Understanding The Framework Of: Blue Ocean Strategy

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UNDERSTANDING THE FRAMEWORK OF

BLUE OCEAN
STRATEGY
Ashwin Sudhir - 20121106
Deeksha Jaiswal - 20121108
Bhavya Thamban - 20121119
Samantha Dsouza - 20121110
Kshitiz Choudhary - 20121114
What are we discussing about?

1. What is Blue Ocean Strategy?


2. About Google Inc.
3. Why is Google "blue"?
4. What is the ERRC Framework of Blue Ocean
Strategy?
5. How does Google Inc. effectively use the ERRC
Framework?
6. Business Plan – Peppy Paws
7. Conclusion
WHAT IS BLUE OCEAN STRATEGY?

An Ocean is referred to "markets & industries.”


Blue Ocean is an "Unknown Market Space."
Blue Ocean Strategy creates more demand.
Blue Ocean Strategy provides profitable and rapid
opportunity for growth.

Source: www.blueoceanstrategy.com
Google Inc. is an American Public Corporation.
About Google, Inc.
Their mission is “to organize the world’s
WHAT IS IT AND WHAT DO THEY DO? information and make it universally accessible
and useful.”

The organization specializes in Internet-related


services and products.

Source: www.about.google.com
Why is Google Blue?

GOOGOL TO GOOGLE
The work of the founders Larry Page and Sergey Brin.

THE ERA OF 90'S


When the founders first met and their first data center.

THE NEW MILLENNIUM


When did Google become so popular and what actually
happened?

Source: www.thaavan.com
The ERRC Framework of Blue Ocean Strategy

ELIMINATE REDUCE
Why factors that the industry
Which factors should be
has long competed on should
reduced well below the
be eliminated?
industry’s standard?

RAISE CREATE
Which factors should be Which factors should be
raised well above the created that the industry has
industry’s standard? never offered?

Source: www.blueoceanstrategy.com
Google’s Effective Usage of the ERRC Framework

ELIMINATE REDUCE RAISE CREATE

• Search • Visual cluster of • Ease of Use. • Google Page


configuration other portals. • Better and Rank
paradigm. • Clutter in e- Higher Speed.
• Configuration mails • Accessibility.
options for • Transparency.
users

Source: www.thaavan.com
Introducing "Peppy Paws"
YOUR BEST FRIEND IS OUR BEST CUSTOMER.
OUR LOGO

PEPPY PAWS APPLICATION DESIGN


A platform exclusively for pet services to give Peppy Paws is an application based
them all they deserve and need. business.
What are the services provided?

Salon & Spa Pet Dietitian Adoption & Care Pet accessories
Play Time Visits Pet Behavior Training Services Organic Food and
Routine Check-ups Pet Sitting Health Products  
Pet Clinic Services
Marketing Strategies

Peppy Paws & Social Media


Social Media Advertising
Influencers Collaboration

Exciting offers for frequent


customers
New "Peppy Paws" pet owner
Premium customers receive a free training session
exciting service packages. on how to take care of their
pet.
ERRC Framework of Peppy Paws

Eliminate Reduce
• Time constraints. • Costing
• Chemical Products • Complexity

Raise Create
• Ease of use of application • Peppy Paws Pet Dietitian
• Efficiency in workforce • Adoption - Social Service
• User friendly business
Peppy Paws - Mobile Application
Flyers used to advertise "Peppy Paws"
Social Media Promotional Posts

Instagram Facebook
The Financial Plan
SERVICE CHARGES?
PROFITS? EXPENDITURE?
Sources of Income
Source 1 Source 2 Source 3
Services Amount (Rs.) Grooming Products Amount (Rs.) Special products for Amount (Rs.)
your Pets
Pet Sitter 200/- per hour Pet Shampoos & 360/- per item
Conditioners Pet Grooming Kits 500/- per kit
Pet Complete 750/- Brushes 200/- per item
Grooming
Pet Cage – Ranging from: 600/-
Pet Day care 750/- a day Customisable to 2600/-
Hair Removal Mitts & 300/- per item
Rollers
Pet Training 500/- per visit Pet Food Bowls & Ranging from: 350/-
Pet Bath Accessories 200/- per item Chewing Toys to 1000/-
Pet Clinical Visit (on 350/- per visit
demand) Organic Pet Food Ranging from: 500/-
Pet Health Check-up 850/- per check-up Pet Grooming Wipes 150/- per item to 900/- per kg.

Pet Adoption (Legal 350/- Pet Toys Price range varies as


Pet customised nail 200/- per item
& Base charges) per choice of toys
cutter
Sources of Expenditure
Particulars Amount (Rs.)

Cost of Application Development – Peppy Paws 6 lakhs


Cost of Website 4500/-

Website Maintenance Changes 1500/- per year

Salaries of Employees 7.5 lakhs per year

Labour on Contracts 1.5 lakhs per year

Office Rent 2.5L + 5L

Furnitures 2 lakhs

Office Appliance & Stationary 3.5 lakhs


Contact Information
FOR QUESTIONS AND
SUGGESTIONS ABOUT THE
SERVICES

SOCIAL MEDIA HANDLES


Instagram: @peppypaws
Facebook: PeppyPaws

EMAIL ADDRESS
peppypaws@petcareservices.com

PHONE NUMBER
(123) 456 7890

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