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SITUATIONAL ANALYSIS
Customer
Company
Competitors
• Tamil Nadu market first level ( Chennai and Coimbatore
• 13,000 cr industry, growing at 20% in Tamil Nadu.
• Hassle free marriages to showcase their wealth and pri
• High motivation towards the auspicious once in a life ti
function.
• Rising purchasing power of the people.
• The objective is to sustain in the market , offering state of art
service at the best possible way for a long-lasting
relationship.
• To have a penetrating pricing strategy with widely available
network of vendors offering services.
• Starting a project for High net-worth individual , and to
establish firmly in the market with the credibility gained.
• Offer A-Z services.
• 73 players in Coimbatore doing marriage
events.
• Word of mouth plays a major factor
in converting orders.
• Established their foot in market for
considerable period of time.
PEST ANALYSIS
Political:
Favorable tax policies.
Boon for startup
SMILE and New inspiration fund.
Technology:
> Increasing internet users
> Smartphone penetration
> Attracted towards social media
> Easy connectivity.
Social:
•1000-1000 sex ratio in coimbatore. 1000-936
chennai.
•10000 people per sq km in Coimbatore,
•More diverse and cosmopolitan,
•Human development index is .736.
•Awareness of wedding planners.
•Changing lifestyle of metro dwellers.
Economical:
# Inflation hovering around 6%
# GDP per Capita is 1260$
# Interest rate is 7.25%
# Increasing purchasing power of people
SWOT ANALYSIS
# A startup from budding Coimbatore based
entrepreneurs.
# High network of contacts from tier-1 colleges, schools,
clubs.
# Have prowess skills in doing events bringing together
experience from different wedding planning companies.
# A foray into a saturated market which has 73 players.
# Haven’t garnered credibility in CBE.
# A small team with 4 managing partners.
# Coimbatore based agents network is not strengthened
yet. Possibility of biasness towards the stalwarts in the
industry.
# People who does a simple marriage function are
unaware of the benefits of wedding planners.
# People of Coimbatore spend humongous money on
marriages, but sticks onto their friends and families for
support.
# In Bangalore and Chennai people who does marriage at
2 lac budget also seek wedding planners for hassle free
experience.
# Rising multilingual population in Coimbatore.
# Current players can be a threat for the
business.
# Myth that wedding planners are costly and
unreliable.
# Business plan idea theft by current star
players in the market.
# Star players belittle startups initial stages.
SWOT
COMPETITIVE ANALYSIS
Competitor Product/S
ervice
Price
Locatio
n
Facility Strength Weakness Strategy
Vivahhika • Customized
wedding
décor
• Designer
wedding
garlands
• Wedding
planning
Saibaba
colony
Great
location,
easily
accessible
Great Location &
good website.
One of kind of start
up
Aggressive team
Pumping adrenaline
Great new
decorations
Constrained to doing
only few services.
Outperform with bigger
and innovative plans.
Have a eye for detailing
Social media marketing
Rely on WOM
Lime light
event pro
• Wedding
• Backdrops
• Corporate
events
• Decoratives
• Pro audio
and lighting
• Birthday
parties
• etc
g.p
signal,new
siddhapudu
r,
Coimbatore
- 641 044
Ganapathi,
quite far from
main city
Has done major
events in cbe.
- Is into doing varied
events, and focus on
wedding is minimal.
Goes for affluent target.
OBJECTIVES ( SMART GOALS)
S
• To be one of the top 5 wedding planners in Coimbatore with
motive of social responsibility.
M
• Consistently monitoring the enquiries/conversion that are
through different sources like FB, Website, Magazines,
Referrals and TV.
A
• To have a target of constantly doing 5 marriages M.A in 200 M.A
industry.
R
• A proactive team which consistently follow orders and offer
state of art innovative but in a economical wedding plans.
T
• We will ensure orders 3 months prior to avoid inconsistency.
OUR SERVICES
 Wedding venues
 wedding cards
 beauty & grooming
 mehendi artists
 Jewellery
 Caterers
 fireworks
 astrology & religious services
 Honeymoon packaging
 candid photographers
POSITIONING STRATEGY
 To “ the age group from 18-75 who is looking to get married
their kith and kin in a very joyous and happy way”.
