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New
Delhi: Whirlpool of India Ltd is now looking at being
seen as a `mass player.'' Armed with a slew of launches
across all product categories, at all price points, the
company is looking at a 15 per cent increase in the total
sales turnover from Rs 1,300 crore in the previous financial
year.
At
the launch of a new range of single-door frost-control
refrigerators, Arvind Mediratta, vice-president (marketing),
Whirlpool, said: "The range is available in 200 litres,
230 litres and 260 litres at an approximate price range
of Rs 10,600 to Rs 12,750. The company is bullish about
the category."
Besides
this new line, the company has also upgraded and launched
new products in its existing range of direct-cool and
frost-free refrigerators, he said. The refrigerator segment
contributes almost 65 per cent to the total turnover of
the company. Whirlpool is expecting the new range to contribute
almost 20 per cent to the overall sales of refrigerators.
As
to whether this new category would be eating into its
frost-free segment, Mediratta said that since the product
offers the best features of both direct-cool and frost-free,
the company is looking at creating a new market. Compared
to the frost-free segment, the prices of frost-control
would be lower by about Rs 500 to Rs 1,000 depending on
the capacity.
Elaborating
on the frost-control range, he said: "The range comes
with Whirlpool''s sixth sense technology and has special
sensors that maintain the right level of frost in the
freezer by automatically defrosting any excessive frost
formation."
Apart
from the new launches, the company has also lined up communications
to support the brand and its products. The company has
earmarked 5 per cent of its total revenue for advertisements.
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