- November 23, 2018
- Mrinmoy Bhattacharjee
“The target audience of the moving store will be tier II and tier III cities.”
Hyderabad-based industrial tools supplier Powertex has launched a one-of-its-kind Powertex Shoppe, which is an exclusive store designed to change the traditional way of selling tools. The exclusive retail format has come up in New Delhi, Hyderabad, Ahmedabad and Ludhiana, while more such stores will come up in other cities in the near future.
Powertex has also launched a store on wheels concept, a mobile van, to spread awareness and educate users about the correct use of tools and accessories. Two mobile vans have been flagged off, to begin with, one in New Delhi and the other in Hyderabad. The vans were launched on the sidelines of a conference hosted by the company recently in the Capital, which focused on trade analysis and market growth in the power tools segment.
“The target audience of the moving store will be tier II and tier III cities,” shared L N Gupta, director of the company. “We currently operate in 20 states through 400 big and small business partners. Our new initiatives – Powertex Shoppes and Mobile Vans – will help us serve more consumers, and also reach out to untapped markets,” he said.
Gupta informed that as part of its communication campaign Powertexwould be releasing explainer videos on the correct use of power tools, besides launching an app, customer care number, and service centres in many cities. The company is also partnering with ITIs to educate students on the selection and usage of power tools. “We have invested approximately Rs 50 lakh on these initiatives,” remarked Gupta.
The Powertex product range includes power tools, welding machines, garden tools, abrasives, accessories, and spare parts. “At Powertex we introduce new products based on need and future insight, besides keeping pace with new technologies.”
“Powertex is countering rampant counterfeiting in the market with high-quality packaging and scratch holograms. We have also partnered with Power Bonus, a software solution that promotes brand protection,” he informed, adding that it serves as a link between the branded supplier and end-user. “There is a hologram on the product which protects, identifies and confirms the authenticity of the product. The technology is such that it is difficult to reproduce. The customers on their part need to scratch the hologram, under which there will be a unique code that can be checked against the company’s internal database,” said Gupta about the working on Power Bonus.
To boost brand awareness, the company is using the reach of radio and social media platforms. It is active on Facebook, Linkedin, and Twitter, and carefully uses the feedback it receives through these networks. “We are promoting the Powertex brand on FM channel Fever 98.4,” said Gupta. “We also support business partners who wish to invest in setting up Powertex Shoppe with the design of the showroom and in branding.”Other marketing initiatives of the company include placing its products on e-commerce marketplaces and introducing a reward point program for customers.