The Power of Mobile Technology for Today’s Entrepreneurship – NoruRazak

THE POWER OF MOBILE TECHNOLOGY FOR TODAY'S ENTREPRENEURSHIP

MOBILE TECHNOLOGY

First and foremost, the present generation, known as the Alpha generation, is well-versed in mobile technology. This technology is employed by people of all ages, young and elderly alike. Since the early 2000s, they have been exposed to mobile technology. People frequently mention mobile technology; what precisely is this mobile technology? So basically, as the name says, mobile technology is a portable technology. This technology can be defined as any device having internet capabilities that can be accessed from wherever the user is to make it simpler for them to accomplish work and duties, as well as connect with people who are far away. It is, certainly, highly useful and beneficial to users in a variety of ways. Mobile has been so popular that it now represents more than half of all devices we use daily. Smartphones have become the most popular and commonly used mobile devices, and for good reason.

The technology is portable, pocketable, and has several uses. It also keeps us linked to one another and is crucial for businesses to stay in touch with their customers. Most consumers nowadays have access to a smartphone, although any mobile phone may be termed mobile technology. As a result of having, smartphones, tablets, and laptops are among the most common mobile devices that are being used today. There are several devices to pick from, making it simple to find one that matches all of your requirements. Tablet devices, like smartphones, provide many of the same benefits. There are several device options accessible, making it simple to select one that fulfils all of an entrepreneur’s requirements. It also offers many of the same benefits, but on a wider scale. Tablets perform well in applications that need a bigger display and a longer battery life.

Tablets, which often run the same operating system as smartphones but have more powerful components, are more portable than laptops with many of the same features. Entrepreneurs may use this tablet for marketing without worrying about the battery draining rapidly. Further, laptops have long been popular among entrepreneurs since they offer the functionality of a desktop computer while remaining portable. We may be using the same operating system and apps, so there is no learning curve for the device. Advantages have included a full-sized keyboard, identical input and output ports, and the ability to connect an external monitor. Modern laptops, an evolution from previous laptops, come in a range of sizes, but basically, all have two-way network access and may be used in several contexts. Entrepreneurs, for example, must utilize laptop computers to ensure that business operations operate effectively.

So, how might this mobile technology help assist entrepreneurs in starting new businesses? To begin with, the availability of mobile technology can assist entrepreneurs in a variety of functions such as social media marketing, email marketing, internet advertising, mobile websites, and mobile/tablet-based POS systems, which allow entrepreneurs to receive payments from customers while also tracking sales and managing business operations more effectively. Only mobile technology allows entrepreneurs to operate their businesses. An entrepreneur may work from anywhere and does not need to be in their business or workplace. The enhanced capacity to interact within and outside the workplace using mobile technologies is highly beneficial. At the same time, entrepreneurs may save time and money by dealing with several consumers at once.

Secondly, mobile technology may assist entrepreneurs in checking or update their business inventory without being required to visit the supplier’s location. Before technology, entrepreneurs had to go to the supplier’s store directly to see and pick up the things they intended to order every month for their business. They should manually verify the stock of products by inputting the information or data of the goods in the book properly. This not only makes it tough for entrepreneurs and suppliers, but it also makes it difficult for customers since they receive defective or wrong items. At the same time, it might result in large losses for enterprises if they continue to make order mistakes.

As a result of the change, every entrepreneur should embrace mobile technology to assure the efficiency and productivity of their business in a decent and orderly manner. Many entrepreneurs nowadays exclusively maintain their business inventory utilizing mobile technologies such as phones and computers. All previous orders and new goods may only be ordered through internet. Mobile technology allows entrepreneurs and suppliers to communicate about items without meeting face-to-face. It has influenced entrepreneurs in terms of the quality of services supplied to suppliers and consumers, allowing them to have assurance in the services provided by entrepreneurs. With this technology, product stock mistakes may be decreased as well.

