Innovation, creativity made Ranaweera a successful businessman
Shirajiv Sirimane
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Customers
at the Sari Mandeer |
He always had a passion for colours and from his school days he
admired flashy colours. It was this passion that drove him to become a
'buy and seller' of saris.
This took him from the Pettah wholesale market to his makeshift store
in Wellawatte, to engage in a venture which was more or less, based on
the concept, 'keep a cut and sell'
His 'taste' for colours and his eye to match saris with various skin
complexions and the ability to grasp the diversified taste of women,
drove him to fame and soon he found out that the Pettah market was too
small for him and he needed more variety for his customers.
In quest for originals and better selections, Sanath Ranaweera then
made his way to South India where he sees the largest selection of
colours in saris in the world. He then brings a part of this world to
Wellawatta and becomes one of the first major direct importers of saris
to Sri Lanka.
His success prompts another partner to woo him into a joint venture.
After a few months, Ranaweera gets confident to 'move out on his own'
and with a capital of Rs. 50,000 borrowed from a friend he then sets up
one of the most sought after institutions by the fairer sex, Sari
Mandeer. Soon his customers multiplied and he rented out a bigger store.
In 1997, Ranaweera purchased a seven perch of prime land in W. A. De
Silva Mawatha and set up Sari Mandeer in his own six storeyed store with
a car park, spacious lobby and elevator facilities.
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Chairman
Sanath Ranaweera |
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Some of the
items at the shop Pictures Saliya Rupasinghe |
An old boy of S. Thomas' College, Mount Lavinia, he said that he had
several offers to enter the mercantile sector, but preferred to be on
his own and has no regrets doing so. "Today I have saris ranging from a
few hundreds to several lakhs and this is to satisfy both the low and
high end customers." Today the premise is also dubbed as the Temple of
Saris, as it is a highly successful venture in the textile industry. "We
have an unbelievably wide range of saris for customers. Be it casual
wear, function wear, wedding wear or bridal wear: be it cotton, silk,
chiffon or hand worked: Be it any colour that the customer wants, Sari
Mandeer has all of them stacked neatly in its shelves." Sari Mandeer has
another additional service for its bridal customers. The customer is
given the option to choose 10 to 15 saris and take them to their bridal
dresser, to discuss with the dresser which is the best wedding sari for
the big occasion. Apart from different saris, there are also fabrics for
sale. The customer can choose any fabric they need for sari blouses or
skirts simultaneously as they purchase the sari. This makes shopping
easy for customers as they do not need to waste time searching for
matching blouses elsewhere.
He said that while he came up the hard way, there were several
businessmen who had copied his concept and business plan, even to the
extent of using similar names to woo customers. "Looking back I know
that it was my personal supervision and the well trained staff that
brought me to this position and I have no intention of opening any
'branches' anywhere else. My fortress is here," he said. One of the key
features of his success was that he personally travels overseas and hand
picks saris according to the fancies and demands of his local clientele.
He said that Sri Lankan entrepreneurs have talent to compete
internationally and companies like Hameedias, Damro, Dilma, Odel,
Munchee is only a handful of such examples. "People should be creative
and innovative and should not try to 'copy' other businesses," he added.
Chairman Sanath together with Managing Director, Suresh L. Ranaweera
are now trying to acquire another floor to cater to the growing demands
of their customers.
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