IIFT - Arijit Agasty
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Transcript of IIFT - Arijit Agasty
Vriksha Mantra
-TrendsetterArijit Agasty
Executive Summary
Business Motto : Green Life, Great Life!
Business Headquarter : Kolkata
The product idea encourages to be close to
nature always and we project it as a style
statement. Small plants in the form of
accessories, as decorative items for
preserving that bit of nature in you.
Product details
Features of the product :
Small potted plants/sprouts/shoots/roots used as pendants,
wrist bands, hair clips, bag tags, almirah/fridge magnets,
decorative pieces for table
Plants : Sedum, Bromeliads (Tillandsia) available in nurseries
Material for pots : polymers, plastic, water tight
Plants transported from nurseries in Kalimpong and Darjeeling
Customization :
Customers can send their own design for the pots, if feasible
Marketing strategy
Promotion : cause marketing, tie ups with environmental organizations
Placing : projecting as a nationalized brand
Positioning : offer to target group as green initiative, eco friendly and style statement
Target Group : nature lovers and fashion conscious , teenage female, working class women
Competitor analysis
Currently, no competitor in the market with
a similar product in India. Though similar
products are available in US.
Financials(a brief summary)
Expenditures :Raw Materials : according to the customization and size of the product
Plants - INR 100 to 300
Pots - INR 50 to 100
Key chains/Magnets - INR 20 to 50
Chain(Necklace) - INR 150 to 250
Website hosting - INR 1000 to 1500 per year
Delivery charges : INR 50
Income :
INR 50-100 margin on each product
Sale target – about 500 items per month initially
Future growth forecast
Sales estimation in the first 1/2 years :
starting with 500 items per month to 30000
Growth expectations in the next 5 years :
brand recognition and opening up stores
in Mumbai, Delhi, Kolkata, Bangalore,
Hyderabad, Chandigarh
Rationale :
Using recycled material in the products is
not new to Indian market, but actually
using plants is
Fashion has now become an integral part
of youth with brand consciousness
catching up even with adults
Thank you!