Fiat seeks to up market share from 1% on back of new campaign
Fiat Group Motors, now a 100 per cent subsidiary of the Italian SPA
post its transition announcement from Tata Motors, has launched a new
integrated brand reassurance marketing campaign, designed as a
communication tool to tell its consumer database about its new
initiatives, dealerships, post sales service and more importantly,
deliver the brand experience that was missing with the joint venture
with Tata Motors.
This is also an initiative by the brand to make up for lost brand
equity and sales due to the split and re-establish itself in the Indian
market.
“It is a very exciting time to be back in India where the consumer is younger and more ambitious,” added Basavanhalli.
The brand has also re-engineered its approach and consolidated its
network relationships, with a three-focussed approach on brand, product
and distribution. Fiat India has 51 exclusive points of sales
(dealerships) and plans to double its footprint by the end of the
financial year.
With the establishment of FGAIPL, an independent dealership network and state-of-the-art workshop dedicated to serving FIAT vehicles in prime locations across major cities in India, Fiat’s wheels are in swift motion to capture significant market share in one of the fastest growing markets in the world.
With the establishment of FGAIPL, an independent dealership network and state-of-the-art workshop dedicated to serving FIAT vehicles in prime locations across major cities in India, Fiat’s wheels are in swift motion to capture significant market share in one of the fastest growing markets in the world.
The brand has taken a big bang approach for its comeback of sorts with
its ‘Make the move’ campaign. To make its presence felt, it is using IPL
as a media vehicle, hoping to grab eyeballs of cricket fans on
television. Maxus India is responsible for the media presence of the
brand, whereas Ogilvy India has conceptualised and executed the
campaign.
The genesis of the campaign is based on urging the consumers to make the move, follow their heart and realise their long pending dreams.
The brand’s existing offerings Linea and Punto contend with Honda, Skoda and Hyundai – all of which have the advantage of a consistent connect with the consumer through new product offerings and brand initiatives.
Television has been allocated around 60 per cent of the spends, the TVC being the face of the campaign, followed by 20 – 25 per cent to print, which supports the TVC and 15 – 20 per cent of the brand’s spends are allocated to the digital medium, which is a growing focus area for the brand. It has also revamped its website to increase consumer engagement and interface.
The brand has also opened Fiat cafes which it positions as ‘Cafés with
cars on the menu’ in collaboration with coffee retail giant, Lavazza, as
its retail partner in Pune and Delhi. These cafes aim to showcase the
brand’s offerings in an informal atmosphere combined with Lavazza’s
offerings of pasta and coffee.
This is, however, not the first time an automobile player has ventured
into the gourmet arena to enhance brand experience; BMW conducts similar
food and wine tastings and invites the consumer base to experience its
latest offering. More recently, Mercedes also conducted similar
initiatives.
The brand currently has a market share of 1 per cent and has seen a quadrupling of sales in some pockets of the country. With 51 touch-points of exclusive dealers, 360-degree marketing campaign, focus on service and expansion of exclusive dealer networks in metros followed by tier II and III cities, the brand aims to increase its market share.
The question still remains: Is Fiat India making the right move to reconnect with consumers, catch up with completion in a fiercely competent automobile market in India and repair its brand image? Will this campaign aid the brand in rebuilding its equity after being meted out the step child treatment by Tata Motors? Only time will tell.
The brand currently has a market share of 1 per cent and has seen a quadrupling of sales in some pockets of the country. With 51 touch-points of exclusive dealers, 360-degree marketing campaign, focus on service and expansion of exclusive dealer networks in metros followed by tier II and III cities, the brand aims to increase its market share.
The question still remains: Is Fiat India making the right move to reconnect with consumers, catch up with completion in a fiercely competent automobile market in India and repair its brand image? Will this campaign aid the brand in rebuilding its equity after being meted out the step child treatment by Tata Motors? Only time will tell.
ALOK KUMAR
PGDM II SEM
No comments:
Post a Comment