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What are the challenges faced by FMCG?

What are the challenges faced by FMCG?

No Visibility into Work Order Management Lack of visibility into the work order management limits the quality of insight available with the FMCG management team.

What are the common challenges that salespeople within that industry face?

Here are seven challenges that even successful salespeople face:

  • Stress. It’s very well-known that sales is a stressful profession, and the top producers are in no way immune from the stress.
  • Losing deals.
  • Difficult prospects.
  • Pressure from management.
  • Becoming demoralized.
  • Market changes.
  • Self-doubt.

What are the problems faced by salesman?

The biggest challenge that most sales reps face is the price. The price is too high, the price isn’t clear, the price is out of budget, and many other price-based barriers. The most successful tactic for overcoming this challenge is to refocus the conversation from price to value.

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What are the supply chain challenges for the Indian FMCG sector?

SUPPLY CHAIN CHALLENGES IN FMCG SECTOR 2

  • Managing availability in the complex distribution Set Up.
  • Dealing with complex taxations structures.
  • Dealing with Counterfeit Goods.
  • Opportunistic Games played by the Distribution Channel.
  • Infrastructure.
  • Emergence of third –Party Logistics provider.
  • Emergence of Modern Retails.

What are the two challenges you would face in selling any product?

5 Key Challenges of Selling (and How to Overcome Them)

  • Competing With Lower-Priced Rivals.
  • Surviving in Crowded Markets.
  • Getting Through to Decision Makers.
  • Managing Risk.
  • Taking the Pain Out of Proposal Writing.

Which of the following is the most difficult challenge a salesperson faces?

As a salesperson, you spend much time creating or changing people’s learned attitudes and beliefs about your product. This is the most difficult challenge a salesperson faces.

What are the challenges of sales promotion?

Here are five specific challenges that today’s sales teams face and how alignment with their company’s marketing team can help them meet those challenges.

  • Communicating value.
  • Showing instead of telling.
  • Understanding multi-buyers’ needs.
  • Accessing the latest technology.
  • Connecting on an emotional level.
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How do you answer what challenges you most about sales?

In your answer, you can mention your positive feelings about the product. Or, talk about specific aspects of the role or company that you’re particularly well-suited for. This is a great opportunity to share any similar or relevant sales experience in the product category or to the company’s demographic.

What are the major challenges in rural marketing?

Rural Marketing: 12 Problems Faced in Rural Marketing

  • Deprived people and deprived markets:
  • Lack of communication facilities:
  • Transport:
  • Many languages and dialects:
  • Dispersed markets:
  • Low per capita Income:
  • Low levels of literacy:
  • Prevalence of spurious brands and seasonal demand:

What are the challenges and opportunities in rural marketing?

1. Market size. The number of people that live in rural areas is still very high as compared to the population in urban areas. Also, the buyers are now more comfortable in spending money as they were a decade ago, this is due to the availability of smartphones and internet in most of the areas of our country.

What are the challenges faced by brands in the FMCG industry?

Multiple challenges are faced by brands in the FMCG industry, including increasing pressure/presence from private/small companies having cheaper operating costs, a growing social concern/awareness for environmental responsibility and the constant push to manufacture products quicker and cheaper than before.

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Should a FMCG company have a sales team for collections?

Any industry should not impose sales team for collections. Collections is a part of Finance, audits in collaboration with companies legal team. FMCG companies rely completely on sales and expeditors or ditributors for collections, in this manner, you are jeopardizing 3 departments at the same time. It’s completely a QMS flaw in the system.

Could direct-to-consumer be the future of FMCG?

One such opportunity could be direct-to-consumer, with some brands seeing a boost in DTC sales since the coronavirus hit, and others now investing in the channel. Indeed, some of the biggest FMCG companies already operate direct to consumer.

What are the uncommon data requirements of the FMCG industry?

The uncommon data requirements of the FMCG industry, demand a tailor BI system which should possess the following characteristics: The BI system should be a self-service one, meaning – users should be able to quickly generate customized reports without depending on the MIS team every time.