Professional Documents
Culture Documents
Wedding Business Plan
Wedding Business Plan
● Executive Summary
● Unique Selling Proposition
● SWOT Analysis
● Business Model Canvas
● Financial Plan
● Opportunities Ahead
Business Problem
Solution
SUMMA
Online availability of details of all the
wedding venues at one place, reducing the
RY
customers’ efforts.
Competitors
Keys to Success
on
SWOT ANALYSIS
● Early breakthrough market
S W
● Lack of awareness
● Exposure and glimpse of ● No brand recognition
incredible India ● Lack of funds
● Creating experiences ● High prices at the start of
● 24*7 availability business (high
● Different deals advertisement expenses to
Basic package create awareness)
Premium package ● Lack of web and app
developing skills
HumSafar
● Boom in wedding industry in 2021. ● Internet connection availability &
● Partnership with travel agencies, technical glitches.
travel bloggers and ● Negative growth of economy and
photographers. less customer spending budget
● Source of income through display ● Government interventions
or pop up advertisements
OT
● Competitors can later on follow
● Opportunities to discover new the same approach of multi
places and make them available to collaboration.
our target customers.
● Wedding venues at
one place ● Time saving ● Feedback
● Groom and
● Matrimonial ● Promoting tourism ● One- stop for ● Reviews
Portal
● Collaboration with
wedding Bride
bloggers & ● Long- term
● Travelling photographers. solution ● Tourists
● Adding new vendors ● Convenience relationship
company ● Digital Campaigns and
● Wedding
● Hotel rooms transparency venues
● Travel
● Digital media
● Hotels
destination
● Human Resource: marketers, hotel ● Ads via social
Technical and non- and tourism media platform,
association
technical staff ● App and website,
● Financial Capital travel
● Food blogs
App & Web development, Internet connection cost, Pricing Strategy-Penetration pricing,
transaction cost, site inspection cost, marketing, office Value - Photographers, reviews of bloggers, easy
set-up, employees cost availability of venue.
KEY PARTNERS
Parents or guardians of
soon-to-be bride and
groom
2 Travel Bloggers
Travel bloggers all over India
can write their blogs on our
Our
website and we will feature to
people who are in search of
wedding venues and places for
their post wedding trip.
Collaborations
3 Travel Agencies /Hotel
Booking Portals
We will collaborate with travel
agencies and hotel booking
portals like OYO, Make my trip
etc. to show them glimpse of
incredible India in case they want
their post wedding trip in India.
IT Infrastructure :
App & Website
HumSafar’s app and website will include:
PROM
By building relationship with travel bloggers, photographers and
wedding venues all over India together at one platform.
Enhancing brand awareness and increasing visibility of the
website.
N
using Hashtags, organizing campaigns
ONLINE MARKETING
Hiring Travel Bloggers and Photographers as short term Interns
to promote our business and themselves on various online
websites.
ADVERTISEMENT
Pop-up ads helps in grabbing the attention of the customers and
increasing our website’s traffic.
CUSTOMER
RELATIONSHIP
● Feedback and suggestions column
in our website as well as on app.
Here, they can freely float their
experiences with us which will help
us in getting motivated and providing
better services to them in the future.
● Suggestions about new places, new
ideas, more features, etc. will be
considered by our concerned team
handling customer services and will
try to fulfil the requirements in the
best possible manner.
Bud
●
●
Office rent get
Loan payments, Business Insurance
Fixed ● Assets (computers, furniture, etc.)
aa
EXPENSES
Contingency 100000
TOTAL 600000 135000 121500