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Homeowners are Using Virtual Staging to Decorate their Homes

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Homeowners and real estate agents are providing an immense and realistic sense to homes or apartments with virtual staging. Multifamily developers are increasingly relying on this tech-driven capability to help them differentiate their homes from others. Virtually staged models are impressive and contain 3D components, hence they are in great demand in every industry.

In 2015, the virtual staging market was valued $3.33 billion, but now VR/AR technology is being used in virtual staging, which is making it possible for buyers and renters to visualize the residence they are analyzing. Hence the market is forecasted to increase up to $133.78 billion by 2021. National Association of Realtors has issued a report which states that 77% of buyers’ agents reported staging a home which made a buyer easier to visualize the property as their home.

Apart from visualization capabilities, virtual staging is offering other upsides too. Virtual staging is enabling developers to generate greater revenue by selling or renting additional residences. It is also benefiting developers on the expense side due to the involvement of substantial expenditures in physical staging. Virtual staging is replacing model units and enabling those units to go back into inventory to be sold or rented.

Virtual staging is very predictable. Developers can carry multifamily projects in the market, each with unique character and layout. The evolution of AR/VR technology continues to advance virtual staging models, that is making residents experience realistic things. It is also enabling developers to take more benefits from virtual staging. Residents can virtually walk through an apartment to interact with that unit.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Lifestyle

Powerful Corporate Gifting Strategies to Build and Strengthen Business Partnerships

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If you want to build and strengthen business partnerships with your clients and top investors, there are a few key steps you must take. One essential strategy is corporate gifting. This simple act goes beyond building a partnership. It will also increase your customer retention rate and promote your business even beyond the shore of your country. 

But before you consider gifting any item, there are some strategies to put in place. This will ensure your gift makes a lasting impression and resonates well with your clients. Below are powerful corporate gifting strategies to build and strengthen business partnerships with your clients and top investors. 

Choose a Personalized Item 

Rather than choosing an ordinary gift for your clients and investors, opt for a personalized item. Customised corporate gifts such as T-shirts, coffee mugs, and bags create a stronger emotional connection than generic gifts. They also leave a more lasting impression than most other gift types.

Imagine how investors and your clients will feel when you beautifully inscribe their image or favorite quotes on a T-shirt. Of course, they will feel valued, appreciated, and ready to invest more in your business.

Consider Their Culture and Background 

As an entrepreneur, it’s essential to be culturally competent and sensitive. Your gifts should resonate with your clients’ and investors’ cultural backgrounds. Otherwise, they may be quickly discarded or overlooked. If your investors and audience are predominantly of Black heritage, consider giving them a custom T-shirt featuring a map of Africa or inspirational quotes from iconic Black leaders. 

Their religious beliefs are also important. Specific religions may find some images or symbols inappropriate. For instance, if you’re giving a gift to a Muslim investor, avoid designs that include images like pigs, as they are considered offensive in Islamic culture.

Consider a Functional Gift 

You should also consider the gift’s functionality. A gift that can be used every day will be more valuable than an impractical one. Even if the gift is expensive but doesn’t have any functional purpose, it won’t serve the purpose it was intended for. 

Instead of purely sentimental keepsakes or abstract gifts, consider practical items like pens, notebooks, backpacks, coffee mugs, umbrellas, or water bottles. Just make sure the gift is well-designed and features your brand logo and identity. This not only increases brand visibility but also helps strengthen the connection between you and your investors.

Tie it to a story

Tie your gifts to a story to make them more memorable and emotionally meaningful. For example, if during your business’s early days, your employees always worked tirelessly day and night, you could opt for a custom hourglass. Clients and investors who receive such a gift will appreciate your business’s journey of patience and perseverance.

Offer Quality Gifts

Gifts given to investors or clients who have significantly contributed to your business growth should reflect their value. They shouldn’t be cheap or low-grade items. The gift doesn’t have to be trendy or widely popular, but it should come from a reputable and high-end brand. This will give your gift more credibility. Besides, the recipients will feel comfortable to use the gift among their colleagues.  

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