Assignment Report for Foam Party in Gazipur City
Introduction:
Food, clothing, and accommodation in the main things of human beings. Accommodation is a vital element of human life. Foam and mattresses are directly or indirectly involved with the accommodation system. The use of Foam in every sphere of life. In the house, in the office, in garments and textiles, in various types of factories, in furniture factories, in hospital, in a restaurant, in a residential hotel, in transport, in Aeroplan, in-stadium, in the museum, in a cinema hall, in school, college, and university, in shoe factories, and the electric product must be used in Foam items. So, foam is an essential item for human life. Foam production from a polyol, TDI. Foam normally has two types of sizes: Set Foam – 22Ï22Ï4inch.-5 Pcs and 22Ï18Ï3inch.-5Pcs, Size Foam. Karmo Foam is the largest Foam manufacturer in Bangladesh. Karmo Foam has taken initial steps for vertical Foam production. Recently Apex Foam company has been manufacturing MEMORY Foam for 1st time in Bangladesh. Besides, Swan, Akhtar, and Bengal Foam is a Branded company in Bangladesh. The mattress makes it comfortable in human life. A mattress is usually used in a house, residential area, hospital residence hotel, etc. Mattress production form P.Foam, Felt, Rebond, Coir, Spring, Fabrics, Nylon, Poly, Gum etc. Mattress standard size 78Ï36Ï8 inches. Mattress usually various types: Spring Mattresses, Coir Mattresses, Orthopedic Mattress. Euro Asia Mattress Company is the largest mattress manufacturer in Bangladesh. Euro Asia manufactures various types of luxurious mattresses and they also export in the abroad market. Besides, Apex, Akhter, Karmo, Swan, and Bengal have branded mattress companies in Bangladesh. Pillow and Cushion’s market is good due to short capital investment. Therefore, Apex Group has taken the initiative to manufacture a new design pillow and Cushion.
Foam Image:
Strength:
- Available Market
- Require Capital
- Durable Product
- Limited Space
Weakness:
- Competition Market
- Chemical rate changeable
- Credit market
Mattress Image:
Strength:
- Easy sales
- Short Capital
- More Profitable
Weakness:
- Credit market
- Manufacturer quantity more
- Rate competition
Pillow & Cushion Image:
Strength:
- Poor capital
- Easily supply
- Limited manpower
Weakness:
- Rate bargain
- Dishonest party
- Regular collection
Party Profiles:
- Islam Traders, Tongi Bazar, Tongi:
Profile: Islam Traders is an old foam Businessman in the Tongi Area. He has run a Foam business for over 20 years above. Maximum Bangladeshi Foam company knows Islam Traders. He did business with Akhtar Foam from 2011 to 2017. But suddenly he has stopped business with Akhter Foam due to transaction imbalance. Islam Traders regularly sell All kinds of size Foam, Set Foam, tola, and Bakla. He has also sold Mattress Islam Traders Monthly average. Foam Sales 5,50,000-6,00,000. But his present situation is not so good.
Foam Sales:
- Swan Foam
- Doel Foam (Regular Seller)
- Zimix Foam (Credit Facility)
| Foam Name | Sales Figure (Monthly) |
| Swan Foam | 1,50,000 |
| Doel Foam | 2,20,000 |
| Zemex Foam | 20,000-30,000 |
| Tola-Bakla | 1,80,000-2,00,000 |
Mattress Sales:
- Partex Mattress
Pillow & Cushion Sales: Not Sales Pillow & Cushion
Note: If possible, solve the transaction problem and regularly supply Tola & Bakla, then possibly do good business with Islam Traders.
- Bikrampur Foam & Parda House, Anarkoli Road, Tongi Bazar:
Profile: Bikrampur Foam & parda House is a regular part of Akhter Foam & Mattress. Bikrampur has good business with Akhter Group in 2017. However, the communication gap and supply shortage to her order demand are due to not possible good business compared to previous. Bikrampur has regular sales of iron Foam, Size Foam, Set Foam, Mattress, Pillow & cushion. His monthly Average Foam Sales are 3,50,000.
