Professional Documents
Culture Documents
Shubham, Mohit, Tarun 106,102,100 Mrs. Saloni P. Diwan Asst. Professor USM, KUK
Shubham, Mohit, Tarun 106,102,100 Mrs. Saloni P. Diwan Asst. Professor USM, KUK
Tesla Motors is an American automotive and energy company based in Palo Alto,
California. The company specializes in electric car manufacturing and, through
its SolarCity subsidiary, solar panel manufacturing.
Tesla was founded in July 2003, by engineers Martin Eberhard and Marc Tarpenning,
under the name Tesla Motors. The company's name was derived from physicist Nikola
Tesla.
Elon Musk is the co-founder, CEO, and product architect of Tesla Motors.
Over the years, the American company has gained recognition in the industry and won
more customers after the production of more luxurious models dubbed Model X and
Model S which are also electric vehicles. In 2015, the company recorded their best
ever performance of the last 12 years of existence managing to sell 125,000 electric car
units. In 2016, the company profile has gone up beating earlier established brands and
made it to the top ten of the highest consumed car brands in the world.
Features of Model 3
1. Build For Safety
Rigid Structure, Impact Protection, and
Low Center of Gravity
Model 3 is the first sedan to achieve a
NHTSA 5-star safety rating in every category
and subcategory
2. Performance
Quickest Acceleration :- from 0 to 60
mph in as little as 3.3 seconds.
Autopilot advanced safety and convenience features are designed to assist you with the
most burdensome parts of driving.
It has 360 Degree Rear, side and forward-facing cameras provide maximum visibility.
It has 160 Degree Forward-facing radar helps in providing a long-range view of
distant objects.
It has 12 Ultrasonic sensors helps In Detects nearby cars, prevents potential collisions
and assists with parking
6. Interior
The inside of Model 3 is unlike any other car. You can use your
smartphone as a key, and access all driver controls in the central 15-
inch touchscreen. The all-glass roof extends from front to back,
creating a sense of openness from every seat.
Countries
India
Russia
Singap
ore
India
India, a country in South East Asia, is the seventh-largest country by geographical area, the second-
most populous country with over 1.25 billion people, and the most populous democracy in the
world. It is bounded by the Indian Ocean to the south, the Arabian Sea to the southwest, and the
Bay of Bengal to the southeast. It shares land borders with Pakistan to the west; Bhutan, the
People's Republic of China, and Nepal to the northeast; and Bangladesh and Myanmar to the east.
India is divided into 29 states and seven union territories, with New Delhi as the capital. The
official languages of India are Hindi and English, and the currency is the Indian rupee (INR).
Culture of India
Festivals Religion
Culture •Holi
•Diwali
•Hinduism
•Islam
•Dushera •Christianity
• Hindu •Raksha bandhan
•Id
•Buddhism
•Jainism
• Muslim •Muharram
•Lohri
•Sikhism
•Other religions
India is the second most populated country in the world with nearly a fifth of
the world's population.
India’s population is 1.3 Billion (approx.)
India has more than 50% of its population below the age of 25 and more than 65%
below the age of 35.
India has majority Population of Hindu’s.
Age Structure
0 - 14 28.60%
15 - 64 63.60%
Indo-Aryan
72%
SOURCE- https://www.worldatlas.com/articles/biggest-ethnic-groups-in-india.html
Languages in India
Buying behavior of Indian consumers
The youth of today are materialistic and not guilty about it.
‘I need it now’ the new anthem
Impulsive and novelty-seeking
Determing the right price is a minefield
Increasing affluence is not all good
https://www.indiatoday.in/education-today/jobs-and-careers/story/8-things-about-
indian-consumers-1083672-2017-11-10
Income & Spending habit of Indians ht
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India's per capita Income was recorded to be INR 1,13,000. It grew at a rate of 8.6% which was slower than the y.
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What do Indians spend their money on? ng
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More than 30% of Indians say they cannot afford vacation/travel. be
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Generation X spends the most money on traveling every year. Almost 25% spends more than ₹1,20,000. vi
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Around half of all Indians spend ₹500 to ₹2,500 on clothes each month. r-
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75% of Indians with a household income of ₹15 lakhs or more spend ₹1,500 or more per month on clothes -
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46% of full-time workers spend over ₹1,500 per month on clothes, for part-time workers this is 18%. di
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21% of Indian women spend more than ₹3,000 per year on new footwear compared to 16% of Indian men. ?_
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1 in 3 Indians in Central India say they can't afford eating out, as opposed to 1 in 10 in West India. =z
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35% of unqualified Indians can't afford to eat out. 10% of Master graduates have the same issues. p1
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16% of Indian women state they spend ₹3,000 or more on a date, while only 14% of men spend the same.
tweet38% of divorced Indians spend over ₹3,000 on a date. Only 10% of single Indians spend this amount.
