Professional Documents
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INTRODUCTION
Imagine a world where you can control what you want to hear and what u don’t
and by this we don’t mean the music you control on your entertainment
systems….we are talking about the world around you…yes technology has
bestowed us with the ability to bring into existence whatever we dream of and
same applies to our new concept product the Active Noise Canceller(ANC). It is a
device which helps you experience silence in the sound, that you don’t want to
listen to. Any product is landed upon by the need felt for its existence and same is
the case with our unique product ANC.
ANC is based on adaptive filter theory which was developed in the early 1980’s
,however never before has it been used as a product we have thought of. Our dream
of providing silence in the sound has become more realistic, both physically and
economically with the invention of powerful but inexpensive Digital Signal
Processor (DSP). These devices have made it possible to implement powerful
adaptive (ANC) algorithms.
ANC our product is a device ,which is ,like any other speaker ,but it generates
sounds of amplitudes that are opposite of the sound found in the vicinity of the
product.the purpose of this negative amplitude is to cause destructive interference
between the noise of the surrounding and the sound generated by our device.
Our product can be installed anywhere and when switched on would produce an
invisible three dimensional film of negative amplitude of desired shape and size as
the need be.
For instance ANC can be installed on the electric poles on the sides of a busy and
noisy road passing through a residential area or an institutional area. The ANC
would be positioned on the opposite poles at the same height so that there is
uniformity in the film of sound created by the device.
This product would prove to be a manna from heaven for people deprived from
peace and ability to concentrate. It has been proven scientifically that people
subjected to constant noise pollution are susceptible to many hearing and
psychological disorders, like tinnitus and Attention deficit hyperactivity disorder
just to name a few. As a result of which people become inefficient and fail to
deliver their best in every sphere of their lives.
The unwanted sound when comes in contact with the the sound generated by the
ANC results in a residual noise which is not too effective as far as audibility is
concerned. Following is a pictorial representation of the above phenomenon.
“No more sleepless nights, no more listening to cat fights. Now you can sleep tight
in the silence of the arctic ice…..”
We often hear from people who have returned from shopping in the market that,
there is a lot of
noise pollution in the city. They often blame the two, three - and four wheelers
besides commercial units for increasing ambient noise pollution. On a special day
like festivals, marriage functions, birthday parties etc., we can hear loud speakers
drilling the common man with severe noise.
As we know needs are the basic human requirements. People have strong need for
recreation and entertainment. Sound proofing is of utmost importance in the busy
and hectic lifestyle of most of us today. The product that we have designed and
plan to promote is specially designed to cater to the need of sound proofing
required by most of the Hospitals where noise can be a big irritation factor for
already distressed patients. Also the people who stay in and around AIRPORTS are
always surrounded by noises generated by flights which take off and land. These
noises are unbearable. Image in the mid of your sound sleep there is a plane that
takes off. Obviously you would not like it too much. We also want to cater the
need of people who stay around RAILWAY stations. We know our railway
stations are always highly crowded and the noise generated by the crossing train
leave people around the railway station in distress.
As stated above we can easy figure out there is a huge demand of an NOISE
CANCELLER which can cater to the needs of the above mentioned category. We
realize that there is a STATED NEED that exists.
hearing. Identify the sources of noise pollution. Once identified, the reason(s) for
increased noise levels to be assessed. Now, efforts shall be made to reduce the
undesired noise levels
from (unwanted) noise generating sources. This leads to marginal reduction of
noise
levels. It is still un-bearable scientific methods of noise control shall be employed.
The statutory Regulations have prescribed the noise level exposure limits. The
public may
complain to the statutory Board for violation of noise level limits by any noise
generator.
Suitable action will be taken to attenuate the noise levels and controlling pollution.
It is
advisable that suitable noise control measures be taken and reduce the interference
of
Statutory Board. It is high time that everyone should do this bit in curbing the
noise
pollution, which is otherwise becoming as effective as SLOW POISONING.
Broadly speaking , the noise pollution has two sources, i.e. industrial and non-
industrial. The industrial source includes the noise from various industries and big
machines working at a very high speed and high noise intensity. Non- industrial
source of noise includes the noise created by transport/vehicular traffic and the
neighborhood noise generated by various noise pollution can also be divided in the
categories , namely, natural and manmade.
Most leading noise sources will fall into the following categories: roads traffic,
aircraft, railroads, construction, industry, noise in buildings, and consumer
products
4. Construction Noise:-
The noise from the construction of highways , city streets , and buildings is a major
contributor to the urban scene . Construction noise sources include pneumatic
hammers, air compressors, bulldozers, loaders, dump trucks (and their back-up
signals), and pavement breakers.
5. Noise in Industry: -
Although industrial noise is one of the less prevalent community noise problems,
neighbors of noisy manufacturing plants can be disturbed by sources such as fans,
motors, and compressors mounted on the outside of buildings Interior noise can
also be transmitted to the community through open windows and doors, and even
through building walls. These interior noise sources have significant impacts on
industrial workers, among whom noise- induced hearing loss is unfortunately
common.
6. Noise in building: -
Apartment dwellers are often annoyed by noise in their homes, especially when the
building is not well designed and constructed. In this case, internal building noise
from plumbing, boilers, generators, air conditioners, and fans, can be audible and
annoying. Improperly insulated walls and ceilings can reveal the soundof-
amplified music, voices, footfalls and noisy activities from neighboring units.
External noise from emergency vehicles, traffic, refuse collection, and other city
noises can be a problem for urban residents, especially when windows are open or
insufficiently glazed.
