IT, consumer electronic firms losing Rs 84 lk/store annually

Last Updated: Friday, October 23, 2009 - 19:00

New Delhi: IT and consumer electronic firms
in the country are losing up to Rs 84 lakh per store annually
due to poor sales effectiveness, a survey says.

According to a survey carried out by a performance
improvement solutions provider Grass Roots Group a gap between
the ability to understand or establish a customer`s need and
then meet it by a sales staff is the main reason for the loss.
"IT & consumer electronic majors in India are losing up
to Rs 84 lakh per store annually due to poor sales
effectiveness," the report based on a survey conducted across
the Asia Pacific region said.

The country`s robust retail culture plays out well when
measured on the ability to greet the customer and salespeople
have scored a higher than average rating in terms of the
proportion of customers being served immediately.

Moreover, the product knowledge of Indian sales staff at
81 per cent was on par with the rest of the region.

Despite this statistic, sales staff were found to be
significantly less likely to recommend a brand, the study
"India`s excellent scores in categories like product
knowledge indicate that salespeople have technical know-how
about the product, but are simply not feeling engaged enough
with the brand to support products or make recommendations,"
Grass Roots Group (Regional Director - Asia) Stephen Hibberd

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First Published: Friday, October 23, 2009 - 19:00

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