In West End (4101), there is a grocery store named Spice Merchants Aussie India, which produces most of the South Indian grocery as well as a bit of Asian food products. In this store daily use foods like grams, different kinds of flours, rice of various brands ,variety of spices and snacks like chips & biscuit, are available. It also sells frozen vegetables of different kinds, fruits and deserts. The fresh vegetables and fruits are mostly available on Sunday. Apart from grocery store they also have a small section in the corner where they have fresh homemade eatable snacks like savoury pastry (samosas), tangy snack (chaat) and lentil balls (dahi bhalla). At this store people can eat every kind of Indian snacks. The staff of the Indian …show more content…
Young people of age group between 14-20 they like to have tangy spicy snacks in their leisure time.
Adults and Old people where Adults like to buy some movie DVD’s and Old people who look for some items for performing religious rituals in their relaxation time.
Competitors
Spice merchants have a tough competition from its competitors
Geeta Enterprises McWhirters Centre, Shop T30 Fortitude Valley, 295 Brunswick St, Brisbane QLD 4006
Reliance Fresh Indian Grocery Store, 113 Orange Grove Rd, Coopers Plains QLD 4108
Raj Food Max – Indian Grocery Store Clay field, Shop 3, 735 Sandgate Road, Clayfield QLD 4011
Mirchh Masala Implex--3/110,Logan Road,Corner of LotusStreet, Woollangabba, Brisbane
This store has approximately 20% of the market and main competitor has a 40% of the market and others small businesses share the remaining 40% of market
Goods Produced or sold in the store
Indian groceries stores are popular all over the world. People from different countries love to try the new nutrition or foods, because it contains so many spices, beneficial and healthy ingredients. Spice Merchant store produces the main spices of India for example powdered cinnamon & cardamom mix called as Garam masala, various chaat masalas, Indian homemade biscuits, special masala tea from herbs, lentils, all types of Indian soft drinks, Indian basmati rice, flours, cosmetics related products, pickles of Priya and Sweets
-A much higher overhead could lead to losses at the beginning because they have to hire many new employees with each opening of a new store: therefore, this could
While as a whole the industry seems profitable, there are many challenges that are prominent in this industry. Firstly, many store have uneven cash
The case is about The Sports Guy which is an independent sporting goods store owned by Bob “Rocky” Rhodes; his business is in the retail sporting goods industry. The store is located in the south part of a small town which is just outside the Greater Toronto Area. The town has been growing rapidly for the last few years and the area around the store has become a prosperous neighbourhood, making their location a busy commercial area. The Sports Guy store sells sports related clothing and equipment. About 70% of their sales consist of equipment and uniforms bought by local teams, and 30% of sales consist of regular (walk-in) retail trade. The store’s sales have increased over the years
What would you do, if your favorite locally owned shops were to shut down? All across America locally owned stores are shutting down due to competition with large corporate businesses. One such case involves Blacksburg a small town located in Southwest Virginia. Located in the center of town, Downtown Blacksburg hosts its fair share of local business. From art stores to yogurt shops Downtown Blacksburg has it all. However, in the recent years local businesses are taking a toll as big franchises are moving in across the street. As big businesses move in competition increases for the local stores and being unable to keep up with the growing competition small businesses ultimately shut down. Steps should be taken to preserve the integrity of locally owned business from big franchises to prevent the loss of local culture that defines a small town.
I decided to work with pet owners which had any type of pet. This decision would give me a competitive advantage in the market, as most pet sitting services only offer service to domestic pet owners. My experience with pets of many different types would give the pet owners the confidence in my ability to care for their beloved animals with the same care and concern that they themselves would care for them. Although I would love to care for animals all over, I would be operating my business as the sole employee; therefore, I had to make the decision to only offer my services local to my residence. I decided that to start, a good distance would be any residence within 20 miles of my residence. I also decided that I would charge a lower price for pet owners located within 10 miles of my residence. I believe this would provide me with enough pet owners to sustain my business, while keeping the business manageable as the sole employee. I would like to, in the future, expand my business to include multiple employees, however, this would not be feasible upon my startup. After deciding the location I was going to operate my business, I began to research my competition. This research allowed me to ascertain how many other pet sitting services were offered in the area, as well as the prices that these businesses charged for their services. As can be seen on the below map, my research uncovered that there were 12 pet sitting services in the Port St Lucie, FL area.
