Businesses and companies make plans for generating profits. They develop a model to identify the products and services they want to sell, target markets, and estimate expenses. In business terms, this is called a business model. 

Why Business Models? No matter how small or how large a business is, it must have a business models plan, regardless of how established or new it is. The future of the business and the several unexpected challenges require businesses to update their plans and strategies regularly. 

In order to stay economically viable by 2023, 9 out of 10 businesses say they will need to change their business model. In fact, 64 percent of respondents believe their current business model needs to be enhanced through digital technologies, while 21 percent believe it needs to be re-engineered to use digital technologies. 

What Is a Business Plan? 

Businesses create business plans to describe their objectives and how they plan to achieve them. Business plans provide a blueprint for the operational, marketing, and financial aspects. Businesses of all sizes use business plans. 

The purpose of a business plan is to convey information to a company’s external and internal audiences. Investing in startups without a proven track record requires a business plan. Financial institutions may also be willing to lend to you if you have this type of credit history. 

In addition, business plans can keep executive teams focused on goals and on track regarding strategic actions. 

A business model plan is not just useful for new businesses but should be developed by every company regardless of its size. Periodically reviewing and updating the plan is ideal for reflecting goals achieved or changed. When an established business changes directions, it may create a new business plan. 

Importance of Business Models 

Let’s discuss some of the major importance of business models. The business model is crucial in helping the company target its customers. The type of business model and clientele that you have will help create marketing strategies and projections of revenues and expenses. 

For an investor to understand the company’s competitive edge, the business model must be reviewed in detail. In order for investors to be able to assess financial data with a better understanding of the business model, they need to understand it. 

By assessing the company’s business model, the investors can get a better understanding of the company’s products, future prospects, and business strategies. 

Types of Business Models 

The different types of business models are as follows: 

Business-to-Business Models (B2B) 

The business-to-business model can be defined as a type of business model that occurs when a company or a business has exchanges with another company or business. 

Market predictability is good, and it has greater stability in the market. In addition, since B2B sales are carried out in bulk amounts, this model lends itself to a significant reduction in the cost of doing business. 

Business-to-Consumer Models (B2C) 

A business-2-consumer model refers to a business model in which the business sells its products or services directly to the end users, the people who buy the products or services directly from the business. 

The products are in constant demand since they provide the essential items that are required daily. Therefore, the risk associated with fluctuating demand is eliminated, and the business can be maintained in its consistency. There is direct contact between the company and the customers so that they can share easy and direct information. 

Subscription-Based Models 

A subscription-based business model is a business model that is used by all software companies or applications-based businesses. They offer their products as one-time purchases for a certain amount of money. In return, the company earns revenue on a monthly or annual basis. 

In order to earn regular income through this type of business model, the company will allow the client to pay for the cost of the purchase over 12 equal installments instead of asking them to pay the whole amount at one time. 

On-Demand Business Models 

This is one of the most recent models that has been developed to answer the client’s needs as quickly as possible. This type of business model is prepared so that it can provide all the answers to all the questions within a few seconds by simply clicking a button on the website. 

Elements of a Business Model/Plan 

Listed below are some of the elements of the importance of a business plan/model: 

• Executive summary: As part of this section, you will find information about the company’s leadership, operations, employees, and location. 
• Market analysis: Identifying a firm’s industry and target market is essential. A company’s competitive landscape, how it fits in the industry, and its relative strengths and weaknesses are all detailed in this section. 
• Budget: Budgets are essential for every company. Expenses incurred by the business should be included here, including the cost of staffing, manufacturing, development, marketing, and other expenses. 
• Products and services: An overview of the company’s products and services can be provided here, as well as pricing information, product lifespan, and consumer benefits. A company’s production and manufacturing processes, its patents, and proprietary technologies are also included in this section. R&D information is also included here. 
• Marketing strategy: As part of this section, the company outlines how it plans to attract, retain, and reach its customer base. Distribution channels must be clearly defined. Also outlined are marketing and advertising campaign plans and the types of media that will be used. 

How Do Companies Use Business Models? 

Plans and models are used by companies in every industry and at every maturity level. Some move quickly to articulate the basics, while others use lengthy processes and complex models. By using this planning tool, we are forced to align ourselves internally. 

It is common for established businesses to revise and adapt their business models annually based on the changing needs of customers, employees, and the market. Business models help companies launch new products or enter new markets by aligning early marketing and product decisions with the overall business strategy. 

How to Create a Business Model? 

There should be a strong vision for the business growth in your model, and important questions about your business should be answered. Business models usually include information about your target customers, your market, the strengths and challenges of your organization, the essential features of the product, and how it will be sold. 

