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1
MARKETING MANAGEMENT TERMPAPER
BY
RUDRESHKUMAR DAHERIYA
PGDM-1
2
S.NO TOPICS
1
2
3
4
5
PART A
 INTRODUCTION TO BRAND
 VALUE SPHERE
 STP
 MARKETING MIX
 CUSTOMER DEVELOPMENT PROCESS
 VALUE DELIVERY
 CUSTOMER PYRAMID
PART B
 CONSUMER BUYER BEHAVIOUR
 VALS
 BUYERS ROLE
 5 STAGES OF BUYERS PROCESS
 BRAND BELIEF
PART C
 B2B AND B2C
 EXPECTANCY VALUE MODEL
 VENDOR ANALYSIS
 TARGET MARKET SELECTION
PART D
 BRND POSITIONING
 PERCEPTUAL MAPPING
PART E
 FEATURE AND BENEFITS
 PRODUCT LINE
 BRAND KNOWLEDGE TREE
 PRICE
 PLACE PROMOTION
 PROMOTION MIX
 APPENDIX
 REFERENCE
3
INTRODUCTION
Ola Cabs is a private company of Indian origins. Ola is a trade name and
operates under its parent company ANI Technologies Private Limited. It is
associated with logistics and technology industry as it deals with transport
facilities. Ola Cabs has founded in the year 2010, 3rd December by its co-
founders Ankit Bhati and Bhavesh Aggarwal, when he experienced the deep
routed problem in India quality Cab service and professionalism of the Cab
drivers. The company has taken help of latest technology to bring forth a
fast and efficient service for hiring cabs. The brand has received series of
funding from angel investors and companies like Softbank, Tekne Capital,
Vanguard, Baillie Gifford and Yes Bank. Spurt with the growth in the
demand, in 2017 the company has received $ 18 billion.
Mission- “BuildingMobilityforaBillionIndians”
Tagline- “ChaloNiklo”
VALUE SPHERES
VALUE CREATION- Ola Cabs is a mobile app used as a service provider for
personal transportation. It has revolutionised the conceptof travelling, Earlier
hiring taxis from roads was a harassment but now it has becomehassle free as
one can easily make a booking at his/her convenience without stepping out.
VALUE CAPTURE- Passengers are nowadays concerned about convenience
rather than prices. Ola Cabs offer rides in a comfortable setting with furnished
and air-conditioned cabs. It offers to price flexibility with its range of vehicles
that includes economic-range, mid-range and high-range. Ola Cabs has adopted
a penetration policy and has kept its price range reasonable so as to gain a
competitive advantage over rival companies. It has also adopted a promotional
policy and offers incentives to increase its customer base.
VALUE COMMUNICATION-It has adopted an extensive marketing policy to
create high and positive brand awareness amongst consumers. The company has
4
taken help of every available medium like digital and print via SMS on mobiles,
magazines, newspapers and billboards. It has also used social media platforms
to garner maximum coverage via Twitter, Facebook, Blogs and Instagram.
Actress Gul Panag has been associated with this brand and at a promotional
event handed over keys of Ola cab to its driver. The company offers incentives
like free rides, 50% discounted rides, rupees 5o off on first ride free for new
members and promo codes to increase its customer base.
VALUE DELIVERY-The company started its operations from metro city
Mumbai in Maharashtra but later shifted its base to Bengaluru in Karnataka. By
the year 2014, it had extended its network to include nearly 200,000 cars that
were running in nearly one hundred two tier, three tier and metro cities like
Kolkata, New Delhi, Chennai, Bengaluru, Hyderabad, and Mumbai.
SEGMENTING,TARGETING, POSITIONING
SEGMENTING- Ola cabs have been using segmentation parameters such as
geographically dividing the market it serves into urban & metro in order to
devise promotional and business strategy based on demand in these markets and
the places where public where more aware of using smartphones.
Also, it segments customers based on customer income profile and corporate
profile and the places where crowd is more, and people are struggling for the
transportation.
TARGETING-As the company serves different customer segments i.e. long
route outstation customers, customers within 8 Kms, Shuttle service and shared
services, therefore it uses differentiation targeting strategy based upon the
segmenting such as categories e.g. Auto, Micro, Mini, Prime, Suv, Luxury class
of fleet services based upon their income, area and needs of the customer. And
Cab services for passengers, for corporatecustomers through Ola Shuttle i.e.
daily office goers through fixed routes and Ola outstation.
