HUT Internacional
Transcription
HUT Internacional
Key Distributor Report September 2010 HUT is a distributor and wholesaler that specializes in space organization products, bathroom and kitchen accessories and home textiles. The company specializes in the development of private label. Website: www.hut.com.mx 1. Contact Information (buying office) HUT Internacional, S.A. de C.V. Los Pirules 38-B, Col. Santa Maria Tomatlan Mexico City, D.F. 09870 Mexico Harish Tekchand; President Tel: +52 55 56071746 Fax: +52 55 56074626 Email: harish@hut.com.mx Shoba Tekchand; Vice President Marketing and Sales Tel: +52 55 56071746 Fax: +52 55 56074626 Email: shoba@hut.com.mx Vinod Devjani; Purchasing Manager Tel: +52 55 56071746 Fax: +52 55 56074626 Email: vinod@hut.com.mx 2. Background Information The Company Is: Distributor Wholesaler Year Established: 1989 Total Annual Sales: US$5.4 Million Warehouse Location: Cuautitlan, Estado de Mexico Warehouse Size: 2,000 m² (21,500 sq ft) Port of Entry: Lazaro Cardenas Port, Manzanillo Port and Laredo Territory: Throughout Mexico. The company expects to expand its operations to Central America in the not so distant future. Services Provided: Storage, labeling, packing, picking, delivering Channels Sold into: Department Store 15% Mass Merchant/Chain 85% (Continued on back) 3. Companies and Products Represented Current Suppliers and Company Brands Represented (examples): Zenith Products Corp. (bathroom, storage and space organization products), Car Smart (automotive cleaning products). Cocina Mía (kitchen articles), Smart Shine (cleaning items), Natural Essentials (home décor products). In addition, the company also handles products under the H.U.T. brand. Home/Housewares Product Categories Represented: • Household Electrics 15% • Bath & Shower Products 50% • Cleaning Products 10% • Space Organization & Clothing Care 10% • Home Décor 5% • Home Textiles 10% Criteria for Possible New Companies/Brands to Represent: HUT Internacional is open to considering new lines of products from foreign suppliers. Their goal is to build long lasting relationships with the suppliers. The company expects however to receive support as needed from its suppliers to meet market objectives and to be flexible enough to adapt to the local market. Pricing Strategy: Mexico is a price sensitive market, and for that reason it is necessary work together with the suppliers to reach the right price point to maximize sales. Quality/Design/Branding Strategy: Uniqueness and high quality are seen as important. Key Marketing Tools & Promotions: Strong personal sales relationships with leading retailers is the key. Exhibiting at fairs, catalogs/brochures, annual promotional campaigns. Trade Shows Participated as an Exhibitor: ISSA Interclean Mexico (cleaning products fair held every two years at a different location in Mexico) 4. Supplier Expectations/Requirements Supplier Expectations Regarding • Products: The product must be unique and of good quality • Pricing: Best possible prices – Mexico is a very price sensitive market • Promotions: Product education in local language, Spanish 5. Top 5 Retail Customers to Which the Company Distributes Products • • • • • Walmart Mexico Tiendas Soriana Home Depot Mexico Comercial Mexicana Chedraui The HUT Internacional profile created by: IHA Mexico Office Lourdes Ramirez Tel: +52 55 5286 9002 Email: l.ramirez@bdp-americas.com