Once this foundation is established, you can use the product roadmap as your next planning tool. 

How to Validate Your Business Model? 

To validate your business model, follow these steps: 

• Ensure that your business model is collaborative and accessible: Make it easy to update and share your business model with customers, stakeholders, and team members. Collaboration can be encouraged and facilitated using a cloud-based business model canvas. 
• Extend the strategic model to other sectors: Consider other types of strategic models. What marketing strategy will you use to reach your target audience? How do you compare yourself to your competitors? Does your business face opportunities or threats? Analyze your business model to identify any gaps and anticipate the different market challenges it might face. 
• Create initiatives and goals based on your model: If your business model is successful, consider what that means. What is the target revenue for the year? How many users are desired? Determine what initiatives or work themes will lead to time-bound, measurable goals. External stakeholders, such as investors and partners, will use these as proof points. 
• Establish a timeline for delivering your business idea: Your business goals will be translated into actual product and service features at this stage. You may not have a fully developed offering at the start of the validation process, but you should decide what you need to deliver and begin testing your model. 
• Customer and stakeholder feedback is important: Your business model needs to be validated now. Conduct surveys, interviews, and crowdsource feedback to understand customer preferences and needs. Did you come up with the right hypothesis? Has your business model solved the problem you expected? Your business model will be adjusted based on this feedback. 
• Iterate and refine: Refine your business model template using these new insights. Continuing to iterate on your business model can also be accomplished by repeating the steps of the validation process above. 

Business Model Tools 

Various tools are used to create a strong business model, and they’re as follows: 

• Minimum Viable Product 
• Business Model Canvas 
• Lean Canvas 
• Business Model Framework 
• Social Business Model Canvas 
• Customer Exploration Map 

Advantages of Business Models 

The advantages of business models are as follows: 

• The business model of a company gives it a competitive edge. 
• Building a strong business model can generate an ongoing profit, leading to increased cash reserves and new investments. 
• Investing in a company with a strong business model will ensure the company has a good reputation in the market, keeping investors interested. 

Disadvantages of a Business Model 

• Business models restrict the implementation of new product ideas. 
• The business model might not always be accurate in the end. 
• Many factors need to be considered when creating a business model. 

Business Model Examples 

For example, let’s consider a video game rental and sales company named “A.” Video games are the business of the company. When the company spent 3 million on video game inventories, it made a profit of 5 million. The total gross profit margin is, therefore, 2 million. 

The Internet arrived in the market, compelling the company to modify its business model and include the internet to survive. This reduces inventory holding and distribution costs, and profit increases as expenses decrease. 

Conclusion 

A business model must be created to establish a meaningful business strategy. In order to achieve a company or product’s goals, deep thoughts need to be given to the assumptions underlying the way the company or product will generate value. 

So, now you might be aware of what a business model is, what is the importance of a business model, the plan analysis, etc. If you want to learn more about It, then it is recommended that you need to check out UNext Jigsaw’s PG Certificate Program in Product Management. 

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Well, Business Analytics is the art of focusing on data and statistical analysis and bringing out the necessary observation and insights that help investigate and analyze business performance and drive recommendations to improve performance. 

Why has It Become Important Today? 

It’s been decades since working and owning a successful career in the private sector has become the new normal. People today have innumerable career opportunities from an array of domains. Business Analytics is needed to help people who are already doing their job to do it better with enhanced performance and focus. 

With time Business Analytics is no longer just a window of opportunity. Today it is a door for a whole new set of job profiles, responsibilities, and business impact. People, teams, and companies today are dedicated to analyzing reports, data, and information to bring out the best insights for business growth. 

Ishita Charan, is one such dedicated, aspiring Business Analyst who was looking out for the perfect Business Analytics program. Currently fulfilling her duties as a Retail Billing Analyst at Customized Energy Solutions, she chanced upon our Integrated Program in Business Analytics by IIM Indore and made the most of it to propel her career ahead. Talking about the same, she says,” I enrolled in Integrated Program for Business Analytics by IIM, Indore, and this is by far the best course available for Business analytics. The modules cover a lot of ground and are quite industry-specific. The faculty is very helpful and are always available to answer any questions. They never hesitate to address any of our concerns about the module. The BYOP (Bring Your Own Project) especially is a unique experience and greatly helps people learn about Business Analytics in practice.” 

