Monday, December 23, 2019

Wala Lang - 5130 Words

Special class A special class is a class consisting of students with disabilities who have been grouped together because of similar individual needs so that they can receive specially designed instruction. In special classes, the content, methodology, or delivery of instruction is adapted to ensure the student has access to the general curriculum and the opportunity to meet the educational standards that apply to all students. Special Class Services serve students with disabilities whose needs cannot be met within a general education class, even with the use of supplementary aids and services. Supplementary aids and services are aids, services and other supports that are provided in the general education classroom so that a student with a†¦show more content†¦2. Other students in the classroom might set inappropriate examples for your son to follow. 3. Your son will be segregated from the general-education students. Since the move is not going to happen until next year, you should visit the self-contained classroom now to see how well your son will fit into the program. Then, you should address any concerns that you have with his teachers. Q: My son is currently mainstreamed in a regular classroom. Next year, the school plans to put him in a self-contained classroom. I really like his being able to mix with children who are not in the special-education program this year. Can you please explain the advantages and disadvantages of putting him in a self-contained classroom? - Mom A: A self-contained classroom is the instructional setting for special-education students who have substantial disabilities and for whom placement in a less-restrictive setting (the regular classroom) has not been appropriate. Some of the advantages for your son of being in a self-contained classroom next year are: 1. The classroom will be structured to minimize distraction and increase individual attention. 2. Your son will get to know one teacher and will not have to relate to other teachers and move to several different classrooms. 3. His academic skills might improve because he will be in small groups or even be offered the opportunity for individual instruction. The disadvantages of self-contained classrooms are: 1.Show MoreRelatedUtos Ng Hari1267 Words   |  6 PagesTess sa Chapel. Sa loob loob nya, wala naman silang ginagawang masama dahil nagsumpaan lamang sila doon. Na sermonan din sya tungkol sa ipinakita nya sa klase ni Mrs. Moral Character. Walang katuturan ang mga sinasabi nya. Ang sabi pa nito, bakit hindi nalang sya makigaya sa mga taga West.   Ang aking reaksyon dito, tama lang naman na pagsabihan siya ni Mrs. Moral Character. Ngunit mahirap makigaya sa mga taga west na hindi naman nakasanayang gawin. Tama lang din na pagsabihan siya nito na maliRead MoreSa Kabilang Lupalop Ng Mahiwagang Kaharian Ni Thomas David F. Chavez1105 Words   |  5 PagesSaudi. 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Tong, anak, ang iyong ama ay may karamdaman, wika ng reyna. HindiRead MoreSa Kabilang Lupalop Ng Mahiwagang Kaharian Ni Thomas David F. Chavez1092 Words   |  5 PagesSaudi. Ang mga tao sa modernong panahon ay naghahangad ng magandang kinabukasan sa pamamagitan ng pangingibang bansa. Hindi katulad noon na sapat na ang kinikita sa sariling bansa, mas gugustuhin pa ng mga Filipinong malayo sa kanilang pamilya para lang magkaroon ng magandang buhay. Sina Teresing, Mother Lily at Manong Berting ay mga tauhang maaaring kumatawan sa mayoridad ng Filipinong gustong mag-abroad. Pinanatili nila ang kulturang Filipino na pagiging malapit sa kapwa kahit pa sila’y nasa ibangRead MoreShes Dating the Gangster149221 Words   |  597 Pages I totally do not like him. He s not my type. There s one way to describe him.. he definitely looks like a.... GANGSTER!   Gusto mo siya? EW. Hinde naman gusto, gusto. Hello!! Tingnan mo nga yung ibang tao dito! Walang gwapo! Outstanding lang talaga yung istura niya. I know. Coz he looks like a ghetto. Haaay. Palibasa mga gusto mo mga pretty boy! Yung mga type mo, yung tipong hindi ko ma-ipagtatanggol sa mga masasamang tao! Here we go again. She s nagging me again about   Read MoreLiterature of Region 72551 Words   |  11 Pagesanimo’y pilantik ng pasol sa mayamang pamana sa maputing dibdib mo. Kay ganda ng pagkalatag ng dalawang biyoos ,nakausli sa may umaga sana’y makatitiyad ako sa ibabaw ng aking balikhaw! O anong sarap sumigaw ng mahinahon! Habang lumilingon-lingon ka Kung wala bang kasalo sa iyong  pagpapabaya, Naglagitgitan ang mga dahon, Itinulak ng lunti ang mga laya at nakisalamuha sa lupa;   pababa ng pababa ang patadyong kumalat ang iyong kariktan, ‘kinalong ka ng mga alon inakay ka ng batis ng liwanag at lilim hinangadRead MoreKung Mangarap Ka Ng Matagal2667 Words   |  11 Pagesito ang kapitbahay nating si Kwang Meng † at saka bumaling sa kasunod na nagsasabing , â€Å"Palagay ko’y magkakilala na kayo ni Anne, pinsan ni Me-I.† Binati ni Kwang Men gang kabiyak ni Boon Tiek. Maraming beses niya itong nakita noon. Mukhang wala pa itong dalawangpu, may maliit na pangangatawan at nakasalaming gaya ni Anne. Talagang namamana pala iyon ng pamilya, naiisipniya na natutuwa. Nagulat siyang naroon si Anne. â€Å"Iiwan muna naming kayong mga lalaki, â€Å"humihingi ng pumanhin si Me-IRead MoreRetention Policy in College of Accountancy2965 Words   |  12 Pagesngaun kapag sinasabi niyang un ate niya ay graduate na ng accountancy. 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Sunday, December 15, 2019

