SlideShare a Scribd company logo
1 of 22
Royal Enfield is
an Indian motorcycle mfg brand .
Manufactured in factories
in Chennai in India.
First produced in 1901.
Oldest motorcycle brand in
the world still in production
Bullet model enjoying the
longest motorcycle
production run of all time.
“the oldest global motorcycle
brand in continuous production"[
“MADE LIKE GUN’’
The Indian government looked for a suitable motorcycle for its police
and army, for patrolling the country's border.
THE BEGINNING, WHERE THE NON-STOP HAD STARTED;
In 1990, Royal
Enfield
collaborated
with the Eicher
Group, an
automotive
company in
India, and
merged with it
in 1994
FAILURE AND GROWTH:
DESIGN TO ATTRACT YOUNGSTERS
INTERCEPTOR,
CLASSIC 350,500.
ARMY EDITION.
THUNDERBIRD.
BULLET - LATE CENTURY PEOPLES
Product plan
Product types
• Royal Enfield Classic.
• Royal Enfield Thunderbird
• Royal Enfield Interceptor (upcoming)
• Royal Enfield Continental GT 650 (upcoming)
• Royal enfiled Himalayan
• Cast iron Royal Enfield
• Customised Royal Enfield.
• Royal enfield bullet
Royal enfield bullet
• The Royal Enfield Bullet was originally a British overhead
valve single cylinder four-stroke motorcycle.
• The Royal Enfield and Bullet names derive from the British
company having been a subcontractor to Royal Small Arms
Factory in Enfield, London.
Specifications:
• Engine : 346 - 499 Cc single cylinder cast-iron.
• Dimensions-L: 2,120 mm (83 in)
• W: 750 mm (30 in)
• H: 1,080 mm (43 in)
• Weight:180 - 193 Kg
• Fuel capacity- 16 litres
• Wheel base-1,370 mm.
• Mileage:33 - 53 Kmpl
Brand value
Customer mindset:
• Awareness
• Associations
• Attitudes
• Attachment
Market performance
• Price premium
• Price elasticity
Brand positioning
• Powerful for bike adventurers
• Power engine in reasonable price
• Great performance
• Durable product
• Heritage of over a hundred years
• Sound of engine – dhuk dhuk dhuk
Innovation
• Product development
• 250-750 cc category.
• New model every year.
• Engine platform
released every year.
• Customer experience
• Experience through
marquee riders
• Positioned has cult
brand
Technology advancement
• Many new technology
being introduced to
improve the
performance such as
maintenance free VRLA
battery, double heat
treatment process,
robot welding .
Distribution & production
• Increased its dealership
network by 2014.
• Increased its capacity
from 20k to 30k per
month.
• To increase capacity to
50k
Production
• Highest sales growth in april 2017.
• Sales led by classic 350cc,which made over 68%
of royal enfield sales
• As the product boomed they introduced others
varients like RE himalayan, RE classsic 500,
thunderbird 500 and continental GT.
• The company exports also grew by 36% in
2017.
Sales of Royal Enfield
• Sales of RE has been
consistently increasing
since 2006 with
introduction of new
models.
• A spike in 2009 is because
of its introduction of the
classic model.
• Although it holds 16%
premium market share , it
is behind bajaj.
SWOT analysis
Strengths
• No competition in
350cc and 500cc
segments.
• Effective advertising.
• Exporting to 31
countries.
Weaknesses
• Weight of the motor
cycle.
• Mileage of high CC bikes
is an issue.
• Product still needs
innovation.
Opportunities
• Encourage the sales
with advertisement.
• Offer better finace
schemes.
• Introduce customer
relationship
management.
Threats
• Foreign players entry.
• Price wars.
MARKETING PLAN OF ROYAL ENFIELD
DEMAND FORECASTING:
For forecasting future
sales, past data is
required .
Once the data is available,
Either using
(i) TREND ANALYSIS,
(ii) D&B forecasting
technique , required
output can be predicted
to at most extent.
MARKETING PLAN OF ROYAL ENFIELD
PROMOTION:
RE organization focuses more on customer than
engineering.
 Showcasing at auto expos.
 Word of mouth for their sustained & increased sales.
 Organizing nation wide tours
 Factory tours.
COMPETITORS:
BAJAJ Avenger is the closest competitor of RE.
YAMAHA, Hero Motocorp, Ford Motor, TVS, SPECTRO
are the current competitors of RE .
MARKETING PLAN OF ROYAL ENFIELD
PRICING:
FACTORS FOR PRICING:
1) One of the prime factors to be considered for
pricing is the handmade parts, designs and engine
assembly hence contributing for larger man power cost.
RE classic 350cc = 1.45L
RE classic 500cc = 1.9L
RE interceptor 650cc = 2.78L
RE Thunderbird 350x = 1.22L
2) Color varieties may add up with pricing.
3) Specification by default increase [OR] decrease.
MARKETING PLAN OF ROYAL ENFIELD
PHYSICAL DISTRIBUTORS:
All over India there are over 150+ distributors of RE. While
in Coimbatore;
(a) SHERIFF Motors,
(b) SAI Motors,
(c) Bikerz and
(d) RE Unit of Eicher motors Ltd.
TARGET CUSTOMERS:
RE organization targets on;
# Adventurous people,
# Those who love riding, travelling,
# One who likes being a part of huge events and
# Middle class people just afford 350CC classic.
THANKS FOR LISTENING;;;;;;;;
Royal Enfield marketing strategy

