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SUBMITTED BY:

Ayushi Dasani
Vishal Dutt Singh
Puneet Saraswat
Ritesh Agarwal – CEO Ritesh Agarwal, CEO & founder, OYO
Hotels & Homes, said OYO Living was
conceptualized based on the
feedback and demand from
customers and asset partners. “We
saw this as a huge opportunity and
decided to leverage our hospitality
experience to offer a first of its kind
end to end fully managed living
experience," he said.
OYO
LIFE
STRENGTH WEAKNESS OPPORTUNITY THREAT
Standardisation: The Oyo Rental Property: Do not Focus on budget Competition: With lowered
life are mostly owned by own any building or accommodation: Earlier barriers to entry, There are
various providers but have property All the property of the trend was more biased a lot of competitor like
just been standardized Oyo life is rented. towards luxury but not Nestaway, Zolo stay, Stanza
under the Oyo franchise anymore. People are trying living, co-live etc which
and thus people are Preference: people to minimise spending and offer a varied gamut of
guaranteed of standardized preferring hostels and PGs focus on saving and thus services similar to Oyo Life.
service in all Oyo life rooms for accommodation budget rooms that can
wherever they may be provide decent boarding Growing concerns about
located. and lodging facilities are on safety: Today there is
a high demand today. negative imagery of unsafe
Investment: Capability of stays and the number of
huge investment. A surge in the number of cases of harassment is on an
Professional and Students increase. Though Oyo life
Brand Image: Good Brand in emerging does not guarantee safety at
Image of OYO rooms economies: The number of any point in time for its
people who migrate for hotels they have a moral
Policies: Brokerage, 1- higher studies and to do commitment to ensure that
month Deposits, No jobs in different cities have no such untoward incidents
Landlord Interference, increased, both genders happen.
Stayed Supervisors and has grown profusely in
guards. emerging economies. This
has resulted in a demand
for budget stays.
Porters 5 Force Model
THREAT OF NEW ENTRANTS
LOW
Because coming up with such a concept requires a
huge investment also OYO Life has made its mark
due to Oyo’s strong brand image

BARGAING POWER OF
BARGAING POWER OF BUYERS
SUPPLIERS
LOW
RIVARLY AMONG EXISITING HIGH
Because fueled by rapid urbanization,
COMPETITORS Because there are limited sellers in the
which is expected to increase to 40% market and the number of customers are
by 2030 from ~25% in 2001, a large HIGH
high and co-living’s penetration is going
part of millennial population finds Due to presence of Zolo Stay,
up to 8.3% and is estimated to grow at
themselves looking for Nestaway, Co-Live, Stanza Living 17% CAGR in next 5 years, co-living will
accommodation in a new city so they be an INR 1 trillion market opportunity
have limited sellers. by 2023

THREAT FROM SUBSTITUTES


HIGH
Because students and professionals still prefer
modes of accommodation like PGs and Hostels
and rented personal flats and rooms.
COMPARITIVE ANALYSIS

OYO 40000(beds) Rs 4999- Rs 13000 10 cities $200 M


BUSINESS IDEA

• Our Business idea which can help Oyo Life grow at an accelerated pace is to
provide a safe living environment to every segment to carter their needs in tier 1
and tier 2 cities.

OBJECTIVE:

• To safeguard the interest of the customers.


• To render a better living experience at a relatively lower price.
• To provide a homely environment with due safety measures.
STRATEGIES

• Oyo life can render facilities of SOS features inside each of its rooms to safeguard the interest of
students and working women.
• Oyo life can collaborate with some specific cabs and cab drivers associated with online rental cab
portal provider such as Ola and Ubers so that the cab facility is available 24*7 that too with utmost
security and faith in the drivers to provide a mental security to the working women living in Oyo Life.
• Oyo Life can collaborate with food service providers to provide food on token system as in when
required as its competitors like CO-HO is providing such facilities.
• Oyo Life can introduce Big Basket Instant inside their Oyo Life space for rendering additional services
that too for 24*7.
• Oyo Life can hire a security agencies so that a verified security guard from the agency guards the Oyo
Life space.
• As Oyo Life is providing a co-ed living facility so it can be made sure that every person entering into
the space provide his/her own valid government authorised identification proof.
• Oyo Life can build its own separate co-living space catering only to the females segment if its finds
that it’s the need of the time.
IMPACT

• These strategies will impact positively in the minds of the Oyo Life
customers as they will be having more trust and faith in Oyo Life.

• Parents play vital role in making accommodation choices of the females


and students, they will have a sense of security in leaving their children as
security is well taken care of in Oyo Life because Parents have a big say
when it comes to student housing, along with an increased focus on safety,
security and living standards

• Oyo Life will be spreading into Tier 2 cities as well so it will bring goodwill
to the brand as its reach and recognition will enhanced.

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