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Strength
Simple design
Less space for manufacturing
Less manpower required
Less components required
Chotukool uses an electro thermal chip, which 40mmx40mm in size (Low weight)
It consumes less power due to electro thermal chip
It can run for up to 1 day without electricity(on battery)
Tie up with Indian Post to use their developed infrastructure Opportunity
Weakness
Low awareness, communication has’nt been strong
It takes too much time to cool
Strong association with Corporate brands may lead to unacceptability by customers
Doesn’t have service center everywhere
Opportunities
Huge scope in urban areas
Many remote villages are still untouched by electricity and hence have no idea of
refrigeration
Association with government, to get subsidies and sell at lower price point to the rural
areas
Tap into urban market as there is growing trend of nuclear family
Growing disposable income
Threats
Huge competition from South Korean and Japanese brands with their frequent
advancements and wider product range with extensive communication
More foreign players entering Indian market realizing the growth potential
Technology duplication is very easy
Can’t be used where NO electricity or where power cuts are for over 1-2 days