honda by chitkara business school students
DESCRIPTION
MBA students of Chitkara Business School presenting PO Analysis of HONDATRANSCRIPT
PROMOTIONAL OPPORTUNITY ANALYSIS
HONDA SALES BY REGION
HONDA MARKET SHARE IN PASSENGER CARS INDIA
Market communication of Honda
• Projection of image as most reliable, advance technology , eco friendly cars.
• Careful and precise in advertisements• Motivation• Good Display for impulse buyer• Print media- national magazines and newspapers.• Surprise elements during the launch of every
model.• Trade fare and exhibitions • Sponsorships
( H y p e r l i n k )
Advance Techno logy
Honda ' s Env i ronment Fr iend ly Techno logy
COMMUNICATION STRATEGIES
ADVERTISEMENTS
SEGMENTATIONSegment Maruti Hyundai Tata Honda
Small M800,Alto Santro Nano
Premium Small A-Star, Ritz I-10 Indica
Mid Size Swift I-20 Indigo CS
Premium Mid Size Swift Dezire Accent, Getz Indigo Manza JAZZ
Executive SX-4 Verna CITY
Luxury Sonata, Embera ACCORD
SUV Grand Vitara Tucson,Terracan Safari CRV
Failure to tap Wealth at Bottom of Pyramid ::
But HONDA has emphatically failed to capitalize India's vast middle class
COMPETITORS COMMUNICATION STRATEGIES
• Brand endorsement through celebrities.• Customerization and customer value.• Frequent ads in between major shows.• Sponsorships- Sports, Events.• Focusing on Rural Market.• B To G
OPPORTUNITIESSmall car segmentExport2009-10 Hyundai motors India export shots up to
1,62,237 units. Ford India invest US$ 500 million for domestic and
export purpose GM plans of exporting 50,000 cars manufactured in
India by 2011.According to bloomBerg, In 2009 , India surpassed
china in exports .
Strong engineering base Diesel segmentBio-fuel segmentsSponsorships- sports, eventsAlliances are the best opportunitiesGovernment sponsors stimulus packageBig market – domestic and abroad SIAM estimated the growth rate of 10% to
14% in automobile sectorStrong R&D
Contd….
B 2 G Strategies In SUV segments companies are not offering any products and proposalsLiberal policies of G.O.IEasy loan options Reduction in excise duties Low interest ratesBaby boomers
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