SlideShare une entreprise Scribd logo
1  sur  20
Team Name: Spartans

                             Team members:

• Sonam Duhan                           • Manish Chadha
  sonam.duhan@gmail.com                   manish.chadha@greatlakes.edu.in
   996258293                              8098663746
• Great Lakes Institute of Management   • Great Lakes Institute of Management



               Registration-id : 4eb103780d2e28.04687380
• While preparing the presentation we have tried our best
  to pay heed to the minutest details. The report has been
  made keeping the following in mind:
  a. Customer is God
  b. Cult Bisney intends to sell value and not product
  c. It aims is to build long term relation with the customer.
  d. The target is Indian Customer

• To understand the customer better we did a small Market
  Research with a sample size of 100 to understand the
  customer better. The findings have been used across the
  report at relevant places.
1. POTENTIAL MARKET
 Since Cult Bisney has decided to launch in India we
 assume the following:
 a) The Company perceives India amusement industry as
    Attractive.
 b) Low in market Risk.
 c) It possesses a competitive advantage.
            Parameters                Value                    Assumptions
Size of the Amusement Industry     Rs 5000 cr Given
Current market size:               Rs 3500 cr Assuming that the people from people from
                                              medium middle class and higher contribute 70%
                                              to the revenue of the amusement industry.

Size of the potential market for   Rs 7000 cr The market grows by 10 % for the next 7 years
Bisney Land
ANSOFF MATRIX:
The Ansoff Growth matrix is a tool that helps businesses decide
their product and market growth strategy.          Focus
                                                    Area




We have used Ansoff Matrix to understand where this offering
of Cult Bisney would fit in the Indian Origin.
As per the Ansoff matrix we see that the Product is new and the
market that it is targeting is the existing Amusement industry.
Hence the need of the hour is Product Development. The
product has to be conceptualized well to understand the market
share. The target market belongs to people from medium
middle and higher.
2. IDENTIFYING LOCATION

• The minimum area that we require for opening
  Bisneyland in India is around 500 Acres
  (approximated based on data from Internet)
• The key criteria for choosing a place are:
  Near to the Airport, Railway Station etc. so that
   Foreign and national tourists can be entertained
  The expected cost in buying land and infrastructure
  In the suburbs near populous place so as to attract
   maximum crowd
  Keeping in mind the targeted segment
• Areas under consideration- Most famous Metropolitan
  Cities – Mumbai, Delhi, Bangalore
• Within the heart of any city will need huge costs hence
  considering the outskirts
• Delhi has space constraint as even Appu Ghar has been
  closed down and around Delhi i.e. the NCR region has
  been largely occupied by industries.
• Bangalore is far towards South and we will not be able to
  attract foreign tourists
• Hence our choice is Mumbai – Lot of Tourists, nice
  weather, high visibility.
• The following matrix gives us insight as to how and
  where we should focus or Marketing efforts. Also the area
  of influence is marked in green.


                    Standard       Customized
                  product: High   product: High
                    Customer        Customer
                   Information     Information



                                  Customized
                    Standard
                                    product:
                  product: Low
                                      Low
                    Customer
                                   Customer
                   Information
                                  Information
• Based on the metrics we see that our Marketing strategy
  should be one that focuses on Mass Marketing:

                Marketing
 Based on       Strategy                                 Significance
Market Share    Follower      Since the company plans to launch the product by 2017, by that
                              time the industry would be approximately Rs 7000 cr and there
                                 would be many players in the industry. Hence, initially the
                             company may have to follow the strategy of a follower and once it
                              has established sufficient Brand equity it can surge ahead to be
                                                         the Leader.


