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Party Starter is a website/App and offline which would serve as a market place for
party supplies and an aggregator for party vendors.
source: ibef.org report on ecommerce, aranca research 2017
Source : C2 and C14 Table, India, Census of India 2001.
Competitor Analysis
Name Unique yearly Unique
Competitors recognized in the market Page views visitors
Customer
Wants Want to make things special for their friends, family, children, do not
want to engage party decorators but want instagram worthy images.
Want to make the best event possible and have people talk about it
Needs Need a good easily doable décor for all kids birthdays and small home
functions. Cannot find the supplies locally and the little amount they could find are
exorbitantly priced. Needs easily available and easy to do products which will look
great on their walls and in their photos
Fears What if the product does not reach on time? What if the product reaches damaged?
What if I cannot assemble the product
Substitutes Amazon, Flipkart, Snapdeal, Funcart
Product - Themes
Creating DIY Home packages for birthdays, baby showers, bachelorette and other small parties.
The décor kit will have a theme
The kit is readily available for the price conscious along with assistance from party starter for an additional
fee
Ready to assemble kits to be curated under Party Starter’s name with innovative DIY background with
numbering system
Product - Festivals
Creating DIY Home packages for festivals which can also be used for gifting purpose.
The décor kit will be launched in different price ranges
We are now coming up with separate gifting kits for each occasion
Special Occasions Targeted
DAY DATE HOLIDAY Date Day
Jan 01, 2019 New Years Day
Tuesday Jan 01, 2019 New Year's Day
Makar Sankranti / Pong Jan 26, 2019 Republic Day
Monday Jan 14, 2019 al Feb 14, 2019 Valentines Day
Saturday Jan 26, 2019 Republic Day Mar 8, 2019 Womens Day
Monday Mar 04, 2019 Maha Shivaratri May 12, 2019 Mothers Day
Thursday Mar 21, 2019 Holi Jun 16, 2019 Fathers Day
Saturday Apr 06, 2019 Ugadi / Gudi Padwa Sep 5, 2019 Teachers Day
Saturday Apr 13, 2019 Ram Navami Nov 14, 2019 Childrens Day
Wednesday Apr 17, 2019 Mahavir Jayanti
Friday Apr 19, 2019 Good Friday
Wednesday May 01, 2019 Labor Day
Saturday May 18, 2019 Budhha Purnima
Wednesday Jun 05, 2019 Eid-ul-Fitar
Thursday Jul 04, 2019 Rath Yatra On Order Basis and few themes
Monday Aug 12, 2019 Bakri Id / Eid ul-Adha Will be available for everyone to buy and
Thursday Aug 15, 2019 Raksha Bandhan inventory for this will be maintained
Thursday Aug 15, 2019 Independence Day
Saturday Aug 24, 2019 Janmashtami
Monday Sep 02, 2019 Vinayaka Chaturthi
Tuesday Sep 10, 2019 Muharram
Wednesday Sep 11, 2019 Onam
Mathatma Gandhi Jaya
Wednesday Oct 02, 2019 nti
Tuesday Oct 08, 2019 Dussehra / Dasara
Sunday Oct 27, 2019 Diwali / Deepavali
Sunday Nov 10, 2019 Milad un Nabi
Tuesday Nov 12, 2019 Guru Nanak's Birthday
Wednesday Dec 25, 2019 Christmas
Website
Website Stats
Product – Womens Day
China Themes
10+ themes received from china in the first week of march
Photoshoot has been scheduled for the 3rd week of march
Need to do mass customization of the backdrop which is being done manually now
Collaboration with IKTARA to develop eco-friendly products
Sales
Another restaurant launch secured - pop up stall for march 15th
Women's day sale is 15,000 INR till date
Plan for march
Finish website
Finish photoshoot and gear up for launch in various online portals
Issues Faced
- The overheads are getting higher as we have now rented out a warehouse and have one
more additional staff to do creative crafts in house. We need to tide over the initial months
till the website ecommerce is up and running
- We need to scale and looking for an alternative to setting up warehouses
- we want to standardize the backdrop design so we don't have to do it manually every time.
Looking to collaborate with either NIFT or NID on this
Help Seeked
A contact in NIFT or NID to get the work on backdrop done to
standardize it
Cash Flow Oct-Dec
Cash Flow from operating activities Amount (Rs) Amount (Rs)
Cash Receipts from:
Sales from Diwali Kits 69,900
Sales from Sankranthi Kits 35,880
Sales from Décor Kits 30,000
1,35,780
Cash Payments:
Purchases 84,000
Salaries 30,000
Marketing Spend 25,000
1,39,000
Net Cash Flow from Operating -3,220
Activities
Cash Flow Jan-Feb
Cash Flow from operating activities Amount (Rs) Amount (Rs)
Cash Receipts from:
Sales from Kits for the restaurant launch 20,000
Sales from valentines day (12) 7,200
Sales for Womens day (corporate) (100 w 20,000
omen) (corporate)
47,200
Cash Payments:
Purchases 1,00,000
Salaries 20,000
Marketing Spend 5,000
1,25,000
Net Cash Flow from Operating -77,800
Activities
Future Plan - 2019
Focus on branding and content marketing
Developing Website Infrastructure, e-commerce platform and App
Introduce multiple product categories and evolve the product range
Establish warehouses in atleast 5 other cities outside nellore
Develop brand synergies and product synergies with other companies
Onboard brands to sell on our platform
Get vendors to register on subscription basis
Focus on VR for venues
Seek investments for expansion
Mass customization
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