BREEZE
CHARGEABLE CEILING FAN
PRESENTED BY
ABUZAR RASHEED (7198)
TALHA AHMED (9558)
ALI RIAZ FARAUQI (8561)
MUHAMMAD ZEESHAN (7093)
SHOAIB AHMED (7442)
OUR PRODUCT
• The product which is been launched in the
market is name as “BREEZE CHARGEABLE
CEILING FANS “
• This Fan is designed to work even in the load
shading. It consists of built in battery which
gives the back up of up to 4 hours. Unlike
other, this fan doesn’t use regulator but uses
remote control system to control the power.
Features of the Product
• Chargeable Fans
• Remote Control Technology
• Temperature Reader
• Red LED Charging indicator
• Green LED Operating indicator
• Better Quality Products
• Latest Technology
Price
• As a new comer our pricing
strategy is to introduce our
products in the market at lower
prices so as to create huge
demand in the market and then
compete with other competitors.
Pricing Policy
The Chargeable Ceiling Fan’s pricing objective is to set a
price that is affordable to our target customers, compels
them to buy our product and stay loyal to it.
Category A
•Price Starting from Rs: 4,500 (Simple Chargeable Fan) and
Ends on Rs: 6,000 (Advanced)
Category B
•Price Starting from Rs: 6,000 (With Lights, Remote Control
Technology and Advancements) and End on Rs: 8000 (Full
Advanced Fans with High Quality Design)
Pricing Strategy
Our product will be lie on penetration
strategy with high quality & low price
 For introducing new
product
 Price low to capture
market share
 Expect to make profit
in volume
Vision
• To be recognized as a leading organization that
values customers’ needs and provides smart
solutions with strong customer care
Mission
• To be capable to deliver the range and quality ofTo be capable to deliver the range and quality of
chargeable fans which the customer demands,chargeable fans which the customer demands,
which can only be fulfilled by the modernwhich can only be fulfilled by the modern
technology which will have the scale andtechnology which will have the scale and
worldwide presence to do so competitivelyworldwide presence to do so competitively
MARKET SEGMENTATION
• Market segmentation is the process in marketing of
dividing a market into distinct subsets (segments)
that behave in the same way or have similar needs
• Variables Used for Segmentation
1) Geographic variables
2) Demographic variables
3) Psychographic variables
4) Behavioural variables
Geographic variables
• Geographic- People living in Karachi
Demographic variables
• Age – all age group
• Gender – not applicable
• Family size - matter
• Education – not applicable
• Income – low, middle & hi end consumer
• Occupation – student, working and
housewives
• Nationality/race – not applicable
• Language – not applicable
SWOT ANALYSIS
Strength
•Innovative Idea
•Chargeable Fans
•Remote Control Technology
•Excellent quality fan products
•Temperature reader
•Beautiful Design
•Latest Technology
•Reasonable cost
•Capacity of Production
•Small capital required for upgrading production plant
SWOT ANALYSIS
Weakness
•Easily replicated models
•Demand is seasonal
•Financial Resources
•Limited budget for starting
manufacturing of other things
•Tax Structure
•High Price as compare to local fans
•Limited experience of new employees
of the company
SWOT ANALYSIS
Opportunities
•Expansion through Strategic Alliances
•Diversifying into other electrical products
•Focus on Technology Intensive Products
•Increase in demand with increase in population
•Export Opportunity
SWOT ANALYSIS
Threats
•Threat of new strong competitors.
•Threat of change in Government Trade Policies
•International competitors
•Threat of unstable law and order situation
•Price variability in raw materials and components
•Cheap import from China
•High import custom duties
•External business risks
•Technological shifts
•Shortage of energy
•Increase in prices of raw material
Target market• The target market of our product is almost all the classes
of customers which include lower class, middle class, the
upper middle class & the higher class and especially our
customers which are living in those areas of Karachi
where there is scheduled load shading of more than four
hours.
