NAME OF FIRM: LUSTROUS PEARL EVENTS
INDUSTRY ANALYSIS:
o The event industry is a dynamic and growing sector that caters to various
occasions, including corporate events, weddings, conferences, and social
gatherings.
o The event management industry is experiencing steady growth due to
increasing demand for professionally planned and executed events
o It offers opportunities for creativity, planning, and providing memorable
experiences.
o The industry is highly competitive, with numerous event companies offering a
range of services.
Services offered by Lustrous Pearl Event:
1. Event Planning and Management: This includes overall event
conceptualization, budgeting, venue selection, vendor coordination,
logistics management, and on-site event supervision.
2. Venue Selection and Management: Helping clients find the perfect
venue for their event and managing all aspects related to the venue,
such as contracts, permits, layout design, and setup.
3. Event Design and Decor: Creating a visually appealing and cohesive
event atmosphere through design elements such as lighting, floral
arrangements, stage setups, furniture, props, and signage.
4. Catering and Food Services: Collaborating with caterers to plan menus,
coordinate food and beverage services, and ensure a delightful dining
experience for event attendees.
5. Audio-Visual Production: Providing sound systems, lighting equipment,
projection screens, and other audio-visual solutions for presentations,
performances, and entertainment.
6. Entertainment and Talent Booking: Sourcing and booking performers,
musicians, DJs, speakers, emcees, and other entertainment options that
align with the event theme and client preferences.
7. Event Marketing and Promotion: Assisting with event branding,
marketing strategies, social media management, ticketing, and public
relations to ensure maximum attendance and engagement.
8. Event Technology and Production: Offering advanced event technologies
such as live streaming, virtual reality, event apps, registration systems,
and audience engagement tools.
9. Event Staffing: Providing event staff, including ushers, registration
personnel, security personnel, event coordinators, and other support
staff to ensure smooth event operations.
10.Post-Event Evaluation and Analysis: Conducting post-event surveys,
collecting feedback, and analysing data to measure event success and
identify areas for improvement.
Target customers and the reasons for its selection:
1. Corporations and Businesses: Event companies often target corporate clients who
require professional event planning and management services. This includes
businesses of all sizes, ranging from small startups to large multinational
corporations. Corporate clients may seek event services for product launches,
conferences, seminars, team-building activities, corporate retreats, gala dinners, and
corporate celebrations.
2. Nonprofit Organizations: Nonprofit organizations often require event services for
fundraising galas, charity events, awareness campaigns, and community engagement
initiatives. Event companies can cater to the specific needs of nonprofit clients,
providing services that align with their mission and values.
3. Government and Public Sector: Government agencies and public sector
organizations frequently organize events such as conferences, exhibitions, trade
shows, public forums, and community events. Event companies can target these
clients by offering specialized event planning services tailored to the unique
requirements of the public sector.
4. Individuals and Social Events: Event companies also serve individuals planning social
events, such as weddings, birthdays, anniversaries, baby showers, and private
parties. This segment includes individuals seeking professional assistance to manage
and coordinate their personal events.
5. Educational Institutions: Colleges, universities, and schools often host events such as
graduation ceremonies, alumni gatherings, seminars, workshops, and campus events.
Event companies can target educational institutions to provide event planning
services that cater to their specific needs and requirements.
6. Associations and Professional Organizations: Professional associations, industry
groups, and trade organizations frequently organize conferences, seminars,
networking events, and industry exhibitions. Event companies can target these
organizations by offering specialized event management services tailored to their
industry and audience.
Reasons:
Corporate clients and organizations often have higher budgets and require professional
event management services due to the complexity and scale of their events. Nonprofit
organizations may benefit from event companies that understand their specific needs and
can create impactful events aligned with their cause. Individual clients seek convenience,
expertise, and stress-free event planning for their personal celebrations. Educational
institutions and associations often require specialized event management expertise and
industry knowledge.