More Related Content

What's hot

Brand Management - Royal Enfield
Brand Management - Royal Enfield Brand Management - Royal Enfield
Brand Management - Royal Enfield Tanmay Vankalas
 
Vishal agarwal royal enfield- marketing
Vishal agarwal  royal enfield- marketingVishal agarwal  royal enfield- marketing
Vishal agarwal royal enfield- marketingCargill
 
Mahindra & mahindra
Mahindra & mahindraMahindra & mahindra
Mahindra & mahindraBHAVIN GALA
 
Royal enfield- Operations, Production, market mix, brand value
Royal enfield- Operations, Production, market mix, brand valueRoyal enfield- Operations, Production, market mix, brand value
Royal enfield- Operations, Production, market mix, brand valueAbhimanue Careless
 
Advertising & Two Wheeler Industry Ppt
Advertising & Two Wheeler Industry PptAdvertising & Two Wheeler Industry Ppt
Advertising & Two Wheeler Industry PptVikas Misar
 
Royal enfield - Management of Technology
Royal enfield - Management of TechnologyRoyal enfield - Management of Technology
Royal enfield - Management of TechnologyAnup Bali
 
Marketing project report on hero motocorp
Marketing project report on hero motocorpMarketing project report on hero motocorp
Marketing project report on hero motocorpBhavesh Kundnani
 
Hero honda joint venture and split
Hero honda joint venture and splitHero honda joint venture and split
Hero honda joint venture and splitSanjay Safiwala
 
TATA MOTORS presentation (STRATEGIC MANAGEMENT)
TATA MOTORS presentation (STRATEGIC MANAGEMENT)TATA MOTORS presentation (STRATEGIC MANAGEMENT)
TATA MOTORS presentation (STRATEGIC MANAGEMENT)KISHAN PANSARA
 
Strategic management by Hero motocop
Strategic management by Hero motocopStrategic management by Hero motocop
Strategic management by Hero motocopRakesh Rachayya
 
Royal Enfield- Financial Aspects of Marketing
Royal Enfield- Financial Aspects of MarketingRoyal Enfield- Financial Aspects of Marketing
Royal Enfield- Financial Aspects of Marketingsdusane1
 
Mahindra & mahindra- Inventory Categorisation
Mahindra & mahindra- Inventory CategorisationMahindra & mahindra- Inventory Categorisation
Mahindra & mahindra- Inventory CategorisationAnkur Suyal
 
Hero Motors customer satisfsction
Hero Motors customer satisfsctionHero Motors customer satisfsction
Hero Motors customer satisfsctionMohit Agarwal
 
Hero motocorp ltd full PPT
Hero motocorp ltd full PPTHero motocorp ltd full PPT
Hero motocorp ltd full PPTSushant N'kkr
 
Maruti suzuki ppt
Maruti suzuki pptMaruti suzuki ppt
Maruti suzuki pptanurag77
 

What's hot (20)

Brand Management - Royal Enfield
Brand Management - Royal Enfield Brand Management - Royal Enfield
Brand Management - Royal Enfield
 