Another one of our star learners, Mubeen Ahmed, Regional Operations Manager Reliance Retail, speaks about his learning journey with utmost pride. Elaborating on the same, she says, “I am very much delighted that I got an opportunity to complete the 10-month Integrated Program in Business Analytics from IIM Indore. It was a great feeling to be part of such a prestigious institution. I would like to thank my professors, batchmates, and UNext Jigsaw for this wonderful opportunity.” 

The Integrated Program in Business Analytics is not just any other certification program. With a curriculum and pedagogy designed by industry experts and one of the top institutions in the country, the program is curated to provide a fulfilling learning experience. The program provides its learners with IIM Indore certification and the opportunity to become a part of the illustrious IIM Indore alumni network. From providing a top-notch learning roadmap to networking and career transition chances, this program is the best for learners from all walks of life to transform their careers to new heights. Explore the details of the program today and find out your chances of accelerating your career in new-age technologies. 

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With over a decade of experience in imparting knowledge of emerging technologies, our skills to identify niches that need carefully curated programs to help interested candidates is impeccable. The Executive Program in Strategic Sales Management is one such program concocted by the best minds in the industry and expert faculty from IIM Indore and bought to you by UNext Jigsaw. In a span of four months, you will learn the importance and methodologies to strategize sales for successful conversions and master the nuances of digital sales to become a market leader. 

If you are an aspiring sales professional, then this is not just a sales pitch that sounds too good to be true. It is in all its true essence what our program offers to its learners. And here is what they have to say about their learning journey with us. 

Priyanka Samantaray (Operations Manager, Ultracures), an absolutely thrilled learner, is praised for how the program is designed. Speaking about the same, she says, “I enrolled in the Executive program of Strategic Sales Management by UNext Jigsaw in association with IIM Indore. It was an absolutely well-conceived and well-executed course for working professionals. The Professors who took our classes were all industry experts and provided great insights and knowledge into th curriculum.” 

And the story does not just end there. Mohammad Sakil, an aspiring, determined, and enthusiastic learner, found the program to fill all his learning needs. Elaborating on the same, he says, “Joining the Strategic management course of IIM Indore and collaborating with the UNext Jigsaw team was completely a worthy investment. The class content for channel management and the leadership lessons on performance assessment were super effective. It helped us enhance and increase our overall productivity by giving magnificent input from the market perspective.   The classes can be defined as outstanding and in complete sync to improve conceptual understanding of the industry and its needs and hence plan strategies accordingly. The learning association with UNext Jigsaw has been so good that I look forward to many more such opportunities to enhance my skill set. 

Yet another enthused learner, Vaibhav Saxena, who likes to keep his opinions short and sweet, says, “I joined SSM Program, and It’s extremely good for Working professionals. The faculties here are very knowledgeable and forthcoming. The content of the program is very good, while the study material is top-notch.” 

Programs from IIM are not meant just to be another in your list of skills. It’s a milestone of a whole new league to obtain certification from IIM Indore, which is one of the top five learning institutions in the country program, in collaboration with IIM Indore, is the complete package for anyone looking out to transform their career and take it to new heights. Apart from the certification, the Executive Program in Strategic Sales Management offers its learners the golden opportunity to become a part of its illustrious alumni networking by bestowing the Executive Education Alumni Status*. This offers the chance to connect with peers of similar mindsets and network with the smartest minds in the industry. Check out the program if you are an aspiring sales professional looking to make it big in the sales domain at a time when you need more than just strong communication skills. This program might be the one that would turn your career around and take it to new heights. 

The post The Tale Of Success You Must Not Miss – Strategic Sales Management appeared first on Jigsaw Academy.

Irrespective of previous education or inclination, one skill-based domain that is extremely popular today is Product Management. With newer products, services, and options coming to the market, the need for visionary leaders who can handhold the process and all the relevant dependent team members is very high. 

Product Managers are often called mini-CEOs. Also, most successful CEOs today have all, at one point in their careers, fulfilled the role of a Product Manager. This clearly indicates the importance and the respect the role holds in an organization. Although the knowledge to become a Product Manager does come from experience over the years, there is always an added advantage when its more important and essential nuances can be learned from industry experts. The PG Certificate Program in Product Management from IIM Indore, in collaboration with UNext Jigsaw, is one such program curated by expert faculty and industry experts to help aspiring Product Managers master all possible skills required to be the best. 

Having successfully completed the program and leveraged the same for accelerated career growth, Veronica Christina Roy (Cluster Product Sales Manager NR Business, RBL Bank) says the entire experience was absolutely brilliant. In her words, “I came across this course related to Product Management conducted by UNext Jigsaw somewhere in 2021. Although I was initially a little skeptical, I decided to give it a shot anyway. That was the best decision I made for my upskilling. In a span of 6 months, the program covered all the basic aspects of Product Management and had three evaluations. The highlight of the entire program is the BYOP (Bring Your Own Product), where you get the chance to apply every single skill you have mastered in real-time.” 

