morpheus lab

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HAVE YOU EVER WONDERED?

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Market entry strategy for new product - Lucid dreaming

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Page 1: Morpheus Lab

HAVE YOU EVER

WONDERED?

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FROM THIS

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EVOLUTION

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TO THIS…

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BUT

SOMETHINGREMAINUNCHANGED

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SLEEP

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WE SPEND

1/3OF OUR LIVES

SLEEPING*According to research done by National Sleep Foundation

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WHAT HAVE YOU SPENT FOR YOUR SLEEP?

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REVOLUTION

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1

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WHAT DO YOU

HATEABOUT SLEEPING?

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WAKING UP!

Beep! Beep! Beep! Beep! Beep! Beep! Beep! Beep!

Beep! Beep! Beep! Beep! Beep! Beep! Beep! Beep!

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WHY?

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ELEVATE BAND

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2

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WHAT ARE YOUR DREAMS?

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WHAT HAPPENED TO THOSE

UNFULFILLED DREAMS?

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I NEED TO GET GOOD GRADES!!

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ALL YOU NEED IS LOVE

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TOO BUSY CLIMBING THE CORPORATE LADDER

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WHAT WOULD YOU DO IF YOU ARE NOT AFRAID?

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ARE YOU

SATISFIED?

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Your heart is BEATING but

are you really LIVING?

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ELEVATE MASK

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SMARTPHONE IS THE WAY AHEAD

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Portable

Lightweight

Durable

TrendyStylish

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Elevate$ 179

Elevate band$ 129

Elevate mask$ 89

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SNAPSHOT• What is our products?

• Marketing Objective

• Marketing strategy

• Integrated marketing communication

• Implementation strategy

• Financial analysis

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MARKETING OBJECTIVES

1. Breakeven in 2nd year

2. Annual sale growth of 10%

3. Sell 1,000,000 units in 5 years

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WHY WE CHOOSE

USA?

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HOFSTEDE’S DIMENSIONS OF CULTURE OF UNITED STATES

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DO YOU KNOW?

US IS ONE OF THE MOST STRESSED OUT WESTERN COUNTRY

1 IN 10 US CITIZENS SUFFER FROM DEPRESSION.

Source:http://www.bloomberg.com/visual-data/best-and-worst/most-stressed-out-countries

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WHO AREOUR TARGET MARKET?

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YOUNGCOSMOPOLITAN

INUSA

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A PERFECT FITFamiliar with the prevailing fashion, style and technology at a particular time

Higher Disposable Income. 

Most likely to be Innovators and Early Adopters of Electronic Gadgets

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InfluentialTrend-setter

Well-educatedUrban

Creative Curious

Knowledge seeker

Globalized

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25 million(8% of the total US population)

• 35% have a post graduate degree

(vs. 8% of the total general population)

• 61% Professional / Managerial

(vs. 23% of the general population)

• Median HHI $98,000

(vs. $52,000 for the general population)

YoCos

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LEADER IN DIGITAL LIFESTYLEOwners of:

• Laptop

• Digital camera

• Mp3 player

• PDA

They do everything onlineo Strong social presenceo Bloggingo Making phone callo streaming video

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HEAVY MEDIA CONSUMPTION

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CULTURAL ENTHUSIAST

65% of all YoCos participated in cultural activities last year

(vs. 35% of the general population)

16 million

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46% attended live music

11.5 million

36% visited museums

9 million

33% attended theatre

8.25 million

9% attended live dance performances

2.25 million

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OUR GOAL

4% market share

1 million

Target market (8%)25 million

USA population319 million

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PRICING STRATEGY

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Pre-order(80% of actual price)

Year 1-5

Elevate combo $143.2 $179

Elevate mask $71.2 $89

Elevate band $103.2 $129

EARLY BIRD SPECIAL 20% OFF

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DISTRIBUTION CHANNELS

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Morpheus Lab Inc.

UP

S

UP

S

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LOGISTIC AND SUPPLY CHAIN

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WHY UPS?

Our 4 PL Logistics Partner

Handle inbound logistics from China

Duties & Custom Clearance

Store goods across warehouses

Inventory Control

Package and Transport Management

Reverse Logistics

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WHY?Largest Electronic Retailers in USA.

34% Market Share in Consumer Electronics

1,000 stores spread across USA

Strong Inbound and Reverse Logistics.

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WHY?#1 E-Tailer in the World

Serves 137 Million Customers a week

Secure payment processing with the latest Amazon fraud protection

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E-bay loyal users:

$39Amazon loyal users:

$189

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MARKETINGCHANNELS

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Integrated marketing

communications

PR Advertising

Internet marketing

Events Celebrity endorsement

CSR

Brand ambassador

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PRESS CONFERENCE AT CES

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ADVERTISING

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PRINTS ADVERTISEMENT IN MAGAZINES

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ADVERTISE THE PRODUCT ON X-BOX LIVE & PLAYSTATION NETWORK

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ROBOCOP

ASPIRE TO BE LIKE ME?USE ELEVATE

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ONLINE MARKETING

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WEBSITE

www.Ishanagg.wix.com/morph

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7. BLOGGER REVIEWS

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SOCIAL MEDIA FRENZY

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ULTRA MUSIC FESTIVAL

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Song: elevate

Artist: David Guetta

ELEVATE ME HIGHER

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WORKING WITH VARIOUS HEALTH ORGANIZATIONS AND HOSPITALS

Helping patients who suffered from:

• Depression

• Nightmare

• Abuse

BOOST IMAGE & CREDIBILITY

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YOU ARE OUR BRAND AMBASSADOR

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IMPLEMENTATION STRATEGIES

Pre-launched

Product launched

Post-launched

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FINANCIAL ANALYSIS

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5 - YEARS SALE FORECAST

Year % of adopters Sale forecast

1 16.4% 163,797

2 18.0% 180,177

3 19.8% 198,195

4 21.8% 218,014

5 24% 239,816

100.0% 1,000,000

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BREAKEVEN POINT

$27,778,016.00

179,518 units

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PAYBACK

PERIOD

2 YRS

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ROI

172.01%

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Marketing budget for 1st year  

Advertising 360,000

Internet marketing  

Google Ads 30,000

Facebook Ads 20,000

Print Media  

Newspapers Ads 40,500

Magazines Ads 150,000

Direct Marketing Events(CES, Other Press Conferences and Trade Shows)

300,000

Celebrity Endorsement 500,000

CSR 100,000

Promotion and Loyalty Program 100,000

Total 1,600,000