BYJU'S builds 4-tier sales model to guard against mis-selling
The new sales model, said the firm, is "far more rigorous, entirely remote and includes a centralized tech-driven audit process that ensures all sales are triple-checked".
"The tech-driven, 4-tier approach enhances communication and precludes potential/rare mis-selling. Students are at the centre of everything we do, and their interest is paramount to us," mentioned Mrinal Mohit, CEO, BYJU'S India.
The firm has introduced multiple checks to verify customers' intent and consent to purchase.
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 affirms to make the sell.
The customer gives another consent on this app upon which the sale is closed.
In order to help students who need financial support, where requested, BYJU'S facilitates connecting the parents/guardians of such students to reputed third party banks/ financial institutions.
"The financing options, if acceptable to the parents, are concluded between the parent and the third party banks/ financial institutions and the approvals are done by these banks/institutions as per the mandated guidelines," said the company.
The company said it has rolled out 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".