Words: 549 | Published: 01.17.20 | Views: 454 | Download now
For Eros Power generators, we provide safe, stylish, green and a cutting edge form of individual freedom to our consumers. We have been powerful in offering what clients feel is important to them. Our autos also include all the options, which are asked by our customers.
All of us planned our strategy taking into consideration all the aspects of marketing, H. R, finance and operations. Advertising plays a very crucial function in this modern day world so we advertised our items through several forms of press. We spent heavily at the start just because we wanted to make the presence felt in the market.
We always assumed that our staff is of highest importance to us, so we made sure that there is a balance between automation and workforce to optimize production. We also paid out them very well so that they stay motivated always and work at the goal of the organization. Training of employees is essential and this is essential for the quality of the cars. We all noticed that each of our Warranty claims were substantial, so simply by proper schooling this could have got only recently been reduced. R and d is an important place and a ton of money was spent over time so that all of us develop better and environment friendly cars inside the times to come.
We made sure that the money is usually not spent on general R&D rather we all identified some key areas and invested in those regularly. Finance was an area or worry as we were incurring enormous losses, we-took necessary steps to improve this kind of. We priced our products aggressively and planned production efficiently. As a result this provided us better sales. We also tried to cut down on costs, which provided us a much better gross margin over the years. We all started to help to make profits inside the later years and this shows that our products have been well accepted by the market.
All of us offered Leader (medium) and Beta (large) cars initially then we all came up with Delta (city , hybrid) and lastly with Ceda (diesel ” luxury). The luxurious market was untapped and thought we’re able to do well by selling a small number of autos because the margins in a luxury car will be huge. The offering was based on the market research and the demand available in the market. The design of basically kept on changing as wanted by the clients. This demonstrated that we were catering for all segments from the market with regards to offering and pricing.
Our aim is to be a leading car manufacturer by creating elegant, reliable, environmentally friendly cars by following the principles of enhancing we, extending the business and enlarging the market. To sustain with this competitive industry we have to think about what the competitor is doing and react consequently by delivering a better merchandise. The need of the hour is usually to connect with the purchasers. The world is moving toward alternative fuels and we will as well try to come up with products which can be environmental friendly keeping in mind the needs from the customer yet giving trendy, value for money and fuel successful cars.