Foam Sales:
- Swan Foam (for Customer Demand)
- Akhtar Foam
- Korea Foam (Credit Facility)
- Expo Foam (Credit Facility)
| Foam Name | Sales Figure (Monthly) |
| Swan Foam | 1,50,000-1,80,000 |
| Akhtar Foam | 70,000-80,000 |
| Korea Foam | 30,000-50,000 |
| Expo Foam | 30,000-50,000 |
Mattress Sales:
- Euro Asia Mattress
- Akhter Mattress
- Euro Best Mattress (Credit Facility)
| Mattress Name | Sales Quantity (Pcs/Month) |
| Euro Asia Mattress | 10-15 Pcs |
| Akhter Mattress | 5-7 pcs |
| Euro Best Mattress | 8-10 Pcs |
Pillow & Cushion: Bikrampur sales pillow & Cushion as her advantages
Note: If possible good relation reply and smooth delivery as her order demand, then possible business likes previous period
- Tongi Foam & Bedding Store, Anarkoli Road, Tongi Bazar:
Profile: Tongi Foam & Bedding store is an established party in Tongi Bazar. His sales capacity is good for another party. Tongi Foam regular sales All kinds of fabrics, set foam, size foam(According to customers’ order), mattress pillow & cushion. He operates his business mainly Da-co Foam & Mattress. His monthly average foam sales are 3,30,000 – 3,70,000Tk
Foam Sales:
- Da-co Foam
- Bengal Foam(Companies request)
- Karmo Foam
- Swan Foam
Mattress Sales:
- Euro Asia Mattress
- Medical Mattress (Credit Facility)
- Da-co Mattress
| Mattress Name | Sales Quantity (Pcs/Month) |
| Euro Asia Mattress | 12-15 Pcs |
| Medicoil Mattress | 12-15Pcs |
| Da-co Mattress | 8-10 Pcs |
Pillow & Cushion: Tongi Foam sales pillow & Cushion to Credit Facilities.
- Gazipur Foam & Bedding store, Anarkolli Road, Tongi Bazar:
Profile: Gazipur Foam & Bedding store is a Familiar party in Tongi Bazar. He emphasizes on fabrics business. Besides, the regular sales set Foam, mattress, pillow & Cushion. He runs his business his way. His average monthly foam sales are 2,00,00 to 2,20,000 TK
Foam Sales:
- Karmo Foam
- Swan Foam (only Set Foam)
- Navan Foam(Low price)
- Bengal Foam(As her needs)
Mattress sales:
- Euro Asia Mattress
- Smart Mattress(Credit Facility)
Pillow & Cushion sales: Only pillow sales
Note: if possible build a good relationship with Gazipur Foam & Bedding store, then possibly do business with her.
- Chandpur Foam & Parda Gallery, Anarkoli Road, Tongi Bazar:
Profile: Chandpur Foam & parda Gallery is a large party for the Tongi area. He has operated his business with Karmo Foam for over 8 years above. Gazipur Foam & Tongi Foam Including Chandpur Foam are three brothers. He is a good & valuable party to Karmo Foam. His commitment and payment system is very good. For that, Karma Foam supports credit facility and all other facilities including the product order demand of Chandpur Foam. Chandpur Foam Sells Fabrics, All kinds of size foam, set foam, and mattresses. Chandpur Foam’s average monthly foam sales are 4,50,000 to 5,00,000 And mattress sales are 1,50,000 to 2,00,000.
Foam sales:
- Karmo Foam
- Swan Foam (for Customer Demand)
| Foam Name | Sales Figure (Monthly) |
| Karmo Foam | 2,80,000-3,20,000 |
| Swan Foam | 1,00,000-1,20,000 |
Mattress Sales:
- Euro Asia Mattress
- Karmo Mattress
- Dragon Mattress
Pillow & Cushion: Pillow & Cushion Sales is not available.
- Sarkar Parda Gallery, Anarkoli Road, Tongi Bazar:
Profile: Sarkar Parda Gallery operates his business completely separate from other parties in Tongi Bazar. Sarkar Parda is a good party for Apex Foam and Mattress Sarkar Parda likes Apex Foam’s policy, commitment, and other issues. For that, he wants to run his business with Apex Foam and Mattress. For this same reason, Apex Foam and Mattress do not change Sarkar Parda Gallery. Sakar Parda Gallery sales set foam and mattress.
Foam sales:
- Apex Foam
- Swan Foam (for customer demand)
- Gazi Foam (Low price)
Mattress sales:
- Euro Asia Mattress(Customer Demand)
- Apex Mattress
- Classy Mattress(Credit Facility)
Pillow & Cushion Sales: Sarkar Parda Gallery Regular sales Apex Pillow and Cushion.
