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Video conferencing is unlikely to completely replace business travel, but it will significantly reduce the need for it. Many companies have embraced virtual meetings for routine interactions, saving time and costs associated with travel. However, in-person meetings still offer unique benefits, such as relationship building, collaboration, and cultural immersion that can be difficult to replicate online. Thus, while travel may decrease, it will still play an important role in certain business contexts.

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2w ago

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How Business Video Conferencing Will Save You Money?

The rising cost of fuel around the world is having an effect on the ability of smaller companies to do business. The days of the expense report and hoping on a plane to meet a client are slowly coming to an end as business video conferencing is beginning to take over. But how does video conferencing save you money while helping you to gain clients? When you understand the benefits of video conferencing, you will wonder how the business world ever lived without it.Travel ExpensesThe most obvious way that business video conferencing saves you money is in the tremendous savings in business travel expenses. Small business owners take some aspects of travel for granted, but even small expenses can begin to add up.When you use business video conferencing there is no need to book flights to the customer site, the hotel expense is not necessary and the expense of meals disappear. You no longer need to pay for a rental car or a taxi, there is not the added expense of sending signed documents overnight to a hotel and customer entertainment expenses are reduced or eliminated.Some small business owners try to say that they save money by driving to customer sites for meetings. Driving extensive distances to save money on plane tickets does not eliminate the cost of fuel for your car and the repairs that come about due to the wear and tear on the vehicle. Even if you drive you still need a place to stay and you need to eat.Response TimeThe use of business video conferencing has added an element to business that many people did not expect. In the days before video conferencing, the ability to get on a plane and make it to the client site the next day was considered a fast response time. With video conferencing, you can be meeting face to face with a new client almost instantly to present your information.Business video conferencing also allows you to improve your customer support which can lead to higher repeat revenues. Instead of having your clients struggle with your technicians over the phone to figure out technical issues, your technicians can now show your clients how to fix something by using video conferencing. The process allows you to improve customer service without spending any extra money.Business video conferencing can change the way that your company communicates with existing customers and prospects. It can save you money on travel expenses and it improves your company�s response time to customers� needs. Video conferencing is a financial benefit to any small business that uses it.


How to Get Your Company To Use Video Conferencing?

Technology has literally changed the way companies conduct business. One critical change in how business is conducted lies in the area of communication. Businesses are starting to embrace video conferencing for many reasons.Companies that desire to cut costs among employee travel often look to video conferencing. It is possible for a business to spend thousands annually in employee travel, but budgetary constraints have prompted businesses to explore other options. Airfare, in addition to dining and rental car services can temporarily impact the cash flow of a business. Video conferencing is available to subscribers on a monthly plan, so changes can easily be made should the need to cut costs arise.This form of communication has made it possible for professionals to conduct business in a professional manner through utilizing video conferencing technologies. The personal feel isn’t lost, so the professional is still able to establish a strong rapport with a prospect. Businesses no longer view video conferencing as an impersonal means of communication.Flexibility is another reason why businesses use video conferencing. If a business experiences seasonal change in workflow, the number of required meetings could easily increase or decrease. The affordable subscriptions can be adjusted to accommodate the business needs. Businesses that require this level of flexibility are able to enjoy this benefit through the use of web conferencing.Businesses are becoming more receptive to technology. Because of this, businesses also welcome the opportunity to work virtually on professional matters. The level of reliability associated with video conferencing has helped businesses become more accepting of virtual conferencing. Advancements in audio-visual technology has led to exceptional audio and visual quality. This form of conferencing offers a variety of professional features. Muting is one of those professional features that most video conferencing providers offer. The feature is helpful in minimizing background and maintaining a professional meeting experience. Screen-sharing is one of the professional capabilities. It allows an individual to present PowerPoint presentations to an audience.Businesses can cut costs by using video conferencing. Business professionals are now more receptive to video conferencing technologies because of advancement in technology. Professionalism and flexibility associated with web conferencing has simplified the process of conducting business meetings.