Maruti Corporate Strategy * Repositioning/revitalising of products: Whenever Maruti’s cars sales reached the maturity stage in the product life cycle‚ they revitalised the product to gain momentum in the market share. Few examples that can be noted in this regard are: * Omni – Interiors and Exteriors‚ Omni Cargo & CNG omni * Versa – Slashed prices by decreasing engine power * Esteem – Changed the exteriors to boost sales * Baleno – Slashed prices * WagonR
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competitors. Sale Unit sold 1996 1989 1987 1983 0 Unit sold 50000 1983 852 100000 1987 20‚269 150000 1989 63736 200000 1996 189061 Sales touched 200‚000 mark in 1999. Repositioning of Maruti Products. New soft edged jelly bean shape introduced in 1997. Maruti 800′s carburetor with fuel injection. 40 million two wheeler owners targeted. Entry of competitors like General motors‚ Ford‚ Tata. DECLINE STAGE (2003 – UPTO NOW) Heavy competition from i10‚ Spark
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SDM INSTITUTE FOR MANAGEMENT DEVELOPMENT | STUDY OF MARUTI SUZUKI ALTO SDM IMD | REPORT SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF POST GRADUATE DIPLOMA IN MANAGEMENT | | | Submitted to‚ Dr. H GAYATHRI Submitted by‚ Anuja Rani (12128) Harish K P (12140) Namratha Subramani (12152) Roshan V Shetty (12158) Sriharsha
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4p’s PRODUCT The basic definition of product is anything that can be offered to the market to satisfy a want or a need. MRF differentiate itself from the competition‚ on its two pillars of high quality and endurance PLACE 7 plants located in various places in south India 2‚500 outlets in India and exports to over countries in India . It distribution channels include: Factories Division and regional distribution centres Carrying and Forwarding Agents Dealers
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REPORT ON 10 P’S OF MARKETING EXECUTIVE SUMMARY The product launched is HAIR COLOURING BRUSH‚ with refill capability under the name of EASE PRODUCTS COMPANY. The product will be launched at Pune on 25 July and then later at ‚ New Delhi‚ Mumbai‚ Bangalore and Kolkata‚ Chandigarh after a gap of one week. The youth specially is very fond of coloured hair so this product is very useful for them as they don’t have to go to the parlour every
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Product The Groupon product is certainly categorized best as an innovative product. Groupon was the first to enter the “deals” market in a world of social commerce. Social commerce is a subset of e-commerce that involves the use of social media‚ online media that supports social interaction and user contributions‚ to assist in the online buying and selling of products and services. While Groupon isn’t the first company to use social commerce in their distribution strategy‚ however‚ they are the
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On the first day of the communication week we were introduced to the ‘Four P’s of Success’ framework to help us find the right career. Our group spent a session on one of the P’s namely Passion. We used a funnel approach starting from broader interests narrowing it down to our passions‚ before finalizing on a singular item that we could relate to and communicate effectively. There was a common thread linking a lot of my interests which culminated in the final selection of ‘identifying trends/making
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When dealing with the marketing mix‚ the four P’s of marketing include product‚ place‚ price‚ and promotion. The product is one of the most important items in the four P’s of marketing. This is what you are actually selling. It is important to know what the product will give the customer‚ and what the customer wants from it. Place is where the consumer will look for your product or service. If the product or service is in a store‚ it should be in an area related to the product. It could be in a specialist
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The Marketing Mix and the Four P’s The marketing mix is what most marketing people call "the 4 P’s" and it consists of Product‚ Price‚ Place‚ and Promotion. "Some people will increase the marketing mix to the "five P’s"‚ to include people. Others will increase the mix to "Seven Ps"‚ to include physical evidence (such as uniforms‚ or facilities) and process (i.e. the whole customer experience e.g. a visit to Disney World)" (Marketing Teacher‚ 2000). The marketing mix is a very important aspect
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Equity Research Report Maruti Suzuki Ltd INTRODUCTION Equity Research refers to the study of the performance of the economy as a whole‚ the industry and various companies and analyzing the same. It enables to predict the future performance of a particular stock based on its past performance‚ the current status of the internal as well as the external environment. This include both fundamental as well as technical analysis. The internal environment includes: * The financial performance
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