N
SHAILESH. P
SHINOJ
V. ARUN
VADIRAJ
VISHAKH
VASUDEVAN
HISTORY
o 1891
R W Smith and Albert Eadie took over the
Townsend cycle co. of Enfield Road in
Redditch, UK, and formed Enfield
Manufacturing Co. ltd.
o 1901
The first Royal Enfield motor cycle is
produced.
o 1932
The legendary Bullet motor cycle is born.
o 1939
Royal Enfield produced large quantities of
motor cycles and bicycles during World War
II, including well known flying flea.
o 1949
Royal Enfield motorcycles were being sold
by Madras Motors of K R Sundaram Iyer.
HISTORY
o 1955
The Redditch Co. partner Madras Motors in India
to form Enfield India.
o 1956
The Tiruvottiyur factory opens and Bullet begin
to be manufactured under license.
o 1970
The Enfield cycle company in the UK goes out of
Business, production in India continues without
interruption.
o 1977
Enfield India begin to export 350cc Bullets to the
UK.
o 1994
The Eicher Group acquires Enfield India ltd. The
co. name changes to Royal Enfield Motors ltd.
o Ride Continues
STP ANALYSIS
OF
SEGMENTATION
Middle and upper middle class
people who want a bike that is
stylish and powerful.
Segmentation is mainly based on
gender and income.
Earlier the segmentation was also
based on age (mostly middle aged
men and above).
TARGETING
The target market of Royal Enfield is mainly
men aged 20 and above.
POSITIONING
THE 4 PS OF
MARKETING
PRODUCTS
CRUISE
R
RETRO
STREET
Thunderbird 500
Thunderbird 350
ACCESSORIE
S
Classic
Classic
Classic
blue
Classic
Classic
Classic
350
500
squadron
STANDARD
STREET
desert storm
chrome
battle green
Jackets
Helmet
Riding Accessories
Bullet 350
Bullet 500
CAF
RACER
Continental GT
HIMALAYAN
Off-road
PRICE
The price range of Royal
Enfield starts from 1,16,000
to 2,10,000 (ex-showroom).
PROMOTION
They promote mainly through Rides.
They have very less advertisements.
Movies
Social media.
PLACEMENT
There are more than 500
showrooms and service centers
in India.
SWOT analysis of
STRENGTH
Size and scale of parent company
Effective Advertising Capability
Committed and dedicated staff
High emphasis on R and D
Experience in the market
Established brand
Established market channel
Power, Speed & Acceleration
WEAKNESS
Not much emphasis on aggressive selling
Weak product diversity
Weight of the motor cycle can be an issue for few customers.
Mileage of high cc bikes is an issue.
OPPORTUNITIES
Growing premium segment
Increasing dispensable income
Environmental concerns
Exports increasing
Very strong demand in the 100cc.segment dominated by limitedplayers.
THREATS
Cut throat competition
Increasing number of players in the market
Rising raw material costs
Increasing rates of interest on finance
LOGO EVOLUTION
THANKS
RIDE ON