Marriages are made in Heaven, But arranged on… The World’s Largest Matrimonial Service Presented by… Shahzad Khan - 24 Kapil Mhatre - 34 Joe Augustine - 38 Jwala Nayak - 41 Kapil Singh - 52 Gaurav Taishete - 53 Company Profile Over 12 offices in India 2 International Offices 170 Shaadi.com Centres in India We will be covering… Indian Matrimonial Services Online Offline Marketing Mix Product Search profiles of prospect brides and grooms either on internet or by visiting its offline centers Express your interest, chat, email and call members Profile Verification services like Shaadi SEAL Search and contact members on mobile using sms, wap site, mobile application and IVR Product Personalised services for match-making Online Astrology services like horoscope matching - A relationship and wedding portal guide - Online wedding directory services - eShop for your wedding Price Membership Price Duration Benefit Free - Unlimited No Email, chat or phone numbers Gold Rs. 2,201 3 months Email, chat, 40 phone nos. Diamond Rs. 3,301 6 months Email, chat, 90 phone nos. Platinum Rs. 4,801 12 months Email, chat, 200 phone nos. Sapphire Rs. 15,001 3 months Personalized Matchmaking services Place Online access from anywhere across the globe Access using mobile phones (SMS, wap site and IVR) 170 offline centres across India Promotions Online marketing across portals like rediff, yahoo, msn etc. Hosting events like Swayamvars and Speed Dating Events Tie-ups with Star Vivaah and movies like METRO Wedding Expos atleast once a year Promotions Festive promotions, offers and discounts People Over 500 employees across the globe 1.41 crore members Over 8,22,073 successful matches till date Visitors but not members Process Standard process of operation ISO 9001:2000 certified Verisign Secured and TRUSTe Certified payment mechanisms Free home collection of cheque / demand draft in 65 cities in India Physical Evidence Shaadi.com centre offices across the country Offline payment centres such as Head Post Office, Axis Bank and HughesNet Fusion centers Gap Analysis Gap Model of Service Quality Customer Gap Gap 1 Not knowing what the customers expect Web customers (Shaadi.com) want to access profiles of offline customers (Shaadi.com Center) Customers want to contact on email first and then phone. However, email ids of members not available More authenticated profiles to ensure genuineness Unable to understand expectations of South Indians. Hence, weak in South Indian market Gap 2 Not selecting the right service designs and standards Attempting to use the latest web technology to deliver the service Unable to have a common database for Shaadi.com and Shaadi.com Center members Unable to authenticate every detail of the profile available Gap 3 Not delivering to the service standards Claiming authenticated phone numbers but not all phone numbers are authenticated Profiles not completed and not detailed enough Limited profiles for certain castes and communities User interface of the website not friendly enough Gap 4 Not matching performance to promises Claiming over 8 lakh matches but there are members with profiles for more than a year and are still looking for a match Claims genuine astrological matching of horoscopes, but still fails the trust of members CRM promises solution to problems within 24 hours but fails to achieve it in many cases Customer Gap Difference between customer expectations and perceptions South Indian community expect to find a match but most fail to do so Most perceive it to be more of dating site than matrimony Perceived more for the NRI audience Perceive it to be non-serious portal and lacks trust Services Marketing Service Attributes Musts – – – – Profiles with photos (both genders) Religions, regions, communities Education, professional details Search and contact facility Satisfiers – Email, chat, profile verification – Regular updates on activities Delighters – SMS and email Alerts – Offers and discounts – Prompt response to queries Delighters Satisfiers Musts Services Marketing Triangle Services Marketing Triangle External Marketing – – – – – – Online marketing campaigns Offers, promotions and discounts Offline promotions eg. Outdoors Wedding Expos Events like Swayamvars and Speed Dating Newsletters Services Marketing Triangle Internal Marketing – Training programs – Knowledge sharing sessions – Roadmap meeting Interactive Marketing – CRM via emails, phone and online chat – Telecalling activities – Personalized service at Shaadi.com Centers Consumer Decision Making & Evaluation Need to get married • Online search (matrimonial websites) • Offline search (marriage bureau, friends, relatives) Select multiple channels of search (websites, bureaus, friends) Purchase Membership(s) Monitor responses from channels Self Service Technologies Register, create profile, search and contact members on the internet and mobile site Search using SMS and IVR Automated request for photos, contact number, profile verification to other members 24x7 customer service on call and live chat Online web tutorials Channels for Service Distribution Internet Mobile TV (Dish TV) Offline Shaadi.com Centers (Retail) Role of Culture Homepages, emailers and promotions designed as per community and region Festive offers to targeted communities Astro details, Gothra, Manglik etc for select communites Customer Relationships Customer Relationships 24x7 