Positioning Attributes
Pakistan First Efficient Chargeable Ceiling
Fan
• breeze Fan
• Innovative Product
• At an affordable prices
• Good quality and unique product
• Technology oriented
• Provide exceptional product that leaves an impression
with our core customers.
CUSTOMER ANALYSIS
If we look at our target customers there are two
types of customers. One is that customer who
needs this product for fulfillment of their basic
needs of their life. And other category is that
who have to satisfy their basic need of life and
also luxury need in it
Competitor analysis
International Competitors
•In the international market we will face the big names as
competitors from Japan, America, Malaysia and India are
some big names in fan manufacturing countries.
Indirect Industry Competitors
•As every company has their competitors so we will
definitely face the forces of competitors.
•Some big competitors are:
•Pak Fans
•GFC Fans
•Millat Fans
•Royal Fans
•Younas Fans
Indirect Competitors
major indirect competitors are:
•UPS
•Generator
•Solar panel
Competitor analysis
Competitor Analysis
Local assembled
fan market
China Import fan market
There are two types of fan market in Pakistan are:
1.Local assembled fan market.
2. China Import fan market
Market and Submarket
• In submarket our feature is based on
Rechargeable fan. Our fan will be built on a
quality material that will improve the
performance and efficiency of fans in terms of
comfort and dependability. It is particularly
appealing for users which are facing the
problem of load shading.
Strategic Uncertainties
Some challenges which we observe to
require overcome are given below as:
•Entrant of new fan company in market.
•Irregular power supply
•Threat of launching new designs of fans.
•Superior supply chain and networks of
sales force of other competitors.
•Market strategies require changing
according to changing conditions.
•Non availability of skilled labors
•Weak R & D
Scenario Analysis
• Our product will exist in SAFE box because of
low uncertainty and low impact.
Future and Expansion
of the product
• In next 5 year our company will shifts it
technology from ceiling fans to other types of
fans, energy savers, tube lights and other
electronic appliance as well.
• Our company is also focusing on charging
the battery on solar energy. So it will be more
efficient and effective and its dependency on
electric supply will get minimum. If this
product will get success, new markets of fan
will emerge and hence that market will not
only limited to provide fans only all electronic
household product will be available on this
technology.
BCG MATRIX
• The BCG analysis actually helps you in deciding which
entities in your business portfolio are actually profitable,
which are duds, which you should concentrate on and
which gives you a competitive advantage over others.
• W are hoping in the next five year people will surely want
to purchase this type of fans due to coming of summer
season. So we are assuming people are more comfortable
to spend money on this product. After some time we will
be able to grab specific amount of market share in fan
industry so we can gain cash cow (Products in low growth
markets with high market share) for chargeable ceiling fan.
Marketing & Promotion
• As we are in the Introduction phase, our
objective is to create our product awareness
through Informative Advertising.
• Use of Print Media, Radio Advertisement, TV
Commercial, Social Media etc
• Social Networking:
– Creating a community of Facebook
– Creating a fan page on Facebook
– Creating an active account where regular tweets
on product and their updates will ensure
interactivity
– Followers will be encouraged to tweet their
suggestions on our products
Environmental Analyses
Environmental analysis is a strategic tool. It is
a process to identify all the external and internal
elements, which can affect the organization's
performance. Some elements are given below:
•International Competitors
•Cultural
•Political
•Economic
•Domestic Competitor
•Technological
International Competitors
• In the international market we will
face the big names as competitors
from Japan, America, Malaysia
and India are some big names in
fan manufacturing countries
Cultural
• Living standards of people are
different with respect to areas of
Karachi city.
• Income Level
Political
• Tax laws
• Un stability of Government
• Political influences
• Government priorities
Economic
• Increasing GDP
• Higher Income level, hence more
purchasing power
• Easy availability of loans from
bank
• High Custom duties
• Energy Crises
• Inflation
Technological
• Advancement of new technology
• Research and development
Breeze fan..product innovation

Breeze fan..product innovation

  • 1.
