Revenue Generation & Sales Management:
- Handling and generating 1.25 crore INR in monthly revenue from a retail product through the bancassurance model with an average ticket size of 14,000 INR.
- Collaborating closely with Zonal Heads and Segment Heads across the North & East Zones and Northwest & Central Zones to drive retail product sales.
- Overseeing the sourcing of retail units from over 700+ Frontline teams and diverse segments, ensuring optimal sales coverage and maximizing revenue across verticals and to increase per FL Productivity.
Maintaining & Enhancing ARPU:
· Focus on Customer Upgrades: Tiered Product Offerings: Introduce premium versions or add-ons for customers who have purchased the base education product. This could be access to advanced workshops, one-on-one coaching sessions, or exclusive resources.
· Upselling and Cross-Selling: Cross-Selling Relevant Products: Identify opportunities to cross-sell and upsell/upgrade products (e.g., premium educational courses, career counselling services, etc.) during the post-purchase stage.
Team Leadership & Coordination:
- Leading a team of 20 Education Councillors across Remote Locations and 3 State Heads, supported by MIS/Admin and IT resources, to manage and supervise a network of 700 Frontline (FL) employees across 2 major zones.
- Ensuring seamless operations through cross-functional coordination and continuous coaching, training, and performance evaluation of the team.
- · Ensuring that Education Councillors and State Heads travel across branches and cities to engage with their mapped Frontlines and generate business.
Stakeholder Relationship & Product Training:
- Traveling extensively to states and branches within the North, East, Northwest, and Central Zones to build and maintain strong relationships with key stakeholders.
- Conducting product training and business presentations during visits to showcase the value proposition of the retail product and ensure stakeholders have a clear understanding of its benefits.
Lead Management & Marketing Campaigns:
- Handling the closure of marketing data by managing online campaigns, ensuring an effective lead-to-closure percentage.
- Driving referral closures and ensuring the continuous flow of high-quality leads to increase conversion rates.
Franchisee Development & Sourcing:
- Targeting franchisee opportunities and sourcing retail products through franchisee partnerships.
- Conducting training sessions for Franchisee Employees and Clients, ensuring they are well-equipped to drive product sales and represent the brand effectively.
MIS Reporting & Performance Tracking:
- Generating MIS reports for key stakeholders, ensuring visibility into business performance across regions and verticals.
- Presenting the data in a competitive format that motivates teams and aligns them with overall business objectives.
Strategic Initiatives & Monthly Goals:
- Introducing new monthly initiatives designed to meet key business targets, including achieving 700 logins per month.
- Continuously assessing the progress of these initiatives and refining strategies to ensure the achievement of monthly and quarterly sales goals.
- Streamlined sales processes to improve efficiency, resulting in increased productivity and overall revenue growth.
- Developed a successful sales team through rigorous coaching, performance management, and ongoing training.
Quality Control & Customer Support:
- Holding regular meetings with the support team to ensure quality checks are in place for both product and service delivery.
- Addressing customer-related concerns and refund requests, ensuring a high level of satisfaction and timely resolution.
Collaboration with Teaching & Vertical Heads:
- Coordinating closely with the teaching fraternity and vertical heads to analyze and brainstorm strategies to improve batch attendance for retail education products.
- Developing strategies to upgrade customers from basic retail products to premium offerings, ensuring long-term customer retention and revenue growth.
Hiring & Recruitment of Education Counsellors:
- Overseeing the recruitment and hiring of Education Counsellors across remote locations, ensuring the team’s understanding of local market dynamics and efficient resource engagement.
- Ensuring that new hires are properly trained and aligned with organizational goals, fostering local expertise and optimizing team performance.
Execution Plan with Centre Managers:
- Kickoff Meeting at Start of Month/Quarter: Meet with all Centre Managers to present the sales targets, strategies, and initiatives for the upcoming month or quarter. Ensure they understand their specific targets and roles.
- Strategic Alignment: Align Centre Managers with overall business goals, ensuring they have the necessary resources, data, and support.
Ongoing Support & Communication:
- Daily/Weekly Check-ins: Ensure continuous communication through daily check-ins or weekly reviews to monitor progress, track lead generation efforts, and provide any necessary adjustments to strategies.
- Sales Reporting: Implement a weekly sales reporting system to track sales numbers and lead-to-closure conversion.
- Incentive Tracking: Track the performance of individual teams and recognize top performers to motivate the team.
Feedback & Adjustments:
- After each review meeting, gather feedback from Centre Managers on ground-level challenges and opportunities.
- Based on performance and feedback, make necessary changes to the plan (e.g., adjust marketing focus, reallocate resources, or change training schedules).
Monthly Reviews:
- At the end of each month, conduct a comprehensive performance review with the Centre Managers to evaluate the success of the sales plan.
- Discuss challenges faced, learnings, and adjust the approach for the upcoming months.
Driving Sales Through Various Models:
A. Direct Sales Model:
- Target Focused Outreach: Ensure that your Education Counsellors target high-potential customers via direct sales. They should follow a personalized approach that includes understanding customer needs and showcasing tailored benefits of the education product.
B. Hybrid Workshop Model (Online + Offline):
- Customer Interaction: Use the hybrid model to facilitate direct interaction between customers and the product, allowing for tailored Q&A sessions, customer concerns, and product demos.
- Scheduling & Promotion: Schedule hybrid workshops consistently, keeping time zones and availability of your target audience in mind. Use email, SMS, and social media campaigns to drive attendance.
C. Physical Workshops:
- Hands-on Experience: In physical workshops, customers can see and experience the product in a tangible way. This format is ideal for demonstrating the value proposition and real-world application of the product.
- Local Engagement: These workshops allow you to tap into remote locations and underserved areas. Work with local franchisees to host events and expand your reach.
D. Online Webinar Model:
- Webinar Structure: Create structured online webinars that focus on educating the audience about the product’s value proposition, success stories, and customer testimonials. This helps in driving trust and pushing sales.
- Promotional Campaigns: Use a combination of email marketing, social media ads, and partnerships with influencers to drive traffic to the webinars.
- Post-Webinar Engagement: After each webinar, follow up with participants through email and direct calls. Use targeted content to nurture leads and convert them into sales.
- Interactive Q&A: Ensure each webinar has a dedicated Q&A segment, so that the audience can interact with the presenter, leading to higher engagement and conversion rates.
Screening & Improving Webinar Presenters’ Efficiency:
- Content Mastery: Select presenters who are not only experts in the education product but can also engaged and retain audience attention. Evaluate their presentation style, communication skills, and ability to simplify complex information.
- Practice Sessions: Before live sessions, conduct mock webinars with the presenters to evaluate their delivery. Provide constructive feedback on aspects like pacing, tone, audience engagement, and clarity.
- Technology Familiarity: Ensure presenters are comfortable with the webinar platform (Zoom, Microsoft Teams, etc.) and can handle technical issues smoothly.
- Feedback for Improvement: Post-webinar, track metrics such as average watch time, drop-off points, and audience questions. This will help you identify areas for improvement.
- Speaker Feedback: Regularly review recordings of webinars to assess areas like tone modulation, clarity of the message, and engagement techniques. Share feedback with presenters on how to improve these areas.
- Interactivity Enhancements: Encourage presenters to use polls, quizzes, and interactive elements during the webinar to make it more engaging and ensure that customers are actively involved throughout the session.
- Ongoing Development: Organize quarterly workshops for your presenters to enhance their skills, focusing on content delivery, customer engagement, and sales techniques.