Professional Documents
Culture Documents
GROUP -3
AASTHA SHAH
AAYUSH ABBI
ASHIQ TN
DHRUV ARYA
MAHENDRA GAIKAR
RUSHA NAIK
SHRAVI KULSHRESTHA
OVERVIEW
Tattooing has become a popular form of self-expression,
painless tattoo outlet that can address these concerns and tap
painless tattooing experience, a painless reduce costs, and offer clients more
there is also a growing trend of older consider targeting people with from
likely to spend more for a premium
Design
Location Generally speaking,
Income Levelyoung
The target market's preference for The target market may be impacted by
designs is another aspect to take into the location of the painless tattoo shop.
Background:
Motivation:
opposed to the traditional tattooing technique provided by our competitors, would be the
outlet's main competitive edge. Offering a pain-free experience can be a significant draw for
clients in India since people's tolerance levels for pain may vary.
Unique tattoo designs: India is a multicultural nation with a long history and a variety of
tattoo designs and styles. We can draw in a wide spectrum of clients and distinguish
ourselves from rivals who might have a more constrained selection by providing a wider
variety of tattoo designs and styles, including traditional Indian designs and symbols.
Customized Tattoo Designs: By allowing consumers to make their own personalised tattoo
designs, we can respond to their individual preferences and set ourselves apart from our
rivals. Those who want to exhibit their personality may find this to be especially appealing.
Quality of Tattooing Equipment and Techniques: In India, where tattooing is still not very
common, using cutting-edge tools and sophisticated methods to produce tattoos of the
highest calibre can help us establish ourselves as a market leader and set ourselves apart
from rivals who might not make as much of an investment in tools and methods.
COMPETITIVE ADVANTAGE
Customer service: In India, where personal relationships and hospitality are
highly valued, excellent customer service allows us to provide our clients with a
memorable and enjoyable tattoo experience. This helps us build a loyal customer
prices and promotions can make painless tattoo outlets more attractive to
referral program can encourage existing customers to refer new customers to us.
This allows you to grow your customer base and increase your sales.
Trademark: By creating a unique brand image that resonates with your target
audience, you can establish yourself as a leading tattoo outlet in the market and
Our outlet will target individuals who are interested in getting tattoos but have
hesitation due to the pain associated with traditional tattooing.
The target market which we want to cater will include people of all ages,
genders, and professions who are looking for a painless alternative to traditional
tattooing.
Offer cutting-edge technology that creates tattoos that are painless, fast, and
require minimal healing time.
MARKETING STRATEGIES
Social Media Marketing: We will use social media platforms like Instagram, Facebook, and Twitter to
post engaging content that showcases our painless tattooing process and highlights our unique selling
proposition.
Influencer Marketing: We will partner with influential people on social media platforms who have a large
following and a passion for tattoos. We will offer them free tattoos in exchange for them sharing their
painless tattoo experience on their social media platforms.
Local Advertising: We will place ads in local newspapers, magazines, and on local radio stations to target
individuals in the area who are interested in tattoos.
Special Promotions: We will offer special promotions and discounts to customers who refer their friends
and family to our painless tattoo outlet. We will also offer seasonal promotions like discounts during the
holiday season.
Website: We will have our own website where we promote our USP , show different offers, location of
the outlets, customer care contacts and feedback section
MARKETING STRATEGIES
Pricing Strategy:
Our pricing strategy will be competitive, and we will offer a variety of pricing options to cater to different budgets.
We will also offer package deals for customers who want multiple tattoos.
Location:
Our painless tattoo outlet will be located in a trendy, easily accessible location with plenty of foot traffic.
We will start our outlet in Bandra and Juhu at beginning and then expand as per business growth.
Customer Service:
We will focus on providing excellent customer service to ensure great customer experience.
We will train our staff through proper training program to be well verse with technology which will be use in the
outlet, to be friendly, and attentive to customers' needs.
We will provide a section in our website for customer feedbacks.
We will also have a feedback wall in the outlet where customers can write their feedback on the experience they
Expansion:
In the future, we plan to expand our painless tattoo outlet to other locations in Mumbai.
We will use customer feedback and data to identify potential new locations and continue to grow our business.
SALES PLAN
SALES OBJECTIVES:
·Our sales objectives are to achieve a minimum of 10 tattoos per day to all most
300-350 tattoos per month and increase revenue by 20% each quarter.
