While 2021 was a year of unprecedented disruption, 2022 is a year of remarkable adaptation and metamorphosis. As opportunities open up in the fintech industry, some trends continue into 2022 and may drive the financial services industry forward. THE RISE OF INDIAN FINTECH: According to Affle’s MAAS, India’s fintech sector will reach a market size…
Author: Jeevan Kumar
What Makes Fintech Companies Different from Banks, and How Do They Operate?
Emerging technologies have made considerable progress in introducing newer innovations in the banking industry. For example, the internet has drastically changed the banking industry, leading to streamlined user interactions. At the same time, the development of online businesses was laying the groundwork for non-banking online-payment solutions. Fintech companies in India have seized the opportunity and…
How to Keep your Channel Partners connected during COVID-19?
The pandemic has impacted various business verticals in different ways. Some of them had negative impacts, and some had increased positive growth in their business. With the change of working structure and remote working in place, channel partners feel more isolated now. According to a study, 56% of channel partners feel isolated and less engaged…
How has Sales Team Management changed during the Pandemic
It takes an average of 9 cold calls to attempt to reach a prospect. On average, every salesperson makes at least 220+ calls every day. Aren’t the sales teams working hard each day to approach the customers? Yes, they are… The organizations also help in boosting the motivation of the sales team now and then….
Channel Incentive Trends in 2021 – building the Best Channel Partner Program
2021 brings with it a The Channel Partner Journey Mapping out the company’s desired much-needed tide of hope and optimism. While 2020 has been a rollercoaster, it has allowed us to understand the importance of channel partner programs. They have had to be reimagined and redesigned to provide more diversity in the last one year. …
Managing business expenses in a contactless CoVid world
The pandemic continues to unfold and evolve in unpredictable directions. With work from home and social isolation still being enforced, business leaders need to come up with novel protocols and policies for the business to run smoothly with complete visibility and control. With several key industries such as travel and aviation being reconfigured, business operations…
5 Key Pitfalls to Avoid for Building the Best in Your Channel Partnerships
Introduction Channel partners are invaluable to businesses as they can generate a large portion of the revenue. Incentive programs are integral to channel partnerships to support the company’s sales objectives and boost sales by increasing loyalty and motivating channel partners to sell. However, the inherent risks in the incentive programs must be mitigated by instating…
Boost Employee Productivity with Expense Digitalisation
Introduction Employee expenses and reimbursements form an integral part of business expenditure. The traditional systems of tracking and reimbursement of expenses are heavily reliant on paperwork These methods are time intensive and rely on manual work to ensure accuracy. Such systems greatly affect the productivity of employees as a lot of time is spent on…
Effective Channel Partner Incentive Planning for the Pharma Industry
Traditionally, the channel partner model generated significant sales in the pharmaceutical industry. However, in today’s digital world, physicians and other medical professionals are already armed with prior research, making it difficult for channel partners to influence them to buy. In many cases, physician access creates an issue, limiting the number of visits sales representatives can…