The document outlines a case study on Luxor pens with the objectives to understand customer preferences, purchasing behaviors, and the influence of displays on purchases. It discusses Luxor catering to all economic levels by offering affordable yet high-quality pens. Luxor has strengthened its base in the children's segment by launching an extensive array of coloring pens, crayons, and markers. The company also uses initiatives like foreign collaborations, innovative products, and imported technologies to motivate customers.
2. The objectives of this particular case
study are:
To determine customer preferences in
respect of pen
To know the various reasons for which
customer purchases pen.
To understand the buying behavior of the
customers.
3. Continue…
To analyze the effect of display on customer
purchasing.
To understand relatives influence on
customers in the purchasing process
4. Key differentiator from the
consumers' perspective
Starting from a small child, what does he/she need?
Colored pens and crayons.
The prices of these pens are affordable in the sense
that a parent having three-four children must be
economical in getting these products
According to the need of the student, whether it is a
hi-tech pen or a specialized technology pen.
So keeping in mind economical needs of target
audience the price of pens are designed accordingly.
So the strategy is - cater to all classes of people at a
price that is value for money.
5. Strengthening base in the children
segment
Luxor has been very closely connected with
the children segment.
To strengthen its base here, LWIPL has
launched an extensive array of color pens,
crayons, sketch pens, tattoo markers etc.
Luxor is the only company in India that
caters to the complete sketching, drawing
and coloring needs of children.
6. Key initiatives to motivate the
customers
Luxor had imported technology in order to convince
customers
Took bold initiatives like foreign collaborations and
technical tie ups
Armed for mass appeal by powerful quality brands
LWIPL constantly innovated and reinvented its
product range in order to meet the writing needs of
Indian customers.
7. Branding of Luxor
Unmatched leader by offering writing
instrument for everyone in wide range of
quality and price
Enjoys universal appeal
Exporter to countries such as European
Union, Russia, Africa etc.
Provides value for money and commands
respect
8. Initiatives done by LWIPL in order to
target customers
Products like sketch pens, plastic pens, crayons,
magic pens were launched specially for children
Launch of French brand Waterman range in India
Pilot hi tech needle ball point pens were launched in
association with Pilot Corporation of Japan
Usage of imported technology in order to convince
customers of its own home grown technology
11. Future orientation
To meet the ever changing needs of consumers in
key markets
To position itself as a world leader in the existing
categories by focusing on three main areas:
Geographical
Technological innovation
Productivity gain