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Targeting and Segmentation: Product Description
Targeting and Segmentation: Product Description
cities)
Product Description
The complete product offering includes a lighting system composed of an LED lamp, solar panels,
battery and charge controller. The lamp operates on electricity from batteries, charged through the
use of solar photovoltaic panel.
Residential
Households
Smart Homes
(Leverage the Smart
city Initiative)
Commercial
Factories and offices
Public Infrastructure
Hotels
Malls
Substitute
As per report Lighting Asia: Solar Off-Grid Lighting, World Bank Group, the average payback period
for a solar lantern is 2 years.
Challenges
Distribution Model
We sell our products to the distributors, who in turn sell them to dealers. The distributors are usually of
3 types consumer durables, electrical goods and exclusive dealers of products based on solar energy in
addition to E-Commerce.
Advantages
Tried and tested Model
Potential for High Market Penetration
Challenges
Inadequate and underdeveloped number of distributors with a nationwide reach
Ensuring after-sales service through various distributors and dealers
Concept selling is a challenge
Promotion
Given the low levels of awareness and some misconceptions about the products usage in areas
which receive low to medium levels of direct sunlight, it becomes imperative to invest in
education of customer, promotion and marketing.
Use of SOCIAL MARKETING: Social marketing seeks to influence social behaviors not to benefit
the marketer, but to benefit the target audience and the general society. Given the products
profile, Social marketing can prove to be the most apt for it.
Marketing Medium
Pamphlets
Point of sale banners
Recommendations by sellers
Overall aggressive push strategy
Collaborations
Partnerships with NGOs
Collaboration with consumer
financing institutions so as to
facilitate payments in EMIs