Strategy Adopted RENAULT KWID: A STRATEGY TO BEAT COMPETITION IN INDIA Renault entered India in 2005 with a joint venture with a Indian automotive company Mahindra & Mahindra. This joint venture didn’t stay long and Renault chooses to go alone. In 2008 Renault-Nissan alliance signed a MOU with Tamil Nadu government to set up an automotive manufacturing plant near Chennai. Renault invested approx USD 750 million in the plant to build a capacity of 480,000 units of cars annually. Renault commenced sales in May 2011 with the high end model Fluence sedan. Later on Renault launched other six models in next four years by 2015. All these seven models mostly covered all the segments of Indian market from initially covering high end sedan, then followed …show more content…
For a very long time Europe remained most strategic geographic location for Renault’s car market. Because of huge competitors and saturation in European car market, Renault find low growth in these geographies and to main its high growth prospects Renault required to move towards new fast growing markets. Thus BRIC (Brazil, Russia, India and China) had thus become strategic geographies for the development of the group. Therefore in 2005 Renault entered India with a JV. Renaults Indian strategy was first to establish itself as a premium brands in the market with the first set of cars launched were Fluence & Koleos in mid 2011 and later extend this image to smaller and less expensive models. Model Fluence was a mid-sized sedan with a price of INR 13 lakh competing with Volkswagen Jetta, Honda Civic and Chevrolet Cruze. However model Koleos was a SUV with a price of INR 22 lakh and competing with high end SUV cars such as BMW X1 and the Honda …show more content…
However design of Kwid is inspired from the SUV, it will easily accepted by the people those have liking for the high end SUV’s. Renault group has a presence in 125 countries and sold 2,712,432 vehicles worldwide in 2014. As a result of this international strategy, Renault used to create cars which can cater to different regions. Kwid is one the such cars in the portfolio of Renaults which is strategically build close to Its market. Renault Kwid is build with the help of three design center around the world i.e design center in France, Korea and India. Renault group always take account of local parameters like Economic conditions of local customers, Road conditions, Product life expectancy, After sales service cost and facility and Environment conditions when designing and adapting its products to meet requirements. More than ever, the emerging young middle classes see mobility as a way to escape the constraints of the public transport system, gain a degree of freedom, display their social success and have a safe means of transport for their
They worked with suppliers to re-engineer the car parts to be used on different models and thereby to reduce the complexity and cost to manufacture their cars. Furthermore, Allegro Automotive is expanding their market reach by building a manufacturing facility in the United States to take advantage of new tax laws. They are expanding into new markets by building electric cars as well as traditional fuel platforms. In order to become more responsive to changes in the industry, Allegro found it beneficial to bring the design experts and the safety testing team together.
Cars are the most important products in the modern lifestyle. Whether it’s going to work, school, the mall, or even your friend’s house, it’s likely that you will be using a car to get there. I’m sure everyone here has a car, and I’m also sure everyone here will be buying another car in the future. Whether you want a car that can fit a large amount of people, or a sports car that can go extremely fast, an electric car will almost always be the best option for you.
5. City is under Smart City Initiative by Government & hence moving towards “Intelligent Transport System” encourages Automations in Car’s. 6. Government focusing on Green Energy, Hence subsidy opportunities for Battery Vehicles. Economic Factors: 1.
2.2 Industry Analysis - Porter’s 5 Forces Analysis Threat of Substitutes Bicycles and services from unknown manufacturers can provide huge substitution threats. Just as alarming for bicycle manufacturers is the internet: it is developing as an excellent medium for cheap marketing services. The price that consumer are willing to pay for a product is depends the quantity and the availability of substitute products. When a close substitute for a product is exist, industry profitability is suppressed because consumer will pick out if the price are high. Example consumer will compare the price of other bicycles with this bicycle in terms of quality and appearance, a customer can easily get another bicycle which is less difference but in more cheaper
The Marketing Strategy Behind the Success of Chanel’s N˚5 Fragrance INTRODUCTION Gabriell (Coco) Chanel founded her company in 1913 in Paris, France. The main profile of the company at the beginnings was fashion design by Chanel herself from 1910 to 1971. She was a real innovator on the market.
The advancement of automobiles over time has directly affected the advancement of society as a whole. Society relies intensely and increasing on private motorized transport, vehicles are expected to become safer, more luxurious and powerful. These expectation, however do not take into account of the ensuring consequences such as greater emissions of air pollutants and greater exposure of people to hazardous pollution that causes serious health problems. All the evidence points to the magnitude of these adverse effects on health and to the need to identify solutions that both reduce risks to health and meet the requirement for mobility. This creates a major challenge to the governments, public health organizations, environment authorities and most importantly to the design engineers.
