SlideShare a Scribd company logo
1 of 16
SMART HELMET X1
MARKETING SEMESTER PROJECT
Team Shakshambu | Fundamentals of Marketing | 17th
Dec 2018
Department of Management Sciences
COMSATS University, Islamabad Campus
PAGE 1
Table of Contents
CHAPTER NO 1. INTRODUCTION ......................................................................................3
1.1 INTRODUCTION TO PRODUCT:..........................................................................3
1.1.1 Difference between Traditional & Cross Helmet:................................................3
1.1.2 Features of Product:..........................................................................................4
1.2 BRAND NAME:.....................................................................................................5
1.3 MARKETING PLAN:.................................................................................................5
1.3.1 SEGMENTATION:..............................................................................................5
1.3.2 TARGETING: .....................................................................................................5
1.3.3 POSITIONING:...................................................................................................6
1.3.3.1 Selecting an overall Positioning Strategy:...........................................................6
1.3.4 DIFFERENTIATION EDGE (Strengths):..............................................................7
1.4 HOW DOES IT WORKS:........................................................................................7
CHAPTER NO 2. PRICING TECHNIQUES ...........................................................................8
2.1. PRICING STRATEGY:...........................................................................................8
2.2 WHY WE ARE CHARGING THIS PRICE:..............................................................8
2.2. RANGE OF PRODUCT PRICE:..............................................................................9
2.3. COSTS: ..................................................................................................................9
2.4. PRICE:.................................................................................................................10
CHAPTER NO 3. PROMOTION COMPAIGN......................................................................10
3.1 ADVERTISING:...................................................................................................10
3.2 PUBLIC RELATIONS:..........................................................................................11
3.3 DIRECT MARKETING:........................................................................................12
3.4 PERSONAL SELLING:.........................................................................................13
3.5 SALES PROMOTION:..........................................................................................13
CHAPTER NO 4. PLACEMENT..........................................................................................13
4.1 CHANNELS OF DISTRIBUTION:........................................................................13
4.2 LOGISTICS:.........................................................................................................14
4.3 RETAILING:........................................................................................................14
CHAPTER NO 5..................................................................................................................15
5.1 CONCLUSIONS.........................................................................................................15
PAGE 2
5.2 FUTURE IMPLICATIONS/ RECOMMENDATIONS:.................................................15
5.3 REFRENCES..............................................................................................................15
PAGE 3
CHAPTER NO 1. INTRODUCTION
1.1 INTRODUCTIONTO PRODUCT:
ROAD traffic crashes take the lives of nearly 1.3 million every year and injure 20-50 million
more in the world. According to Pakistan Bureau of Statistics data on traffic accidents in
Pakistan from 2004 to 2013, the ratio of killings in road accidents in total 51,416 people died
in 97,739 road accidents across the country. Only 28 countries, covering 7% of the world’s
population, have comprehensive road safetylaws on five key risk factors:drinking and driving,
speeding, and failing to use motorcycle helmets, seat-beltsand child restraints. So, to overcome
this problem we are introducing a new product which is called smart helmet with the aim to
reduce the number of accidents that occur every day.
Figure 1: Smart Helmet
1.1.1 Difference between Traditional & Cross Helmet:
Most of the bikers don’t use helmets in Pakistan and if they do it’s only the fear of challan.
With normal helmets the rider has to turn head again and again to watch his rear. Moreover,a
rider must stop and park to attend the call. And not everyone knows their way around, so they
end up asking everyone on the road the waysto their location. All of these,make the traditional
helmets unsafe. While, Smart Helmets are designed on one single idea which is security of
sport bike riders. The safety feature is that if unfortunately, if driver met an accident, the
location of accident would be sent to listed contacts numbers, police station or ambulance.
PAGE 4
Figure 2: Traditional & Smart Helmet respectively.
1.1.2 Features of Product:
ī‚ˇ Safety LED lights
ī‚ˇ Security System
ī‚ˇ Bluetooth Connectivity
ī‚ˇ Heads up Display
ī‚¨ Speedo Meter
ī‚¨ GPS
ī‚¨ Time & Date
Figure 3: Features of Smart Helmet
PAGE 5
1.2 BRAND NAME:
“SMART HELMETS”
1.1.1 Product Name: “Smart Helmet X1”
1.1.2 Head Office Address: I-9/2 Industrial Area, Islamabad.
1.1.3 Official Website: www.smarthelmets.com
1.3 MARKETING PLAN:
1.3.1 SEGMENTATION:
Market segmentation is the process of dividing a market of potential customers into groups, or
segments, based on different characteristics. The segments created are composed of consumers
who will respond similarly to marketing strategies and who share traits such as similar
interests, needs, or locations.
ī‚ˇ Demographically:
ī‚¨ Age: 21 years – 45 years
ī‚¨ Gender: Male & Female
ī‚¨ Income: Middle and Upper Class
ī‚ˇ Geographically:
ī‚¨ All over Pakistan.
ī‚ˇ Psychographic:
ī‚¨ High class people
ī‚¨ Motor heads
1.3.2 TARGETING:
A target market is a segment that has been selected to be served by the company. It consists of a
set of buyers who share common needs or characteristics.
Four target marketing strategies:
ī‚ˇ Undifferentiated (mass) marketing
ī‚ˇ Differentiated (segmented) marketing
ī‚ˇ Focused (niche) marketing
ī‚ˇ Micromarketing / customized (local or individual)
PAGE 6
Our business is related with a very specific product and very close target group, so our target
marketing strategy is focused marketing (niche).
1.3.3 POSITIONING:
The place our product occupies in customer’s minds relative to competitor’s offerings. The goal
is to differentiate our product / service in a positive way to gain competitive advantage.
Positioning Map:
Figure 4: Positioning Map
In the positioning map we can observe our direct competitors, this map explains in which position
we are in the market due to two aspects:Price and design.
1.3.3.1 Selecting an overall Positioning Strategy:
The full positioning of a brand, the full mix of benefits on which it is positioned.
PAGE 7
Possible Value Propositions:
Figure 6: Value Proposition
In this proposition, our brand lies in the first quadrant which is getting more benefits for price. To
prove this, we have got a survey sheet which shows the results.
1.3.4 DIFFERENTIATION EDGE (STRENGTHS):
ī‚ˇ Good innovative concept
ī‚ˇ Customer protection oriented
ī‚ˇ High quality helmets
ī‚ˇ High comfort and safety features
ī‚ˇ Good access to distribution network
1.4 HOW DOES IT WORKS:
ī‚ˇ It is chargeable helmet which is designed for motorcyclist’s safety purposes.
ī‚ˇ It has a camera on the back side which will work as a rear-view mirror to prevent the
rider from turning their heads again and again to keep a look on what’s behind.
More
for
More
More for
Same
More for
Less
More
for
Same
Same for
Same
Same for
Less
More
for Les
Same for
Less
Less for
Much Less
PRICE
BENEFITS
PAGE 8
ī‚ˇ The heads-up display also shows the speed bike is going on by measuring the distance
per kilometer along date and time.
ī‚ˇ It has a function of connectivity, which connects your Smart helmet to your phone.
You can listen to the songs or attend calls. GPS system can tell you the direction to
your destination through speakers.
ī‚ˇ The main and important feature of this helmet is that if unfortunately, biker met an
accident its sensor gets activated and it automatically send an emergency location and
