, the developer team is constantly working on taking feedback, adding new features and improving the app.
With AppFolio, you get access to features such as:
Owner Portal
Maintenance Request Management
Marketing Tools
Rental Application Management
Accounting
Lease Tracking
Contact Information
Billing and Invoicing
Commercial lease templates
Residential Lease Templates
Lease Origination
Similar to Rent Manager, Appfolio has a mobile-friendly version, using which you can access all the important things on the go. This intuitively designed app is self-automated and has rich functionality that combines to provide you with a comprehensive user experience.
The Plans for Appfolio start at $1.40/month and there is also a free trial for you to get an overview and check whether it suits your needs. Lastly, the user-friendly interface of the platform is easy to navigate and highly intuitive.
Pricing:
Residential:
Plan
Monthly Price
Core
$1.40 starting price per unit / per month
Plus
$3 starting price per unit / per month
Community Associations:
Plan
Monthly Price
Core
$0.80 per unit / per month
Commercial:
Plan
Monthly Price
Core
$1.50 per unit / per month
Plus
$3 per unit / per month
Yardi Voyager
Website
www.yardi.com
Rating
4.2/5
Founded
2012
Users
12,000+
Free Trial
Not Available
Platforms Supported
Web
Yardi Voyager Property Management Software
Unlike the previously mentioned software on our, Yardi Voyager is one of the few platforms that are perfect for both commercials as well as enterprise property management. Established in 1982, the company has received an A for its dedication to customer service when it comes to providing them with the best real estate software.
Furthermore, you can customize this software based on your business requirements. Accordingly, the website will suggest custom quotes to choose from. With Yardi Voyager, you get access to several features that are specific to different types of residential and commercial properties such as:
Affordable Housing
Senior Living Facilities
Military Housing
Office Spaces
Retail Offices
Airports
Ports
Recreational Spaces
Parks
Government Edifice
Storage Facilities
Student Housing
Depending on the type of portfolio you have, you bundle the specific products to build yourself software that will take care of everything right from marketing and leasing to accounting and reporting. Moreover, the software is mobile-friendly and is native to both Android and iOS.
Given the diverse set of features present in Yardi Voyager, it is the perfect fit if you are a large property management company.
Pricing:
They have custom pricing. Contact Vendor directly for pricing information.
MRI Software
Website
www.mrisoftware.com
Rating
4.3/5
Founded
2010
Users
17,000+
Free Trial
Not Available
Platforms Supported
Web, Android, iPhone/iPad
MRI Property Management Software
MRI property management software is designed exquisitely for commercial and large apartment buildings. What makes MRI software unique is that this property management software is generally owned collectively by a group of investors rather than a single landlord.
Since a group of investors requires a certain set of tools for analysis, this software is heavier compared to the rest as it comes loaded with numerous features that cannot be found in other property management software.
In addition to rental management, MRI software also has a few planning tools in its arsenal using which you can:
Manage And Plan Investments
Track Investments
Manage Spaces
Devise A Strategic Plan
Property Management And Accounting
Lease Abstraction
Facility Management
Unfortunately, there is no free trial on offer. However, the software application is native to both Android and iOS and offers a comprehensive view of property management, accounting, and other facilities required for your real estate business.
Pricing:
They have custom pricing. Contact MRI software directly for pricing information.
TenantCloud
Website
www.tenantcloud.com
Rating
4.1/5
Founded
2014
Free Trial
Available
Platforms Supported
Web, Android, iPhone/iPad
TenantCloud Property Management Software
What makes this software unique is that this property management software is 100% free. If you’re a manager with 75 or fewer units, all of the features available are free to use. It is completely cloud-based service and does not have desktop installation. You get access to all the basic accounting features like online rent payments and financial reports. In addition, you can streamline your work order, vendor payments, and other related tasks.
Although it is free, TenantCloud offers all the features one would expect from a paid application such as:
E-Payment Services
Tenant Screening
Late Fees Calculation
Advertisement
Maintenance Requests
Online Tenant Portal
TenantCloud has online training, support, and product demos to help customers know what they’re getting. Additionally, the software has webinars on offer multiple how-to guides clearly designed followed by excellent 24/7 support for the customers.
Pricing:
Plan
Monthly Price
Free
$0/month
Starter
$15/month
Growth
$50/month
Business
Custom plans
Buildium
Website
www.buildium.com
Rating
4.5/5
Founded
2004
Free Trial
Available
Platforms Supported
Web, Android, iPhone/iPad
Buildium Property Management Software
If you are looking for full-featured software that does everything, then your search stops at Buildium. This multi-functional property management software has a vivid interface that allows you to perform several tasks with ease.
You can manage vacancies, attend to maintenance requests as well as organize your accounting. Moreover, you can set up rent reminders, generate detailed reports on demand, and create a complete bookkeeping within minutes.
Furthermore, the software allows you to choose a plan based on the size and type of property you own and manage. In addition to all the features present, Buildium has integrated with several third-party platforms such as Forte, HappyCo, Hotpads, Lovely, MSI, and so on.
Pricing:
Plan
Monthly Price
Essential
starting at $52/month
Growth
starting at $166/month
Premium
starting at $479/month
SparkRental
Website
Sparkrental.com
Rating
4.7/5
Founded
2016
Free Trial
Available
Platforms Supported
Web
SparkRental Property Management Software
To manage your rental income, SparkRental is another piece of property management software using which you can post rental listings on multiple websites with a simple click. Moreover, you can request and manage all your rental applications online.
Also, SparkRental allows you to download tenant notices followed by eviction notices for each state at no extra cost. Furthermore, with SparkRental, you can request an all tenant screening reports comprising credit, criminal, and prior eviction information.
This property management software has a new feature in the pipeline that will soon allow property managers to outsource their property maintenance calls for a small monthly charge.
Pricing:
Pricing varies.
Re-Leased
Website
www.re-leased.com
Rating
4.5/5
Founded
2012
Users
6000+
Free Trial
Not Available
Platforms Supported
Web, Android, iPhone/iPad
Re-Leased Property Management Software
From commercial to residential, Re-leased will take care of all your property management needs. This automated and intelligent property management software will ensure that you never miss important dates, action items, or any lease event.
With Re-Leased, you get a complete, timely and fully automated workflow on your dashboard that includes multi-layered reporting and an analytics report. Thanks to the software’s powerful insights, you can map out your areas of growth, improvement, and potential revenue streams to boost your overall work efficiency.
Furthermore, the software offers a cloud-based application solution that allows you to access important information anytime, anywhere, and from both iOS and Android-powered devices.
Pricing:
They have custom pricing. Contact Re-Leased directly for pricing information.
Propertyware
Website
www.propertyware.com
Rating
3.8/5
Founded
2008
Users
1100+
Free Trial
Not Available
Platforms Supported
Web, Android, iPhone/iPad
Propertyware Property Management Software
If you are a landlord who manages single family homes, you can understand how overwhelming property management becomes after a while. This is where Propertyware will be your best friend which is built with the simplest interface.
Although it doesn’t have dozens of features as compared to other software, it has just the right amount of software suites you need when managing the above properties. The software is easy to learn and easy to use.
Each plan present at Propertyware allows you to list vacant properties, screen new tenants, collect rental payments, schedule maintenance and receive your financial reports.
Pricing:
Plan
Monthly Price
Basic
$1.00 unit/month
Plus
$1.50 unit/month
Premium
$2.00 unit/month
Condo Control
Website
www.condocontrol.com
Rating
4.7/5
Founded
2008
Free Trial
Not Available
Platforms Supported
Web, Android, iPhone/iPad
Condo Control Property Management Software
With Condo Control, you get software that is easy to use and is loaded with dozens of rich features that give you absolute control over your properties, both big and small. Established in 2008, Condo Control serves condominiums, co-ops, HOAs, and management companies, among other industries.
This diverse range of features goes from accounting integration, online payments, announcements, violation tracking, schedule maintenance requests, and more. It can also integrate with various software solutions so it can play well with your existing processes. All these features streamline your workflow both as property managers and residents.
Condo Control – Property Management Made Simple
Pricing:
They have custom pricing. Contact Condo Control directly for pricing information.
Conclusion
Property management software is cloud solution landlords and property managers can implement to help benefit their business. This software will help add to your profits by streamlining your business workflow and reducing workload. If you are a commercial property manager, these property software can be a major time-saver for your business.
Most of these platforms are free to use while some charge you a monthly or yearly fee. However, make sure that you choose the software based on your needs and requirements, mainly the size and type of your portfolio. Also, to ensure that you get yourself the best software, make sure you consider software criteria such as usability features.
As a landlord or a property manager, this property management software can be of great help in streamlining your day to day operations.
FAQ
What is property management software?
Property management software helps landlords and real estate professionals track leases, residents and maintenance tasks, as well as collect rent and manage finances.
Why do I need property management software?
Property management software can help you save time and money by automating many of the tasks associated with managing rental properties. It can also improve the overall organization and efficiency of your business, making it easier to manage multiple properties at once.
What to look for in property management software?
Specific key rental management tools include professional-level accounting, online rent payment, tenant communications, asset control, inspections and maintenance.
What is property management CRM?
Property management CRM is specially designed software that helps property owners and managers to establish a successful relationship with current and prospective residents.
Which is the best property management software?
The following are the best property management software
Rent Manager
Appfolio
Yardi Voyager
MRI Software
TenantCloud
Buildium
Spark Rental
Re-Leased
Propertyware
Condo Control
Can property management software help with tenant screening?
Yes, many property management software solutions include tenant screening features such as background checks, credit checks, and rental history checks. These features can help you make informed decisions about potential tenants and reduce the risk of problematic renters.
Can property management software integrate with other business tools?
Yes, many property management software solutions offer integrations with other business tools such as accounting software, online payment systems, and marketing platforms.
The Indian government is actively working towards creating a strong startup ecosystem in the country through various initiatives. One such initiative is the establishment of a dedicated ministry or department that supports and promotes new businesses.
In addition, the Central Government of India has introduced multiple startup schemes to provide financial assistance to emerging startups and foster entrepreneurship in the country. These schemes aim to bolster the growth of startups by providing them with the necessary resources and support to thrive in the competitive business environment.
âTake up one idea. Make that one idea your life, think of it, dream of it, live on that idea, let the brain, muscles, nerve, every part of your body be full of that idea and just leave every other idea alone. This is the way to success.â – Mr Narendra Modi, Prime Minister of India
Here is a list of government schemes launched to develop and encourage entrepreneurship in India.
800+ stories, thousands of founders, and millions of visitors. Want to be the next?
StartupTalky is where founders, entrepreneurs, startups and businesses hang out and look up to for inspiration. If you have the means, we have the medium! Inviting founders and startups who are building sustainable solutions from ground zero! Startups who run the show, StartupTalky will let the world know!
The 4th of July 2020 has been quite a historic day for the Indian startups and the gear that the startups of India have got after that day because it is on the same day that the Prime Minister of India, Narendra Modi has announced the launch of the “Aatmanirbhar Bharat App Innovation Challenge”.
In addition to this, the Indian government has also launched several government schemes for startups in India, which aim to provide financial assistance, mentorship, and support to the budding entrepreneurs of the country. These schemes include the Startup India Scheme, Standup India Scheme, and many more.
With this launch, PM Modi urged the startups of India to come together and develop âMade in Indiaâ applications that will facilitate not only the people of India but the whole world. In his tweet, PM urged all the tech and startup community to come forward and develop world-class mobile applications under the challenge.
Today there is immense enthusiasm among the tech & start-up community to create world class Made in India Apps. To facilitate their ideas and products @GoI_MeitY and @AIMtoInnovate are launching the Aatmanirbhar Bharat App Innovation Challenge. https://t.co/h0xqjEwPko
The challenge was launched under the Digital India mission by the collaboration of The Ministry of Electronics And IT with The Atal Innovation Mission (AIM) which is an endeavour of Niti Aayog.
In a second tweet, Prime Minister Narendra Modi urged everyone with such a working product or ideas and vision to create one to come forward and take part in the challenge. He also gave a tagline for this challenge, “Let us Code for an Aatmanirbhar Bharat”.
This challenge is for you if you have such a working product or if you feel you have the vision and expertise to create such products. I urge all my friends in the tech community to participate.
It was then only a few days since the Government of India banned 59 Chinese mobile applications such as TikTok, ShareIt, Xender, etc. from the Indian market. And the Government of India has already started to make India Aatmanirbhar in terms of world-class mobile applications.
“Today, when the entire nation is working towards creating an Aatmanirbhar Bharat, it is a good opportunity to give direction to their efforts, momentum to their hard work and mentorship to their talent to evolve Apps which can satisfy our market as well as compete with the world.”, wrote PM Narendra Modi on his LinkedIn post.
The innovation challenge was launched in 8 different categories. Below listed are the categories and the apps that won them on the first instalment of the challenge:
Office Productivity and Work From Home – Zoho Cliq & Workplace
All the winners of the app innovation challenge received Rs 20 lakhs, while the companies/apps in the second and third positions got Rs 15 lakhs and Rs 10 lakhs each.
In 2021, to celeberate 75th year of Indian Independence, Amrit Mahotsav App Innovation Challenge 2021 was launched as a continuation of the Aatma Nirbhar App Innovation Challenge orgainsed in 2020 that helped identify 24 Winning Apps and 20 Promising Apps. No further challenges have been organised since then.
