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Kopal Jaiswal
Sohan Sarangi
Growth Story 4P Analysis – KTM
Positioning
➢ Superior Technology
Sales Figures ➢ Accessibility to Bajaj’s
Product
➢ Light | Nimble | Fast
Place
extensive network
50000 ➢ Aesthetically Pleasing For the petrol heads, who crave both an
➢ Widespread Service
40000 ➢ Robust | Reliable
Centres Easy Ride and a Need for Speed, the
30000 ➢ Unique
20000 brand KTM or a First Bike, Duke 125 is
10000 a 125 cc superbike with
0 ➢ Orange Day | Tour Performance superseding bikes even
Promotion
➢ Luxury 2-wheeler |Cup | Rides in the 150 cc category. Unlike any other
Price
segment ➢ Strong Digital Media bike it Assures Safety being the only
➢ Mid-Premium pricing presence bike with ABS in its segment at an
➢ Billboards | Magazines
Source: Statista Highest growth in the above 1 lakh Affordable Price and Killer Good
segment in India – Opportunities galore Looks
Comfort Ride
45,000 Units sold in FY 18-19 Naked Street Fresh, Aggressive
Styling design
Highest selling Sports
bike brand in India Promising Head turning
Reliability good looks
Competitors in the cost and
0 performance segment
Upside down Only bike with ABS
(USD) forks in 125 cc segment
provide better
India is the next production ride comfort
Better Overall
hub for KTM All digital console performance than
Easy Manoeuvrability and 150 cc bikes
high speeds for city and track Ready to Race
The Risks Segmentation
➢ Feature heavy 125cc bike does not resonate with the customers looking to buy Age → 18-35
in this segment. Customer is just looking for a barebones bike Income → Middle | High
➢ Mileage is the primary concern for buyers in the 125cc segment Demographic Generation → Y | Z
Social Class → SEC A | SEC B
Pricing Family → Bachelors | Couples w/o children
Retailing at 1.18 lakh ex-showroom when Duke 200 is available at 1.52 lakh poses 2 Personality → Outgoing | Compulsive
issues: Psychographic
Lifestyle → Experiencers
➢ Cannibalisation of Duke 200 sales
➢ Customer opting for a 200cc engine with just 30k difference in price
Benefits Sought → Quality | Speed | Performance
User → First-time | Potential
Behavioural User Rate → Heavy | Medium
The KTM loyalists and
Association
The Beginners
Young adults and college students who are He is Ritwik. He has just received his driving license and is
looking to purchase their first bike and want to eager to buy his first bike on his birthday. For him all that
experience the riding culture before graduating to matters is the joy of riding. A bike that would help him make his
something more powerful first experience memorable. Mileage is the least of his
concerns and all he wants is power & performance
The people who want the best of both, easy rides in Meet Sameer. He is a working professional who travels close
to 45 minutes in public transport on weekdays to reach his
the city and a racing streak. Great handling, comfort
office. He is also a bike enthusiast and rents sports bikes on
and unique safety features in the segment make the weekends to satisfy his racing instincts. He is looking to
offering alluring purchase a bike which can cater to both his needs.
People who want to be associated with the brand He is Aman. He has been a lifelong admirer of KTM and the
KTM and are looking more for an experience than stylish bikes that the company offers. He is not a rider but
efficiency but were held back because of high entry price. wants to own a KTM of his own. His only concern is the looks
of the bike and the social status that it brings with it. He
The lower price and stylish looks of Duke 125 will
couldn’t purchase one earlier because of budget constraints
cater to such people