Summary of "'Miss Cheesecake' का Magic, जिसने सबको कर दिया Crazy! | Shark Tank India S4 | Full Pitch"
The video presents the pitch of "Miss Cheese Cake," a business founded by Pooja Bala and Narpat Singh Rathore. They offer light, affordable, and delicious cheesecakes, primarily targeting the Jodhpur market, where they found a lack of awareness and availability of this dessert. Here are the main financial strategies, market analyses, and business trends discussed:
Main Financial Strategies and Business Trends:
- Product Development: The founders focused on creating a cheesecake that is light and affordable, using homemade cream cheese without preservatives to reduce costs.
- Market Entry: They identified a gap in the Jodhpur market for cheesecakes and aimed to introduce this dessert to the local population.
- Social Media Marketing: They leveraged social media effectively, gaining 100,000 followers within 20 days of launching their business, which contributed to their rapid growth.
- Sales Performance: In just four months, they sold over 25,000 cheesecakes, indicating strong market demand.
- Expansion Plans: They expressed a desire to expand their business across India, with plans to open a central kitchen to standardize production and streamline operations.
- Franchise Interest: They received inquiries for franchises, highlighting the potential for growth and market interest in their brand.
Methodology for Scaling:
- Central Kitchen Model: Plan to establish a central kitchen to supply multiple smaller outlets, ensuring consistency in product quality.
- Chef-less Model: They designed their processes to be simple enough for any employee to learn within 10-15 days, facilitating easier scalability.
- Revenue Strategy: They aim to generate significant revenue by expanding their presence and standardizing operations across different locations.
Presenters:
- Pooja Bala (Miss Cheese Cake)
- Narpat Singh Rathore (Miss Cheese Cake)
- Various Sharks from Shark Tank India, including Kunal, Anupam, and Ritesh, who provided feedback and investment offers.
Category
Business and Finance