a call to your listed “Emergency Contacts” or police station or an ambulance.
Figure 7: Internal Structure of Smart Helmet
CHAPTER NO 2. PRICING TECHNIQUES
2.1. PRICING STRATEGY:
For our product we would be using Price Skimming Strategy. Market Skimming pricing is setting
a high price for new product to skim maximum revenues for the segment willing to pay high price,
the company makes fewer but more profitable sales.
2.2 WHY WE ARE CHARGING THIS PRICE:
Price skimming is done when your product has some uniqueness. Those are as follows;
ī‚ˇ 360-degree back camera
ī‚ˇ Heads-up display
PAGE 9
ī‚ˇ Sleek and stylish design
ī‚ˇ Connectivity with Phone
ī‚ˇ GPS system
ī‚ˇ Security System
2.2. RANGE OF PRODUCT PRICE:
Our product price lies between Rs. 30,000 – 40,000
2.3. COSTS:
Initial Investment: Rs. 15,000,000
Primarily Expenses:
Web site = Rs. 200,000
Plant (machinery) = Rs. 5000,000
Fixed Costs:
Rented Land: Rs. 100,000 per month
Wearhouse = Rs. 75,000 per month
Total Salaries: Rs. 100,000 (7 labours)
Total Fixed Cost = Rs. 275,000 (per month)
Variable Cost:
Raw Material cost (700,000 +50,000) = 750,000
Camera (Rs. 2700*60) = 162,000
HUD (Rs. 4900*60) = 294,000
Safety LED Lights (Rs.420*60) = 25,200
Connectivity Router (Rs. 900*60) = 54,000
GPRS (Rs.1400*60) = 84,000
Packaging Cost = Rs. 30,000
PAGE 10
Transportation Cost = Rs. 5,000
Promotion Cost = Rs. 150,000
Total Variable Cost: Rs.1,554,200 (for 60 units)
Total Costs = Total Fixed Cost + Total Variable Cost
= 275,000 + 1,554,200
Total Cost = Rs. 1,829,200
2.4. PRICE:
Per unit cost = Total cost/ total units produced
= Rs. 1,829,200/ 60
= Rs. 30,500 (approx.)
Mark up = 20% markup
Mark-up Price = Rs. 36,600
CHAPTER NO 3. PROMOTION COMPAIGN
A helmet is a form of protective headgear worn by race car drivers and sports motorcyclists. It is
better not to crash at all, then to crash wearing a helmet. But if you do crash, a helmet works to
absorb the force, which protects your head, which in turn protects your brain. Helmets work to
prevent head injuries which becomes even more important for children whose brains are still
developing. So, wearing a helmet on motorcycle can absolutely can save your life.
We decided the best tools to reach our target groups, segments and which will help us use our
strong points and opportunities.
3.1 ADVERTISING:
Advertising is one of the basic elements in the marketing. It is very important to introduce your
product to customers. For example; using sports channel, stadium billboard or sports program on
TV.
PAGE 11
We would like to cooperate with the famous bike racer Saad Ali. He races in MotoGP and now is
currently in contract with Honda`s factory team. He is a local star. We want to use his name and
image to create our posters and commercials.
Figure 8: Saad Ali (The Racer)
Billboard next to racing tracks,it’s a perfect location. Lots of fans can see it. Commercial on bus
stationand near racing ground and other sports grounds in cities we choose because people using
it on before and after the game, to get to fan shop during the game week.
3.2 PUBLIC RELATIONS:
Public relations are more to learn about information about competitors’ sales, customer’ needs and
market. So, you can shape your organization and product planning.
Invitation for people from different leagues, town government it’s important to have good
relations with them and clubs which we are sponsoring.
Figure 9: Invitation for Bikers
PAGE 12
An important issue here is to create corporate identity. It makes people to remember our brand.
People must be aware, know our brand and we have to create a good image in people mind. We
have a logo and we should take advantage of it, free merchandising, our colour is black so we can
create a lot of stuff using this attribute. For example: pens, notebooks, special bags for bike helmet
etc. and give it to people for free to use it and remember our brand image.
3.3 DIRECT MARKETING:
Direct marketing allows for direct to consumer advertising by implementing techniques where
physical marketing materials are provided directly to the target groups to educate them about the
product. This is done through fliers, catalogs, and person to person sales. (Cell phones text
messaging, email and promotion letters)
We would like to create a website; this website must be better than others with modern online
selling system and with our commercial. We can also have an interview with some players who
are using our helmet and post it there. The e-commerce is getting more important now a day so it’s
a good point and we can find an easy competitive advantage, our customer will know all the
characteristics of our product, the new launches and promotions.
The main point of website is the online shop, where clients will be able to get our products and get
them in terms of express delivery. You will find us in the social media, it’s important to adapt
yourself to the common trends in the society so we will have an active behavior on Facebook and
Twitter.
Sponsorship, we would like to become a sponsor of 1 teams in a league i.e. Drag Racing. It is
biggest, and this is our target. We can offer them free equipment in return for commercial inside
arena and maybe on tickets and shirts.
Figure 10: Drag Racing Sponsorship
PAGE 13
3.4 PERSONAL SELLING:
We can implement face to face selling to convince customers to purchase products. Through
personal interaction we can better understand the customers’ needs and educate them why our
product is superior to our competitor’s product.
3.5 SALES PROMOTION:
Sales promotion encourages customers to purchase more. Loyalty cards, giving some little gift
with the product are examples of the sales promotion. Trade in your old helmet in any condition
and get discount of$10 OFF. This kind of promotion time to time. Of course, special discount on
racing events and shows.
Figure 11: Discount for Promotion Purposes
In first week of selling we can give fans free tickets for games when they buy a helmet. Only
teams which will be sponsored by us: Drag Racing.
CHAPTER NO 4. PLACEMENT
4.1 CHANNELS OF DISTRIBUTION:
As we’re doing online business, we will only use our official website to take orders and delivery
goods. 8 helmets take almost 10-12 hours to complete. Our total goods produced are 60, batch 1
of 60 goods will be produced once and stored in warehouse. As,we would be receiving orders we
will deliver them goods. For delivery purposes we would be using national courier services like
TCS or Leopards etc. our official website is;
www.smarthelmets.com
PAGE 14
Figure 12: Courier Services; TCS and Leopards respectively
4.2 LOGISTICS:
Our head office will be stationed in Islamabad and the warehouses in which the helmets would
be stored would also be in Islamabad. After receiving orders from the showrooms, we would rely
on the country’s own courier services such as TCS or Leopard’s courier to transfer out products
to its end customers and payments would made online through online banking system.
Warehouse Address: Islamabad I/9
Figure 13: Wearhouse in Islamabad
4.3 RETAILING:
Our distribution strategy requires no retailing. Initially our products would be placed in the
warehouse of Islamabad because we are using online shopping method and collection method for
distribution purposes.
PAGE 15
CHAPTER NO 5.
5.1 CONCLUSIONS
This helmet can reduce number of road accidents that takes place every day. It ensures the safety
of the biker as well as sends the victim’s location to family members and nearby police station.
Also, death rate can drastically be reduced by implementing this circuit as mandatory while
driving and make everyone’s life easier and smoother.
5.2 FUTURE IMPLICATIONS/ RECOMMENDATIONS:
The project can be enhanced by adding Google Glass Technology. Through this technology, biker
can see the upcoming road before reaching that place. It can prevent biker from pits and pitiful
condition of roads. Also, biker can see navigation on it and can alert him while taking sharp turns.
Further, it can implement on cars also. People can use car seat belt to start ignition of car which
can enhance the safety of the driver.
5.3 REFRENCES
ī‚ˇ https://www.olx.com.pk/item/i-9-industrial-area-prime-location-space-available-
warehouse-offices-iid-862053568
ī‚ˇ https://www.youtube.com/watch?v=rsUFe9q4ILo
ī‚ˇ https://www.olx.com.pk/item/1000-square-feet-warehouse-available-for-rent-in-
islamabad-i-9-iid-1001234350
ī‚ˇ https://www.daraz.pk/300mbps-wireless-n-pico-usb-adapter-i100307486-
s1243855212.html?spm=a2a0e.searchlistcategory.list.2.7cd4397aaGFmfz&search=1
ī‚ˇ https://www.ridenuviz.com
ī‚ˇ https://www.amazon.com/Wireless-Helmet-Brake-Light-
Receiver/dp/B0042ASTT8
ī‚ˇ https://www.ebay.com/bhp/motorcycle-helmet-camera
ī‚ˇ https://www.alibaba.com/showroom/gps-navigation-chip.html

