Skip to main content

Face-to-face meeting is better for business

In this modern age of technology any individual can communicate with anyone else within the matter of seconds thanks to cellphones and internet. Many Bangladeshi businessmen utilize this opportunity to communicate with their partners and clients via technology rather than meeting them face to face. But is it really the best way to go for a successful business?

Some of the most successful corporate houses of Bangladesh were established in an era where face to face meeting was the only option for communication with clients and other associates. Even after several decades those companies are still going strong. The key factor behind this incredible success is just one simple fact- face to face meeting.

The impact of social media and technology is obvious in this age. But here are some major reasons why face to face communication beats any other method for a successful business:

A face is better than a thousand voices
In the recent past there has been an upsurge of online stores in Bangladesh. These stores offer groceries, apparels, electronics etc. for a reasonable price and in some cases the delivery cost is entirely free. People still prefer to go to Agora, Shwapno or Meena Bazaar to do their grocery shopping or a shopping mall for apparels. This is because people like to be able to touch and see the product they are purchasing before they decide to go for it. It is always easier to explain the needs to people upfront rather than trying to explain it over the phone.

Give ample time for explanation
It is a very common occurrence for telecommunication based businesses to make mistakes in order forms. It is quite natural to make mistakes by listening to an order over the phone. In Bangladesh, people pronounce the same words in ten different ways so the client might order something and the person taking the order might hear something else. This would never happen during a face to face meeting. The client would be able to point to the exact thing he/she is looking for.

Impact of expressions
During a face to face meeting both sides can see each other’s facial expressions, speech tones and gestures. These small things can be a major factor to get an understanding of each other’s sincerity. Face to face meeting is the only way to really know who you are dealing with.

Decision making
Nothing can beat face to face meetings when it comes to decision making. It is always easier to gather around the team of clients/executives and plan for the company’s future. Face to face meetings can go on for hours without worrying about load shedding, network disturbance and call costs.

Building a community
Face to face meetings allow businessmen to expand their networks into new realms. And in this modern competitive time, networking is one of the strongest tools any entrepreneur can have. Having a large network allows more opportunity for business deals and the more people you know, the more people will know about your business.

This is undeniably the age of internet and social networking. But it can never undermine the importance of face to face communication. Both methods should be aligned perfectly in order to have a successful business. Top businessmen in Bangladesh are on the top for many reasons, being efficient in face to face meeting is one of those.

The article was first published on Bangladesh, economy, businessmen blog.

Comments

Popular posts from this blog

After Beximco Group, Square Group and Pran Group, PHP Family is coming up

Along with Beximco Group, Square Group, Pran Group, PHP Family is contributing immensely to the economic progress of Bangladesh. Beximco Group and Square Group are the top private sector players but companies like PHP Family are coming up. Sufi Mohammed Mizanur Rahman, an ex banker, established PHP Group which was later re-named as PHS Family. PHP Float Glass is a concern of PHP group and is the pioneer of glass industries in the country. Now PHP float glass industry is the largest glass producer. Ample success in Glass sector along with other indusial sector, PHP group is contributing much to the development of the country. PHP float glass industry limited is Chittagong based sister concern of PHP group. Built on 30-acres of land, with a total investment of Tk 300 crore, the PHP Float Glass Industry at Barabkunda of Sitakunda in Chittagong launched its commercial production in 2005.It produces various types of glass according to local demands. It produces clear-glass sheet of 2MM

About Nasir Group

Nasir Group is one of the largest industrial conglomerates in Bangladesh. The industries include industrial glass, tobacco, printing and packages, light engineering, melamine. It is one of the leading industries in glass manufacturing sector of the country. The company started its journey in 1977. Now this group expands in every industrial sectors of Bangladesh like tobacco, melamine, printing and packaging and footwear. Recently it started producing energy saving light bulbs. Nasir group has a great role in socio-economic development of the country. Dominance in Glass Sector Glass is one of the products of Nasir Group of Industry. Nasir group has a vital role to make Bangladesh self-sufficient in glass sector. This company provides a large portion of glasses to meet country’s demand. Nasir group started float glass production in 2005. The company built its glass manufacturing factory in Gazipur at a cost of Tk.300 crore. Nasir Glass now holds more than 40 percent of the total mark

Top Five Corporate Groups of Bangladesh

Bangladesh is slowly emerging to become one of the next big economic powers in the world. And the reason behind the growth of Bangladesh’s economy is the successful corporate groups. Some big names in the business sector of Bangladesh is not just making their names known in Bangladesh, they are making their presence known throughout the world. Here are brief descriptions of five top business groups in Bangladesh: SQUARE Group - SQUARE Group is one of the oldest and most successful companies in Bangladesh. It was formed by the legendary entrepreneur Samson H Chowdhury and three of his friends. SQUARE became the largest pharmaceuticals company of the country from a tiny pharma company. The other businesses are SQUARE Toiletries, Spinning, SQUARE Knit Fabrics, Informatix and Consumer Products. SQUARE Hospital, run by the group is one of the most state-of-the-art hospitals of Bangladesh. Bashundhara Group- Bashundhara Group has achieved remarkable success in the real estate se