Market Research
Create a Consumer Finance Report to Onboard New Vendors for a Growing SME
Understand the consumer finance industry, and develop a vendor on-boarding layout for a fast-growing SME in the IT Retail sector
Ajay Akhnoor
Public Relations, Vishal Peripherals
About this Menternship
Opportunity:
Vishal Peripherals is an IT infrastructure and development company. They have been in the market for over two decades and are growing exponentially. From humble beginnings with a team of four, it has now grown into an organisation with more than 80 employees across multiple states. They work with governments, corporates and colleges across India. Customer satisfaction is at the centre of everything they do. Their credibility has enabled such rapid growth in the industry.

Problem:
Consumer credit is personal debt taken on to purchase goods and services. The lender may be a business that offers in-house credit in exchange for the business of the consumer. This has advantages for both the consumer and the retailer. The consumer is able to buy something that they could not have otherwise, in turn increasing the sales of the company. There has been a tremendous increase in the number of consumers availing financing options in the last decade.

Deliverable:
In this menternship, you will create a consumer finance report for an SME. The goal of the report is to onboard new vendors for consumer financing.


Why take up this Menternship?
On completing this Menternship, you will learn about
You will explore:
Consumer finance market
Forms of consumer credit
Vendor onboarding process
Trend analysis
Individual credit rating

You will apply:
Analysis of consumer finance
Evaluation of vendor onboarding process
Data collection

You will create:
Research report on consumer finance
Vendor onboarding form
Report on best practices for onboarding



Expected Output
  1. Research report on Consumer Finance (5 Pages Max)
  2. Vendor on-boarding form
  3. Report on best case practices
  4. Video of Self
Create a Consumer Finance Report to Onboard New Vendors for a Growing SME
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