                                The company would have to follow the Strategy of Product
   Generic      Product      differentiation because by 2017 there might be many players in
   Strategy Differentiation the industry who would be fighting for the market share. Hence if
                            the company intends to build a strong brand it should not involve
                             itself in the price-wars instead focus on product differentiation.
                             The company has a background in the Amusement park industry
 Innovation    Pioneers     and are pioneers in the business with the cutting edge technology
   strategy                  and are able to differentiate their offerings successfully in which
                                         ever place they have established the park.
The key segments identified based on three demographics
are as below:
                  Age


 <15      15-24         24-35     >35


                                      Monthly Income

                             <15000     15-30000       >30000

         Family Structure

          Joint    Nuclear
• Survey results show no particular decision
  maker at Customer end
• We will target all the age groups wherein
  segmenting based on the income and
  family structure
• Hence the most potential Customers of
  Bisneyland are the:
Nuclear Families in Income group of Rs 30000+
pm
Position Statement
  Target Market                                Value Proposition
     segment

                     a. In the modern scenario, the consumer is so cramped for time, hence he
                        does not have time to travel to different locations to unwind. Hence
                        our Amusement park is a Theme Amusement park which will serve as
Potential Customers     the one-stop park to satisfy the consumer. The theme park will have
  of Bisneyland are     places which will be specially designed to cater to the needs of the
the Nuclear Families    ladies, kids and Male. The customer will look at the Theme park as a
 in Income group of     place to unwind, hangout with family and friends with the state of art
       30000+.          facilities at his disposal. This will be positioned as THE PLACE to
                        hangout.
                     b. Schools can organize trips @ Bisney Land
                     c. Companies can host their Town halls @ Bisney Land for Employees and
                        their families
                     d. This place will be positioned in the mind of customers as a place to
                        build/ nurture relationships, where they can spend quality time with
                        their loved ones and cherish the moments.
Step                                How will it help


 Know your                                                        Benefits to
 customer         Customer                  Value
                                                                     the
                  snapshot                Proposition
                                                                  customer

                      Understand why a                     Try to get as much
                    customer comes to an                     Information as
Value account         Amusement park                             possible
    plan

                                       Identify decision maker


Build Relation   The best way to keep the customer coming is to build relationship.
                   Don’t be eager to push your product rather pull the customer
• This question again was covered under the market
  research questionnaire where Samples rated the Theme
  parks in preference order on a 5 point Likert’s Scale.

• Secondly we ourselves thought strategically keeping in
  mind the:
 Competitors – Existing Amusements parks
 Cost involved – For building a particular theme park
 Customers – Indian Population

• The key to success here is having POPs (Points of
  Parity) i.e. Amusement Park as per the Competitors are
  but have PODs(Points of Differences) i.e. key
  differentiator being a Theme Park.
• As per the results and research the preference order of initial
  targeted theme parks is as mentioned below and we can
  target top 3 for opening of Bisneyland:

1. Adventure land – This is the most appealing to Indian
   Market and has to be there
2. Fantasy land – All kids can be attracted by this Theme Park
   but keep in mind it should include Indian Fairy Tales along
   with western so that Indian Customers feel connected.
3. Holiday land - This is a must as it is there in all the existing
   Amusements parks hence it is like generic product
4. Tomorrow land – It is exciting but opening it in initial stages
   will incur huge costs and less affability towards it may lead to
   losses
5. Main Street India – This can be included later as only Ladies
   are attracted towards this and it may be disturbance in the
   fun in Theme parks as of now.
• . The promotion strategy for our Bisneyland would be
  totally different keeping in mind the Promotion Strategy
  “PENCILS”
   P - Publication
   E - Events
   N - News
   C – Community Initiation
   I - Image
   L – Lobbying
   S – Sponsorship
• For us the important channels are top 3 i.e. PEN
• In Publication we need to cover all the major newspapers
  and web sites
• News papers and magazines will have ads with big cartoons
  like Mickey Mouse and Disney with embedded Musical
  cards.
• 3D billboards showing videos of fun inside Bisneyland
• Simulators placed inside malls simulating the experience of
  Theme parks of Bisneyland
• Organizing events where multiple fun competitions will be
  held and people will be getting free Bisney Cards .* The
  theme of the events should be in sync with Bisneyland.
• The events should be held across multiple cities where
  school and College students should be invited for free. As
  children are the most powerful and most attracted towards
  the Theme Parks they will surely create awareness
• Last mode through advertisements there should be videos
  of the fun theme parks given to all media channels which
  should be highly advertised
• Bisney Land can use benchmarking as one of the most
  effective strategies to position itself for growth.
• Consumer will always compare Bisney land against the
  standards already in place within the industry. Those
  standards remain the norm until a competitor exhibits qualities
  that exceed the standard, and thus raise the benchmark for all
  other companies within the industry.
• When used effectively, benchmarking can lead a company to
  become more innovative, think about their business model in
  new ways, and even identify new consumer markets that could
  be targeted, thus increasing the overall sales generated by the
  company.
• Bisney Land can Benchmark itself in providing the following:
  a. Customer Centric
  b. State of the art facilities
  c. Best hospitality
  d. There something for every one in the park
  e. Best food(many varieties of food)
The pricing will be based on the following factors:
• Value selling to the customer
• Keeping in mind the supply and demand
• Competitor indexing
• Price Elasticity and Customer Sensitivity towards Amusement parks
• Each Customer will be given a membership card on the first visit

