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MIP Retail Assignment Notes
MIP Retail Assignment Notes
Relaible paints
Local
Rate munasib
No new entrant
Everyone in market keeps a particular brand in majority. For them it was reliable
Bari companies like buildwrs and banks prefer bigger brands such as nelson and ici
Where as shopkeeper and medium scale low scale thekedaars prefer local brands or brands that have
more discounts and offer a largen token margin for the contractor.
Star paint
Gobbis most
Sales target yearly all companies give the branded ones but not local ones
Emulsion
Ici types-
The kind of purchasing power a wholesaler drasticallly affects the prices they get pffered by the
companies , for ecample star paint gets the delux impulsion at 27000 per dabba from the cpmpany
whereas a larger buyer can get at lower price.
And price varies alot from brand to brand as well, reliance paints sell the same product as ICI at a much
lower price and local brand even offer lower
The wholesale wants to sell the products of the the larger companies more because they have yearly
sales targets jispey they get discounts, lekin the existnec kf the tpken issue the wholesse has ro maintain
an adequate nventory of local brands as well.
Tawakkal Paints
It is kind if blackmail in which even if they have a better product they wont be able ti sell
Supercoat paints finished token policy and paid the price for it even though it was one of the best paints.
Eg Master Paints is also suffering from same problem, Jotun and Nippon also dont have
Local brands are selling more as they are cheaper eg 1500rs instead of 2500 rs but have problems eg
cover 2 rooms instead of 3
Margin- no fix rate for local but for brand they have fix rates
25% discount or 20% is set. This depends on your yearly sales and you get this % after 1 year and it
increases and decreases based on their performance.
Deulux is expensive
Most expensive - ICI- but isnt selling much because of token so they are going for exports
They wanted to come as lecturer and teach about how to face with problems
If company gives a promise eg iPhone but gives android then he will keep in godam
Sindh Paints
Choice of malik
Ghulam Uzair
All token
Adeel Ahmed
Margin is 18%
New entrants- they dont keep everyone unless it builds a good brand
Zaki Paints
Dealer-nelson
Got benefit from both local and branded but it is customers choice which one they prefer
11,445 price
Afaq Paint House
They have yearly sales target and get 4 to 5% extra than normal
No new brands