SlideShare ist ein Scribd-Unternehmen logo
1 von 20
Mudra Institute of Communication
Ahmedabad (MICA)
Team Name: SOCH
Name

Course

Email ID

Phone Num

Prerana ID

Satyaprem
Upadhyay

PGPCM

satyaprem10@micamail.in

7878887469

PRER9702

Prasenjit
Karmakar

PGPCM

prasenjit10@micamail.in

8980030712

PRER4808

Ravi Kumar

PGPCM

ravi10@micamail.in

756757

PRER5726
Indian Market is Large and Growing

Indian Market dominated by 2
wheeler segment

•Automobile Aftermarket to Grow at 11% per
annum
•OEM-franchised dealers and unorganized
garage dominate the market

Source: ACMA Report, McKinsey report

Margins may fall in developing
economies
Consumer Trend for Automobile Aftermarket
Service Sector
Independent Garages and Multi
brand dealers must capitalize on
the growing vintage of India’s Car
Owners of older cars migrate to
independent service networks for
faster and cheaper service

Source: Market Analysis, McKinsey Report
Consumer Trend for Automobile Aftermarket
Service Sector

Servicing is among Top 4 criterion while
making vehicle purchase

Source: Market Analysis, McKinsey Report
WEAKNESSES

STRENGTHS

• MAK’s name not reaching some segments

• BPCL Retail Outlets
Association with BPCL as a Brand

• MAK’s ad is more towards automotives

• Relatively low priced but yet Quality
products

• Very lesser number of Ads through media
and other channels and hence lesser visibility

• Strategic location of warehouses

• Lesser promotional schemes as compared to
other companies

• Highly networked

• Less no. of personnel to serve at a territory
level

• SAP Interface for quick transactions
• Many varieties to cater the customer needs
• Discounts to bulk purchasers

• OEM tie-ups are not advertised properly

• High price in certain categories

• Good relations with suppliers

• No frequent feedbacks being taken from the
customers

• Huge and Efficient Supply Chain
Management

• Inconsistent marketing efforts

• Huge number of qualified workforce

OPPORTUNITIES

SWOT

• Several untapped markets
• OEM Tie-ups
• Willingness of the garages to use MAK after a
sample testing

THREATS

• Stiff market competition
• Castrol’s better customer Interface
• Very low brand loyalty of customers
• Large number of players
Porter’s Analysis
Threat of New Entrants
- There is an entry barrier on the new
entrants in terms of high capital investment
required as well the license required for the
same.
- Government policies are not very
conducive for a new player.

Bargaining Power of Suppliers
- Better customer services and diversity of
products would provide suppliers with
some bargaining power. However in a
market with such a tough competition, they
have very limited bargaining power.

Bargaining Power of Customers
- Access to information by customers through media
and other sources gives them some position to take
decisions.
- No switching cost is associated with the lubes.
Customer can easily change a brand.
- Price sensitivity of commercial vehicles is an
important factor.

Threat of Substitute
Products
- No switching cost from one
brand to another always
persists a constant threat of
substitution from another
brand.
- Multiple products available in
the market with similar quality
and at even lower price

Competitive Rivalry
within the industry

- Multiple companies and
products in the market
PEST Analysis of BPCL
Political & Legal Analysis
• In India oil industry is governed by OIL Ministry and OIDB a Govt
body - responsible for decision related to price, quality specification.
• International politics affects Oil and its prices.
• Norms specified by Govt have to be abide by all Oil companies
Economic Analysis:
• The use of GDP based on purchasing power parity in the calculation
of oil intensity is also validated by the fact that the figures on oil
consumption are measured in terms of volumes of input while the
GDP estimated on the market exchange rate gives only the value of
output and not the actual volumes.
• It is only the GDP estimated on a purchasing power parity basis
which gives some indicator so the volume of output which should
form the basis of cross country comparisons of output and
estimation of oil intensity therein.
PEST Analysis of BPCL contd..
Social Cultural Analysis
• India is basically can be divided into four major regions on the basis of
language, demography and also the income states. These are the south,
north, east and west.
• BPCL as a company also operates differently in different regions and also
use different languages to attract people towards them. This is also, a
reason for which the company have t refineries in every region.
• The company BPCL is very much concern about the environmental polices
of it and also very strictly follow every small norms of it. The mission of the
company is very clear; “To develop techno-economically viable and
environment-friendly products”.
Technological
• BPCL has been on forefront in harnessing technology. Maximising efficiency
and achieving greater customer satisfaction. Bharat Petroleum is the first
Public Sector Oil Company to implement Enterprise wide Resource Planning
(ERP) solutions - SAP.
PEST Analysis of BPCL contd..
Technological Cont...
• Bharat Petroleum is reaping the benefits of the integrated system in many
areas of its operations. The early gains of implementation are in the areas
of tracking customer-receivables, monitoring credit-management,
inventory management, besides easing the operations in a large number of
areas.
• Furthermore, Bharat Petroleum has also set up one of the biggest 'Centres
of Excellence' in Asia to provide online support to the end users and also
work towards continuous improvement in business processes and handle
product upgrades and new generation products.
BPCL Proposed Business Model: Mechanic
Infrastructure
Core
Capabilities

