The document discusses Renault's marketing mix for their Kwid model car. It provides details on the 4Ps of Product, Price, Place and Promotion for the Kwid. The key points are:
1) The Kwid is Renault's new small car launched in India in 2015, with an 800cc engine and fuel efficiency of 25 kmpl, to target cost-conscious customers.
2) Pricing starts at Rs. 2.56 lakh to Rs. 3.53 lakh, making it one of the most affordable cars in India.
3) It is sold through Renault's dealership network of over 130 showrooms across India.
4) Promotion includes Bollywood star
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-An Integrated Campaign Targeting Millennials
-Strategic Brand Concepts Class at VCU Brandcenter
HONDA is a Japanese multinational company.
World’s largest manufacturer since 1950s.
HONDA CIVIC won ‘CAR OF THE YEAR AWARD’ in 2006 and in 2016.
HONDA manufactures vehicles for land, sea and air.
It makes robots as well as wind turbines.
HONDA ACCORD won ‘CAR OF THE YEAR’ in 2018.
-Presented to representatives from Audi North America & associates from Venables Bell & Partners
-An Integrated Campaign Targeting Millennials
-Strategic Brand Concepts Class at VCU Brandcenter
HONDA is a Japanese multinational company.
World’s largest manufacturer since 1950s.
HONDA CIVIC won ‘CAR OF THE YEAR AWARD’ in 2006 and in 2016.
HONDA manufactures vehicles for land, sea and air.
It makes robots as well as wind turbines.
HONDA ACCORD won ‘CAR OF THE YEAR’ in 2018.
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3. It is the set of tools that the firm uses to pursue its
marketing objectives in the target market .
Levers marketers adjusts to satisfy customers.
Marketing mix is composed of a large battery of
advices which might be employed to induce
customers to buy a product.
Marketing Mix = Controllable Variables(4P’s
4. •The term "marketing mix" became popular after
Neil H. Borden published his article “The
Concepts of the Marketing Mix” in 1964.
•The marketer E. Jerome McCarthy proposed a
four Ps classification in 1960
•Robert F. Lauterbor proposed a four Cs
classification in 1990.
5. The marketing mix is a business tool
used in marketing and by marketers.
The marketing mix is often crucial when
determining a product or brand's offer,
and is often associated with the four P's:
price, product, promotion, and place.
7. Kotler opines ‘A product is anything that can be offered to a market for
attention, acquisition, use or consumption that might satisfy a want or
need’. A Glance at Banking Products Marketing Mix – Product
New Product Development Process
idea generation & screening
concept development and testing
marketing strategy development
business analysis
product development
market testing
commercialization
8. You don’t sell through price. You sell the
price! A Price is:
“What You Think your product is Worth to
That Customer at That Time.”
9. The price is the amount a customer pays for
the product.
It is determined by a number of factors
including market share, competition, material
costs, product identity and the customer's
perceived value of the product.
The business may increase or decrease the
price of product if other stores have the same
product.
10. Place represents the location where a
product can be purchased.
It is often referred to as the distribution
channel . It can include any physical store as
well as virtual stores on the Internet.
12. Promotion has five distinct elements – advertising,
personal selling, public relations, word of mouth and
point of sale .
A certain amount of crossover occurs when
promotion uses the five principal elements together.
Advertising covers any communication that is paid
for, from and cinema commercials, radio and Internet
adverts through print media and billboards.
Promotion -Promotion represents all of the
communications that a marketer may use in the
marketplace.
19. Renault-Nissan alliance signed MOU with
Tamilnadu Govt. for production plant.
Invests more than 4500 crore rupees.
1st ever car designing studio built in Mumbai by
any MNC.
Success of Duster helps them to gain 2% market-
share in Indian market
Next target is to achive 5% share by their new
product KWID.
More then 1,00,000 unit sold out by the company.
20. The Renault corporation was founded in Febuary 1899 as Société Renault Frères by Louis
Renault and his brothers Marcel and Fernand
The first Renault car, the Renault Voiturette 1CV, was sold to a friend of Louis' father
after giving him a test ride on 24 December 1898
Founded- February 1899; 117 years ago
Founder- Louis Renault, Marcel Renault, Fernand Renault
Headquarters- Boulogne-Billancourt, France
Area served - Worldwide (118 countries)
Key people- Carlos Ghosn (Chairman and CEO) Louis Schweitzer
(Chairman and CEO 1992-2005)
Products- Automobiles, commercial vehicles, Luxury Cars, financing
23. The Kwid is the first car to be based on the new CMF-A
platform jointly developed by Renault and Nissan.
Dimensions:-
Wheelbase2,422 mm (95.4 in)
Length3,679 mm (144.8 in)
Width1,579 mm (62.2 in)
Height1,478 mm (58.2 in)
Manufacturer-Renault
Production-2015present
Assembly -Chennai, India (Renault India)
24. Premium SUV inspired hatchback car, 1st time in India.
800 cc engine with power of 59bhp, with 72nm torque, 180 mm ground
clearance.
3 cyl petrol engine in all variant.
Boot capacity almost 300 ltr, more than i20.
Fuel efficiency almost 25kmpl, most fuel efficient.
Pricing 2.56-3.53 lakh.
ABS in the top varient.
Digital instrumental cluster is very clear and straightforward.
gear shift indicator, on the top-end variant is a 7-inch touchscreen,
which sits proudly in the centre console.
25. 3d Image Of Interior Driver Side Airbag
Media Nav Handsfree Callin Feature Ergo Smart Cabin
26. Best In Class Ground Clearance With 180mm
7 Inch Touch Screen Media Nav Is First In ClassRenault Kwid Boot Space 300 Liters
Head Light back and front light (Left or Right )
27. In Lawn Looking Great
Bold Look
Top View Shot
Renault Kwid Media Ad
31. Mostly targeted segment is the HATCHBACK segment.
Middle-class, Upper middle-class people.
SUV inspired hatchback model to attract more customer.
Effective fuel efficiency (best in class – 25.57 kmpl) to attract cost
sensitive buyers.
Fully loaded interiors & exteriors (Better than Alto. Eon, WagonR,
Datsun GO)
Price is very affordable (Key factor of this car, 2.56lac-3.52lac)
33. Ranbir Kapoor is the brand ambassador.
He is heart throab of young generation so can easily inspire
young gen.
Success of Duster made this brand popular in India.
More than 130 dealers & showrooms.
Online and offline promotion.
TV commercials.
34.
35.
36.
37.
38. Highest market share hold by Maruti (Almost 50% IN hatchback segment)
Nearest copetitors are WogonR, Datsun GO, Hyundai eon, Alto 800
Renault’s target is achiving 5% share.