wedding event management
TRANSCRIPT
Welcome to our
Presentation
Name OF Group
Members
Name ID IntakeTousif Abdullah Autul
10112101059 24th
Shajia Afrin 10112101072 24th
Walid Been Rahman
10112101081 24th
Farid Uddin Bhuiyan
10112101082 24th
Sheikh Sanjida Afrin
10112101084 24th
Our Business Name
AMALGAMATIONA Wedding Consultant & Management
Organization
www.amalgamation.com.bdContact- 01676417371,
01675311553
Sheikh Sanjida Afrin ID: 10112101084
AMALGAMATION WEDDING CONSULTANTS AND MANAGEMENT ORGANIZATION IS A FULL SERVICE COMPANY THAT PROVIDES COMPLETE CONSULTING SERVICES FOR WEDDINGS, ANNIVERSARIES, AND HONEYMOONS. OUR CONSULTANTS ARE EXPERIENCED AND DEDICATED PROFESSIONALS WITH MANY YEARS OF WEDDING PLANNING EXPERIENCE. AMALGAMATION IS UNIQUE IN THAT WE GIVE OUR CLIENTS OUR UNDIVIDED ATTENTION. WE LISTEN TO THEIR NEEDS AND WORK WITH THEM TO CREATE THE EVENT OF THEIR DREAMS SO THAT THEIR MONEY BECOMES AN INVESTMENT FOR THEM AND NOT A WASTE FOR US. AS WE ARE A TOTALLY NEW SERVICE PROVIDING ORGANIZATION, THE MARKET SEGMENTATION AND OUR TARGET MARKET IS SELECTED AFTER CONSIDERING ALL THE PEOPLE IN GENERAL AT FIRST AND THEN THEY WERE CATEGORIZED BY MAJOR SEGMENTS. THESE SEGMENTS WILL BE INCREASED IN THE FUTURE CONSIDERING THE MARKET DESIRES.
Introduction
OBJECTIVES:
Ensure the full consultancy & management to our clients about
their wedding.
To help our clients making their wedding stress free.
To highlight our Bangladeshi culture & tradition to the new
generation.
To spread our culture of wedding not only in our own country but
also all over the world. So that they can pick up our cultural
wedding theme.
KEYS TO SUCCESS: The keys to our success are as follows:
1. Provide service to our clients promptly and
efficiently.
2. Maintain excellent working relationships with
vendors such as caterings, florists, hair
salons and bridal shops.
3. Maintain a professional image all times at any
cost.
4. Unity among owners.
5. Our honesty towards our business.
SERVICE-Wedding Venues
- Wedding Themes
- Wedding Photography & Cinematography
- Wedding Shopping Guide
- Wedding Jewelers
- Wedding Invitation Card
- Wedding Entertainment
- Wedding Music
-Wedding Mithai Sweets decoration
- Flower Decoration
- Choosing the Caterer
FINANCING
FINANCING
We estimate that our start-up costs will be Tk.10,00,000 (including legal costs, logo design, advertising, direct mail, and related expenses).
An additional Tk.5,00,000 will be required in the bank account as an operating capital for the first two months of operation. The start-up costs are to be financed in equal portions by the owners' personal funds (i.e Walid Been Rahman, Md.Farid Uddin Bhuian, Tousif Abdullah Autul , Sheikh Sanjida Afrin, and Shajia Afrin are investing Tk.1,00,000 each).
Start Up Business
Expen
ses
Asset
s
Inve
stmen
ts
Loan
s0
200,000
400,000
600,000
800,000
1,000,000
Start Up
Start Up
Figure: Estimate Cost
Shajia Afrin ID:
10112101072
SEGMENTATION
There are many types of event organization in the market and these are highly competitive with each other. These markets have different types of events to do. Here we have two types of market segmentation
Individual market segmentationcorporative market segmentation.
INDIVIDUAL MARKET
SEGMENTATION
In the individual market segmentation we have birthday parties, wedding, honeymoons, receptions, and anniversary.
CORPORATE MARKET SEGMENTATION
In corporate market segmentation there are many different types of events. They organize different types of concert, work shop, official meeting arrangement, convocation, traveling management, festival etc.
TARGET MARKET
All the above of these market or events, we select our target to organize wedding management, because in Bangladesh the wedding ceremony is rapidly growing rather than all other festivals or occasions, but there are few lacking of wedding management organizations. In that case, we decide to launch new business organizations on wedding management and hope to reach the goal within a short time and also develop the Bangladeshi traditional wedding management system through a modern way that should our reflect culture and also create a positive effect on it.
Tousif Abdullah Autul ID: 10112101059
FEES AND PACKAGES
We also offer our vendors some packages for each event like:
Platinum Package – This package’s budget here starts from Tk. 10,00,000 and more. Here we will provide the clients - Wedding Venues, Wedding Themes, Wedding Photography & Cinematography, Wedding Mithai Sweets, Dala & Flower Decoration, Wedding Music, Wedding Shopping Guide, Wedding Jewelers, Wedding Invitation Card, and Wedding Entertainment, Choosing the Caterer.
Gold Package – In this package we offer Wedding Venues, Wedding Photography & Cinematography, Wedding Mithai Sweets, Dala & Flower Decoration, Wedding Music, Wedding Jewelers and Wedding Entertainment, Choosing the Caterer and the budget here starts from Tk.7,00,000.
FEES AND PACKAGES
Silver Package – In this package we offer Wedding Venues, Wedding Photography & Cinematography, Wedding Mithai Sweets, Dala & Flower Decoration, Choosing the Caterer and the budget here starts from Tk.3,00,000.
FEES AND PACKAGES
Farid Uddin Bhuiyan ID: 10112101082
STRUCTURE OF MANAGEMENT
PROMOTION
The company's promotional sales strategy will be based on the following elements:
Advertising in the FacebookPlacing advertisements in the local press, including The
Prothom Alo, The Daily Star and The Independent, The
Bangladesh Protidin etc.Developing affiliate relationships with other service providers
(florists, hair stylists, caterers) that would receive a percentage
of sales to the referred customers. Word of mouth referrals - generating sales leads in the local
community through customer referrals. Seasonal discount offers.Offering limited time package up gradation. We will also promote our business through our
official web site.
Our Official Website
Walid Been Rahman
ID: 10112101081
SWOT ANALYSIS
Strengths
We have an experienced team with high motivation level
We use an online event management solution
We streamline your administrative workload
We have effective event promotion tools
MARKET ANALYSIS
Porter’s five models:
Competitive Rivalry is low for this sector because of different
strategies by different organizations and low exit barriers in the
market.
Threat of new entrants is high because of low entry barriers.
Threat of substitutes is still low because this business has not
been enormously in style yet in Bangladesh.
Bargaining power of suppliers is low because there are a lot of
suppliers in the market.
Buyer’s bargaining power is low because, there are only a few
professional event management consultants.
CONCLUSION
The fast pace of the world we live in leaves little time for extra things we would like to do, like plan events, parties, and social get-togethers. Occasions fills the need by being available to take on the burden of planning so that people can spend time on more important things, like family and friends. So they need a helping hand which will be given to them by “Amalgamation Wedding Consultants and Management Organization”. It is their money and our commitment; together we will create magic where each moment will be magical. Because we believe what others can do good, we can do it better and what others can do better we can do it the best and obviously in a cost effective way.
Thank you For being with US!!
Have you any Question ???