Vishal agarwal royal enfield- marketing
Vishal agarwal  royal enfield- marketingVishal agarwal  royal enfield- marketing
Vishal agarwal royal enfield- marketing
 
Royal Enfield Marketing
Royal Enfield MarketingRoyal Enfield Marketing
Royal Enfield Marketing
 
Mahindra & mahindra
Mahindra & mahindraMahindra & mahindra
Mahindra & mahindra
 
Royal enfield- Operations, Production, market mix, brand value
Royal enfield- Operations, Production, market mix, brand valueRoyal enfield- Operations, Production, market mix, brand value
Royal enfield- Operations, Production, market mix, brand value
 
Royal Enfield
Royal Enfield Royal Enfield
Royal Enfield
 
Advertising & Two Wheeler Industry Ppt
Advertising & Two Wheeler Industry PptAdvertising & Two Wheeler Industry Ppt
Advertising & Two Wheeler Industry Ppt
 
Royal enfield - Management of Technology
Royal enfield - Management of TechnologyRoyal enfield - Management of Technology
Royal enfield - Management of Technology
 
Marketing project report on hero motocorp
Marketing project report on hero motocorpMarketing project report on hero motocorp
Marketing project report on hero motocorp
 
Hero honda joint venture and split
Hero honda joint venture and splitHero honda joint venture and split
Hero honda joint venture and split
 
Scm of flipkart
Scm of flipkartScm of flipkart
Scm of flipkart
 
TATA MOTORS presentation (STRATEGIC MANAGEMENT)
TATA MOTORS presentation (STRATEGIC MANAGEMENT)TATA MOTORS presentation (STRATEGIC MANAGEMENT)
TATA MOTORS presentation (STRATEGIC MANAGEMENT)
 
Strategic management by Hero motocop
Strategic management by Hero motocopStrategic management by Hero motocop
Strategic management by Hero motocop
 
Royal Enfield- Financial Aspects of Marketing
Royal Enfield- Financial Aspects of MarketingRoyal Enfield- Financial Aspects of Marketing
Royal Enfield- Financial Aspects of Marketing
 
Mahindra & mahindra- Inventory Categorisation
Mahindra & mahindra- Inventory CategorisationMahindra & mahindra- Inventory Categorisation
Mahindra & mahindra- Inventory Categorisation
 
Hero Motors customer satisfsction
Hero Motors customer satisfsctionHero Motors customer satisfsction
Hero Motors customer satisfsction
 
HERO MOTOCORP
HERO MOTOCORPHERO MOTOCORP
HERO MOTOCORP
 
Royal Enfield
Royal EnfieldRoyal Enfield
Royal Enfield
 
Hero motocorp ltd full PPT
Hero motocorp ltd full PPTHero motocorp ltd full PPT
Hero motocorp ltd full PPT
 
Maruti suzuki ppt
Maruti suzuki pptMaruti suzuki ppt
Maruti suzuki ppt
 

Similar to Royal Enfield marketing strategy

Marketing royal enfield
Marketing royal enfieldMarketing royal enfield
Marketing royal enfieldTwinkle Batra
 
Royal Enfield.pptx
Royal Enfield.pptxRoyal Enfield.pptx
Royal Enfield.pptxdsjnuiv
 
Marketing project thunderbird 500
Marketing project thunderbird 500Marketing project thunderbird 500
Marketing project thunderbird 500deshprabhu
 
Royal enfield 8 parameters
Royal enfield 8 parametersRoyal enfield 8 parameters
Royal enfield 8 parametersShanmathi C
 
Royal Enfield assembly plant-oragadam
Royal Enfield assembly plant-oragadam Royal Enfield assembly plant-oragadam
Royal Enfield assembly plant-oragadam Tamil Bharathi V
 
Business process re engineering at royal enfield
Business process re engineering at royal enfieldBusiness process re engineering at royal enfield
Business process re engineering at royal enfieldLohith Lohi
 
Royal Enfield: Brand Analysis
Royal  Enfield: Brand AnalysisRoyal  Enfield: Brand Analysis
Royal Enfield: Brand AnalysisAshish Michael
 