More Related Content

What's hot

Brand analysis of Royal Enfield
Brand analysis of Royal EnfieldBrand analysis of Royal Enfield
Brand analysis of Royal EnfieldAshish Michael
 
PEST & Porter’s five force analysis on two wheeler industry
PEST & Porter’s five force analysis on two wheeler industryPEST & Porter’s five force analysis on two wheeler industry
PEST & Porter’s five force analysis on two wheeler industryJomy Mathew
 
Customer satisfaction towards bikes of Royal Enfield
Customer satisfaction towards bikes of Royal EnfieldCustomer satisfaction towards bikes of Royal Enfield
Customer satisfaction towards bikes of Royal EnfieldVinayak Khade
 
Business Plan on Bicycle
Business Plan on BicycleBusiness Plan on Bicycle
Business Plan on BicycleTAREK MAHMUD
 
Ather Energy Strategy.pdf
 Ather Energy Strategy.pdf Ather Energy Strategy.pdf
Ather Energy Strategy.pdfEYITEMIADEBOWALE1
 
Royal Enfield marketing strategy
Royal Enfield marketing strategyRoyal Enfield marketing strategy
Royal Enfield marketing strategySudarVannanVH
 
Marketing of new bike
Marketing of new bikeMarketing of new bike
Marketing of new bikeShivangiGohri
 
Bicyle industry
Bicyle industryBicyle industry
Bicyle industryAnkit Agarwal
 
royal enfield
royal enfieldroyal enfield
royal enfieldAman singh
 
Tesla Marketing Strategy
Tesla Marketing StrategyTesla Marketing Strategy
Tesla Marketing StrategyRenny Saldanha
 
Hero Motors customer satisfsction
Hero Motors customer satisfsctionHero Motors customer satisfsction
Hero Motors customer satisfsctionMohit Agarwal
 
Business plan bikes point
Business plan  bikes pointBusiness plan  bikes point
Business plan bikes pointnaveen13safare
 
Suzuki motorx pakistan limited
Suzuki motorx pakistan limitedSuzuki motorx pakistan limited
Suzuki motorx pakistan limitedMuhammad Ameen Ujjan
 
MARUTI SUZUKI COMPANY ANALYSIS
MARUTI SUZUKI COMPANY ANALYSISMARUTI SUZUKI COMPANY ANALYSIS
MARUTI SUZUKI COMPANY ANALYSISMd Sadique Suleman
 
Maruti brand audit
Maruti brand auditMaruti brand audit
Maruti brand auditSurjeeth Chand
 
Strategic management by Hero motocop
Strategic management by Hero motocopStrategic management by Hero motocop
Strategic management by Hero motocopRakesh Rachayya
 
Royal enfield presentation
Royal enfield presentationRoyal enfield presentation
Royal enfield presentationSushovan Bej
 

What's hot (20)

Brand analysis of Royal Enfield
Brand analysis of Royal EnfieldBrand analysis of Royal Enfield
Brand analysis of Royal Enfield
 
Royal Enfield
Royal EnfieldRoyal Enfield
Royal Enfield
 
PEST & Porter’s five force analysis on two wheeler industry
PEST & Porter’s five force analysis on two wheeler industryPEST & Porter’s five force analysis on two wheeler industry
PEST & Porter’s five force analysis on two wheeler industry
 
Customer satisfaction towards bikes of Royal Enfield
Customer satisfaction towards bikes of Royal EnfieldCustomer satisfaction towards bikes of Royal Enfield
Customer satisfaction towards bikes of Royal Enfield
 
Business Plan on Bicycle
Business Plan on BicycleBusiness Plan on Bicycle
Business Plan on Bicycle
 
Ather Energy Strategy.pdf
 Ather Energy Strategy.pdf Ather Energy Strategy.pdf
Ather Energy Strategy.pdf
 
Royal Enfield marketing strategy
Royal Enfield marketing strategyRoyal Enfield marketing strategy
Royal Enfield marketing strategy
 
Marketing of new bike
Marketing of new bikeMarketing of new bike
Marketing of new bike
 
Bicyle industry
Bicyle industryBicyle industry
Bicyle industry
 
royal enfield
royal enfieldroyal enfield
royal enfield
 
Hero Moto Corp
Hero Moto CorpHero Moto Corp
Hero Moto Corp
 
Tesla Marketing Strategy
Tesla Marketing StrategyTesla Marketing Strategy
Tesla Marketing Strategy
 
