Volkswagen India Analysis
VOLKSWAGEN INDIA
INTRODUCTION
Volkswagen (VW) is one of the world’s leading automobile manufacturers and the largest carmaker in Europe
Founded in 1937 in Germany
VW Group is the umbrella corporation for Audi, Bugatti, Bentley, Lamborghini, Porsche, SEAT, Skoda and Volkswagen
The Volkswagen Group sells its vehicles in 153 countries
INTRODUCTION
India is the world’s second fastest growing car market
Only a growing market
VW Launched in India in 2007
VW India has currently 7 models of cars targeted at different customers
Market study
70% of passenger cars are small cars in India
The pricing needs to be within the competition
Need for changing its market strategy for India
Challenges for VW
Expertise in Premium cars Priority to performance Skewed towards compact cars Priority to economy
Pricing
MODEL Polo Vento Jetta Passat Beetle Touareg Basic Variant Price (Rs) 4,42,000 7,08,400 13,10,082 19,20777 21,22,592 51,85160
Phaeton
76,29128
Marketing strategies
Worlds first talking newspaper !
Volkswagen took advertising to a new level with an innovative audio advertisement in newspaper.
On Tuesday September 21, 2010 as readers opened the newspaper a lightsensitive chip attached to the page announced the arrival of “a perfectly engineered car” – the Vento.
25 lakh readers of The Times of India and The Hindu were taken by surprise
It cost VW 5 crore rupees
Social media
o VW’s FB fan page has more than 25,000 followers o Twitter page has more than 7,500 o Replying to queries o Appreciating feedback o Run frequent contests
Official YouTube channel for VW 57 million subscribers worldwide Broadcast numerous videos for promotion and brand awareness
First auto major to establish a presence on LinkedIn company Pages Strong presence in Linkedin Their prime social media tool Have listed all of their 7 cars Have got a staggering 2772 recommendations
o Sustainable mobility and
INTRODUCTION
Volkswagen (VW) is one of the world’s leading automobile manufacturers and the largest carmaker in Europe
Founded in 1937 in Germany
VW Group is the umbrella corporation for Audi, Bugatti, Bentley, Lamborghini, Porsche, SEAT, Skoda and Volkswagen
The Volkswagen Group sells its vehicles in 153 countries
INTRODUCTION
India is the world’s second fastest growing car market
Only a growing market
VW Launched in India in 2007
VW India has currently 7 models of cars targeted at different customers
Market study
70% of passenger cars are small cars in India
The pricing needs to be within the competition
Need for changing its market strategy for India
Challenges for VW
Expertise in Premium cars Priority to performance Skewed towards compact cars Priority to economy
Pricing
MODEL Polo Vento Jetta Passat Beetle Touareg Basic Variant Price (Rs) 4,42,000 7,08,400 13,10,082 19,20777 21,22,592 51,85160
Phaeton
76,29128
Marketing strategies
Worlds first talking newspaper !
Volkswagen took advertising to a new level with an innovative audio advertisement in newspaper.
On Tuesday September 21, 2010 as readers opened the newspaper a lightsensitive chip attached to the page announced the arrival of “a perfectly engineered car” – the Vento.
25 lakh readers of The Times of India and The Hindu were taken by surprise
It cost VW 5 crore rupees
Social media
o VW’s FB fan page has more than 25,000 followers o Twitter page has more than 7,500 o Replying to queries o Appreciating feedback o Run frequent contests
Official YouTube channel for VW 57 million subscribers worldwide Broadcast numerous videos for promotion and brand awareness
First auto major to establish a presence on LinkedIn company Pages Strong presence in Linkedin Their prime social media tool Have listed all of their 7 cars Have got a staggering 2772 recommendations
o Sustainable mobility and