7/13/2022 Strengthen the Foundation Now for Future Growth - Pragat Dvivedi, Founder Editor, Ply reporterRead NowThe wood panel industry is now going through few structural changes where there is a tremendous need of improvement in daily practices of business owners. The need of 3Ms were never felt so badly before, so far as I have seen during my last two and half decade in this industry.
The need of good and sustained supply of MATERIAL is very evident in timber, chemicals and paper segment. The crisis of timber is so scary that there does not seem to be any significant relaxation till early 2025. The supply chain imbalances is pushing the enterprises to create a clear cut procurement and purchase policy and set finished goods prices on that basis. Read more: www.plyreporter.com/article/93211/strengthen-the-foundation-now-for-future-growth-pragat-dvivedi-founder-editor-ply-reporter
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4/29/2022 LIVE Market Update with Pragath Dvivedi, Founder & Editor-in-Chief, The Ply Reporter; Supporting Partner: MODAK - Zero-Compromise PlyRead NowKEEP 30 MINUTES RESERVED ON THIS SUNDAY at 11:30 AM for LIVE Market Update with Pragath Dvivedi, Founder & Editor-in-Chief, The Ply Reporter; Supporting Partner: MODAK - Zero-Compromise Ply
WHEN: 01 May (SUNDAY), 11:30 AM WHERE: PLY REPORTER FB Page ASK YOUR QUESTION TO PRAGATH JI: https://forms.gle/4NifkabWCzS8XfVV6ABOUT MARKET UPDATE WITH PRAGATH DVIVEDIA keen researcher, publisher, and business analyst, Pragath Dvivedi started PLY REPORTER with the sole aim of organizing the unorganized industry through the right information, content & forecasts. The LIVE episodes of PLY REPORTER'S 'MARKET UPDATE with PRAGATH DVIVEDI' are about his sharing of current market information and answering questions from the LIVE audience. Source As an industry, plywood sector is facing tremendous pressure from all sides. Timber prices have been a cause of concern since a few months but war led volatility has flared up all chemicals and fuel. The raw material cost is set to put pressure on manufacturing sectors across wood based and decorative surface industry which will force the trade to enter in a volatile state again. But so far, trade and markets are not yet implementing the new rates which will have to be.
Also Read: Plywood News The industry related to iron, steel, cement, glass, roofing sheets, ACP, PVC etc, all have seen sharp price increase but the same is not yet evident in wood panel sector. Wood based Industries, being largely fragmented and unorganised, find themselves in throat cutting competition, thus the profits of ply-lam sector is under pressure for this quarter as well as till stability is assured. But looming energy crisis especially in Europe shall further accelerate RM cost. The ongoing scenario is certainly bad for any businesses because it dent consumers’ clarity and bring in doubts on trade people. The crucial factor will be intelligent and informed decisions, made by business owners during these volatile times.In last 1-2 months, the input cost of plywood is impacting in such a way that require to increase around 12 to16% in sales prices depending upon core width, but market is not passed on the full effect of RMC so far. In weeks to come, plywood, laminate, PVC laminate, ACP etc all categories will see further price rise announcement and no one can prevent that. The ongoing scenario is certainly bad for any businesses because it dent consumers’ clarity and bring in doubts on trade people. The crucial factor will be intelligent and informed decisions, made by business owners during these volatile times. Prices are set to rise else there will be direct cash losses especially for SMEs and mid size units in particularly plywood and laminate category. The present scenario in markets is better on demand front. Offices too have started opening up, that is driving demand for wood products. Covid is no more a worry hence a boom in hospitality sector, i.e. hotels, events, restaurants etc is also warming up in the country. The demand on domestic front is certainly getting better which will be visible in FY 2022-23. FY 2022-23 is going to be very-very booming and healthy although profitability will remain a matter of chance. The exports will be impacted which might shake some numbers for Indian export driven companies. On the whole, the WBI & trade are on a tight rope for now. Stay informed, keep reading Pragat Dvivedi, Founder Editor Mail to “[email protected]”, ( M) 9310612991. Source To run a plywood business can be a bit hectic and tricky, all you need is a synchronized planning and best marketing tips. Taking the help of market analysts can be a good option for you.
Here is how to promote your plywood business:
According to ISFR (Indian State of Forest Report) 2021, India’s forest cover has increased from 21.67% of the total geographical area in 2019 to 21.71% in 2021. In the period, the country added 1,540 sqkm of forest cover to 713,789 sqkm in 2021, said the ISFR 2021. Out of the 1,540 sqkm increase, 1,509 sqkm is in the “outside RFA” category while only 31 sqkm is “inside RFA”, the report added.
