Financial Daily from THE HINDU group of publications
Saturday, Aug 06, 2005


News
Features
Stocks
Port Info
Archives
Google

Group Sites

Marketing - Strategy


Novar India to promote home security systems

Sriram Srinivasan

Chennai , Aug. 5

NOVAR India plans to promote its fledgling business of home security systems through a multi-pronged approach, driven by direct marketing and supported by non-traditional channels.

The company, known for its wiring devices and other electrical accessories in its earlier avatar as MK Electric (India), launched the Friedland range of intruder alarms, both as standalones and systems, early this year.

The market hasn't been easy to crack, says Mr T. Karthikeyan, AGM-Marketing. "Before starting out, we virtually struggled to find out about the market. Even consumers who knew about safety alarms didn't know where to find them."

The market is miniscule and awareness low. But that's not going to prevent the industry from taking off, believes Mr Karthikeyan. Events and roadshows, planned for the future, "will increase awareness".

And to build the market, it is betting on "specifiers" and channel partners. Specifiers include architects, interior designers and builders, who have known the MK Electric brand for years. Novar wants to use this relationship to its advantage, so that the specifiers could recommend its products to the ultimate customers. "This way, there could be a lot of acceptance," he says.

The company is steering clear of targeting single households, preferring to lure large apartment complexes with its wire and wireless products.

It has also started the process of appointing exclusive business partners in each city who will undertake direct marketing on its behalf. While partners Kerala and Chennai have been appointed, Novar is looking to do the same for Coimbatore, Bangalore, Delhi and Mumbai, in phases.

Its products range from mini-alarms, costing around Rs 600, to full systems, which on an average cost Rs 30,000.

Novar also says it is looking at the possibility of selling the range of mini-alarms, which are easy to operate, through retail stores.

The business of selling security solutions for commercial establishments is handled by another division of Novar.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page


TMB Ltd

Stories in this Section
Nimbus Sport bags 3-yr rights to Afro-Asia cricket cup


Crest inching into big-ticket animation
Exide shifts focus to replacement market
Novar India to promote home security systems
CNN plans marketing campaign in India
Jet extends `check fares' scheme to entire network
Bangle mela
MS busy with Windows upgrade, battle on piracy
Samsung targets 45 pc growth in Kerala this year
No `Swift' delivery
UTI Bank, Visa launch mobile recharge facility


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line