Royal Enfield
Royal EnfieldRoyal Enfield
Royal Enfield
 
Hero Motors customer satisfsction
Hero Motors customer satisfsctionHero Motors customer satisfsction
Hero Motors customer satisfsction
 
Business plan bikes point
Business plan  bikes pointBusiness plan  bikes point
Business plan bikes point
 
Suzuki motorx pakistan limited
Suzuki motorx pakistan limitedSuzuki motorx pakistan limited
Suzuki motorx pakistan limited
 
MARUTI SUZUKI COMPANY ANALYSIS
MARUTI SUZUKI COMPANY ANALYSISMARUTI SUZUKI COMPANY ANALYSIS
MARUTI SUZUKI COMPANY ANALYSIS
 
Maruti brand audit
Maruti brand auditMaruti brand audit
Maruti brand audit
 
Strategic management by Hero motocop
Strategic management by Hero motocopStrategic management by Hero motocop
Strategic management by Hero motocop
 
Royal enfield presentation
Royal enfield presentationRoyal enfield presentation
Royal enfield presentation
 

Similar to Cross helmet x1

Actuarial Challenge 2015 Price Indemnity Puzzle Contest Insurance Report
Actuarial Challenge 2015 Price Indemnity Puzzle Contest Insurance ReportActuarial Challenge 2015 Price Indemnity Puzzle Contest Insurance Report
Actuarial Challenge 2015 Price Indemnity Puzzle Contest Insurance Reportaashrafz
 
Entrepreneur project final
Entrepreneur project finalEntrepreneur project final
Entrepreneur project finaltahirtari
 
Directing intelligence in_private_banking
Directing intelligence in_private_bankingDirecting intelligence in_private_banking
Directing intelligence in_private_bankingGregory Philippatos
 
253905656-Samsung-Marketing-Strategy-Thesis
253905656-Samsung-Marketing-Strategy-Thesis253905656-Samsung-Marketing-Strategy-Thesis
253905656-Samsung-Marketing-Strategy-ThesisSabrina Green
 
Smart Helmet (1st prize ppt in Apple developer group hackathon)
Smart Helmet (1st prize ppt in Apple developer group hackathon)Smart Helmet (1st prize ppt in Apple developer group hackathon)
Smart Helmet (1st prize ppt in Apple developer group hackathon)Arjun Pardasani
 
Samsung Smart TV Marketing Strategies
Samsung Smart TV Marketing StrategiesSamsung Smart TV Marketing Strategies
Samsung Smart TV Marketing StrategiesZeeshan Azam
 
What is Affiliate Marketing
What is Affiliate MarketingWhat is Affiliate Marketing
What is Affiliate MarketingFrederik Drejfald
 
AIR_BAG.pptx
AIR_BAG.pptxAIR_BAG.pptx
AIR_BAG.pptxmonu829663
 
THE SMART HELMET
THE SMART HELMETTHE SMART HELMET
THE SMART HELMETDushyant Singh
 
The Smart Helmet
The Smart HelmetThe Smart Helmet
The Smart HelmetDushyant Singh
 
Acmeconsulting mpp live
Acmeconsulting mpp liveAcmeconsulting mpp live
Acmeconsulting mpp liveMohan Bista
 
Business plan MADEmBePo
Business plan MADEmBePoBusiness plan MADEmBePo
Business plan MADEmBePoBedin Giacomo
 
Muse Gruop presentation.pptx
Muse Gruop presentation.pptxMuse Gruop presentation.pptx
Muse Gruop presentation.pptxmohamedmuse15
 
PLANO DE MARKETING EXEMPLO MODA.pdf
PLANO DE MARKETING EXEMPLO MODA.pdfPLANO DE MARKETING EXEMPLO MODA.pdf
PLANO DE MARKETING EXEMPLO MODA.pdfAmnonArmoni
 
IGC Pitch Deck
IGC Pitch DeckIGC Pitch Deck
IGC Pitch DeckAlex Livak
 
Case Analysis Of Capsim
Case Analysis Of CapsimCase Analysis Of Capsim
Case Analysis Of CapsimGina Alfaro
 
mrkt354lecture4i-140209143215-phpapp02.pptx
mrkt354lecture4i-140209143215-phpapp02.pptxmrkt354lecture4i-140209143215-phpapp02.pptx
mrkt354lecture4i-140209143215-phpapp02.pptxNeelamSheoliha2
 
Discount pharmacy marketing plan
Discount pharmacy marketing planDiscount pharmacy marketing plan
Discount pharmacy marketing planUtai Sukviwatsirikul
 

Similar to Cross helmet x1 (20)

Actuarial Challenge 2015 Price Indemnity Puzzle Contest Insurance Report
Actuarial Challenge 2015 Price Indemnity Puzzle Contest Insurance ReportActuarial Challenge 2015 Price Indemnity Puzzle Contest Insurance Report
Actuarial Challenge 2015 Price Indemnity Puzzle Contest Insurance Report
 
Entrepreneur project final
Entrepreneur project finalEntrepreneur project final
Entrepreneur project final
 
Directing intelligence in_private_banking
Directing intelligence in_private_bankingDirecting intelligence in_private_banking
Directing intelligence in_private_banking
 
253905656-Samsung-Marketing-Strategy-Thesis
253905656-Samsung-Marketing-Strategy-Thesis253905656-Samsung-Marketing-Strategy-Thesis
253905656-Samsung-Marketing-Strategy-Thesis
 
Smart Helmet (1st prize ppt in Apple developer group hackathon)
Smart Helmet (1st prize ppt in Apple developer group hackathon)Smart Helmet (1st prize ppt in Apple developer group hackathon)
Smart Helmet (1st prize ppt in Apple developer group hackathon)
 
Samsung Smart TV Marketing Strategies
Samsung Smart TV Marketing StrategiesSamsung Smart TV Marketing Strategies
Samsung Smart TV Marketing Strategies
 
Projectproposal
ProjectproposalProjectproposal
Projectproposal
 
What is Affiliate Marketing
What is Affiliate MarketingWhat is Affiliate Marketing
What is Affiliate Marketing
 
AIR_BAG.pptx
AIR_BAG.pptxAIR_BAG.pptx
AIR_BAG.pptx
 
THE SMART HELMET
THE SMART HELMETTHE SMART HELMET
THE SMART HELMET
 
The Smart Helmet
The Smart HelmetThe Smart Helmet
The Smart Helmet
 
Acmeconsulting mpp live
Acmeconsulting mpp liveAcmeconsulting mpp live
Acmeconsulting mpp live
 
BIG DATA AND RETAIL
BIG DATA AND RETAILBIG DATA AND RETAIL
BIG DATA AND RETAIL
 
Business plan MADEmBePo
Business plan MADEmBePoBusiness plan MADEmBePo
Business plan MADEmBePo
 
