bajaj brand audit
TRANSCRIPT
8/8/2019 Bajaj Brand Audit
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Agenda
� Introduction
� Brand portfolio
� Segmentation� Addition/Deletion of Brands
� Pricing
� Roles of Brands
� Communication strategy
� Distribution strategy
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Introduction
� BAL ,is currently the number two player in
in Indian motorbike market
� Entered into the market first in 1986 with
collaboration with Kawasaki
� Made significant progress after 2001 when
they changed their strategy.
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� Brand portfolio± Product
± Branded ingredient DTSI (The silver bullet)
± Branded features
± Service enhancement Probiking stores
± Service channels : Retail probiking stores and E-biking
± Websites
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Statistics
� Low margins but high volumes from 100cc
� High margins
� 31% market share� 3-4% market share increase in six months
with the launch of XCD 125
� Looking at selling 2.5mn in FY07
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Product defining roles«
� House of brands
vs.
Branded house
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Reasons for HOB model«
± Competition± Large Indian automobile market-second
largest in the world
± Infrequently purchased, frequently used
± High involvement
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THE PLAYERS
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Bajaj Boxer
PLATINACROMA
AspireAvenger
PULSAR
BYK
DISCOVER
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Bajaj Boxer
PLATINACROMA
AspireAvenger
PULSAR
BYK
DISCOVER
XCD 125
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�DISCOVER 125
�DISCOVER 135
�PULSAR 150
�PULSAR 180
�PULSAR 200
�PULSAR 220
�AVENGER 180
�DISCOVER 112
�CT 100
�PLATINA
ECONOMY PERFORMANCE
POWER BIKING
(PREMIUM)
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�DISCOVER 125
�DISCOVER 135
�PULSAR 150
�PULSAR 180
�PULSAR 200
�PULSAR 220
�AVENGER
�DISCOVER 112
�CT 100
ECONOMY PERFORMANCE
POWER BIKING
(PREMIUM)
�PLATINA
200
�XCD 125
PROBIKING
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Delete«. But why???
� Roles becoming obsolete
� Majorly fighter brands i.e
Boxer,caliber,Byk,Croma,Aspire
� Shifting segments
� New and better technology i.e Discover 125 Dtsi
for Wind 125,export potential for Wind 125
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EACH ONE HAS A ROLE
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The Roles
� Pulsar ± Power brand
� Discover ± Strategic brand
� Avenger ± Power brand� XCD ± Flanker brand
� Platina- Fighter
� DTSi ± Silver bullet� Probiking - Vehicle
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Pulsar Power Brand
� Highest brand equity
± The leader in Premium bike segment
± It rejuvenated and catapulted Bajaj¶s image to
second in the market after Hero Honda
± The brand that marked the entry into the three
segments
± The brand that fetches 1/3rd of the Revenue
� The most leveraged and extended brand across
Performance and Power segments.
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The extensions (Descriptors)
Four brothers to guard against intruders
� Pulsar 150 DTSi The cash cow
� Pulsar 180 DTSi Strategic Exports
� Pulsar 200 DTSi Power biking
� Pulsar 220 DTS Fi Flagship model redefined thebike segment
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Avenger
� Cruiser bike market is a niche segment
± Transplanted with the DTSi engine
± 180cc and 200cc± First mover advantage in the cruiser segment
� Pitched against Enticer and Thunderbird
� Best in its class� A power brand
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CT 100, Platina ,Discover 112cc
The 100cc cousins
� Fighter brands
± Aspire and Croma 2001
� Brands for Economy/Commuter segment
� Pitched against competitors
± Mainly Hero Honda (CD Dawn and CD Deluxe)
± TVS Star city/sports
± The changing role of Platina after launch of exceed.
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Pricing
Product Line Price Competitors
Platina (100cc) Rs 39000 CD dawn/ Deluxe, TVS star
XCD (125cc) Rs 41000 TVS flame, Splendor, TVS victor
Discover (135cc) Rs 50000 None
Pulsar DTSi
(150cc/180cc)
Rs62000/67000 CBZ, Unicorn, Apache
Avenger Rs 65000 Closest competitor - Thunderbird
Pulsar DTSi (200cc) Rs 73000 Karizma
Pulsar DTSFi (220cc) Rs 88000 None
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Resources- Well allocated
� Power Brands given a big push with a feel
factor through Pro-Biking.
