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8/7/2019 Wohi Swaad (1)
1/23
Presented by
Apurb Sinha Ritu Anand Vibha Garg
ohi Swaad .....
Wohi Baat......
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Diversity in food
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Diversity in Culture
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Cosmopolitan society
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Mission & Vision
Mission :
To provide people with authentic food so thatthey remain attached to their culture and
experience the Wahi Swaad
Vision:
To become a retail chain in next five years of
operation and open stores in major cosmopolitancity in India.
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Core Idea
Authentic food
Converging diverse Indian food
Need
The urge to get the same taste as that of thehometown food.
Migration leading to cosmopolitan societies islikely to increase the above need.
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Current Market situation
Available only with small grocery shops
Less diversity
Less variety People are unaware
Mostly produced locally
Price not reasonable
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Core idea
Authentic Food Store(ConvergingDiverse Indian Food)
Unique customer
service
Competitive
price
Reliable & Rapid
availability
Time saving
Upscale retailer
Hard to find eatables from
Around India
Attributes
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Consumer Research
Observation research was done
With focused groups of migrants staying
in cosmopolitan societies in the agegroup of above 25+
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Selecting Consumers to
Serve(STD
P) Segmentation
Geographic : - Cosmopolitan areas
Demographic :- Migrants, Middle class and abovePsychographic :- Nostalgic migrants who want to
remain connected to their groups.
Target
Areas like Andheri/Powai/Thane
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STDP cont.
Differentiation :-
Convergence ofDiverse Indian food
Free Sampling Suppliers will be well known names in regional
areas
Events Celebration like food festivals
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STDP cont.
Positioning
People are already aware of the taste and
have an urge to have the same experience. Wewant to create and experience ofWahi Swaad
to the customers.
Taste
MemoriesWahi Swad Incredible
India
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Product and Service Design(4P)
Products: Sweets (bengali rasogulla, Mysore pak, Petha)
Pickles (Sweet lemon, Large chilli)
Snacks (Chips, Gajak, Papads) Method of selection
Research team to find out the shops and retailersthat have maximum fan following in the local
regions Consumer research
Feedback and wish list from customers
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4P cont. Presentation
Packaging design: The packaging to be in such a
manner that the buyer immediately connects to
the original.
Supplier Name: The supplier name to be clearly
visible on the packages along with Wahi Swaad
Logo.
Mode of delivery Shop counter
Free home delivery
Online Orders (Future Plan)
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4P cont.
Pricing
A combination of cost based and competitive
pricing model
Balance between regional and local Price
Price = cost + approx 50% Margin
Aging based discounts
Distribution
Supplier located all over India
Not a core competency
Outsource collection, Storage and Supply
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Customer Delight
Shop interiors will reflect the regional places
The furniture and the utensils to represent the
regional image
Food festivals to be organized
Free samples
Customer feedback
Wish list recording
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Initial Investment Outlay
3
1
3
1
Ma et esea
T tal
Initial Investment
Invent y
De sit
u nitu e
m t i n
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SWOT Analysis
Strength
No similar competitor
Authentic taste
Well know supplier from regional area
Weakness
Life of food
High number of supplier
Business dependent on suppliers
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SWOT Analysis(cont.)
Opportunities
Cosmopolitian culture exists in Indian urbarn
areas and further growth in possible.
Growing Income and Spending Power
Decreasing trend of cooking snacks & sweets at
home
ThreatsMass Retail chains may start with this concept
immediately
Local Shops
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Challenges
Increasing cost of retail space
Pricing
Managing high number of suppliers
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Thank You