STREETONOMICS: Exploring the Uncharted Territories of Informal Markets through Collaborative Inquiry"
sengarvivek696
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Aug 09, 2024
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About This Presentation
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings.&q...
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
Size: 902.88 KB
Language: en
Added: Aug 09, 2024
Slides: 22 pages
Slide Content
Streetonomics
Class : LJ MBA –Section E ( Sem01 )
RAJU COFFEE BAR
Table of Contents
01 03
04
PRODUCT
AND SALES
02
INTRODUCTION
CUSTOMER BASE
AND
SATISFACTION
PROFIT
STUDIES
05 06
CHALLENGES
AND
COMPETITORS
MAJOR
LEARNINGS
What is an Unorganized Market
Thetermunorganizedmarketreferstothe
marketwhichisnotestablishedwiththegovt.
anddoesnothavedefiniteandconsistent
employmentconditions.Itisverysimpletoenter
suchmarketbecausenoaffiliationorcertificateis
required.
Unorganizedmarkethavesmallandscattered
unitswhicharelargelyoutsidethecontrolof
govt.Herejobsarelowpaidandnotregular.This
businessesusuallyhavefewerresourcessuch
asmoneyandemployees.
Unorganizedmarketcontributes30%inthe
IndianGDP.
Information of Raju Coffee Bar
RajucoffeebarisownedbyRatanLohar.
Basically,heisfromRajasthanandcurrently
stayinginGujaratfromlast25years.
Hehadstartedthisbusinessalmost10yearsago
withaninitialinvestmentof40,000rupees.
Rajucoffeebarisfamousforitscoldcocoand
coldcoffee.
More About Business
Customers 100 to 150 regular customers.
Age Group Majorly Gen Z and Millenials
Products Chocolate and coffee related bevrages
Timing 10:00 am to 12:00am
Price range 80 to 110 rupees
Products
01 0302
Cold Coco Ice Tea Special Shake
05
Products
04 0605
Milk Shake
Cold Coffee Hot Chocolate
Sales
cold coco
36%
ice tea
12%
special shake
16%
milk shake
14%
cold coffee
17%
hot chocolate
5%
Customer Base
0
5
10
15
20
25
30
35
40
Children Youth Adult Old age
Percent
Challenges Faced By Business
There are many challenges faced by business such as:
•Competition
•Managing cost cycle
•Retaining customers
•Constant eviction threat
•And many more…….
Compititors
Friend’s coffee barShiv Coffee Bar
01 02
Major Learning
Customer satisfaction and relationship.
Customer feedbacks.
Growth with consistency.
Retaining in competitive market.
Adopting new trends and methods with time.