The current size of the organisation is not as big as some of the rivals in the area. The chain compromises of 15 stores and has a big head office and
In regards to purchase, we have a more competitive price than our competitors. We do not have direct competitors but in comparison with our indirect competitors: supermarkets, our prices will be set 30% lower than the market price. We can afford that as we purchase our product at a reduced price from the farmers. When we talk about supermarkets we refer to both online delivery and shopping’s in the physical locations. The only competitor that have similar prices as us would be the Daily Table. But this competitor it does not deliver online and is based solely in Dorchester. In regard with new entrants they can be a threat as they have similar offerings as ours, therefore it is very important to have the advantage of the first mover and lock in our collaborations with the local farmers. We also believe we have an advantage in terms of convenience as we make the purchase decisions for the customers by selecting what goes in the box delivered, which is one less thing the customer has to
I consider myself quite lucky after trying up their items for the first time with some of my close pals. There I had Teekhi Aloo Chaat, Achari Paneer Tikka, Kesari Chicken Tikka, Corn Salt And Pepper, Fish n Chips as starters. The Aloo Chaat was quite spicy and lip-smacking too for being served with palatable green chutney.
Have you ever wondered why you’re so drawn to certain types of delivery food? You know, the stuff you think about all day before giving in and finally ordering? Well, when it comes to Indian food at least, science now has the answer for why you crave those curry-infused dishes like what you find at Indigo Indian Bistro in New York, NY.
The retail industry is highly competitive, with few barriers to entry. Each Company competes with many other local, regional and national retailers for customers, associates, locations, merchandise, services and other important aspects of the Company’s business. Those competitors include other department stores, discounters, home furnishing stores, specialty retailers, wholesale clubs, direct-to-consumer businesses and other forms of retail commerce. Some competitors are larger than JCPenney, have greater financial resources available to them, and, as a result, may be able to devote greater resources to sourcing, promoting and selling their products.” There are many factors that characterize competition, including advertising, service,
Getting a look on the store that has a variety of items you will want to make possible attachment with consumers who make efforts and choose an item they are eager to buy from this store as there is a factual basis you will want to make an assertion to check with as use of Curry’s voucher is the best use you can put as a source of making discounts if they are availed at the right price value items are sold at.
Local stores have been in interminable battle against large company chains. Whether it be hardware, food, toys , and many other goods, competition is always a hardship smaller stores must face. Larger stores have more opportunities, reliability, and cheaper prices, yet the quality is what usually comes into question. Local stores are nearly forced to raise prices just to even keep the store open which could certainly make remaining prices unhappy. Whether one decided to shop at a big box store or not, it is important to support one’s community.
Large corporations such as Wal-Mart or Home Depot often come under criticism for putting mom-and-pop shops out of business. While this may be a valid criticism, the consumers neglect to realize that they play the biggest part in shutting these businesses down. Consumers across the country are always looking for the best deals or the lowest prices, and in most cases the larger corporations are where products can be found at the lowest price. Many small business owners and the populations of small towns dislike large corporations moving into the area because they believe it negatively effects the local
If the price in your shop will be higher than competitive one the low-income customers will skip the trip to it which will lead to decrease in profit.
ITC entered the branded Atta market with the launch of Aashirvaad Atta in Jaipur and Chandigarh on 26th May 2002. The product is now available all over India. Aashirvaad atta has further built on its leadership position among the National Branded Players with a market share of 56%.'Aashirvaad' promises the Indian housewife the joy of providing her family with the most delightful home-made rotis, made from the finest quality atta. ITC uses the sourcing strength of its e-Choupals to buy wheat directly from the farmers to deliver happiness to the Indian consumer – Khushiyaan Chun Chun ke (Happiness handpicked). ‘Aashirvaad’ is made from finest quality wheat that ITC