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Day: July 30, 2021

The Key Role of Fintech in Developing Smart Cities

Posted on by Imarticus Learning

What is a smart city?

Unlike the old times when smart cities of the world could be counted on fingers, today every country has several smart cities which operate with modern technology to provide an easy and quality lifestyle to the inhabitants. The concept of a smart city focuses on the usage of available technology and modern equipment in day-to-day functioning so that people can make use of it residing in their cities.

Amenities like transport, banking, public convenience, education, health, and housing are infused with modern and technological advancements to promote an ideal lifestyle.

Role of fintech in smart cities

Apart from different factors that contribute to the development of a smart city, finance acts as the backbone. All the decisions and functioning are based on finance. Having a modern and web-based financial system can bring about favorable changes in a city making it a perfect place to live.

  1. Modern banking system

When it comes to a smart city, the banking structure and functioning must be strong enough to suffice the needs of all the residents efficiently. Fintech has facilitated the banking structure by providing personalized banking services to customers. These services are tailor-made and can be altered at any time. Along with that, online banking facilities and ATMs are widely run by various fintech corporations in collaboration with the banks.

  1. Smart Market

Fintech creates a marketplace for smart buyers who use a digital model for transacting. In various shopping complexes and stores, fintech corporations use disparate applications and portals for payment methods. Generally, smart cities have more modern stores as compared to small cities or towns. This is because of the wider usage of fintech.

  1. Public payments

Governments operating in smart cities try to facilitate the residents through e-payment methods for paying for electricity bills, taxes, rents, and different fees. Governments collaborate with fintech corporations to provide these mechanisms so that the public can use resources effectively and safely. This way fintech operates in the background fulfilling our daily needs.

  1. Deliveries and rental taxi services

It is quite evident that all the metropolitan and smart cities operate with great dependence on spot deliveries and taxi services. These companies also make use of fintech organizations as intermediaries for the payments to be made safely.

Today, more than 80% of deliveries of food items or general items are made through online payments and the same is the case with taxi services which make use of various applications and portals for the payments to be made. This digitalization of transactions has only been possible through fintech.

 Future of Fintech

Considering the present status of fintech, it can be easily predicted that in the coming couple of years fintech will dominate the whole world, making it a modern hub.

Aspirants working in this field can check out Imarticus learning for amazing fintech training and professional assistance in placement afterward for a stable fintech career. Considering the significance of fintech corporations in almost all industries, working in this field is pretty rewarding and professional.

Digital Marketing: How Marketers use niche Digital Channels to Reach Consumers

Posted on by Imarticus Learning

The new world order of digital marketing is a place where marketers have to be agile, innovative, and strategic. It’s a place where you need to make sure that your content attracts the right people to convert into customers or clients. Those interested in this field understand what digital marketing is all about and how Digital Marketers use niche channels such as social media, search engine optimization (SEO), email marketing, and many others to reach their target audience.

For those who wonder what digital marketing is, it is important to understand that it is more than simply creating a Facebook Page & hope a customer base following you. A digital marketer needs to use niche digital channels to reach consumers engagingly.

How do Digital Marketers use Niche Digital Channels to Reach Consumers?

Digital Marketers use Niche Digital Channels to Reach Consumers by understanding what their customers need and know. They can do this through the following channels:

Inbound marketing from SEO, email marketing, social media, and blogging helps a marketer reach existing clients while generating new leads.

Outbound Marketing on paid search engines or call centers is used when there’s an immediate need for a business, such as a customer service issues or lead generation.

Broader Outreach via digital video platforms like YouTube, which reaches people who may not have been reached before due to demographics or geography (a great example of niche content).

Others include Display Ads in online publications that target audiences based on demographics and interests, so they see ads relevant to them.

Innovative strategies to leverage Niche Market:

User-Generated Content

Customers can take advantage of user-generated content to showcase merchandise without looking promotional. User-generated content is the best marketing trick to use because it works in two ways: It’s like free advertising and a chance for a business to create a connection with existing clients.

Choose Advertising Platforms Wisely

Two masters can’t be served together. For long-term success, accuracy is needed to target audiences. You need to figure out the right platform to be used for niche products. The precision of goals & the right choice will lead you to the correct path.

Partnerships

Experience fuels customer satisfaction these days. Giving customers a package, from placing an order to product delivery, is the way to keep them hooked for life. Marketing is not always a priority; businesses also need to keep costs low to accommodate expenses. The solution is to team up with experts to spread awareness & showcase USPs.

Don’t Forget Offline Marketing.

Since it is challenging to target every segment through mobile apps, mainly for niche businesses, offline mode is the way to reach out. It allows people to touch, hold, & sample clients’ products. Offline marketing tactics like business cards, pamphlets, or coupons connect your brand to customers physically.

Grow your Digital Marketing Career with Imarticus Learning:

best Digital Marketing courses in IndiaA digital marketing course online can help you to stay ahead in this fast-paced industry. Imarticus Learning offers a PG program and Prodegree in Digital marketing that prepares the students for real-industry life.

Our Digital Marketing Post Graduate course is designed to give students an extensive and detailed coverage of Digital Marketing concepts in a more practical way.

It’s the best digital marketing course as it adapts a very collaborative approach focusing on multiple capstone projects, job-ready skills & guaranteed job interviews.

The coursework is designed by industry experts and covers Big Brand case studies, Four Capstone Real Biz Projects. The programs offer 100% Job Assurance and excellent placement assistance.

For further details on business analytics courses in India, contact us through the Live Chat Support system or visit our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Hyderabad, Delhi Gurgaon, and Ahmedabad.