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ConvoGlass AzraBeganovic Bryan Kosusnik Nick Pugleasa Eryn Swain Kaila Swain
ConvoGlass Introduction
Concerns Today Shift toward Health Simplicity in Life Due to lack of time Complex products
ConvoGlass Executive Summary
Overview Research 45% interested in product Little Competition The Ideal Consumer ConvoGlass Pricing (Combination) Promotional Strategy International Selling
ConvoGlass Marketing Research
30 Questions 241 Participants Web-based KwikSurveys.com Simplicity Calculations
Errors Spelling “Slightly Interested” More Visuals Limitations of Current Products Transitions lenses
Analysis Exported from Online Microsoft Excel Charts and graphs Calculations
Results 38% Male, 62% Female 45% Interested Stronger Female Interest
Price Range Ideal Range Our Range Higher Value Slightly Above Range
Rating Above Average Good Product Room to Improve
Improvements and Suggestions Expansion Tractors Businesses Campers House Windows Cheap Product Legality Unnecessary Purchase Feedback
ConvoGlass Competition
Competition New Product Competing Against Substitute Goods Window Tinting Sun Visors Sunglasses
Competition In the Future As Knowledge/Availability grows, so Will Demand New Directions for Product To Stay Ahead of Competition
ConvoGlass The Consumer Profile
The Ideal Consumer Vehicle Owner Finds Automatic Tinting Valuable Can Afford The Product Is Aware of the Benefits
Family Life Cycle Stage Female Age Average Age of 38.73 Years Old Target Market: Ages 34 to 44 Aging Due to UVA and UVBRays Family Likely to be Married Likely to Have Children Drive Larger Vehicles (SUVs and Minivans)
Household Income Average HHIGreater than $100,000 More Likely to Purchase Luxury Items Convoglass is Luxury Less Expensive Vehicles Next Target Market
ConvoGlass Marketing Mix: Product
ConvoGlass Vehicle Glass Adhesive PhotochromicShield Automatically Adjusts to Light Conditions Reaction in Micro-Seconds Reduces Glare Protects from Harmful UV Rays Legal in All 50 U.S. States
How it Works Shield Consists of Special Dyes React to UV Exposure Baked Into Adhesive Strips During Production Allows for the Right Amount of Sun to Penetrate Darker Transparency—UV Exposure is High Lighter Transparency—UV Exposure is Low
Production & Application Adhesive Sheets with Special Dyes Baked in 48 Inches by 50 Feet Packaged in Canisters for Protection Simple Application Heat Adhesive Sheet–Transfers Special Dyes from Sheet to Windshield
ConvoGlass Marketing Mix: Price
Pricing Strategy Combination Sales-Oriented Customer-Oriented Price Penetration Lowest Range Odd Pricing
Costs & Profits Cost $3.00 per Square Foot $600 per Sheet Plus $5.00 for Transportation Sell to Retailers $700 Suggested Retailer Price $149.99 per Windshield Including $34.99 Installation Cost
ConvoGlass Marketing Mix: Place
Distribution Selective Distribution Reputable, Trustworthy Car Repair Shops “ConvoGlass Certification” Disadvantages Contradicts Sales-Orientation Strategy Limits Product Exposure Advantages Control Image and Flow of ConvoGlass Assure Satisfaction and Quality to Consumer Competitive Advantage to Retailers
Logistics Management VMI Systems Monitory Inventory   Levels and Merchandise is Sent down  the Supply Chain when Inventories reach  reorder points  Retailer End Consumer ConvoGlassInc. Manufacturing Distribution Center EDI Systems Facilitate the Flow of  Information throughout the  Supply  Chain
ConvoGlass Marketing Mix: Promotion
Push Promotions Logic Personal Selling Drawing to Win Trip to Australia ConvoGlass Promotional Events at High Performing Retailers Manufacturer Offers Sales Incentives Retailer Increases Sales of Product Consumer Purchases Product
Pull Promotions Logic Sales Promotions Promotional Events Manufacturer Mail-in Rebate Paid Advertisements Print Internet TV/Radio Commercials Manufacturer: Promotion Focused on End Consumer Consumers Demand Product From Retailers Retailers Demand Product from Manufacturer
Magazine Advertisements
ConvoGlass International
Australia Exporting 1 to 1 Exchange Rate Benefits Sunny Climate UV Exposure Number of Drivers Few to No Language Barriers Minimal Changes Needed to Overall Marketing Mix
ConvoGlass Summary
Conclusion Research 45% Interested in Product Little Competition The Ideal Consumer ConvoGlass Pricing (Combination) Promotional Strategy International Selling