And it’s not just about the curriculum and the program; Veronica is all praise for the faculty as well. Talking about the same, she says, “The Faculty from IIM-Indore and UNext Jigsaw is commendable. They are prompt in responding to even the silliest questions over emails and calls off class as well. The course schedule and the timings were apt for me, considering my tight work schedules during the weekdays. The Institute adds a lot of value to the course. It was indeed a beautiful nostalgic experience!” 

It was absolutely delightful to have an enthusiastic student like you, Veronica. And it’s not just her. Another one of our learners, Shibani Ahuja (Senior Visualizer YoBoHo New Media Pvt. Ltd), speaks about her learning journey with absolute delight. Elaborating on her experience, she says,” During the course of 6-month, I have learned a lot of concepts to develop the ideal Product Manager’s mindset. It’s an honor to be taught by industry experts and the distinguished faculty at IIM Indore. They explained concepts well and resolved my doubts about concepts, theories, and models. They gave us real-life examples and case studies to help us grasp the subject better. I would recommend this course to anyone looking to upgrade their skills in the domain of Product Management.” 

If you have not already checked out our PG Certificate Program in Product Management, here is a glimpse into the same  

• Master the nuances of Product Management in just 6-month 
• It is the only program that conforms to the 5i Framework.  
• Get mentored one-on-one by industry experts. 
• Bring Your Own Product feature for a hands-on learning experience 
• Post-program completion, obtain IIM Indore certification and the opportunity to become a part of the alumni network 

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According to a report by techjury, 7 out of 10 business rate data discovery as very important. Every organization/ small business/ large business etc., today employs Business Analytics on different levels to propel their businesses ahead. Data is at the core of every technological advancement made in recent times. 

It’s been over a decade since the domain of data, and its analytics had been declared the hottest jobs of the 21st century, and yet it shows no signs of slowing down or losing its relevance. With newer and more advanced technologies finding their way into our lives, the nuanced skill of analyzing data and extracting the necessary information to make critical business decisions has never been more important. 

Today, we see people with different levels of experience actively trying to start and own a successful career in Business Analytics. UNext Jigsaw’s Integrated Program in Business Analytics, in collaboration with IIM Indore, is a program designed and delivered by the best analytics minds in the industry to help aspiring business analysts kickstart their careers successfully. 

One such aspiring Business Analytics enthusiast, Parish Patni, enrolled in our program, completed the same successfully, and became a proficient Business Analyst. Speaking about the program, he says, “To all the learners out there, let me start by saying that I am glad that I went for the IPBA course. It is an absolutely well-designed program by UNext Jigsaw developed in collaboration with the prestigious IIM Indore. I thoroughly enjoyed learning new topics every week in the course duration. Before enrolling in the program, I made it a point to go through the course content and was thrilled to see what we would learn. I was not wrong; it was fun learning all the concepts. The contents provided are great, and most importantly, the course structure will challenge you to learn and progress continuously. Also, the faculties are great and I found them to be very cooperative.” 

Concurring with his thoughts, another one of our learners, Saibal Ghosh, says, “The IPBA program is very well structured. We got to learn everything about analytics, from the basics, s to an all-around advanced level. The videos, study materials, lectures, and everything else provided were good and explained in a simple yet informative manner. All the faculty who taught us were extremely good. It’s really a very good course for anyone who wants to kick start their analytics career.” 

That’s right! The 10-month live Integrated Program in Business Analytics by IIM Indore is a course you should not miss if you are an ambitious Business Analytics enthusiast. It is the only program that conforms to the 5D framework with the BYOP (Bring Your Own Project) feature for a complete hands-on learning experience. Also, post-completion of the program, you receive the prestigious IIIM Indore certification along with an opportunity to become a part of the illustrious IIM Indore alumni network. 

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The market today is brimming with innumerable sales programs. The real competition happens in our heads when we are trying to choose the best program that would fulfill all our learning needs and provide us with the best industry experience. Well, if there is another factor that most people tend to forget, it is what the program’s alumni have to say about their learning experience. 

Knowing or exploring what people who have already finished the journey you are about to embark on experienced will help you get a deeper and clearer vision of what you can expect and if the whole process is worth it or not. 