#2. SAMRIDH Scheme
Ashwini Vaishnaw, who was then a newly appointed Minister of Electronics Information and Technology (MeitY) launched the SAMRIDH scheme, which stands for Startup Accelerators of MeitY for Product Innovation, Development, and growth, on August 25, 2021, after a little over a week of his announcement that the government will support the startups in the initial stages.
The SAMRIDH scheme will support Accelerators to select and accelerate potential IT based startups to scale for solving Indiaâs problems creating positive social impact. The SAMRIDH scheme will provide first round of funding of up to âš40 lakh (with an average of âš 30 Lakh per startup per cohort). The programme will invite applications from existing and upcoming Accelerators to become partners with MeitY and provide startups accelerator programmes of 6 months every year. It is proposed to support around 300 tech Start-Ups through about 40 cohorts (size of 8-10 Start-Ups) under the program.
ELIGIBILITY:
Have been in the business of incubation for more than 3 years and supported more than 50 start-ups of which at least 10 have received non-public investment OR having targeted accelerator programs with experience of running at least 3 cohorts with activities listed as desirable under SAMRIDH.
Have operations in India.
Have the necessary space and infrastructure to carry out activities for the start-ups.
Should demonstrate capabilities with regard tosupporting Start-Ups for domestic and international market immersion.
#3. Startup India Seed Fund
On 16 January 2021, Prime Minister Narendra Modi announced the launch of the ‘Startup India Seed Fund’ to help startups and support ideas from aspiring entrepreneurs. PM Modi said that the government is taking important measures to ensure that startups in India do not face any capital shortage.
The Seed Fund will be disbursed to eligible startups through eligible incubators across India. An Experts Advisory Committee (EAC) has been constituted by Department for Promotion of Industry and Internal Trade (DPIIT) , which will be responsible for the overall execution and monitoring of the Startup India Seed Fund Scheme.
DPIIT has created Startup India Seed Fund Scheme (SISFS) with an outlay of INR 945 Crore and will support an estimated 3,600 entrepreneurs through 300 incubators in the next 4 years (2021-2025).
ELIGIBILITY :
A startup, recognized by DPIIT, incorporated not more than 2 years ago at the time of application.
The startup must have a business idea to develop a product or a service with a market fit, viable commercialization, and scope of scaling.
The startup should be using technology in its core product or service, or business model, distribution model, or methodology to solve the problem being targeted.
Preference would be given to startups creating innovative solutions in sectors such as social impact, waste management, water management, financial inclusion, education, agriculture, food processing, biotechnology, healthcare, energy, mobility, defence, space, railways, oil and gas, textiles, etc.
Startup should not have received more than Rs 10 lakh of monetary support under any other Central or State Government scheme. This does not include prize money from competitions and grand challenges, subsidized working space, founder monthly allowance, access to labs, or access to a prototyping facility.
Shareholding by Indian promoters in the startup should be at least 51% at the time of application to the incubator for the scheme, as per the Companies Act, 2013 and SEBI (ICDR) Regulations, 2018.
A startup applicant can avail of seed support in the form of grants and debt/convertible debentures each once as per the guidelines of the scheme.
#4. Startup India Initiative
Startup India Initiative | Government Schemes for Startup Companies in India
Launched on 16th January, 2016, the Startup India Initiative has rolled out several programs with the objective of supporting entrepreneurs, building a robust startup ecosystem and transforming India into a country of job creators instead of job seekers. These programs are managed by a dedicated Startup India Team, which reports to the Department for Industrial Policy and Promotion (DPIIT).
Under the Startup India initiative, eligible companies can get recognised as Startups by DPIIT, in order to access a host of tax benefits, easier compliance, IPR fast-tracking & more. Over 96,000 startups are registered with the Department for Promotion of Industry and Internal Trade (DPIIT) till March 2023.
ELIGIBILITY :
It is incorporated as a private limited company (as defined in the Companies Act, 2013) or registered as a partnership firm (registered under section 59 of the Partnership Act, 1932) or a limited liability partnership (under the Limited Liability Partnership Act, 2008) in India.
Turnover of the entity for any of the financial years since incorporation/ registration has not exceeded one hundred crore rupees.
Entity is working towards innovation, development or improvement of products or processes or services, or if it is a scalable business model with a high potential of employment generation or wealth creation.
Provided that an entity formed by splitting up or reconstruction of an existing business shall not be considered a âStartupâ.
Grow your business with Coursera. Learn top skills and thrive
Level up your business skills with Coursera courses. From marketing to management, our courses are designed to equip you with the latest knowledge and expertise. Learn from industry leaders and top educators, and earn a certificate to showcase your new skills. Enhance your career prospects and take your business to the next level. Start learning now and join the millions of professionals already on Coursera.
The Startup Leadership Program, as the name indicates, is built to empower outstanding founders and innovators. Launched in 2016 in India, SLP is designed as a “highly selective 6-month world-class training program and lifetime network”.
This startup initiative first began in Boston in 2006, and has spread its wings in over 14 countries and 28+ cities, and has helped 2000+ startups, influenced 3600+ entrepreneurs, and has raised around $2.4 bn+ in funds to date. In addition to programs like SLP, there are also various government initiatives that offer help for business start-ups.
ELIGIBILITY :
Age: They do not record age information, but they believe that the youngest Fellow was 19 and the oldest was 60 when they joined.
Sector: 42 Subsectors including but not limited to Technology, Lifesciences, Fintech, Manufacturing, Consumer, Food & Beverages, CleanTech and Social Enterprise
Experience: A record of leadership and achievement (not necessarily in a startup), visible passion for SLP and actions that indicate you will participate in our community
Aspiration: A clear indication that they either founded or run a startup, are an innovator or idea generators who would like to turn an idea into a company, or are a VC who wants to be closer to entrepreneurs.
#6. ASPIRE
Aspire | Small Business Ideas for Rural Areas in India
The government has made continuous efforts to improve the social and economic aspects of life in rural areas of India and one of the most popular schemes that the Indian government has sanctioned in this regard is ASPIRE. A Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship (ASPIRE) is a Government of India initiative, promoted by the Ministry of Micro, Small and Medium Enterprises (MSME).
The mentioned scheme was launched in 2015 to offer proper knowledge to the entrepreneurs to start with their business and emerge as employers. Since 56% of the Indian population lives in rural areas, the government has promoted entrepreneurship and innovation in the rural sector with this scheme. The ASPIRE scheme aims at increasing employment, reducing poverty, and encouraging innovation in rural India.
However, the main idea is to promote the agro-business industry. The Ministry of Medium and Small Enterprises has tried to boost economic development at the grassroots level. The total budget of the scheme initially was INR 200 crores for the period of 2014-2016.
ELIGIBILITY :
Any institution and/or agencies under any state government or the Government of India. These institutions must be engaged in the field of rural development, business management, technology and entrepreneurial development.
Mudra Bank | Government Funding Schemes for Startups in India
Micro Units Development Refinance Agency (MUDRA) banks have been created to enhance credit facilities and boost the growth of small businesses in rural areas. The government has introduced this scheme to support small businesses in India. In 2015, the government allocated INR 10,000 crores to promote startup culture in the country.
The MUDRA banks provide startup loans of up to INR 10 lakhs to small enterprises, and businesses, which are non-corporate, and non-farm small/micro-enterprises. MUDRA comes under Pradhan Mantri Mudra Yojana (PMMY) which was launched on 8 April 2015.
The loans have been categorized asâ Shishu (up to Rs 50,000), Kishore (between Rs 50,000 and Rs 5 lakh) and Tarun ( Rs 10 lakh).”As of March 24, 2023, about Rs 23.2 lakh crore has been sanctioned in 40.82 crore loan accounts,” stated Finance Minister Nirmala Sitharaman.” Additionally, there are various other initiatives and programs that offer startup support from government.
ELIGIBILITY :
Any Indian citizen with a business plan for a non-farm income-producing activity such as manufacturing, processing, commerce, or service sector with a credit requirement of up to 10 lakh can approach a Bank, MFI, or NBFC for MUDRA loans under PMMY.
#8. Chunauti
Chunauti – A government of India initiative
Chunauti, the pandemic-influenced scheme, is a government of India initiative named CHUNAUTI'(Challenge Hunt Under NGIS for Advanced Uninhibited Technology Intervention), to invite Startups to develop solutions for problems amid pandemic.Launched in August 2020, Chunauti is a start-up challenge initiative under the Next Generation Incubation Scheme (NGIS). The government has chosen a budget of over INR 95 crores over a period of 3 years for this program. This programme aims to identify around 300 startups working in identified areas.
The startups selected through the challenge would be provided incubation support, mentorship, all relevant facilities, as well as funding support such as cloud credits from leading third-party service providers, seed funding of up to INR 25 lakhs, as well as INR 10,000 in monthly monetary support to each intern (startup in pre-incubation) for a period of six months to help them evolve their business plan and solution around the proposed idea.
With the objective to build a strong Eco-system for nurturing innovation and Startups in the country, these initiatives are introduced. The government is also taking steps to reduce the hurdles in the path of the startups. India seems to be going towards the era of entrepreneurship, as India ranks 63 in ease of doing business around the world.
ELIGIBILITY:
The challenge invites proposals/applications from Indian startups, who are working in domains related to software product development.
Startups registered with DPIIT under the start-up India programme are encouraged to participate in this programme.
Individual Academicians, Researchers, Educators, Entrepreneurs, partnership firms, and LLPsmay also participates, however, if they are selected, then they will have to register as a private limited company in stipulated time (preferably within 3 months).
#9. Qualcomm Semiconductor Mentorship Program (QSMP)
Qualcomm, the mobile chipset manufacturing giant has partnered with the Centre for Development of Advanced Computing (C-DAC) to conduct the Qualcomm Semiconductor Mentorship Program (QSMP) 2022 for startups that are working in the Indian semiconductor space. C-DAC is the research and development organisation of the Ministry of Electronics and Information Technology (MeitY).
Qualcomm partners with MeitY
Qualcomm India is planning to provide mentorship, technical training, and industry outreach opportunities to the Indian startups that hail from the semiconductor space with this program. As per the news dated April 30, 2022, Qualcomm India will shortlist around 10 Indian startups for QSMP 2022. Each of these startups will be paired with a Qualcomm India leader for mentorship on product planning and development.
ELIGIBILITY:
Singular startup firms with experience in hardware and embedded design.
Only registered Indian firms will be eligible for further examination based on the quality of work presented. This challenge is not open to students.
Just one submission will be accepted per firm. Several proposals from the same firm may be disqualified.
Participating firms should have a minimum of one year of experience in embedded design and solutions. Design and fabrication of semiconductors and semiconductor devices (front-end and/or back-end assembly, test, and packaging).
#10. Digital India Bhashini
Digital India Bhashini Scheme – Government Scheme of India
Digital India Bhashini was an initiative that PM Narendra Modi announced along with a slew of other initiatives like Digital India GENESIS and Indiastack.global, to boost the Indian startups, as he inaugurated the Digital India week 2022 in Gandhinagar on July 4, 2022.
The Digital India Bhashini scheme aims to help the Indians with easy access to the internet and digital services in vernacular languages. Â
#11. Digital India GENESIS
Digital India GENESIS is another scheme that Modi launched on July 4, 2022. The “GENESIS” in the scheme implies “Gen-next Support for Innovative Startups”. This is a government of India scheme that is launched to empower the national deep-tech startups.
The total budget of this programme and the Digital India Bhashini is disclosed, which is around Rs 750 crore.
#12. India Water Pitch-Pilot-Scale Startup Challenge
India Water Pitch-Pilot-Scale Startup Challenge
The government of India launched a startup challenge on March 12, 2022, which was announced by Union Minister Hardeep Singh Puri, where selected startups of India will get a grant of Rs 20 lakhs in three tranches of Rs. 5 lakh, Rs. 7 lakh and Rs. 8 lakh respectively on fulfilling certain conditions/ milestones of work as per their project proposal.
While announcing the water startup initiative at an event in New Delhi, under Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0, Minister Puri declared that this initiative the water sector startups and lead them towards growth “through innovation and design that will drive sustainable economic growth and generate employment opportunities.”
ELIGIBILITY:
All entities are recognised as start-ups by the Department of Promotion of Industry and Internal Trade (DPIIT).
The start-up must be providing solutions in the aforementioned thematic areas.
#13. Ministry of Skill Development and Entrepreneurship
Government Support for Startups & Entrepreneurs in India
The task of promoting entrepreneurship was earlier given to different departments and government agencies. In 2014, the Prime Minister decided to dedicate an entire ministry to building this sector as he felt that skill development required greater push from the government’s side.
Furthermore, the idea is to reach 500 million people by the year 2022 through gap-funding and skill development initiatives. These schemes include the National Apprenticeship Promotion Scheme (NAPS), MUDRA loans under the Pradhan Mantri MUDRA Yojana (PMMY), Deendayal Antyodaya Yojana National Rural Livelihoods Mission (DAY-NRLM) / Deendayal Antyodaya Yojana
National Urban Livelihoods Mission (DAY-NULM), Mahatma Gandhi National Employment.
