Pure Tranquility -Rejuvenate yourself at Pure Tranquility™ Mission Statement Our mission is to provide and serve the needs of every person’s inner beauty. Our superb services are unlike any other. At Pure Tranquility we believe in serving the customer to their every need. Our customers leave feeling refreshed and rejuvenated. Original Colors Tranquility means calmness, serenity, peace. The color pink means calm feelings, and relaxation. The color blue means calm and relaxation, and solitude and peace. Too girly Slogan -A classy upscale Spa and Salon New Colors “Sailor Theme” Dark Red, Blue, White “old fashion” typed theme Go along with our lighthouse theme Slogan Rejuvenate yourself at Pure Tranquility™ Pure Tranquility™ Overview of Business We are a spa and hair salon Service and Retail business We will offer Massages Facials Manicures/Pedicures Full service hair salon Some products we will sell are Hair products Nail Polish At home spa products Makeup Hours Monday – Thursday 10 A.M. to 9 P.M. Friday 10 A.M. to 6 P.M. Saturday 9 A.M. to 4:30 P.M. Appointment Only! Appointment Only First 3 months take walk-ins Build customers The appointment only Some specials where walk-ins are welcome Example – Mothers Day Legal Form of Business Partnership Split the business 50/50 We will be the decision makers Less Taxes Easy to establish More funds available with two people Company Location 772 Lighthouse Drive Hilton Head, South Carolina 29925 Beaufort County GENDER MALE 18,206 FEMALE 18,893 Immediate Developmental Goals Building will be a lighthouse New construction building to the existing lighthouse By doing this the rooms will be appropriate sizes, which will save us from remodeling Located on the beach The beach will only be open to customers Beach offers a sense of peace and relaxation Perfect location for a spa Goals cont. No need for a large parking lot Most customers will be tourist Company car used to transport people from the hotel to the spa Industry Description Service Sector Service and Retail industry sector The industry is rapidly growing Eventually the sector will decline Jobs will be increasing Strengths Hours we are open Location of Business Prices Employees Services offered Products sold Weaknesses Marketing Financial Status Start up cost Being a new business Opportunities Jobs are increasing, somewhat steady industry Good customer ratings bring new customers A good financial status New equipment/technology Threats The market is not reliable New products that weaken our business At home spa products Other spas in the area Winter High prices in traveling Target Market Women from ages 18 and up Couples with no children Target Market Couples that have no children will have more money and time to spend on their selves. They will not be on a “family vacation” so they will have more time do what they want. Men and the Spa 29% of men now go to the spa Used to be 8-10% Just for you we are going to add a steam room 41% visit the spa when they are stressed 60 % go to get massages 19% go just to take care of their selves. Market Demographics “Females, age 24-35, college educated, married with no children at home, visit a spa once every month to every three months. They spend about $100 per visit, and visit the Spa alone.” Target Market Trends We do not expect our market to change. It has been the same people visiting the spa for many years. Women will always visit the spa Direct Competitors Faces- Hilton head All About Me The European Spa The Sanctuary Euro Spa Casa Blanca Spa Indirect Competitors Marriott Resort & Spa Hilton head Oceanfront Disney Hilton Head Hampton Inn Hilton Garden Inn Competitors Strengths of Competitors Not a new business Reliable Customers Good Websites Advertising Location Services offered Weaknesses of Competitors Bad websites Bad customer service Not as many services offered No online store No brand of their own Opportunities of Competitors Increasing industry Positive customer ratings New technology Advantage over our business Threats of Competitors Negative customer reviews Not a reliable market Other spas in the area Relaxation Robes, Quality, Brand, Service Peaceful environment, facials, massages, hair, nails, great service, relaxed, quiet, makeup Free facial with any purchase, customer service, nail polish, relaxing music, free at home products Free food and drinks, free sample products, discounts Drawing of Service Just for laughs Description of Service Hot stone massage Peaceful atmosphere with relaxing music 30 minute massage Hot stones are placed on back Help relax muscles The cost can be anywhere from $75-$125 Service Decisions The customer is always right If someone is not happy we will offer a discounted price or a chance to reschedule If you cancel you must do it 24 hours in advance No full refunds High Price High Quality Good Shampoo Spa Massage Fancy hair salon Spa facial Low Quality Waxing at the spa At home spa products Salon nails Prestigious Better Bargain Equal Quality Low Price Badly painted nails Pricing Strategies Follow-the-leader Pricing We need to watch other spas prices so we do not overcharge Variable Pricing