Muse Gruop presentation.pptx
Muse Gruop presentation.pptxMuse Gruop presentation.pptx
Muse Gruop presentation.pptx
 
PLANO DE MARKETING EXEMPLO MODA.pdf
PLANO DE MARKETING EXEMPLO MODA.pdfPLANO DE MARKETING EXEMPLO MODA.pdf
PLANO DE MARKETING EXEMPLO MODA.pdf
 
IGC Pitch Deck
IGC Pitch DeckIGC Pitch Deck
IGC Pitch Deck
 
Case Analysis Of Capsim
Case Analysis Of CapsimCase Analysis Of Capsim
Case Analysis Of Capsim
 
mrkt354lecture4i-140209143215-phpapp02.pptx
mrkt354lecture4i-140209143215-phpapp02.pptxmrkt354lecture4i-140209143215-phpapp02.pptx
mrkt354lecture4i-140209143215-phpapp02.pptx
 
Discount pharmacy marketing plan
Discount pharmacy marketing planDiscount pharmacy marketing plan
Discount pharmacy marketing plan
 

More from kainatq

Customer complain 2
Customer complain 2Customer complain 2
Customer complain 2kainatq
 
Customer complain 1
Customer complain 1Customer complain 1
Customer complain 1kainatq
 
Business plan
Business planBusiness plan
Business plankainatq
 
Opportunities of e- commerce
Opportunities of e- commerce Opportunities of e- commerce
Opportunities of e- commerce kainatq
 
exporter interview
exporter interviewexporter interview
exporter interviewkainatq
 
foreign venture (The Closet)
foreign venture (The Closet)foreign venture (The Closet)
foreign venture (The Closet)kainatq
 

More from kainatq (6)

Customer complain 2
Customer complain 2Customer complain 2
Customer complain 2
 
Customer complain 1
Customer complain 1Customer complain 1
Customer complain 1
 
Business plan
Business planBusiness plan
Business plan
 
Opportunities of e- commerce
Opportunities of e- commerce Opportunities of e- commerce
Opportunities of e- commerce
 
exporter interview
exporter interviewexporter interview
exporter interview
 
foreign venture (The Closet)
foreign venture (The Closet)foreign venture (The Closet)
foreign venture (The Closet)
 

Recently uploaded

Forecast of Content Marketing through AI
Forecast of Content Marketing through AIForecast of Content Marketing through AI
Forecast of Content Marketing through AIRinky
 
pptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptxpptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptxarsathsahil
 
BrightonSEO - Addressing SEO & CX - CMDL - Apr 24 .pptx
BrightonSEO -  Addressing SEO & CX - CMDL - Apr 24 .pptxBrightonSEO -  Addressing SEO & CX - CMDL - Apr 24 .pptx
BrightonSEO - Addressing SEO & CX - CMDL - Apr 24 .pptxcollette15
 
Inbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon Garside
Inbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon GarsideInbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon Garside
Inbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon Garsiderobwhite630290
 
GreenSEO April 2024: Join the Green Web Revolution
GreenSEO April 2024: Join the Green Web RevolutionGreenSEO April 2024: Join the Green Web Revolution
GreenSEO April 2024: Join the Green Web RevolutionWilliam Barnes
 
Call Girls in Lajpat Nagar Delhi đŸ’¯Call Us 🔝8264348440🔝
Call Girls in Lajpat Nagar Delhi đŸ’¯Call Us 🔝8264348440🔝Call Girls in Lajpat Nagar Delhi đŸ’¯Call Us 🔝8264348440🔝
Call Girls in Lajpat Nagar Delhi đŸ’¯Call Us 🔝8264348440🔝soniya singh
 
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdfDigital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdfDemandbase
 
DIGITAL MARKETING COURSE IN BTM -Influencer Marketing Strategy
DIGITAL MARKETING COURSE IN BTM -Influencer Marketing StrategyDIGITAL MARKETING COURSE IN BTM -Influencer Marketing Strategy
DIGITAL MARKETING COURSE IN BTM -Influencer Marketing StrategySouvikRay24
 
Red bull marketing presentation pptxxxxx
Red bull marketing presentation pptxxxxxRed bull marketing presentation pptxxxxx
Red bull marketing presentation pptxxxxx216310017
 
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdfDGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdfDemandbase
 
Jai Institute for Parenting Program Guide
Jai Institute for Parenting Program GuideJai Institute for Parenting Program Guide
Jai Institute for Parenting Program Guidekiva6
 
DIGITAL MARKETING STRATEGY_INFOGRAPHIC IMAGE.pdf
DIGITAL MARKETING STRATEGY_INFOGRAPHIC IMAGE.pdfDIGITAL MARKETING STRATEGY_INFOGRAPHIC IMAGE.pdf
DIGITAL MARKETING STRATEGY_INFOGRAPHIC IMAGE.pdfmayanksharma0441
 
What are the 4 characteristics of CTAs that convert?
What are the 4 characteristics of CTAs that convert?What are the 4 characteristics of CTAs that convert?
What are the 4 characteristics of CTAs that convert?Juan Pineda
 
Mastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven WorldMastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven WorldScalenut
 
How To Utilize Calculated Properties in your HubSpot Setup
How To Utilize Calculated Properties in your HubSpot SetupHow To Utilize Calculated Properties in your HubSpot Setup
How To Utilize Calculated Properties in your HubSpot Setupssuser4571da
 
Word Count for Writers: Examples of Word Counts for Sample Genres
Word Count for Writers: Examples of Word Counts for Sample GenresWord Count for Writers: Examples of Word Counts for Sample Genres
Word Count for Writers: Examples of Word Counts for Sample GenresLisa M. Masiello
 
厚åˆļ(ULVæ¯•ä¸šč¯äšĻ)拉文大å­Ļæ¯•ä¸šč¯æˆįģŠå•åŽŸį‰ˆä¸€æ¯”一
厚åˆļ(ULVæ¯•ä¸šč¯äšĻ)拉文大å­Ļæ¯•ä¸šč¯æˆįģŠå•åŽŸį‰ˆä¸€æ¯”一厚åˆļ(ULVæ¯•ä¸šč¯äšĻ)拉文大å­Ļæ¯•ä¸šč¯æˆįģŠå•åŽŸį‰ˆä¸€æ¯”一
厚åˆļ(ULVæ¯•ä¸šč¯äšĻ)拉文大å­Ļæ¯•ä¸šč¯æˆįģŠå•åŽŸį‰ˆä¸€æ¯”一s SS
 
marketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdfmarketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdfarsathsahil
 
The Skin Games 2024 25 - Sponsorship Deck
The Skin Games 2024 25 - Sponsorship DeckThe Skin Games 2024 25 - Sponsorship Deck
The Skin Games 2024 25 - Sponsorship DeckToluwanimi Balogun
 