          Price = Fixed Component + Variable Component

• Fixed Component: This will be the charge for entering the park
• Variable component: This will be charged as per the facilities or
  parks used/visited by the consumer.
• Throughout the park there would be vending machines so that the
  customers can get their cards refilled and they will be rewarded
  points based on their visit frequency.
• There will be three types of cards specifically customized for kids,
  males and females.
• Emphasize on Brand value chain
• Use Brand Elements to create Brand awareness
  :

Logo:

Tagline :Come to get amused

URL: www.bisneyland.co.in (will be created later)

Ambassador: Choose a brand ambassador who
 is a maverick /adventurous
• Social Media:
   Social Networking sites: Facebook, Twitter, Google +: These websites are a
    rage
   Bisneyland can also exchange its links( on the internet) with its partner sites to
    increase awareness
   Article Marketing: Have all the articles related to the product in one place so
    that any one who comes looking for the product can have a go at the articles
    and understand the service offerings and what the Experts think of it
   Auto Responder system
• Print Media:
   Innovative Technology Advertisement: Design a 3-D page to be published in
    News papers and Magazines where in one screen you have the theme park
    photo and when the page is turned there is sound of water splashing
   Use of Newsletters: Use third party news letter which reach the qualified
    subscribers. This is better way than using spam emails which are deleted
    without paying a heed.
   Paper Inserts
• Sponsors Events to gain popularity:
• Canter activity
• Themed Events

Contenu connexe

Tendances (8)

Spencer's summer internship project report
Spencer's summer internship project reportSpencer's summer internship project report
Spencer's summer internship project report
 
MPI Market Report – March 2011
MPI Market Report – March 2011MPI Market Report – March 2011
MPI Market Report – March 2011
 
SAMPLE BUSINESS PLAN
SAMPLE BUSINESS PLANSAMPLE BUSINESS PLAN
SAMPLE BUSINESS PLAN
 
Business-plan Gift Corner
Business-plan  Gift CornerBusiness-plan  Gift Corner
Business-plan Gift Corner
 
Big Bazaar (SIP Report)
Big Bazaar (SIP Report)Big Bazaar (SIP Report)
Big Bazaar (SIP Report)
 
Tata Housing Sample Project
Tata Housing Sample ProjectTata Housing Sample Project
Tata Housing Sample Project
 
Spencer's retail ltd. project report (summer internship project)
Spencer's retail ltd. project report (summer internship project)Spencer's retail ltd. project report (summer internship project)
Spencer's retail ltd. project report (summer internship project)
 
Resume-Sanjay Bhattacharya updated
Resume-Sanjay Bhattacharya updatedResume-Sanjay Bhattacharya updated
Resume-Sanjay Bhattacharya updated
 

Similaire à Spartans sonam.duhan round1

Business to Business case Study.pptx
Business to Business case Study.pptxBusiness to Business case Study.pptx
Business to Business case Study.pptxNagarajanG35
 