Price concessions to employees and residents of Hilton Head Optional Pricing We have the option of adding on other services Product Bundling Use this in store, for example shampoo and conditioner that comes together Market Skimming When we offer a new service that no other spa in the area has Psychological Pricing Charging $19.95 instead of $20.00 Overcharging Pricing Cost is more than it is really worth. Promotion Coupons Offer a free product with a purchase of a service Certain days where prices are cheaper Commercials Advertising in hotels Facebook Promotions Place All products will be sold at our store and online Our location is perfect Located on the beach Our store will be located on the main floor Services will be offered on the upper floors Sale Strategy Most sales will be schedule ahead of time We will not need on the floor sales people We need employees who know about the products We will try and have sales and discounts constantly going on Wall facebook Pure Tranquility Photos Flair Boxes Pure Tranquility Spa Pure Tranquility Spa Wall Info Photos Boxes Write something… Share View photos of Pure Tranquility Spa Send Pure Tranquility a message Pure Tranquility has a special going on all day . Poke message May 1, 2012 All products buy one get one half off. Lisa I love my nails that I got at Pure Tranquility! April 28, 2012 Information Location: Hilton Head, South Carolina Description: Spa and Hair Salon Appointment Only Hours: Mon-Thurs 10 a.m. – 9 p.m. Friday 10 a.m. – 6 p.m. Saturday 9 a.m. – 4:30 p.m. Sunday - Closed Pure Tranquility schedule your appointment today! April 15, 2012 Pure Tranquility Blair just won a free massage from our monthly drawing! Friends Pure Tranquility all massages the month of march are half off! February 28, 2012 Blair Lisa Sally Blair Pure Tranquility has the best spa in the state! February 15, 2012 Logout Wall facebook Pure Tranquility Photos Flair Boxes Pure Tranquility Pure Tranquility get relaxed Today for $5 off any service Wall Info Photos Boxes Basic Information Networks: Owners: Hometown: Hours: Spa Chelsie McClintock & Madeleine Knox Hilton Head, South Carolina Monday-Thursday 10 a.m.- 9p.m. Friday 10 a.m. – 6 p.m. Saturday 9 a.m. – 4:30 p.m. Sunday- Closed View photos of Pure Tranquility (5) Send Pure Tranquility a message Poke message About us Information Location: Hilton Head, South Carolina Description: Spa and Hair Salon Appointment Only Hours: Mon-Thurs 10 a.m. – 9 p.m. Friday 10 a.m. – 6 p.m. Saturday 9 a.m. – 4:30 p.m. Sunday - Closed Pure Tranquility is a Spa. We have a full hair and nail salon. We also have a wide choice of massages and facials to choose from. We are located on the beach in Hilton Head. Our building is a newly constructed lighthouse, with a beach only open to our customers. If you are at our spa and tag yourself here you automatically receive $10 off your service. Contact Information Photos 2 Albums Address: The Spa Updated last Tuesday Services Updated two months ago 772 Lighthouse Drive, Hilton Head, South Carolina 29925 Phone Number: (843) 468-6772 Website: www.puretranquility.com Logout Wall facebook Photos Flair Boxes Pure Tranquility Pure Tranquility get $5 off any service today! Wall Info Photos Boxes Photos of Pure Tranquility 7 Photos Pure Tranquility Albums 2 Photo Alums The Spa 5 photos The Beach 5 photos Profile Pictures 1 photo Pure Tranquility Logout Basement Main Floor Second Floor Equipment, Supplies, Inventory Production Plan Most employees schedule their own appointments Store workers are on a schedule Owners or managers will open and close the store Must be at work 10 minutes before shift begins All afternoon employees with stay at night to help close Owners oversee all day to day operations Workforce Plan Hair stylist, Nail Technicians, and massage & facial specialist schedule their own appointments. Not Specific work hours for them Store workers have a regular schedule Start-up Schedule 4 months- more clients, more staff 8 months- launch online store 12 months- Add newest massages etc. 16 months- Hire staff for new services 20 months- Add to building 24 months- Expand to a new town Organizational Chart Owners: Chelsie McClintock & Madeleine Knox Manager Assistant Manager Hair Stylist 4 Nail Technician 4 Facial Technician 4 Massage Therapist 4 Sales 2 Hiring Must be certified Previous Experience References from previous employer Communication Skills Friendly personality Store employees Knowledge of products Previous experience Training Not long training program They should already know what to do Store employees Teach how to work register Show how we want store organized Show what to clean etc. Employees Random evaluations Employees are held at high standard Strike system Long-term Goals More advanced website More locations Larger store Great reputation Known for having products before everyone else Most experienced workers Maybe change hours Expand our building Trademark, etc. Not many issues Trademark slogan and logo Ask for permission to carry certain brands Conclusion Spa Partnership Hilton Head, South Carolina Service Industry Target Market- women Experienced staff