Marketing plan

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MARKETING PLAN Presented by Group # 5 Shreya Deepti Sharma Saurabh srivastava Himanshu Yadav Sumit Agarwal

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Transcript of Marketing plan

Page 1: Marketing plan

MARKETING PLAN

Presented by Group # 5Shreya

Deepti SharmaSaurabh srivastavaHimanshu Yadav

Sumit Agarwal

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By

Dwight D. Eisenhower

Plans are Nothing, Planning is Everything.

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BLACK CHERRY (BC2012)RECHARGING RURAL

Black Cheery

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OUTLINES

Executive SummaryAnalysisSWOT AnalysisObjectivesGame PlanAction PlanBudgetControl

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EXECUTIVE SUMMARY

• Black Cherry is a newly launched company in India.• Our First Product is BC2012, a Solar Charging

Mobile.• It is a basic Multimedia functioning like GPRS, GSM,

Text Messaging etc.• The company has been founded by 6 entrepreneurs.• Targeting specific segments in Consumer &

Business Markets.

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ANALYSIS

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SITUATION ANALYSIS

Research shows that India has 150 million mobile phone subscribers & 30 % of population owns cell phones.

Worldwide Nokia is cell phone leader holding 45 % of global market & leader with 60% market share.

This year we intend to launch BC2012 in related markets.

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MARKET ANALYSIS

Black cherry ‘s market consists of consumers & business users who prefer to have a mobile that work for long hours without repeated need to recharge. Currently, the telecom industry is among the strongest growth industry in the capital market.

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SWOT Analysis

Strengths-•Innovative Product

•Value Pricing

Weaknesses-•Lack of brand awareness

•Heavier and thicker than most common models

Opportunities-•Cost-efficient Technology

•Monopoly of technology

Threats-•Downward pricing pressure

•Competition

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OBJECTIVES

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FINANCIAL OBJECTIVES

• Increase profit margin by 2% in a year through operating efficiencies.

• Will not decrease research & Development.• Earn an average rate of return on Investment

over the next 3 years.• Create an Increase revenue.

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MARKETING OBJECTIVES

• Generate Brand Equity.• Expand the number of distribution outlets.• Maintain positive, steady sales growth each

quarter.

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GAME PLAN

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Target market

• Middle Income Group,• Rural Sectors,• Long Distance Traveler

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Positioning

• Using Product differentiation, we are positioning the Black Cherry as the most versatile, convenient, value-added phone for personal use.

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Product line

• The Black cherry BC2012, including all features described in the earlier part, will be sold with 18 months warranty.

• Two Classical Models(Metallic and Black) and Executive Model.

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Pricing strategy

• The Black cherry BC2012 will be introduced at Rs. 3699 wholesalers/Rs. 4199 estimated retail price per unit.

• We are using penetrating strategy for classical as well as for executive model.

• We are using percieved value pricing method.

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Distribution

• Distribution through Specialty Stores. • Channel Partners.• Detailed specification handouts.

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ElectronicMedia

•Combines sight, sound, & motion; appealing to the senses; high attention & high reach.

PrintMedia

•High geographic & demographic selectivity; credibility & prestige; high quality reproduction; long life; good pass-along readership.

Outdoor •Flexibility; high repeat exposure; low cost; low competition.

Advertising strategy

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Sales promotion

• Special Payment terms for retailers.• Store Displays.• Free Giveaways.• Banners at business functions.• Sporting Events.

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ACTION PLAN

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Dealer promotion program

• January 2012: Will participate in national trade show.

• March 2012: Organize sales contest and will award three day vacation at Goa.

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Consumer promotion program

• April-may 2012: Special gift pack for bride and groom.

• August 2012: will offer free wireless headset.• November 2012: Will offer 4 different kinds of

back panel suiting to customer’s mood.

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BUDGET

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FINANCIAL

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MARKETING

EXPENDITURE FOR ONE YEAR

SALERIES 10,00,000

ADVERTISING 30,00,000

SALES PROMOTION 19,50,000

TRADE FARE 19,50,000

GENERAL EXPENSES 3,00,000

TRAVEL 12,00,000

MISCELLANEOUS 16,00,000

TOTAL SALES AND MARKET EXPENDITURE

1,10,00,000

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CONTROL

• This plan is about implementation, changing the business, and making it better. It is worth nothing if not implemented.

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MILESTONES

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THANK YOU