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7 best Digital Marketing Books in India for newbie Marketers and Business Development professionals are the ideal listed books for those who decided to pursue digital marketing as a career.

Even though all the basic information which you need to run a marketing campaign and acquire customers, is available over the internet. It is ideal to read the best digital marketing books to understand the following concepts of digital marketing.

• Search Engine Optimization (SEO).
• Pay-per-Click (PPC).
• Content Marketing.
• Social Media Marketing.
• Email Marketing.
• Marketing Analytics.
• Affiliate Marketing.
• Mobile Marketing.

Best digital marketing books in India are the best source of information that you can look into and rely on and learn quite easily. As the books offer systematized and structured knowledge, we list the 7 best digital marketing books.

Reading these books and understanding the principles and concepts will not make you a perfect digital marketer,  you have to practically implement each method and analyse the performance and improve it day by day to become a professional digital marketer.

BOOK 1: Digital Marketing- cases from India:

Author:

Dr Rajendra Nargundkar is a Professor at the Indian Institute of Management (IIM) Indore in Marketing and he has been Director of IMT Nagpur. He has written many books related to marketing and his current focus, research and teaching are in Digital Marketing, Social Media, Advertising, Tourism and Retailing.

For more books from authors: https://amzn.to/3m6psnX

Content:

Buy From Amazon: https://amzn.to/3GFDart

The best selling Digital Marketing book by an Indian author Dr. Rajendra Nargundkar “Digital Marketing” consists of a collection of short case studies related to the issues in the domain of digital marketing.

• Books cover the topics of email marketing, social media marketing, marketing campaign management and analysis,  marketing strategies, etc.
• This digital marketing book presents the real digital marketing challenges which are faced by the professionals and the organizations, in addition, this book shares the steps they can follow to manage it.

This book will be a supplement to any digital marketing course textbooks for classroom teaching or for professional digital marketing management programs.

BOOK 2: Digital Marketing Dictionary:

Author:

Dr Ujjwal Chugh is the best and most renowned author, motivational speaker,  life coach and keynote speaker. He had a leading versatile company which delivers end to end digital solutions and technology products.

For more books from authors:  https://amzn.to/3tbpHCe

Content:

Buy From Amazon: https://amzn.to/3aoPxMn

The best Indian bestselling Digital marketing book “Digital Marketing Dictionary” is an initiative towards the fulfilment of the dream concept “Digital India”.

• This book is written in a simple and descriptive style. This best selling digital marketing book “Digital Marketing Dictionary” explains the concepts of digital marketing in detail. By reading this book anyone can understand the concepts and terminology used in digital marketing in day-to-day marketing.

Books also give a basic understanding of HTML Site Map,  Dead Link, Click Rate, Digital Optimization, Malicious Tagging, ORM, Zapier, UPI, W3C etc.

BOOK 3: Marketing Essentials:

Author:

Vibrant Publishers is a leading publishing house in the USA which is focused on high-quality referral books for management professionals, IT professionals,  and graduate students. Vibrant Publishers is committed to publishing content-rich, concise books at a reasonable price to benefit all its readers.

For more books from authors: https://amzn.to/3tbpChU

Content:

Buy From Amazon: https://amzn.to/3m4HA1p

This set of books called “Marketing Essentials” is counted as one of the best digital marketing books available in India which will Integrate Digital Marketing with the traditional business Strategies. This set will have 3 of the best business books.

BOOK 1: Digital Marketing Essentials will help you to understand the principles of marketing and boost productivity.

• This book includes the tools required for the winning digital marketing strategy.
  

BOOK 2: Marketing Management Essentials, which will help you to understand the required skills in the world of marketing.

• This book will help you to understand the functions and elements required in digital marketing and the skills required for the marketing manager and help to understand the relationship between marketing strategies.

BOOK 3: Business Strategy Essentials is the best book to help you to strengthen your strategic management skills.

• Reading this best marketing book helps you to understand industry structures and their life cycles and the do’s and don’t in the marketing industry.

BOOK 4: Quick win Digital Marketing:

Author:

Hanlon Annmarie is the consultancy Director of the marketing company Evonomie which is specialized in providing expert marketing advice to clients in business-to-business service industries. This book is based on the experience and marketing research he had in the industry.

For more books from authors: https://amzn.to/3NgJEPZ

Content:

Buy From Amazon: https://amzn.to/3NaFRDH

The best selling digital marketing book “Quick win Digital Marketing” is the source of answers to the top 100 Digital marketing questions which will have to every new digital marketing profession.

• Quick Win Digital marketing is an ideal source of information for marketers, business managers and entrepreneurs who want to use digital marketing to increase their business.

This book consists of the questions and answers with the cross-reference covering the following topics:

• Blogs and Micro Blogs
• Social Media
• Surveys
• Mobile
• Email
• Web
• Photo/Video/Audio

The book is designed in five sections so that the readers can dip in and out seeking answers to questions as they arise:

BOOK 5: Fundamentals of Digital Marketing:

Author:

Puneet Singh Bhatia is Director, Marketing Axtria Inc and a  professional digital marketer. The bestseller Fundamentals of Digital Marketing is Puneet’s second book.

For more books from authors: https://amzn.to/3x8yVRW

Content:

Buy From Amazon: https://amzn.to/3aePh2w

The digital marketing bestseller ‘Fundamentals of digital marketing is an honest attempt to showcase the evolving Indian digital marketing landscape. This book will be a great asset for interest to students, professors and entrepreneurs who are interested in the digital marketing domain.

The new edition of this book Includes digital marketing practical exercises, market trend assessment, and digital marketing competitive research.

• This book covers the methods for implementing multiple marketing analytics techniques in digital marketing. Also, this book covers the latest advancement in digital marketing like voice marketing, micro-influencers, etc:

This book is one of the best books to understand the basics of Digital Marketing and Digital marketing model creation for the professionals who want to take digital marketing as a career. The book will cover the fundamentals of digital marketing campaign management and the Digital Business present and future in India.

BOOK 6: Concept Building Approach to Digital Marketing:

Author:

Neeru Kapoor is a PhD holder and an Associate Professor at Delhi College of Arts and Commerce in the Department of Commerce. The prime areas of her research interests and teaching include Advertising, Digital Marketing, Organizational Behaviour and Marketing Management.

For more books from authors: https://amzn.to/3x8LhcK

Content:

Buy From Amazon: https://amzn.to/3m769uI

This digital marketing book Concept Building Approach to Digital Marketing is designed for undergraduate students in BBA and commerce. This book will help the readers to get a solid understanding of the digital marketing basics in a simplified manner.

• This digital marketing book in Indian cover the syllabus includes concept, functions, importance and challenges in Digital Marketing in the current time.

In addition, these books cover the importance and the concepts of customer relationship management (CRM) for the growth of the business.The ethical and legal framework for current digital marketing is explained in this book which will help students to understand and follow in their careers.

BOOK 7: Foundations of Digital Marketing:

Author:

Animesh Sharma is an Indian digital marketing veteran. He has conducted many workshops and trained many professionals in digital marketing and published many research papers and articles on digital marketing in many national and international journals.

For more books from authors: https://amzn.to/3m7oRCp

Content:

Buy From Amazon: https://amzn.to/3tb3Bjc

Foundations of Digital Marketing is one of the best digital marketing books in India which shows the fact that Digital marketing technology has impacted and has influenced to change the way we work and live.

• The best-seller “Foundations of Digital Marketing “ shows the fundamentals of Digital Marketing and helps the readers to get a better understanding of the digital world through comprehensive explanations of how the concepts of digital marketing work.

This book covers every aspect of the digital marketing domain and its practicality of it.   These books cover the best practice for  SEM, SEO, social media marketing and content marketing which will help all sorts of businesses.

Conclusion:

These listed 7 best Digital marketing books, also called online marketing, help the readers to understand all the marketing efforts that occur over the internet through our digital gadgets. These books help the business owners and sales and marketing professionals to leverage digital channels such as social media, email, and search engines, to connect to the prospective customers quickly.

• As digital marketing is one of the best sources for inbound business leads, understanding and implementing digital marketing in every business in India will help business owners of all sizes to expand their business.

These top 7 best digital marketing books in India, written by the industry leaders, will help the readers to develop strategy and the fundamental process to take their business into the digital domain. Here we are listing again all the seven above listed best digital marketing books for quick reference.

1. Digital Marketing- cases from India by Dr Rajendra Nargundkar.
2. Digital Marketing Dictionary by Dr Ujjwal Chugh.
3. Marketing Essentials by Vibrant Publishers.
4. Quickwin Digital Marketing by Hanlon Annmari.
5. Fundamentals of Digital Marketing by Puneet Singh Bhatia.
6. Concept Building Approach to Digital Marketing by Neeru Kapoor.
7. Foundations of Digital Marketing by Animesh Sharma.

These books also share a lot of insights on branding, digital targeting, and product positioning in the market, which will help the digital marketing professional, rank themself.

We believe this list will help you to start with and enhance your digital marketing knowledge. Just click the respective link of the digital marketing book to buy from amazon.

Also, we recommend our readers to recommend other best digital marketing books in India in the commend box below, so that it may help other digital marketing students and professionals.

Thanks & Regards

MyMoneyBooks

Edelweiss is one of the leading financial services companies in India. Edelweiss group provide a diversified wide range of financial service and products to the substantial client including individuals, corporations and financial institutions. Edelweiss’s products and services are used by many consumers, segmented across global geographies.

Edelweiss Demat and Trading Free Account Opening Link:

https://www.edelweiss.in/open-new-account-online/?utm_id=smarkerz&utm_source=DSA&utm_campaign=80184769&utm_content=djlcqi1t&smarkerzid=djlcqi1t

Edelweiss Demat and Trading account opening is a quick, easy and hassle-free process. Through these accounts, you get free access to one of the top trading platforms,  experienced research team advice, stock recommendations and much more.

• Edelweissoffer a wide range of investment options to build a suitable portfolio based on your financial goals with competitive brokerage charges.

Edelweiss group has a sizeable presence in wide segments like Mutual Fund, equity investments, Life Insurance, Housing Finance,  and Stock Brokerage.

Years of service of Edelweiss:

Edelweiss group started its financial operations in November 1995 and they have 10K+ employees to support the financial needs of the clients.

