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Business Model
Based on
the fundamental principle of creating value to the end
customer by using innovative methodologies for designing
Acrylic solutions and conceptualizing client requirements to
provide customized products &items, thus sustaining ourselves
by generating profits.
Our Initial
Approach
Our initial discovery phase was focused as a conservative
approach.
The soft launch at Deccan States Expo – HICC Novotel,
Hyderabad was a carefully calibrated &calculated
approach designed to help us gain a dip-stick view of our
target audience.
Redefined
Go-2-Market Strategy
During our initial concept design &project planning phase in
2008 our strategy was formulated to align our products
&solutions to the lifestyle sector only. Acrylic
Furniture items constituted a major part of our display
products at the soft launch at Novotel Lifestyle Exhibition,
Hyderabad. The exhibition forum gave us a dip-stick
analysis of varied customers buying patterns , also gave us an
opportunity to check the pulse of our potential market/ target
audience, and a ready chance to influence their perceptions/
perspectives of Acrylic products&solutions. Based on these
learning’s from our Soft launch – we decided to redefine our
Go-2-Market Strategy according to changing industry trends
&market conditions – This was our defining moment that lead us
to the firm conviction that Classic Concepts would offer a
full suite of end -2-end Acrylic solutions encompassing
Furniture items, News Studio (Design,Erection& Fabrication)
Mementos//Gifts, Packaging Items, Rewards &Awards products,
jewelry boxes, Interior decoration items, Advertising /Display
boards, Podiums and a range of other customized products.
Pricing
Model / Revenue Generation Model: “Different
strokes for Different folks” has been our Pricing model (tantra
& mantra) to generate revenues and increase profits. |