Tuesday, March 8, 2016

Nervous NEXA ?

The prime object of Nexa was to give a make-over to the image of Maruti Suzuki, from a mass car manufacturer to a premium car maker. Though the first attempt in the recent times was bring in the CBU – Kizashi, Nexa was the serious and dearer attempt.

Had Maruti achieved what it intended through Nexa ?

By over pricing the S Cross, and placing it in an exclusive channel, Maruti would have thought the job is easily done. The market then rejected the idea. I strongly feel, Maruti had pressed the panic button soon, and launched the Baleno, a premium hatchback at an ordinary hatchback price, making it exclusive at Nexa again. If not at Nexa, its profitability would have been a question.

With the today’s launch of the Brezza, Maruti is planning to sweep the compact SUV market with its killer pricing again. But the product will be available through the regular network.

One new launch at Nexa with mass pricing and another new launch at regular channel with mass pricing may ensure Maruti’s sustenance as a market leader. But Nexa as a concept, has lost its prime objective.


Changing the brand positioning and the brand DNA was never easy and in India it will continue to be a huge challenge. May be, Maruti, with all its mighty backup should clearly chose its area of play.