Royal Enfield Winner of Marketing event organised by SRMS IBS
Royal Enfield Winner of Marketing event organised by SRMS IBSRoyal Enfield Winner of Marketing event organised by SRMS IBS
Royal Enfield Winner of Marketing event organised by SRMS IBSShantam Vaish
 
Royal enfield by abhimanyu
Royal enfield by abhimanyuRoyal enfield by abhimanyu
Royal enfield by abhimanyuHitaishi Rawat
 
1703262 PAPER Impact of Ratio Analysis on Financial Performance in Royal Enfi...
1703262 PAPER Impact of Ratio Analysis on Financial Performance in Royal Enfi...1703262 PAPER Impact of Ratio Analysis on Financial Performance in Royal Enfi...
1703262 PAPER Impact of Ratio Analysis on Financial Performance in Royal Enfi...DR BHADRAPPA HARALAYYA
 
All About Royal Enfield
All About Royal EnfieldAll About Royal Enfield
All About Royal EnfieldNishant singh
 
CASE STUDY ON THE SUCCESSFUL JOURNEY OF ROYAL ENFIELD BULLET BIKES IN INDIA
CASE STUDY ON THE SUCCESSFUL JOURNEY OF ROYAL ENFIELD BULLET BIKES IN INDIACASE STUDY ON THE SUCCESSFUL JOURNEY OF ROYAL ENFIELD BULLET BIKES IN INDIA
CASE STUDY ON THE SUCCESSFUL JOURNEY OF ROYAL ENFIELD BULLET BIKES IN INDIAVARUN KESAVAN
 

Similar to Royal Enfield marketing strategy (20)

Royal_Enfield.pptx
Royal_Enfield.pptxRoyal_Enfield.pptx
Royal_Enfield.pptx
 
Marketing royal enfield
Marketing royal enfieldMarketing royal enfield
Marketing royal enfield
 
Royal enfield
Royal enfieldRoyal enfield
Royal enfield
 
Royal Enfield.pptx
Royal Enfield.pptxRoyal Enfield.pptx
Royal Enfield.pptx
 
marktngrefinaal-190928054655.pdf
marktngrefinaal-190928054655.pdfmarktngrefinaal-190928054655.pdf
marktngrefinaal-190928054655.pdf
 
Marketing project thunderbird 500
Marketing project thunderbird 500Marketing project thunderbird 500
Marketing project thunderbird 500
 
Royal enfield 8 parameters
Royal enfield 8 parametersRoyal enfield 8 parameters
Royal enfield 8 parameters
 
Royal Enfield IMC
Royal Enfield IMCRoyal Enfield IMC
Royal Enfield IMC
 
Royal Enfield assembly plant-oragadam
Royal Enfield assembly plant-oragadam Royal Enfield assembly plant-oragadam
Royal Enfield assembly plant-oragadam
 
Business process re engineering at royal enfield
Business process re engineering at royal enfieldBusiness process re engineering at royal enfield
Business process re engineering at royal enfield
 
Royal Enfield
Royal Enfield Royal Enfield
Royal Enfield
 
Royal Enfield
Royal EnfieldRoyal Enfield
Royal Enfield
 
Royal Enfield: Brand Analysis
Royal  Enfield: Brand AnalysisRoyal  Enfield: Brand Analysis
Royal Enfield: Brand Analysis
 
Royal Enfield
Royal Enfield Royal Enfield
Royal Enfield
 
Jiyaul 2017
Jiyaul 2017Jiyaul 2017
Jiyaul 2017
 
Royal Enfield Winner of Marketing event organised by SRMS IBS
Royal Enfield Winner of Marketing event organised by SRMS IBSRoyal Enfield Winner of Marketing event organised by SRMS IBS
Royal Enfield Winner of Marketing event organised by SRMS IBS
 
Royal enfield by abhimanyu
Royal enfield by abhimanyuRoyal enfield by abhimanyu
Royal enfield by abhimanyu
 
1703262 PAPER Impact of Ratio Analysis on Financial Performance in Royal Enfi...
1703262 PAPER Impact of Ratio Analysis on Financial Performance in Royal Enfi...1703262 PAPER Impact of Ratio Analysis on Financial Performance in Royal Enfi...
1703262 PAPER Impact of Ratio Analysis on Financial Performance in Royal Enfi...
 