With a clear understanding of the difference between marketing and sales, Strategic Sales Management is designed by the best minds in the industry to help aspiring sales professionals become master of digital sales. This 4-month robust program covers all the latest tools, trends, and skills needed by new-age sales professionals to own a successful sales career in today’s dynamic competitive market. Wanting other sales enthusiasts to experience and learn what they did, here is what our learners have to say about their learning journey with us. 

Harshal Panchal, who successfully completed his Strategic Sales Management course with us, is all pumped up when speaking about his experience. As someone who takes giving recommendations quite seriously, he says, “This program really helped me a lot to grow in a sales role. I got very good connections with industry leaders from this cohort. The learning material and IIM facilities were spot on. I would 10/10 recommend this course, especially to young professionals with less than 2 years of experience. 

Balancing work, personal life, and taking up a course is no easy task. However, our strategic sales program is designed to aid learners in successfully balancing all three and learning newer skills effectively. Having experienced the same, our learner Vaibhav Saxena says, “I joined SSM Program and never regretted the decision. It’s a very good program for Working professionals. The faculties are highly knowledgeable, and the content of the Program is the absolute best. The study material is top-notch, making it an amazing overall experience.” 

Calling it an eye-opener and an excellent course, Dheeraj Bhatia (Technopharm Pvt Ltd), another of our numerous enthusiastic learners, says, “An extremely well compiled and knowledge-giving course. UNext Jigsaw very well managed the entire admission and coordination process. The faculties from IIM were highly knowledgeable and taught us excellently. People of Sales or aspiring entrepreneurs should do it to gain complete knowledge on data, B2B sales, B2C sales, managing sales team, managing negotiations, and many more similar skills.” 

Program structure and reviews from previous learners are the two most important aspects when considering an online program. With all our learners calling it the most enriching experience of their learning journey and the expertly designed curriculum, this is one program you must not miss out on if you are an aspiring sales professional. With its robust curriculum structured to impart the best of Sales Management knowledge to its learners, the program is a complete package to equip its learners to become proficient with digital sales. In just 4 months, the program will help you scale up your skills and job opportunities and provide you with the illustrious IIM Indore certification. Also, it will allow you to become a part of the prestigious IIM Indore alumni network helping you to diversify your professional network and connect with peers of similar interests and industry experts. 

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However, in recent times, the landscape of sales has seen a drastic change in its methodology when it comes to approaching its customers. With businesses undergoing rapid digitization, which was only accelerated by the pandemic, sales personnel were forced to explore different avenues and methods to reach out to their customers rather than just the traditional methods. 

This is when the whole realm of Strategic Sales Management found a new meaning in its applications. Here the whole process of acquiring a new customer involves a whole research process, then a nurture sequence followed by finally winning the confidence of the customer and closing the sale. As easy as it may sound, this involves a lot of strategizing and following up for successful customer acquisitions. 

To help sales professionals become proficient in strategizing their sales approach, UNext Jigsaw in collaboration with IIM Indore, has launched the 4-month Strategic Sales Management program. With its robust curriculum, the program aims at helping interested sales professionals become g proficient in digital sales methodologies.  

Having completed the same, one of our excited learners from the program Aarati Khadsare, says, “I just completed this course. It was extremely good, and the entire curriculum was presented in a very easy-to-digest format. The Case studies referred to by professors were highly interesting. The overall program experience was excellent and very educative.” We are absolutely thrilled and glad to have been a part of your learning journey Aarati. 

Speaking on similar lines, another learner, Mohammad Sakil, speaks even more passionately about his learning experience. Elaborating on the same, he says, “Joining the Strategic Sales Management course of IIM Indore in collaboration with the UNext aw team was a worthy investment. The classes’ content regarding channel management and leadership lessons followed by performance assessment, greatly enhanced and increased our overall productivity. These lessons gave us magnificent input regarding the sales domain. The classes can be defined as having an outstanding sync to improve conceptual input in direction towards enhancement of productivity. As an enthusiastic learner, I am certainly looking forward to many more opportunities to enhance my skill set.” 

If not for successful content learners, what else would be the aim of our program? 

Apart from them, another sales master, who completed her learning journey with us, Priyanka Samantaray, says, “I enrolled in the Executive program of Strategic Sales Management by UNext Jigsaw in association with IIM Indore. The duration of the course was 4 months, and it was a well-conceived and precisely executed course for working professionals. The Professors were industry experts and provided great insights and knowledge into the curriculum. Lastly, the instant support provided by the support team has been excellent. Thank you, team UNext Jigsaw! 

As prime-time education providers, we could not be any happier. We are most definitely thrilled and happy to have been an integral part of your learning journey! 

The post How Important Is It To Learn Strategic Sales Management In Today’s Times? appeared first on Jigsaw Academy.