Location and reason for its selection:
Location – Hyderabad, Telangana
Layout of the premises:
1. Reception Area: This is the entry point of the event company's premises and serves
as a welcoming space for clients, guests, and visitors. It includes a reception desk or
counter, seating area, and possibly a display area for promotional materials.
2. Office Spaces: These are dedicated areas for the administrative and management
staff. It includes individual offices or workstations for employees, meeting rooms for
client consultations and team discussions, and a central area for collaborative work.
3. Design and Creative Department: If the event company offers in-house design
services, there should be a separate department dedicated to creative work. This
area can include design studios, workstations equipped with design software, and a
materials library for inspiration.
4. Event Planning and Coordination: This section of the premises is where event
planners and coordinators work. It includes workstations or cubicles, whiteboards or
bulletin boards for event planning, and storage space for event-related documents
and materials.
5. Production and Operations: This area is dedicated to event production and
operations. It may include a warehouse or storage space for event equipment, a
workshop for assembling and maintaining equipment, and a staging area for event
setups and testing.
6. Audio-Visual and Technical Support: If the event company provides audio-visual
services, a dedicated area is needed for equipment storage, maintenance, and
testing. This area may also include a control room or a technical booth for managing
event sound, lighting, and visuals.
7. Sample Room or Showroom: Some event companies have a dedicated space to
showcase their previous work and event setups. This area can be designed as a
sample room or showroom to impress clients and give them a glimpse of the
company's capabilities.
8. Break Room and Facilities: It's essential to have a designated break room or staff
lounge area where employees can relax, have meals, and take breaks. This area can
include a kitchenette, seating area, and restrooms for staff members.
9. Storage Areas: Event companies require storage space for event materials, props,
decorations, furniture, and equipment. It is important to allocate sufficient storage
areas or closets to keep these items organized and easily accessible.
10. Outdoor Space: If the event company hosts outdoor events or requires space for
event setup and testing, an outdoor area or yard can be included in the layout. This
space can also be used for parking if needed.
lustrous pearl event.docx

lustrous pearl event.docx

  • 1.
    NAME OF FIRM:LUSTROUS PEARL EVENTS INDUSTRY ANALYSIS: o The event industry is a dynamic and growing sector that caters to various occasions, including corporate events, weddings, conferences, and social gatherings. o The event management industry is experiencing steady growth due to increasing demand for professionally planned and executed events o It offers opportunities for creativity, planning, and providing memorable experiences. o The industry is highly competitive, with numerous event companies offering a range of services.
  • 2.
    Services offered byLustrous Pearl Event: 1. Event Planning and Management: This includes overall event conceptualization, budgeting, venue selection, vendor coordination, logistics management, and on-site event supervision. 2. Venue Selection and Management: Helping clients find the perfect venue for their event and managing all aspects related to the venue, such as contracts, permits, layout design, and setup. 3. Event Design and Decor: Creating a visually appealing and cohesive event atmosphere through design elements such as lighting, floral arrangements, stage setups, furniture, props, and signage. 4. Catering and Food Services: Collaborating with caterers to plan menus, coordinate food and beverage services, and ensure a delightful dining experience for event attendees. 5. Audio-Visual Production: Providing sound systems, lighting equipment, projection screens, and other audio-visual solutions for presentations, performances, and entertainment. 6. Entertainment and Talent Booking: Sourcing and booking performers, musicians, DJs, speakers, emcees, and other entertainment options that align with the event theme and client preferences. 7. Event Marketing and Promotion: Assisting with event branding, marketing strategies, social media management, ticketing, and public relations to ensure maximum attendance and engagement.
  • 3.
