5 Tips for Entrepreneurs on Vendor Selection

Finding the right vendor for business can be a difficult task. For entrepreneurs, making the right choice is crucial, but it’s often a difficult and time-consuming task.
Explore the following 5 tips to discover the perfect fit:

1. Walk before you fly
When embarking on a digital journey, identify the most appropriate technology for your specific needs, not the latest AI buzzword.

2. Disarm the AI-washers
Beware of vendors peddling “AI-first” solutions that merely slap a ChatGPT API on pre-existing tech. Understand the spectrum: traditional, AI-enabled, and truly AI-first. The subtle differences translate to a profound impact.

3. No Code, No Problem
If your processes are unique, you are OK to be hands-on & you don’t want to implement a standard SAAS or platform then – and only then – consider NoCodeAI.

4. The Lock-in Trap
Beware. Vendors have lock-ins even if they are a 1-month pay-per-use SAAS. You have to be with a SAAS provider for at least a year to take advantage of its benefits!

5. Cater to Specific Needs
Look for platforms tailored to your specific focus, whether marketing, webinars, engagement, or monetization. Remember, the B2B world has different requirements compared to the creator landscape.

Finding the perfect vendor can be tricky. Skip the hype and focus on what truly matters: solutions that fit business needs, not just fancy tech claims.

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