Mart & Art Report Final (1)

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    Come to Elegance Where YOU Belong

    The brainstorming of 25 minds

    Has finally paid it all

    As here we are in front of you

    Standing with our Stall

    The name is MART & ART

    In the colors of Orange and Red

    A passion, an obsession, a creation

    An excitement waiting ahead

    It has everything in it

    From clothes, jewelry, to food

    Good enough to make you smile

    Good enough to refresh your mood

    What are you waiting for out there?

    Come immediately to our stall

    As we are graciously waiting for you

    With the desire to serve you all

    We assure you, you will enjoy

    We assure you, you will get the best

    We assure you; we will come up to your expectations

    Better than everyone else

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    INTRODUCTION TO MART & ART

    Our philosophy of MART & ART is Simple

    We provide you with a memorable experience that includes unique, delectable menu choices and

    the highest level of service. Youll receive personalized assistance on everything from our team.

    Our passion is evident in every corner of our outletwe take great care in its presentation and

    pride ourselves in creating fare that is a delightful to your eyes. Whether you are planning to buy

    our garments, jewelry, cosmetics, edibles or creamy concoctions to delight your senses Mart

    & Art will confidently exceed your expectations and treat every customer like the guest of honor.

    VISION OF MART & ART

    The vision of Mart & Art was to provide professional and courteous service, competitive

    prices, tasteful extensions and satisfaction guaranteed.

    MISSION OF MART & ART

    Stay ahead by introducing innovative products that creates a profitable outlet with a

    friendly atmosphere, good food, and excellent service where people truly enjoy coming.

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    OURVALUES

    We believed in setting a trend in selling by providing our customers the best beyond their

    expectations in terms of service, quality and value. Our main aim was to give them supreme

    quality environment and a comfortable setting where they would have fun while shopping,

    carefree atmosphere while eating our scrumptious deals to satisfy their taste buds.

    Following are our values that were maintained throughout the project:

    Excellence in Performance

    Commitment in Objectives

    Teamwork & dedication

    We are dedicated to continuous improvement in the quality of every product we make

    and in every activity we perform.

    Our reason for being is to understand, anticipate, and best fulfill our consumers needs.

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    SITUATION ANALYSIS

    TARGET MARKET

    Our target market was:

    Students/teachers of City campus,

    Students /teachers of MAJU (Mohammad Ali Jinnah University)

    Students from NCR-CET

    Following are the attributes of our target market:

    PRICE SENSITIVE: Costs are soaring high nowadays, hence, a high percentage of the

    market being students, price plays a vital role in defining the characteristics of the

    market. With limited funds, the students are restricted.

    CONVENIENCE SEEKER: Due to busy schedule of the students they prefer to buy

    food from the nearest shop. This attribute works in line with price sensitivity. Since, a

    major part of our targeted market is student based, it is naturally expected on the

    students part that theyll get their moneys worth.

    GOOD QUALITY: If its good, itll sell. With that being the general idea behind our

    products, we aimed at providing the best quality of food which would kept the customers

    satisfied, both on the price front as well as quality.

    CLEANLINESS: Even though the students are price sensitive they want good quality

    food and are conscious about hygiene.

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    COMPETITORS:

    We analyzed our Competitor and studied them as they were catering same target market as we

    were. Following are some analysis:

    They were offering Biryani, KFC, Sub Way and free Nesquik.

    They were offering products at bit expensive rates from us.

    They bought Biryani from us in Rs. 50 & sold it at their stall in Rs. 55

    After all whatever they were doing, they were following our strategies and We were one

    step ahead of them all the time.

    CUSTOMER RESEARCH

    OBJECTIVE

    To understand the needs of our customers better and what they wanted so that we could deliver

    the same and satisfy them.

    METHODOLOGY

    Through conversations with a variety of groups of students, we found that their first and

    foremost priority was hygiene, and good quality. With a general comparison made to our

    University cafeteria, the students showed a strong inclination towards having variety in food

    products.

    Because of seniors previous experience in retailing, this helped us in organizing and arranging

    our mart properly. All team members were dedicated towards their job and this helped us settinggreat height of trends.

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    STRUCTURE OF MART & ART

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    SPONSORSHIP

    Following are the sponsors that helped us in our project:

    SPONSORS OF MART & ART

    1. Hakim sons2. Lipton Tea3. Dunkin Donuts4. KFC5. Pepsi6. State Life Insurance7. Royal gold8. Keune9. Humayun Brothers10.Noor Fruit Facials11.

