Professional Documents
Culture Documents
Group no
02
Marketing objective
Air
conditioner market in
Bangladesh within Five years.
Be a market leader in
environmentally better AC
and
getting them to market faster at
lower cost.
Financial objective
To achieve break even at the
first year
To achieve 25% sales growth in
subsequent years and to achieve at
least 30% mark up
Market analysis
Threat
of entry
Bargaini
ng power
of
suppliers
Intensity
of rivalry
Threat of
substitute
Bargainin
g power of
buyers
Bargaini
ng
power of
supplier
s
No backward
linkage is developed
locally
Raw materials are
mostly imported
Depended on
foreign
technological
support
Low influence over
Suppliers
Bargaini
ng power
of
Buyers
Distributed through
Own outlet
Dealers and agents
Local electronics
retailers showroom
Final customers have
lots of option as
reputed brands are
offering high tech
products
Medium influence
over buyers
Threat
of
entry
Need high
technological support
and expertise to set
industry
High capital
requirement and fixed
cost
High sunk cost
Threat
of
substit
ute
Substitute product of AC
may be cooling fan ,
ventilator fan but those
can not serve as
required. So no close
substitution for AC is
available
Intensity
among
competit
ors
Competition is very
acute in market
Intern
al
Extern
al
Low price
variety of
features
After sales
service
Brand awareness
Dependency on
Imported raw
materials
Inadequate
Research and
development
Low differentiation
Increasing demand
Cost-efficient
technology
Government
support
Tight competition
Customers
perception
Continuous change
in technology
Market segments
Income and occupation
Geographical
High income
corporate
customers
Middle income
and SME
Lower middle
income
Lower income
Target market
Higher
class
custom
ers
Segmented
marketing
Economic class
customers
Target market
Higher class
customers
Economi
c class
custome
rs
Concentrated
or niche
marketing
Positioning strategy
Sophisticated
AC
Offering an
environment friendly
AC with sophisticated
tech innovation like
Eco- navigation and
HD filter
good sleep and anti
bacteria coating tech.
turbo cooling and
anti-humidification
tech.
More For The Same
Economic AC
Offering a low cost,
energy efficient user
friendly AC with
durability and
reliability
Low watt
Triple weather
protected tech
comfort air flow and
efficient tech.
Same For The Less
Pricing strategy
Sophisticated
AC
Economic AC
Same
For The Less
Adopting
More For
The Same strategy
Adopting
strategy
Price range may be
45,000 to 50,000 tk.
Distribution channel
Own outlet
Dealer and
agents
Ecommerce
Local
electronics
suppliers
Produ
ct
Place
Target
market
ACs market
Higher
income and
economic
class
Middle and
lower
middle
income
Higher class
corporate class
Middle income
SME
Lower middle
income
Low income
Price
Objecti
ve
Be
Market
leader in
ACs market
Promoti
on
Advertisement
Commercial advertisement video