Project Report For
The project report for Paint Shop is as follows.
During the last few years , India has seen a large rise in paint sales. Rising levels of wealth, literacy rate and urbanization have enabled the paint market to expand tremendously. In comparison, the use of enamel and emulsion paints over conventional whitewashing, growing penetration of the rural market and digitization also are pushing the paint business. The Indian paint business is estimated to grow with more than 75,000 crores in value for the duration from FY 2017-18 to FY 2022-23, due to changes in behavior, urbanization and higher education, strong paint margins.
Generally speaking, the paint industry can be categorized into the Organized Market and the Unorganized Sector. The biggest factors of the paint business are dynamic consumer needs, the development of the automotive and infrastructure industries, the introduction of numerous Indian and foreign labels and the simple accessibility of payment plans. Alongside growth factors, there are obstacles such as seasonal demand and rivalry from regional players.
Market potential & Strategy
Our customers know they ‘re having a competent customer support. Established sales representatives with expertise in painting and layout will attract more customers and make them coming back. In-store paint experts may help consumers to choose colors and to recommend accents. In terms of offering guidance with every paint sale, skilled sales staff can raise each ticket with recommendations for add-ons. Sundries such as brushes, rollers, tape and drop cloths will boost your income dramatically. Clients enjoy the time they conserve so they shouldn’t have to go back to certain important resources.
The housing sector serves a vital factor in the selling of paint shops. Relationships with nearby paint manufacturers ensure a steady flow of business as new home construction takes place. Homeowners selling their homes are purchasing paint to decorate up an apartment for sale, and new customers are coming to you both for painting and repainting items when purchasing a used property. As per the Paint and Decorating Retailers Group, used home sales and new construction were two of the biggest key drivers the selling of paint stores.
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