Marketing Plan for New Product Launch Free Essays

string(97) " market coverage Large range of flavors High availability Price: Minimum price of juice is 20 R\." {draw:g} {draw:frame} SUPERIOR UNIVERSITY LAHORE Project Name: Marketing Plan for new product launch Presented To: Sir Kashif* *Mahmood Group Name : The Stallionz Leader Name Id: Imran Shoukat MBP Members Name Id: Muhammad Arslan Dilawar MBP Abuzer Shabbir MBP Hassan Raza Muhammad Kashif Munir Company N*ame:* The Glimmers Limited. Company Logo: {draw:frame} Product Name: {draw:frame} * * * *Contents of Marketing Plan Part 1: Executive Summary Part 2: Purpose and Mission Part 3: Situational Analysis Product, Market Analysis Distribution Analysis Competitor Analysis Financial Analysis Other Analysis Part 4: Strategy and Objectives text:list-item} {text:list-item} Part 5: Tactical Programs {text:list-item} {text:list-item} {text:list-item} {text:list-item} {text:list-item} {text:list-item} Part 6: Budgets, Performance Analysis, Implementation Budgeting and Analysis Implementation Part 7: Additional Considerations Executive Summary This report explains the marketing plan for launching a fresh Juice named â€Å"Refresh†. This product has been made by the Glimmers Limited. We will write a custom essay sample on Marketing Plan for New Product Launch or any similar topic only for you Order Now And it is approved from the Ministry of health. In the very beginning of the report we have explained the mission and vision of the Glimmers and then we have further carried out our. It will be introduced in the market with the help of various promotional displays, advertisement and distribution of free samples to the general public and financial institution. This report examines that this product is initially launching in Lahore’s domestic market. The study included both primary and secondary research. The primary study focused on a survey of the competitors and the likings and disliking of people. Through this strategy company can penetrate more into the market and can attract the bulk of customers. For this purpose we have conducted SWOT analysis of the company to see the company’s strengths, weaknesses, opportunities and threats. Then we have explained the purposes, benefits and objectives of our product. Then we have made a marketing mix strategy for our product. We have divided market into different segments and decided to target the kids, youngster mature and old age person. We have also paid special attention to the packaging, color and price of the product. We have decided to place the product in all the markets of Punjab especially in the canteens of colleges and universities. We will promote our product through electronic media, print media, cable, and outdoor sources. We shall also conducted a market survey in future to know the opinion of public about our product and developed our product accordingly. Introduction to the Glimmers Limited Company’s Vision Statement: â€Å"Be the global leader in customer value†. Company’s Mission Statement: â€Å"To set world class standards in the Juice industry through providing a diverse range of high quality Juice products that are prepared in accordance with Islamic principles striving to satisfy consumers tastes and needs and serving the Society† The Glimmer’s Business in Lahore The Glimmers will commence its operation in Lahore from October 2010. The factory facility has been founded on a 20 canal area of land in the Industrial area, Ferozepur Road Lahore. The factory is expected to match the demand of our products. We have ensured the installation of modern, sophisticated and efficient equipment, conforming to the very latest standards of â€Å"Goods Manufacturing Practices†. Introduction to Refresh People started too perished under the scorching heat of summer in our country. They need an energy drink to refresh themselves. Refresh is a fresh juice product. It provides energy and keeps people fresh when they are felt weak or tired from doing a lot of work. It contains vitamins and proteins which is a useful energy source. Vitamins give freshness and proteins are the energy cells that recharge the human body so that they work at their maximum. The students, employees and workers become tired due to the work burden and sunlight which make them feel loose. They need an energy drink that makes them re-energize so they may be able to perform better again and feel refresh. * Slogan*: â€Å"The taste u desire† Ingredients are: {text:list-item} Objectives: To increase 25% market share {text:list-item} {text:list-item} {text:list-item} {text:list-item} Current Market Situation Refresh is a fresh juice product that is going to introduce in the Lahore domestic market. We are focusing to all levels of generation. The kids, youths, mature and olds and overall families The prices of the refresh are moderate, because it is for everyone in the society. Market Demographics: The customer of the Refresh consists of following: Geographic’s: The refresh geographic target area is currently Lahore. We are supplying our product to all area of the Lahore. We have further divided the areas of Lahore into 4 zones. A zone includes Gulberg, M. M Alam road, Defence B zone includes upper Mall, Wahdat road, model town C zone includes lower mall, Allama Iqbal Town, Sabzazar Scheme D zone includes Multan road , Sakeem mor, Allama Iqbal town {draw:frame} b. Demographics: There is an almost equal ratio between male and female and also kids. We are focusing: Kids Youngsters Mature Old age persons Our Competitors The Refresh is currently