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MARKETING MANAGEMENT
         ASSIGNMENT I-1
       BUSINESS PERSON 1: PAAN SHOP KEEPER
                   (PAANWALA)



Business Name : Udipi paan shop

Name          : Narshima Prabhu

Age            : 41 years

Education     : 5th class

Address       : Udipi paan shop, near Udipi‟s khanna Khazanna
               restaurant, Siddhi manora bldg., Agashi road, Virar (w).
I_1_Pratik Kishore Jain
(A)    BUSINESS MIX


ANS 1) PAST: He use to sell only paan, tobaccos, bidis and cigarettes.
       PRESENT: But from 10 years and at present, besides above products he also
       sell chocolates, fennels sachets, playing cards, biscuits, chewing gums,
       condoms, incenses, candle, pencil cells, etc.
       FUTURE: He is panning to sell costly chocolates like cadbury‟s dairy milk in
       nearby future.

ANS 2) PAST: He has two major varieties in paan: Calcutta paan and Banarasi
       paan. In Calcutta paan, meetha charged at Rs. 2, sadhaa Rs. 1 and zarda at
       Rs. 1.5. In Banarasi paan, meetha charged at Rs. 1, sadhaa Rs. 1 and zarda
       at Rs. 1.5.

       PRESENT: In this two varieties there are some variance which are charged
       differently.
       These rates are as follows:
       Calcutta paan      Cost       Selling   Banarasi paan      Cost      Selling
                          price      price                        price     price
       Meetha             Rs. 3      Rs. 8     Meetha             Rs. 2     Rs. 7
       Sadha              Rs. 2      Rs. 5     Sadha              Rs. 1.5   Rs. 3
       Zarda(tobacco)     Rs. 2.5    Rs.6      Zarda(tobacco)     Rs. 2     Rs. 4

       Mawa costs at Rs. 4 and so sold at Rs. 10/-
       Remaining products are sold at MRP rates by this business person. On „paan‟
       products his profit margin is more because on other products he cannot
       charge more than the market rates. His rates are same from last 5 years.
       FUTURE: if rates of ingredients of increase then the sale price will increase.



ANS 3) PAST: He use to sell his products directly only.

        PRESENT: He sells his products directly and sometimes through channels
        distributors but on a very small scale.

        FUTURE: He is planning to increase sale through distributors.


Page 2 of 9                                                     Confidential Document
I_1_Pratik Kishore Jain


ANS 4) PAST: First he was to sit outside Desai Hospital but municipal corporation
         has forced him to shift his stall so he opened in this area. Outside Udipi
         restaurant there was not a single competitor was available and thus he grab
         this opportunity and after taking permission he opened his shop.

         PRESENT: Already he had made a good image on the mindsets of the
         customers thus helping him to make sales and profits.

         FUTURE: customer lifetime value will increase goodwill and results in more
         customers.




ANS 5) PAST: He use to provide good quality of paan so people use to promote
         their products through interactions with others.

         PRESENT: He provides good quality of paan and other products. So
         customers use to publicize his taste of product and thus increasing sales
         through word-of-mouth publicity from many years.

         FUTURE: Word-of-mouth publicity will enhance more number of customers.




   (B)     DAILY LIFE OF BUSINESS PERSON



ANS 1) PAST: before 5 years, daily and monthly income was Rs. 1500 and Rs.
         45000 respectively. Monthly net profit was Rs. 6000/-

         PRESENT: His daily income is Rs. 2000/- and monthly revenue is Rs.
         60,000/-. Profits were, are and will be calculated on monthly basis. At
         present his monthly net profit is Rs. 8000/-

         FUTURE: income and profit depends on the demand of products and price of
         resources.




Page 3 of 9                                                      Confidential Document
I_1_Pratik Kishore Jain
ANS 2) PAST: First everything whatever he sales except the beetle (paan) leaves
       can be kept for longer duration so no question of loss arise.

       PRESENT: Experiencing loss of beetle leaves, he made strategy to buy only
       200 leaves on a mould in a day which he could sell the same on same day.

       FUTURE: He keeps limited stock so his sales are so good that majority
       products are sold and he has to order the same in every week.




ANS 3) PAST/PRESENT/FUTURE: He invest 1/3rd of his money again in purchasing
       products. Paan leaves, cigarettes, tobacco sachets are bought on daily basis
       while ingredients of paan, fennel, chocolates, incenses, biscuits, etc are on
       weekly basis.

ANS 4) PAST/PRESENT/FUTURE: It depends on past experience and the sale in a
       day; it forecast which stock, how many units he should buy and keep for
       another day. If stock remains after a day then he manage the same for
       another day by buying less stock.