All About Royal Enfield
All About Royal EnfieldAll About Royal Enfield
All About Royal Enfield
 
CASE STUDY ON THE SUCCESSFUL JOURNEY OF ROYAL ENFIELD BULLET BIKES IN INDIA
CASE STUDY ON THE SUCCESSFUL JOURNEY OF ROYAL ENFIELD BULLET BIKES IN INDIACASE STUDY ON THE SUCCESSFUL JOURNEY OF ROYAL ENFIELD BULLET BIKES IN INDIA
CASE STUDY ON THE SUCCESSFUL JOURNEY OF ROYAL ENFIELD BULLET BIKES IN INDIA
 

Recently uploaded

APM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAPM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAssociation for Project Management
 
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdfBASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdfSoniaTolstoy
 
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Krashi Coaching
 
Sports & Fitness Value Added Course FY..
Sports & Fitness Value Added Course FY..Sports & Fitness Value Added Course FY..
Sports & Fitness Value Added Course FY..Disha Kariya
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxGaneshChakor2
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)eniolaolutunde
 
A Critique of the Proposed National Education Policy Reform
A Critique of the Proposed National Education Policy ReformA Critique of the Proposed National Education Policy Reform
A Critique of the Proposed National Education Policy ReformChameera Dedduwage
 
Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...
Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...
Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...fonyou31
 
mini mental status format.docx
mini    mental       status     format.docxmini    mental       status     format.docx
mini mental status format.docxPoojaSen20
 
The byproduct of sericulture in different industries.pptx
The byproduct of sericulture in different industries.pptxThe byproduct of sericulture in different industries.pptx
The byproduct of sericulture in different industries.pptxShobhayan Kirtania
 
Mastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory InspectionMastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory InspectionSafetyChain Software
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdfQucHHunhnh
 
Sanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfSanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfsanyamsingh5019
 
Disha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdfDisha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdfchloefrazer622
 
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...anjaliyadav012327
 
Separation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesSeparation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesFatimaKhan178732
 
Web & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfWeb & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfJayanti Pande
 
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Sapana Sha
 

Recently uploaded (20)

Advance Mobile Application Development class 07
Advance Mobile Application Development class 07Advance Mobile Application Development class 07
Advance Mobile Application Development class 07
 
APM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAPM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across Sectors
 
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdfBASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
 
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
 
Sports & Fitness Value Added Course FY..
Sports & Fitness Value Added Course FY..Sports & Fitness Value Added Course FY..
Sports & Fitness Value Added Course FY..
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptx
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)
 
A Critique of the Proposed National Education Policy Reform
A Critique of the Proposed National Education Policy ReformA Critique of the Proposed National Education Policy Reform
A Critique of the Proposed National Education Policy Reform
 
Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...
Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...
Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...
 
mini mental status format.docx
mini    mental       status     format.docxmini    mental       status     format.docx
mini mental status format.docx
 
The byproduct of sericulture in different industries.pptx
The byproduct of sericulture in different industries.pptxThe byproduct of sericulture in different industries.pptx
The byproduct of sericulture in different industries.pptx
 
Mastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory InspectionMastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory Inspection
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
 
Sanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfSanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdf
 
Disha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdfDisha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdf
 
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...
 
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptxINDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
 
Separation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesSeparation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and Actinides
 
Web & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfWeb & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdf
 
