Honda Vietnam plays an important role in Vietnamese market of motorbike, with a large market share of 75% (2008). It also can remain the top position by launching a new line of scooter named Air Blade in Vietnam. This report will analyze the situation of this new product including the current market, the marketing environment, the organization, the customer and the competitors. By gathering the information from secondary data, the report includes 6 main parts. The first part is Company Analysis that analyses Honda Vietnam’s missions and objectives. The next part identifies the environment elements around the company that can affect its product – Air Blade. Additionally, Air Blade’s market position and main competitors, which are Yamaha Nouvo LX and SYM Attila Elizabeth, will be mentioned in the third part. As well, Customer analysis is also an important part that considers the new scooter’s market segmentations: demographic, geographic, behavioral and psychographic. This report also contains the performance of Air Blade’s brand by using BCG model and PCL Stage. As an overview of Air Blade’s performance, SWOT analysis part mentions about the Strengths, Weaknesses, Opportunities and Threats of the product. Finally, Conclusion part are the summary of key points in the report and some recommendations. Air Blade is one of the most successful product lines of Honda Vietnam; and marketing is also an important contributor to its considerable success. Air Blade, like its own slogan – “Leading to the new age”, open a new time of innovative technology scooter where customers can find their complete satisfaction in the product.
Honda Air Blade analysis
2
Table of contents
Executive summary .........................................................................................2 1. Introduction .....................................................................................................5 2. Company analysis
References: 1. [URL] Minh, Do Duc, 2008, ― Vietnam 's growth rate to reach 8% in 2007-2008: WB‖ Available at URL: http://english.vietnamnet.vn/biz/2007/04/682300/ (Accessed 11, May 2009) 2. [URL] Honda website Available at URL: http://www.honda.com.vn/web/Default.aspx? (Accessed May 2009) 3. [URL] Tuan Minh, 22/1/2009, Honda Thái Lan ra mắt phiên bản Air Blade 2009 Available at URL: http://autopro.channelvn.net/200912221420961ca0047/honda-thai-lanra-mat-phien-ban-air-blade-i-2009.chn(Accessed 6, May 2009) 4. [URL] Phan, Vu, 25 July, 2007, ―Honda Air Blade Vs Yamaha Nouvo: Chất luợng hay thời trang...?‖ Available at URL: http://vietbao.vn/O-to-xe-may/Honda-Air-Blade-Vs-Yamaha-NouvoChat-luong-hay-thoi-trang/61002253/379/(Accessed 11, May 2009) 5. [URL] Tung , Ngo, Saturday, 10/05/2008 - 9:06 PM,‖Phiên bản mới của Honda Air Blade ra mắt‖ Available at URL: http://dantri.com.vn/c111/s111-231892/phien-ban-moi-cua-honda-airblade-ra-mat.htm(Accessed 10, May 2009) 6. [URL] Trong nghiep, 20/4/2007, 04:42 GMT+7,‖ Honda Air Blade làm nóng thị trường xe tay ga‖ Available at URL:http://www.vnexpress.net/GL/Oto-Xe-may/2007/04/3B9F5426/(Accessed 10, May 2009) 7. [URL] Autonet.com.vn , 14/5/2007,‖Honda Air Blade: Bản lĩnh tiên phong‖ Available at URL: http://vietbao.vn/O-to-xe-may/Honda-Air-Blade-Ban-linh-tienphong/61001823/379/(Accessed 9, May 2009) 8. [URL] Tuan tran, 23/04/2007 8h32 (GMT+7),‖Honda Air Blade - Bản lĩnh đàn ông‖ Honda Air Blade analysis 30 http://www.vtc.vn/otoxemay/tintuc/honda-air-blade---ban-linh-danong/155915/index.htm(Accessed 7, May 2009) 9. [URL] Huynh minh, 2009,‖Nguyên nhân Honda AirBlade bị tắt máy khi đang đi?‖ Available at URL: http://www.baomoi.com/Info/Nguyen-nhan-Honda-AirBlade-bi-tatmay-khi-dang-di/145/2728228.epi(Accessed 7, May 2009) 10. [URL] Linh tran, choXe.net , 2008, ―Honda giới thiệu Air Blade và Air Blade Repsol mới‖ Available at URL: http://www.honda.com.vn/web/default.aspx?cmd=pro&zoneid=105&lang=en-US(Accessed 7, May 2009) 11. [URL] Business Monitor International , April 30, 2009,‖ Vietnam Power Report Q2 2009‖, Available at Available at URL: http://www.aseanaffairs.com/page/vietnam/economy_growth_target_set_at_77.5_per_in_2009(Accessed 9, May 2009) 12. [URL]Phan anh, 2009, ―VIETNAM/ECONOMY: Growth target set at 7-7.5% in 2009‖ Available at URL: http://www.lookatvietnam.com/tag/honda-vietnam(Accessed 11, May 2009) 13. [URL] Minh duc, May 4, 2009, Scooter prices on the rise, despite stable supply Available at URL: http://english.vietnamnet.vn/biz/2007/07/720337/(Accessed 12, May 2009) 14. [URL] Vne, 19/07/2007 ,‖Honda, Yamaha kick off stiffer competition on motorbike market‖ Available at URL: http://en.wikipedia.org/wiki/Economy_of_Vietnam(Accessed 11, May 2009) 15. [URL] Asian information website, 2008, ―Economy of Vietnam‖ Available at URL: http://www.asianinfo.org/asianinfo/vietnam/pro-economy.htm(Accessed 9, May 2009) 16. [URL] Quoc dat, 08/11/2006 ,‖ Honda Air Blade không phải Honda Click "2 đèn" Available at URL: http://www.vtc.vn/otoxemay/tuvan/honda-air-blade-khong-phai-hondaclick-2-den/150860/index.htm(Accessed 7, May 2009) Honda Air Blade analysis 31