ANS 5) PAST: shop was opened from 9:30am to 2:00pm and 4:00pm to 10:30pm.
       PRESENT/FUTURE: He opens his shop at sharp 9:00am and close at 2:00pm
       and again opens at 6:00 pm to 11:00 pm. He work for all 7 days of week
       and also keeps open on public holidays too.




(C)   BUSINESS AND IT’S IMPACT



ANS 1) PAST: Customers of Udipi bar was the main reason for his existence.

       PRESENT/FUTURE: Now-a-days, addiction is increased among teenagers and
       adults at a very high pace. His paan shop is located at most famous
       restaurant and bar, Udipi and also one more family restaurant is opened
       which proved a booster to his sale.

Page 4 of 9                                                   Confidential Document
I_1_Pratik Kishore Jain
ANS 2) PAST: only elder population was addicted to paan and cigarettes.

       PRESENT: In this modern era, teenagers are easily getting these addicted
       materials such as cigarettes and tobacco sachets because government
       regulations are not strict and even paan walas are interested in making their
       products sale. So this is adversely affecting country‟s youth. Also the elder
       population of society is more responsible than the government regulations
       as they had already mentioned on cigarettes cover and tobacco sachets that
       smoking/ chewing is injurious to health.

       FUTURE: Addiction of paan and cigarettes will not stop adversely affecting
       country‟s people.

ANS 3) PAST/PRESENT/FUTURE: Daily cash tally of his sales with supplier‟s bill
       helps him set targets and goals and thus leads to achieve success in
       business. From past 17 years he is doing business so he had made a high
       goodwill in the market.




ANS 4) PAST: one famous bar and restaurant and no other competitor influenced
       his business.

       PRESENT: Factors that influence the business are:

       There are two restaurants besides this paan shop.
       In front of it there is a tea stall. So people use to smoke while having tea.
       There is not even a single competitor in his region.
       He is existed in this business market from 17 years.
       FUTURE: it cannot be easily predictable regarding factors influencing in
       business.



ANS 5) Customers-

      PAST: People who are coming very frequently in Udipi bar are his regular
      customers.



Page 5 of 9                                                   Confidential Document
I_1_Pratik Kishore Jain
      PRESENT: Trespassers also use to have his paan because of its quality,
      variety and same taste from last 15 years.
      There are around 120 customers who comes specially to eat paan from
      different places just for his taste, habits and quality preference.
      FUTURE: Prospective customers-
      Since a new veg. family restaurant, Radha Krishna opened, families coming
      in this place use to have paan for a better taste after having their food.
      Teenagers are also prospective customers who are very eager to taste and
      smoke the cigarettes thus making themselves addictive to a bad sign.




(D) MARKET
ANS 1) PAST/PRESENT/FUTURE: Supply of products comes from wholesellers
      located in same region and the main distributor for ingredients of paan is
      Hiralal paanwala, virar(w).


ANS 2) PAST/PRESENT: There is no competitor in his nearby within the area.
      FUTURE: If competitor comes in his area then it will be threat for his
      business.


ANS 3) PRESENT/FUTURE: More and more restaurants and bars will influence his
      business. If new supplier comes and provide resources used in paan at low
      cost will effect his business operations and increase his margin.


ANS 4) PAST: Many people like to have ‟mawa‟ rather than paan which could help
      to restructure the market if betle leaves are not available.
      PRESENT/FUTURE: Many customers refer readymade paan which is best for
      use upto 3 months can be substitute product for paan.


ANS 5) PAST/PRESENT/FUTURE: To neutralize the market threat he had/has/ will
      take following measures:
              He maintains the tastes of varieties of paan which he has already
              maintained from 17 years and that‟s what customers says.


Page 6 of 9                                                     Confidential Document
I_1_Pratik Kishore Jain
              He provides home deliveries of paan to some regular customers.
              He also started to sell readymade paans which he buys from suppliers
              as per the customer demands.


(E)   BUSINESS DIFFERENTIATOR AND CREATORS

ANS 1) The product “paan” of this person has such a good quality and taste that
        consumers gets delighted and always make buy from him.

       Another positive approach is that in this locality there is no other paan shop
       and people who like to have paan, go to nearby shop.

       One customer itself has told us that from last 12-15 years this paan wala is
       providing the same delicious taste of paan which has created a good
       reputation and thus value.

ANS 2) Consumers experience satisfaction in taste and thus becoming lifetime
       value customers impose a lifetime impact on increment of income and
       goodwill in the market.




