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  1. 1. BAJAJ AUTO LIMITED
    • A
    • JOURNEY FROM
    • HAMARA BAJAJ
    • TO
    • DISTINCTLY AHEAD
  2. 2. BACKGROUND
    • Founded in 1926 A.D. by Jamnalal Bajaj.
    • Initially known as Bachraj Trading Corporation Ltd., a trading company.
    • In mid-40s started as an importer of 2-&3-wheelers.
    • In 1959, secured a License from GoI to manufacture 2- & 3-wheelers.
    • In 1960 A.D. was renamed as BAL.
    • In 1960, started manufacturing & exports of motorscooters, motorcycles & automobiles.
  3. 3. BAL & Indian 2-wheeler Mkt.
    • In 1959, secured license from GOI.
    • Indian industry plagued by License Raj.
    • BAL launched CHETAK its flagship scooter model in 1972.
  4. 4. Hamara Bajaj
    • Positioned CHETAK brand with this ad campaign.
    • Core Values : Reliable & Trustworthy.
    • Campaign based on V-F-M products.
    • Ad campaign helped bajaj position CHETAK:
    • a geared model-scooter occuping near iconic status.
  5. 5. Turning Point.Why?
    • BAL drastic declining of sales in 1990.
    • Main reasons cited:
    • Shift in Consumers Preference,
    • Recession,
    • Neglecting Customers
  6. 6. Paradigm Shift
    • In 2000 BAL lost its No.1 position to HHL.
    • Geared Scooter Sales drop by 41% in 2001.
    • Growing popularity of Motorcycles.
    • Change in consumer preference,
    • from scooters to 4-stroke engine motorcycle.
    • Reoriented business: launched series of new motorcycle in market.
  7. 7. Change in Communication Strategy:
  8. 8. Inspiring Confidence
    • Launched a series of motorcycle in an attempt to capture market share.
    • In 2001, BAL showed slice of life situations of new age India.
    • Analyst felt that by 2004, BALs image had undergone considerable change.
    • But..
  9. 9.
    • In spite of changing its focus & strategy from scooters to motorcycles BAL - MD felt that:
    • "Like Volkswagen Beetle, the product (Bajaj Chetak) had lost its relevance."Rajiv Bajaj, MD, Bajaj Auto Ltd., in January 2006.
    • "We believe it is not good enough to be better, it is important to be distinct.
    • Rajiv Bajaj, Managing Director, BAL.
    • This Lead to the strategy of
  10. 10. Distinctly Ahead
    • BAL announced new corporate strategy in mid 2007.
    • USP Styling & Technology.
    • Repositioned itself aggressive & fast-paced.
    • Distinctly Ahead focused on 3-core values:
          • Innovation, Speed & Perfection.
  11. 11.
    • The ad featured pay-off line,
    • Alag Andaaz, Alag hai Khoj, Rakhe Aage, Hamari Soch.
    • Launched Bajaj Pulsar flagship brand- based on this strategy.
  12. 12. Product Portfolio:
  13. 13.
    • THANK YOU
    • PREPARED BY:
    • MR. TARUN PAL,
    • MBA (JUNE 07 09)
    • INSTITUTE OF BUSINESS STUDIES & RESEARCH,
    • CBD BELAPUR, NAVI MUMBAI.