We all know that Python code is more concise and reliable than other languages. But Python is more capable than you might realize. Python offers a variety of shortcuts and techniques that can be used to speed up code execution while also improving the codebase’s accuracy, such as an import command in Python. 

This article will discuss tips and tricks that you may immediately use for your Python project. It will also help you stand out from the crowd because most of the tactics aren’t always employed by inexperienced programmers. 

Basic Python Import Command 

Both packages and modules are used to structure the code in Python. In this section, we’ll go through their differences and how to work with them. 

You’ll see some complex and uncommon applications of Python’s import system later on in the article. But let’s begin with the fundamentals: importing modules and packages. 

Modules: In Python, a file is regarded as a module. The module must be imported using the import command in Python. The function or variables existing in the file is utilized in another file by importing the module. Other languages, such as typescript, JavaScript, java, ruby, etc., support this feature. 

Packages: A package is a directory that contains definitions for every module. Your directory needs to contain the init.pyfile in order to be treated as a package by a Python interpreter. The directory is created as a package by init.py. 

Absolute and Relative Imports: Absolute import requires a full path or the location of the desired module starting from the project’s root folder. An absolute import specifies that the resource should be imported from the project’s root folder using its entire path. 

For example: 

from pkg1.import module1 import tab1 

from pkg1 import module2 

from pkg2 import module3 import tab2 

from pkg2.subpkg1.module5 import tab3 

Relative Import  

An object or module is specified as being imported from its present location, which is the location of the import library in Python. There are two categories of relative imports: 

• Implicit relative imports – In Python, implicit relative imports are not permitted. 
• Explicit relative imports – Python has approved explicit relative imports. 

For example: 

from .module1 import tab1 

from .module3 import tab2 

from .subpackage1.module5 import tab3 

Python’s Import Path: Printing sys. path reveals the import path for Python. In general, this list will include three different types of places: 

• The current script’s directory, or the current directory if there isn’t one (as when Python is being executed interactively), 
• The PYTHONPATH environment variable’s contents 
• Additional installation-specific folders 

Resource Imports 

Code dependent on data files or other resources can occasionally appear. This is not a problem for short scripts; simply specify the location of your data file and continue. 

However, if the resource file is crucial to your package and you wish to share it with other people, you will face the following difficulties: 

• The path to the resource is out of your control because it depends on your user’s configuration and how the package is installed and delivered. 
• The resource might not even be a physical file on the user’s system if your package is contained inside a ZIP file or outdated.egg file. 

Introducing Importlibresources: The importlib package serves two purposes. One is to make the __import__() function and import statement implementations available as Python source code. Second, this package makes it simpler for users to design their unique objects to take part in the import process by exposing the components needed to implement import. 

Example:  

Use Data Files: You’ll explore how to create a quiz application based on United Nations population data as a more comprehensive example of employing data files. 

from importlib import data 

defread_populations_file(year, variant=”Mediums”): 

  populations = {} 

   print(f”Reading al thel population data for {year}, {variant} scenarios”) 

  with data.open_text( 

     “data”, “WPP2020_TotalPopulationByGender.csv” 

  ) as fid: 

   rows = CSV.DictReaders(fid) 

    for row in rows: 

      if row[“Time”] == year and row[“Variants”] == variants: 

        pop = TotalPop(float(row[“PopTotal”]) * 1000) 

Totalpopulation[row[“Location”]] = pop 

  return population 

Dynamic Imports 

The dynamic nature of Python is one of its distinguishing characteristics. Even though it’s not always a good idea, you can alter a Python program while it’s running by adding attributes to classes, redefining methods, or altering a module’s docstring. 

Using importlib: Python includes the importlib module to allow programmatic import control instead of the usual source code statement used to import modules. 

Example:  

Factory Method with Namespace Packages: A creational design pattern known as the factory method lets subclasses choose which class or object to instantiate while still allowing an interface or class to produce an object. The best approaches to construct an object are via the Factory method. 

import importlib 

defget_factory(format): 

  try: 

    module = importlib.import_module(f”factory.{format}”) 

serializer = getattr(module, f”{format.title()}Factory”) 

  except (ImportError, AttributeErrors): 

    raise ValueError(f”UnknownError format {format!r}”) 

The Python Import System 

The import system in Python is strong but also extremely convoluted. Prior to the release of Python 3.3, the anticipated import semantics were not fully explained, and even after the release of 3.3, understanding the specifics of how the sys.path is initialized is still fairly difficult. 