ELIGIBILITY:
This scheme is available for Indian youth who are: Unemployed or school/college dropouts. Possess an Aadhaar card. Hold a bank account.
3-minute video explaining everything about Skill India Mission
#14. ATAL Innovation Mission
Atal Innovation Mission | Initiatives for Entrepreneurship development
In the budget session of 2016, the Indian government announced the Atal Innovation Mission (AIM) is a flagship initiative set up by the NITI Aayog; the name coming from Atal Bihari Vajpayee, the former Prime Minister of India.
Atal Innovation Mission was established to create a promotional platform involving academicians and draw upon national and international experiences to foster a culture of innovation, research, and development. The government allocated AIM around INR 150 crores in the year 2015.
AIM’s goals include building 10,000 Atal Tinkering Labs (ATLs) and 101 Atal Incubation Centers (AICs), as well as sponsoring 200 businesses through the Atal New India Challenges until March 2023.
ELIGIBILITY:
Academic Applicants: Â a) Universities and colleges affiliated with UGC and AICTE. b) Technical Diploma Colleges and ITIs
Non-Academic Applicants: Organisations promoting science and technology.
#15. eBiz Portal
eBiz Portal | Government Schemes for Startup Projects in India
eBiz was the first electronic government-to-business(G2B) portal, which was founded in January 2013. The main purpose of the portal was to transform and develop a conducive business environment in the country. eBiz Portal was developed by Infosys in a public-private partnership model. It was designed as a communication centre for investors and business communities in India.
The portal had launched 29+ services in over 5 states of India, viz., Andhra Pradesh, Delhi, Haryana, Maharashtra, and Tamil Nadu. The government also announced that it will add more services to the scheme with time. However, after rounds of talks about the shutting down of the eBiz initiative since July 2018, it was finally shut down on account of low service integration. The government is again planning to revive eBiz-like portals, according to the 2020 updates.
As of March 2023, GeM had over 63,000 government buyer organisations, over 6 crore sellers and service providers offering a wide range of products and services. Currently, government departments, ministries, public sector units, state governments, and central armed police forces are allowed to carry out transactions through this portal.
ELIGIBILITY:
Sellers who have registered on an e-Commerce portal to sell items online and have a track record of at least six months on any of the main e-Commerce players are eligible for SME eBiz Loan advantages.
#16. Dairy Processing and Infrastructure Development Fund (DIDF)
DIDF | Startup India Initiative- government schemes for startups in india
National Bank for Agriculture and Rural Development (NABARD) is an apex development bank in India. The Government of India announced the creation of the Dairy Processing and Infrastructure Development Fund under NABARD in the Union Budget of 2017-18 for the sustained benefit of farmers. The total corpus for this fund is INR 8000 crores over a period of 3 years (i.e. 2017-18 to 2019-20)
Milk Unions, multi-state milk cooperatives, state dairy federations, milk-producing companies, and NDDB subsidiaries meeting the eligibility criteria under the project can borrow loans from NABARD. The loan component would be 80% (maximum rate) with the end borrower’s contribution at 20 % (minimum rate). Borrowers shall get the loan at an interest rate of 6.5% per annum. The period of repayment will be 10 years. The respective state government will be the guarantor of loan repayment. Moreover, if the borrower is not able to contribute his or her share in the scheme, the state government shall step in.
The departments that come under the agriculture ministry were allocated a total of Rs 1.31 lakh crore in the 2021 Budget, which has been increased to Rs 1.32 lakh crore in the Union Budget of 2022. A fund consisting of blended capital that will be raised under the co-investment model will be facilitated via NABARD, which will finance the agritech startups and rural enterprises that are relevant to farming. The Finance Minister of India, Nirmala Sitharaman further added that the use of âKisan dronesâ will see a new encouragement to facilitate effective crop assessment, digitization of land records, and the spraying of insecticides and nutrients.
#17. Support for International Patent Protection in Electronics & Information Technology (SIP-EIT)
SIP-EIT | Startup Schemes in India
The Department of Electronics and Information Technology (DeiTY) has launched a scheme entitled âSupport for International Patent Protection in E&IT (SIP-EIT)â. This scheme provides financial support to MSMEs and Technology Startups for international patent filing.
The SIP-EIT scheme offers several features and benefits to applicants in the Information Communication Technologies and Electronics sector who are seeking financial support for international patent filing.
Under this scheme, a maximum reimbursement limit of INR 15 lakhs per invention or 50% of the total charges incurred in filing and processing a patent application, whichever is lesser, is provided. This can help reduce the financial burden on applicants and encourage innovation in these industries.
Another advantage of the SEP-EIT scheme is that it can be applied at any stage of international patent filing, providing flexibility to the applicant.
ELIGIBILITY:
The business’s investment limit should be met, and the firm should be registered under the Government’s Companies Act. To reap the benefits of the scheme, the investment limit in plant and machinery should be met.
#18. Multiplier Grants Scheme (MGS)
MGS | Government Grants for Startups in India
Department of Electronics and Information Technology (DeitY) started the Multiplier Grants Scheme (MGS). This scheme aims to encourage collaborative Research & Development (R&D) between industry and academics/institutions for the development of products and packages.
Under the scheme, if the industry supports the R&D of products that can be commercialized at the institutional level, the government shall provide financial support which will be up to twice the amount provided by the industry. MGS promotes and expedites the development of aboriginal products and packages. The government grants would be limited to a maximum amount of INR 2 crores per project and the duration of each project could considerably be less than 2 years. It would be INR 4 crores and 3 years for industry associations.
While the Multiplier Grants Scheme is developed keeping entrepreneurs and start-ups in mind, various business industries can be eligible based on their intentions.
#19. Credit Guarantee Fund Trust for Micro and Small Entreprises (CGTMSE)
The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE ) was set up by the government of India and had been put into effect from 1st January 2000 onwards to provide business loans to micro-level businesses, small-scale industries, and startups with zero collateral.
It allows businesses to avail of loans at highly subsidized interest rates without requiring security. By working along with SIDBI (Small Industries Development Bank of India), the government provides a maximum amount of up to INR 100 lakhs under this scheme for boosting new enterprises as well as rehabilitating the existing ones. Primarily meant for manufacturing units, this loan can be availed in the form of working capital or a term loan.
On March 30, 2023, the Credit Guarantee Fund Trust for Micro and Small Businesses (CGTMSE) corpus was injected with a value of Rs. 8,000 crores. The CGTMSE has announced recommendations for lowering the annual guarantee cost for loans up to Rs. 1 crore from a maximum of 2% per year to as low as 0.37% per year.
ELIGIBILITY:
All MSME borrowers/entities who are stressed viz. SMA2 and NPA accounts are eligible for restructuring (as per RBI guidelines) and are commercially viable as per the assessment of the lending institutions.
#20. Software Technology Park (STP)
The Software Technology Park (STP) of India was set up in 1991 as an autonomous society under the Ministry of Electronics and Information Technology (MeitY).Itis a totally export-oriented scheme for the development and export of computer software. This includes the export of professional services using communication links or media.
The scheme is unique in its nature as it focuses on only one sector, i.e., computer software. The scheme integrates the government concept of “100% Export Oriented Units” (EOU), “Export Processing Zones” (EPZ), and the concept of Science Parks or Technology Parks operating elsewhere in the world. The sales in the Domestic Tariff Area (DTA) shall be permissible for up to 50% of the export in value terms. STP gives total depreciation on capital goods over a period of five years.
ELIGIBILITY:
An Indian company, a foreign company’s subsidiary, or a foreign company’s branch office are all eligible to become STP units.
#21. The Venture Capital Assistance Scheme (VCA)
Small Farmerâs Agri-Business Consortium (SFAC) has launched the Venture Capital Assistance (VCA) scheme for the welfare of farmer-entrepreneurs and to develop their agri-business.
The scheme is approved by the banks and financial institutions regulated by the RBI. It intends to provide assistance in the form of term loans to farmers so that the latter can meet the capital requirements for their project’s implementation. VCA promotes the training and nurturing of agri-entrepreneurs.
The quantum of the loan will be 26% (40% for hilly regions) of the promoterâs equity. The maximum amount of loan provided under this scheme will be INR 50 lakhs. For the North-East region, hill states(Uttarakhand, Jammu and Kashmir) Â in all these cases in any part of the country where the project is promoted by a registered farmer producer organisation, the quantum of venture capital are lower than 40% of the promoter’s equity, Rs 50.00 lakhs. Â In March 2023 Finance Minister Sitharaman launches a fund to encourage agri startups, increases the credit target to 20L cr. In addition to the VCA scheme, there are several other government schemes for startups in India that aim to provide financial assistance, resources, and support to budding entrepreneurs.
ELIGIBILITY:
Farmers
Producer Groups
Partnership/Proprietary Firms
Self Help Groups
Companies
Agripreneurs
Units in Agri export zones
Agriculture graduates Individually or in groups for setting up agribusiness projects.
#22. Loan For Rooftop Solar Pv Power Projects
Loan for Rooftop Solar Projects | Government Support for Entrepreneurs in India
To build reliance on non-conventional sources of power, the government of India has decided to set up 40,000 MWp of Grid-Interactive Rooftop Solar PV Plants in the next five years. These rooftop solar PV plants will be set up in residential, commercial, industrial, and institutional sectors in the country and shall range from 1 kWp to 500 kWp in terms of capacity.
Such rooftop plants are economically viable since they can produce electricity using solar energy at about INR 7 per kWh without any subsidy. The government also provides a subsidy of 15% on these plants to the associations or individual companies, making the scheme even more lucrative.
ELIGIBILITY:
Existing and Prospective SMEs & Business enterprises have the requirement for installing solar rooftop / ground-mounted projects for captive use.
CIBIL Score of all Promoters not less than 650.
Solar systems to be Grid connected.
Net Metering Arrangement.
MSME unit should have Udyam Registration Number (URN)
#23. NewGen Innovation and Entrepreneurship Development Centre (NewGen IEDC)
NewGen IEDC is an initiative launched by the National Science and Technology Entrepreneurship Development Board under the Department of Science and Technology, Government of India. The initiative aims to inculcate the spirit of innovation and entrepreneurship among the Indian youth. It also endeavours to support and encourage entrepreneurship through guidance, mentorship, and support.
NewGen IEDC is a five-year programme that would be implemented in educational institutions. It will support up to 20 new projects. Financial assistance would be provided to the selected institutions for the establishment of NewGen IEDC, including non-recurring (as one-time establishment costs) of up to Rs. 25 lakhs and recurring expenditures (Project Development Cost, Travel, Training, and Contingencies, etc.) of up to Rs. 10 lakhs for five full operational years.
ELIGIBILITY:
During at least 5 years, the institution must be a University/Deemed University or a renowned Institute/College offering Engineering, Technology, and Science courses at the degree level or above.
The university must have at least two faculty members educated in entrepreneurship under the DST-sponsored Faculty Development Programme and a minimum of 5000 square feet of dedicated space for housing the NewGen IEDC.
#24. Single Point Registration Scheme (SPRS)
SRPS | Indian Government Schemes for Startup Business
The Single Point Registration Scheme (SPRS) was launched in 2003. It is managed by the National Small Industries Corporation (NSIC). NSIC registers all Micro & Small Enterprises (MSEs) in India under the Single Point Registration Scheme to enable them to participate in government purchases.
Enterprises are classified as Micro, Small, or Medium based on the limit of investment. Both Micro and small businesses have varied criteria and registration requirements under SPRS. Micro Businesses – Rs 3000 for up to Rs 100 lakh in revenue. Small Businesses – Rs 5000 for a turnover of up to Rs 100 lakh. Micro Businesses – Rs 3000+ Rs 1500 for every additional Rs 100 lakh in revenue.
ELIGIBILITY:
Eligible MSME units are provided with a Udyog Aadhar registration certificate. All central ministries, departments, and PSUs shall set an annual goal of a minimum of 20% of the total annual purchases of products produced or rendered by MSMEs. About 358 items are reserved for exclusive purchase from MSMEs.
All central ministries, departments, and PSUs shall set an annual goal of a minimum of 20% of the total annual purchases of products produced or rendered by MSMEs. About 358 items are reserved for exclusive purchase from MSMEs.
#25. Modified Special Incentive Package Scheme (M-SIPS)
M-SIPS was announced in July 2012 by the government of India has approved a special incentive package to promote large-scale manufacturing in the Electronic System Design and Manufacturing (ESDM) sector. The scheme is called the Modified Special Incentive Package Scheme (M-SIPS).
Under M-SIPS, the Indian government will provide a subsidy of 20% on capital investments in special economic zones (SEZs) and 25% on capital investments in non-SEZs for individual companies. It also provides the reimbursement of CVD/excise on capital equipment for non-SEZ units. It provides Incentives for a period of 5 years from the date of approval of the application. Reimbursement of central taxes and duties is also provided for high technology and high capital investment units.
Stand-Up India was launched by the government of India on 5 April 2016 for financing SC/ST and/or women entrepreneurs. According to the scheme, bank loans between 10 lakhs to 1 crore can be borrowed by at least one Scheduled Cast (SC) or Scheduled Tribe (ST) borrower and at least one woman per bank brand to set up a greenfield enterprise. The greenfield enterprise may be based out of manufacturing, services or the trading sector. In the case of non-individual enterprises, it is mandatory that an SC/ST or a woman entrepreneur holds at least 51% of the shareholding and controlling stakes.
