4Psc of Renault

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4P’s Of Company

 Product – Renault sells its products under 4 broad categories,

and each of these serves as separate product lines. All of its

products are sold under the brand name of.

Renault car price starts at Rs 3.18 Lakh for the cheapest model
which is Kwid and the price of most expensive model, which is
Duster starts at Rs 9.72 Lakh. Renault offers 4 car models in
India, including 1 car in SUV category, 1 car in Hatchback
category, 1 car in MUV category, 1 car in Compact SUV.

 They sell products with a lot of variety available, which

allows customers to select the product variety that best suits

them.

 They are famous for its traditional design that is also

practical for customers to use.


 Price - The current pricing strategy to set the price level that

follows is a competitive based pricing strategy. This is

because the data on competitors is easily available due to a

large number of competitors that exists within the industry.

 Renault has fixed the prices of the final product. Channel

members; retailers and wholesalers, buy the product at a

lower price and earn through their own margins.

 They also uses an optional product pricing strategy for

certain products, where it offers a price for the base product

and separate prices for the accessories that come along with

it.

 Place – They sell their products through two marketing

channels. The first is where it sells directly to its customer

through its online website. The second is where it sells to


wholesalers who then sell to different retailers located all

over the country. These then sell to its customers.

 They have a substantial amount of online sales with frequent

traffic on its websites. In order to run its online operations,

has partnered with numerous delivery service providers in

order to provide timely deliveries.

 Renault has its products present on over 500 retailers

throughout the country. It follows an intensive marketing

strategy where it tries to include its products on as many

retailers as possible. This ensures that its products are

available to customers easily in different parts of the country.

 Promotion – They uses multiple media channels to promote


its products. It uses traditional media, which includes an

advertisement on television and radio. This is beneficial due


to its large reach and ability to attract a large number of

people.

 Also use online and social media advertising, which is

cheaper and beneficial due to the increasing usage of the

internet.

 And undergoes various sales promotion taking part in

various trade exhibitions and events around the year.

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