electronic mosquito killer
TRANSCRIPT
7/28/2019 Electronic Mosquito Killer
http://slidepdf.com/reader/full/electronic-mosquito-killer 1/17
7/28/2019 Electronic Mosquito Killer
http://slidepdf.com/reader/full/electronic-mosquito-killer 2/17
Current Situation
Market Description
◦ Upper class ◦ Middle class ◦ Lower class
7/28/2019 Electronic Mosquito Killer
http://slidepdf.com/reader/full/electronic-mosquito-killer 3/17
Current situation
ProductReview ◦ Smoke free◦ Fashionable◦ Chemical free◦ Durable
Competitive review ◦ ACI Aerosol◦ Mortein
7/28/2019 Electronic Mosquito Killer
http://slidepdf.com/reader/full/electronic-mosquito-killer 4/17
SWOT Analysis
Strengths
• It is relatively cheap
• New technological machine inmarket
• It is eco-friendly
• Easy to use
Weakness
• This product has currently nointroduction in entire market.
• This product has no ISO 9001certification (currently)
Opportunities
• This product has high potentiality toexport ( Because it is eco-friendly).
• In near future aerosol might bebanned because it contains a highquantity of CFC.
Threats
• Aerosol industry is competitive.
• Competitors’ company can switchto produce eco-friendly product.
7/28/2019 Electronic Mosquito Killer
http://slidepdf.com/reader/full/electronic-mosquito-killer 5/17
Our Marketing Strategy Product Strategy
Differentiation of EMK
Completely ProtectiveEase of Use
Long Lasting
No residue, odorless.Technically dependable
Attractive colors
7/28/2019 Electronic Mosquito Killer
http://slidepdf.com/reader/full/electronic-mosquito-killer 6/17
Product Strategy
Differentiation:
EMK functions when it is
plugged in and switched on.It creates ultrasonic sound thatkills the mosquito in an efficientway.It also gets chargedautomatically. So consumers willbe protected from mosquito even
though there is no power supply
7/28/2019 Electronic Mosquito Killer
http://slidepdf.com/reader/full/electronic-mosquito-killer 7/17
Product Strategy
WhereApplicable:
All indoor placeslike house,classrooms,hospital cabins,offices, and so on.
As it can be fixedanywhere on thewall, so it will
protect the wholearea ro erl .
7/28/2019 Electronic Mosquito Killer
http://slidepdf.com/reader/full/electronic-mosquito-killer 8/17
We want our product to be known as the
most effective, durable and comfortablemosquito killing machine which also adds anew kind of home decoration idea.
Positioning Statement: “A battery operatedmosquito killer machine which is the mosteffective to repel mosquitoes, absolutely safe,convenient and economical which protectsyou always.”
Marketing Strategy
Positioning:
7/28/2019 Electronic Mosquito Killer
http://slidepdf.com/reader/full/electronic-mosquito-killer 9/17
Pricing Strategy
PENETRATION PRICING
• Setting a low initial price• Attracting a large number of buyers• Capturing market share
• Establishing the product quickly in themarket
7/28/2019 Electronic Mosquito Killer
http://slidepdf.com/reader/full/electronic-mosquito-killer 10/17
The production cost of per ElectronicMosquito Killer (EMK) Device is given
below:Silicon battery 80 TKOutlook box 50 TKCircuit 20 TKSpeaker 20 TK
Power cod 05 TKLabor Cost 05 TKDistribution Cost 05 TKTransportation Cost 10 TKRent 05 TKPackaging Cost 05 TKTotal 205 TK
The selling price of EMK is TK 290 earning profitapproximately 40% on cost.
7/28/2019 Electronic Mosquito Killer
http://slidepdf.com/reader/full/electronic-mosquito-killer 11/17
Table of pricing variation betweenour New Company and Competitor Company:
Our product pricing level is low compared to the pricing levelof competitor product’s pricing level.
Our Company &product price
Competitor Company &product price
Dyno Ltd.& electronicmosquito killer device – TK
290.00
ACI Ltd. & ACI Aerosol- TK310.00 per bottle
ACI Coil – TK 50.00 per packet(contained 10 pieces only)
Reckitt Benckiser Ltd & Mortein
Seek & Kill- TK 350.00 per Bottle
Square consumer Ltd. & X-Pell Aerosol- TK 380.00 per bottle
7/28/2019 Electronic Mosquito Killer
http://slidepdf.com/reader/full/electronic-mosquito-killer 12/17
Distribution Channels
Manufacturer
Retailers
Customers
Manufacturer
Singer
Singer Outlets
Customers
Agents Agent
s
7/28/2019 Electronic Mosquito Killer
http://slidepdf.com/reader/full/electronic-mosquito-killer 13/17
7/28/2019 Electronic Mosquito Killer
http://slidepdf.com/reader/full/electronic-mosquito-killer 14/17
Promotional Strategy
7/28/2019 Electronic Mosquito Killer
http://slidepdf.com/reader/full/electronic-mosquito-killer 15/17
Promotional Strategy
Using push strategy
Raising brand awareness
Building valuable word of mouthreferrals
7/28/2019 Electronic Mosquito Killer
http://slidepdf.com/reader/full/electronic-mosquito-killer 16/17
Promotional Activities
Advertising
Workshops
seminars
Consumer promotions
Business to business
Direct marketing
Leaflets
Public relations
7/28/2019 Electronic Mosquito Killer
http://slidepdf.com/reader/full/electronic-mosquito-killer 17/17
Conclusion
EMK is created in such a way that it is eco-friendly, non-risky, attractive, easy to use andfound in reasonable price. Mainly, it kills themosquitoes effectively. So, after considering theoverall segments of this product we can statethat EMK is a different and beneficial product forthe consumer.