Friday, June 12, 2015

Tips for entrepreneurship skill in marketing



I see a bright future of me in Paschimanchal.  This depends on how quickly you develop your confidence, skill & management in marketing. Today market is the fortune maker of any commodity. Presently I am in a nascent   stage in Paschimanchal. Indeed you are now at a low scale of production. Hope, gradually you will scale up quantum. Just now, I remember a  proverb quoted by the legendry Khana. In her famous words (bachan) “ Pasapasi bas.. Dekhadeki chas”. . Farming is  an outcome of seeing. When  your neighbours will  see me in the waste-land, up-lands, forests ,orchards and unutilized  lands then  they will start loving  and following  me spontaneously and begin  a new farming systems in the dry tracts. In future  I will grow more and more. Simultaneously I visualize market related issues that will come up later.  To tackle future marketing problems I need entrepreneurs. Only they can help sustain my prosperity. Ultimately my  prosperity will be transformed  into your prosperity.
You may be successful entrepreneurs if you adhere to some basic tenets. You along with your SHG members can be a unit  of entrepreneurship. In long run you may also establish Producer’s Company. In Kandhamahal  tribal Shgs  formed KASAM – a producer’s company.  Kasam is now exporting  and earning crores of rupees.  In Paschimanchal  you can do the same. Only it requires your dream, dedication and determination. I have seen women run SHGs in Meghalaya who have captured  wide turmeric markets by their quality products. Similar can be done in Paschimanchal. There are now many institutions who will help support if you take the challenges.  Read the lessons of Maniklal or Shantimoy by heart and become entrepreneurs.  
I have noticed the bud of entrepreneurship among many of you.  In many occasions you raised the issues. Now I want to share some tips for your success and mention your strengths on the subject..
Marketing Strategy for entrepreneurship depends on multi-factors. These factors are classified into seven components for ease understanding and  lovingly called 7 Ps.   They are Product, Price, Promotion, Place, Packaging, Positioning and People.
The first criteria considers about inbuilt property of the commodity.  If you produce me with your devotion using quality materials,  I am sure you would gain advantage and upbeat competitors.  Colour, flavour and taste  are at your  disposal.  You would be superior to many who mix  poisonous  lead-materials for colour or rice powder for volumes.  Look at Shantimoy’s experience . Households now  queue  to his door for quality products.  Remember, customers always make bee lines in front   of quality products.
For  second  point you can challenge your counter competitors . If you produce and process me with local resources and with your own labour and market it locally you will enjoy price-advantage. You can sell your product at cheap rate  keeping safe margin. Finally, both customers and producers will be cheerful at the same time.   Harvest your price-strength.
Next P-is promotion.  Your locality is known to you. You will be  facing known  local customers. Communicated with them with your products. Let them feel about your quality. Gradually your product will be promoted.  Don’t be shy or shaky.  Be innovative  in marketing. Search the gray areas of companies. For example,  render home services  or  delivery on tele-calls which  corporate or other agencies find  difficult.  Once you enjoy the confidence of your people in quick delivery from your end,  your  products will be automatically promoted. Promote your service to uncared sectors,e.g. tapping  mid-day schools,   confectionery shops etc .
Next marketing strategy relates to place- where product is marketed or available. You are a local entrepreneur. You extract the advantage of location-benefits  . Your ease mechanism in rural stay will allow me to reach customers. Exploit this strength.
Now I advise you to attend packaging.  There are a number of handy packaging instruments. Use those to pack me in a nice way.   Eye catching packets with quality products never avoids customers. Using family labour you can make cost-effective packaging.
In marketing management  “positioning” is given an importance. It refers to  your  friendship in the heart and mind of customers. To this point you have again  advantage. You have easy access to the customers-they are your known faces. You can freely discuss with the customers. You can module your products according to their choice. Alien entrepreneurs lag behind you in this respect. Hurry up. Take lead in Positioning. Watch how you are seen and thought about by your customers.
The last but not least is people.   People are the strength of entrepreneurs. If you want to win think of them  both inside and outside your business.  Scan the useful person around you. Remember the valued  quotes of Jim Collins “ best company got the right people on the bus and the wrong people off the bus”.
I have said the basics of entrepreneurship skill and strategy for effective marketing.  Practice those in reality.  I want to see you a successful turmeric entrepreneur.