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Maruti New Variant Makes Good
Maruti
Udyog Limited, car market leader, announced the launch of its latest
variant, Alto LXi. It comes equipped with Maruti's superior Electronic
Power Steering while offering all the features of the Alto LX. Priced
aggressively at Rs. 3.19 lakh (ex showroom, Delhi), the Alto LXi will
appeal to a wide range of customers, including first-time car buyers and
existing owners of Maruti 800. Currently, the minimum price for a car
with power steering in the domestic market is Rs. 3.4 lakh (ex showroom,
Delhi). "Our research shows that customers want power steering in their
cars because it makes the car easy to drive, easy to turn, easy to park
and easy to manoeuvre in city traffic. But many customers are deterred
by the high price they have to pay for cars with power steering", said a
Maruti spokesperson. "The Alto LXi now brings power steering within the
reach of first time car buyers and existing owners of Maruti 800", the
spokesperson said.
Power steering has emerged as the most popular
feature after air-conditioning among owners of small cars. An estimated
30 per cent of cars currently sold in the B and C segments have power
steering. Launched in September 2000, the Alto made an impressive entry
into the Indian market by selling 3,000 units in three days flat. The
cumulative sales of the Alto have already crossed 50,000 units in the
domestic market.
Amul Ice Cream to
Focus on Take-Away Segment
As Amul hits more metros with its
ice creams this summer, ad agency FCB Ulka, through its campaigns based
on its `Ice-Cream Mood' survey, is helping the brand gain acceptance in
new markets with a focus on the take-away home segment. According to the
`Ice Cream Mood' survey, Amul is perceived as being superior on
creaminess, taste and price, while Kwality Walls scored higher on
variety and range. Another finding is that Kwality Walls is perceived to
be a premium product with a more contemporary image than Amul, and is
preferred by youngsters—especially Kwality's Cornetto and Feast—while
Amul is considered to be a family brand offering a better price. Based
on the findings of this study, the agency decided to launch the ‘Flavour
of the Month’ campaign highlighting the distinct flavours on offer.
Thus, during the summer, Amul is showcasing its various ‘exotic’
flavours such as black currant, anjir, rajbhoj, cheese and almond,
cappucino, dates and honey, fresh litchi, kulfi and so on. Other
behavioural insights from the Ice Cream Mood study reveal that an ice
cream is not just a product but also an experience for the Indian
consumer. According to the study, in mature ice-cream markets, the
take-home segment accounts for more than 70 per cent of all ice-cream
consumption while in India, the take-home segment contributes a mere 20
per cent of the market. This is due to the overbearing social context
and price factor association with ice cream consumption in India.
Another finding was that even in the most affluent cities, eating ice
cream at home is confined to a few occasions and is, therefore,
restricted to the three regular flavours—vanilla, chocolate and
butterscotch. In fact, vanilla accounted for nearly 40 per cent of all
flavours. This resulted in the market being limited to regular flavours,
thus restricting ice cream consumption to an occasional experience.
According to company sources, the idea behind the ‘Flavour of the Month’
campaign is to increase the perceived occasions for consumption of ice
cream at home. At present, the take-home segment in India is pegged at
40 per cent of the Rs. 500 crore organised ice cream market, while the
impulse category continues to dominate at 60 per cent of the market. The
agency will also be continuing with the brand's ‘Real Milk, Real Ice
Cream' baseline. According to the retail audit conducted by ORG-Marg for
Mumbai city, this February, Amul recorded a 38 per cent volume share,
surpassing Kwality Walls at 34.5 per cent. Last February, Kwality Walls
had a 39.6 per cent volume share while Amul had a 33.5 per cent volume
share in the Mumbai market. |