    Caltex

    12.Prevense13.Zameer Ansari Rolls14.Palmer15.Fruit facial16.Noor17.PUREDERM SKIN SOLUTIONS

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    PROMOTION

    The promotional activities were divided in three phases to allocate available resources properly.Moreover, the meaning of the word Mart & Art means an outlet with ability to impress and

    attract others. Hence, the name assures the customers (consumers, partners etc) that they are

    dealing with the wise and elegant people. We dont want our consumers to just spend their

    money; but we want them to spend their money wisely and get excited and energetic by buying

    the best product and enjoying it too. Because we believe that the key to success is to keep the

    customers happy.

    PRE-EVENT ACTIVITIES

    Following are the activities that constitute the first phase of promotion.

    Invitation Cards sent to Teachers

    Brochures were distributed all over the campus

    Teaser Posters inside campus were placed

    Wallpaper Teaser on Computer desktops

    Poems by Shamama-tur-Rafiq

    Event Invitation on Facebook

    Profile Pictures and Status Update on Facebook by every team member

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    DURING EVENT

    During the event, promotional activities were planned accordingly so that in order to attain more

    and more sales and satisfy our customers.

    Background Music in the outlet to give the feel of cool environement.

    Coverage from Aaj TV

    On our forth day, we called a pop singer and DJ ofHOT FM 105 Zain-ul-Abideen so

    that we could conclude the final day on an energetic note.

    Different Posters and banners of Keune were placed outside and within the premises of

    FAST-NU

    Use of advance technology Walkie- Talkie to place orders and reduce the time of

    moving up and down the stairs.

    Publicity in Vicinity the whole campus was decorated with red and orange color.

    ID Cards were assigned to every team member and volunteers also.

    Dress Code i-e red colored t-shirts with print of Mart & Art were given to boys while

    girls tried their best to set in by wearing red color clothes.

    Menu Card was arranged accordingly for within and outside campus.

    Silent Ads were displayed the whole time to represent our sponsors through projector.

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    POST EVENT

    At the end, the project was concluded by the following things.

    Closing Cake Cutting Ceremony byH

    ead of the Department & Faculty In-chargeAmir Adam

    Souvenirs to faculty members were given on last day from Hakim Sons and Noor.

    Pictures on Facebook were uploaded daily to tell others how much fun we had during

    this project.

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    TAG LINES

    Following were the taglines that we used for promotional activities

    Color your world pretty, make your life wonderful add class to your life - visit Mart

    & Art!

    The high class eloquence, the timeless elegance - Mart & Art is the place to be!

    Mart & Art come to the elegance where you belong!

    Red is Life, Orange is Excitement & pineapple is just a Fruit. Mart & Art has

    come to life.

    You dont remember a fruit unless its rotten. You always remember the class &

    elegance.

    Fruit dont symbolize Class... Mart & Art Does!

    Its a common Fruit market or a Classic elegance of Mart & Art. Know where

    you belong.

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    OUR OFFERINGS

    Its time to indulge, in the glory of MART & ART.

    We Give

    Professional,

    Courteous and knowledgeable service,

    Competitive pricing,

    Tasteful extensions

    And

    Satisfaction guaranteed!

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    PRODUCTS

    GARMENTS COSMETICS JEWELRY EDIBLES ICY TREATS

    LEVIS LOreal Bangles KFC Pinacolada

    Lee Ponds Earrings Dunkin Donuts Cold Coffee

    Jordan Craig Body Shop Necklaces Zameer Ansari

    Rolls

    Double

    Chocolate

    Shakes

    South Pole Keune Bracelets Halwa Puri Limca Chiller

    Everlast Garnier Breakfast Items Pink Lady

    Paris Blues Noor Biryani Lemonade

    Point Zero Olay OTHER Haleem JellO

    Galaxy Shirts Gillete Wallets Ice cream Cones Lassi

    Axe Soft Drinks

    Mineral Water

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    OPERATIONS

    DAY 1

    We served the very best of our products to our customers.

    Our plus point was yummy shakes and breakfast items.

    Aaj TV also came to do Mart and Arts coverage.

    DAY 2

    We offered our customers various deals at competitive prices.

    We introduced Haleem.

    We publicized our outlet in MAJU and NCR.

    DAY 3

    When our competitor introduced similar products, we started targeting students of

    different universities and companies in order to increase our sales.

    We introduced a deal which included Briyani + Free Cold Drink = Rs. 50

    Anas Kidwais band Destiny came to perfom and entertained the viewers.

