Professional Documents
Culture Documents
pushpa h n
pushpa h n
Internship Report submitted in partial fulfilments of the requirements for the award
of the degree.
BACHELOR OF COMMERCE
OF
SUBMITTED BY
Mrs. PUSHPA H N
U19RK21C0074
Under the guidance of
VIJAYAPURA
ACKNOWLEDGMENT
Last but not the least I take this opportunity to thank my parents and Friends for
their encouragement without which this project would not have been a success.
Date:
Place: SIDLAGHATTA
PUSHPA H N
TABLES OF CONTENTS
1 INTRODUCTION 1 - 12
2 DESCRIPTION OFORGANISATION 13 - 21
3 EXPERIENCALLEARNING 22 - 26
5 BIBLIOGRAPHY
33
6 ANNEXURE 34 - 35
EXECUTIVE SUMMARY
Certainly! Let’s create an executive summary related to a study analyzing the sales promotion
and advertising strategies of Hero Motors. This summary will include the research objective
Executive Summary: Analysis of Sales Promotion and Advertising Strategies at Hero Motors
Research Objective:
The primary objective of this study was to evaluate and understand the effectiveness of Hero
Motors’ sales promotion and advertising strategies. Specifically, we aimed to identify the key
elements that contribute to the company’s market leadership and growth prospects.
Overview of Hero Motors: Hero Moto Corp, headquartered in New Delhi, is the world’s
largest two-wheeler manufacturer with a remarkable 46% market share in the Indian two-
wheeler industry
The company offers a wide range of motorcycles and scooters, catering to diverse customer
needs—from affordable commuter bikes to high-performance motorcycles.
Hero Moto Corp has expanded its global footprint, exporting products to over 40 countries.
Notably, the company has ventured into the electric vehicle (EV) segment, launching its first
electric scooter, the Vida V1, in 2023.
Digital Marketing: Hero Moto Corp has leveraged digital marketing strategies to strengthen
its presence globally.
Product Launches: In August 2023, the company partnered with AKSHAY KUMAR to
endorse the new electric scooter, Vida V1.
EV Infrastructure: Hero Moto Corp announced partnerships with Bharat Petroleum for EV
charging stations in India and with Taiwanese battery maker GOGORO for global electric
two-wheeler development
A STUDY ON ANALYSIS OF SALES PROMOTION AND ADVERTISING
STRATEGIESMANJUNATHA MOTORS, SHIDLAGHATTA.
CHAPTER-1:
INTRODUCTION
Sales promotion are action focused action-focused marketing events whose purpose is
to have a direct impact on the behaviour of the firm customer.
Sales promotion activities are generally performed at certain times. Thus, these are
not regular activities, as display fairs and exhibitions, demonstrations, seasonal
discount free-gift, etc.
Sales promotion helps in selling and it makes advertisements and personal selling
easy andeffective.
Sales promotion encourages dealers and distributors to sell the product more.
Sales promotion encourages consumers also to buy the product.
OBJECTIVES OF STUDY
6. Reinforcing the Brand After purchasing the product, mostly for additional
purchase or to promote the sales. Many companies, including airlines and retail
stores, reward good or preferred customers with special promotions (e.g., email
special deals and surprise price reductions at the cash register).1
IMPORTANCE
Importance of Sales Promotion
The business world today is a world of competition. A business cannot survive if its
products do not sell in the market. Thus, all marketing activities are undertaken to increase
sales.
ADVERTISING STRATEGY
An advertising strategy is a plan that helps you determine how your brand will
1. Content advertising
2. Informative advertising
3. Comparative advertising
4. Emotional advertising
5. Push advertising
1. Content advertising:
In this advertising strategy, you aim to directly influence customers Through different
channels with a direct and clear message that is directed at reaching as many people as
possible.
2. Informative advertisement:
Potential customers are shown the value of the brand. In most cases rational values are
used to guide it.
3. Comparative advertisement:
4. Emotional advertising:
5. Push advertising:
It is better suited for new products or services since it aims to position Well
and generate sales by making something known among consumers. The push
strategy can use a variety of channels including median and social media.
reassure buyers that they have made the best purchase, thus building loyalty to the
4. To increase support. Advertising impliedly bolsters the morale of the sales force and
organization.
