2. COMPANY PROFILE
Name of Company : AUROTEK
Entrepreneur Name : SARAVANAN. R
Product : Cash Counting Machine
Type of Service : Sales and Service
Address : 17/1, Sathiya Nagar (West),
Pondicherry - 605013
3. Origin of Aurotek
Started as Commission
Agent
After getting experience he
become a dealer
In order to gain customer
trust he started the Aurotek
in Pondicherry
4. Source for Aurotek
He bought the cash counting machine from a
wholesale dealer in Chennai
He sold it to the customer by adding travel expenses
with some profit
Later sales increased to 3 machines per week
6. Marketing techniques
Giving Advertisement in newspaper
Preparing a bit notice and distributing it to shops and
public
A Small advertisement poster put inside the
newspaper
Online Marketing : Registering their firm in Justdial
8. Features provided by Aurotek
They are providing 4 free
services in a year
After a year they are charging
only Rs.250 per service
Now they are covering up to
200 km from Pondicherry
Next day service facility
10. Problems faced by Aurotek
Before Demonetization an average of 3 machine per
day was the sales of Aurotek
After demonetization the sales was decreased because
of less availability of cash
Implementation of GST increased the price of cash
counting machine.
11. Clients of Aurotek
Indian bank Puducherry
GRT Grand Hotel Puducherry
Life Insurance Corporation (LIC) Villupuram
TNSTC Villupuram
Tata motors Cuddalore
12. Future Plan
Open another branch in Chennai
Planning to open a website
Planning to concentrate on other products such as
Paper Shredder
Cash Bundling Machines
Voucher Holing machine