facing a very competitive environment. Because the competitors of the Refresh are:- Shezan Country Nestle Sunfresh Benz Product Review: The Refresh is available in 250ml size and available in different Flavors like: Mango Apple Pineapple Orange Mix-fruit Competitive Review â€Å"Refresh† Competitors: The competitors of â€Å"Refresh† juice are more than 10. NESTLE SHEZAN is leading market right now and other companies are far away from it. NESTLE SHEZAN has loyal customers over the years because it is very old company and customers are aware of its merits demerits. The company’s first purpose is to compete NESTLE and other juices which have large market share. The main competitors are {draw:frame} {draw:frame} {draw:frame} Product: Shezan juice is a product by Shezan International Ltd. Qualities of Shezan: High availability Large range of flavors Standardized and attractive packing Large promotion and market coverage Available in Various weights packing. Price: Minimum price of juice is 12 R. s Place: Shezan has a large market share in Pakistan. Sales: Promotion: They promote this product through Electronic media Print Media FM Radio stations Wall Chalking {draw:frame} {draw:frame} Product: Nestle beverages is a product by Nestle International. Qualities of Nestle: Large promotion and market coverage Large range of flavors High availability Price: Minimum price of juice is 20 R. s Promotion: They promote this product through a. Electronic media b. Print Media c. FM Radio stations Place: Nestle has a large market share in Pakistan. All calculations based on non-rounded figures Strategy: Creating shared value global forum Good pricing Better Quality By offering different flavors Intensive distribution Attractive packing SWOT Analysis of Glimmers {draw:frame} Strengths: Updated technology plant Quality product Specialists available for specialized jobs and tasks Hire experienced staff Medical insurance of employees Pakistani made Targeted to low and middle class people. Reasonable price Expiry date above 6 months Weakness New in juice industry Small distribution network Strong competitor No market share Limited experience of customers Opportunities Increase the distribution network. Acquiring the newer technology techniques. Market is very big attractive. Take-over of the distributor Increased demand of high quality products due to Lahore being a developed city. Threats Political instability New entrance from the exiting competitors So many competitors Retaining consumers Economic instability. Increases of general sales tax Development of plant Marketing Strategy and Objectives The market strategy is based on positioning of the product in the mind of consumers. Providing high quality Juice to the customers. We will distribute our product on mass level so that we can maximize the profitability. Positioning Strategies: We want to put an image of our product in the consumers mind as compare to competitor’s product. We want to target the high school, college and graduate students and government sectors that have to work hard and need to â€Å"Refresh† them in an instant. *2. * Segmentation: * We made the market segmentation on the following basis: Density Age Gender Income Family size Family life cycle Occupation Education Social classes Life style 3. Targeting: We will target the following customers: Kids Youngsters Mature Old age persons Marketing Mix: Product Price Promotion Place Product Strategy: Develop the long-term relationship with the customers Give val ues to the customers to delighting them Do whatever it takes not to satisfy the customers but retain our customers In order to accomplish this objective, the company has established sales, marketing and support teams. Product variety: Our product would be available in the following flavors:- Mango Apple Orange Grapes Mix-fruit Brand name: The name which we have chosen for our product is *â€Å"Refresh*† {draw:frame} Quality: High quality assurance would be our first priority. This would be ensured by: Implementing high quality standards Total quality management Acquisition of the high quality raw materials Design: â€Å"Refresh† is a sweet, refreshing Juice with an eye catching Tetra hedral pack. *Features*: Here are of the some features of our product: Fresh original fruit juice Provides proteins and minerals Provides vitamins Beneficial for kidneys Excellent in taste Gives freshness Tetra Pack protection packing Packaging: Product units are packed in 6-layered Tetra Pack Brick Aseptic. Sizes: Our product is available in 250 ml pack. Pricing Strategies: Our pricing strategies for the product are for total cost, which include custom services and other expenses. Pricing strategy usually change as the product passes through its life cycle. The price should be set at moderate level in order to attract a large number of buyers and to gain large market share. Amounts are in Pak Rupees. The total per unit price for 250ml packs that we will offer as follows: The cost of fruits Rs. 3 Electricity Rs. 2 Factory Overhead Rs. 3 Miscellaneous Rs. 2 Retailer Margin Rs. 2 Profit Rs. 3 Total Price Rs. 15 In accordance to our strategy we have decided to offer the product to customers at the price of Rs. 15. The price is very much compatible and the offer is substantial enough to attract a large percentage of market in a very quick time. Price and Quality Grid: This grid shows what pricing strategy a firm is perusing:- {draw:rect} {draw:custom-shape} According to this grid we are offering high quality at low price. So we are following