Group-7 Elegant Furniture Case Contact3

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    Contact 3 Group 7

    15 October 2011

    Vishal Master (Group Leader)

    Subramoni Iyer

    Rajnish Pandey

    Shreyas Raut

    Swati KediaSapna Modia

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    Potential Customers Market(65%)

    50%

    35%

    15%

    Existing Customers Market(35%)

    60%

    20%

    20%

    Cabinets

    Gadgets

    Civil Work

    70% Carpentry

    30% Readymade

    Retail Stores

    Small TimeContractors

    Gadget business goes to retail stores

    People unhappy due to poor finish by small time carpenters & civil contractor

    People prefer to see photos & demos of kitchen supplied

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    Market selection B2B of Potential NewCustomers Building Contractors

    Residential

    P

    Commercial

    Corporate

    Food chains

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    Why B2B as a market B2B customers limited in numbers B2B comparatively more organized market than B2C Entry comparatively easier in B2B than in B2C

    Bulk order can be received Cost of acquisition low % acceptability is higher

    Why new residential Larger market share for potential customers Customization is easy as new People not happy with the local works & carpenters

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    End-to-end solution

    Quality finish

    Reliability

    Competitive pricing

    Personalized supervision during execution

    3D model demo for decision making support

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    Sales force

    3 people (assumption) reportingto Aditya

    Through Chimanbhais references

    Promotional activities

    tie-up with builders

    ecommerce,

    stalls in real estate & commercial expos

    direct mailing of product catalogue with photos tobuilders

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    Market construction industry Customer geographical information

    Price charged per square feet

    Promotion strategy for kitchen furniture Competitors data

    Financial data

    Raw material sourcing

    Manufacturing cost

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