5
POSITIONING-OlaCabs has positioned itself as a company making mobility
easy, convenient, affordable and safe 24*7. They are also promoting and
making positioning in their customers mind by Innovatively thought concept
ideas and ads of the company such as Chalo Niklo, ?6/ per Km, Ola Share pass,
Ola outstation, shuttle and Ola peddle has helped the company in being ahead of
its peers.
MARKETING MIX
PRODUCT- Ola Cabs is a mobile app used as a service provider for personal
transportation. Its fleet includes Auto, Bike, Cars, Shuttles, SUVs vehicles and
offers different types of cab service that have a diversified range from luxury to
economic like
 Ola micro
 Ola mini
 Ola prime
 Ola SUV
 Ola outstation
 Ola Luxury
 Ola share
 Ola bike
 Ola rental
PLACE- Ola Cabs is a company dealing via an online network. Cabs can be
easily reserved through its own website and via Ola mobile app that can be
downloaded from The App Store and Google Play Store. Company is operating
it business from urban and metro cities with more then 2,00,000 vehicles in
nearly one hundred two tier, three tier and metro cities like Kolkata, New Delhi,
Chennai, Bengaluru, Hyderabad and Mumbai.
PRICE- Ola Cabs offer rides in a comfortable setting with furnished and air-
conditioned cabs. It offers to price flexibility with its range of vehicles that
includes economic-range, mid-range and high-range as with, Base fare of Rs35
and Rs10 per km,12km,15km as per the range and adopted a penetration policy
6
and has kept its price range reasonable so as to gain a competitive advantage
over rival companies.
PROMOTION- It has adopted an extensive marketing policy to create high and
positive brand awareness amongst consumers. The company has taken help of
every available medium like digital and print via SMS on mobiles, magazines,
newspapers and billboards. It has also used social media platforms to garner
maximum coverage via Blogs and Posts. They also sponsors events time to time
to create a brand image in a consumer mind and offers incentives like free rides,
50% discounted rides, rupees 5o off, first ride free for new members and promo
codes to increase its customer base, referrals programs to earn free ride and Ola
cash in their account.
CUSTOMER VALUE DELIVERY:
CATEGORY BENEFIT COST
Pricing Price is kept low Min profit margin
Products Range of Categories Based on ride categories
Place Urban and metro cities To get maximum sales
of productin each
category
Promotion Digital and print via
SMS on mobiles,
magazines, newspapers
and billboards.
To create awareness of
product, to get more
customers and to
enhance profit
EXPECTANCYVALUE MODEL:
Benefits:
Price Low price
Quality Luxury Fleets & Verified Drivers
7
Availability 24*7 with same Quality
Importance ratings:
category excellent Good average poor
Safety 
Categories 
Quality 
Availability 
Time 
Derived market share:(4)
According to the documents filed with the Corporate Affairs Ministry, Ola narrowed its
standalone losses significantly to Rs 2,676.7 crore, while revenues were up 44.6 per cent to
Rs 1,860.6 crore in FY2018 compared to the previous financial year.
ANI Technologies -- the entity running Ola -- saw its consolidated revenue rising 60.9 per
cent to Rs 2,222.6 crore in the fiscal ended March 2018 from Rs 1,380.7 crore in the
previous fiscal.
8
CUSTOMER DEVELOPMENT PROCESS
STAGE 1 – AWARENESS
 Digital and print via SMS on mobiles, magazines, newspapers and
billboards, Events
STAGE 2- INTEREST
 Entertainment on fleet (T.V, Music system, Fast service)
STAGE 3- DESIRE
 Desire to get faster service
 Desire to get doorto doorservice
STAGE 4 - ACTION.
 Brilliant network across country
 variety of Categories
9
 Car arrival in less time
CUSTOMER PYRAMID
OLA CABS: “we are the fastest” OLA making cab available
In a minute
Something Bigger
Emotional Benefits
Product Benefits
Product Attributes
BUYERS BEHAVIOR
OLA studies the consumer behaviour through the following question:
1.How consumers use Ola? – Frequently need basepassengers, Daily office
goers and cheap costtravellers.
2.Where consumer use the service? - Daily commuters, urgent need base, pretty
often, trial costumers.
3.When services are likely to be used? –Everyday, corporateareas, housing
societies, industrial areas, urban and metro cities.
4.Who are the consumers of Ola? – Avg. age group is 19-60, adults, teenager,
women’s and smartphone users.
5.Why consumers chose Ola? - easy, convenient to use the App and time saving
with low costof commuting.
