897 Hero Honda Re Branding to Hero Motocorp

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  • 8/3/2019 897 Hero Honda Re Branding to Hero Motocorp

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    Hero Honda Rebranding to Hero MotoCorp

    Written by Zigu

    Wednesday, 19 October 2011 12:04 - Last Updated Wednesday, 19 October 2011 12:13

    The year 2010 marked the end of one of the worlds most successful corporate marriages

    Hero Honda and a new beginning for The Munjals of the Hero Cycles Ltd. Back in 1984, the two

    firms shared a common belief that India with its burgeoning population, low per capita incomeand unorganized public transport system, would be in need of frugal means of personal

    transportation. Hero with its inherent knowledge of selling products in India was the champion in

    Sales & Marketing and Honda was the undisputed leader in two wheeler technologies

    worldwide. After 26 years of sharing technology to makethe most economical and fuel efficient

    motorcycles for the Indian consumers, Honda Motors decided to move out of the joint venture.

    This divorce enables the Hero Group to export its motorcycles to other nations which was not

    possible earlier and brings us to an exciting birth of a new brand Hero MotoCorp.

    The worlds largest manufacturer of two-wheelers by volume sales for nine consecutive years

    since 2001and one of The Forbes 200 Most Respected Companies in the world Hero Honda

    has come a long way. With a massive 5 million strong consumer base and more than 20 million

    two-wheelers on Indian roads, Hero Honda truly became Desh Ki Dhadkan with DhakDhak

    image touching the hearts and strings of everyone across the nation.Rebranding this big a

    brand would be a mammoth task in order to move out of the mould of Hero Honda and ride into

    newer and different horizons. The Hero Group roped in London-based Wolff Olins -a global

    brand and innovation specialist, to work on its new identity including the brand architecture,brand name, brand logo and brand positioningwith an underlying theme of Creation, Renewal

    and Re-energizingthe brand.The entire re-branding exercise would involve a gradual shrinkage

    of brand Honda and place Brand Hero on all its products by 2014.

    The new logo shows the letter H in capital with a clear white background along with Hero

    written beneath in Red. The black color in the logo stands for solidity and premium-ness while

    the Red gives a feeling of energy, passion, and confidence. To represent Hero in 3D, the logo

    even has a triangle, trapezoid and a parallelogram in the first letter of its name. The sharpedgesdepict style, engineering and innovation. The new logo is designed to relate to the youth

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  • 8/3/2019 897 Hero Honda Re Branding to Hero Motocorp

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    Hero Honda Rebranding to Hero MotoCorp

    Written by Zigu

    Wednesday, 19 October 2011 12:04 - Last Updated Wednesday, 19 October 2011 12:13

    and their 'can do' spirit.

    The company has rolled out a new anthemHum Mein Hai HERO (Theres a Winner in All of

    us), composed by A.R Rahman with the campaign launch on 15th August to capture the

    maximum eyeballs and was received with a lot of excitement and applause by the massesthatcould connect the HERO-ism of the brand with their daily challenges and a true winning spirit. I

    agree with Mr. PawanMunjal, the CEO of Hero MotoCorp, who explains this campaign as a true

    sense of Indian Catapult which signals that although its roots are very Indian, it is ready for

    global expansion.

    I like the way the Hero Group has re-positioned itself for the emerging Brand India. But the real

    test begins for the Munjals who will now have to look at building very crucial R&D facilities

    required to operate in a tough market like India. As a consumer, Ive always felt that the realHero in the new-age Hero Honda bikes was the Honda engineviz. CBZ, Hunk and Karizma.

    HeroMotoCorpneeds to make its consumers aware of the technology advancements and

    progress they make in their motorcycles to maintain their leadership position in the market. With

    players like Bajaj, TVS and Honda rolling out exciting models every year, we just need to wait

    and watch if the new HERO becomes India Ki NayiDhadkan or not.

    The Brand Journey of Hero

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  • 8/3/2019 897 Hero Honda Re Branding to Hero Motocorp

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    Hero Honda Rebranding to Hero MotoCorp

    Written by Zigu

    Wednesday, 19 October 2011 12:04 - Last Updated Wednesday, 19 October 2011 12:13

    This article has been authored by Puneet Kapoor from Goa Institute of Management

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