Achievements (as on March 21, 2023)Rs. 40,710 crore has been sanctioned under Stand Up India Scheme to 180,636 accounts and 33,152 crore has been sanctioned to women under Stand Up Indin Scheme.
ELIGIBILITY:
SC/ST and/or female entrepreneurs over the age of 18.
Loans under the initiative are exclusively available for greenfield projects. In this sense, the green field refers to the beneficiary’s initial foray into the manufacturing, services, or trading sectors.
In the event of non-individual firms, either SC/ST or Woman Entrepreneur must own 51% of the shareholding and controlling interest.
The borrower must not be in arrears with any bank or financial institution.
The government of India launched the famous Extramural Research (EMR) funding scheme via SERB to help academic institutions, research laboratories, and other R&D organizations carry out their basic research in all frontier areas of Science and Engineering. Founded just after the establishment of the Science and Engineering Research Council (SERC), this scheme is one of the oldest on the list and still quite a relevant one even after more than four decades of its existence.
This scheme encourages emerging and eminent scientists in the field of science and engineering for an individual-centric competitive mode of research funding. Only the name Extramural Research (EMR) has now been renamed to Core Research Grant (CRG) because the scheme provides core research support to active researchers.
#28. High Risk – High Reward Research
The High Risk and High Reward Research is a scheme launched by the Indian government to support and invite new proposals and ideas that have the potential to usher a paradigm-shifting influence on the Science and Technology domains. This funding focuses on the new proposals, which might be conceptually new and risky but are expected to have a paradigm-shifting influence on the S&T, in terms of formulating new hypotheses or scientific breakthroughs, which might help in the emergence of new technologies.
Typically, financing is granted for three years. In rare situations, as determined by the expert committee, the period might be up to 5 years. This sort of project has no budget constraints. Besides overhead funds, the research grant covers equipment, consumables, contingencies, and travel.
ELIGIBILITY:
The applicant must be an Indian citizen who resides in India.
The applicant(s) must be employed in a regular academic/research capacity at a recognised institution.
Individual investigators or teams of investigators may submit ideas.
Proposals submitted by a group of scientists must name a Principal Investigator, who will drive the research objectives and oversee the grant administration.
#29. IREDA-NCEF Refinance Scheme
The revival of the operations of existing biomass power and other small hydropower projects, which were affected due to unforeseen circumstances, is essential, which is why the government of India decided upon the Refinance Scheme in collaboration with the Indian Renewable Energy Development Agency Ltd. (IREDA) and The National Clean Energy Fund (NCEF).
The scheme aims to revive the operations of the existing biomass power and small hydropower projects by cutting down the cost of funds for these projects and providing refinance at concessional rates of interest, with funds sourced from the National Clean Energy Fund (NCEF).
ELIGIBILITY:
Apart from overhead grants, renewable energy projects should be operational for a minimum of three years with no materialistic losses.
For the overall lending institution, the gross non-performing Assets as a proportion of Gross Loans should generally not exceed 5%. This condition parameter excludes state/central PSU banks/government NBFCs/FIs.
The Capital Adequacy Ratio should be in accordance with the regulatory standards established by the government.
Under the plan, combustion-based biomass power facilities with an installed capacity of 10 MW are eligible for a loan.
Small Hydro Power Projects having an installed capacity of 25 MW are eligible for the refinancing of up to Rs.15 crores under the plan.
The Renewable Energy Units must be active for at least one year.
#30. Dairy Entrepreneurship Development Scheme
The Dairy Entrepreneurship Development Scheme (DEDS) scheme was started in December 2004 with an outlay of Rs. 25 Crore. It is a scheme implemented by the Department of Animal Husbandry, dairying, and fisheries to generate self-employment opportunities in the dairy sector.
These opportunities in the mentioned sector will comprise activities like the enhancement of milk production, procurement, preservation, transportation, processing, and marketing of milk by providing back-ended capital subsidies for bankable projects.
The scheme has been implemented by the National Bank for Agriculture and Rural Development (NABARD).
ELIGIBILITY:
Farmers, individual businesses, and groups from the unorganised and organised sectors are all eligible for the plan. Self-help groups, dairy cooperative societies, milk unions, milk federations, Panchayati Raj institutions, and other organisations comprise the organised sector.
An applicant will be eligible for help for all scheme components, but only once for each component.
The plan can help more than one member of a family if they build up separate units with distinct infrastructures in various areas. The spacing between two such farms should be at least 500 metres.
Preference will be given to cluster-based projects involving dairy farmers/women in SHGs/Cooperatives/Producer firms.
Preference will be given to SC/ST/women/landless/small farmers, as well as those in drought.
#31. Drone Shakti
The government of India launched Drone Shakti, as voiced by the Union Finance Minister Nirmala Sitharaman on February 1, 2022. This new initiative is designed to motivate startups to introduce diverse applications for drones, including drones-as-a-service (DaaS). Furthermore, the finance minister also stated that the government would encourage the use of drones by farmers. Sitharaman focused on the farmers’ use of these drones to survey the lands and spray insecticides along with digitising land records.
Besides, the government also asserted to stand in full support of the drone technology startup in India. It recently flagged off 100 Kisan Drones in diverse parts of the country to spray pesticides and more. In order to promote made-in-India drones, the government of India banned the import of drones with immediate effect. This however exempts the import of drones for research and development, defence, and security purposes, as per the Ministry of Civil Aviation (MoCA).
The drone manufacturing industry, as estimated by MoCA, is expected to receive an investment of over Rs 5,000 crore over the next 3 years, which will include drones and drone components. The annual turnover of the sales of the drone manufacturing industry, which was valued at Rs 60 crore during FY 2020-21, will shoot over to Rs 900 crore during FY 2023-24. More than one company within a Group of Companies may file separate applications under this PLI scheme and the same shall be evaluated independently.
#32. Zero Defect Zero Effect (ZED) Certification Scheme
The Zero Defect Zero Effect (ZED) scheme was launched on April 28, 2022, by the government of India with a vision of creating proper awareness about ZED manufacturing among the MSMEs and motivating them the assessment of their enterprise for ZED and support them.
ZED can be summed up as an integrated and holistic certification and handholding scheme that extends an opportunity to the Micro, Small and Medium Enterprises (MSMEs) to strive to continuously improve their processes and move up the ZED maturity assessment model.
ELIGIBILITY:
All MSMEs registered with the UDYAM registration portal (of the MoMSME) will be eligible to participate in MSME Sustainable (ZED) Certification and avail of related benefits/incentives.
#33. Sub-Mission on Agricultural Mechanization (SMAM)
The Sub-Mission on Agricultural Mechanization (SMAM) is a government initiative that was launched by the Government of India in 2014-2015, aiming to increase the reach of farm mechanisation, especially to the small and marginal farmers and in other such areas where the availability of farm power is low. According to the recent updates, as per the reports dated April 2, 2022, the Indian government has announced that it would extend the financial assistance of the full cost of the drones (100%) together with the contingent expenditure under SMAM.
This has already been extended to the Institutions of Indian Council of Agricultural Research, Krishi Vigyan Kendra (KVK), and State Agricultural Universities (SAUs) for its demonstration on the farmerâs fields, as per the statement of Union Minister Narendra Singh Tomar in the Rajya Sabha went on April 1, 2022.
ELIGIBILITY:
To be eligible for the SMAM Kisan Yojana 2023, you must be a farmer with an annual income of less than 2 lakh (Family Income), and your name must be recorded on both the ration card and the Aadhaar card.
#34. Credit Linked Capital Subsidy for Technology Upgradation (CLCSS)
Credit Linked Capital Subsidy for Technology Upgradation, which is popularly known as the acronym, CLCSS, is a government of India scheme to upgrade technology. It was launched on 1st October, 2013.
Under CLCSS the Indian government provides cash for the Indian companies upfront to upgrade/modernize their equipment or techniques. This scheme mainly empowers Micro and Small Scale Enterprises (MSMEs). In 2023 Â with this scheme, an eligible MSME can avail of a credit amount ranging from âš1 lakh to âš5 crores. Available from both traditional institutional lenders and NBFCs, a business owner can get this MSME loan at a yearly interest rate of 8.50%.
ELIGIBILITY:
Small and micro-enterprises that belong to -sub-sectors specified by the Ministry of MSME will be deemed eligible for this subsidy scheme.
Both new and existing enterprises can avail subsidy under this scheme. Small and micro-enterprises based in semi-urban and rural areas with a valid UAM number are also eligible. Â
#35. Design Clinic Scheme for Design Expertise
The Design Clinic Scheme for Design Expertise is a scheme declared by the Indian government to support the MSME manufacturing sector of India. As the government deems that design and innovation are critical to the growth of a brand and feels that the MSMEs should develop a design-centric approach to fuel their startups, it aims to infuse design expertise in them.
Under this scheme, the government of India announced to extend around Rs 60,000 for attending design seminars and up to Rs 3.75 lakhs or 75% of the cost that would be needed in conducting the seminar, where the entrepreneurs and their teams can learn about design theories, interact with design veterans, build a network, and put them into practice. Â Â Â Â
ELIGIBILITY:
The unit must be a micro/small/medium enterprise, as defined in the MSMED Act of 2006 or as revised subsequently.
The Designer in this programme must be chosen from a pool of skilled industrial designers who have been authorised for this programme.
Conclusion
The government is not only promoting these schemes to help the present group of startups benefit from them but also motivating the budding entrepreneurs, startups, and students from all domains, who tend to be independent and lead the vision of Atmanirbhar Bharat forward. These initiatives have been introduced for the development of the Indian startup ecosystem, and they reflect the government’s commitment to fostering innovation and entrepreneurship in the country.
With the help of government schemes for startups, the country now seems to be heading towards the golden era of entrepreneurship, where if things go as planned, India may host as many successful startups as the USA or any other leading nation by 2030. The government’s support and initiatives for startups in India have created an environment of innovation and growth, and this has encouraged more and more people to pursue their entrepreneurial dreams.
What are the prominent Indian government investment schemes for the startups of the country?
Some of the popular government investment schemes that are benefitting the startup ecosystem of India are:
SAMRIDH Scheme
Startup India Seed Fund
Startup India Initiative
ASPIRE
Pradhan Mantri Mudra Yojana (PMMY)
India Water Pitch-Pilot-Scale Startup Challenge
Chunauti
Ministry of Skill Development and Entrepreneurship
ATAL Innovation Mission
eBiz Portal
Dairy Processing and Infrastructure Development Fund (DIDF)
Support for International Patent Protection in Electronics & Information
Technology (SIP-EIT)
Multiplier Grants Scheme (MGS)
Credit Guarantee Fund Trust for Micro and Small Entreprises (CGTMSE)
Software Technology Park (STP) Scheme
The Venture Capital Assistance Scheme (VCA)
Loan For Rooftop Solar Pv Power Projects
NewGen Innovation and Entrepreneurship Development Centre (NewGen IEDC)
Single Point Registration Scheme
Modified Special Incentive Package Scheme (M-SIPS)
Stand Up India Scheme
High Risk – High Reward Research
IREDA-NCEF Refinance Scheme
Dairy Entrepreneurship Development Scheme
Drone Shakti
Zero Defect Zero Effect (ZED) Certification Scheme
Credit Linked Capital Subsidy for Technology Upgradation (CLCSS)
Design Clinic Scheme for Design Expertise
What is the role of startups in Indian economy?
Businesses help a country grow and startups can also be defined as businesses in their very nascent stages. Therefore, if a country nourishes its startup businesses, then they are bound to boost the economy of the whole country only if they are successful. These startups, after considerable growth, will not only help their founders and those associated with the company acquire wealth, but also help the company get a financial boost and drive other businesses, and entrepreneurs to be towards success.
How to start a startup?
If you are a business professional or an individual with dreams of starting up your business and are looking for ideas regarding “how to start a startup?”, then here are some basic things you need to focus on:
Stick with a powerful startup idea
Gather like-minded people who are experts in their relevant domains
Put every relevant idea and draw up a foolproof business plan
Make a revenue model
Start gathering funds
Consult legal advice
Choose a location to set up your headquarters
Chalk out a marketing plan
Grow your customer base
Grow digitally
Ensure that your business plans are scalable
Do not discard any unique ideas to pivot
How to protect tech based startup?
Protecting a tech-based startup today is essential as it is important to protect any other startups because losing out on a startup opportunity is simply something that no one wants. Â So, here is a list of ideas that will help you secure your tech-based startup:
Always stay updated
Make scalable plans for future expansion
Ensure online security from cybersecurity risks
Do not share your trade secrets with others
Ensure reliable office personnel surround you
Stay connected with a risk management team
Keep pace with your rivals and competitors
Do not share the ownership of your IP or your company
Hire smart and effective individuals only Â
What are some MSME schemes for entrepreneurs in India?
