104

Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Embed Size (px)

DESCRIPTION

This slide deck was presented by Venkatesh , CEO Goli Vada Pav at the TiE Institute Knowledge Series session in Mumbai in July 2010. During this presentation he spoke about building a brand with limited resources as an early stage entrepreneur. [Related Video http://www.youtube.com/watch?v=UsMdP4nkdC0 ]

Citation preview

Page 1: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 2: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 3: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 4: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 5: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 6: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Paulo Coelho

You have a dream…. The dream

has come in the womb of the

universe… it is the responsibility of

the universe to fulfill the dream….

The universe conspires to help

achieve your dreams…

Page 7: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Mahatma Gandhi

You find the purpose….

The means will follow….

Page 8: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Jonathan livingston seagull

Richard Bach

Page 9: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Goli Vada Pav No 1

Page 10: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Ethnic fast food…

Finger food…

Mobile food…

Page 11: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Hum Hindustani…

… Colgate…… Gillette…… Lux…… Bata…… Ray ban sunglass…… Cross pen…… Hyundai…… Nokia…… Compaq laptop

Hindustani brand…

Page 12: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Ethnic food

• Kellogg's story…• Ethnic food opportunity…

– 100 crores population…– Target 50 crores…– 500 crores opportunity…– 5000 crores opportunity…

Page 13: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Why Vada Pav...

• Fast food…• Finger food…• No plates….. No spoons• No tables….. No chairs• Mobile food…• Potato and wheat…universal appeal…• Besan… spices… ethnic appeal

Page 14: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

International success stories…

Page 15: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Any thing between bun sells…

Page 16: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Why brand name Goli...

• Vada Pav was born ……

• The Mumbai lingo…

• The pre-fried version …

• Corporate finance story ……

Page 17: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

First store – Kalyan

• First store opened in February 2004

– Red signifies…

– White signifies…

– Green signifies…

– Goli Bhai is….

Page 18: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Our first few stores…

Page 19: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Our first few stores…

Page 20: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Our first few stores…

Page 21: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Old Kitchen – Manual…

Page 22: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Our logistics then…

Page 23: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Our challenges

• Wastages…

• Pilferages…

• Standardization…

• Price fluctuation…

• Chef based operations…

Page 24: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Our experiments…

• Ultra violet rays…

• Nitrogen gas chambers…

• Blast chill refrigeration…

Page 25: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Our solutions…. Paradigm shift

• McDonalds

• OSI INC

• Vista

Page 26: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

About OSI INC

• OSI INC and McDonalds’ Corporation are partners for supply chain for the past 40 years world-wide.

• OSI INC. was established in 1928 in food business as OTTO & Sons, and in 1955 it forged a partnership with McDonalds for food processing and supplies as an exclusive suppliers to McDonalds.

• OSI INC. has evolved into one of the largest private food processing corporation in the world.

• OSI INC. is held in high regard throughout the food service industry for its manufacturing efficiency, product innovation, dedicated customer service, and commitment to food safety.

Page 27: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Goli vada’s processes…Theccha sent to VISTAfrom Goli Kitchen

Potato Washing

Potato peeling

Potato dicing

Blanching at 100 degCelsius

Potato smashing

Potato sorting

Adding Theccha to Potato

Mixing

Dipping in Besanbatter

Patty making

Blast freezing at -18 Degree Celsius for

60 mins

Parfrying for 30 secs

Sorting

Counting

Packing in plastic Bags (22 each)

Weighing Metal Detector

Packing in cartons(12pkts each)

Weighing

Sealing

Storing at -18 degreeCelsius in cold room

Besan purchasing

Storing

Mixing with water andSoda as per recipe

Besan batter ready

Goli Kitchen (Cold room)

In R

efer

van

Goli StoresIn Refer van

Page 28: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Vada’s made in a fully… automatic plant

Every vada passing thru a metal detector and screened

Page 29: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Tracking vada’s

Batch No:Mfg Date:Exp Date:

Page 30: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Frozen logistics…

Page 31: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Innovations at store…

Page 32: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Frying made simpler….

Page 33: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

The Difference…

Page 34: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Ready for scale up…. But,Nobody…. knew us

…Vada pav is as powerful a name as

Amitabh bacchan……

So the press covered us…..

Page 35: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 36: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 37: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 38: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 39: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 40: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 41: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 42: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 43: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

The story unfolds…..

• Fund raising…

• Many suitors….. difficult to pick and choose

• Few prime stores

Page 44: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Prime stores

Page 45: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Prime stores

Page 46: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Landmark Store

Page 47: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

• Super fast expansion… 300 stores in 3 months

• Real estate economics….. Major stumbling block

New Challenges…

Page 48: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Our solutions….. 300 Aarey booths

Page 49: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Our solutions….. 300 Aarey booths

Page 50: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Our solutions….. 300 Aarey booths

Page 51: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Our solutions….. 300 Aarey booths

Page 52: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 53: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 54: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 55: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Financial Tsunami

• Lehman brothers…

• Satyam…

• Subhiksha…

Page 56: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Goli shifts to tier II cities…. 75 stores in 18 months

• Nashik• Aurangabad• Jalna• Nanded• Dhulia• Jalgaon• Ahmednagar• Latur • Beed• Jalna• Parbhani• Nagpur

Page 57: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Goli shifts to tier II cities

Page 58: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Goli shifts to tier II cities

Page 59: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Goli shifts to tier II cities

Page 60: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Goli shifts to tier II cities

Page 61: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Goli shifts to tier II cities

Page 62: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Goli shifts to tier II cities

Page 63: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Now…. Goli going south…

• Bangalore

• Chennai

• Hyderabad

Page 64: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Bangalore -- Koramangala

Page 65: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Bangalore – Jayanagar (under construction)

Page 66: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Brand

•Product

•Packaging

•Perception

Page 67: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Our Products

Page 68: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Goli Vada Pav

Page 69: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Goli Cheese and schezwan options

Page 70: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Goli Mix Veg Vada Pav

Page 71: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Goli Tikki Vada Pav

Page 72: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Goli Palak Makkai Vada Pav

Page 73: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Goli Sabudana Vada’s

Page 74: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Goli Bhajji’s

Page 75: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Business is all about …….

• Machinery….

• Material…

• Manpower…

• Methods…

• Marketing…

MONEY

Page 76: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Brand…. Goli

• Youth…

• Time pass…

• Masti…

• Mumbai…

• Bollywood…

Page 77: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Engaging our customer then…

• Goli Ganpati….

• Goli Music @ stores….

• Goli Music on Auto’s & Ganpati Mandals…

• Goli Rocks…

Page 78: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Engaging our customers now….

• www.vadapavmumurings.wordpress.com

• www.facebook.com/golivadapav

• www.twitter.com/golivadapav

Page 80: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Vada pav talks -- Bangalore

Page 81: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Vada pav talks -- Food Forum

Page 82: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Vada Pav talks… Mumbai

Page 84: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 85: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 86: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 87: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Mumbai meri jaan…

Page 88: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 89: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 90: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 91: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 92: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 93: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 94: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 95: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 96: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 97: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 98: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 99: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 100: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 101: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 102: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 103: Case Study on Early Stage branding: Goli vada Pav by Venkatesh
Page 104: Case Study on Early Stage branding: Goli vada Pav by Venkatesh

Vada pav… chai… Mumbai…