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Outside Sales Professionals for the Hotel Industry

The demand is on the raise for the hospitality industry to generate new business and outsourcing a sales team looks very promising. The cost of hiring, training and retention of a single inside sales manager outweighs the cost of outsourcing the hotels sales effort 3 to 1. New Generation Sales, LLC. has become the front line in the hotels latest sales efforts, making New Generation Sales the key factor to generate new revenue for the hotel industry.

With the latest down turn in the economy, the hospitality industry has struggled to keep its doors open and fill their meeting spaces. Hotels are being forced to cut back their payroll expenses laying off more then 1,100 sales managers across the country. Hotel sales managers are in the slumps trying to turn every lead into revenue. “Hotels are going outside the box to find new business and fill their empty meeting spaces” Says Michael Miller of NGS. “We are providing a service that most inside sales members struggle with due to the endless distractions and in some cases lack of experience.

Finally a new generation of hotel sales tactics has arrived. New Generation Sales is a team of outside sales professionals working with the hotels existing staff helping them generate new revenue. New Generation Sales is leading the industry with its first class cold calling. Their sales team is devoting much of their efforts cold calling, speaking with various event planners helping to divert their next meeting to their clients hotel. “We dont believe in long term contract” says Michael Miller, “Are services are month to month and our clients can cancel at anytime no questions asked, but most of our clients see great value within four weeks, they end up resigning every month.”

For inside sales to be effective, the telephone prospecting function must be run with the discipline of a military boot camp. Are your inside sales employees able to engage your prospects in 30 seconds or less? Do your telesales employees average 100 calls per day, the standard for building a successful lead generation pipeline? Are the volume and quality of leads sufficient to meet your sales forecast? Are your inside sales representatives continually trained on your value proposition and how that relates to your prospects pain points?

Producing quality, actionable leads for a robust sales pipeline on a daily basis is an all encompassing function. The discipline of prospecting requires a unique set of attributes and skills for both managers and the telesales employees. The difficulty of communicating complex value propositions in the hostile climate of a cold call demands ongoing training. A managerial laser focus on recruiting, screening, hiring, training, and performance monitoring is essential. Early identification and termination of employees mismatched for telesales is crucial. Verify that your managers are prepared to execute on this key responsibility. To achieve optimal results, your managers should maintain ongoing training and education programs that prepare your telesales employees to maintain a peak performance level and continually produce quality leads

Your inside sales team must have the same unremitting focus on volume and quality results as would a lead generation outsourcer. The outsourcers sole responsibilities are producing quality, actionable leads for your sales pipeline. Period. The outsourcers managers are singularly focused on building and improving the processes required to deliver quality consistently. Ensure that your internal managers do not have multiple operational responsibilities.

New Generation Sales service cost a fraction of just one sales manager. No distractions, no excuses, just results and new life to a much needed industry. With new ideas, new selling techniques and years of experience they are an unmatched sales team. To find out more information visit http://www.newgenerationsales.com

Pros And Cons Of A Federal Auto Industry Bailout

Pro 1: Eco Cars
If the bailout money works the way it is supposed to and pulls the big three out of the hole, good things could potentially come of it. One proposal is that after being saved the automakers could be pushed to manufacture and sell cars that are both good for the environment and economy.

Con 1: Taxpayer Cash
Perhaps the most obvious con, it is no secret that we will all be helping bail these companies out. Although it is still unknown where the money may or may not come from, taxpayer cash will be included for sure. Bloggers, business leaders, and experts are expressing their frustration about this all over the Internet.

Pro 2: Recession Woes
While most are already feeling the effects of a recession on their wallets and gas tanks, it could be a lot worse if something else big happens. Some experts feel not bailing out the big three could result in a much deeper and more severe recession then we are already in. With thousands of jobs connected to the auto companies and stocks across the board, their downfall could have a large effect on our economy.

Con 2: Bankruptcy
One of the only other options for GM and the rest of the big three is to file bankruptcy under chapter 11. It is true that we have already assisted these companies financially this year and it helped them for few months. For this reason, some economists feel another bailout would just be like bailing out a sinking ship that is going to sink no matter what we do. Bankruptcy however, could be their only salvation, and many experts claim that it could be their best option. Michael Levine of the Wall Street Journal claims, the cost of terminating dealers is only a fraction of what it would cost to rebuild GM to become a company sized and marketed appropriately for its market share. Contracts would have to be bought out. The company would have to shed many of its fixed obligations. Some obligations will be impossible to cut by voluntary agreement. GM will run out of cash and out of time.