� Constant addition of frills to the entry
segment bikes
� Optimal resource utilization leading to well
plugged gaps
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Media mix
� Evergreen video advertisements
� Brand specific advertisements
� Print media- India Today¶s back cover
booked throughout� Auto expo
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COMMUNICATION
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DEFINITELY MALE
R&D and design marvel
India¶s He-bike
³Definitely Male´(O & M)
³Digital Biking´(Leo Brunett)-Technology
Superiority of DTSi
Concept of Free Biking(O & M) for Pulsor 200
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FEEL LIKE GOD
Agency-Lowe Baseline-´Inspiring confidence´
Cruiser bike positioned on the platform of comfort
Cricket-´Forgive the bowler,forgive the batsman,forgive
them all,Feel like God´-suggested a certain bury-the-past attitude
and build on gallons of optimism.
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� BAJAJ XCDBajaj wins the credit for making an
advertisement for a engine(first in india!)
± DTS-Si ad
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� CALIBER 115
³Hoodibaba´ teaser
Emmotional resonance to communicationCuriosity built-up
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Distinctly Ahead
Bajaj Announces ³Distinctly Ahead´
Future Vision
� Presents the New Distinctly Ahead
Hamara Bajaj Commercial
� Launches the Distinctly Ahead 220 Pulsar
DTS-Fi
� Inaugurates the Distinctly Ahead Probiking
Showroom in Delhi
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Logo- Inspiring Confidence
� Brand essence - "Excitement´.
� Part of the ongoing changes
� The traditional hexagon to stylized B, the
"flying B³� "Inspiring Confidence".
� Fresh new blue colour
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Logo- Distinctly Ahead
� To align the company and all key stakeholders
with a clear, purposeful, and unifying direction
� Distinctly Ahead comprises of three core values
Speed, Innovation and Perfection
� The demonstration of the ³Distinctly Ahead´ethos seen through two unique initiatives
Probiking showroom and Pulsar DTS-Fi.
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Brand VehicleBrand Vehicle
Pro-Biking� Exclusive showrooms to showcase Bajaj technology
and for brand building
� Foray into retail biking, first of its kind.
� Currently,8 in Delhi, Mumbai, Ahemdabad, Chennai,Pune, Chandigarh.
� 55 outlets to be opened all across India in 2007,
� Niche customers who know what they are buying.
� Motive is not to push their product.� Experience, test, buy the product..
� Only 200cc & 220cc available, initially 180cc too.
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Dealership� Various franchises all over the country.
� Network of 500+ dealers and 1,500+ Authorized Service
Centers.
� To expand touch points from 4,000 to 10,000 no¶s� Presence in every location where population > 10,000
� Expand warehouse network from existing 12 to 20, to
ensure vehicle availability to dealers within 5 ~ 10 hours
of ordering
E- Biking� Booking bikes on the Bajaj website
� Removing intermediataries
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www.pulsarclub.com
� Interactive and involving± A platform for pulsar lovers to interact
� Rich in content
± reviews± latest happenings
� Personalization± Blogging
± Bike problem handling± Biking experiences
± Where?whom?what?how?when?
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XCD -A future oppurtunity«.
� A different strategy :- Exit the 100cc
� De growth
� Launched in between Platina and Discover 125cc
� An oppurtunity : Planned cannibalization
� From a Flanker to a Strategic brand in due course
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Bajaj ± Nobody¶s Perfect
� Discover 125cc/135cc ± Low perceiveddifferences by customers
� Frequent phasing out..
Boxer, Caliber, Caliber Croma, Wind 125cc,Discover 125.
� Wind 125/ Discover125cc««n now XCD 125.Confused Management
� Reactive moves created clutter in 100ccsegment and hence had no strong brand in thatsegment
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Learnings
� Kill the brand keep the customer (Entry level segment)
± Prune down brands whose roles turn obsolete
� Synergy between brands is vital for a strong brandportfolio
� A sub-brand can become stronger than the Master-brandover a period of time
� Make the category irrellevant to fight competition
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There are no Answers««
Future is uncertain«.
� How far can they extend pulsar as a brand ?
� Withdrawing pulsar from 150 cc and extending Discover
to that segment or ?
� Will Exceed become the new Pulsar??
� And the launch of the Pulsar on four wheels??
Mission 2010
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Distribution Strategy
� Increase in motorcycle volumes(BOXER)± Reduced costs at vendor end
� Around 500 dealers,1500 authorized
service centers,1400 rural outlets� Rural Dealerships
� ³BAJAJ PROBIKING´
(Pune, Ahmedabad, Chennai, Hyderabad,Kolkata, Navi Mumbai, Chandigarh andNew Delhi.)
Closest dealer(website)