In the same period, the country’s total tree cover also increased by 721 sqkm, taking it to 2.91% of total geographical area in 2021 from 2.89% in 2019, the report said, adding that an overall increase of 2,261 sqkm (0.28%) of forest and tree cover has been observed as compared to 2019. “The ‘outside recorded forest area’ accounts for 28% of India’s forest cover, and comprises plantations of horticulture, pulpwood species as well as rural and urban greens,” said Mr Anoop Singh, director general of Forest Survey of India (FSI) who has drafted a note to address various concerns being raised on the India State of Forests Report (ISFR) 2021, released on January 13. “In Chapter 2, Table 2.6, the forest cover figures are divided as ‘Inside Recorded Forest Area’ and ‘Outside Recorded Forest Area’. Those inside RFA are basically natural forests and plantations. Forest cover outside RFA includes mango orchards, coconut plantations, and block plantations of agro-forestry. They are automatically separated out and are clearly mentioned in the table,” he wrote in the note, emphasising that India has been transparent about the extent of forests. In ISFR 2021, 72 % of forest cover figures pertain to recorded forest area and only 28% of forest cover is outside the forest area, the note said, refuting concerns over the extent of natural forests in the country. “Most of the critics have not seen this table and have commented based on their pre-conceived notion. The areas of tea, coffee etc. are available with the respective boards and horticulture departments or from revenue records, where these details are recorded,” Singh added. The marginal increase in forests inside RFA is an issue of concern, Singh said. This needs to be analysed and compared with the areas planted under various schemes of the central and state governments to re-strategise. Are we reaching saturation inside recorded forest area or are we losing areas or are the plantations less successful? I do not need to raise any alarm, but a serious thought and analysis is required,” the FSI director general said in the note, shared with select media on Friday. He informed that between November 2020 and June 2021, a total of 345,989 fire incidents have been reported in forests across the country, as compared to 124,473 in 2019-20 and 210,286 in 2018-19, adding it was also “worrying”. Source The subtleties of your business procedure will differ as indicated by your circumstance and your company's one of a kind deals targets. Yet, as a general rule, there are a few things you should think about while contriving a framework for offering to Plywood businesses.
Deals Strategy Tips Powerful Plywood business deals techniques center around selling essentials and ROI. A few deals strategies are more viable than others and the ones that expand ROI should be focused on. Likewise, it's critical to keep away from a storehouse way to deal with Plywood business deals. Companies that separate their business units fall behind in the commercial center, particularly when they face companies that empower exchange and cooperation between deals, showcasing and different units. Methodologies for Selling to Plywood businesses As a rule, pressed wood and facade discount and makers companies are constantly intrigued by items that assist them with working fair and square of administration to their clients. Cost is a steady concern, however on the off chance that Plywood companies accept another item or line of items can considerably work on their clients' insight, value assumes a lower priority in relation to quality. Companies that offer to Plywood business companies need to likewise perceive the way that Plywood business companies aren't really the recipients of their items, so techniques that attention on upgrading client encounters are regularly generally welcomed by purchasers. A few B2B Plywood business providers choose outsider showcasing over inside advertising exercises. In any case, your promoting technique should use a multichannel approach that tends to the different ways pressed wood and facade discount and producers entrepreneurs access data. Customary stations like standard mail and selling have esteem, however they ought to be joined with online methodologies like email crusades, site SEO and long range informal communication drives. Top B2B outreach groups regularly utilize solid lead age systems. Drives drive deals cycles. Until your company fosters a framework for procuring and qualifying Plywood business and producers business drives, it will be hard to catch a significant portion of the market. Now talking about the best marketing tips for selling plywood in the Indian market, let’s suppose distributor or seller or wholesaler. For example, Raghav is a distributor for a brand of plywood, that means he gets directly from the manufacturing plant and he keeps all the stock of that brand. He makes an agreement with the manufacturing factory with an agreement that he will move the required number of trucks load per month or per week.
