Marketing Strategy of Maruti Suzuki and Case Study

marketing strategy of maruti suzuki

Marketing Strategy of Maruti Suzuki: A Comprehensive Case Study

In this blog, we will learn about the marketing strategy of Maruti Suzuki and its case study of Maruti Suzuki. I know you are excited to learn more about this famous company, which has been leading the automobile industry in India for many years.

Undoubtedly Maruti Suzuki is the one Indian Automaker that has been a favourite in every Indian household. Through the company’s commitment to cost-effectiveness and quality, the company has continued to keep its position in the market through the focus on its long-term goals. The Marketing strategy of Maruti Suzuki has been a key factor in its success in the Indian automotive industry thanks to efficiency in operations and money-saving marketing matters.

Company Overview

Established in 1981 as a partnership between the Government of India and Suzuki Motor Corporation of Japan, Maruti Suzuki transformed India’s automotive landscape by releasing the first Maruti 800 in 1983. Currently, Maruti Suzuki leads the Indian car market, with a share of more than 44%, and the production plants in Gurgaon, Manesar, and Gujarat have the aggregate capacity to produce over 2.25 million vehicles a year.

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Marketing Strategy of Maruti Suzuki in Just 6 Steps

1. Segmentation, Targeting, and Positioning (STP)

Maruti Suzuki is a company that uses a well-organized STP approach to service various parts of society. It markets models through a multitude of options so that it can meet the different expectations and wants of the customers.
  • Segmentation: To segment the market, Maruti Suzuki takes into consideration customer’s income, demographic and lifestyle differences. Cars such as Alto and Wagon R are aimed at the middle class who are conscious of the price at the low end, but higher-end Nexa models like Baleno and Ciaz fish in the premium pond.
  • Targeting: The pertinent company has chosen a 22-60-year-old customer base which includes the first-time buyers and those upgrading from two-wheelers, as well as the families in need of affordable and low-maintenance cars.
  • Positioning: Maruti Suzuki portrays itself as a “value-for-money” brand that has the capacity to provide India’s consumers with reliable, fuel-efficient, and cost-effective vehicles that cater to their demand.

2. Product Strategy

Product strategy is the biggest part of the marketing strategy of Maruti Suzuki. Company has got products of over 16 brands with a total of 150 variants of hatchbacks, sedans, SUVs, and vans in the Indian market. The company’s offerings have some of the most famous models in the Indian market. Examples are Alto, Swift, Dzire, Vitara Brezza, and Ciaz. They belong to the economic segment as well as the premium segment.
  • Maruti Suzuki Arena: This division offers budget-friendly cars with a focus on mass-market consumers.
  • Nexa: Catering to the premium segment, Nexa offers feature-rich models that provide a luxurious experience.

3. Maruti Suzuki Pricing Strategy

Maruti Suzuki has implemented a competitive pricing strategy to create a wider consumer base by producing accessible cars and to beat its competitors. The Maruti Suzuki pricing strategy is the best move in the marketing strategy of Maruti Suzuki. The firm utilizes a penetration pricing model to pull in prospective buyers who are buying a car for the first time, and at the same time, it makes it cheaper to purchase a car by paying a low initial cost and the maintenance cost being minimized.

  • Finance and Exchange Offers: Maruti Suzuki provides various finance schemes and exchange offers that aim at making car ownership more possible and cheaper for Indian buyers.

    Indeed, not all Indian residents have enough cash on hand to buy a vehicle without financial assistance. Consequently, Maruti Suzuki pricing strategy to offer easy and fast financing at the lowest interest rates is an excellent way to boost car sales and generate more revenue for the company.

maruti suzuki case study

4. Promotional Strategy

Maruti Suzuki leverages a robust promotional strategy that includes television, digital, print, and influencer marketing.
  • Television and Print Advertising: Indian people find campaigns like “Kitna Deti Hai” and “Petrol Khatam Nahi Hota” fascinating because they teach them how to save fuel and make it affordable.
  • Social Media Presence: Maruti Suzuki is quite active on social media platforms like Facebook, Instagram, and Twitter. They use them to publish engaging content, share customer success stories, and market their promotional campaigns.
  • Influencer Marekting: We can see the major role that influencer marketing has as a driver of the company’s growth from this and similar projects like Ranveer Singh: Next and Varun Dhawan: Arena, among others.

