marketing plan for birishiri
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It's a marketing plan for Birishiri.TRANSCRIPT
A marketing plan on
“Birishiri”
The most photogenic natural place in
Bangladesh
Place marketing:
A marketing plan on
“Birishiri”
The most photogenic natural place in Bangladesh
Prepared for:
Dr. abu naser ahmed ishtiaque
Associate professor
Department of marketing
University of Dhaka
Prepared by:
Md. sorowar hossain
Roll: 095
Mba 13th batch
Department of marketing
University of Dhaka
March 04, 2012
University of Dhaka
EXECUTIVE SUMMARY:
Shusong Durgapur of Birishiri is one of the most natural & photogenic places in Bangladesh.
It can be one of the most popular tourist spot on the country. This place has immense
potential to be number one tourist spot in this country.
The main attraction of Birishiri is the ceramic hill of Durgapur and the picturesque landscape
along the Somessori River. Except the rainy season it’s hard to find any water in the river and
that’s why the river changes its landscape color with the seasons. There is also an ethnic
museum at Birishiri. It’s a must place to visit while you are in Birishiri.
Our prime objective is to position Birishiri in the target customers mind as top most priority
when they decide about a tour.
Situation analysis:
Bangladesh is one of the few countries in South Asia, which remains to be explored.
Bangladesh has a delicate and distinctive attraction of its own to offer and it is definitely not
a tourist haunt like Nepal or India. Bangladesh is like a painter's dream come true with a rich
tapestry of colors and texture. The traditional emphasis of the tourist trade has always been
on the material facilities offered by a country rather than on its actual charms. This may be a
reason why Bangladesh has seldom been highlighted in the World's tourist maps.
It's a land of enormous beauty, hundreds of serpentine rivers, crystal clear water lakes
surrounded by ever green hills, luxuriant tropical rain forests, beautiful cascades of green tea
gardens, world's largest mangrove forest preserved as World Heritage, home of the Royal
Bengal Tiger and the wild lives, warbling of birds in green trees, wind in the paddy fields,
abundance of sunshine, world's longest natural sea beach, rich cultural heritage, relics of
ancient Buddhist civilizations and colorful tribal lives, - Bangladesh creates an unforgettable
impression of a land of peace.
There are lots of places that are yet to discover in Bangladesh. Birishiri is one of the places
what people want and where people can enjoy the immense natural photogenic look, the
beauty of hills and the magnificent beauty of Somessori River.
Market summary:
We have a very broad market in the tourism sector. Our market consists of individual and
business group who prefer travelling in the holidays for relaxation and enjoyment. Specific
segments being targeted during the first year include professionals, corporations, students and
individual.
There are lots of things to enjoy and experience by the visitors. Visitors may enjoy the
ceramic hill of Durgapur and the picturesque landscape along the Somessori River. There is
also an ethnic museum at Birishiri.
The easy access of the transportation facilities and the low cost structure of the place can
have significant positive impact on the visitors. Its short distance from Dhaka is other things
that can create competitive advantage over other places in the visitors evoked set of
alternatives.
SWOT Analysis:
SWOT analysis is a major tool for determination of strengths, weakness, opportunities and
threats. SWOT analysis of Birishiri is given below:
Strength: strength is internal to the product itself. Here we are talking about a place the
strength of the place is given below:
1. Red Hill: it is one of the most beautiful hills in the country. Most of the people enjoy
the view of the red hill.
2. Somessori River: there is a river named somessori where the color of the water
changes with the change in the season. This magnificent beauty of the Somessori
River attracts many visitors.
3. Photogenic Natural look: it has the most photogenic natural look among all the
places in the country. Those who love the photogenic natural look will be highly
satisfied by the photogenic beauty of Birishiri.
Weakness: weakness is also internal for any product. In case of Birishiri it has some
weakness. The weaknesses are as follows:
1. Lack of accommodation: the accommodation facilities of the Birishiri are not
sufficient for a family tour. High end people will find themselves uncomfortable with
the accommodation facilities of Birishiri.
2. Lack of good communication: the communication facilities of Birishiri are not good.
The road are so narrow and its takes long time to reach Birishiri.
