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3G INTERIOR PRODUCTS
Marketing Management
Lalit Kumar Madan (091)
Pallab Kumar Pegu (128)
Praveen Peyyla (142)
Ravi kumar (156)
WITH A RAPID GROWTH IN GLOBAL
POPULATION OVER THE YEARS, THE
DEMAND FOR SPACE HAS BEEN RISING
HIGHER AND HIGHER WHICH IS
GRADUALLY LEADING TO A SCARCITY
OF OPEN SPACE. IN MOST
OF THE MODERN DAY RESIDENTIAL
APARTMENTS, COMPLEXES AND
TOWNSHIPS, PEOPLE ARE FORCED TO
LIVE WITHIN A RATHER LIMITED SPACE.
THEREFORE, IN SUCH A SCENARIO,
EFFECTIVE SPACE PLANNING IS
EXTREMELY IMPORTANT AND
NECESSARY TO BE ABLE TO SAVE
SOME VALUABLE SPACE TO BE USED
FOR OTHER PURPOSES.
Growing Population
3G INTERIOR PRODUCTS
IDEALLY SUITED FOR LOW SPACE HOUSES
These products are
designed and developed as
per the increasing demand
of space, so that space can
be optimized and could be
used in the best efficient
way.
SECTOR CATERED
 Real-Estate
 Interior Designing
TARGET CUSTOMERS
 Real estate developers
 Middle and lower middle class
society
 Government contracts
Why would the Product
Succeed?
 Limited Resources available ie “Land”.
 Shortage of availability of flats and space.
 Increasing price of land.
 Urbanization
Scope of Product
 In year 2005, 1.6 million houses were built.
 In year 2010, 3.3 million houses were built.
 210 million new urban Indians will need about
60 million new homes in next 18 year.
 Unmet demand till now is about 21 million
homes.
So average 4.5 million homes required per
year to meet the demand.
Marketing strategy
 Value exploration
Market research, survey and analysis of cognitive space.
 Value creation
Creating awareness among the society about sustainability.
Above the line promotion: It includes direct expenditure on
advertising.
Below the line promotion: Indirect expenditure on promotion such
as through competition & gifts etc.
Educate the customer to increase the brand affinity.
Maintaining good relation with customers.
 Value delivery:
Support and services for customer’s satisfaction.
Financial & Promotional
Model
 Initial Investment : 2 Lac
 Presentation to developers through a “customized room” using our products
(e.g. sample room) and video of our additional products.
 If we will get the contract, the advanced money will be used for further
advancement of product and for providing the service.
 We will promote our product in partnership with builders.
e.g. “Flats with 3G Interior” , “Pay less get feel of more”.
 Direct investment on advertisement and social media for creating
awareness in the society.
 Below the line promotion.
 Promotion in Govt. offices and in the local existing societies.
Marketing Strategy
References
 www.wikipedia.org
 www.dnaindia.com
 www.surveyindia.com
 www.google.com
Thanking
You

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Group 19

  • 1. 3G INTERIOR PRODUCTS Marketing Management Lalit Kumar Madan (091) Pallab Kumar Pegu (128) Praveen Peyyla (142) Ravi kumar (156)
  • 2. WITH A RAPID GROWTH IN GLOBAL POPULATION OVER THE YEARS, THE DEMAND FOR SPACE HAS BEEN RISING HIGHER AND HIGHER WHICH IS GRADUALLY LEADING TO A SCARCITY OF OPEN SPACE. IN MOST OF THE MODERN DAY RESIDENTIAL APARTMENTS, COMPLEXES AND TOWNSHIPS, PEOPLE ARE FORCED TO LIVE WITHIN A RATHER LIMITED SPACE. THEREFORE, IN SUCH A SCENARIO, EFFECTIVE SPACE PLANNING IS EXTREMELY IMPORTANT AND NECESSARY TO BE ABLE TO SAVE SOME VALUABLE SPACE TO BE USED FOR OTHER PURPOSES. Growing Population
  • 3. 3G INTERIOR PRODUCTS IDEALLY SUITED FOR LOW SPACE HOUSES These products are designed and developed as per the increasing demand of space, so that space can be optimized and could be used in the best efficient way.
  • 4. SECTOR CATERED  Real-Estate  Interior Designing TARGET CUSTOMERS  Real estate developers  Middle and lower middle class society  Government contracts
  • 5. Why would the Product Succeed?  Limited Resources available ie “Land”.  Shortage of availability of flats and space.  Increasing price of land.  Urbanization
  • 6. Scope of Product  In year 2005, 1.6 million houses were built.  In year 2010, 3.3 million houses were built.  210 million new urban Indians will need about 60 million new homes in next 18 year.  Unmet demand till now is about 21 million homes. So average 4.5 million homes required per year to meet the demand.
  • 7. Marketing strategy  Value exploration Market research, survey and analysis of cognitive space.  Value creation Creating awareness among the society about sustainability. Above the line promotion: It includes direct expenditure on advertising. Below the line promotion: Indirect expenditure on promotion such as through competition & gifts etc. Educate the customer to increase the brand affinity. Maintaining good relation with customers.  Value delivery: Support and services for customer’s satisfaction.
  • 8. Financial & Promotional Model  Initial Investment : 2 Lac  Presentation to developers through a “customized room” using our products (e.g. sample room) and video of our additional products.  If we will get the contract, the advanced money will be used for further advancement of product and for providing the service.  We will promote our product in partnership with builders. e.g. “Flats with 3G Interior” , “Pay less get feel of more”.  Direct investment on advertisement and social media for creating awareness in the society.  Below the line promotion.  Promotion in Govt. offices and in the local existing societies.
  • 10. References  www.wikipedia.org  www.dnaindia.com  www.surveyindia.com  www.google.com