Value Addition Model

 

By implementing following model, the performance of Handicraft Industry can be improved and the greater Value addition can be done:

1. Identify the Potential Market
2. Making Effective Business Plan and Refinement in existing business
3. Test Marketing to test the initial potential of new products in market
4. Effective Operational and Technological Upgradation
5. Hiring skilled manpower, provide training and awareness about latest technology and market trends and effective management.
6. Hiring skilled manpower, provide training and awareness about latest technology and market trends.
7. Cost Effective Production, Maintain Quality Standards, and Packaging.
8. Set the Costing and Pricing with Quality taken to be consideration
9. Cost Effective Distribution Development using both Physical and Electronic Distribution Channels (Internet, e-Commerce)
10. Both National and International Market Development for better Export and Foreign Revenue.


Handicrafts Trade
Trivia
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