Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Project 306 mahindra reva
1. Mahindra Reva
Project 306
Team Members
Anisha G (MBA PR 2013-15)
Annette Stephen(MBA PR 2013-15)
Manasi Sakpal (MBA PR 2013-15)
2. REVA is the new REVA-lution
• It isn’t just a car, it’s a new concept, a new way of life-
that of the future.
• Quality matters more than the cost
3. The story thus far…
• The Reva Electrical Car Company (RECC, founded in 1994by
Chetan Maini, as a joint venture between the Maini Group of
Bangalore and Amerigon Electric Vehicle Technologies (USA)
• In 2001 Reva was launched by RECC.
• Mahindra acquired Reva in May 2010.
• It was positioned as a ‘green’, affordable car and aimed at young
and elderly couples and women. It was predicted to sell 1500
cars during the launch. However the numbers fell short to just
300 cars.
• There are more than 1000 Reva customers.
4. Old campaigns…
• Mahindra Reva previously, came up with a digital campaign,
Think and Ask.
• The customers uploaded videos starring themselves and their
friends posing questions about e-cars.
• Creating and sharing these videos enabled the participants the
chance to win a new Reva e20.
• With increasing number of questions, the features of the car
was revealed.
• More than 20,000 questions were asked.
5. The new campaign addresses…
• Battery power and efficiency: viewed as
cumbersome
• Negative price positioning: seen as too expensive,
not enough value for money
• Customer value: Customer should feel their
purchase is meaningful towards themselves and the
environment
6. REVA-lution
A musical concert- PR campaign tool
Emphasises revolution in the way we use the car highlighting its
eco-friendly features.
The entire concert is powered by the batteries of the REVA cars
7.
8. REVA-lution happens…
• REVA-lution is a musical concert show that is lit by the battery
of Mahindra Reva cars
• The concert stars Indian leading playback singer Shreya
Ghoshal
• Mahindra Reva cars are lined up and piled in the back drop.
Direct connections are taken from the cars to show that the
batteries are used to light the instruments.
• Free tickets are provided for the customers
• Timely feedback taken from other viewers
9. We are seeking to cover…
• Primary objective- Brand retention and Visibility
Concert counters the negative image about the car
batteries’ powerfulness.
Reva’s uniqueness as a green electric car is re-
emphasised
Reva’s position as a quality alternative to
fuel burning cars is also emphasised
10. We are seeking to cover…
• Secondary Objective: Customer Value
Customers are made aware of the correctness of
their choice
Brand loyalty is built
Brand promotion happens by word-of-mouth
11. Is it possible? YES…
• Engineering cars and set up to produce electrical energy
for the concert- highly possible
• Organising cultural event, high profile singer with
household appeal (such as Shreya Ghoshal) – subject to
date availability and other factors, possible
• Budget, money spent on the pre-event, event and the
post-event- viable
12. How do we go about it…
• Customers receive e-ticket or pick them up
from dealers
• Print and Radio advertisements
• Pamphlets and hoarding put up in various
parts of the city.
13. How much do we spend..
• TALENT COST: Shreya Ghoshal’s salary (subject to various factors)
• PRODUCTION COST- 5 lakhs (Stage, lights, music, seating and
security)
• MARKETING COST- 7 lakhs (print ads, radio ads, pamphlets and
hoardings)
• STAFF COST- 50,000 (fees for the event management company)
• VENUE COST- subject to various factors
• TICKETING COST- 600 per ticket
• MISC COST- 3 lakh
14. We expect…
• The misconceptions about the battery power can be
replaced with true understanding
• Brand loyalty built
• Pool of potential customers widened
• Revenues from the tickets
• Increased brand awareness