Assignment Title: The unique service in a Banglalink package


AMERICAN INTERNATIONAL UNIVERSITY BANGLADESH
Faculty of Business Administration

Assignment Cover Sheet


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Assignment Title:  The unique service in a Banglalink package

 Due Date  01.04.2009                                                                         Semester: Spring - 2009

Subject Name: Management Information System                                   Section: A

Course Instructor: Mohammad Arifur Rahman                  Degree Program:          B.B.A




 










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Group Name : Square Textile
 
      
       

No.
Student Name
Student Number
Student Signature
   Date
1
Rahman Md.Shabbir
06-06586-1

01.04.09







The Unique service in a Banglalink package

Now a day’s one of the most booming as well as the most competitive business in Bangladesh is the telecommunication business in the mobile phone industry. Grameen is the market leader followed by Banglalink, Aktel, Warid, Citycell and Teletalk. .Banglalink is holding the second position so no doubt they are the biggest competitor for Grameen to replace their position and establish them as the number one telecommunication industry in Bangladesh. One of the ways Banglalink can become number one is by gaining more and more customer. In order to do that Banglalink needs to provide more attractive services in order to attract more customers. So a new business idea which is a unique service in a Banglalink package can help Banglalink to gain more attention of customers in order to increase market share. This new business idea or unique service is “25% bonus minutes will be given for both incoming and outgoing calls made in a month and bonus minutes can be used to any mobile operator.”
                 

Justification why the service is profitable


Bonus minutes is very useful because not only it saves people’s money (to make call you need to spend certain amount of money but you don’t have to if you have bonus minutes)  but also you can make call even if you don’t have balance in your account makes it more attractive as well as useful to the customers. As most of the customers in this country belongs to middle class or poor, so anything which saves their cost or get anything for free is highly being liked or appreciated by them. 25% bonus for making both incoming and outgoing call will give them a good amount of bonus every month for which they definitely get attracted and new or other operator customers will buy Banglalink simcard as well as the existing customers subscribe to use this service. This will result a good amount of profit that is why this business idea of the unique service worth of profit. That is why this service is going to benefit Banglalink greatly in order to gain profit, increase market share to establish them more strongly in this competitive business.


Business Process


As this package is unique and so far no one had offered it, so first of all what I need to do is to make the promotion of this service in  such a manner that it gains attention of the target market, existing customers & if possible, the other customers also. Business process starts with the customer need & these bonus minutes is definitely a need for the customers because it saves a lot of money for making call and also is a great help to maintain communication when you do not have enough credit in your balance.

Since the service is new in the Banglalink package, so a huge amount of money can be gained if subscription fee of 5 taka can be implemented for the existing customers to enjoy the 25% bonus minutes for outgoing calls to any mobile operator which will be gained from both incoming and outgoing calls in a month. As the subscription fee is quite low, so out of 1crore plus customer it can be estimated that over 30 lakh customer will subscribe in this package or may be even more  will automatically give a minimum of 1 crore 50 lakh taka instantly will be used for the advertisement purpose. Advertisement will be given in the form of billboards, Television advertisement, newspaper ads, magazine ads & also in the internet in the Banglalink’s website, the way it is given in a regular basis.

To attract the new buyers, this service will automatically be offered along with the other services that are being offered in the package. Basically if bonus given for both incoming, outgoing calls then most people will get around 50 minutes minimum and maximum can reach about 200 plus minutes which can be used to call to other operators and 50 bonus minute worth around 100 taka or more so people will definitely like it as anything given for free is highly appreciated in Bangladesh. Also as our country is ranked among the poor countries in the world and most of the customers in this country are middle class or poor. So it can easily be forecasted that people will get attracted with this new service idea and will buy the product as the tendency of lowering the cost tends to concentrate more on them. In case of the customers of other product, this attractive service will encourage customers of other product to switch to Banglalink specially the middle class or poor class group due to the bonus minute as the bonus given in other operator is not much and mostly other operator give bonus if people recharge but in case of this service its basically free as it is given for the incoming and outgoing of the month, not for any recharge makes the service more and more attractive for the customers of other product.

 Another benefit of this service is, this service will also encourage the customer to talk a bit more in order to gain more and bonus minutes thus, prove to be profitable for Banglalink. The reason why it will be profitable is more and more money will be gained as the amount of recharge increases due to increase amount of time spending on talking. In the last few years it is seen that any kind of service for which you get benefitted for increasing the amount of usage resulted positively so in this service it can also be predicted that the usage of people will increase after this service is launched. Another major purpose of business process is add more value so this service is definitely adding more value to the Banglalink package as it is making Banglalink package more and more attractive thus, fulfilling the purpose of the business process.

So the service will help Banglalink to attract new customers, also customers of other product to switch to Banglalink will help Banglalink to increase the market share, gain more customer will result to more expansion of business and also by subscription a huge amount of money will be gained from the existing customers.

This new service will be installed in all the existing customers and the money that will be needed to install this service will be retrieved from existing customers and also from increased number of customers. The moment all the money spent to implement this unique service is retrieved, profit generating will start. That’s how business process will be done.          

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