Part 1

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BUSINESS ANALYSIS FLORIST TEE WAN NEE . LEE JIA MIN . GOH XINGXIN . TAN CHIN WERNG . GOH JYIA WHEY

Transcript of Part 1

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BUSINESS ANALYSIS

FLORISTTEE WAN NEE . LEE JIA MIN . GOH XINGXIN . TAN CHIN WERNG . GOH JYIA

WHEY

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Honeybee

Melia Florist

and GiftKLANG

KUALA TERENGGANU

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HoneybeeHome basis and online business

Klang Perth

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WHO IS THE FOUNDER ?‘ Own interest and deliver happiness to customers ’

Tan Yon Sern (Anson) • 7 June 1989 • 28 years old • Currently in Perth • Studied Master's

Degree at Royal Welsh College of Music & Drama

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5 EMPLOYEE

Valerie Lim

Tan Yenn Yenn

Ryuki Ng

Jasmine Low

Agnes Lau

MOSTLY ARE PART-TIMERS

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SERVICES PROVIDEDEvent PlannerFlorist Delivery

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PRODUCTS

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Hand Bouquet

Flowers in a box

Wedding Bouquet

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Flowers for opening ceremonies

Fruits basket with flowersPalm sized

bouquet

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CUSTOMERS

300 PER MONTH AND STILL GROWING

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RECENT DEVELOPMENT

November 2015

BUSINESS

START IN

HOME -BASED

BUSINESS

ONLINE SHOP

STILL IN LEARNIN

G PROCESS

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How many COMPETITORS

they have ?Memory Florist and Gift

7 COMPETITORS

Springo

Green Florist

Mutiara Florist & Gift Centre

Aliice Art Florist Shop

Star Florist

Kedai Bunga Cinta

Reiss Florist and Gift

Fiona Florist and Gift

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TOP 3 competitors

Green Florist & Gift Aliice Art Florist Shop Mutiara Florist & Gift Centre

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Cater the growing demand for Fresh Flowers in Malaysia

LOCATIONKota Kemuning, Shah Alam

BUSINESS EXPERIENCE10 years

SERVICESFresh flowers in a variety of flower arrangements and quality packaging

MISSION

Green Florist and Gift

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Small retailer of fresh-cut flowers and simple bouquets

LOCATIONJalan Goh Hock Huat, Klang

BUSINESS EXPERIENCE38 years

SERVICESFlower decorations and fresh flowers

How it Start?

Allice Art Florist Shop

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Mutiara Florist & Gift Centre

2000 square feet centreIn Klang

LOCATIONLorong Kampar KU/1, Klang

BUSINESS EXPERIENCE21 years

SERVICESperfect posy bouquet, hand bouquet and delivery services

SHOP

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STRATEGIES

Customize customer’s flowers

Affordable priceAdvertisement

Variety of design

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FACEBOOK PAGE

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INSTAGRAM

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OBSTACLES

• Limited customers• Difficult to handle the

growing orders• Not familiar with flower

arrangement skills

• Fluctuating product prices from supplier

• Time limitation as some of the workers are committed with a full-time job

• Pricing competition with the competitors

Early stage Now

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RECOMMENDATIONS

SHOP ADVERTISING

EVENT PLANNING SERVICE

MORE VARIETY OF FLOWERS

DOOR-TO-DOOR SERVICE

PROMOTION

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MELIA FLORIST AND GIFTJalan Tok Lam, Kuala Terengganu

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WHO ARE THE FOUNDERS ?TAN BEE

BENG

MOTIVEHer interest and experience in

making handicrafts

BIRTHDAY: 20 OCT 1974AGE: 42EDUCATIONAL LEVEL: SPM

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4 EMPLOYEE

Mirafe Peggy Low

MurianiRoshizawati

MOSTLY ARE FULL-TIMER

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SERVICES PROVIDEDEvent PlannerFlorist Delivery Hamper

Wrapping

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PRODUCTS

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Hand Bouquet

Hand Bouquet

Soft toy Bouquet

Snacks Bouquet

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Fruit & Flower Basket

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Wedding Bouquet & Flower Rosette

