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Sushant Kumar Sinha
MBA-PM, Batch-13
Roll No. 58
A Marketing Management
“Miracle”
Evolution
 Made in England, Sold in India from 1949
 Redditch Company partnered with Madras
Motors to form “Enfield India”, on the
requirement of 800 bikes by Indian Military
forces, 1955
 Launch of “350cc Royal Enfield”, 1955
 Eicher Group bought into Enfield India, 1994
Around year 2000, board of directors at Eicher Motors decided to
either shut down or sell off Royal Enfield, as the sales of the bike
was down to 2000 units a month against the plant’s installed
capacity of 6000 and losses had been mounting for years.
Resurrection
 Mr. Siddhartha Lal (Promoter) along with
Mr. R.L. Ravichandran (CEO) gave the
necessary face lift to the dying brand.
 Challenge to the Management
Increase the market share of the bike
without compromising the individuality of
Royal Enfield and competing with various
other existing manufacturers in the
industry.
Strategy for Face Lift
 Study of Consumer satisfaction
Market study for the problem faced by existing
customers pertaining to various components
of the bike which led to the decline of sales.
 New Engine Development
Decision to move on to a new engine to
overcome all the existing problems faced by
current engine by the study of various leisure
bike manufacturers across the globe to
increase the fuel efficiency, reduced weight
and swapping of gear and braking system
Continued…
 Targeting Leisure Customers
Instead of launching a lower segment product
for the different consumer base, which already
has plenty of other players, it focused on
introducing more variants for the premier end
customers (Cruiser Bike- Thunderbird)
 Sales through Company owned Showrooms
Opened company owned showrooms to raise
customer satisfaction
Advertisement- Strategy
 Showcasing at Auto Expo, 2008
Presenting the Royal Enfield and Thunderbird
at Auto Expo 2008, with conquering the terrain
them
 Unique Advertisement
With Royal Enfield Leave Home campaign
Since then company has not come up with
new advertisements, rather now company
uses various other promotion strategy and
most importantly word of mouth for their
sustained and increased sales
Promotion- Strategy
 Organizing nation wide tours
Company organizes annual nation wide tours
for the existing owner their bike to showcase
the performance of bikes in the rough
conditions and for enriching the customer
experience
 Factory Tour
Company offers factory tour to the bike lover
on every 2nd and 4th Saturday, where
customers are taken to assembly line.
Outcome
Introduction of Variants
 Continental GT
 Thunderbird 500, 350
 Classic Dessert Strom, Battle Green, Chrome,
500, 350
 Bullet 500, 350, Electra
From the initial annual capacity of 72000 bikes
to current capacity of 1.5 lac bikes and still
with piling order for over a period of six month
company has planned to increase the
production up to 3 lac bikes to meet the ever
increasing demand from domestic and
International market as well.
Future
With the arrival of global brand Harley-
Davidson, the company may face a
tough competition in the leisure bike
segment.
But the company seems prepared for
the new challenges and it was clearly
seen by its recent introduction of
“Continental GT” to cater the demand of
still higher segment bikers
Royal enfield presentation

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Royal enfield presentation

  • 1. Sushant Kumar Sinha MBA-PM, Batch-13 Roll No. 58 A Marketing Management “Miracle”
  • 2. Evolution  Made in England, Sold in India from 1949  Redditch Company partnered with Madras Motors to form “Enfield India”, on the requirement of 800 bikes by Indian Military forces, 1955  Launch of “350cc Royal Enfield”, 1955  Eicher Group bought into Enfield India, 1994 Around year 2000, board of directors at Eicher Motors decided to either shut down or sell off Royal Enfield, as the sales of the bike was down to 2000 units a month against the plant’s installed capacity of 6000 and losses had been mounting for years.
  • 3. Resurrection  Mr. Siddhartha Lal (Promoter) along with Mr. R.L. Ravichandran (CEO) gave the necessary face lift to the dying brand.  Challenge to the Management Increase the market share of the bike without compromising the individuality of Royal Enfield and competing with various other existing manufacturers in the industry.
  • 4. Strategy for Face Lift  Study of Consumer satisfaction Market study for the problem faced by existing customers pertaining to various components of the bike which led to the decline of sales.  New Engine Development Decision to move on to a new engine to overcome all the existing problems faced by current engine by the study of various leisure bike manufacturers across the globe to increase the fuel efficiency, reduced weight and swapping of gear and braking system
  • 5. Continued…  Targeting Leisure Customers Instead of launching a lower segment product for the different consumer base, which already has plenty of other players, it focused on introducing more variants for the premier end customers (Cruiser Bike- Thunderbird)  Sales through Company owned Showrooms Opened company owned showrooms to raise customer satisfaction
  • 6. Advertisement- Strategy  Showcasing at Auto Expo, 2008 Presenting the Royal Enfield and Thunderbird at Auto Expo 2008, with conquering the terrain them  Unique Advertisement With Royal Enfield Leave Home campaign Since then company has not come up with new advertisements, rather now company uses various other promotion strategy and most importantly word of mouth for their sustained and increased sales
  • 7. Promotion- Strategy  Organizing nation wide tours Company organizes annual nation wide tours for the existing owner their bike to showcase the performance of bikes in the rough conditions and for enriching the customer experience  Factory Tour Company offers factory tour to the bike lover on every 2nd and 4th Saturday, where customers are taken to assembly line.
  • 8. Outcome Introduction of Variants  Continental GT  Thunderbird 500, 350  Classic Dessert Strom, Battle Green, Chrome, 500, 350  Bullet 500, 350, Electra From the initial annual capacity of 72000 bikes to current capacity of 1.5 lac bikes and still with piling order for over a period of six month company has planned to increase the production up to 3 lac bikes to meet the ever increasing demand from domestic and International market as well.
  • 9. Future With the arrival of global brand Harley- Davidson, the company may face a tough competition in the leisure bike segment. But the company seems prepared for the new challenges and it was clearly seen by its recent introduction of “Continental GT” to cater the demand of still higher segment bikers