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MIS 205Presented to
Khan Noble Morshed (KNM)
Presented ByNavera KhanArham Rafid
Toufiqul Islam SakeebSabnam SabaIrtiza Rahman
Sharzin Shavina Reza
About Playworld• It is the world’s leading and dedicated toy and juvenile products
retailer offering a differentiated shopping experience through its family of brands.
• It’s merchandise is sold in 873 Playworld stores in the United States and Puerto Rico and in 600 stores all over the world.
• Playworld has a strong portfolio of e-commerce sites such as Toysrus.com, Babiesrus.com, eToys.com and FAQ.com
• This provides shoppers with a broad online selection of distinctive toys and baby products.
• For more than 60 years Playworld has been a favorite destination for kids and grownups providing an impressive assortment of toys, games, sporting goods, electronics, baby products, etc.
•
Introduction
PlayWorld
Toys for BoysToys for Girls
• Kemal Ataturk Road, Banani, Dhaka.
• As the upper and upper -middle class people mostly live in this area.
Our Company’s Location
Initial investment 65,00,000 BDT(2008)
• Related expenses• Advance store rent 10,00,000 BDT• Store rent 100,000 BDT (per month)• Equipments 19,00,000 BDT• Store decoration 500,000 BDT• Utility expenses 50,000 BDT monthly• Salaries 84,000 BDT monthly• Advertising expenses: • 100000 BDT monthly
• Distribution cost 5,000 BDT approximately (per supply)
Company Financials
PlayWorld’s Mission
PlayWorld’s Vision
To retain it’s image of being the ultimate toy destination around the globe for parents and children embodying a customer philosophy of quality , value and selection of it’s products.
• “Providing versatile, exclusive & unique toys”
Architecture of “E-Playworld”
• MIS of Playword provides information needed to manage it’s organization efficiently and effectively.
• Playword’s primary resources are it’s people, technology and information for decision-making.
•
MIS STRUCTURE
• The online site s of Playworld such as Etoys.com make unique toys and an assortment of products easily available to children and parents eliminating the possibility of geographical barriers. The company’s e-commerce is structured as shown in the diagram.
Architecture of “E-Playworld”
Level of decision making at Playworld
How it uses MIS
Development of MIS structure
• Feasibility Study • Envn. Definition• System
Specification
Base Phase
• System Development
Phase I • System Installation,
Testing & operation • Capacity Building • System
Implementation
Phase II
• Technical Support and Maintenance
Phase III
Applications
Playworld applications
Decision support systems
Resource and people
management applications
Enterprise resource planning
Enterprise performance management
Customer relationship
management
Project management applications
• The online sites of Playworld such as Etoys.com make unique toys and an assortment of products easily available to children and parents eliminating the possibility of geographical barriers.
• Playworld implements certain MIS applications such as follows to provide managers with organized information about sales, inventory and other data:
Why Playword implements E-commerce
Why Playword implements E-commerce
Components of our IS
• In future when we’ll export that time we use Water & Air Transportation
• Transportation Modes• Initially we use only Road Transportation• Storage Ware house• We store our product in our company building’s ground
floor which we rented
Ware housing
• Comparative AdvertisingAdvertise our quality features to compare with competitors• Persuasive AdvertisingAdvertise latest clothing products in newspaper & Television
showing products features• Advertising Strategy• Pull StrategyTo create consumer demandGiving discount coupons to create Brand Awareness & Equity• Promotional Strategy• In our country Clothing Line Company is in Monopolistic situation.
So, in this large market our company wants to established with excellent quality and affordable price with customer satisfaction.
Promotion
Buss Marketing
• Popular celebrity endorsements
• new milestones, announcement of new collections and events
Press release
• Fashion show• Playworld face of the
month• Club t shirt for school,
college and university student
Sponsor • PlayWorld website
• YouTube, MySpace, Face Book
Viral spread
Advertising
News-paper
Television
Outdoor(Billboard)
Virtual Media(Web page,
Facebook)Advertising
Market research
part-time retail job
Make samples
Survey
Process of Developing IS Solutions
Network Structure of Play World
Procurement Process
• Giving our Customers an idea of our Products
Creating a Hypermedia Website
• Revenue from Online Sales
• Reduce Transaction Costs
• Attract new customers via Web Marketing
• Increase Customer loyalty by Web Support & Services
• Develop Web Based Markets
• Develop information-based products accessible on the Web
Business Values of e-commerce
Transaction Processing of Play World
• A Unified Database that enables efficiency in Planning, Managing and Controlling
• Tracking the status of Sales, Inventory
• Forecasting Raw Materials
• Forecasting Human • Resource requirements
Planning of our Enterprise Resources
• The Integrated Solution
Supply Chain Management
Stages followed for SCM
• Highlight its strength and weaknesses
• Provide an overall picture of the Company
• Makes Customer Data and Feedback available
• Information is an asset in the modern world and MIS helps protect and use that information properly.
