Rizal Philippines
January 31, 2017
Yesterday, in the absence of a driver, I went to Binan Laguna to see the blessing and inauguration of the St. Nathaniel Crematorium owned by Mr. Joshua Kim of New Life Techwin. My objective was to: 1. Assist them improve their business (as if our business is flourishing) 2. To learn from the operations, 3. Have joint of business of promoting the memorial plan company and cremation package. Although I left 7 am from Angono, I arrived at 11 am at Binan, all ready late for the 11 o clock opening
St Nathaniel Crematorium of Techwin
I was met by their driver Tony who is from Cabuyao at the Olivarez complex. And these were the things I found out:
1. The crematorium is a joint venture between Techwin and the city of Binan. They have a 70:30 sharing. Binan leases out the land, Mr. Joshua puts up the building and the machine.
2. The facilities are located in the city cemetery which is about 10 hectares and fully occupied. The city removed the other structures and housed the remains in 8 level body crypts. The cemetery is located next to a memorial park which has a common row abutting the Manabat St.
3. The cremation fees range from from P13,000 to indigent residents of Binan to P20,000 to non residents Bone cremation is one half of that of regular body cremation. I suggested that the company sell packages.
4. Their crematorium is simply constructed, low slung, with Porte Cortero in front, about 50 sm customers area. Even the crematorium area is low ceilinged. The crematorium is lined parallel to the street. It has no industrial equipment like blowers and steel doors. The exit at the back though is 3 x 2 sliding door for ventilation
Mr Joshua and execs of Forest Lake Chapels
The door to the crematorium
The SerenityTechwin cremation machine
/The customer waiting area
Flower wreaths are the only ones that mark the inauguration
no tarps or banners
The view of Binan cemetery from the crematorium
The St. Nathaniel staff; Arlyn the coordinator is second from left
The church service in Korean, done by their pastor
Square bench and a marble table near wings of the crematorium
Binan City Cemetery
5 level bone crypts where bones are transferred after 5 year in body crypts (apartment type) They are more expensive to construct that Mr Joshuas ash crypts
The eight layer body crypts
The cemetery being upgraded to look like a memorial park
With a statue over a structure filled with bone crypts
Another set of body crypts at the eastern side, about a 100 rows
Before the crematorium 50 rows of 8 layer body crypts
New city cemetery ceremonial chapels
Sign of congestion at the entrance
The cemetery is along Manabat St. at Bo. San Antonio
Forest Lake Memorial Park
It is located some 3 km from Olivarez, or 6 km from the Binan City cemetery. It about 20 years old, covers some 14 hectares and with over 30,000 plots
They have 4 chapels complete with family room and rents for P12,500 per night. It cost them P25 million to build. They are trying to expand into adjoining property but it will set them back by P10,000/sm raw land.
Some insights from Mr. Syyap the chairman:
1. They have superb sales force; and they are dedicated to Forest Lake because they know the FL can deliver the products. They are also well taken care of, so they will die for FL
2, They have 250,000 satisfied buyers all over the country and what other things can we offer them? Prepaid services (and may be loans)
3. They upped their PC to 20% (from 12%) because according to Mabini Juan of AAI their current pc will only last for 25 years; 20% will last for 50 years
4. For JV it is 65 to 35 in their favor after removing about 50% from the top:
20% pc
20% ME
5% management fee
12% VAT
5. For the PC in order to be viable, and in order to make their jv happy, they upped the price of their plots, bought the expensive plots, paid off the jv, and the PC is selling the plots (choice) at higher prices.
4 memorial chapels costing P25m
built along the ROW, 12,500 rrental
Bamboo curtain plants at the ROW
The chairman said we have better
landscaping and interment
6. He said that it is the high passion and standards that gives value to the memorial park. If the top honcho is gone, then the beauty and exceptional quality of the park vanishes.
Observing competitors is a wise move as we can see what we have better and what we do not. In that way we can determine which factors can be improved and realize the potentials that our business has.
ReplyDeleteAibram Lei Arinque
HR Assistant
It is indeed a best strategy to know our competitor's standing for us to create a best way to improved more.
ReplyDeleteRoselle Carbonilla
Accounting Assistant
It is very important to have a friendly competition. Know your competitors, share your thoughts and learn from them as well. Make memorial business a big success!
ReplyDeleteJocelyn D. Ibañez
Sales Coordinator
In line to business, we can't avoid competitors...But we can consider this competitors as our challenge, in order to think good ideas or some innovation to bring us success.
ReplyDeleteHGOMP