    8. Event Technologyand Production: Offering advanced event technologies such as live streaming, virtual reality, event apps, registration systems, and audience engagement tools. 9. Event Staffing: Providing event staff, including ushers, registration personnel, security personnel, event coordinators, and other support staff to ensure smooth event operations. 10.Post-Event Evaluation and Analysis: Conducting post-event surveys, collecting feedback, and analysing data to measure event success and identify areas for improvement. Target customers and the reasons for its selection: 1. Corporations and Businesses: Event companies often target corporate clients who require professional event planning and management services. This includes businesses of all sizes, ranging from small startups to large multinational corporations. Corporate clients may seek event services for product launches, conferences, seminars, team-building activities, corporate retreats, gala dinners, and corporate celebrations. 2. Nonprofit Organizations: Nonprofit organizations often require event services for fundraising galas, charity events, awareness campaigns, and community engagement initiatives. Event companies can cater to the specific needs of nonprofit clients, providing services that align with their mission and values. 3. Government and Public Sector: Government agencies and public sector organizations frequently organize events such as conferences, exhibitions, trade shows, public forums, and community events. Event companies can target these clients by offering specialized event planning services tailored to the unique requirements of the public sector. 4. Individuals and Social Events: Event companies also serve individuals planning social events, such as weddings, birthdays, anniversaries, baby showers, and private
  • 4.
    parties. This segmentincludes individuals seeking professional assistance to manage and coordinate their personal events. 5. Educational Institutions: Colleges, universities, and schools often host events such as graduation ceremonies, alumni gatherings, seminars, workshops, and campus events. Event companies can target educational institutions to provide event planning services that cater to their specific needs and requirements. 6. Associations and Professional Organizations: Professional associations, industry groups, and trade organizations frequently organize conferences, seminars, networking events, and industry exhibitions. Event companies can target these organizations by offering specialized event management services tailored to their industry and audience. Reasons: Corporate clients and organizations often have higher budgets and require professional event management services due to the complexity and scale of their events. Nonprofit organizations may benefit from event companies that understand their specific needs and can create impactful events aligned with their cause. Individual clients seek convenience, expertise, and stress-free event planning for their personal celebrations. Educational institutions and associations often require specialized event management expertise and industry knowledge. Location and reason for its selection: Location – Hyderabad, Telangana Layout of the premises: 1. Reception Area: This is the entry point of the event company's premises and serves as a welcoming space for clients, guests, and visitors. It includes a reception desk or counter, seating area, and possibly a display area for promotional materials.
  • 5.
    2. Office Spaces:These are dedicated areas for the administrative and management staff. It includes individual offices or workstations for employees, meeting rooms for client consultations and team discussions, and a central area for collaborative work. 3. Design and Creative Department: If the event company offers in-house design services, there should be a separate department dedicated to creative work. This area can include design studios, workstations equipped with design software, and a materials library for inspiration. 4. Event Planning and Coordination: This section of the premises is where event planners and coordinators work. It includes workstations or cubicles, whiteboards or bulletin boards for event planning, and storage space for event-related documents and materials. 5. Production and Operations: This area is dedicated to event production and operations. It may include a warehouse or storage space for event equipment, a workshop for assembling and maintaining equipment, and a staging area for event setups and testing. 6. Audio-Visual and Technical Support: If the event company provides audio-visual services, a dedicated area is needed for equipment storage, maintenance, and testing. This area may also include a control room or a technical booth for managing event sound, lighting, and visuals. 7. Sample Room or Showroom: Some event companies have a dedicated space to showcase their previous work and event setups. This area can be designed as a sample room or showroom to impress clients and give them a glimpse of the company's capabilities. 8. Break Room and Facilities: It's essential to have a designated break room or staff lounge area where employees can relax, have meals, and take breaks. This area can include a kitchenette, seating area, and restrooms for staff members. 9. Storage Areas: Event companies require storage space for event materials, props, decorations, furniture, and equipment. It is important to allocate sufficient storage areas or closets to keep these items organized and easily accessible.
  • 6.
    10. Outdoor Space:If the event company hosts outdoor events or requires space for event setup and testing, an outdoor area or yard can be included in the layout. This space can also be used for parking if needed.