3. Polluted river water in Rainy season: in the rainy season the water of the Somessori
River gets polluted and Birishiri experience is not well enough. The rural roads
become muddy and it’s become very tough to move from one place to another.
Opportunities: opportunities are external elements that may provide advantage to the
planning process. The major opportunities associated with Birishiri are given below:
1. Increasing demand: the demand for visiting Birishiri is increasing day by day. Most
of the cases people who love to travel instantly prefer Birishiri than any other place in
the country.
2. Communication improvement: the govt. of Bangladesh already undertakes
initiatives to construct the damaged roads and build some small bridge to connect
Birishiri with the every corner of Bangladesh.
3. Infrastructure development: govt. also takes initiative to develop the infrastructures
of Birishiri to make it comfortable to the visitors.
Threats: the threats are another external variable that influence the marketing decision and
the potential of business. There are some threats associated. They are:
1. Increased competition: every place is trying to attract visitors so they are investing
huge amount to develop the infrastructure and other facilities.
2. Lack of control: the lack of control of the proper authority can make its existence
vulnerable. And the immense beauty of the Birishiri can be destroyed if necessary
steps are not taken immediately.
Competition: the competition in the tourist industry is increasing at a rapid pace. The
emergence of new tourist place increases the competition almost every day. Birishiri also
have competitors. The key competitors are:
1. National Park Gazipur: the Gazipur national park is one of the key competitors of
Birishiri. Most of the case people who prefer one day huge out or picnic they mostly
prefer Gazipur national park.
2. Tangail Rajbari: it is another competitor of Birishiri. It is near to Dhaka and its
historical value and branding is more intense than Birishiri but the beauty of Birishiri
is beyond the description compared to the Tangail Rajbari.
3. Bonshi River Savar: it can be another potential threat for the Birishiri. Evening in the
Bonshi River can be a mind-blowing experience with the dearer ones.
4. Nuhas polli: it is an established spot for the visitors. Its brand recognition is very
high.
5. Sonargoan: the ancient capital of Bengla sonargoan is another competitor for the
Birishiri. The awareness of the common people is very much high about the
sonargoan.
MARKETING STRATEGY
Segmenting: we will segment the market based on the economic condition of the visitors.
We identify three groups of visitors’. They are
High income group
Medium income group
Low income group
We will design custom offerings for each of the above group. We will consider the needs and
ability of the above group and provide the best we can within their affordability.
Targeting: we will target all the three groups identified in the segmenting process. For each
target we will communicate and provide different offerings’.
Positioning: we will position Birishiri as the most photogenic natural environment in the
minds of the visitors.
MARKETING MIX
Product strategy: the hills, river and the natural beauty of the Birishiri all are the product in
our marketing mix. A visitor will be able to enjoy the beauty of the red hill, the magnificent
beauty of the Sommessori River and the most photogenic natural environment in the
Bangladesh.
Pricing strategy: the level of price will be affordable for all level of visitors. In most of the
cases visitors finds it too costly to visit any beautiful place. Sometimes they hesitate to visit a
place because they perceive that they need to pay more than the enjoyment and relaxation
they get from that place. But in Birishiri we will provide feelings of net positive gain for the
visitors. We will provide more than they can get with the same price.
Transportation strategy: we will manage the best transportation facilities for the visitors.
Those who have personal transportation can use their personal transportation. But who don’t
have any personal transportation we will manage transportation from their convenience
perspective. With better transportation facilities we will make it easy for the people to have
access in the Birishiri.
Promotion Mix: we will use a wide array of promotion mix for the promotion of Birishiri.
We will use the following:
1. Advertisement: it is one of the prime promotion strategies for our Place. We will
advertise heavily on different media like TV, Newspaper, and Magazines etc. as our
place is a new one in the marketplace we need to make people aware about feature of
the Birishiri. To make people aware heavily advertisement is necessary.
Advertisement on billboard and special tourism magazine will be another important
source of promotion.
2. Sales promotion: we will give different discounts on different occasions and seasons.
3. Public relations: it is another major source of promotion for our place. We will
arrange press conference and different seminar demonstrating the beauty of Birishiri.
