The presentation summarizes a marketing plan for a new backpack company called Adventure Smart Backpack Company Ltd. The company aims to provide quality smart backpacks to students and professionals in Dhaka, Sylhet, and Chattogram. Key points include an overview of the company and products, target customers as students and young professionals, a pricing strategy using skimming pricing, and promotion strategies focusing on online advertising, sales promotions, and public relations. Distribution will be through an online direct sales model partnering with delivery services.
6. ABOUT OUR COMPANY
The name of our company is Adventure Smart Backpack Company Ltd.
It is going to launch its products in the market of Dhaka, Sylhet and Chattrogram
division.
Our slogan is “Make Your Life Smarter”
Our backpack are made of Cordura fabric, Nylon fabric, Foam, buckles, D-rings,
Zipper etc.
Our target customers are teenager, college and university student and adult person.
Primarily we are targeted to sell five types of backpack and have intention to increase
the types gradually.
7. MISSION AND VISION
Vision
To be the leading smart backpack
manufacturer company in Bangladesh.
Mission
We aim to provide solutions to satisfy our
customer’s need by providing them quality,
flexible yet affordable product delivered on
time.
8. OBJECTIVES
We want to build strong customer relationship
by providing quality product which match
with their needs.
After six month, we will collect our sales
review and satisfaction level of our customer.
We want to diversify our product line.
10. PRODUCT FEATURES
Wireless charger and built-in power bank.
Inside light.
Missing item reminder.
Open alert and remote anti-theft alarm.
Real time GPS tracking.
Back view camera.
12. TARGET CUSTOMER
Demographic Profile Of Our Target Customer
Gender: Male and female.
Age: Approximately 15-45 years old (college student to
service holder) .
Education: Any educational background from college
student to service holder.
Life Stage: Teenager, college and university student and
adult person.
Income: Primarily middle class to higher income class
people.
Occupation: Students, young service holder.
16. PRICING STRATEGY
To set price we have to consider demand as well as the cost of backpack. We have to
set-up skimming pricing.
Skimming Pricing
Skimming price is a product pricing strategy by which a firm charges the highest
initial price that customers will pay and lowers it over time. We follow above the
skimming pricing by providing warrants the premium, extra features etc.
Serial Number Name of Products Price
01 Adventure Smart Backpack 001 6600 BDT
02 Adventure Smart Backpack 002 6800 BDT
03 Adventure Smart Backpack 003 7000 BDT
04 Adventure Smart Backpack 004 8000 BDT
05 Adventure Smart Backpack 005 8800 BDT
17. POSITIONING
We will be able to create a distinctive place in the mind of
customers by the following ways-
We will sell quality backpack which provide multi-
functional benefit.
We will offer affordable product for our target
customers.
We will provide best designs for our product.
We will sell comfort to our customers.
Our positioning statements is “Make Your Life Smarter.”
19. DISTRIBUTION PLAN
We are operating an online based business for that reason we are focusing direct
distribution strategy. We will use ‘pathao’ delivery service to deliver our product.
Producer Consumer
23. PROMOTION STRATEGY
Online Advertising
Newspaper
Public Relation
Sales Promotion
Direct Marketing
Personal Selling
24. ONLINE MARKETING
STRATEGY
Keyword Strategy
Search Engine Optimization Strategy
On‐page SEO Off‐page SEO Technical SEO
Paid Online Advertising Strategy
Google Awards YouTube advertising Facebook advertising
LinkedIn advertising Programmatic advertising
Social Media Strategy
Choose the right channel Social listening
25. CONVERSION STRATEGY
Packaged Information Offers
Using A Planned Agenda
Increasing Sales Skills
Improve Our Phone Manner
Showing The Past Testimonials
Capture The Right Lead Information
27. JOINT VENTURE AND PARTNERSHIP
We are not interested to enter any joint-venture or partnership because, our
business is new and and we want to operate our business according to our own
preference and plan without any intervene if other company.
The terms and conditions of joint venture can arise complexity and
mismanagement.
That can badly impact on our business.
28. REFERRAL STRATEGY
Stop Calling Them "Referrals"
Phrase It As A Request For Help
Leverage Our Entire Network
Ask For One Introduction Per Day
Host Exclusive, Invitation
As a new company we provide offer for reference like the reference providing person
get 100 tk phone Recharge for every transaction and referenced person get 5% cashback
for every transaction.
30. STRATEGY FOR INCREASING
TRANSACTION PRICES
We will increase our product quality and price gradually and we will follow these
strategy:-
Up-sell
Adding More Features
31. RETENTION STRATEGY
Use Positive Social Proof
Use The Words They Love To Hear
Know Our Customers
Choose The Right Platform
To Give Customer Membership Card
Giving Solution Customer Problems Quickly