ICT Circle fully understands the IT industry supply chain process and acknowledges that Distributors play a very vital role, they act as a conduit between various manufacturers and systems integrators.
ICT Circle gives Distributors a platform to add value to their existing and future clients by increasing their reach, marketing products & services, running promotions, onboarding and validating the new buyers (using credit monitoring agencies and business references), facilitating funding via funding partners, and getting service feedback.
Distributors stock inventories of various vendors, manage them and ship them to the buyers thus giving the buyers a complete peace of mind in their procurement process.
Distributors can showcase their complete range of products and services to attract and onboard new clients who till now were not known to them in the geography respresented by them in their region. ICT Circle helps them reach every nook & corner as per their choice which in turn can increase their virtual footprint.
After using the platform for a certain period of time, distributors will come to know the buying patterns of their customers and accordingly, they can stock up the things, manage their inventories, throw deals for unsold or slow-moving products, test market the new products and offer services if required. This can help them save the expensive real estate, optimum stock levels and better cash flows, hence they can invest in new avenues.
A wonderful venue to know what is happening around in your markets, firsthand feedback, and reactions, witness the trends as they change, and gain insight on what is needed to be stopped and what new to be introduced. Competitor offerings, comparisons, differentiation, etc. All this and more in one place.
Even the most regular customers are sometimes unaware of the complete range of products & services that are offered by their regular distributors and they keep procuring the same products on daily basis. ICT Circle give opportunity to distributors to create awareness about the complete range of products they carry, hence they can up-sell and cross-sell complementing products to their existing customers thereby increasing the revenue.
Creating the right product mix based on the customer demand patterns, invest in the products optimally, arrange proper product training, provide the right market sentiments and feedback to the respective vendors so that they can revisit their product enhancement or marketing strategies.
As a listed subscriber, distributors gain access to the comprehensive reports at their fingertips, see what is moving and how much, in what regions on the dashboard. Also they get to know the performance of listed products in terms of their movement and revenue generated from daily sales, growing product portfolios and optimizing the ones in hand, which in turn can help in planning the business forecast and cash flow, assisting faster and accurate decision making.
Distributors acts both as stockiest and sellers, this calls for investments in stocks and building an intelligent team to identify and channelize the products & services on behalf of vendors they are representing in pre-defined geographies. Distributors also extend credits to the channel; this calls for a huge amount of investment and planning. ICT Circle makes it easy by bringing business intelligence available to them to optimize their business processes which can reduce the investment pressures and free the management to focus on developing their core business.