Tesla Competitors in India
Toyota
Mahindra e- Tata Tiago
Toyota Prius Camry
KUV 100 Electric
Hybrid
Honda
BMW i8 test Accord
Hybrid
Why Not India
India has a large group of middle class families they are not be able
to afford Tesla Model 3 because of its worth.
Upper class people in India will not buy Model 3 because fuel price
will not affect their purchasing power.
Indian citizens are not Environmental Friendly.
Indian People attract toward cheap deals.
Singapore
Singapore
Pertrol
Electronic
Vehicle Powered
Mercedes
A-Class
Nissan Toyata
Leaf BMW Camry
i3
Honda
Accord
Competitors Price Comparison.
Nissan Leaf
Price:- 36700$
BMW i3,
Price:- 48300$
Cost of Getting A Car In Singapore
Registration Fees
Open Market Value (OMV)
Excise Duty
Certificate of Entitlement (COE)
Additional Registration Fee (ARF)
Vehicular Emissions Scheme (VES)
Road Tax
Number Plate fee
Sales commission of dealers
Factors that affects car prices in Singapore
Cars Duty Rates
When importing a vehicle, you have to pay Singapore Customs 7% GST that is calculated based on the
total cost of importing the vehicle. The total cost of importing the vehicle includes the cost of the
vehicle, insurance.
You can import a brand new car directly from the manufacturer or from a country with higher or
equivalent safety and exhaust emission standards as Singapore. You can also import a used car that is
less than 3 years of age, and also classic or vintage cars.
When importing the car, you will have to pay an excise duty to Singapore Customs, calculated based on
20% of the Open Market Value (OMV) of the car.
Example on the calculation of duties payable for cars:
Formula
Duties payable = customs value x excise duty rate
Company A imports a motor car that was bought at S$100,000 on FOB (Free on Board) incoterms. The
overseas freight, handling and insurance charges to ship the car to Singapore costs S$1,000.
Customs value of car = S$101,000
Duties payable = S$101,000 x 20% = S$20,200
Reasons For Not Selecting Singapore
The federation of Russian or Russia is the country which located in the north of
Europe and Asia.
It is the biggest country in the world with 17.1 million km square.
Russia is one of the countries which are really rich in natural resources.
The currency of Russia is Ruble.
According to the development of the economy, Russia is considered as the
strongest growth amongst the developed countries.
https://en.wikipedia.org/wiki/Russia
Culture of Russia
Age Structure
Religious 82%
10% 1%
1%
7%
Orthodox 7%
Muslims 10% 81%
Catholics 1.20%
Buddhists 0.70%
Religious Orthodox Muslims Catholics Buddhists
Language & Literacy Rate in Russia
Source - https://en.portal.santandertrade.com/analyse-markets/russia/reaching-the-
consumers
Where do people spend their income in
Russia
Psychography Segments of Russian Market. Based on
Income Level and Attitude.
1.“Cossacks” Men :-
I.Merchants :- I.Students:-
2.Percentage: Men 10%, Women
II.Percentage: Men 30%, Women 10%. II.Percentage: Men 10%, Women 5%.
45%.
3.Dominant Traits: Ambitious, III.Dominant traits: Passive,Idealistic ,
III.Dominants traits: Reliant, independents, nationalistic, seeks Practical.
Nationalistic, practical, seek value. status. IV.Preferenve: Citroen 2CV car,
IV.Likely Preference: Volkswagan car, 4.Preferences: BMW Cars , Dunhill Marlboro Cigrettes, Local Vodka
Chesterfield cigraettes, Stolichnaya Cigrettes,Reny martin liquor.
liquor
I.Business Executives:-
II.Percentage: Men 20%, Women I.“Russians Souls”:-
10%. II.Percentage: Men 25%, Women
III.Dominant traits: Ambitious, Westen 30%.
Oriented, Busy,Concerned with III.Dominant traits: Passive,Follow
status. others,Fear choices,hopeful.
IV.Preferenve: Mercedes car, IV.Preferenve: Lada car, Marlboro
Winston Cigrettes, Jonnie Walker Cigrettes,Smirnoff liquor.
liquor.
About Russian Car Market
March
Brand 2018 2017% Change
Lada 30708 25110 22
Kia 19096 14614 31
Hyundai 16705 14219 17
Renault 14047 11273 25
Toyota 8914 9709 -8
VW 8631 6953 24
Skoda 6483 4853 34
Nissan 6402 8068 -21
Mitsubishi 5227 1707 206
Ford 5202 4173 25
Reason to Choose Russia
1.Russian charging
infrastructure is expanding.