Partner
Network
• OEMs
• Distributors
• Ancillary
Product
Vendors

• ToolKit
• Infrastructure
Assistance
• Technical KnowHow Expertise

Value Configuration
• ‘MAK Best Mechanic Awards’
– based on Sales
Performance
• MAK festive offers and gift
hampers

Customer

Relationship
• Birthday/Anniversary
gifts for family
• ‘MAK Man’ –Best
Annual Sales
Performance

Target Customer

• Mechanic for 2
wheelers, 4
wheelers and
CVs

Offer

Distribution
Channel
• Cross Docking Model –
FLTs used for retail
outlet stock refilling to
be used for cross
docking with FLTs used
by distributors for
mechanics

Value Proposition

• Training and Expertise on
New technology
• Call Center Service/SMS
based assistance Service
• Distributor assisted Stock
Replenishment Service
• Higher margin on Stock
Sales

Finance
Cost Structure
• Infrastructure Cost
• Training
• Call Center Setup/Operation Cost
• Distribution Cost
• Marketing Cost

Revenue Stream
• Lube Sales
• Cross Selling and Up selling of Other MAK
products
BPCL Proposed Business Model: Garage
Core
Capabilities
• ToolKit
• Infrastructure
Assistance –
Electrical lifts,
Water Coolers

Infrastructure
Partner Network
• OEMs
• Distributors
• Suppliers
• Ancillary Product
Vendors

Value Configuration
• ‘MAK Star rating service’ – MAK will audit and
rate different service centers on various quality
parameters. This will add credibility to the Garage
• ‘MAK Billing Facility’ – each transaction generates
a bill having MAK Garage/Retail Outlet and will
attract discount on further purchase at these
centers

Customer
Relationship
•MAK sponsored
merchandise for service
center staffs
•Festive Gift Hampers,
Merchandise for Staff
•‘Best Staff Award’

Target Customer
•Garage – Tier A, Tier B, Tier
C Garage
•Classification based on
traffic, infrastructure, staff
quality

Value Proposition

Offer
Distribution Channel
•Distributor managed Stock
Delivery

• Training and Expertise on
New technology
• Call Center Service/SMS
based assistance Service
• Distributor assisted Stock
Replenishment Service
• Higher margin on Stock Sales

Finance
Cost Structure
• Infrastructure Assistance Cost
• Training
• Call Center Setup/Operation Cost
• Distribution Cost
• Marketing Cost

Revenue Stream
• Lube Sales
• Cross Selling and Up selling of Other MAK
products
Short Term Tactical Measures:
Strengthening BPCL Lubes Market Presence

Customer

• Short Term- market research to get insights, customer feedback
system, loyalty points accrued on every purchase, MAK card
facility for transactions, MAK online contests, MAK Auto Fest
showcasing different MAK products , MAK emergency mobile
service for customers, MAK limited period pick and drop servicing
facility for corporate vehicle owners (peak season-before rainy
season), Campaign promoting discount offers : ‘Give your engine
MAK life’, Sponsoring ’Go carting event’, MAK Adventure trip for
bike enthusiasts to exotic terrains, Creating Online community of
MAK and members enjoying added benefits of offers and
discounts.
• Long Term - ‘MAK Auto Library’ consisting of big plasma screens
installed at retail outlets showcasing different and contemporary
car and bike variants – enticing customers to come to get
informations and consultancy on different purchasing aspect etc.
MAK billing system (billing receipt to generate list of nearby MAK
garages, MAK retail outlets in nearest location , MAK Auto
consultancy, MAK auto health check campaign , MAK Oil change
reminders and discount initiatives, MAK Bike salon
Short Term Tactical Measures:
Strengthening BPCL Lubes Market Presence contd..

