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PROJECT REPORT Chillar Payment Solutions

Arathi Ashok

 Chillar Payment Solutions Private Limited was registered at Registrar of Companies Ernakulam on 16 April, 2013 and is categorised as Company limited by Shares and an Non-govt company  Chillar Payment Solutions Private Limited currently have 4 Active Directors / Partners: Asif Basheer, Sreerekha Raveendranathan, Fairuz Ali Rehim, Harikrishnan Panickassery Madom Manmad Nair, and there are no other Active Directors / Partners in the company except these 4 officials.

BUSINESS PROMOTERS

 Asif Basheer  Harikrishnan PM  Sreerekha Raveendranathan  Fairuz Ali Rehim

RELEVENT PROMOTERS EXPERIENCE Owners

Asif Basheer

Harikrishnan PM

Experience 



Associated Vice President - Administration EXL General Manager Business Development EXL Services



Sales and Marketing Manager (TAJ)



Manager at LG Electronics India pvt Manager at HP



Sreerekha Raveendranathan



HR Manager EXL

Fairuz Ali Rehim



Former Lecturer at Kmm college of arts & science Thrikkakara Cochin Former Instructor at Computer Power Institute Former CEO & founder at Appsthink solutions Managing Director at Aspire Residential Public School

  

PRODUCTS /SERVICES

GOALS/OBJECTIVES • To deliver a convenient, fast, and safe purchase experience for the consumer. • To make a difference in the way people transact.

TARGET MARKET

Students

MARKETING STRATEGY Direct sales through

 Franchises  Press Release  Social Media Campaign

FINANCE Main source of finance through

 Annual subscription

fee every year by students

S.W.O.T. ANALYSIS TABLE Strengths

 Early in the market  New product

Weakness

 Unorganized  Reaching out the clients is the major headache  Time taking to convince the clients

Opportunity

 Early and innovative idea so wide range of market is for campus wallet

Threats

 Main competitors are Banks,Patym

S.W.O.T. ACTIVITY SHEET

 Early in the market  New product

 Early and innovative idea so wide range of market is for campus wallet

 Unorganized  Reaching out the clients is the major headache  Time taking to convince the clients

 Main competitors are Banks Patym etc

PRODUCT / SERVICE TABLE Campus Wallet

Cashless & safe payment system for students, which was only inside the campus

MARKET POSITION Campus Wallet

:

4.2

PRICING STRATEGY

Reasonable

VALUE TO CUSTOMER customer

Students  Exposure to electronic money transactions at a very young age  Protection from loss and theft  Faster service, shorter queues and easy tracking of expenses

Parents  Online recharge facility  Absolute control over spending. Eliminates the problem of misuse of cash.  Timely notifications facilitate proper monitoring of the student's activities  Parents get a monthly statement on card usage 

School  Reserve money in the school's account from recharging student cards.  No change related issue  20% less Administrative work  Faster Processing

UNIQUE SELLING POSITION • Early in the market • Complete all the process in 1 to 2 secs • Works in offline mode also so no need of internet connection • No need of bank accounts for parents or students to transfer the fund

KEY CUSTOMERS • • • • •

VIT, Andhra Pradesh. (Operational) Avantika by MIT, Pune and Ujjain (Operational) The Choice, Kochi. (Operational) St. Johns, Chennai. (Installation Stage) Christ Nagar College, Thiruvananthapuram. (Operational) • Bishop Cotton Girls , Bangalore. (Installation Stage)

CUSTOMERS MANAGEMENT  Provide quality services to the customers  Maintain customer relationship  Give solutions to customers problem

COMPETITORS Campus Wallet

 Banks  Patym

ADVERTISING & PROMOTIONAL STRATEGY Use the 4p’s ( product , price , place , promotion) to communicate with the consumer. Promotion is a combination of all the customers , including advertising & public relations  Campus Wallet is advertising through online , social media & news paper  Tusk is introduced as the promotional tool of Campus Wallet

SOCIAL MEDIA STRATEGY  Face book  You tube  LinkedIn

Used for giving advertisements & promotional activities

SALES STRATEGY Convince the clients & give information & awareness to them through taking seminar & customer care service also. Explain the features of product & impress the client for maximum sale of the product.

PRICE  Annual subscription model

EXPECTED SALES  At present 40000  Expected to be 400000

THANK YOU

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