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Applied Research and Development of Renewable Energy Based Technologies


 

Mission statement:

The mission of the company is to alleviate poverty and protects the environment through applied research and development of renewable energy based technologies.

Initially, we planned to concentrate on Solar Energy as it has vast potential in our country having abundance sunshine. Strategic Alliances with the leading players (manufacturers / organizations) have been developed; so that we can introduce latest technologies in the field of Solar Energy in Pakistan .

Our mission is to popularize and deliver Solar Energy solutions to rural households and market various solar energy products all over the country; as Clean, reusable and affordable solar power is increasingly being recognized worldwide as the leading alternative energy source for the 21st century. At the threshold of energy crisis being faced by our country, SOLTECH passionately committed to combine latest solar technology with nature’s most abundant resource ( SUN ) to deliver the cleanest, most affordable and energy efficient solutions for a green future; and contribute towards poverty alleviation of our country.

 

Introduction

SOLTECH International is engaged in the field Renewable Energy such as Solar, Wind and Bio-gas. Main objective is to produce electricity to fulfill the minimum requirement of electrical power after energy crisis and dusk in the remote rural areas of Pakistan ; where conventional electricity could not reach in foreseeable future. SOLTECH is one of the pioneer established solar companies in Pakistan. Since 2001 our company has been installing solar systems for its residential, commercial and municipal clients. As a pioneer in the solar field, we have witnessed the industry evolve from "ground zero." In this period we have experimented with different system designs as well as a myriad of different solar collectors, controls, pumps, and storage media. As a result we have "hands-on" experience with applications that are truly cost effective and long lasting.
SOLTECH can provide a feasibility study that encompasses solar and details the complete energy picture for an entire facility. SOLTECH does not represent just one manufacturer of solar equipment and reserves its recommendations until after the site is examined. As an energy consultant, SOLTECH can design a solar system to fulfill the needs of anybody from the do-it-yourselfer to the architectural, engineering and construction sectors.

General Manager

Marketing

Finance

Human Resource

Advertising

Sales management

Accounts

Purchases and sales

Administration

Wages

Personnel

 

 

 

Hierarchy

 

 

 

 

 

 

 

 

General Manager :

Abid Nisar Lodhi (MBA from IBA PU Lahore)

 

 

Head of marketing dept :

Awais Ahmed (MBA from IBA PU Lahore)

 

 

Head of finance dept:

M. Ifrahim (MBA from IBA PU Lahore)

 

Head of human resource dept:

Ayaz Mahmood (MBA from IBA PU Lahore)

 

 

Head of advertising dept:

Abid Nisar (MBA from IBA PU Lahore)

 

 

Head of sales dept:

Muhammad Arif (MBA from IBA PU Lahore)

 

 

Head of Accounts:

M. Afzal (MBA from IBA PU Lahore)

 

 

Head of administration:

Ayaz Mahmood (MBA from IBA PU Lahore)

 

 

PRODUCT:

Every home solar electric system has

5 essential parts:

· Solar panels

· Inverter

· Racking

· Wiring

· AC and DC safety shut-offs

Many solar systems also have these:

· Solar energy monitor (recommended)

· Net meter (recommended)

· Battery back-up (not recommended)

A home solar electric system works when sunlight hits the panels. The panels capture sunlight and convert it into direct current (DC) electricity. Then, the electricity goes through an inverter which converts the DC electricity into alternating current (AC) electricity. AC electricity is what you can use throughout your home

Solar panels are made up of many solar cells. Each solar cell is made of a semiconductor material so it can conduct electricity.

When a little packet of energy that comes from light - called a photon - hits a solar panel, electrons break away from the atoms of the semiconductor material and start flowing. And, an electric current is created.

This direct current (DC) electricity flows through the inverter where it's converted into alternating current (AC). AC electricity is what we use to power our homes.

 

 

 

COST OF SOLAR SYSTEM

The cost of a standard home solar electric system can be anywhere from Rs20,000 depending on these factors:

· System size
A larger system will be more expensive and system size depends on how much energy you need. System size is the biggest factor that determines how much solar costs.

