Friday, 16 July 2021

Women in the driver's seat- Seeing the road ahead

" Women in the driver's seat"- this tagline is though practical but in reality society fails to understand it and those who understand it are leading the market.

 

The gender gap on Indian roads is rapidly decreasing. Like other roles, women in India are taking the wheel in larger numbers - drift that happened - probably can be attributed to several factors, including rising education and increased career opportunities.

The growth spurt in women drivers has prompted car makers to innovate and design vehicles to suit women's preferences.

In gender-based auto needs found that women today play an important role when choosing and in some cases, even buying the family car.

 “As women become the dominant car buying segment, auto makers and suppliers need to change their product development strategy”, advises Olivia Price-Walker, Frost & Sullivan Visionary Innovation Senior Consultant. “The rise of the female car purchaser is impacting OEM strategy and broadening some car categories. We believe OEMs will win by developing products and strategies that are directed at women.”

 

Also, considering women on the driver seat companies tend to come up with features which are women centric. Study has identified eight key design trends of female consumer vehicle preferences:

•        A customized, spacious cabin

•        High visibility around the vehicle and a sunroof

•        Green credibility and low CO2 emissions

•        Intuitive controls

•        Wellness features

•        High quality materials (e.g. leather seating)

•        Auto assist functions (e.g. park assist and sensorial doors)

•        Personalization options (e.g. special pedals for long heels)

 

But are we into giving a better customer experience when we enter the showroom?

You do not have to look far to find women who have had a bad car buying experience. "One of my friend was buying a car recently, and she became more and more irritated because the car salesman was talking only to her husband. So she said, You know, I feel like you're not paying any attention to what I say.'" The car salesman, surprised, insisted he was paying attention to her. "Oh yeah?" she replied. "What's my name?" The dealer--who had made a point of using her husband's name repeatedly--was speechless."

 

Just a incident that also portray poor selling strategy or a poor sales pitch that was never modified. It could also be stereotypical influence of society that men will only buy car forgetting the point it could be opposite if not that most men are influenced by women choices.

Men and women communicate differently and can misunderstand cues and singles differently. Car dealers don't have to offer cookies and manicures to improve the buying experience. The most important thing they can do is change the way they listen.

Mostly, women like to tell stories. We don't talk in bullet points. When we come in to get  car serviced, we want to tell you the whole history. But men tend to interrupt and cut to the chase, and that makes us feel bad, like they're not respecting us.

Will better listening work to increase sales?

Understanding women psychology many online landscape offers female oriented review sites assisting women with accessing information and transparency on car buying (Truecar), car reviews, and driving tips (VroomGirls).

The consciousness of the female buyership does not end in the showroom: Currently one of the lowest global industry averages for diversity at 18 percent, the automotive industry will proactively hire women at all levels.

Toyota is the most popular brand among women , followed by Honda, Ford , Chevrolet and Nissan.

Meanwhile, a major percent of all MINIs are sold to women. The English brand is followed by Kia, Honda, and Nissan.

Clearly, women represent a substantial market for automakers, which justifiably invest more and more time and financial resources to win them over. Nowadays, women are synonymous with profits. So, gentlemen, don't be offended if you go to a car dealership and the sales representative focuses on your significant other. It's just that they've finally realized her major role and influence in the shopping process and, ultimately, your purchase decision.