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WELLNESS AND GROMMING
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Piyush Bhatia
Apurv Kumar
Anubha Sao
Sudeep Yadav
Shrenik Luniya
Vivek Kandhari
Sonal Nagpal
Tejashree Bagu
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Table of Content
1. Executive Summary
2. Business Description
3. Services and Offerings of business
4. Potential for business
5. SWOT analysis6. Competitors Analysis
7. Market Segmentation
8. Market Strategy
9. Financial Analysis
10.Future Plan
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Slimwell will provide fitness , body building & weight loss p
to its members on a profit making basis.
Slimwell will offer low cost services to all segments of its c
Slimwell will have their own training facility with state of t
health care equipment from quality manufactures.
It will target people of all age group.
Executive Summary
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The Health club industry in India is a 2500 crore industry in India groCAGR of 15-20%
The presence of a strong middle class of 35-40 crore with rising inco
and strong disposable income provide a attractive market.
The increasing awareness of youth and middle age towards health &
also bringing in more customer and is increasing market in terms of
volume.
There are few organized market players like ParulekarsTalwarkars a
Gym but the market has lot of space for start ups and is far from sat
Industry Overview
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Industry Overview
The health club industry involves the large investment in terms of fix
but the operating expenses are quite low so the working capital req
are minimized.
Due to monthly and annual membership of customers, the custome
is relatively easier.
Fixed and timely payment of membership fees in general makes the
receivables management easier.
The exit strategy in the health club business is good and relatively ea
because the resale value of health equipment fetches a good price a
depreciation.
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First branch was established on 21stSeptember 1985
Slimwell has three fitness centers in Pune.
The owner of Slimwell is Dr. Meghna Raje
Vision: Slimwell mantra is to spread wellness and educmore women on fitness so that they will further take ca
entire family.
Introduction to Slimwell
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Slimwell will provide Health & fitness solution to all age groups fromyears with focus on youth.
Nominal fee rate of Rs 1000/- per month
Some of the offering include:-
1) Aerobics2) Cycling
3) Yoga
4) Muscle Training
Services & Offerings of the Busines
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People are very much conscious towards market offerings start-up has to offer value for money with all the modern f
offered by a health club.
For segmentation purpose, we are targeting the large yout
population in the nearby colleges and young working profeWe find that the target market should be measurable, sub
accessible, differentiable ,actionable.
Segmentation & Targeting
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For positioning purpose , we want to position our brand as
for money point offering all facilities of a health club at lo
to wider section of people
Positioning
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Critical Success Factor of Slimwell
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Strengths
Lowest price
Management of health care sector Qualified and trained.
Opportunities
Strategic alliances, partnerships
Rapidly growing market,
Obesity diseases is on the high record
Innovation an technology development
Health Consious crowd is increasing.
Threats
A possible low cost of
competitors
Availability of low cost
equipment.
Strong competition
Weaknesses
High cost of persona
services Low in marketing bud
staff.
S W
TO
SWOT ANALYSIS
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Why Service Blueprint?
Service(s) are flu
dynamic, and fre
co-produced in r
by customers, emand technology,
with few static p
properties.
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Service Blueprint
Process
Point Of Contact
Physical Evidence
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Support Processes
Backstage Action
Onstage Action
Customer Action
Physical Evidence
Service Blueprint
S i Bl i f Sli ll
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Service Blueprint of Slimwell
Co-ordinationwithin
Branches
Name
MarketingSupplier ofequipment
CustomerManagement
MaintenanceEmployee
Training
BMIEfficientMachine
Name
Database
Management
Massage/
RelaxationMeasurement Feedback
Ample for Exe
ExerciseFloor
ChangingRoom
EquipmentAppearance
Su
pport
Process
Backstage
Actions
Onstage
Actions
Customer
Actions
Physical
Evidence
RegistrationDesk
AmbienceEmployees/T
rainersSignages
Registration Desk
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EstablishInfrastructu
Attune strategiesand programs
Interpretation ofresults
Customer
profitabilitycalculation
Designcustomer
profitabilitymodel
Selection of
ActiveCustomers
Analysis
Interpretation
Customer Profitability Analysis
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Low Awareness of Marketing Failure in Men section
Selection procedure of trainer
Problem Identification
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Lack of Training
Low Customer Satisfaction
High Pricing
Low Quality Product
Poor Materials
Wrong Answers
Poor Support
Bad Hiring
Unskilled Employees
Bad Design
Long Hold Times
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7 ps of Marketing