Starting up a business is a stressful and costly endeavor. As an entrepreneur, you would be faced with a lot of decisions that can either make or break your business. One, if not the most important investments you have to make is in a reliable business phone system and compatible services like 1300 numbers that work best for your needs. To help you make this decision, let’s evaluate the value and cost of 1300 numbers for your business.
Does it have value?
Most people confuse value with price. Although related, these two aren’t one and same. More than what’s written on a price tag, value refers to the usefulness of a product or a service. For decades, the usefulness of inbound numbers for business has remained constant. Thanks to the low cost of 1300 numbers, it remains to be the best option for small businesses and startups that want to project a larger and reliable image to their market even while still on the startup phase.
Is the cost justified?
As a customer, price is always perceived as negative until the product or service can justify its value. On the other hand, as an entrepreneur, all costs must make a return on investment in order to make profit. 1300 numbers require a minimal cost, but provide more value to a business. As a marketing tool, its high recall ability creates more opportunity to attract new business and grow the existing customer base.
You can also use different numbers for each of your marketing channels and determine which ones are making ROI simply by checking your call data through online reporting tools. The free reporting tools that come with it becomes a valuable source of business intelligence, providing insight on where customers are located, when they typically reach out, and how long do these interactions over the phone last. Having these information not only allow you to focus your attention and capital on efforts and areas that show potential for profit, but also help in sound decision making.
Will its worth diminish over time?
Your 1300 number should not just be desirable at the moment, but have stable intrinsic value over time. Its worth will depend on both your business preferences and societal context. Because it is virtual, its usefulness does not diminish over a long period. Since it does not require any physical hardware or wiring, there is no need to change numbers even after moving locations. Despite the popularity of the internet, studies have shown that majority of customers prefer to make calls to the business instead of completing a purchase online.
Despite providing all necessary information online, the human factor still prevails when it comes to closing a sale. With that said, the future of 1300 numbers remains bright, keeping it far from becoming an obsolete technology. After deciding on getting a 1300 number for your business, the next step is to find a reliable provider that will give you the most bang out of your buck. Our specialists at 1300 Numbers Australia can help you choose a plan that will not only work for you, but provide additional value to your own customers. Call us at 1300 50 10 50 to talk one of our business consultants today.