How did Haldiram Build a 5000cr business empire? : Business case study

Download India's No.1 GST Billing and Accounting Software:
flobooks.app.l...
Video Introduction:
Haldiram is one of the most iconic brands in Indian BUSINESS History! while most are taught about the american icons like Dominos and Mcdonald's very few of us know about the world class business strategies deployed by the home grown brands of India! Haldiram is one such brand that started as a small sweet shop in Bikaner but today it has expanded its presence in more than 80 countries, employees more than 1500 people and in FY 19 alone Haldiram generated a sales revenue of 1 billion dollars! The question, while we 1000s of sweet shops every day, what exactly was special about haldiram and they were able to build a billion dollar out of it, what was exactly was their business strategy and as students of business what are the lessons that we need to learn from this iconic brand!
This is a story that dates back to 1919, when Haldiram was just 11 years! He worked at his grandfather's bhujia shop and being a marwadi he soon enough started finding ways to make money for his family! and back then Bhujia in Bikaner was an extremely commoditised product! Which means what, since there were 100s of bhujia shops in Bikaner there was hardly any difference between their products! Therefore the competition was solely based on price and not quality!
During this time, Haldiram would take up odd jobs such as chopping, cleaning the kitchen etc and gradually began to take interest in the bhujia- making process.
Check out Think School's Online courses:
1. Learn how to communicate ideas like us: communication....
2. Land your dream jobs: linkedinmaster...
3. Create a Perfect Resume in less than 90 minutes: www.thethinksc...
Study material
Bhujia Barons: The Untold Story of How Haldiram Built a 5000 Crore Empire www.amazon.in/...
Want to buy the equipment we use?
1. Our Laptop: amzn.to/3z66odv
2. Our Mic: amzn.to/3liQQyi
3. Camera Stand: amzn.to/3z8l3ov
4. Mobile holder for stand: amzn.to/3xgCF25
5. Laptop: amzn.to/3gMYXRi
Open and Demat account & start investing: zerodha.com/op...
To support our work you can donate here: www.instamojo....
Thumbnail by Check [e-mail]
#thinkschool #haldiram #haldirambhujia Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost. Fair use - This video is for educational purposes only. All materials used in this video, including images, audio, and video clips, are the property of their respective owners and are used here under the doctrine of fair use. This video is intended to provide commentary, criticism, research, and education on the subject matter. We believe this constitutes a fair use of any such copyrighted material as provided for in Section 107 of the US Copyright Law.