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SMARTSHOP
A SMARTER WAY TO SHOP. MOBILE APPLICATION.
INTRODUCTION
SMARTSHOP. A shopping platform
to be made available as a mobile
application on Google Play.
 AVAILABLE PRODUCTS WILL BE CLOTHING,
ELECTRONICS AND HOME FURNISHINGS.
 A FREE AND A PREMIUM VERSION TO BE MADE
AVAILABLE
SITUATION ANALYSIS
 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.
 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
MARKET OVERVIEW
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
 THE POSSIBLE COLLABORATORS ARE E-COMMERCE
WEBSITES SUCH AS FLIPKART, JABONG, MYNTRA,
SNAPDEAL
 ALONG WITH RETAIL STORES, SHOWROOMS AND
INDEPENDANT SELLERS IN EVERY LOCALITY
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
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
MARKETING STRATEGY
TARGET MARKET
CUSTOMERS
COMPETITORS
COLLABORATORS
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
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.
COMPETITORS
ARE OTHER APPS THAT
PROVIDE SIMILAR PRICE
COMPARISONS.
HOWEVER THEY DO
NOT PROVIDE LOCAL
OPTIONS
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
HIGHLIGHTS
OF THE
MARKETING
MIX
PRODUCT
FREE VERSION
PREMIUM VERSION
FREE VERSION
 COMPARISON OF PRICES
 FREE HOME DELIVERY
 DISCOUNTS AND REWARDS FOR REFERRALS MADE
 REDEEMABLE POINTS TO BE EARNED WITH EVERY
PURCHASE
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
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
COMMUNICATION
 EFFECTIVE COMMUNICATION OF THE APP DONE BY-
SOCIAL MEDIA MARKETING
LOCAL RETAILERS
PRINT ADS
DISTRIBUTION
OF THE
PRODUCT WILL
BE DIRECTLY BY
THE SOURCE
FROM WHICH IT
IS PURCHASED
IMPLEMENTATION
CONSUMER PLACES
ORDER ON SMARTSHOP
PAYMENT DONE ONLINE
VIA SMARTSHOP
PRODUCT DELIVERED
DIRECTLY BY THE SELLER
EXPECTED REVENUE FOR
SMARTSHOP FROM
ON APP
ADVERTISEMENTS
COMMISION
FROM WEBSITES
AND SELLERS
FEATURED
PREMIUM
VERSION OF APP
($3.99/MONTH)
PLAN OF ACTION
TO SUMMARISE, WE HAVE SEEN-
 AN INTRODUCTION TO SMARTSHOP
 SITUATION ANALYSIS
 A MARKET OVERVIEW
 MARKETING STRATEGY
 HIGHLIGHTS OF THE MARKETING MIX
 IMPLEMENTATION
THANK YOU!
THESE SLIDES WERE CREATED BY AKSHITA
NICHANI, FOR AN INTERNSHIP UNDER PROF.
SAMEER MATHUR, IIM LUCKNOW.
REFERENCES- MARKETING MANAGEMENT 15TH EDITION, GOOGLE PLAY.

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Smartshop

  • 1. SMARTSHOP A SMARTER WAY TO SHOP. MOBILE APPLICATION.
  • 3. SMARTSHOP. A shopping platform to be made available as a mobile application on Google Play.
  • 4.  AVAILABLE PRODUCTS WILL BE CLOTHING, ELECTRONICS AND HOME FURNISHINGS.  A FREE AND A PREMIUM VERSION TO BE MADE AVAILABLE
  • 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
  • 24. COMMUNICATION  EFFECTIVE COMMUNICATION OF THE APP DONE BY- SOCIAL MEDIA MARKETING LOCAL RETAILERS PRINT ADS
  • 25. DISTRIBUTION OF THE PRODUCT WILL BE DIRECTLY BY THE SOURCE FROM WHICH IT IS PURCHASED
  • 27.
  • 28. CONSUMER PLACES ORDER ON SMARTSHOP PAYMENT DONE ONLINE VIA SMARTSHOP PRODUCT DELIVERED DIRECTLY BY THE SELLER
  • 29. EXPECTED REVENUE FOR SMARTSHOP FROM ON APP ADVERTISEMENTS COMMISION FROM WEBSITES AND SELLERS FEATURED PREMIUM VERSION OF APP ($3.99/MONTH)
  • 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.