Know How to Grow your TMT Dealership Business
The Indian construction industry includes both the Real estate and the Urban segment development.
The Real estate consists of hotels, buildings, retail, etc. whereas Urban Development mostly contains broad segments of Water Supply, Transportation, Sanitation etc.
The rapid growth of the Indian Construction Industry can be directly linked with the simultaneous growth of the following:
- The rapid development of Smart Cities in India.
- Industrial Corridors that have contributed to the nations growth.
- The construction of more Railway stations/lines for the better transportation scenario of the country.
- The building of Mega Ports.
- The increased demand of Commercial Spaces. Multiplexes, Shopping mall, extravagant residential complexes have recorded an exponential growth in the nation.
READ:
(https://www.pwc.in/assets/pdfs/future-of-india/future-of-india-the-winning-leap.pdf)
The dealership business of TMT bars also have seen and felt the boost.
Now, there are more and more growing demand of new buildings and thus the demand of more dealers who would readily solve the lay man’s problem.
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“We not only help in building just buildings, we make Homes”
-Asish Beriwala, CEO, SRMB Srijan Pvt.Ltd.
Here Are 3 Important Tips To Sustain And Grow Your TMT Dealership Business:
- Get in Touch directly with the manufactures
This helps you to do away with the middlemen and saves you cost.
This plays as a win-win for you as well as your customers.
- Keep your customers delighted
The customers who have been buying in a constant pattern be it Real estate, Commercial or Individual House Builders make sure you have their attention.
Regular wishes on occasions, invitations to events at your store or even a discount from your side may help them stick to you for a longer period of time.
- Plan Ahead
The key to success of such business is enough stock. Your working capital may be high but given that for 6 months you might not enjoy the credits from manufacturers but a sudden requirement will always prove lucky to you.
The construction industry is on a steady rise and the requirements are erratic from new prospects but when they come you should be ready.
All you need to do is take care of your customers when they come seeking your help.
All businesses are built on trust. Make sure the relations you build trust on you and your business.
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