heaven's brauty

21
Heavens Beauty Marketing of a Selfie App

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Page 1: Heaven's brauty

Heavens Beauty

Marketing of a Selfie App

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Marketing Goals

• Attain revenue target of Rs 3L in 1st year• Registration of 30,000 users for app• 5% share of selfie app market• A double digit growth rate for further years

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Planned Actions

• Acquire fundraisers and sponsors• Advertisement on famous apps• Make a website for App and start a blog related to

it and start getting subscriber and spreadinformation

• Advertisement on social media to create a hype• Launch freemium app• Paid advertisement in app to increase revenue

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Company overview

• Company is new in market• Market is already flooded with selfie apps• Company need to create a good brand image

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Target Market

• Both Male and Female• Age 20 to 40• Income minimum 10 LPA• Teenage children of people with minimum income

15 LPA• Social media addict(Fb, Instagram)• Both Android and Ios users

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0Competitors

• Market is flooded with selfie apps• Main competitors are Retrica, BeautyPlus,

CandyCam, which enjoys 60% share of market

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Benchmarks

• Market Share: 5%(for 1st year)• Customer satisfaction level: 90%• By end of 1st year, reduce average customer

acquisition expense to 40%

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Points of parity(PoP)

• Best selfie experience• Instant editing• Selfie timer• Instant sharing of images on social media• Addition of stickers• Silent camera (no click sound)

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Points of difference(Pod)

• Advanced filters• Editing of image by professionals (Paid version)• An online interaction platform for users to share

experience and suggestions• Live auto-retouch(Paid version)

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Product

• Instant editing of images by Heavens beauty selfieCamera

• High level optimization• Advanced clearing(Pimples, blackhead, darkeyes)• Social interaction platform• Best selfie awards(Monthly basis)

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Promotion

• Promotion on official website and blogs• Advertisements on social networking sites and

famous apps• Advertisement on play stores(google and amazon)• 70% off on premium version for 1st 100 registered

users• Make videos and collages and share on YouTube• Get endorsed by upcoming models at reasonable

price

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Place

• Launch on Google play store and Amazon playstore

• Links of stores should be on famous beauty relatedwebsites and apps for at least 2 months

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Price

• This will be launched as a freemium app• For premium benefit, price to be paid: Rs.500• Offers on sharing referrals code• Discount for long term registrations• Trial version for 2 weeks: Rs.300

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SWOT Analysis

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Strength

• High class app, light app, low priced features• Excellent customer support• Excellent professionals for editing pictures

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Weakness

• Less popular(new product)• No brand image• Lack of initial revenues• Costly app developer (full time developers)

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Opportunities

• Beauty centric peoples(celebrities, models, etc)need fast and best edited pictures for posting onsocial media

• Large market• Demand for innovative products like this, in our

target market

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Threat

• A lots of competitors• 24 hours support is required• Poor brand image• Many companies do same work through websites

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This presentation is made by SnehaSwapnil during an internship underProf Sameer Mathur

Disclaimer