ptcl 3g evo tab - marketing plan

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  • 7/27/2019 PTCL 3G EVO Tab - Marketing Plan

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    Marketing Plan

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    GroupM

    embers Muhammad Iqrash Awan (Group Leader)

    Talha Abdul Rauf

    Zammad Ahmad

    Madiha Khan

    Rabia Sajjad

    Shazia Nawaz

    2

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    Content

    Introduction & Context External Environment

    Internal Environment

    Suggested Strategies

    Objectives

    Production Strategies

    Marketing Mix

    Conclusion

    3

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    Introduction Context PTCL released first 3G Tablet PC

    The tablet did not catch much

    A need to go back to the drawing board Objective To develop an improved marketing plan based on the lessons learnt from

    previous plan

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    External Environment

    Section I

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    Category

    Analysis

    Market Analysis Current size of the tablet PC market in Pakistan is US $1.9 billion

    Expected to grow at a rate of10.7%

    Global tablet PC market is expected to grow at 35% Broadband subscription in Pakistan grew by 48% during year 2011-12

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    Tablet PC market in growthstage in Pakistan

    Growing internet andtechnology adoption

    Opportunities

    Threats

    Market is highly saturated

    Ultrabooks and Phabletsmight wipe out the needfor tablet PCs

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    Category

    Analysis

    Economic Environment Growth of Pakistans economy picked up slightly in the year 2012 (3.7% from

    3.0%)

    Private consumption grew at 11.6%

    Investment during the year 2012 declined from 13.1% to 12.5%.

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    Average Consumer willingto make more purchases

    Barriers to entry forCompetitors

    Opportunities

    Threats

    Decreased disposableincome of individual buyer.

    Pakistan mightremain an unattractivemarket.

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    Category

    Analysis

    Socio-cultural Environment Diverse culture and a multifaceted social class structure.

    Consumer behavior differs markedly across income and social class segments.

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    Growing middle classmarket segment.

    Greater profit margins indiverse environment.

    Opportunities

    Threats

    Complication in marketingactivities.

    Middle class loosingpurchasing power.

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    Category

    Analysis

    Technological Environment Consumer electronic goods market is vastly growing, technology driven, and

    highly competitive.

    A company must constantly innovate if it is to survive in the longer run.

    Tablet PC market taken to a whole new level.

    9

    Fairly attractive tablet PCmarket.

    Customized products forniche market segments.

    Opportunities

    Threats

    High development pace ofcompetitors.

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    Category

    Analysis

    Category Attractiveness Tablet PC market seems attractive in terms of opportunity and growth potential

    Innovation driven companies can stand out of the noise

    Caution: High consumer expectations means Constant innovation

    Small product development cycles

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    Competito

    rAnalysis

    Saturation of Tablet PC market means more competition and morecompetitors

    Competitor are selected on the basis of

    Similar offerings

    Similar price band

    Some important competitors: Xpod Tornado

    TouchMate UTab 785

    Intex Avatar 2

    Ainol Novo 10 Hero II

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    Competito

    rAnalysis

    Xpod Tornado Major Features

    Price: PKR 19,800

    Dual Core 1.5GHz, 1 GB RAM, 8 GB Storage

    Camera: Front 2.0 M, Back 2.0M

    1 year Warranty

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    Comes with a lot ofaccessories

    1 year warranty

    Strengths

    Weaknesses

    Average display quality

    Average camera

    Bad battery timing

    Badly positioned

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    Competito

    rAnalysis

    TouchMate UTab 785 Major Features

    Price: PKR 14,900

    1.2GHz Cortex A8, 4GB RAM, 4GB storage

    Camera: VGA

    1 year Warranty

    13

    Value for money

    1 year warranty

    Strengths

    Weaknesses

    Poor Camera Quality

    Bad battery timing

    Small Internal Storage

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    Competito

    rAnalysis

    Intex Avatar 2 Major Features

    Price: PKR 12,900

    1.6GHz Cortex A9 Dual-core CPU

    Quad-core GPU, 1GB DDR3 RAM

    4GB Storage

    Camera: Front 2M, back 2M

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    Longer Battery Timing

    Lightweight

    Good Processor

    Strengths

    Weaknesses

    Smaller Internal Storage

    No Warranty

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    Competito

    rAnalysis

    Ainol Novo 10 Hero II Major Features

    Price: PKR 18,500

    Dual Core 1.5GHz, 1GB CDDR3 RAM

    16GB Storage

    Front 0.3M, Back 2.0M

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    High Resolution Display

    Large Storage

    Longer Battery Timing

    Strengths

    Weaknesses

    Poor Camera Quality

    No Warranty

    No accessories provided

    with the product

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    Internal Environment

    Section II

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    PKR 156 billi th f t

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    Company

    Analysis

    PKR 156 billion worth of assets

    PKR 47 billion of current assets

    PKR 85 billion of property, plant, and equipment

    PKR 21 billion invested in long term investments Human resource of about 50,000

    Brand equity and Brand recognition

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    Financial soundness

    Government backing

    Availability of investment

    capital

    Strength

    s

    Weaknesses

    No in-house facility tomanufacture tablet PCs

    Slow product developmentcycle

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    C

    ompetitive

    Advantag

    e

    Products/Services at affordable costs

    Product/Services Diversification

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    Cu

    rrentMarketingStrate

    gy

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    Analysis of current marketing mix

    Target Market

    Low to medium income groups Both business and individual users

    Marketing Mix Product

    Outdated hardware and operating system Low battery timing and display quality

    Promotion A successful promotional campaign on Eid

    Placement No problems with distribution

    Price Overly priced

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    OtherP

    roducts Broadband DSL Wireline

    EVO 3G Wireless Broadband

    Voice

    Landline

    Vfone

    Carrier & Wholesale Services

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    Proposed Strategies

    Section III

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    CustomerSe

    gmentation

    Segmentation based on

    Income

    Age

    Simmons Technology Adoption Segmentation System

    Wizards

    Journeymen

    Apprentices

    Novices

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    CustomerSe

    gmentation

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    Middle income group

    Age group 19 to 29, 30 to 50 Journeymen: Technology is part of their life, yet its not a

    priority

    Apprentices: Experimenting with technology

    Primary Target Market

    Age group 13 to 18

    Higher income group Journeymen Higher income group Apprentices

    Secondary Target Market

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    Objectives

    Financial Achieve a first year turnover of at least 200,000 tablets.

