Tata nano…NANO
The ONE lakh car drives ONE
billion dreams…
contents
Idea Generation
Product Specification
Product Features
SWOT
STP
Pricing
Promotion
Post purchase service
Future
bibliography
Idea generation
“I saw families riding around on
scooters with kids standing up and the
mother carrying a baby and sitting
pillion and decided to do something
about it. It started as a quest for an
affordable transportation solution”.
RATAN TATA
source:- Business
standard
Tata Nano: Specifications
Looks: The snub-nosed car keeps in the tradition of the Fiat 500,
Nissan Micra and the Smart.
Dimensions: 3.1 metres (10.23 feet) long, 1.5 metres wide and 1.6
metres high. Can seat four to five people
Engine: A two cylinder 623 cc, 33 horsepower rear mounted, all
aluminium, multi-point fuel injection petrol engine can power the car
to top speeds of 105 kilometres per hour (65 miles per hour).
Fuel Efficiency: 20 kilometres per litre, or 50 miles per gallon is
claimed.
Pollution: Exceeds Indian regulatory requirements and can meet strict
Euro IV emission standards. In terms of overall pollutants, Tata says
the car is better than two-wheelers manufactured in India currently
specification……
Safety: Car exceeds current regulatory requirements with a strong
passenger compartment, crumple zones, intrusion resistant doors, seat belts,
strong seats and anchorage.
Nearest Domestic Car Rival: Maruti 800, part of Japanese-owned Suzuki
Maruti stable whose base model sells for about 4,800 dollars -- nearly
double the price of the Nano
Nearest International Rival: China's Chery QQ which retails for 3,600
dollars.
Market: India's car market is a huge draw because car penetration is just
seven per 1,000 people, compared to 550 per 1,000 in such countries as
Germany or 476 in France, according to the Society of Indian Automobiles.
Product Features
Length:- 3.1 mtr
Wide:- 1.5 mtr
Height:- 1.6 mtr
Weight:- 600 Kg
Mileage:- 20 Kmpl
Fuel tank:- 15 Ltr
Engine:- 624 cc
Top speed:- 95-100 Kph
Ground clearance:- 180 mm
Gear box:- 4-speed
Swot analysis
STRENGTH :- Price, mileage, style, brand name,
all weather vehicle, first innovation.
WEAKNESS :- Fiber body, low suspension power,
low engine capacity, light vehicle,
not suitable for hilly areas.
OPPORTUNITY :- Bikers can be motivated, auto rickshaw
& second hand market can be motivated.
THREATS :- Other competitors (Bajaj, Maruti,Tara tiny)
not eco-friendly, Govt. may come with new rule.
Stp
Segmentation :Variable Used
Geographic: rural and urban
Demographic: family size & income.
Behavioral: benefit & user status.
Target Market: Executive two wheeler segment,
second hand car user, auto rickshaw market, middle and
lower income group people.
Positioning: TATA intending to place in the mind of the
consumers as a people’s car.
Strategic options: Undifferentiated marketing.
PRICING STRATEGY
Though the one lakh price tag is not fixed by TATA
group, it was the word of mouth of people which fixed
that range. This expectation of people creates a big
challenge for the company. To accept this challenge
the following strategies are followed:-
Target costing method
Penetration pricing
Low pricing policy with minimum profit margin.
Promotion activities
Enough use of one of the most important element of
promotion mix , publicity reduces the necessity of other
promotional devices for nano. Nano got publicity in the
following ways:-
Publicity as “One lakh car” by mouth to mouth.
Auto expo 2008,New Delhi & Geneva
Publicity through print & electronic media
Singur violation.
Promotion activities….
For other type of promotional activities ,cost factor that is 1
lakh price tag is to be keep in mind.
Advertising:- TV & other mass media will be less effective,
thus too much money will not be invested in this regard .
Mainly word of mouth advertising will get more emphasis.
Internet will be a major media for advertising.
Promotion activities….
Online buzz:-Nano has gone beyond the traditional methods of
advertising and promotion online .
Social Media communities:-
Official Orkut community Members - 6,906.
Official Facebook Group Fans - 4,210
Highest View Count on You Tube- 303,006 (it was just under
3,00,000 when I began writing this post)
No. of Blog Posts - 61,664
TATA have a blog on the official website where they have been
discussing quite interesting topics and generally maintaining
an active community.
distribution
So far we know TATA, it’s business has been extended to the
overseas i.e. to the Europe, Africa, U.S & Australia.
Hence it has n-number of showrooms in India & outside of
India.
The exclusive showrooms are the best distribution channels
for TATA itself.
Post purchase service
As Tata is going to provide this car with rupees one lakh only,
so it may not give the same service like it’s other vehicles.
But it’s post purchase services will be better than a costlier
bike.
Customers may get minimum three services from Tata in any
of it’s servicing center, all over the country.
We the future customers, can also hope for additional services
from TATA group.
Nano story 2020….
Nano story 2020….
Nano story 2020….
Nano story 2020….
NEERAJ KUMAR
IM-2K5-30
ZEESHAAN
IM-2K5-63
THANK YOU