SlideShare a Scribd company logo
1 of 70
`
Vision
RESARCH
• Small Font.....
• Slide show of pictures....
• Luxury / Premium thing should reach to
customers.......
• Menu tab on website.....
• Inquiry or feedback form.....
• Spa facility.......
Marketing
• Coast ecotel is an intangible service product.
• Segmentation will be on basis of status and
income –affluent upper class.
• Psychographic segmentation - will relate with
people looking for peace and privacy.
• Target customers will be rich and premium
class.
• Positioning is premium luxury resort.
Competitors Analysis
• Competitor like Pearl Resort, Exotica Beach
Resort ,Woodland Resort, Shree Ganesh Beach
Resorts they have good online and offline
presence
• Superior services provided
SWOT
STRENGTH
•Peace and relaxing holiday for the
premium class
• Best Konkani cuisine, adventurous water
sports and various temple worth seeing
•A convinent transportation Network

OPPORTUNITY

WEAKNESS
•Company brand awareness is restricted
•Limited focus on business travellers

THREATS

•Increase in labour cost and other cost
•Increasing competition in the luxury
•Sponsor events
• Travellers looking for different experience resort hotel market
•Potential for a competitive, global brand to
enter the market with a similar product.
Tagline

The luxury of being yourself
INFO CELL (KIND OF BPO)
Process of Info cell
• The technical infrastructure is the most critical and complex. The
customer services call initially goes to MTNL/BSNL and the same is
transferred to 2 hunting lines (on first come first serve basis) at the
customer services centre premises.
• Two nodes of LAN (with computers, telephones with head phones
and tele-conferencing facility, support of the server and Internet
connectivity) will be dedicated to customer care service.
• The entire backup support system consisting of Uninterrupted
Power Supply (for both server and the nodes), Air-conditioning
System and other logistics will be made available to Coast Ecotel.
• The whole technical infrastructure will be owned and maintained by
Coast Ecotel Management.
Skills required of Info Cell







Communication Skills
Attend the call with greetings.
Avoid defensiveness in conversation.
Avoid use of unnecessary and complex words and sentences
Smooth transition in voice
Close call with greetings.






Computer Skills
Basic knowledge of computer applications.
Basic knowledge of Internet.
Sending and Receiving E-mails.
Responsibities of Info cell
•
•
•
•
•
•

Strong networking with every department of organization.
power relation
Power service
Their should be under promise & over delivering
They should know all the toll free numbers
Attending every customer politely with patience & providing with true
information
• Reducing call drops
• It is part of internal branding i.e. generating good will within organisation.
• Improve their productivity & keeping the consistency.
Functioning of the Info cell
•
•
•
•
•

Info sale plays a major role for retaining the customers
85% is need to create a customer & 15% to retained the customer.
They are the medium for carrying out business processes.
They are the mediators
They are one who promotes the company’s latest products and
services
• They also gain customer feedback to analyze the interest of the
customers.
Some solutions to retain the
customers
 Invite complaints
 Appreciating complaints & improving them..
Contd
 Keep it fresh… but familiar
 which sells customisable greetings cards
through its website, relies on the continual
development of its product to keep repeat
business high
Remind customers that you’re there
in frequent communication with
customers, sending out
newsletters, personalised emails and thank
you cards both to individual buyers
‘It’s important to listen to them to find out
what colours and styles are selling well, so you
can tailor the next order to their wishes
Suggestions
•
•
•








offering regularly customer membership cards
connecting through mails, messages etc
Call back facility
CRM software
Understand the customer
Retain customers through better customer experience
Attract new customer
Win new clients and contracts
Increase profitably
Decrease customer management costs
Menu
Five Letters to Our Success

