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SANTHOSH. N
SHAILESH. P
SHINOJ
V. ARUN
VADIRAJ
VISHAKH VASUDEVAN
HISTORY
o 1891
R W Smith and Albert Eadie took over the Townsend
cycle co. of Enfield Road in Redditch, UK, and formed
Enfield Manufacturing Co. ltd.
o 1901
The first Royal Enfield motor cycle is produced.
o 1932
The legendary “Bullet” motor cycle is born.
o 1939
Royal Enfield produced large quantities of motor
cycles and bicycles during World War II, including well
known flying flea.
o 1949
Royal Enfield motorcycles were being sold by Madras
Motors of K R Sundaram Iyer.
HISTORY
o 1955
The Redditch Co. partner Madras Motors in India to form
‘Enfield India’.
o 1956
The Tiruvottiyur factory opens and Bullet begin to be
manufactured under license.
o 1970
The Enfield cycle company in the UK goes out of
Business, production in India continues without
interruption.
o 1977
Enfield India begin to export 350cc Bullets to the UK.
o 1994
The Eicher Group acquires Enfield India ltd. The co.
name changes to Royal Enfield Motors ltd.
o Ride Continues
VISION AND MISSION
• VISION “To be recognized as the industry leader driving
modernization in biking in India and the developing world”
• MISSION “Aims to continuously improve biking efficiency
in India and developing markets. Customers are the
integral part of the Organization & Creating a Family of
Bikers Bond”
STP ANALYSIS
OF
SEGMENTATION
• Middle and upper middle class people who want
a bike that is stylish and powerful.
• Segmentation is mainly based on gender and
income.
• Earlier the segmentation was also based on age
(mostly middle aged men and above).
TARGETING
• The target market of Royal Enfield is mainly men aged 20
and above.
POSITIONING
• A powerful motor cycle for adventure and
long rides.
THE 4 P’S OF
MARKETING
PRODUCTS
CRUISER RETRO
STREET
STANDARD
STREET CAFÉ
RACER
HIMALAYAN
ACCESSORIES
• Thunderbird 500
• Thunderbird 350
• Classic 350
• Classic 500
• Classic squadron blue
• Classic desert storm
• Classic chrome
• Classic battle green
• Bullet 350
• Bullet 500
• Continental GT
• Jackets
• Helmet
• Riding Accessories
• Off-road
PRICE
• The price range of Royal Enfield starts
from 1,16,000 to 2,10,000 (ex-
showroom).
PROMOTION
• They promote mainly through Rides.
• They have very less advertisements.
• Movies
• Social media.
PLACEMENT
• There are more than 500 showrooms and
service centers in India.
SWOT analysis of
STRENGTH
• Size and scale of parent company
• Effective Advertising Capability
• Committed and dedicated staff
• High emphasis on R and D
• Experience in the market
• Established brand
• Established market channel
• Power, Speed & Acceleration
WEAKNESS
• Not much emphasis on aggressive selling
• Weak product diversity
• Weight of the motor cycle can be an issue for few customers.
• Mileage of high cc bikes is an issue.
OPPORTUNITIES
• Growing premium segment
• Increasing dispensable income
• Environmental concerns
• Exports increasing
• Very strong demand in the 100cc.segment dominated by limited players.
THREATS
• Cut throat competition
• Increasing number of players in the market
• Rising raw material costs
• Increasing rates of interest on finance
LOGO EVOLUTION
CONCLUSION AND INTERESTING FACTS
• In the year 2014, Royal Enfield surpassed the sales of Harley
Davidson motorcycle manufacturing company on a global scale.
• Most used motorcycle in World Wars.
• Hand painted Petrol tanks.
• Competitors – Bajaj, Harley Davidson
THANKS
RIDE ON…

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History, Vision, Products and Marketing Strategy of Royal Enfield Motorcycles

  • 1. SANTHOSH. N SHAILESH. P SHINOJ V. ARUN VADIRAJ VISHAKH VASUDEVAN
  • 2. HISTORY o 1891 R W Smith and Albert Eadie took over the Townsend cycle co. of Enfield Road in Redditch, UK, and formed Enfield Manufacturing Co. ltd. o 1901 The first Royal Enfield motor cycle is produced. o 1932 The legendary “Bullet” motor cycle is born. o 1939 Royal Enfield produced large quantities of motor cycles and bicycles during World War II, including well known flying flea. o 1949 Royal Enfield motorcycles were being sold by Madras Motors of K R Sundaram Iyer.
  • 3. HISTORY o 1955 The Redditch Co. partner Madras Motors in India to form ‘Enfield India’. o 1956 The Tiruvottiyur factory opens and Bullet begin to be manufactured under license. o 1970 The Enfield cycle company in the UK goes out of Business, production in India continues without interruption. o 1977 Enfield India begin to export 350cc Bullets to the UK. o 1994 The Eicher Group acquires Enfield India ltd. The co. name changes to Royal Enfield Motors ltd. o Ride Continues
  • 4. VISION AND MISSION • VISION “To be recognized as the industry leader driving modernization in biking in India and the developing world” • MISSION “Aims to continuously improve biking efficiency in India and developing markets. Customers are the integral part of the Organization & Creating a Family of Bikers Bond”
  • 6. SEGMENTATION • Middle and upper middle class people who want a bike that is stylish and powerful. • Segmentation is mainly based on gender and income. • Earlier the segmentation was also based on age (mostly middle aged men and above).
  • 7. TARGETING • The target market of Royal Enfield is mainly men aged 20 and above.
  • 8. POSITIONING • A powerful motor cycle for adventure and long rides.
  • 9. THE 4 P’S OF MARKETING
  • 10. PRODUCTS CRUISER RETRO STREET STANDARD STREET CAFÉ RACER HIMALAYAN ACCESSORIES • Thunderbird 500 • Thunderbird 350 • Classic 350 • Classic 500 • Classic squadron blue • Classic desert storm • Classic chrome • Classic battle green • Bullet 350 • Bullet 500 • Continental GT • Jackets • Helmet • Riding Accessories • Off-road
  • 11. PRICE • The price range of Royal Enfield starts from 1,16,000 to 2,10,000 (ex- showroom).
  • 12. PROMOTION • They promote mainly through Rides. • They have very less advertisements. • Movies • Social media.
  • 13. PLACEMENT • There are more than 500 showrooms and service centers in India.
  • 15. STRENGTH • Size and scale of parent company • Effective Advertising Capability • Committed and dedicated staff • High emphasis on R and D • Experience in the market • Established brand • Established market channel • Power, Speed & Acceleration
  • 16. WEAKNESS • Not much emphasis on aggressive selling • Weak product diversity • Weight of the motor cycle can be an issue for few customers. • Mileage of high cc bikes is an issue.
  • 17. OPPORTUNITIES • Growing premium segment • Increasing dispensable income • Environmental concerns • Exports increasing • Very strong demand in the 100cc.segment dominated by limited players.
  • 18. THREATS • Cut throat competition • Increasing number of players in the market • Rising raw material costs • Increasing rates of interest on finance
  • 20. CONCLUSION AND INTERESTING FACTS • In the year 2014, Royal Enfield surpassed the sales of Harley Davidson motorcycle manufacturing company on a global scale. • Most used motorcycle in World Wars. • Hand painted Petrol tanks. • Competitors – Bajaj, Harley Davidson