Some of the major MSME schemes for entrepreneurs in India include:
Pradhan Mantri Mudra Yojana
Credit Guarantee Trust Fund for Micro & Small Enterprises (CGTSME)
Financial Support to MSMEs in ZED Certification Scheme
Credit Linked Capital Subsidy for Technology Upgradation (CLCSS)
Design Clinic for Design Expertise to MSMEs
Udyog Aadhaar Memorandum
Grievance Monitoring System
ASPIRE
Support for International Patent Protection in E&IT (SIP-EIT)
Single Point Registration Scheme (SPRS)
Credit Linked Capital Subsidy for Technology Upgradation (CLCSS)
In today’s competitive business landscape, providing exceptional customer experiences has become a key differentiator for companies looking to stand out from the crowd. With the rise of digital channels, it’s becoming increasingly important for businesses to leverage technology to manage and improve customer experiences. That’s where Customer Experience Management (CEM) software comes in.
Customer experience management refers to collecting, organizing, and tracking customer feedback (both negative and positive). It is necessary to ensure your customer gets a smooth and flawless experience while using your service. Customer experience management software does this job. Different approaches are adopted depending on the type of customer.
The software that provides tools to handle CEM strategies. By leveraging the data extracted from other software (such as ERP and CRM), CEMS helps paint an overall picture of customers’ purchasing patterns, preferences, feedback, etc.
In this blog, we’ll take a closer look at some of the best CEM software solutions on the market. We’ll explore their features, benefits, and pricing, to help you make an informed decision about which one is right for your business. So, lets dive in to discover the best CEM software to help you deliver exceptional customer experiences.
Why Should You Use Customer Experience Management Tools?
Before researching top customer experience management platforms, you should know about the use cases of CEM tools and when to use them.
CRM Software Market Revenues Worldwide from 2015 to 2025
Assigning Teams or Divisions Focusing on Customer Retention
Allocating resources to perform any task is both time and effort-consuming. So deriving conclusions from customersâ previous experiences helps in achieving the objective of customer retention. CEMS can fulfil this requirement and assist in forming the right team.
Marketing
Itâs possible to expand influence on social media platforms using management software.
Word of Mouth Publicity
Seen as one of the oldest publicity mechanisms, satisfied customers can create a ripple effect by encouraging others to use your businessâs product or service. One happy user refers you to the other, and the chain continues. CRMS can help you get that satisfied customer.
Freshdesk is a cloud-based help desk software that provides businesses with a range of tools and solutions to manage customer support inquiries and improve the overall customer experience.
It helps in Customer Experience Management by providing businesses with a cloud-based help desk software that streamlines customer support operations and improves the overall customer experience. With features such as ticket management, collaboration tools, automation, and advanced reporting and analytics, Freshdesk enables businesses to efficiently manage customer inquiries, resolve issues in a timely manner, and track key metrics related to their customer support operations. This helps businesses to identify areas for improvement and make data-driven decisions to improve the overall customer experience, ultimately leading to increased customer satisfaction and loyalty.
Khoros (previously Lithium) is a customer engagement platform that provides a range of tools and solutions to help businesses manage their online communities, social media accounts, and customer interactions. The platform is designed to help businesses create more meaningful and personalized customer experiences across a variety of channels, including social media, messaging, and online communities.
It is a solution meant to manage customer interaction via social media while broadening oneâs online presence at the same time. A prominent feature of the software is the option to create virtual communities. Apart from this, there are several response/listening solutions, and the users can easily promote their products and services with the help of brand influencers.
Pricing
Not provided by vendor. Please contact Khoros directly for pricing information.
Totango is a customer success platform that helps businesses optimize their customer journeys and improve customer retention. The platform uses data and analytics to help businesses understand their customers’ behavior and preferences, and provides insights to help businesses deliver personalized and relevant customer experiences.
The platform, now also available as enterprise-grade software, permits the generation of reports and views from customer data. Some of the parameters used by the software are account management information, product usage statistics, and business context. All of this helps in sending targeted messages to the customers. A notification system named âIntercomâ allows the user to get the client status through real-time data. The creation of custom segments can assist in coming up with marketing campaigns and monitoring their performance at the same time.
Pricing
Plan
Yearly Price
Community
Free
Starter
Annual contract starting at $249/month
Growth
Annual contract starting at $1,099/month
Enterprise
Custom Price
Appcues
Website
www.appcues.com
Rating
4.8/5
Free Trial
Available
Platforms Supported
Web, iPhone/iPad
Appcues Homepage
Appcues is a user engagement platform that helps businesses create and deliver personalized in-app experiences. The platform is designed to help businesses improve user retention, increase customer engagement, and drive conversions by delivering relevant and personalized experiences to their users.
A point-and-click editor makes the software popular in the CEM segment. Any user not familiar with the process of âonboardingâ can formulate product introductions and welcome messages with minimal effort. The software provides the ability to make âproduct toursâ that bridge the interaction between businesses and prospective buyers using language and name as parameters. The software user has complete control over the product tour. If onboarding is not your cup of tea, use Appcues to break this notion!
In addition, Appcues provides a range of integrations with popular CRM and marketing automation tools, such as Salesforce and HubSpot, to help businesses streamline their user engagement efforts and improve efficiency.
A content marketing platform developed as a plug-and-play social review app, Yotpo is meant for customer retention and generating new market segments with ease. It helps businesses generate and leverage customer reviews and other user-generated content (UGC) to drive growth and improve customer experiences. The capability of keeping track of each customer who inquires about a good or service or accesses the database is of great use. It aids in usage pattern generation to develop marketing campaigns. Software users can also produce product reviews that assist in sales generation. The application of USP is the capability of capturing user-generated content on Instagram, which helps in user conversion.
A customer engagement platform that makes navigating across websites and new software simple, WalkMe is a cloud-based solution rich with features. It includes notification bars and pop-up balloons. First-time visitors to your website can know which actions to prioritize while navigating through this CEM solution. The âShoutoutsâ feature of WalkMe notifies visitors about important messages, which helps to promote services and changes.
The platform is designed to help businesses create interactive and engaging experiences that guide users through complex workflows and processes, driving user satisfaction and business outcomes.
Pricing
They offer custom pricing plans. Please contact WalkMe for pricing details.
Zoho CRM Plus
Website
www.zoho.com/crm/crmplus/
Rating
4.4/5
Free Trial
Available
Platforms Supported
Web, Android, iPhone/iPad
Zoho CRM Plus – best customer experience management software
Zoho CRM Plus is a customer relationship management (CRM) software suite that provides businesses with a range of tools to manage their customer interactions and improve their overall customer experience. The platform is designed to help businesses streamline their sales, marketing, and customer service processes, and to provide a seamless, personalized experience for their customers across all touchpoints.
It allows you to teach people on the phone, via live chat, email, social media, and even in person to help businesses provide personalized and responsive support to their customers. Also, there is visitor tracking and email – analytics, which you can use to see what your customer is watching. It can help you to close the deal with them.
Ask Nicely is a Net Promoter Score (NPS) software platform designed to help businesses measure and improve their customer satisfaction levels. The platform provides businesses with a range of tools to gather customer feedback, analyze the results, and take action to improve their overall customer experience.
It gives you real-time customer feedback based on their experience and purchase. It automatically mails a set of a questionnaire consisting of two questions that the customers can answer quickly. It will help you to understand customer feedback, unsatisfied customers and their problems, online reviews, etc.
Pricing
They offer custom pricing plans. Please contact Ask Nicely for pricing details.
Userfeel
Website
www.userfeel.com
Rating
4.6/5
Free Trial
Available
Platforms Supported
Web, Android, iPhone/iPad
Userfeel – customer experience management tool
Userfeel is a user testing platform designed to help businesses improve their website and app user experience. The platform allows businesses to gather feedback from real users through video and audio recordings, as well as written feedback.
Consisting of more than 150,000 qualified testers in 40 speaking languages, it is an easy app to test the usability of the websites and apps.
The app gives a great feature which is videos of actual customers expressing their thoughts about your company, from which you can access a lot of feedback.
Pricing
Pay-As-You-Go Plan
Pricing Per Session
60 minute unmoderated with your tester
$30
60 minute moderated with your tester
$60
20 minute unmoderated with Userfeel panel
$60
40 minute unmoderated/moderated with Userfeel panel
$120
60 minute unmoderated/moderated with Userfeel panel
$180
Bitrix24
Website
www.bitrix24.in
Rating
4.1/5
Free Trial
Available
Platforms Supported
Web, Android, iPhone/iPad
Bitrix24 Homepage
Bitrix24 is a customer relationship management (CRM) and project management platform designed to help businesses manage their customer interactions, projects, and workflows. The platform includes a range of tools for communication, collaboration, and automation, making it a popular choice for small and medium-sized businesses.
It is another customer experience management platform that provides unlimited leads, deals, contacts, companies, quotes, invoices, and appointment scheduling. It also comes with email marketing and telephony. It is available in 18 different languages.
Zendesk is a cloud-based customer service software company that provides a variety of tools and solutions for businesses to manage and improve their customer support operations. Zendesk helps in Customer Experience Management by providing businesses with tools and solutions to improve their customer support operations. It offers multichannel support, efficient ticket management, automation, analytics, and CRM capabilities to ensure that businesses can provide a seamless and effective customer experience. This, in turn, helps businesses to increase customer satisfaction and loyalty, and ultimately drive business growth.
It is used by small dorm rooms to established companies, Zendesk has a name. It builds a help desk, call centre, and live chat software for better customer relationships. It has customers in 160 countries and territories.
Genesys PureCloud is a cloud-based contact center and customer experience solution. It is designed to help businesses of all sizes to manage customer interactions across multiple channels, including voice, email, chat, and social media.
Progressive IT and contact base operations that prefer rapid delivery use Genesys PureCloud. It is an in-one cloud contact centre solution. It provides 24/7 online support. It helps to manage and understand a smooth customer journey through all communication, voice, chat, email and text messages, and more.
The boom in CEM or CMX means more options to choose from. Even though the company’s motto is still “connecting people, process, and technology,” the variety of customer management tools suggests that there is something for every business needs!
Statista predicts customer relationship management software will generate $69.13 billion in revenue in 2022. By 2027, the market volume will reach $120.30 billion, representing an annual growth rate of 11.72% (CAGR 2022-2027).
There are many Customer Experience Management (CEM) software solutions available in the market today, each with its own set of features and capabilities. When selecting the best CEM software for your business, it’s important to consider your specific needs and requirements, as well as your budget. The suitable CEM software for your business will improve your and your customers’ relationship. It ensures your customer gets a smooth and flawless experience while using your service. Customer satisfaction and retention are crucial for business growth.
FAQs
What is Customer Experience Management?
Customer experience management (CEM) is the collection of processes a company uses to track, oversee and organize every interaction between a customer and the organization throughout the customer lifecycle.
What is the difference between CRM and CEM?
While CEM is about creating the best customer experience, CRM is about managing relationships while focusing on maximizing revenues. CRM is a tool geared to manage and analyze customer information, while CEM is a tool geared to enable and enhance customer interactions.
Why is CEM important?
CEM is important because it blends customer satisfaction, loyalty, retention, relationship management, user experience, experiential marketing, and customer-centricity.
Which is the best customer experience management software?
Zoho CRM, Zendesk, WalkMe, Yotpo, and Totango are some of the best customer experience management software.
Even if you’re not a natural wordsmith, having an eBook in your arsenal is a must for business owners and start-up founders alike. As the shift towards digital consumption continues to grow, eBooks offer a convenient and accessible way to share your expertise with a wider audience. eBooks have become a popular medium for sharing information and knowledge. They offer a convenient and accessible way for authors, business owners, and entrepreneurs to share their expertise with a wider audience.
However, creating a high-quality eBook can be a daunting task, especially if you’re not familiar with the tools and software available. You could hire a professional to handle the task, but this can be costly. Alternatively, you can take on the challenge yourself with the help of various software tools available in the market.
Navigating the plethora of options can be overwhelming, which is why we’ve curated a list of top eBook creation software for you. But before we dive into the list, let’s take a moment to consider the various eBook formats that your readers might prefer. The chosen format can also influence the software you ultimately decide to use, so it’s worth keeping in mind.
The Best Format For Your eBook
There are several eBook formats available. Here are some of the most popular eBook formats:
1. EPUB – ePublication
This is the most widely used eBook format and is supported by most e-readers and mobile devices. It allows for reflowable text, which means that the text can be resized and repositioned to fit different screen sizes.
2. PDF – Portable Document Format
The PDF is the most commonly used eBook format today. Whether your goals for publishing an eBook is to generate leads, sales or to build community – formatting it into a PDF will help you achieve your desired outcome. Authors who use the PDF format have the ability to deliver their eBook however they please as it is the most user-friendly format available.
3. MOBI
This format is specifically for Kindle readers. As Amazon dominates the lionâs share of global publication profits, formatting your eBook to Mobi will help you reach a larger audience. You might choose to refrain from using this format, and thatâs not a big deal but it might restrict your reach if you want to distribute your eBook through Amazon.
4. iBooks
This format is used by Apple’s iBooks app and can include interactive elements such as videos, images, and audio.
5. HTML
This format is used for eBooks that will be read on the web. It allows for easy integration of multimedia content such as videos, images, and audio.
Choosing the right format for your eBook will depend on several factors, including the type of content you’re publishing, the audience you’re targeting, and the devices you want your eBook to be compatible with.
How to Choose an ebook creator software?