Mechanic

• Short term: Sales margin increment, MAK Tool
kit, Staff Service Uniforms.
• Long term: MAK Training schools (Free training
for your technicians! Enhance your team's
understanding of MAK lubricants to drive trade
up, increase ticket average and improve your
profits), Mobile MAK Vans, Cross decking
supply chain for efficient delivery of lubes,
Online new Where-to-Buy tool - quick, easy
way to find MAK distributors, retailers and
service centers in your area.
Short Term Tactical Measures:
Strengthening BPCL Lubes Market Presence contd..

Garage / Service
Station Owners

• Short term - Infrastructure help
(water cooler, tool kits, shafts, quality
testing, amenities, best performance
in terms of volume sales
• Long term- top tier garage to be
encouraged in to franchisee, MAK will
audit and award quality MAK stars to
garages that will increase credibility
Short Term Tactical Measures:
Strengthening BPCL Lubes Market Presence contd..

OEMs

• Short term- Tie-ups with manufacturers
to provided certain stipulated years of
lubes services for free/discounted rates,
Tie-ups with showrooms to organise auto
exhibitions at BPCL retail outlets.
• Long term- Tie-ups with OEMs and
providing free MAK refilling coupons at
the time of vehicle purchase, customized
solutions for automakers in India
MAK’s to Venture into Service Vertical?
Yes,
MAK should enter Services Retail because in the existing competitive
environment, this shall create engagement touch points with the
customers, help them bring closer to the brand and then entice them use
MAK products. Also this shall help create sources of revenue and strengthen
the company’s balance sheet.

BPCL entering into Service Tie ups: Increasing or
Devaluing the Brand MAK
• Entering into Service Tie ups will increase the value of Brand MAK because
of following reasons:
– Products and Services are no longer consumed in Isolation
– People looking for One Stop Solution
– Makes sense economically
– Services occupying a greater portion of the consumption pie
Service Initiative: A separate revenue
stream for BPCL in near future
• Yes,

•
•
•
•

As these services such as automotive consultancy, automotive
comprehensive solutions, and auto maintenance and servicing have
great potential to generate recurring revenues.
Once the engagement models help bring customers close to the
brand, more monetary transaction can be established as with :
Rising economy,
Younger populace,
Competitive automotive market
Rising aspirations
the consumption is bound to rise many folds.
The need is to provide one stop automotive solutions with the trust
of quality and value and hence venturing in to services is all the more
important.
Will these initiatives create any channel conflict - Inter
(between Retail & Bazaar) / Intra (mechanics, service
stations & MAK branded service stations) channels ?
The initiatives shall not create any channel conflict - Inter
(between Retail & Bazaar) / Intra (mechanics, service stations
& MAK branded service stations) channels as each of the
segment will have its own value proposition and positioning in
the customer’s mind.
It is all about providing different avenues of products and
services catering to different
needs, suitability, affordability, convenience of location etc. The
availability of different channels shall create Synergy and create
more traffic in total and push the overall sales.
Thank You…

Weitere ähnliche Inhalte

Was ist angesagt?

Market Research Report : Reverse logistics market in india 2015 - Sample
Market Research Report : Reverse logistics market in india 2015 - SampleMarket Research Report : Reverse logistics market in india 2015 - Sample
Market Research Report : Reverse logistics market in india 2015 - Sample
Netscribes, Inc.
 
Porter five forces model
Porter five forces modelPorter five forces model
Porter five forces model
videoaakash15
 

Was ist angesagt? (13)

Automotive Supply Chain Management-A2Z by Rahul Guhathakurta
Automotive Supply Chain Management-A2Z by Rahul GuhathakurtaAutomotive Supply Chain Management-A2Z by Rahul Guhathakurta
Automotive Supply Chain Management-A2Z by Rahul Guhathakurta
 
Market Research Report : Reverse logistics market in india 2015 - Sample
Market Research Report : Reverse logistics market in india 2015 - SampleMarket Research Report : Reverse logistics market in india 2015 - Sample
Market Research Report : Reverse logistics market in india 2015 - Sample
 
P Pt.Retail Mgt.
P Pt.Retail Mgt.P Pt.Retail Mgt.
P Pt.Retail Mgt.
 