QSCVH
Q
• Q - (Quality) is quality :
“A journey and not a final destination”
And …
“Our commitment to customers through
Quality!”
Quality : Pre-preparation
Maintain Quality and Taste standards.
• Non Storage. Fresh Dough.(Atta making
Machine)
• Standard Recipes and Food
• Vegetables bought from Whole seller or direct
from farm.
• Perishable food : Minimum storage hours
Quality : Preparation
• Quality control check.
• Shelf life
• Vegetables to be in freezer for not more then
2 days, then discarded
Quality : Post preparation
• Customers enjoy :freshest, most authentic
taste of food and establish high degree credit.
And Our commitment.. Quality !
S
S (Service) is the service we promise to deliver
• Includes : Restaurant
comfort, Convenience, Staff attitude.
- Motto ‘Serve with a promise of Good health‘
“Each and every consumer is important”
• Serve hot in 10 minutes of order placed.
Service
Our Staff would be Women/ Mothers .
• Make customers feel Happy and Satisfied.
• Staff training : Skilled Maharashtrain housewives.
C
C (Cleanliness) refers to the health, clean.
"Instead of resting against the wall, it is better to
clean up“
All utensils, crockery, plates, bowls should be
clean properly as well as the working area.
Cleanliness : Kitchen
Strict code of decorum and cleanliness :ensuring
“Hygiene plays a large role in the way the food is
served”
• Kitchen Staff : Extensive precautionary rules
• Sterilized hand sanitizer(bactericidal)
• Wear full covered cloths and Cap for hair.
V
• V (Value) is the value, meaning
“To provide the most valuable high-quality and
healthy food to customers." –
• Nutrient-rich and the price is reasonable.
• In a clean environment + nutritious food
=
“Value for money."
Value : Future
• Constant efforts to provide more to the
customers through various new offers and
introductions in the menu.
“ Giving the City it’s Tradition and Health back”
- Our Pride!
Hygiene
• Hygiene plays an important role in Coast
Ecotel as Hygiene
Delicious delicacies of COAST ECOTEL
Starter

Starter

Main Course

Main Course

Desserts

Cashew
Kothimbir
Wadi

Crispy Prawns

Kaju Usal

Kolambi che
Aambat

Modak

Stuffed
Jackfruit (Dry)

Fish stick in
green Sauce

Jackfruit Masala

Prawns Kalwan

Coconut Barfi

Kanda Bhaji

Crispy Ring
Fried Squid

Birdhe

Malwani Rassa

Piyush

Aluwadi

Tandoori
Lobster

Sprouted beans
in coconut
Masala

Crab Masala/
Stuffed Crab

Chicken
Tandoori/
Kabab/Tikka

Prawns/Chicken
/ Mutton Pickle

Fish Kurkure

Bombil/Surmai/
Halwa/Pomfret
fry
Pricing Strategies
Customer Lifetime Value Calculator
(CLV)

 Long term relationship
 Associating value to a customer
 Acquisition process

• Develop and retain customers
• Directly proportional to satisfaction levels

• Profits generated in the short term shouldn’t not be
the sole focus of the company
16

Profit from referrals
14

12

Profit from reduced operating
costs

10

Sales
(Rs)

Profit from price premium

8

6

Profit from increased
purchases

4

Base Profit

2

0

Category 1

Category 2

Category 3

Category 4
CLV Result
•
•
•
•

Low Acquisition costs
Low Marketing costs
Low Variable Costs
Low Cost of sales

 Increases Value per customer
 Increases Profit

How?
Loyalty
programs &
unmatched
services
Pricing Strategy
Percentage

Pricing Strategy

91%

Flexible rate strategy plus other strategies

43%

Only Flexible rate strategy

39%

Adjust prices daily

26%

Adjust prices weekly

35%

Adjust prices monthly
Establishing Room Rates
Rack rate
(Price ceiling)

Cost, Competition
and Market

Alternative room rate
(Price floor)
Price setting approaches…
• Cost Approach
Illustration:
A. Total Number of Rooms Sold per Year
=Total rooms * Expected occupancy rate * Days in the year
= 11 * 0.85 * 365
= 3412 units/Year
B. Calculate Direct and Indirect Expenses
• Frills
• Staff
• Laundry etc

• Maintenance
• Utility
• Depreciation etc

Adding both gives Hurdle rate, also
knows as Break Even Point
Rs 3000/No profit, No Loss
C. Multiplier Method (1)
Desired Room Cost Percentage:
= Forecasted Total Room Cost / Forecasted Total Room Revenue
= 3000/5000
= 0.6
Rack Rate
= 1/0.6 = 1.66
= 1.66 * 3000 = Rs 4900/-
D. Mark-up Method (Margins)
= 40% margin on costs incurred
= 3000* 1 + 0.40
= Rs 4200/-
• Market Condition Approach
“Charge only what the market will accept”.
Also known as Dynamic Pricing - Adjusting prices continuously to
meet the situation
Commonly used
pricing strategies
• Product bundle
pricing

