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There is only one way a retailer can survive in this business, says Mumbai-based
Naresh Popat of Checkmate Computers - convince yourself and stick to selling
only branded PCs, and never diversify into assembled machines.
This is the mantra Naresh swears by in his business. He convinces his
customers to go for branded machines alone, which cost only a couple of hundred
rupees more.
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| PROFILE |
| START-UP YEAR |
1999 |
| ADDRESS |
17, Sumer Nagar,
Borivli (W), Mumbai - 400 092. |
| PRODUCTS AND
SERVICES |
PCs, peripherals
and software |
| AGENCY
OPERATIONS |
HP, HCL, PCS,
Toshiba, Nokia, Acer, Lexmark, Canon and Epson |
| TEL |
022-56904637,
28087421, 56001906 |
| E-MAIL |
popatnp@hotmail.com
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EARNING WHILE LEARNING
Naresh started his career at HCL Infosystems while he was still in college,
selling photo-copiers, fax machines and EPABX systems. When HCL opened its
Frontline chain of retail outlets in 1993, Naresh was shifted to this division.
This was his first brush with the retail business and he learned all the trade
intricacies of product positioning, brand building, service and support.
After working with the Frontline division for five years, Naresh decided to
start his own business. Thus Checkmate Computers was born in February 1999.
Naresh ran the business from his home. His turnover that year was a modest Rs 85
lakh. By 2002-03 it had grown to Rs 1.7 crore.
Initially Naresh began by assembling machines, but soon realized that this
was not the business he wanted to be in. "Selling branded machines makes
sense as the vendor vouches for all the components and they also undertake
frequent branding exercises," he notes. Naresh tied up with PCS and HCL and
set up a retail showroom in November 1999. Currently, Checkmate deals in HP,
Toshiba, Acer, Epson, Canon and Lexmark.
FOCUSING ON SERVICE
Naresh is very conscious that post-sales service is one of the most important
aspects of retail business. This is why he ensures that his seven employees are
capable of addressing all service related queries.
In fact, when his four engineers are busy on support calls and he has to
offer service to another customer, he does not keep the buyer waiting. Instead,
he contacts another reliable partner and pays him to provide service to the
user. "Service at all costs, is what we believe. So I don’t mind spending
from my pocket, as long as my customer gets his money’s worth," says
Naresh.
Checkmate’s team calls up customers every month to find out if they need
any assistance. This pro-activeness has resulted in good repeat business and
referrals.
RELY ON YOURSELF FOR BRANDING
While most retailers depend on vendors for local branding exercises, Naresh
invests in these programs himself. He regularly distributes hand bills in the
suburbs, where his retail outlet is, to get more walk-ins.
Naresh is also very clear on his policy that he will not sell assembled
machines or pirated software. He would rather lose orders than deal with a
customer who wants pirated software. "We encourage buyers to go for legal
licenses, but if they persist, we ask them to take the software from some other
dealer," Naresh maintains.
Naresh has concentrated only on the home segment and has a live database of
1,000 IT users, of which 50% are potential buyers.
Naresh feels that retail is not a failing business, it is the
over-expectation that retailers have that makes it appear so. "Be realistic
about the numbers you will achieve and adjust your overheads accordingly. Then
you will never go wrong," he sagely advises.
VINITA BHATIA Page(s) 1
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