Preview

Micro Fridge Case Study 55

Powerful Essays
Open Document
Open Document
1577 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Micro Fridge Case Study 55
Micro Fridge
Case Study

Prepared by Lamia Azab
27.11.2014
1

Index:Micro-Fridge Industry:Market Overview:
 Industry & Product
Situation Analysis: SWOT Analysis
 TOWS Matrix
4Cs of Marketing Strategy : Company
 Customers
 Competition
 Collaborators
4Ps of Marketing Strategy : Product
 Price
 Place
 Promotion
Marketing Plan: Vision and Mission
 Marketing Calendar
Sales Plan: Budget & Sales plan
Overall evaluation
Recommendations
2

About the product/industry:

Industry:
The Micro-Fridge is a product belong to the home appliance industry

Product:
A unique combination of refrigerator, freezer, & microwave unit, fulfilling all the 3 functions









Micro-Fridge with Safe Plug combination appliances were initially designed to solve electrical problems originating from the use of multiple in-room appliances. In addition with Safe Plug products have several other innovations that make them the leading combination appliance available today
The product is designed to be good solution for the electricity problem (saving cost)
The micro fridge can help the students during their studying hours to prepare a fast cooking / meals (saving time)
Very useful for The Home away from Home Institutional Living Situations Colleges
Military bases Motels/Hotels Motels/Hotels hospitals & restaurants
This product is not same as the ordinary home appliance products it is mainly for the commercial market places

3

SWOT Analysis…
STRENGTHS


WEEKNESSES

High demand of the product for the segment who are looking for easy life & safety use



Saving cost (3 functions in one product)



Small Space Solutions



Saving electricity cost



Practicality product easy for using



Lack of awareness of the product



Low retail Sales opportunities



Concentration on one product only
„‟Micro-Fridge‟‟

THREATS

OPPORTUNITIES


Positive growth trend of customers segment 

“Market Instability” due to customers rare category



New kind of product that could attract

You May Also Find These Documents Helpful

  • Good Essays

    It’s not only used for these practices though it can also be used for many modern day 21 century objects in your home as well such as the microwave oven, the television, antennas and transmitters and the satellite radio.…

    • 675 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The problem that our product intends to solve is keeping people’s food and beverages the temperature they want on the go. Hot food can go cold and cold food can get too hot, forcing people to quickly find a fridge or microwave to heat or warm up their foods. Even then, things can go wrong, such as food going bad such as mayonnaise, and ice cream melting to a liquid. The lunchboxes of today are pretty much exactly the same as they would have been 50 years ago, with no major advancements in a food carrying case which is so widespread for people to bring in food from home. Our product will change the game on how people carry their lunches, especially in the winter and summer months. Our battery powered composite heater and refrigeration system will allow people’s lunches to be conveniently heated or cooled. It will even make it possible to bring ice cream from home.…

    • 505 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Nvq Assignment

    • 428 Words
    • 2 Pages

    |OVEN CLEANER |a cool, dry, well ventilated space – if in a spray |and eye/face protection. Avoid contact with skin |regulations for disposal of hazardous waste and in |…

    • 428 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Claire is a teenager, growing up with a single, hardworking mother, whose job in the natal ward of the hospital keeps her away from home at irregular hours. As a way of keeping in touch, Claire and her mother leave notes for each other on the refrigerator door. Containing everything from shopping lists, requests for money, and reminders about looking after their pet rabbit Peter, to important events that are approaching (such as school tests and invitations from friends), the notes are one of the only forms of communication that the two have with one another. It isn’t until Claire’s mother finds a lump in her breast that she and Claire make more of an effort to spend time with one another. But even then, daily life gets in the way, especially when Claire meets her first love, and begins to mature as a young adult.…

    • 506 Words
    • 3 Pages
    Good Essays
  • Good Essays

    A fridge that scans all the items you have stored in it, gives you shopping reminders to buy things you’re running low on, and even gives you recipe ideas using ingredients you have on-hand. 7/10 *…

    • 1666 Words
    • 7 Pages
    Good Essays
  • Better Essays

    MABE Case Final

    • 2648 Words
    • 11 Pages

    expanding range of products to fridges and stoves in a wider business scope in Central…

    • 2648 Words
    • 11 Pages
    Better Essays
  • Good Essays

    The Gogo Fridge

    • 369 Words
    • 2 Pages

    Ever get tired of having your ice melt in your drink and leaving a bad taste in it all because you wanted it to be cold? Well now you can chill a beverage without altering the taste by using the GoGo Fridge. The GoGo Fridge is a convenient portable device that you can put in your drink to merely cool it down to a desired temperature.…

    • 369 Words
    • 2 Pages
    Good Essays
  • Good Essays

    The proposed refrigerator manufacturing and sales project for Tesca Works, Inc. is a financially complicated project which on the surface, given the increase in energy costs and customer demand may seem like a winning proposition. However, when we delve further into the details of the financial projections along with projections of the future of the refrigerator market we are able to make a confident recommendation to Mr. Burton and the executive staff at Tesca Works, Inc. Using the information provided by the Tesca team we were able to create a comprehensive capital budget and cash flow analysis for the proposed refrigerator project.…

    • 3279 Words
    • 11 Pages
    Good Essays
  • Good Essays

    Childcare Cache Level 3

    • 528 Words
    • 3 Pages

    |Food left uncovered |The storage need to be checked after lunch. to make sure the hygiene norms|…

    • 528 Words
    • 3 Pages
    Good Essays
  • Good Essays

    • Revenues with low overhead having to do with no cost associated with retail locations…

    • 879 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Many students push for an open campus lunch to enjoy with their friends. They would like to go eat at a fast food restaurant or even swing by home and say hello to mom or dad. But they have to stay at school and either not eat or eat the ever degrading school food. Starting open campus lunches gives many benefits such as an increase in student happiness, less money needing to be spent on food and electricity by the school, and even lunch running smooth with the decrease in student populous.…

    • 961 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    It is an offence to allow food to be kept at temperatures that would cause a risk to health, so you must make sure foods that need temperature control are kept at the…

    • 536 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Do not crowed refrigerators, that way food is kept at correct temperatures and not put into the temperature danger zone…

    • 1475 Words
    • 6 Pages
    Good Essays
  • Good Essays

    In order to aid students productivity, students should be allowed to eat lunch off-campus. If students are allowed to eat lunch off campus, they will be able to concentrate better during PLT and project time because students are not eating due to the fact that students choices of food are limited. Additionally, this would aid the local economy due to the fact that students are purchasing goods from the businesses in Daly City. If we do not develop good eating habits at this impressionable time in our lives, then we will lack these necessary skills for the future.One reason our school, Summit Shasta, needs to have off-campus school lunch is because students will focus better in class because eating food helps boost students’ metabolism.In 2017 the article Healthy Kids Eat Better, The Alliance for a Healthier Generation found that students should have access to healthy foods throughout the day for they can get proper nutrition in order to…

    • 1351 Words
    • 6 Pages
    Good Essays
  • Good Essays

    whirlpool case study

    • 3597 Words
    • 11 Pages

    1. International competition: International competition arises when a company from one country goes for manufacturing in other country. In US the appliance industry was highly competitive because of the domestic and foreign competition. The competitors were Korean, Japanese and European appliance industries. More over the appliance industries was so competitive that no single domestic manufacturer could keep an innovation to itself for more than a year without patent. So the big five-appliance company decide to merge with European companies to cope with the international competition as well as to enlarge existing facilities.…

    • 3597 Words
    • 11 Pages
    Good Essays

Related Topics