And we will try to communicate that it is an asset of the country and this asset need to
be taken care of by individuals, society and govt. the mass public relation will create
awareness among the common people. And interest will grow for exploring the
beauty of Birishiri.
4. Direct marketing: this approach can also be applied. This approach can be effective
for different groups like corporate groups.
MARKETING RESEARCH:
Using research, the demand and want of the visitors will be identified. The expectation of the
visitors is very important in this sector. According to their expectation we will try to deliver
the best services. Brand awareness research will help to identify the effectiveness of the
messages. Finally, customer satisfaction studies will be conducted to identify their
satisfaction level and loyalty behavior.
The Management Team
Our management team consists of very skilled and experienced personal. They have both the
competency and inclination to do what is best for the organization. The management team
has the ability to understand the psychology of the markets and they have the ability to
integrate different strategy to better satisfy the client. This highly experienced and skilled
management team will be well compensated.
After creating the brand awareness more higher and experienced people will be recruited for
the post of General Manager. The sales forces will also be very active to accomplish the
objective of the organization.
Projected Financial Analysis:
Year 1:
Description Taka Taka
Cost:
Primary Cost (Site Development) 5,000,000
Inauguration program 150,000
Advertising Cost 400,000
Office Rent (12 x 50,000 tk.) 600,000
Water treatment plant 10,000,000
Salary (12 x 40,000 tk. x 30) 14,400,000
Wages (12 x 4,000 tk. x 100) 4,800,000
Total Cost 35,350,000
Revenue:
Corporate Client 6,000,000
Family Picnic 2,125,000
Total Revenue 8,125,000
Profit (1st Year) (27,225,000)
Year 2:
Description Taka Taka
Advertising Cost 600,000
Office Rent (12 x 50,000 tk.) 600,000
Site Maintenance 100,000
Salary (12 x 40,000 tk. x 30) 14,400,000
Wages (12 x 4,000 tk. x 100) 4,800,000
Total Cost 20,500,000
Revenue:
Corporate Client 15,000,000
Family Picnic 8,500,000
Total Revenue: 23,500,000
Profit 3,000,000
Total Profit (1st + 2nd) (24,225,000)
Year 3:
Description Taka Taka
Advertising Cost 200,000
Office Rent (12 x 50,000 tk.) 600,000
Site Maintenance 50,000
Salary (12 x 40,000 tk. x 40) 19,200,000
Wages (12 x 4,000 tk. x 150) 7,200,000
Total Cost 27,250,000
Revenue:
Corporate Client 30,000,000
Family Picnic 21,250,000
Total Revenue: 51,250,000
Profit 24,000,000
Total Profit (1st + 2nd + 3rd) (225,000)
Year 4:
Description Taka Taka
Advertising Cost 200,000
Office Rent (12 x 50,000 tk.) 600,000
Site Maintenance 50,000
Salary (12 x 40,000 tk. x 40) 19,200,000
Wages (12 x 4,000 tk. x 150) 7,200,000
Total Cost 27,250,000
Revenue:
Corporate Client 30,000,000
Family Picnic 21,250,000
Total Revenue: 51,250,000
Profit 24,000,000
Total Profit (1st + 2nd + 3rd +4th) 23,775,000
Controls:
After passing every year, the evolution will be undertaken. This could provide more clear
idea about the passing year. Moreover, the performances of the employees will be evaluated
in every month. The best employee of the month will get the bonus from the revenue and the
best employee of the year will be rewarded with crown with certificate and some cash
incentives. This will motivate them and provide extra energy to work sincerely. If any of
them fail to meet the standard they will be warned. But, the continuous poor performances
will lead the employees towards punishment. On the same way, the visitor’s satisfaction will
also be evaluated monthly. If we find dissatisfaction among the visitors we will try to find out
the reason behind the dissatisfaction. And if we find our visitors are continuously satisfied
with our place and service then we will try to make our visitors delighted with different add-
ons.
Conclusion:
Most of the people in Bangladesh are not aware about our place. We will bring this place in
the lime light and provide our visitors with an experience that they will remember for their
lifetime. We will do everything to make our place a symbol of enjoyment and relaxation for
the visitors. We hope someday this place will be turned as one of the hot attractions for the
common people and tourist.