 We exist to adhere to this maxim, and focus on offering
traditional marriage services with modern touch.
 We do end to end wedding services from invitations till
honeymoon packages, first in cbe.
 All nuclear families are opting to go for wedding planning
services as all are busy with work.
OUR BRAND PERSONALITY
Brand
Personali
ty
Happines
s
Joy
Exciteme
nt
Traditionally
modern
Hassle
free
Dependabilit
y
CORPORATE SOCIAL RESPONSIBILITY
 We give tree sapling to everyone who attends
the wedding that we organize
 Our flagship event is eco-friendly marriages
which includes eco friendly materials in
decoration and other services.
 We do wedding services for downtrodden
people as a part of CSR, we will completely
waive wedding service charges and also we
fundraising events.
MEDIA PLANNING
 ATL
 TV ad- Kalayana malai
 Magazines- Manamagal ( highest circulated wedding magazine).
 Social media and website.
 Articles in Hindu and TOI.
 SEO marketing.
 Whatsapp marketing.
TOP PROGRAMMES FOR WEEK 36 TNSTATE/ PONDY
ALL NCCS
Channel Date Day
Start
Time
End
Time Programme
Dur{min
.}
Rat
000s Rat %
Reach
% NGRP TSV
Sun TV 06-09-15 Sunday 7:59 8:30 Kalyanamaalai 31 470 2.03 4.33 2.09 14.46
MEDIA BUDGET
 Aval manamagal magazine – campaign for 3
months (half page ad) 1,00,000*3= 3,00,000
Circulation = 3,50,000 ; page size = 15cm*21cm
 Social media campaign = 50,000
 SEO MARKETING = 20,000
 We are screening the ad in SUN TV’s kalyana
malai show 2times on Sunday’s for 8 weeks (
seasonal based) which will cost 10,000 per
screening and will cost a total of 4,80,000
EXECUTIONAL LAUNCH
 We planned our launch in Matrimony EXPO
in CODISSIA Trade Fair Complex
 Is a 2 day event. The wedding expo in
Coimbatore showcases products of wedding
planning from end to end.
SUCCESS METRICS
 Customer feedback forms.
 Check for monthly growth in website traffic,
lead conversion and reference.
 Discount code will be displayed in ad which
will help to check the success of the ad
campaign.
THANK YOU

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Integrated Marketing Communications- Wedding Planning Industry

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  • 2. SITUATIONAL ANALYSIS Customer Company Competitors • Tamil Nadu market first level ( Chennai and Coimbatore • 13,000 cr industry, growing at 20% in Tamil Nadu. • Hassle free marriages to showcase their wealth and pri • High motivation towards the auspicious once in a life ti function. • Rising purchasing power of the people. • The objective is to sustain in the market , offering state of art service at the best possible way for a long-lasting relationship. • To have a penetrating pricing strategy with widely available network of vendors offering services. • Starting a project for High net-worth individual , and to establish firmly in the market with the credibility gained. • Offer A-Z services. • 73 players in Coimbatore doing marriage events. • Word of mouth plays a major factor in converting orders. • Established their foot in market for considerable period of time.
