2. Agenda
• Overview of Indian Tyre Industry
• Segmentation of the Industry
• Prominent B2C and B2B Brands
• Ways of Segmentation and their Prominent Brands
• Segmentation in B2B
• B2B Buying Behaviour
• Marketing Mix
• SWOT Analysis of MRF Tyres
• Recommendations
3. Overview of Indian Tyre Industry
Apollo Tyres
20%
JK Tyres
14%
TVS Srichakra
4%
CEAT
12%
MRF
28%
Birla Tyres
7%
Goodyear
3%
Others
12%
MARKET SHARE OF TYRE INDUSTRY(%)
Source- Annual Reports of the companies
4. Segmentation of the Industry
Replacement
Market
48%OEMs
46%
Export
6%
Segmentation(%)
Replacement
Market
OEMs
Export
Source- Automotive Tyre Manufacturers’Association
(ATMA)
B2B = OEMs + 49% of Exports = 49%
B2C = Replacement Market + 51% of Exports = 51%
5. Prominent B2C and B2B brands
Source: Annual Reports of the companies and Dealers and
Distributors
B2C
BT 112
SUPER MAX
B2B
HCL
SUPER LUG
XT7
B2C
ZAPPER
NYLO GRIP
TERMINATOR
B2B
TERMINATOR
WANDERER
ZIGMA
B2C
ACELERE
AMAZER
UX1
ZVTV
B2B
ACELERE
ULTIMA NXT
ZEC
MCWG HMVLMV
20. Promotion
MRF TYRES APOLLO
TYRES
CEAT JK TYRES
TAGLINE Tyres with
muscles
Go The Distance Born Tough The tyre that
never tires
ADVERTISING
STRATEGY
Ads at Petrol
Pump, Car and
Bike Showrooms
Campaigns
attracting youth
Focus on youth
through seminars
and campaigns
Ads by
multimedia and
prints
BRAND
AMBASSADOR
Gautam Gambhir Mahesh Bhupati
&
Radek Stepanek
Irfan Khan Armaan Ebrahim
Source: Official websites of Tyres
21. Tie-ups of MRF Tyres with
• Maruti
•Mahindra and Mahindra
•TATA Motors
•General Motors
Tie-ups of CEAT Tyres with
•TATA Motors
•Mahindra and Mahindra
•L&T
•Hero Honda
Tie-ups
Tie-ups of APOLLO Tyres with
•Audi
•Fiat
•GM
•Hyundai
Source: Official websites of Tyres
22. Positioning for B2B Institutions
Product
• HCV & LCV tyres.
• Passenger Cars & 2-wheelers tyres.
Promotion
• MRF promotes its tyres as tough,reliable and high endurance
for Truck & Bus manufacturers.
• It promotes its tyres for passenger cars and 2-wheelers as
high quality and high performance tyre manufacturer.
• MRF uses pull marketing strategy for its dealers.
Price
• List price for standard products.
• Competitive Bidding and Negotiated Prices.
Source: Expert Interview
23. •Improved capacity utilization and
overall cost efficiency.
•Reliability and Durability.
•Product Innovation.
•Customer focus.
•Strong distribution network.
•High importance to R&D and
conservation of energy.
•Volatility of prices of rubber and
crude oil.
•Steep inflow of inferior Chinese
tyres.
•Low liquidity and high interest
costs.
•Volatility in industrial relation.
•Rising Rubber Price.
•Existing and potential growth of
automobile industry.
•Government’s focus on
development and infrastructure.
•Reduction in interest of loans.
•Change in the tyre patterns of
commercial vehicles from bias to
radial patterns.
STRENGTHS
WEAKNESS
OPPORTUNITIES THREATS
SWOT Analysis of MRF Tyres
Source: Expert Interview
24. Recommendations
• Focusing on increase in production at par with the growing
automobile industry
• Increasing acquisitions and accelerating its franchise
programs worldwide
• Tackling competition from the Chinese market through dealer
push
• Spending more on advertisement and promotion through
safety videos
• Enabling huge investment in R & D
• Introducing a new variants like cycle tyres