Current customer count: 

Edelweiss had over 12 Lakhs + customers by the end of FY21.

Type of operation:

Edelweiss broking sector deals with two types of service.

• Discount brokerage: Edelweiss Lite
• Full Broker Service Brokerage plans: Edelweiss Elite

Edelweiss Lite:

• Edelweiss Lite is ideal for traders who have basic knowledge of the share market.
• Fixed Flat brokerage rates of ₹10 per executed order for Equity and F&O, during buy and Sell.
• Lite plan will not have dedicated relationship manager assistance, however, you can avail of the service by paying as you use.

Edelweiss Elite:

• Ideal for new clients in the investment sector. Clients will get complimentary value-added services like stock recommendations, Free calls and a Trade facility.
• Brokerage in percentage of trade value/slab based pricing.
• The company will provide trade placement assistance and a dedicated relationship manager.

AMC and Brokerage Charges of Edelweiss Demat and Trading Account:

Edelweiss Demat and Trading Account will have separate charges for both plans. Edelweiss’s lite plan is much cheaper than most of the other discount brokers and Edelweiss Elite Plan offers competitive brokerage with respect to other full-service brokers.

Edelweiss Lite Plan:

• AMC (Annual Maintenance) charge is free for the first year.
• Second-year onwards, Rs. 300 + tax per year.
• The brokerage of Rs 10 per executed trade.

Edelweiss Elite Plan:

• AMC (Annual maintenance) charge is free for the first year.
• Second-year onwards, Rs. 500 + tax per year.
• Edelweiss  Elite Plan, brokerage is 0.30% for delivery, 0.03% for equity intraday & futures trade and Rs 75 per lot for equity options.

How to check current brokerage charges in Edelweiss?

The above-mentioned charges may change from time to time, data may not be updated day to day base. Follow the below step to check the current Edelweiss Brokerage Charges.

Step 1: Log in to your Edelweiss account on the website or mobile app

Step 2: Go to ‘Profile Image’ in the right top corner and click on the ‘See Profile’ link.

Step 3: Scroll down to the bottom of the page up to the ‘Rates and Fees’ menu in the section.

Step 4: In this, you can check your current brokerage plan.

• Note: If you would like to switch your brokerage plan, you may please contact customer care or your RM.

Mobile application of Edelweiss Demat and Trading Account:

The mobile application of Edelweiss Demat and Trading Account is very easy to use and it includes the following prime features. It is one of the ultimate stock trading apps which is free to download.

• Easy options to invest in upcoming IPOs.
• Technical Charting and trend tracking tools.
• Customize the market watch with alert options.
• Live share market news.
• EasyFund Transfer methods.

Stock Recommendation:

Edelweiss offer a stock recommendation as common in other brokers. As Edelweiss is one of the leading financial service providers they will offer much more financial advisory services to their clients.

Demat Account Opening Charges and other Features of Edelweiss Securities:

Edelweiss Demat and trading account opening is free of charge. Following are the other features which offer to the clients.

Easy Transfer:

Investors in Edelwise Demat can transfer holdings through a delivery instruction slip (required for executing a transaction smoothly).

Freezing of your Account:

Edelweiss Demat account holders can freeze accounts for a certain period, to prevent unexpected credit or debit into one’s Demat account.

Corporate Benefits:

If portfolio holding companies offer refunds, dividends, bonus issues, right shares, and stock split to their investors, these benefits are automatically credited to the account.

Edelweiss Account opening Documents Required:

To open an edelweiss Demat and trading account, you may please keep the following documents in hand ready.

KYC Documents:

• PAN Card (Mandatory Id proof)
• Aadhar Card/ Passport/ Driving Licence/ Voter Id/ Nrega Job card

Bank Account Proof:

• Signed cancel cheque leaf / Three months Bank Statement / Bank Passbook (Front-page).

Proof of Income:

Income proof is mandatory to trade in derivatives, any one of the following documents will meet the requirement.

• Latest 6 Months Bank Statement.
• Latest 3 Months Salary Slip
• Latest year return filling or Form 16.

In General:

As part of KYC Mandatory Id proof, you may use your PAN Card and Aadhar Card and for bank account proof, you may use a Bank statement.

Leverage & Margin of Edelweiss Demat and Trading Account:

• Edelweiss trading account offers the leverage for Equity Intraday: 5X ( up to 20% of trade value)

Other segments as below:

• Equity Delivery leverage: 1x (100% of trade value)
• Equity F&O leverage: 1x (100% of NRML margin (Span + Exposure))
• Currency F&O leverage: 1x (100% of NRML margin (Span + Exposure))
• Commodity F&O leverage: 1x (100% of NRML margin (Span + Exposure))

DP & Other charges of Edelweiss Demat and Trading Account:

Like any other broker and additionally a fee is charged for moving stock from your Demat account to another account as inter-settlement charges.

• The Demat debit transaction charge is Rs 15 per transaction (instruction of sell order).

Auto square off time / Market closing timing and any associated charges:

One of the prime features of the Edelweiss trading account compared to other brokers is higher auto square off time.

• All the open positions on Intraday will be active still 3:30 pm (Market shutdowns).

Mutual fund & SIP charges:

For investing in mutual funds edelweiss account opening charges is free, there will not be any additional charges for Mutual funds and SIP. The AMC is free for the first year.

For regular mutual funds like any other broker Edelweiss will charge a 1.5% to 2% commission. Rs. 500 is the minimum amount required for starting a SIP.

Customer care support of Edelweiss Demat and Trading Account:

Edelweiss will have dedicated customer care works 24*7 in all most all regional languages.

• 1800-102-3335 (8:30 AM – 5:30 PM)
•  helpdesk@edelweiss.in

https://www.edelweiss.in/location

Account closing charges of Edelweiss Demat and Trading Account:

Account closing formalities of edelweiss are free of cost and the process is easy to follow.

USP of Edelweiss Demat and Trading Account Demat and Trading App:

• Highly skilled tech-support availability for 24×7.
• Trade with Rs. 10 brokerages.
• User-friendly platform for traders in the 18- 40 years of age group.
• Modern age platform.
• Smooth account opening process.
• Operational videos are available on the website.

Refer and Earn of Edelweiss Demat and Trading Account:

Refer and earn a voucher of 500/- per referral will be available for the clients.

Tutorials of Edelweiss Demat and Trading Account:

All most all video needed for new investors like investment options, account opening, Fund transfer etc is available on the website of Edelweiss Demat and Trading Account.

Account Opening Tutorial:

Video Link:

Account Opening process of Edelweiss Demat and Trading Account:

Here is a step by step process for opening a Demat and Trading Account with Edelweiss. Just follow these simple steps one by one.

Step 1: Keep Ready the following documents.

• PAN
• AADHAR
• BANK DETAILS/ STATEMENT
• EMAIL ID
• Signature on White background

Step 2:  Click the below account opening page:

Free Account Opening Link of Edelweiss Demat and Trading Account :

https://www.edelweiss.in/open-new-account-online/?utm_id=smarkerz&utm_source=DSA&utm_campaign=80184769&utm_content=djlcqi1t&smarkerzid=djlcqi1t

Step 3: Basic Details:

Enter your First Name, Last Name, City, Email ID, and Mobile No in the respective field. Click on Verify Button and you will receive an OTP in the registered  Mobile number enter it in the portal.

Step 4: Mobile Number verification:

Enter the OTP received on your Mobile and press Proceed. You will reach the next page.

Step 5: PAN details:

Enter Your PAN card number and Date of Birth.

You need to confirm by “Yes / No / Not Sure” that your number is linked with your Aadhar Card. Then Press proceed to the next page.

Note: It is better to use the Aadhar linked mobile number for hassle-free account opening. You can open it even if the number is not linked.

Step 6: E-Mail ID:

Enter the OTP received in the Email ID and Press Proceed to go to the next page.

Step 7: Secondary Details:

Now you need to fill in the following secondary details about yourself in the respective column.

• Gender:
• Marital Status:
• Father / Spouse Name:
• Mother Name:
• Professional Details: Need to select the Educational qualification & Your Occupation.
• Citizenship:
• Annual income and Networth:
• Place of Birth:
• Settlement Period: Monthly / Quarterly
• Nominee Details:

Once you fill in the details press the submit button to proceed to the next page.

Step 8: Bank Details:

Need to fill in your bank details, the following are the mandatory field need to cover.

• Account number.
• IFSC code.
• MICR code of your bank (You can get it from the web by searching the IFSC code of your bank)

Press “Save bank Details” to proceed to the next step.

Step 9: Plan Selection:

You will get the options of the different plans which edelweiss offers.

• Edelwiess Lite plan 
• Edelwiess Elite plan.

You can select a suitable plan. Then select the segments like equity, commodity etc which you need ( You can select all the segments if you need them).

Select the income proof : ( Salary Slip, Form 16, ITR, Bank Statement etc) and upload the respective file from your system.

Tick the check box of terms and conditions and submit the form to proceed to the next step.

Step 10: Additional Profile Information:

Following additional market experience information need to fill to analyze the clients for better support.

• Your market Experience.
• Your investment Behaviour.
• Your Risk Behaviour.
• Your current portfolio.
• Your investment preference.

Select the suitable options as per your wish to disclose the details. Once you selected press the submit button to proceed to the next step.

Step 11: Verify Personal Documents

Now your IPV (In-person Verification) process will start.

• You need to allow the camera( Option will be available at bottom of your screen) to take your photo. The system will capture your image once it is allowed. Press upload now.
• Then you need to upload your PAN card in a .pdf file.
• Upload your bank account proof ( Cancel Check leaf, bank statement etc).
• The signature needs to upload ( better to sign with black ink on white paper) which is similar to the signature on your bank.

You can also share these documents over the Watts-up to the Edelweiss. To make the process easy, it is ideal to upload the documents directly.

Once all the documents are uploaded press the submit button to proceed to the next step.

Step 12: E- Sign process:

You will receive a message stating that “Your document verification is in process”. This process may take about 30 minutes of time on working days.  You can check the list of documents uploaded for the edelweiss team verification.

You will get a message once the verification process is over.

Step 13: Press E-Sign and then press the continue button.