Omnichannel Marketing: Defining Omnichannel Marketing
Omnichannel Marketing: Defining Omnichannel MarketingOmnichannel Marketing: Defining Omnichannel Marketing
Omnichannel Marketing: Defining Omnichannel MarketingDove Soft Ltd
 

Recently uploaded (20)

Forecast of Content Marketing through AI
Forecast of Content Marketing through AIForecast of Content Marketing through AI
Forecast of Content Marketing through AI
 
pptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptxpptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptx
 
BrightonSEO - Addressing SEO & CX - CMDL - Apr 24 .pptx
BrightonSEO -  Addressing SEO & CX - CMDL - Apr 24 .pptxBrightonSEO -  Addressing SEO & CX - CMDL - Apr 24 .pptx
BrightonSEO - Addressing SEO & CX - CMDL - Apr 24 .pptx
 
Inbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon Garside
Inbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon GarsideInbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon Garside
Inbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon Garside
 
GreenSEO April 2024: Join the Green Web Revolution
GreenSEO April 2024: Join the Green Web RevolutionGreenSEO April 2024: Join the Green Web Revolution
GreenSEO April 2024: Join the Green Web Revolution
 
Call Girls in Lajpat Nagar Delhi đŸ’¯Call Us 🔝8264348440🔝
Call Girls in Lajpat Nagar Delhi đŸ’¯Call Us 🔝8264348440🔝Call Girls in Lajpat Nagar Delhi đŸ’¯Call Us 🔝8264348440🔝
Call Girls in Lajpat Nagar Delhi đŸ’¯Call Us 🔝8264348440🔝
 
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdfDigital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
 
DIGITAL MARKETING COURSE IN BTM -Influencer Marketing Strategy
DIGITAL MARKETING COURSE IN BTM -Influencer Marketing StrategyDIGITAL MARKETING COURSE IN BTM -Influencer Marketing Strategy
DIGITAL MARKETING COURSE IN BTM -Influencer Marketing Strategy
 
Red bull marketing presentation pptxxxxx
Red bull marketing presentation pptxxxxxRed bull marketing presentation pptxxxxx
Red bull marketing presentation pptxxxxx
 
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdfDGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
 
Jai Institute for Parenting Program Guide
Jai Institute for Parenting Program GuideJai Institute for Parenting Program Guide
Jai Institute for Parenting Program Guide
 
DIGITAL MARKETING STRATEGY_INFOGRAPHIC IMAGE.pdf
DIGITAL MARKETING STRATEGY_INFOGRAPHIC IMAGE.pdfDIGITAL MARKETING STRATEGY_INFOGRAPHIC IMAGE.pdf
DIGITAL MARKETING STRATEGY_INFOGRAPHIC IMAGE.pdf
 
What are the 4 characteristics of CTAs that convert?
What are the 4 characteristics of CTAs that convert?What are the 4 characteristics of CTAs that convert?
What are the 4 characteristics of CTAs that convert?
 
Mastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven WorldMastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven World
 
How To Utilize Calculated Properties in your HubSpot Setup
How To Utilize Calculated Properties in your HubSpot SetupHow To Utilize Calculated Properties in your HubSpot Setup
How To Utilize Calculated Properties in your HubSpot Setup
 
Word Count for Writers: Examples of Word Counts for Sample Genres
Word Count for Writers: Examples of Word Counts for Sample GenresWord Count for Writers: Examples of Word Counts for Sample Genres
Word Count for Writers: Examples of Word Counts for Sample Genres
 
厚åˆļ(ULVæ¯•ä¸šč¯äšĻ)拉文大å­Ļæ¯•ä¸šč¯æˆįģŠå•åŽŸį‰ˆä¸€æ¯”一
厚åˆļ(ULVæ¯•ä¸šč¯äšĻ)拉文大å­Ļæ¯•ä¸šč¯æˆįģŠå•åŽŸį‰ˆä¸€æ¯”一厚åˆļ(ULVæ¯•ä¸šč¯äšĻ)拉文大å­Ļæ¯•ä¸šč¯æˆįģŠå•åŽŸį‰ˆä¸€æ¯”一
厚åˆļ(ULVæ¯•ä¸šč¯äšĻ)拉文大å­Ļæ¯•ä¸šč¯æˆįģŠå•åŽŸį‰ˆä¸€æ¯”一
 
marketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdfmarketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdf
 
The Skin Games 2024 25 - Sponsorship Deck
The Skin Games 2024 25 - Sponsorship DeckThe Skin Games 2024 25 - Sponsorship Deck
The Skin Games 2024 25 - Sponsorship Deck
 
Omnichannel Marketing: Defining Omnichannel Marketing
Omnichannel Marketing: Defining Omnichannel MarketingOmnichannel Marketing: Defining Omnichannel Marketing
Omnichannel Marketing: Defining Omnichannel Marketing
 

