Despite the gloomy outlook many organisations continue to see value in drawing on HR consultants and experts to help them survive and deliver results in the current market. But with the increased pressure they can no longer afford to waste valuable time sifting through endless options thrown up by an internet search, and they certainly can’t afford to throw away their cash on second grade advice.
As the economic downturn begins to bite, businesses are being forced to find more innovative ways of cutting costs while still getting the expertise they need.
“Companies are looking for ways to tighten their belts without compromising on quality, which means buyers need ways to evaluate the market in a much more efficient and targeted manner” said Mark Bubner, business engagement manager of ExpertMagnet.com.
One way they are doing this is by turning to innovative new technologies, and the newly launched
ExpertMagnet.com is certainly turning heads in this regard.
It's an innovative online ‘magnetic’ tool that buyers are using to find out who in the market is best suited to deliver the expert services they need. In doing so it increases the quality of commercial matching and saves them time, effort, and money. It also provides consulting firms with a sales channel into local and foreign markets, promoting sustainable economic growth.
Mr Bubner said that despite the economic gloom, ExpertMagnet.com was growing rapidly based on high demand from organisations to use time saving alternatives that deliver targeted business results.
“We only launched in January – which is typically a slow period for businesses as they return from extended Christmas breaks – but in just three weeks of operation, ExpertMagnet.com received nearly a million dollars worth of requests for expertise. That tells me their is still a reasonable amount of spending going on outside of the tender process, it’s just that buyers are becoming both more discerning and time conscious” he said.
Mr Bubner said in the past, the problem faced by businesses seeking specialist services was a classic case of too much information.
“With the power of search engines and the abundance of directories available, it’s been easy to find thousands of experts in a few seconds. And that’s the problem. Buyers don’t want thousands, they just want the right ones” said Mr Bubner.
“Businesses have been simply drowning in information and they can spend hours searching directories, asking around their networks or having multiple meetings with sales reps and still have no guarantee that they’ve got the best person for the job,” he said.
“ExpertMagnet.com takes that headache away because when businesses post their requirements on our site, the experts are ‘attracted’ to them and submit tailored and detailed responses aligned to exactly what the buyer is interested in. Buyers can then shortlist the best responses, meeting with only the top responder’s. It means they can get the right people to the table, in a fraction of the time it takes to work through the first few pages of a Google search” said Mr Bubner.
ExpertMagnet.com is a unique web-based tool for finding Consulting and Professional Services. It’s a deceptively simple platform that helps match buyers with those vendors who have the right experience, capability and ideas. It’s not a recruitment tool or a brokerage; it’s a ‘magnetic’ marketplace.
In these tough economic times when every dollar counts, and businesses are looking at ways to reduce wasted time and minimize costs, tools like expertmagnet.com are well worth investigating as an innovative way to reduce the pressure while getting quality results.
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