9217005 A BHARAT PPT
Transcript of 9217005 A BHARAT PPT
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Presented bySANDEEP REDDYSANDEEP KUMAR.P.VSANDEEP KRISHNACHANDRASEKHARVENKATESHWARA RAOANIL KUMAR RAM
BHARAT RAM
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The population lies between the agegroup of 13 to 32 is called the youth. (gen y)
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Difference betweenYounger Generation &
Older Generation
More comfortable with
the use of technology They want to solve
any problem with theinvolvement of
technology Look for constant feed
back & recognition
They aim to work
faster and better thanothers
Not comfortable with
the use of technology They rely on the
traditional ways tosolve a problem
Traditional as theywant annual reviews
GenO
GenY
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Financially smart decision makers
Maintain the work-family balance
Challenges in life High expectations on self as well as
on the employer
Goal oriented Immediate responsibilities
Characteristics of the
GenY
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The new trend set by gen
Y
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CHANGING DEMOGRAPHIC
AND PSYCHOGAPHIC
PROFILE OF URBAN INDIAN
YOUTH
Comfort with technology
Management styleFinancial smartnessBalance between family and work lifeAgeing factor
Loyalty towards firmSelf expectationExpectations from employerImmediate responsibilityGoal oriented
OLD GENRATION VSGENRATION Y
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PLACE
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ADVERTISI
NG
Television Newspape
r
Health
Clubsand
beautyparlours'
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SALESPROMOTION/PROMOTIONAL
SCHEMES
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ProductDevelopment
Different Age Groups :For Teenagers (13-21) any
comment or slogan orjargon
For middle Youth-A CoupletPicture may Suite
Size Of the T-Shirt (Small,Medium or Half Sleeves .)
The latest trend is the shortlength shirts etc.
Price Determination as per
the Quality & Income Level
Either Embossed or Plain
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Work upon 4ps-Properly introduce it to thecustomers. And to build your brand awareness
Allocate the product according the demand pattern
Try to place it into the nodes and links of theconsumer
Develop a sound distribution channel to avoid
shortage of goods in marketMotivate consumers to buy more and provide such aquality that they buy it again
And yes consider their feedbacks and renovate your
product according their needs and wants
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Try to get more and more feedbacks Analyze feedbacks and list down majorproblems Check that those feedbacks are relevant and
achievable As feedbacks tell us what new changes doesthe consumers are likely to see in the products Check if there is any social, economic,political, personal (PESTLC) of functional riskassociated with the product Is the product attributes are beneficial toconsumers or not
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