Professional Documents
Culture Documents
Team Members
Omaer Ahmad ZR-09 Kawsar Ahmad ZR-50 Rafaat Wasik Ahmed ZR-53 Nasim Ul Haque ZR-54 Sadek Jake Alam ZR-55 Rashed Al Ahmed Tarique ZR-61
Inconvenient Truth
Around 250 to 500 liters of methane gas produced every day. More than 18 percent of the global emission of methane gas. 60 percent through burping and 40 percent from flatulence. 15 to 22 percent of the total energy from consumption is wasted.
Inconvenient Truth
Feed Management
Most cows are still fed with crop residues and cereal byproducts
Growth of Cattles
chemical treatment of straw
Current Antibiotics
Monensin
Expensive for the poorer farmers. Ingredients not available.
Mootral
Still in its development stage. High probability of side-effects.
Inbound Logistics
Operations
Outbound Logistics
Service
Objectives
Marketing Objectives: Maintain a positive, strong growth each quarter. Achieve a steady increase in market awareness. Maintain a high rate of retention. Financial Objectives: Increase the profit margin each year by 1-2% by increasing efficiency and economies of scale. Achieve a double to triple digit growth rate each year.
Mission
We intend to attract customers by making them educated about the benefits of CowShar, and maintain them over the long run by making them realize the higher revenue and lower cost in dairy farming on using CowShar.
Competition
New-to-market product. Potential Competitor: Monensin
However, not possible to be produced locally and is too expensive.
CowShar
Threat of substitute products Threat of new entrants
Competitive Strategies
Capturing the largest potential market Expanding the total market Position defense Preemptive defense
Segmentation
Multistage segmenting
Segment market geographically Segment market through purpose of cattle herding
1. 2. 3. 4. Micro-producers (1 or 2 cattle) Personal consumption Meat-production Medium to large farms (more than 10 heads of cattle)
Targeting
Most lucrative segment
Positioning
Pioneer in the cattle feed additives market Source for cattle feed cost reduction Improve cattle health
Marketing Strategy
Objective : Create a market for cattle feed addtives Advantages of using our product Media: TV agriculture-based programs TVCs Events Displays
Marketing Mix
Product 50 kg packets of feed supplement Price Tk.600 per 50 kg Place Cattle feed retailers Promotion Outlined above
Market Research
Studies conducted by
Agricultural University Bangladesh Bangladesh Bureau of Statistics
Test Marketing in randomly sampled market Research on new international markets Carbon credit market
Finance
Priced at Tk. 600/ 50 kg sack Profit Margin of Tk. 95.08 Profit of Tk. 166,592,362 in the first year Achieves breakeven in the first year
Takeaways
Cheap innovative product with multiple benefits. Target Customers: Middle-Large Dairy Enterprises Potential for growth Achieves breakeven in the first year
Takeaways
With new research suggesting that methane emission by livestock is higher than previously estimated, scientists are furiously working at designing diets to help bovines and other ruminants eat better, stay more energetic and secrete smaller amounts of the offensive gas.