    BREEZE CHARGEABLE CEILING FAN PRESENTEDBY ABUZAR RASHEED (7198) TALHA AHMED (9558) ALI RIAZ FARAUQI (8561) MUHAMMAD ZEESHAN (7093) SHOAIB AHMED (7442)
  • 2.
    OUR PRODUCT • Theproduct which is been launched in the market is name as “BREEZE CHARGEABLE CEILING FANS “ • This Fan is designed to work even in the load shading. It consists of built in battery which gives the back up of up to 4 hours. Unlike other, this fan doesn’t use regulator but uses remote control system to control the power.
  • 3.
    Features of theProduct • Chargeable Fans • Remote Control Technology • Temperature Reader • Red LED Charging indicator • Green LED Operating indicator • Better Quality Products • Latest Technology
  • 4.
    Price • As anew comer our pricing strategy is to introduce our products in the market at lower prices so as to create huge demand in the market and then compete with other competitors.
  • 5.
    Pricing Policy The ChargeableCeiling Fan’s pricing objective is to set a price that is affordable to our target customers, compels them to buy our product and stay loyal to it. Category A •Price Starting from Rs: 4,500 (Simple Chargeable Fan) and Ends on Rs: 6,000 (Advanced) Category B •Price Starting from Rs: 6,000 (With Lights, Remote Control Technology and Advancements) and End on Rs: 8000 (Full Advanced Fans with High Quality Design)
  • 6.
    Pricing Strategy Our productwill be lie on penetration strategy with high quality & low price  For introducing new product  Price low to capture market share  Expect to make profit in volume
  • 8.
    Vision • To berecognized as a leading organization that values customers’ needs and provides smart solutions with strong customer care
  • 10.
    Mission • To becapable to deliver the range and quality ofTo be capable to deliver the range and quality of chargeable fans which the customer demands,chargeable fans which the customer demands, which can only be fulfilled by the modernwhich can only be fulfilled by the modern technology which will have the scale andtechnology which will have the scale and worldwide presence to do so competitivelyworldwide presence to do so competitively
  • 11.
    MARKET SEGMENTATION • Marketsegmentation is the process in marketing of dividing a market into distinct subsets (segments) that behave in the same way or have similar needs • Variables Used for Segmentation 1) Geographic variables 2) Demographic variables 3) Psychographic variables 4) Behavioural variables
  • 12.
    Geographic variables • Geographic-People living in Karachi Demographic variables • Age – all age group • Gender – not applicable • Family size - matter • Education – not applicable • Income – low, middle & hi end consumer • Occupation – student, working and housewives • Nationality/race – not applicable • Language – not applicable
  • 14.
    SWOT ANALYSIS Strength •Innovative Idea •ChargeableFans •Remote Control Technology •Excellent quality fan products •Temperature reader •Beautiful Design •Latest Technology •Reasonable cost •Capacity of Production •Small capital required for upgrading production plant
  • 15.
    SWOT ANALYSIS Weakness •Easily replicatedmodels •Demand is seasonal •Financial Resources •Limited budget for starting manufacturing of other things •Tax Structure •High Price as compare to local fans •Limited experience of new employees of the company
  • 16.
    SWOT ANALYSIS Opportunities •Expansion throughStrategic Alliances •Diversifying into other electrical products •Focus on Technology Intensive Products •Increase in demand with increase in population •Export Opportunity
  • 17.
    SWOT ANALYSIS Threats •Threat ofnew strong competitors. •Threat of change in Government Trade Policies •International competitors •Threat of unstable law and order situation •Price variability in raw materials and components •Cheap import from China •High import custom duties •External business risks •Technological shifts •Shortage of energy •Increase in prices of raw material
  • 18.
