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Lead Generation and Enterprise Partnership at OYO'
Lead Generation and Enterprise Partnership at OYO'
SUBMITTED BY
ABHISHEK MALLICK
14010141195
(2014-17)
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Bachelor of Business Administration
Declaration
Certificate
This is to certify that Mr. Abhishek Mallick Regn. No. 14010141195 has
completed the report titled ‘Lead Generation and Enterprise Partnership’ under my
guidance for the partial fulfillment of the Course: Industry Internship Programme
(IIP) in Semester V of the Bachelor of Business Administration.
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Acknowledgement
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TABLE OF CONTENTS
PAGE
INDEX CONTENTS NO.
1 EXECUTIVE SUMMARY 6
2 INTRODUCTION 7
3 PROJECT PROFILE 12
3.3 METHODOLOGY 13
5 FINDINGS 22
6 RECOMMENDATIONS 23
7 CONCLUSION 24
8 LEARNING OUTCOME 25
9 REFERENCES 25
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1. Executive summary
OYO Rooms is India’s fastest growing branded network of budget hotels
founded by young entrepreneur Mr. Ritesh Agarwal on 2013. Within a short
span of time, OYO Rooms currently operating in more than 100 Indian
cities including Delhi, Gurgaon, Mumbai, Bangalore, Hyderabad, Goa,
Chennai, Kolkata are few to name. Similarly, OYO has been trying to be
present in major Metros, Regional hubs, leisure destinations and
pilgrimage towns.
According to a research carried out by CB Insights, a US based business
analytics firm, for The New York Times, OYO Rooms is among the
companies that may be the next start-up unicorns. As it provides
standardized rooms at budget hotels with features such as an air condition,
complimentary breakfast and Wi-Fi with 24 hours customer service
support number of guests using OYO Rooms App for booking hotels has
been increasing exponentially. Since, the services are fully IT enabled
guests can also order beverages and request room service through the OYO
Rooms app. Hotel owners who partner with OYO Rooms are connected via
world’s first tablet based property management App and become part of the
OYO brand.
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2. Introduction
Oravel Stays Pvt. Ltd was his first startup in the year 2012. Oravel
was designed as a platform to enable listing and booking of
budget and premium accommodations.
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2.1 Industry Overview
Global Scenario :
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2.2 Company Overview
About the Company :
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Organisation Structure :
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CEO : RITESH AGARWAL
CGO : KAVIKRUT
REGIONAL HEADS
Internship opportunities in India are career specific. College students often choose
internships based on their branch of study. Students often perceive it as a way to
develop their capabilities by practically applying their degree while learning in a
professional work environment.
Most students apply for internships during their summer and winter breaks. In
some universities, internships during the college breaks are compulsory and a part
of the curriculum. It is common that previous interns become employees to the
organization once they have acquired the necessary skills and experience.
Moreover, many engineering students also term their training period in certain
industrial organization as an internship.
3.2 Methodology :
Call and fix appointments with Corporates that have their
regional/branch offices in Jaipur.
Meet the Administrator/HR of the company and propose the
idea of choosing OYO as their official accomodation partner.
Offer the company with OYO portal. Some of the tech
features of OYO Business Toggle are
1. Official Company Accountant
2. Monitor all booking and payment activities
3. Add employees and assign per diem
4. Personalised Automated Assistance
As now the Corporates have partnered with OYO it is our
prime responsibility to provide the corporates with certain
Corporate Advantages.
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1. Designated accountant manager at their service.
2. V IP Ex perience. Enlist on our preferential guest list.
3. Customised meal plans on demand.
4. No peak pricing on select properties
5. Relax ed check-in & cancellation policies
6. Airport/Station pick up & drop.
7. Complimentary room upgrades.
Some of the corporates that I’ve introduced OYO to are
1. Arth Micro Finance
2. Hyundai (North Region Office)
3. Nilkamal Plastics
4. ITC (North District Jaipur)
5. Hitachi Home & Life Solution India Ltd.
6. Wipro Infotech
7. Reliance Jio
8. Indian Express
9. Mahindra & Mahindra Ltd
10. Saras Dairy
11. Tata Motors Ltd
12. Mahindra Finance
Other events that I’ve focused to generate leads are Jaipur
Literature Festival, Stone Mart and Vestige (Family Reunion
at Delhi)
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profitability mode, hiring and market development activities -
and has attracted five rounds of PE funding already from the likes
of Sequoia and Softbank. This new segment operates on the asset-
light business model, and is a sure disruptor for the traditional
capital-weighed-down hospitality industry.
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While some may say it's no great shakes, as one just needs to copy
the AirBnB model. It's not easy in India, where there are no
standards being followed by class B and C hotels; where the
owners are not entirely professionally trained or oriented for the
hospitality space, and where, it's not easy to get money to improve
your hotel. To OYO's credit, it seems to have created an
understandable and compelling value proposition for partner
hotels.
It can be anybody's guess, that after a year's good going, OYO can
be in a great situation to get some big cash after a stake-sale.
Unless there's some drastic mess, OYO looks sure to stay. It's time
when Ritesh Agrawal needs to get down to the task of building the
OYO organization into a compelling, high-quality unit, ready to
handle the load of ten million+ customers.
Analysis :
Response No's
YES 531
NO 69
TOTAL 600
YES 88%
NO 12%
TOTAL 100
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NO%
12%
YES%
88%
INTERPRETATION:
Response No’s
YES 553
NO 47
TOTAL 600
YES 92%
NO 8%
TOTAL 100
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No
8%
Yes
92%
INTERPRETATION:
Response No’s
Yes 125
No 475
TOTAL 600
Yes 20.8%
No 79.2%
TOTAL 100
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Yes,
21%
No,
79%
INTERPRETATION:
Response No’s
OYO Budget 526
OYO Premium 74
TOTAL 600
OYO Budget 87.6%
TOTAL 100
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OYO
Premium
12%
OYO
Budget
88%
INTERPRETATION:
In the above graph only 12% opt for OYO Premium, while
remaining of them would prefer OYO Budget.
Hence majority of people are looking for OYO Budget.
Q5. If you get a coupon that gives you flat 10% off on OYO Elite
would you go for it?
Response No’s
YES 549
NO 51
TOTAL 600
YES% 91.5
NO% 8.5
TOTAL 100
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NO
9%
YES
91%
INTERPRETATION:
From the above graph we can say from a sample of 600, 91%
of them would consider going for OYO Elite in future and 9%
may not buy.
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5. Findings
6. Recommendations
7. Conclusion
This project is designed to meet the requirements of Online
Hotel Management. It has been developed in VB & Mas-Access
keeping in mind the specifications of the system. For designing
the system we have used simple data flow diagrams. Overall the
project teaches us the essential skills like:
Using system analysis and design techniques like data
flow diagram in designing the system.
Understanding the database handling and query
processing.
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8. Learning Outcome
In review this internship has been an excellent and rewarding
experience. I have been able to meet and network with so many people
that I am sure will be able to help me with opportunities in the future.
I enjoy this line of work and hope the company reaches Fortune 500
list one day. I will continue to work hard in my position and hope
to continue to learn about the industry and meet new people. This
was an excellent experience and I hope that other interns got as
much out of it as I did.
9. References
1. www.google.com
2. www.oyorooms.com
3. https://en.wikipedia.org
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