If any documents are rejected, they will notify in the list. You need to submit the new document. Then press the submit button or you can share these documents over watts-up.

Eg: If the signature is rejected, need to upload a new signature to continue.

Once all the documents are verified, you will get a message / Watts-up with all the details.

Once all the documents are verified. You will get a message stating you are ready to e-sign and also you will get a mail with the Form Number in it.

Press the E-Sign button at the bottom to proceed.

Step 14: Verify your identification address from the AADHAR card by checking on the consent box to authenticate the Aadhar verification. Enter the Aadhar card number in the Digilocker verification portal.

You will receive an OTP on your registered mobile number, enter the OTP and click allow to proceed. Wait still the KYC process is verified and completed, it may take about a Minuit of time.

• Once the E-verification is completed, you will get a message stating that “Congratulation E-Sign verification Successful”.

Press the complete account opening button on the bottom to proceed further. You will get a message stating “ Account opening Completed”

Step 15: After the post verification, your account has been opened and you will get your client ID and Password on your registered mail ID. This process may take about 1 to 2 days.

Step 16: Download the Edelweiss Mobile App from the play store and log in to the app using the received ID in the welcome mail.

Step 17: Start investing /trading and make money.

Fund Transfer to Edelweiss Trading Account and Withdrawal:

The process to Deposit funds from the Edelweiss account:

Once your account is opened you can add funds to your Edelweiss account instantly by using any of the following ways:

Internet Banking: Direct online banking from your bank account registered.

UPI: By using your UPI ID from any app like Google Pay/BHIM/PayTM etc.

eCollect: By adding the Edelweiss trading account as your bank account beneficiary and by doing an NEFT/RTGS transfer.

Via Cheque/ DD: You can deposit money Via Cheque/ DD, however, this process will be time consuming based on your bank.

The process to withdraw funds from the Edelweiss account:

The fund can be withdrawn to your liked bank account directly.

The withdrawal request will be processed in a batch by the edelweiss back-end team; In the first half from 10 a.m. to 11:30 a.m. all the active requests will process and in the afternoon 1 p.m. till 3:30 p.m remaining will process.

• Any new withdrawal request post 3:30 p.m. will be processed on the next working day first half.

Conclusion:

Edelweiss Lite Plan is a basic plan that is ideal for an expert trader as it helps to reduce overall brokerage costs. For new users, it is ideal to start with Edelweiss Elite plan, (which is a premium plan) with a dedicated relationship manager and complimentary value-added services like free call and trade facility, zero charges for auto square-off feature etc.

• Once you get familiar with the account you can switch to the Lite plan to reduce the cost.

Check the below link to check about other brokers like Angelone, Upstox, ICICI Direct, IIFL, Aditya Birla Securities etc.

Thanks & Regards.

MyMoneyBooks

Free Account Opening Link of Edelweiss Demat and Trading Account :

https://www.edelweiss.in/open-new-account-online/?utm_id=smarkerz&utm_source=DSA&utm_campaign=80184769&utm_content=djlcqi1t&smarkerzid=djlcqi1t

Other Brokers :

Free Demat and Trading Accounts: Clik Here

7 best new business ideas books in India is an ideal source of motivation for new business ventures for newbie entrepreneurs. To become a successful entrepreneur or a businessman in India the first thing is to find a suitable business idea that you can easily manage.

Reading best books has consistently been ranked on top and most productive habits among various different ways in which you can get motivated and learned. As there is a large list of inspiring books for Indian new business entrepreneurs, we have shortlisted the 7 best new business idea books on the basis of the online recommendations and Indian business ideas book online reviews.

To understand Indian New business ideas a better way, we recommend checking the following bestsellers articles about Indian Business.

• 7 best Business strategy books for Indian Entrepreneurs.
• 7 Best Business management book by Indian Authors.
• How to make the Business Plan for entrepreneurs.

By reading this article about business idea books, you will find a suitable new best business ideal books which will help you to list out few small business ideas, which can start from home and grow it.

Book 1: How To Start A Business In India:

Buy from Amazon: https://amzn.to/3sj39iY

One of the best business ideas books in India is “How to start a business in India”. This book gives many suitable business ideas and helps newbie business owners to create their own businesses.

Book 2: Before you startup:

Buy from Amazon: https://amzn.to/3BXtWVe

One of the best books on Indian entrepreneurs, which gives you a better business idea is “Before you start up”. This bestseller helps new entrepreneurs to get an idea about how to prepare to make your business dream a reality.

Book 3: Take Off Your Start-up:

Buy from Amazon:https://amzn.to/3taTpqh

The bestseller “take off your startup” is one of the best books on startups in India. These books provide new ideas about how to start a business, and it is explained on the base of 145 Startup Stories. These best business books for beginners also share 8 Steps to choose for new business ideas and the  72 concepts to create the best successful business plan and 7 scientific formulas and tricks to build your team.

Book 4: Business Strategy Essentials You Always Wanted To Know:

Buy from Amazon: https://amzn.to/3JSPmpb

One of the best business motivational and self-learning management books is “business strategy essentials you always wanted to know”. This book shares the best business strategies that you can implement in your new business ideas.

Book 5: Industrial Relations in Modern India:

Buy from Amazon: https://amzn.to/3seEPP8

One of the best business ideas books in India which provide concepts and ideas to newbie entrepreneurs is “ Industrial Relations in Modern India”. This book helps you to get many different suitable ideas and concepts which you need to start your business easily.

Book 6: Built to Sell:

Buy from Amazon:  https://amzn.to/3Hixmmk

The bestseller “Built to Sell” is one of the best new business ideas Book which will guide you to create a business that can thrive without your presence. If you are looking for self-run business ideas, these books will help you to get the solution.

Book 7: 48-Hour Start-Up:

Buy from Amazon: https://amzn.to/3vfoRGk

If you looking for a business ideas book in India that will help you to get Ideas and guide you up to Launch in 1 Weekend, “48-Hour Start-Up” will be an ideal business idea book. This will be one of the tops recommended best books for Indian entrepreneurs.

Conclusion:

These Best business idea books for Indian business professionals have been changing the face of much Indian entrepreneurship. These best Indian business ideas books will help you get the required ideas and guidance for your startup.

Check the respective link of the best business idea book in this article and buy from Amazon, and do your self-learning for your future business in India. After buying and reading these suitable business idea books don’t forget to implement the gained ideas for your business.

For more Categories of business books for Indian entrepreneurs check the link below:

https:/book-cart/mymoneybooks/

Have we missed out on any best business idea books for Indians? Please comments below for the benefit of other readers.

Thanks & Regards.

MyMoneyBooks

The money management books help you manage your personal finance in a better way. The most basic thing you need to learn about personal finance money management is the importance of paying yourself first and paying off debt. Learning from the best money management books help to become smarter and more confident in money handling.

We recommend checking the following bestsellers articles.

• 7 Best personal finance books
• 7 Best Credit repair Books

Below is the list of selected best professional money management books.

Book 1: Your money or your life:

One of the best money management books is “Your money or your life” which shows the 9 steps to transforming your relationship with money and helps to achieve financial independence.

Buy from Amazon: https://amzn.to/3Hs9SMF

Book 2: Profit First:

The best money management book Profit fist teach you how to transform your business from a cash-eating monster to a money-making machine in a short period of time.

Buy from Amazon: https://amzn.to/3J8pfu9

Book 3: The 60-Minute Money Plan:

The 60-Minute Money Plan is one of the money budgeting books that guide you to effectively manage the budget. It is one of the best short & sweet workbooks for people who hate budgeting.

Content: https://amzn.to/3GqjFS6

Book 4: Give and save:- 365 easy money management guide:

Give and save 365 easy money management guide is one of the best and easy to understand books contains many tips that newbie earners can follow to effectively manage their hard-earned money.

Buy from Amazon: https://amzn.to/3Gkways

Book 5: Family child care money management & retirement guide:

One of the tops recommended money management books for the family man is the family child care money management & retirement guide. These books help to effectively manage the family finance requirements and to plan for retirement.

Buy from Amazon:  https://amzn.to/3umzNl6

Book 6: Money Management Wisdom:

Money management wisdom is one of the best money management books sharing the 8 simple steps to living your best life by effectively managing your hard-earned money.

Content:  https://amzn.to/3L8g8v0

Book 7: Following Your Money:

One of the best money management books for professionals is “following your money”. It is a definitive money management playbook for millennials and also it is an ideal guide for the early millennials.

Content: https://amzn.to/34bPRLY

Conclusion:

These listed money management books help to teach you how to manage your money most effectively, invest in high return investments, Importance of managing the mortgage, Intelligently save for retirement, how to create a nest egg,  and ultimately these books help you in overcoming the common money management pitfalls and build a healthy relationship with your hard-earned money.

Thanks & Regards:

MyMoneyBooks

In this time of restless evolution of communication technologies, there is a deep transformation in Radio communication technologies. The advancement in hardware and software implementations helps to modify the way of Radio communication works.

If you are an RF and Microwave communication professional and would like to know the latest teach update in RF & Microwave domain, we recommend checking the website www.rfmwc.com

In addition, we recommend checking, following article for the best RF and Microwave books.

• 7 best RF & Microwave books.
• 7 best professional development books.
• Radio communication Bestsellers in Amazon. 

In this article, we cover the 7 best new radio communication books, that cover the major issues faced today and the available technological advancement in the field of radio communications.

Book1: Wireless Communication Signals:

Author:

Huseyin Arslan had broad research experience in wireless communication systems and he is working as a Professor at the University of South Florida. His research work includes digital signal processing, wireless radio communication, cognitive radio, and channel modeling, etc.

More books of the author: https://amzn.to/3x1FV1k

Content:

Buy from Amazon: https://amzn.to/3CCaSKK

The best radio communication book, wireless communication signals is a Laboratory-based approach and a practical guide to Radio wireless communication systems and concepts.

• Wireless communication signals book offers a practical guide to the most recent advances in wireless communication systems and concepts.

The content in this book is based on the practical and laboratory perspective in the communication domain. This book provides the practical information needed in simulation, modeling, test, and analyzing wireless systems and modern test instrumentation and computer-aided Radio communication design software.