• Attain Customer Intimacy and service
• Support Managerial Decisions• Importance of using MIS
Information System helps a company
MARKETING INTELLIGENCE SYSTEM
Retrieving information to educate Employees
PlayWorld
Income statement For the year ended December 2011
Company Financials
TK TK
Sales 48000000
Less:
Cost of goods sold (32000000)
Gross margin 16000000
Less: Operating expenses
Store rent (1200000)
Depreciation expenses (800000)
Salaries (1000800)
Utilities expenses (600000)
Miscellaneous expenses (400000)
Advertising expenses (1200000)
(3000800)
Net income 11799200
PlayWorldBalance Sheet
For the year ended December 2011. TK
• Cash
22999900• Accounts Receivable
2345668• Equipment
1900000Total Assets 27245568
• Accounts Payable 2245470
• Notes Payable 10000000
• PlayWorld Capital December 2011 15000098Total liabilities & Equity 27245568
Company Financials
Top Level Management
• CHIEF EXECUTIVE OFFICER Head of all the activities Decision making of all sorts
• INFORMATION OFFICER Operating all information systems
functions
• BRANCH MANAGER Monitoring and Controlling Decision Making
PlayWorld’s Human Resource Management
Human Resource Management
Middle Level Management
• ACCOUNTS MANAGER Record Business Events Inventory Records Payroll
• CASHIER Cash Records Credit Records
• SALES EXECUTIVE- 5 Persons Informing Customers about
Products Deal with Customers Meet Sales Target
Lower Level Management
CLEANERS- 2 persons Keep Store Neat and Clean Ensure Healthy Working
Conditions
SECURITY GUARD- 1 Persons
Ensure Protection Authorized Access
Salaries
TOP LEVEL MANAGERS : Information Officer ( 1 ) – 20000 BDT
Branch Manager (1)– 15000 BDT
MIDDLE LEVEL MANAGERS : Accounts Manager (1) – 12000 BDT
Cashier (1) – 10000 BDTSales Executive (5) – 8000 BDT
LOWER LEVEL MANAGERS : Cleaner (2) – 2000 BDTSecurity (2) – 3000 BDT
Our Target Customers• Mass marketing for Upper and Upper-Middle class
people which divided in three segments.• Niche(Concentrated) Marketing
• In our Target Market our company mostly concentrate on kids
• Adolescents of 3-8 years old• Babies• Console gamers
Segmentation
• Toys World can break down their market into three different segments. These three fragments are:
• General Kids: This group includes adolescents belonging to the age group of 3-8 years old. Innovative toys are manufactured for this age group which capture their imaginations.
• Babies: This group mainly involve the newborns and babies upto 3 years old. Interactive toys are made for the babies as well as clothes and attires.
• Console gamers: In this day and age, kids are shifting in numbers towards technology. A lot of kids now take entertainment in playing gaming consoles rather than playing with traditional toys. Toys world aims at this segment by manufacturing
PlayWorld’s Marketing Mix
Product
Price
Distribution
Promotion
Consumer wants and needs
Cost to satisfy
Convenient to buy
Communication
Product
Product
Products• Soft toys
•Lego
•Plastic Cars
•Robots
•Playing guns
•Airplanes
•Remote controlled toys
Products
• Dolls
• Cartoon Character Toys
• Teddy Bears
• Kitchen Toys
• Party House
Pricing Strategy
Penetration Pricing
Psychological Pricing
Opening Discount
Pricing StrategyDiscount Pricing
Product BundlingIf a customer buy 5 products at a time we offer 7.5% discount
Psychological DiscountWe provide our price like 1999/= or 1449/=
Seasonal DiscountWe offer summer sell or winter sellPricingIn our every product price we follow product line pricingProduct Line
• dgdgd
Soft Toys Pricing
Exclusive Discounts
• We will provide exclusive discount on some special occasions like:
Children’s DayEid-Ul-FitarEid-Ul-AzhaFriendship dayOthers
Distribution
Producer
Retailer
Customer
Distribution Strategy
Specialty Store
Private Warehousi
ng
Physical Distribution
Transport Mode• Road
Transport
Completely supplied by the producers.
Promotions
• Support Media: Billboards
• Wide Coverage in Dhaka city.• High frequency of exposure• Repetition to make the brand more recognition
•Coverage Areas: Banani Area Mohakhali Flyover Asad Gate Dhanmondi Gulshan-2 Uttara
Promotions
• To build Brand Awareness and develop Brand Image
• Media Vehicles:– Facebook – www.facebook.com
• Facebook is the World’s number one socializing network
• Thousands of visitors per day.
• Support Media: Internet