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ConvoGlass

  • 1. ConvoGlass AzraBeganovic Bryan Kosusnik Nick Pugleasa Eryn Swain Kaila Swain
  • 3. Concerns Today Shift toward Health Simplicity in Life Due to lack of time Complex products
  • 5. Overview Research 45% interested in product Little Competition The Ideal Consumer ConvoGlass Pricing (Combination) Promotional Strategy International Selling
  • 7. 30 Questions 241 Participants Web-based KwikSurveys.com Simplicity Calculations
  • 8. Errors Spelling “Slightly Interested” More Visuals Limitations of Current Products Transitions lenses
  • 9. Analysis Exported from Online Microsoft Excel Charts and graphs Calculations
  • 10. Results 38% Male, 62% Female 45% Interested Stronger Female Interest
  • 11. Price Range Ideal Range Our Range Higher Value Slightly Above Range
  • 12. Rating Above Average Good Product Room to Improve
  • 13. Improvements and Suggestions Expansion Tractors Businesses Campers House Windows Cheap Product Legality Unnecessary Purchase Feedback
  • 15. Competition New Product Competing Against Substitute Goods Window Tinting Sun Visors Sunglasses
  • 16. Competition In the Future As Knowledge/Availability grows, so Will Demand New Directions for Product To Stay Ahead of Competition
  • 18. The Ideal Consumer Vehicle Owner Finds Automatic Tinting Valuable Can Afford The Product Is Aware of the Benefits
  • 19. Family Life Cycle Stage Female Age Average Age of 38.73 Years Old Target Market: Ages 34 to 44 Aging Due to UVA and UVBRays Family Likely to be Married Likely to Have Children Drive Larger Vehicles (SUVs and Minivans)
  • 20. Household Income Average HHIGreater than $100,000 More Likely to Purchase Luxury Items Convoglass is Luxury Less Expensive Vehicles Next Target Market
  • 22. ConvoGlass Vehicle Glass Adhesive PhotochromicShield Automatically Adjusts to Light Conditions Reaction in Micro-Seconds Reduces Glare Protects from Harmful UV Rays Legal in All 50 U.S. States
  • 23. How it Works Shield Consists of Special Dyes React to UV Exposure Baked Into Adhesive Strips During Production Allows for the Right Amount of Sun to Penetrate Darker Transparency—UV Exposure is High Lighter Transparency—UV Exposure is Low
  • 24. Production & Application Adhesive Sheets with Special Dyes Baked in 48 Inches by 50 Feet Packaged in Canisters for Protection Simple Application Heat Adhesive Sheet–Transfers Special Dyes from Sheet to Windshield
  • 26. Pricing Strategy Combination Sales-Oriented Customer-Oriented Price Penetration Lowest Range Odd Pricing
  • 27. Costs & Profits Cost $3.00 per Square Foot $600 per Sheet Plus $5.00 for Transportation Sell to Retailers $700 Suggested Retailer Price $149.99 per Windshield Including $34.99 Installation Cost
  • 29. Distribution Selective Distribution Reputable, Trustworthy Car Repair Shops “ConvoGlass Certification” Disadvantages Contradicts Sales-Orientation Strategy Limits Product Exposure Advantages Control Image and Flow of ConvoGlass Assure Satisfaction and Quality to Consumer Competitive Advantage to Retailers
  • 30. Logistics Management VMI Systems Monitory Inventory Levels and Merchandise is Sent down the Supply Chain when Inventories reach reorder points Retailer End Consumer ConvoGlassInc. Manufacturing Distribution Center EDI Systems Facilitate the Flow of Information throughout the Supply Chain
  • 32. Push Promotions Logic Personal Selling Drawing to Win Trip to Australia ConvoGlass Promotional Events at High Performing Retailers Manufacturer Offers Sales Incentives Retailer Increases Sales of Product Consumer Purchases Product
  • 33. Pull Promotions Logic Sales Promotions Promotional Events Manufacturer Mail-in Rebate Paid Advertisements Print Internet TV/Radio Commercials Manufacturer: Promotion Focused on End Consumer Consumers Demand Product From Retailers Retailers Demand Product from Manufacturer
  • 36. Australia Exporting 1 to 1 Exchange Rate Benefits Sunny Climate UV Exposure Number of Drivers Few to No Language Barriers Minimal Changes Needed to Overall Marketing Mix
  • 38. Conclusion Research 45% Interested in Product Little Competition The Ideal Consumer ConvoGlass Pricing (Combination) Promotional Strategy International Selling

Editor's Notes

  1. Sunglasses $295