Page 7 of 9                                                  Confidential Document
I_1_Pratik Kishore Jain




ANS 3) SWOT ANALYSIS IS AS FOLLOWS:

           INTERNAL FACTORS                             EXTERNAL FACTORS
                 STRENGTHS                               OPPORTUNITIES
1. High liquidity.                          1. New restaurants are opened.
2. Low rates compare to others in city.     2. Nearby area is gaining attraction for
3. Same delighted taste of paan.               residence.
4. Varieties in paan.                       3. New tea stall is open.
                                            4. People now-a-days keep readymade
                                               paans.
                 WEAKNESS                                     THREATS
1. Low budget business restricts him to 1. New competitor can affect his sale.
   keep staff.                              2. Government may regulate on banning
2. Cannot keep stock of beetle leaves for      of tobacco (gutkas) sachets.
   longer period.                           3. Change    in   a   taste   may    reduce
3. Scope of his business is limited.           consumer‟s         satisfaction     thus
                                               decreasing value and customer.




Page 8 of 9                                                    Confidential Document
I_1_Pratik Kishore Jain


         ANS 4) 2*2 TOWS matrix is represented as below which lead to achieve more
                     success in future:

                                               OPPORTUNITIES                                THREATS
                                       1. New restaurants are opened. 1. New competitor can affect
                                       2. Nearby    area     is    gaining      his sale.
                                          attraction for residence.          2. Government       may      regulate
              FACTORS                  3. New tea stall is open.                on    banning        of   tobacco
                                       4. People    now-a-days        keep      (gutkas) sachets.
                                          readymade paans.                   3. Change in a taste preference
                                       5. Indians are price concerned           may     reduce        consumer‟s
                                          and conservative.                     satisfaction.
                                                                             4. Purchase should be on cash
                                                                                basis only.
           STRENGTHS                                  SO                                        ST
1. High liquidity.                     1. Prospective customers can          1. He rotates money in buying
2. Low     rates     compare      to      be made.(3,2)                         from suppliers from the
   others in city.                     2. Low rates and variety will            generated income daily.(1,4)
3. Same       delighted   taste   of      attract customers.(2,5)            2. Varieties can help to beat
   paan.                                                                        competitor‟s sale.(4,1)
4. Varieties in paan.
           WEAKNESS                                   WO                                      WT
1. Low        budget      business 1. Readily available customers 1. Due to limited scope he can
   restricts him to keep staff.           from restaurants can                  concentrate more on quality
2. Cannot keep stock of beetle            influence his                         and satisfaction value so that
   leaves for longer period.              business.(3,1&4)                      he can achieve customers
3. Scope of his business is 2. He can increase sale of                          lifetime value.(3,3)
   limited.                               readymade paans leading to 2. He can buy limited stock of
                                          overcome staff                        beetle leaves on daily cash
                                          problem.(1,4)                         basis to prevent




         Page 9 of 9                                                            Confidential Document

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Pratik kishore jain_i_1_mm_ver_1.1pdf

