Marketing Mix of KTM
Marketing Mix of KTM
Marketing Mix of KTM
Kawasaki
BMW
Honda
KTM is manufacturer and producer of motorcycles known for performance and durability. It
has an expanded product portfolio that includes-
KTM are all-terrain and practical bikes with a high demand ration in the consumer
market. State-of-art technology and superior handling capabilities have made it a front-
runner choice for a biker. Low maintenance and high gas mileage have made KTM
vehicles cost-effective buys. The consumer market is now looking forward to upscale
bikes and is ready to pay for a luxury 2-wheeler sector. KTM is a premium brand and has
adopted mid-premium pricing policy for its motorcycles. It has recognised the mindset of
customer who is looking for lifestyle, status and thrill in one bike and is ready to shed
something extra for it. This is why the company has been successful in implementing an
affordable pricing plan for someone who is demanding more than a normal commute.
3. Promotion mix in the Marketing Mix Of KTM:
KTM is a renowned manufacturer of bikes and its character is reflected in its products as well as
its tagline Ready to Race. It organises several events to promote safe riding and increasing its
social presence. The company has taken help of print and social media to promote its products
via magazines, billboards, Twitter and YouTube.
KTM is a world-famous company with its headquarters base at Mattighofen in Austria. It joined
hands with Indian auto-giants and was able to reap the benefits of engineering power of its
partner Bajaj. Its international presence has spread to several countries via manufacturing plants
and product availability in places like Dubai, Indonesia, Sao Paolo and New Zealand.
KTM is the international brand makes its effective bikes in cheap and feature they provided in
low cost . All the things are made according to the people choices. People looks for the quality
features, mostly people are attracted by its stylish and unique. In the other word KTM can be
used for everything from off-road to racing. People are the most important element of any
company because they design product and sell the product or service.
Physical evidence is what the customer sees before purchasing the product .KTM bike becomes
the one of the high demanding bike in the word . Most of the youth are obsessed with speed and
its looks, feature, mileage all the include in this bike. Comparing to other bikes people are attract
to this bike.
Without the right process it is impossible to provide great and services. So, all the internal
barriers of KTM is in the way to delivering the best customer value.