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BY: Anurag Bisen Mustahid Ali RMS RETAIL PROJECT

Retail management project, picasso art gallery

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Page 1: Retail management project, picasso art gallery

BY:Anurag BisenMustahid AliNivedita .S

RMS RETAILPROJECT

Page 2: Retail management project, picasso art gallery

What is our basic concept?

Page 3: Retail management project, picasso art gallery

To create a shopping environment that caters to the needs of the art and craft community .

To Offering knowledgeable and professional customer service

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Art Gallery Retail StoreOver all

Itsa

Page 5: Retail management project, picasso art gallery

Picasso Art Gallery

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WHY DID WE CHOOSE THIS

MODEL

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Forefront in an exciting and

growing market

Unique in itself in respect to retailing

Growing public and private

education systems

High profit margin

Very few stores in

Panjim

TouristsAttractiveness is high

Page 8: Retail management project, picasso art gallery

MERCHANDISE MIX

Page 9: Retail management project, picasso art gallery
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offline trainingonline training

customization

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Business Canvas Model

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KEY PARTNERS CUSTOMER RELATIONSHIPSVALUE PROPOSITION• Artists• Museum• Sculptures• Tool suppliers• Trade Fair & Event Org.

• Cultural & Art Exhibition

• Distribution partners

• Selling of arts Crafts

• Sculptures• Tools• Teaching• VMI• After sale services.

• Home delivery

KEY ACTIVITY• Artists • Sales people• Technology• In gallery

experience sculptures

KEY RESORCES

• Encourage new artists

• Free basic learning• Organizing exhibitions

• Reasonable & Best Price

• Location Information to

Tourists• Free Home delivery

• Online and offline services• Rewards• Best Buy loyalty cards• Social media

CHANNELS

CUSTOMER SEGEMENTS

COST STRUCTURE REVENUE STREAMS

• Online delivery ,• Delivery through transportation• Others big giant retailers

• Tourists• Antic lovers• New home• Artists• Professionals• Teachers and students

• Sales of products• Sales of services• Online sales• In store sales

• Labour cost• Product cost• Inventory cost

• Delivery cost• Location and electricity cost

• Website cost

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Retail Mix

Merchandise

Advertising & Promotions

Store Layout & Design

Customer Services & Selling's

Locations

Price

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• Limited competition in Panjim area

• Available online,• Flexibility in pricing

• Competitors can offer same product quickly, • High transportation

cost,• Handling cost

• Ability to develop additional stores in other tourist area.

• Continue expansion of online sales

• Changes in regulations,• Increasing Insurance

cost

S

O

W

T

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Profession/age 25-35 35-45 45-60

Professional artist

Amateur artist

Businesses

Teacher and youth

Tourister

High Medium low

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Sales strategy

Targeting our

marketing efforts

Developing

product offers and merchan

dising formats

Developing

services and perks

Increasing awareness

Developing future

sales opportunit

y

Strategy

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Customers will be able to search our inventory and place orders.

Customers will be able to view our on-line art gallery.

Off-Goa customers will be able to read about our tour packages, and request additional information

Customers will be able to access a calendar of educational opportunities, and sign up on line

Customers will be able to use the website as a portal for art related research: technical, historical and local.

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74195

222585

370975

519365

667755

816145

991728

1194504

1397280

1600056

1802832

2005608

-2000000

-1500000

-1000000

-500000

0

500000

1000000

Break Even Analysis (Monthly)

Monthly Sales (In Rs)

Mon

thly

Exp

ecte

d Ex

pend

iture

(in

Rs)

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Sales and profit graph

YEAR 1 YEAR 2 YEAR 30

500000

1000000

1500000

2000000

2500000

3000000

Highlights

SALES GROSS MARGIN NET PROFIT

Years

All t

erm

in R

s

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