This important book provides:

• Organic and harmonized coverage of radio wireless communication systems.
• Radio hardware to digital baseband signal processing.
• Information on testing and measurement of Radio wireless communication systems includes MATLAB file codes.

Books help the Radio communication enthusiast to understand the basic theory, hardware test, software simulation, and modeling, system component, testing, and co-simulations.

Book 2: Ham Radio For Dummies:

Author:

H. Ward Silver earned his Novice license (WNØGQP)and has been in ham radios communication since 1972. His experiences in ham radio led him to an electrical engineer. He has expertise in designing microprocessor-based medical devices and other products. In 2000, he began his second career as a writer and teacher and he received Bill Orr Technical Writing Award in both 2003 and 2016.

More books of the author: https://amzn.to/3HFm5hh

Content:

Buy from Amazon: https://amzn.to/3CzS8vg

The best Radio communication book the Ham Radio For Dummies by H. Ward Silver covers all the advantages of ham communication in his signature-friendly style.

• This book will help the ham lovers to get the right equipment and in building radio stations (it doesn’t have to be expensive) to the intricacies of Ohm’s law and Morse code.

Through this book, he coaches radio enthusiasts on how to prepare for the FCC-mandated licensing exam. In addition, this book helps you to tune yourself up for ultimate glory in the ham fame as a Radiosport competitor.

With this book about ham, you’ll learn to:

• Set up and organize your Radio station.
• Communicate around the world through Ham.
• Prepare for and pass the FCC exam.
• Tune in to the latest tech.

Whether you’re looking into the ham as a hobbyist or want to join a public service club or want to the learn latest tips on ham technology, this is the perfect book reference for newbies and experts alike.

Book 3: Radio Receivers for Systems of Fixed and Mobile Communications:

Author:

Vasliy V. Logvinov Ph.D. worked in Moscow State Technical University of Communication and Informatics (MTUCI) as Associate-Professor of Radio Equipment and Circuitry Department. He was directed in the Soviet Union Army and after finishing his graduation from MTUCI later he was directed as the Chief of the Education Department of MTUCI.

Sergey M. Smolskiy, Ph.D. in Engineering, Dr.Sc. in Engineering, become Head of the Department of Radio Receivers of Moscow Power Engineering Institute. In 1969 just after graduation, he worked at the Radio Engineering Faculty of MPEI.

More books of the author: https://amzn.to/3oCEpPm

Content:

Buy from Amazon: https://amzn.to/3nvoTWg

This best radio communication book acquaints the reader with the architecture of radio receivers of analog and digital systems.

This book helps

• To study the stages of modern radio receiver designing and reveal the reasons and methods for its effective operation in various purposes networks.
• Methods of generating and processing signals in the digital systems radio receivers with multiple access, with data transfer rates close to the maximum possible.
• Methods to optimal signal reception in the field of telecommunications radio receivers.
• The development of theoretical, circuitry and integrated technologies led to the active introduction of algorithmic methods for signal processing.
• Design of receivers and the methods of forming the information flow in free space (MIMO, beamforming).
• The creation of a global 5G network based on heterogeneous networks.

This best radio communication book includes a complete set of materials for online classes, questions and answers, solving problems for each chapter, and computer modeling.

Book 4: Amateur Radio Station Logbook:

Author:

Lilly L. Hartman is the author of Amateur Radio Station Logbook, which covers the ham radio contact keeper operators’ communications.

More books of the author: https://amzn.to/3nvlwP4

Content:

Buy from Amazon: https://amzn.to/2Z6c8YY

This best radio communication book is an ideal book for those who want to troubleshoot Ham radio problems and for those who preparing for the radio licensing exam.

This book gives you are an overview of the list of equipment and antennas needed for the ham radio station. This book helps the ham radio professional to keep the whole system working properly, and help to learn how to check the signals and settings at each of its connectors and controls.

This Amateur Radio Station Logbook is a suitable and comprehensive logbook for any ham radio enthusiast.

Logbook section includes:

• Date
• Time start finish
• Frequency
• Mode
• Power
• Station
• Report
• QSL
• Remarks

This logbook is a very useful and essential gift for any ham radio enthusiast.

Book 5: FM 24-18 TACTICAL SINGLE-CHANNEL RADIO COMMUNICATIONS TECHNIQUES

Author:

Luc Boudreaux and  US Army are the authors of the FM 24-18 tactical single-channel radio communications techniques.

More books of the author: https://amzn.to/3xgQgqB

Content:

Buy from Amazon: https://amzn.to/3oIWrzD

This best radio communication book provides essential guidance and information for all personnel who are involved with Radio Communication systems.

To ensure your understanding of

• All the material presented.
• A brief discussion of radio fundamentals.
• Radio antennas, and radio-wave propagation.
• Procedures and techniques used for tactical operations.
• Operation in the several transmission modes.
• Electronic warfare techniques and reporting.
• Practical applications of single-channel radio.

In addition, there are many items pertinent to single-channel radio communication and operations.

Book 6: Beyond The Planets:

Author:

William Jackson studied Literature at the California State University, Fullerton, then he moved to Spain. Mr. Jackson published three books named, “The First Step,” “Anti-Matter,” and “Per Square Inch. He currently resides in the U.S.

More books of the author: https://amzn.to/3qSlMK5

Content:

Buy from Amazon: https://amzn.to/3Hw6As9

The best communication book Beyond The Planets by William Jackson is one of the prime sources of information for Interstellar Radio Communication aspects.

The U.S. Deep Space Exploration Program has unquestionably been the most technologically successful.

In this book author singles out three seemingly small historically important enabling factors,

• The formation of the California Institute of Technology’s Jet Propulsion Laboratory.
• JPL’s design and development of the early phase-locked loop coherent receiver, and most importantly JPL’s development of policies and processes controlling the deep space communication system.
• The required performance margin is needed to overcome communication link uncertainties beyond our solar system.

This report addresses these factors’ emphasis on deep space communication link design control and performance prediction.

Book 7: The 2022 Report on Communication Software Defined Radios (SDR):

Author:

Prof Philip M. Parker Ph.D. is the author for World Market Segmentation of communication SDR, The 2022 Report on Communication Software Defined Radios.

More books of the author: https://amzn.to/3nx1cNt

Content:

Buy from Amazon: https://amzn.to/3cw3Nke

This best radio communication book was a report created for global strategic planners who cannot be content with the traditional segmentation of world markets.

• Now the cities become one of the important criteria in prioritizing markets segment, as opposed to regions, continents, or countries.
• This report covers the top-listed 2,000 cities in 200 countries in this world.

This report estimated the market size for each major city and then ranks these cities and reports them in terms of their market size, their geographic region, and the total world market.

This report covers the sales of communication SDR of all commonly understood product categories, such as

• Field programmable gate array (FPGA).
• General-purpose processor (GPP).
• Digital signal processor (DSP).
• Programmable system on chip (PSoC).
• Software components.
• Amplifier, formulation, size, and form.

Top communication systems companies in this industry include BAE Systems, ITT Corporation, Datasoft Corporation, Harris Corporation, Flexradio Systems, and L-3 Communications, etc.

Conclusion:

We hope the above list of books will help the radio communication enthusiast and professional to strengthen their knowledge in the Radio Communication system domain.

Here is a quick listing of the 7 best Radio communication books.

1. Wireless Communication Signals by Huseyin Arslan.
2. Ham Radio For Dummies by H. Ward Silver.
3. Radio Receivers for Systems of Fixed and Mobile Communications by Vasliy V. Logvinov Ph.D.
4. Amateur Radio Station Logbook by Lilly L. Hartman.
5. FM 24-18 tactical single-channel radio communications techniques by Luc Boudreaux.
6. Beyond The Planets by William Jackson.
7. The 2022 Report on Communication Software Defined Radios (SDR) by Prof Philip M. Parker Ph.D.

If you would like to add any other best Radio communication book to this list please comment below the name of the book for the benefit of other Radio enthusiasts.

Thanks & Regards.

MyMoneyBooks

Money management books by Indian authors to help each Indian investor to achieve their financial goals and plans the future even it is different for each one.

We also recommend you check the following articles to improve your financial knowledge:

• 7 Best Money Management Books.
• 7 Best Investment books by Indian Authors.
• 7 Best Stock Market books by India Authors.
• 7 Best Personal Finance books.
• 7 Best books about Passive income.

Reading best money management books by Indian authors is the best source of this knowledge for an Indian newbie investor.

In this article, we have shortlisted the top 7 best money management books by Indian Authors you must read before 2022. Below is the list of Indian authors who contributed to this best book list.

• V. Subramanyam.
• Monika Halan.
• Suresh Sadagopan.
• M Pattabiraman.
• Saurabh Mukherjea, Rakshit Ranjan and Pranab Uniyal.
• Manish Chauhan
• Abhishek Kumar

These finance books are written by Indian authors to help you to understand the basics of personal finance and money management which will be a great help for your future.

Book 1: Retire Rich, Invest Rs.40 a day.

Author:

P.V. Subramanyam is a Chartered Accountant who is very good at understanding numbers and loves to tell stories. He has written many books and columns about personal finance, conducted workshops, professional trainer, and is a regular speaker on business channels.

Check More details of P.V. Subramanyam: https://amzn.to/2Vw7DVF

Content:

Buy from Amazon: https://amzn.to/3liqrRh

One of the best Indian author books about money management is “Retire Rich by P. V. Subramanyam, which is specially written for Indians, those who want to plan retirement and have a beautiful life in the Indian environment.

• Reading this book offers knowledge and enjoyment which you can carry where ever you want.

This Financial planning book is easy to understand with a lot of real-life examples.

Books show that

• How smartly you plan your personal finance matters, more than, how hard your earn.
• Explains the financial mistakes which anyone does in life and its solutions to meet retirement financial

This book, Retire Rich is an ideal blueprint for retirement planning and achieve financial discipline to live an independent retirement living.

Book2: Let’s Talk Money.

Author:

Monika Halan lives in New Delhi and is a certified financial planner and worked with some of the top media organizations like Economic Times and Business Today etc. She is a regular speaker on financial literacy, personal finance, and consumer issues in retail finance. She is also one of the members of SEBI’s Committee for Mutual Fund Advisory.