6. Top 2 competitors of Ola – UBER, MERU.
Fleetonfingertips,Time saving.
Cost centric,Goodexperience,promos
Cab inminutes,safety,timesaving,luxuryservice.
Hassle free service inlow cost,reachontime.
Fig:CustomerPyramid
10
VALS –VALUE AND LIFESTYLES
Ola has millions of Users thus they VALS are
 Primary and Secondary type: Strivers, Experiences.
BUYER’S ROLE:5 stages of Buyer’s Role for Ola:
1.Initiator: Advertisements, social media etc.
2.Influencer: Peer circles, family, any other reliable sources like reviews,
experience
3.Decider: Peer circles, family or Self decision.
4.Buyer: individual purchase.
5.User: buyer, Daily commuter, Need base user.
Consumer buyer behaviour using demand curve
Price Media Service Ease ofaccess
More price More media attention More Service greater ease ofaccess
demand more demand more demand more demand
Demand Demand Demand Demand
11
BRAND BELIEF
OLA “We promise our customers to make a cab available in a minute, with safe
Driver partners which values your time and work, our investors the prospects of
sustained profitable growth, and our employees the allure of huge impact”.
12
STAGE BUYERS PROCESS
BUYER’S ROLE:
1.Initiator - Business Development, Client Applications
2. Gatekeeper- Financer Planning & Analysis, Planning & Analysis.
3.Influencer –Customer Service, Employee Tech,Product –Consumer Insights
4. Decider- Product Management.
5. User-Creative service,Core and Data Science Engineering, Security
6. Buyer- Finance, Marketing Production
1.Need Recognition:
Daily commuters, time saving, fast mobility from one place to another.
2. Information Search
(Twitter, Facebook ads, billboards, other social media, Advertisement & promotions)
3.Evaluation of alternatives
(Uber cabs,Meru cabs, Prepaid taxis and local transports)
4.Purchase Decision
(Trial stage user, reviews, Strivers, Daily commuters and urgent need base users)
5.Post-purchase behaviour:
(membership, daily usage, monthly passes)
Figure: Buyer’s decision for Ola
13
. BUYER’S BEHAVIOR PROCESS:
OLA as B2C model OLA as B2B model
NOLA
CUSTOMER
N OLA
CORPORATE
CUSTOMERS
Tie up with
Partners
Instagram, FB,
Twitter
ANI Technologies
Social Media
Software
RunningPlatform
Distributors
14
VENDOR ANALYSIS
Quality Quantity Price Service
OLA
1.Entertainment on
fleet (T.V,Music
system)
2.More Variety of
cars
3. Registered Drivers
4.More cleanliness
More than 2 Lakhs
fleets registered.
Rs4 per km 1.Less waiting
time car within
2 minutes.
2.More safety
& hospitality
3.Good Car
condition.
UBER 1.Less Entertainment
option.
2.Less variety of
cars.
Less than 2 Lakh fleets
registered.
Rs6 per km 1.Less safety
MERU
1.Less registered
drivers
Less no. of fleet
registered
Rs10 per km 1.More waiting
time
2.High price
LOCAL
TRANSPORT
1.Less cleanliness Depends upon the area. Depends upon
the length of
journey
1.Risky way of
travelling.
2.Overcrowded
SKY CABS 1. Only for specific
purposes. (e.g.
Airport pickup &
Drop)
Very few fleets
available
Rs17 per km 1.limited
fleets, more
waiting time,
high price.
15
SEGMENTATION PROCESS WITH VARIABLES OF CONSUMER & BUSINESS:
Due to growing popularity and ease of use of Ola it showcases under the basis of the following
segment:
 Demographic: (age, income, occupation)
 Psychographic: (Personality, values, opinions)
 commuters: (number of fleets)
TARGET MARKET SELECTION:
In case of Ola the target is domestic and international market. They target market is dependent on the
media they carry. Here they are divided into four categories: Within the city, Outstation, Sharing cabs,
type of vehicles.
