THT_Perspectives
May 8, 2016
The coolest air conditioners
Summer brings a ray of hope for brands hoping to increase sales and grow the market
Himalayan News Service
Kathmandu
The rise in temperature and the persistent hot weather has scurried consumers to look for cooling solutions. Air conditioner ( AC) brands are hoping to see an increase in sales as we proceed further into summer. Though most companies’ yearly target is a 20 to 30 per cent increase in sales, the target is hard to meet in a market like Nepal due to insufficient power supply. However, domestic and international air conditioner brands like CG, LG and TCL are continuously working on maintaining their brand name and pushing sales in a constant effort to grow the domestic market.
Customer comes first
Customer comes first
Bishnu Gyawali, Senior Sales Manager, CG Electronics says, “ The overall market share covered by our brand is around 15 to 20 per cent in Nepal.” According to him, the brand’s unique selling point is its quality maintenance with affordable price range. CG as a brand believes in customer retention hence, every year they come up with different schemes to facilitate customers.
For this summer, they are offering free installation scheme on purchase of every AC. The products range from Rs 50,000 to Rs 90,000. After the Capital, Pokhara is the second target market for high sales of AC. According to Gyawali, for a brand to sustain in the market quality maintenance, promotion of the product, customer satisfaction and fulfilment of commitment is very important. He informs, “ We have strong distribution channels making our product visible in different outlets that create demand for our brand.” This visibility leads to publicity and publicity leads to brand recognition.
Environment friendly
For this summer, they are offering free installation scheme on purchase of every AC. The products range from Rs 50,000 to Rs 90,000. After the Capital, Pokhara is the second target market for high sales of AC. According to Gyawali, for a brand to sustain in the market quality maintenance, promotion of the product, customer satisfaction and fulfilment of commitment is very important. He informs, “ We have strong distribution channels making our product visible in different outlets that create demand for our brand.” This visibility leads to publicity and publicity leads to brand recognition.
Environment friendly
Lalit Mishra, Senior Manager- Sales and Marketing, EOL Pvt Ltd, authorised distributor of TCL, says, “ Our ACs use titan gold technology that ensure eight years of satisfaction and our products come at an affordable price.” For a brand to establish itself in the market, a good marketing strategy is a must. TCL also focuses on raising awareness among customers to use eco- friendly air conditioners. He informs, “ Quality product, after sales service and competitive pricing is important for a brand to sustain in the market.”
According to Mishra, TCL never compromises when it comes to providing the best products. They focus on need and preference of the customers. He informs that customer satisfaction is their first priority. Currently TCL ACs enjoys eight per cent market share and aims to achieve 15 per cent market share in coming years. The company is also working on different summer campaigns like free installations on the purchase of AC. TCL ACs range between Rs 52,100 to Rs 98,800 and their Cassette AC at Rs 214,000.
Energy saving
Energy saving
Purushottam Bhandari, National Sales Head, LG, says, “ LG ACs use energy saving mode which consumes less electricity and is environment friendly, this technology differentiates our brand from others.” One year warranty is provided with free installation to the customers, he informs. LG also uses unique skew fan and BLDC motor technology in AC which eliminates unnecessary noise giving great experience. “ Compared to other brands of ACs LG inverter ensures 36 per cent less consumption of electricity,” he informs.
According to Bhandari, LG relates to its tagline ‘ Life is good’ by fulfilling their promises in terms of providing innovative and quality product to customers by making their life easier and better. When it comes to durability LG air conditioners ensures a 10 year lifespan. It focuses on creating brand value of the product by constantly using new technologies like energy saving solutions, dual protection filter and volt care technology — low voltage starter and high voltage safe. This technology protects AC’s from low- high voltage variation. LG AC’s price starts from Rs 64,000 onwards.
According to Bhandari, LG relates to its tagline ‘ Life is good’ by fulfilling their promises in terms of providing innovative and quality product to customers by making their life easier and better. When it comes to durability LG air conditioners ensures a 10 year lifespan. It focuses on creating brand value of the product by constantly using new technologies like energy saving solutions, dual protection filter and volt care technology — low voltage starter and high voltage safe. This technology protects AC’s from low- high voltage variation. LG AC’s price starts from Rs 64,000 onwards.