Professional Documents
Culture Documents
Company Analysis
Mahindra & Mahindra (M&M) was established in 1945. It was converted into a public limited
company in 1948.
Manufacturing activities started in 1954 in collaboration with Willys Overland Corporation.
Production of Light commercial Vehicles (LCV) started in 1965.
Four Manufacturing Plants: 3 in Maharashtra (Mumbai, Nasik, Igatpuri), 1 in Andhra Pradesh.
It acquired International Tractor Company of India in 1977.
Tractor Brand Mahindra was established in 1982
Under the flagship company, there were two main sectors:
1) Automotive sector (utility vehicles, LCVs, three wheelers)
2) The farm equipment Sector (Tractors and other farm implements)
The net worth of the company in 2003 was Rs.15.7 billion
Marshal launched as MaXX offering more space (stage carriage vehicles, economic contract
carriage, pick up vehicles).
Invader was launched next which targeted at the young rich, especially in rural areas priced at
0.38 million.
Camper was also launched which was a Multi utility vehicle(MUV) priced at 0.4 million.
These realignments were highly appreciated by the targeted audiences and had high recall. As
is evident from the adjoining graph, the fact that Bolero resulted in achieving a high opinion
even though it was a new rollout points to the fact that M&M was successful in its portfolio
restructuring.
Name: Subhadip Chakraborty
Roll no: 150103179
Section C
AVERAGE RATING ON OVERALL OPINION
Average Rating
Armada Grand
Marshal
Armada
Tata Safari
Bolero
Toyota Qualis
Tata Sumo
0 1 2 3 4 5 6 7 8 9
Average Rating
Mahindra and Mahindra(M&M) launched their new sports utility vehicle Scorpio in Aug,
2002. During the first year, 12000 vehicles were sold, which rose to 24000 in the next year. In
2003, Scorpio was rated as the most successful new brand in the country.
Project Scorpio
Product development process was termed as IDAM (Integrated design and manufacturing).
The multifunctional project team consisted of people from different functional departments
such as design and development, testing and validation, marketing, manufacturing, and
supplier development, etc. The project group was further divided into 19 cross-functional teams
which ensured quick decisions with built in checks and balances.
Brand positioning
Market dynamics: The Indian automotive market was showing a shift towards the trend of
poaching of C-class or luxury segments by the evolving UV segments. Also the semi
luxurious car segment (B) was rapidly growing at the rate of 43% in 2001 and the luxury car
segment was maintaining a growth of about 14%. Category A declined from 55% in 1999 to
about 34% in 2001. Hence if the new vehicle appealed to Category C and category B buyers,
then it would result in higher sales.
Name: Subhadip Chakraborty
Roll no: 150103179
Section C
CAGR FOR VEHICLE SEGMENTS IN 2001
Growth Rate
Utility Vehicles
Class C
Class B
Class A
0 10 20 30 40 50 60
Growth Rate
Sample: People belonging to the age group of 21 to 60 yrs who owned a small or mid sized
car or the leading competing brand of SUV. Should be first hand owners and be driving their
vehicles at least once in a fortnight.
The product received excellent ratings in both static and drive phase.
STATIC DRIVE
Sturdy
Exterior fit Power
Interior Pick up
styling Quietness of
Comfort the vehicle
Overall Ease of gear
interior fit shifting
and finish Smoothness
of clutch
Name: Subhadip Chakraborty
Roll no: 150103179
Section C
Category C and D were target buyers.
Brand identity
Male:
a) Sportiness in showrooms
b) Technology and urban touch
c) Thrill of an SUV
Female:
a) Comfortability
b) Ads depicted woman driving the car
c) Spacious and luxurious
d) Positioning around Car
Young:
a) Sportiness and technology oriented
b) Thrill of an SUV, dominance
c) National Campaign and Targeted coverage
Name: Subhadip Chakraborty
Roll no: 150103179
Section C
Families:
a) Safety, reliability and trust in Mahindra
b) Customer relationship management
c) Comfortability and spacious for the family.
PHYSIQUE PERSONA
CULTURE
RELATIONSHIP Living life at own
SCORPIO
terms
Extension of lifestyle
Communication Strategy:
The responsibility for planning and executing communication strategy was entrusted to
Interface Communications, a reputed advertisement and communication strategy situated near
the main manufacturing facility and hence promised better coordination.
Name: Subhadip Chakraborty
Roll no: 150103179
Section C
The strategy adopted the positioning along the theme Luxury of a car, thrill of an SUV.
The advertisement specifications for television and print medium:
First objective: Dual advantages of luxury and thrill of SUV.
Second objective: premium imagery of SUV in the city context.
Third objective: Hero has to be the product.
Fourth objective: Similar look and feel across tv ads and print mediums.
The scorpio launch advertisements were aired on August 15, the independence day of India so
as to have a positive rub off of patriotism and Indianness and also it was a national holiday so
increased visibility.
In total the entire decibel message of scorpio was provided by (in one year):
Quantity
250
200
150
100
50
0
Television Sponsorships Full page Advertisments Magazine insertions
Quantity
Scorpio Speedster:
The company, in association with ESPN and Timex, sponsored the scorpio speedster
competition for identifying the fastest Indian cricket bowler.
Name: Subhadip Chakraborty
Roll no: 150103179
Section C
Customer relationship management:
Objective: to build a customer database and use it for favourable word of mouth publicity and
provide superior customer experience. Subsequently, to increase the lifetime value for the
customers.
Buyers had to fill a detailed form to become member of Top Gear Club response rate (45%).
To improve the response rate, the company tied up with KC Mahindra trust that does charitable
work Nanhi Kali for the education of poor girls. It donated Rs.50 for every Top Gear club
form fill up (75% response rate).
Future Initiatives
References:
http://www.zigwheels.com/news-features/news/mahindra-tuv300-top-6-features/22962/
Name: Subhadip Chakraborty
Roll no: 150103179
Section C