1. Within the city- here ola carry passengers within the city premises.
2. Outstation- here ola carry passengers outside the city premises
3. Sharing cabs- here the cab can be shared between more than 3 passengers
4. Types of vehicle- auto, bike, sedan, hatchback SUVs and premium luxury cars
POSITIONING & BANDING
. Brand Map of Ola Vs Others
O
U
SC
LT
M
Affordability
Lessaffordability
Less punctual More punctual
O-OLA
U-UBER
M-MERU
LT-LOCAL TRANSPORT
SC-SKYCABS
16
.Perceptual Map
MARKETING PLAN:
Product:
FEATURES BENEFITS
Pocket friendly pricing Affordable for all
Make in India Being Digital
Hassle free service Door to door pick n drop
Entertainment on fleet TV, Newspapers, audio systems
Varieties of Categories Bike to luxury car
Registered drivers SOS, Emergency & first ad option in fleet
More LuxuriousLessLuxurious
More varietyof cars
Less varietyof cars
OLA
UBER
MERU
LOCAL TRANSPORT
SKY CABS
17
Product line:
Bike For 1 person
Micro Hatchback car for 4 persons
Mini Hatchback car for 4 persons with more boot space
Prime sedan Sedan car for 4 persons with huge boot space
Prime play Sedan car with TV, newspapers and top drivers
SUV Big car for 7 persons with top drivers
Share 1 car can be shared among 4 different passengers
Auto Capacity of 3 passengers at a time
Ola electric Electric rickshaw for short distance
Brand knowledge tree:
An Indian company which has an online fleet services for daily comminutors to use for
transportation.
People recognized the brand being Digital India and Hassle-free transportation.
People started relating to their daily transportation problems and opting Ola in their life.
People’s emotion started getting attached to Quality of service.
A brand which represents the benefits of using online fleet platform and digital payment with
less fare of travelling as compared to other transportation.
Low price, more categories, easily available 24*7, superior quality, registered driver, exact
fare as per the company pricing, entertainment on fleet, handy use of App.
OLA successfully positioned itself in a quadrant where it is highly accepted by the customers.
India was the core targeting area, after its success in India it is trying to expand its business
throughout the world.
Brand awareness
Brand recognition
Brand recall
Brand knowledge
Brand image
Features and benefit
Overall evaluation
18
Customer Awareness Pyramid
Unawareness
PRICE:
Price ranges from 30Rs to 1000rupees of an individual Categories.
Ola provide their service at a price of 10-20 % lower than that of competition • Pricing
Strategy has helped Ola to establish itself in marketplace •
Ola Pricing Key Features – “Penetrative Pricing”: • The company’s product are priced at 10-40
% discount to competition • It is able to offer such discounts primarily because of having negligible
Advertising and Promotion spend versus other companies • Other companies have A&P spends
ranging from 12-18% as a % of sales • Another reason for discounts is consumer centric ideology
of the organization and selling best quality service at attractive price points • There are even some
products which are making losses or have low margins, but it sells those products to meet consumer
needs.
Lower and Effective Advertising aids Lower Pricing • Ola cabs has limited advertising
expenses which helps them in lower pricing • The company advertises in a limited way
– digital advertising, SMS and hoardings.
PLACE:
TOMA
BR. RECALL
BR. RECOG
OLA
CUSTOMER
Google
PlayStore
App
19
Promotion:
Communication objective Price [5] product Brand ambassador
Word of mouth,
print and digital
media, YouTube
channel,
Facebook page,
twitter,
television ads,
radio, Events in
different cities
To make ride
available in a
minute with less
price and top
drivers’
partners.
More than
76 crores
is spent on
the
promotion
of the
brand.
Ola has picked
up 3 categories
for advertise
aggressively.
They are ola
share, Auto &
Prime play
rides.
Well known cricketer
Irfan Pathan and their
best driver partners
are the brand
ambassadors of Ola
COMMUNICATION PROCESS:
20
PROMOTION MIX:
Ola offers 3 categories in a cab healing service which is Bike, Auto and Car and it is most
trusted brand in India for Fleet Mobility.
ADVERTISING:
5 Ms ofAdvertising:
1. Mission: creating better way of transportation of India.
2. Money: it spends 40% of their budget on advertising and promotion.
3. Media: newspaper,online, broadcasting, events, sponsorships and Drivers.
4. Message: has criteria.
5. Measurement: it will develop an ad campaign and test it in a certain geographic region.
21
Appendix A: The Market Research Survey for Ola
Behavioural Psychographic Demographic
Q1. Which cab service
you currently use?
Q2. What do you use
your cab service for the
most?
Q3. Are you ready to pay
for Ola’s passes?
Q5. How much you
spend time on travelling
in each day?
Q1. What types of vehicle do
you like the most?
Q2. On a scale of 1-5 where 1
being not satisfied and 5 being
fully satisfied. Rate you
experience with Ola cabs.
Q3. If you are new, would you
consider a ride on ola.
