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Group no-6
Name
Rochelle D'cunha Prabhakar Humbarde
Roll no
129 133
Sadanand Mudaliyar
Paresh Surana Bhagyashree Vallal
148
169 174
Deepak Yadav
178
7 ps of service industry
1. Product
Housemaid Cook Baby sitter Driver
2. Price
Full time maid-7000/month Part time- 5000/month Baby sitter- 7000/month Driver- 8000/month
3. Place 4. Promotion
Pamplets Website Word of mouth
7. Process
Registration in Police station. Age proof Address proof Telephone number Photograph Ration Card Guarantor for police registration.
SOURCES OF HIRING
MHADA colony Old age houses Through maid reference by providing commission References Small villages in Maharashtra.
SWOT analysis
Strength Weakness Opportunities Threats
Competitors
Excel manpower service- Chembur East Aishwarya agency- Bhandup West Sumit safe security pvt ltd- Mulund West Shreenath and associates- Santacruz East HR resources- Dadar West
Targeting Segmentation
Our earnings
Per month no of clients: 7 (approx.) Fees from each client: Rs.5000/ Therefore, total fees for a month: Rs. 35,000/ Therefore, total fees for a year: Rs. 4, 20,000/-
Per month from each worker: 20% of their first salary. Therefore, full time: (Rs.7000*2)*20% = Rs.2800/ part time: (Rs. 5000*2)*20% = Rs.2000/ caretaker(nanny, baby sitting): (Rs. 7000*2)*20% = Rs. 2800/ driver: (Rs. 8000*1)*20% = 1600 Therefore, total from workers in a year: Rs.9200*12 = Rs. 1, 10,400/ TOTAL EARNINGS: RS.4, 20,000+ RS.1, 10,400 = RS. 5, 30,400/-
OUR REVENUE
Total income: 5,30,400 Total expense (initial investment) (-) 35,000 Profit from the first year: Rs. 4, 95,400 Rs.
Rs.
Since we are getting a profit of Rs.4,95,400/in the first year itself, we are getting our BREAK EVEN POINT in the first year only
CONCLUSION
THANK YOU