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Presented by:- ABHISHEK DAVE (147110592001) AJAY BHOI (147110592002)
Group No.:- 1
Submitted to:- Parul Institute of Management & Research
HONDA
PROMOTIONAL OPPORTUNITY ANALYSIS
HONDA PROFILE Native name:Honda Giken Kogyo Kabushiki-gaisha
Type: Public (K.K.)
Industry: Automotive Aviation Telemetric
Founded: Hamamatsu, Japan (October 1946, Incorporated September 24, 1948; 66 years ago) Founder: Soichiro Honda Takeo Fujisawa Headquarters: Minato, Tokyo, Japan
Products: 4,110,000 vehicles (2012)
Revenue: 11.85 trillion (2014) USD$119 billion (2014)
Operating income: ¥750 billion (2014)
Net income: ¥574 billion (2014)
$5.75 billion (2014) Total assets: ¥11.780 trillion (2012)
Total equity: ¥4.402 trillion (2012)
Owner: Japan Trustee Services Bank(Trust) 6.46% The Master Trust Bank of Japan (Trust) 4.71% Mokusurei . And . Company3.09% Meiji Yasuda Life Insurance2.83% Tokio Marine & Nichido Fire2.35%
Number of employees : 198,561 (2014)
HONDA SALES BY REGION
HONDA MARKET SHARE IN PASSENGER CARS INDIA
Market communication of Honda
• Projection of image as most reliable, advance technology , eco friendly cars.
• Careful and precise in advertisements• Motivation• Good Display for impulse buyer• Print media- national magazines and newspapers.• Surprise elements during the launch of every
model.• Trade fare and exhibitions • Sponsorships
( H y p e r l i n k )
Advance Techno logy
Honda ' s Env i ronment Fr iend ly Techno logy
COMMUNICATION STRATEGIES
ADVERTISEMENTS
SEGMENTATIONSegment Maruti Hyundai Tata Honda
Small M800,Alto Santro Nano
Premium Small A-Star, Ritz I-10 Indica
Mid Size Swift I-20 Indigo CS
Premium Mid Size Swift Dezire Accent, Getz Indigo Manza JAZZ
Executive SX-4 Verna CITY
Luxury Sonata, Embera ACCORD
SUV Grand Vitara Tucson,Terracan Safari CRV
Failure to tap Wealth at Bottom of Pyramid ::
But HONDA has emphatically failed to capitalize India's vast middle class
COMPETITORS COMMUNICATION STRATEGIES
• Brand endorsement through celebrities.• Customerization and customer value.• Frequent ads in between major shows.• Sponsorships- Sports, Events.• Focusing on Rural Market.• B To G
OPPORTUNITIESSmall car segmentExport2009-10 Hyundai motors India export shots up to
1,62,237 units. Ford India invest US$ 500 million for domestic and
export purpose GM plans of exporting 50,000 cars manufactured in
India by 2011.According to bloomBerg, In 2009 , India surpassed
china in exports .
Strong engineering base Diesel segmentBio-fuel segmentsSponsorships- sports, eventsAlliances are the best opportunitiesGovernment sponsors stimulus packageBig market – domestic and abroad SIAM estimated the growth rate of 10% to
14% in automobile sectorStrong R&D
Contd….
B 2 G Strategies In SUV segments companies are not offering any products and proposalsLiberal policies of G.O.IEasy loan options Reduction in excise duties Low interest ratesBaby boomers
Contd…