Check More details of Monika Halan: https://amzn.to/2X9pMcg

Content:

Buy from Amazon: https://amzn.to/39d4TA1

This best Indian author personal finance book, “Let’s Talk Money” by Monika Halanis written specifically for Indians investors, keeping in mind of Indian financial context.

• This book shows the basic principle that we have worked so hard to earn money, now we need to make it work for.

Regardless of how much we earn, many people are worried about retirement due to underprepared financial plans for our own retirement. This book is an ideal solution for those who want a wonderful retirement life by making money work for them.

This book helps us to identify,

• The proven system for identifying successful investment schemes.
• Jargon-free investment plan to get more value for our hard earns money.

This book offers you a smarter way to live with your dream retirement plan, rather than worrying about the finance, right investment or insurance, etc.

Book3: If God was Your Financial Planner.

Author:

Suresh Sadagopan is the MMS, Certified Financial Planner ( CFPCM ), and the founder of Ladder 7 Financial Advisories, the most respected financial planning and advisory firm in India. He is a SEBI registered Investment Adviser and a registered life planner (RLP). He has authored several hundred blogs and articles about personal finances, creating wealth, and achieving financial freedom.

Check More details of Suresh Sadagopan: https://amzn.to/3jZK1SF

Content:

Buy from Amazon: https://amzn.to/3EamB54

Indian Author, Suresh Sadagopan’s book about personal finance, “If God was your financial planner”, makes learning about personal finances easier and entertaining.

This personal finance learning book for Indian Investors will help to understand and learn the essentials of,

• Financial planning,
• Retirement planning,
• Personal finance,
• Asset allocation concepts,
• Risk management,

This story model book takes you to the lives of people in various. It shows the life of the family, where the head is passing away suddenly, and how they pick up the life.

Book also shows, how financial mismanagement affects relationships, how to get on track after losing his job and earnings, the need to put money for retirement, etc, and mistakes that people make with their hard-earned money.

Book4: You Can Be Rich Too.

Author:

M Pattabiraman is an associate professor at IIT, Madras in the Physics department. His personal circumstances lead him to learn more about investment and personal finance. He shared his knowledge over books and blogs.

P.V. Subramanyam is a Chartered Accountant by profession and very good in tell stories and understanding numbers and sharing his knowledge with others.

Check More details of M Pattabiraman: https://amzn.to/3hj8r84

Content:

Buy from Amazon: https://amzn.to/3z0yGGn

This Indian Authors book about personal finance, “You Can Be Rich Too” by M Pattabiraman and P.V. Subramanyam is an ideal book for newbie earners who are in the process of creating wealth. This book offers simple and practical wisdom for Indian Investors, those who seek it.

• This personal finance book shows that Investing can be made simple and easier if we ask the right questions before investing.

The simplified key concepts in this money management book guide you,

• Investing with a specific goal in mind with practical yet enlightening calculations.
• Help you to check the progress of your investment and gauge.

Those who have the discipline to follow the suggestions and simple steps in this book could attain the financial goals like a professional.

Book 5: Coffee Can Investing.

Author:

This personal finance book was written by Indian Authors Saurabh Mukherjea along with Rakshit Ranjan and Pranab Uniyal. Saurabh Mukherjea is the leading equity strategist in India and CEO of Ambit Capital, an Indian investment bank. Mukherjea lives in Mumbai and is a CFA charter holder.

Check More details of Saurabh Mukherjea: https://amzn.to/2YNbkrt

Content:

Buy from Amazon: https://amzn.to/3hmOQUE

The book, Coffee Can Investing is a piratical guide to reduce the risk of creating stupendous wealth. This book shows you how to approach low-risk investments which can generate great returns over time.

• This book helps you to understand the other investment options other than usual investment assets like mutual funds, real estate, gold, fixed deposits, and stock markets, etc, where you may make a measly 8 to 12 percent per annum.

Book will guide the Indian Investors to make a 10 to 20 percent compound annual return growth rate (CAGR) for the investments whilst taking only half the risk compared to the overall market.

The Coffee Can invest approach help the investors to get stupendous returns through high-quality and low-risk investments.

Book 6: How to be your own financial planner in 10 steps.

Author:

Manish Chauhan is a computer science graduate from Pune University and a well know finance blogger. He helps people to make good financial decisions and educates them on financial theories. He has written many books about Personal Finances which every Investor should know.

Check More details of Manish Chauhan: https://amzn.to/3z1qB4q

Content:

Buy from Amazon: https://amzn.to/3C0W4p3

The Indian Author’s personal finance book, “How to be your own financial planner in 10 steps” by Manish Chauhan is a book for the common man who wishes to plan properly their financial domain.

• This book contains only simple financial concepts, written in very simple language and legitimately explained for Indian Investors.

The book concentrates mostly on  10 critical aspects of personal finance,

• Life insurance policies,
• Health insurance,
• Estate planning,
• Short term/long term goal planning,
• Debt repayment,
• Retirement planning,
• Emergency fund planning,
• How to be ready for your future,
• Organize your financial life
• Credit report and need of good credit score.
• And finally, need of cleaning up other investments.

The book caters to the need of being a personal financial consultant of his/her own finances.

Book 7: The Richest Engineer.

Author:

Abhishek Kumar is a graduate of IIT-BHU, IIM Kozhikode, and the University of California, Los Angeles (UCLA), financial advisor, and writer. The advice presented in his books is based on practical and easily implementable ways for wealth creation. He is also one of the critics of the conventional ways of managing money by the Indians.

Check More details of Abhishek Kumar : https://amzn.to/3BZx6GG

Content:

Buy from Amazon: https://amzn.to/3A6YRfV

In the Richest Engineer is a book written in simple language showing a conversation between two friends, Vinay and Ajay, college mates. The Vinay was a financial wizard, and from him, you will learn, what is stopping everyone from becoming rich and what need to change yourself to achieve financial freedom.

• Through this book of Indian Author, Abhishek Kumar shares the timeless wisdom of wealth creation and shows how everybody can become a millionaire, no matter where they stand now we’re in the financial life scale.

The ideas shared in this book are not quick get-rich formulas, but they simply guide those who have nothing more than an average salary, to financial freedom, who are interested in it.

Conclusion:

To start your successful investment journey, we recommend you should read at least one money management book by the Indian authors from the list in this blog. Below is the quick list for your immediate reference.

1. Retire Rich: Invest Rs.40 A Dayby V. Subramanyam.
2. Let’s Talk Money by Monika Halan.
3. If God was Your Financial Planner by Suresh Sadagopan.
4. You Can Be Rich Too by M Pattabiraman.
5. Coffee Can Investing by Saurabh Mukherjea, Rakshit Ranjan and Pranab Uniyal.
6. How to be your own financial planner in 10 steps by Manish Chauhan.
7. The Richest Engineer by Abhishek Kumar.

Best Money Management books by Indian authors will help Indian college students to gain their financial literacy and beginners can get a good education about finance, savings, and investments which are the best investment for an Indian investor.

For the benefit of other readers, please share your thoughts about the above 7 best books on personal finance by Indian authors for Indian investors in the commend box below.

Please add your comments and recommendation about other books which you prefer to add to this list.

Thanks & Regards

MyMoneyBooks

Best sales motivational books for Indian professionals are the prime need of every salesperson to develop sales in the Indian market. Books are the ideal source for learning and get sales motivation. If you need to sell a product in a country, it is ideal to get trained from a person who knows about the respective market.

Best sales motivational books for Indian professionals are the ideal source of knowledge for an Indian salesperson or an entrepreneur to grow in this era of technology and effective communication. The valuable resources in these books about the Indian market and method of selling can be used to gather information and get motivated to achieve the desired sales goals as per the business plan.

As the number of readers among the entrepreneurs is increasing day by day, it shows that they are getting motivation from these positive or negative stories in these best sales motivational books for Indian professionals to move ahead.

We recommend reading the following articles for your sales career development.

• 7 best Sales Motivational books
• Sales stages of the sales cycle.
• E-procurement system of Indian Government

Here is the list of best-selling authors who contributed to the list of 7 best-selling sales motivational books. Even though a few authors are not from Indian, their writings are applicable to the Indian market.

• Allan Pease.
• Shiv Khera.
• Bholanath Dutta.
• Seth Godin.
• Rory Sutherland.
• Jonah Berger.

In this article, we are listing the 7 Best sales motivational books for Indian professionals by the most influential sales authors, which a salesperson or an entrepreneur can’t afford to miss reading.

BOOK 1:Questions Are the Answers.

Author:

Allan Pease is a body language expert. In various nations, he conducts lectures on human communication. Body Language and Why Men Don’t Listen And Why Women Can’t Read Maps are a few of his best works for this world.

Content:

Buy from Amazon: https://amzn.to/35AUTyF

Best sales motivational books for Indian professionals, ‘Questions are the Answers’ by Allan Pease helps you to become an extremely skilled networker as it is the base of any sales skill. This book guide you effectively to improve your networking skills in a very short period of time.

• The book states the fact that no individual is born with the skills of networking and it is an art and science which can be mastered with time and practice.

This book, ‘Questions are the Answers’ trains the reader on how one should interact with others in order to improve and expand their networking. The strategies in this book are well tested over the years by multiple experts. These strategies will also help to attain confidence and achieve financial security.

This Sales motivational best book by Indian authors is the ideal guide for those who are in sales, entrepreneurship, or in network marketing want to learn the skill of networking. This book helps newcomers in this field to improve their skills to reach higher levels of networking.

BOOK 2: You Can Sell: Results are Rewarded, Efforts Aren’t.

Author:

Shiv Khera has 30 years of experience and he is now, a well knows business consultant, keynote speaker, successful entrepreneur, and founder of Qualified Learning Systems Inc. USA. His books encourage and inspire people, to realize their true potential. Shiv Khera has appeared on numerous television shows and radio shows. Shiv Khera is the author of the bestseller “You Can Win”, which has sold over many languages.

Content:

Buy from Amazon: https://amzn.to/3cXrvGL

In this best sales motivational books for Indian professionals “You Can Sell” by bestselling author Shiv Khera share his though on why ‘Results are Rewarded, Efforts Aren’t’ and the secrets of a successful sales professional.

This book helps sales professionals to understand the task in a better way and sell on your way for the successful closing of sales.

