Tata Motors wants to improve the retained newness of its vehicles, which is the level of deterioration over time from the customer's perspective. The key questions are: what retained newness means to customers; how to measure it; how current Tata vehicles compare to competitors on this measure; ways to improve Tata's retained newness; and whether better ratings would boost sales.
Tata Motors wants to improve the retained newness of its vehicles, which is the level of deterioration over time from the customer's perspective. The key questions are: what retained newness means to customers; how to measure it; how current Tata vehicles compare to competitors on this measure; ways to improve Tata's retained newness; and whether better ratings would boost sales.
Tata Motors wants to improve the retained newness of its vehicles, which is the level of deterioration over time from the customer's perspective. The key questions are: what retained newness means to customers; how to measure it; how current Tata vehicles compare to competitors on this measure; ways to improve Tata's retained newness; and whether better ratings would boost sales.
One of the challenges in todays automotive environment is to understand
the deterioration that a passenger vehicle undergoes over a period of time.
Quantifying the same in measurable terms has been a big task. Tata Motors is in the process of improving its Retained Newness of its vehicles and if you are part of a corporate team who have been tasked with this responsibility, kindly explain ways to take this aspect forward. The following are the key questions that the head of you team has asked you to explore in detail. What is Retained Newness from a Customers perspective What is a measure of Retained Newness Against the measure, how does present TML vehicles compare with that of competitors What are the ways and means through which, Retained Newness of TML vehicles can be improved Will better retained newness numbers help in sales and are you able to establish such a correlation based on the present vehicles in the market?