millenium park 2003
TRANSCRIPT
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INDIA S FIRST ROLLERCOASTER
(A DREAM REALIZED)
THE MILLENIUM PARK
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CONTENTS :
INTRODUCTION TO ROLLER COASTERS
FEATURE OF MILLENEUM PARK
CONSTRUCTION COMPANY
FACTS & FIGURES OF THE ROLLER COASTERS
COMPETIVE EDGE
SETUP STRATEGIES :
FINANCIAL PLANNING
TECHNICAL PLANNING
PRICING PLANNING
MARKETING & SALES PLANNING
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INTRODUCTION
Roller Coasters have been the "must ride" attraction at amusement & theme parks
for more than a century. With just one look, it's obvious why roller coasters are
often called "scream machines".
What began as a simple car that rolled down a hill, has evolved into an engineering
marvel. Roller coasters are taller, faster and wilder than ever. The tallest is the size
of a modern skyscraper. The fastest travels at nearly twice the highway speed limit.
So if they're so big and fast, intimidating and scary, then why do we ride roller
coasters?
For thrill-seekers it's a love affair with the excitement a roller coaster offers. The
moment we begin the first descent our body fills with adrenaline creating a "thrill-
seeker high".
For others, a roller coaster is a scary experience. Tackling ones fears despite being
scared is a challenge, that is as rewarding as it is exciting. Whatever the reason,
people love roller coasters and it's no surprise that they are the world's most
popular amusement park ride.
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FEATURES OF MILLENIUM PARK
The Park
Its a beautiful park and the amazing architecture of the
park speaks of nothing else than the beautiful and
ethnic. It has excellent assortment of rides, sparkling
blue water pools, thrilling shows, and six restaurants to
sway you off. And there is round - the - clock
assistance to assist you in each and every step so that
you are at ease while in Milleneum Park.
And then there is the seven story Castle, which is the
wonder of the Milleneum Park . The sprawling lawns
here add to the beauty of the Millenium Park. In the
Milleneum Park there is a fairy castle, a 35-foot fall
from the revolving cave in a water splash boat, a 14,000-sq foot wave pool which
produces giant waves from 10 lakh litres of water. Another major attraction is the
500-seater theatre with a modern musical fountain that leaps in rhythm with
popular film songs The Milleneum Park has a capacity for around 400 people at a
time.
Funs and Rides
Balarama Cave : Computer controlled ride, takes you through the dark and
erring cave. Experience the encounter with witches and wizards and ghosts in
this Balarama Cave.
Wonder Splash : Sit in this log boat and sneek into the mysteries of water.
Have the goose bumps flow inside your skin.
Vintage Tornado : Set in a 40ft high magical castle, this fantastic roller
coaster is one of the myriads of the Milleneum Park. Zooming up and down in
swirls as exciting as anything.
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Cine Magic : Imagine traveling in an old train in a dark, spooky mine or
gliding in the outer space. Its another world here. Maybe you feel like being in
Venus!
Wave Pool : That the ultimate entertainment for the entire family. This water
pool is there for everyone - the kids, young ones and the oldies. It just the time
when you jump in!
Wavy and Vertical Fall : Enjoy the thrill of fast falling down in a gush of
water. And that's a thrilling experience!
Food Court and Bars
There are five of them , the food courts in Veegaland Theme Park:
Valley View Restaurant - Its for the nature lovers. People who love to
eat in the midst of nature - here we have a feast for them!
Vintage Kitchen Restaurant - Mystery looms over here. Just by the
side of Vintage Castle and the Balrama Cave, this restaurant serves NorthIndian, Continental and Chinese; non-vegetarian as well as vegetarian
dishes.
Spice Garden Restaurant - A night around the musical fountain, food
served with the candle - if this is your idea for the dinner, this one is for
you. Special Biriyanis and traditional Kerala snacks are the favourites here.
Wood House Restaurant - Wood Craft Ambiance and the tree house -
now that s the perfect setting for a cool food. Delicious Kerala dishes with
North Indian combination are the speciality of this restaurant.
Waves Restaurant - If you are missing the sea side restaurant, then be
here to experience the same atmosphere. Spicy Biriyanis, yummy
continental foods and fresh juices by the side of the wave pool are the idea
of this restaurant.
