BP Competitor Analysis

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Analysis

MADE BY: MAHESH &


NAM AN
Definition of Competitor Analysis

 Competitor analysis is an assessment of the


strategies, strengths and weaknesses of current and
potential competitors.
 This analysis provides both an offensive and
defensive strategic context to identify opportunities
and threats.
OBJECTIVES of Competitor Analysis

 To study the market.


 To predict and forecast organization’s demand and
supply.
 To formulate strategy.
 To increase the market share.
 To study the market trend and pattern.
 To develop strategy for organizational growth.
 When the organization is planning for the diversification
and expansion plan.
 Understanding the current strategy ,strengths and
weaknesses of a competitor.
 Insight into future competitor strategies.
Stages in competitor analysis
OBJECTIVES
 Maruti suzuki - To be a leader in the Indian
automobile industry creating customer delight and
shareholder wealth, A pride of India.

Hyundai - To create exceptional automotive value


for our customers by harmoniously blending safety,
quality and efficiency. With our diverse team, we will
provide responsible stewardship to our community
and environment while achieving stability and
security now and for future generations.
Strengths of Maruti Suzuki

 Established distribution and after-sales service


networks.

 Understanding of Indian market


.
 Ability to design products with differentiating
features.

 Brand image
Strengths of HYUNDAI

 The quality advantage;


 experience fewer problems with their vehicles

 A buying experience like no other;


 Network of 250 state-of-the-Art showrooms across
189 cities

 Highest service quality


Weakness of Maruti Suzuki

 Lack of experience in foreign markets

 Inexperience with foreign workforce

 Heavy import tariffs


Weakness of HYUNDAI

 High cost of vehicles compare to other competitors

 exchange rate risks

 risks associated with fluctuations in foreign


exchange rates mainly of import of components

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