6. PROVIDES PRODUCTS – ELECTRONIC, CLOTHES,
FURNITURE
THE APP WILL PROVIDE THE BEST DEALS FOR A
PARTICULAR PRODUCT- ONLINE AS WELL AS
PROVIDE LOCAL RETAILER OPTIONS BASED ON
THE GEOGRAPHIC LOCATION OF THE
CONSUMER.
7. IT HAS A UNIQUE BRAND POSITIONING AS IT
GIVES NOT ONLY ONLINE DEALS BUT ALSO
OFFLINE OPTIONS.
IT WILL BE MADE AVAILABLE ON GOOGLE PLAY
9. CURRENT MARKET
POSSIBLE COMPETITORS IN THE MARKET ARE OTHER
SHOPPING APPS SUCH AS BANIYA DEALS, BEST ONLINE
DEALS, ASKME BAZAAR.
OPPORTUNITIES ARE PLENTY AS THESE ARE ALL FREE
APPS.
THUS WE CAN MAKE THE PREMIUM VERSION INTO A
HIGH END APP AS WELL
10. THE POSSIBLE COLLABORATORS ARE E-COMMERCE
WEBSITES SUCH AS FLIPKART, JABONG, MYNTRA,
SNAPDEAL
ALONG WITH RETAIL STORES, SHOWROOMS AND
INDEPENDANT SELLERS IN EVERY LOCALITY
11. TARGET AUDIENCE
THE TARGET AUDIENCE FOR THE APP IS TECH SAVVY
PROFESSIONALS, MEN AS WELL AS WOMEN, IN THE AGE
GROUP OF 25 TO 40.
THEY ACTIVELY SEEK THE BEST PRICES ON PRODUCTS AND
ALSO HAVE TIME CONSTRAINTS
THUS THEY PREFER AN EFFECTIVE AND QUICK SEARCH ENGINE
FOR THEIR PURCHASES
12. GOAL
THE GOAL IS TO
SUCCESSFULLY LAUNCH THE
APP AND HAVE ATLEAST
100,000 DOWNLOADS WITHIN
THE FIRST TWO MONTHS
ALONG WITH A MINIMUM OF
5% OF TOTAL CONSUMERS
OPTING FOR THE PREMIUM
VERSION
15. CUSTOMERS
NEEDS OF CUSTOMERS THAT WILL BE FULFILLED BY THIS APP:
QUICK PRICE COMPARISON ACROSS DIFFERENT PLATFORMS
ATTRACTIVE DEALS AND DISCOUNTS
OPTION TO BUY THE PRODUCTS ONLINE AS WELL AS FROM
RETAILERS
TAILORED RESULTS BASED ON USERS PROFILE
QUICK AND EFFECTIVE RESULTS FOR CUSTOMERS WITH TIME
CONSTRAINTS
16. COLLABORATORS
ECOMMERCE WEBSITES
• These will be featured on the app as part of search results for any product.
LOCAL RETAILERS
• These will be featured on the site based on customers geographic location.
17. COMPETITORS
ARE OTHER APPS THAT
PROVIDE SIMILAR PRICE
COMPARISONS.
HOWEVER THEY DO
NOT PROVIDE LOCAL
OPTIONS
18. POSITIONING
FOR CUSTOMERS
• POSITIONED AS A
NICHE PROVIDING
HIGH END
SERVICES VIA
PREMIUM AS
WELL AS REGULAR
SERVICES
FOR
COLLABORATORS
• POSITIONED AS A
PLATFORM FOR
ADVERTISEMENT
OF
COLLABORATORS
AND TO INCREASE
THEIR SALES
FOR THE COMPANY
• AN APP WITH A
FAST GROWTH
POTENTIAL AIMED
AT SIMPLIFYING
THE SHOPPING
PROCESS
21. FREE VERSION
COMPARISON OF PRICES
FREE HOME DELIVERY
DISCOUNTS AND REWARDS FOR REFERRALS MADE
REDEEMABLE POINTS TO BE EARNED WITH EVERY
PURCHASE
22. PREMIUM VERSION
$3.99 PER MONTH FOR PREMIUM
IN ADDITION TO BASIC FEATURES:
TWICE THE AMOUNT OF POINTS EARNED
ACCESS TO PREVIEWS AND EXCLUSIVE PRODUCTS
NOTIFICATIONS ABOUT UPCOMING SALES
MORE REFINED SEARCH RESULTS
23. BRAND: SMARTBUY
TAGLINE: THE SMARTER WAY TO SHOP.
AIMS AT CREATING A BRAND POSITIOING AS A ONE
STOP SHOPPING DESTINATION
ESTABLISHES PREMIUM VERSION FOR A HIGHER
SEGMENT OF THE MARKET DUE TO EXCLUSIVE
OFFERS.
THUS GENERATING BRAND LOYALTY
31. TO SUMMARISE, WE HAVE SEEN-
AN INTRODUCTION TO SMARTSHOP
SITUATION ANALYSIS
A MARKET OVERVIEW
MARKETING STRATEGY
HIGHLIGHTS OF THE MARKETING MIX
IMPLEMENTATION
33. THESE SLIDES WERE CREATED BY AKSHITA
NICHANI, FOR AN INTERNSHIP UNDER PROF.
SAMEER MATHUR, IIM LUCKNOW.
REFERENCES- MARKETING MANAGEMENT 15TH EDITION, GOOGLE PLAY.