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MARKETING PLAN

     Presented by Group # 5
             Shreya
          Deepti Sharma
        Saurabh srivastava
         Himanshu Yadav
          Sumit Agarwal
By
Dwight D. Eisenhower
BLACK CHERRY (BC2012)
RECHARGING RURAL
OUTLINES

Executive Summary
Analysis
SWOT Analysis
Objectives
Game Plan
Action Plan
Budget
Control
EXECUTIVE SUMMARY

• Black Cherry is a newly launched company in India.
• Our First Product is BC2012, a Solar Charging
  Mobile.
• It is a basic Multimedia functioning like
  GPRS, GSM, Text Messaging etc.
• The company has been founded by 6 entrepreneurs.
• Targeting specific segments in Consumer &
  Business Markets.
ANALYSIS
SITUATION ANALYSIS

Research shows that India has 150 million
mobile phone subscribers & 30 % of
population owns cell phones.
Worldwide Nokia is cell phone leader holding
45 % of global market & leader with 60%
market share.
This year we intend to launch BC2012 in
related markets.
MARKET ANALYSIS

Black cherry ‘s market consists of consumers
& business users who prefer to have a mobile
that work for long hours without repeated
need to recharge. Currently, the telecom
industry is among the strongest growth
industry in the capital market.
SWOT Analysis
Strengths-                   Weaknesses-
•Innovative Product          •Lack of brand awareness

•Value Pricing               •Heavier and thicker than
                             most common models

Opportunities-               Threats-
•Cost-efficient Technology   •Downward pricing
                             pressure
•Monopoly of technology
                             •Competition
OBJECTIVES
FINANCIAL OBJECTIVES

• Increase profit margin by 2% in a year
  through operating efficiencies.
• Will not decrease research & Development.
• Earn an average rate of return on Investment
  over the next 3 years.
• Create an Increase revenue.
MARKETING OBJECTIVES


• Generate Brand Equity.
• Expand the number of distribution outlets.
• Maintain positive, steady sales growth each
  quarter.
GAME PLAN
Target market


• Middle Income Group,
• Rural Sectors,
• Long Distance Traveler
Positioning

• Using Product differentiation, we are
  positioning the Black Cherry as the most
  versatile, convenient, value-added phone for
  personal use.
Product line

• The Black cherry BC2012, including all
  features described in the earlier part, will be
  sold with 18 months warranty.

• Two Classical Models(Metallic and Black) and
  Executive Model.
Pricing strategy

• The Black cherry BC2012 will be introduced
  at Rs. 3699 wholesalers/Rs. 4199 estimated
  retail price per unit.
• We are using penetrating strategy for
  classical as well as for executive model.
• We are using percieved value pricing method.
Distribution

• Distribution through Specialty Stores.
• Channel Partners.
• Detailed specification handouts.
Advertising strategy


             • Combines sight, sound, & motion; appealing to the
Electronic     senses; high attention & high reach.
  Media



             • High geographic & demographic selectivity; credibility
 Print
               & prestige; high quality reproduction; long life; good
 Media         pass-along readership.


             • Flexibility; high repeat exposure; low cost; low
Outdoor
               competition.
Sales promotion

•   Special Payment terms for retailers.
•   Store Displays.
•   Free Giveaways.
•   Banners at business functions.
•   Sporting Events.
ACTION PLAN
Dealer promotion program

• January 2012: Will participate in national
  trade show.
• March 2012: Organize sales contest and will
  award three day vacation at Goa.
Consumer promotion
             program
• April-may 2012: Special gift pack for bride and
  groom.
• August 2012: will offer free wireless headset.
• November 2012: Will offer 4 different kinds of
  back panel suiting to customer’s mood.
BUDGET
FINANCIAL
MARKETING
EXPENDITURE              FOR ONE YEAR

