The document discusses Tata Motors' development of the Tata Ace small commercial vehicle. It summarizes the key features of the Ace, including its versatility, low operating costs, comfortable interior, and safety features. It then describes how Tata Motors applied the marketing concept by conducting market research with potential customers to understand their price and feature needs before designing the Ace. Tata Motors was thus able to identify customers' latent demand for a smaller last-mile distribution vehicle and develop an appropriate marketing mix to target this segment. The Ace provided benefits and satisfaction to customers by meeting their needs for transporting sub-1 ton loads over small distances at low maintenance costs and with better driving comfort and safety.
Tata Motors launched the Tata Ace in 2005 as a replacement for auto-rickshaws. It has a payload capacity of 0.75 tons and costs 50% less than other 4-wheel commercial vehicles. There was a market gap for a small commercial vehicle to connect urban and rural markets at a competitive price. Through market research, Tata Motors found customers wanted a higher status 4-wheel vehicle at a low cost. Tata developed the Ace with a innovative low-cost engine and parts sharing to create a 4-wheel vehicle at the price of a 3-wheel vehicle. Tata's roadmap is to establish new plants, introduce new Ace variants for different uses, and expand into transport services to increase sales and
Tata launched the Tata Ace mini-truck in India in 2005 at a price of Rs. 225,000. It targeted the small commercial vehicle segment of 0.75 to 1 ton payload that was dominated by three-wheelers. The Ace was an instant success, achieving its annual sales target of 30,000 units in under a year. Its compact size, low cost of operation, and maneuverability in crowded Indian cities enabled it to capture over half the market share in the segment. The Ace's success encouraged Tata to double its production capacity and launch variants like the Ace Super to expand its market reach.
Clique Pens Case Study by Harward Mba Center. This paper introduces possible solutions and recommendations by MSc. Marketing student - Allazov Kamal. (https://allazov.org/)
Tata Motors saw success in turning around its passenger vehicle segment through its "Turnaround 2.0" strategy. This included focusing on building a strong portfolio of products across high-demand segments through third-generation impact design models with high safety ratings. Maintaining a presence in all key segments and launching localized campaigns helped Tata Motors achieve its goal of becoming the third largest player in the domestic passenger vehicle market in India.
Hindusthan Lever had a challenge with the competitors in Rural India. They devised a strategy to enter the market at the grass root level and utilize the entrepreneurial woman. Based on perceptions, there are some ethical questions. This case looks at the strategies on how to capture the emerging markets and work at the grass root level with the consumer behaviors. Not only understand the consumer behavior, but introduce the need and also the products to the consumers who NEVER used any product in that area.
Case Study : How Tata Nano and Nissan Micra Used Social Media for effective advertisement and marketing across India.
This project was assigned as our Second Semester end project in the subject Management Accounting by our Professor Mr. R.A.Khan.In this each and every student was assigned with a company on which they have to do a Value Chain Analysis. Mine was in 2 wheeler automobile sector and the company assigned was Bajaj auto. I have tired my level best to make this presentations per my understanding with the help of informations gathered through various Journals,newspapers and other sources.
D.Light is a social enterprise that provides solar lamps to people in developing countries without access to modern electricity. It was founded in 2007 and targets the base of the pyramid population. D.Light experienced issues with brand awareness and convincing customers accustomed to kerosene to purchase unfamiliar solar technology. However, the lamps provide clear benefits like no recurring costs and allow for extended working and studying hours. As of 2014, D.Light has empowered over 37 million lives and generated over 53,000 MWh of renewable energy, saving customers over $1 billion and creating over 13 billion productive hours. Proposed solutions to further D.Light's impact include introducing cheaper LED options, running awareness campaigns, partnering with local governments, and providing
Cooper Pharmaceuticals abruptly terminated Bob Marsh after 12 years as a drug sales representative in Toledo. Customers are complaining about the decision. Marsh had a history of strong customer relationships but poor record keeping and disorganization. While earlier managers acknowledged his strengths, later ones focused more on weaknesses in performance reviews. The frequent changing of sales managers and lack of career development or enrichment for Marsh contributed to his disengagement. Terminating such a loyal employee with good customer relationships was too harsh a decision without addressing his motivational needs or trying other options.