New product Launch Consumer Durables
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Transcript New product Launch Consumer Durables
09 - Jai Desai
16 - Furquan Deshmukh
22 - Zahan Irani
25 - Pritpal Khokar
35 - Smilie Misquitta
40 - Joshua Nagawkar
48 - Shraddha Patel
59 % of consumer durables sales come from rural market
Consumer Durables market size is 500 million (in Rs.)
Consumer Durables Growth Rate (in %)
Rural Marketing association of India - RMAI survey 2009
White goods, Brown goods and Consumer electronics
NCAER : National Council of Applied Economic Research, India
Group I
( Low Price, <Rs. 2,000)
Group II
( Medium price,Rs.2,000-8,000)
Group III
(High price, Rs. >8,000)
Pressure cooker
Black & white TV
Color TV
Bicycle
Geyser
Scooter, motorcycle
Wristwatch
Sewing machines
Refrigerator
Radio / transistor
Vacuum cleaner
Washing machine
Ceiling, table fan
Two-in-one stereo
Music system
Walkman
Mixer grinder
Car, Jeep
Problem Areas
Need
Scarcity of power supply
Alternate energy source
Voltage fluctuation
Product designed for it
Consumer are not technology driven Functional product
Low disposable income
Affordable product
58 % house are semi-permanganate
or temporary
Easily moveable products
Low awareness level
Information, education
Decision takes longer time
Continues relationship
Manufacturer & Supplier of Solar Lighting System
Mission – To reach out to Households world over without
access to modern electricity
Board of Directors – Experienced Solar and Electronics
Specialist
Aishwarya – World’s most affordable and reliable Solar Lamp
Awards – Ashden Light Award also known as Green Oscar
Geographical
Population less than 5,000
Humid area
Socio Economic Group
R1 - Landlords, Zamindar’s
R2 - Rich farmers with 5+ acres of land
R3 - Average landholding of 2-5 acres
R4 - Agricultural labourer
Group I
• Own fan’s
• 16 hrs. electricity
• Generator or invertors
Group II
• Own fan’s
• 12 hrs. or less than
12 hrs. electricity
Group III
• Don’t own fan’s
• Can’t afford or
No electricity
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Functional, Affordable, Acceptable
Easily movable
Maintenance free, easy cleaning…
Durable - rough and tough
Reliable
Product with Low dependency on electricity
“Product which I really need and which I can buy”
AISHWARYA
AISHWARYA FANS
Specifications
Attached rechargeable Battery is built-in 12V/500mA
Fan motor power consumption - 3.3 W
Diameter - 9"
No. of blades – 4
Product Features
The solar panel transforms sun light into DC electricity, and recharges the
battery
The battery can also be charged using the normal AC power.
Works continuously up to 4 hrs (at max. fan speed) and 10 hrs (at min. fan
speed)
Charged by strong sunshine for 3-5 hours, fan can work about 10 hours
Step-less speed regulation, over-charge and discharge protection and oscillation
feature.
Long lasting, energy-saving motor that can run 1800 rpm
AISHWARYA
AISHWARYA PANKHE
Har Ghar Ke Liye…
AISHWARYA
AISHWARYA
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Affordable (Long Lasting)
Available for use without Electricity
Portable to fit in Any House
Cost
Customer
Value Pricing
Price Range from of Rs. 999 – Rs. 1499
More than Competition : Added Value
Quality-Price Relationship (value for Money)
Payment Terms :
- Full Payment
- Mortgage through money lenders: Rs 400 x 4 installments
(per quarter)
Training provided to the Technicians / Dealers for repair
services
Repair within Warranty would be Free
Up to 3 postcards with the dealer / technician address
provided along with product
The Technician will visit the Location
All the details will be updated during the sale of the
Product
Factors influencing Distribution Network Design
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Inventory of Stock
Transportation of Goods
Facility & handling
Information
Manufacturer
Dealers
(Bulk Purchases)
Retail Shops
Customer
People move out to cities/towns for employment
Source of Income
Decision makers / Buyers
City Targeted - Mumbai
Books
the
Order
Customer
Distribute
Makes
Payment
Order
Sent to
Dealer
Start in Jan 2010
1st stage launch in locations in AP / Gujarat
2nd Major Parts of India
Communication and promotion focus on
Create Product Awareness
Educate people for solar benefit
Get feed back
Local or regional approach
“Different need, different approach to provide solution ”
Education level, Awareness level
Different languages
Different region may have different motivation to buy
Example: Bihar – affordable, Gujarat – savings
Identification of opinion leaders and influencers
To understand how new product is perceived by
customer
To address user queries or question
One way
communication
Two way
communication
• Creating brand awareness
• Wall painting
• Radio - ads
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Creating product awareness, feed back, sales
Post card
Demonstration
Free trial
NGO’s
Sponsorship’s
Aishwarya Fans
Radio Ads
Wall painting
Educate postman about product
Give him postcard of product
Give incentives for distribution
He will explain product while distributing postcard
“Khush khabari hai, bina bijali ka pankha aya hai”
Aishwarya Fans
Mela, Haat, Mandi,
Panchayat Meetings
Opportunity to identify
opinion leader
It will help in understanding
customer psyche
Ask people to search for
electricity wire or connection
and explain how it works
without it.
Better Connect with Rural Market
Spread Network due many projects
Trust worthy Source for promoting
Marketing can be targeted via Bulk Purchase Offer
Identify people who can’t afford to pay Rs. 1500/- at once
Ask them how much they can save per day, eg. Rs. 25
Give them Gullak (piggy bank)
In two months they can buy an Aishwarya Fan
Identify potential buyer
Opinion leader or influencer
Bhajan mandali, Meeting
center, Celebration
Give it for a two day trial or
One week trial
Sponsor it as prize
Wrestling events, Bullock
cart Races
Promote the Brand to
audiences from different
villages
Word of Mouth