5. Distribution Strategy

The distribution strategy is a great move in the marketing strategy of Maruti Suzuki. Maruti Suzuki’s broad network of outlets is a core issue that constitutes the company’s unique selling point. A figure of 3,500 sales outlets and another of 4,000 service points in India by the company guarantees the products and respective services are readily available even in those more remote areas reaching far and wide.
  • Online Booking System: Maruti Suzuki was first-ever car constructor to bring online booking and e-commerce platforms that brought an opportunity for people to reserve cars from their residences.

6. Digital and SEO Strategies

Maruti Suzuki’s digital marketing tactics are structured around reaching a higher level of customer engagement and gaining a better online existence. Going beyond this, the company’s official portal now appears on the 1st page of Google for their very relevant keywords such as “Maruti Suzuki cars”, “Maruti Suzuki models” and “Nexa cars” they regularly gain high-quality traffic without paying a penny.
  • SEO Performance: Maruti Suzuki has more than 30,000 organic keywords and a monthly website traffic of more than 30 lakhs.
  • Content Marketing: The company is committed to investing in high-quality blog posts, video content, and educational resources to offer the best to potential buyers and also to enhance the search engine rankings.

maruti suzuki marketing strategy

Maruti Suzuki Case Study: Key Campaigns and Success Stories

1. Kitna Deti Hai?

This campaign was a clear focus on India’s entry of fuel efficiency in the automobile sector. It was the hyped phrase of Maruti Suzuki’s fuel efficiency in design and propulsion and thus became the brand of choice for the price-conscious customers. The campaign’s tagline was the brand that created a connection with customers and made them fully understand the affordability drive that the brand stands for. This was a great step in the marketing strategy  of Maruti Suzuki.
 

2. Tarakki Apki, Saath Humara

The promotion spread focused on growth, confidence and partnership in customer relation. One of the unique features of the campaign is the articulation of the value proposition of Maruti Suzuki as a trusted partner during the customer’s journey, which in turn has made the campaign significantly connect to the Indian shoppers.
 

3. Monsoon Care Campaign

Maruti Suzuki’s Monsoon Care Campaign has given free vehicle checks for their customers, with the main goal being to keep everyone safe, especially during the rainy season. This initiative made a loud and clear statement that the company completely puts customer satisfaction and vehicle maintenance in the first place.
 

Maruti Suzuki’s E-commerce and Mobile App Strategies

Maruti Suzuki, in the scope of the new digital trend, has ventured into the online booking service. Alongside, they have also launched the Maruti Suzuki Rewards App, a service that not only simplifies the customer experience but also enables them to easily get hold of services, insurance, and service records.
 

Maruti Suzuki’s Influencer Marketing and Sponsorships

The firm has recently entered into a 2-year sponsorship contract with Ten Sports for its “Maruti Suzuki Cricket Ratings” and kicked off the #BeLimitless initiative, in which it has taken the help of such iconic athletes as Mary Kom and Bhupendra Sharma. With this, they took another step in strengthening the relation with the younger, more ambitious group.
 

Key Lessons from the Marketing Strategy of Maruti Suzuki

Maruti Suzuki’s focus on low cost and strict fuel economy addresses the consumer needs in India, which is the reason it is a well-known brand of automobiles.
  • Customer-Centric Approach: The brand’s segmentation, targeting, and positioning competences, are the main reason the company can satisfy the multiplicity in the customer needs.
  • Innovative Campaigns: Maruti Suzuki marketing strategy grew out of the practical and emotional aspects of Indian consumers.
  • Strong Digital Presence: The brand has been keeping the first place in online sales with their SEO, content marketing, and influencer collaborations and this is the biggest role of Maruti Suzuki marketing strategy.

maruti suzuki case study

Conclusion of  Marketing Strategy of Maruti Suzuki & Case Study of Maruti Suzuki

In conclusion, the marketing strategy of Maruti Suzuki has played a crucial role in making it one of the most successful and beloved automobile brands in India. Maruti Suzuki has managed to secure a strong presence in the automobile market in India by focusing on affordability, innovation, and customer satisfaction.
 
Entrepreneurs who want to get ahead can take away important points from Maruti Suzuki’s capability in adjusting to the market shifts and maintaining a place in a tough industry.  Most importantly, Maruti Suzuki has been able to transform and reinvent itself with every change in the market trends.
 

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Shivam Ahuja

Shivam Ahuja is the Founder and CEO of SkillCircle, entrepreneur, mentor, and community builder with 10+ years' experience, empowering freelancers, supporting startups, and fostering innovation and financial independence.