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Market segmentation
Main targets: business companies Sub targets: electronic product retailers and college/university students Price range suited for middle to high income earners
Product Fingerprint security lock magnets attached at both ends Place product on the device and attach it to a surface Works with devices such as phones, tablets, laptops etc
Price Market-penetration pricing where the selling price will be RM99.90 (cost at approximately RM82.40) Good-value pricing: aim to deliver the product with its promised quality while having it at an affordable price
Place Main distribution channel: 1) direct distribution through business-to-business 2) higher end electronic retail outlets (Harvey Norman)