Pro 3: Prior Success
As history tends to repeat itself, I think it important to consider the Chrysler bailout of 1979. In the mid 70’s while our country was going through a gas crisis, Chrysler refused to stop making their biggest most gas guzzling luxury cars. This mistake led them to requesting a bailout in late 79. However, to the surprise of the watching country, Chrysler came out with the “K-car” that sold like hot cakes and pulled the company out of a financial crisis. Chrysler then paid off their debt to the government 7 years early, and the government made over $660 million in profit from the bailout when all was said and done. Many people claim that if given another bailout, the auto companies could pull themselves out from near bankruptcy, and the federal government could generate revenue as well.

Con 3: Private Jet-setting
Unfortunately, when the CEO’s of the big three traveled to Washington D.C. to request billions from taxpayers early this week, all three CEO’s took private jets with round trip travel costs totaling of over $40,000 per CEO. This ostentatious show of wealth was considered highly disrespectful to the taxpayers about to consider bailing them out and created tons of bad publicity for the potential bailout. If companies are going to get taxpayers money, then we need to know that they are being frugal with it.

An Overview Of The Heavy Machinery Industry

The present day market is a highly competitive one and therefore companies need to devise new and innovative business strategies in order to continue making profits and to substantially increase their market share. For this reason, companies have now begun to shift their business focus from creating tangible products to developing a whole range of comprehensive products along with service designs. This explains the increasing importance of innovative services and this has become apparent over the years. However, little has been done for the management of these services. Heavy equipments are ones that are used mainly in the construction and manufacturing industry. These colossal equipments are difficult to transport, are capital intensive and have a long life cycle of use. This heavy industry machinery is extensively utilised by diverse industries including forestry, transportation, agriculture and construction.

These industries call for substantial investments in heavy equipments and thus getting a proper ROA or return on assets is necessary. Capital velocity is highly important in this respect. It is necessary to make provisions for such innovative services in order to ensure high level of performance and asset availability within a limit budget. Heavy equipments are usually customised and thus are difficult to manage and maintain. These equipments can be divided into different categories such as mining equipment and construction equipment. A working face, shovel, stacker and dumper is used for open pit mines whereas a drill, underground loaders and rigs are used for underground mines. Construction equipments comprise a long list including trenching equipment, piles driving equipment, wagon and trucks, excavating equipments such as clamshells, power shovels, hoes and cranes; draglines, scrapers and tractors.

There are different types of heavy equipment that are used for similar purposes and thus it would be difficult to make a generic classification. There are a number of factors that are taken into consideration while classifying these equipments and these include service facility, operating environment, revenue generation, core competency, life expectancy, service skills, subsystem, cost and weight.

Stakeholders play a crucial role in adding value to the customer through the supply chain. The list includes profiles such as that of manufacturers, service providers, designers, governments, contractors and suppliers.

Companies that use heavy equipment and heavy lifting services will obviously need the help of high investment in order to achieve an equally high ROA. Asset management is important in this respect. It is a proper and systematic approach adopted towards the maintenance and the upgrade of assets. Asset management comprises the activities and processes that are necessary for minimising the investment, maximising the commercial return, manage risks and optimise the strategic value. Asset management also includes every function right from operations to procurement, from engineering to maintenance. The latter is considered to be an integral function of asset management.

The business strategies implemented in the industry are a bit different from the other industries. It is a bit difficult for the heavy equipment industry to garner profits and improve their market position in the long run. Service development can increase the opportunities to a great extent thereby making more room for marketing opportunities.

How Cloud Computing is Useful for Retail Industry

Internet has expanded its horizons and cloud computing is one such internet based computing system which meets the requirement of the user on demand basis, involving the duration of the service used. Retail industry which is growing at a fast pace is embracing this concept of internet computing. Cloud Computing India is a pioneer in this field providing service and support to its clients, eventually leading to a drastic reduction in their operation and IT cost.

Cloud Computing

The word cloud has been derived from the cloud symbol that represents the internet in a programmed flowchart. Cloud computing is a form of internet computing where shared servers provide resources, software and data to computers and other devices on demand. Cloud computing can be classified into software as a service (SaaS), Platform as a service (PaaS) and infrastructure as a service (IaaS). One has to subscribe for cloud computing for organizing installations and data customizations. Software giants like Google, Microsoft etc. have embraced cloud computing.

With cloud computing a retailer has to just purchase rights to use software’s on a need basis instead of buying a copy of the software for each computer in the firm. This is referred to as SaaS.