Corporate digest magazine july, 2017 by venture care
Corporate digest magazine july, 2017 by venture careCorporate digest magazine july, 2017 by venture care
Corporate digest magazine july, 2017 by venture careKumar Kanaujia
 
Habit5 - Would you like to know more?
Habit5  - Would you like to know more?Habit5  - Would you like to know more?
Habit5 - Would you like to know more?David Jones
 
Suggested business plan format
Suggested business plan formatSuggested business plan format
Suggested business plan formatLoewen Kho
 
Team f presentation tejumade
Team f presentation tejumadeTeam f presentation tejumade
Team f presentation tejumadeBennie_macc
 
Kl Brand Summit 2009 Presentation Ml Jacobsen
Kl Brand Summit 2009 Presentation Ml JacobsenKl Brand Summit 2009 Presentation Ml Jacobsen
Kl Brand Summit 2009 Presentation Ml JacobsenMarie-Louise Jacobsen
 
How to manage castle and customer satisfaction by. karan gujrati
How to manage castle and customer satisfaction by. karan gujratiHow to manage castle and customer satisfaction by. karan gujrati
How to manage castle and customer satisfaction by. karan gujratiKaran Gujrati
 
Thought leadership as a content marketing strategy
Thought leadership as a content marketing strategyThought leadership as a content marketing strategy
Thought leadership as a content marketing strategyThought Leadership Partners
 
Giraffe Avertising and Marketing Pvt Ltd - Company Credentials
Giraffe Avertising and Marketing Pvt Ltd - Company CredentialsGiraffe Avertising and Marketing Pvt Ltd - Company Credentials
Giraffe Avertising and Marketing Pvt Ltd - Company CredentialsCharu Kathait
 
Successful strategies sales and marketing
Successful strategies   sales and marketingSuccessful strategies   sales and marketing
Successful strategies sales and marketingStephen Bibby
 
Marketing Plan for App- "My Budget"
Marketing Plan for App- "My Budget"Marketing Plan for App- "My Budget"
Marketing Plan for App- "My Budget"Shivang Thakkar
 
Arming Agencies for the Pitch
Arming Agencies for the PitchArming Agencies for the Pitch
Arming Agencies for the PitchCrimson Hexagon
 
Pizza park project proposal
Pizza park project proposalPizza park project proposal
Pizza park project proposalKiran Maasi
 

Similaire à Spartans sonam.duhan round1 (20)

Brand Magic ppt.
Brand Magic ppt.Brand Magic ppt.
Brand Magic ppt.
 
Business to Business case Study.pptx
Business to Business case Study.pptxBusiness to Business case Study.pptx
Business to Business case Study.pptx
 
Corporate digest magazine july, 2017 by venture care
Corporate digest magazine july, 2017 by venture careCorporate digest magazine july, 2017 by venture care
Corporate digest magazine july, 2017 by venture care
 
Habit5 - Would you like to know more?
Habit5  - Would you like to know more?Habit5  - Would you like to know more?
Habit5 - Would you like to know more?
 
Suggested business plan format
Suggested business plan formatSuggested business plan format
Suggested business plan format
 
Resume-Saivibhuti
Resume-SaivibhutiResume-Saivibhuti
Resume-Saivibhuti
 
Team f presentation tejumade
Team f presentation tejumadeTeam f presentation tejumade
Team f presentation tejumade
 
Lithos
Lithos Lithos
Lithos
 
Kl Brand Summit 2009 Presentation Ml Jacobsen
Kl Brand Summit 2009 Presentation Ml JacobsenKl Brand Summit 2009 Presentation Ml Jacobsen
Kl Brand Summit 2009 Presentation Ml Jacobsen
 
IFTF Conference - How to Develop an Effective Business Plan
IFTF Conference - How to Develop an Effective Business PlanIFTF Conference - How to Develop an Effective Business Plan
IFTF Conference - How to Develop an Effective Business Plan
 
How to manage castle and customer satisfaction by. karan gujrati
How to manage castle and customer satisfaction by. karan gujratiHow to manage castle and customer satisfaction by. karan gujrati
How to manage castle and customer satisfaction by. karan gujrati
 