SALERIES                 10,00,000

ADVERTISING              30,00,000

SALES PROMOTION          19,50,000

TRADE FARE               19,50,000

GENERAL EXPENSES         3,00,000

TRAVEL                   12,00,000

MISCELLANEOUS            16,00,000

TOTAL SALES AND MARKET   1,10,00,000
EXPENDITURE
CONTROL

• This plan is about implementation, changing
  the business, and making it better. It is worth
  nothing if not implemented.
MILESTONES
THANK YOU

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Marketing plan

  • 1. MARKETING PLAN Presented by Group # 5 Shreya Deepti Sharma Saurabh srivastava Himanshu Yadav Sumit Agarwal
  • 5. EXECUTIVE SUMMARY • Black Cherry is a newly launched company in India. • Our First Product is BC2012, a Solar Charging Mobile. • It is a basic Multimedia functioning like GPRS, GSM, Text Messaging etc. • The company has been founded by 6 entrepreneurs. • Targeting specific segments in Consumer & Business Markets.
  • 7. SITUATION ANALYSIS Research shows that India has 150 million mobile phone subscribers & 30 % of population owns cell phones. Worldwide Nokia is cell phone leader holding 45 % of global market & leader with 60% market share. This year we intend to launch BC2012 in related markets.
  • 8. MARKET ANALYSIS Black cherry ‘s market consists of consumers & business users who prefer to have a mobile that work for long hours without repeated need to recharge. Currently, the telecom industry is among the strongest growth industry in the capital market.
  • 9. SWOT Analysis Strengths- Weaknesses- •Innovative Product •Lack of brand awareness •Value Pricing •Heavier and thicker than most common models Opportunities- Threats- •Cost-efficient Technology •Downward pricing pressure •Monopoly of technology •Competition
  • 11. FINANCIAL OBJECTIVES • Increase profit margin by 2% in a year through operating efficiencies. • Will not decrease research & Development. • Earn an average rate of return on Investment over the next 3 years. • Create an Increase revenue.
  • 12. MARKETING OBJECTIVES • Generate Brand Equity. • Expand the number of distribution outlets. • Maintain positive, steady sales growth each quarter.
  • 14. Target market • Middle Income Group, • Rural Sectors, • Long Distance Traveler
  • 15. Positioning • Using Product differentiation, we are positioning the Black Cherry as the most versatile, convenient, value-added phone for personal use.
  • 16. Product line • The Black cherry BC2012, including all features described in the earlier part, will be sold with 18 months warranty. • Two Classical Models(Metallic and Black) and Executive Model.
  • 17. Pricing strategy • The Black cherry BC2012 will be introduced at Rs. 3699 wholesalers/Rs. 4199 estimated retail price per unit. • We are using penetrating strategy for classical as well as for executive model. • We are using percieved value pricing method.
  • 18. Distribution • Distribution through Specialty Stores. • Channel Partners. • Detailed specification handouts.
  • 19. Advertising strategy • Combines sight, sound, & motion; appealing to the Electronic senses; high attention & high reach. Media • High geographic & demographic selectivity; credibility Print & prestige; high quality reproduction; long life; good Media pass-along readership. • Flexibility; high repeat exposure; low cost; low Outdoor competition.
  • 20. Sales promotion • Special Payment terms for retailers. • Store Displays. • Free Giveaways. • Banners at business functions. • Sporting Events.
  • 22. Dealer promotion program • January 2012: Will participate in national trade show. • March 2012: Organize sales contest and will award three day vacation at Goa.
  • 23. Consumer promotion program • April-may 2012: Special gift pack for bride and groom. • August 2012: will offer free wireless headset. • November 2012: Will offer 4 different kinds of back panel suiting to customer’s mood.
  • 26. MARKETING EXPENDITURE FOR ONE YEAR SALERIES 10,00,000 ADVERTISING 30,00,000 SALES PROMOTION 19,50,000 TRADE FARE 19,50,000 GENERAL EXPENSES 3,00,000 TRAVEL 12,00,000 MISCELLANEOUS 16,00,000 TOTAL SALES AND MARKET 1,10,00,000 EXPENDITURE
  • 27. CONTROL • This plan is about implementation, changing the business, and making it better. It is worth nothing if not implemented.