This message is aimed not only at consumers, but also at the government, shareholders
CHAPTER 2:
DESCRIPTION OF THE
ORGANISATION
MANJUNATHA MOTORS
NO-389, NEAR K S R T C BUS STAND,OPP SHARADA CONVENT,SIDLAGHATTA
- 562 105 SIDLAGHATTA, KARNATAKA:
Mobile No: 9448237043
Email: manjunathamotors.In@gmail.com
*MANJUNATHA MOTORS, Hero Showroom may present in one or more location. Some
MANJUNATHA Motors Hero dealer may not sell all Hero models. Kindly confirm over the
phone before visiting the showrooms.
Hours of Operation
Sunday Closed
HF Deluxe
SUPER SPLENDOR
DESTINI 125
Services Offered:
1. Sales: MANJUNATHA Motors offers a range of motorcycles and scooters from Hero
Moto Corp. You can explore their products, including new launches, practical models,
executive bikes, and performance-oriented options.
2. Service: They provide maintenance and repair services for Hero motorcycles and
scooters. Whether you need regular servicing, repairs, or spare parts, you can rely on
MANJUNATHA MOTORS.
Amenities:
Detailed history of Hero Moto Corp and its association with MANJUNATHA MOTORS
IN SIDLAGHATTA:
Hero Moto Corp, formerly known as Hero Honda, is a trusted and well-known
brand in the two-wheeler industry. Established in 1984, it began as a joint venture
between Hero Motor Company and the Honda Group. Here are some key points
about its journey:
o Joint Venture: Hero Honda Motors Limited was founded in DHUHARA,
India, with the MUNJAL family and Honda Group holding a 26% stake in
the company.
Certainly! Let’s dive into Hero Moto Corp’s vision, mission, values, and sustainability
initiatives in more detail:
1. Vision:
o Hero Moto Corp’s vision is to “Be the Future of Mobility.”
o They aspire to lead the industry by setting standards for design, functionality,
In summary, Hero Moto Corp’s vision is to shape the future of mobility sustainably, and their
mission revolves around empowering people through innovative and affordable mobility
solutions. They lead with integrity, courage, and responsibility, aiming to inspire positive
change in the world of transportation.
1. Board of Directors:
- Chairman
- Vice Chairman
- Non-Executive Directors
- Independent Directors
4. Business Units:
- Motorcycle Division
- Scooter Division
- Research & Development (R&D)
- Manufacturing
- After-Sales Service
5. Support Functions:
- Finance and
Accounts
- Human Resources
- Information Technology (IT)
- Procurement
- Quality Assurance
- Corporate Communications
7. Employees:
This structure allows Hero MotoCorp to effectively manage its operations, innovation,
marketing, sales, and support functions globally while maintaining a clear chain of
command and responsibility. It ensures that decisions can be made efficiently and that the
company can adapt to market changes and customer needs effectively.
1. Products: Hero MotoCorp produces motorcycles and scooters. Some of their popular
models include:
Dealer Services: They provide free parking on-site and accept payment methods
such as cash, cheques, debit cards, MasterCard, and online payments.
CHAPTER 3:
EXPERIENTAL LEARNING
The four weeks of my internship study project gave me a knowledge about the study on
the ANALYSIS OF SALES PROMOTION AND ADVERTISING STRATEGIES and
gaining experience in the following areas:
SKILLS
To study and analyze sales promotion and advertising strategies related to Hero Motors, one
would need to develop a set of skills that include: Analyzing sales promotion and advertising
strategies is a multifaceted skill set that involves a combination of creative, analytical, and
strategic abilities. Here are some key skills that are often acquired through such analysis:
These skills can help you create effective campaigns that boost sales and brand awareness,
and they are valuable in a variety of marketing roles. Whether you’re designing an ad,
planning a sales promotion, or developing a comprehensive marketing strategy, these skills
will be crucial to your success.
Analyzing sales promotion and advertising strategies for a company like Hero Motors
involves several challenges, such as:
By addressing these challenges with targeted solutions, Hero Motors can aim to sustain and
grow its market presence effectively.
TASK PERFORMED
To analyze the sales promotion and advertising strategy of Hero Motors, you can consider the
following aspects:
1. Market Positioning: Understand how Hero Motors positions itself in the market. This
includes analyzing their brand messaging and how they differentiate themselves from
competitors.