Intra City Freight Transportation
Intra City Freight TransportationIntra City Freight Transportation
Intra City Freight Transportation
 
MRO E-Commerce
MRO E-CommerceMRO E-Commerce
MRO E-Commerce
 
Business policy & Strategic management: SWOT,ETOP,PESTLE,PORTER's FIVE MODEL ...
Business policy & Strategic management: SWOT,ETOP,PESTLE,PORTER's FIVE MODEL ...Business policy & Strategic management: SWOT,ETOP,PESTLE,PORTER's FIVE MODEL ...
Business policy & Strategic management: SWOT,ETOP,PESTLE,PORTER's FIVE MODEL ...
 
Hems
HemsHems
Hems
 
Porters five force strategy for Banking Industry
Porters five force strategy for Banking IndustryPorters five force strategy for Banking Industry
Porters five force strategy for Banking Industry
 
Telecom market research
Telecom market researchTelecom market research
Telecom market research
 
Toyota SCM
Toyota SCMToyota SCM
Toyota SCM
 
The competitive advantage
The competitive advantageThe competitive advantage
The competitive advantage
 
Porter five forces model
Porter five forces modelPorter five forces model
Porter five forces model
 
Supply Chain Management of TOYOTA.......case study by sabio bernard.
Supply Chain Management of TOYOTA.......case study by sabio bernard.Supply Chain Management of TOYOTA.......case study by sabio bernard.
Supply Chain Management of TOYOTA.......case study by sabio bernard.
 

Ähnlich wie Launch pad mica ahmedabad soch

MARKETING & BUSINESS PLAN PRESENTATION.pptx
MARKETING & BUSINESS PLAN PRESENTATION.pptxMARKETING & BUSINESS PLAN PRESENTATION.pptx
MARKETING & BUSINESS PLAN PRESENTATION.pptx
Pankaj Rajput
 
Supply Chain & Logistics Basics: The Automotive Supply Chain
Supply Chain & Logistics Basics:  The Automotive Supply ChainSupply Chain & Logistics Basics:  The Automotive Supply Chain
Supply Chain & Logistics Basics: The Automotive Supply Chain
Angela Carver
 

Ähnlich wie Launch pad mica ahmedabad soch (20)

Aftermarket Automotive Brand Strategies 2013 by Rahul Guhathakurta
Aftermarket Automotive Brand Strategies 2013 by Rahul GuhathakurtaAftermarket Automotive Brand Strategies 2013 by Rahul Guhathakurta
Aftermarket Automotive Brand Strategies 2013 by Rahul Guhathakurta
 
Car Wash Start-up – Marketing Strategy
Car Wash Start-up – Marketing StrategyCar Wash Start-up – Marketing Strategy
Car Wash Start-up – Marketing Strategy
 
Automotive Aftersales - New Agression
Automotive Aftersales - New AgressionAutomotive Aftersales - New Agression
Automotive Aftersales - New Agression
 
auto_brochure
auto_brochureauto_brochure
auto_brochure
 
final ppt.pptx
final ppt.pptxfinal ppt.pptx
final ppt.pptx
 
ERP - Automative Industry
ERP - Automative IndustryERP - Automative Industry
ERP - Automative Industry
 
Operation level strategy- Maruti Suzuki
Operation level strategy- Maruti Suzuki Operation level strategy- Maruti Suzuki
Operation level strategy- Maruti Suzuki
 
Lamda cars
Lamda carsLamda cars
Lamda cars
 
INDUSTRY ANALYSIS USING PORTER’S FIVE-FORCES FRAMEWORK
INDUSTRY ANALYSIS USING PORTER’S FIVE-FORCES FRAMEWORKINDUSTRY ANALYSIS USING PORTER’S FIVE-FORCES FRAMEWORK
INDUSTRY ANALYSIS USING PORTER’S FIVE-FORCES FRAMEWORK
 
Yamaha pestle and swot
Yamaha pestle and swotYamaha pestle and swot
Yamaha pestle and swot
 
Final Report - MM.pdf
Final Report - MM.pdfFinal Report - MM.pdf
Final Report - MM.pdf
 
