KIA Brand Strategy December 2023 Movement that Inspires KIA Brand Strategy Objective 01 To establish KIA as the most comfortable and spacious car brand in Pakistan, exceeding existing perceptions and competitor offerings and increase it’s market share and brand loyalty through superior comfort-oriented features and spaciousness 02 KIA Brand Strategy Consumer Verbatims Overall its a good car, definitely better than cultus ags. But fuel average is not that optimal. the leg room is much better than its competitors. KIA vehicles have a better build quality and comfort than suzuki. KIA cars better hain because comfort or price align krte apas me. The performance with AC is good in city. 12-14km/L ka average mila which is better than most cars in this range. Between wagonR, cultus, and picanto. Picanto is the clear winner in all aspects. price comparison k hisaab se bhi or performance factor me bhi KIA wins any day. KIA vehicles are much better in comparison with automobile giants in Pakistan. Pickup and leg room of picanto is way better than cultus ags, and alto value car with a decent driving experience. justifies the price, and gives a fair fuel average with AC in city. I’m satisfied with the comfort, and build quality. 03 KIA Brand Strategy Consumer Market Research Target Audience Primary Families with young children, professionals seeking a comfortable and spacious commute, individuals prioritizing a relaxed driving experience, and those needing ample cargo space for hobbies or recreational activities. Secondary Elderly, passengers with specific comfort and space needs, eco-conscious consumers seeking spacious and fuel-efficient vehicles. 04 KIA Brand Strategy Consumer Market Research Product Attributes Interior Comfort Cargo Space Spacious seating, legroom, headroom, ergonomically designed seats, noise insulation, climate control, technology integration. Ample storage capacity, flexible seating arrangements, easy loading and unloading, roof racks or cargo carriers. Ride Comfort Psychological Comfort Smooth suspension, handling, advanced driving aids, driver fatigue mitigation features, quiet engine operation. Safety features, reliability, peace of mind, sense of luxury, freedom of movement. 05 KIA Brand Strategy Consumer Market Research Brand Perception Existing Affordable, reliable, value-driven, family-friendly Desired Comfortable, spacious, innovative, premium, luxurious, safe, versatile. 06 KIA Brand Strategy Competitor Analysis Strengths Weaknesses Established brands, strong market presence, superior feature bundled products & brand loyalty Compared to major competitors, KIA's product portfolio in Pakistan may be perceived as limited. This can restrict their appeal to consumers with specific needs and preferences. 07 KIA Brand Strategy Time of Essence The automotive market is evolving rapidly, with consumers increasingly demanding comfort and spaciousness in their vehicles. KIA needs to act quickly to establish itself as the leading brand in comfort and space before competitors adapt their offerings. 08 KIA Brand Strategy Key Consumer Insight Consumers are looking for cars that offer both comfort and spaciousness, seeking a driving experience that is relaxing, enjoyable, and practical Comfort and space are not just about physical aspects but also contribute to a sense of well-being, freedom, and convenience. 09 KIA Brand Strategy Objective, Issue, Insight Objective To become the most comfortable and spacious car brand in Pakistan Issue Lack of recognition for KIA's focus on comfort and space, along with existing perceptions of the brand not being a premium option Insight Consumers actively seek comfort and spaciousness in their car buying decisions, making it a critical differentiator. 10 KIA Brand Strategy Challenges Overcoming established competitor brands and changing consumer perceptions towards KIA. Effectively communicating the message of superior comfort and spaciousness while justifying a potential price premium. Implementing innovative comfort and space features while maintaining affordability