Articles by "Education"
Showing posts with label Education. Show all posts
Rupnagar, August 24, 2024 (News Team): The Indian Institute of Technology Ropar (IIT Ropar), in collaboration with Masai School, is thrilled to announce the commencement of its pioneering Minor in AI program, designed to equip students with the essential skills needed to excel in the rapidly evolving field of Artificial Intelligence. To mark this significant milestone, IIT Ropar is hosting an exclusive orientation event on August 24, 2024, welcoming over 200 students from diverse backgrounds who have enrolled in the program.
Ludhiana / Jalandhar, May 22, 2024 (News Team): BYJU'S Tuition Centres (BTCs), India's largest and strongest network of learning centres, have started batches for the 2024-25 academic session in
Ludhiana/Jalandhar, May 10, 2024 (News Team):
In a candid meeting with over 1,500 sales associates and managers, BYJU'S founder Byju Raveendran unveiled a groundbreaking shift in the company's sales strategy, emphasizing a sustainable and scalable model that empowers its sales workforce while making quality education more accessible than ever before.
Here are the highlights.
Transitioning to a Pull-Based Approach
BYJU'S has completed its transition from a push-based to a pull-based sales model, which is driven by love for learning rather than the fear of missing out. Managers will now act as coaches, focused on supporting and enabling the sales team rather than enforcing strict call quotas. Associates will have the flexibility to work on their own terms, with no tracking of the number of hours spent on calls. “If you can get results by spending just half an hour a day, please do that. Want to only work on the weekends? Why not?” Byju said, encouraging a results-driven approach.
Unprecedented Price Reductions
In a bold move to democratize education, BYJU'S has significantly reduced the prices of its products. The annual subscription for the BYJU'S Learning App is now available at an unbeatable yearly price of INR 12,000 (inclusive of taxes), while BYJU'S Classes and BYJU'S Tuition Centres (BTC) are priced at INR 24,000 and INR 36,000 respectively for a complete year of classes.
Unprecedented Earning Potential for Sales Associates
In a game-changing move, BYJU'S sales associates will receive 100% of the sales closed directly into their accounts the next working day, with managers receiving 20% of the same from the company. “The average sales salary is INR 40,000 per month. So, close a couple of sales, and you can get not just your salary but also clear your arrears. You can earn many multiples of your CTC through this model,” Byju said.
After clearing arrears, associates will receive 50% of sales closed, while managers will receive 10%. Byju emphasized that this “four-week experiment” has the potential to become a “forever model,” citing the exceptional response during the first week, with some sales team members already clocking salaries commensurate with a 50 lakh per annum CTC.
Counselling, Not Selling
As the top of the funnel has been ever growing, with the number of free users touching 250 million, there is no dearth of interest in the products and services. The sales associates are encouraged to experience the products themselves to understand their unparalleled quality and market-leading position. “I want you to understand what it means about the quality of our content and the power of our brand. So, your job is not to sell, but to counsel. You just have to guide the students and parents who are already inclined towards the transformative learning that BYJU'S offers. You are not salespeople; you are education counsellors, empowering students to become better learners” Byju said.
In the new model, managers will have a role of a mentor and not of task masters. Employees are encouraged to report any ill-treatment, forced-sales or rude behaviour of managers directly to Byju. This will bring about a cultural shift in the minds of the sales teams.
Sustainable and Scalable Growth
The CEO highlighted the sustainable and scalable nature of this sales model, inviting associates to expand their teams by inviting friends to sell and act as their managers. He envisioned a 50,000-strong sales force within the next year, demonstrating BYJU'S ambition and commitment to growth.
Open to Innovation
In a display of openness and collaboration, Byju invited associates to share innovative ideas directly with him, promising his full support and reiterating his commitment to restoring BYJU'S to its former glory. He said that BYJU'S of 2024 is the same as BYJU'S of 2015, when the company launched its learning app and pioneered Edtech and redefined Education globally . With the ongoing implementation of BYJU’S 3.0, there is no doubt that the company will not just maintain its leadership position but also improve it in the coming years, the CEO asserted.
In a candid meeting with over 1,500 sales associates and managers, BYJU'S founder Byju Raveendran unveiled a groundbreaking shift in the company's sales strategy, emphasizing a sustainable and scalable model that empowers its sales workforce while making quality education more accessible than ever before.
Here are the highlights.
Transitioning to a Pull-Based Approach
BYJU'S has completed its transition from a push-based to a pull-based sales model, which is driven by love for learning rather than the fear of missing out. Managers will now act as coaches, focused on supporting and enabling the sales team rather than enforcing strict call quotas. Associates will have the flexibility to work on their own terms, with no tracking of the number of hours spent on calls. “If you can get results by spending just half an hour a day, please do that. Want to only work on the weekends? Why not?” Byju said, encouraging a results-driven approach.
Unprecedented Price Reductions
In a bold move to democratize education, BYJU'S has significantly reduced the prices of its products. The annual subscription for the BYJU'S Learning App is now available at an unbeatable yearly price of INR 12,000 (inclusive of taxes), while BYJU'S Classes and BYJU'S Tuition Centres (BTC) are priced at INR 24,000 and INR 36,000 respectively for a complete year of classes.
Unprecedented Earning Potential for Sales Associates
In a game-changing move, BYJU'S sales associates will receive 100% of the sales closed directly into their accounts the next working day, with managers receiving 20% of the same from the company. “The average sales salary is INR 40,000 per month. So, close a couple of sales, and you can get not just your salary but also clear your arrears. You can earn many multiples of your CTC through this model,” Byju said.