    DAY 4

    A famous singer Zain-ul-Abideen came on our final day.

    We closed our day by a cake cutting ceremony and souvenirs given to faculty

    members.

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    FINANCES

    Following are the information about our daily sales and income statement.

    SPONSORSHIP

    Sponsors

    Caltex Rs. 10,000

    Hakim Sons Rs. 5,500

    Royal Gold Rs. 10,000

    State Life Rs. 10,000

    Keune Rs. 5,000

    Noor Rs. 5,000

    Total Rs. 45,500

    Free inventory

    Lipton Rs. 5,000

    3M Rs. 4,000

    Total Rs. 9,000

    Give Away

    Keune Rs. 4,000

    PureDerm Rs. 5,000

    Humayon Brothers Rs. 6,000

    Total Rs. 19,000

    Total Sponsorship Rs. 73,500

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    SALES

    ITEMS / STALLS FOUR DAYS

    Food Court: Day One Day two Day Three Day Four

    In Sale Rupees Rupees Rupees Rupees

    Icy corner 2,750 4,850 7,520 6,450

    Bakery 1,900 1300 1400 1000

    Lunch Deal 3750 3500 4600 7500

    Breakfast 3700 4875 6850 4985

    Zameer Roll 4550 6230 8050 7350

    Ice Creams 2700 2925 3330 2115

    Cold Drink 1040 1495 1570 1980

    KFC 3000 0 5400 4200

    Dunkin Donuts 0 4,100 4800 5100

    Lipton 0 1000 960 1160

    Total 23,390 30,275 44,480 41,840

    Total Food court Rs. 139,985

    Institutional Sale:

    Icy corner 0 0 0 0

    Bakery 450 780 650 500

    Lunch Deal 1900 3250 3950 2500

    Breakfast 545 850 745 470

    Cold Drink 0 195 221 156

    KFC 2000 0 5000 3200

    Dunkin Dounts 0 800 900 600

    Lipton 0 0 0 0

    Total 4895 5875 11466 7426

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    Total Sales Rs.28,285 Rs.36,150 Rs.55,946 Rs.49,266

    Total Sales of FC of

    M & A Rs. 169,647

    Garments:

    3200 5600 4000 4800

    Total Sales Rs. 17,600

    Jewelry & Cosmetics: 4580 12400 9250 7150

    Total Sales Rs. 33380

    Mini Mart & 3M:

    2150 1780 1990 3210

    Total Sales Rs. 9130

    Total M & A Sales Rs. 369,742

    Sponsors Rs. 45500

    Total Sales Rs. 415,242

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    INCOME STATEMENT

    Sales

    Food court 309,632

    Garment 17600

    Mini M & A, and 3M 9130

    Jewelry and Cosmetics 33380

    Total Sales Rs. 3,69,742

    Cost of Goods Sold Rs. 2,98,560

    Gross Margin Rs. 71,182

    Expenses

    Infra Structure 8150

    Promotion 4000

    Transportation 3050

    Miscellaneous 2700

    Total Rs. 17,900

    Other Revenue

    Sponsorship 45500

    Total Rs. 45,500

    Investment

    Group members 25,000

    Total Rs. 25,000

    Net Income Rs. 1,23

    Income per Member Rs. 4,951.28

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    LESSONS LEARNED

    Following are the lessons that we all learned after successfully completing this project:Always be prepared for the unexpected!

    Team efforts always make things easier.

    Twenty five heads are better than one. Brainstorming session was full of

    innovation.

    It requires a lot of patience and energy to sell things.

    Communication & right approach matters a lot in the world.

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    CONCLUDING POEM

    Honored to surrender ourselves in your debt

    Honored to render you the best of our service

    Honored to give you all a refreshing, new change

    Honored to give u all a reason to smile

    We cherish the time you spent on our stall

    We cherish the relationship you developed with all of us

    We wish this journey to continue forever

    We wish this tenure had lasted for long

    We wish to serve you people more from the depth of our hearts

    As we are amongst you and to you we belong

    We cherish the time you spent on our stall

    We cherish the relationship you developed with all of us

    Its time to say farewell, its time to say goodbye

    Its time to end the journey which we gave a new start

    Setting a trend in selling, setting a trend in service

    Feeling very low and with a very heavy heart

    We cherish the time you spent on our stall

    We cherish the relationship you developed with all of us

    - Shamama-tur-Rafiq ( M & A Member)

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