Tata Nano Case

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The prime aim of the research is to deduce the impact that marketing and positioning has on customer purchasing decision in the automobile industry. The research considered the case study of Tata Nano, and comprehended the reasons for the car to be a marketing failure. The other objectives of the study are:
• To establish a relationship between marketing, product positioning and sales in the automobile industry
• To examine the processes that were adapted to market Tata Nano
• To scrutinize the impact that the marketing and positioning strategies of Nano had on the Indian customers
• To recommend effective marketing and positioning strategies to Tata, to help the firm report an increase in sales of the Nano

1.4 Research Questions
Following …show more content…

Customer value is central for the survival of any organization and calls for the competence to “out-think” and “out-value” the competitors, thereby gaining competitive advantage through marketing strategies. The customer value is the positive residual difference between the total benefits and the total costs. The purpose of all marketing activities is to satisfy customer needs and wants through maximization of the value delivered to them. In the modern market scenario, where firms are competing for market share rather than profitability, it is rightly deduced that marketing has a crucial role to play. In fact, it needs to be inter-woven in all business functions and across the …show more content…

the low-income consumers and found that in developing economies, nearly 50% of the purchasing power resides in this segment and major expenditure is on food, housing and household goods. Subrahmanyan & Gomez-Arias (2008) analysed the consumer behaviour of BOP consumers and concluded that regardless of the limited income and resources, BOP consumers aspire not to meet their survival and physiological needs but also meet their higher order needs for developing social capital for cultural motives or as compensatory mechanism. From this psychological approach, Kraus & Stephens (2012) view social class as the catalysts of shaping the basic facets of the self and patterns of relating to others. Thus, it will obviously influence the buying behaviour as well. Srivastava (2013) studied the consumer behaviour of usually lowly priced FMCG goods in India and found

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