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Volkswagen Polo
Group Members
Anand Bhagat Snehal Ladge Nirmal Panchal Suresh Yadav Dinesh Yadav Cliford Borges
Introduction
From December 12, 2009 the new Pune plant has started rolling-out the hatchback version of the Volkswagen Polo. The Made-in-India Polo was presented to the general public for the very first time at the Auto Expo 2009 Delhi in January. The launch of this premium hatchback in March 2010, brought access to one of the Indian passenger car segments with the highest-volume unit sales of 18640 up to December 2010. VW Polo has received several awards such as What A Car! Award 2010, European COTY 2009, World COTY 2010, CNBC Overdrive, NDTV Car & Bike Award, Business Standard Motoring Award. The VW Polo has placed itself in the market with an aim to target young achievers as well as budget-minded buyers in the compact car/ lifestyle segment. The car was priced at Rs. 4.8 lakhs to 7.5 lakhs for 1.2L petrol &
IMC Perspective
Marketing Strategy Volkswagen follows a top-down strategy of bringing its cars to India. Kurt Rippholz said,"As part of this strategy, we first brought the Thaeton and Touareg, followed by Passat in September 2007, which is a segment below these two. Jetta was launched in July 2008, a segment below the Passat. Now we're launching the Beetle , which is in the same segment as the Jetta but will be positioned as a lifestyle car. Volkswagen hopes to increase its sales in 2010 with the to-be-launched Polo hatchback and an upper-premium sedan variant. will be rolled out from the Chakan plant. The production of polo hatchback and the new premium sedan will be flexible depending upon the demand."
Brand Development
During the research we observed that Volkswagen group has invested extensively in activities targeting brand development, thus deserving a mention. The activities are as follows : 13 advertisements on12 pages TOI out of 22 had VW ads on the day VW-Polo was launched, addressed as roadblocking activity in the media circles & opinionated media persons say that 1st Polo Cup held on 30th May 2010 in Pune, a 3-day event had 1100 registrations followed by 5 races in Chennai & Coimbatore. An activity supported with an official website www.polocup.in. Following similar format of 6
The company in our opinion has hit the sweet spot with its timing of the launch as SIAM reported a growth of 32% in car sales to145000 units In Jan 2010. "This is the highest ever sales by the auto industry and has come on the back of economic growth, reduced interest rates and better money supply in the system," Dilip Chenoy, director general, SIAM said. But, all credit can be given to VWs executive and strategic competence. The company has continued aggressively targeting the Indian market share and capitalizing on the success of Polo by strategically timing the launch of its 1.6L Polo variant and following it up by an upperpremium sedan Vento. The VW group is aiming to grab 8-10% of the market share in the small car segment.
Conclusion
VWs ongoing & exhaustive Brand Development re-enforces a High Perceived Value in the Consumers Mind. Thus, ensuring a successful Product Launch with a modest Product IMC.
Advertising
The TVC used by VW has taken a unique approach a campaign designed by the agency DDB Mudra. The Polo target segment as well as most Indians believe strongly in buying those product which seem to deliver value for money. Thus, along with the cars performance, due to the high competition levels this market segment has become equally feature driven, some may take the liberty of calling it feature obsessed, too. VW ads have exactly addressed that in a simple and humorous way that can easily strike a chord with the Indian buyer. They have created 4 Ads, each addressing a different feature viz., fuel efficiency, safety toughness, ground clearance & road handling. The creative idea of the ad is weve done the testing, so you dont have to, enrolling the consumer into making a buying decision even before they have visited the showroom. The ad has been well received by the average indian
Advertising
Print Ads
The VW used the Times Of India newspaper media to publish print ads extensively. As mentioned earlier the VW DAS Auto engaged in a roadblock activity incorporated the launch and publicity message for the VW Polo. The print ad again is a simple and visually pleasing ad using lush green environment as the background that drives the feature driven message clearly as well as including the VW tagline, German Engineering. Made In India.
Distributor /Distribution
The Volswagen Polo is being distributed by 40 dealers in India. We plan to increase our dealer network from 150 to 1,000 by 2018, a time by which we should have a market share of 20 per cent in comparison to the existing 2.6 per cent, Volkswagen (India) Director Group Service.As reported in The Hindu.
Conclusion
The Volkswagen Polo has been successfully launched with an intention of not just launching the product Polo but also creating a foundation for the brand Volkswagen.
Thank You.