Q1. Highest level of education
Q2. Age between.
Q3. Can you state your Annual
household income .
Q4. Please select your gender.
22
References
1.https://www.ciim.in/ola-cabs-business-strategy-case-study
2. https://medium.com/@paruljn02/marketing-campaigns-of-ola-5fd2a871c192
3. https://www.marketing91.com/marketing-strategy-of-ola-cab/
4.//economictimes.indiatimes.com/articleshow/67778745.cms?utm_source=contentofinterest
&utm_medium=text&utm_campaign=cppst
5. https://www.moneycontrol.com/news/business/startup/high-staff-costs-marketing-cost-
ola-6-crore-each-day-in-fy16-2268299.html

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Marketing management project of OLA Cabs

  • 2. 2 S.NO TOPICS 1 2 3 4 5 PART A  INTRODUCTION TO BRAND  VALUE SPHERE  STP  MARKETING MIX  CUSTOMER DEVELOPMENT PROCESS  VALUE DELIVERY  CUSTOMER PYRAMID PART B  CONSUMER BUYER BEHAVIOUR  VALS  BUYERS ROLE  5 STAGES OF BUYERS PROCESS  BRAND BELIEF PART C  B2B AND B2C  EXPECTANCY VALUE MODEL  VENDOR ANALYSIS  TARGET MARKET SELECTION PART D  BRND POSITIONING  PERCEPTUAL MAPPING PART E  FEATURE AND BENEFITS  PRODUCT LINE  BRAND KNOWLEDGE TREE  PRICE  PLACE PROMOTION  PROMOTION MIX  APPENDIX  REFERENCE
  • 3. 3 INTRODUCTION Ola Cabs is a private company of Indian origins. Ola is a trade name and operates under its parent company ANI Technologies Private Limited. It is associated with logistics and technology industry as it deals with transport facilities. Ola Cabs has founded in the year 2010, 3rd December by its co- founders Ankit Bhati and Bhavesh Aggarwal, when he experienced the deep routed problem in India quality Cab service and professionalism of the Cab drivers. The company has taken help of latest technology to bring forth a fast and efficient service for hiring cabs. The brand has received series of funding from angel investors and companies like Softbank, Tekne Capital, Vanguard, Baillie Gifford and Yes Bank. Spurt with the growth in the demand, in 2017 the company has received $ 18 billion. Mission- “BuildingMobilityforaBillionIndians” Tagline- “ChaloNiklo” VALUE SPHERES VALUE CREATION- Ola Cabs is a mobile app used as a service provider for personal transportation. It has revolutionised the conceptof travelling, Earlier hiring taxis from roads was a harassment but now it has becomehassle free as one can easily make a booking at his/her convenience without stepping out. VALUE CAPTURE- Passengers are nowadays concerned about convenience rather than prices. Ola Cabs offer rides in a comfortable setting with furnished and air-conditioned cabs. It offers to price flexibility with its range of vehicles that includes economic-range, mid-range and high-range. Ola Cabs has adopted a penetration policy and has kept its price range reasonable so as to gain a competitive advantage over rival companies. It has also adopted a promotional policy and offers incentives to increase its customer base. VALUE COMMUNICATION-It has adopted an extensive marketing policy to create high and positive brand awareness amongst consumers. The company has
  • 4. 4 taken help of every available medium like digital and print via SMS on mobiles, magazines, newspapers and billboards. It has also used social media platforms to garner maximum coverage via Twitter, Facebook, Blogs and Instagram. Actress Gul Panag has been associated with this brand and at a promotional event handed over keys of Ola cab to its driver. The company offers incentives like free rides, 50% discounted rides, rupees 5o off on first ride free for new members and promo codes to increase its customer base. VALUE DELIVERY-The company started its operations from metro city Mumbai in Maharashtra but later shifted its base to Bengaluru in Karnataka. By the year 2014, it had extended its network to include nearly 200,000 cars that were running in nearly one hundred two tier, three tier and metro cities like Kolkata, New Delhi, Chennai, Bengaluru, Hyderabad, and Mumbai. SEGMENTING,TARGETING, POSITIONING SEGMENTING- Ola cabs have been using segmentation parameters such as geographically dividing the market it serves into urban & metro in order to devise promotional and business strategy based on demand in these markets and the places where public where more aware of using smartphones. Also, it segments customers based on customer income profile and corporate profile and the places where crowd is more, and people are struggling for the transportation. TARGETING-As the company serves different customer segments i.e. long route outstation customers, customers within 8 Kms, Shuttle service and shared services, therefore it uses differentiation targeting strategy based upon the segmenting such as categories e.g. Auto, Micro, Mini, Prime, Suv, Luxury class of fleet services based upon their income, area and needs of the customer. And Cab services for passengers, for corporatecustomers through Ola Shuttle i.e. daily office goers through fixed routes and Ola outstation.
