Bangkok--1 Feb--Poly Plus PR
Jaymart Group discloses 2016 business plans by synergy affiliates and bringing strengths to create a good customer service. The company assures its total revenue will grow up to 30% or Bt 13.3 billion. Also Jaymart shops are set with full of goods and services to accommodate the high competition and the advent of 4G technology.
Mr. Adisak Sukhumvitaya, Chief Executive Officer, Jaymart Public Co., Ltd. revealed that in this year 2016, Jaymart Group has business plans combining its affiliates' strength parts. Therefore, Jaymart, a mobile phone business leader with the distribution channel of more than 260 branches, JMT Network Services Assets Co., Ltd, a leader in debt management and business loans, JAS Asset Co., Ltd, a leading provider of managed leased space within the shopping center and a real estate developer,Jaymart Holdings Co.,Ltd. with business investment in Myanmar and Singer Thailand Co.,Ltd., a leading network of direct sales marketing, service loans and leasing for consumers, will uphold retail strengths with strong nationwide distribution channels and many offerings from the company to deliver for customers. The expected revenue of Jaymart Group this year will amount Bt 13.3 billion or the growth of 30%.
For the mobile phone market this year, after the auction of spectrum licenses in 1800 MHz and 900 MHz for 4G technology provider of NBTC has successfully completed, they will be one of the key factors that will help stimulate the mobile phone market. Until the end of the year, the total market is expected to remain at 22 million units. Whereas Jaymart, Thailand's leading mobile phone dealers and accessories, is prepared to provide 4G services by joining venture with all 3 operators offering the 4G packages to customers as well as arranging areas within the shop for operators in order to create awareness and training staff to provide clients with the best possible information. Moreover, the new products will be compatible 4G technologies with several continuous models. Along with a proposal to pay in installments for customers through the program, "Jay Money," so that customers already own a mobile phone easier. It also has added new product lines into the lifestyle of customers including Gadgets, Wearable items, Smarthome products, and most recently released Camera product category focusing on Mirrorless, which is another strategy to increase its customer base to more use the services of Jaymart shop. These will result in sales increase in each branch as well.
Mr. Adisak continued that the company has allocated a budget of Bt 100 million this year for launching 20 new branches divided in shopping malls, potential modern trades, including the opening brand shops. Currently, Jaymart has the operated 260 branches spread across the country and renovating shops to be more modern. It prepares to adjust in-store display to accommodate new item categories in another 20 new branches. In the part of Jaymart Mobile Show, it plans to continue throughout the year, divided into 5 major events, another 25 related events and in-store events which have set a budget to Bt40 million as well as be prepared for online business which was registered a new company under the name of "Smart Item" for business in online marketplace. Result from marketing in different channels, Jaymart is expected to grow 30% or revenues of Bt12.5 billion.
Mr. Piya Pong-acha, Chief Executive Officer of JMT Network Services Pcl has revealed that in the year 2016, JMT is willing to buy debt into the port due to Bt1 trillion which will make JMT as a leading non-performing debt collection company in Thailand. By the year 2016, the company diversifies its own business through subsidiary company called "JMT Plus Co., Ltd.", a provider of personal loan under the brand J-Money in available loans to general retail customers in the amount of Bt 2,000 million to increase revenue growth of 15%.
For the part of Mr. Supoj Wanna, Chief Executive Officer of JAS Asset Co.,Ltd. said that the 2016 business direction is aimed to open branches of the three main business areas at least 10 branches: IT Junction at least eight branches and ready to launch J Night Market 1 branch, including opening a community shopping center THE JAS Srinakarin. The company invests not less than Bt 650 million this year to continue the growth of corporate earnings and targets revenue growth of 30%.