Choosing the right eBook creator software can be a daunting task, especially with so many options available in the market. Here are some key factors to consider when selecting an eBook creator software:
Features: Look for software that offers a range of features, such as customizable templates, the ability to add multimedia elements such as images and videos, and the ability to create interactive content.
Ease of Use: Consider the software’s user interface and ease of use. It should be easy to navigate and use even for those who are not technically proficient.
Pricing: Check the pricing options and plans available for the software. Some software offers a one-time fee, while others may require a subscription or offer a freemium model.
Compatibility: Ensure that the software is compatible with the eBook formats you want to create and the devices you want to publish on.
Customer Support: Look for software with good customer support, including access to online resources such as tutorials, forums, and support communities.
Reviews: Check reviews and feedback from other users to get an idea of the software’s performance and reliability.
By considering these factors, you can make an informed decision and choose an eBook creator software that best fits your needs and requirements. Letâs get to it!
Top 6 eBook Creator Software Tools That You Can Use
If you’re looking to create an eBook, you may be wondering what tools are available to help you get started. One option is Microsoft Word, a popular word processing software that many people are already familiar with. While Microsoft Word may not be a dedicated eBook creator tool, it can be used to create basic eBooks with text, images, and multimedia elements.
The software is so common that people use and trust Microsoft Word for so many reasons. Itâs biggest advantage is its credibility and reliability when it comes to content creation. However, it’s only limitation is that you can create an eBook in PDF format.
But this can be easily remedied, as many online eBook distributors honor MS Word documents and will automatically format it for you.
If you’re looking for a free and easy-to-use tool to create an eBook, Google Docs can be a great option. Google Docs is a cloud-based word processing software that allows you to create and edit documents online. It’s accessible from anywhere with an internet connection and offers collaboration features that make it easy to work with others on your eBook. If you are new to writing and are under a budget, then this should be your go-to software.
The best part is that Google Docs offers two types of formats : PDF and ePub.
And if that werenât enough, Google Docs is a cloud-driven software, so you will never lose a document even if your computer crashed.
It makes for a great collaborative tool that allows multiple people to work on the same document simultaneously. Meaning, you can create your content and have other people give you feedback or edit your content at the same time.
Scrivener is a popular writing software tool that is commonly used by authors, screenwriters, and other types of writers. To create an ebook with Scrivener, you can export your project as an ePub or Kindle file.
It allows you to research, outline, write and view your notes all in one place and you can print your whole draft with a click of a button.
The only downside is that Scrivener has a bit of a learning curve, but to make things simple, it comes with built-in tutorials and is available for a modest price.
What makes this tool so popular is that it works with Mac, Windows, iPad and iPhone and has good organizing capabilities.
Ulysses is an ebook creation software especially tailored for writers, journalists, and other professionals who work with text. This software is exclusively for Mac,iPad and iPhoneusers, anyone who is serious about leveling up their writing content, Ulysses is the tool to use. It provides organizational tools, filters, writing goals, document attachment and automatic back up.
With a distraction- free, easy to use interface this tool is available on a subscription basis or you can simply pay once for lifetime use.
Vellum is a dedicated ebook creation tool that allows you to create professional-looking ebooks quickly and easily. Vellum is available for Mac OS and offers a range of features that can help you create high-quality ebooks that look great on any device. It also offers various format options to make your eBook visually appealing and command a readerâs attention.
Vellum will automatically format your PDF for print books and export your manuscript in ePub. You can download it for free but if you want to export to eBook, you will have to pay a fee.
As they have a pay-per-eBook option available, you can always take it for a spin without buying it outright.
Adobe InDesign
Tool
Adobe InDesign
Rating
4.8 out of 5
Free Trial
Available
Starting Price
$20.99 per month
Platforms supported
Web
Adobe InDesign – eBook Creator Tool
The ultimate software you need for eBook creation is Adobe InDesign. The reason it might not come up in other articles or content creator lists is because it stands out of all other software, InDesign demands time, patience and an eye for layout and detail.
If you want to create an interior which nudges your reader from one page to another without breaking their attention then InDesign, is for you.
You might be publishing a childrenâs book or a magazine. Using InDesign that syncs pretty well with other Adobe programs, you can add .psd or .ai files in your ebook with relative ease.
It also provides you with a lot of tools for resizing, layout and a number of templates for you pages.
Adobe InDesign comes with a monthly subscription and will format your eBooks in ePub or PDF. Even though this software might not be beginner-friendly, it tends to produce visually stunning interiors.
Overall, InDesign is a powerful ebook creator tool that offers a range of features to help you create professional-looking ebooks. If you are already familiar with Adobe tools and have access to the Adobe Creative Cloud, InDesign may be a good option for your ebook creation needs.
Creating an ebook can be a challenging task, but with the right tools, it can be made much easier. In this blog, we have discussed some of the top ebook creator tools available today, including Scrivener, Ulysses, Vellum, and Adobe InDesign.
Each of these tools has its own unique features and benefits, and the choice of which one to use will ultimately depend on your individual needs and preferences. With these top ebook creator tools at your disposal, creating a professional-looking ebook has never been easier.
FAQs
What is an eBook creation tool?
An eBook creation tool is software that allows you to create digital books in various formats, including EPUB, PDF, and Kindle. These tools often offer features such as customizable styles, automated formatting, and the ability to add multimedia elements to your book.
What are the 7 steps to create an eBook?
Here are the 7 steps to create an eBook:
Choose your topic and target audience.
Outline your eBook.
Write and edit your content.
Choose an eBook creator tool.
Format your eBook.
Design your eBook cover.
Publish and promote your eBook.
What are the benefits of using an eBook creator software?
eBook creator software can help you create professional-looking books quickly and easily, with customizable styles and layouts. They also offer automated formatting options, which can save you time and hassle when publishing your book.
Which eBook creator tool is the best?
The best eBook creator tool will depend on your specific needs and preferences. Some popular options include Scrivener, Ulysses, Vellum, and Adobe InDesign. Consider the features you need, your budget, and the level of expertise required to use the tool before making your final decision.
Can eBook creation tools help with distribution and publishing?
Yes, many eBook creation tools offer features that allow you to publish and distribute your book directly from the tool. For example, Vellum offers the ability to publish directly to platforms like Amazon and Apple Books.
Is InDesign good for eBooks?
Yes, Adobe InDesign is a great tool for creating eBooks.
The growing discipline of content operations can be defined as behind-the-scenes work of managing content activities effectively and efficiently optimally utilizing a mix of people, processes, and technology.
Within these three main elements, various roles make up the entirety of each one. People include content roles, content responsibilities, company culture, content leadership, and content training. Content supply chain, content workflow, content localization, content governance, and content templates form a part of the Process element. Technology encompasses content management, content automation, content intelligence, artificial intelligence, and content translation.
Why Does Content Operation Matter
Creating and managing content has faced an unprecedented change from digital disruption. There is a high demand for customer expectations from content. Content Operation helps in aligning activities and strategies in a way to makes scaling and repeating success easier while reducing failure. It also helps in maximizing content assets and efficiencies.
It helps in correctly matching people to specific roles
It creates and streamlines repeatable processes
It distinguishes between content maintenance and ongoing content innovation
It also helps in choosing technologies and tools with the right support features
It optimizes processes like content creation, delivery, and management
It optimizes learning opportunities for business innovation with content-driven products or services
Tools for Content Operation
Out of the three elements of an efficient successful operation, technology is an element that can be utilized to maximize and optimize output. These technological tools can help a business across all the many and varied functions of content operation. This is a list of a few important tools that could add great value.
A collaborative documentation tool that helps small and medium-sized businesses to create, share and update their knowledge base, Slite helps to facilitate team meetings and employee onboarding. It helps content-based businesses to keep track of ongoing projects, manage project plans and receive regular updates about team activities. The tool offers multiple types of templates that include any Q&As about projects, project plans, project start, etc., which helps in creating and editing various ongoing and new projects as per individual requirements. Some key features of this tool include document management, discussion boards, real-time editing, content management, full-text search, knowledge base management, and brainstorming.
Pricing
Slite offers three pricing plans: Free, Standard, and Premium. Have a look at the pricing details of each package.
Plan
Price
Free
$0
Standard
$6.67 per member, per month
Premium
$12.50 per member, per month
Airtable
Website
Airtable.com
Rating
4.6 out of 5
Free Trial
Available
Airtable – Top tool for Content Operation
Airtable helps create and share relational databases through its user-friendly interface that is simple, colorful, friendly, and easy to use. The tool can help in storing, organizing, and collaborating information on various topics like employee directories, product inventories, etc. Essentially a product management tool, it unifies and stores data in the form of spreadsheets with database functionality. Some key features of Airtable include its user-friendliness, familiarity with the product, automation, and seamless integration.
Pricing
Airtable offers four pricing plans: Free, Plus, Pro, and Enterprise. Have a look at the pricing details of each package.
Plan
Price
Free
$0
Plus
$12 per seat/month
Pro
$24 per seat/month
Enterprise
Contact Sales
Workello
Website
Workello.com
Rating
–
Free Trial
Available
Workello – Top tool for Content Operation
A skills-testing platform, Workello is a single dashboard that helps content strategists to source and hire better writing candidates. The hiring funnel can evaluate, test, interview, and send offer letters to new hires with a single click, thereby greatly reducing human effort. Workello is a tool that tracks applicants, automates the testing process as well as communicates making it an ideal content operation tool.
Pricing
Workello offers four pricing plans: Free Forever, Start, Grow, and Scale. Have a look at the pricing details of each package.
Plan
Price
Free Forever
$0 per month
Start
$99 per month
Grow
$49 per month
Scale
$124 per month
Zapier
Website
Zapier.com
Rating
4.5 out of 5
Free Trial
Available
Zapier – Top tool for Content Operation
This online automation tool connects different apps to automate repetitive tasks without coding or building a separate integration. Zapier conserves time by automating workflows that trigger one or more actions. This feature allows businesses to set up and activate a new âZapâ that will run its action every time the trigger event occurs. This particular tool is extremely helpful for content operation as it notifies editors when writers complete a particular piece. In effect, it is a glue that ties operations making it an easy and seamless flow.
Pricing
Zapier offers four pricing plans: Free, Starter, Professional, Team, and Company. Have a look at the pricing details of each package.
Plan
Price
Free
$0 per month
Starter
$19.99 per month
Professional
$49 per month
Team
$399 per month
Company
$799 per month
Wordable
Website
Wordable.io
Rating
4.0 out of 5
Free Trial
Available
Wordable – Top tool for Content Operation
Wordable is an app that is designed to work exclusively with Google Docs that can, then, be uploaded to WordPress. The app makes the transfer or uploads easier, especially as Google Docs and WordPress are both essential for working but do not seamlessly integrate. This tool allows for the transfer of written work from a team-friendly and collaborative environment to a publishing environment. The app is specifically designed for media companies, writing teams, blog editors, affiliate bloggers, etc.
Pricing
Wordable offers three pricing plans: Free, Do it Yourself, and Done for You. Have a look at the pricing details of each package.
Plan
Price
Free
$0 per month
Do it Yourself
$50 per month
Done for You
$500 per month
Zenbrief
Website
Zenbrief.com
Rating
–
Free Trial
Free training available
Zenbrief – Top tool for Content Operation
A free online tool, Zenbrief can generate content briefs containing guidelines based on top-performing sites like word count target, keywords to mention, frequency of keywords, internal and external links to include, and many more. It also allows the user to build reusable custom brief templates to remain relevant to the target audience. Zenbrief uses automation, data extraction, and NLP (Natural Language Processing) to deliver successful results.
Pricing
Zenbrief offers three pricing plans: Starter, Premium, and Pro. Have a look at the pricing details of each package.
An artificial intelligence program, Midjourney generates images called âpromptsâ from natural language descriptions. Writers can create free custom imagery for every blog post quickly and easily. Currently, the app is only accessible through a Discord bot on the companyâs official server. However, the company is working on a web interface that will soon be available in the market.
Pricing
Midjourney offers three pricing plans: Starter, Premium, and Pro. Have a look at the pricing details of each package.
Plan
Price
Basic Plan
$10 per month
Standard Plan
$30 per month
Pro Plan
$60 per month
Originality.ai
Website
Originality.ai
Rating
–
Free Trial
Available
Originality.ai – Top tool for Content Operation
In effect, Originality.ai is a tool that checks for plagiarism as well as acts as an AI detector for any content that is created or published. This tool is especially helpful if there is a need to manage a large team or to ensure that an entire websiteâs content is original and not created by AI. Other features of this tool include Team Management, Full Site Scan, Auto-Billing, Scan History by User, and AI Writing Detection Tool.
The cloud-based typing assistant helps review spelling, grammar, punctuation, clarity, engagement, and delivery mistakes in English texts. The tool also detects plagiarism and suggests replacements for these identified errors. Grammarly also allows users to customize style, tone, and context-specific language.
Pricing
Grammarly offers three pricing plans: Free, Premium, and Business. Have a look at the pricing details of each package.
Plan
Price
Free
$0
Premium
$30 per month
Business
$15 per month per member
Loom
Website
Loom.com
Rating
4.7 out of 5
Free Trial
Available
Loom – Top tool for Content Operation
An extremely helpful video recording and screen sharing tool that includes quick recording, screen sharing, link sharing, video editing, emoji reactions, comments, access controls, and advanced reporting, Loom helps businesses in increasing productivity. Other features of this tool include setting privacy filters, trimming, editing, and adding CTAs and custom thumbnails.