  • 5. 5 POSITIONING-OlaCabs has positioned itself as a company making mobility easy, convenient, affordable and safe 24*7. They are also promoting and making positioning in their customers mind by Innovatively thought concept ideas and ads of the company such as Chalo Niklo, ?6/ per Km, Ola Share pass, Ola outstation, shuttle and Ola peddle has helped the company in being ahead of its peers. MARKETING MIX PRODUCT- Ola Cabs is a mobile app used as a service provider for personal transportation. Its fleet includes Auto, Bike, Cars, Shuttles, SUVs vehicles and offers different types of cab service that have a diversified range from luxury to economic like  Ola micro  Ola mini  Ola prime  Ola SUV  Ola outstation  Ola Luxury  Ola share  Ola bike  Ola rental PLACE- Ola Cabs is a company dealing via an online network. Cabs can be easily reserved through its own website and via Ola mobile app that can be downloaded from The App Store and Google Play Store. Company is operating it business from urban and metro cities with more then 2,00,000 vehicles in nearly one hundred two tier, three tier and metro cities like Kolkata, New Delhi, Chennai, Bengaluru, Hyderabad and Mumbai. PRICE- Ola Cabs offer rides in a comfortable setting with furnished and air- conditioned cabs. It offers to price flexibility with its range of vehicles that includes economic-range, mid-range and high-range as with, Base fare of Rs35 and Rs10 per km,12km,15km as per the range and adopted a penetration policy
  • 6. 6 and has kept its price range reasonable so as to gain a competitive advantage over rival companies. PROMOTION- It has adopted an extensive marketing policy to create high and positive brand awareness amongst consumers. The company has taken help of every available medium like digital and print via SMS on mobiles, magazines, newspapers and billboards. It has also used social media platforms to garner maximum coverage via Blogs and Posts. They also sponsors events time to time to create a brand image in a consumer mind and offers incentives like free rides, 50% discounted rides, rupees 5o off, first ride free for new members and promo codes to increase its customer base, referrals programs to earn free ride and Ola cash in their account. CUSTOMER VALUE DELIVERY: CATEGORY BENEFIT COST Pricing Price is kept low Min profit margin Products Range of Categories Based on ride categories Place Urban and metro cities To get maximum sales of productin each category Promotion Digital and print via SMS on mobiles, magazines, newspapers and billboards. To create awareness of product, to get more customers and to enhance profit EXPECTANCYVALUE MODEL: Benefits: Price Low price Quality Luxury Fleets & Verified Drivers
  • 7. 7 Availability 24*7 with same Quality Importance ratings: category excellent Good average poor Safety  Categories  Quality  Availability  Time  Derived market share:(4) According to the documents filed with the Corporate Affairs Ministry, Ola narrowed its standalone losses significantly to Rs 2,676.7 crore, while revenues were up 44.6 per cent to Rs 1,860.6 crore in FY2018 compared to the previous financial year. ANI Technologies -- the entity running Ola -- saw its consolidated revenue rising 60.9 per cent to Rs 2,222.6 crore in the fiscal ended March 2018 from Rs 1,380.7 crore in the previous fiscal.
