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Target market
Hero MotoCorp targets the higher middle class and lower middle-class people.
Even, this particular vehicle is well accepted among young mass and students,
as it is made for everyday usage due to its fuel-efficient quality.
Usually, Hero MotoCorp follows Undifferentiated/Mass marketing strategy. It
provides same kind of offers to all customers during the festive seasons,
creating a fair pricing policy. Also, it sometimes follows
Differentiated/Segmented Marketing in case of its premium range bikes.
Here we can see there is negative growth in the month of July from 2019 to
2020..
Then Post pandemic there is substantial increase in the month of august. And
In the month of September 2020, Hero MotoCorp has had a good run, with
maximum growth
Change in advertisement: