New product plan for approval by IC
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Objectives:
1. To lessen cost of registration with IC
2. To make the products non traditional really non traditional, ie pegged at peso value only not the benefits
3. To simplify training of staff/sellers and servicing of account (by accounting) (lessen complexity) and save on forms and brochures too
Background:
As of now we have 13 product packages, 8 caskets, 3 cremation, and two pis and many of them are sometimes similar across the board.
A. Caskets services;
Social
Zinnia P15,000
Daffodil 20,000
Econo
White Rose 30,400
Gladioli 39,200
Cattleya 48,500
Peace Lily 62,400
Carnation 89,500
Chrysanthemum 110,400
Interment service
De Luxe 23,000
Luxury 25,000
Cremation
Direct Cremation 28,000
Cremation + White Rose 58,000
after cremation
Cremation + White Rose
+ Ash Crypt upper/lower 88,000
We can see that there are products with common price:
Say white rose and direct cremation and also interment service; carnation and cremation with white rose and ash crypts
What is the plan:
1. The product shall be non traditional
2. It shall be based on amounts (say plan P20t, Plan 50t rather than service package;
3. The products shall be used to purchase like currency services from mortuary or crematorium
4. To allow flexibility especially if we have tie ups with other memorial parks, like FL who have their own mortuary arrangement
5. The product plans are:
A. Plan 20t
Plan 30t
Plan 50t
Plan 100t
Cash benefits may be paid to the planholder if trust fund income exceeds 9% per annum on the average If below, the mortuaries will be supported.
The plans can be used as currency to pay for benefits at mortuary and crematorium instead of being used as a plan
Plan 20t can be used to avail of the Daffodil or Deluxe interment (dagdag pa ng P3t)
Plan 30t can be used to avail of White Rose, Luxury Interment and Direct Interment
Plan 50t can be used to buy Cattleya and Cremation with White Rose
Plan 100t and Plan 20t can be used to buy Chrysanthemum
Thus the sellers bring brochures for:
1. Chapel (funeral) service
2 Interment service
3. Cremation service
And say if you want to avail of this buy several of various plans for various services
They only have four plans to memorize to sell:
Plans Annual Semi Annual Quarterly Monthly
20,000 P4,000 2,100 1,150 480
30,000 6,000 3,150 1,725 600
50,000 10,000 5,250 2,875 1,000
100,000 20,000 10,500 5,750 2,000
B. New Plan for Plan 50t and P100t (Heritage)
If the planholder and his beneficiary are still alive after 20 years, a new but similar plan is made for the beneficiary that will be amortized for 5 years
Inquiries have been made to AAI for this simplified product plan
Jorge U. Saguinsin
The Holy Gardens Group - "THE MEMORIAL EXPERTS"
Holy Gardens Plus - about sales of services as addition to the plots bought
Destiny Financial Plans Inc - about duly licensed memorial plan for sales
Griefshare - free obit posting
Holy Gardens Best - best pictures
Landscaping ideas - gorgeous landscaping ideas
CONFIDENTIALITY NOTICE/disclaimer: The information contained herein is strictly confidential in nature and is the property of Holy Gardens Group and intended only for the intended recipient and its reuse,reprinting or taking action other than the intended party is strictly prohibited. Holy Gardens assume no responsibility liability arising from such unauthorized use.
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It is very spectacular that we always think about improvements. One thing we can contribute to the company is to read this post in order for us to know where and what the company wants to be.
ReplyDeleteAibram Lei Arinque
HR Assistant
It is indeed easy for the people to remember the plan if it is based on the amounts.
ReplyDeleteRoselle Carbonilla
Accounting Assistant
Definitely a good idea! It has a lot of advantage! It can lessen company expenses and products are easy to explain and to remember.
ReplyDeleteJocelyn D. Ibañez
Sales Coordinator
It is a great help for every Juan, both to our Company and to our customers.A one stop shop can help them save time and expenses.
ReplyDeleteHGOMP
Best chance of complete services in the holy gardens memorial park for the good of the majority.
ReplyDeleteGreat help to people who prepared their destination. We also lift than competitors.
Anna Bañez
HGGMP
ReplyDeleteIt will be a great advantage for us and also for the customers. It easy to promote the product.
Sofia Cueva
Great products and services that we can offer to our customers! A complete service which will mark us as one-stop-shop.
ReplyDeleteRocel Cariño
HGLUMP
It is good opportunity to everyone that we have a one stop shop and advantage to our company to boost sales and collection.
ReplyDeleteMildred L. Macaraig
HGCMP
In every organization, it is important to create or innovate new products or service that we can offer to the customers. With this new products, creates new job opportunities, more income to the staff and sellers and most specially our advantage to the other memorial parks.
ReplyDeleteMarjorie Miranda
Sales Admin Assistant