04 Jan

How Bajaj Auto's RE60 is a poorly positioned product

in product placement, product positioning

While going through NY Times, I stumbled upon the launch of India's Bajaj Auto's new 4 wheeler called RE60.  Turns out that instead of position this car to consumers, Bajaj is positioning it as the replacement to three wheel Auto Rickshaws.  However, in my opinion it is a poorly positioned product which will face some significant adoption challenges. To begin with lets quickly compare the pictures of the two vehicles.

Bajat Auto's Recently Launched RE60 (via NYTimes.com)

 

Auto Rickshaw via the BeigeRoom.com

Now, why do I think that it is a poorly positioned product?

1. As it is obvious that RE60 drives like a car with a steering wheel where as an auto rickshaw drives like a scooter which is balanced with 3 wheels instead of two.  In order to adopt RE60, the auto rickshaw driver will have to give up his scooter's license and learn a new way to drive a vehicle which drives like a car.

2. Most of the Auto Rickshaw drivers are daily wage earners who rent/lease their rickshaw on daily or weekly basis. They will not have the time or financial resources to retrain themselves to drive a new type of vehicle.  This is the biggest barrier to adoption.

3. An auto rickshaw is mainly designed to navigate through overcrowded streets and narrow alleys of the Indian cities. RE60 wont' be able to deliver the same navigation experience.

30 Oct

Good reads for this weekend (10/30/2011)

in Good Reads

New MobiUs Browser for iOS makes HTML5 apps run like native apps. - Is HTML5 ultimately going to prevail?
High Frequency Trading Domination - (via GIgaOM) Explains how Diversification is Dead
 

31 Aug

The Geek way of fighting corruption in India using C

in India

 I am sure almost everyone has heard of the current anti-corruption movement going on in India.  Even NY Times has covered it along with other major media outlets in the US.  I just stumbled upon this picture on FB and decided to share.   It is incredibly creative and the poster actually uses C programming language.  Hoping to see this C function used all over the world someday :)

30 Aug

Mobile payments to grow to $670B by 2015

in mobile payments

 According to an article published by eMarkerter, Mobile Payments will be a $670B market.  A report by Juniper Research includes NFC paymetns as a part of this estimate.  In 2011, the estimate is at $240 million.  Gartner estimates that the number of users leveraging Mobile Payments has jumped almost 40% to 141 million in 2011 from 100 million in 2010. As far as the actual spending is concerned, according to the Yankee Group  Asia Pacific and EMEA are still ahead of North America and South America.  Full report by eMarketer can be read here