Retail Industry and Cloud Computing

Retailers are always on the lookout for increasing their efficiency and reducing the cost. Retailers are constantly faced with ever increasing applications with overlapping functions. When retailers enter new market segment complexity increases and the cost of IT also goes up. India Cloud Computing comes to your assistance in this scenario.

Retailers can save a lot by subscribing to cloud computing. A lot of our expenditure on IT management can be cut through this. We see retailers trying hard to maintain ten and thousands of computers in different locations. We can completely avoid the complexity of keeping and managing individual system through this. The traditional model of computing in the retail industry included buying software’s and its license, high end servers with high computing powers. By subscribing to Cloud Computing India services administration and networking of computers can be avoided, there is no requirement for storage units and no need to install firewall and antivirus protections.

A cloud computing provider can give analytical results to its retailer by identifying the trend, seasonality component of each product, brand or category and identify and monitor the performance. A retailer collects large sales data from the point of sale which if analyzed can give us an insight about the trend and demand of the customers. Due to the incompatibility between volumes of data and the processing power of the system these sales data get underutilized. Cloud provider uses high power computing resources to analyze these sales data in a much shorter time. Cloud Computing is definitely a boon to the retail industry as it not only reduces IT management cost but also contributes significantly towards inventory management.

Natural Mineral Water Indian Industry Analysis

Natural mineral water
According to American and European Regional Codex Standard, natural mineral water:
is obtained directly from natural or drilled sources from underground water – bearing strata.
is collected under conditions which guarantee the original natural bacteriological purity.
is bottled at the point of emergence of the source with

particular hygienic precautions is not subjected to any chemical treatment.

Indian bottled Water Industry

The bottled water industry in India is estimated at about Rs 1,000 crore and is growing at 40 per cent. “By 2010, it will reach Rs 4,000 – 5,000 crore with 33 per cent market for natural mineral water.

The formal bottled water business in India can be divided broadly into three segments in terms of cost: premium natural mineral water, natural mineral water and packaged drinking water.

It is estimated that the global consumption of bottled water is nearing 200 billion litres – sufficient to satisfy the daily drinking water need of one-fourth of the Indian population or about 4.5 per cent of the global population at the fourth World Water Forum held in Mexico City in March 2006.

In India, the per capita bottled water consumption is still quite low – less than five litres a year as compared to the global average of 24 litres. However, the total annual bottled water consumption has risen rapidly in recent times – it has tripled between 1999 and 2004 – from about 1.5 billion litres to five billion litres. These are boom times for the Indian bottled water industry – more so because the economics are sound, the bottom line is fat and the Indian government hardly cares for what happens to the nation’s water resources. Since 1991-

1992 it has not looked back, and the demand in 2004-05 was a staggering 82 million cases.

Mineral Water Market in India

For example, the per capita consumption of mineral water in India is a mere 0.5-liter compared to 111 liter in Europe and 45-liter in USA.

But over the last ten years, it has witnessed tremendous growth. The change is very much evident. Once a product found mainly at railways stations, mineral water today occupies a place on the shelf in most superstores, grocers and even paanwalas. From a mere 60 towns in the year 1997, it is predicted that mineral water is today available in more than 1000 towns and cities across India. With a compounded annual growth rate of close to 30% over the last decade, the mineral water market has witnessed a large growth in terms of volumes.

The market is highly competitive with the entry of MNCs like Pepsico and Coke. There are a lot of brands available in the market, each with its own proclaimed differentiation.

2.2 Player in the market

In natural mineral water there are very few company like Himalayan, Aava, Evian is playing in the market. 50% of the market is captured by Himalayan.
While a thousand bottled water producers, the Indian bottled water industry is big by even international standards. There are more than 200 brands, nearly 80 per cent of which are local.
Most of the small-scale producers sell non-branded products and serve small markets.
Despite the large number of small producers, this industry is dominated by the big players – Parle Bisleri, Coca-Cola, PepsiCo, Parle Agro, Mohan Meakins, SKN Breweries and so on.

Consumption of bottled water in India is linked to the level of prosperity in the different regions. The western region accounts for 40 per cent of the market and the eastern region just 10. However, the bottling plants are concentrated in the southern region – of the approximately 1,200 bottling water plants in India, 600 are in Tamil Nadu. This is a major problem because southern India, especially Tamil Nadu, is wate starved.

Mineral water business is restricted only to big hotels & Restaurants. This field has lot of scope because of unawareness in the market and people are becoming health conscious.