The best selling book “You Can Sell” shows you how to:

• Meet and exceed sales goals.
• Avoid pitfalls and Gain success.
• Growing by establishing credibility.
• Gain a competitive edge.
• Learn and improve the qualities of a winning sales professional.

BOOK 3: Fundamentals of Sales & Distribution Management.

Author:

Bholanath Dutta is an Asst. Professor at CMR Institute of Technology, Bangalore in Department of MBA. He has about 20 years of experience in academic, teaching, industry research, and administration. He has written many books on Marketing, General Management, and Entrepreneurship and published them in various national, international journals and magazines.

Content:

Buy from Amazon: https://amzn.to/3qcogR4

This bestseller sales book fundamentals of Sales & Distribution Management by Bholanath Dutta covers the MBA syllabus for many universities across India. This book discusses the following in very simple language.

• Fundamental and basic concepts of sales.
• Concepts of distribution management.
• Detail insight on chain management.
• Details about the retail management.

Content in this Sales motivational best books by Indian author narrated in very simple language and explained in a lucid manner for the better understanding of the subject.

BOOK 4: This is Marketing.

Author:

Seth Godin started many successful companies and he is a speaker, Blogger and takes online seminars for millions of people around the world. He is the author of more than 19 international bestsellers and he writes daily on one of the most popular blogs in the world (sethgodin.com). He writes mainly about the post-industrial revolution, marketing, the way ideas spread, and leadership.

Content:

Buy from Amazon: https://amzn.to/3iTOVRa

The best sales motivational book for Indian professionals, Seth Godin, “This is Marketing” is a game-changing approach to sales and marketing and advertising.

Whether you’re a tech startup founder or part of a large corporation or a small business owner, This is Marketing shows you how to do work you’re proud of. This book will help you re-frame how to present your product or service, to the world, for meaningfully connect with people who want it.

This is what Marketing teaches you:

• How to build trust in your target market.
• The surprising role of tension in the decision to buy or not.
• The art of positioning our product or service in the market.
• Best way to achieve your marketing goals.
• Why do the old approaches of branding and advertising no longer work.
  
  “This is Marketing” is a simple book writes without jargon prose. This sales motivational best books by Indian authors useful for anyone who wants an insight and is interested to know about how and why people buy things.

BOOK 5: All Marketers Tell Stories.

Author:

Seth Godin: Check the details above.

Content:

Buy from Amazon: https://amzn.to/3gFutlu

The best sales motivational books for Indian professionals, by Seth Godin “All Marketers Tell Stories,” is an underground classic that explains why authenticity is the best marketing of all and how marketing really works.

This best sales motivation book is based on three essential questions for marketers:

• What’s your story?
• Will the people who need to hear this story and believe it?
• Is your story true?

This sales motivational best books by Indian author shows, if marketers Tell Stories in the right way, we believe in them. Below are few examples.

• Wine tastes better in a glass with $20 than in $1.
• $80,000 Porsche is vastly superior to a Volkswagen of $36,000.

As Seth Godin has taught through his book that great marketers don’t talk about features or even benefits of their product or service. Instead, they tell a story that others want to believe, whether it’s factual or not.

• Marketers succeed in their careers when they tell us a story that fits the worldview, a story that we intuitively embrace, and then people will share it with others.

If marketer stories are inauthentic, it leads to cross the line from fib to fraud. Marketers fail when they become selfish and scurrilous, That’s a lesson learned the hard way by cigarette companies, telemarketers, and sleazy politicians.

As Godin Stories make it easy for readers to understand and it is the only way to spread an idea. Marketers just need to perfect it for achieving the goal.

BOOK 6: Alchemy: The surprising power of ideas that don’t make sense.

Author:

Rory Sutherland is the founder of the behavioral science practice and Vice Chairman of Ogilvy UK. He writes used to write Spectator’s ‘Wiki Man’ column, and His TED talks have views of over 6.5 million. The Institute of Direct and Digital Marketing awarded Honorary Life Fellowship to Sutherland.

Content:

Buy from Amazon: https://amzn.to/3xD2Peq

The bestselling sales motivational book for Indian professionals by Rory Sutherland, “Alchemy” says to be brilliant, you have to be irrational. Business and Economics rely on the assumption that people make evidence-based logical decisions, but we aren’t, and we don’t.

In many crucial areas of our lives decision, reason plays a vanishingly small part, Instead, we are driven by unconscious desires.

• Book says, if you want to influence people’s choices and make a deal, then you have to bypass reason.

In his sales motivational best book he blends jaw-dropping stories, cutting-edge behavioral science, and a touch of branding magic, on a mission to turn us all into idea alchemists. Whether as an individual or in society, seeding it has letting go of logic and embracing the irrational.

BOOK 7: Contagious.

 Author:

Jonah Berger lives in Philadelphia, Pennsylvania and he works as an associate professor of marketing at the University of Pennsylvania at the Wharton School. His research has been published in top-tier academic journals, and in the New York Times Magazines. For both teaching and scholarship, Mr. Berger has been recognized with many awards.

Content:

Buy from Amazon: https://amzn.to/3qc2cWU

This best sales motivational book for Indian professionals, “Contagious” by Jonah Berger shows how to build word of mouth in the digital age.

The book Contagious is an answer to the following questions.

• Why are some products and ideas talked more about than others?
• Why do some articles make the most emailed list than others?
• Why do some YouTube videos go viral very fast?

More than two times the sales can generate by word-of-mouth than a paid advertising and is one of the primary factors behind 20-50% of all current purchasing decisions. Word of mouth in current digital time is about 8.5 and 30 times more effective than normal traditional media.

Whether you’re a part of a Fortune 500 company, a non-profit trying to fight obesity, or a corner restaurant trying to raise awareness, word-of-mouth can help you succeed and It’s available to everyone.

Word-of-mouth doesn’t have to spend millions of dollars on advertising, you just have to get people to talk for you. The challenge is how to influence others to talk for you. This book will show you how we can get others to talk for you.

Conclusion:

These Best sales motivational books for Indian professionals have been changing the face of Indian entrepreneurship through their books listed above.

Please comment below your thought about this list? As a sales professional, if you want to add more books to this Indian sales authors’ books list, please let us know in the comments. Here is the quick list for your reference.

1. Questions Are the Answers by Allan Pease.
2. You Can Sell: Results are Rewarded, Efforts Aren’tby Shiv Khera.
3. Fundamentals of Sales & Distribution Management by Bholanath Dutta.
4. This is Marketingby Seth Godin.
5. All Marketers Tell Stories by Seth Godin.
6. Alchemy by Rory Sutherland.
7. Contagious by Jonah Berger.

To improve your sales skills, we recommend you to check the 7 stage sales step for sales closing in the blog.

Also recommend checking the 7 best sales motivational books in the blog, to improve your sales skills and 7 best business books, and 7 best business strategy books for raising your business to the next level.

Thanks and Regards.

MyMoneyBooks.

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The E-procurement system of govt of India is the E-tendering process of the Indian government organizations to procure or receiving services from the private sector companies. The eProcurement System of the government of India enables the vendors to download the tenders, submit the proposal against the tenders, monitor the status progress, and receiving orders from the government organizations.

What is e-tendering?

E-tender can be described as the process of inviting vendors to submit the bids/request for quotation ( RFQ) to perform some service or supply of goods during a specific time frame at a fixed price, in electronic form.

The E-procurement system of govt of India is a process which is designed to ensure that the tender process for the supply of goods and service is done in a fair way and given equal opportunity to all the vendors.

Once the client accepts the offer against the tender, the company that has won the order has to comply with the terms and conditions mentioned in the tender for the supply of goods and services at the price offered and the client will have to pay the final negotiated price ( BID price can be negotiated after the BID opening) within the agreed time.

E-tendering Process In India.

The E-procurement system of govt of India is designed in such a way that no one can manipulate the BID process, which can happen in traditional methods of bidding ( Physical BID submission).

E-Tender rules and regulations are made more stringent to avoid any malpractice in the entire process. E-Tenders Bids will be accepted only by adhering to the policies and terms that guide the procurement framework. The E-tender process is now followed both in the public sector and private sector companies in India. As the BID is sealed with the digital Key, it will not be possible for the client to open or see the BID, without the knowledge of the Bidder (Vendor).

In general, the public sector tender process is split into five stages:

1. Expression of Interest (EOI):- It is used to shortlist potential suppliers, no order will release against it.
2. Request for information (RFI):- It is used to get the information to understand the capability of the supplier and cross verify the scope of the work/ supply in the planning stage, in turn, used to select the supplier.
3. Pre-qualification Questionnaire (PQ):- It is used to verify the capability of the supplier during the planning stage.
4. Request for proposal (RFP):- It is used to get the innovative solutions from the supplier, especially for the engineering projects, and helps in defining the project requirements in the final scope of work/supply.
5. Tender Invitation (TI) / Request for Quotation(RFQ):– It is used to invite vendors to provide quotes for specific goods or services against the scope of work.

In the Private sector, the invitation of the BID can be called by different names like Request for Information / Tender / Proposal / Offer / Quotation, etc.

Types of E-Tendering:

In earlier time to submit a BID against the tender, the bidder needs to make ready a list of documents and need to submit along with the proposal in a sealed cover. A dedicated team is required to verify the final BID documents and approve them for the final successful BID submission. All processes involved a lot of paperwork and the process is tedious and need to submit the physical BID in person to the client against the tender invitation.

• E-Tendering is a solution for the above issue, by making the entire process electronically.

Through the E-procurement system of govt of India, every document can be submitted online and the tender evaluation and qualification process can be completed, without having a single piece of paperwork.

There are many types of e-tender processes is available in India. The type of tendering can be decided by the client on the basis of various factors and reasons for the BID.  Few factors are listed below.

• Nature of the contract.
• The complexity of the scope of work.
• Value of the overall contract.
• Expertise needed.

In general, the government project tenders are usually released as open tenders in order to ensure that, the work awarded to the lowest or selected bidder, in a fair manner without prejudice. The various types of e-tenders generally followed in India are below.

Procedure 1: Open Tendering

Open tendering is the most common type of tendering procedure followed by most of the private sector and government organizations. In open tender, the client advertises the tender invitation in their respective e-procurement portal, central procurement portal (CPPP), GeM portal along with the key information like the scope of work/supply, Due date of BID submission, Bidder qualification, EMD, and other terms and conditions, etc.

