4. The Situation Analysis
• Company
• Collaborators
• Customers
• Competitors
• Climate
FKFK
We value your time
5. COMPANY
FK
We value your time
• Click and Mortar company
• Mortar Structure based in Coimbatore
• Supply of Products for Festivals
& Corporate events
9. Wholesale suppliers
– Thermoshells (thermocol)
– Suraj speakers (speakers and boxes)
– Mahaveer novelty ( Electrical goods)
– City book center ( stationery items &
decorative items)
– Rajkamal enterprises ( Food items)
– Vicky sports shop ( mementos)
FK
We value your time
10. CUSTOMERS
Market Segment – Fests and events held in colleges.
Target Market – Colleges in and around Coimbatore.
Benefits – One stop solution
FK
We value your time
11. Buying Process
• This is the buying process that a normal
customer (college) has to undergo
FK
We value your time
Customer
Problem
Recognition
Search
Evaluation
of
Alternatives
Purchase
Decision
Post
Purchase
Behavior
12. The Customer Advantage
• All 4 steps of buying process are eliminated
for the customer
• Fest Kart takes care of all the 4 steps
• Customers can’t do impulse purchase as it is a
major event.
• Cost benefit ( reduction in search cost, travel
cost)
• Orders in short notice will be delivered in the
required time
• The product movement will be notified to the
customer as per request
FK
We value your time
13. The Customer Advantage (Contd.)
• Customers can find info about us
through
– Banners in colleges during the event
– Display ads in sites related to events and
functions
– Customized selection of goods and items
– Latest trends will be available
• Theme fest (Formal, Party)
FK
We value your time
14. COMPETITORS
• Local vendors and suppliers
• In – house inventory of items
• Event management agencies
• E Commerce Websites – flipkart.com,
myntra.com etc.
FK
We value your time
15. CLIMATE
• Web based business models
• Laws and regulations are still unclear in case
of e-business
• Economic situation: Increasing transportation
& travelling cost
FK
We value your time
17. SEGMENTATION
Geographic
Region wise: South
State wise : Tamilnadu
Behavioral
Occasions: Regular occasion, special
occasion, holiday, seasonal
Benefits: Quality Service, economical,
convenience, speed
FK
We value your time
18. TARGETING
Concentrated Marketing
• Colleges in Coimbatore, Institutes and corporations
• Colleges: Engineering colleges, MBA colleges, Arts and science
– Engineering Colleges – 70
– Business Schools – 56
– Arts & Science Colleges- 62
• Occasions: College functions, Department functions, B-school
fests
• Benefits: Convenience, Speed
FK
We value your time
19. POSITIONING
For all the young event managers worrying
about excess time consumed in going to several
places searching for the necessary items,
FestKart provides a one stop solution for all
your renting and purchasing problems.
FK
We value your time
20. DIFFERENTIATION
• Clients don’t have to go to various places
searching for the items required to carry out a
fest.
• The materials will be delivered at the required
place and on the required date.
• Materials can be returned and the money can be
reclaimed provided the packaging is still intact.
• Clients can check the available products on our
online website and can place orders.
FK
We value your time
22. PRODUCT
Differentiation/variety
• The main differentiating point is that all the required
products for the occasion are provided at one place.
• Product line includes a variety of the products from the
administrative items to the decorative items
Segmentation
• Geographic and demographic, college ranking
Quality
• The speed of delivery – Lead Time of 36 hours
• Conformance quality – consistency in delivering
FK
We value your time
23. Features
• Click type business
• Ubiquity
• Personalization/Customization
• Disintermediation
• Search cost reduced
• Transaction cost reduced
Brand Name
• Fest Kart- We value your time
• Value Proposition: Delivery Speed, All under
one roof
FK
We value your time
24. Packaging and Sizes
• Customized Packs as per customer requirement
• Bulk purchases and limited purchases are
available
Warranties
• Unused materials can be returned and the money can
be reclaimed provided the packaging is still intact (not
applicable for perishable goods)
Returns
• Revenue from Sales
• Revenue from Ads in our website
FK
We value your time
25. PRICE
List Price
• Each product is priced at MRP
• For services to be fast tracked during last minute
requirements, a small charge will be taken
• Delivery charges have to be met by the customers
Discounts
• Discounts are provided while opting for combo packs
or while buying a bulk amount
Payment Period
• Cash on delivery
• No credit terms allowed
FK
We value your time
26. PROMOTIONS
Online Promotions
• Search engine optimization
• Emails – With Catalogue
• Branding perspective: Video (You Tube), Display Ads, Facebook Community
• Alliance with www.nammabooks.com for display Ads
Offline Promotions
• Direct Marketing and Event Marketing:
– During functions held in various colleges
• Distributing pamphlets, branding the cups and items with FestKart’s
logo and details
• Brochures & Catalogues – Rs. 20 per catalogue
• Display Banners of 7*5 feet – Rs. 350 per banner
• Word of Mouth
• Offers will be provided for regular customers
FK
We value your time
27. PLACE
• Click and Mortar
• Web address & Contact Number
• Physical Location: Warehouse in
Coimbatore at Ramanathapuram
FK
We value your time
28. PROCESS
• Customer can contact us through mail or
phone
• Items required by the customer can be
ordered through the site
• Product will be taken to the customer
within the stipulated time
• Payment is cash on delivery basis
FK
We value your time
29. PEOPLE
• Employees : Driver for delivery service
• Management: Team of 5 members
• Culture: More of customer centric in nature
Customer Service
• Customers can contact us via mail or phone
• Door delivery / On site Delivery
FK
We value your time
30. PHYSICAL ENVIRONMENT
• Physical Location: A storage unit in Coimbatore
Dynamic Website
• User friendly website with wide range of catalogue
availability for the customers
• Option for customization
• One stop for all the fest needs
FK
We value your time
31. FUTURE SCOPE
• Expansion to locations near to Coimbatore
– Palakkad, Pollachi, Erode
• Implementing Payment Gateways
• Household functions
• Birthdays, Marriages, Funerals, Parties
• Maturing into an Event Management firm
FK
We value your time