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Marketing & Branding

 
Industry : Automobile Functional Area : Branding
Activity:  2 comments  116 views  last activity : 10 20 2011 15:52:43 +0000
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Yes, on 13ths October ,2011 Hyundai has launched new brand "Eon" in India. Now, Hyundai is also coming with small and mid-car segment. Now Eon will compete against Maruti Alto brand which is the brand leader in this segment.

New brand:-Hyundai Eon

Tagline:- New Thinking, new Possibilities

Slogan / Punchline:- Now India On..

Segment :- Middle class, small car

U.S.P :- Focus on Style, safety, performance and convenience as well as afford to middle class with new look.

Brief about Campaign:-  Hyundai has been already started teaser campaign before launching. teaser campaign was focusing on "Exciting thing" and in that campaign , especial asking 2 question by anchor (1) Who is the exciting actor and cricket? answered by small girl "Shahrukh khan and Sachin Tendulkar respectively".(2) Which is the exciting car? answered given by small girl " Can we announce on 13th October"

The reason behind this two name Shahrukh khan is already endorsing brand i10, i20 Hyundai. And Sachin is also an leading batsman of Indian cricket team where people are always feeling excitement to see the batting of Sachin.

So, this campaign is holding its focus that " Now India On" (Ab hoga India On) by voice over. And today Hyundai is broadcasting its brand campaign on television commercial (major all channel).

Link of Ad:-  http://www.youtube.com/watch?v=aEO-gYUq0yM&NR=1  (Teaser Ad)

http://www.youtube.com/watch?v=5Y7myEdCVn4  (Hyundai Eon)

Strategy Execution :- Hyundai has launched on right time brand Eon against rival Maruti Alto brand. We all know since many days the workers as well as labor are on strike due to some problem. Before, few months ago workers were  on striking and then also it has been solved. But now, again they are on strike and Maruti has stopped temporarily  production of Alto brand. So, Hyundai got opportunity to launched on this right time and finally launched on 13th October.

The other competency of strategy is that "Diwali"  festival will come after 15 days, so, it will also get advantages of this festive season.

Volkswagen, Ford, Chevrolet Beat are also relatively playing in this segment.

Will Hyundai Eon brand be get the success ?

Will Hyundai be get success to beat Maruti Alto?    

And Will India be on?

What you feel? ...share your views..

 
2 comments on "Right time , Right Strategy ...Will India be ON now...? Said by "EON""
  Commented by  Virag Shah, Confidential    | 10 15 2011 06:38:58 +0000
Yes, Srinivas sir, you are right and i am agree with you..that there is price difference as well as also in engine difference between them. Maruti alto 814 cc petrol engine  while Eon has only 800 cc petrol engine. 

Let's see how Eon will give influence to Maruti Alto or other competitors. 

One more thing i would like to add here that Toyota will also come soon in small segment car.

Thanks sir for your views. Thanks.
  Commented by  Srinivas suravajhala, Asst. Manager.    | 10 15 2011 06:30:11 +0000
Mr. Virag, a good review once again from you.  

Maruti Suzuki India is an undisputed leader in the Indian automobile industry with a market share of 46%. Hyundai Motor Company, is the second largest car manufacturer in India with a market share of about 17%. It is the country's largest passenger car exporter.  
Hyundai Motor India Ltd  launched its small car Eon but its attempt to weaken MarutiSuzuki India Ltd’s grip on the segment seems to have fallen short on the pricing front.   

The car’s base version, priced at Rs.2.69 lakh (ex-showroom, Delhi), does not have air-conditioning or power steering. “The car looks good in terms of design and quality, but it will be difficult to pitch the car at this price against the competition.” Says a dealer.  

Maruti’s Alto, sells 25,000 units a month, price starts at Rs.2.35 lakh and the top-end version of the car with air-conditioning, heater and power steering is priced at Rs.2.84 lakh (ex-showroom, Delhi).  “There is a difference of at least Rs.40,000 between the base models of the Alto and the Eon. Can it out perform Alto.   

Maruti may have its own internal problems and Hyundai's strategy to launch its small car at this juncture may be good, but it said to have failed on price front. Let us see how can it compete with Alto.
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