Xavier Institute of Management, Bhubaneswar - MBA (BM) 2019-2021 Term Iii Marketing Management - III
Xavier Institute of Management, Bhubaneswar - MBA (BM) 2019-2021 Term Iii Marketing Management - III
Xavier Institute of Management, Bhubaneswar - MBA (BM) 2019-2021 Term Iii Marketing Management - III
2021
TERM III
A project submitted towards partial fulfilment of the requirements for the degree in Masters in Business
Administration (MBA-BM) at Xavier Institute of Management, Bhubaneswar
Introduction
With the advent of technology, there is an exponential growth in the online activities of the people. Several
platforms are available for people to interact in the form of messages, posts or blogs. To increase the
competition among the brands several websites and blogs have come up where people can freely comment
their user experience for a particular product which can be viewed by a wide audience. These plays a vital
role in shaping customer’s buying decisions. Once a customer starts reading multiple reviews and ratings
about a brand, they start making an opinion based on his/her interpretation. These interpretations create a
brand image in the mind of the customer.
Problem Statement
Brand Image is basically the image a customer makes about the brand in this mind or in other words how a
customer perceives the brand. A Brand can be broadly divided into two types:
Functional Brand Image: It focusses on customer’s view about the functional aspects of the brand
depending on the operations of the brand. It is basically affected by online reviews and word of
mouth.
Hedonic Brand Image: It focusses on the emotions, feelings and sense of belonging the customer has
for the brand.
A brand usually tries to bring a positive image of its own in the minds of its customer so as to gain
competitive advantage. So, my study focusses on the impact of online reviews on customers’ mind and
brand image for Royal Enfield so as to study and examine the subjective experience of the customers
through qualitative study.
Qualitative Study:
Qualitative study is a type of research that works with non-numerical data and interpret these data to reach to
a meaningful conclusion. Data are collected through personal experience, case study, interviews, small
group discussions, open ended surveys, participant observation, content analysis semi structured interviews
to find opinions on focussed topics and in-depth interviews. The purpose of this type of research is to
understand people’s experiences, beliefs, behaviour, interaction and attitudes. This study answers the
question to “why” and “how” a phenomenon is occurring, instead of the number of occurrences.
In qualitative research the researcher gains an insider’s view which allows him to find the issues that are
often missed in the quantitative research technique. It plays an important role in suggesting possible
relationships, cause and effects of a dynamic process. Data analysis of Qualitative research is endlessly
creative and interpretations. These interpretations are made with various tools and techniques that can be
used to reach to a meaningful conclusion. So, qualitative research is designed to reveal the meaning that
tells us the outcomes or actions measured in quantitative technique.
It helps the social scientists to understand how day to day life is influenced by social things like social order,
social structure and other social forces. It is usually conducted with minimal cost in most of the cases.
However, the findings of qualitative research cannot always be generalized. In addition to this, researchers
have to make sure they do not bring personal bias while in interpreting the data.
Mentions
Postive Negative
As on 1st April, 2020 the sources of mentions are: (Data collected from brand24.com)
For detailed qualitative analysis the online posts and comments on Royal Enfield’s Facebook page,
Instagram, twitter page and Royal Enfield official group has been extracted for last 3 months:
Common Sense of Belongingness: Comments from all the platforms were studied and a common trend in
most of the comments and posts were found. Most people use the words like “us” and “we” while talking
about the brand. This shows the members have a common sense of belongingness among each other. Royal
Enfield has successfully inculcated this feeling through its strategies and customer engagement programs.
Some examples of the same are:
“When our Enfield gets dirty, it means we are on the right track
#ROYAL_ENFIELD, #ROADS”
“While travelling amid the mountains, our Enfield sounded like lion’s roar #ROYAL_ENFIELD,
#TRIP_STORY, #RIDE_PURE”
Shared Values: Members of the group share common values. Whenever the members go for a ride, they
share the place along with their experience with pictures and nearby places to freshen up or stay. This is a
common practice made in the group so as to make people aware about new biking destinations and in case
they plan to visit, they should not face any problems for fooding and lodging. They even talk if their bikes
showed any kind of trouble or was fit for the road or not. For example, in one of the posts a member talked
about his ride to Ladakh:
“Some pictures from the Ladakh exactly one year ago. This was by far the most difficult time I have faced
while traveling. Looking back now all of it seems funny, but I was just one minor incident away from
leaving the motorcycle in the middle of nowhere and just taking some transport back to somewhere with
trees, no winds & sunshine.
Thousands of kilometres of nothingness with merciless winds, unpredictable weather & comedy of errors, I
had to literally push the motorcycle up a mountain to get out of Ladakh.
But I think it was all worth the ridiculous quantities of Leh-Ladhak steak I consumed every day. You need to
travel at least 50 kms from Leh junction point to get tea and some refreshments. Pack your bags because
there is not a single shop for next 100 kms. Plan your night stay in Lal Quill Residency, Kargil for some
good hospitality after a hectic day. I used Royal Enfield Thunderbird for my ride and it was not smooth on
the terrains. However, my friend’s Himalayan was quite smooth. I would not suggest anything other than
Himalayan for this place.
