Advantages of a Smart glass over sales person
Assuming company’s total annual sales to be Rs. 50,00,000.
1. Easy navigation
Better experience and fast query solving helps customer stay and increase in sales. Let us assume the annual sales on busy days (except Fridays & Saturdays) (= Rs. 70,00,000) increases by 10%.
Earnings increase by:
Rs. 7,00,000 per year Rs. 58,333.33 per month Rs. 1917.81 per day
2. Elimination of
sales persons Considering average workers per hour to be 10 and hours open/week to be 80.
Total annual hours = (average workers per hour * hours open per week * number of weeks)
= (10 * 80 * 52) = 41600
If the average hourly labour cost is Rs. 40, the annual labour cost comes out to be Rs. 1,664,000. Assuming reduced number of hours to be 50% of the total hours, the profits earned are:
Rs. 8,32,000 per year Rs. 69,333 per month Rs. 2,279 per day
3. Close-out requirements
prevent employee theft Assuming 4% of total annual sales is prevented from employee theft, the money saved would be:
Rs. 2,00,000, per year Rs. 16,667, per year Rs. 548, per day