• Optional product
pricing
Continued…
• Discount
Pricing

• Allowance Pricing:
Reward dealers and intermediaries for participating in
advertising and sales promotion.
Advertisement
Advertisement Plan
Advertisement should be focus on below parameters
1) E commerce
o
o

Make my trip
Yatra.com

2)Print media
o
o

Times of India
Hindustan times
3) Electronic media
o TLC
o NDTV good day
4) Tie up with local tourists agencies
Contd….
• Campaign would be start from September
onwards
• One add would be insert in the news paper on
every Saturday and Sunday ( September to
December )
• We will make 20 second add which will show
each and everything about the Resort
Contd...
• Four advertisement would be running on Saturday
and Sunday
• Time slots would be morning from 8 am to 11 am
and 7 pm to 10 pm
Advertisement Budget
1)

o
o

Print Media
10 lakhs Approx ( September to December )
10 lakhs Approx ( January to August )

2) Electronic Media
o

40 lakhs Approx( September to December )

3) Digital Media
o

10 lakhs Approx ( September to August )
IT
• Online Site maintenance should be given to third party.
• Some add-on features should be included in site such
as
Availability check
Redirecting to booking website
• Effective use of SEO, SEM should be done to promote
the website
• Tie up with Tour guide site like Trip adviser
• Better communication with use of mails and
messaging services.
• Big screens , Play Station , Sensor Systems can
be placed to give luxurious feeling
• 24 hours calling assistance will be provided
Suggestions &Recommendations
• Resort should keep indoor sports like pool

• Resort should create a small park for children
• Fitness Centre and Outdoor relaxation Area can be
provided to the guest
• Resort can start giving guest SPA facilities
• Resort should have conference room for corporate
• Resort should have tie up with transport agencies
for providing the guest with bus facilities
• High-speed Internet should be made available at
resort’s hotels with Wireless technology.
• Resort should outsource their routine operations
Coast ecotel