After clearing arrears, associates will receive 50% of sales closed, while managers will receive 10%. Byju emphasized that this “four-week experiment” has the potential to become a “forever model,” citing the exceptional response during the first week, with some sales team members already clocking salaries commensurate with a 50 lakh per annum CTC.
Counselling, Not Selling
As the top of the funnel has been ever growing, with the number of free users touching 250 million, there is no dearth of interest in the products and services. The sales associates are encouraged to experience the products themselves to understand their unparalleled quality and market-leading position. “I want you to understand what it means about the quality of our content and the power of our brand. So, your job is not to sell, but to counsel. You just have to guide the students and parents who are already inclined towards the transformative learning that BYJU'S offers. You are not salespeople; you are education counsellors, empowering students to become better learners” Byju said.
In the new model, managers will have a role of a mentor and not of task masters. Employees are encouraged to report any ill-treatment, forced-sales or rude behaviour of managers directly to Byju. This will bring about a cultural shift in the minds of the sales teams.
Sustainable and Scalable Growth
The CEO highlighted the sustainable and scalable nature of this sales model, inviting associates to expand their teams by inviting friends to sell and act as their managers. He envisioned a 50,000-strong sales force within the next year, demonstrating BYJU'S ambition and commitment to growth.
Open to Innovation
In a display of openness and collaboration, Byju invited associates to share innovative ideas directly with him, promising his full support and reiterating his commitment to restoring BYJU'S to its former glory. He said that BYJU'S of 2024 is the same as BYJU'S of 2015, when the company launched its learning app and pioneered Edtech and redefined Education globally . With the ongoing implementation of BYJU’S 3.0, there is no doubt that the company will not just maintain its leadership position but also improve it in the coming years, the CEO asserted.
Ludhiana / Jalandhar, April 16, 2024 (News Team): BYJU'S today announced a major reorganization to streamline its operations and position the company for long-term success. As part
Ludhiana, June 27, 2023 (News Team): India’s first University to impart Artificial Intelligence – led education for undergraduate and post – graduate programmes has become operational in Karjat near Mumbai, as the Maharashtra Government’s Higher and Technical Education Department has given its final nod. The University will commence its first academic year from 1st August this year and expects many students from Punjab to seek admissions.
Ludhiana, May 27, 2023 (News Team): A Form Assembly ‘Yaadon ki Baarat’ was proudly presented by Class VII at Sat Paul Mittal School, Ludhiana. It showcased a unique musical journey engaging the audience with rib tickling anecdotes from the lives of legendary musicians like Kishore Kumar and R.D. Burman.
Ludhiana, May 14, 2023 (News Team): The Council for the Indian School Certificate Examinations (CISCE) declared the results of the ISC Class XII and ICSE Class X academic session 2022-23 on 14th May, 2023 and Sat Paul Mittal School, Ludhiana was back again into the news for the stellar performance of its students in both the board examinations. The outstanding results were a clear testimony to school’s consistent efforts to strive for excellence and brilliance. The results brought cheer amongst the students as several clinch 95% and above.
Ludhiana, May 06, 2023 (News Team): The 28th Inter-School Declamation Contest was organized by Nehru Sidhant Kender Trust at its Panday Auditorium to commemorate the 59th death anniversary of Pandit Jawahar Lal Nehru. The contest, like every year, received an overwhelming response from the schools in Ludhiana.
Ludhiana, May 04, 2023 (News Team): The TLM is a repository of innovative and best teaching aids in English, Hindi and Punjabi. The innovative TLMs have been designed by brilliant teachers of Satya Bharti Schools on various concepts and themes for building better academic understanding and skill development of students.
Ludhiana, April 29, 2023 (News Team): Sat Paul Mittal School, Ludhiana bade a fond farewell to the outgoing Class XII batch of 2022-23 with great enthusiasm. The day was a fiesta devoted to the years spent together with friends and teachers to reminisce joyous moments. The juniors had prepared a special cultural extravaganza to entertain their seniors. The function began with a warm and hearty welcome to the Chief Guest of the day, Bhupinder Gogia, Principal Sat Paul Mittal School. It was followed by a plethora of foot-tapping dance performances.
Ludhiana, April 07, 2023 (News Team): Sat Paul Mittal School celebrated its vicennial milestone in Ludhiana today, in the presence of Chief Guest Dr. Shashi Tharoor, a renowned author, and former international civil servant along and currently a Member of Parliament from Thiruvananthapuram with Rakesh Bharti Mittal, Chairman, Governing Council, Sat Paul Mittal School and Bhupinder Gogia, Principal, Sat Paul Mittal School. The members of the Governing Council members and the Academic Advisory Council and several other dignitaries were also present at the momentous occasion.
Ludhiana, November 28, 2022 (News Team): Sat Paul Mittal School unveiled yet another heart-warming, colourful and glorious cultural extravaganza: ‘I- Care’, the Annual Function of classes PV-V. The function was divided into two parts Classes PV-1 and Classes II-V respectively. The Satyans of classes PV to V presented a scintillating show with utmost poise and vigour.
Ludhiana, July 29, 2022 (News Team): Satyans believe in the axiom, “We are what we repeatedly do. Excellence, then, is not an act, but a habit.” And they have aptly proved this by achieving outstanding results in Class X and XII Board Examinations. The outstanding results achieved by the Satyans are a tribute to the School’s constant endeavour to foster a culture of excellence and bring out the best in every child.
Ludhiana, June 24, 2022 (News Team): Sunstone, one of India's leading higher education service providers with presence across 25 cities in 30+ institutions, now offers its benefits to CT University (CTU) Ludhiana, Punjab. Recognized by University Grants Commission of India, CT University offers a wide range of programmes across disciplines and at various levels of UG programmes in various disciplines.
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