Competitive Marketing Strategies of Fleet Car: Drive For Pleasure
Competitive Marketing Strategies of Fleet Car: Drive For Pleasure
Presented by:
Sumit Shah (04)
Raj Shekhar (08)
Manjitlall (12)
ORIENTATION OF THE PRODUCT
Industry – Auto mobile
Company – Vibe motors
1) Demographic
2) Psychographic
3) Behavioral
CONT’D
1) Demographic:
Age – 25 to 55 who wants to drive fast and
with comfort
Income level - middle class and middle
higher class
Family Size – 5 to 6 members
Gender – Male and Female
CONT’D
2)Psyhcographic
Interest – Performance, Look
Values - Comfortabiltiy
3)Behavioral
Benefit sought – Money, Comfort
PEST ANALYSIS
PEST analysis comes under macro environment.
CONT’D
1) Political Factors:
a) Tax Policy:
Tax Policy on car is dependent on the weight
of the car. Tax are as follows..
up to 1000 kg tax 3815
1000 to 1500 kg tax 4,880
1500 to 2000 kg tax 7020
Our car weight is 1000 so its will be cheaper
CONT’D
b) Environmental law:
Laws relating to the automobile industry are strict.
In our model we had provided the engine which
creates less carbon dioxide and make less noise.
CONT’D
2) Economic Factor
a) Economic Growth :
India – Road to recovery
Liquidity is high
b) Inflation Rate:
Inflation is high
Purchasing power is high
3) Social and Cultural Factor
I) Legal factors
a) Consumer Law:
Providing Information to the consumer
Sales person to answer the consumer.
b) Health and Safety Law:
We provide safety measures
Less air pollution
CONT’D
4)Technological Factor
a) R&D activities
b) Automation
c) Technological
PORTER’S FIVE FORCE MODEL
CONT’D
1) Competitive rivalry within the Industry:
Competitors: Volkswagen, Fiat, Toyota,
Mahindra, Maruti, Tata, Hundai
a) Exit barriers are high
Gender (male/female)
Social class
PSYCHOGRAPHIC FACTOR
Behavioural factors
POLICY CHOICES
two liters petrol free in every three months above from 5000 km.
Purchase could be in 3 installment if anybody wants to purchase
it in installment.
Location factor:
In Gujarat near Vishnagar because of tax rate ,labor cost
availability of raw material.
OFFENSIVE AND DEFENSIVE
COMPETITIVE STRATEGIES
Offensive : increasing maximum market share cost +
profit
Defensive: capturing competitors market share by
maximize the sales.
MAIN CONFRONTATION STRATEGIES
Flanking attack: for our product the franking attack
would exist by providing the no. of service station in
each dist.even the parts would be supplied to the local
mechanics by different sales man.
Gorilla attack: vibes motors is going to provide
different car accessories worth rs 3500 at free of cost.
VIBE’S NICHE MARKETING STRATEGY
What is Niche Marketing?
Niche marketing means to find a specific part of a
general market for the service or product that you
offer. Its main aim is to fill up a space in the market
place.
Vibe motors will also come with a mass produce hybrid car,
that will support the environment and will environment
friendly car. So vibe motor didn’t just produce the car to fill up
the marketing void. It will also come up with effective niche
marketing plan.
CRITICAL ISSUES AND CHALLENGES
CRITICAL ISSUES:
COST REDUCTION
SUSTAINABILITY: HOW TO SUSTAIN FOR LONG TIME WITH
MAJOR COMPETITOR.
POLITICAL ISSUES: IF GOVT CHANGE IT WILL EFFECT US.
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