TheRodinhoods

SHALL WE DIVERSIFY ?

Hi All,

For those who know us, me, I am the same cakeman who started CAKEHUNT.COM few months back and sought your feedbacks. With a great support from this community, we have started it and got a good response from the outer world. 

We are helping people buy cakes from their favorite cake shop and get it home delivered and enjoying it. We are feeling that, something is missing and want to fulfill that gap. 

What if, we give an option to customers to gift a photo printed mug at as low as Rs 70-80 to customer along with cake ? The minimum cost of it in market is Rs 150/-. 

I have inquired with few vendors and the machine cost is Rs 20k (max), along with consumables. It is a simple mug printing machine. If we go for all in one machine, it can help us print mug, T-shirt, tiles, caps, ceramic plates etc. The cost of an all in one machine is around Rs 40k. 

I am bit confused,

1. Whether we should diversify or not ? 

2. If i get the mugs printed from outside, it will cost us min Rs 150 (Rs 100 if the quantity is 100). If I buy machine it will save Rs 90 or min Rs 45. Also we can use this machine to do job work for other customers and corporate other than cakehunt.com

3. If we invest, Rs 20K to Rs 30K more a new business can be created.

Investment is not an issue… Manpower to handle this work is also not an issue. Seek you genuine feedback and suggestions on it..To know more about us and how we started check this post 

And if the our idea of cakehunt.com interest you, visit our facebook page here

Thanks a lot for reading this post and you time… Ashish S Parik, 8905 365 24 7

(Image : www.therenegadewriter.com)