Zoomcar Presentation
Zoomcar Presentation
attributes 12L; Profession- Mid-managerial roles and beyond in the leasing in India and the ZAP platform is
• Design marketing campaigns and suggest other workplace lacking
Psychographic-Enjoy variety in life, keen to experience
recommendations to facilitate growth of the Car Purchase
new things in life, are self sufficient and do not like relying
platform on others • Purchasing a car is associated with an
• Suggest strategies for retaining customers on Behavioral-Travels to office 5 days a week using Ola/Uber, extremely positive and strong emotion
the platform and metrics to track performance travels to nearby places from city on weekends, Migrated which cannot be easily replaced
• Barring the test drive, there is a lack of
Step 1: Undertook secondary research to Growth
options (especially long term ones)offered
understand the marketplace Growth is being driven in two ways: by companies to test out a new vehicle
Step 2: Carried out consumer research to • Channel Strategy whereby the product is made Consumer Behavior
identify the Target Group
Key Insights
available in different channels to gain market access • Travelling to office is predominant reason
Approach
Step 3: Devised growth plans in terms of complemented with marketing efforts in those channels
to ensure product visibility
behind the use of a vehicle; for people not
- Channel Strategy
• Marketing campaigns with a total spend of INR 4.08 owning vehicles, travel to office is mostly
- Marketing Campaigns (based on TG insights)
crores (see appendix for detailed financials) with via cabs
Step 4: Understood offerings of ZAP currently campaigns across platforms- ATL, BTL and digital media. • There is a general dissatisfaction about the
and recommended additions to create an ATL and BTL has been devised for one city (Pune) to be services offered by the likes of Ola and Uber
ecosystem of mobility solution replicated across others too. arising out of high prices and a lack of
Retention availability of vehicles
• Car rental services in India is predominantly
Psychographic and behavioral changes
Industry Overview
being used people in the age group of 25-34 The retention strategies suggested are as follows:
• Consumers in the age group of 20-35 are
• The penetration of such services is expected to • Greater variety of cars
• Personalized packages and Value added services looking at experimenting and having variety
reach 1.4% of the population by 2022
• Brand alliances while having the desire to be self-sufficient
• Key growth drivers for the industry include • Loyalty program generating rewards in all aspects
rising mobility needs, acceptance by middle The metrics to be tracked include Customer Retention • Working professionals are increasingly
management customers, vehicle acquisition Rate, Repeat Purchase Rate, Redemption Rate, using the weekend to travel to places
costs Customer Share Rate and Net Promoter Score
2
Industry Consumer Target Growth Marketing: ATL, Retention Retention
Overview Insights Group Strategy BTL, Digital Strategies Metrics
Forecasted Offline Retail Internet Value RSP INR mn Current Prices Forecast Car Rental Sales Value 2018-23 (INR mn) Users of Car Rental: Age-wise
Source:
Euromonitor
Source:
Euromonitor
Source:
Source: Source: Statistica: Global
Frost & Sullivan Euromonitor Consumer Survey ’18
3
Industry Consumer Target Growth Marketing: ATL, Retention Retention
Overview Insights Group Strategy BTL, Digital Strategies Metrics
“I was driving my vehicle regularly to office and “After saving for the past three years, I finally
have enough for purchasing a car but am not Awareness about car leasing in general
other places before it met with an accident. The and ZAP in specific is lacking;
cost of recovering it is very high and at the same sure which one to go for. Further, it’s also a bit
awareness is mostly among people
time I don’t have the ability to make a down- scary if I don’t end up enjoy using the vehicle I
who’ve used Zoomcar
payment for a new car.” bought with so much money.”
