How to Leverage Behavioral Science Insights for Direct Mail Success
Fit mirrar..launch of a product
1. MARKETING PLAN OF
Health = Happiness
Effort by:
Akash Sharma
Rahul Singh
Sohil Kapadia
sumit Singh
vamsi krishna
vivek Kumar
2. Did you know?
According to WHO’s report in 2013, 40% of the world population
suffers from Hypertension.
According to World Health Statistics in 2013, 1 in every 3 Indian
adults above age 25 suffers from Hypertension.
3. Dr Ramakanta Panda in an interview with TOI.
"It has been increasing consistently since 1980.
Currently, estimates put the incidence of
hypertension from 20 to 40% in urban areas
and 12 to 17% in rural areas of India.”
Situation analysis
Dr. Ramakant Panda
VC & MD Asian Heart Institute
4. Hypertension is a silent disease and can cause resistance in the
arteries, leading to Heart Stroke.
5. VISION & MISSION
Vision:
Help Hypertension Patients keep a track of their Blood Pressure, helping
them keep it under control.
Mission:
To position Fit Mirar as the most reliable watch for fitness oriented
individuals.
6. DISPLAY
LED display
Sensor:-
Pressor Sensor
3 axis acc sensor
(activity
tracking)
Oscolemetric
Sensor
Material Of Band
Silicon
Embossing Band
• Improve wearing
sensation
• Anti-sweat.
Heart Beat Count
7. Product Description:
Steps, Calories, Distance
Clock
Silent Wake Alarm
Active Minutes
Continuous Heart Rate
Blood Pressure Checkup
Water Resistant
1 Year Manufacturer Warranty
*T&C
8. To Measure The Blood Pressure:-
Just Hold Your Wrist Along With Your Watch For 20 Sec
Then Your Blood Pressure Will Display On Watch.
Heart Beat Count Will Be Displayed On Watch.
9. FIT MIRRAR Solves:-
● Geared towards helping individuals reach fitness goals
through developing everyday activity.
o Helps the average person, not just only the marathoner
● The wristband primarily tracks sleep and steps each day.
● A user can track progress from any smartphone in an easy to
use and by connecting through bluetooth.
● You also get push notifications when you reach your goal.
13. Fit mirrar SWOT Analysis
Strengths
First Mover Advantage
Great Technology &
Value
Platform Openness
Weaknesses
Brand Awareness
Because of sporty look
corporate people and
all may not prefer.
14. Fit mirrar SWOT Analysis
Opportunities
Build Richer Data
Set/Tracking
Build Dietary Expertise
Data Monetization
Position as Leader in
Wellness
Threats
New Tech Start-up
Big company like Apple
have started working in
this segments.
17. Major Market Segmentation Of Fit Mirrar
Physically active people
Athletes
Hospitals & Clinics.
People want to manage weight
and Adopt a healthier lifestyle
22. Promotional Purpose:- To inform Potential Customers
Promotional Activates:-
Trade Shows & Electronic Gadgets Conversation.
Magazines
PR with famous Athletes.
T.V interviews & Commercials
YouTube
Google
23. Financial Figures
Estimated Budget for the production of 10,000 units of Fit Mirar :
Requirement per Unit Rs
Material 2,300
Labor 200
Fixed OH (10,00,000 / 10,000) 100
Variable OH 200
Selling Expenses (20,00,000 / 10,000) 200
Advertising Expenses (1,00,00,000/10,000) 1,000
Distribution Expenses 250
Total 4,250
Profit 749
MRP 4,999
24. BEP
PRICE = 4,999
Variable Cost(60%) =(3,000)
Contribution =1,999
Fixed Cost = 1,50,00,000
BEP = FC/ Contribution
BEP = 6253 units