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MUMBAI: Colour TV sales during the World Cup season are likely
to touch the two million mark.
This market estimate should come as specially good news after the
post festive season of Diwali sales plummeted four per cent . The
news is not as bright for black and white TV sets though, which
are expected to register only a marginal increase.
With CTV sales poised to shoot by 40 per cent during the world
Cup, manufacturers are geared up to cease the market by flooding
it with World Cup special offers
While LG Electronics is one of the official sponsors for the event,
South Korean rival Samsung is also hoping to ride the wave of cricket
interest with increased sales. The other TV companies are also hoping
to cashing in on the world cup frenzy.
While official sponsor LG Electronics India Pvt. Ltd. has earmarked
a budget of whooping Rs 350 million for its consumer promotion 'World
Cup Pass Chahiye' offer. The unique aspect of the campaign running
from 5 January till 28 February is unlike any other world cup special
offer. The company will be offering free passes for the Cricket
World Cup to the lucky few and not just tickets to South Africa.
With every purchase of consumer electronics or home appliance product
and 17 inch Colour Monitor from LG, the consumers has a chance to
participate in the contest. The prizes include over 701 lucky prizes
ranging from a Gold Pass and 600 silver passes for the World Cup
matches and 100 limited edition LG products besides assured gifts.
The gold pass would entitle the winner an opportunity to attend
all the World Cup matches in South Africa along with a friend/family
member. The Silver Pass, on the other hand, would enable its winner
to watch an individual match during the World Cup matches. The airfare
and the hospitality for the winners of these passes would be taken
care of entirely by the company.
According to an official release, company is targeting to achieve
a sales turnover of Rs 9.2 billion, which amounts to a 60 per cent
growth than the last year.
Meanwhile Sansui India, the Indian arm of Sansui Electronics Japan,
announced its World Cup offer too. On purchase of a Sansui color
television, customers get another television or a ten-band world
radio or a VCD player free. Sansui offer will be closed on 31 January.
The company expects to sell about 0.25 million CTVs during the World
Cup season.
Philips India on the other hand is utilizing the world cup season
to launch its new models targeted at the new emerging up-market
segment. The company is also set to market flat CTVs, Plasma and
Projection CTVs aggressively. Amongst the just launched is a new
top-of the line range of Pixel Plus CTVs with Pixel Technology.
The electronics manufacturers expect to register a 100 per cent
growth in the during the world cup first quarter. The company has
budgeted around 1.2 billion for advertising and marketing during
world cup. According to the media reports, the company expects to
sell 150 to 160,000 units of CTVs.
Another electronic consumer goods manufacturers with innovative
marketing strategy on hand is Onida. The company has seized the
world cup opportunity fillip its sales. According to the television
commercial currently on air, all Onida colour televisions bought
during the festive offer period have a four year warranty. They
have called this a offer a World cup to World cup offer.
Even the homebred Videocon has targeted world cup as an opportunity
to increase their sales with their 'Khel ke Dekho' offer. The company
has reserved a 1.1 billion as its world cup offer budget. According
to media reports, company expected to sell about 450 thousand CTVs.
The rural sale is expected to grow up by 50-55 per cent.
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