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clock Created with Sketch. 01/09/23
21:14
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Originally posted by bedger:
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Clearly need to kick some backside in the Korean and Singapore sales teams. Possibly kick them altogether along with a few of themselves.A year ago the half yearly accounts featured practically the identical blurb, WORD FOR WORD. No. The reason for your losses is you are throwing money at sales locations that then fail to deliver when established and your general Sales, marketing, and business development expenses have been larger than the revenues achieved, even on a lagged basis. They did at least only grow by the increase in sales revenues this year, but still not good enough. Stop throwing new money at new geographical sales locations and look at previously established sales locations and ask why (with the exception of Vietnam) they are going backwards.
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Clearly Asia is where they seem to be doing better, and yes they should focus on that. US markets can be tackled later, can be a harder market to conquer - sure they can price it higher there but hope they focus on what generates the most revenue.
