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Some Possible Scenarios 
For Business Video Conferencing

A Business Video Conferencing Starter Kit

Business Objectives:

  1. To assist a Sales Manager and a particular salesperson who needs "coaching" possibly on key sales or just to survive, or
  2. To assist a CEO who wants to provide a "useful perk" to board members or "key executives" who work at a distance from the corporate office by reducing commute costs and wasted travel times, or
  3. To assist a Product Development Manager working with a particular vendor on a key new product

Business Benefits:

  1. Reduce travel and commute costs
  2. Speed product sales and product development cycle times
  3. Improve quality of communications
  4. Speed delivery of training and coaching
  5. Improve overall quality of meetings and training

Current Scenario:

2-hour weekly meeting/training sessions with a 1-hour 50-mile commute each way (a common Southern California or any Big City scenario).

Proposed Video Conferencing Solution:

Give a PC/Laptop with a good Webcam to each person with LAN, Cable, DSL or Wi-Fi internet access.

Financial Payoff from Proposed Solution:

A detailed cost benefit spreadsheet has been prepared to calculate the return on investment for the system, assuming a 50% reduction in the number of meeting trips and typical corporate costs and expenses in the USA. The results are:

Net Monthly Savings $465 per month
Breakeven: 2 months
Savings over 5 years: $26,792
Net Present Value -  at a 10.0% interest rate $18,225
Internal Rate of Return: 508% per year

If you have not already done so - Click here to request a free copy of a ROI calculator spreadsheet and a 28 page White Paper "How to Justify IP Videoconferencing - the Benefits, Features and Business Case"  You'll also get a copy of the detailed analysis spreadsheet. 
This will allow you to test your own cost and scenario assumptions for this Board of Directors Video Conferencing Kit.


12/28/10

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