Date post: | 19-Jul-2015 |
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Marketing |
Upload: | sayantan-singha |
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CITY SCAN
Market : Burrabazar Cloth Market
Sayantan Singha
Sidhartha Shankar Saha
Sromona Chowdhury
Prashant D’cruz
Farha Jahan
Anand Kumar
“Anything and everything is available at Burrabazar… Even the tiger’s eye is available here if you pay the right price”
• The Biggest Wholesale Market in Asia
• Started off as a yarn and textile market
• Market Timing = 10am-8pm
SutanutiHaat
Bazar
KolkataBurrabazar
WHY BURRABAZAR?
90
%
• Well known
• Connectivity
• Biggest and Oldest market
Of them said they got the shops from their ancestors
THE PRODUCTS
Saree
Salwar Suits
Woollen Clothes
Lehenga
No Brand
Specific
“Yahan sab bikta hain”
The products dominating the market are:
THE SUPPLY CHAIN
Manufacturers
Wholesalers
Retailers
• Benaras - Silk
• Bangalore - Chiffon
• Cheaper Materials - SuratSaree
• Bangalore
• Mumbai
• Surat
Salwar
Suits
• Hyderabad
• Chandigarh
• ChinaWoollen
•Surat
•MaharastraLehenga
THE SUPPLY CHAIN
Transportation
Train
Road
Shipping
Manufacturers
Warehouses
• They are Nearby• Own warehouse
THE SUPPLY CHAIN
Wholesalers
Customers
Retailers
No Special Discount
2Months
Is the time period for keeping credit
PRICING
Price increases when the supply is low
5-7%
Max 10%
Wholesalers’ profit percentage
35%-40% Retailers’ profit percentage
Wholesaler Retailer
Buying price = 1000 Buying price = 1,113
Transportation Cost (1%) = 10 Profit (40%) = 445
Misc. Expense (5%) = 50
Profit (5%) = 53
Total = 1,113 Total = 1,558
COST
SHEET
0
5000
10000
15000
20000
25000
30000
35000
Lehenga Salwar Saree Blanket
22000
8002000 1450
30800
11202800 2030
PRICE COMPARISON
Wholesale Price Retail Price
TURNOVER
50 Crore
Is the yearly turnover at the big wholesale stores
10 Crore Is the yearly turnover at the medium sized wholesale stores
15 Lakhs Is the yearly turnover at the retail stores
SWOT ANALYSIS
SWOT
Strength Weakness
Opportunity Threat
• Market Size• Connectivity• Prices• Goodwill
• Unorganised• Congested• High Crime Rate• Poor
Infrastructure
• Brand consciousness• Harassment• Accident prone
• Betterment of infrastructure
• Online portal
QuestionnaireLocationWhy is the location selected by you all?What are the advantages of this location?
ProductWhat are the different kinds of cloths available here?What are the different brands available in the market?
Supply ChainWhere of these products are manufactured?Which mode of transport is used to bring the material?Who are the regular customers?How much bulk buying happens on everyday basis?What are the different terms of trade?
SeasonWhich time of the year is the peak time?How do you understand the demand?How much is the estimated turnover of a week?