Indi Asm - Honda Vietnam
Indi Asm - Honda Vietnam
Indi Asm - Honda Vietnam
Company: Founded in 1996, Honda Vietnam is a joint venture between Honda Motor
Company (Japan), Asian Honda Motor Company (Thailand) and Vietnam Engine and
Agricultural Machinery Corporation with 2 industries. Main products: motorcycles and
cars. After more than 20 years in Vietnam, Honda Vietnam has continuously grown
and become one of the leading companies in the field of motorcycle manufacturing and
prestigious car manufacturers in the Vietnamese market.
With more than 10,000 employees, Honda Vietnam is proud to bring customers high
quality products, dedicated services and contributions to a healthy traffic society. With
the slogan "The Power of Dreams", Honda wishes to share and fulfill the dream with
everyone by creating new joys for people and society.
Reference: (Honda,2021. h ttps://www.honda.com.vn/ . Available from:
https://www.honda.com.vn/gioi-thieu/gioi-thieu-honda-viet-nam)
1.2 .Products/Service and Customers
Honda VietNam currently occupies the leading position of Vietnam’s motorcycles
market. Since it’s establishment the company has constantly improved and brought to
markets cars to meet needs, elastics trend and taste of traveling in Vietnamese market.
Some typical vehicles usually used by consumers are: Super Dream, Wave Alpha, Wave
RSX, Wave RS, and new generation Future 125 Fi.
Reference: (Honda,2021. https://www.honda.com.vn/ . Available from:
https://www.honda.com.vn/xe-may/san-pham)
Honda also provides repair and replacement services, maintenance of cars and
motorcycles.
Honda genuine parts ensure Honda quality and standards with the synchronization
between components for the highest accuracy. Made from high quality materials using
the most advanced technology, Honda genuine parts whether imported from Japan,
Thailand, China or supplied by domestic manufacturers always ensure the demand for
technical features, at the same time strictly satisfy Japanese quality standards such as
Jis, Hes, Jama ... and also Vietnamese standards (TCVN). All parts supplied by Honda
Vietnam always meet the same quality requirements as those produced in Japan.
Honda genuine parts are easy to find, now available in all provinces, distributed
through Honda Motorcycle Sales and Service Stores nationwide and also expanding
through the stores. repair goods for customers far away.
Reference: (Honda,2021. https://www.honda.com.vn/ . Available from:
https://www.honda.com.vn/xe-may/phu-tung)
2. The Situation Analysis (SWOT)
Strengths Weaknesses Opportunities Threats
Figure 1.2: Vietnam’s Honda Dealers
4P Marketing Mix
● Products: Honda Civic Type R 2021, the 10th generation of Honda's C-line
Sedan, but the Honda Civic type R is a bit different from the previous
generation. If the previous generations of traditional Sedan attracted users by
elegant and luxurious design. Here, Civic type R brings a new look, a bit "fiery"
than before. This is considered a spectacular transformation of this car line.
Honda Civic Type R impresses with its sporty, trendy appearance with a strong
direction. Unique design lines make this product capable of occupying the
viewer at first sight. This is expected to be one of the versions that will bring a
name to Honda in the small sports car segment.
(Hondaotophattien, February 12, 2020, Available from:
https://hondaotophattien.com.vn/vn/honda-civic-type-r.html)
● Place: Honda sells cars through a network of 740 retailers in Japan; 1,310
agents in the US; 1,580 agents in Asia (excluding Japan); and 1,150 dealers in
Europe as of 2014. As of 2014, Honda had 6,900 stores in Japan. Honda sells
motorcycles through independent dealers in the US and Europe and Asia with
1,040 dealers in the US, 14,070 in Asia and 1,400 in Europe. In Vienam there are
38 Honda Auto Dealers around the country
(MBA Skool Team,April 19, 2020 , Available from:
https://www.mbaskool.com/marketing-mix/products/16728-honda.html)
● Price: Honda has cars which target every segment of the market. Honda has
hatchbacks, sedans, luxury sedans and SUVs. Hence, the pricing strategy in the
marketing mix of Honda is based on various parameters like competition,
segment, features etc. These automobiles target customers from low middle
income level to high income level.
