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DEPARTMENT OF MANAGEMENT STUDIES
         PRESENTATION ON
         HONDA COMPANY




          “THE POWER OF DREAMS”
Industry Introduction
Automobile is one of the largest industries in global market. Being the
leader in product and process technologies in the manufacturing sector, it
has been recognized as one of the drivers of economic growth. During the
last decade, well directed efforts have been made to provide a new look to
the automobile policy for realizing the sector's full potential for the
economy. Aggressive marketing by the auto finance companies have also
played a significant role in boosting automobile demand, especially from the
population in the middle income group.
Two-wheeler segment is one of the most important components of the
automobile sector that has undergone significant changes due to shift in
policy environment. The two-wheeler industry has been in existence in the
country since 1955. It consists of three segments viz. scooters, motorcycles
and mopeds. In India there are some MNC’s and Indian company dealing in
automobile sector. The main key players who are dealing in this sector are
Hero Honda, Bajaj, Yamaha, Honda, and TVS. Hero Honda is the biggest
player in this sector in India as well as in the world and playing a very
important role in two wheeler automobile sector. Hero Honda, Bajaj and
TVS are the Indian companies and Yamaha & Honda are international
automobile brand.
Company Introduction
Honda is the world's largest manufacturer of 2-wheelers. Its
symbol, the Wings, represents the company's unwavering
dedication in achieving goals that are unique and above all,
conforming to international norms. These wings are now in
India as Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI),
a wholly owned subsidiary of Honda Motor Company Ltd.,
Japan. These wings are here to initiate a change and make a
difference in the Indian 2-wheeler industry. Honda's dream for
India is to not only manufacture 2-wheelers of global quality,
but also meet and exceed the expectations of Indian customers
with outstanding after sales support.
About Honda Motorcycle & Scooter India Pvt. Ltd.


Official Name         Honda Motorcycle & Scooter India Pvt. Ltd.
Established           20th Aug, 1999
Place                 Manesar, District Gurgaon, Haryana, India

Investment            Rs. 300 Crore
Representative        Mr. Shinji Aoyama, President & CEO

Factory Location      Manesar, District Gurgaon, Haryana, India
Production Capacity   10,000,00 Units per Year
Honda's dream for India is to not only manufacture 2-wheelers
of global quality; but also meet and exceed the expectations of
Indian customers with outstanding after sales support. They
aim to produce technologically superior, efficient and
reasonably priced 2-wheelers, with Honda tested technology,
backed up with after sales service of Honda's global standard.
Mission Statement



“Human Use of Human Ideas”
Vision Statement


“To Achieve the Most Admired Brand
          Status by 2010”
Objectives
Respect for individuals.
   - Initiative
   - Equality
   - Trust
The three joys.
   - The joy of manufacturing high quality products.
   - The joy of selling high quality products.
   - The joy of buying high quality products.
Core and Auxiliary Needs
Core Needs         Auxiliary Needs           Brands
Transportation       Speed, Fashion          Activa
Transportation   Income (Middle Level)        Dio
Transportation   Professionals, Mileage      Eterno
Transportation   Fashion, Speed, Royalty     Unicorn
Transportation   Professionals, Life Style    Shine
Transportation   Speed, Fashion, Mileage     Aviator
Transportation     Speed, Uniqueness,        Stunner
                    mileage, Royalty
Orientation or Philosophy
           Company Adopted
 ORINETATION               EXTEND             JUSTIFICATION
                     (FULLY,PARTIALY,N
                       OT APPLICABLE)
Production Concept        Partially      This concept believes that
                                         consumer will favor product
                                         that are available at
                                         reasonable prices. But
                                         depending on growth of
                                         economy. Honda doesn’t do
                                         bulk production fully.
                                         Already it had experience
                                         and relaunched the product
                                         again.
ORINETATION              EXTEND                JUSTIFICATION
                    (FULLY,PARTIALY,N
                      OT APPLICABLE)

 Product Concept          Fully         The company has significantly
                                        improved quality product through
                                        a systematic task force approach.
 Selling Concept         Partially      Seasonal offers and discount,
                                        festival offers.

Marketing Concept         Fully         Customer->Production->Customer
                                        EX: Honda Stunner, Unicorn is
                                        gaining popularity with younger
                                        Male population. To keep these
                                        customers who are conscious about
                                        style & performance, frequent
                                        refresher and upgrades are required
                                        emergence of starter.
ORINETATION               EXTEND              JUSTIFICATION
                     (FULLY,PARTIALY,NO
                        T APPLICABLE)

Societal Marketing        Partially       Societal welfare,
     Concept                              Sponsorship towards
                                          Educational Institutions.
Company SWOT Analysis
Strength
 Reliable brand name
 Affordable price
 Honda having high tech engines
 HMSI (Honda Motorcycle and Scooter India Pvt.Ldt)
  is the subsidiary company of Honda Motors Ltd.
  Which is the largest company in the proposed sector
Weakness
  Less number of service center
  Spares parts are not easily available
  Low product range
  Maintenance cost is very high
Opportunity
 Increase in product range
 Untapped market above 180 cc in motorcycles.
 More maturity and movement towards higher-end motorcycles
 Honda can be use brand image of Hero Honda
Threats
  There is high competition in the market
  Threat of cheap imported motorcycles and components from
  China
Different Brands and Features
Different Brands:

  Honda Activa
  Honda Dio
  Honda Eterno
  Honda Unicorn
  Honda Shine
  Honda Aviator
  Honda CBF Stunner
  Honda CBR 1000
  Honda CBF Twyster
Features of Brands
Honda Activa 102CC:“Designed for Everyone”

FEATURES:
 Flush surface.
 Multi-reflector light.
 Low seat with high ground clearance.
 Movable front fender.
 Sleek and aerodynamic styling.
 Low noise 4-cycle engine.
 Metal Body.
 CLIC mechanism.
Honda Dio 102CC: “Get Noticed”

FEATURES:
  Attractive body styling with
mounted head light that adds
charm to the scooter.
  Light weight body enhances the
fuel economy and riding pleasure.
  Sleek and aerodynamic design to
suit European styling preferences.
  Effective shock absorption.
  Stays balanced even during
emergency braking.
  Comfortable secure seat.
  A bag hook below the front end
of the seat.
  Wide and spacious foot board.
Honda Eterno 150CC: “Get More”
FEATURES:
  4-Stroke, 150cc Engine promises to
gives a mileage of 60 kmpl under
actual riding conditions.
  Aerodynamic Body with masculine
looking body style..
  Dual Spring Suspension technology
for better comfort.
  One-Direction Gear System.
  Larger storage space under seat.
  CLIC - Convenient Lift Up
Independent Cover for easy repair and
maintenance.
  Waterproof and durable Stainless-
Steel inner cables and TUFFUP outer
cables.
Honda Unicorn 150CC: “Be A Wing Rider”

FEATURES:
  Best pick up in its class.
  It delivers an incredible 60
kms to a liter.
  It is a perfect fusion of
sporty & macho design.
  With Mono Suspension &
Diamond frame, it takes all
kinds of road shocks with
absolute ease.
  It is the only motorcycle
equipped with a puncture
resistant Tupp up Tube.
Honda Shine125CC:

FEATUES:
  The Optimax engine, 02 way air
jacket and CV carburetor makes the
Shine an automatic 2 wheeler as it
reduces the usage of clutch.
  New Aero dynamic design for
enjoyable riding.
  Intense tail lamp, aerodynamic
front cowl and fuel tank knee grip
gives shine decent and stylish
looks.
Honda Aviator 102CC: “Live Your Style “

FEATURE:
  Unique style of front facial
with large clear lens multi-
reflector lamps.
  High impact resistant body.
  Lightweight 12 inches alloy
wheel.
  Telescopic front suspension
for better on road control.
  Aviator comes with Puncture
resistant tuff-up tube.
  Adequate 20 Liter of under
seat space
  7 bhp, 102 cc powerful engine
for power-packed performance.
Honda CBF Stunner 125CC:
FEATURE:
•Honda Stunner CBF Self
Drum with a powerful 11 bhp
Honda engine, 5 speed
transmission and a maximum
power that ensures an absolute
sensational ride.
•Featured with a 4stroke, and
that facilitates quick start, this
gives you a proper mileage of
48 to 50 Km per hour, so that
you can cover distances in no
time.
Honda CBR 1000:

FEATURES:
•Sharper rear styling with
revised shape and new tail-
light with clear lens
•Sharp exhaust muffler
appearance with aluminium
muffler cover
•New graphics and colours
•Improved crankshaft inertia
mass
Punch lines of Brands
   Honda Activa 102CC: “Designed for Everyone”
   Honda Dio 102CC: “Get Noticed”
   Honda Eterno 150CC: “Get More”
   Honda Unicorn 150CC: “Be A Wing Rider”
   Honda Aviator 102CC: “Live Your Style “
Competitor Analysis
Industry Competitors
    Industry                                   Competitor
                Hero Honda Motors Limited was established in 1984, as a joint venture
                between India's Hero Group (world's largest bicycle manufacturers) and
   Hero Honda
                Japan's Honda Motor Company. And created the world's single largest two
                wheeler company and also one of the most successful joint ventures
                worldwide. During the 80s, Hero Honda became the first company in India.
                Over 19 million Hero Honda two wheelers running on Indian roads today.
                TVS Motors is the third largest company in the two-wheeler industry with a
                market share of 16%. Infect, it is the only Indian company without a foreign
                collaboration in the two-wheeler industry. When the company opted out of
      TVS
                the collaboration with Suzuki in 2002, many believed that TVS was headed
                towards extinction. But the company proved the doomsayers wrong and
                came out with a very successful `TVS Victor'. TVS Motors Ltd. originally
                incorporated in 1982 to manufacture two-wheelers in collaboration with
                Suzuki Motors of Japan, TVS was one of the leaders in two-wheeler
                industry.
Industry                            Competitor

           Bajaj is the first Indian two wheeler automobile company in the
BAJAJ      market since 1945 with the name M/s Bacharj trading corporation
           private limited. In 1959 M/sBacharj trading corporation private
           limited change its name as Bajaj Auto Ltd. Bajaj Auto obtains
           license from the Government of India to manufacture two- and
           three-wheelers vehicles in 1959.
           Yamaha Motor Corporation is the auto mobile company of Japan
           (1953) which works in India since 1955 and providing latest
Yamaha     technology in India from last two decades. Yamaha Motor India
           was incorporated in august 2001 as a 100% subsidiary of Yamaha
           motor corporation, Japan
Brand Competitors
        Brands                             Competitors
Honda Activa, Honda Dio,   Hero Honda Pleasure, TVS Scooty Pep ,TVS Scooty,
 Honda Aviator, Honda      Bajaj Wave.
        Eterno

     Honda Unicorn         Bajaj Pulsar DTS-i, Hero Honda CBZ
                           Extreme, Hero Honda Achiever, Hero Honda
                           Ambition.

      Honda Shine          Bajaj Discover DTS-i, Hero Honda Glamour’s, TVS
                           Victor GLX, Hero Honda Passion Plus, Hero Honda
                           Splendor NXG, Yamaha Gladiator.

    Honda Stunner          Bajaj Avenger DTS-i, Hero Honda Karizma, TVS
                           Apache, Yamaha FZ.
Competitor Objective

Hero Honda:
  Being the most fuel efficient Company.
  To develop appropriate product & excellent Quality.
   To meet the demands of the sophisticated markets in Europe
  & America.
   To reach an unassailable pole position in the Indian Two
  Wheeler market.
   To maintain high standard of ethics & social responsibilities.
  To meet the quality performances & price aspirations of the
  customer.
TVS:
  TVS Motor will be responsive to customer requirements
  consonant with its core competence and profitability.
  Customer satisfaction by giving the customer the right product, at
  the right price, at the right time.
  To achieve a significant share for international business in the
  total turnover.
  TVS Motor will support and encourage the process of self-
  renewal in all its employees and nurture their sense of self worth.
  TVS Motor strives for long-term relationships of mutual trust and
  interdependence with its customers, employees, dealers and
  suppliers.
  TVS Motor believes that people make an organization and that its
  well-being is dependent on the commitment and growth of its
  people.
Bajaj:
  Bajaj Auto continues to firmly believe in providing the customer
  Value for money, for years through their products and services.
  The Bajaj maintain and improve, In decision making, quality,
  safety and service will be given as much consideration as
  productivity, cost and delivery.
  Quality shall be built into every aspect of their work life and
  business operations.
  Quality improvements and customer satisfaction shall be the
  responsibility of every employee.
Yamaha:
  YAMAHA focusing on serving their customer where they can
  build long term relationships by raising their lifestyle through
  performance excellence, proactive design & innovative
  technology.
  They are treated as employees are the most valuable assets
  and they intend to develop them to achieve international level
  of professionalism with progressive career development.
  Yamaha conduct their business ethically and socially in a
  responsible manner with concerns for the environment.
  Grow through continuously innovating their business
  processes for creating value and knowledge across their
  customers thereby earning the loyalty of their partners &
  increasing their stakeholder value.
Assessing Strength and Weakness
Hero Honda
Strengths:
 Hero Honda introduced First stroke bike in the Indian market.
 Hero Honda gives 80 Km/Liter Avg.
 Better sale service.
 It has a good brand image.
 It gives better service for customers.
 Best customer preference.
Weakness:
   Suppose to be very sophisticated.
   They have big gap between cubic capacities of its products..
   Spare parts are too costly.
TVS

Strengths:
  Ability to understand customer’s needs and wants
  Recognized and established brand name
  Effective advertising capability

Weakness:
 They have big gap between cubic capacities of its
 products..
 Bikes are not attractive as compare to there
 competitors.
BAJAJ

Strengths:
   Highly experienced management.
   Product design and development capabilities.
   Extensive R & D focus.
   Widespread distribution network.
   High performance products across.
   High export to domestic sales ratio.

Weakness:
 Still has no established brand to match Hero Honda's
 Splendor.
 Not a globally recognizable brand (unlike the JV partner
 Kawasaki)
YAMAHA

Strengths:
 Yamaha motors India is the subsidiary company of Yamaha
   motors ltd, which is the MNC company having a good brand
   name.
 It is the one of the oldest company in the Indian market.
 Bikes are available at very low price.


Weakness
 Some Bikes are not attractive.
 No presences in scooter segment.
 No presences in above 150cc bike segment.
Whom to Attack and Whom to
           Avoid
    (S-Strong, W-Weak, C-Close, D-Distant, G-Good, B-Bad)



Competitor     S     W      C     D     G     B    Attack   Avoid

Hero Honda     √                                     √


   TVS         √                                     √



  BAJAJ                                  √           √


 Yamaha                      √                       √
Hero Honda:
       Considering various brand of Hero Honda i.e. Pleasure,
Hunk, Karizma, CBZ Extreme. Which give strong competition to
Honda i.e. Aviator, Activa, Unicorn, Stunner.
TVS:
       Comparing to Honda Company, TVS Company has the
good market coverage and sales is more so they are strong
competitor and Honda should attack them.
BAJAJ:
       Comparing to the Indian market the Bajaj’s has good
competition with their high CC brands to the Honda.
Yamaha:
       With the innovative products of Yamaha it gives the neck
to neck Competition.
Four P’s of Honda
      Product               Price     Place or          Promotion
                                      Distribution
                                       Channel
    Honda Activa            41,000   Manufacturer    TV Advertisement

     Honda Dio              36,908                      News Paper
                  Manufacturer
    Honda Eterno            36,526      Dealer          Magazines

   Honda Unicorn            57,647                       Discount
                                      Customer
    Honda Shine             46,806                     Festival Offers

   Honda Aviator            43,104                       Coupons

   Honda Stunner            62,097                      Snoopers


Pricing Strategy:
              Competitive based pricing Strategy.
Factors Influencing Buying
            Behavior
   Factors         High / Medium /Low            Justification
                          Impact

Cultural Factors      High Impact       Determination of wants &
                                        Behaviors in the consumer
                                        market. India is exposed to
                                        values,humanitartian,people
                                        loyalty, emotions, love &
                                        Affection all these influences
                                        Buying Behavior
Social Factors        High Impact       Social factors like family,
                                        neighbors, Co-workers,
                                        friends all these are
                                        influencing on buyer
                                        behavior.
Factors           High / Medium /Low             Justification
                               Impact


  Personal Factors         High Impact       Factors like age, education,
                                             family, occupation, life style
                                             all these influences buying
                                             behavior.
Psychological Factors     Medium Impact      Factors like motivation,
                                             perception, learning, attitude
                                             and beliefs influences on
                                             buying behavior of customer.
Buying Decision Process
        Need Recognition


        Information Search


    Evaluation of Alternatives


        Purchase Decision


     Post Purchase Behavior
Brand Honda Shine:

Need Recognition:
   The customer basic need is transportation (Bike).
Information Search:
   After identifying their needs they are going to search information about
   the bike of different brands of companies through various ways like
   Advertisements, Internet, Magazines, and visiting to Showrooms.
Evaluation of Alternatives:
   After finding the information they study about various features of brands,
   price, service and quality of the product. The products which are similar to
   Honda Shine are Hero Honda Passion plus, TVS Victor, Bajaj Discover
   DTS-i125CC.
Purchase Decision:
   Evaluating all product feature and price and his taste and preference he
   decided to purchase.
Post Purchase Behavior:
    After using this bike he feels well and satisfied by this bike.
Conclusion
The study which we conducted on the two wheeler automobile
sector is a very important topic of automobile sector. Two wheeler
automobile sector is the backbone of the automobile sector in India.
After deep research, analysis and getting information about
company as formulated that The Honda Motorcycle Pvt.Ldt
Company achieved success in the market. Through out the study we
found the Honda having very new and modern technology in their
bikes, they have a good name and fame in National and International
Market.
MNC's like Yamaha, TVS, Hero Honda, Bajaj are also giving large
competition. Concluding the performance of the company related to
two wheeler sector in India, getting their growth and what are
services they are providing after sales. But still there is a gap
between 150cc to 225cc segment which is most preferable segment
by youth today. With newer and better models are coming up
customer has better and bigger choices to choose from. It is the
competition on various aspects such as price, design technology,
after sales services and even purchases offers, which provides to
both buyer and seller. Even many dealers are in view that today
Hero Honda and Bajaj, thrives on competition.
Honda ppt bec bagalkot
Honda ppt bec bagalkot

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Honda ppt bec bagalkot

  • 1. DEPARTMENT OF MANAGEMENT STUDIES PRESENTATION ON HONDA COMPANY “THE POWER OF DREAMS”
  • 2. Industry Introduction Automobile is one of the largest industries in global market. Being the leader in product and process technologies in the manufacturing sector, it has been recognized as one of the drivers of economic growth. During the last decade, well directed efforts have been made to provide a new look to the automobile policy for realizing the sector's full potential for the economy. Aggressive marketing by the auto finance companies have also played a significant role in boosting automobile demand, especially from the population in the middle income group. Two-wheeler segment is one of the most important components of the automobile sector that has undergone significant changes due to shift in policy environment. The two-wheeler industry has been in existence in the country since 1955. It consists of three segments viz. scooters, motorcycles and mopeds. In India there are some MNC’s and Indian company dealing in automobile sector. The main key players who are dealing in this sector are Hero Honda, Bajaj, Yamaha, Honda, and TVS. Hero Honda is the biggest player in this sector in India as well as in the world and playing a very important role in two wheeler automobile sector. Hero Honda, Bajaj and TVS are the Indian companies and Yamaha & Honda are international automobile brand.
  • 3. Company Introduction Honda is the world's largest manufacturer of 2-wheelers. Its symbol, the Wings, represents the company's unwavering dedication in achieving goals that are unique and above all, conforming to international norms. These wings are now in India as Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI), a wholly owned subsidiary of Honda Motor Company Ltd., Japan. These wings are here to initiate a change and make a difference in the Indian 2-wheeler industry. Honda's dream for India is to not only manufacture 2-wheelers of global quality, but also meet and exceed the expectations of Indian customers with outstanding after sales support.
  • 4. About Honda Motorcycle & Scooter India Pvt. Ltd. Official Name Honda Motorcycle & Scooter India Pvt. Ltd. Established 20th Aug, 1999 Place Manesar, District Gurgaon, Haryana, India Investment Rs. 300 Crore Representative Mr. Shinji Aoyama, President & CEO Factory Location Manesar, District Gurgaon, Haryana, India Production Capacity 10,000,00 Units per Year
  • 5. Honda's dream for India is to not only manufacture 2-wheelers of global quality; but also meet and exceed the expectations of Indian customers with outstanding after sales support. They aim to produce technologically superior, efficient and reasonably priced 2-wheelers, with Honda tested technology, backed up with after sales service of Honda's global standard.
  • 6. Mission Statement “Human Use of Human Ideas”
  • 7. Vision Statement “To Achieve the Most Admired Brand Status by 2010”
  • 8. Objectives Respect for individuals. - Initiative - Equality - Trust The three joys. - The joy of manufacturing high quality products. - The joy of selling high quality products. - The joy of buying high quality products.
  • 9. Core and Auxiliary Needs Core Needs Auxiliary Needs Brands Transportation Speed, Fashion Activa Transportation Income (Middle Level) Dio Transportation Professionals, Mileage Eterno Transportation Fashion, Speed, Royalty Unicorn Transportation Professionals, Life Style Shine Transportation Speed, Fashion, Mileage Aviator Transportation Speed, Uniqueness, Stunner mileage, Royalty
  • 10. Orientation or Philosophy Company Adopted ORINETATION EXTEND JUSTIFICATION (FULLY,PARTIALY,N OT APPLICABLE) Production Concept Partially This concept believes that consumer will favor product that are available at reasonable prices. But depending on growth of economy. Honda doesn’t do bulk production fully. Already it had experience and relaunched the product again.
  • 11. ORINETATION EXTEND JUSTIFICATION (FULLY,PARTIALY,N OT APPLICABLE) Product Concept Fully The company has significantly improved quality product through a systematic task force approach. Selling Concept Partially Seasonal offers and discount, festival offers. Marketing Concept Fully Customer->Production->Customer EX: Honda Stunner, Unicorn is gaining popularity with younger Male population. To keep these customers who are conscious about style & performance, frequent refresher and upgrades are required emergence of starter.
  • 12. ORINETATION EXTEND JUSTIFICATION (FULLY,PARTIALY,NO T APPLICABLE) Societal Marketing Partially Societal welfare, Concept Sponsorship towards Educational Institutions.
  • 13. Company SWOT Analysis Strength  Reliable brand name  Affordable price  Honda having high tech engines  HMSI (Honda Motorcycle and Scooter India Pvt.Ldt) is the subsidiary company of Honda Motors Ltd. Which is the largest company in the proposed sector Weakness Less number of service center Spares parts are not easily available Low product range Maintenance cost is very high
  • 14. Opportunity  Increase in product range  Untapped market above 180 cc in motorcycles.  More maturity and movement towards higher-end motorcycles  Honda can be use brand image of Hero Honda Threats There is high competition in the market Threat of cheap imported motorcycles and components from China
  • 15. Different Brands and Features Different Brands: Honda Activa Honda Dio Honda Eterno Honda Unicorn Honda Shine Honda Aviator Honda CBF Stunner Honda CBR 1000 Honda CBF Twyster
  • 16. Features of Brands Honda Activa 102CC:“Designed for Everyone” FEATURES:  Flush surface.  Multi-reflector light.  Low seat with high ground clearance.  Movable front fender.  Sleek and aerodynamic styling.  Low noise 4-cycle engine.  Metal Body.  CLIC mechanism.
  • 17. Honda Dio 102CC: “Get Noticed” FEATURES: Attractive body styling with mounted head light that adds charm to the scooter. Light weight body enhances the fuel economy and riding pleasure. Sleek and aerodynamic design to suit European styling preferences. Effective shock absorption. Stays balanced even during emergency braking. Comfortable secure seat. A bag hook below the front end of the seat. Wide and spacious foot board.
  • 18. Honda Eterno 150CC: “Get More” FEATURES: 4-Stroke, 150cc Engine promises to gives a mileage of 60 kmpl under actual riding conditions. Aerodynamic Body with masculine looking body style.. Dual Spring Suspension technology for better comfort. One-Direction Gear System. Larger storage space under seat. CLIC - Convenient Lift Up Independent Cover for easy repair and maintenance. Waterproof and durable Stainless- Steel inner cables and TUFFUP outer cables.
  • 19. Honda Unicorn 150CC: “Be A Wing Rider” FEATURES: Best pick up in its class. It delivers an incredible 60 kms to a liter. It is a perfect fusion of sporty & macho design. With Mono Suspension & Diamond frame, it takes all kinds of road shocks with absolute ease. It is the only motorcycle equipped with a puncture resistant Tupp up Tube.
  • 20. Honda Shine125CC: FEATUES: The Optimax engine, 02 way air jacket and CV carburetor makes the Shine an automatic 2 wheeler as it reduces the usage of clutch. New Aero dynamic design for enjoyable riding. Intense tail lamp, aerodynamic front cowl and fuel tank knee grip gives shine decent and stylish looks.
  • 21. Honda Aviator 102CC: “Live Your Style “ FEATURE: Unique style of front facial with large clear lens multi- reflector lamps. High impact resistant body. Lightweight 12 inches alloy wheel. Telescopic front suspension for better on road control. Aviator comes with Puncture resistant tuff-up tube. Adequate 20 Liter of under seat space 7 bhp, 102 cc powerful engine for power-packed performance.
  • 22. Honda CBF Stunner 125CC: FEATURE: •Honda Stunner CBF Self Drum with a powerful 11 bhp Honda engine, 5 speed transmission and a maximum power that ensures an absolute sensational ride. •Featured with a 4stroke, and that facilitates quick start, this gives you a proper mileage of 48 to 50 Km per hour, so that you can cover distances in no time.
  • 23. Honda CBR 1000: FEATURES: •Sharper rear styling with revised shape and new tail- light with clear lens •Sharp exhaust muffler appearance with aluminium muffler cover •New graphics and colours •Improved crankshaft inertia mass
  • 24. Punch lines of Brands  Honda Activa 102CC: “Designed for Everyone”  Honda Dio 102CC: “Get Noticed”  Honda Eterno 150CC: “Get More”  Honda Unicorn 150CC: “Be A Wing Rider”  Honda Aviator 102CC: “Live Your Style “
  • 25. Competitor Analysis Industry Competitors Industry Competitor Hero Honda Motors Limited was established in 1984, as a joint venture between India's Hero Group (world's largest bicycle manufacturers) and Hero Honda Japan's Honda Motor Company. And created the world's single largest two wheeler company and also one of the most successful joint ventures worldwide. During the 80s, Hero Honda became the first company in India. Over 19 million Hero Honda two wheelers running on Indian roads today. TVS Motors is the third largest company in the two-wheeler industry with a market share of 16%. Infect, it is the only Indian company without a foreign collaboration in the two-wheeler industry. When the company opted out of TVS the collaboration with Suzuki in 2002, many believed that TVS was headed towards extinction. But the company proved the doomsayers wrong and came out with a very successful `TVS Victor'. TVS Motors Ltd. originally incorporated in 1982 to manufacture two-wheelers in collaboration with Suzuki Motors of Japan, TVS was one of the leaders in two-wheeler industry.
  • 26. Industry Competitor Bajaj is the first Indian two wheeler automobile company in the BAJAJ market since 1945 with the name M/s Bacharj trading corporation private limited. In 1959 M/sBacharj trading corporation private limited change its name as Bajaj Auto Ltd. Bajaj Auto obtains license from the Government of India to manufacture two- and three-wheelers vehicles in 1959. Yamaha Motor Corporation is the auto mobile company of Japan (1953) which works in India since 1955 and providing latest Yamaha technology in India from last two decades. Yamaha Motor India was incorporated in august 2001 as a 100% subsidiary of Yamaha motor corporation, Japan
  • 27. Brand Competitors Brands Competitors Honda Activa, Honda Dio, Hero Honda Pleasure, TVS Scooty Pep ,TVS Scooty, Honda Aviator, Honda Bajaj Wave. Eterno Honda Unicorn Bajaj Pulsar DTS-i, Hero Honda CBZ Extreme, Hero Honda Achiever, Hero Honda Ambition. Honda Shine Bajaj Discover DTS-i, Hero Honda Glamour’s, TVS Victor GLX, Hero Honda Passion Plus, Hero Honda Splendor NXG, Yamaha Gladiator. Honda Stunner Bajaj Avenger DTS-i, Hero Honda Karizma, TVS Apache, Yamaha FZ.
  • 28. Competitor Objective Hero Honda: Being the most fuel efficient Company. To develop appropriate product & excellent Quality. To meet the demands of the sophisticated markets in Europe & America. To reach an unassailable pole position in the Indian Two Wheeler market. To maintain high standard of ethics & social responsibilities. To meet the quality performances & price aspirations of the customer.
  • 29. TVS: TVS Motor will be responsive to customer requirements consonant with its core competence and profitability. Customer satisfaction by giving the customer the right product, at the right price, at the right time. To achieve a significant share for international business in the total turnover. TVS Motor will support and encourage the process of self- renewal in all its employees and nurture their sense of self worth. TVS Motor strives for long-term relationships of mutual trust and interdependence with its customers, employees, dealers and suppliers. TVS Motor believes that people make an organization and that its well-being is dependent on the commitment and growth of its people.
  • 30. Bajaj: Bajaj Auto continues to firmly believe in providing the customer Value for money, for years through their products and services. The Bajaj maintain and improve, In decision making, quality, safety and service will be given as much consideration as productivity, cost and delivery. Quality shall be built into every aspect of their work life and business operations. Quality improvements and customer satisfaction shall be the responsibility of every employee.
  • 31. Yamaha: YAMAHA focusing on serving their customer where they can build long term relationships by raising their lifestyle through performance excellence, proactive design & innovative technology. They are treated as employees are the most valuable assets and they intend to develop them to achieve international level of professionalism with progressive career development. Yamaha conduct their business ethically and socially in a responsible manner with concerns for the environment. Grow through continuously innovating their business processes for creating value and knowledge across their customers thereby earning the loyalty of their partners & increasing their stakeholder value.
  • 32. Assessing Strength and Weakness Hero Honda Strengths:  Hero Honda introduced First stroke bike in the Indian market.  Hero Honda gives 80 Km/Liter Avg.  Better sale service.  It has a good brand image.  It gives better service for customers.  Best customer preference. Weakness: Suppose to be very sophisticated. They have big gap between cubic capacities of its products.. Spare parts are too costly.
  • 33. TVS Strengths: Ability to understand customer’s needs and wants Recognized and established brand name Effective advertising capability Weakness: They have big gap between cubic capacities of its products.. Bikes are not attractive as compare to there competitors.
  • 34. BAJAJ Strengths: Highly experienced management. Product design and development capabilities. Extensive R & D focus. Widespread distribution network. High performance products across. High export to domestic sales ratio. Weakness: Still has no established brand to match Hero Honda's Splendor. Not a globally recognizable brand (unlike the JV partner Kawasaki)
  • 35. YAMAHA Strengths:  Yamaha motors India is the subsidiary company of Yamaha motors ltd, which is the MNC company having a good brand name.  It is the one of the oldest company in the Indian market.  Bikes are available at very low price. Weakness Some Bikes are not attractive. No presences in scooter segment. No presences in above 150cc bike segment.
  • 36. Whom to Attack and Whom to Avoid (S-Strong, W-Weak, C-Close, D-Distant, G-Good, B-Bad) Competitor S W C D G B Attack Avoid Hero Honda √ √ TVS √ √ BAJAJ √ √ Yamaha √ √
  • 37. Hero Honda: Considering various brand of Hero Honda i.e. Pleasure, Hunk, Karizma, CBZ Extreme. Which give strong competition to Honda i.e. Aviator, Activa, Unicorn, Stunner. TVS: Comparing to Honda Company, TVS Company has the good market coverage and sales is more so they are strong competitor and Honda should attack them. BAJAJ: Comparing to the Indian market the Bajaj’s has good competition with their high CC brands to the Honda. Yamaha: With the innovative products of Yamaha it gives the neck to neck Competition.
  • 38. Four P’s of Honda Product Price Place or Promotion Distribution Channel Honda Activa 41,000 Manufacturer TV Advertisement Honda Dio 36,908 News Paper Manufacturer Honda Eterno 36,526 Dealer Magazines Honda Unicorn 57,647 Discount Customer Honda Shine 46,806 Festival Offers Honda Aviator 43,104 Coupons Honda Stunner 62,097 Snoopers Pricing Strategy: Competitive based pricing Strategy.
  • 39. Factors Influencing Buying Behavior Factors High / Medium /Low Justification Impact Cultural Factors High Impact Determination of wants & Behaviors in the consumer market. India is exposed to values,humanitartian,people loyalty, emotions, love & Affection all these influences Buying Behavior Social Factors High Impact Social factors like family, neighbors, Co-workers, friends all these are influencing on buyer behavior.
  • 40. Factors High / Medium /Low Justification Impact Personal Factors High Impact Factors like age, education, family, occupation, life style all these influences buying behavior. Psychological Factors Medium Impact Factors like motivation, perception, learning, attitude and beliefs influences on buying behavior of customer.
  • 41. Buying Decision Process Need Recognition Information Search Evaluation of Alternatives Purchase Decision Post Purchase Behavior
  • 42. Brand Honda Shine: Need Recognition: The customer basic need is transportation (Bike). Information Search: After identifying their needs they are going to search information about the bike of different brands of companies through various ways like Advertisements, Internet, Magazines, and visiting to Showrooms. Evaluation of Alternatives: After finding the information they study about various features of brands, price, service and quality of the product. The products which are similar to Honda Shine are Hero Honda Passion plus, TVS Victor, Bajaj Discover DTS-i125CC. Purchase Decision: Evaluating all product feature and price and his taste and preference he decided to purchase. Post Purchase Behavior: After using this bike he feels well and satisfied by this bike.
  • 43. Conclusion The study which we conducted on the two wheeler automobile sector is a very important topic of automobile sector. Two wheeler automobile sector is the backbone of the automobile sector in India. After deep research, analysis and getting information about company as formulated that The Honda Motorcycle Pvt.Ldt Company achieved success in the market. Through out the study we found the Honda having very new and modern technology in their bikes, they have a good name and fame in National and International Market. MNC's like Yamaha, TVS, Hero Honda, Bajaj are also giving large competition. Concluding the performance of the company related to two wheeler sector in India, getting their growth and what are services they are providing after sales. But still there is a gap between 150cc to 225cc segment which is most preferable segment by youth today. With newer and better models are coming up customer has better and bigger choices to choose from. It is the competition on various aspects such as price, design technology, after sales services and even purchases offers, which provides to both buyer and seller. Even many dealers are in view that today Hero Honda and Bajaj, thrives on competition.