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Successful brand Unsuccessful brand

28 de Jan de 2021
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Successful brand Unsuccessful brand

  1. Presented by- Ashish prashar (Pharmaceutical Management)
  2.  Toyota Motor Corporation is a Japanese multinational automotive manufacturer headquartered in Toyota city, Japan  The company was founded by Kiichiro Toyoda in 1937, as a spinoff from his father's company Toyota Industries to create automobiles
  3.  Lean manufacturing and continuous improvement.  Unique Marketing strategies.  Proper Market Segmentation.  Customer Satisfaction is top priority.  Integrated manufacturing units
  4.  Toyota Motor Corporation (TMC) is a widely recognized car manufacturer in Malaysia and around the world. Currently, Toyota is the top carmaker in the world, beating their closest rivals, General Motors in both production numbers and sales 1. Demographic Segmentation 2. Psychographic Segmentation
  5.  The company has a keen focus on developing a clean energy car.  In 1997, Toyota launched the Prius ,the first mass produced hybrid car, for $19,995.  Prius hit showrooms in 2002, dealers had already received 10,000 orders.  The Prius family totaled global cumulative sales of 6.1 million units in January 2017, representing 61% of the 10 million hybrids sold worldwide by Toyota since 1997.
  6.  Product Customization –Provides a whole range of customization options.  Fuel Efficient – Produces fuel efficient machines.  Design and Quality –Aims at producing eye catching design and best quality products.  Safety, Reliability and Durability – Fulfills all the mentioned criteria's.  Product Mix – This element of the marketing mix identifies organizational outputs for the target customers. The following are the product lines in Toyota’s product mix:  Toyota automobiles  Lexus automobiles  Welcab series  Marine products  Spare parts and accessories  Engines
  7.  The company aims at lean manufacturing and continuous improvement. It has well equipped plants which can make large number of vehicles simultaneously to increase the pace of production.  The company follows a Value based pricing strategy which focuses on market competitors and conditions
  8.  The main target is to provide access of products at places where targeted customers can easily access it.  Chains of dealership and retailers are main distribution channels across the globe.  The company has integrated its manufacturing line into single giant network to cater the needs of local markets and distribute it through its channels.
  9.  In India, the company works in a joint venture with Kirloskar Group.  Toyota Kirloskar Motor is a subsidiary of Toyota Motor Corporation of Japan (with Kirloskar Group as a minority owner), for the sales and distribution of Toyota cars in India. It is currently the 4th largest car maker in India
  10.  Customer satisfaction is main priority of the company. There were many times when they called back certain vehicles due to minor problems in them.  To satisfy the needs of each segment of customers, the company manufactures a whole lot of different products ranging from luxury segment, SUV’s, MPV’s, Vans and pickup trucks.
  11.  Following are main channels of product promotions –  TV ads, newspapers, social media, websites etc.  Personal sell through dealerships.  Individual customer interactions
  12.  United States – Let’s go places!  Japan – Fun to drive, again  Indonesia – Let’s go beyond  Malaysia – All about that drive  Singapore – Always better  Philippines – Moving forward  Thailand – Mobility of happiness  Bangladesh – The amazing  India – Quality revolution
  13. Unsuccessfull Brand TATA NANO’s
  14.  The Tata Nano was introduced at the 9th auto expo by Tata Motors in New Delhi, India on Jan. 10,2008.  Car delivery to customers started in July,2009.  Tata Nano is made for medium class family , it is small, affordable and stylish cars.  The car itself is expected to boost the Indian economy as well as the Indian car market expanded by 65%, according to rating agency CRISIL
  15.  2010 :- business standard motoring Indian car of the year  2010 :- Bloomberg UTV-auto car of the year  2010:- Edison awards, first place in the transportation category  2010:- Good design awards  2014:- India's most hatchback car according to The brand trust report 2014
  16. Strengths  Brand name(TATA)  Low cost  Fuel efficient OPPORTUNITES  Large market for selling  Awareness in the market  First car in low range  can hit in global market WEAKNESS  Low power  Not a status symbol  limited features THREATS  Company rival  Not sure to hit in rural and semi-urban areas
  17.  Positioning  The target customers for Tata Nano were lower and middle income people, who aspires to upgrade to 4 wheelers from 2 wheelers  Tata motor’s tried to focus on the price factor developed “Price Positioning Strategy” for Nano.  Tata Nano tried to position itself as the most affordable car in the world  The former chairman Mr. Ratan Tata has envisioned Nano to become a People’s car  Doesn’t have enough space  Auto Rickshaw and cab drivers are looking Nano as an alternative.  Can’t take rough roads
  18.  Not suited at all to be used in hilly terrains  There were incidents of car engine catching fire and excess of heating  Engine used to make a lot of noise and people even started comparing it with an auto  Interiors were dull with insufficient leg space  The entire body of Nano was very light and would get spoilt even if slightly bumped
  19.  It was promised and also publicized as to be the 1lakh rupee car of the Indian market.  When it came for selling it costed around Rs, 25 thousand more
  20.  Instead of becoming the Smart car of the Indian Market, it became the “The Cheapest Car”.  Car is regarded as a status symbol for the customer.  The USP of the Tata Nano “The car for every Indian” ideally worked against it
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