Background
Volvo CE India, a manufacturer of construction equipment, offers various premium products to meet the diverse needs of the Indian industry.
The company offers the Volvo EC200D excavator at a price of INR 48 lakh, approximately 15% higher than competing models.
Despite EC200D's top-of-the-line features, the price difference or barrier was affecting sales, which was worrying – especially in the aftermath of COVID that had badly affected Volvo CE India's business.
Objectives
- Create awareness and educate the target group about Volvo EC200D
- Highlight EC200D's superior attributes – versatility, speed, comfort, and affordability– to justify the...