Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Home Solutions (2)

117 views

Published on

  • Be the first to comment

  • Be the first to like this

Home Solutions (2)

  1. 1. Home Solutions BY: ZAIN SHAHID 17266 ZUBAIR AHMED 22227 AWAIS KHATRI MUDASSIR SOHAIL 17262 ABDULLAH HANIF 17776
  2. 2. Idea Behind Home Solutions + = + + +
  3. 3. How Home Solutions dealt with Red Ocean Problems Blue Ocean • Multiple Services Offering • Standardized Service Charges • Maintaining Work quality • Security assurance • High Quality Parts installation Only Blue Ocean • Single Service Offering • Time Hurdle • Un-Standardized Service Charges • Variation in Quality of Work • Security Issues • Low quality parts installation Red Ocean
  4. 4. Four Action Framework for Blue Ocean of Home Solutions Eliminate Inappropriate Tools Non-availability of Parts Raise Trustworthiness Accessibility Quality of Work Reduce Stress Service Lead Time Hazzlement Create Standardized Pricing One window solutions Product Offering (packages) Dress Code
  5. 5. 6 Key Principles of Blue Ocean of Home Solution ➢Different domains merged under single domain ➢Creating loyalty and increasing business volume in terms of revenue ➢Increasing demand through multiple offerings ➢High customer satisfaction through core idea ➢The value itself creates differentiation and low cost ➢Managing supply and demand hurdle.
  6. 6. Blue Ocean Strategy Triangle of Home Solution Value Proposition Profit Proposition People Proposition
  7. 7. Value Proposition ❖Multiple offerings under one platform ❖Higher customer satisfaction through offering and fulfilling multiple customer needs ❖Targeting people, who have time and quality constraints
  8. 8. Profit Proposition ❖ Home Solutions would be expecting profits in the long period because cost would be higher at the initial stage ❖ Profit would not be calculated on the basis of customers but on the basis of overall volume of business ❖ Home Solutions would not take undue advantage by mean of charging higher offering prices
  9. 9. People Proposition ❖ Embedding the true perception in the minds of internal customers about Home Solutions ❖ Clear mindset of internal customers would initiate, communicate and deliver the value proposition to external customers ❖ Rewards to the internal customers would be provided purely on the basis of merit and discount offers should be given to the valuable customers on the basis of total profits
  10. 10. THANK YOU Thanks ☺

×