Tuesday, April 17, 2012

Tailor your weddings:

 Customizing your wedding through Event Management Company, are no longer the sole privileges of super rich. More consumers are hiring event planners and designers to tailor-made the occasion to suit varied pockets.

“The wedding market was no where ten year back, and then it arrived for the richest. Today it is for everyone ready to spend little extra”- by an executive partner from an Event management company. He continued “Recently one of the client spent US $ 80,000 for her weddings that was organized and managed by us”. Well to compare typical Indian weddings in the US cost three times the average American ceremony. This is the reason why global salon brands are looking ways to enter the rich Indian market. While interviewing another US based NRI invited 300 people and spent US$ 90,000 for “a well managed and stress free wedding”. He added that thanks to the planners, he and his wife did not miss out the fun and celebrations. The estimated US $ 30 billion Indian wedding industry is growing at 20% annually and the new figure is expected to come in the near future. Such figure can be assumed to be a honey trap for top wedding brands in providing wedding services in the potentially huge wedding market like India. To read the potential of the Indian wedding market read my next blog on: SWOT analysis of India as a hot investment destination for the top wedding brands.
 These Wedding planners offer one stop solutions that includes venue selection and design, dress and jewellary design and selection, florist services, catering, entertainment troupes and designed program, make-up services, gifting and guest management services. The role of the wedding planners can range from selecting a perfect venue for wedding and finding the right kind of catering services that can cater to the needs of customary foods and drinking habits in a particular region. Apart from right selection of venue and catering services the events planners are also consulted for invitation card designing and getting the type and style of return gifts. With so many regions and so many cultures to follow the biggest challenge for the event planner is to create a delicate balance of all rituals observed in a particular culture and also not losing sight of the glamour factors. In some cases it is totally left to the creativity and skills of the event planner so as to how they can make the whole wedding events memorable.
Destination weddings, though they cost 30%-40% more, are hot. Wedding outfits, accessories and make-up services are also seeing a huge amount of personalized choice and couture businesses are growing at rate of 20% as more and more consumers are not averse to experimenting. Today, it is not just about brides and grooms anymore but the trend has shifted to friends and family who comes for the occasion for that perfect look.

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