BYJU’s rolls out new sales process to check mis-selling after malpractice allegations | The Financial Express

BYJU’s rolls out new sales process to check mis-selling after malpractice allegations

Under the new sales model, interested customers with minimum monthly income of Rs 25,000 will be eligible to buy courses from BYJU’s.

The ed-tech firm has been alleged to indulge in malpractices to lure parents and children to buy their courses.
The ed-tech firm has been alleged to indulge in malpractices to lure parents and children to buy their courses.

Ed-tech platform BYJU’s has announced the roll out of its four-tier tech-driven internal sales process to check mis-selling. The new sales process has been introduced as child rights body, National Commission for Protection of Child Rights (NCPCR) has issued summons to the company over allegations that the ed-tech firm is indulging in malpractices to lure parents and children to buy their courses.

According to an official statement, under the new sales model, interested customers with minimum monthly income of Rs 25,000 will be eligible to buy courses from BYJU’s and will need to give consent for placing the order and before closing of the sales.

The company has claimed that as part of its new sales process, it will educate an incoming lead about product portfolio and its new refund policy over a live Zoom session that is recorded for future audit, after which the process for order will begin.

“In the first step, the interested customers have to give their consent after reading the terms and conditions on the customer consent screen on a custom mobile app. The order verification team then revalidates the consent and double-checks if the customer agrees to make the purchase. The customer gives another consent on this app, upon which the sale is closed,” BYJU’s said in a statement.

Within the new four-tier sales process, the company has introduced an affordability test for all potential customers. “A threshold family income of Rs 25,000 per month is necessary to move forward with the purchase. Families with an income of less than Rs 25,000 per month automatically qualify for the BYJU’S Education For All (EFA) programme, where they receive access to BYJU’S content for their child’s grade level free of cost,” the statement added.

Furthermore, the ed-tech platform said that it assists students who require financial support by connecting the parents or guardians of such students to reputed third party banks or financial institutions. “BYJU’S is fully committed to a transparent sales mechanism, and our tech-driven, four-tier approach enhances communication and precludes potential or rare mis-selling. We are constantly striving to improve our customer experience and we believe that this new approach will make the initial stages of the sales process more efficient, clear and empathetic,” Mrinal Mohit, CEO, BYJU’S India, said.

With inputs from PTI

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First published on: 17-01-2023 at 12:07 IST