The third one is that entrepreneurs may create specific applications for ordering meals utilizing mobile technology. Sushi businesses in Malaysia, for example, no longer collect customer orders manually, such as by writing them on paper or using order books, but instead provide tablets or iPad at the dining table. Customers only need to follow the steps on the iPad to place a purchase. They don’t need to call the server to place their order; they may do so with the tip of their fingers. Customers do not have to wait too long with the application. The advantages of this application can help entrepreneurs minimize the number of workers that are overworked while also speeding up business procedures. As a result, because the service provided to customers is good and satisfying, this technology may assist entrepreneurs in growing the number of customers through rapid and flexible company management.

The fourth benefits of mobile technology are that it gives global positioning system (GPS) devices to aid in the search for the location of the entrepreneur’s business location. Entrepreneurs who are new to business or have recently begun their business store should create this device to make it simpler for customers to identify company locations on the internet. This is because new customers who have never been to the business location may identify their business location on the internet using this (GPS) device, and this device will guide the customers directly to the location without any errors.

The device (GPS) will show the direction to the location as well as the time, along with the estimated distance between the customer’s current location and the location of the business they would like to visit. This technology may assist entrepreneurs in marketing their business simply by creating a location on the internet (GPS). As a result of the availability of this application in mobile technology, entrepreneurs do not have to worry about the absence of customers since this device (GPS) can help in revealing the location to customers all over the globe. The implementation of wireless debit/credit card payment terminals is a mobile technology that is revolutionising entrepreneurs in creating of new businesses for new markets. With this technology can give entrepreneurs the ability to receive payments wirelessly. As we have seen, technological advancement is currently producing a plethora of new technologies to aid in business management. For example, at Chili’s restaurant, the main payment method is a wireless debit/credit card payment terminal. Because the 21st century has adopted a cashless lifestyle whether shopping or dining.

They accept solely credit cards as payment. Customers may only use their cards with this wireless debit/credit card payment terminal. The server will come at the dining table with the payment terminal for the customer. Customers can also choose to use a wave, which means they simply need to scan or put their card on the terminal instead of entering or typing their card’s password code. While the customer can insert the card into the terminal and therefore enter the password as a cautionary step if they choose to be cautious in the payment so that there is no incident of crime. This can help entrepreneurs decrease cash loss since when utilizing this wireless debit/credit card payment terminal, all payments flow immediately into the system and are automatically recorded in the business account. Finally, payment using QR code is a mobile technology that entrepreneurs require to boost their businesses. This QR code payment can only be done using mobile devices such as smartphones. QR codes may perform multiple functions, making them extremely useful in any sector or institution. Customers benefit from the usage of QR codes for cashless payments since it is both faster and safer.

Customers will be sent to a secure payment website after scanning the QR code, where they may use their mobile banking or digital wallet app. Customers can use this way to pay their bills without pulling money from their wallets or going to the bank. Also, the usage of QR codes may help entrepreneurs advertise and promote their brands/products. QR codes may also assist entrepreneurs in marketing their products and services to prospective customers. QR codes may be used on both digital platforms like social media and traditional media like flyers and brochures. Entrepreneurs just have to create video QR codes to show promotional or advertising videos to their clients and target audience. As a result, using this QR code not only simplifies things for customers but also improves collaboration with the bank.

In conclusion, mobile technology, often known as the digital world, is one of the technologies available to today’s era to make life simpler for individuals and enterprises. Entrepreneurs may use this mobile technology to communicate with customers, check or add goods, set up new client information, place orders online, global positioning system (GPS) to track business locations, manage finances, and so on. When entrepreneurs use mobile technology in business, they can increase staff efficiency and productivity, provide better service quality and flexibility to customers, accept payments wirelessly, communicate more effectively inside and outside the workplace, have greater access to modern apps and services, and improve network capabilities. As a conclusion, it is apparent that mobile technology has a huge impact and may help entrepreneurs start new businesses.

Nur Diana Fatheen Shaqir

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