Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
ACKNOWLEDGEMENT…………………………………..2
DEDICATION…………………………………………3
2. 2.SEGMENTATION………………………………………..5
4. 4.CUSTOMER SATISFACTION……………………...10
5. REASEARCH ANALYSIS:……………………………...12
6. ENVIROMENTAL ANALYSIS…………………....21
8. S.W.O.T. ANALYSIS……………………………38
9. FEASIBILITY REPORT……………………………………..39
1
10. HOW OUR SALOON LOOKS LIKE…………………..41
11.APPENDIX………………………………………………42
ACKNOWLEDGEMENT
developing this project. We are also greatly thankful to Mr. Raza Mustafa,
who
2
in completing this project. All the members of the group worked hard in
DEDICATION
3
EXECUTIVE SUMMARY
the hales was established to give a new look to the people of
Faisalabad .it was given a very high response by these people. They
are the key source of our income. As according to the economy of
Pakistan this business will grow very quickly. It will be competing the
top saloons and fitness centers of Pakistan very soon.
1. ECONOMIC OVERVIEW OF PAKISTAN
Riding on the strong economic fundamentals’ of last year Pakistan’s
economy has gathered greater momentum during the fiscal year 2007-
08.accelaration in growth accompanied by sharp pick up in industrial
production, a strong upsurge in investment and a further strengthening of the
external balance of payment have been the hallmarks of this year
performance, the pre payment of high cost external deptt., the strategic re
entry into the international capital markets through the floatation of a euro
bond and the re-basing of Pakistan’s national accounts have been the others
stellar occurrences of the fiscal year 2007-08.no efforts to revive the
economy will be complete unless these macroeconomic gains are transferred
to the messes in terms of an improves standard of living. The efforts of the
last five years have started yielding positive results and this year has seen
the incidence of poverty declining, enrollment in primary, middle and metric
level rising, and various quality of life indicators improving. During this
fiscal year, Pakistan succeeded in attaining higher than targeted growth in
real GDP, powered by seller growth in large scale manufacturing and a
continuing robust performance in services; a double-digit growth in per
capita income,$652;a strong rebound in investment, particularly in private
sector investment owing to a rare confluence of various positive
developments on the economic scene; low inflation and investment-friendly
interest rate environment; an unprecedented increase in the consumption of
electricity and gas reflecting rising levels of economic activity.
4
2. SEGMENTATION
The segment which we have chosen is lower middle, upper middle
and middle class.
We have chosen this because in Pakistan this is the major identifiable class
which we can finely treat and get our profit out of it.
• Our segment was large enough to put in our special marketing mix.
• Due to its large size this segment was identifiable and measurable.
• The members of our targeted segments are in reach of our hands and
we can entertain them with our full efforts.
2.1GEOGRAPHIC SEGMENTATION
It means dividing the total market on the basis of region, size, rural
and urban climate, market density. From geographic point of view we are
considering Faisalabad as our targeted market.
2.1.1City: Faisalabad
5
2.1.2Climate:
November – February (winter)
2.2.1 Gender:
We are focusing only, the females as they are the major customers.
And women are mostly more conscious about their health and beauty issues.
These ages are our best targets as they are more conscious about their looks:
Teenage group of 13-15 are mostly encouraged in our saloon and fitness
center. They are the maximum customer of ours.
The people 16-22 are majorly students who have to maintain their looks and
figure.
23 and above are mostly working women who work at their respective
places so they have to go according to ongoing fashion and consider their
beauty.
22 and above, mostly women gets married and had to lead their marital life,
these women had to prepare themselves nicely and good looking for parties
and dinners etc with their hubbies.
6
2.2.3 Income:
The people of Faisalabad are very wealthy. They had a lot of money
to spend. We are giving them chance to put their money in a positive way.
Our target market’s income mostly ranges from40, 000-120,000.
They want to look unique and different from others and for this
purpose they don’t see any hurdles and barriers. They want to do what is in
their minds.