Pricing
Loom offers three pricing plans: Starter, Business, and Enterprise. Have a look at the pricing details of each package.
Plan
Price
Starter
$0
Business
$8 per creator/month (annually)
Enterprise
Contact Sales
Geekbot
Website
Geekbot.com
Website
4.6 out of 5
Free Trial
Available
Geekbot – Top tool for Content Operation
This particular tool helps businesses to run stand-up meetings in Slack and MS Teams, asynchronously. It reduces time spent in meetings and reporting while allowing users to keep abreast of various tasks and projects. Its automated system allows the user to send questions at a time of choice and then broadcasts the responses in Slack or MS Teams. This app is extremely useful for businesses that work in different time zones.
Pricing
Geekbot offers three pricing plans: Start-up, Scale-up, and Enterprise. Have a look at the pricing details of each package.
Plan
Price
Start-up
$0
Scale-up
$2.5 per participant/month
Enterprise
Contact Sales
Conclusion
Content is the new gold. Managing that content effectively determines the level of success. Customers, today, are looking for original content that adds value to their knowledge. Hence, the content operation becomes necessary to ensure that delivered blogs or articles are the writerâs original work. This is where technology plays an important role. There are many other tools available in the market and businesses can choose one that is best suited to their needs.
FAQs
What does content operation help in?
The content operation helps in –
It helps in correctly matching people to specific roles
It creates and streamlines repeatable processes
It distinguishes between content maintenance and ongoing content innovation
It also helps in choosing technologies and tools with the right support features
It optimizes processes like content creation, delivery, and management
It optimizes learning opportunities for business innovation with content-driven products or services
Name a few content operation tools.
Below is a list of a few important content operation tools-
In recent years, the concept of remote work has gained significant momentum, with the COVID-19 pandemic accelerating the shift towards flexible work arrangements. As a result, many companies have started offering permanent work from home options to their employees, recognizing the benefits of remote work for both the employee and the organization.
In addition to permanent work from home, many companies are also adopting a hybrid model that allows employees to work from home part of the time and come into the office for the rest.
Permanent work from home companies
In this article, we will explore some of the companies that are leading the way in offering permanent work from home and hybrid options to their employees.
Up until the novel coronavirus declared its existence, corporates were ruled by unforgiving and orthodox work settings where an employee almost lived a robotic life. This changed almost overnight since companies were forced to resume day-to-day activities to keep maintain the corporate status quo.
A lot has changed during the pandemic when employees were made to resume work from home. Companies made sure that everything is made available to them to keep the show running.
But as we move on to the post-pandemic world, corporate offices have dissolved so many of their office spaces and the employees are being asked to work from home on a permanent basis, while others have resorted to hybrid work cultures.
Companies Embracing Permanent Work from Home Culture
As we settle into the post-pandemic world, companies are willing to adjust and continue working from home as the ânew normalâ. Many companies have asked their employees to work from home as a permanent solution.
Grow your business with Coursera. Learn top skills and thrive
Level up your business skills with Coursera courses. From marketing to management, our courses are designed to equip you with the latest knowledge and expertise. Learn from industry leaders and top educators, and earn a certificate to showcase your new skills. Enhance your career prospects and take your business to the next level. Start learning now and join the millions of professionals already on Coursera.
Atlassian is an Australian software company that manufactures and develops collaboration, management, and issue tracking software for the teams. The software company based out of Sydney, New South Wales, had effectively dealt with the Covid-19 pandemic by providing work from home for its employees.
The company announced permanent work from home for its employees first on August 8, 2020. Atlassian disclosed the all-new âTeam Anywhereâ policy in April 2021, which further cemented its decision to work from home.
Under this policy, the company allowed its employees to work from any location in a country where Atlassian exists as a corporate entity provided that the employee has the legal right to work and is aligned together with his/her team members, bound by the same time zones.
2. Brex
Brex is a fintech company headquartered in California, United States. The company is well-known for its distinguished credit cards and effective cash management solutions that they extend to their customers.
Though the COVID-19 posed a problem to many firms around the globe, Brex was one of the companies that tackled it efficiently. Brex announced work from home to be permanent for its employees on September 14, 2020, and emerged as a remote-first employer.
In Dec 2022, Brex cut its workforce by 11% bringing down its employee count to about 1,150 personnel.
3. Coinbase
Coinbase is a US-based company that acts as an online platform and allows merchants, consumers, and traders to transact with digital currency.
Headquartered in San Francisco, California, Coinbase allows its users to create bitcoin wallets, connect them to their bank accounts and then start buying and selling bitcoins. Coinbase has shifted to work from home ever since the coronavirus pandemic broke in.
Later in 2020, the company further announced that it will serve as a remote-first company, which will allow its employees to work from home for an indefinite period whoever chooses to do so.
Coinbase is minimizing its offices in a single location in order to distribute its offices far and wide and expand its geographical presence. The company is truly operating on a remote work basis and lacks a physical headquarters.
In Jan 2023, it laid off 20% of its workforce to reduce its operating expenses as part of a global downturn.
Dropbox is based out of the USA with its headquarters in San Francisco, California. A smart workspace company, Dropbox makes it easy for its users to store their files, share them securely and collaborate without any hassles.
The California-based company file-sharing firm hasdeclared work from home from March 6th 2020 onwards. Dropbox then announced that it will emerge as a virtual-first company in October 2020.
It also has plans of launching Dropbox Studios as collaborative spaces in its office locations. Furthermore, Dropbox agreed to follow the nonlinear workdays and allow their employees to design their own work schedules.
Dropbox conducted its first ever virtual survey in Feb 2023 to gauge the effectiveness of work from home and found that nearly all of its employees were able to work effectively from home.
Novartis is a healthcare company from Basel-Stadt, Switzerland that offers pharmaceutical and healthcare solutions to its customers from all over the world.
The Swiss healthcare company already had a manager-approved work from home policy for its employees.
Soon after the strike of the pandemic, the company opted for work from home policy and in July 2020, it further announced a shift from manage-approved work from home to manager-informed work from home.
To clarify things, Novartis has already declared that its employees can choose how, when and from where they would be working post-pandemic.
In 2021, Novartis management implemented a âChoice with Responsibilityâ program, which offers flexibility to its employees regarding where, when and how they work.
6. ONVU Technologies
ONVU Technologies is an information technology company based in London, UK, with its offices operating globally. Some of the major locations that ONVU Technologies has its offices in include India, the USA, and Turkey.
The company has already announced a fully remote workforce back in the month of February. Ragini Sidhu, Human Resources VP, mentioned that ONVU Technologies is confident about its decision to work from home, which will enable the employees to adjust their time according to their preferences. This entirely comes from the trust that it places on the employees.
Distribution of Office Employees by Their Preferred Working Arrangements Worldwide in 2022, by Generation
7. Quora
The world-famous Question and Answer platform, Quora, is based out of California, with its office in Mountain View city of California, US. Quora allows numerous people from all around the world to post on the platform commenting on topics of mutual interest. The sole aim of Quora is to gather knowledge and expand its database of Q&A.
The Q&A giant has embraced a remote-first model early in the month of June 2020, during the COVID-19 pandemic, Adam D’Angelo announced that Quora would permanently allow for remote work.
The company has stated that more than 60% of its workforce had preferred doing work from home even post-Covid19, which is why they have made such a decision. The headquarters of the office in Mountain View would be emerging in a co-working space where only the cameras need to be turned on as part of their criteria.
One of the most popular social media platforms of the world, Twitter helps its users create micro-blogs of around 280 characters called Tweets and share their own views on their Twitter profiles concerning anything. The company operates from its headquarters in San Francisco, California, United States.
In May 2020, Twitter’s previous CEO and co-founder Jack Dorsey announced staff could work remotely indefinitely as the coronavirus spread across the country. After his Twitter takeover, Musk took a dim view of remote work, making in-office presence one of a handful of policy changes that he initially enforced before shifting his stance on following a wave of employee resignations.
First, in early November 2022, Musk said that Twitter employees must work 40 in-office hours a week. Then, he revised this to say that their managers could allow those who were âmaking an excellent contributionâ to work remotely.
Then in 2023, Twitter began shuttering offices, including in Seattle, Singapore and India, saying that staff could continue to work remotely in each location that was affected.
9. Shopify
The cloud-based multichannel platform headquartered in Ontario, Canada helps small and medium-sized businesses to create, design, and manage their stores and across multiple sales channels.
The company avoided confusion and decided to go to work from home since the pandemic struck. The physical offices of Shopify remained closed till 2021 when they were worked on to establish the required facilities to support working in the pandemic condition. Furthermore, Shopify had also let its employees know of the permanent switch to remote work via the tweet from the CEO of the firm.
In 2023, it cancelled all recurring meetings involving more than two people âin perpetuityâ. Besides, it has also introduced a rule saying no meetings at all can be held on Wednesdays. The companyâs latest guidelines stated that big meetings with more than 50 people can only be held during a six-hour window on Thursdays.
Slack is a California-based enterprise software platform that helps individuals and professional teams working under a company to communicate without any hassles. Slack was acquired by Salesforce on December 1, 2020.
Slack swiftly shifted its workforce to work from home as soon as the pandemic broke out and then decided to make it a permanent way of work. In Apr 2022, CEO of Slack remarked that he canât see full-time in-office work ever returning and companies that push too far will lose talent.
11. Spotify
Spotify is a Sweden-based commercial music streaming service that extends a world of songs and music albums from diverse record labels to its members and other individuals. This company has quickly embraced the work from home policy for its employees as soon as the shadows of the Covid-19 pandemic started hovering over the world.
The music streaming company further confirmed in February 2021 that it has decided on a work from anywhere policy for its employees. According to this policy, Spotify employees can work from home or office, wherever they want, even after the pandemic ends. However, the decision should be a unanimous one, which will be decided between the employees and their managers.
Furthermore, the employees can even work outside of their city or country too, even at places where there aren’t any Spotify offices. Moreover, they can also obtain membership of Spotify co-working spaces, which they have set up in all those areas where they do not have any offices. The company reported a drop in its attrition rate by 15% in Q2 2022 in comparison to Q2 2019, a positive outcome of this policy.
Square is a financial service, merchant services aggregator and digital payments platform headquartered in San Francisco, California, and founded by Twitter CEO, Jack Dorsey, and Jim McKelvey.
California-based Square, Dorseyâs company, was soon to follow the work from the home policy after Twitter agreed on it. Furthermore, the company also announced that they will allow their employees to continue working from home and anywhere they want to work from. However, only the employees whose physical presence is needed in the office have to work from the office.
13. Upwork
Upwork was founded in 2015 and is based in Santa Clara, California. It is a digital platform for freelancers around the globe where enterprises, entrepreneurs, and others offer short-term and long-term freelancing works for those who are eligible for them.
With the strike of the coronavirus pandemic, Upwork didnât delay providing their employees with work from home opportunities to keep up with their productivity. The remote job listing platform then decided to practice what it preaches and in May 2021, with the Twitter announcement of CEO Hayden Brown, the company became a remote-first company. Square, is now a permanent work-from-home company.
Zillow is an online real-estate company from Seattle, Washington, founded in 2006. It offers a platform for its users who are looking for information regarding homes, real estate, and mortgages.
According to Dan Spaulding, Chief People Officer of the company, the employees can work from anywhere where they can be productive.
For this, they can choose to work from the office, from home, or a combination of both. As of 2023, 74% of its employees work remotely, 12 % work in Hybrid settings, 12 % are field employees and only 2% are office employees.
15. Tata Steel
Tata Steel Limited is an Indian steel manufacturing company. Originally founded in Jamshedpur as Tata Iron and Steel Company (TISCO) by Jamsetji Tata in 1907, Tata Steel Limited is currently headquartered in Mumbai, Maharashtra. The company now sees its operations across 26 countries with key operations in India, Netherlands, and United Kingdom, employing around 80,500 people worldwide.
Right from when the pandemic started dangerously spreading far and wide in 2020, Tata Steel declared a work from home policy for its employees. The company further announced on November 1, 2020, that it has embraced an âAgile Working Modelâ policy for its employees from then onwards.
Under this new working model, the employees of Tata Steel could opt to work from home (WFH) for up to 365 days a year. Furthermore, even the officers who were required to be based out of a particular location can choose to WFH for an unlimited number of days per year.
16. Facebook/Meta
The social media behemoth Meta, which was formerly known as Facebook, Inc., is based in Menlo Park, California. Originally founded in 2004 as TheFacebook by Harvard university graduates, Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes, the social media platform adopted the name Facebook ( Meta) and became incredibly popular all across the globe.
Meta had already been allowing its employees to work from home or wherever they find fit. The founder of the company, Mark Zuckerberg deems that the shift to remote work will be a lasting one at Facebook, which will allow its employees to work from wherever they can be live. Therefore, it is a permanent work from home for the employees of the worldâs largest social network.
“We believe how we work is more important than where we work,” said Facebook when it shared an update to its remote work policy.
Meta has started an “office deferral program”, as per the reports dated December 8, 2021. This plan will help the Meta employees gain flexibility enough to return to their offices because a majority of the employees might not be confident to return back to their offices.
