Expansion into India Fave will be launching in India in 2021, representing a significant market expansion opportunity for sales growth and market penetration in a new and emerging economy.
Strategic Partnerships Fave has established key partnerships with major players like CIMB Group and Atlantic Records, showcasing opportunities for cross-selling and collaboration to drive revenue through innovative products and services.
Product Innovation - Buy Now, Pay Later The recent launch of the 'Buy Now, Pay Later' service by Fave presents a unique value proposition for sales representatives to promote interest-free credit and drive customer acquisition, leading to increased sales volume and customer retention.
Employee Growth and New Product Launch Fave plans to hire an additional 100 employees and launch a new buy now and pay later product, indicating an expanding workforce and product line, offering sales professionals the opportunity to target new markets and channels for business growth.
Market Presence and Digital Economy Transition With operations in 35 cities across Malaysia, Singapore, and Indonesia, Fave's strong market presence provides sales teams with a broad customer base and reach to capitalize on the growing trend of offline businesses transitioning into the digital economy.
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