PGDM-HB PPT
PGDM-HB PPTPGDM-HB PPT
PGDM-HB PPT
 
Talent-Fuse
Talent-FuseTalent-Fuse
Talent-Fuse
 
Thought leadership as a content marketing strategy
Thought leadership as a content marketing strategyThought leadership as a content marketing strategy
Thought leadership as a content marketing strategy
 
Giraffe Avertising and Marketing Pvt Ltd - Company Credentials
Giraffe Avertising and Marketing Pvt Ltd - Company CredentialsGiraffe Avertising and Marketing Pvt Ltd - Company Credentials
Giraffe Avertising and Marketing Pvt Ltd - Company Credentials
 
Successful strategies sales and marketing
Successful strategies   sales and marketingSuccessful strategies   sales and marketing
Successful strategies sales and marketing
 
Marketing Plan for App- "My Budget"
Marketing Plan for App- "My Budget"Marketing Plan for App- "My Budget"
Marketing Plan for App- "My Budget"
 
Arming Agencies for the Pitch
Arming Agencies for the PitchArming Agencies for the Pitch
Arming Agencies for the Pitch
 
Product Launch
Product LaunchProduct Launch
Product Launch
 
Pizza park project proposal
Pizza park project proposalPizza park project proposal
Pizza park project proposal
 

Dernier

Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...allensay1
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfAdmir Softic
 
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...Sheetaleventcompany
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangaloreamitlee9823
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876dlhescort
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...daisycvs
 
Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1kcpayne
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesDipal Arora
 
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort ServiceEluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort ServiceDamini Dixit
 
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000dlhescort
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noidadlhescort
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentationuneakwhite
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 MonthsIndeedSEO
 
JAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
JAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLJAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
JAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLkapoorjyoti4444
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayNZSG
 
Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperityhemanthkumar470700
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...amitlee9823
 
Business Model Canvas (BMC)- A new venture concept
Business Model Canvas (BMC)-  A new venture conceptBusiness Model Canvas (BMC)-  A new venture concept
Business Model Canvas (BMC)- A new venture conceptP&CO
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwaitdaisycvs
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Centuryrwgiffor
 

Dernier (20)

Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
 
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
 
Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort ServiceEluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
 
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
 
JAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
JAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLJAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
JAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 May
 
Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperity
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
 
Business Model Canvas (BMC)- A new venture concept
Business Model Canvas (BMC)-  A new venture conceptBusiness Model Canvas (BMC)-  A new venture concept
Business Model Canvas (BMC)- A new venture concept
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Century
 

