a2 pm product&brands
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Assignment
On
“PRODUCT MANAGEMENT
”
(MARUTI UDYOG LTD)
Submitted To: Submitted By:
Prof. Mahesh Soni Tanu Jain
Siraj PashaRupesh Jain
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Introduction:
Maruti Udyog limited (MUL) was established in Feb 1981 through the act of
Parliament, to meet the growing demand of the personal means of transport
caused by the lack of an efficient public transport system.
Maruti is India's largest automobile company. The company, a joint venture
with Suzuki of Japan, has been a success story like no other in the annals of the
Indian automobile industry. Today, Maruti is India's largest automobile
company. This feat was achieved by the missionary zeal of our employees
across the line and the far-sighted vision of our management.
The Company Mission:
To provide a wide range of modern, high quality fuel efficient vehicles in order to
meet the need of different customers, both in domestic and export markets
The Company Vision:
We must be an internationally competitive company in terms of our products and
services. We must retain our leadership in India and should also aspire to be
among the global players
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Today it is the largest automobile company in India.
Market Leader in the car segment, both in terms of volume of the vehicles sold
and revenue earned.
Also, 18.28% of the company is owned by the Indian Government, and 54.2% by
Suzuki of Japan.
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Identify 3 Products / Brands representing each category
of markets below:
1. DECLINE MARKET
Market is shrinking, reducing the overall amount of profit.
Possible to take out some production cost, to transfer production to a
cheaper facility, sell the product into other, cheaper markets.
Depending on whether the product remains profitable, a company may
decide to end the product.
Care should be taken to control the amount of stocks of the product.
Example -Baleno, Esteem
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2. MATURE MARKET
Competition is most intense as companies fight to maintain their market
share.
Any significant moves are likely to be copied by competitors.
The Maturity Stage is the time when most profit is earned by the market as
a whole.
Any expenditure on research and development is likely to improve
production efficiency and quality.
Example - Alto, Wagon-R
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3. EMERGING MARKET:
(Introduction Stage)
Market share and growth is slight.
Substantial research and development costs have been incurred.
Marketing costs may be high in order to test the market, undergo launch
promotion and set up distribution channels.
Highly unlikely those companies will make profits on products.
Example- A-Star, Swift Dezire
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(Growth Stage)
Characterized by rapid growth in sales and profits.
Profits arise due to an increase in output (economies of scale).
Significant promotional resources are traditionally invested in products that
are firmly in the Growth Stage.Cheaper for businesses to invest in increasing their market share.
Example -Swift, Zen Estilo
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BCG MATRIX
.
STARS
Swift Desire
Swift
QUESTION MARKS
SX4
A STAR
CASH COWS
Maruti 800
Wagon R
Alto
DOGS
Omni
Versa
Baleno
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GE MATRIX
HIGH MEDIUM LOW
HIGH Investment &Growth
SWIFT
Investment &Growth
ALTO
Selectivity /Earnings
A STAR
MEDIUM Investment &
Growth
SWIFT DEZIRE
Selectivity /
Earnings
SX4
Harvest
BALENO
LOW Selectivity /
Earnings
WAGON R
Harvest
VERSA
Harvest
OMNI