Innovation and Entrepreneurship – India’s Best Ice Candy Googled, Gogola India

October 13th, 2009 § 4 comments § permalink

I landed back from Mumbai just yesterday and surely it was great LIVE Blogging the biggest Leadership event ever in India. Out of my many experiences in the financial capital of India and the city of dreams. Bollywood stars and the rest, I found this very amazing example of simple yet striking innovation by an entrepreneur.

This is what I found:

Gogola India - paritosh sharma

What you see in the picture above, no its not a Google van! Its the freshest and the best Gola (ice candy) made of fresh mineral water and fruit juices called Gogola India.

I bumped across this van while I was going for a meeting on the Hill street near the Globus mall in Mumbai and just for the fun of it and to interact with the van guys, I did buy two Golas from the van. The van looked pretty okay (a second hand maruti van) with all the electrical machines inside to make a good gola in seconds.

Interestingly, the menu is like an IE page, which gives you all the options of the various flavors available :) simple, yet unique!

The Revenue figures of a single van which stands since 12pm till late in the night and keeps rotating in between two streets in Mumbai are:

  • Daily sale (golas): 300 (in good times) 150-200 (in normal business days)
  • Price per gola : INR 30
  • Positioning of van is changed on weekdays and weekends
  • There are more than 10 vans in the city, doing the rounds

My Feedback and Comments as an Incubation Consultant:

  • Good to see that the logo has been duly trade-marked (good asset)
  • Good revenue model (taking in consideration, all operational costs, costs of building the supply chain, maintenance of vehicle etc.)
  • Simple and effective!

The Gola I had, was pretty good and was surely packed in a healthy manner, with properly kept juice/ color bottles.

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I very strongly feel, the kind of Innovation we have in India, is amazing! Its simplistically brilliant and a concept which can surely become into an auto-generating proposition, and once your brand is recognizable, and you have a size, you can diversify.

Kudos to the entrepreneur :)

Exclusive: Pepsi, the Cola Giant to Cease all Advertising Immediately

October 1st, 2009 § 4 comments § permalink

Pepsico has shocked the entire advertising fraternity by deciding that they would put to use their almost 1.3 billion dollar advertising budget NOT for Advertising anymore!

The CEO, Indira Nooyi, in her statement to the press remarked “We know it’s good, and everyone’s pretty happy with the overall taste, so why spend all our time worrying about what other people think?”

“Frankly, it just feels sort of weird and desperate to put all this energy into telling people what to drink. If they don’t like it, then they don’t like it.”

The TOP Pepsico team has been on for this since sometime and have finally decided to shift the funds into PepsiCo’s savings accounts and utilize them for much constructive things, as people anyway dont drink or feel the advertisement. The funds would now be divided amongst various charitable organizations and for bonuses to the employees.

Interesting to note, Nooyi asked the pressmen to go back to their families, hug them and play…really play and spend good time with them, before life passes by.

I support this move and its an amazingly intelligent step by a company of the size of Pepsico.