Outsourcing
What is outsourcing?
Outsourcing is when a business hires an outside company to handle specific tasks or services.
This can include:
- Customer support
- Web development
- Marketing
- Order fulfillment
- Manufacturing
Companies outsource to save money, improve efficiency, and focus on core tasks.
Why Do Businesses Outsource?
Here’s why outsourcing is a popular strategy:
- Lower costs - Especially through offshore outsourcing
- Access to experts - Get specialized skills fast
- More flexibility - Scale operations up or down
- Faster delivery - Speed up business processes
- Less overhead - No need for a full in-house team
Outsourcing is common in tech, retail, and ecommerce. Want to run leaner? See how to start an online store without inventory.
Also Read:
- What are custom products?
- What is brand identity?
- What is bulk purchasing?
- What is PPC management?
- What is a clothing brand?