NLDIMSR students win at IIM Ranchi
Team Stooges (Chitresh Jhawar, Pranay Bhandari, Burhanuddin Ratlamwala)- Winners at IIM Ranchi’s fest Agon in the event Agora-The Market Place on Sept. 4, 2016.
The final round comprised of 6 teams from NMIMS Mumbai, IMT Ghaziabad, IIM Ranchi etc.
The task was to invest Rs 1000 and sell a product/service in a stall they had provided to us. While the other teams sold mocktails, bhel, posters, we decided to sell chocolate paan. We had to learn how to make paan for this event and we bought all the required ingredients. The selling included a lot of marketing activities that we had to do for the promotion and creation of our brand. We had posters, pamphlets, jingles, coupons etc. ready for it.
The team with the highest revenue was declared the winner. We managed to make 3500 from our investment in a span of 3 hours with this idea that stood out.