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BOLLEGER & MABILLARD
AMUSEMENT PARK
CONSTUCTION COMPANY
Bolliger & Mabillard Consulting Engineers (more commonly known as
B&M) is a roller coasterdesign consultancy based in Monthey,
Switzerland. The company was founded in 1988 by Walter Bolliger and
Claude Mabillard, with Bolliger acting as president and Mabillard as
vice-president.[1] Since 1990, B&M have built over 70 roller coasters
around the world and have pioneered several new ride technologies,
most notably the inverted roller coaster
Bolliger & Mabillard currently have seven different ride styles to choose
from: "stand-up", "inverted", "floorless", "flying", "mega coaster",
"Diving Machine"/"dive-coaster" and "sit-down" roller coasters. The
company has been involved in developing new technologies and
concepts in roller coasters almost since its very inceptionBolliger & Mabillard focuses on more family-friendly roller coasters
that can be easily mass-produced, taken down, and transported to
different locations.
http://en.wikipedia.org/wiki/Roller_coasterhttp://en.wikipedia.org/wiki/Montheyhttp://en.wikipedia.org/wiki/Switzerlandhttp://en.wikipedia.org/wiki/Bolliger_%26_Mabillard#cite_note-0http://en.wikipedia.org/wiki/Inverted_roller_coasterhttp://en.wikipedia.org/wiki/Stand-up_roller_coasterhttp://en.wikipedia.org/wiki/Inverted_roller_coasterhttp://en.wikipedia.org/wiki/Floorless_roller_coasterhttp://en.wikipedia.org/wiki/Flying_roller_coasterhttp://en.wikipedia.org/wiki/Hypercoasterhttp://en.wikipedia.org/wiki/Diving_Machinehttp://en.wikipedia.org/wiki/Roller_coastershttp://en.wikipedia.org/wiki/Roller_coasterhttp://en.wikipedia.org/wiki/Montheyhttp://en.wikipedia.org/wiki/Switzerlandhttp://en.wikipedia.org/wiki/Bolliger_%26_Mabillard#cite_note-0http://en.wikipedia.org/wiki/Inverted_roller_coasterhttp://en.wikipedia.org/wiki/Stand-up_roller_coasterhttp://en.wikipedia.org/wiki/Inverted_roller_coasterhttp://en.wikipedia.org/wiki/Floorless_roller_coasterhttp://en.wikipedia.org/wiki/Flying_roller_coasterhttp://en.wikipedia.org/wiki/Hypercoasterhttp://en.wikipedia.org/wiki/Diving_Machinehttp://en.wikipedia.org/wiki/Roller_coasters -
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PROJECTECT SITE MAP
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FACTS & FIGURES OF THE ROLLER COASTERS
Taller, faster, with multiple thrills: This is the next generation of roller coaster.
New engineering tools, quicker computers and exotic materialsall have allowed
designers to take the industry to the next level .High-tech materials like carbon-
fiber composites opened the door to more sophisticated designs, because they
reduce weight and the resulting stresses on large support structures." Technology
such as the linear induction motors used in The hydraulic launch in accelarator
gives the sensation of flight, and sends riders through loops standing up.
The train is launched by a hydraulic launch mechanism to 128 miles per hour (206
km/h) in 3.5 seconds. At the end of the launch track, the train climbs the main top
hat tower reaching a height of 456 feet (139.5 m). Due to aviation safety concerns,
the tower is equipped with three dual strobes: two midway up , and one on the top.
It also set a record for longest track length - 8133 feet, 2 inches (2479 m), which it
currentlyholds.
The cable lift uses a 800-horsepower motor that turns a set of sprocket gears that
pulls the cable cable lifts were previously only used on smaller coasters in Europe.
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COMPETITIVE EDGE
The high standards set by our company and our location are going to make it very
difficult for competitors to enter and survive in the market area.
I&B Investments research shows that the opportunity exists to provide a high-
quality service in a family-oriented environment, where we can offer competitive
pricing to our customers and still make an outstanding profit in this demanding
market.
The keys to our competitive edge
There are several critical issues based on the lifestyles of the area for our business
to be accepted and survive.
Produce maximum profits, but still able to offer affordable entertainment
Provide the best games/family sports
Great food
Little or no educational curve
Repeat customers/tournaments/enjoyment
Allow space for other retail tenants (reduce overhead)
Do not compete with our tenants for the same dollar Provide activities for a large range of age groups
Unique in design with comfortable ambience
Exciting work environment
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FINANCIAL PLANNING :
Milleneum Park finance structure :
60 % - BANK LOAN
(SBI , HDFC , UNION BANK OF INDIA)
40 % - VENTURE CAPTALIST PRIVATE EQUITY
ICICI VENTURE PRIVATE EQUITY FIRM
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MARKETING & SALES PLANNING
Our customers can come from all age groups, male and female, all races, every
income level and can be local residents or tourists to the area. That is why our
marketing plan started at the construction phase; by keeping in mind, if it looks fun
people will come. Thus the main factor to our success is simply that a person can
enjoy themselves at our center while participating in an activity they choose.