    Achieve a gross profit margin of about 17 percent in second year of operations.

    Marketing Double brand awareness within the targeted and potential segments in two

    years.

    Increase re-subscription of the built-in internet connection by 35% in next twoyears.

    Release a new tablet in the next 2 years tailored to the changing consumerdemands.

    Production Build in-house tablet PC manufacturing capability in the next 3 years.

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    Production The production of the EVO Tablet will be outsourced to

    Qualcomm

    In-house development seems risky

    Lack of expertise and experience No justification yet, for capital investment

    Product will be branded under PTCL 3G eVo Tab

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    Market

    ingMix

    Product Pricing Placement Promotion

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    Product Design

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    M

    arketingMix:Product

    Product Design Consumer preferences were determined through an online survey.

    Group discussion with professional engineers, business managers, and Students.

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    Priority Feature Score

    1 Battery timing 6.6

    2 Display quality 6.4

    3 Built-in internet connection 6.2

    4 Product warranty 6.0

    5 Larger storage capacity 6.0

    6 Camera quality 5.9

    7 After sales services 5.8

    8 Large Screen Size 5.4

    9 Color choice 5.2

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    M

    arketingMix:Produ

    ct

    Product Unique Selling Points

    Built-in 3G internet connection

    Personal Wi-Fi hotspot

    After sale service and support

    Other Benefits Long battery timings

    Good display quality

    Larger Storage

    Multiple Color Choices

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    M

    arketingMix:Produ

    ct Product Specification Size: 8 inch

    Dual Core 1.5GHz, 1 GB RAM, 4 GB Internal Storage

    Camera: 2 Megapixel front, 5 Megapixel rear auto-focus

    OS: Android 4.2 JellyBean

    EVO 3G wireless broadband

    Battery: Li-Ion, 5000mAH, 3.7V

    24 hours Music Playback

    Up to 10 hours Video Playback

    Up to 150 hours Standby Time

    Warranty: 1 year

    Colors: Black, White, Grey, Pink, Blue, Red

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    3G EVO Tab

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    M

    arketingMix:Produ

    ct

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    Marketing

    Mix:Pricin

    g

    Pricing Objective: To maintain a competitive price in the market, coverall costs, and make a margin.

    Competitor based pricing methodology

    Average price of all competitor products: PKR 16,000

    Price: PKR 18,000

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    M

    arketingM

    ix:Placeme

    nt

    Distributors

    Muller & Phipps

    Agents PTCL One Stop Shop

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    M

    arketingM

    ix:Promotion Advertising Television

    Out-of-home

    Magazines

    Newspapers

    Radio

    Internet

    Public Relations Event Sponsorship

    Press Releases/Premieres

    Sales Promotion

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    M

    arketingM

    ix:Promotion

    Television 30 seconds TV ad

    Youth-oriented TV channels: Aag, The Musik, Oxygen

    Sport TV channels: Geo Super, Ten Sports, PTV Sports

    Development of TVC will be outsourced to Orient Advertising Agency

    Percentage Budget Allocation (annual): 35%, PKR 175,000,000

    Out-of-home Bill boards, Posters, etc.

    Percentage Budget Allocation (annual): 3%, PKR 15,000,000

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    Sample

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    M

    arketingM

    ix:Promotion

    35

    p

    Sample

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    M

    arketingM

    ix:Promotion

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    Sample

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    M

    arketingM

    ix:Promotion

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    Sample

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    M

    arketingM

    ix:Promotion

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    M

    arketingM

    ix:Promoti

    on

    Magazines Regular reading magazine of our customer

    Examples: as Spider, TechnoBiz, Aurora etc.

    Percentage Budget Allocation (annual): 4%, PKR 20,000,000

    Newspapers Printed newspaper ads

    Percentage Budget Allocation (annual): 10%, PKR 50,000,000

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    M

    arketingM

    ix:Promoti

    on

    Radio Broadcasting of promotional offers

    Popular youth oriented programs

    Percentage Budget Allocation (annual): 3%, PKR 15,000,000

    Internet Facebook advertisement

    Google AdSense

    Percentage Budget Allocation (annual): 15%, PKR 75,000,000

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    M

    arketingM

    ix:Promoti

    on

    Public Relations Event Sponsorships

    Events relevant to the target market

    University Olympiads, business competitions, etc.

    Press Releases Create Awareness

    Percentage Budget Allocation (annual): 5%, PKR 25,000,000

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    M

    arketingM

    ix:Promotion

    Sales Promotion 3, 6, and 12 month internet plans

    Contest Sponsorship

    Event sponsorship and giving away 3G EVO Tabs as prize

    Special Occasion Discount

    Eid, Ramadan, and New year etc.

    Percentage Budget Allocation (annual): 25%, PKR 125,000,000

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    Conc

    lusion

    Major shortcomings of previous plan were determined

    Improvements were suggested

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    Thank you for you timequestions and queries are welcomed

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