EpiCenter Pitch
EpiCenter PitchEpiCenter Pitch
EpiCenter Pitch
 
B plan
B planB plan
B plan
 
MARKETING & BUSINESS PLAN PRESENTATION.pptx
MARKETING & BUSINESS PLAN PRESENTATION.pptxMARKETING & BUSINESS PLAN PRESENTATION.pptx
MARKETING & BUSINESS PLAN PRESENTATION.pptx
 
Market Analysis of Consumer Durables(Automobile Industry)
Market Analysis of Consumer Durables(Automobile Industry)Market Analysis of Consumer Durables(Automobile Industry)
Market Analysis of Consumer Durables(Automobile Industry)
 
Supply Chain & Logistics Basics: The Automotive Supply Chain
Supply Chain & Logistics Basics:  The Automotive Supply ChainSupply Chain & Logistics Basics:  The Automotive Supply Chain
Supply Chain & Logistics Basics: The Automotive Supply Chain
 
Pricing the future automotive retail market: connectivity
Pricing the future automotive retail market: connectivityPricing the future automotive retail market: connectivity
Pricing the future automotive retail market: connectivity
 
Investment valuation
Investment valuationInvestment valuation
Investment valuation
 
Marketing plans for a new android app.
Marketing plans for a new android app.Marketing plans for a new android app.
Marketing plans for a new android app.
 
Go to market strategy (gtm) for get my parking app
Go to market strategy (gtm) for get my parking appGo to market strategy (gtm) for get my parking app
Go to market strategy (gtm) for get my parking app
 

Kürzlich hochgeladen

Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
amitlee9823
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
lizamodels9
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
amitlee9823
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
daisycvs
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
Matteo Carbone
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
dlhescort
 
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Sheetaleventcompany
 

Kürzlich hochgeladen (20)

Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
 
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
 
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League City
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Century
 
Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
 
Phases of negotiation .pptx
 Phases of negotiation .pptx Phases of negotiation .pptx
Phases of negotiation .pptx
 
Falcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in indiaFalcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in india
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
 
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLBAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
 