1.Available technology.
1.State support
towards electric cars.
1.Low cost of
electricity.
SWOT Analysis
• Fully electric car • High prices vs petrol
market pioneer. cars of comparable
• Stylish modern segments
design. • Narrow target buyers
• Innovative vehicle. segments.
• More functional • Unable to travel long
Saftey Weakne distance
Strengths
ss
oppurtu
Threats
• Growing regulatory nities • Conservative buyer
support for clean behaviors.
energy. • Political &
• High prestige in Economical
Russia. Instability.
• Emerging industry • Risk of Decreasing
with no strict of buying power.
standards.
Political, Social, Economical,
Technological Analysis
Economic
Political Economic factor include economic
growth in the alternative energy
One of the major political factor industry and increasing price of fuel
affacting the industry is environment for customers. (In Russia price of
protection laws (including Russian petrol since 2008 increase from 22
Laws) that is highly appreciated Rub/L to 37 Rub in 2015. Therefore
production of more environment cars. the demand of electric cars is higher
then before.
Technological
Social Technology advancement,
People are tend to protect the rapid globalization and internet
environment. Tesla Model 3 is impact have a huge effect on
environment friendly car the automotive industry. Tesla
cars creates Tecnologies.
Tesla Market Potential
2018 Kalashnikov CV – 1.
The powder-blue model is dubbed the CV-1. Kalashnikov said in a
statement on its website that its boxy design is inspired by a Soviet
hatchback car developed in the 1970s.
The company's website said the vehicle can travel 217 miles on a
single charge and can reach 100 kilometers per hour (62 miles per
hour) in six seconds.
Comparison Between Model 3 &
Kalashnikov CV – 1
The Kalashnikov CV-1 is not a modern-looking car instead of its
looks like a 1970s car and boxy design.
The unique three-box design looks a bit odd in today's automotive
world.
The CV-1 also claims to have a 200 mile range on a single charge
which incidentally is also less than the Tesla Model 3.
It can achieve 0-60 mph in 6 seconds while Model 3 takes only 3
seconds.
It doesn’t have Autopilot and All wheel Drive Features and lack of
other modern features.
Tesla in Nearby Market China
Tesla doubled its sales in China in 2017, and Tesla’s all-electric cars are commonly seen on
China’s roads.
Tesla started to enter the Chinese market in 2014 and 2015, but it failed to gain traction early on.
Since 2016, however, its sales in China exceeded $1 billion USD, up threefold from 2015 sales.
The company recently revealed that their sales in China doubled in 2017, surpassing $2 billion.
Tesla has been trying to build more charging stations in China to bring more convenience to car
owners.
Tesla’s three largest fast-charging stations are all located in China.
Tesla also opened retail outlets and service centers in more than 35 cities in China in 2017.
In the near future, Tesla will focus on setup a manufacturing plant in China up to the end of 2019
to avoid high import duties. If the Model 3 can be produced domestically, it will very likely gain
even more consumer interest.
Modes of Entry
As a told you earlier Tesla motors focus on set up a manufacturing plant in china
so we have decided to Import from china.
Target Marketing
1. Test Drive Russia :- In order to help raise brand awareness of the Model 3
and to give drivers an opportunity to test the car, we will launch a test drive
campaign entitled “Test Drive Russia”.
Our main cities where we will launch this campaign Moscow, Saint Petersburg,
Novosibirsk, Yekaterinburg, Nizhny Novgorod.
Each city we will host the event at a local track, giving the opportunity for drivers
to get the full performance experience from the test drive.
2. First 100 Customer will Get 5 Services Absolutely Free.
Communication Strategy
1. Website and Social Media :- The Tesla Motors website will be the main hub of all
announcements and advertisements. We will announce the new car, promote the
campaigns, and give complete details through our website directly. We will also
use our Social Media platforms to make announcements and promote our events
taking place. All ads would be on the homepage of each website, giving it
maximum exposure to those who enter the site through other channels.
2. Media :- Newspapers will be used to reach a certain demographic area that will
increase site traffic. The Moscow Times, Forbes magazine and Motor Trend
magazine will be used.
Marketing Positioning
Tesla Motors brands are viewed as modern and classy, environmentally friendly
and fuel efficient. Tesla Model 3 is a stylish and affordable brand that appeals to
the adventurous nature of teens and young parents in Russia while saving the
money meant for fuel. Model 3 is current and has incorporated technology to give
enticing features and can capitalize on the cheap price to beat Ford and Toyota
models.
Positioning Statement
TESLA is the only STYLISH CAR
that can go FROM 0 TO 100 in 3 SECONDS
without A DROP OF OIL
Positioning Statement