Pakistani’s
Punjabi’s
Faisalabadi’s
7
2.3PSYCHOGRAPHIC SEGMENTATION
2.3.1Life Cycle:
We would take into account that how the life of our valued customers
is spent. What are their HOBIES, INTERESTS and their
SURROUNDINGS…
8
3.MARKET MANAGEMENT PHILOSOPHIES
We are going to run our business on MARKETING CONCEPT
philosophy.
3.1Marketing Concept:
3.2Relationship marketing:
QUALITY POLICY
The policy of THE HALES Corporation is to ensure quality control and quality
assurance according to the international standards. The corporation is committed to top
quality services. All employees are quality conscious and work in a creative
environment dedicated to products improvements and customers’ current and future
needs.
Satisfied Customers ……………
Our Success
9
4.CUSTOMER SATISFACTION
These are the factors for customer satisfaction and loyalty. We would
strongly make these factors our policy.
• Experienced staff
• Knowledge of service provided
• Communication
• Reputation
• Type of role/function contact
10
• Who they compare us with
• Past and present experience
11
For this purpose we will create long term contracts with
them, charge less for ongoing purchases and link product to
long term services.
4.4 Decision Support system:
• Interactive
• Flexible
• Discovery – oriented
• Accessible
5. REASEARCH ANALYSIS:
• Descriptive:
It helped us in gathering and presenting factual statements.
12
• Diagnostics:
This role helped us in explaining the data which was gathered from the
market analysis.
• Predictive:
After completing the above two, they helped us in predicting to estimate the
results of planned marketing decision.
Which research
questions
must be answered?
How will
the data
be analyzed?
13
• 5.3.1 Mall Intercept Interviews
14
5.5 Analyzing Questionnaire:
60 Once a month
40
twice a month
20
0 Any other
percentage
15
100 once a week
80
Susan Road
60
D-Ground
40
20
Kohinoor City
0 Iqbal Stadium
percentage
80 commercial
60
40
20 residential
0
percentage
4. What are the suitable timings for saloon & fitness center?
Ans: 10 am-9pm
16
5. What environment mood do you like?
Musical 80
Non- musical 20
100
80 musical
60
40
20 non-musical
0
percentage
80
60
Yes No
40
20
0
percentage
17
100
80
60
Yes No
40
20
0
percentage
60
unnecessary
40
20
any other
0
pe rce ntage
9. Which type of interior decor would you like in beauty saloon &
fitness center?
Classic 45%
Modern 54%
Any other 1%
18
100
Classic
80
60
Modern
40
20
Any other
0
percentage
80
60
Yes No
40
20
0
percentage
19
Hollywood 37%
100
Depilex
80
60
Sola Singhar
40
20
Hollywood
0
percentage
• Our saloon & fitness center namely hales will be opened in Susan Road.
• It will be in a residential area not a commercial area.
• The timings will be 10am – 9pm.
• The environmental mood will be Musical because most people rejected non-
musical mood.
• We would be providing our customers with juices and shakes.
• Food supplements are rejected by our customers so they will not be given
any kind of food supplements.
• Majority says yoga to be taught, so we will do it.
• The type of Décor in the saloon & fitness center will be a mixture of classic
and modern as both have approx same replies.
20
• There would be a small children area for the Childs of house wives.
• As most of the people visits Depilex and Hollywood so these saloons will
give us a tough tome and we have to compete them.
5.7 Mystery shoppers:
6. ENVIROMENTAL ANALYSIS
Environmental analysis has two parts:
• 6.1.1 Company:
• 6.1.2 Competition:
21
services at nominal cost by which we will be able to capture their
customers.
• 6.1.3 Customers:
22
The technology which we are using is brought from all the top
class saloon & fitness accessories manufacturers.
• Placement
• Promotion
• Price
7.1 PRODUCT
23
7.1.2 Saloon Services:
1. Make-up:
• Engagement
• Party make-up
• Makeover
2. Hair Styling:
• Cutting
• Styling
• Permanent waves
• Straightening
• Coloring
• Hair relaxing
• Hair treatment
• Blow dry
• Highlights
• Lowlights
3. Facials:
• Derma logical
• Isabelle Lancray
24
• Herbal
• Whitening
• Cleansing
• Oxygenated
• Johnson’s n Johnson’s
4. Threading
5. Waxing
6. Bleaching
7. Mehandi Art
8. Manicure/pedicure:
• Paraffin wax
• French manicure
•Weight reduction
•Slender tone
•Yoga
25
satisfaction of our customer is our goal. We want to give them a modern and
spacious look.
