3 in 1final
TRANSCRIPT
3-IN-1 STROLLER
Ved Prakash TiwariIBS ADELAIDE (SOUTH AUSTRALIA)
BABY ZON is a producer owned company which manufactures 3-in 1 baby strollers. BABY ZON is an Indian mobility company
headquartered in NEW DELHI, our mission is to excite every child on the move. Our passion for innovation results in products that inspire people to get out and explore the world.
Vision of the CompanyTo provide best customer services and make "BABY carrying” very easy and comfortable.
Mission Statement of the CompanyWe help the families to carry babies in most easiest way, because our stroller is as comfortable as lap of the mother.
Features of 3-in-1 stroller are:
•Light Weight accompanied with rain cover
•Foldable into a backpack for easy travel and storage
•Parts of the stroller are not required to be assembled
•Comfortable padded seat and foot rest
•Contains a shopping basket to keep baby stuff
•It also has a carry bag with shoulder pads
•It has one brake which can control and operate both
the wheels at the same time
•Has a comfortable backpack with storage
on both sides for bottles, nappies, keys etc.
•It is an ideal product for parents with infants
for long distance travel
•It also has dual rear brakes for the safety of the child
Segmentation
psychographic:Thinkers.
Demographic:Age (21-
45),middle and upper middle.
Geographic:Urban and Semi-
Urban
MARKETING MIX PRODUCT
PRICE
PLACE
PROMOTION
PRODUCT
THE CROZER
THE BORN WEB
CRAZY RIDE
FUN CART
PRICE COST BASED PRICING TECHNIQUE
COMPETITION BASED PRICING TECHNIQUE
PLACEC & F AGENT
DISTRIBUTOR
WHOLESALER
RETAILER
PROMOTIONADVERTISING
SALES PROMOTION
PERSONAL SELLING
DIRECT MARKETING
Slide 2-34
Location of factors
FAVOURABLE FACTORS UNFAVOURABLE FACTORS
EXTERNAL STRENGTHS•Attracting key demographic customer groups from all around the world.•Success has been driven from the price structure.•Quality stroller making .•The BABY ZON business model is unique in its construction and execution with little direct competition or no competition .
WEAKNESS•People in India still carry their young ones in their lap .•Due to the recent economic crises the revenue structure of the company has hit badly. •Low level of customer service.
INTERNAL OPPORTUNITIES•BABY ZON is planning to move to international market.•BABY ZON as the company has great potential as the population of the countries are constantly increasing specially in the Asian region.
THREAT•Within growing competitive retail markets mainstream retailers are beginning to mirror the model of low cost value flat packed stroller which will impact on the buoyancy of BABY ZON•Company’s biggest threat is of Chinese market (due to duplication)
Bargaining Power of Suppliers = Low
Bargaining Power of Buyers = High
Threat of New Entrants = Moderate
Intensity of Rivalry = High
Threat of Substitutes = Low
Porter’s Five Forces Analysis for the Baby Care Sector
Threat of new entrants
• High levels of capital investment, new organizations less likely to enter.
• Competitors often react negatively to new or potential entrants.
Intensity of rivalry
The intensity of rivalry is high
Threat of Substitutes
Online products (baby prams) offered by other competitors
Bargaining power of buyers
Parents are the main customers, bargaining power is high.
Bargaining power of suppliers
Suppliers would include Spare parts suppliers, Cushion suppliers, wheel
suppliers Their bargaining power is low, as they are huge in number.
BRANDING
Characteristics:The concept is new as the 3 in 1 stroller has following advantages•It can be used to carry child•Easily folds flat for travel and storage.•Under seat Storage.Can be converted from pram to stroller to capsule.
Color:3-in-1 stroller is available in 5 colorsPink, Red, White, Blue, Black
Slogans:Do you have it in your stroller…we are BABY ZON 3-in-1 stroller.Best in looks and Best in Price…Use it once and feel some pride.
Packaging:•Attractive packaging for our product. •Comes along with travelling bag.•Foldable.
Tag lineExcite every child on the move.
Logo: