Mercedes,
BMW, Audi, Jaguar, Aston Martin, Lamborghini, Alfa Romeo, Citroen, Cadillac,
Bentley, Porsche, Rolls Royce…..the list goes on! There are several ‘premium’
car brands in the automobile world and all of them hold the opinion that India
is the next frontier where demand will rise sustainably for the next century and
therefore, they must have a presence here.
The
sheer number of such car makers makes it imperative for them to differentiate
themselves. The customer of such products is not overtly cost-conscious and
hence cannot be marketed on price affordability. The service needs of such
machines are far and few and therefore, a service network such as Suzuki
India’s can’t really be an effective differentiator. Exterior looks and
interior design are so amazing in each of them that they are nearly homogenous
across. Each premium brand has a variety of models with different engine
mechanics and as such, design marketing is more dependent upon the model rather
than the brand.
In
such a situation, the positioning and brand communication becomes the only
differentiator. Volvo positions itself as Safe, Jaguar and Porsche on sports,
the Big Three Germans bank on luxury and the Bentley’s on luxury. In such a
market, any new entrant, say Lexus needs advertising across TV, print and radio
to communicate its positioning to the target market.
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