Professional Documents
Culture Documents
Individual Assignment
Surya Prakash_202231039_E
Scenario / Situation 1/1
• You are an entrepreneur selling Chikki. At the moment, there are two products
Peanut Chikki and Till Chikki
• These are sold in your private network + sold through small retailers + whats app
groups through as pre-order mode.
• You are doing this for the last three months and have reached Rs. 5,00,000
cumulative sales (highest sales Dec 2023 2,00,000)
• You are using contract manufacturing. At the moment, packaging is done by your
vendors as per your instructions. You do the QC and control of your quality.
• You only handle the sales and marketing of these products – but at the moment
they are sold as generic products without any brand name / specialized packaging.
• You get it manufactured @ of Rs. 200/ per kg. And retail it / sell it at Rs. 250/ per
kg (in two SKUs 250 / 500 gms).
Scenario / Situation 2/2
• During the classroom exercise, you will experience the product and
you will be briefed about the product ingredients and current
approach to selling and marketing this product.
• Now you as an entrepreneur want to grow this product (both volume
+ value / margin wise).
• You believe that these products could be marketed better and want to
work on this.
• Now start working on the tactics / do the things / create / take
decisions
Your assumptions / thesis / basis /
foundation
● The market for Chikki is not saturated, and there is room for growth
🌈 Unwrap the Magic: Why settle for ordinary when you can
experience extraordinary? PARAMPARA Chikki - your ticket to
elevating snacking, blending tradition and innovation with every
delightful bite. Join the FlavorCraft family today! 🌿🍬
#ParamparaChikkiJoyfulBites
Create / Do / Suggest / Think - Packaging and
Labelling Decisions
• Choice of packaging material
I will be using biodegradable materials for this as it will create some
positive image in the mind of the customer.
• Design / shape of the container / packaging
Something should not change, so i will keep my chikki in the rectangle
shape as it is easy to handle and from so many years we are eating
chikki like this.
Build: A landing page for your own D2C Website
(If applicable)
Decide: Pricing and Offers
• Peanut chikki (250gm) - Rs 75
Peanut Chikki (500gm) - Rs 135
● Till Chikki (250gm) - Rs 90
If the customer purchase in equal to or gretere than one kg, price will
be Rs 250 per kg for peanut chikki and Rs 300 per kg for Till chikki.
Create: One poster for your Facebook /
Instagram page
Build: Marketing / Sales Funnel in line with
the previous decisions (if applicable)
Not Applicable
Media / Ad plan for the budget of Rs. 50,000
in sync with your other decisions
• Google Ads
Rs 15000
• Facebook Ads
Rs 10000
• Sampling
Rs 10000
• Bundling
Rs 8000
• Joint offers
Rs 7000
Think / Suggest: Retention Marketing /
Repeat Purchase / Engagement loop (if
applicable)
• I will be social media so that whoever will post some interesting
video regarding our product, he/she will be getting some extra
discount.
• I will provide best quality with very reasonable price.
• Also i will promote it as a healthy sweets. So that people will eat
repeatedly and will also buy a as a gift item.
• I will keep taking feedback so that i will improve my product
Think / Suggest: Influencer Marketing (if
applicable)
I will be collaborating with the housewife who runs youtube or
facebook channel for food blogging.
Not Applicable