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
 

Royal Enfield marketing strategy

  • 1.
  • 2. Royal Enfield is an Indian motorcycle mfg brand . Manufactured in factories in Chennai in India. First produced in 1901. Oldest motorcycle brand in the world still in production Bullet model enjoying the longest motorcycle production run of all time. “the oldest global motorcycle brand in continuous production"[ “MADE LIKE GUN’’
  • 3. The Indian government looked for a suitable motorcycle for its police and army, for patrolling the country's border. THE BEGINNING, WHERE THE NON-STOP HAD STARTED; In 1990, Royal Enfield collaborated with the Eicher Group, an automotive company in India, and merged with it in 1994
  • 4. FAILURE AND GROWTH: DESIGN TO ATTRACT YOUNGSTERS INTERCEPTOR, CLASSIC 350,500. ARMY EDITION. THUNDERBIRD. BULLET - LATE CENTURY PEOPLES
  • 6. Product types • Royal Enfield Classic. • Royal Enfield Thunderbird • Royal Enfield Interceptor (upcoming) • Royal Enfield Continental GT 650 (upcoming) • Royal enfiled Himalayan • Cast iron Royal Enfield • Customised Royal Enfield. • Royal enfield bullet
  • 7. Royal enfield bullet • The Royal Enfield Bullet was originally a British overhead valve single cylinder four-stroke motorcycle. • The Royal Enfield and Bullet names derive from the British company having been a subcontractor to Royal Small Arms Factory in Enfield, London.
  • 8. Specifications: • Engine : 346 - 499 Cc single cylinder cast-iron. • Dimensions-L: 2,120 mm (83 in) • W: 750 mm (30 in) • H: 1,080 mm (43 in) • Weight:180 - 193 Kg • Fuel capacity- 16 litres • Wheel base-1,370 mm. • Mileage:33 - 53 Kmpl
  • 9. Brand value Customer mindset: • Awareness • Associations • Attitudes • Attachment Market performance • Price premium • Price elasticity
  • 10. Brand positioning • Powerful for bike adventurers • Power engine in reasonable price • Great performance • Durable product • Heritage of over a hundred years • Sound of engine – dhuk dhuk dhuk
  • 11. Innovation • Product development • 250-750 cc category. • New model every year. • Engine platform released every year. • Customer experience • Experience through marquee riders • Positioned has cult brand
  • 12. Technology advancement • Many new technology being introduced to improve the performance such as maintenance free VRLA battery, double heat treatment process, robot welding . Distribution & production • Increased its dealership network by 2014. • Increased its capacity from 20k to 30k per month. • To increase capacity to 50k
  • 13. Production • Highest sales growth in april 2017. • Sales led by classic 350cc,which made over 68% of royal enfield sales • As the product boomed they introduced others varients like RE himalayan, RE classsic 500, thunderbird 500 and continental GT. • The company exports also grew by 36% in 2017.
  • 14. Sales of Royal Enfield • Sales of RE has been consistently increasing since 2006 with introduction of new models. • A spike in 2009 is because of its introduction of the classic model. • Although it holds 16% premium market share , it is behind bajaj.
  • 15. SWOT analysis Strengths • No competition in 350cc and 500cc segments. • Effective advertising. • Exporting to 31 countries. Weaknesses • Weight of the motor cycle. • Mileage of high CC bikes is an issue. • Product still needs innovation.
  • 16. Opportunities • Encourage the sales with advertisement. • Offer better finace schemes. • Introduce customer relationship management. Threats • Foreign players entry. • Price wars.
  • 17. MARKETING PLAN OF ROYAL ENFIELD DEMAND FORECASTING: For forecasting future sales, past data is required . Once the data is available, Either using (i) TREND ANALYSIS, (ii) D&B forecasting technique , required output can be predicted to at most extent.
  • 18. MARKETING PLAN OF ROYAL ENFIELD PROMOTION: RE organization focuses more on customer than engineering.  Showcasing at auto expos.  Word of mouth for their sustained & increased sales.  Organizing nation wide tours  Factory tours. COMPETITORS: BAJAJ Avenger is the closest competitor of RE. YAMAHA, Hero Motocorp, Ford Motor, TVS, SPECTRO are the current competitors of RE .
  • 19. MARKETING PLAN OF ROYAL ENFIELD PRICING: FACTORS FOR PRICING: 1) One of the prime factors to be considered for pricing is the handmade parts, designs and engine assembly hence contributing for larger man power cost. RE classic 350cc = 1.45L RE classic 500cc = 1.9L RE interceptor 650cc = 2.78L RE Thunderbird 350x = 1.22L 2) Color varieties may add up with pricing. 3) Specification by default increase [OR] decrease.
  • 20. MARKETING PLAN OF ROYAL ENFIELD PHYSICAL DISTRIBUTORS: All over India there are over 150+ distributors of RE. While in Coimbatore; (a) SHERIFF Motors, (b) SAI Motors, (c) Bikerz and (d) RE Unit of Eicher motors Ltd. TARGET CUSTOMERS: RE organization targets on; # Adventurous people, # Those who love riding, travelling, # One who likes being a part of huge events and # Middle class people just afford 350CC classic.