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FRESH FLOWERS

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FLORISTRY

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ARTIFICIAL FLOWERS

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Wedding Dinner

Decorations

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Wedding Gift ‘ Hantaran ‘

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CUSTOMERS20 – 30 PER DAY

50 – 60 CUSTOMERS PER DAY WHEN

FESTIVAL SEASON

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RECENT DEVELOPMENT

5 AUGUST 2000

BUSINESS

START IN

MOVE TO NEW

SHOP ON 25TH

AUGUST 2013

STARTED THEIR FIRST

ONLINE BUSINESS IN 2015

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How many COMPETITORS

they have ?Ratu Sehari7

COMPETITORS

Low Florist

Sri Bunga

Era NonaNatural

Reiss Florist and Gift

Bunga Sayang

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TOP 3 competitors

Low Florist Bunga Sayang & GiftRatu Sehari Handycraft Enterprise

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Low Florist

to cater the growing demand for Fresh Flowers in Malaysia

LOCATIONJalan Sultan Ismail, Kuala Terengganu, Terengganu

BUSINESS EXPERIENCE9 years

SERVICES• One-stop delivery• Have orders like

cake to deliver it with the bouquet of flowers

MISION

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Bunga Sayang & Gift

to cater the growing demand for Fresh Flowers in Malaysia

LOCATIONJalan Tok Lam, Kuala Terengganu

BUSINESS EXPERIENCE10 years

SERVICES•Wedding accessories wholesaler, retail, wedding planner•Sells door gift, handicraft, vases & basket supply.

MISSION

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Ratu Sehari Handycraft Enterprise

to cater the growing demand for Fresh Flowers in Malaysia

LOCATIONKampung Chabang Tiga, Kuala Terengganu

BUSINESS EXPERIENCE14 years

SERVICES MISSION•Sells handicrafts, marriage gifts, flowers, vase and etc •Receive orders of bouquet of flowers and also wedding gifts.

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STRATEGIES

Reduce Price for frequent customersAdvertisement

Variety of productsFriendly service

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FACEBOOK PAGE

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OBSTACLES

LIMITED CUSTOMERS COMPETITORS

LIMITED DEMAND

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RECOMMENDATIONS

BRANCHES ADVERTISI

NG

HIRE TRAINED WORKERS

DIY TUTORING

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COMPARISON

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SIMILARITIES

Type of service provided

Have online shop

Selling Fresh

flowers

Type of business

Every age group customers

Both owners have same interest in handicrafts

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DIFFERENCES

Average number of customers per day

Capital

Different race of

employees

Number of branches

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MELIA FLORIST AND GIFT DIFFERENCES HONEYBEE

DIFFERENT RACE OF EMPLOYEES

20 - 30 AVERAGE NUMBER OF CUSTOMERS PER DAY 10

RM 50,000 BASIS CAPITAL RM 3,000 – RM 5,000

NUMBER OF BRANCHES

CHINESEMALAY

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Product Differentia

tion

Many firmsIndependent decision

making

Imperfect informatio

n MONOPOLISTIC COMPETITION

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MELIA FLORIST

AND GIFTHONEY

BEEVS

WHICH IS MORE COMMERCIALLY SUCCESSFUL ?

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WHY?

NUMBER OF CUSTOMERS SHOPS

CAPITAL USED

GOOD REVIEW

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INTERVIEWEE&

REFERENCES

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Honeybee

Melia floristi. Name : Linda Lim

ii. Job position : Florist

iii. Contact : +0193367717

iv. Email Address : [email protected]

i. Name : Tan Bee Beng

ii. Job position : Owner

iii. Contact : +0129575858

iv. Email Address : -

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REFERENCES1. Security Check Required. (2016). Facebook.com. Retrieved

22 May 2016, from https://www.facebook.com/Melia-Florist-Gifts-628262573943694/?fref=ts

2. Security Check Required. (2016). Facebook.com. Retrieved 22 May 2016, from https://www.facebook.com/honeybeeklg/?fref=ts