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Coast ecotel

  • 1. `
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  • 6. • Slide show of pictures....
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  • 10. • Luxury / Premium thing should reach to customers.......
  • 11.
  • 12. • Menu tab on website.....
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  • 14. • Inquiry or feedback form.....
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  • 19. • Coast ecotel is an intangible service product. • Segmentation will be on basis of status and income –affluent upper class. • Psychographic segmentation - will relate with people looking for peace and privacy. • Target customers will be rich and premium class. • Positioning is premium luxury resort.
  • 20. Competitors Analysis • Competitor like Pearl Resort, Exotica Beach Resort ,Woodland Resort, Shree Ganesh Beach Resorts they have good online and offline presence • Superior services provided
  • 21. SWOT STRENGTH •Peace and relaxing holiday for the premium class • Best Konkani cuisine, adventurous water sports and various temple worth seeing •A convinent transportation Network OPPORTUNITY WEAKNESS •Company brand awareness is restricted •Limited focus on business travellers THREATS •Increase in labour cost and other cost •Increasing competition in the luxury •Sponsor events • Travellers looking for different experience resort hotel market •Potential for a competitive, global brand to enter the market with a similar product.
  • 22. Tagline The luxury of being yourself
  • 23. INFO CELL (KIND OF BPO)
  • 24. Process of Info cell • The technical infrastructure is the most critical and complex. The customer services call initially goes to MTNL/BSNL and the same is transferred to 2 hunting lines (on first come first serve basis) at the customer services centre premises. • Two nodes of LAN (with computers, telephones with head phones and tele-conferencing facility, support of the server and Internet connectivity) will be dedicated to customer care service. • The entire backup support system consisting of Uninterrupted Power Supply (for both server and the nodes), Air-conditioning System and other logistics will be made available to Coast Ecotel. • The whole technical infrastructure will be owned and maintained by Coast Ecotel Management.
  • 25. Skills required of Info Cell       Communication Skills Attend the call with greetings. Avoid defensiveness in conversation. Avoid use of unnecessary and complex words and sentences Smooth transition in voice Close call with greetings.     Computer Skills Basic knowledge of computer applications. Basic knowledge of Internet. Sending and Receiving E-mails.
  • 26. Responsibities of Info cell • • • • • • Strong networking with every department of organization. power relation Power service Their should be under promise & over delivering They should know all the toll free numbers Attending every customer politely with patience & providing with true information • Reducing call drops • It is part of internal branding i.e. generating good will within organisation. • Improve their productivity & keeping the consistency.
  • 27. Functioning of the Info cell • • • • • Info sale plays a major role for retaining the customers 85% is need to create a customer & 15% to retained the customer. They are the medium for carrying out business processes. They are the mediators They are one who promotes the company’s latest products and services • They also gain customer feedback to analyze the interest of the customers.
  • 28. Some solutions to retain the customers  Invite complaints  Appreciating complaints & improving them..
  • 29. Contd  Keep it fresh… but familiar  which sells customisable greetings cards through its website, relies on the continual development of its product to keep repeat business high
  • 30. Remind customers that you’re there in frequent communication with customers, sending out newsletters, personalised emails and thank you cards both to individual buyers ‘It’s important to listen to them to find out what colours and styles are selling well, so you can tailor the next order to their wishes
  • 31. Suggestions • • •        offering regularly customer membership cards connecting through mails, messages etc Call back facility CRM software Understand the customer Retain customers through better customer experience Attract new customer Win new clients and contracts Increase profitably Decrease customer management costs
  • 32. Menu
  • 33. Five Letters to Our Success QSCVH
  • 34. Q • Q - (Quality) is quality : “A journey and not a final destination” And … “Our commitment to customers through Quality!”
  • 35. Quality : Pre-preparation Maintain Quality and Taste standards. • Non Storage. Fresh Dough.(Atta making Machine) • Standard Recipes and Food • Vegetables bought from Whole seller or direct from farm. • Perishable food : Minimum storage hours
  • 36. Quality : Preparation • Quality control check. • Shelf life • Vegetables to be in freezer for not more then 2 days, then discarded
  • 37. Quality : Post preparation • Customers enjoy :freshest, most authentic taste of food and establish high degree credit. And Our commitment.. Quality !
  • 38. S S (Service) is the service we promise to deliver • Includes : Restaurant comfort, Convenience, Staff attitude. - Motto ‘Serve with a promise of Good health‘ “Each and every consumer is important” • Serve hot in 10 minutes of order placed.
  • 39. Service Our Staff would be Women/ Mothers . • Make customers feel Happy and Satisfied. • Staff training : Skilled Maharashtrain housewives.