1. The primary concern of Raghav is to look for the network to supply. For that he needs to approach some dealers locally. 2. He later finds a genuine dealer and check if that dealer is genuine in payment. 3. Then he starts supplying materials. As a matter of fact, initially, the dealer would ask for credit. 4. To save transport cost, any dealer would stock at least 100 sheets. A common trend with most of the dealers – They will pay you on weekly basis. 1. Even though you are manufacturing superior grade plywood materials, many dealers may not support you or purchase from you. 2. You need to keep on visiting the dealer a number of times requesting the order (Minimum 10). 3. This is not only in the case of plywood, but also with Hardwares, PVC pipes, plumbing materials etc. 4. As a plywood business owner, you need to have a lot of patience in maintaining field staffs for promoting the products, in investing on the stocks, and maintaining the executives. Here are the selling views of a retailer: 1. Should have thorough knowledge about the product. 2. Product availability and how many brand pr varieties are available. 3. Retailers are so careful in choosing a client. 4. They know customer pulse / requirements. As a leader of your Plywood business, you need to routinely check the changes in strategy. For B2B plywood sales outsourcing, you need to keep your sales team, partner, a key contributor to revenue on track. It's high time to channel their efforts and scale your plywood business.
You should know what is B2B plywood sales outsourcing and follow the top tips to attain your goal. The idea of sales outsourcing first came to the limelight when many businesses were not able to balance their thirst for growth and lack of proper strategy to handle the volume of new leads. Moreover, in-house, they also didn't have a full-scale sales team to handle this task. So, now certain sales tasks are regularly outsourced to different companies. Things to know about Sales Outsourcing: Sales outsourcing is basically the process of allowing a 3rd party or agency to process a part of your sales. It could include: 1. Market research. 2. Handling routine sales tasks like inbound calls or outbound calling. 3. Lead generation. 4. You can include some of the B2B plywood sales tasks in an agency. Who can take the advantage of B2B plywood sales outsourcing? 1. This method is usually considered by small plywood businesses that lack manpower, and other resources. 2. It helps salespeople focus more on selling. 3. Sales outsourcing increase flexibility and helps the sales team focus on tactical tasks or strategies. Top reasons to consider B2B Plywood sales outsourcing: 1. It drastically reduces the burden on administrative task and allow ample time for selling. 2. If your sales team is unable to handle certain sales functions. 3. Unable to hire top sales talent due to low budget. 4. Allows you to scale across the new market with proper strategies and planning. 5. If you have a small team that is unable to handle the volume of leads generated. With the advancement of the latest technologies, the Plywood market in India is increasing rapidly. Ply Reporter is one of India's leading portals that publish the trending plywood business and market news. New plywood business owners and those who are well settled too can gain a lot out of it. Visit: Ply Reporter today! If you are a plywood manufacturing business owner and if your business is related to wooden products, follow this blog on top factors to consider when choosing a partner. A business owner should look for a reliable B2B plywood supplier/partner for growth in the Indian plywood market today. Moreover, it also holds crucial importance in the business.
For a steady growth and timely supply in the market, corporate business generally tends to struggle to find the right business partner. To maintain long-term stability and growth, plywood manufacturers need to maintain quality standards when dealing with wholesale plywood suppliers. Here are the top factors when choosing the right partner: 1. Plywood quality is the most important factor Wholesale Plywood quality is one of the most important factors and plays a crucial role in doing business with others. Make sure to maintain affordable prices available within the market. > Brand awareness to reach good partners. > Develop a relationship of trust. > Make a strategy to build loyal consumers. > Manufacture the best quality plywoods with a wide range of grades. 2. Plywood products with a variety of selections Ensure providing premium-quality plywood products with a large variety of selections so that consumers can choose as per their requirements. Plywood logistics must ensure timely delivery of ordered items. 3. Always ready for the possibility of custom orders Plywood demand is ever-changing and it is very essential to satisfy your plywood distributors demands and customization your orders. Make sure to be ready for the possibility of custom orders. A good supplier takes care of all these concerns and maintains the transactions dynamically. 4. Timely delivery on the required quality You might fail in your business if you don’t deliver the required quality on time. Plywood logistics must be prompt in fulfilling the demands whether it be small or big business. 5. Returning faulty products You must maintain optimal strategy and maintain ease in returning faulty products. It not only maintains good relations with partners but also helps you garner happy consumers. 6. Allow your partners to understand your objectives “Together We Grow” must be the motto of every business to grow and prosper. The same goes with plywood business where you should allow your partners to understand your objectives so that a smooth and high profitability market strategy can be formulated. Good communication is highly needed to attain the goal. Last but not the least, time to time conversations about analysing the changing market, demands, etc is essential. If you are a plywood business owner and willing to get the latest updates about the Indian plywood industry updates, visit: Ply Reporter for all the market updates, forecasts, watch webinars, and lots more. |
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