SALES STRATEGY:
·Our sales strategy will focus on providing unforgettable and painless tattoo
experience for our customers. We will train our tattoo artists in such a manner
that they will provide excellent customer service, be resourceful, answer any
questions, and can explain the painless tattooing process. In accordance to it, we
will also offer a range of tattoo designs and styles to cater to our customers'
preferences.
SALES REFERRAL PROGRAM
We will offer a referral program to incentivize our customers to
TACTICS refer their friends and family to our painless tattoo outlet. For
each new customer referred, the existing customer will receive a
discount on their next tattoo.
UPSELLING
We will encourage our customers to add additional tattoos or
upgrade their existing tattoos by offering special promotions and
discounts.
BUNDLING
We will offer package deals for customers who want multiple
tattoos or want to bring in a group of friends for a tattoo session.
GIFT CARDS
We will offer gift cards that can be redeemed for tattoos to
encourage gift-giving during the holiday season.
Sales Training Sales Forecasting Performance Metrics
We will provide sales training to We will use historical sales data We will track our sales
our tattoo artists to help them and customer feedback to performance by measuring the
improve their customer service forecast our sales and adjust our number of tattoos sold, revenue
skills and upselling techniques. sales strategies accordingly. Also, generated, and customer
We will also provide them we will monitor market trends satisfaction. We will use this data
training about how to explain our and adjust our sales strategies generated, to identify areas of
painless tattooing process and also according to it to be competitive improvement and adjust our sales
provide knowledge transfer about with the peers. strategies to meet our sales
the product. objectives.
OPERATIONS PLAN
The following components will be included in our operational plan for our painless
tattoo studio in India:
Location: We'll choose an area with a lot of foot traffic and easy access for
customers. Customers will easily be able to find the outlet because of its prominent
placement. We'll make sure there is plenty of parking and that getting to the store
is simple using the public transportation system.
Staffing: We will hire tattoo artists who are qualified, experienced, and taught to
use the cutting-edge tools and methods necessary for a pain-free tattooing
experience. We'll make sure the personnel are aware of the cultural connotations
associated with particular tattoos so they can assist customers appropriately.
tattooing-related supplies. We will also ensure that the ink used is of good
quality and free of dangerous chemicals that could cause skin irritation or
allergies.
Safety and Hygiene: To make sure that the tattooing procedure is secure and
hygienic, we shall adhere to all safety and hygiene guidelines. We will verify
that the outlet follows local health and safety laws and that all equipment is
make appointments ahead of time. This can cut down on wait times and
guarantee timely client service. When making appointments, we will also take
Marketing and Promotion: We'll create a marketing and promotion plan that
on data, we will routinely analyze financial reports. We will also take into
Our overall goal in developing a painless tattoo studio in India is to give consumers
a secure, clean, and joyful tattooing experience while ensuring that the company is
successful and long-lasting. We may position our painless tattoo studio as a market
CEO
MEET OUR TEAM
Chief Executive Officer (CEO) : They will be in charge of the overall strategy of the firm, which includes formulating
business plans, creating strategic goals, and overseeing the day-to-day operations of the painless tattoo studio. They
will serve as the company's public face, representing it to investors, clients, and the media.
Marketing Head : They will be in charge of devising and implementing the marketing strategy, which will include
defining the company's target market, developing advertising campaigns, and raising brand awareness. They will
collaborate closely with the CEO to make sure that the marketing strategy is in line with the overall goals of the
company.
Operations Head : They will be in charge of managing the studio's daily operations, including personnel management,
facility upkeep, and making sure the tattooing procedure is effective and safe. They will collaborate closely with the
CEO and the Marketing Head to make sure the studio is achieving its operational goals.
Creative Head : They will be in charge of building the studio's creative vision, which will include coming up with
original tattoo ideas and establishing a warm and friendly environment for clients. They will collaborate closely with
the CEO and the Marketing Head to make sure that the creative vision complements the entire business strategy.
Financial Head : They will be in charge of overseeing the painless tattoo studio's financial activities, including
budgeting, accounting, and financial reporting. They will collaborate closely with the CEO and other department
heads to make sure that financial choices are in line with the overall business plan. In addition, They will be in charge
of forecasting and planning for future financial requirements, as well as putting into practise cost-cutting initiatives to
increase profitability.
FINANCIAL ANALYSIS
INCOME
STATEMENT
BALANCE
SHEET
THANK YOU