Cross helmet x1

  • 1. SMART HELMET X1 MARKETING SEMESTER PROJECT Team Shakshambu | Fundamentals of Marketing | 17th Dec 2018 Department of Management Sciences COMSATS University, Islamabad Campus
  • 2. PAGE 1 Table of Contents CHAPTER NO 1. INTRODUCTION ......................................................................................3 1.1 INTRODUCTION TO PRODUCT:..........................................................................3 1.1.1 Difference between Traditional & Cross Helmet:................................................3 1.1.2 Features of Product:..........................................................................................4 1.2 BRAND NAME:.....................................................................................................5 1.3 MARKETING PLAN:.................................................................................................5 1.3.1 SEGMENTATION:..............................................................................................5 1.3.2 TARGETING: .....................................................................................................5 1.3.3 POSITIONING:...................................................................................................6 1.3.3.1 Selecting an overall Positioning Strategy:...........................................................6 1.3.4 DIFFERENTIATION EDGE (Strengths):..............................................................7 1.4 HOW DOES IT WORKS:........................................................................................7 CHAPTER NO 2. PRICING TECHNIQUES ...........................................................................8 2.1. PRICING STRATEGY:...........................................................................................8 2.2 WHY WE ARE CHARGING THIS PRICE:..............................................................8 2.2. RANGE OF PRODUCT PRICE:..............................................................................9 2.3. COSTS: ..................................................................................................................9 2.4. PRICE:.................................................................................................................10 CHAPTER NO 3. PROMOTION COMPAIGN......................................................................10 3.1 ADVERTISING:...................................................................................................10 3.2 PUBLIC RELATIONS:..........................................................................................11 3.3 DIRECT MARKETING:........................................................................................12 3.4 PERSONAL SELLING:.........................................................................................13 3.5 SALES PROMOTION:..........................................................................................13 CHAPTER NO 4. PLACEMENT..........................................................................................13 4.1 CHANNELS OF DISTRIBUTION:........................................................................13 4.2 LOGISTICS:.........................................................................................................14 4.3 RETAILING:........................................................................................................14 CHAPTER NO 5..................................................................................................................15 5.1 CONCLUSIONS.........................................................................................................15
  • 3. PAGE 2 5.2 FUTURE IMPLICATIONS/ RECOMMENDATIONS:.................................................15 5.3 REFRENCES..............................................................................................................15
  • 4. PAGE 3 CHAPTER NO 1. INTRODUCTION 1.1 INTRODUCTIONTO PRODUCT: ROAD traffic crashes take the lives of nearly 1.3 million every year and injure 20-50 million more in the world. According to Pakistan Bureau of Statistics data on traffic accidents in Pakistan from 2004 to 2013, the ratio of killings in road accidents in total 51,416 people died in 97,739 road accidents across the country. Only 28 countries, covering 7% of the world’s population, have comprehensive road safetylaws on five key risk factors:drinking and driving, speeding, and failing to use motorcycle helmets, seat-beltsand child restraints. So, to overcome this problem we are introducing a new product which is called smart helmet with the aim to reduce the number of accidents that occur every day. Figure 1: Smart Helmet 1.1.1 Difference between Traditional & Cross Helmet: Most of the bikers don’t use helmets in Pakistan and if they do it’s only the fear of challan. With normal helmets the rider has to turn head again and again to watch his rear. Moreover,a rider must stop and park to attend the call. And not everyone knows their way around, so they end up asking everyone on the road the waysto their location. All of these,make the traditional helmets unsafe. While, Smart Helmets are designed on one single idea which is security of sport bike riders. The safety feature is that if unfortunately, if driver met an accident, the location of accident would be sent to listed contacts numbers, police station or ambulance.
  • 5. PAGE 4 Figure 2: Traditional & Smart Helmet respectively. 1.1.2 Features of Product: ī‚ˇ Safety LED lights ī‚ˇ Security System ī‚ˇ Bluetooth Connectivity ī‚ˇ Heads up Display ī‚¨ Speedo Meter ī‚¨ GPS ī‚¨ Time & Date Figure 3: Features of Smart Helmet
  • 6. PAGE 5 1.2 BRAND NAME: “SMART HELMETS” 1.1.1 Product Name: “Smart Helmet X1” 1.1.2 Head Office Address: I-9/2 Industrial Area, Islamabad. 1.1.3 Official Website: www.smarthelmets.com 1.3 MARKETING PLAN: 1.3.1 SEGMENTATION: Market segmentation is the process of dividing a market of potential customers into groups, or segments, based on different characteristics. The segments created are composed of consumers who will respond similarly to marketing strategies and who share traits such as similar interests, needs, or locations. ī‚ˇ Demographically: ī‚¨ Age: 21 years – 45 years ī‚¨ Gender: Male & Female ī‚¨ Income: Middle and Upper Class ī‚ˇ Geographically: ī‚¨ All over Pakistan. ī‚ˇ Psychographic: ī‚¨ High class people ī‚¨ Motor heads 1.3.2 TARGETING: A target market is a segment that has been selected to be served by the company. It consists of a set of buyers who share common needs or characteristics. Four target marketing strategies: ī‚ˇ Undifferentiated (mass) marketing ī‚ˇ Differentiated (segmented) marketing ī‚ˇ Focused (niche) marketing ī‚ˇ Micromarketing / customized (local or individual)
  • 7. PAGE 6 Our business is related with a very specific product and very close target group, so our target marketing strategy is focused marketing (niche). 1.3.3 POSITIONING: The place our product occupies in customer’s minds relative to competitor’s offerings. The goal is to differentiate our product / service in a positive way to gain competitive advantage. Positioning Map: Figure 4: Positioning Map In the positioning map we can observe our direct competitors, this map explains in which position we are in the market due to two aspects:Price and design. 1.3.3.1 Selecting an overall Positioning Strategy: The full positioning of a brand, the full mix of benefits on which it is positioned.
  • 8. PAGE 7 Possible Value Propositions: Figure 6: Value Proposition In this proposition, our brand lies in the first quadrant which is getting more benefits for price. To prove this, we have got a survey sheet which shows the results. 1.3.4 DIFFERENTIATION EDGE (STRENGTHS): ī‚ˇ Good innovative concept ī‚ˇ Customer protection oriented ī‚ˇ High quality helmets ī‚ˇ High comfort and safety features ī‚ˇ Good access to distribution network 1.4 HOW DOES IT WORKS: ī‚ˇ It is chargeable helmet which is designed for motorcyclist’s safety purposes. ī‚ˇ It has a camera on the back side which will work as a rear-view mirror to prevent the rider from turning their heads again and again to keep a look on what’s behind. More for More More for Same More for Less More for Same Same for Same Same for Less More for Les Same for Less Less for Much Less PRICE BENEFITS
