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High End Bikes

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    High-End Bikes

    Dhruv SinglaSahil Sharma

    Nilish Aggarwal

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    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

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    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

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    PriceSegment In lacks

    Yamaha Kawasaki Honda HarleyDavidson

    Suzuki

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    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

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    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

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    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.

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    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

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    Promotion Through advertisements

    Print media Electronic media

    Personalities- Bollywood Sports

    Rallies Sponsors Accessories Name itself promotes the brand

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    Environmental Scanning

    Social Factors

    Reference groupFamily groupDemographicsYoung population

    Sex ratioLife style

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    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

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    Technological Factors

    Better fuel injection technology

    Inbuilt GPS

    ABS and Safety Rods

    Greater emphasis on R&D

    Electronic engines

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    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

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    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

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    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

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    Sources of Advice

    18%

    59%

    20%

    3% Sales

    family

    friends and colleagues

    I dont take advice

    dealer

    Decision Influencer

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    Preferences in High Income Group

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    Analysis

    The product gets very much accepted into theIndian market.

    Other Reasons Increasing PPP Increasing disposable income Preferences Culture

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    Queries


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