Watch assistant презентация

STAGE 1. Product review.

Слайд 1WATCH ASSISTANT


Developed by:
Murzakhmet Tomiris
Tumysheva Malika
Bakhtiyarov Arman
Akbarov Olzhas
Arslanbek Timur
Omirzak Aidyn








Developed by:
Murzakhmet Tomiris





Слайд 2STAGE 1. Product review.


Слайд 3PRODUCT OVERVIEW
Device for blind and deaf people with the following functions:



Basic functions: watches and alarm (by sound, vibrating, Braille)

GPS navigator (principle of 2GIS)

Warning sensors for hazard or obstruction thanks to laser sensors.


Слайд 4Stage 2. Product.


Слайд 5PRODUCT OVERVIEW
Sound and laser sensors could translate words of people into

text (for deaf people) and also scan information from any printed material (price lists in the store, for example) into sound translated through Braille (for both deaf and blind) and sounds (for blind).
Modern and attractive design of the product.
Bluetooth headsets or Braille.

Слайд 6PRICING
For deafness people= 35 000 tenge;
For blinded people= 30 000 tenge;
Both

functions: 60 000 tenge.

Слайд 7PLACE
Special magazines for disabled people including internet magazines (SmartAids.ru, 7cvetik.ru, etc.);



Direct sales through educational, medical and other profit and non-profit orgs or deaf and blind people;

Web site.

Слайд 8COMPETITIVE ADVANTAGE
Bluetooth headset;
GPS navigator + Warning sensors for hazard or obstruction;
Laser

sensors could translate words of people into text (for deaf people) and also scan information from any printed material (price lists in the store, for example) into sound translated through Braille (for both deaf and blind) and sounds (for blind).
Modern attractive design of the product.

Слайд 9MISSION
Our company will look to manufacture inconspicuous and styles smart watches

for use by the deaf & hard of hearing communities, blind & hard of seeing communities, elderly & wider population, which will be suitable for 24 hour convenient use in private and public places, while providing value to both our customers and shareholders.

Слайд 10NEEDS
Value easy –to- use things which make them feel as normal

people;

Prefer not to stand out from the crowd, to be as everyone else.

Slogan: “No more embarrassment, be safe, be like everyone else”.

Слайд 11SEGMENTATION
· Kazakhstan, CIS countries


Слайд 12SWOT
S
W
O
T
· Design and innovation background;
·

GSP and danger alert functions;
· Suitable for both private and public places use;
· No additional accessories required;
· 24 hours alert assistance;
· Most competitively prices device in the market (for such an amount of functions);
· Easy of use by all generations;

· Lack an established brand name;
· No market share;
· Lack of business connections;
Lack of business negotiation experience.

· Ongoing disabled person rights preservice campaigns;
· Currents offerings not sufficient;
· Entering an unimaginative market place in terms of innovation and design;
· Expanding target market;
· Obtain design patents;
· Crowd funding;

· Rival products;
· More established brands;
· Cheaper alternatives may emerge;
Advance in medical technology.


Слайд 13POSITIONING
Positioning statement: “Within the category of products for blind and deaf

people, Watch Assistant positions itself as a irreplaceable device offering superior safety, total elimination of embarrassment from using devise and wide range of useful features”.

Figure 1. Perceptual map


Слайд 14TARGET MARKET
Target group 1: Deaf & hard of hearing communities, blind

& hard of seeing communities, elderly population;

Target group 2: 35% of products for deaf and blind were bought by their relatives, friends, and therapist.

Слайд 15Stage 3. Price.


Слайд 16Price strategy
Setting a high price for a new product to skim maximum revenues

layer by layer from the segments willing to pay the higher price; the firm makes fewer but more productive sales​;


We do not have location, time pricing

Слайд 17Stage 5. Promotion.


Слайд 18PROMOTION
Charity promotions;
Club program;
POS displays in the medical centers, offices of associations

and special shops / internet shops, schools for deaf and blind people;
Promotional theater in places of accumulation of blind and deaf people;
Events for our target audience (meetings and seminars with doctors from other countries and local specialists, etc.);
Contests;
Direct sales through therapists of deaf and blind people;
Google ad words and targeted advertising on social media.

Слайд 19Competitors. Review of the market.


Слайд 20COMPETITION
Low functionality
Unattractive design
Low functionality
Attractive design
High price
Low functionality
Unattractive design


Слайд 21 SMART AIDS
Low functionality (only for defining time)
Unattractive design
The cost

is approximately - 15 000kzt

Слайд 22THE BRADLEY TIMEPIECE
Cool design
Simplicity in use




Low functionality
Very high price – $325.00


Слайд 23The alarm clock can be equipped with the following functions::
Ability to

switch modes of alerting (only vibration, vibration and sound, sound and light, light and vibration);
Adjust the volume of the signal;
Connector for connection to telephone line;
But generally it has only one function - to alarm

Слайд 24PROJECTED SALES PER 1 YEAR
For deafness people= 35 000 tenge per

unit*155 000*3% (conversion rate) = 162 750 000 KZT;

For blinded people= 30 000 tenge per unit* 80 000*3% = 72 000 000 KZT;

Both functions = 60 000 tenge per unit * 10 000 * 3% = 18 000 000 KZT.

Marketing expenses are going to be 12-20% from the projected sales.


Слайд 25CONTINGENCY PLAN
Financial:
Optimization of costs;
Focus groups;
Analyzing and updating marketing strategy.
Operational:
Constant update

of projected production plan of the devices;
Long term contracts with suppliers and manufacturers;
Ability to pre-order the device.
Legal risks:
To patent our product;
To check out whether some technologies used in our product are not intellectual property of third parties;
To register and operate company according to the law of the Republic of Kazakhstan.

Слайд 26THANK YOU FOR YOUR ATTENTION!


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