Clubs
and bars are referred to as the local places for gathering at where the
customers can easily take and drink the alcoholic and nonalcoholic drinks and
eat the bar foods. The clubs and bars are also considered as places which could
have relationship with certain vendors for market or in order to increase the
particular brand awareness. These are also known as the casual environments
that is consist of the tables and stools of the bars and it provides the means
of all kinds of entertainment like dancing, music, and comedy shows. There are
several markets in the bar and club industry of Indonesia; it includes biker
bars, college bars, alternate bars, singles bars, and family bars. The
particulars kinds of the market in this industry offered to increase them in
order to draw certain audiences. The
target market for the bar and clubs industry is mostly youngsters with high
incomes. The target market of the wine bars is the individuals who like upscale
wines. Martini bars are targeting the penchant for martinis.
Marketing strategy of
Bar and Club in Indonesia
Market
segmentation of Bar and Club in Indonesia
There
are three major market segments that will be appealed by the Fine bar. There are some rooms of the estimates that
are allowed by the market segmentation scheme of the Fine bars, and these are
also used to estimating the non-particular definitions (Michel Wedel,
2012).
These three market segments are;
Childless young
professional: The fine bar will appeal to the
single adults as well as young couples due to its Cinemark and proximity for
the IMAX (Image
Maximum).Actually IMAX is the world’s largest
cinema. In this paper it’s discussed in the context of entertainment. Since the
Fine bar would be near to IMAX, it would attract the people coming from IMAX
after watching movie.It can be the couple or group of friends who have planned
to spend some precious time with each other.
College students:
fine bar has created an environment that will attract the college’s students as
it has a bouncing dance floor and aquarium that will be one of the most
important eye-catching points for college students. Fine bars also secure the
natural progression among the young professionals and students of the high
schools.
Business travel and
tourism: Tourist and the business traveler’s
market will be the chief guest of the fine bar. Because more and tourists,
travelers and businesses are seeking for Waldport every year. The Fine bar will plan to get access to these
people by using direct marketing for the patrons of the local hotel.
Target
market of Bar and Club in Indonesia
The area of our business will be Pondok indah, Ancol, Blok m
and Mangga dua and the age group that can be attracted to our business will be
college, university student’s and business people also example age group will
be 16years to 33years. Monthly income of those will be ranging from IDR
4940105.75 to IDR 9880211.50 per month. Spending on the club will be maximum
IDR 1976042.30 per month.
For the fine bars, the target markets cut across the people
of the various classes particularly according to their age and income level. It
also includes the tourists who are locally from Indonesia and who came from
across the Indonesian borders. The people from all walks of life are major
target markets of the Fine bar. Fine bar has already conducted its market
survey as well as feasibility study. In this market survey it has observed
those points which are expected by the Fine bar will patronized by these
points. These became the target market and loyal customers of the Fine bar. The
below-given list of the tragedy markets is representing the numbers of the
customers of the Fine Bar in Indonesia. It represents that it will attain a good
profit (Weinstein, 2013).
·
Tourists
·
Corporate Executives
·
College Students
·
Business People
·
Government Officials
·
People in the entertainment industry
·
Sports Men and Women
·
People in the entertainment industry
Products/ Services of Bar and Club in Indonesia
Fine bar is going to
perform as the standard club and bar and it focusing on the quality services
and products for their potential customers. In the Fine bar, every activity
will get available related to the entertainment of the clients. It includes all
kinds of products and services that are the parts of international bars and
clubs. The fine bar is performing in the sector is the bars and club in order
to favorably compete with the leaders of the industry. Despite the dance and
music the Fine bar will ensure that it will go long for the assorted drinks
that are available in the market. Fe of the services and products that will be
the parts of the Fine bars are given below.
- Tobacco
- Liquor
- Wines
- Small Chops
- Distilled spirits
- Martinis
- Standup Comedy
- Dance and music
- Services for
parties and hall rental
- It includes all
kinds of the beers as; Bud Light Platinum Lager, Redds Apple Ale, Bud
Light, Pabst Blue Ribbon, Natural Light, Michelob Ultra, Budweiser and
Coors Light
- The locally
crafted bears are also one of the most important products of the fine
beers, and it includes brands; Cider, Pale Beers, Dark Beers, Organic
Brews, Hebrew Beers and Gluten-Free
Prices of Bar and Club in Indonesia
The prices of the
products are depended upon the products and quality of the services, but the
Fine bars will provide the products of all prices that would be starting from
the $ 5 to $100. The various pricing strategies will be used in this business
that would be also part of the promotional strategies. The membership card will
also issue to the regular customers there would be balancing system in this
membership card, such as in $500 the customer can visit the Fine bar 4 times in
month and avail the particular premium services by using the international
brands of the Fine bars.
Promotion of Bar and Club in Indonesia
For promotional
strategies, Fine bars will use all kinds of new and innovative promotional
strategies. The USP's unique selling point of the Fine bar is that it has the
collection of all brands of the beers that are producing locally and
internationally. Tobacco products in different flavors and assorted drinks are
also parts of the Fine bars. In order to ensure that Fine bar not only
attracting the customers but also generating the profit for them it adopts the
various strategies (Venkatesh Shankar, 2012).
To welcome the direct potential customers,it
will position it in greeters.(Greeters are volunteers who welcome tourists in
their city or region, and show them around for free as they would do with
friends or family. It is a form of social tourism; the residents participate in
the activities of the tourists, and tourists get to see the local life of the
place visited.) It means the greeters would be target customers or potential
customers of Fine bar.
It will use attractive handbills in
order to create awareness as well as for providing the directions of the Fine
bars.
Plan of traditional guerrilla marketing
tactics
Due to the rapid growth of technology the
digital markets have become one of the most important sourcesin introducing the
business, products, and services. Fine bars will use various innovative
strategies by using various social networking sites in order to market their
business in the Indonesian markets. It will use direct advertisements on
Facebook, Twitter and Instagram(Akhtar, 2016). Then it will take the leads of the
business professional and then text the messages will be sent to the target
market for introducing its business tactics. The pages of the colleges' groups will also follow
and like the Fine bars (Snedeker, 2018).
Selling of product or services
of Bar and Club in
Indonesia
The Fine bar will encourage their
customers to buy their products by providing various services such as standup
comedy, live band, music and various kinds of edible products in snakes.
Moreover, the bouncing dance floor and aquarium is the one most important eye-catching
service for its potential buyers. It will attract its customers by its servicescape. The Fine bar will sell its products by
targeting the buying cycles of the market. In order to improve the buying
cycles of the customers it will conduct the feedback from the customers.
References of Nature of the business and key markets of Bar and Club in Indonesia
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