  • 1. MARKETING MANAGEMENT ASSIGNMENT I-1 BUSINESS PERSON 1: PAAN SHOP KEEPER (PAANWALA) Business Name : Udipi paan shop Name : Narshima Prabhu Age : 41 years Education : 5th class Address : Udipi paan shop, near Udipi‟s khanna Khazanna restaurant, Siddhi manora bldg., Agashi road, Virar (w).
  • 2. I_1_Pratik Kishore Jain (A) BUSINESS MIX ANS 1) PAST: He use to sell only paan, tobaccos, bidis and cigarettes. PRESENT: But from 10 years and at present, besides above products he also sell chocolates, fennels sachets, playing cards, biscuits, chewing gums, condoms, incenses, candle, pencil cells, etc. FUTURE: He is panning to sell costly chocolates like cadbury‟s dairy milk in nearby future. ANS 2) PAST: He has two major varieties in paan: Calcutta paan and Banarasi paan. In Calcutta paan, meetha charged at Rs. 2, sadhaa Rs. 1 and zarda at Rs. 1.5. In Banarasi paan, meetha charged at Rs. 1, sadhaa Rs. 1 and zarda at Rs. 1.5. PRESENT: In this two varieties there are some variance which are charged differently. These rates are as follows: Calcutta paan Cost Selling Banarasi paan Cost Selling price price price price Meetha Rs. 3 Rs. 8 Meetha Rs. 2 Rs. 7 Sadha Rs. 2 Rs. 5 Sadha Rs. 1.5 Rs. 3 Zarda(tobacco) Rs. 2.5 Rs.6 Zarda(tobacco) Rs. 2 Rs. 4 Mawa costs at Rs. 4 and so sold at Rs. 10/- Remaining products are sold at MRP rates by this business person. On „paan‟ products his profit margin is more because on other products he cannot charge more than the market rates. His rates are same from last 5 years. FUTURE: if rates of ingredients of increase then the sale price will increase. ANS 3) PAST: He use to sell his products directly only. PRESENT: He sells his products directly and sometimes through channels distributors but on a very small scale. FUTURE: He is planning to increase sale through distributors. Page 2 of 9 Confidential Document
  • 3. I_1_Pratik Kishore Jain ANS 4) PAST: First he was to sit outside Desai Hospital but municipal corporation has forced him to shift his stall so he opened in this area. Outside Udipi restaurant there was not a single competitor was available and thus he grab this opportunity and after taking permission he opened his shop. PRESENT: Already he had made a good image on the mindsets of the customers thus helping him to make sales and profits. FUTURE: customer lifetime value will increase goodwill and results in more customers. ANS 5) PAST: He use to provide good quality of paan so people use to promote their products through interactions with others. PRESENT: He provides good quality of paan and other products. So customers use to publicize his taste of product and thus increasing sales through word-of-mouth publicity from many years. FUTURE: Word-of-mouth publicity will enhance more number of customers. (B) DAILY LIFE OF BUSINESS PERSON ANS 1) PAST: before 5 years, daily and monthly income was Rs. 1500 and Rs. 45000 respectively. Monthly net profit was Rs. 6000/- PRESENT: His daily income is Rs. 2000/- and monthly revenue is Rs. 60,000/-. Profits were, are and will be calculated on monthly basis. At present his monthly net profit is Rs. 8000/- FUTURE: income and profit depends on the demand of products and price of resources. Page 3 of 9 Confidential Document
  • 4. I_1_Pratik Kishore Jain ANS 2) PAST: First everything whatever he sales except the beetle (paan) leaves can be kept for longer duration so no question of loss arise. PRESENT: Experiencing loss of beetle leaves, he made strategy to buy only 200 leaves on a mould in a day which he could sell the same on same day. FUTURE: He keeps limited stock so his sales are so good that majority products are sold and he has to order the same in every week. ANS 3) PAST/PRESENT/FUTURE: He invest 1/3rd of his money again in purchasing products. Paan leaves, cigarettes, tobacco sachets are bought on daily basis while ingredients of paan, fennel, chocolates, incenses, biscuits, etc are on weekly basis. ANS 4) PAST/PRESENT/FUTURE: It depends on past experience and the sale in a day; it forecast which stock, how many units he should buy and keep for another day. If stock remains after a day then he manage the same for another day by buying less stock. ANS 5) PAST: shop was opened from 9:30am to 2:00pm and 4:00pm to 10:30pm. PRESENT/FUTURE: He opens his shop at sharp 9:00am and close at 2:00pm and again opens at 6:00 pm to 11:00 pm. He work for all 7 days of week and also keeps open on public holidays too. (C) BUSINESS AND IT’S IMPACT ANS 1) PAST: Customers of Udipi bar was the main reason for his existence. PRESENT/FUTURE: Now-a-days, addiction is increased among teenagers and adults at a very high pace. His paan shop is located at most famous restaurant and bar, Udipi and also one more family restaurant is opened which proved a booster to his sale. Page 4 of 9 Confidential Document
  • 5. I_1_Pratik Kishore Jain ANS 2) PAST: only elder population was addicted to paan and cigarettes. PRESENT: In this modern era, teenagers are easily getting these addicted materials such as cigarettes and tobacco sachets because government regulations are not strict and even paan walas are interested in making their products sale. So this is adversely affecting country‟s youth. Also the elder population of society is more responsible than the government regulations as they had already mentioned on cigarettes cover and tobacco sachets that smoking/ chewing is injurious to health. FUTURE: Addiction of paan and cigarettes will not stop adversely affecting country‟s people. ANS 3) PAST/PRESENT/FUTURE: Daily cash tally of his sales with supplier‟s bill helps him set targets and goals and thus leads to achieve success in business. From past 17 years he is doing business so he had made a high goodwill in the market. ANS 4) PAST: one famous bar and restaurant and no other competitor influenced his business. PRESENT: Factors that influence the business are: There are two restaurants besides this paan shop. In front of it there is a tea stall. So people use to smoke while having tea. There is not even a single competitor in his region. He is existed in this business market from 17 years. FUTURE: it cannot be easily predictable regarding factors influencing in business. ANS 5) Customers- PAST: People who are coming very frequently in Udipi bar are his regular customers. Page 5 of 9 Confidential Document