STRATEGIES
MARKETING STRATEGIES
TARGET MARKET
• Airports
• Military
NICHE MARKETING
• It is a fairly small segment but the product profit and growth potential
• Value proposition
PROMOTION
• Resonance marketing
SALES
BUSINESS STRATEGIES
Initially, the attempt is to familiarize the consumer base with the working and
advantages of the product since it is a highly distinct and technically complex
product. There is a strong need for such a product within the mentioned target
market. We can tap into its potential there and in the long term, we can also
introduce smaller versions of such products to cut noise within neighborhoods,
office complexes and homes.
Global expansion of the product is also feasible since the aforementioned target
market is present around the world.
Since the niche market can afford to pay a premium, the launch price of the
product need not be discounted or low priced.
These are the long term goals of the company. They depend on the revenues
earned. If the sales are high and more revenue is earned , it can be used for further
technological enhancement and effective cost reduction.
In this way we can benefit the society as a whole and give each and every
individual a noise free life. This product will thus improve the quality of work
performance and overall human productivity. Therefore with our product peace
will not be a distant goal but rather a means by which we arrive at that goal.
“modern technology owes ecology an apology “but with our product “the active
noise canceller the modern technology will turn this apology into an opportunity
and instead help the ecology.”
Target Markets:-
Airports:-
Airports witness tremendous noise due to take offs and landings of numerous
flights on daily basis, and the primary victims of this noise are passengers and all
airport staffs. Our product is aimed at reducing /eliminating such noise.
Hospitals:-
Many hospitals nowadays situated in urban areas have to bear the chaos and hustle
bustle of city. As tranquility and serenity are one of the crucial requirements of
such places, so our product will target such hospitals.
Construction sites:-
The increased demand for more buildings, offices, organizational spaces etc have
led to the construction work going round the year .So the nearby residents have to
bear the irritating noise coming out from these construction sites. So our product
provides the solution for the aforementioned problem.
Ships :-
The propellers and engines of ships produce tremendous sounds which lead to
vibrations causing wear and tear of machines. Our device prevents the same.
Real estates:-
The apartments and buildings near highways and crowded places witness high
volume traffic throughout the day which leads to noise pollution .Our product will
help in reducing such pollution.
Universities/Colleges:-
The universities and colleges require calm atmosphere free from unwanted noise
disruptions. Our product can provide the same.
Inside automobiles :-
Our device can be installed within automobiles to create virtual sound barriers
within the automobile like sound being played in front might not disturb the
person sitting behind.
Residents in apartments :-
People living in apartments can use this device to screen noises coming from
people living in other rooms using high noise producing devices.
Special occasions :-
This device can be used effectively to screen the abnormally high sounds
generated from loudspeakers, generators etc in festivals and marriage
ceremonies.
Segmentation:-
Our product initially caters to a niche market and then diversifies itself to cover
a broader segment of the market. Its success in the niche market will pave the
way for its expansion to other markets.
1) Geographic:-
2) Psychographic:-
On the basis of this segmentation we will set our focus on the innovators.
3) Behavioral:-
Behavioral aspects for our products will be occasions which were mentioned
above and other will be attitude towards product that deals with tapping
enthusiastic and potential users who show genuine interest in potential products
in the markets.
Product Line
We need to know the sales and profits of each item in their line in order to
determine which items to build, maintain ,harvest or divest, this can be achieved
after we understand each product line’s market profile.
Taking cues from above understanding, initially we would be coming up with only
one basic version of our product i.e the core product and after testing the waters we
would expand our product line.
Initially we would be targeting the municipal corporations and make them aware of
the importance of containment of noise pollution and how it would improve the
efficiency of the work environment of every individual. There is a reason for
selecting the government first ,if the project is successful then people will easily be
able to relate to the authenticity of the product and its durability, as they would
already have seen it working with efficiency, so they will develop faith and
confidence in the viability of the product.
The purpose for the expansion of our product line length would be to induce
upselling and increase are market penetration and customer base thus helping us
diversify our risk and protecting us from the economic ups and downs.
1. Basic Version:
It would just be the bare minimum device, which wouldn’t do more than
serving the core function of the product that is cancelling the unwanted
noise.
After the products successful acceptance in the market we would launch the
version which is water proof as in the fit it and forget it no hassle faced product.
After the product would have created large scale ripples in the target
segment we would introduce a speciality version which would be equipped
with anti theft device to protect ANC from being stolen.
4. Solar Powered:
Cost of instruments
Assembling costs
Transportation
Costs +shipping costs
R&D
Warranty costs
Active noise canceller
Product Pricing:-
Deciding the product price is one of the most critical decisions especially in case of
any new product to be launched in the market. And pricing is one of the important
determinants for any product.
We have made the following calculated estimates about the various pricing
elements:-
Profit = Rs 15,000
It works well for sounds that are continuous, such as a hum of a refrigerator or
that of an airplane, but are rather ineffective for against speech or other rapidly
changing audio signals.
To overcome such problems or limitations, efforts are being made to improve the
quality and efficiency of the active noise canceller. “Indeed criticism opens room
for improvement”.
CONCLUSION
Thus with this we have come to the end of our project report on marketing. After
compiling the project, we can say that we have taken care of all the aspects of
launching a new product in the market.
We have done our bit of market research and found wide acceptability of the
concept product that we have come up with.
Thus we can conclude that with the invaluable support and teachings infused in us
by respected professor Venugopal our product will take the market by storm and
prove its mettle and usher in a new horizon of adaptive convenience at your
command.
References
Wikipedia