Business Enhancement plan for Interior Designing
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Transcript of Business Enhancement plan for Interior Designing
Shree Balaji Interiors, Mumbai
Business Enhancement Plan
Building Regular Demand
• Expand Customer Base.
• Enter new & innovative furniture building domain – space saving furnitures
• Shift focus to nearby mega cities- Pune, Nagpur, Bangalore and Hyderabad
Expand Customer BaseHousehold Educational InstitutionsGovernment InstitutionsRestaurant BusinessMotels and Resorts
Dependence on only Corporate
Space Saving Furniture Cost saving! Space saving!
• Current Competitor- Resource Furniture-Italian co. with only one branch in India- Mumbai
• Requirement-- manpower- Mechanical engineer, Manufacturer & Distributor- technological training
• Advantages-- micro scale industry - unorganized sector- least competition
• Drawbacks-- Components not available in India- import- Initial time and money investment at inception
New sources of Business
• Society-project-builder- mass scale
• Educational Institutions-Hostel- bed cum table
• Edge of Low price - high volume sales
• Value of prestige- for rich-aesthetic value
• Tie-ups with furniture MNSc- IKEA
Modernize it! But how?
• Technological and mechanical training
• High focus on Research and Development
• Hire mechanical expertise from Top educational institutions- IITs, BITS, NITs, J.J. School of Arts
• Optimizing current marketing techniques- Social Media Marketing ( GoogleAdwords, sulekha.com, facebook.com, jabong.com, flipkart.com, snapdeal.com)