Thank you for Subscribing to Agri Business Review Weekly Brief
Owners can list the plot at better rates on online sites as they are reaching out to an enormous audience compared to the traditional modes of marketing and advertisements, which are restricted to language and geographical barriers
The advent of technology has overturned conventional farming practices by a large margin, as its technical imposter has replaced most of the routine procedures associated with the industry. The use of technology ensures the rules are smart, efficient, less time-consuming, and modern in their operations. Even the farm area associated with it can be bought or sold through online platforms making the industry highly modernized in its technical implications. The significant benefits associated with the use of technology in developing better farming solutions can be listed out as: Identifying profitable farmlands Homeowners and well-wishers interested in developing and expanding farming practices can overlook online platforms for identifying the productive pieces of farmland available and matching their interests. The plot of land can be viewed in the comfort of their remote vicinity, and does not need to travel a bit to overlook the area for the first time. Online websites can be used to identify productivity, resale value, geographical location, and market presence and aids customers in improved and faster decision-making. Listing sites online enables better marketing and sales provisions as better reach within the customers in demand is obtained. It helps generate better business through improved sales rates and customer traffic to the listed properties. Time and money savings Conventional marketing methods often cost clients more and are not as effective as modern online platforms in reaching out to potential customers. The use of online marketing and social media platforms helps reach out to a large section of customers in a limited, concise duration, as most people are active on various social media platforms and online sites. Technology innovations can be used to conduct video calls and chats to conduct inspections and transactions remotely. Post-pandemic era, the number of people depending on audio and video call applications over the internet has increased. They are primarily used in contacting agricultural experts, farmland owners, and business brokers considering the farming industry. Higher profit generation Profit margins associated with the farmlands can be boosted by introducing modern technology practices into the farmlands. Owners can list the plot at better rates on online sites as they reach an enormous audience compared to traditional marketing and advertisements, which are restricted to language and geographical barriers. Agricultural products generated can be displayed for sale through online sites and social media platforms, which could bring out better profit margins as they tend to cut out the mediating charges taken up by local vendors and shops. Even the export provisions associated with the products can be improved by online marketing as they tend to circulate to a broader audience range. Higher asset value The sale value of the land appreciates according to its previous season's productivity, geographical location, and availability of factors such as water, electricity, transformational facilities, etc. Due to the development of technology, rain patterns, and crop production, rates can also be predicted, which can assist farmers in taking the proper measures to counter the situation. Soil pattern analysis and fertility can be tested and evaluated, indicating the presence of essentials such as nutrients and minerals that could be used to enhance the production process and choice of crop cultivation. Cellphones catering to innovative technology services are often used to trigger the farmlands' drip irrigation and fertilization process. Smart irrigation and farming practices enhance the capital value of the land and make it a sustainable asset for the future.