Spartans sonam.duhan round1

  • 1. Team Name: Spartans Team members: • Sonam Duhan • Manish Chadha sonam.duhan@gmail.com manish.chadha@greatlakes.edu.in 996258293 8098663746 • Great Lakes Institute of Management • Great Lakes Institute of Management Registration-id : 4eb103780d2e28.04687380
  • 2. • While preparing the presentation we have tried our best to pay heed to the minutest details. The report has been made keeping the following in mind: a. Customer is God b. Cult Bisney intends to sell value and not product c. It aims is to build long term relation with the customer. d. The target is Indian Customer • To understand the customer better we did a small Market Research with a sample size of 100 to understand the customer better. The findings have been used across the report at relevant places.
  • 3. 1. POTENTIAL MARKET Since Cult Bisney has decided to launch in India we assume the following: a) The Company perceives India amusement industry as Attractive. b) Low in market Risk. c) It possesses a competitive advantage. Parameters Value Assumptions Size of the Amusement Industry Rs 5000 cr Given Current market size: Rs 3500 cr Assuming that the people from people from medium middle class and higher contribute 70% to the revenue of the amusement industry. Size of the potential market for Rs 7000 cr The market grows by 10 % for the next 7 years Bisney Land
  • 4. ANSOFF MATRIX: The Ansoff Growth matrix is a tool that helps businesses decide their product and market growth strategy. Focus Area We have used Ansoff Matrix to understand where this offering of Cult Bisney would fit in the Indian Origin. As per the Ansoff matrix we see that the Product is new and the market that it is targeting is the existing Amusement industry. Hence the need of the hour is Product Development. The product has to be conceptualized well to understand the market share. The target market belongs to people from medium middle and higher.
  • 5. 2. IDENTIFYING LOCATION • The minimum area that we require for opening Bisneyland in India is around 500 Acres (approximated based on data from Internet) • The key criteria for choosing a place are: Near to the Airport, Railway Station etc. so that Foreign and national tourists can be entertained The expected cost in buying land and infrastructure In the suburbs near populous place so as to attract maximum crowd Keeping in mind the targeted segment
  • 6. • Areas under consideration- Most famous Metropolitan Cities – Mumbai, Delhi, Bangalore • Within the heart of any city will need huge costs hence considering the outskirts • Delhi has space constraint as even Appu Ghar has been closed down and around Delhi i.e. the NCR region has been largely occupied by industries. • Bangalore is far towards South and we will not be able to attract foreign tourists • Hence our choice is Mumbai – Lot of Tourists, nice weather, high visibility.
  • 7. • The following matrix gives us insight as to how and where we should focus or Marketing efforts. Also the area of influence is marked in green. Standard Customized product: High product: High Customer Customer Information Information Customized Standard product: product: Low Low Customer Customer Information Information
  • 8. • Based on the metrics we see that our Marketing strategy should be one that focuses on Mass Marketing: Marketing Based on Strategy Significance Market Share Follower Since the company plans to launch the product by 2017, by that time the industry would be approximately Rs 7000 cr and there would be many players in the industry. Hence, initially the company may have to follow the strategy of a follower and once it has established sufficient Brand equity it can surge ahead to be the Leader. The company would have to follow the Strategy of Product Generic Product differentiation because by 2017 there might be many players in Strategy Differentiation the industry who would be fighting for the market share. Hence if the company intends to build a strong brand it should not involve itself in the price-wars instead focus on product differentiation. The company has a background in the Amusement park industry Innovation Pioneers and are pioneers in the business with the cutting edge technology strategy and are able to differentiate their offerings successfully in which ever place they have established the park.
  • 9. The key segments identified based on three demographics are as below: Age <15 15-24 24-35 >35 Monthly Income <15000 15-30000 >30000 Family Structure Joint Nuclear
  • 10. • Survey results show no particular decision maker at Customer end • We will target all the age groups wherein segmenting based on the income and family structure • Hence the most potential Customers of Bisneyland are the: Nuclear Families in Income group of Rs 30000+ pm
  • 11. Position Statement Target Market Value Proposition segment a. In the modern scenario, the consumer is so cramped for time, hence he does not have time to travel to different locations to unwind. Hence our Amusement park is a Theme Amusement park which will serve as Potential Customers the one-stop park to satisfy the consumer. The theme park will have of Bisneyland are places which will be specially designed to cater to the needs of the the Nuclear Families ladies, kids and Male. The customer will look at the Theme park as a in Income group of place to unwind, hangout with family and friends with the state of art 30000+. facilities at his disposal. This will be positioned as THE PLACE to hangout. b. Schools can organize trips @ Bisney Land c. Companies can host their Town halls @ Bisney Land for Employees and their families d. This place will be positioned in the mind of customers as a place to build/ nurture relationships, where they can spend quality time with their loved ones and cherish the moments.
