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Magic Box
Magic Box
PRODUCT own production unit and cast. Through which we can bring out our
own magic show. This will also create some job opportunities.
SOURCING
STRATEGY We will buy some of our products from third party creators and use
our own labeling. This will reduce operating costs and we can create
more marketable products in a short period of time.
Along with our own contents, we will publish 3rd party contents. So
we can create a variety among the contents. People will have more
options to choose from. In this way, peoples delectation sources will
never end.
PRICING STRATEGY of MB
Competitive Setting a price based on what other competitors are charging. To attract new
customers, we should charge less from what the competitors are charging. But at the
Pricing same time the pricing will generate profit.
Value-based Setting a price based on how much the customer believes what we are selling is worth.
In this way consumers will fell that we are giving attention to their needs.
Pricing
Penetration Setting a low price to enter a competitive market and raising it later. This help the brand
pricing to grow and expand.
Matching Pricing according to the targeted consumer base. It is important to realize that pricing
is meant for the consumer not the producer. Pricing will attract some consumer and
Targeted Market turn off some. So pricing according to consumer base is important.
REFERRAL
4 key USPs of Magic Box
The factor or consideration presented by a seller as the reason that one product or
service is different from and better than that of the competition.
As the users of this service are
" Magic Box" has more hyper
Students, Jobholders and Mass
localized strategy and is focused on
Customer People, the matter of Income Based
Convenient mass-market consumers and offers a
has been thought with more
number of flexible payment options. Based importance.
Payment Like-
Pricing Specially for students, the facilities
System • B-kash/Nagad
of Free Educational Sector Use are
• Debit/Credit card
there.