- Mayer Doya Parda & Foam Bitan, Board Bazar:
Profile: Mayer Doya Parda owner Md. Hannan Sarkar. He is a very committed person and his payment system is accurate. He is also a kind-hearted man. Mayar Doya Parda is a well-decorated shop. Mayer Doya Sales Fabrics, Home tex, Set Foam, size Foam, Iron Foam, Mattress and Cushion. He regular Business Gazi Foam and Swan Foam and Mattress. His selling capacity is very good. The customer believes him very much.
Foam Sales:
- Gazi Foam(From Business Start)
- Swan Foam(For Iron Foam)
- Apollo Foam
Mattress sales:
- Euro Asia Mattress
- Euro Best Mattress(Good relation with Marketing officer)
- Doel Mattress(Credit Facility)
Pillow & Cushion sales: Mayer Doya Parda sales pillow & Cushion locally made.
Note: To create good relations with Mayer Doya Parda and then try to do good business with him.
- Islam Bedding, Shib Bari, Joydebpur:
Profile: Islam Bedding is a renewed party for Joydebpur Foam business. Islam Bedding has run his business for over 20 years. Islam Bedding started a business with Karmo Foam and Tills now continues business with Karmo Foam. He likes it very much Karmo Foam. Therefore, Islam Bedding has good support for Akhter Foam and mattresses in 2017. He sold Akhter Foam for about 27,00,000 in 2017 and Karmo Foam sales 20,00,000. However, he did not have good support from Akhtar Foam in 2008 for his order demands. For that, he drives again Karmo Foam. Therefore, he has been doing business with Akhtar Foam till now. Islam Bedding monthly average foam sales of 5,00,000.
Foam Sales:
- Karmo Foam
- Akhter Foam
- Gazi Foam (Low Price)
- Apex Foam
| Foam Name | Sales Figure (Monthly) |
| Karmo Foam | 2,20,000-2,50,000 |
| Akhtar Foam | 1,20,000-1,50,000 |
| Gazi Foam | 70,000-1,00,000 |
| Apex Foam | 20,000-30,000 |
Mattress Sales:
- Euro Asia Mattress (for Good Quality)
- Akhter Mattress
- Apex Mattress
- Doel Mattress(Low Price)
Pillow & Cushion sales: Islam Bedding is not available for sales of pillow & Cushions.
Note: If good support for Islam Bedding then better business will be held.
- Showkhin Banizza Bitan, Shib Bari, Joydebpur:
Profile: Showkhin is a well-known party for the Foam business in Joydebpur. The maximum company has known to him. Show him is a partner of Dhaka Foam & Mattress. For that, Showkin confidently sells Dhaka Foam. Besides he also business Da-co Foam. Shows monthly average foam sales of 3,50,000-4,00,000.
Foam Sales:
- Dhaka Foam
- Da-co Foam
Mattress Sales:
- Dhaka Mattress
- Da-co Mattress
- Euro Best Mattress (Credit Facility)
- HB Mattress (Credit Facility)
Pillow & Cushion sales: Showkin sales available Dragon Pillow and Cushion.
- Jewel Bedding, Konabari Main Road:
Profile: Jewel Bedding is a good party for the Konabari area. Jewel Bedding owner is a very gentle and polite person. His commitment is very excellent. Jewel Bedding sells cloth, carpet, fabrics, foam, mattresses, Pillow, and Cushion. Jewel Bedding has been selling National Foam since 2014 and till now continues. His average monthly foam sales are 50,000-70,000.
Foam Sales:
- National Foam
- Swan Foam (Iron Foam)
- Karmo Foam
- Akhter Foam
- Comfy Foam
Mattress Sales:
- Euro Asia Mattress
- Akhter Mattress
- Euro Best Mattress (Credit Facility)
Pillow and Cushion sales: Jewel Bedding sells Pillow and Cushion to her advantage.
Note: If build a good relationship with Jewel Bedding then possibly more business from Jewel Bedding.
Summary: Foam and Mattress market is potential in Bangladesh. In the above discussion of foam and mattresses, the market is large in Gazipur city. Tongi Bazar area Joydebpur area has very potential for foam and mattress sales. We know Gazipur city is the largest city in Bangladesh. A lot of Garments, textiles, and other factories are situated here. Garments and textiles are used in iron foam, and other factories are used in size foam. So, Akhtar Foam if available supply iron foam and size foam then possible good business from Gazipur city. A lot of limited-income persons and women live in Gazipur City. They want to buy a low-priced mattress. So, Akhter has compared low-priced mattresses then increase mattress sales.
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