7.1.5 Types of our Consumer Product:
Convenience Product:
Shopping Product:
• Diplex
• Sola Singhar
• Hollywood styles
• La Femme
These are the services which our customer will seek to try and
inspect for quality and suitability.
Specialty Product:
Style Modification:
27
As the environment changes all beauty trends change with it. Also any
types of social event or occurrence can raise the need for the repositioning.
Declining Sales:
Changing Demographics:
7.3 BRANDING:
28
“A Strong & Beautiful U!”
♦ As our brand name is “THE HALES” which means “the strong &
beautiful” so it shows our mission statement and depicts our services
as well.
♦ Is easy to pronounce
7.3.5Type of Brand:
• Manufacturer’s Brand:
29
Our brand is
manufacturer’s brand as we own this brand.
Enhance prestige,
7.4 PRICING
In the broadest sense, price allocates resources in a free-market economy
To the seller...
Price is revenue and profit source.
To the consumer...
Price is the cost of something.
In our business we have decided the prices to be such extent that it fulfils
our cost easily and also attract the customers. For this purpose we have
30
deeply studied the market and carefully decided our products and services
prices.
7.4.1 Revenue
The marketing and promotion strategy of our product is such that we shall
gain our total cost in 6 months period in the form of revenue.
7.4.2 Profit
After 6 months as we have calculated we shall get all our cost and
then will start earning profit from our business.
There are three different types of pricing objectives. They are briefly
explained in following.
Profit-Oriented Pricing
Profit Maximization is mainly focused in this type of strategy.
Satisfactory Profits are gained with this type of pricing. Target Return on
Investment is very important.
Sales-Oriented Pricing
In this type of pricing the share of the product in the market is
increased and sale is maximized.
Now, as our products and services are new to market and people, so
we are applying the sales oriented pricing in our business. According to
31
this strategy, we shall try to maximize our sales through proper marketing of
our products and services and hence capture the more and more market
share for our business
Markup pricing
The cost of buying the product from the producer plus amounts for
profit and for expenses not otherwise accounted for.
Key stoning
The practice of marking up prices by 100%, or doubling the cost.
Profit Maximization Pricing
A method of setting prices that occurs when marginal revenue
equals marginal cost.
Break-Even Pricing
Break-Even Quantity= Total Fixed Costs
Fixed cost Contribution
Target-Return Pricing
Fixed cost Contribution = Price - Avg. Variable Cost
Now in our business all of the above points are taken under consideration
and the pricing of products and services is done. We have adopted all
possible ways in deciding the prices of all products and services.
32
Avoid business with price-cutting discounters
Our strategy is not to deal with price cutting discounters.
In our business, we have found the penetration pricing strategy best for
promotion of our services and products. A pricing policy whereby a firm
charges a relatively low price for a product initially as a way to reach the
mass market.
First of all pricing goals are set. Our main goals are to earn
revenue equal to our cost in first 6 months. So we are setting our prices
in such a way that we achieve our goals. Then after 6 months we can
change our pricing plan.
33
Estimate demand, costs, and profits
At the start of business, the prices set are called base prices. So
base prices are set to be such extent that they may serve as good
attraction to customers.