  • 12. Step How will it help Know your Benefits to customer Customer Value the snapshot Proposition customer Understand why a Try to get as much customer comes to an Information as Value account Amusement park possible plan Identify decision maker Build Relation The best way to keep the customer coming is to build relationship. Don’t be eager to push your product rather pull the customer
  • 13. • This question again was covered under the market research questionnaire where Samples rated the Theme parks in preference order on a 5 point Likert’s Scale. • Secondly we ourselves thought strategically keeping in mind the:  Competitors – Existing Amusements parks  Cost involved – For building a particular theme park  Customers – Indian Population • The key to success here is having POPs (Points of Parity) i.e. Amusement Park as per the Competitors are but have PODs(Points of Differences) i.e. key differentiator being a Theme Park.
  • 14. • As per the results and research the preference order of initial targeted theme parks is as mentioned below and we can target top 3 for opening of Bisneyland: 1. Adventure land – This is the most appealing to Indian Market and has to be there 2. Fantasy land – All kids can be attracted by this Theme Park but keep in mind it should include Indian Fairy Tales along with western so that Indian Customers feel connected. 3. Holiday land - This is a must as it is there in all the existing Amusements parks hence it is like generic product 4. Tomorrow land – It is exciting but opening it in initial stages will incur huge costs and less affability towards it may lead to losses 5. Main Street India – This can be included later as only Ladies are attracted towards this and it may be disturbance in the fun in Theme parks as of now.
  • 15. • . The promotion strategy for our Bisneyland would be totally different keeping in mind the Promotion Strategy “PENCILS” P - Publication E - Events N - News C – Community Initiation I - Image L – Lobbying S – Sponsorship • For us the important channels are top 3 i.e. PEN
  • 16. • In Publication we need to cover all the major newspapers and web sites • News papers and magazines will have ads with big cartoons like Mickey Mouse and Disney with embedded Musical cards. • 3D billboards showing videos of fun inside Bisneyland • Simulators placed inside malls simulating the experience of Theme parks of Bisneyland • Organizing events where multiple fun competitions will be held and people will be getting free Bisney Cards .* The theme of the events should be in sync with Bisneyland. • The events should be held across multiple cities where school and College students should be invited for free. As children are the most powerful and most attracted towards the Theme Parks they will surely create awareness • Last mode through advertisements there should be videos of the fun theme parks given to all media channels which should be highly advertised
  • 17. • Bisney Land can use benchmarking as one of the most effective strategies to position itself for growth. • Consumer will always compare Bisney land against the standards already in place within the industry. Those standards remain the norm until a competitor exhibits qualities that exceed the standard, and thus raise the benchmark for all other companies within the industry. • When used effectively, benchmarking can lead a company to become more innovative, think about their business model in new ways, and even identify new consumer markets that could be targeted, thus increasing the overall sales generated by the company. • Bisney Land can Benchmark itself in providing the following: a. Customer Centric b. State of the art facilities c. Best hospitality d. There something for every one in the park e. Best food(many varieties of food)
  • 18. The pricing will be based on the following factors: • Value selling to the customer • Keeping in mind the supply and demand • Competitor indexing • Price Elasticity and Customer Sensitivity towards Amusement parks • Each Customer will be given a membership card on the first visit Price = Fixed Component + Variable Component • Fixed Component: This will be the charge for entering the park • Variable component: This will be charged as per the facilities or parks used/visited by the consumer. • Throughout the park there would be vending machines so that the customers can get their cards refilled and they will be rewarded points based on their visit frequency. • There will be three types of cards specifically customized for kids, males and females.
  • 19. • Emphasize on Brand value chain • Use Brand Elements to create Brand awareness : Logo: Tagline :Come to get amused URL: www.bisneyland.co.in (will be created later) Ambassador: Choose a brand ambassador who is a maverick /adventurous
  • 20. • Social Media: Social Networking sites: Facebook, Twitter, Google +: These websites are a rage Bisneyland can also exchange its links( on the internet) with its partner sites to increase awareness Article Marketing: Have all the articles related to the product in one place so that any one who comes looking for the product can have a go at the articles and understand the service offerings and what the Experts think of it Auto Responder system • Print Media: Innovative Technology Advertisement: Design a 3-D page to be published in News papers and Magazines where in one screen you have the theme park photo and when the page is turned there is sound of water splashing Use of Newsletters: Use third party news letter which reach the qualified subscribers. This is better way than using spam emails which are deleted without paying a heed. Paper Inserts • Sponsors Events to gain popularity: • Canter activity • Themed Events

Notes de l'éditeur

  1. Bisney Cards are the membership cards that we have introduced in Pricing Strategy