2 case study amit kumar 4195093
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case study on what amit kumar didiTRANSCRIPT
Case Study Summary : Amit_kumar_4195093
Dr. Nalli Kuppusamy Chetty was awaiting his granddaughter at the airport.
But all the while he was brainstorming on the fate of hisventure - Nalli sarees (1928). Nalli sarees had been a renowned brandof kanchipuram silk sarees till date and had further evolved into a global
brand with more verticals on offer such as the banarasi silksarees, embroidery sarees, cotton sarees, ready to stitch sets and dhotis
were on offer at present. The aching point on the line was exposed now in
2011 as Nalli sarees had been fighting tooth and nail with market
competition for survival. Other contemporaries had resorted to
humangous advertising, special offers, seasonal discounts, locationwise
competitive pricing, etcetera and also compromising on quality to lure
customers at lower prices whereas Nalli sarees had always advertised its
brand through word of mouth, retained its quality by employing traditional
weavers ( who were now switching to other occupancies), honest silkmoth
harvesters ( who provided for genuine silk), and common blanket pricing
irrespective of locations always keeping customer service and satisfaction
as the first priority. Nalli sarees also provided refunds on articles
( embroidery sarees, cotton sarees, ready to stitch sets) which were not
refunded by weavers and provided for huge space for customers in posh
cities even when estate prices skyrocketed. As per data collected
embroidery sarees and cotton sarees brought in minimal profits whereas
ready to stitch sets, materials and and dhotis even incurred losses but
these were made by the huge profits from kanchipuram silk sarees. These
factors were affecting profitability of Nalli sarees and Dr. Nalli was awaiting
his granddaughter- an ISB alumni to discuss over for a solution.