In Mar 2023, Mark Zuckerberg in a memo highlighted the findings of a new internal study which revealed that engineers that worked in person performed better, thus hinting at end of work from home for Facebook employees.
17. Swiggy
Swiggy is a popular food delivery platform based in Bangalore, India. Founded in 2014, Swiggy has rapidly grown to become one of the largest and most well-known food delivery companies in India, serving millions of customers across the country.
The foodtech decacorn,Swiggy announced a work-from-anywhere policy for most of its roles, as per news dated July 29, 2022. The popular food, and grocery delivery service company has extended its “Future of Work” policy, under which the Swiggy executives will work remotely from wherever they want and will meet on every quarter.
The Swiggsters or the employees of Swiggy are currently working from 487+ cities across 27+ cities and 4 UTs. Swiggy arrived at the decision of letting a significant portion of its workforce work from anywhere after learning the team’s needs and receiving feedback from both the managers and employees of Swiggy.
Popularity of Remote Jobs in India in 2021 and 2022, by Age Group
Companies Going for a Hybrid Model
Now letâs look at the offices that have decided on a hybrid model for the benefit of themselves and their employees:
Google, the Search engine giant from the United States, didnât hesitate to go to work from home as soon as the pandemic broke out. It was a work from home throughout for the employees of Google in 2020 when the situation turned worse in America and elsewhere in the world.
Though there were words that Google will open its offices in 2021, according to the latest announcements of the Search Engine behemoth, the employees can continue working from home through June 2021. CEO of Alphabet and Google, Sundar Pichai also declared that those who need not be present at the offices for their work can continue their voluntary work from home for 12 more months.
In Apr 2022, Google evaluated its work-from-home policy and made it mandatory for employees to be in the office for at least three days each week. In Oct 2022, Google made further refines to its policy and allowed four weeks of âwork from anywhereâ in a year. In Jan 2023, Google allowed its employees to work from home on Fridays to absorb the difficult news of parent company Alphabet laying off 12,000 people.
The American multinational automobile company based in Dearborn, Michigan, United States, maintained a work from home policy for its employees when the pandemic struck. It then conducted a work preference survey in June 2020, where around 95% of the companyâs employees preferred a combination of work from home and work from the office over working from either of the places permanently.
The Michigan-based vehicle manufacturers made an announcement on March 17, 2021, to opt for a hybrid working model for their employees. According to the announcement, Ford employees based in the United States can join their offices from July onwards for small team meets, if they want to. This option was, however not available to workers at the factory.
The software developer and marketer of software products based in Cambridge, United States, preferred to stick to a work from home policy in 2020, the year the pandemic went into a rage. However, with the start of the new year, in January 2021, Hubspot came up with 3 options for the employees where they can work from home, work from the office or opt for a hybrid model.
It also stated that those who want to work from the office can only do so for 2 days a week, where they will be allocated hotel desks. Furthermore, the employees choosing any of the above options can also change their working plans once a year.
HubSpotâs 2023 Hybrid Work Report highlighted the work preferences by its employees: 63.4% preferred work from home, 8.3% in the office, and 28.3% flex, a combination of the two.
4. Intuit
The financial software developer from California, Intuit Inc. is another company that chose to go for a hybrid model after the severity of the coronavirus pandemic lessened. The Quickbooks company declared their preference of opting for a hybrid work model that would be in effect from August 2021 onwards in April.
The decision that Intuit made was based on a survey of its employees where only 14% of the Intuit employees said that they want to work from home. The Inuit employees who want to work from the office can work 2-3 days a week.
Intuit is not imposing a return-to-work policy, but rather is allowing managers and teams to determine the hybrid work approach that best benefits them. It is also revamping its workspaces to give its workers an experience that they canât get at home, thus more willingness to embrace the offices.
5. Microsoft
The American software giant, Microsoft, shifted to work from home to avoid the pandemic woes. Microsoft unfolded greater flexibilities around its work policy in October 2020. The company declared its hybrid work policy in October 2020, where Microsoft stated that its employees can telecommute for half of the week or might also have the option for permanent remote working, which they can go for with prior manager approval.
In Jan 2023, Microsoft announced a dramatic new policy âDiscretionary Time Offâ for its US employees. Kathleen Hogan, Microsoftâs chief people officer stated that Microsoft will offer 10 corporate holidays, leaves of absence, sick and mental heath time off, and time away for jury duty or bereavement alongside this new unlimited time off policy.
The engineering and electronics company from Germany, Siemens was yet another company on the list of the companies that are preferring a hybrid work model in sharp contrast to those who are opting for work from the office or work from home. (Know all about the subsidiaries of Siemens)
The Munich-based electronics manufacturer declared in July 2020 that its employees can telecommute 2-3 days a week and this shall continue even after the pandemic sees its end. The working policy would be applicable for 1,40, 000 employees of the company based out of 43 different countries.
7. Nationwide
The financial institution from the United Kingdom decided to let its employees work from home while the pandemic was still strong and following this the company also ramped down many of its small offices spread across the country.
Most of the employees that worked in these offices were thus granted permanent work from home. However, Nationwide opened 4 corporate offices of the company in Ohio, Iowa, Arizona, and Texas where they will continue to work from the office.
As of May 2022, 50% of its employees worked from home. Now catering to work from home and hybrid employees, Nationwide has spaces where people can come in to work by themselves in a pod or in a group in one of the collaborative spaces.
8. Reddit
The social news aggregation, web content rating, and discussion website founded in Massachusetts, United States, has granted work from home for their employees during the pandemic days. However, the company announced later in October 2020 that Redditâs employees can decide which model of work they will be comfortable in.
The options were working from home, working from the office, and a combination of both of them. Most of the employees were flexible to decide their work model except facility and IT employees, who cannot work from home and will be required in the office.
For the payment of the employees, Reddit decided to pay its employees as per the payment standards in expensive areas like San Francisco and New York.
9. Salesforce
Salesforce is an American cloud-based company from San Francisco that offers enterprise-level applications, customer relationship management services, and more. The cloud-based customer service provider surveyed its employees and most of them (around 80%) were interested in keeping a close connection with the physical office space.
This is why Salesforce, which already decided to be flexible for the employees to choose their work preferences, decided that it will embrace a flex policy, which is similar to hybrid work culture.
In such a work model, the Salesforce employees would have to work from the office 1-3 days a week and for the rest of the days, they can work from home uninterruptedly. Salesforce announced reducing its workforce by 10 per cent in January 2023.
10. Amazon
One of the Big Five in the U.S, Amazon climbed the ladder of popularity via its eCommerce. The company started as an online marketplace for books and has eventually expanded to offer a range of products across countless industries.
The Jeff Bezos-founded company now stands as an American multinational conglomerate that focuses on eCommerce, cloud computing, digital streaming, artificial intelligence, and more. The company has often been cited as “one of the most influential economic and cultural forces in the world” and popularly dubbed as âthe worldâs most valuable brand.â
Amazon had previously announced that it expects its employees to return back office on September 7, 2021, however, this later shifted to 3rd January 2022. The company has told employees to return to offices three days a week starting May 1, 2023. Thatâs after CEO Andy Jassy said in October 2023 that managers would be able to decide how often, if at all, their staff should come in.
11. TCS
Indian IT giant, Tata Consultancy Services (TCS) is a multinational company from India, headquartered in Mumbai, Maharashtra. TCS is a subsidiary of the Tata Group, which has its offices in around 149 locations and across 46 countries of the world. Furthermore, TCS is also recognized as the largest IT services company in the world by market capitalization.
As soon as the pandemic started to spread like wildfire, TCS caught the drift immediately and decided to allow its employees to work from home. Around 97% of the TCS employees were working from home in September 2021.
The brand has shifted to the Work from Anywhere policy and has been following the same since March 2020. Last year 2022 TCS informed their employees to come back to offices 3 days a week according to the roster set by their team supervisor.
âThe future of work will be somewhat hybrid where some people will work from home, sometimes people will come to the office. So, the hybrid will likely be the new normal,â said the Chairman of the company, Natarajan Chandrasekaran.
Infosys is an Indian multinational company that is known for its services in information technology. The company was founded more than 40 years ago in Pune and is currently headquartered in Bangalore. Infosys is known as the second-largest IT company in India after TCS. It is also one of the oldest IT companies in the subcontinent.
Infosys, much like many other IT companies, have decided to allow their employees to work from home ever since the coronavirus pandemic has hit hard. According to the previous reports,the company had announced that it will be exploring a flexible hybrid work model for its employees starting from 2021 owing to the uncertainty of the pandemic.
At a virtual event, addressing the work from home policy of the company, Infosys CEO & Managing Director Salil Parekh said that the company has already been successful in building a flexible model with regard to work from home, and now, it is time to start work on building ‘social capital’.
13. Wipro
Yet another Indian multinational corporation Wipro, might be going for the hybrid model of work. The company that allowed its employees to work comfortably from home during the coronavirus pandemic has given enormous hints that it would be starting a hybrid work policy even after things come back to normalcy.
Wipro founder Azim Premji has appreciated the hybrid work concept adopted by the tech companies during the pandemic times. He also pointed out that more than 90% of the technology companies’ employees continue to work from home till the present.
Wipro was founded in 1945 by Mohamed Premji in Amalner, Maharashtra and now has its headquarters in Bangalore, Karnataka. It is presently ranked as the 9th largest employer in India with over 200,000 employees.
In Nasscom Technology and Leadership Summit 2023, Wipro chairman Rishad Premji said that he wants employees to return to workplaces and get over the work from home mindset. Wipro had ended its work from home policy in 2022 and now offers fully office based and hybrid models to its employees.
Maruti Suzuki India Limited or Maruti Suzuki, as it is popularly termed, is an automobile manufacturing company based in New Delhi. The company initially started in 1981 as Maruti Udyog Limited and was owned by the Government of India until 2003, when it was finally sold to the Suzuki Motor Corporation.
Maruti has also thought it fit to let its employees work from home since the coronavirus pandemic broke out. The company has further declared in 2021 that âthere will be a section of people who can completely work from remote locations without the need to come to the office.â
15. Philips
Philips is a popular Dutch multinational company that was originally founded as Koninklijke Philips N.V in 1891. Headquartered in Amsterdam and Eindhoven, Philips was hailed as one of the largest electronic companies in the world. The company is currently focused on the healthcare industry and is striving to develop unique electronic products to transform the industry.
Philips had also announced work from home for many of its employees since the pandemic onslaught in 2020. However, a major portion of its workforce who are associated with the healthcare industry also needed to visit their offices almost every day during the pandemic.
These employees were either involved with the healthcare providers or engaged in treating the coronavirus-affected patients in an attempt to fight against the dreaded disease. Philips employs over 100,000 professionals across 100 countries around the world and offers full-time and part-time, hybrid and 100% remote jobs, some of which have featured flexible schedules.
Ever since the pandemic forced everyone to literally lock themselves up in their homes, corporate employees have seen the silver lining in staying away from offices. No hectic commutes, spending time with friends and families, and better productivity are some of the positive changes that employees are seen marveling at.
Benefits of Working from home
Employers too are not far from noticing these changes and also seeing the perks attached to them. Saving up on office space, electricity, supplies, and other expenses, employers have found ways to get work done remotely and more so, efficiently.
In a study conducted by Leadership IQ, the State of Working From Home, only 9% of the employees said they wanted to get back to their offices. The rest 91% stated that they would prefer working from home permanently while 39% of them theyâd like hybrid work culture.
Working from home is going to be the near future for most employees and none of them seem to bat an eyelid. Companies have now learned that work done remotely is giving them better results and employee retention has gone far from disappointing.
Conclusion
Employees are now experiencing the new normal and adding their own terms to it by rerouting back to lost hobbies and passions. Taking care of the elderly and sick at home, helping spouses share the household chores, and sharing the responsibilities towards kids is now the new normal.
Zoom calls have transformed office meetings with interruptions by pets and babies. People are less anxious and trying to do more in every aspect. The quality of life has surely turned around as work from home is becoming a permanent thing.
FAQs
Which are the companies working from home permanently?
Some of the companies that are presently embracing the Permanent WFH Culture are:
Atlassian
Brex
Coinbase
Dropbox
Novartis
ONVU Technologies
Quora
Twitter
Shopify
Slack
Spotify
Square
Upwork
Zillow
Swiggy
Are employees who work from home more productive?
Yes, most data show that employees are more productive in remote work. Statistics reveal that 77% of the employees who work from home show increased productivity at least a few times each month, while 30% of them have also been discovered to do more work in less time.
Why companies should let employees work remotely?
Companies today should let the employees work from home because it boosts employees’ productivity, bears lesser costs for the companies, helps in employee retention, and also ensures a flexible work culture to be followed.
What are the benefits of the permanent work-from-home model?
Better flexibility for the employees, less commute time, cost-savings for companies, and to an extent for employees too, more independence are some of the benefits of wfh (work from home) model.
What is Hybrid WFH?
The hybrid working model is a location-flexible arrangement, allowing employees to combine onsite and offsite work as they and their employers see fit.
What are the top remote-working tools?
Google Drive, Dropbox, Zoom, Microsoft Teams, and Google Meet are some of the top remote working tools.
Baishali Das Adhikari
