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ideaForge: Mechanical Charger

Atanu Adhikari; Trupti Amit Karkhanis

商品編號:9B12A013
出版日期:2012/08/31
再版日期:2012/07/24
商品來源:
商品主題:Entrepreneurship; International Business; Marketing
商品類型:Case (Field)
涵蓋議題:New Product Development;Social Entrepreneurship;Innovation;Business Sustainability;Distribution Channel;Green Energy;India
難易度:5 - MBA/Postgraduate
內容長度:17 頁
地域:India
產業:Manufacturing
事件年度:2012

In an era of ever-changing technology, the challenge for a social entrepreneur is to cope with the fast pace of change. With a concern for the environment and energy conservation, the entrepreneur in this case became an entrepreneur with the development of a new product – a mechanical charger. His company, ideaForge, manufactured and sold two types of products: mechanical chargers and other conventional chargers such as bike chargers. The mechanical charger, an innovation of ideaForge, was a product that could produce electricity through mechanical operation. The sales of other conventional chargers were increasing, while the sales of mechanical chargers were decreasing.



The company faced two major challenges while running the business: how to market this innovative product to customers used to traditional mobile phone chargers, and whether the company should increase the product range or concentrate on existing products. The decision that had to be made was whether to sell only through distribution channels or through a sales force, or both. The young entrepreneur, along with his two cofounders, also had to make decisions on how to position and price their products in the market. With a changing market scenario, several initiatives and calculated risks would have to be taken if they wanted to develop new product offerings, such as laptop chargers and bicycle chargers, both of which would mean diversifying the business.

教學手冊:ideaForge: Mechanical Charger - Teaching Note
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