• In open tender, any company or a person can BID against the invitation for tender, those who qualify the bidder qualification criteria, and other tender terms and conditions.

Open tender provides a fair opportunity to emerging vendors to participate in the E-procurement system of govt of India. However, as emerging vendors can BID, it will be a time-consuming process for the tender evaluation committee to evaluation all the vendors during the evaluation process to select the qualified vendors.

Procedure 2: Limited Tender or Selective Tendering:

In Limited tender or the Selective tender, the invitation for tender is given only to selected vendors or the parties, who are pre-selected by the client to BID against the E-procurement system tender invitation. The purpose of Limited tender is to improve the quality of bids from the bidders and to ensure that the vendors have the necessary experience, which is pre-evaluated by the client.

• As only the selected vendors are quoting against the e-tender, limited tender makes the e-tendering process in India more efficient in the evaluation and fewer burdens for the client in the vendor qualification process.

The advantage of limited or selective tender is that clients can pre-confirm that the suppliers who are going to BID will have the necessary experience in particular complex, sizes, and nature of projects.

Procedure 3: Negotiation Tendering:

Negotiation Tendering is widely used in the engineering and construction industry in INDIA. This type of tender usually involves a single contractor, sometimes it can be scaled up to 3-5 contractors based on the complexity of the project. This type of E-procurement system is awarded based on the resolutions of pre-contract negotiation disputes and the pre-acceptance of the post-contract scope of work.

• Negotiation Tendering is awarded to a vendor or a company against the acceptance of pre-negotiation terms and conditions with the client.

Procedure 4: Term Tender:

Term tendering generally used for the projects that need maintenance or continuous support after the first stage of the scope of work or supply. The contractor will be asked to maintain the functionality of the supplied system for a specified period as per the tender conditions.

• On the basis of term tender, term extension can be done on the basis of mutual agreement between the vendor and the client.

A client can release, the revised term tender after the completion of the current tenter period for the extension of the contract.

What are the main central Public Procurement Portals in India?

Indian Government had made 2 main central public procurement portals to buy goods and services for the operational needs from the qualified vendors.

• In India, Public procurement refers to the process by which central governments or the state Government purchase goods and services from the private sector companies from in and out of the county.

In central Public Procurement Portals, Governments follow strict procedures to ensure that the process is efficient, fair, transparent, give equal opportunity to all vendors, and finally minimizes wastage of public resources.

In India, there are mainly 2 Public Procurement Portals are available, one is GeM ( Government e-Marketplace ) and CPPP (Central Public Procurement Portal). In addition, each state government had its own public procurement portals to meet the procurement needs of the state government. Also central government organizations like ISRO, and each public sector like BEL, HAL has their own e-procurement portal to procure parts and services from the vendors, in addition to the procurement from the GeM and CPPP.

Vendors need to do an e-procurement registration process in all the respective portals to BID against the e-tenders in the portals.

What are GeM and its benefits?

GeM stands for Government e-Marketplace, which is an online procurement platform of government for public procurement in India. Companies which comes under MSMEs, DPIIT recognized startups and other private companies in India can register on GeM portal as a seller and sell the products and services directly to government or the public sector buyers.

• GeM Startup Runway is a new initiative by the GeM authorities, which allows startup companies to easily reach the government department buyers, by offering innovative products and services.

Buyers can check the products in the GeM portal like a cart site like Amazon and select the products and request for BID from the registered vendors. Government agencies can evaluate each BID and select the suitable supplier and place the order through the portal and the entire process can be tracked in the portal itself, using the login credentials of the registered vendors.

What are CPPP and its benefits?

CPPP stands for the Central Public Procurement Portal, the public procurement portal of the Government of India, which facilitates all the Central and State Governments Departments, Organizations, Autonomous Bodies, to publish their inquiries and procure from the private sector companies from India and abroad. Through this portal agencies can invite the e-Tender, release the corrigendum if needed and publish the contract award details.

Privet and other Startup companies can register on CPPP and become Preferred Bidders and BID against the tender enquire and get the order from the public sector organizations. For more details check in to https://eprocure.gov.in.

 The prime objective of this portal is to provide single-point access for the procurement of various government Departments. CPPP tender search option helps the vendors to search the BID in the CPPP portal very easily.

For the start-up and companies, the vendor registration process in CPPP is simple to follow and the detailed guidelines are available in the eprocure.gov.in portal.

Different formats of E-Tenders Bids in India:

In general, there are 3 formats of E-Tenders Bids are followed by Indian organizations as part of the E-procurement system. This is categorized base on the number of stages of the BID.

TYPE 1: Single part tender

In single part BID, all the qualification, technical and commercial BID are submitted together. Clients are able to see the cost along with the technical BID (Technical proposal) or the scope of the work. Evaluation and final acceptance of the vendor are based on the cost as well as the technical qualification of the BID.

TYPE 2:Two part tender.

In Two-part BID, vendors need to submit, separately technical BID ( Consist of technical and qualification docs) and the commercial BID. The first client will open the technical BID and evaluate it and shortlist the vendors who qualified for the technical BID’s. Commercial BID’s of only the technically qualified bidders will be opened during the commercial BID opening.

TYPE 3:Three part tender.

In Three-part tender, vendors need to submit 3 bids as part of the E-procurement system govt of India.

• 1st  BID is vendor qualification BID,
• 2^nd BID is technical BID,
• 3^rd BIDis commercial BID.

The client will first open the vendor qualification BID of all the vendors, who participated and shortlist the qualified vendors. In the second stage, the client will open the technical BID’s of the vendor qualified bidders and evaluate to shortlist the technically qualified vendors. In the last stage, only the technically qualified bidders are short-listed bidders and open the commercial BID and select the lowest bidder and release the order on them.

Some of the Important General Terms and Conditions in E-procurement system of govt of India:

There are few common terms available in all the tenders which are the part of E-procurement system of govt of India, which need to agree by the vendors for the smooth process of the e-tender in India. The most important terms are listed below.

Terms of Price:

 For Indian government organizations, the most preferred terms of price / Commercial terms is,

In-Land Suppliers: F.O.R, Customer site.

Foreign Suppliers: F.O.B.-Export, Sea Port/ F.C.A- Export, AirPort, Ex-Works & F.O.B customer nearest Airport.

Payment Terms:

 Most of the government and public sector organizations will not entertain “Advance Payment”. The preferred payment terms will vary with the organization. The most common preferred term is Net 30 days (100% payable within 30 days after the acceptance of supply at customer site).

Late delivery ( LD Clause): 

For the late delivery of the item, the vendor needs to pay 0.5% of the value of materials which is not supplied in time for every week’s delay, a maximum of 10% of the order value.

Performance Bank Guarantee (PBG):

Vendors need to provide a PBG amount equivalent to 3 – 10% of the order value ( Total value of the contract), covering the full warranty period plus 3 months from the date of acceptance. Percentage and period vary based on the organization. Once submitted the PBG, then only, the client will release the final order to the vendors.

Repeat Order Clause: 

 Terms and conditions related to the acceptance of the repeat order from the vendors, within a specified time period and quantity.

Product Support:

The General Terms and conditions related to the product support during the warranty period and after that for 5-10 years time.

Force Majeure:

 Force Majeure clause means, terms and conditions need to follow for the event beyond the control of the vendor and not involving the vendor’s fault or negligence and which is not foreseeable to the vendor or the client.

Preference to MAKE IN INDIA:

 In the E-procurement system of govt of India, Purchase preference is provided to “Make In India” shall be extended to local suppliers for technically accepted offers as per Govt. Of India order 2017 (PPO-2017). For more details, notifications, rule updations, eligibility conditions, amendments, and clauses, Please check to Purchase Preference To Domestic Manufacturers Of Defence Products website. https://www.ddpmod.gov.in/ppds#:~:text=In%20order%20to%20encourage%20’Make,15th%20June%202017.%20%2Cwhich%20has

Eligibility under this scheme for getting purchase preference :

Below are the prime eligibility needed for a company to get the preference to Make In India advantage.

1. The minimum percentage of Local content should be 50% or more.
2. Local Supplier quoted price falling within the limit of 20percentage margin of lowest (L1) foreign supplier.

At the time of bidding, The local supplier may need to provide self-certification that the item offered meets the minimum local content criteria and shall give details of the location(s) in India where value addition is made to meet the criteria.

Purchase preference procedure as part of E-procurement system of govt of India:

• The tender committee will verify the tender for confirming the Local content and confirm the preference criteria.
• Purchase preference will not be given if the local supplier not meeting the required level of local content.
• Local Suppliers are eligible to bid only for the estimated value of Goods or Services up to 50 L are eligible to get preference.

Rule to split the BID among the local supplier and foreign supplier:

Following method used to split the BID among the local supplier and foreign supplier.

Case-1: Divisible in nature ( Total quantity among the vendors):

The lowest bidder will be termed as L1,

If L1 is from a local supplier :

• Full quantity will be awarded to L1.

If L1 is not a local supplier :

• Local suppliers will be invited to match the L1 price and acceptance of the remaining 50% quantity subject to the local supplier’s quoted price falling within the margin. If matches 50% of the total quantity will be awarded to L1.
• If the lowest local supplier fails to match the L1 price the next higher local supplier within the margin will be invited to match the L1 price and acceptance of the remaining quantity so on, and the contract shall be awarded accordingly.
• In case some quantity is still left unordered on local suppliers, the balance quantity may also be ordered on the L1 bidder.

If none of the local suppliers within the margin of purchase preference matches the L1 price:

• The full quantity will be awarded to the L1 bidder ( Foreign Bidder).

Case-2: Quantity not Divisible in nature:

The lowest bid among all qualified bids in the E-procurement system govt of India is termed as an L1 bidder.

If L1 is a local supplier:

• The order for full quantity will be awarded to the L1 bidder.

If L1 is not from a local supplier:

• The lowest local bidder will be invited to match the L1 price subject to the local supplier’s BID price falling within the margin of purchase preference. If local suppliers agree to match the L1 price contract will be awarded to them.
• If an eligible local supplier fails to match the L1 price, the next higher bid local supplier within the margin of purchase preference will be invited to match the L1 price and so on, and the contract will be awarded accordingly.