Live Help Help through emails, chat and phone Toll Free number from anywhere in India Local help call number in major cities in India and internationally (UK, USA, UAE & Pakistan) Response within 24 hours Zone of Tolerance CRM turnover time – 24 hours – Profile activation, photo upload • Adequate = 12 hrs & Desired = 24 hrs; Tolerance = 12 hrs – Reply to queries on email • Adequate = 24 hrs & Desired = 48 hrs; Tolerance = 24 hrs Service Quality Dimensions Reliability – wide variety of profiles across communities and countries Responsiveness – On payment activation, instant access to contact hundreds of members Assurance – Safety, privacy and security features Empathy – Useful tips and guidelines to find your match Tangibility – Personalized services at Shaadi.com Centers Customer Pyramid Most Profitable customers Sapphire Members Least Effort Platinum Members Diamond Members Gold Members Least Profitable customers Most Effort Free Members Retention Strategy Financial Bond - at the expiry of membership – 5% discount on Gold Membership – 10% discount on Diamond Membership – 15% discount on Platinum Membership Social Bond – at the deletion of profile – Subscribe to ShaadiTimes newsletter – Opt-in to Astrology services by Astrolife.com MR Program Customer Satisfaction Survey – every 6 months MIS reports to understand the user and usage pattern Feedback form to every query response given by the CRO Types of Complainers Passives – Encounter a problem but do not report it Voicers – Report the problem via email, phone or live chat Irates – Continuously call up the CRM and follow up Activists – Talk to the CRM-Head or write to the CMD about the problem Service Guarantee Unconditional Guarantee - 100% money back If you do not have at least 1 accepted member in the first month, we Will refund your entire Premium Membership fee - No Questions Asked! Service Development New Service Development Process Example: Photo Uploader Tool New Service Strategy Matrix Offerings Markets Current Customers New Customers Existing Service Sales Promotions, Offers, Discounts Online Marketing, SEO, SEM New Service Makaan.com Shaadipages.com Shaadi Sapphire Boundary Spanners Customer Relationship Officers Shaadi.com Center Representatives Cheque / DD pickup boys Enhancing Customer Participation Refer a friend to Shaadi.com Forward profile to a friend Surveys and Polls Submit Success Stories and get Gift vouchers Problems Memberships rates are perceived high and personalized services sold are less Shaaditimes.com, Shaadipages.com and ShaadiShop not integrated and marketed well Competition from Bharatmatrimony.com and Jeevansaathi.com Internal process needs to be optimized to avoid delays and timely delivery of products Problems Members doubt the authenticity of the profiles and consider Shaadi.com as non-serious Weak in the South Indian market Trust on online horoscope matching is less Shaadi.com platform not used much for communication No tie-ups with print Classifieds Problem 1 High Membership Rates Low usage of personalized services Action Plan Price the memberships slightly less or at par with the competition Include as many premium services within each membership package More contact numbers per package Free gifts and incentives with every package Slightly higher discount rates than what competition Offers in addition to extra days of membership Personalized service for initial few days Wave off taxes Example Membership Price Duration Benefit Personalized Service Free eCoupon Renewal Benefit Gold Rs. 1950 3 months 40 Nos. + 3 xtra days - Rs. 100 10% OFF Diamond Rs. 3301 6 months 90 Nos. + 7 xtra days 3 days Rs. 250 15% OFF Platinum Rs. 4801 12 months 200 Nos. + 15 xtra days 7 days Rs. 500 20% OFF Sapphire Rs. 9,999 3 months 40 Nos. + 25 xtra days 90 days Rs. 1000 25% OFF Compared Memberships with BharatMatrimony.com Expected Result More paid members on the site More traffic on site and hence more usage of services Lead to more successful matches Increase in overall revenue Make the brand more stronger Lead to more new members and registrations Problem 2 • Integration of Action Plan Integration with Shaaditimes Newsletters sent to members on a weekly basis Articles, Expert Advice, post marriage counseling, eStory etc. ShaadiDirectory service to members who delete their profile or have found a match Cross-selling ShaadiShop at various events such as: Festivals and occasions Sending gifts to your accepted members Free eCoupon on finding a match Free eCoupon on purchasing Paid Membership Action Plan Integration with Monthly Shaadi.com Magazine to Paid members including Articles, Expert Advice, reviews, eStory etc. ShaadiDirectory catalogues to members who visit the centres Includes names and contact numbers of local wedding planners, venues, caterers, florists, jewelry shops, beauty parlors etc. ShaadiShop eCoupons to visiting members: Rs 100 eCoupon to Gold Members Rs 250 eCoupon to Diamond Members Rs 500 eCoupons to Platinum Members Rs 1000 eCoupon to Sapphire Members Expected Result All the 3 services will be pushed to the users at regular intervals. Hence, more brand exposure Weekly newsletters and monthly magazines improves readership of ShaadiTimes.com Increase usage of ShaadiDirectory services, lead to more vendors on site, leading to more revenue Increase the number of transactions on ShaadiShop and add to the revenue stream Thank You