The document proposes a new type of lighter that runs on batteries instead of gas. It would be produced and sold by a new company called F.I.R.E Lighters. The lighters aim to save customers money by being rechargeable and avoiding the need to constantly purchase new lighters. A market analysis found the primary customers would be smokers aged 18 and older in Southeast Asia. The document outlines F.I.R.E Lighters' competitors and proposes marketing strategies like competitive pricing and endorsements to promote the new product. It also provides a financial plan to obtain startup capital and projects profit over the first three years.
As a part of our Assignment, we made this Ad. A hypothetical company, that deals in Biodegradable Packaging Material.
Credit goes to the team- Asra Ibrahim, Masoom Zehra, Dania Raza and Salaria Zaheer
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3. Our Product
• We will be producing a new gen of lighters
• These lighters do not run on gas
• They run on batteries instead producing heat
4.
5. F.I.R.E LIGHTERS
• LOCATION : THE CURVE OFFICE DEPARTMENT
• REASON FOR LOCATION : CUT COST ON RENTAL ex. DISTRIBUTERS
SELLING OUR PRODUCTS
• THIS IDEA WAS INSPIRED BY DELL
6. REASONS
• AT PRESENT DAY THERE ARE A LOT OF SMOKERS
• GRADUALLY THE NUMBER OF SMOKERS WOULD INCREASE
8. Who are our CUSTOMERS
• our customers will be based mostly smokers
• People who enjoy smoking mostly from ages 18 and above
• People who don’t like to constantly buy lighters
9. Customer background
• Our customers will approximately have an income of RM500 per
month and above
• Our customers will range from students to almost every single job
• Their geographic location will based in South East Asia
• Smokers frequently complain about their cigarettes tasting like
gasoline thus we improve our lighter to remove this taste
10. COMPETITORS
• CRICKET – SIMPLE, CHEAP AND NOT INTERESTING
• ZIPPO – OVERPRICED AND DURABLE
• BIC LIGHTERS – BAD QUALITY, CHEAP
• CLIPPER – CHEAP AND NOT DRUABLE
12. PRODUCT BENEFITS
• WE INVENTED THIS LIGHTER TO HELP SAVE MONEY (WOULDN’T HAVE
TO KEEP BUYING LIGHTERS)
• THE LIGHTER IS ECO-FRIENDLY
• RECHARGABLE AND RECYCLABLE
13. PRODUCT BENEFITS
• F.I.R.E Lighter gives customers durable
• Affordable
• Easy to light
• Rechargeable
• Convenient to carry around
15. Pricing and Advertising
• Our product will be priced from RM25
• The lighter endorsed by other companies (ex. famous local bands,
local artist, advertisement board, internet)
17. F.I.R.E Lighters
• Our company is a sole trader
BOSS
Manufacture Human Resources Market
Raw Material
Distribution
Transportation
Employee
IT
Advertisement
19. FINANCIAL PLAN
How to get the
money
Loan from a Bank
Make a deal with
existing
Manufacturing
Company
Capital Needed
RM 5,000,000
Profit for 3 years : 15 M
/ 417.000 each month
2 Million for
salary : 56.000
each month
7.5 (include
Interest) for Bank
5.5 Million Clean Profit