Summary
Overview
Work History
Education
Skills
Timeline
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PRASHANT SHARMA

PRASHANT SHARMA

With Over 15 Years Of Experience In The Fields Of Business Development, Retail Store Operations, Loss Prevention Management, Profit & Loss Management, Franchisee Development, New Store Roll Outs, Business Planning & Strategizing, Team Management, Market Research, Legal Agreements, Media & Events, Planning And Budgeting .
B-601 Shanti Heights CHSL, Kopar Khairane, Sector 11, Navi Mumbai,Maharashtra

Summary

  • A result oriented professional with over 15 years of experience in Business Development/Franchisee Development/ Dealer Appointment & Expansion /Retail Network Expansion / Team Management and Store Operations for Fashion & Luxury Lifestyle Goods.
  • A principal executive “Point of Contact” with demonstrated prowess in heading diversification, escalating business progressively by undertaking strategic initiatives and harmonizing organizational competencies.
  • Presently working as National Sales Manager - Business Development & Operations with UK MULTI CORP. ( Master Franchisee – SKECHERS )
  • Proficient at analyzing market trends to provide critical inputs for franchisee business development initiatives and formulation of business strategies.
  • Expertise in working in multicultural environments with distinction of understanding & exploring new markets for business growth and setting up / streamlining operations.
  • Keen customer centric orientation with communication skills and ability to interact effectively with personnel at all levels.

Business Development: Formulating strategies to tap unexplored market segments or investor groups for business expansion through franchisee or dealer route & company owned outlets. Instrumental in lead generation, catchment analysis, property finalization, project rollout for setting up requisite business infrastructure facilitating top and bottom line objectives of an organization.

Franchise Development & Expansion: Identifying, negotiating and collaborating with prospect business collaborators. Exploring potential cities to penetrate in new areas; meeting prospective franchisees, figuring the most potential partner and finally signing the agreements after completing all modalities.

Real Estate Development: Instrumental in handling retail real estate development, market research, property acquisition, negotiation & deal finalization, real estate agent network development and management, formulation of lease agreements & timely execution of stores though coordination with projects team.

Retail Store Operations: Instrumental in handling pre retail store operations & focused with a comprehensive knowledge of managing and developing stores ensuring consistently high standard of presentation at all the POS. Working closely with VM, Marketing & IT team for smooth & timely execution of stores.

Franchisee Relationship Management: Mapping franchisees and business associates requirement & providing them the best services and solutions with prompt outcomes to maintain a bridge between company and franchisee.

Team Management: Providing direction, motivation & training to the sales personnel for ensuring optimum performance for all operational /sales related issues.

Loss Prevention Management: Develop and implement procedures for minimizing the loss of merchandise, money or company assets as much as possible.

Overview

15
15
years of professional experience

Work History

National Sales Manager

UK MULTI CORP. Master Franchise of SKECHERS SOUTH ASIA PVT. LTD.
Mumbai
01.2018 - Current

