GIGABYTE India ends 2010 with a 37% YoY Growth in Q4 FY10
GIGABYTE Technology has reported a 37% year-over-year (YoY) revenue growth in Q4 FY10, providing a fitting ending to an outstanding year in which its motherboard sales in many Tier-2 and Tier-3 regions grew by over 100%. This result confirms the growing recognition of the value that GIGABYTE motherboards offer to customers in the Indian market, and the success of GIGABYTE's aggressive marketing strategy in the country.
Commenting on the growth, Rajan Sharma, General Manager - Marketing and Sales, GIGABYTE India, said, "During Q4 FY10, we continued to successfully execute our proven programmes and schemes for channel partners. We were able to leverage our distribution strength, spread and expertise to reach new regions and partners. Our local resources were spent more on channel building, education, training, marketing and brand-building activities that ensured sustainable and continuous demand generation."
GIGABYTE accomplished this remarkable YoY growth by successfully undertaking a number of sales and marketing initiatives through the year 2010. These initiatives included adding more channel partners, increasing channel penetration and spread in the upcountry markets, sustaining growth in established markets, reinforcing post-sales infrastructure for both partners and customers.