Académique Documents
Professionnel Documents
Culture Documents
Submitted to:
Mashruha Zabeen
Department of Business Administration
East West University
Submitted by:
Name:
i.
ii.
iii.
iv.
v.
ID:
2011-2-13-024
2011-1-10-378
2011-2-14-063
2011-2-10-058
2011-1-13-012
Mashruha Zabeen
Department of
East west university
Dhaka
Dear Madam,
We have the privilege to present our group study work set by your permission and guidance. We are
obliged to you for giving us such an opportunity to make a study on the topic named Flower shop in
Bangladesh.
We are thankful to you for giving us the challenging opportunity .This will help us to prove our
capability. This opportunity has also allowed us to have more knowledge about this study.
Finally, we seek your favorable consideration as for permitting us to submit this report and
present it before you.
Youre sincerely,
Md. Nazimuddaula Niloy
...........................
(On behalf of the group)
Acknowledgement
The study is the outcome of a project work undertaken by the course Principal of Marketing by
Mashruha Zabeen , Department of Business Administration EAST WEST UNIVERSITY. Summer
2012 semesters student to experience and gather knowledge on Flower Business.
We are grateful to them who have spontaneously assisted us in conducting the study. Specially
we are thankful to our honorable teacher Mashruha Zabeen who helped us in every step, of
starting and completing our report promptly.
We are gratified to all those people who helped us to complete this report directly or indirectly.
We are also gratified to the owner of two shops. We also pay our indebtedness to those
websites that helped us by providing fruitful information without these help support and
cooperation we would not be able to complete our study successfully.
Table of Content
SL. No.
01
Subject
Page no.
Main Body
History of Flower Business in Bangladesh:
Humans are always attracted to beautiful things. By the change of time and technology, human
attraction shifts from items to items. But the beautiful things are constant. When we are talking
about beauty and attraction first thing comes in our mind is Flower. Its a question to all, when
exactly the business of flower started. In Bangladesh perspective there is no exact history of
flower business. It seems it just started simply with human needs and wants.
With time and changing of taste human used to use flower in their occasion of marriage, birth,
death and wedding anniversaries or in fact, on big or small occasions, flowers are replacing
other items as gift, which was not in practice even a decade back. People in the past used to
take sweets packet or other items as gift. But now days the trend is changing. Many people are
taking flower baskets instead of sweets to their relatives or friends' house. As to say, day by day
the demand of flower is rising. So, some people around the country started to cultivate flowers.
Based on that, some people started flower shops in different places around the country. Day by
day the variety and color changed with research and also started the export and import job.
And that is how the business of flower started in Bangladesh.
Introduction:
Flower shops are spread around the country. There is no exact number how many of them are.
According to our survey the largest flower market in Dhaka is Savar Flower Market. That is a
whole sell market, where farmers from around the country comes with their flower and sell
them according to the rules of their Flower Co Operative Society. There is also a flower market
at Shabagh. Shabagh market is a retailer market. There are so many shops there. According to
our given assignment we choose two flower shops from there.
1) Fultola Flower Shop
2) Bismillah Flower Shop
Organization Profile:
Marketing Strategy:
Segmentation and Targeting:
All classes of people buys flower. Fultola Flower Shop targets the buyers who buy huge or large
numbers of flower. Their major targets are Occasion, Seminar, Party, Marriage Ceremony,
Birthday, Official decoration, wedding anniversaries, Death, Special days, Political issues and so
on. Their maximum profit comes from those sectors. Still they sell single flowers to the
customers.
Occasional use
Seminar decoration
Political use
Official use
Daily home decoration
Interested people
13 to 19
20 to 30
31 to 40
41 to 50
Differentiation: Fultola is different than its competitors. When we are talking about a huge
order one thing comes in our mind and that is reliability. Fultala has their own decorated shop
with a set of workers. They have different facilities for their customers. Such as:
1. Good quality product
2. Affordability
3. Variety of choice
4. Custom design for customers
5. Reliable service
6. Order on phone or E-mail
7. Own decoration and designer
8. Also provide photographer for any occasion
9. 24/7 service
10. Image
Differentiation by Product: Fultola Flower Shop provides good quality product compare to
their competitors. They have variety of flower and flower related services.
