4,999.0071,999.00

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Mystery Shopping Business Feasibility Study Report(BFSR) + Business Plans(BP) 71,999.00 instock
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Mystery Shopping Detailed Project Report(DPR) 49,999.00 instock
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Mystery Shopping Business Plans(BP) 59,999.00 instock
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Mystery Shopping Business Feasibility Study Report(BFSR) + Project Report(PR) 62,999.00 instock
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Mystery Shopping Business Modelling(BM) 4,999.00 instock
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Mystery Shopping Business Feasibility Study Report(BFSR) 19,999.00 instock
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Description

Customer Satisfaction is a must for any company and to ensure that, most of the companies define certain processes and parameters for their sales outlets. To measure the execution of these processes, companies hire mystery shopping companies to conduct regular audits on their location.

Mystery shopping is a market research tool that helps businesses assess information and measure the satisfaction around a product, service, facility or operation. This tool is generally used externally by market research companies or watchdog organizations, or internally by companies themselves to measure their quality of service.

This research is performed by “mystery shoppers” (also called, secret shopper or anonymous evaluator), who are provided with certain training on how to measure various parameters. They may visit a restaurant, retail store, bank branch or other such locations with the objective to observe, interact, and report on other customers & employee’s behavior, to gather specific information about products and services, to measure retail operations compliance, ambiance, infrastructure, etc.

Mystery shopping is mostly used by franchising companies to understand the employee-customer relationship at their outlets and sometimes, their competitors. This industry is witnessing high growth as new franchisors are coming with innovative business ideas. According to a KPMG and Franchise Association of India (FAI) report, the market size of the Indian franchise industry is estimated to be $50.4 billion in 2019, an increase from $13.4 billion in 2012.

The demand for mystery shopping companies will continue to grow as more and more companies are beginning to realize they need market research or mystery shopping agencies to help them evaluate their performance to improve on their services, penetrate their target market and create the required brand awareness that will facilitate business growth and expansion.

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Additional information

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Business Feasibility Study Report(BFSR), Business Modelling(BM), Business Plans(BP), Detailed Project Report(DPR), Business Feasibility Study Report(BFSR) + Project Report(PR), Business Feasibility Study Report(BFSR) + Business Plans(BP)

Business Feasibility Study Report

The Business Feasibility/ Viability Study is performed to support the decision-making process based on a cost-benefit analysis of the business. It is a strategically designed informative document which will manifest limitations about the Mystery Shopping Business and will support in identifying the project viability. The business is considered viable/ feasible only when it claims to make profits for a longer period and sustain. The longer a company can stay profitable, the more the project is viable.

Our report will provide all the statistical data on the legal, technical, social, economic, and many more factors; which will help you in determining the business feasibility/ viability. It also offers a past performance of the business and industry, such as a description of the product or service, market insights, current trends, details of management and operations, financial data, legal requirements, etc.

Report Highlighting Point:

  1. Business Feasibility: Study of Micro and Macro elements of the Business.
  2. Market feasibility: Includes Market Insights, Market Potential for the Product and/or Services, etc.
  3. Technical and Financial Feasibility: List of Plant Machineries/ Equipment, Laboratory Setup, Calculations on Operating Cost, ROI and BEP.
  4. HR and Infrastructural Feasibility: Location, Building, Utilities, Manpower Requirement, etc.

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Business Modelling

Business Modelling is one of the most essential and differentiating steps in Business Planning. And this report helps you with the most sustainable, potential, profitable business models for Mystery Shopping, and it will clarify all important points on those models one by one in a simplified manner. The other highlighting points for this Business Modelling Report are overall views upon;

• Size and Potential

• Target Markets

• Legal details

• Costing and Pricing

Furthermore, it serves the purpose by explaining who your customer is, what value you can create/add for the customer and how you can do that at reasonable costs.

Report Highlighting Point:

  1. Business and Concept
  2. Market Research and Analysis
  3. Feasible Business Models
  4. Budget Calculation for Each Model

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Business Plan

A business plan is a document that describes the overall business, its products or services, revenue model, strategies, human resources, financial analysis, operations model, and other details that are essential for success. A good business plan can go a long way and help reduce the odds of failure. It serves as a road map that provides direction to the business.

Our business plan will help you in

• Finalizing the best-fitted model

• Determine goals and areas

• Details of every department of the business

• Raising money for business

Report Highlighting Point:

  1. Elevator Pitch
  2. Business Overview:  Market Dynamics, Market Size, Market Potential, Strategic Analysis using Porter’s Model, PESTLE Analysis, SWOT Analysis, BCG, ETOP Analysis, etc.
  3. Project Details: Company Description, Goal Setting, Legal Requirements, Production Process, Logistics and SCM, Sales and Marketing Plan, etc.
  4. Financial Analysis: Includes Capital Budgeting, P&L Statement, Balance Sheet, etc.
  5. Business Projections over 5 years
  6. Milestone and Timeline Planning.

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Detailed Project Report

A Detailed Project Report on Mystery Shopping Business is a document that will provide you information to understand the overall proposed business. DPR is nothing but an absolute informative document which will help you gain all the knowledge and help you explain the project to all the stakeholders. It explains details gathered for Economic Analysis, Technical Analysis, Financial Analysis, Social Analysis, Managerial and Production/Technological aspects of the Mystery Shopping Business.

It initially serves the purpose of structuring

• A detailed roadmap of business.

• Financial help from the right institution with ease.

Thorough information from various areas for unilateral fulfillment.

Report Highlighting Point:

  1. Project Details: Pre-requisites, Project Implementation Plan, Mech-Structural Plan, Sales and Marketing Plan, Manufacturing Process Flow Chart, Personnel Requirement.
  2. Financial Analysis (5 years): Capital Budgeting, Financial Ratios, etc.

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