Group 8 Bz Plan
Transcript of Group 8 Bz Plan
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Market Size in India
India has an increasingly
affluent middle class population
that, on the back of rapid
economic growth, has made thecountry’s consumer electronics
industry highly dynamic
The MP3 market in India is
currently pegged at 900,000 units
and is expected to increase 13%
by FY2012.
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Apple I-pod - 50%
Sony - 20%
Transcend - 5%
Creative - 4%
Others - 20%
MP3 Players Market Share
Others include SanDisk, Philips, Samsung, Genius etc
Source: Cyber media Research DQ
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G-LIMITED
• G-limited is launching its first product in
April 2012 with advertisement in IPL-5.
• G-limited lives with the vision through the
technologies it develops for consumers.
• Our objective will be to satisfy our
customers by providing technological eco
friendly products.
• Our goal is to continuously move forward
with a variety of products.
• We do not believe in making statements…
But believe in doing things.
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COMPANY PROFILE
Our company will be the first Indian
company to launch a eco-friendly MP3
product.
Our company will have a factory onlyfor assembling purpose which will be at
Vasai.
Our machines will be imported fromJapan.
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COMPANY PROFILE
Our company will be the first
company in India to launch a eco-
friendly MP3 product.
Our company will have a factory onlyfor assembling purpose which will be at
Vasai.
Our machines will be imported byforeign countries.
MISSION: Creating Eco-friendly products with best
available technology in market . Also, continuously
investing in R&D and coming up with innovative
products to address the fast changing needs andrequirements of consumers.
VISION: Trend and fashion will be equal to g-band. To
launch more products like g-phone, g-tab etc in the
coming years and also to be the leader in productinnovation. Our company will convergence of
technologies – consumer electronics, computing and
telecommunications a reality, with new competitors
forming and consumer mindshare up for grabs.
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Product Price
PlacePromotion
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PRODUCT
Track up
Track
downPower
Volume
up
Volume
down
AIR CHAMBER : It gets
bigger as air pumped in.
This restrict the GBand
movement & fits
perfectly to the wrist. Soits easy to navigate
when the finger slides
across the multi touch
track pad
Solar charging that
supports Go Green
concept & Bluetooth
tech device available in
1, 3, 4 GB
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Add - on
Electric Charger
Bluetooth headphone + wired earphone
1 year warranty
CD & USB cable to install
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AVAILABILITY OF RAW MATERIAL
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PRICING
1GB
Rs. 2999
(incl. of all taxes)
3GB
Rs. 3999
(incl. of all taxes) 4GB
Rs. 4999
(incl. of all taxes)
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PLACE
Authorized showroom
In tier 1 city
Retails Stores :
Reliance Digital,
Croma, e-zone.
Online stores:
www.Gband.com
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PROMOTION
Advertisement: Television, Magazines, Hoardings,
Online Media(Facebook, Twitter etc..)
Sales promotions:
Gift packs by tying up with Retail stores, educational
institutions and providing seasonal Discounts.
Word of mouth
Providing G-band to random people entering the
malls like infinity , In orbit etc. For music experience
and feedback.
Events:Music Concert’s.
Publicity:
Press Conferences.
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Newspaper AD
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Plan of action (TV ads - monthly)
TVCChannel V
Cost – Rs. 400,000/-
Dil Dosti Dance
Humse Hai Life
(Mon – Thu, 7.00 PM – 8.00 PM)
MTV
Cost – Rs. 400,000/-
Roadies 9 (Sat, 7.00 PM – 8.15 PM)
Captain’s Shack (Fri, 7.00 PM)
Set MaxCost – Rs. 500,000/-
DLF IPL
The above mentioned rates are per day
for a 45 sec Ad
Total Cost - Rs. 15,00,000.
News Portals
Cost – Rs. 2,00,000/-Yahoo
Times Group (Times of India, India Times)
Mid day
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FAB analysis – FEATURE
HD sound quality.
Good looks and design
Good battery life
Air chamber technology
Wireless
Eco-friendly
Trendy yet portable
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ORGANIZATIONAL CHART
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VP - Sales
[Rakesh]
VP - Production
[Teena]
Manager
Manager
Manager
Manager
Manager
Manager
President
Mr. Gupta
VP - Marketing
[Ajay]
Manager
Manager
Manager
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SEGMENTATION
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TARGETING
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Target AudienceCustomer Name: SASHANK JOSHI
General Interest:
Sashank has an interest in playing arange of musical instruments. He
writes music and enjoys listening to
modern as well as classical themes.
Occupation:
He plays in a band as a profession andtravels around India. He is the lead
guitarist in a band called ‘Musical
Story’.
Why Commission our product?
