Post on 25-Jun-2015
description
CHOTUKOOL
INNOVATOR –GODREJDATE:2/11/12TEAM DCSMAT
RESHMAARAVINDVINEETHARUN
CHOTUKOOL •CAN EMBODIMENT OF FRUGAL INNOVATION
• SUITS TO SERVE THE LARGE LOW INCOME MARKETS IN INDIA’S BOTTOM OF ECONOMIC PYRAMID.
•CHEAPEST MINI REFRIGIRATOR
•CAN OPERATE ON BATTERY, INVERTOR AND BY SOLAR ENERGY AS WELL.
• LOW OPERATIOANL COST
•COMPACT SIZE
FEATURES
•43 LT CAPACITY TO MEET THE DAILY NEEDS.•PERFECT OVERNIGHT COOLER.•OPENS FROM TOP .
•RETAINS COOLING BETTER MAXIMUM UTILIZATION OF STORAGE SPACE.
•WORKS ON ELECTRONIC CHIP, NO COMPRESSOR OR REFRIGIRANT.
CONTD..• PRESERVES VEGETABLES AND EATABLES,
FRESH COOLS 28 DEGREES BELOW ROOM TEMPERATURE
• MADE OF HIGH QUALITY PLASTIC RUSTPROOF
• 9 KGs OF WEIGHT COMPACT AND EASY TO MOVE.
• WORKS ON SOLID STATE ELECYTRONIC CHIP.
• PRICE- 3970/-
CHOTUKOOL :A DISRUPTIVE INNOVATION
• CREATING NEW MARKET AND VALUE NETWORK WITHIN THE EXISTING MARKET.
• MAIN TARGET MARKET FOR THIS PRODUCT IS BOP CUSTOMERS WHERE CONSUMERS DOT EVEN USE OR EVEN KNOW ABOUT A REFRIGIRATOR.
TARGET CUSTOMER
HOUDEHOLDS SHOP
BENEFITS FOR BOP
HOUSEHOLDS• 80% OF RURAL HOUSEHOLDS
LACKS BASIC APPLIANCES , CHOTUKOOL IS A SOLUTION FOR THIS.
• HELPS TO ADRESS BASIC REFRIGIRATION NEEDS OF RURAL FAMILIES IN INDIA.
• ADRESSING THE NEED OF STORIING PERISHABLE PRODUCTS.
• REDUCES SPOILAGE OF FOOD.
SHOPS• THEY KEEP COLD DRINKS,
WATER PACKETS , BOTTLES IN IT
• CAN KEEP TOBACCO LEAF COOLER .
• FLORISTS CAN USE FOR THEIR FLOWERS AND GARLANDS
• FISHSELLER CAN PREERVE THEIR FISHES TO SELL THEM FOR LONGER TIME OF DATES
• MUMBAI DABBAWALLAS CAN USE IIT FOR DISTRIBUTING COLD WATER.
REACHING THE BOPTHROUGH..
• DEPARTMENT OF POST OFFICE• MICRO FINANCE INSTITUITIONS• SELF HELP GROUPS
STAKEHOLDERS
• MANUFACTURERS(GODREJ)• DEPARTMENT OF POST OFFICE• MICRO FINANCE INSTITUITIONS• SELF HELP GROUPS• END USE CUSTOMERS
OTHER BENEFITS FOR BOP
• EMPLOYMENT OPPURTUNITIES THROUGH SELF HELP GROUPS
• VILLAGERS EARNING MONEY FOR DISTRIBUTING CHOTUKOOL.(COMMISSION)
COMPETITION• MITTICOOL-MANSUKHANI PARAJPATI• NO ELECTRICITY REQUIRED• PRICE BETWEEN 2500-3000• TWO COMPARTMENTS• MADE OUT OF CLAY
SWOT ANALYSIS
STRENGTHS• STRONG BRAND IMAGE• REDUCED OPERATIONAL COST• RELIABLE SUPPLY• POTENTIAL RURAL MARKET• INCOME GENERATOR
WEAKNESS• CONSUMER BEHAVIOR PATTERN• PRICE CONSCIOUS PEOPLE• LESS KNOWLEDGE
OPPORTUNITIES• UNTAPPED RURAL MARKET IN INDIA• POTENTIAL MARKET IN OTHER
DEVELOPING COUNTRIES
THREATS• NO COMPETITORS• CAN NOT CUSTOMIZE
SUGGESTIONS • EDUCATE THE BOP CUSTOMERS WHO ARE
STILL UNAWARE OF SUCH PRODUCT.• CREATE A NEW DISTRIBUTION ECOSYSTEM• CONVERSION OF MFIS TO LOGISTICS
PARTNERS
THANK YOU