    Target market• Thetarget market of our product is almost all the classes of customers which include lower class, middle class, the upper middle class & the higher class and especially our customers which are living in those areas of Karachi where there is scheduled load shading of more than four hours. Positioning Attributes Pakistan First Efficient Chargeable Ceiling Fan • breeze Fan • Innovative Product • At an affordable prices • Good quality and unique product • Technology oriented • Provide exceptional product that leaves an impression with our core customers.
  • 19.
    CUSTOMER ANALYSIS If welook at our target customers there are two types of customers. One is that customer who needs this product for fulfillment of their basic needs of their life. And other category is that who have to satisfy their basic need of life and also luxury need in it
  • 20.
    Competitor analysis International Competitors •Inthe international market we will face the big names as competitors from Japan, America, Malaysia and India are some big names in fan manufacturing countries. Indirect Industry Competitors •As every company has their competitors so we will definitely face the forces of competitors. •Some big competitors are: •Pak Fans •GFC Fans •Millat Fans •Royal Fans •Younas Fans
  • 21.
    Indirect Competitors major indirectcompetitors are: •UPS •Generator •Solar panel
  • 22.
    Competitor analysis Competitor Analysis Localassembled fan market China Import fan market There are two types of fan market in Pakistan are: 1.Local assembled fan market. 2. China Import fan market
  • 23.
    Market and Submarket •In submarket our feature is based on Rechargeable fan. Our fan will be built on a quality material that will improve the performance and efficiency of fans in terms of comfort and dependability. It is particularly appealing for users which are facing the problem of load shading.
  • 24.
    Strategic Uncertainties Some challengeswhich we observe to require overcome are given below as: •Entrant of new fan company in market. •Irregular power supply •Threat of launching new designs of fans. •Superior supply chain and networks of sales force of other competitors. •Market strategies require changing according to changing conditions. •Non availability of skilled labors •Weak R & D
  • 25.
    Scenario Analysis • Ourproduct will exist in SAFE box because of low uncertainty and low impact.
  • 26.
    Future and Expansion ofthe product • In next 5 year our company will shifts it technology from ceiling fans to other types of fans, energy savers, tube lights and other electronic appliance as well. • Our company is also focusing on charging the battery on solar energy. So it will be more efficient and effective and its dependency on electric supply will get minimum. If this product will get success, new markets of fan will emerge and hence that market will not only limited to provide fans only all electronic household product will be available on this technology.
  • 27.
    BCG MATRIX • TheBCG analysis actually helps you in deciding which entities in your business portfolio are actually profitable, which are duds, which you should concentrate on and which gives you a competitive advantage over others. • W are hoping in the next five year people will surely want to purchase this type of fans due to coming of summer season. So we are assuming people are more comfortable to spend money on this product. After some time we will be able to grab specific amount of market share in fan industry so we can gain cash cow (Products in low growth markets with high market share) for chargeable ceiling fan.
  • 28.
    Marketing & Promotion •As we are in the Introduction phase, our objective is to create our product awareness through Informative Advertising. • Use of Print Media, Radio Advertisement, TV Commercial, Social Media etc • Social Networking: – Creating a community of Facebook – Creating a fan page on Facebook – Creating an active account where regular tweets on product and their updates will ensure interactivity – Followers will be encouraged to tweet their suggestions on our products
  • 29.
    Environmental Analyses Environmental analysisis a strategic tool. It is a process to identify all the external and internal elements, which can affect the organization's performance. Some elements are given below: •International Competitors •Cultural •Political •Economic •Domestic Competitor •Technological
  • 30.
    International Competitors • Inthe international market we will face the big names as competitors from Japan, America, Malaysia and India are some big names in fan manufacturing countries
  • 31.
    Cultural • Living standardsof people are different with respect to areas of Karachi city. • Income Level
  • 32.
    Political • Tax laws •Un stability of Government • Political influences • Government priorities
  • 33.
    Economic • Increasing GDP •Higher Income level, hence more purchasing power • Easy availability of loans from bank • High Custom duties • Energy Crises • Inflation
  • 34.
    Technological • Advancement ofnew technology • Research and development