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SALESFORCE MANAGEMENT Abbasali Mookhy 820-363-380Athmika Subbiah 820-363-315Deep Mohan Singh 820-354-942Hemanshree Malik 820- 322- 140Satyajeet Mangudkar 820- 246 - 957Siddharth Sethi 820- 318- 376
Introduction to Smart-Furniture • http://www.youtube.com/watch?v=0wmpEobdDRs&feature=youtu.be
Product - Smart-Furniture • Foldable furniture • Easy maintenance • Convenient • Occupies less space • http://www.youtube.com/watch?v=kXBUqde8m9c
Target market • Country : India Mainly Metropolitan cities Mumbai, Delhi, Bangalore & Chennai • High income group population to be targeted residing in condominiums
SWOT analysis • Strengths Exclusive to India Easy maintenance Large population to target Customized segment Limited competition
SWOT analysis • Weaknesses Unfamiliar product/concept Huge initial investment
SWOT analysis • Opportunities Growing economy First mover advantage Huge market to cater Low cost of production Expansion to other cities in future
SWOT analysis • Threats New entrance of substitutes
Sales process • Assembling plant : Mumbai • One showroom each in the four metropolitan cities • Contact high end interior designers and architects • Standardized furniture as well as customized furniture as per the customers needs
Advertising plan • Magazines • Television • Billboards in major cities • Point of purchase display • Collaboration with architects and developers
Budget • Based on estimated 1.2 Million apartments and condos in 4 metro cities • Targeting 10% of population which is approx 120,000 • Apartment with average sales of $2000 in each Apartment.
Success factor • Innovative • Need for the product in the market • Response and increasing demands from the customers • Collaborations with well established and high end architects