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
 

Launch pad mica ahmedabad soch

  • 1. Mudra Institute of Communication Ahmedabad (MICA) Team Name: SOCH Name Course Email ID Phone Num Prerana ID Satyaprem Upadhyay PGPCM satyaprem10@micamail.in 7878887469 PRER9702 Prasenjit Karmakar PGPCM prasenjit10@micamail.in 8980030712 PRER4808 Ravi Kumar PGPCM ravi10@micamail.in 756757 PRER5726
  • 2. Indian Market is Large and Growing Indian Market dominated by 2 wheeler segment •Automobile Aftermarket to Grow at 11% per annum •OEM-franchised dealers and unorganized garage dominate the market Source: ACMA Report, McKinsey report Margins may fall in developing economies
  • 3. Consumer Trend for Automobile Aftermarket Service Sector Independent Garages and Multi brand dealers must capitalize on the growing vintage of India’s Car Owners of older cars migrate to independent service networks for faster and cheaper service Source: Market Analysis, McKinsey Report
  • 4. Consumer Trend for Automobile Aftermarket Service Sector Servicing is among Top 4 criterion while making vehicle purchase Source: Market Analysis, McKinsey Report
  • 5. WEAKNESSES STRENGTHS • MAK’s name not reaching some segments • BPCL Retail Outlets Association with BPCL as a Brand • MAK’s ad is more towards automotives • Relatively low priced but yet Quality products • Very lesser number of Ads through media and other channels and hence lesser visibility • Strategic location of warehouses • Lesser promotional schemes as compared to other companies • Highly networked • Less no. of personnel to serve at a territory level • SAP Interface for quick transactions • Many varieties to cater the customer needs • Discounts to bulk purchasers • OEM tie-ups are not advertised properly • High price in certain categories • Good relations with suppliers • No frequent feedbacks being taken from the customers • Huge and Efficient Supply Chain Management • Inconsistent marketing efforts • Huge number of qualified workforce OPPORTUNITIES SWOT • Several untapped markets • OEM Tie-ups • Willingness of the garages to use MAK after a sample testing THREATS • Stiff market competition • Castrol’s better customer Interface • Very low brand loyalty of customers • Large number of players
  • 6. Porter’s Analysis Threat of New Entrants - There is an entry barrier on the new entrants in terms of high capital investment required as well the license required for the same. - Government policies are not very conducive for a new player. Bargaining Power of Suppliers - Better customer services and diversity of products would provide suppliers with some bargaining power. However in a market with such a tough competition, they have very limited bargaining power. Bargaining Power of Customers - Access to information by customers through media and other sources gives them some position to take decisions. - No switching cost is associated with the lubes. Customer can easily change a brand. - Price sensitivity of commercial vehicles is an important factor. Threat of Substitute Products - No switching cost from one brand to another always persists a constant threat of substitution from another brand. - Multiple products available in the market with similar quality and at even lower price Competitive Rivalry within the industry - Multiple companies and products in the market
  • 7. PEST Analysis of BPCL Political & Legal Analysis • In India oil industry is governed by OIL Ministry and OIDB a Govt body - responsible for decision related to price, quality specification. • International politics affects Oil and its prices. • Norms specified by Govt have to be abide by all Oil companies Economic Analysis: • The use of GDP based on purchasing power parity in the calculation of oil intensity is also validated by the fact that the figures on oil consumption are measured in terms of volumes of input while the GDP estimated on the market exchange rate gives only the value of output and not the actual volumes. • It is only the GDP estimated on a purchasing power parity basis which gives some indicator so the volume of output which should form the basis of cross country comparisons of output and estimation of oil intensity therein.
  • 8. PEST Analysis of BPCL contd.. Social Cultural Analysis • India is basically can be divided into four major regions on the basis of language, demography and also the income states. These are the south, north, east and west. • BPCL as a company also operates differently in different regions and also use different languages to attract people towards them. This is also, a reason for which the company have t refineries in every region. • The company BPCL is very much concern about the environmental polices of it and also very strictly follow every small norms of it. The mission of the company is very clear; “To develop techno-economically viable and environment-friendly products”. Technological • BPCL has been on forefront in harnessing technology. Maximising efficiency and achieving greater customer satisfaction. Bharat Petroleum is the first Public Sector Oil Company to implement Enterprise wide Resource Planning (ERP) solutions - SAP.
  • 9. PEST Analysis of BPCL contd.. Technological Cont... • Bharat Petroleum is reaping the benefits of the integrated system in many areas of its operations. The early gains of implementation are in the areas of tracking customer-receivables, monitoring credit-management, inventory management, besides easing the operations in a large number of areas. • Furthermore, Bharat Petroleum has also set up one of the biggest 'Centres of Excellence' in Asia to provide online support to the end users and also work towards continuous improvement in business processes and handle product upgrades and new generation products.
  • 10. BPCL Proposed Business Model: Mechanic Infrastructure Core Capabilities Partner Network • OEMs • Distributors • Ancillary Product Vendors • ToolKit • Infrastructure Assistance • Technical KnowHow Expertise Value Configuration • ‘MAK Best Mechanic Awards’ – based on Sales Performance • MAK festive offers and gift hampers Customer Relationship • Birthday/Anniversary gifts for family • ‘MAK Man’ –Best Annual Sales Performance Target Customer • Mechanic for 2 wheelers, 4 wheelers and CVs Offer Distribution Channel • Cross Docking Model – FLTs used for retail outlet stock refilling to be used for cross docking with FLTs used by distributors for mechanics Value Proposition • Training and Expertise on New technology • Call Center Service/SMS based assistance Service • Distributor assisted Stock Replenishment Service • Higher margin on Stock Sales Finance Cost Structure • Infrastructure Cost • Training • Call Center Setup/Operation Cost • Distribution Cost • Marketing Cost Revenue Stream • Lube Sales • Cross Selling and Up selling of Other MAK products
