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V
V Founded : 1949(chennai)
V
V Headquarters : Chennai, India
V
V Industry : Manufacturing
V
V Products : Car tyres, Motorcycle tyres
Indian tyre industry
Farm
MHCV HCV LCV OTR
Vehicle Industrial
Vehicle
motorc
Car Scooters
ycles
Passenger Cars
Two wheelers
Heavy Commercial Vehicles (HCV)
Light Commercial Vehicles (LCV)
Of the Road Vehicles (OTR)
Farm Vehicles (FV)
Passenger cars
x
V Radial
Tyre Pattern °
Passenger cars ¦Computer generated tread block ¦Multi layered reinforced
sequence and structure profile steel belt package with
¦Cut resistant tread compounds N-66 ply enhances
ensure superior performance on performance in all
rough/off-road conditions terrains
¦Specially designed for Sports Utility ¦Bold sidewall graphics
Vehicles to give your vehicle a
distinctive look
¦Multi layer hi-modulus
carcass and sidewall for
superior driving
experience
VTM Large tread blocks Superior tyre life and
See through circumferential grooves durability
and wide lateral grooves Excellent traction and
grip in dry and wet
conditions
x
°
aVTS ¦Carcass incorporates supple ¦Supple sidewalls for
sidewalls comfort and reliability
¦Deeper tread grooves in an ¦Outstanding traction
optimised tread design and responsive braking
¦Tread deign features higher sipe capability
density and computerised tread ¦Optimum traction and a
pitch sequence smooth, quite ride
¦Premium all-season tread ¦Special polymer
compound compound provides
long-term even tread
wear
ÿarehouse/ C & F
Agent
Dealer
Consumer
V Car tyre buyer looks for reviews from
different sources such as mechanics, dealers,
OEM endorsements and also from close
friends and family. These sources hold a lot
influence over which brand of tyre the
consumer decides to buy.
V 1)The local mechanic
2)Tyre dealers
3)OEM endorsements
4)Close friends and family
V 1)£
Material quality of the tyre must be very good.
V 2)
The tyre must meet national/international safety standards
under high
V stress conditions.
V 3)^
The tyre must survive wear and tear for a decent period of
life.
V 4)á The tyre must offer improved mileage (especially true for
Radial tyres).
V 5)u The tyre grips the road firmly under all weather conditions.
V 6)O The tyre must perform well while cutting
corners and
V braking at high speeds.
V 7)ë
: The tyre must offer a smooth and quite riding
experience.
V Salesadvance scheme
V Credit Terms
V Prompt payment discount
Cash discount
Quarterly Turnover discount
V ÿe at tough are using silica instead of carbon
black
V because it will improve the
V durability of tyres.
V
V Tough has worked on replenishment of the
stock.
V
V ÿe have also brought in promotions with
offers such
V as wheel-per-deal
V áë
V
V MRF have long been leaders in the passenger car tyre
segment. By the
V virtue of their market share, they have traditionally been
price makers.
V
V MRF using the Mark UP Pricing Method
V The tyre industry being a very raw material intensive
industry, the input
costs mainly decides the price of tyres. Infact, 90% of a
tyres cost
comprises of its raw material costs. Marup pricing is the
common pricing
method followed across the tyre industry. This involves
adding a
V standard markup to the tyres production cost
V MRF has aggressively pursued a PULL á
V
V In a pull strategy the manufacturer uses advertising,
promotion
V and other forms of communication to induce the
consumers to
V demand the product from the dealers.
V MRF therefore almost exclusively concentrates °
V
V
V Compared to other tyre manufacturer, MRF pays a little
attention
V to
V üet dealer are motivated to stock MRF tyres simply
because they have
V high brand retail recall and so the customer demands it.
V
V ë
V Its leadership position, coupled with its
strong brand recall and high quality, MRF
commands the Price Maker status. MRF has
strong presence in the T&B segment, the
largest segment of the tyre industry and
commands around 19% market share in the
segment. It holds second place in the
passenger cars.
V ÿhen it comes to top of mind brand recall ,
MRF beats rest of the competition hands
down. MRF has for long concentrated on
aggressive brand promotion. Sports
celebrities and event endorsements have
been a major vehicle for their brand
promotion activities.