penetration strategy. Communication Strategies: Promotion: Actually the promotion is a first step when we are launching a new product, but we make its strategies in last. We want to make a good image in the mind of customers, so that they will buy only our products. Criteria for Promotion: In promotion our main objective is to provide: Awareness Knowledge Liking Preference Purchasing Main Sources of Promotion: Electronic Media Print Media Cabel network Billboards Hoardings Electronic Media: Print Media: Billboards: Hoardings: Cabel Network Benefits: Following are the additional benefits which are offered to the customers to give them Value: Give 5 rappers and get one free juice pack Purchase ten juice packs and get one pack free. If you purchase a small crate of juice then you will able to participate in lucky draw and you can win following prizes: Samsung FM Guru DVD system Rs. 5000 Place: Distributors Review To assure the availability of its product â€Å"Refresh† juice has established effective network of registered dealers. The main target of these juices is Lahore. draw:g} The end consumer would then purchase â€Å"Refresh† from the retailer. The distributor are the most reliable distributors in the region. They enjoy a flawless reputation combined with business relations with numerous retailers even in the rural areas of Lahore and near sides. This has ensured that â€Å"Refresh† will be made available all over Lahore. Budgeting: Controls: This is the main and last element of the marketing planning by using this we can check our product standard by comparing It with our standards if there is any problem arrive in marketing plan the it must be corrected. Three main functions are performed under this element of planning that is: Measuring Comparing Correcting Measuring: We can check our marketing condition through measuring in which different types of tasks may be performed like Surveys Survey *for* *The* Future: In order to learn weather people would like to buy or use our product, we have decided to conduct a market survey in future so that we can assure that people likes our product or not. Comparing: In controlling process we compare our product with our standards Correcting: If any problem occurs then correcting process will take place in which we found that from where the problem will arises. Marketing Organization: Refresh’s chief marketing officer, holds overall responsibility for all of the company’s marketing activities. There are other subordinates with him to help the sales campaigns, trade and consumer sales promotions, and public relations efforts. Action Programs: The â€Å"REFRESH† will be introduced in May. Following are summaries of the action programs we will use during this summer session to achieve our stated objectives. May We will initiate 80,00,000 rupees trade sales promotion campaign to educate dealers and generate excitement for the product launch, and provide sample crates to our selected product reviewers, opinion leaders and celebrities as part of our public relation strategy. June We will start an integrated print/displays/television campaign. The campaign will show how many features the â€Å"REFRESH† have for users to reenergize them. July As the juice advertisement continues, we will add consumer sales promotion by including them to our messages. We will also support or retailer to increase our sales. August _ _We plan to roll out a new advertisement having new views of customers through survey who have used our drink which will help to promote our juice. Story Board References: Philip Kotler* * * * (Principle Of Marketing) Journal of Marketing Journal of Advertisement Websites: www. mickinsey. com www. wikipedia. com *www. Nestle. Com* www. Angrofoods. com www. shezan. com www. marketing. com How to cite Marketing Plan for New Product Launch, Essays

Saturday, December 7, 2019

Introduction to Qualitative Market Research

Question: Discuss about the Introduction to Qualitative Market Research. Answer: Introduction The world fossil fuel is finite. So it is very important to find out an alternative energy that can be used to power homes and business globally. To fulfil the high demand of energy solar is the only solution. So solar system in our daily accessories is also important today. Solar power is also useful in those areas where electricity is not available. When fossil fuels release harmful greenhouse gasses into the atmosphere which cause serious environmental problems, but the solar system had no such effect as well as it is eco-friendly. For electricity, we have to pay a daily cost for production but solar system is a one-time investment policy. Thinking all this legion solar system is the better way for the energy independence. This solar solution is very faster than the traditional system and it is more efficient than another traditional system. The electronic market is comprised of the profit that generated through the selling of this product. In electronic industry, there is an increasing demand for electronic devices that are easily compatible with daily life. Consumers want a wide variety of new products with more capabilities and greater services. As solar system is the fastest growing market technology today and going to play the main role in Australian electricity production. The growth of the solar system depends on the need and popularity of customers. As Australia is already practiced with the solar system and it is among the top ten solar countries and by March 2015 Australia had installedphotovoltaic(PV)solar power of 4100 