-Mr. Vaibhav Soni -Mr. Srinjoy Mitra
Banker Chartered Acountant Ability to afford the ZAP platform is not
just restricted to financial ability but
also availability of parking space
4
Industry Consumer Target Growth Marketing: ATL, Retention Retention
Overview Insights Group Strategy BTL, Digital Strategies Metrics
TG: Buyer Personas
Name: Harsh Bihani Name: Ayushi and Rohit Name: Biswajit Mukherjee
Demographic Attributes Demographic Attributes Demographic Attributes
• Age: 28 • Ages: Both 30 • Age: 35
• Marital status: Single • Marital status: Married for 1 year • Marital status: Married with 2 children
• Education: Masters of Business Administration • Education: BA LLB(Rohit), MBA(Ayushi) • Education: B.Tech
• Occupation: Marketing Manager of a Financial Services Company • Occupation: Rohit- Legal Counsel in a consumer goods company; • Occupation: Senior Consultant in a boutique consulting firm
• Annual Income: INR 15 lakhs Ayushi- HRBP in a IT firm • Annual Income: INR 30 lakhs
• City of residence: Pune • Annual Income: INR 25 lakhs • City of residence: Hyderabad
• City of residence: Gurgaon
OOH, Office Activation, Meri Pehli Gaadi- I Mall Activation, MensXP Articles and Social Media, OOH:
Kiosks will be set up in offices post holidays to TV Ads Stay hungry, stay foolish
spread awareness and generate leads for ZAP. Two articles about the ZAP platform will be A Integrated campaign across
Stage-I of Meri Pehli Gaadi will be carried out published on Facebook and the website in Outdoor and social media
to collected customer generated content. February (fortnightly) with the objective communicating the connect with
being to influence consideration. Mall Steve Jobs and looking at
activation to be carried out for driving influencing consideration to
leads and generate awareness. TV ads on upgrade cars.
NDTV 24X7 and Sony Ten 2
Marketing activities on other Digital mediums will continue as given in the Marketing planning file in Appendix 7
Industry Consumer Target Growth Marketing: ATL, Retention Retention
Overview Insights Group Strategy BTL, Digital Strategies Metrics
Nationalized Branding Strategy – TV Localized Branding – City Considered: Pune
Activity Details Insight Objective
TV
Channels Details Insight Objective
Cab External advertising in 150 TG uses Ola/Uber to travel to and Create
advertising Uber cabs throughout Pune from work awareness
Ads on weekends Targeting couples who watch Wakad bridge is used to commute
throughout the day movies on weekends Create awareness
Hoarding Hoarding in Wakad, Pune to Hinjewadi for the various Create
(Outdoor) and SB Road- 40x40 ft offices, SB Road is one regularly awareness
visited area
Targeting the potential TG People who are emigrating to
Ads on weekends
throughout the day which watches such channels Create awareness 2 Green Walls near Pune are a part of the TG and Influence
on weekends Airport Conveyor Belt hence integral to reach them as consideration
early as possible
Aston Band-graphical Mentions by RJ Ira on Radio People travelling to office are Create
advertisement featured TG includes professionals who Radio Mirchi 4 times during 7AM- listening to Radio in cabs during awareness
at the bottom of the switch on the news after Create awareness 11AM this time and influence
screen for 10 seconds returning from office consideration
on weekdays
9
Industry Consumer Target Growth Marketing: ATL, Retention Retention
Overview Insights Group Strategy BTL, Digital Strategies Metrics
•
Which Car Matches Your
If we slapped four wheels on you what Drive Engagement
type of car would you be? Find out • Generate Leads Personality?
