services retailing presentation.pptx
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All about retailing of servicesTRANSCRIPT
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Presented by:Chhaya Arrawatia (07)Devika Bharadwaj (09)Priya Jain (17)Miheer Khandeparkar (21)Parveen Shabnam (39)Veda Shah (43)Services Retailing: Hospitality INDUSTRYBeginnings and EvolutionANCIENT INDIAGuesthouses
Beginnings and EvolutionAFTER COLONIALISATIONMostly private entrepreneur owned, not by companies
Beginnings and EvolutionAFTER COLONIALISATIONImportant hotels of that period:The Taj Mahal Hotel, BombayThe Grand, CalcuttaThe Savoy, Mussourie
Beginnings and EvolutionPOST INDEPENDENCEGovernment recognised importance of tourism for the economyCompanies, such as Oberoi, adopted franchising practices, introducing international chains
Beginnings and EvolutionTODAYBoth Indian as well as foreign brands have significant presence in the marketSome of the brands present in India are:
Key Statistics: Indian Hotel IndustryAS OF OCTOBER 2013:Market Size: $117.7 billionFDI Inflows (since 2000): $6754.9 millionTotal number of rooms: Over 200,000Average Occupancy: Over 80%Growth in Foreign Tourist Arrivals: 12% (Compared to projected figure of 5-6% for the world)
References:http://sluphconsultant.com/?p=86http://www.ibef.org/industry/tourism-hospitality-india.aspx
Trends (in India)Greater focus on budget hotelsIncrease in medical tourismShifting attention to Tier II and III citiesSpurt of International brandsInnovative Operating ModelsReferences:http://www.researchandmarkets.com/reports/1948962/
TakeawaysCosts must be controlled while providing best-in-class serviceServices offered must be tailored to clienteleServices must differentiate
Key Trends in the Hotel Industry & TakeawaysServicesSERVICES OFFERED BY HOTELSPrimaryAccommodationDiningHousekeeping
Value AddingBusiness CentreParkingConciergeForexSpaOthers
Worth Rs.75000 crores, with growth rate of 7% annuallyMore than 1.5 million outlets (restaurants)Organised: 14%Organised sector growth: 16% annually
Segments of the restaurant industry:Quick Service Restaurants
About the Indian Restaurant Industry
Worth Rs.75000 crores, with growth rate of 7% annuallyMore than 1.5 million outlets (restaurants)Organised: 14%Organised sector growth: 16% annually
Segments of the restaurant industry:Casual Dining Restaurants
About the Indian Restaurant Industry
Worth Rs.75000 crores, with growth rate of 7% annuallyMore than 1.5 million outlets (restaurants)Organised: 14%Organised sector growth: 16% annually
Segments of the restaurant industry:Cafes
About the Indian Restaurant Industry
Worth Rs.75000 crores, with growth rate of 7% annuallyMore than 1.5 million outlets (restaurants)Organised: 14%Organised sector growth: 16% annually
Segments of the restaurant industry:Fine Dining Restaurants
About the Indian Restaurant Industry
Worth Rs.75000 crores, with growth rate of 7% annuallyMore than 1.5 million outlets (restaurants)Organised: 14%Organised sector growth: 16% annually
Segments of the restaurant industry:Pubs, Bars, Clubs, Lounges
About the Indian Restaurant Industry
Trends (in India)Willingness to experiment with various cuisinesAtmosphere as important as food qualityDemand for qualityCreativity with preparation and presentationReferences:http://businesstoday.intoday.in/story/food-and-dining-trends-2012-restaurateurs-to-experiment/1/20952.htmlTakeawaysCompanies must entertain the diner, as well as provide good foodFood quality and variety must be stressedChefs, stewards and other staff must be highly trained
Key Trends in the Restaurant Industry & TakeawaysServicesSERVICES OFFERED BY RESTAURANTSPrimaryDiningBar
Value AddingHome DeliveryBanquetsConferences
Case StudySELECTED COMPANY
American doughnut company and coffeehouse chain16 stores in India, only in the Northern regionCompetition: Starbucks, Krispy KremeProduct types:Hot beveragesIced BeveragesFrozen BeveragesBaked GoodsSandwiches
About Dunkin Donuts
ServicesSERVICES OFFERED BY DUNKIN DONUTSPhysical (Store)Food and Beverage (QSR)Parking
OnlineCoffee/Home Brewing TipsNutrition CatalogHealthier OptionsDDSMARTOnline ShoppingDD Card
Print Ads: Pricing
Print Ads: Nutrition
Print Ads: Popularity
Print Ads: Freshness/Energy
TVCsCommercials
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TakeawaysNo inclination to show a premium natureA down-to-earth, All-American brandFocus instead on the normal everyday for its consumersWorkUsing the trainSpending time with family
PromotionsPromotional Campaigns
Easy Bake Oven
PromotionsPromotional Campaigns
Joe Dunkin
PromotionsPromotional Campaigns
Create DunkinsNext Donut
PromotionsPromotional Campaigns
Movie and Sports TeamSponsorships
PromotionsPromotional Campaigns
Online
FacebookYoutubeBlogCoffee for the average person, for the suburban audience
Started with donuts; hence more variety in baked goods
Gives a no-frills experience, where customer movement is much faster
Lesser consistency in qualityPremium positioning, for the metropolitan audience
Started with coffee; hence more variety in coffees and beverages
Gives a cosy caf atmosphere, where customers spend more time, with free WiFi
Greater consistency in qualityCompetition
Industry ImpactCompany Facts
Largest coffee and baked goods chain (sells more coffee than Starbucks)Sells 1.7 billion cups of coffee globally, every yearOn average, sells more than 30 cups of coffee every second2008 revenue: $5.5 billion
About Dunkin Donuts in India
RecommendationsConsumer Opinions
Takeaways
Maintain variety of coffeeCustomise foods and beverages to Indian palate
RecommendationsConsumer Opinions
Takeaways
Improve quality of coffeeConsider improving presentation of foods and beverages