megawatts. So to launch a new solar system is difficult until it provides something new that helps the customer for more service. Customers always want effective and more compatible product than traditional, so a new product must have to maintain the product quality as the competition is very high. Here Legion solar system is more efficient than any other solar system because it provides extra output than any other solar system. But the product popularity and growth depends on customer need and how they take the new product. The customer always wants something new and innovative,this solar system is highly innovative and can fulfill the customers need. A company background effects the selling of the new product. And before buying newly launched product customer depends on the company background and the advertisement of the product. In the advertisement, the company must give all the details specification and company should focus more on special features that will attract the customer. SWOT analysis SWOT analysis means to explain the strength, weakness, opportunity and threats of a company that will help the company to take the step for the growth of the company in future. The company will also find what major difficulties that they have to face (Barrows and Blackall, 2007). With the increasing population and climate change, a major question arises, that how long the fossil energy serve us in future as the fossil energy is finite. So we have to think about the other source of energy. Sun is only reliable to fulfil the increasing demand of energy with the change of our lifestyles. The new product of PLX devices the Legion solar service is a better way for the energy independence (Birn and Forsyth, 2002). It is efficient than the other traditional solar system which will key points for the marketing. It is easily comfortable for the electrical devices like mobile, computer, etc, so it will have a high demand in the digital market. Why will people choose such like product in Australia which is listed in top ten solar countries? People always demand something more. PLX provides such like solar technologies that will easily solve the problem of electricity and energy resources. PLX introduced lithium battery that can produce more output than that of a silicon acid battery. The previous solar system can only produce 50% output than input. But PLX technology provides 250 % feedback energy as output. So the main strength of PLX solar system is the output system and the quality (Chadwick, 2014). Australia is already among the world top most solar countries , so the new solar system is not so essential for the customer as most of them already installed PV system and the installation charge is not so less. For that customers will not go for a new solar device easily. Todays digital device like a mobile phone has an inbuilt powerful battery so need of an extra charging devices is not so essential. Also in the case of solar system users have to depend on the climate (Emling, 2009). In rainy season and in the night sun is not available so solar system is useless at that time. There is also a possibility of damaging of solar panel that effect customers to buy a solar system which is not less costly. The innovative idea of Legion solar devices with more effectiveness will easily attract the customer to buy this. The price of the product is not so high so a normal buyer can buy it. Today the solar system is a most demanding idea as the natural resources like fossils energy are going to the end so solar devices are the only best option. One more important thing is that it has no harmful effect on the environment that will help on its promotion. The PLX devices have already a good place in the digital market, which can capture the market easily. There is large no of the company are doing their business in Australian trade market so competition is very high (Fillis and Rentschler, 2006). Customers have the negative view of solar system for the rainy season when the sun is not available to recharge the solar device. So they must think of an optional energy supply, but for all family and business company, it is not possible to go for dual energy system. This is a big thread for the company. It is not the only product of this type as Australia is already have practiced with so it is a matter of thing that how many customers will go for it. Nature and scope of marketing: Marketing involved all the business activities involved in getting goods and services. Marketing is the way in which a product hands off to the producer or seller to the hand of the buyer. In this process ownership of a product istransferred from the seller to the buyer. Before marketing a product a company should have some essential functions (Foster, 2009). At first, they have to understand the changing need and want of the customer's. Also, they have effectively managed the services and the demands of the products and they have to promote the payment and the distribution process. Marketing of a good product also depends on upon the consumer's satisfaction. So the product quality should be maintained. So the company should sincerely analysis the buyer behavior before market segmentation and targeting. Marketers have to make pricing policy thinking about their product quality and market competition. The major objectives of the marketing are the customer's satisfaction and the servic e offered to the product (Grner, 2016). Because the profit depends on this criteria. One more thing that the company has to take carethat