  • 8. 8 CUSTOMER DEVELOPMENT PROCESS STAGE 1 – AWARENESS  Digital and print via SMS on mobiles, magazines, newspapers and billboards, Events STAGE 2- INTEREST  Entertainment on fleet (T.V, Music system, Fast service) STAGE 3- DESIRE  Desire to get faster service  Desire to get doorto doorservice STAGE 4 - ACTION.  Brilliant network across country  variety of Categories
  • 9. 9  Car arrival in less time CUSTOMER PYRAMID OLA CABS: “we are the fastest” OLA making cab available In a minute Something Bigger Emotional Benefits Product Benefits Product Attributes BUYERS BEHAVIOR OLA studies the consumer behaviour through the following question: 1.How consumers use Ola? – Frequently need basepassengers, Daily office goers and cheap costtravellers. 2.Where consumer use the service? - Daily commuters, urgent need base, pretty often, trial costumers. 3.When services are likely to be used? –Everyday, corporateareas, housing societies, industrial areas, urban and metro cities. 4.Who are the consumers of Ola? – Avg. age group is 19-60, adults, teenager, women’s and smartphone users. 5.Why consumers chose Ola? - easy, convenient to use the App and time saving with low costof commuting. 6. Top 2 competitors of Ola – UBER, MERU. Fleetonfingertips,Time saving. Cost centric,Goodexperience,promos Cab inminutes,safety,timesaving,luxuryservice. Hassle free service inlow cost,reachontime. Fig:CustomerPyramid
  • 10. 10 VALS –VALUE AND LIFESTYLES Ola has millions of Users thus they VALS are  Primary and Secondary type: Strivers, Experiences. BUYER’S ROLE:5 stages of Buyer’s Role for Ola: 1.Initiator: Advertisements, social media etc. 2.Influencer: Peer circles, family, any other reliable sources like reviews, experience 3.Decider: Peer circles, family or Self decision. 4.Buyer: individual purchase. 5.User: buyer, Daily commuter, Need base user. Consumer buyer behaviour using demand curve Price Media Service Ease ofaccess More price More media attention More Service greater ease ofaccess demand more demand more demand more demand Demand Demand Demand Demand
  • 11. 11 BRAND BELIEF OLA “We promise our customers to make a cab available in a minute, with safe Driver partners which values your time and work, our investors the prospects of sustained profitable growth, and our employees the allure of huge impact”.
  • 12. 12 STAGE BUYERS PROCESS BUYER’S ROLE: 1.Initiator - Business Development, Client Applications 2. Gatekeeper- Financer Planning & Analysis, Planning & Analysis. 3.Influencer –Customer Service, Employee Tech,Product –Consumer Insights 4. Decider- Product Management. 5. User-Creative service,Core and Data Science Engineering, Security 6. Buyer- Finance, Marketing Production 1.Need Recognition: Daily commuters, time saving, fast mobility from one place to another. 2. Information Search (Twitter, Facebook ads, billboards, other social media, Advertisement & promotions) 3.Evaluation of alternatives (Uber cabs,Meru cabs, Prepaid taxis and local transports) 4.Purchase Decision (Trial stage user, reviews, Strivers, Daily commuters and urgent need base users) 5.Post-purchase behaviour: (membership, daily usage, monthly passes) Figure: Buyer’s decision for Ola
  • 13. 13 . BUYER’S BEHAVIOR PROCESS: OLA as B2C model OLA as B2B model NOLA CUSTOMER N OLA CORPORATE CUSTOMERS Tie up with Partners Instagram, FB, Twitter ANI Technologies Social Media Software RunningPlatform Distributors
  • 14. 14 VENDOR ANALYSIS Quality Quantity Price Service OLA 1.Entertainment on fleet (T.V,Music system) 2.More Variety of cars 3. Registered Drivers 4.More cleanliness More than 2 Lakhs fleets registered. Rs4 per km 1.Less waiting time car within 2 minutes. 2.More safety & hospitality 3.Good Car condition. UBER 1.Less Entertainment option. 2.Less variety of cars. Less than 2 Lakh fleets registered. Rs6 per km 1.Less safety MERU 1.Less registered drivers Less no. of fleet registered Rs10 per km 1.More waiting time 2.High price LOCAL TRANSPORT 1.Less cleanliness Depends upon the area. Depends upon the length of journey 1.Risky way of travelling. 2.Overcrowded SKY CABS 1. Only for specific purposes. (e.g. Airport pickup & Drop) Very few fleets available Rs17 per km 1.limited fleets, more waiting time, high price.