  • 40. C C (Cleanliness) refers to the health, clean. "Instead of resting against the wall, it is better to clean up“ All utensils, crockery, plates, bowls should be clean properly as well as the working area.
  • 41. Cleanliness : Kitchen Strict code of decorum and cleanliness :ensuring “Hygiene plays a large role in the way the food is served” • Kitchen Staff : Extensive precautionary rules • Sterilized hand sanitizer(bactericidal) • Wear full covered cloths and Cap for hair.
  • 42. V • V (Value) is the value, meaning “To provide the most valuable high-quality and healthy food to customers." – • Nutrient-rich and the price is reasonable. • In a clean environment + nutritious food = “Value for money."
  • 43. Value : Future • Constant efforts to provide more to the customers through various new offers and introductions in the menu. “ Giving the City it’s Tradition and Health back” - Our Pride!
  • 44. Hygiene • Hygiene plays an important role in Coast Ecotel as Hygiene
  • 45. Delicious delicacies of COAST ECOTEL Starter Starter Main Course Main Course Desserts Cashew Kothimbir Wadi Crispy Prawns Kaju Usal Kolambi che Aambat Modak Stuffed Jackfruit (Dry) Fish stick in green Sauce Jackfruit Masala Prawns Kalwan Coconut Barfi Kanda Bhaji Crispy Ring Fried Squid Birdhe Malwani Rassa Piyush Aluwadi Tandoori Lobster Sprouted beans in coconut Masala Crab Masala/ Stuffed Crab Chicken Tandoori/ Kabab/Tikka Prawns/Chicken / Mutton Pickle Fish Kurkure Bombil/Surmai/ Halwa/Pomfret fry
  • 47. Customer Lifetime Value Calculator (CLV)  Long term relationship  Associating value to a customer  Acquisition process • Develop and retain customers • Directly proportional to satisfaction levels • Profits generated in the short term shouldn’t not be the sole focus of the company
  • 48. 16 Profit from referrals 14 12 Profit from reduced operating costs 10 Sales (Rs) Profit from price premium 8 6 Profit from increased purchases 4 Base Profit 2 0 Category 1 Category 2 Category 3 Category 4
  • 49. CLV Result • • • • Low Acquisition costs Low Marketing costs Low Variable Costs Low Cost of sales  Increases Value per customer  Increases Profit How? Loyalty programs & unmatched services
  • 50. Pricing Strategy Percentage Pricing Strategy 91% Flexible rate strategy plus other strategies 43% Only Flexible rate strategy 39% Adjust prices daily 26% Adjust prices weekly 35% Adjust prices monthly
  • 51. Establishing Room Rates Rack rate (Price ceiling) Cost, Competition and Market Alternative room rate (Price floor)
  • 52. Price setting approaches… • Cost Approach Illustration: A. Total Number of Rooms Sold per Year =Total rooms * Expected occupancy rate * Days in the year = 11 * 0.85 * 365 = 3412 units/Year
  • 53. B. Calculate Direct and Indirect Expenses • Frills • Staff • Laundry etc • Maintenance • Utility • Depreciation etc Adding both gives Hurdle rate, also knows as Break Even Point Rs 3000/No profit, No Loss
  • 54. C. Multiplier Method (1) Desired Room Cost Percentage: = Forecasted Total Room Cost / Forecasted Total Room Revenue = 3000/5000 = 0.6 Rack Rate = 1/0.6 = 1.66 = 1.66 * 3000 = Rs 4900/-
  • 55. D. Mark-up Method (Margins) = 40% margin on costs incurred = 3000* 1 + 0.40 = Rs 4200/-
  • 56. • Market Condition Approach “Charge only what the market will accept”. Also known as Dynamic Pricing - Adjusting prices continuously to meet the situation
  • 57. Commonly used pricing strategies • Product bundle pricing • Optional product pricing
  • 58. Continued… • Discount Pricing • Allowance Pricing: Reward dealers and intermediaries for participating in advertising and sales promotion.
  • 60. Advertisement Plan Advertisement should be focus on below parameters 1) E commerce o o Make my trip Yatra.com 2)Print media o o Times of India Hindustan times
  • 61. 3) Electronic media o TLC o NDTV good day 4) Tie up with local tourists agencies
  • 62. Contd…. • Campaign would be start from September onwards • One add would be insert in the news paper on every Saturday and Sunday ( September to December ) • We will make 20 second add which will show each and everything about the Resort
  • 63. Contd... • Four advertisement would be running on Saturday and Sunday • Time slots would be morning from 8 am to 11 am and 7 pm to 10 pm
  • 64. Advertisement Budget 1) o o Print Media 10 lakhs Approx ( September to December ) 10 lakhs Approx ( January to August ) 2) Electronic Media o 40 lakhs Approx( September to December ) 3) Digital Media o 10 lakhs Approx ( September to August )
  • 65. IT
  • 66. • Online Site maintenance should be given to third party. • Some add-on features should be included in site such as Availability check Redirecting to booking website • Effective use of SEO, SEM should be done to promote the website • Tie up with Tour guide site like Trip adviser
  • 67. • Better communication with use of mails and messaging services. • Big screens , Play Station , Sensor Systems can be placed to give luxurious feeling • 24 hours calling assistance will be provided
  • 68. Suggestions &Recommendations • Resort should keep indoor sports like pool • Resort should create a small park for children • Fitness Centre and Outdoor relaxation Area can be provided to the guest • Resort can start giving guest SPA facilities
  • 69. • Resort should have conference room for corporate • Resort should have tie up with transport agencies for providing the guest with bus facilities • High-speed Internet should be made available at resort’s hotels with Wireless technology. • Resort should outsource their routine operations