Marketing plan for new product
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Transcript of Marketing plan for new product
UBS GROUP PRESENTS
Hydrophobic (water) Oleo phobic (hydrocarbon)
Vision
Every product has a life and for us each life is important
Reasons for selecting the product
This product is prone to be successful in various business
Use of Nano technology Eco friendly product Encouraging a hygienic life No CompetitionNo dirt No Germs
Product usage Boots and Footwares Bricks Stairs, railings & catwalks Engines Hats, caps & other headwear Tools & equipment Paint equipment Air stripper trays Work vehicles Nuts, bolts and other hardware Concrete trucks Clothing / apparel Building supplies Gloves Machinery Electric motors Paper mill rollers Cinder blocks And Many More usages
• Water proofing and water resistant coating for concrete• Coating anything you want to be self-cleaning when it rains or easier to
clean.• Coating anything you want to be dry immediately after it rains.• Coating any metal for corrosion protection• Coating anything you do not want ice to form on or be easily removed
from• Coating anything you do not want bacteria on
TOTAL PRODUCT CONCEPT
PRELAUNCH OFFERS, DELIEVERY
EFFICIENCY
CORPORATE DISCOUNT
SUPERHYDROPHOBIC COATING
PROTECTION/DURABILITY
CORE PRODUCT
BASIC PRODUCT
AUGUMENTED PRODUCT
POTENTIAL PRODUCT
Segmentation
AGE ENGINEER LABOURS SPORTS PAINTERS STUDENTS
20-25 MODERATE MODERATE HIGH MODERATE HIGH
25-30 HIGH MODERATE MODERATE HIGH MODERATE
30-35 LOW LOW MODERATE LOW LOW
35+ LOW LOW LOW LOW LOW
The primary target would be youth aged between 20 – 30 years
middle class & upper class, average income peopleAutomobiles companies
Positioning StrategyEco
Friendly
Low User Friendly
Non Eco Friendly
High User Friendly
Marketing mix
• Advertising • Sales force • Sales promotion • Public relations • Free advertising
• Tariff• Sale• Discount • Sales terms • Credit terms
• Distribution channels
• Distribution area • Point of sale • Warehouses• Means of
transport
• Quality• Features • Brand • Packaging• Size• Warranty• After sales
Product Place
Promotions Price
SWOT ANALYSIS (situational analysis)
STRENGTHS Use of Nanotechnology Protection from dirt and germs Flexibility in usage Increase in life span of the product which is
perishable by water and oil.
WEAKNESS
• Understanding the method of usage of the product.• Unawareness of the launched product.
OPPORTUNITIES• Expansion of the business to every part of the world.• To invent more benefits from the same product.• Huge opportunities in oil producing countries where the material
cost can be reduced or even totally ignored.
• THREATS• Competitors who launch a product similar to ours.
Porter’s 5 force model
Industry rivalry
Threats of new
entrants
Bargaining power of
consumer
Threats of substitutes
Bargaining power of supplier
BRAND COMMUNICATIONS STRATEGY
product demonstration online and offline Social media webpages product awareness By sponsorship With editorial mentions Mass media Youtube Events and experiences Public relations and publicity Direct and interactive marketing Word of mouth marketing
THANK YOU
Rupesh Suradkar Dheeraj Bhave Divya MaryAvril Rodrigues Rohan Tarkari