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8/14/2019 Product Launching Strategy of Fusion Bike
1/8
Projected By:-
( )
8/14/2019 Product Launching Strategy of Fusion Bike
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To launch a premium (250) segment bike which will compete against HeroHonda Karizma, Bajaj Pulsar & Yamaha YZ.
To launch a pro-biking experience which will not only provide customerswith good quality bikes, but also a professional biking experience.
Demand shift from scooters to motorcycles in the 1990s was without parallel
in any comparable product category in India.
Change in customers' preference towards fuel-efficient and aestheticallyappealing models, which scooter manufacturers failed to provide.
An estimated 60% of the demand for motorcycles comes from rural andsemi-urban customers.
Since the launch of karizma in June 2003 Hero Honda has been the only
bike manufacturer in the 220-250 cc segment enjoying the monopoly of this
space.
With the sales in this segment increasing by 4% every year and high profitmargins, launching a bike in this segment is the need of the hour.
8/14/2019 Product Launching Strategy of Fusion Bike
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Market runs on high economies of scale and on high economies of scope.Need for technical expertise is high.Owning a strong distribution network is important and is very costly
Suppliers of auto components are fragmented and are extremely critical for this
industry since most of the component work is outsourced.
' Buyers in automobile market have more choice to choose from and the increasing
competition is driving the bargaining power of customers.
8/14/2019 Product Launching Strategy of Fusion Bike
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Engine 250 cc single, 2 valve, 4 Stroke, EFI, aircooled
Bore x Stroke: 67 mm x 62.4 mm
Top speed 160 km/h (estimated)
Power 20 PS (15 kW; 20 hp)
Torque 19.13 Nm (14.11 lbft)
Transmission 5 speed manual sequential
Suspension Front: 37 mm telescopic hydraulic type
130 mm (5.1 in) travel
Rear: Ellipitical section swingarm with
twin hydraulic gas-charged shock
absorbers; 101 mm (4.0 in) travel
Brakes Front: 260mm disc
Rear: 230 mm disc
Tires Front: 90/90-17 tubeless
Rear: 120/80-17 tubeless
Weight Approx. 150 kilograms (330 lb)
8/14/2019 Product Launching Strategy of Fusion Bike
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As 180-220cc bikes available in the market, their price range is 70,000/- to
80,000/-. And we are new in the market so we launch our bike at approximate
90,000/-. So we can stable in the market & compete our competitors.
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(
We will be having direct co
The dealers will directly s
which has only the dealers
)
ntact with the dealers. No middlemen wi
ll to the customers. The channel will
s the link between the customers and the
ll be involved.
e of 1st level
company.
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We will be using a youth celebrity or star as we understands that its thepeople of India and specifically the youth who will be using this bike and
therefore the advertisements are made keeping the youth in mind and
therefore all the advertisements campaigns will be youth oriented.
We also will promote its pro-biking concept by providing high qualityservices to its premium bike owners.
Geographical market segmentation will be done considering that this bike
will be for premium buyers who pay more emphasis to performance.
Secondly this bike will be higher on the price range in the lights of karizmaand will only be available through pro- biking showrooms which will be
company owned initially.
These pro-biking showrooms will only be opened in cities like Pune,Mumbai, Delhi, Banglore, Jaipur & Chennai.
New pro-biking showrooms will be opened by the coming in various othercities as per the demand from the cities.
Auto experts personal feel & experience - extensive testing on allconditions.
Assessments by all leading auto magazines.
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(.)Source of reassurance to customers.Building credibility around the product.Shootouts by auto-magazines with top ratings across, against leading
competitor brands.
Comparative test rides and sales training to all involved parties.Demonstrative method to show product benefits & superiorities.Customers personal feel of the bike during the sales talk.
One of the most important marketing strategies will be the launch of pro-bikingconcept in which professional biking showrooms will be opened, providing not
only premium bikes but value added services like dynamo test, online booking, and
performance parts for premium bikes, bike apparels and accessories. This biking
concept will be the first of its kind, revolutionalising the complete biking scene in
India.
Only in Pune(biking capital of India) and subsequently in other places mentioned
above.