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Friday, January 29, 1999
Videocon to launch India's first multimedia computer with colour TV screen
Rajita Bansal
Mumbai, Jan 28: It is christened tv.comp and aspires to be the country's first multimedia computer with a 25 inch colour television screen. This latest offering from electronics and consumer goods major Videocon International is to be launched in all metro cities within the next fortnight and is expected to create an entirely new niche for itself. The price tag for the product: Rs 39,990. Videocon has assembled the entire package along with its Bazuka Boss range of televisions and is combining features and functions ranging from a 32x CD ROM drive to a pre-loaded Windows 98.A quick preview of the new product shows the use of 220 MMX technology bought from Cyrix, a large storage capacity with a 2.1 GB memory hard disk and an option of recording one's voice for the purpose of presentations. According to N Gupta, director (marketing), "this is the first multimedia package to be launched with a domestic server and we plan to launch a 29 inch version very soon. "Positioned as an entertainment as well as aneducational tool, tv.comp (pronounced tv-dot-com) is to be marketed through a select set of large Videocon dealers, the Videocon Plazas and a few computer shoppes. All concerned dealers will be undergoing a special orientation programme to sell the new product. Says Gupta, "here we have to gear up to selling a new concept and so we will also be retraining the after-sales-servicing teams." Videocon also plans to steer clear of lifestyle advertising and will be concentrating on catalogue-oriented communication. The plan, therefore, is to use more of direct mail, exhibitions and other direct channels. For example, Videocon may be tying up with credit card companies to use their database for creating awareness for the product. Market observers feel that the pricing of the product is extremely competitive and the company should be able to generate a good initial response. Videocon, however, is not leaving anything to chance and has already tied up with home loan companies like Countrywide and K-value to work outdifferent finance schemes. While the main target segment remains the growing home segment and the SOHO (small-office-home-office) market, the company does plan to penetrate below this segment in the future. Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.

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