  • 11. BPCL Proposed Business Model: Garage Core Capabilities • ToolKit • Infrastructure Assistance – Electrical lifts, Water Coolers Infrastructure Partner Network • OEMs • Distributors • Suppliers • Ancillary Product Vendors Value Configuration • ‘MAK Star rating service’ – MAK will audit and rate different service centers on various quality parameters. This will add credibility to the Garage • ‘MAK Billing Facility’ – each transaction generates a bill having MAK Garage/Retail Outlet and will attract discount on further purchase at these centers Customer Relationship •MAK sponsored merchandise for service center staffs •Festive Gift Hampers, Merchandise for Staff •‘Best Staff Award’ Target Customer •Garage – Tier A, Tier B, Tier C Garage •Classification based on traffic, infrastructure, staff quality Value Proposition Offer Distribution Channel •Distributor managed Stock Delivery • Training and Expertise on New technology • Call Center Service/SMS based assistance Service • Distributor assisted Stock Replenishment Service • Higher margin on Stock Sales Finance Cost Structure • Infrastructure Assistance Cost • Training • Call Center Setup/Operation Cost • Distribution Cost • Marketing Cost Revenue Stream • Lube Sales • Cross Selling and Up selling of Other MAK products
  • 12. Short Term Tactical Measures: Strengthening BPCL Lubes Market Presence Customer • Short Term- market research to get insights, customer feedback system, loyalty points accrued on every purchase, MAK card facility for transactions, MAK online contests, MAK Auto Fest showcasing different MAK products , MAK emergency mobile service for customers, MAK limited period pick and drop servicing facility for corporate vehicle owners (peak season-before rainy season), Campaign promoting discount offers : ‘Give your engine MAK life’, Sponsoring ’Go carting event’, MAK Adventure trip for bike enthusiasts to exotic terrains, Creating Online community of MAK and members enjoying added benefits of offers and discounts. • Long Term - ‘MAK Auto Library’ consisting of big plasma screens installed at retail outlets showcasing different and contemporary car and bike variants – enticing customers to come to get informations and consultancy on different purchasing aspect etc. MAK billing system (billing receipt to generate list of nearby MAK garages, MAK retail outlets in nearest location , MAK Auto consultancy, MAK auto health check campaign , MAK Oil change reminders and discount initiatives, MAK Bike salon
  • 13. Short Term Tactical Measures: Strengthening BPCL Lubes Market Presence contd.. Mechanic • Short term: Sales margin increment, MAK Tool kit, Staff Service Uniforms. • Long term: MAK Training schools (Free training for your technicians! Enhance your team's understanding of MAK lubricants to drive trade up, increase ticket average and improve your profits), Mobile MAK Vans, Cross decking supply chain for efficient delivery of lubes, Online new Where-to-Buy tool - quick, easy way to find MAK distributors, retailers and service centers in your area.
  • 14. Short Term Tactical Measures: Strengthening BPCL Lubes Market Presence contd.. Garage / Service Station Owners • Short term - Infrastructure help (water cooler, tool kits, shafts, quality testing, amenities, best performance in terms of volume sales • Long term- top tier garage to be encouraged in to franchisee, MAK will audit and award quality MAK stars to garages that will increase credibility
  • 15. Short Term Tactical Measures: Strengthening BPCL Lubes Market Presence contd.. OEMs • Short term- Tie-ups with manufacturers to provided certain stipulated years of lubes services for free/discounted rates, Tie-ups with showrooms to organise auto exhibitions at BPCL retail outlets. • Long term- Tie-ups with OEMs and providing free MAK refilling coupons at the time of vehicle purchase, customized solutions for automakers in India
  • 16. MAK’s to Venture into Service Vertical? Yes, MAK should enter Services Retail because in the existing competitive environment, this shall create engagement touch points with the customers, help them bring closer to the brand and then entice them use MAK products. Also this shall help create sources of revenue and strengthen the company’s balance sheet. BPCL entering into Service Tie ups: Increasing or Devaluing the Brand MAK • Entering into Service Tie ups will increase the value of Brand MAK because of following reasons: – Products and Services are no longer consumed in Isolation – People looking for One Stop Solution – Makes sense economically – Services occupying a greater portion of the consumption pie
  • 17. Service Initiative: A separate revenue stream for BPCL in near future • Yes, • • • • As these services such as automotive consultancy, automotive comprehensive solutions, and auto maintenance and servicing have great potential to generate recurring revenues. Once the engagement models help bring customers close to the brand, more monetary transaction can be established as with : Rising economy, Younger populace, Competitive automotive market Rising aspirations the consumption is bound to rise many folds. The need is to provide one stop automotive solutions with the trust of quality and value and hence venturing in to services is all the more important.
  • 18. Will these initiatives create any channel conflict - Inter (between Retail & Bazaar) / Intra (mechanics, service stations & MAK branded service stations) channels ? The initiatives shall not create any channel conflict - Inter (between Retail & Bazaar) / Intra (mechanics, service stations & MAK branded service stations) channels as each of the segment will have its own value proposition and positioning in the customer’s mind. It is all about providing different avenues of products and services catering to different needs, suitability, affordability, convenience of location etc. The availability of different channels shall create Synergy and create more traffic in total and push the overall sales.
  • 19.