Marketing Project Report (1)
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Transcript of Marketing Project Report (1)
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M iss ion S ta te m ent
Our mission at Sabro is
To follow all the laws and rules of Islam.
To fulfill our customer need and desire and manufacture good quality products
worth their price.
To support our employees through better career opportunity.
To provide the highest possible return on shareholders investments. To sincerelyback up our business alliances.
To contribute in the development and promotion of Hi-technology in the country.To serve the society with fever and acts as a model for its uplift.
Our Objectives
To earn a reputation for being an innovative, trend setting brand. To be positioned as a lifestyle oriented, vibrant and contemporary product.
Build strong relationships.
Insisting on customer satisfaction in all areas.
Target Audience
Our product is equally beneficial for everybody.
Well have to focus on the all group of ages.
Marketing EnvironmentConsists of actors and forces outside the organization that affectmanagements ability to build and maintain relationships with targetcustomers.
Studying the environment allows marketers to take advantage ofopportunities as well as to combat threats.
Marketing intelligence and research are used to collect informationabout the environment.
The Microenvironment
Companys Internal Environment:
Areas inside of a company. Affects the marketing departments planning strategies.
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All departments must think consumer and work together toprovide superior customer value and satisfaction.
Suppliers
Provide resources needed to produce goods and services. Important link in the value delivery system.
For the purpose of delivering our customer products of very high quality we get
spare parts needed for providing goods and services to target customer from
different countries including America, Europe, Japan, Australia etc.
There are no specific suppliers from which we supply different parts needed to
provide goods and services to target customer.
0.1.1. Marketing intermediaries
Help the company to promote, sell, and distribute its goods to finalbuyers
Resellers
Physical distribution firms
Marketing services agencies
Financial intermediariesThere are different physical distribution firms, wholesalers and retailers, market
service agencies and financial intermediaries which help us provide our end
product to target customer. All of above mentioned groups which help us
provide our goods and services to target customer are our market
intermediaries.
Publics Any group that has an interest in or impact on an organization's
ability to achieve its objectives.
Types of Publics:
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Financial Media Government Citizen-action Local General
Internal
Competitors Those who serve a target market with products and services that
are viewed by consumers as being reasonable substitutes. Company must gain strategic advantage against these
organizations.
Direct competitors
The companies which are producing the solar A/C appliances arelabeled as our direct competitors and they include:
Solar Panels Plus
Tree hugger
Engadget
Master Well Enterprise
Indirect competitors
The companies other than above which are producing either Air
conditioners or solar Air conditioners are labeled as our indirect
competitors. Our competitive brands can also be our indirect
competitors.
They include:
Dakin
Mitsubishi
Samsung
Pel
Customers Five types of markets that purchase a firms goods and services.
Consumer
Business
Reseller
Government
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International
The Macro environment
Forces in the Macro environment
Demographic environment Marketers track changing age and family structures, geographic
population shifts, educational characteristics, and populationdiversity.
Economic environment Consists of factors that affect consumer purchasing power and
spending patterns.
People in our economic environment usually fall under these fourgroups based on their spending pattern and purchasing power.
Upper class
They are not affected by the change in the economicconditions and are more inclined towards the luxury items.
Middle class
They are careful about the life but they still can sometimesafford to enjoy their life.
Working classThey must stick close to basics of food, clothing and shelter
and had to try hard to save.
Underclass
They had to think hard even if they are purchasing basicneeds of their life such as food, clothing and shelter.
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Natural environmentThe world is under great environmental threats and we are aware of it that is
why we think at every environmental aspect of our product while developing
our product.
In countries like Pakistan where there is energy crisis we came up with a
product which is not only environmental friendly but also saves energy as it
does not need any electricity to work. It works on the solar energy that is
equally available to all people all over the world.
Technological environment Technology changes rapidly, creating new markets and
opportunities for some, while making other products obsolete.
Challenge is to make practical, affordable products.
Safety regulations result in higher research costs and a longer
time period between conceptualization and introduction of a
product.
Technology is now most dramatic force shaping our destiny. We have
maintained very high tech environment at all levels in developing our product
and always seek to improve it with respect to current trends in the
technological environment all over the world.
We are aware of the fact that technological environment changes rapidly and
we have to be updated with latest technological trends in order to compete inthis fast moving world.
Political environment Includes laws, government agencies, and pressure groups that
influence or limit various organizations and individuals in a given
society.
Areas of concern:
Increasing legislation. Changing government agency enforcement.
Increased emphasis on ethics and socially responsible
behavior.
The political environment in Pakistan is not stable there is rapid and sudden
change of governments and those changing governments does not pursue with
policies made by the previous governments.
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That unstable environment affects our business greatly in making our broad
policies. On the other hand there might be come legislations made by the
government towards business we have to be aware of those legislations in
making our broad business policies.
Cultural environmentThere are different people coming from different areas of Pakistan therefore
cultural environmental of Lahore is mixture of all cultures of Pakistan
depending upon the area from which people are coming. People coming from
north areas of Pakistan such as NWFP and Baluchistan will have different
culture altogether than people coming from Sindh.
On the other hand people coming from different areas of Punjab will have
different culture. We handle different people differently based on their taste
and areas from which they belong because area has a strong influence on
persons way of thinking. We keep in mind all these factors while developingour products.
Price
Market skimming pricing
As we came up with a new product that is solar air conditioner which works on the
solar energy and you do not have to pay electricity charges any more therefore we are
using market skimming pricing to skim layer by layer from the market.
Product line pricing
We have a product line containing five different products offered for different people in
different market and in different geographical location and with different features
therefore we are pricing different products on the basis of their features and we are
using product line pricing.
Place
We are offering our products in four outlets in each of our segment including our mainoutlet situated in different big cities of Pakistan.
Promotion
We are engaged in different activities to inform our customer about our products and
its features these activities are the use of different sources which are explained briefly
in this section.
We are in the early stages of our product development that is why we are mainly
focusing on informative promotional activities.
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The Marketing Communication Mix
The specific mix of advertising, personal selling, sales promotion, and public relations
a company uses.
We also use a specific mix of these tools for better public relations.
Advertising
We are advertising our products through televisions, news papers,
internet, and other such means.
Sales promotion
We are offering different types of incentives to our customers including 5
year warranty, repair services etc.
Public relations
We are trying our best to build with our customers healthy relations
through different activities such as we organize different entertainment
programs and other ceremonies.
Personal selling
We are also providing the services of selling our products at your door
steps through our delivery services.
Direct marketing
We are also planning for providing our customers with direct marketing
through the use of telephone, mail, fax, e-mail, and other tools directly
with specific customers.
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