Our full-time public relations manager is a vital part of our management team, by
assuring that customer satisfaction is provided and gathering information from the
public about the types of entertainment most desired. This can provide our
company with the means to stay in touch with the community and ready to meet
their desires.
Advertising mediums used to reach our target markets include television, video,
cinema, radio, print, collateral and brochures, billboards and the Internet. Much of
the focus of our advertising is targeted towards families, but we pride ourselves onhaving a broad appeal, incorporating modern themes, music and vision into our
advertising. This will be seen in our latest television commercials that are available
for viewing on-line. An extensive sales, publicity and promotions program, in both
the domestic and international markets complements this activity. Not only do we
target consumers, but much of our effort is also directed towards ensuring that the
travel industry is kept up-to-date with new promotions and attractions, so that they
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are able to pass on this information to consumers purchasing our theme park
tickets. A number of techniques are employed to do this including sales calls,
newsletters, incentives and in-park familiarisations.
Our Publicity and Promotions team liaise with media encouraging extensive
positive coverage within the domestic and international markets. The parks' host
many television crews including news, lifestyle and entertainment programs and
organise promotions with key domestic and international media and also Corporate
Partners.
Our web sites are an integral component of our Marketing strategy, reinforcing the
brand of each individual park and complementing our offline marketing goals and
objectives.
Other components of our Marketing Program are the successful relationships withour Corporate Partners. Millenium park is proud to be associated with a range of
Corporate Partners, including Coca-Cola and Streets, with whom we undertake
mutually beneficial marketing and promotional activities.
The marketing direction is kept current with the assistance of in-park research via
the collection of information from surveys we distribute to our visitors. This helps
us to find out exactly how our visitors enjoyed their day and what they would like
to see included in the park in the future. We also rely on industry data collected by
leading research companies, to assist us in future planning
PRICING STRATEGY
To establish the following detailed chart, we referred to several factory-pricing
recommendations and the local competition.
The following details our pricing and the # of customers per month that weused for our cash flow projections. These projected numbers are 35% +/- of daily
operation capacity and being open for business 30 days a month . It should also be
noted, there maybe activities planned that are not included in our projections.
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PARTICULARS PriceQuantity
(PER PERSON)
ENTRY TICKET 550/- APPROX13500/month
BALRAMA CAVE 100/- 7,000/month
WONDERSPLASH 150/- 560/month
VINTAGE TORNADO 200/- 600/month
CINE MAGIC 100/- 560/month
WAVE POOL 250/- 1,620/month
VALLEY VIEW RESTAURANT 600000/month
VINTAGE KITCHEN
RESTAURANT56000/month
SPICE GARDEN RESTAURANT 300000/month
Souvenirs Shops 55000/month
WOODEN HOUSE RESTAURANT 240000/month
WAVE RESTAURANT 672000/month
PROMOTION STRATEGY
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Milleneum Park first objective in promoting our center will be to capitalize on the
power of the WORD OF MOUTH.
In every business it is a well-known fact that word-of-mouth advertising is anybusinesses' best friend or worst enemy. Yet, this does not preclude the fact that
announcements, placing advertisements in the local newspapers and our future
planned website are not just as important in reaching new customers and will be
employed as follows:
Advertising
Getting our positioning message to the public, "family recreation," where fun and
customer service is paramount.
New Delhi's State Tourist DeptKeeping them aware of our center and all current promotions.
Go-cart Track Signs
Local businesses can buy sign footage and have their signs placed around the track
like you would see around any race track.
Highway & Site Signs
Self explanatory.
Sales Brochure
Informing the public of all the activities found and offered at the center.
SALE STRATEGY
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Milleneum Park intends on providing a venue in which the entire family can really
enjoy their leisure time by participating in fun and competitive activities that
require minimum strength and athletic ability. Supported with great serviceand offered at competitive prices we have the winning combination.
At our facilities the value of entertainment experience that our customers receives
would be considered high compared to per dollar spent ("Biggest bang for your
buck" or "You get your moneys worth"), and by providing the best in the area, our
management team expects to reach an even broader market than used for our cash
flow projections.
Our sales strategy is set on the very basics of business, please our customers and
they will return again and again.
BUSINESS COMMUNICATION
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A PLAN PRESENTATION
ON
INDIAS FIRST ROLLER COASTER THEME PARK
SUBMITTED TO :
MS. SUMITRA
SUBMITTED BY :
SHUBHAM PARASHAR
NISHAT PARVEEN KHAN
ABHISHEK SHUKLA
GAUTAM GUPTA
(MBA IB) FIRST SEMESTER
AMITY LUCKNOW UNIVERSITY