Sashank travels a lot and needs aportable music player with good
battery life.
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Target Audience
Customer Name: Isha Chakrobarty
General Interest:Isha aspires to be a superstar in Bollywood and likes dancing and
listening to music.
Occupation:She is pursuing her career in modeling along with higher studies.
Why Commission Our product?:
Isha wants a trendy yet easy to carry music player.
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POSITIONING
JUST…. FEEL THE MUSIC The advertisements focused on the 'coolness' aspect as it made the
viewers believe that having one would make them accepted amongtheir peers.
Since the product highly proposed at the middle to high class,
therefore product will be positioned in aligned with
prestige products to create a strong, clear and consistentimage of the product in the consumer's mind.
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DIFFERENTIATION
Innovation
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VALUE CHAIN ANALYSIS
New productidea
generation
Designing/
Funding
Designing/
Funding
DistributionSales &
MarketingCustomer
Service
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TRANSCEND
OPERATION POLICIES
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Poters 5 Force Model
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New Entrants: Weak/Low
Only product with Go Green concept
Solar charging an added and fresh element
Substitute Products: Weak/Low
MP3 players from other brands
Portable Music players with Go Green
Concept
Rivals: Strong/ HighMore companies enters, strong brands &
with strong finance
Suppliers: Strong/ High
Hardware makers, Intel, Microsoft, etc.
OS providers Linux, Wm, etc.
Buyers: Strong/ High
Consumer market
G-band concept:- Go Green would be as an energy
saver product
Fashion trend
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SWOT AnalysisSTRENGTH
Advanced Technology
Eco-Friendly
Longer Battery life
Status symbolTrusted quality
Fashion trend
Portability
WEAKNESSNarrow product Line
High cost
Niche market
OPPORTUNITYFast Growing industry
Can be trend setters
Develop an admirable goodwill help generate brand equity
THREATSCompetition
Substitution
Imitators
Low price of competitorsConsumer attitude or mind
set
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ADD THIS LINK FOR DEMOGRAPHIC http://www.alexa.com/siteinfo/musicplayer.com DEMOGRAPHIC – Favorable
1. Music lovers have increasingly embraced streaming music,
such that now they represent 28% of online households.
2. According to statistics, 70% of the music listening
population in Mumbai and Delhi are tuned to players. Thus,
the total number of people entertained by it across the 4
metros and 6 other cities is phenomenal.
3. Backed by the increasing purchasing power across tier 2
cities, regional media consumption is expected to continue
to rise.
4. During the year 2011, the media and entertainment industry
grew by 11 percent and recorded revenues of Rs.65,200
crore.
5. In India alone over the next 10 years, 40% of our existing
population will come from this demographic.
D-PESLTE
bl
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POLITICAL – Unfavorable
• Political conflicts between the
countries can also led to bad
business.
• Wars, terrorism may affect our
machines and raw material which
are been imported.
ECONOMICAL - Unfavorable• The global economic depression
might have immense impact on our
company.
• The inflation rate is high, while
consumer’s incomes didn’t have
significant changes, moreover the
unemployment rate has increased.
• Leading consumers to spend less,
especially on electronic products as
electronic products are not necessity.
SOCIAL – Favorable
• Big social influence is the music
industry, which over the last decade
has become virtual and set
its market to the cyberspace.• We will portray our image as
modern individual life style and
leading to brand identification and
loyalty.
TECHNOLOGICAL Favorable L GAL
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TECHNOLOGICAL – Favorable
• Comes with the best operating
system the ios as enables one to
have HD sound clarity.
• Testing conducted by usingpreproduction hardware and
software with unique audio
tracks consisting of content
authorised under iso
certification.
LEGAL
• Related concept of lifting corporate
veil from Product Liability as means
to govern the liability of
manufacturers, wholesalers,
distributors, and vendors for injury
to a person or property caused by
dangerous or defective products.
• Product liability can be also refers as
a legal claims in which an injured
party may recover some type of
monetary compensation from the
seller or manufacturer of a product.
• Legal service taxes and import and
excise duties imposed on import on
electronic product
ENVOIRNMENTAL – Favorable
• Are producing eco friendly
product so there is no harm on
environment.
• And our product can be
recycled.
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Key Players
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PERCEPTUAL MAPPING
Basic feature Additionalfeature
High cost
Low cost
Transcend
mp3 players
Sony mp3
players
Sony walkman
Apple i-pod
G-BAND
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SONY MP3 Players
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Product Range
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Apple inc.
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TRANSCEND
MP3 Players
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HR POLICIES OF G-LIMITED
Training
Rewards
Non - references policy
Trained communicators
Theft-of-Time Policies
Recruitment
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THANK YOU