Hero Honda - way to success

35
Integrated Marketing Communication Hero Hero Honda Honda
  • date post

    13-Sep-2014
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    Business

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Hero Honda is a pioneer in using IMC right from its inception.A model which other companies could imitate.

Transcript of Hero Honda - way to success

Page 1: Hero Honda - way to success

Integrated Marketing Communication

Hero Hero HondaHonda

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Cohesive Approach

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Hero Honda - In the making

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Right Cost

100 cc motorcycle

Fuel efficient &

Affordable

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Hero Honda-The Market Leader

Over 56 percent of market share in 2009

Over 25 million consumer base

Over 3500 touchpoints

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Integrated marketing communication-way to success

• Fuel efficient to marketing-led organization

• Advertising campaigns

• Product refreshes

• Brand health

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Emotional Branding

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Segmentation and subbranding

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Bike for all

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Youngistaan

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Just 4 her.....

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Fill It Shut It Forget It

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Har gaon, har angan

• 500 men• 3 two months long

waves• additional sale of

15,000-16,000 motorcycles through each wave

http://www.idrive.in/tech/framed/unique-Marketing-Strategy-of-Hero-Hond

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Advertising

o Discarded product categorization on the basis of engine size

o Product differentiation was the key

o Avoided customer confusion of products

o Karizma (premium segment) comes with the punch line, “Always game”

o The ad for the premium segment Hunk doesn’t talk of speed or power at all —

the focus is on the looks even while standing

o The CBZ Extreme comes with the promise, “Thinking is such a waste of time”

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Types of Advertisements

Celebrity Advertisements

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Types of Advertisements

Print and Outdoor

Advertisement

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Types of Advertisements

Covert AdvertisementMujhe Kuch Kehana hai – CBZ

Gavaskar Border Trophy – “Man Of The Match” Hero Honda Bike

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Types of Advertisements

Public service

advertisements• “DESH KI DHADKAN”

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Types of Advertisements

Broadcast advertisemensts• HERO HONDA RODIES

• HERO HONDA SAREGAMAPA

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Personal selling • Wide price range.• Each product with multiple optional features.• Experience speaks.• First six service free• Once in a year free check up for hero honda bikes from authorised comapany service station.• Good resale value.• Various schemes for goverment and miliatry employees.

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Print Advertisements

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Outdoor Advrtisements

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Personal Selling

Wide price range.

Each product with multiple optional features.

Experience speaks.

First six service free

Once in a year free check up for hero honda bikes from authorised comapany

service station.

Good resale value.

Various schemes for goverment and miliatry employees.

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Sales Promotion

• Large product portfolio starting from 37k to 95k

• Consistent launch of variants in the same models

• Wide range of colors available in each category

• Vast network of more than 2100 committed Dealers and Service outlets

spread across the country

• Festive offers- Rs 1000 discount with free accidental insurance

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Sales Promotion

Cash incentive program

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Sales Promotion...contd

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Pleasure promotional features

• 6 free services• 2 years warranty• 9 shades of color• Dual tone• Auto start

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CSD

• Choose bike of your choice at a considerable lesser price i.e. at CSD price anywhere in India

• Who can book?– All commissioned officers / staff -

either retired or currently serving in the Indian Army, Navy or Air Force - can avail of this facility

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Finance and insurance

– Insurance bank

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Direct Selling

Helpful staff

2100 authorized dealers Concentrated on brand rather than offering discountsHero Honda hasn't been offering

discounts since two years. Now with the competition heating up, would we see discounts

coming back?

For us competition never cooled down. There have been launches by our competitors, some

successful, some not. I don't see competition dying down, and we stay true to our strategy --

no discounting of products. A consumer's primary consideration is the brand, which is the

biggest differentiator. They will not pay attention to smaller considerations like Rs 1,000 off

or a better interest rate etc.

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Press Release

New Delhi, October 21, 2008: Hero Honda Motors Ltd (HHML), the world's largest two-

wheeler company for seven consecutive years, today firmly reiterated its undisputed

leadership in the domestic two-wheeler market.

Hero Honda passes on excise duty cut benefit to customers reduces prices on all models,

ranging from Rs. 1000/- to Rs. 2400/-sales 265,431 units of two-wheelers in February

Hero Honda has already rolled out its festive season initiatives, with the launch of four new

models – the all-new "Passion Pro" and three refreshes of its existing models - new CBZ X-

treme, a self–start version of Splendor NXG and the refreshed Pleasure.

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Press Release

Celebrating its 25th year, Hero Honda released an innovative music video in the month of

September. Titled "Hero Honda Dhak Dhak Go“

Hero Honda recently won two very coveted awards - "The Most preferred Brand of two-

wheelers" award at the recent CNBC Awaaz Consumer Awards 2008, and the "NDTV Profit

Business Leadership Award".