Many people who use conference calls in their daily business lives may have forgotten the number one benefit you get when you use conference calls. Conference calls save money.
I think that conference call service early adopters were more interested in solving business issues that could not be solved in other ways. The legal community in particular simply could not find a way to effectively meet with clients and other counsel in a quick and convenient manner when they were unable to meet face to face. They were not really concerned about saving money by meeting over the telephone as they charge back their customers anyway. It was the second wave of conference call users that discovered some of the other benefits to using a conference call service.
Benefits to Using a Conference Call Service
- Save Money
- Save Time
- Increased Productivity
The widespread growth of the use of conference calls has certainly been from their ability to save companies money. No other technology offers as affordable a solution to solving the need to meet than the basic conference call. How else can you meet with dozens of people around the world without leaving your desk for just pennies per minute? So, the most obvious cost you save when you do a conference call is the travel cost to get to a personal meeting. What other costs can you save with a conference call?
Costs you save when you do a Conference Call
- Flight Expense
- Rental Car Expense
- Hotel Costs
- Food Costs
And now with the availability of web conferencing and the ability to add visuals to your conference call there are many more applications for conference calls that save companies even more money. As an industry we again thought that the legal community would be an early adopter of web conferencing since they could share a contract on the screen and edit it with opposing counsel and so forth. But actually, the largest users of web conferencing have been in the Sales and Marketing areas where they have been able to dramatically reduce their travel costs and shortened their sales cycles.
And now, with the prices for conference call services hitting all time lows in the marketplace there is no better way to save travel costs than substituting your in person meetings with a conference call. Conference calls save money.