2. Name: Nafisa Ahmed
ID: 121011024
Name: Ishrat Zaman
ID-121011119
Name: Nabila Ahmed
ID: 121011151
3. Product Indication
Product Name: Electronic Rewritable Paper
It is a rewritable paper consists of 500 pages
It can be used instead of paper
Recharging 1 hour it can be used for a week
It can be used anywhere at daylight and night
It is easy to carry and have light weight
It doesn’t need extra ink or color to write.
Price: Taka 999.
4. Market Segmentation
Age: 16-40 years
16-25years most of the people are student
25+ to 40 years people are corporate person and use paper
to maintain their routine work and conduct their daily
work
Social Class:
Upper-Upper
Lower-Upper
Upper-Middle
5. Evaluating the segments
Virtually 10% consumer will go to buy our product
Market is a growing-market
The risk of competition is very little then any other
product as there is no such product
Our company resources are sufficient enough for
producing the product and it is related with our present
company objectives
7. Target Marketing Strategy
Concentrated Marketing Strategy
To produce the product in a proficient, well-organized way
by using our existing resources
To focus the target group of customer
Product its prices and programs will be customized,
modified more carefully and generally to the need of
defined segments
Help us to market more efficiently targeting the product,
channel and communication programs toward target
consumers.
8. Positioning Statement
“If you are a technology lover and it’s all discovers then
why are you waiting for, come and pick a Sparkling
Electronic Rewritable Paper because it is waiting for you.”