2nd Largest Manufacture of Automotive and industrial Lubricant in India Part of BP Group and operates in more than 56 Countries Involved with motor sports, both at national level and international level
Cars
Automotive Motorcycle Castrol
lubricants /Scooter Power1
Product Trucks/Bus Segment
Non Auto motive Industrial
Lubricants Lubricants STP OF Castrol Power 1 Segmentation Productivity Conscious Customers Cost Conscious Customers Price Conscious Customers Target Passionate Biker Expertise in Biking Biker owner Positioning Rider Support Marketing with youth Marketing Mix 4P`s of Castrol Power 1 Product Castrol POWER 1 is cutting edge product that promises THRILL. Designed to deliver thrill by giving superior acceleration at a touch of the throttle. Price Offer Superior customer value proposition in term of product quality with relevant customer benefit. Prices its product at a premium to Market. Place 22% Market share, 270 Distributor, 70,000 Retail Outlet Promotion Power 1 Biking App Ad commercials featuring Sports Star Web series Squadrann Grand India Road trip Key Lesson
You cannot and should not treat every customer equally -
Differentiate a value proposition to each relevant tier. Often a very insightful way to segment your customer is by their willingness to do business with you in a chosen way. It is called segmentation by attitudes. Once you adopt a different value proposition for each tier you should change accordingly the customer engagement process. Remember Sales are too important to be left to the salesforce.