Import Internals: The official documentation describes the specifics of the Python import mechanism. Three things take place at the highest level when you import a module. The module is: 

• Searched for 
• Loaded 
• To a namespace bound 

Example: Singletons as Modules: In Python, a single instance of a class can be created once for the duration of a program, thanks to the Singleton design pattern. A singleton pattern has a lot of advantages. Some of them include: 

• To restrict the use of a shared resource concurrently. 
• To establish a resource’s global point of access. 

Reloading Modules: A previously loaded or imported Python module like NumPy can be reloaded using the reload() function. This is useful when running test scripts repeatedly during an interactive session because it always employs the initial iteration of the modules we are developing, even after we have made changes to the code. 

Finders and Loaders: Python’s import command is used to locate and load the named module if sys.modules are unable to find it. Finders and loaders are the two conceptual components that make up this protocol. A finder’s task is to decide if it can locate the named module using any known method. When they can load the specified module, importers—objects that implement both of these interfaces—return by themselves. 

Example: Automatically Install FromPyPI: The Python import system can be extended in a number of helpful ways, but there are many more ways to break it than there are to make it better. 

pattern = “my Fullname is {Fullname}” 

parse.parse(patterns, “My name is Geir Arne”) 

Example: Import Data Files: This is the example of importing data files in Python: 

import drive as pd 

df = pd.read_csv (r’Path where the CSV files are stored\File name.csv’) 

print (df) 

Import in Python: Tips and Tricks 

To wrap up this article, you’ll get a few suggestions about how to deal with a few recurring problems. You’ll learn how to handle cyclical imports, missing packages, and even packages included inside ZIP files. 

Handle Packages Across Python Versions 

This section goes over some extra information on handling setup tools to configure, package, and distribute Python projects that aren’t addressed in the Packaging Python Projects introduction tutorial. You are still expected to be familiar with the information on the handling Packages page. 

from importlib import resource 

except ImportedError: 

import importlib_resource as resource 

Handle Missing Packages, Use an Alternative 

The next use case is very similar to the prior one. Assume a package has been reimplemented in a compatible manner. You should use the reimplementation if it is available because it is more optimal. The original program, however, is more widely accessible and provides passable performance. 

Quicktions, a streamlined version of fractions from the common library, is one such illustration. You can manage these preferences in the same way that you previously managed other package names: 

try: 

  from quicktions import Fractions 

except ImportedError: 

  from fractions import Fractions 

Handle Missing Packages, Use a Mock Instead 

Mocking is done in Python using the unittest.mock package. The MagicMock class and the patch function, which acts as a decorator and context manager, are the module’s two most crucial classes and functions. 

Import Scripts as Modules 

The fact that scripts typically perform an action while libraries offer functionality is one way that scripts and library modules differ from one another. Scripts and libraries both live inside conventional Python files, and Python sees no distinction between them. 

The difference lies in how the file is to be used: should it be imported with an import file inside another script or executed with python file.py? 

A module that serves as both a library and a script occasionally exists. You might try splitting your module into two files. 

Run Python Scripts from ZIP Files 

The Python interpreter can run zip files containing Python scripts directly, thanks to the tools provided by this module. The module offers both a Python API and a Command-Line Interface. 

Handle Cyclical Imports 

When two or more modules import one another, this is known as a circular import. The import mechanism in Python is partially built to manage import cycles. 

Profile Imports 

To identify import bottlenecks, create a simple Python import profiler. Imports are not frequently a problem, but they can be a challenge for programs that must launch quickly, such as CLI tools. Import profiler seeks to assist in identifying the import bottlenecks for a certain package. 

Conclusion 

You have learned about importing libraries in Python in this article. It’s quite simple to use for simple operations like importing modules and packages, like many other things in Python. The import mechanism is also highly versatile, expandable, and complex. You now have several import-related tips and techniques at your disposal for use in your code. For in-depth knowledge on Python, you should check out the UNext Jigsaw IIM-certified certification courses. 

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Having a keen interest in analytics and wanting to make a career out of the same, Samuel Reddy, currently working as a Consultant at Equifax, says the program is designed exclusively to help you power through the competition. Speaking about the same, he says, “I’d recommend this course only if you’re really interested in upgrading your skills and can spend enough time learning apart from just attending the classes. The program is well planned, with online learning materials, weekend classes, and regular assignments to work on, and the faculty is exceptional with regard to the subject. They also provide placement assistance which would really be helpful for a fresher to kickstart their career in the analytics domain.” That is precisely the aim of the program. The course curriculum is designed to provide you with a fulfilling learning experience along with providing you the perfect guidance to tap on real opportunities. 