  • 6. I_1_Pratik Kishore Jain PRESENT: Trespassers also use to have his paan because of its quality, variety and same taste from last 15 years. There are around 120 customers who comes specially to eat paan from different places just for his taste, habits and quality preference. FUTURE: Prospective customers- Since a new veg. family restaurant, Radha Krishna opened, families coming in this place use to have paan for a better taste after having their food. Teenagers are also prospective customers who are very eager to taste and smoke the cigarettes thus making themselves addictive to a bad sign. (D) MARKET ANS 1) PAST/PRESENT/FUTURE: Supply of products comes from wholesellers located in same region and the main distributor for ingredients of paan is Hiralal paanwala, virar(w). ANS 2) PAST/PRESENT: There is no competitor in his nearby within the area. FUTURE: If competitor comes in his area then it will be threat for his business. ANS 3) PRESENT/FUTURE: More and more restaurants and bars will influence his business. If new supplier comes and provide resources used in paan at low cost will effect his business operations and increase his margin. ANS 4) PAST: Many people like to have ‟mawa‟ rather than paan which could help to restructure the market if betle leaves are not available. PRESENT/FUTURE: Many customers refer readymade paan which is best for use upto 3 months can be substitute product for paan. ANS 5) PAST/PRESENT/FUTURE: To neutralize the market threat he had/has/ will take following measures: He maintains the tastes of varieties of paan which he has already maintained from 17 years and that‟s what customers says. Page 6 of 9 Confidential Document
  • 7. I_1_Pratik Kishore Jain He provides home deliveries of paan to some regular customers. He also started to sell readymade paans which he buys from suppliers as per the customer demands. (E) BUSINESS DIFFERENTIATOR AND CREATORS ANS 1) The product “paan” of this person has such a good quality and taste that consumers gets delighted and always make buy from him. Another positive approach is that in this locality there is no other paan shop and people who like to have paan, go to nearby shop. One customer itself has told us that from last 12-15 years this paan wala is providing the same delicious taste of paan which has created a good reputation and thus value. ANS 2) Consumers experience satisfaction in taste and thus becoming lifetime value customers impose a lifetime impact on increment of income and goodwill in the market. Page 7 of 9 Confidential Document
  • 8. I_1_Pratik Kishore Jain ANS 3) SWOT ANALYSIS IS AS FOLLOWS: INTERNAL FACTORS EXTERNAL FACTORS STRENGTHS OPPORTUNITIES 1. High liquidity. 1. New restaurants are opened. 2. Low rates compare to others in city. 2. Nearby area is gaining attraction for 3. Same delighted taste of paan. residence. 4. Varieties in paan. 3. New tea stall is open. 4. People now-a-days keep readymade paans. WEAKNESS THREATS 1. Low budget business restricts him to 1. New competitor can affect his sale. keep staff. 2. Government may regulate on banning 2. Cannot keep stock of beetle leaves for of tobacco (gutkas) sachets. longer period. 3. Change in a taste may reduce 3. Scope of his business is limited. consumer‟s satisfaction thus decreasing value and customer. Page 8 of 9 Confidential Document
  • 9. I_1_Pratik Kishore Jain ANS 4) 2*2 TOWS matrix is represented as below which lead to achieve more success in future: OPPORTUNITIES THREATS 1. New restaurants are opened. 1. New competitor can affect 2. Nearby area is gaining his sale. attraction for residence. 2. Government may regulate FACTORS 3. New tea stall is open. on banning of tobacco 4. People now-a-days keep (gutkas) sachets. readymade paans. 3. Change in a taste preference 5. Indians are price concerned may reduce consumer‟s and conservative. satisfaction. 4. Purchase should be on cash basis only. STRENGTHS SO ST 1. High liquidity. 1. Prospective customers can 1. He rotates money in buying 2. Low rates compare to be made.(3,2) from suppliers from the others in city. 2. Low rates and variety will generated income daily.(1,4) 3. Same delighted taste of attract customers.(2,5) 2. Varieties can help to beat paan. competitor‟s sale.(4,1) 4. Varieties in paan. WEAKNESS WO WT 1. Low budget business 1. Readily available customers 1. Due to limited scope he can restricts him to keep staff. from restaurants can concentrate more on quality 2. Cannot keep stock of beetle influence his and satisfaction value so that leaves for longer period. business.(3,1&4) he can achieve customers 3. Scope of his business is 2. He can increase sale of lifetime value.(3,3) limited. readymade paans leading to 2. He can buy limited stock of overcome staff beetle leaves on daily cash problem.(1,4) basis to prevent Page 9 of 9 Confidential Document