  • 3. PEST ANALYSIS Political: Favorable tax policies. Boon for startup SMILE and New inspiration fund. Technology: > Increasing internet users > Smartphone penetration > Attracted towards social media > Easy connectivity. Social: •1000-1000 sex ratio in coimbatore. 1000-936 chennai. •10000 people per sq km in Coimbatore, •More diverse and cosmopolitan, •Human development index is .736. •Awareness of wedding planners. •Changing lifestyle of metro dwellers. Economical: # Inflation hovering around 6% # GDP per Capita is 1260$ # Interest rate is 7.25% # Increasing purchasing power of people
  • 4. SWOT ANALYSIS # A startup from budding Coimbatore based entrepreneurs. # High network of contacts from tier-1 colleges, schools, clubs. # Have prowess skills in doing events bringing together experience from different wedding planning companies. # A foray into a saturated market which has 73 players. # Haven’t garnered credibility in CBE. # A small team with 4 managing partners. # Coimbatore based agents network is not strengthened yet. Possibility of biasness towards the stalwarts in the industry. # People who does a simple marriage function are unaware of the benefits of wedding planners. # People of Coimbatore spend humongous money on marriages, but sticks onto their friends and families for support. # In Bangalore and Chennai people who does marriage at 2 lac budget also seek wedding planners for hassle free experience. # Rising multilingual population in Coimbatore. # Current players can be a threat for the business. # Myth that wedding planners are costly and unreliable. # Business plan idea theft by current star players in the market. # Star players belittle startups initial stages. SWOT
  • 5. COMPETITIVE ANALYSIS Competitor Product/S ervice Price Locatio n Facility Strength Weakness Strategy Vivahhika • Customized wedding décor • Designer wedding garlands • Wedding planning Saibaba colony Great location, easily accessible Great Location & good website. One of kind of start up Aggressive team Pumping adrenaline Great new decorations Constrained to doing only few services. Outperform with bigger and innovative plans. Have a eye for detailing Social media marketing Rely on WOM Lime light event pro • Wedding • Backdrops • Corporate events • Decoratives • Pro audio and lighting • Birthday parties • etc g.p signal,new siddhapudu r, Coimbatore - 641 044 Ganapathi, quite far from main city Has done major events in cbe. - Is into doing varied events, and focus on wedding is minimal. Goes for affluent target.
  • 6. OBJECTIVES ( SMART GOALS) S • To be one of the top 5 wedding planners in Coimbatore with motive of social responsibility. M • Consistently monitoring the enquiries/conversion that are through different sources like FB, Website, Magazines, Referrals and TV. A • To have a target of constantly doing 5 marriages M.A in 200 M.A industry. R • A proactive team which consistently follow orders and offer state of art innovative but in a economical wedding plans. T • We will ensure orders 3 months prior to avoid inconsistency.
  • 7. OUR SERVICES  Wedding venues  wedding cards  beauty & grooming  mehendi artists  Jewellery  Caterers  fireworks  astrology & religious services  Honeymoon packaging  candid photographers
  • 8. POSITIONING STRATEGY  To “ the age group from 18-75 who is looking to get married their kith and kin in a very joyous and happy way”.  We exist to adhere to this maxim, and focus on offering traditional marriage services with modern touch.  We do end to end wedding services from invitations till honeymoon packages, first in cbe.  All nuclear families are opting to go for wedding planning services as all are busy with work.
  • 10. CORPORATE SOCIAL RESPONSIBILITY  We give tree sapling to everyone who attends the wedding that we organize  Our flagship event is eco-friendly marriages which includes eco friendly materials in decoration and other services.  We do wedding services for downtrodden people as a part of CSR, we will completely waive wedding service charges and also we fundraising events.
  • 11. MEDIA PLANNING  ATL  TV ad- Kalayana malai  Magazines- Manamagal ( highest circulated wedding magazine).  Social media and website.  Articles in Hindu and TOI.  SEO marketing.  Whatsapp marketing. TOP PROGRAMMES FOR WEEK 36 TNSTATE/ PONDY ALL NCCS Channel Date Day Start Time End Time Programme Dur{min .} Rat 000s Rat % Reach % NGRP TSV Sun TV 06-09-15 Sunday 7:59 8:30 Kalyanamaalai 31 470 2.03 4.33 2.09 14.46
  • 12. MEDIA BUDGET  Aval manamagal magazine – campaign for 3 months (half page ad) 1,00,000*3= 3,00,000 Circulation = 3,50,000 ; page size = 15cm*21cm  Social media campaign = 50,000  SEO MARKETING = 20,000  We are screening the ad in SUN TV’s kalyana malai show 2times on Sunday’s for 8 weeks ( seasonal based) which will cost 10,000 per screening and will cost a total of 4,80,000
  • 13. EXECUTIONAL LAUNCH  We planned our launch in Matrimony EXPO in CODISSIA Trade Fair Complex  Is a 2 day event. The wedding expo in Coimbatore showcases products of wedding planning from end to end.
  • 14. SUCCESS METRICS  Customer feedback forms.  Check for monthly growth in website traffic, lead conversion and reference.  Discount code will be displayed in ad which will help to check the success of the ad campaign.
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