· Brand of equipment
As with everything, some brands are more expensive than others.

· Equipment quality
Less efficient
solar panels are less expensive but you also will need to buy more to produce the same amount of power.

Cost of labor

· Federal and local solar rebates

Larger state rebates make for a less expensive system. Most solar installation companies will let you pay the after-rebate price and then they'll take the rebate when it comes. In other cases you may have to pay the full price of the system and wait for the rebate yourself

The costs of solar energy can be high. Overall, the cost of a solar system is usually between Rs8 and Rs10 per AC watt and this adds up to a high total price tag. But, when you buy a solar system, you're paying in advance for 50-60 years of power. When you think of it that way, the cost of solar energy is not much compared to what this power will cost from the utility company over the next 50-60 years.

This is especially true when you think about solar as an investment. Plus, there are new affordable options for solar, which cost much less upfront. With the price Rs20000 of the solar system you can run four tube lights and two fans. But if you demand for higher solar system for the appliances then the price will also be increased automatically.

 

 

 

 

Cost Breakdown

When you buy a solar electric system, here's where your money goes:

· Solar panels are 60% of the cost - they're mostly made up of pure silicon, which is expensive and takes a long time to make.

· The inverter makes up about 10% of the cost

· All the other parts, like wires and racking, is about 15% of the cost

· Labor is also about 15% of the cost

 

 

 

We provide free installation of our solar system to our customers.

 

Placement:

1. For the better utilizing our sources, we are outsourcing.

2. In order to reach to the maximum number of consumer we have established 15 franchises in major cities(Lahore, Karachi, Islamabad, Rawalpindi, Faisalabad, Multan, Bahawalpur, Rahim yar Khan, Sahiwal, Peshawar, Haiderabad, Sukher, Okara, Queta, Gilget) of Pakistan.

3.To provide the best service to our consumer we have maintained the certain standards, franchises are suppose to strictly followed that standards to achieve the maximum customer satisfaction.

4. Our head office is situated in Lahore, Pakistan.

  

 

Promotion:

Guerrilla marketing

Guerrilla marketing is an unconventional system of promotions, running on a very low budget, by relying on time, energy and imagination instead of big marketing budgets. Typically, guerrilla marketing is unexpected and unconventional, where consumers are targeted where they would not be expecting, which can make the idea that's being marketed memorable, generate buzz, and even spread virally.

So as in SOLTECH, Promotion is generally sub-divided into two parts:

· Above the line promotion:

Promotion in the media (e.g. TV, radio, newspapers and Internet) in which the We pay an advertising agency to place the ad.

· Below the line promotion:

All other promotion. Much of this is intended to be subtle enough for the consumer to be unaware that promotion is taking place. E.g. sponsorship, product placement, endorsements, sales promotion, merchandising, direct mail, personal selling, public relations, trade shows.

Broadcasting advertisement:

Commercial advertisement is the practice of broadcasting for profit. This is normally achieved by interrupting normal programming to air advertisements, also commonly called "commercials" in this context.

For this purpose we are using

· cable television,

· satellite television,

· and satellite radio,

though such services are generally partially or wholly paid for by local subscribers, much of the programming, particularly on cable television, is produced by company operating in much the same manner as commercial broadcasters, and both they and often the local cable provider are selling commercial time in the same manner.

 

 

 

 

Interactive media:

Interactive media is the integration of digital media

And for promotion of Soltech Products we including combinations of

· electronic text

· graphics

· moving images

· and sound,

into a structured digital computerized environment we allow people to interact with the data for appropriate purposes.

The digital environment we include the

· Internet,

· and interactive digital television

· We have developed the a website to get the feedback of the customers which is www.soltech.com.pk

 

PULL STRATEGY:

 For Creating the sufficient consumer demand of soltech products we are using pull strategies to pull the product through the channels, that is the consumers are encouraged to demand the product from retailers who in torn place orders with wholesaler or manufacturer to meet the consumer demand. 

This is done by heavy advertisement and suitable prices of products.

