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Final Nano
Final Nano
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Though the one lakh price tag is not fixed by
TATA group, it was the word of mouth of
people which fixed that range. This
expectation of people creates a big challenge
for the company. To accept this challenge
the following strategies are followed:-
Target costing method
Penetration pricing
Low pricing policy with minimum profit
margin.
mm
ã masic Tata Nano Std priced at
1,23,000Rupees (1700 Euros).
The game by
å was a
great move to
spread word
about the car.
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· Racebook
· mlog
· Orkut
· YouTube
O O
a Tata partnered with a few banks for releasing
application forms.
ë People can find Nano
merchandise, application forms and demo cars in Tata
Indicom, Titan, Croma and Westside stores. Tata Indicom is
also offering a money-back offer with every application form.
Ô Tata didn't invest heavily into TV commercials.
Instead of anchors saying µwe¶ll be back after a short break¶ on TV
channels, now they¶re saying, µWe¶ll be back after a O break.¶
!!
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· The grand launching ceremony
of Tata Nano was covered by all
kind of media personal.
personal. It was a
front page headline in many
leading newspapers.
newspapers.
· International motor show at
Geneva where Mr.Mr. Tata shows
the Nano in front of international
media..
media
· musiness tycoon like Mr.
Mr. Tata
when delivered the first Nano to
a comman person, itself it makes
a big news.
news.
!
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So far we know TATA, it¶s business has
been extended to the overseas i.e. to the
Europe, Africa, U.S & Australia.
Hence it has n-number of showrooms in
India & outside of India.
The exclusive showrooms are the best
distribution channels for TATA itself.
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rural and urban
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family size & income.
m benefit & user status.
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Executive two wheeler segment,
second hand car user, auto rickshaw market, middle
and lower income group people.
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TATA intending to place in the mind
of the consumers as a people¶s car.
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