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SLOGAN HONDA official slogan is THE POWER OF DREAMS HONDA has never used its slogan to sell its products o BUT It was Mr. HONDA s belief that
MISSION STATEMENT
We see "The Power of Dreams" as a way of thinking that guides us and pushes us forward. The strength of our company comes from this philosophy which is based on the visionary principles of our founder, Soichiro Honda.
We see the world not as it is, but as it could be.We see the world through the eyes of dreamers. Because we are a company founded by a dreamer. And we are a company built on dreams.
MARKETING MIX
1.
PRODUCTS
Limited is offering different Models of Honda cars Motorcycles, generators, water Pumps in wide range of colors
CARS
Accord
CRV
Civic
MOTORCYCLES
CD-125
CD-100
CD-70
GENERATORS
2.PRICE
ACCORD: 4600000
MOTOR CYCLES
CD125 CD100 CD 70
3.PLACEMENT
4.PROMOTION
HONDA promotes its products through; Ads,billboards,tv, Sponsoring sports events Customer service Environment friendly automobiles
MARKET SEGMENTATION
HONDA has segmented its market in a way that its ACCORD &CR-V is for elite class HONDA CIVIC for upper middle class HONDA CITY for only middle class
TARGET MARKET
Honda North in particular and Honda Motor Co. Ltd. In general always has targeted upper class groups, upper middle class, and middle class& have been very successful in maintaining its target market and providing with the products of their needs.
MARKET POSITIONING
HONDA HAS MAINTAINED A DISTINCTIVE IMAGE DUE TO.. STRONG BRAND NAME UNIQUE STYLE & DESIGN COMFORT SAFETY LOGO SLOGAN THE POWER OF DREAMS
ABOUT COMPETITORS
THE MAIN COMPETITOR OF HONDA IS TOYOTA
SUZUKI TOYOTA MAINLY STRESSES ON
INCREASING THE SALES VOLUME AND BRAND NAME IMAGE SUZUKI STREESES ON THE PRICES AND IT COMPETES WITH DREAMS THERE IS A WAR OF SALES AND PRICES WITH DREAMS