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4 Colours Art Jewellery

Project Report on
Visit to a Retail shop 4 Colours Art Jewellery

BACHELOR OF MANAGEMENT STUDIES (BMS)


MARATHA MANDIRS BABASAHEB GAWDE BUSINESS SCHOOL MUMBAI CENTRAL

SUBMITTED TO

Prof. Yasmin Singaporewala

BMS Semester - VI

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4 Colours Art Jewellery


SUBMITTED BY: Sr.no. 1 2 3 4 5 Name Farhan Choudhary Pradnya Garibe Humaid Nathekar Prathmesh Patil Sonali Shinde Roll.no. 12 17 29 36 53

BMS Semester - VI

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4 Colours Art Jewellery


Details of Visit Name of the Shop Date of visit Duration of Visit Address : : : : 4 Colours Art Jewellery 14/03/2012 2.00 to 3.30 pm Mulund (E), Nirmal Lifestyle Product Manufactured Name/Designation of the Concerned Industry Authority : : Immitation Jewellerys Mr. Nitesh Jagwani Owner

Index
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Sr.No
1 2 3 4 6 7 8 9 Background Vision Mission Statement Type of Store Retail mix Production Process Sustainable competitive advantage SWOT Conclusion

Contents

Page No.
06 06 07 07 12 13 13 15

List of Diagram

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Sr.No Name of Diagram Page No

1 2 3

Store Layout Production Process Sustainable Competitive Advantage

09 12 13

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Background Owner- Mr. Nitesh Jagwani.

Graduate B.com. Worked in Sia 6mitations jewellery from 2006 March 2010. Started his own kiosk on 25th July 2010.

Vision Mission Statement Vision Create an enterprise and brand value to increase the net worth of our group. Mission The very basis of our existence, our Mission is to successfully develop, produce and sell high quality jewellery and accessories and help our customers in getting the maximum value for money in process.

Type of store
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Leased Department. Situated at Ground floor of the mall. Rent- Rs. 45,000-50,000 p.m .

Retail Mix:

Products Pandants Earings

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Necklaces

Rings

The above shown jewellery are made in two types :Immitation Jewellery. American Diamond Jewellery. Price Immitation Jewellery 500 to 2,000 Rs. American Diamond Jewellery 2,500 to 10,000 Rs.
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Place Situated at the entrance of Nirmal Lifestyle Mall, Mlund (E). Store Layout

Fig 1
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Promotion Since it is just a kiosk they do not propmte their products on a large scale. They promote their products through Internet

Carry bags Pamphlets Providing Discounts, etc

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Presentation Since it is a Kiosk it is visible from all four corners. The customers who are entering or leaving the mall can stop and have a look at the jewellerys.

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Personnel The personnels includes One sales Person Jewellery Designer Production Process

Fig 2 Sustainable Competitive Advantage


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Fig 3 SWOT Strengths o Unique jewellery o Price range o Location Weaknesses o Leased department
o

Advertisement

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Opportunities o Product line o Expansion Threats o Competitors o Changing Fashion o Fad Products

Conclusion

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The immitation
jewellery industry is highly fragmented with thousands and thousands of

artisans competing for distribution contracts and fame. Some work and distribute locally, others have national distribution systems set up. Some artists will design products for larger companies to manufacture, others will design and make the pieces themselves. The jewellery shop which we visited was one of them and was striving to make it big in the Immitation Jewllery market

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