2. Target Audience: Identify the target audience for Hero Motors. This involves
understanding the demographics, psychographics, and buying behavior of their
ideal customers.
3. Advertising Campaigns: Review the advertising campaigns launched by Hero
Motors. Look for the themes, messages, and channels used for these
campaigns.
4. Sales Promotions: Examine the sales promotion tactics employed by Hero Motors.
This could include discounts, offers, loyalty programs, and other incentives to
boost sales.
5. Digital Presence: Assess Hero Motors’ digital marketing strategies. This includes
their website, social media presence, online advertising, and content marketing
efforts.
LESSONS LEARNED
1. Leverage Brand Ambassadors: Hero Motors has effectively used popular figures
like AKSHAY KUMAR to endorse their products, such as the electric scooter Vida
V11. This helps in creating a strong brand association and trust.
2. Diversify Product Portfolio: With a range of products from affordable commuter
bikes to high-performance motorcycles, and even entering the electric vehicle market,
Hero Motors caters to a wide audience1. This diversification allows them to tap into
different market segments.
3. Strategic Partnerships: Collaborations with companies like Bharat Petroleum for EV
charging stations and Taiwanese battery maker Gogoro for electric two-wheelers
development highlight the importance of strategic partnerships in expanding business
capabilities and reach.
4. Focus on Buyer Persona: Understanding the target audience is crucial. Hero Motors’
buyer persona, for example, focuses on individuals needing reliable and affordable
transportation, which guides their marketing strategies.
5. Innovative Advertising: Hero Motors has increased its advertising duration over the
years, indicating a robust strategy that adapts to market trends and consumer
behavior.
6. Service Efficiency: Highlighting service efficiency in promotions can reassure
customers about the post-purchase experience, which is a significant factor in the
decision-making process.
7. SWOT Analysis: Conducting a SWOT (Strengths, Weaknesses, Opportunities,
Threats) analysis can help in understanding the internal and external factors
affecting the business, guiding strategic decisions.
By incorporating these lessons, businesses can develop a more effective marketing strategy
that aligns with their goals and the needs of their target audience.
PROBLEMS
Analyzing the sales promotion and advertising strategies of Hero Motors can present several
problems. Here are some common issues that might arise:
CHAPTER - 4
STRATEGY.
Honda Motors has implemented a comprehensive sales promotion and advertising strategy
that has led to several positive outcomes:
1. Target Market Expansion: Honda has expanded its target market to include not only
the middle-income group, traditionally interested in two-wheelers, but also younger
drivers and young families. This has broadened their customer base and increased
sales.
2. Digital Marketing Emphasis: By focusing on digital marketing, Honda has been able
to reach a wider audience and engage with customers more effectively. Their online
presence and social media marketing efforts have been particularly successful.
3. Innovative Product Strategy: Honda’s commitment to innovation is reflected in their
product strategy, which includes a range of vehicles that cater to different customer
needs and preferences.
4. Customer-Centric Approach: Through extensive market research and feedback,
Honda has tailored its products and services to exceed customer expectations,
leading to high levels of customer satisfaction.
5. Environmental Sustainability: Honda’s marketing strategy also emphasizes
environmental sustainability, which has attracted environmentally-conscious
consumers and aligned the brand with the values of a growing segment of the market.
6. Effective Promotional Campaigns: Honda’s promotional campaigns have utilized a
mix of demographic, psychographic, and geographic segmentation variables to
effectively communicate with and satisfy the changing needs of customers.
Overall, Honda’s strategic approach to sales promotion and advertising has reinforced its
position as a leader in the automotive industry and contributed to its strong brand reputation
and loyal customer base.
FINDINGS
sales promotion and advertising strategies related to Hero Moto Corp. As one of the world’s
largest two-wheeler manufacturers, Hero Moto Corp has implemented several effective
strategies to maintain its market position. Here are some key findings:
Hero Moto Corp adapts to changing market dynamics, prioritizes customer needs, and
leverages partnerships and endorsements to enhance its brand and product offerings. These
strategies contribute d success in the two-wheeler
SUGGESTIONS
For sales promotion and advertising strategies related to Hero Motors, here are some
suggestions based on current trends and practices in the industry:
Advertising Strategies:
2. Digital Marketing: Leverage social media platforms and search engine marketing
totarget potential customers effectively.
3. Content Marketing: Create engaging content such as blogs, videos, and
infographicsthat highlight the features and benefits of Hero Motors’ products.
It’s important to tailor these strategies to align with Hero Motors’ brand values of trust,
reliability, and innovation, and to address the specific needs and preferences of the target
audience. Additionally, staying updated with the latest marketing trends and consumer
behaviors can help in crafting effective promotional campaigns.
RECOMMENDATIONS
Improving sales promotion and advertising strategies for Hero Moto Corp can be a multi-
faceted approach. Here are some detailed recommendations based on current marketing
trends and strategies:
Optimize the Website: Ensure that Hero Moto Corp’s website is user-
friendly,mobile-optimized, and SEO-friendly to attract more organic traffic1.
Social Media Engagement: Increase engagement on platforms like
INSTAGRAM, twitter, and FACEBOOK, with interactive content and regular
updates about new models and offers1.
Content Marketing: Publish high-quality, informative content such as blogs,
videos, and INFOGRAPHICS that highlight the features and benefits of Hero Moto
Corp’s two-wheelers1.
Unique Selling Proposition (USP): Clearly define and communicate Hero Moto
Corp’sUSP, focusing on reliability, affordability, and innovation2.
Target Audience: Identify and target specific customer segments, such as young
professionals, women riders, or eco-conscious consumers, with tailored marketing
campaigns1.
3. Promotional Campaigns
5. Competitive Analysis.
6. Global Expansion
7. Advertising Campaigns
Creative Campaigns: Develop creative advertising campaigns that resonate with
thetarget audience and highlight the brand’s values1.
Multi-Channel Approach: Utilize a mix of traditional and digital channels to reach
awider audience1.
CONCLUSION
. The conclusion of sales promotion and advertising strategies related to Hero Motors,
based on the latest information, can be summarized as follows:
Hero Motors has consistently focused on its core values of trust, reliability, and innovation
in its marketing strategies. The company has aimed to make mobility accessible to everyone,
which is reflected in their wide range of products from affordable commuter bikes to high-
performance motor cycles. In recent times, Hero Motors has expanded its global footprint and
has been investing heavily in electric vehicles. The launch of the electric scooter Vida V1 in
2023 is a testament to their commitment to innovation and addressing the growing demand
for electric vehicles.
Marketing campaigns have been tailored to resonate with the target audience, emphasizing
the need for reliable and affordable transportation, which also serves as a status symbol. The
company’s advertising strategies have leveraged endorsements by celebrities like AKSHAY
KUMAR, partnerships with Bharat Petroleum for EV charging stations, and collaborations
with Taiwanese battery maker Gogoro.
Overall, Hero Motors’ sales promotion and advertising strategies have been effective in
maintaining a strong market presence and adapting to the evolving market dynamics,
especially in the context of the shift towards electric mobility. Certainly! Here’s a
summarized conclusion highlighting points about Hero Moto Corp’s sales promotion and
advertising strategy.
BIBILOGRAPHY
1. Google
2. https;//compare.pricesofindia.com
3. https;//dealers.heromotocorp.com
4. www.vicky.in
5. www.justdial.co
6. CAPILOT
ANNEXURES
For an in-depth study on sales promotion and advertising strategy related to Manjunatha
Motors, you would typically include several annexures (appendices) to support your research
findings and analysis. Here are some suggested annexures you might consider including:
2. Data Tables and Charts: Annex detailed data tables and charts related to sales figures
before and after specific promotional campaigns. This could include metrics such as sales
volume, revenue generated, customer footfall, etc.
6. Financial Data: Include financial statements related to the budget allocated for
advertising and sales promotions over a specific period. This helps in understanding the
financial commitment to these strategies.
9. Legal and Compliance Documents: If there are any legal or regulatory documents
related to advertising and promotions that are relevant to your study, include them in the
annexures.
Ensure each annexure is labeled clearly and referenced appropriately within your main
study. These annexures will provide comprehensive support to your analysis of sales
promotion and advertising strategies at Manjunatha Motors.