If any of the eligible local suppliers not able to matches the L1 price: 

• The contract will be awarded to the L1 bidder.

E-Tender Process Flow / E-procurement system of govt of India process cycle.

The overall time frame for the E-Tender process in India may vary from an average of 1 month to a year on the basis of the complexity of the project and the organizations. Each stage in the e-procurement process flow is critical and needs to complete successfully to complete the overall process.

STEP 1: The Tender type Determination:

Based on the request for information (RFI), Pre-qualification Questionnaire (PQ), and Request for proposal (RFP), clients can decide which type of tender they need to release like limited tender, open tender, etc. This needs to get approved by the tender evaluation committee in the respective client organization.

STEP 2: Tender doc Preparation:

Once the tender type is determined, the client needs to prepare the tender document which is needed for the E-procurement system of govt of India. I.e exact tender, which includes, general terms and conditions, the requirements of the contract, and how you quote against the tender. Although the tender documents may vary from one organization to another, the common requirement of all the tender are as follows:

• Description of the supply and scope of services to be executed:
• Terms and Conditions of tender:
• Qualification criteria for the bidders:
• BID Submission requirements and format:
• Evaluation criteria of the BID:
• Important dates and other information:
• Conditions of contract:

STEP 3: Tender Approval:

Once the tender documents are prepared, they will submit to the management for approval. Management will create a committee for the process of the e-tender which includes the members from the different departments like, technical, purchase, finance, and projects. Once the committee evaluates and approved, it will be ready to release in the respective format decided in the first stage.

• The size of the committee will vary be based on the size and complexity of the project or scope of supply. In general, it may have 3 to 5 members and one member is from outside the department, who had expertise in it, as a consultant.

STEP 4: Tender Invitation:

Once the tender is approved, immediately it will be released in the E-procurement system of govt of India portals of the respective organization, in the case of DRDO or central organizations, CPPP ( Central purchase and procurement portal) is the preferred portal and for PSU like BEL, HAL they have theirs on e-procurement portals. This tender invitation will clearly mention all the important terms and conditions, dates, qualification criteria, etc, and the type of tender as decided earlier.

STEP 5: BID Submission / Vendor Respond:

Once the tender is invited, vendors can participate in the e-tender in the respective portals. Vendors can log in ( For registered users) or create an account ( Vendor Registration- Process can be done by filling in the details and submitting the relevant documents related to the company) in the respective portal.

Once login into the E-procurement system of govt of India portal, vendors can download the tender documents and submit the BID with all relevant documentation showing the qualification of the criteria, technical documents, compliance against the technical requirements in the right format (Single part / two-part BID, etc) within the due date and time.

• If the tender is demanding the EMD ( Earnest Money Deposit ) to participate in the BID, vendors need to produce the EMD in the requested format in the portal and upload the softcopy and send the original to the respective organization with the BID submission acknowledgment.
• Once the BID is submitted vendors can encrypt the BID using the digital Key. These data will be visible to the client only after the BID is opened.

Follow all the E-Tender rules and regulations, during the time of BID submission for the easy process of the tender. Online tender submission procedure can be check in the portal itself as most of the portals have sample live video demo of BID submissions and dedicated customer care is available if any support needed.

STEP 6: Evaluation of the BID

Once the due date is over, the BID evaluation committee will open the tender. If it is a single part BID, the entire document is verified and hand over to the technical department for evaluation and qualification. If it is a two-part BID, only the technical BID will open and hand it over to the technical team for the evaluation.

• Each tender document will be checked for technical compliance and then evaluated across each term and condition specified in the tender documentation.

The evaluation committee will shortlist the technically qualified vendors and submit the list for the TEC ( Technical evaluation committee approval). Once the committee approved the list, it will go to the next stage.

In the E-procurement system of govt of India Portal, vendors can check the status of each stage of BID evaluation, through their respective login.

If the evaluation committee is not clear about any data in the BID, they will officially request clarification, through the purchasing department to all the vendors and need to respond within the stipulated date and time with all the relevant supporting documents.

STEP 7: Selection of the Vendor:

If it is a single part BID, Lowest Bidder in the technically qualified list will be selected for the BID award. If it is a two-part BID, only the bids of the vendors that come in the list of technically qualified bidders will be opened on the date decided by the committee.

The date of the BID opening will be intimated to all the technically qualified Bidders and all the Bidders can check the status of their technical BIDs qualification over the e-tender portals. Once the BID opened, The Bidder with the lowest BID ( Consider the landing cost of the item to the customer premises) will be selected for the award of the order.

• Now in India, on the basis of the “make in India” initiative, Indian Bidders will get the higher preference, by giving them a chance to meet the L1 ( lowest) price, if they can meet the price, the committee can decide to advise the half the order to them, if it is possible to split or full order if quantity is unable to split.

If any terms and conditions in the BID are not meeting the tender terms and conditions, the client has the authority to reject the BID. Hence, it is important to ensure to meet all criteria and adhere to requirements in order to increase the chances of winning the order.

STEP 8: Final negotiation with the L1 Vendor:

Once the evaluation process is complete and price BID is opened, in the e-procurement portal, all the vendors can check the status of the BID. All the vendors get notifications from the respective portals regarding the BID opening date.

The client will call ( For meeting  / Over the phone) the L1 Bidders for the final negotiation meeting. In this meeting, all the committee members from the different departments will be available and they will negotiate on the price and other payment and commercial terms and conditions to reach a common agreement.

STEP 9: Release of LOI / Draft Order / Order Notification:

Once the negotiation process is completed, the Client will release the Draft order on the successful L1 Bidder and request to complete the terms and conditions like PBG / SD ( Security Deposit) and other terms and conditions agreed during the final negotiation.

 STEP 10: Release of Order / Contracts Established: 

Once the vendor formally meets all the E-Tender rules and regulations, terms and conditions negotiated during the final negotiation and LOI terms and conditions, and the receipt of SD ( If needed) client will release the formal order to the Vendor. The client needs to acknowledge the acceptance of the order within a specified time period to complete the process.

• Once the vendor accepted the order, which they received through the E-procurement system of govt of India, it will be the responsibility of the vendor to execute the order successfully within the time period.

Tips For Successful Bidding against E-Tender:

For the successful E-tender bid submission and getting the order, salespersons must be trained in all the processes involved and should understand sales states for successful closing the sales. 

TIP 1: Registration:

The first step for the successful bidding against the E-Tender to register with full details in the E-procurement system of govt of India portals of the client (organizations or Govt agencies ) that are likely to procure your product or services. The e-procurement registration process is very simple and easy to follow for any vendor.

In addition, there are much tender information services providing websites available in India, we can also register with them to get timely information about the latest tenders from different organizations across India.

TIP 2: Getting Tender in favor:

There are 2 situations for the new procurement from the clients, who are currently using our system or similar to our system. Most of the public sector buyers often need to buy products repeatedly.

CASE 1: Current customer

It will be ideal to work with clients and persuade them with the advantage and process easiness by going to the re-tender for their repeat requirements. Remind the buyers of solutions that are previously procured and show them the value for the money and the easiness and the advantages like saving the evaluation time etc by doing the re-tender for the same items.

• By doing the re-tendering of e-tender we will have a higher chance to get the order and we can process it easily.

CASE 2: New customer

Persuade clients with the innovative changes they can bring from the previously purchased items and service and the advantages like value for the money, technology, etc Customers will get by going with new e-procurement, with the new specifications and conditions. Show the customer the importance and the advantage of going with the advanced systems, than simply going repeatedly for the old procured systems.

• Help client to compose the new tender specifications which can be a favor to us and looks generic in nature. New specification which is favoring to us helps to close the BID in our favor.

TIP 3: Smart Management:

Most tenders in the E-procurement system of govt of India need a specific set of standard documents as part of the qualification along with the actual BID. We can prepare a document list in advance and can use it as and when need to submit along with BID against the tender. It will help to save time in the preparation of the standard list of the documents for e-tender.

• It is ideal to prepare a checklist consisting of all the important documents and items to need to submit along with the BID against e-tender. This checklist will help bidders to make the process easy.

Pre listed a set of documents helps the bidders to reduce the tender preparing time and expense in preparing it every time. Also for the repeat tenders, we can easily duplicate the list of documents needed from the previous tenders. During the e-tender bidding stage, double-check thoroughly all the relevant documents and furnish all the critical information in the bid.

TIP 4: Challenge yourself:

In case, if you believe the tender in the E-procurement system of govt of India is not processed fairly, you can politely challenge the client by officially writing to the head of the department or the organization. If any vendor raised the question to the head of the department, it will be the department’s decision to enquire about the challenge.

If the committee identified that the mentioned challenges/ questions are valid, the management committee can decide to re-tender the entire process to give an equal opportunity to the qualified vendors.

TIP 5: Don’t Bid without meeting the qualification:

As bidding against the e-tender in India without meeting the qualification criteria or unable the supply the good against the order may lead to blacklisting of the vendor from the Bidding list, it is ideal to Bid against the tender which is possible to execute fully as per the scope of the work. Submit the BID if our organization can meet all the E-Tender rules and regulations mentioned in the e-procurement process.

Once you have identified a new tender which you can BID, Make sure you fulfill the requirements mentioned in the qualification criteria and able to execute the order up to the level of customer full satisfaction.

The following questions can help you to decide further.

• Do we meet all the mandatory qualification criteria in the tender?
• Can we afford the cost and time need to execute this order?
• Do we have the required technical skills and expertise to execute, if we receive the order?

CONCLUSION:

E-procurement system of govt of India helps to reduce the quantity of the paperwork (as in earlier tender every document need to submitted physically), the process becomes fast online and the tender evaluation and qualification process can be completed without any manipulation.

• E-tender process help to reduce the corruption in the tendering process and helps to get equal opportunity to all the vendors including the start-up companies.

If you would like to understand, how to prepare a proper business plan, we recommend reading it from our Blog: BUSINESS PLAN.

To improve your sales skills, we recommend reading, 7 best sales books from the best book list.

In addition, please check the 7 beast business strategy and 7 Best business motivational books.

Thanks & Regards.

MyMoneyBooks.