my sense
Post on 04-Jul-2015
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mySense
Micro-
camera
Micro-
projector
ProductDesign
ProductFeatures
ProductPrice
$199 direct selling
$181 to retailers
Costs&Budget
80% via retailers
direct selling:20%
Costs&Budget
$- $100.00 $200.00 $300.00 $400.00 $500.00 $600.00
2012
2013
2014
Profit
Thousands
Ye
ar
BreakEven
$14.2 million
in sales
76,080
break-even
units
TargetSegment
Primary Target Market Secondary Target Market
North America Europe
25 to 34 age group 18 to 24 age group
35 to 44 age group
$70,000 USD $50,000 – 70,000 USD
Attitudes of simplicity and ease
of use
Attitude of time saving
SurveyResults
19%
10%
7%
3%6%
55%
Annual Household Income
Under $9999
$10000 to $29999
$30000 to $49999
$50000 to $59999
$60000 to $69999
Above $70000
SurveyResults
9%
50%22%
16%
0% 3%
Advertising Media
Billboards
Internet
Magazine
Television
Radio
Newspaper
ProductLifeCycle
0-6 months
_____________
_
Product
Awareness
Predicted sales
of 58,000 units
MarketingObjective
1 year – 3 years
_____________
_
Sustain market
share
From potential
entrants
3-5 years
_____________
_
Invest in R&D
Economies of
scale and lower
production costs
MarketingMix
Seminars and Demonstrations
MarketingMix
Social Media and Online Media
PortersFiveForces
Bargaining Power of Suppliers
Threat of Substitute Products
Threat of New
Entrants
Bargaining Power of
Costumers
Degree of Rivalry
OurAffiliates
OurEnvironment
Economic recovery &
growing smartphone
market
Political Tax
Incentives
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