START Q

CASE STUDY COMPETITION

BY:
N. VENKATESH

PROBLEM STATEMENT
GOALS
To become a top player in fan market with doubling profitability and maximum reach Strengthen the brand, distribution channels, sales network & building efficient after sales service Enter into the LED lighting business with efficient go to the market strategy

HYPOTHES IS

How big is the market size, Finding customer segments after analyzing requirements Brand loyalty, customer acquisition and retention Consumer awareness through BTL activities Revenue model to explore price structure
Largest and oldest brand of fan manufactures in India, Indias leading brands in Fans and lighting solutions (20% market share) Came with new innovative PSPO technology with more air every corner Vast organized and responsive after-sales network Orients green initiative of developing technology that conserves energy with PSPO and OLO Technology in Fans & CFLs respectively One of the largest retail networks in India with 80000 outlets

ORIENT ELECTRICAL S

INTRODUCTION
MARKET SEGMENTATION
Table/ Wall / Pedestal (TPW) Fans, 20% Exhaust fans, 10%

FAN MARKET IN INDIA

India is tropical country so fan's necessary The Indian market is estimated at 2.5 million fans per month and it is growing at 10% per annum Distribution is well developed with around 100000 selling points for fans Different variants available in Indian market are Ceiling Fans, Pedestal, Table, Wall, Multi utility, Exhaust fans

Ceiling Fans, 70%

THE MARKETING STRATEGY

PRODUCT WISE STRATEGY IN FAN CATEGORY
Launch high quality decorative fans with better designs in the premium segment. Launch high quality decorative and non-decorative but contemporary fans in the Economy Segment corresponding to the consumer needs of this segment. Launch basic products without any frills to meet the needs of sub-economy segment aimed at providing an up-gradation platform to the customer from the unorganized sector Launch a new range of TPW fans in the premium and economy segments

CEILING FANs

TPW FANs

Exhaust FANs

Launch a new range of Fresh air fans in the economy and sub-economy segments

PROMOTION STRATEGY

Television as the main media Important to create high aided and unaided brand recall related to the fans category in the minds of the consumer Target organized customer segment was mainly the metro, Class I and Class II markets

INCREASING BRAND VISIBILITY