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Psychographic Profile:
Health and Fitness Conscious
Needs:
To maintain suitable weight with respect to Body Mass Index in order to stay healthy
and fit. For this purpose the people who belong to this profile need to be physically
and mentally fit.
Beliefs:
running,
jogging,
exercise
Attitudes:
Values:
Using a viable solution that is safe, affordable and convenient and effective to
maintain health and fitness lifestyle.
Emotions:
Feels satisfied when decides to select a way that supports the maintenance of
personal health and fitness and as well as of family, friends or society in
general.
Psychographic Depiction:
Target Market:
Positioning Strategy:
Positioning Statement:
Your health and fitness Companion.
We will position our product as health and fitness companion in the minds of
the minds of target market through effective advertisement campaign that will
highlight its benefits. We want to position our product as a need based solution
having at an affordable price that justifies the benefits provided by the product.
Marketing Strategy:
Product:
KM).
It has reverse countdown mode which will enable the runners and joggers
to set a specific time for running and they can complete a mile within the
Price:
For our product, we have used psychological pricing and have set the price
Rs. 499 that is neither too low nor too high. It is basically to attract people
towards the product by focusing on core features and benefits provided by the
product.
Place:
Promotion:
Advertisement Strategy:
We will launch a TVC advertisement that will target our target consumer, in the
advertisement the positing statement Your health and fitness companion will be
highlighted to position the product in the minds of the potential consumers with
all the benefits of product explain and how it will help them to main health and
fitness.
Radio advertisement will include voice advertisements same as TVC.
Pamphlet/ Flyers will be distributed door to door and in sports shops, medical
stores, racing/ jogging tracks. The same pamphlet and flyers content will be used
for advertising on social media such as Facebook and Twitter.