Scud Master Power point
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Transcript of Scud Master Power point
COMPANY | OBJECTIVE
Launch a new product offering to exploit
the untapped market potential
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Consolidate market leadership through
innovation and quality
Create strong consumer awareness Achieve considerable
market share
CUSTOMER | NEEDS
Short Distance Commute Minimum Energy Consumption Affordable Alternative Fast and Reliable Accessibility
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TARGET | MARKET
Geographic: National Launch / Possible Foreign Expansion
Demographic: 15-35 years old Psychographic: Popular culture Behavioral : Benefit sought,
Perceptual : Quality/Premium priceSeasonal (peak in summer)
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S.W.O.T ANALYSIS
STRENGTHS: Technologically Advanced Portable Light Weight Energy Efficient Relatively Cost Effective User–friendly No maintenance Suitable for second hand market
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S.W.O.T ANALYSIS
OPPORTUNITIES: Untapped market potential Current Industry trends (Go Green) Lifestyle Trends Favorable Government Policies Global Adaptability
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S.W.O.T ANALYSISTHREATS : Fluctuating seasonal demand Legislation Already established market Economic crunch leading to low
purchasing power Inability to obtain input material Bad press due to an accident related
issue.
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PRODUCT | DETAILS 3 Way Charging [Electric, Solar,
Electro-Magnetic ] 15 lbs Twin Custom Motors Compact Lithium –Ion Battery Max load 250 lbs Speed limit 20 mph
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Marketing Mix | Price Strategy
Price strategy should consider the following 3 aspects
Consumer demandConsumer demand
The product lifecycleThe product lifecycle
Potential substitutesPotential substitutes
Estimated Price Tag : $400 - $500Estimated Price Tag : $400 - $500
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Marketing Mix | Promotion Strategy
Objectives:
To initiate strong awareness about Alpha Motors Electric Bike throughout Generation Y consumers.
To win market shares over our top functional competitor.
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Marketing Mix | Promotion Strategy
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Target Market:Target Market: Generation Y only give partial attention
to media and typically use more than one media at a time.
Solution:Solution: Use a great variety of targeted
promotional tools.
Media selection: Media selection:
TelevisionRadio Magazines Internet Outdoors Personal Selling Public relations Publicity