Differentiation by Price: They provide their flowers at an affordable price. They always try to
keep the price much low as possible compare to their competitors.
Differentiation by Service: Fultola Flower Shop provides variety of flower as well as they
provide custom designed flower decoration for their customers. They also provide workers to
decorate any car, bus, seminar, party, weeding and so on. They also provide photographer for
the party.
Differentiation by People: They have experienced staff, designer, and labor as well as delivery
man.
Differentiation by Image: Fultola Flower Shop is a renowned flower shop in Dhaka. They are
serving the people since 2001. Goodwill is their asset.
Positioning: Fultola flower shop always provides good quality product with good services.
They always try to serve the customer with higher benefit and charge higher price to cover their
higher costs. Sometimes they try to serve the customer higher benefit but they charge low
price. Compare to the other flower shop in the area Fultola flower shop have the goodwill of
best product service. That is why they have a place in the minds of the customers.
Product: Product means goods and services combination the company offers to the target
market.
Variety of Product: Fultola flower shop provides 12 to 15 different types of flower. Home
delivery service, decoration service and labor service.
1. Rose
2. Gladiolus
3. Durberra
4. Orchid
5. China Lily
6. China Belly
7. Mam
8. Hanthurium
9. Stoma
10. Rajonigondha
11. Gada
12. Kaat belli
13. Callifon
14. Flower ornaments
15. Different show pieces made by flowers.
Packaging: There is actually no packaging system in flower business. But for the customers
benefit and ease of carry they use raping paper, basket, different color ribbon, mud and some
other items.
Pic: Packaging
Logo: Fultola flower shop is one of the largest stores in Shabagh area. But they do not have
any special logo or sign for their business. Their mane is their only identity in the business.
Slogan: Fultola flower shop does not have any slogan. Actually their aim is to maximize their
profit. So they dont have any slogan.
Price: The amount of money customers must pay to obtain the product. Fultola calculates
suggested retail prices. When they select price they follow a strategy. At first they select the
cost of the product and add additional service charge and add profit and then they charge price.
Fultola charge minimum price for Rose 5.00 taka piece. Maximum price for Lily 300 taka piece.
Price is high in the winter season. During the winter season the demand of flower is high.
Flower Name
Price
01
Rose
3-5 taka
02
Gladiolus
7-50 taka
03
Orchid
50-250 taka
04
China Lily
270-300 taka
05
China Belly
250-300 taka
06
Mam
07
Durberra
08
Stoma
09
Rajnigandha
10
Marrygold
11
Alamenda
12
10-50 taka
Place: Includes company activities that make the products available to target customers.
Fultola flower shop collects the flower from different places around the country as well as
import from different countries. In Bangladesh they collect flowers from Jessor, Narayangang,
Savar, Tangail and other places, Import from China, India, Thailand and Malaysia. They also
collect flower from their own garden. In Jessor, Narayangang, Savar and Tangail they collect
rose, merrygold, rajanigondha, belly, orchids, and the common flowers of our country. From
China, India, Thailand and Malaysia they collect chaina belly, chaina lily, mam, Durberra,
Gladiolus, different orchids etc.
Profit: As a leading flower shop in Shahbagh area Fultola flower shops monthly profit is
around 1,00,000 taka. They have two outlets in shahbagh named Rajanigondha flower shop.
Transportation: Fultola flower shop has their transport service. The farmers provide the
transportation to the flower shops. Sometimes they use public transportation to transport their
flower to the customers in time.
Flower Preservation: Actually flowers cant preserve for long time. The flowers those are not
sold they store them to their store house. Some flowers those are very rare and expensive they
keep those flowers in cold place. Maximum flowers rotten for our weather, but in the winter
season maximum flower stayed for a long time, only a 10% flower rotten.
Order System: Customer can order for the flowers for any occasion, party, seminar, death,
official decoration, and home decoration by phone, e-mail or by own. Fultola flower shop has
their transportation system, workers, designers, and labors. They can decorate or serve you
according to your need.