Would love to go back there again with @dishayu
@arif.ehsan
@ashish.varkey .
.#TripStory #royalenfield #himalayan #rerides”
Moral Responsibilities: Members help each other out whenever anyone of them have any query. For
example
1. One of the member posted a query “I am planning to go to Daman and Diu this weekend from Pune
on my Royal Enfield. What are some things to keep in mind?”
And the answer to the query was “Nothing much really. Just carry rain coat and your head gears of
course. Also, you will find lots of food joints on highway so feel free and keep eating. Carry paper
soap as well (I shouldn’t be writing this though). When you come to Daman, make sure to go to
some nice restaurants here and the booze is cheap here so Enjoy!
P.S.: Daman has really awesome Wada Pav as well. Don't miss out!”
Relevant: The community is focused towards biking, trips, bike specifications etc. The content is
always related to Royal Enfield. Image and pictures posted in the group are also during trips with
Royal Enfield.
Active: The group members are active. On an average per day 12 post are done on Facebook group,
5 posts on Instagram and several comments related to the query asked or on picture posted.
Interactive: There is always a two-way communication. Multiple Member talk to each other via
comments and share their opinion.
Substantial: In Facebook, it has a page with 4.1 million likes and an official closed group with 108
thousand members. In Twitter, it has 130 thousand followers and in Instagram, its page has got 2.3
million followers
Heterogeneous: Members of the community spread all around the globe. The contents are related to
travel destination and bike specifications.
Data-rich: Online reviews are descriptive. Members also post about the bike they used during their
travel and if they faced any difficulty with the bike or not.
BRAND IMAGE
Functional Brand Image
Member do communicate about the functionality and specifications of Royal Enfield. For instance, when
one member asked a query, Which silencer is best for Royal Enfield Bullet? Another member addressed the
query.
Some other member asked, what are the pros and cons of a Royal Enfield Classic 350/Thunderbird 350?
. The reply came as, “Hi. I stay in US and I have been riding an RE Thunderbird 350 for 3 years and here is
what I have to say about it. PROS:
1. Comfortable for long rides at low speeds at 60 to 70 kmph.
2. Good in-class mileage of 45-50 kmpl in economy ride and 35 to 38 kmpl under power ride conditions.
3. Front and rear disc brakes, which brings the motorcycle to a quicker halt.
CONS:
1.Prone to vibrations at high speeds such as 95–110 km/h.
2.Parts need frequent attention and maintenance, especially the chain which has to be checked for slack and
lubricated every 1000 kms or so.”
From these we got to know that the people or members of the group have a positive image about the brand
and consider it to be a brand that stands for toughness. As most of the comments revolved around travelling,
speed it can be inferred that Royal Enfield stands for adventure and people who have that Adeline rush
associate themselves with this brand.
The company needs to be active in social media and go through all the posts on a daily basis so as to know
the issues the customer is facing, there needs and change in requirements and leverage upon these data so as
to improve its brand image and performance. In addition to it, Company can contact the most active users
for their online surveys and any data they want from customers. They can be made influencers so as to
improve the brand image as well. Companies can use online and social media platform to get a view of what
their customers think about the brand, know what the customers wants to be changed and improve over them
so as to make the customers satisfied and come up with a stronger brand image.
Conclusion:
The study aims at finding if the online reviews creates a considerable impact on the brand image or not.
From the qualitative study accomplished, tells us online review have a greater impact on both the functional
as well as the hedonic brand image, as online reviews, rating, opinion can play a major role in shaping the
brand. Social media marketing should be in the priority list of the marketing team, since most people spend
their maximum time online. Quality and product service should be given utmost importance, because a small
negligence from the company’s part can be written in several online platforms which has access to wide
audience. Marketers should identify community leaders and social media influencers so as to spread positive
image about the brand. Reviews and comments can also be used to come up with some innovative
campaigns and advertisements so as to make the brand image stronger.
References:
https://en.wikipedia.org/wiki/Royal_Enfield
https://www.cartoq.com/10-solid-reasons-why-royal-enfield-motorcycles-are-selling-so-well/
https://www.royalenfield.com/in/en/our-world/since-1901/
https://www.carandbike.com/royal-enfield-bikes
https://www.thegentlemansjournal.com/article/royal-enfield-the-brand-that-made-man-fall-in-love-with-the-
motorcycle/
https://www.autox.com/track-test/royal-enfield-interceptor-650-track-test-106866/
https://motoroctane.com/news/200380-royal-enfield-bullet-trials-350
https://app.brand24.com/panel/summary/?sid=491623952#d1=2020-03-10&d2=2020-04-
09&dr=4&va=1&cdt=days
https://www.facebook.com/pg/RoyalEnfield/posts/?ref=page_internal