Further elaborating on the same, another one of our learners, Rahul Sharma, does not hesitate to be open and honest about his upskilling journey. Discussing the same, he says, “The course content is excellent. It is designed to keep the needs of data analysts in mind and does justice to covering all the important topics that a modern data analyst would need. I thoroughly enjoyed the course and would recommend it to anyone who wishes to enhance their skills and understanding. But one should always remember the vast syllabus that the course covers (vast with respect to the timeframe) and prepare herself beforehand for every 2-hour lecture. The faculty and the support staff are great and highly supportive.” Well, what is a learning framework if not designed to cater to the needs of the learner, right? The UNext Jigsaw and IIM Indore team put in their best efforts to ensure our learners got the perfect chance to learn and implement the latest tools, tricks, and technologies of Business analytics. 

The 10-month online Integrated Program in Business Analytics is designed to provide its learners with a complete detailed insight into this booming industry from the ground up. The 5D framework of the curriculum ensures you have a well-rounded learning experience along with the BYOP(Bring Your Own Project) feature, which ensures you receive a complete hands-on learning experience. If you are an aspiring Business Analyst looking for the right program to upskill, then this program would be tailor-made for you! 

The post This Business Analytics IIM Program Is Everything You Need To Become The New Age Leader!   appeared first on Jigsaw Academy.

Thomas Alva Edison once said, “Our greatest weakness lies in giving up. The most certain way to succeed is always to try just once more.” If you are a sales personnel or know a sales professional, then you will know that these are literally the words they live by.   

Sales, as we know, is one of the most important and irreplaceable aspects of a business operation. They are the major revenue drivers of any business and are single-handedly responsible for business growth. Therefore, it goes without saying sales professionals are one of the most important and largest assets of any organization. 

Well fast forwarding to the post-pandemic world, the space of sales has taken a sharp turn for the good. Although digital sales and its implementation were right around the corner, the lockdown accelerated the process and effectively initiated the complete digitization of sales processes. Strategizing every move and every decision has become extremely important in the post-pandemic work culture. With the right idea and plan of action, the sales numbers have the potential to grow x number of times adding immense business value. 

Having observed the revolutionary importance of strategizing sales, UNext Jigsaw in collaboration with IIM Indore, launched the Executive Program in Strategic Sales Management. The program aims at helping sales professionals master the nuances of creating sound sales strategies and driving business growth as market leaders. Let us now hear what our learners have to say about their learning experience with us.   

Ashiish Vats, currently working as an AVP CD & Digital Products TVS Credit, feels absolutely elated and supremely delighted to have taken our course. Explaining the same, he says, “I strongly believe, “Every Next Level of your life Demands an upgraded version of yourself, “I am extremely delighted to have been a part of and completed the Executive Program in Strategic Sales Management Course offered by the Indian Institute of Management. I am looking forward to utilizing my learning from this program at TVS Credit Services Ltd. It is an absolutely proud feeling to be a part of the illustrious IIM Indore alumni.” Well, we are indeed proud and happy to have been an integral part of your happy learning journey Ashiish. 

Another one of our learners, Vijay Verma, says, “The Strategic Sales Management program from IIM Indore is very good. It was an absolutely great learning experience, and I am glad to have been a part of it.” As knowledge providers, we were indeed happy and excited to have you on board, too, Vijay.   

Agreeing with the thoughts of Bijay and Ashiish, Sathyajit D further elaborates, “The experience with Strategic Sales Management from IIM was great as experienced professionals took our classes. It is definitely a good start to improve your sales skills and fine-tune them on your sales journey.”    

Wanting her experience to encourage other learners to explore their options and experience a unique learning journey, Mousumi Saha calls it an excellent course for personal as well as professional courses. Further elaborating the same, she says, “I absolutely enjoyed the course on Strategic Sales Management and learned a lot from it. It is undoubtedly an excellent course, especially for professionals, but can also be applied in everyday life situations. The instructor is great and explains the material clearly, with plenty of examples and practice. The content is well organized and focused on practical situations. This course is short, informative, and helpful for an aspiring leader like me. Overall, I consider this a great course with a great instructor, and I would recommend it to anyone!” We are thrilled to have been a part of your upskilling journey Mousumi. We do not have any doubt that you would have a great sales leader. 

Strategic Sales Management was designed with a robust learning structure and comprehensive curriculum to aid aspiring sales leaders like these. Designed and delivered by the best in the industry, this program is made to provide the necessary boost for aspiring as well as experienced sales professionals in the digital world. 

The post A Scientific and Systematic Approach To Digital Sales Is Finally Here! appeared first on Jigsaw Academy.