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Apart from the efforts by us, the success of any project depends largely on the encouragement and guidelines of our professor therefore we would like to show our greatest appreciation to Prof. RAHUL CHOPRA. Without His encouragement and guidance this project would not have been possible. We would also like to thank our principal Ms. Manju Nichani and our Head of Department Mr. Kailash Chandak.
Introduction Vision Mission Market segmentation Startup requirements Personnel plan Financial plan 8 Ps Innovations Profit Projection SWOT analysis Itinerary Conclusion
To become the foremost name in India, out of the box travel ideas and travel consulting in India.
To consistently deliver top notch travel concepts and tours which leave the travelers with an unparalleled experience of the place, people, food, culture and our service.
Continuously provide enjoyable quality excursions/trips on time and within budget. Develop satisfied customers.
Establish a market presence that assures short-term and long-term profitability, growth and success.
Fully committed to supporting growth and development in the tourism and overall economy. Contribute positively to our communities and our environment.
Age Distribution
Start-up Requirements
1%
49% 50%
Cash
third
Respect
for realistic forecasts, and conservative cash flow and financial management of loans in Phase 2
Requirement
Looking
The tourism product is viewed as more of service in the customers eyes. WANDERLUST offers different modes of travel, spiritual travel, art workshops, heritage travels, virgin beaches, industrial travels. The levels of the product that our company offers are :
Core products Basic products Expected products Augmented products Potential products
Pricing in tourism is a complex process. Pricing includes the prices of other services like Air travel, Bus, Railways, Hotels, etc. We offer price sensitive tours like cost saver and premium tours which can be afforded by all classes. Penetrative Pricing For e.g.: Depending on the income level and purchasing power parity, different rooms can be offered to suit customers from every background:o o o o o
Single Occupancy Twin Sharing Extra Adult Child with Bed Child without Bed
Preparation of itineraries
Ticketing
In people, local people are very important, as to how they treat tourists.
1. 2. 3. 4.
Travel agents
Guides Staff Sales staff
Our company intends to offer a unique service to all of its customers, so as to position itself as the premier travel provider in India This shall be undertaken through provision of affordable, and luxurious transport as well as informative insights about the various sights and areas. Through our reasonable charges and satisfying excursions we intend to attract a large portion of the market, both directly and indirectly. Hence. all promotional material and campaigns shall be directed to fulfilling our intended positioning on the market.
Consumers will make perceptions based on their sight of the service provision which will have an impact on our company perceptual plan of the service. The physical evidence provided by our company to the client are:
o Comfortable seats while traveling o Ambience o Layout and design of the resort o The sign posts that indicate directions o Route maps o Information regarding rules and regulations of the tourist spot o Telephone booth
The place where the customer buys the tourism product can vary greatly. Travel agents, tour operators, tour wholesalers, online on website are a few examples of the distribution points for tourism products.
Advertising Publicity Sales promotions Telemarketing Personal Selling Direct Marketing Events Internet Marketing Brochures Website and Social Media(of course!)
City Bus Tour Collaboration and NOT competition CSR Facebook Graph
T.A.C.
Niche Marketing
A niche market is the subset of the market on which a specific product is focusing. So the market niche defines the specific product features aimed at satisfying specific market needs, as well as the price range, production quality and the demographics that is intended to impact.
Group Centric Plans- Single Womens Club, Media professionals, etc Amazing race type travel rallies and races
Heritage Travel Virgin Beaches of India Art Workshops (southern dance, odissi, lavni, naga dance) Fine Arts (warli, thangka, etc.)
Industrial Visits
Rural Tourism
Profit Monthly
1000000
800000 600000 400000 200000 0 Month 2 Month 3 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 -200000 -400000 Month 12 Profit Monthly
Month 1
Month 4
STRENGTHS:
Diversity
costs is low
tourists
WEAKNESSES:
OPPORTUNITIES
Proactive role in framing policies Encouragement by the government Available of high quality human resource Allowing entry of multinational companies Growth of domestic tourism
THREATS:
Existing competition
Spiti
Homestay Trek
o Bhuzen o Chham
Features
o Tashigang, Langcha, Lalung, Komic, Kibber, Dhemul,
Dhankar, Chicham
o Learn more about Spitian culture
dance troupes, nomadic monks and members of the heritage conservation councils.
Village Volunteer Explore rural India, connect with community projects and make a REAL positive difference! Converge on Indias cultural capital Kolkata; weave through bustling markets and join an NGO handcraft souvenirs.
Features
o Visit Indias cultural capital Kolkata
o Explore the seaside temple town of Puri
Marketing know-how