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TATA Ace
TATA Ace
Tata Motors decided to launch a product to cater the mid segment of the above range
Further it was segmented into 4 different categories
Performance sensitive (7% market share)
Balanced Perspective (25% market share)
ROI sensitive (55% market share)
Acquisition price constant (13% market share)
Tata Motors estimated that: -
45% will be potential 3-wheelers customers
15% potential pick up truck customers
40% first time customers
Distribution: -
Only 5 states were decided for the initial launch of Ace
Radius of dealership ranged between 40-50 kilometres and covered more rural areas
1S model was adopted against 3S model
Rent model was adopted to minimize risk and cost
Customer service: -
Suvidham initiative was launched to be cost effective
Mobile workshop was launched for last mile service