is the promotion including selling and advertising to reach their goals. There should also be a feedback process for the reviews of the users and buyers. So they can give their personal view about the product, which will help the company to improve their product and service. The company must have to assure about the services that they offered so the buyers can buy a product without any hesitation. The feedback process will also help the company to improve their scope of marketing in future. Marketing research techniques and analysis: To develop a business first any company have to look care about some criteria depend on upon the business type. Market segmentation, targeting market, advertising, promoting and popularity are some criteria that one company have to look care of to develop the products growth. Now a days energy solution is the main problem (Imms and Ereaut, 2002). So everyone wants something new. The solar system is the key to solving and to introduce a new energy source. But as Australia is already a leading country in solar energy production, so to launch a new product of solar energy any company should provide some new features. The company first need to know the popularity of the thing they are going to launch so they need a market survey, which should on the basis of area and population.For the growth of market, company needs to segment the market in geographic, demographic, psychographicsegmentation. Geographic segmentation will provide data to the company about the area in which it is mostly needed. Demographic segmentation will give an idea about the population and service man and the economic picture of customers. So the company can target the area more. It should target most of the area full of school, office, industry, and over a populated area (Jindal, 2015). The advertisement is the basic and main thing to aware people about the product. But the company also maintain some basic rules to do it. For offline advertisement, it should choose the popular TV channels, well-populated area and most of the locality and they have to look care that people can get a clear image of the product and difference of the products with others. New features should be highlighted. For online advertisement, that is easier to promote,one need to create an attractive ad .The add should contain every detail and new features of the product. New features should be highlighted more. Advertisement page must be well decorated thus a customer can get a clear picture of company and product. Most popular websites, emails, social networking service should be the medium to post ads (Kotler, 2006). One more thing company have to look care of that is the competition presented. Australia is in top ten in this subject. So the competition will be very high and to introduce a new product is very tough. So to launch a new product company must provide some extra features and also price and quality should be maintained. Difference between marketing mix and extended marketing mix: The combination of elements that is used by a business to enable it to perform the needs and wants of the customer is marketing mix.The marketing mix is also known as the 4Ps of marketing. This 4P's are the parameters that have to control by the marketing manager in the marketing environment. The 4P's are product, price, place and promotion. The product terms refer to brand name styling quality as well as services that are warranty including repairs and support. In marketing pricing strategy should be followed (Malhotra, 2010). The company has to take a reasonable and affordable market price for the buyers and discount should be informed if have. Place refer to the distribution that is about getting the products to the customers. In promotion various aspects of marketing communication decisions include. All the information is taken by the marketers of the new product is the main part of the promotion. In recent days three new elements are added to the traditional market mix. After addition, the combined form of marketing is called extended marketing mix this is also known as 7P's the three new additional is people, process and physical. Here peoples are referred to them who may conduct and deliver the product the customer. The process is the system according to which delivery of a product to the customer is done (Otubanjo, 2013). The element physical means the environment of the customer experiences. The main difference between marketing mix and extended marketing mix is The later is more develop marketing function that is closer to the management and the customer and operations. Conclusion: After analysis, all the factors to make opportunity for a new product a company should take care of its market segmentation as per the customer needs and have to deliver the quality product that they offered. As the solar system is innovative as well as independence to the power system so this product can easily create a good place in the market of the high demanding energy state of the world. References Barrows, A. and Blackall, S. (2007).Ivy and Bean break the fossil record. San Francisco: Chronicle Books. Birn, R. and Forsyth, P. (2002).Market research. Oxford, U.K.: Capstone Pub. Chadwick, S. (2014). Market research is dead; Long live market research!.Research World, 2014(49), pp.6-7. Emling, S. (2009).The fossil hunter. New York: Palgrave Macmillan. Fillis, I. and Rentschler, R. (2006).Creative marketing. Basingstoke, Hampshire: Palgrave Macmillan. Foster, J. (2009). 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