Marketing Management: Ifb Microwave Oven

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MARKETING

MANAGEMENT
IFB MICROWAVE OVEN
ABOUT THE
COMPANY
OUR STORY
STP FRAMEWORK

SEGMENTATION TARGETING
• Upper and Middle class • Health
• Newly married couples and • Premium
working couples • Restaurant/hospitality industry
• Foodies

POSITIONING
• Brand name
• Physical attributes
• Customer Services
Perceptual mapping

This is a premium product with


premium pricing.
Demand would be low as we are
targeting Upper middle and Upper
class.
The quality and customer support
would be the best in market.
We would provide 10 years warranty.
Product Differentiation Strategy
Product Differentiation Strategy
Marketing Mix 4Ps
• Offers premium products • Adopted premium pricing
having beautiful blend of system
performance and style • Trust on loyal customers
• Has special onus who would prefer quality
on qualitative and eco- over price.
friendly products.

Product Price

Promotion
• Realised the impact of a
Place
good and strong • Network in most parts of
marketing policy India as well as abroad
• Adopted multi-level • Robust distribution
marketing to promote its channel.
products

Marketing Mix
Free
Resources THANK YOU!

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