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Motorcycles in India date back to the year 1955, when the Government of India required strong, rough, and tough motorcycles for the Indian Army and the police force in the western part of the country which had a rough and craggy terrain.
The 350 cc 'Bullet' manufactured by the Royal Enfield Company of United Kingdom was the first batch of motorcycles in India.
The segment of motorcycles went through a tremendous change in the 90s.
The main cause of the growth in the segment was the fuel efficie
Motorcycles in India date back to the year 1955, when the Government of India required strong, rough, and tough motorcycles for the Indian Army and the police force in the western part of the country which had a rough and craggy terrain.
The 350 cc 'Bullet' manufactured by the Royal Enfield Company of United Kingdom was the first batch of motorcycles in India.
The segment of motorcycles went through a tremendous change in the 90s.
The main cause of the growth in the segment was the fuel efficie
Motorcycles in India date back to the year 1955, when the Government of India required strong, rough, and tough motorcycles for the Indian Army and the police force in the western part of the country which had a rough and craggy terrain.
The 350 cc 'Bullet' manufactured by the Royal Enfield Company of United Kingdom was the first batch of motorcycles in India.
The segment of motorcycles went through a tremendous change in the 90s.
The main cause of the growth in the segment was the fuel efficie
Indian Markets Submitted by Snehil Singh (65) Fr. Pravash Joseph (73) Sayan Mitra (81) Soumya Banerjee (84) Sudipta Mukherjee (91) Introduction Motorcycles in India date back to the year 1955, when the Government of India required strong, rough, and tough motorcycles for the Indian Army and the police force in the western part of the country which had a rough and craggy terrain. The 350 cc 'Bullet' manufactured by the Royal Enfield Company of United Kingdom was the first batch of motorcycles in India. The segment of motorcycles went through a tremendous change in the 90s. The main cause of the growth in the segment was the fuel efficient 4 stroke engine. In the present scenario, the motorcycles in India constitute for 81.5% of the total Indian two-wheeler market. Major Players in the Present Market Present Market Position Marketing Strategies by Competitors Road development of sub urban & rural places Increasing population Increase in service sector Increase in fuel prices Parking problems in urban areas Affordable transport for new job goers Govt subsidy for “Make in India” products Lack of safety tools Product The first of the Four Ps of marketing is product. A product can be either a tangible good or an intangible service that fulfils a need or want of consumers. Whether you sell custom pallets and wood products or provide luxury accommodations, it’s imperative that you have a clear grasp of exactly what your product is and what makes it unique before you can successfully market it. Price Once a concrete understanding of the product offering is established we can start making some pricing decisions. Price determinations will impact profit margins, supply, demand and marketing strategy. Similar (in concept) products and brands may need to be positioned differently based on varying price points, while price elasticity considerations may influence our next two Ps. Promotion
We’ve got a product and a price now it’s time to
promote it. Promotion looks at the many ways marketing agencies disseminate relevant product information to consumers and differentiate a particular product or service. Promotion includes elements like: advertising, public relations, social media marketing, email marketing, search engine marketing, video marketing and more. Each touch point must be supported by a well positioned brand to truly maximize return on investment. Place
Often you will hear marketers saying that
marketing is about putting the right product, at the right price, at the right place, at the right time. It’s critical then, to evaluate what the ideal locations are to convert potential clients into actual clients. Today, even in situations where the actual transaction doesn’t happen on the web, the initial place potential clients are engaged and converted is online. Compulsory ABS across all the ranges Great Looks with an option of making full “flaring” bikes Our Product Bigger seats for extra passengers Customization differentiation Advanced speedometer “Indian Motor Mobile Holder Company” Under seat mobile/laptop charger Security Locking System MRF Tyres Pricing below Rupees 90000 24 Hours Servicing CONCLUSION Today the industry has flourished with Indian manufacturers achieving huge fan following all over the world. Hero Motorcorp has become the world’s largest manufacturer of two-wheelers. Why do people prefer 2-wheeler. There exists a strong correlation between urbanisation and scooter purchase. Utilitarian vehicle. Last words.