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equity bank hy2016 results
maka
#31 Posted : Wednesday, October 12, 2016 2:14:56 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Ericsson wrote:
@Angelica_ann
James Mwangi doesn't want to pay agents well so most of them are shunning equitel and prefer safaricom which takes good care of its agents.
That is why the other providers including equitel have been unable to play catch up with safaricom


Sad
possunt quia posse videntur
MaichBlack
#32 Posted : Wednesday, October 12, 2016 2:56:16 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,840
maka wrote:
Ericsson wrote:
@Angelica_ann
James Mwangi doesn't want to pay agents well so most of them are shunning equitel and prefer safaricom which takes good care of its agents.
That is why the other providers including equitel have been unable to play catch up with safaricom


Sad

Let us have figures @Ericsson.

Someone I know who happens to be a Co-op agent told me they huge cash transactions because they are paid PER TRANSACTION. Instead of accepting you 40,000/= deposit, they would rather serve 20 plus clients dealing in amounts approx. 2k.

Remember float is an issue. They only accept huge amounts if it works to their advantage. Like if most customers have been withdrawing and you come with a deposit and vice versa. But if things are relatively balanced or you want the "dominant" transaction, they simply tell you there is no float!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Ebenyo
#33 Posted : Wednesday, October 12, 2016 8:27:42 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
PeterReborn wrote:
Mwangi made a great presentation yesterday.No more brick and mortar offices.The future is online.


The future is digital.The company that embraces this reality,is worthy to invest.There are companies in NSE which have failed this test. NMG,Longhorn,Standard group and others.These are living in the past and will struggle to survive.Kudos to James Mwangi.
Towards the goal of financial freedom
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