  • 15. 15 SEGMENTATION PROCESS WITH VARIABLES OF CONSUMER & BUSINESS: Due to growing popularity and ease of use of Ola it showcases under the basis of the following segment:  Demographic: (age, income, occupation)  Psychographic: (Personality, values, opinions)  commuters: (number of fleets) TARGET MARKET SELECTION: In case of Ola the target is domestic and international market. They target market is dependent on the media they carry. Here they are divided into four categories: Within the city, Outstation, Sharing cabs, type of vehicles. 1. Within the city- here ola carry passengers within the city premises. 2. Outstation- here ola carry passengers outside the city premises 3. Sharing cabs- here the cab can be shared between more than 3 passengers 4. Types of vehicle- auto, bike, sedan, hatchback SUVs and premium luxury cars POSITIONING & BANDING . Brand Map of Ola Vs Others O U SC LT M Affordability Lessaffordability Less punctual More punctual O-OLA U-UBER M-MERU LT-LOCAL TRANSPORT SC-SKYCABS
  • 16. 16 .Perceptual Map MARKETING PLAN: Product: FEATURES BENEFITS Pocket friendly pricing Affordable for all Make in India Being Digital Hassle free service Door to door pick n drop Entertainment on fleet TV, Newspapers, audio systems Varieties of Categories Bike to luxury car Registered drivers SOS, Emergency & first ad option in fleet More LuxuriousLessLuxurious More varietyof cars Less varietyof cars OLA UBER MERU LOCAL TRANSPORT SKY CABS
  • 17. 17 Product line: Bike For 1 person Micro Hatchback car for 4 persons Mini Hatchback car for 4 persons with more boot space Prime sedan Sedan car for 4 persons with huge boot space Prime play Sedan car with TV, newspapers and top drivers SUV Big car for 7 persons with top drivers Share 1 car can be shared among 4 different passengers Auto Capacity of 3 passengers at a time Ola electric Electric rickshaw for short distance Brand knowledge tree: An Indian company which has an online fleet services for daily comminutors to use for transportation. People recognized the brand being Digital India and Hassle-free transportation. People started relating to their daily transportation problems and opting Ola in their life. People’s emotion started getting attached to Quality of service. A brand which represents the benefits of using online fleet platform and digital payment with less fare of travelling as compared to other transportation. Low price, more categories, easily available 24*7, superior quality, registered driver, exact fare as per the company pricing, entertainment on fleet, handy use of App. OLA successfully positioned itself in a quadrant where it is highly accepted by the customers. India was the core targeting area, after its success in India it is trying to expand its business throughout the world. Brand awareness Brand recognition Brand recall Brand knowledge Brand image Features and benefit Overall evaluation
  • 18. 18 Customer Awareness Pyramid Unawareness PRICE: Price ranges from 30Rs to 1000rupees of an individual Categories. Ola provide their service at a price of 10-20 % lower than that of competition • Pricing Strategy has helped Ola to establish itself in marketplace • Ola Pricing Key Features – “Penetrative Pricing”: • The company’s product are priced at 10-40 % discount to competition • It is able to offer such discounts primarily because of having negligible Advertising and Promotion spend versus other companies • Other companies have A&P spends ranging from 12-18% as a % of sales • Another reason for discounts is consumer centric ideology of the organization and selling best quality service at attractive price points • There are even some products which are making losses or have low margins, but it sells those products to meet consumer needs. Lower and Effective Advertising aids Lower Pricing • Ola cabs has limited advertising expenses which helps them in lower pricing • The company advertises in a limited way – digital advertising, SMS and hoardings. PLACE: TOMA BR. RECALL BR. RECOG OLA CUSTOMER Google PlayStore App
  • 19. 19 Promotion: Communication objective Price [5] product Brand ambassador Word of mouth, print and digital media, YouTube channel, Facebook page, twitter, television ads, radio, Events in different cities To make ride available in a minute with less price and top drivers’ partners. More than 76 crores is spent on the promotion of the brand. Ola has picked up 3 categories for advertise aggressively. They are ola share, Auto & Prime play rides. Well known cricketer Irfan Pathan and their best driver partners are the brand ambassadors of Ola COMMUNICATION PROCESS:
  • 20. 20 PROMOTION MIX: Ola offers 3 categories in a cab healing service which is Bike, Auto and Car and it is most trusted brand in India for Fleet Mobility. ADVERTISING: 5 Ms ofAdvertising: 1. Mission: creating better way of transportation of India. 2. Money: it spends 40% of their budget on advertising and promotion. 3. Media: newspaper,online, broadcasting, events, sponsorships and Drivers. 4. Message: has criteria. 5. Measurement: it will develop an ad campaign and test it in a certain geographic region.
  • 21. 21 Appendix A: The Market Research Survey for Ola Behavioural Psychographic Demographic Q1. Which cab service you currently use? Q2. What do you use your cab service for the most? Q3. Are you ready to pay for Ola’s passes? Q5. How much you spend time on travelling in each day? Q1. What types of vehicle do you like the most? Q2. On a scale of 1-5 where 1 being not satisfied and 5 being fully satisfied. Rate you experience with Ola cabs. Q3. If you are new, would you consider a ride on ola. Q1. Highest level of education Q2. Age between. Q3. Can you state your Annual household income . Q4. Please select your gender.