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BUDGET (COST)

 Budget and marketing plays a vital role for a product sale-


 For our product PRO-TECH x10, we used biodegradable materials and mainly focused on
products that is eco-green (environmental friendly).
 As we focus on our budget plan for the product, we estimated that the product would be
sold at RM150.00, as the original price of the manufacturing product price is RM130.00. we
are selling at a promotional price as it comes with full protection and warranty.
 Part of the sales money will be donated to THE HONEYBEE CONSERVANCY (NCSM) as it
would help many patients and people around who are in need of help.
 The cost of production for per unit of the product is RM130.00.

MARKETING

Firstly, we evaluate our product by SWOT Analysis Technique.

Strength - Help to aid in reduce electric current usage.

Weakness - cell phone chargers powered by the sun. impact of weather.

Opportunity - Solar energy is sustainable, renewable, and free.

Technique - It is a new product in market which is a threat because if product fails-will undergo

1) Social Media (ADS)


- there are many social application platforms such as Instagram, Facebook,
- in the form of a feature, called stories. As people are viewing the stories, the Ads would
pop-up and it might be an eye-catcher for people around to purchase our product.

2) Through tri-media
- Tv Ads, Radio Ads, and Printed Ads.
- Ads have different objectives
- Ads can have an effect over time
- The effects of ads are difficult to measure

3) Through online sale platforms


- such as Shopee, Lazada, ALIBABA, E-BAY, AMAZON. These platforms have been well-
known and the recent statistics have proven that people prefer online purchasing more
because it is easy and efficient to purchase a product without a hassle. We would also
provide coupon vouchers for the product for the first 2weeks of its release.

4) Through famous youtubers-reviewing product.


- to review our products, Malaysian famous youtubers such as Harvinthskin, VikarWorld,
and many more. As they review our products, customers or people around would have a
view on the specifications and Pros-Cons about our product. This would give them a
better knowledge on our product and would gain our trust in purchasing the product.

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