Key Responsibilities

  • Exceeded targets by building, directing and motivating high-performing sales team.
  • Directed work of efficient administrative team maintaining accurate sales, inventory and order documentation.
  • Worked diligently to resolve unique and recurring complaints, promoting loyalty and enhancing operations.
  • Drafted comprehensive sales plans and approved budget expenditures to meet project goals.
  • Empowered and led driven sales team to build product awareness and exceeded revenue targets.
  • Established and adjusted selling prices by monitoring costs, competition and supply and demand.
  • Monitored customer buying trends, market conditions and competitor actions to adjust strategies and achieve sales goals.
  • Established and maintained budgets, quotas and regional territories for team members to drive consistent growth.
  • Predicted shifts in regional and national marketplaces using current industry knowledge to stay ahead of competition.
  • Managed national sales programs, supervised 367 sales representatives and evaluated KPIs for promotional opportunities.
  • Remained responsive to changing targets by preparing monthly, quarterly and annual sales reports and forecasts.
  • Forecasted sales of 89 Cr. and set successful policies to achieve 128% of objective.
  • Directed effective hiring, orientation, training, development, and retention of sales staff to maximize team performance.
  • Received 3 award for outstanding leadership and strong commitment to operational excellence.
  • Developed and implemented effective sales strategies and led nationwide sales team members to achieve sales targets.
  • Developed and assigned monthly sales quotas to over 4 regional sales managers in North, South & West regions.
  • Supported audits, shortage control initiatives, apprehensions and disposition by preparing and reviewing associated paperwork.
  • Generated comprehensive reports documenting evidence of attempted theft and recovered merchandise.
  • Calmly and efficiently addressed emergency situations such as safety hazards and threats to life or property, deescalating when possible and directing shoppers to safety.
  • Headed safety and loss prevention programs by guiding staff.
  • Upheld strict security and safety procedures to protect business from financial losses due to theft or careless mismanagement.
  • Attentively monitored store and surrounding areas for signs of attempted theft by customers or personnel, intervening when necessary.
  • Evaluated exhibited behavior and age of suspected perpetrators to calculate appropriate response to suspected theft attempts, erring on side of caution to mitigate liability risk.
  • Devised SWOT analysis to create and execute business plan supporting achievement of established quotas.

Key Deliverables & Achievements

  • FOFO: 41 Operational Stores and 7 is in pipeline
  • Opened and Managed INDIA’s largest Factory outlet ( 7000 Sq. ft.)
  • Successfully opened and managed 35 stores after joining
  • Achieved 120% ABP in year 2018 and closed on 54 Cr. ( MRP )
  • Achieved 128% ABP in year 2019 and closed on 114 Cr. ( MRP )
  • Managed 367 employee force
  • Initiated new HR policies in system
  • Initiated new Loss Prevention policies in system
  • Re-negotiated Rentals of most of location
  • Finalized New High Street/Malls properties at best price possible
  • Two time awarded as "EMPLOYEE OF THE YEAR"
  • Received "HIGHEST RETAIL SALES SINGLE DAY VALUE AWARD" From SKECHERS Management

Sr. Manager - Business Development & Operations

SUDITI INDUSTRIES LTD.
Mumbai
05.2015 - 12.2017

Key Responsibilities

  • Strategize new viable business policies to enhance current / future business. Ensure franchisee signups & executions for the year as per targets.
  • Develop Company owned stores in suitable cities. Cost and time productivity of franchisee acquisition. Planning & Maintaining Expense BD Budgets.
  • Create a tool for evaluating suitability of a franchisee for Company, evaluation of the basic financial and infrastructure terms.
  • Single point for formalities pertaining to Legal , Agreements , Acquisition & all procedures related for Business Expansion.
  • Review of franchisee store performance and P&L with the franchisee at HO every 6 months. Planning pre-opening activity of Stores.
  • Completed all paperwork, recognizing any discrepancies and addressing them in a timely fashion.
  • Maintained energy and enthusiasm in fast-paced environment.

Key Deliverables & Achievements

Successfully Business Delivered

  • FOFO: 19 Stores
  • SIS : 39
  • LFS : 54
  • Re-negotiated Rentals of most of location
  • Finalized New High Street/Malls properties at best price possible

Business Development Manager

GITANJALI LIFESTYLE LTD.
Mumbai
11.2012 - 04.2015

Key Responsibilities

  • Market segmentation to explore potential business partners
  • Lead Generation
  • Catchment Analysis & Property Acquisition
  • Formulation of Annual Business Plan
  • Business Expansion through FOFO, COCO, COFO Models
  • Liasioning & Negotiating For Best Commercial Terms With Franchisee & Vendors
  • Project Rollout
  • Agreement Formation & Execution
  • Pre Store Launch Operations

Key Deliverables & Achievements

Successfully Handling Franchisees Development For

1. Exclusive Diamond & Gold Jewellery Boutiques

2. Exclusive Apparel & Lifestyle Boutiques

  • Exploring The Untouched Potential Market &Industries For Large Format Gold & Diamond Jewellery
  • Franchisee Format With Investment Ranges From Rs. 1 Crore to Rs. 20 Crore & For Apparel Franchisee Format With Investment Ranges from Rs. 25 Lacs to 50 Lacs

