What is Digital Transformation?

[rifat28dddd]

Let’s start by understanding what Digital Transformation means.

The term digital transformation refers to the changes and adaptations companies must undergo in order to adapt their business to new technologies, but especially to new consumer preferences and behaviors.

This change is unavoidable. Your business has to adopt new technologies and trends and integrate that change into all areas of your business to achieve fundamental changes in operations. This translates into delivering value to your customers through a consistent experience, whenever and wherever they need it.

The good news is that when your company does transform sweden telegram data digitally, you’ll create a community of highly engaged customers, meaning they’re:
Six times more likely to try a new product or service from their preferred brand.
Four times more likely to refer your brand to their friends, family, and connections.
Two times more likely to make a purchase with their preferred brand, even when a competitor has a better product or price.
Plus, they’ll buy 90% more frequently, spend 60% more per purchase, and have 3x the annual value (compared to the average customer). What this means is that companies that have embraced digital transformation are 26% more profitable than their peers!

A crucial aspect of digital transformation is to understand your customers and their ever-changing needs and wants.