 

Franchise premium & contest:

We have given our franchises to install hundred solar systems in three months and if any franchise achieves this target he will get 5% extra discount within this period

Minimum price of solar system =20000

Number of home install=100

Total target sale to achieve extra discount in first three months =Rs2000000

And we are also giving umra ticket and to our franchise who get the maximum sale during the first year. This offer include two umra tickets plus Rs30000 in cash.

Advertising Allowance:

The company is bearing all the advertising expenses in newspapers, magazines, radio, TV, billboards, transit media but to enhance of interest of our franchises we have also given a special permission to our franchises that they can make their own advertising strategy according to the local environment with complete harmony of company's overall advertising strategy to support company's objective and company will pay 50% of these expenses.

 

Coupons

For the month of February, we are distributing our free coupons in Sunday, special edition of daily newspapers like The nation, The Dawn, Express, Jung, Naw e Waqt and weekly edition of these newspaper magazine. We are providing our coupons through Spiders magazine, Reader Digest, Business recorder and Business Plus. We have also placed our coupons on large departmental stores like Metro, Makro, Pace , Alfatih, Chen one in Lahore and large departmental stores in other cities.

There are a few main purposes for the issuing of these coupons to the public First one is the customer having this coupon will get 3% discount at the purchase of solar system.

Second one is that if they do not use these coupons to purchase the solar system, they can send us these coupon on our P.O box number # 12345.

And at the end of first two months, we will held a lucky draw of these entries and will distribute five solar systems among winners. Each person can make only one entry and the person who used these coupons in the purchase of solar systems will automatically added in lucky draw.

Third one from these entries of coupons we will our database and which be helpful to us in telemarketing which we planned to start from the month of June.

 

 

Lobbying :

We have also include some renowned personalities like chairman of water and power development authority(WAPDA) to avoid conflict the between WAPDA and SOLTECH.

 

Special event management :

We also held some special events through like Jashan Bahran, mother day, Eid days, Independence day etc.

We work closely with administration of these events to organize and manage such events. We provide them solar system for the purpose of electricity and in return they allocate us a special place in which we demonstrate how solar system works. The purpose activity to create the awareness of our product among every person.

Sponsorship:

We are sponsoring the sports(cricket, football, hockey,

In cricket, football and hockey matches we sponsors digital tv screen in the ground which totally based on solar system. We are also providing PCB assistance developing new stadiums around the country. We are also providing our assistance in football and hockey.

 

Causes

The mission of the company is to alleviate poverty and protects the environment through applied research and development of renewable energy based technologies.

To support our mission, we are working in rural areas where traditional electricity is not possible to reach. We are providing electricity facilities in schools, basic health unit (B.H.U) of rural areas. And for this purpose we are working closely with ministry of health and ministry of education. We are also providing assistance in mega project of large organizations such as Shokat Khanum Memorial Hospital which works for poor cancer patients and it is only cancer curing hospital who is working at large scale. Our solar system provides nonstop electricity in specific units of SKH.

In some charity houses like edhi, Fatmi, SOS village trust we are providing free systems installation.

In large public hospitals like Jinah, Mayo, Nishtar, Victoria, we provide free solar system in the operation theatre of these hospitals.

Endorsements

Advertisers have attempted to quantify and qualify the use of celebrities in their marketing campaigns by evaluating their awareness, appeal, and relevance to a brand's image and the celebrity's influence on consumer buying behavior.

For this purpose we an endorsed Former Pakistan Cricketer Imran Khan for brand ambassadors.

 

 

 

 

 

We will place our ad in print media in two stages

In first stage, we will run an ad in print media for the span seven days to create curiosity this ad will give no idea about our product and company.

After seven days, we will launch our second ad to introduce our product. Our ad will be in this order.

Second ad will be

We will place our ad in digital media in two stages

In first stage, we will run an ad in print media for the span seven days to create curiosity this ad will give no idea about our product and company.

After seven days, we will launch our second ad to introduce our product. Our ad will be in this order.

our print media ads will used in out door media such a bill board, transit media etc. And we will use the same strategy which we adopted in print and electronic media.

 


   
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