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"In modern stationery shops, actual stationery goods are
relegated to one corner, while products like music cassettes and
CD's are highlighted. There is no other shop like ours; only for
stationery goods."
V Sethuraman, of Perumall Chetty and Sons, has justifiable
reasons to be proud of his concern. Perumall Chetty and Sons was
founded in 1840 by Perumall Chetty who came from a small
village called Vipputtur, near Nellore in Andhra Pradesh. V Sethuraman,
who is one of the partners and the grandson of Perumall Chetty,
is managing the enterprise today.
Chennaibest.com speaks to him on the stationery market in
Chennai.
Which period of the year does the stationery
market see its highest sales?
August to September the sales are high for notebooks and other
stationery connected with schools, because that is when the schools
and colleges re-open for the year. March-end and April, Accounts
books are in demand because of the financial year closing. And then,
August to September is when cards for Christmas and New Year are
sold.
Are there any quality norms for this industry?
Yes, there are quality norms for this industry. ISI standards set
by the Central government. But these are rarely followed by unscrupulous
and unethical dealers, who do not follow the rules.
What are the opportunities as far as this
market is concerned?
I see only Computers in the future. Anything to do with Computers
is going to do well.
How big is the total market in Chennai?
The
market is quite big and generates a lot of employment, but unfortunately
shops supplying books and other stationery material have sprouted
all over like teashops. So one cannot actually give even a rough
estimate. Most of the trade is in the unorganized sector, with scores
of people operating from their homes.
Who are the major players in the Stationery
business?
Now the biggest players in this market are the Olympics traders.
They do only cards. They specialise. That has become the latest
fad.
What do you think influences the customer
purchase decision?
Brand name and Quality. In the case of new products, customers
prefer to go by the brand which is top-of-the-mind. The brand awareness
is of course, achieved through advertising. For example, in inks
Quink, Bril and Camel inks are there. But everybody
wants Quink. Likewise, even in paintbrushes, people go by the brand.
A far as the quality is concerned, the customer is pretty well informed.
Like some artists prefer to use only a few kind of brushes and when
they come to the showroom they ask specifically for that kind of
quality.
Are there any threats that the market in Chennai
faces?
In this market, to have an establishment like us, it is not as
profitable as it used to be. Earlier, big companies used to approach
and go through us only. Now, somebody sitting in his house (he would
have just been registered) will go collect orders from various offices,
buy the stock from people like us and supply. He will have no stocks
and he will save on maintenance and other establishment costs. He
doesn't have to invest in manpower or pay electricity bills and
so on. All this adds to his margin. We know this because the people
who do this come to us and say that they are doing business and
so they want a discount. When we ask them where they do business,
they say that they do it from their homes. There are no overheads,
because there is no office, no godown, no stocks and no manpower.
He just gets the order, procures the stock from us and supplies.
Who forms your biggest Clientele?
Engineering College Students buy the mini-drafts and material connected
with their studies. School of Arts students buy artist's material,
paper, paints and brushes.
Any celebrity visitors or customers who have
visited your showroom?
I
could boast of many Ministers who, in my early days, used to come
here and buy things on New Year day. Even though they were Ministers,
they used to come and buy some small things just for the sake of
visiting the showroom, to meet all of us. They came just for the
sake of nostalgia. C P Ramaswamy Aiyer's son Pattabhiram,
who was a Central Government Minister, was also one of the Ministers
who visited my showroom. He used to come, just pick up a dairy or
two, spend a little time with all of us and go. They need not have
come; they could have just rung up or sent somebody to get the things
for them. Swami Chinmayananda visited our showroom over here
and he was also there for the inauguration of our showroom on Mount
Road in the Life Insurance Corporation Building.
On the future of the market in Chennai?
The market is getting newer and newer everyday. The future is in
computers. Technology is so fast that we cannot keep pace with it.
What was here yesterday is outdated today. For example (pointing
to a row of shelves) the paper over there is meant for telex. All
the big newspapers and companies used to have telex. But now nobody
is using it. We are not able to sell these things for the past four
years even though we have been offering heavy discounts. In those
days, big hotels and all newspaper offices had stands which had
the latest news being printed on rolls of paper. That paper is the
rolls that I was talking about. There used to be newsboy who used
to tear the sheet having the latest news and display it for the
guests, on a board. But now all that one needs now is the computer
and the internet and one can send information anywhere at the click
of a mouse.
-Joseph Pradeep Raj R
Photographs: V Ganesan |
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