2.0 Introduction Starting with branched out from Binariang GSM Sdn Bhd as a subsidiary, Maxis Communiations Berhad (Maxis) is a service provider company for telecommunications and internet technology in Malaysia. It was begun in 1995 where the company used the dialling prefix identifier of ‘012’, ‘014’ and ‘017’. The company offered 900 and 1800 MHz Global System for Mobile Communications (GSM) band. After that, the company uses the 2100 MHz Universal Mobile Telecommunications System (UMTS) band in July 2005. Besides, Maxis was the first to introduce 3G services in this country.
From this popularity, manufacturers have continued to make improvements in order to give rise to the most appropriate models. As a result, different electric vehicle model types which are unique and autonomous have been birthed. Today, individuals could get customized electric vehicles reflecting their tastes, preferences and needs. Electric vehicles have undergone rigorous safety tests just like the other vehicles powered by fuel.
Name: Jasmit Singh ID: J13013948 Section: DB 4 Lecturer: Ms Lingkeswari Table of contents Content Page Introduction 3 Market segmentation 4-5 Product strategy 6-7 Pricing strategy 8 Place strategy 9 Promotion strategy 10 Conclusion 11 Reference 12 Introduction BMW (Bayerische Motoren Werke AG) is a German automobile company which was founded in 1916 and is headquartered in Munich, Bavaria, Germany. BMW is now one of the largest car manufacturer in the world for its exceptional level of quality and producing cars with sporty driving characteristics. The BMW company 's slogan in English is "The Ultimate Driving Machine" or Sheer Driving Pleasure" which was originally translated from German slogan which is
BMW The 7-Series Project (A) AGENDA 1) Abstract/Executive Summary 2) Problem Statement 3) Case Analysis 4) Alternative Solutions 5) Recommendations 6) Limitations 7) Appendix Abstract/Executive Summary • To explore the BMW decision about how to manufacture the Prototype vehicles. • Previously, BMW prototypes were handcrafted at the company by skilled artists. • There is a proposal to change the process and make prototypes inorder to better understand the issues that may arise during final production phase.
Introduction Adidas is a German multinational corporation and it is one of the largest companies in the sporting goods industry. Adolf and Rudi Dassler promoted Adidas in 1949 and it was named after its founders 'Adi ' from Adolf and 'Das ' from Dassler. The company offers its products through three main brands: adidas, Reebok and TaylorMade-adidas Golf. The company operates through more than 170 branches across the planet in Europe, the US and Asia, each focusing on a particular market segment. The company designs and manufactures shoes, clothing and accessories.
The customers of Mercedes Benz look for products that have certain benefits that hold value for them. Therefore, in terms of benefits sought, they seek for high-end integrated technology and functioning of the car, along with consistency in performance and most importantly they will look to purchase cars that will offer high sustainability and reliability. The Mercedes is purchased among customers that heavily use the product on a daily basis. As mentioned in the demographics segmentation section that people who purchase these cars are in the high income class group, which means that these customers will regularly use a mode of transportation to travel to workplaces.
but it’s hard to make it happen and make everyone to use it because it run slower and few distance than normal car. Now a day fuel is more expensive and most making carbon dioxide in human activity [ 1] and electric car is developed enough to run on the road like normal car that we can see on the road. Thesis Statement: The Electric car have several features that make it as the future of every car. Body1 Topic sentence: Electric car did not make pollution. Support idea: zero pollution Support detail: It use electrical energy instead of fuel that not making carbon dioxide to the air or any pollution to the nature.
AMITY UNIVERSITY, AMITY SCHOOL OF BUSINESS, NOIDA, UTTAR PRADESH PROJECT REPORT ON: “MARKETING STRATEGIES OF ‘CADBURY’-MONDELEZ INDIA” SUBMITTED TO: DR.SUPRIYA JHA ASB, AMITY UNIVERSITY, NOIDA, UP SUBMITTED BY: ADITI GUPTA BBA – CO7 A3906413041 SUMMER PROJECT REPORT ASB, AMITY UNIVERSITY, NOIDA, UP OBJECTIVES OF STUDY To study about the company’s marketing objectives. To study company’s variety of products. To overview company’s competitors. To study its marketing strategies: communication strategy, distribution strategy and pricing strategy.
Strategic marketing is a broad and practical subject which included the concept of marketing subjects of previous semesters such as business marketing. The study of this subject has contributed to marketing knowledge in many ways, as well as it has strengthened my skills in application of marketing concepts. My knowledge was increased that I was able to develop a complete strategic marketing plan of not only on the part of marketing analysis or strategy of a product or service, but also the whole corporate plan. My skills and capabilities that were developed and integrated during lectures and tutorials include the analytical skills, coordination skills, presentation skills, organization skills, etc.