Successfully Franchisee Business Delivered :

  • Jewellery: 3 Stores 18 Crore
  • Apparels: 19+ Stores 10 –11 Crore

Business Development Manager

NIRMAL BANG SECURITIES LTD.
Jaipur
12.2009 - 11.2012

Key Responsibilities

  • Pivotal In Handling Sub-Dealer Expansion & Operations of 142 Sub Dealers in Rajasthan by coordinating with Team.
  • Responsible for building & grooming excellent team skills.
  • To monitor performance of competing brokerage houses in same category.
  • To generate lead and to finalize new sub-dealers every month as per target set from main HO. Overall control of Sub-dealers activity

Key Deliverables & Achievements

  • Aggressively Opened 80+ New Dealers in just 6 months
  • Award from RM for extra ordinary dealership development.

Agency Manager

BHARTI-AXA LIFE INSURANCE CO. LTD.
Jaipur
11.2008 - 11.2009

Key Responsibilities

  • Managing the entire advisors of the agency under my code, customer, and sales to convert into a profit center.
  • Monitoring and motivating the Sales Force to achieve the targets.
  • Planning and Implementation of new advisors recruitment activities.
  • Majorly responsible for planning of no. of NOP`s, Sales and Customer Service.
  • Working closely with Zonal admin team & operations team for smooth function of execution login. Guiding, directing and building skills of team towards organizational objective through proper planning and executing.
  • Sort out the individual advisors level issues and problem with proper coordination with concern persons and the respective departments.
  • Motivating & Monitoring the team to increase the conversion & ticket size.
  • To build a dynamic team to create a friendly environment.

Key Deliverables & Achievements

  • Invited by Management Institutes to conduct guest lecture on Insurance.
  • Done highest recruitment in Rajasthan for a single exam (17) and got 13 codes out of it.
  • Achieved many rewards and recognition from RM and ZM.
  • Part of Bharti-axa jaipur cricket team which was the winner of bharti-axa primer league in north zone and got 2 times man of the match award.
  • Recruited 37 numbers of advisors in just 3 months which was the 3rd highest MOA team in Rajasthan.

Sales Executive

ICICI WEBTRADE LTD.
Jaipur
08.2007 - 10.2008

Key Responsibilities

  • Reporting to Branch Manager.
  • Part of Direct Sales Force, liable for introduce new Current Accounts/Saving Accounts/D-mat Accounts.

Key Deliverables & Achievements

  • Done highest D-mat account opening in c-scheme branch

Education

Master of Arts -

RAJASTHAN UNIVERSITY
JAIPUR

MBA -

MAISM
JAIPUR

Skills

    New business acquisition

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Timeline

National Sales Manager

UK MULTI CORP. Master Franchise of SKECHERS SOUTH ASIA PVT. LTD.
01.2018 - Current

Sr. Manager - Business Development & Operations

SUDITI INDUSTRIES LTD.
05.2015 - 12.2017

Business Development Manager

GITANJALI LIFESTYLE LTD.
11.2012 - 04.2015

Business Development Manager

NIRMAL BANG SECURITIES LTD.
12.2009 - 11.2012

Agency Manager

BHARTI-AXA LIFE INSURANCE CO. LTD.
11.2008 - 11.2009

Sales Executive

ICICI WEBTRADE LTD.
08.2007 - 10.2008

MBA -

MAISM

Master of Arts -

RAJASTHAN UNIVERSITY
PRASHANT SHARMAWith Over 15 Years Of Experience In The Fields Of Business Development, Retail Store Operations, Loss Prevention Management, Profit & Loss Management, Franchisee Development, New Store Roll Outs, Business Planning & Strategizing, Team Management, Market Research, Legal Agreements, Media & Events, Planning And Budgeting .