Date post: | 03-Jun-2018 |
Category: |
Documents |
Upload: | nilishaggarwal |
View: | 225 times |
Download: | 0 times |
of 19
8/12/2019 High End Bikes
1/19
High-End Bikes
Dhruv SinglaSahil Sharma
Nilish Aggarwal
8/12/2019 High End Bikes
2/19
Into the Market..
India being potential market for the twowheelers
Bike/Scooter Driven country
Allow 100% FDI in auto-mobile sector (July 16,2013)
Demographics Favor FurtherGrowth
8/12/2019 High End Bikes
3/19
ProductYamaha Kawasaki Honda Harley
Davidson
Suzuki
Logo
Features Electronic
suspension,chassis,handling
Powerful,
Performance,Bulky
Designed for
streets, Durable,Advancedtechnology
Cruiser,
powerful brakingsystem,comfortablehand controls
Speedy,
Compatible,ElectronicTransmission
Service Apart from freeservice, Yamahaorganize various
camps.
Service are beendone by bajajservice centers
4 free service &24hrs roadassistance
Provide BestRoadsideAssistance fuel
delivery, transferif breakdown,taxi service, etc..
6 free servicesfrom authorizedservice stations
Warranty 2year or 30000kms
1 year warrantybut can beextended
5 year warrantyor 70000kms
2 years warranty& 60 dayswarranty forparts &accessories
2 years warrantyor 30,000kmswhich everearlier
8/12/2019 High End Bikes
4/19
PriceSegment In lacks
Yamaha Kawasaki Honda HarleyDavidson
Suzuki
8/12/2019 High End Bikes
5/19
No. of models in Price Segments
0
0.51
1.5
2
2.5
3
3.5
4
4.5
< 5lacks 5-10 lacks 10-15 lacks 15-20 lacks
YamahaKawasaki
Honda
Harley
Suzuki
8/12/2019 High End Bikes
6/19
Place
Yamaha: Yamaha stores are available in all the metropolitan cities of the
country. Yamaha India mainly deals in B-segment bikes but they also took
orders for super n high-end bikes, hence got major penetration intothe Indian markets.
Outlets New Delhi Mumbai Chandigarh
8/12/2019 High End Bikes
7/19
Contd. Kawasaki
Kawasaki entered into India market with collaboration with BajajMotors.
hence exploit almost all the big store n showrooms of Bajajmotors.
Kawasaki dont have any exclusive dealer or stores in Indianmarket
Honda In comparison to all the above brands, Honda has maximum
penetration in the Indian market as far as high end segment isconcern.
Honda got his stores in almost every metro & capital city hencetargets large population, and also holds orders for super bikes.
8/12/2019 High End Bikes
8/19
Contd
Harley Davidson The American Brand using different strategy to target theirpopulation.
Harley didnt have any venture or collaboration with any of thebrand here neither have many outlets to target more people.
Harley has few lavish stores and they are flaunting it. OUTLETS
CHANDIGARH
New Delhi Mumbai
8/12/2019 High End Bikes
9/19
Promotion Through advertisements
Print media Electronic media
Personalities- Bollywood Sports
Rallies Sponsors Accessories Name itself promotes the brand
8/12/2019 High End Bikes
10/19
Environmental Scanning
Social Factors
Reference groupFamily groupDemographicsYoung population
Sex ratioLife style
8/12/2019 High End Bikes
11/19
Contd..
Cultural Factors Exert the greatest impact on buying behavior of
consumers. For eg :- As culture in North India, lavish culture has
huge impact over the consumer buying preferences,
hence high end products would be preferred so as tosupport their culture.
Political Factors
Customs Road tax Excise duty
8/12/2019 High End Bikes
12/19
Technological Factors
Better fuel injection technology
Inbuilt GPS
ABS and Safety Rods
Greater emphasis on R&D
Electronic engines
8/12/2019 High End Bikes
13/19
Economical Factors
Industry growth-
25% (2009-2010)
27%(2010-2011) The average family income has increased
Financing has become easier
Reduction in taxes and duties
8/12/2019 High End Bikes
14/19
Income groupsDeprived (< 90K) Aspirers (90K-2L) Middle Class
(2-10L)Rich (> 10 L)
Standard Publictransportationnot available.Business needs.Rural areas.
Needed for regularcommuting. Cancommute in publictransport but feelsgood in ownvehicle.
Maybe foralternatetransportoption
NA
Deluxe NA Proud to own adeluxe motorcycle.
Alternatetransportoption
NA
Sports NA Very passionateabout riding sportsmotorcycles
Medium rangesports categoryfor youngsiblings
High end sportscategory foryoung siblings
Cruiser NA NA Very passionateabout riding
two wheelers
Passionateabout riding
two wheeler
8/12/2019 High End Bikes
15/19
Consumer Buying Behavior Questionnaire
Questionnaire are been filled from youngsters ie.From friends n youngsters
Research been done on exploratory basis
Interviews
Personally taken responses from People Preferences over brand, features and interests
8/12/2019 High End Bikes
16/19
Sources of Advice
18%
59%
20%
3% Sales
family
friends and colleagues
I dont take advice
dealer
Decision Influencer
8/12/2019 High End Bikes
17/19
Preferences in High Income Group
8/12/2019 High End Bikes
18/19
Analysis
The product gets very much accepted into theIndian market.
Other Reasons Increasing PPP Increasing disposable income Preferences Culture
8/12/2019 High End Bikes
19/19
Queries