Promotion: Promotion means activities that communicate the merits of the product and
persuade target consumers to buy it. Fultola flower shop promotes them to event management
organizations, decorators, catering services, sound system services by giving their visiting card.
Advertising: Fultola flower shop does not have any type of promotional activities. Their main
promotion is their good service and unique design with photographer service. Sometimes they
use to visit their client occasions and they try to solve their existing problems.
Discount: Usually Fultola flower shop does not give any discount. Because flowers are very
sensitive and they always try to keep the flower fresh all the time. So they dont like to give
them for free. But sometimes when customers buy a lot of flowers they give some discount in
cash. They give discount in stage decoration, marriage decoration and long term official or
political occasion.
Marketing Strategy:
Segmentation and Targeting:
Bismillah flower shops main customers are the people who buyer a small lot of flower. This
shop is beside the road of Dhaka University. So their major customers are the students who buy
flowers for their beloved one. They sell single flower and small size buckets. They make a
remarkable profit by selling this type of flowers. Their sold items might be very small but they
charge a lot for that. Their business runs best in the occasion like 14 th February, 21st February,
16th December as to say the red marked days on the calendar. They really dont know about
segmentation or this kind of things. So we asked them for information and get this kind of
information.
Occasional use
Seminar decoration
Political use
Official use
Daily home decoration
Interested people
13 to 19
20 to 30
31 to 40
41 to 50
Differentiation: Bismillah flower shop is different than other flower shops. They sell a small
amount of flower and they are available in the place where customers gather. They know here
customers are only gather only for travel and gossip with friends and loved one. So their target
customer easily come by them and buys flowers. Their service is like bellow.
1.
2.
3.
4.
Differentiation by Product: Bismillah Flower Shop provides good quality product compare to
their competitors. They have variety of flower.
Differentiation by Price: They provide their flowers at an affordable price. They always try to
keep the price much low as possible compare to their competitors.
Positioning: Bismillah flower shop always provides good quality product. They always try to
serve the customer with higher benefit and charge higher price to cover their higher costs.
Sometimes they serve the customer high benefit but they charge low price. Compare to the
other flower shop in the area Bismillah flower shop have the good relationship with customers.
That is why they have a place in the minds of the customers.
Variety of Product: Bismillah flower shop provides 6-10 different types of flower.
1. Rose
2. Gladiolus
3. China Belly
4. Rajonigondha
5. Gada
6. Kaat belli
7. Alamenda
8. Orchid
9. Lily
10. Some local flowers.
Packaging: There is actually no packaging system in flower business. But for the customers
benefit and ease of carry they use raping paper, basket, different color ribbon, mud and some
other items.
Pic: Packaging
Logo: Bismillah flower shop is a small store in Dhaka University area. They do not have any
special logo or sign for their business. Their mane is their only identity in the business.
Slogan: Bismillah flower shop does not have any slogan. Actually their aim is to survive in this
town anyhow. So they dont have any slogan.
Price: Bismillah flower shop charge high amount for their product. Because their item is small
in amount and they dont have any place to store flowers. So they have to sell any how their
products in a day.
Flower Name
Price
01
Rose
5-30 taka
02
Gladiolus
7-50 taka
03
China Belly
10-50 taka
04
Rajonigondha
10-50 taka
05
Gada
5-30 taka
06
Kaat belli
10-50 taka
07
Alamenda
5-50 taka
08
Orchid
20-60 taka
09
5-60 taka
Place: Bismillah flower shop collects the flower from different places around the Shabhag area.
They also buy from their welfare society.
Advertising: Bismillah flower shop does not have any type of promotional activities.
Discount: Bismillah flower shop doesnt give any discount.
1. Size
Large
Small
2. Investment
3. Profit
4. Product Variety
15 types
7 types
5. Service
sale
6. Motivation
Profit maximization
7. Staff
8. Own Shop
2 own outlets
Only one
9. Customer
10. Advertisement
No advertisement
11. Reliability
Reliable
Not reliable
About 20 years
Only 6 years