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VERMONT TEDDY BEAR
Presented to: Sir Sikander Khan

 Presented by:    Umair Zafir
                  Hira Razzaq
                   Samar Rahi
                     Zia Ullah
                      Zahabia
                         Saira
Introduction
 They started work in early 1981 on the East Coast of the
    United state.
   Vermont Teddy bear Principle activity is Direct
    marketing in the gift delivery service.
   After ten year they became 80th fastest growing
    company in United states.
   VTB went on the stock exchange in new York to
    finance further expansion.
    VTB began a new business segment in fiscal 2001 with
    its send AMERICA subsidiary selling handicrafts and
    food stuff made by US artisans and growers.
Business Segments
1.  The Bear Gram service:
    it involves sending personalized teddy bears directly to
    recipients for special occasions such as
    Birthdays, Anniversaries, weddings, and new babies, as well as
    holidays such as Valentine’s Day, Christmas, and Mother’s Day.
2. The Pajama Gram service:
  includes an item from a broad assortment of
  pajamas, gowns, robes and spa product delivered with free gift
  card, lavender bath tea an a ‘do not disturb’ sign, all in a keepsake
  hatbox.
3. The Tasty Gram service:
    It provides variety of regional food specialties such as NY
    Carnegie Deli Cheesecake and Gino’s Chicago Deep Dish
    Pizza.
Business Segments
 4. Calyx & Corolla:
 The company has arrangements with 17 growers most of
 which are located in Florida and California. Certain verities
 of fresh cut flowers are flown in from farms in Ecuador,
 Colombia, Thailand and Holland to the growers’ import
 warehouses in the United State.
 5. The Retail Operation Segment: it provides two retail
 locations and family tours of the teddy bear factory and
 store.
 6. The Corporate Segment: the main theme is to develop
 this segment that organization proactively develops
 opportunities in the corporate affinity market and certain
 wholesale markets.
Q:What kind of difficulties would Vermont Teddy Bear
    meet if it were to internationalize its business?


      Culture Differences:
      Pricing competition
      Financial and marketing recourses
      Brand awareness
      Hindrance in Building customer relationship
      De globalization
Q:How should the Company penetrate the foreign
markets?
  By Internet:
  as they already had great experience of their local market to
  identify their customer needs focusing on customer service
  including last minute gift delivery and personalization they
  expended their contact centre.
  In 2005 nearly 60% of the orders were received via the
  internet.
  By Physical store:
  At home country they have established two major retail
  store which contribute 4% into total revenue in 2005. They
  can penetrate into foreign market with this segment but
  with fewer one better for them.
Q: Discuss the market potential for the six operating
segments and Bear to Business program in India?


  The Bear Gram segment:
  This segment has great potential in India people love to
  celebrate Birthdays, anniversaries, weddings, and new
  babies, as well as holidays such as valentine day and
  Mother day.
  The Pajama Gram segment: Now a days India is one of
  the huge Asian market where peoples like to dressed up
  with pajama, gowns, etc. VTB has broad assortment of
  Pajamas, gowns etc.
  The Tasty Gram segment: with broader consumer market
  and strong brand name VTB also has strength to penetrate.
Q: Discuss the market potential for the six operating
segments and Bear to Business program in India?
  Calyx & Corolla:
   People of India more than family oriented and they like to give
  flowers with gifts to each other on special occasions such as on
  wedding, parties, anniversaries, valentine’s day and on Mother
  day.
  The retail Operation segment:
  Many businesses in India run by retail store it is consider to be
  better option to operate.
  The Corporate Segment:
  it is another healthy option with this segment they keep in touch
  with new trend comes in whole sale market.
THANKS

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Vtb final

  • 2. Presented to: Sir Sikander Khan Presented by: Umair Zafir Hira Razzaq Samar Rahi Zia Ullah Zahabia Saira
  • 3. Introduction  They started work in early 1981 on the East Coast of the United state.  Vermont Teddy bear Principle activity is Direct marketing in the gift delivery service.  After ten year they became 80th fastest growing company in United states.  VTB went on the stock exchange in new York to finance further expansion.  VTB began a new business segment in fiscal 2001 with its send AMERICA subsidiary selling handicrafts and food stuff made by US artisans and growers.
  • 4. Business Segments 1. The Bear Gram service: it involves sending personalized teddy bears directly to recipients for special occasions such as Birthdays, Anniversaries, weddings, and new babies, as well as holidays such as Valentine’s Day, Christmas, and Mother’s Day. 2. The Pajama Gram service: includes an item from a broad assortment of pajamas, gowns, robes and spa product delivered with free gift card, lavender bath tea an a ‘do not disturb’ sign, all in a keepsake hatbox. 3. The Tasty Gram service: It provides variety of regional food specialties such as NY Carnegie Deli Cheesecake and Gino’s Chicago Deep Dish Pizza.
  • 5. Business Segments 4. Calyx & Corolla: The company has arrangements with 17 growers most of which are located in Florida and California. Certain verities of fresh cut flowers are flown in from farms in Ecuador, Colombia, Thailand and Holland to the growers’ import warehouses in the United State. 5. The Retail Operation Segment: it provides two retail locations and family tours of the teddy bear factory and store. 6. The Corporate Segment: the main theme is to develop this segment that organization proactively develops opportunities in the corporate affinity market and certain wholesale markets.
  • 6. Q:What kind of difficulties would Vermont Teddy Bear meet if it were to internationalize its business?  Culture Differences:  Pricing competition  Financial and marketing recourses  Brand awareness  Hindrance in Building customer relationship  De globalization
  • 7. Q:How should the Company penetrate the foreign markets? By Internet: as they already had great experience of their local market to identify their customer needs focusing on customer service including last minute gift delivery and personalization they expended their contact centre. In 2005 nearly 60% of the orders were received via the internet. By Physical store: At home country they have established two major retail store which contribute 4% into total revenue in 2005. They can penetrate into foreign market with this segment but with fewer one better for them.
  • 8. Q: Discuss the market potential for the six operating segments and Bear to Business program in India? The Bear Gram segment: This segment has great potential in India people love to celebrate Birthdays, anniversaries, weddings, and new babies, as well as holidays such as valentine day and Mother day. The Pajama Gram segment: Now a days India is one of the huge Asian market where peoples like to dressed up with pajama, gowns, etc. VTB has broad assortment of Pajamas, gowns etc. The Tasty Gram segment: with broader consumer market and strong brand name VTB also has strength to penetrate.
  • 9. Q: Discuss the market potential for the six operating segments and Bear to Business program in India? Calyx & Corolla: People of India more than family oriented and they like to give flowers with gifts to each other on special occasions such as on wedding, parties, anniversaries, valentine’s day and on Mother day. The retail Operation segment: Many businesses in India run by retail store it is consider to be better option to operate. The Corporate Segment: it is another healthy option with this segment they keep in touch with new trend comes in whole sale market.