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