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LAUNCHING A NEW
PRODUCT
INDUSTRY-PASSENGER CARS
GROUP-1
ANCHAL SHARMA (113009)
SURYA SAXENA (113051)
AKSHAY GROVER (113006)
BHAWNA SHARMA (113011)
SACHIN GARG (113040)
RAHUL SONI (113035)
CONSUMER SURVEY
O n a n a l y z i n g t h e d a t a f r o m t h e s u r v e y,
Needs of consumers:
Fuel Efficiency
Cabin Space
Low Maintenance Cost
More Boot Space
Infotainment System
Miscellaneous features: Security features-ABS, Airbag,
Auto-climate Control, Automatic transmission
PREFERRED CAR BRAND
Honda comes across as the most desirable car brand due to the halo effect of the
resounding success of the Honda City (an entry level sedan) in the Indian market.
Apt for Honda to leverage the brand’s aspirational value and launch an affordable
hatchback targeted at the mass market and position below its premium hatchback
Jazz in terms of pricing
LEVEL OF RESEARCH DONE BY
CONSUMERS
THE TOP THREE FACTORS WHICH
INFLUENCE PURCHASING DECISION
Price
Brand Name and after sales service
Financing options
WHY PURCHASE THE PRODUCT
(HATCHBACK)?
Daily commute to workplace, college etc.
Purchase Decision: - Once, the car buyer concludes the research and evaluation of the
alternatives, he/she proceeds with the final purchase decision and buys that car which
meets his/her criteria most effectively.
Post Purchase Behavior: - The post purchase behavior of a car buyer is determined by
the ease of availability and expenditure on after sales service.
ROLES IN THE PURCHASE PROCESS
BASIC NEEDS:-
Fuel Efficiency
Cabin Space
Maintenance Cost
Safety & Comfort
Clustering
Cluster 2: Those who look for extra features
Cluster 1: Those who look for basic features
Demographics
Demographics
Age: 22-32
Age: 23 to 32
Gender- Mostly male
Gender- majority are male
Family Size- 4-5
Family size- of 4-5
Income- between 8-12 lakhs
Income- 4-8 lakhs.
Lifestyle
Lifestyle
more outdoor oriented
travelling more than 100 Km a
day looking for Roadside/On call service
assistance , Service Centre network
Service class, Middle class
Middle, higher-middle, upper class
Looking for After Sale Services
Majority of them prefer petrol over diesel
Media habits:
Media habits:
High level of engagement in
traditional media i.e. through Very high level of engagement and
TV at home and social media. responsiveness on social media platforms
and TV Network
Low level of engagement
and responsiveness on print Low level of engagement on traditional
media. media sources like newspapers.
Targeting
Introducing…..
COMPARISON WITH COMPETITION
Maruti Swift Hyundai Grand i10 (1.2 Honda Flair
(Lxi/Ldi) Era)
Expected
Basic
• High Fuel Efficiency
• Low maintenance Basic
cost • Safety
• After Sales Services • Comfort
• Easy Commuting
Core
Core
• Mode of
Transportation.
POSITIONING
Identifying Target Markets
The primary target group is the 23-35 age group- students and young working professionals
Who demand-
Fuel Efficiency ,After Sales Service, Infotainment System, Safety (Airbags, ABS,
EBD etc.)
Cruise control (Eco and City), Auto Climate Control, AMT gearbox
wheel base covers, spoilers, roof rails, chrome finish grille, body paint coloured
door handles.
The other target group-people in the middle age who intend on buying a second car which is
more budget friendly. key features they seek:
Fuel Efficiency, After Sales Service, Safety (Airbags, ABS, EBD etc.)
BRAND MANTRA: Fun, Exciting,
Utilitarian & Affordable Hatchback.
Feature-loaded hatchback, offering good value for money and targeted at the
masses.
Points of Parity (P.O.P.s):
Fuel Efficiency
Low Maintenance Cost
Good After Sales Service
Basic Safety Features
Points of Difference (P.O.Ds):
Aesthetic features such as DRLs, roof rails
Comprehensive Security Features (including ABS & EBD as standard)
Convenience Features (Cruise & Climate Control, Automatic Gearbox,
electronically foldable ORVMs etc.)
CREATIVE STRATEGY OF
COMMUNICATIONS:
PHASE 1: TEASER CAMPAIGN
Visuals depicting just the silhouette, headlamps/DRLs and the taillights of the car.
Campaign to be launched across multiple media channels including TV,
Outdoors (Billboards), Print (Newspaper) and social media.
Small Honda Kiosks (automated) at strategic locations receiving high footfall
(malls, metro stations etc.) that shows the teaser ads to engage people with the
help of tablets.
PHASE 2: UNVEILING CAMPAIGN
Visuals unveiling the exterior and interior of the car and the
distinctive features such as Automatic Transmission, DRLs,
Infotainment system etc. and declaring the opening of Bookings.
Campaign to be launched across multiple media channels
including TV, Radio, Outdoors (Billboards), Print (Newspapers,
Magazines etc.) and social media.
Larger Honda Kiosks with a display car at strategic locations such as
malls.
Sponsoring events that attract the primary TG (youth) such as music
concerts, food festivals etc.
PHASE 3: INFORMATION DISSEMINATION