Wohi Swaad (1)

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    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