● Promotion: The advertising strategy in the marketing mix of Honda is the one
who drastically Honda uses large-scale TV ads Honda has released ads with
different themes to attract customers. Focus more on Honda's cutting-edge
innovation and engineering, such as the gear ad released in 2003. Honda also
released an ad showcasing Honda's founders dream of making High Quality car.
Reference: (M BA Skool Team, April 19,2020. www.mbaskool.com. Available from:
https://www.mbaskool.com/marketing-mix/products/16728-honda.html)
3. The Marketing Strategy Plan
3.1 . Objectives:
● Raise customer awareness about the new Honda Civic Type R 2021
● The number of followers on Facebook and Instagram is expected to increase.
pecifically, Facebook fanpage gains 500 followers each month, Instagram
official account gains 500 each month and Youtube official channel gains 100
subscribers each month.
● Increase sales from 1930 units to 6000 units on the next 3 months after
launching
● Campaign to promote the Honda Civic 2021 Type R with slogan “ Feel the R
heat”
Figure 3.1: “Feel the R heat”
3.2 . Media Strategy
a) Focus on interactive media and interactive advertising
Focus on Facebook ads, Google Ads and Youtube Ads because nowadays people tends
to search for cars online than go to dealers or showroom.
b) Create an understandable and relevant message
c) Upload a video about the new Type R car
3.3 . Selecting broad media classes
Most automobile brands get great levels of engagement on social media. This is not
because social media audiences can't resist seeing pictures of swanky new cars.
Honda's engaging content and effective social media strategies behind their execution
are a must study for all social media marketers. Honda have different social media
profiles that cater to their target audiences in different geographical locations as well
as for their different products.
The qualities we need from our media classes are: buzz, relevant, visual and immediate
response
Immediate Relevant Visual Buzz
response
Number of internet users in Vietnam are increasing through year, so the best way to
attract customers’s attention is social media.
Honda’s social media has potential viewers and subscribers:
- Facebook:
- Official Honda Vietnam fanpage got 3.874.297 follows and reach 3.801.631
likes.
- Youtube: Honda Vietnam Official channel now reach 188k subscribers
Due to that social media is going to be the main media vehicles
Email Marketing:
- Informed Clients that had and have used Honda service and products
- People who subscribe to the company channel, website
Support media: Instagram and Twitter is going to be use to support the main content of
the campaign
3.5. Media use decision:
Facebook:
- - Run online advertisements.
- - Upgrade the fan page with more viral content about the Civic
- Seeding in relevant groups especially: Hoi Me Xe, Cong dong Civic Vietnam, …
Details:
- Upload image and video about the Civic
- Add post with content talk about the part and special details of the car: Engine,
Spoilers, Furniture…
Frequency: 1-2 posts/day
Facebook stories will be in sync with Instagram account stories.
- Seeding in relevant groups: Hoi Honda Civic Vietnam has 109,3K members is a
potential group
- Content not always about the car, content can be change to customer’s feeling
about the car, the excitement when driving the new car.
Youtube:
- Video upload, seeding on Facebook groups for more views
- News & updates content
- Advertisements between videos (in-stream ads, overlay & banners, ...)
Email:
- Informed Clients that had and have used Honda service and products
- People who subscribe to the company channel, website
Instagram:
- Run online advertising on instagram stories
4. Creative Strategy Plan:
4.1 . Schedule
With the intend to upload a TVC video to promote the new Civic, this video must be
completed on March and be published on Honda Vietnam official website on April
Idea TVC:
- The new Honda Civic Type R will be racing with an transformer leopard, the
video will show full body of the Civic, the maximum speed of the car and the
mobility against terrain and last but not least the slogan “ Feel the R heat”.
Campaign will be launch on April and ends in June with the expectation of increasing
sales
April: run ads on Facebook, Google and seeding Honda Civic Type R video on every
media platform possible such as Instagram, Twitter…
May: Hold Civic Type R 2021 test drive at 3 showroom at Northside, Midside and
Eastside, this test drive will be hold in one month, customer will get a chance to feel the
car before decide either to buy it or not
June: Release a SE Edition of Civic 2021 Type R, upload content on Facebook, seeding
on every car group.
Support Media such as Instagram and Twitter use hashtag #TypeRSpecialEdition to
create viral.
Figure 4.1: Honda Civic Type R 2021 Special Edition
4.2 . Evaluation and follow up
Media class evaluation:
Failed Good Excelent