Calcutta, May 24: Small is beautiful, but to remain beautiful one has to be innovative and in turn one has to be enterprising. That is what it takes to pick up the best distributor award from Sintex Industries Ltd for two successive years since 1997-98, says promoter Deepak Himmatramka of Calcutta-based Raunaq Enterprises Ltd.Raunaq, which was primarily marketing Sintex water tanks, has diversified into marketing of plastic sections and furniture. Chairman and managing director Himmatramka acknowledges the key to his success is the new mantra-transforming `byapaar' or business into `byavaar' or relationships. He says that in order to survive the cut-throat competition there is need to create awareness especially for new products like plastic sections and furniture.
Himmatramka maintains that for him relationships are more important than mere transactions, which is why, his company's turnover has grown steadily to Rs 5 crore in the last 10 years and is expected to exceed Rs 10 crore in the current fiscal 2000-01. In fact, a statement issued by the company iterates Himmatramka's mantra that "Business is a relationship and the prime objective of the Raunaq team is to provide best service and satisfaction to valued customers". In fact, the team had to join a service improvement programme, so as to fine-tune itself with the new mantra of prioritising `byavaar' for `byapaar'.
Developing the product and customer satisfaction is of prime importance at Raunaq. It has been accorded highest priority since the product is new to the market and the market is still unaware of furniture, panelling and sections of plastic make. A major exercise is educating the customer, says Himmatramka. With support from Sintex, the company has been holding several promotional exercises like
holding exhibitions, seminars and trade-fairs to spread the awareness of plastic as a concept for furniture and sections;
holding meet for plumbers and carpenters;
organising workshops for the city-based interior designing schools; and
organising festival dhamakas with lucky draws and gift coupons.In addition to the various avenues being explored to push the awareness for plastic furniture, the pricing is based on the concept of bulk sale with low profit margins but higher profitability on turnover.
The company is expanding the number of showrooms in the city and is also planning a workshop-cum-godown in south Calcutta.
Copyright © 2000 Indian Express Newspapers (Bombay) Ltd.