whether you have the kick and stamina of • Create Awareness
an SUV, the reliability of a 4-door, the • Collect Customer Information for
edge and wildness of a sports car, or the designing future marketing
uniqueness and passion of a hybrid! strategies and campaigns
Details
Share the result with hashtag Quiz results matches the user with a
#IAmMercedes #ZAPTest to avail car available on ZAP platform and
discounts worth INR 1000 on ZAP place CTAs for subscription
Engage in email Notify existing users of a Top 5 entries from Stage 5 short videos of the
marketing to reach out contest on Facebook 1 selected and provided users ranging from 30
to existing ZAP users with prizes a month’s fee waived off sec to 1 minute shot
Every user who submits People on the Facebook Incentive: Top Voted
Top 5 submissions get to
a post with the hashtag page will be asked to Video and User content
be featured in videos in
gets INR 1000 off on post their content and will win Weekend
stage 2 of the campaign
next month’s fee vote for the best video Getaways by Zoomcar
Platforms Metrics Platforms Metrics
Used Tracked Used Tracked
User
• Youtube, Facebook
• Total views Engagement
• Zoomcar email • Click to Open Rate • FilterCopy sketch on
• Social media
• Zoomcar Facebook • Social media MeriPehliGaadi(to
engagement (likes
page engagement(posts) spread awareness
and shares)
about campaign) 11
Industry Consumer Target Growth Marketing: ATL, Retention Retention
Overview Insights Group Strategy BTL, Digital Strategies Metrics
Campaign: Change Cars like you change fashion April Campaign: Stay Hungry, Stay Foolish May
Objective: Creating awareness and consideration about ZAP Objective: Drive consideration of car upgrade through ZAP
Theme: Emotional appeal during different festivals across India Theme: Appeal to sense of achievement by referring to Steve
Jobs' habit of changing cars
Platform: Digital- Social media handles, during festivals.
Platform: Digital- Social media and ATL- Airports, Hoardings, cab
Insight: People generally buy clothes during major festivals-
Dussehra, Diwali, Baisakhi. Appeal to the customers by showing
that one can change their cars just like they change fashion
Subscribe Now
12
Industry Consumer Target Growth Marketing: ATL, Retention Retention
Overview Insights Group Strategy BTL, Digital Strategies Metrics
• Variety is one of the USPs of the platform and hence it’s
imperative to provide consumers with a wide number of
choices. Currently the number of SUVs and Sedans on the
platform is limited and there is a need to increase that
• Objective: Ensure that consumers have variety of cars to
choose from while looking at renewing their subscription on
the platform
Example: Bring new cars at the time of their launch itself
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Thank You
Appendix 1-Industry
Travel Operators &
Hotels
Type of Customers
11% of India Market KPIs of Car Rental
Companies
Airport Transfers Corporates
Revenue Contribution: 70%
Leisure v
B2C Market Leisure Travel Business_Car Rental Market
465
439.3
500
423.4
420.9
404.3
400.9
332.3
400
350
300
211.7
232
250 Avis (Avis Budget Group Inc)
200 International Travel House (International
Travel House Ltd)
150 Myles (Carzonrent India Pvt Ltd)
Car
68.5
62.5
27.5
16.6
50
9.7
7.8
5.9
4.1
3.2
1.5
1.1
0.4
2
1
0
Average Average Daily Spend Fleet Size Transactions Utilisation
Number of Sales Per Per ('000) ('000) (%)
Transactions Transaction Transaction
Per Car (US$) (US$)
KPIs of Competitors
Appendix 2-Campaigns Timelines
TV Ads December January February March April May Car Personality Test
Romedy Now Duration 10 days
Fox Life Start Date 15-Dec-18
NDTV 24x7 End Date 25-Dec-18
Sony Ten 2
Other ATL
Cab Advertising
Outdoor Meri Pehli Gaadi
Hoarding Stage 1 Stage 2
Airport Duration 15 days Duration 15 days
Radio Start Date 01-Jan-18 Start Date 01-Feb-18
End Date 15-Jan-18 End Date 15-Feb-18
Note
Running from the mid of one month to the other
Running for one whole month
Change Cars Like You Steve Jobs
BTL Campaigns December January February March April May Change Clothes Duration 1 month
Office Signage Duration 7 days Start Date 01-May-18
Papercups Start Date 07-Apr-18 End Date 31-May-18
Apartment Kiosks End Date 14-Apr-18
Mall Activation
Note
Running for one whole month
Only during Christmas and New Year
Appendix 3-Campaigns
Projections Campaign
Timelines
Appendix 4-Metrics
User
Engagement
Appendix 6- Creatives
Campaign- #MeriPehliGaadi