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Livfast launches a range of inverters with 25% faster charging and 25 % extra battery backup
Updated on : 25 January 2019
LivFast, one of the leading power specialists in India with a widespread portfolio of power backup solutions, launches a unique range of inverterswith 25% faster charging and batteries with 25% extra battery backup. These fast charging inverters can also charge on voltage as low as 90V. The company which comes under SAR Group deals in automotive batteries, inverters, inverter batteries and solar applications. With an ever growing industry, LivFast comes at an opportune time to explore the scope of market innovation in a segment which has 1.5 lakh retailers and branch out with novel advances.
LivFast seeks to expand its product portfolio with stabilizers and solar-powered batteries wherein, the projected turnover of FY 18-19 is Rs 700 crores. With a strong focus on research and development, the company has spent Rs 10 crore for finding new ways to understand the need of the consumers in this category. The company has an illustrious hold on distribution channels, profiting from the Group’s heritage of 30 years. Benefiting from the same, LivFast plans to have around 25,000 outlets pan India by March 2019. SAR Group’s channel strength and past association also has the potential to influence a promising growth trajectory in northern and southern parts of India.LivFast has launched its products in in a glittering ceremony at Hotel Le Meriden on 25thJanuary 2019 in the presence of partners.
To take this product offering forward, the company has also released a 360 degree marketing campaign ‘Faster Hai to Hai’ which covers digital, TV and BTL along with their new brand ambassador MS Dhoni. Conceptualized by Famous Innovations, the campaign seeks to establish as the fastest inverter in the market. The creative route for the TVC and digital films comprise of three narratives putting Dhoni through a series of unusual speed tests against other professional fast people (a skipper, a clapper and a floss dancer) to illustrate the fact that ‘when something is fast, it is fast’, further bringing the focus on the product line’s core messaging and USPs.
The company intends to focus in Tamil Nadu with a strong network of 15 distributors and 2500dealers.
Speaking on the launch, Mr. Rakesh Malhotra, Founder, SAR Group remarked, “We at LivFast are looking forward to exploring greater opportunities by entering the inverter &inverter battery segment by providing 25% faster charging and 25% extra battery backup. By tapping on to unexplored inventions and innovations, LivFast promises to cater to contemporary consumer needs with a modern finesse. Having said that, LivFast is a beacon of path-breaking designs and technologies in the sector which aims to become a leader in the markets across the country.”
Commenting on the launch, Mr. Navneet Kapoor, Chairman, SAR Group said, “With brand and expansion strategies in place, LivFast has minutely studied consumer preference and changing trends. The new journey will place LivFast as an astute market player which will benefit from the Group’s extensive trade relationships.”
Speaking on the marketing strategy,Mr. Gurpreet Singh Bhatia, CEO, LivFastsaid, “With a 360-degree marketing campaign in place along with our collaboration with legendary cricketer MS Dhoni as a brand ambassador for the TV campaign, it will robustly weigh-in mass retail level visibility. The unique proposition of LivFast inverters being able to charge faster by 25% and batteries being able to provide 25% extra battery backup, we seek to establish LivFast as durable, high-performing, stylish and yet modern inverters which provide solutions to consumer needs and challenges.”
You can view campaign and TVC here:-
• https://www.youtube.com/watch?v=P7RN8tREB_M
• https://www.youtube.com/watch?v=4Zd6dor7w-A
• https://www.youtube.com/watch?v=ddm1RE2Tm8g
About LivFast:
LivFast is a leading power specialist in India with a widespread portfolio of power back up solutions such as Automotive Batteries, Inverters, Inverter Batteries and Solar Applications. It strives to be constantly innovating to make lives across the country easier for their consumers. Their core essence is asserting control on a fast-paced life. They aim for relevant, dependable, smart, and cool solutions to the demands of their consumers.
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