thomas bozeman jonathan petrovich patricia lamothe iz tomorrow’s technology in today’s cars may...

17
Thomas Bozeman Jonathan Petrovich Patricia Lamothe iZ Tomorrow’s Technology in Today’s Cars May 7 th 2013

Upload: stephen-obrien

Post on 17-Jan-2016

213 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Thomas Bozeman Jonathan Petrovich Patricia Lamothe iZ Tomorrow’s Technology in Today’s Cars May 7 th 2013

Thomas Bozeman Jonathan Petrovich Patricia Lamothe

iZTomorrow’s Technology in

Today’s Cars

May 7th 2013

Page 2: Thomas Bozeman Jonathan Petrovich Patricia Lamothe iZ Tomorrow’s Technology in Today’s Cars May 7 th 2013

Agenda

• Opportunity– The Product– Competition– Market Needs– Market Segments– Market Objectives– Value Proposition

• Product Positioning• Marketing Mix• Financial Plan • Conclusion• Q & A

Page 3: Thomas Bozeman Jonathan Petrovich Patricia Lamothe iZ Tomorrow’s Technology in Today’s Cars May 7 th 2013

Opportunity: The 20/20 HUD

• Several heads-up displays (HUD) for cars in the market today

• HUD features: navigation, speed, fuel status, audio information, and the ability to auto-adjust to the brightness of the environment

Page 4: Thomas Bozeman Jonathan Petrovich Patricia Lamothe iZ Tomorrow’s Technology in Today’s Cars May 7 th 2013

Opportunity: Competition

Direct Competitors

• ADD• SEI

Indirect Competitors

• Audi• Mercedes• BMW

Page 5: Thomas Bozeman Jonathan Petrovich Patricia Lamothe iZ Tomorrow’s Technology in Today’s Cars May 7 th 2013

Opportunity: Market Needs

• Same HUD capabilities that luxury brands offer

• This gap would make our product, 20/20, the only one within this segmented area

• A digital HUD system is not required by law to have in a car

• New technology trends because many people love to buy the latest and greatest thing, and to stay current with the market

• Security is important today due to increased accidents on the roads

Page 6: Thomas Bozeman Jonathan Petrovich Patricia Lamothe iZ Tomorrow’s Technology in Today’s Cars May 7 th 2013

Opportunity: Market Segments

• Bohemian mix : - Ranging from students to professionals- Early adopters of new technologies

• Fast-track families : - 35 to 54 years old- Want the best for their children - Have disposable income

• Up-and-Comers : - Younger, unmarried individuals with active

lifestyles - Into the latest technology and have a

moderate income

Page 7: Thomas Bozeman Jonathan Petrovich Patricia Lamothe iZ Tomorrow’s Technology in Today’s Cars May 7 th 2013

Opportunity: Marketing Objectives

Page 8: Thomas Bozeman Jonathan Petrovich Patricia Lamothe iZ Tomorrow’s Technology in Today’s Cars May 7 th 2013

Opportunity: Value Proposition

• Luxury

• Safety

Page 9: Thomas Bozeman Jonathan Petrovich Patricia Lamothe iZ Tomorrow’s Technology in Today’s Cars May 7 th 2013

Product Positioning

Page 10: Thomas Bozeman Jonathan Petrovich Patricia Lamothe iZ Tomorrow’s Technology in Today’s Cars May 7 th 2013

Marketing Mix: Distribution M

anuf

actu

rers LCD Screen

Circuit Board & ElectronicsHousing

iZ In

c. Creation of HUDDistribution to Retailers Co

nsum

er Final Destination

Page 11: Thomas Bozeman Jonathan Petrovich Patricia Lamothe iZ Tomorrow’s Technology in Today’s Cars May 7 th 2013

Marketing Mix : Pricing • The iZ 20/20

HUD will be priced at $200

• Profit margin will be approximately $50

• The survey showed that 30% of respondents were willing to spend $150-$200 on enhancing their car

Page 12: Thomas Bozeman Jonathan Petrovich Patricia Lamothe iZ Tomorrow’s Technology in Today’s Cars May 7 th 2013

Marketing Mix: Marketing Communications

Print and Direct Marketing

• Magazines such as Motor Trend, Road & Track, and Car & Driver

• Send press cars, with the 20/20 installed, to auto-journalists for weeklong trial periods

• Informational booths at Best Buy and AutoZone

Online Marketing• Banner advertisements

on high-traffic automotive websites such as jalopnik.com and autoblog.com

• Fully functioning website

Page 13: Thomas Bozeman Jonathan Petrovich Patricia Lamothe iZ Tomorrow’s Technology in Today’s Cars May 7 th 2013

Marketing Mix : Advertising

Chief Marketing Officer

Online Marketing/Social

Media: Website traffic, banner ads

Print Marketing: Magazine

advertisements

Business-to-Business Marketing:

Demonstrate to car fleet managers the

benefits of HUD

Page 14: Thomas Bozeman Jonathan Petrovich Patricia Lamothe iZ Tomorrow’s Technology in Today’s Cars May 7 th 2013

Financial Plan : Revenue

The break-even point is expected to be reached by the first quarter of the second year

Page 15: Thomas Bozeman Jonathan Petrovich Patricia Lamothe iZ Tomorrow’s Technology in Today’s Cars May 7 th 2013

Financial Plan : Expense

Break even point: 309 units per quarter

Page 16: Thomas Bozeman Jonathan Petrovich Patricia Lamothe iZ Tomorrow’s Technology in Today’s Cars May 7 th 2013

Conclusion

• Redefine the market• Offer a level of unmatched quality• Improve drivers’ safety• Profit projected to begin Q1 year 2

Page 17: Thomas Bozeman Jonathan Petrovich Patricia Lamothe iZ Tomorrow’s Technology in Today’s Cars May 7 th 2013

Questions?