  • 9. PAGE 8 ī‚ˇ The heads-up display also shows the speed bike is going on by measuring the distance per kilometer along date and time. ī‚ˇ It has a function of connectivity, which connects your Smart helmet to your phone. You can listen to the songs or attend calls. GPS system can tell you the direction to your destination through speakers. ī‚ˇ The main and important feature of this helmet is that if unfortunately, biker met an accident its sensor gets activated and it automatically send an emergency location and a call to your listed “Emergency Contacts” or police station or an ambulance. Figure 7: Internal Structure of Smart Helmet CHAPTER NO 2. PRICING TECHNIQUES 2.1. PRICING STRATEGY: For our product we would be using Price Skimming Strategy. Market Skimming pricing is setting a high price for new product to skim maximum revenues for the segment willing to pay high price, the company makes fewer but more profitable sales. 2.2 WHY WE ARE CHARGING THIS PRICE: Price skimming is done when your product has some uniqueness. Those are as follows; ī‚ˇ 360-degree back camera ī‚ˇ Heads-up display
  • 10. PAGE 9 ī‚ˇ Sleek and stylish design ī‚ˇ Connectivity with Phone ī‚ˇ GPS system ī‚ˇ Security System 2.2. RANGE OF PRODUCT PRICE: Our product price lies between Rs. 30,000 – 40,000 2.3. COSTS: Initial Investment: Rs. 15,000,000 Primarily Expenses: Web site = Rs. 200,000 Plant (machinery) = Rs. 5000,000 Fixed Costs: Rented Land: Rs. 100,000 per month Wearhouse = Rs. 75,000 per month Total Salaries: Rs. 100,000 (7 labours) Total Fixed Cost = Rs. 275,000 (per month) Variable Cost: Raw Material cost (700,000 +50,000) = 750,000 Camera (Rs. 2700*60) = 162,000 HUD (Rs. 4900*60) = 294,000 Safety LED Lights (Rs.420*60) = 25,200 Connectivity Router (Rs. 900*60) = 54,000 GPRS (Rs.1400*60) = 84,000 Packaging Cost = Rs. 30,000
  • 11. PAGE 10 Transportation Cost = Rs. 5,000 Promotion Cost = Rs. 150,000 Total Variable Cost: Rs.1,554,200 (for 60 units) Total Costs = Total Fixed Cost + Total Variable Cost = 275,000 + 1,554,200 Total Cost = Rs. 1,829,200 2.4. PRICE: Per unit cost = Total cost/ total units produced = Rs. 1,829,200/ 60 = Rs. 30,500 (approx.) Mark up = 20% markup Mark-up Price = Rs. 36,600 CHAPTER NO 3. PROMOTION COMPAIGN A helmet is a form of protective headgear worn by race car drivers and sports motorcyclists. It is better not to crash at all, then to crash wearing a helmet. But if you do crash, a helmet works to absorb the force, which protects your head, which in turn protects your brain. Helmets work to prevent head injuries which becomes even more important for children whose brains are still developing. So, wearing a helmet on motorcycle can absolutely can save your life. We decided the best tools to reach our target groups, segments and which will help us use our strong points and opportunities. 3.1 ADVERTISING: Advertising is one of the basic elements in the marketing. It is very important to introduce your product to customers. For example; using sports channel, stadium billboard or sports program on TV.
  • 12. PAGE 11 We would like to cooperate with the famous bike racer Saad Ali. He races in MotoGP and now is currently in contract with Honda`s factory team. He is a local star. We want to use his name and image to create our posters and commercials. Figure 8: Saad Ali (The Racer) Billboard next to racing tracks,it’s a perfect location. Lots of fans can see it. Commercial on bus stationand near racing ground and other sports grounds in cities we choose because people using it on before and after the game, to get to fan shop during the game week. 3.2 PUBLIC RELATIONS: Public relations are more to learn about information about competitors’ sales, customer’ needs and market. So, you can shape your organization and product planning. Invitation for people from different leagues, town government it’s important to have good relations with them and clubs which we are sponsoring. Figure 9: Invitation for Bikers
  • 13. PAGE 12 An important issue here is to create corporate identity. It makes people to remember our brand. People must be aware, know our brand and we have to create a good image in people mind. We have a logo and we should take advantage of it, free merchandising, our colour is black so we can create a lot of stuff using this attribute. For example: pens, notebooks, special bags for bike helmet etc. and give it to people for free to use it and remember our brand image. 3.3 DIRECT MARKETING: Direct marketing allows for direct to consumer advertising by implementing techniques where physical marketing materials are provided directly to the target groups to educate them about the product. This is done through fliers, catalogs, and person to person sales. (Cell phones text messaging, email and promotion letters) We would like to create a website; this website must be better than others with modern online selling system and with our commercial. We can also have an interview with some players who are using our helmet and post it there. The e-commerce is getting more important now a day so it’s a good point and we can find an easy competitive advantage, our customer will know all the characteristics of our product, the new launches and promotions. The main point of website is the online shop, where clients will be able to get our products and get them in terms of express delivery. You will find us in the social media, it’s important to adapt yourself to the common trends in the society so we will have an active behavior on Facebook and Twitter. Sponsorship, we would like to become a sponsor of 1 teams in a league i.e. Drag Racing. It is biggest, and this is our target. We can offer them free equipment in return for commercial inside arena and maybe on tickets and shirts. Figure 10: Drag Racing Sponsorship
  • 14. PAGE 13 3.4 PERSONAL SELLING: We can implement face to face selling to convince customers to purchase products. Through personal interaction we can better understand the customers’ needs and educate them why our product is superior to our competitor’s product. 3.5 SALES PROMOTION: Sales promotion encourages customers to purchase more. Loyalty cards, giving some little gift with the product are examples of the sales promotion. Trade in your old helmet in any condition and get discount of$10 OFF. This kind of promotion time to time. Of course, special discount on racing events and shows. Figure 11: Discount for Promotion Purposes In first week of selling we can give fans free tickets for games when they buy a helmet. Only teams which will be sponsored by us: Drag Racing. CHAPTER NO 4. PLACEMENT 4.1 CHANNELS OF DISTRIBUTION: As we’re doing online business, we will only use our official website to take orders and delivery goods. 8 helmets take almost 10-12 hours to complete. Our total goods produced are 60, batch 1 of 60 goods will be produced once and stored in warehouse. As,we would be receiving orders we will deliver them goods. For delivery purposes we would be using national courier services like TCS or Leopards etc. our official website is; www.smarthelmets.com
  • 15. PAGE 14 Figure 12: Courier Services; TCS and Leopards respectively 4.2 LOGISTICS: Our head office will be stationed in Islamabad and the warehouses in which the helmets would be stored would also be in Islamabad. After receiving orders from the showrooms, we would rely on the country’s own courier services such as TCS or Leopard’s courier to transfer out products to its end customers and payments would made online through online banking system. Warehouse Address: Islamabad I/9 Figure 13: Wearhouse in Islamabad 4.3 RETAILING: Our distribution strategy requires no retailing. Initially our products would be placed in the warehouse of Islamabad because we are using online shopping method and collection method for distribution purposes.
  • 16. PAGE 15 CHAPTER NO 5. 5.1 CONCLUSIONS This helmet can reduce number of road accidents that takes place every day. It ensures the safety of the biker as well as sends the victim’s location to family members and nearby police station. Also, death rate can drastically be reduced by implementing this circuit as mandatory while driving and make everyone’s life easier and smoother. 5.2 FUTURE IMPLICATIONS/ RECOMMENDATIONS: The project can be enhanced by adding Google Glass Technology. Through this technology, biker can see the upcoming road before reaching that place. It can prevent biker from pits and pitiful condition of roads. Also, biker can see navigation on it and can alert him while taking sharp turns. Further, it can implement on cars also. People can use car seat belt to start ignition of car which can enhance the safety of the driver. 5.3 REFRENCES ī‚ˇ https://www.olx.com.pk/item/i-9-industrial-area-prime-location-space-available- warehouse-offices-iid-862053568 ī‚ˇ https://www.youtube.com/watch?v=rsUFe9q4ILo ī‚ˇ https://www.olx.com.pk/item/1000-square-feet-warehouse-available-for-rent-in- islamabad-i-9-iid-1001234350 ī‚ˇ https://www.daraz.pk/300mbps-wireless-n-pico-usb-adapter-i100307486- s1243855212.html?spm=a2a0e.searchlistcategory.list.2.7cd4397aaGFmfz&search=1 ī‚ˇ https://www.ridenuviz.com ī‚ˇ https://www.amazon.com/Wireless-Helmet-Brake-Light- Receiver/dp/B0042ASTT8 ī‚ˇ https://www.ebay.com/bhp/motorcycle-helmet-camera ī‚ˇ https://www.alibaba.com/showroom/gps-navigation-chip.html