7.7.1M a k e u p
Complete Bridal Package(Rs 25,000/-)
Engagement (Rs 5000)
Fashion Shows (Rs 3000)
Makeovers (complimentary)
Trials(free)
7.7.2 Ha i r S t y l i n g
Cuts (Rs800)
Styling (Rs 1500)
Permanent Waves( Rs 2500)
Straightening (Rs1000)
Coloring (Rs 500)
Hair Relaxing (Rs 500)
Hair Treatment (Rs 1000)
Blow Dry (Rs 150)
Highlights
Lowlights
7.7.3 F a c i a l s
34
Dermalogical
Isabelle Lancray
High Frequency
Derma tone
Machine Peeling
Back Peeling
Whitening
Aromatherapy
7.7.4 W e i g h t R e d u c t i o n
Machines
Body Transition
Slender Tone
Yoga
Silk Light
(Membership fee: 3000/- per month)
7.7.5 H a i r R e m o v a l
Waxing (Rs 150)
Threading (Rs 150)
Bleach (Rs 500)
Electrolysis (Rs 1000)
IPL Technology(complimentary)
7.7.6 M a s s a g e
Swedish Body Massage (Rs 2000)
Aromatic Body Massage(Rs 3500)
7.8PLACEMENT
o 7.8.1 Location/Site:
35
o 7.8.2 Building Structure:
36
o 7.8.6 SPACE ALLOCATION REGARDING SERVICES:
7.9 PROMOTION
38
Promotional Budget:
Total budget for promotion 20 lac
Budget for electronic media 4.5 lac
Budget for print media 4 lac
Budget for Brand Ambassador 6 lac
Budget for bill boards 5.5 lac
ELECTRONIC MEDIA:
We have selected following channels for our promotional campaign in the
local cable of Faisalabad.
Cable
Channels 5
Cost per day 1000 Rs
No of days 60
Total cost 3 lac
Radio
PRINT MEDIA:
Newspaper
39
The News (Sunday) back page(colored)
Rate 30,000 per day
4 days a month 30,000 x 4= 1.2 lac
Magazines
Akhbar-e-Jahan Centre page (colored)
Rate 30,000 per week
One month rate 30,000 x 4= 1.2 lac
Posters
Amount 10,000
Size of poster (1.5 X 1) ft
Cost per poster 2.20 Rs
Total cost 10,000 X 2.20= .22 lac
Brouchers
Amount 50,000
Size of poster (11 X 8.5) inches
Cost per broucher 1.5 Rs
Total cost 50,000 X 1.5 = 0.75 lac
BILL BOARDS
Size 3 Bill boards (10 X 20)ft
Monthly rate 30,000
No of months 3
Cost 3 x 25,000 x 3=2.25 lac
8. S.W.O.T. ANALYSIS
S: Strengths W: Weaknesses
O: Opportunities T: Threats
S: Strengths:
• Forces of company are very energetic and active, it
works with distributors they get orders from retailers and
give to the company.
41
• Employers of company are highly committed with their
work. They all are hard workers. They are quality
conscious and work in a creative environment dedicated
to products improvement and customer’s current and
future needs.
W: Weaknesses:
O: Opportunities:
T: Threats:
42
The major threat of company is their competitor depilex and Sola Singhar,
which has 70% market; share is sales.
The Hales can break this threat by using effective planning for several
years.
9. Feasibility report
Equipment for
43
• Fitness center Machinery
Motorized tread mill (ROM-116B) 3x47000/-
Elliptical trainer bike (RHB-8000) 4x8400/-
Home gym machine (RHD-4300) 5x25000/-
Luxurious Massage Chair 7x9500/-
Sit up bench (RHD-2810) 2x8000/-
Mini stepper (DM-2620) 3x7000/-
• Entertainment stuff
LCD (46’’LA46A550) 2x195000/-
Laptop (Travelmate4020 3x50, 000/-
Sound system (HT-TX35T) 2x36500/-
Fridge (HM-64M) 2x40000/-
Split air conditioner 4x50000/-
Interior décor 100000/-
• Saloon Equipment
Interior décor 500000/-
Furniture 600000/-
8 1in 1 facial beauty machine 3x30000/-
Facial Steamer 4x20000/-
Hair steamer 4x10000/-
Hair styling chair 10 x 8000/-
Makeup chair 10 x 15000/-
Manicure trolley 3 x 7000/-
Cutting equipment 50000/-
Capes 20x3000/-
• Staff
No of workers 15
Salary 7000/worker
Watchman 5000/-
Driver 5500/driver
No of conveyance 4
Cost of conveyance 800000/-
44
Cost of saloon 1671000/-
Cost of transport 800000/-
Rents (1year) 600000/-
Salaries 132000/-
Cost of promotion& advertisement 2000000/-
45
10.How our saloon looks like
46
Appendix:
47