Back ground
Hindustan Motors Ambassador: It’s the first Indian car to hit the road and is fondly called as “The King of Indian Roads”. The first ambassador was rolled out in the year 1958, and from then onwards this is the only automobile to ply
BMW is in the midst of implementing changes to increase its sales and improve its image in the US market. In this phase BMW should target achieving 100,000 units by the year 1996 in order to hold a competitive place in the US luxury car market. The main problem BMW is facing in the US market is poor customer satisfaction index which is negatively affecting the brand image. BMW should concentrate on improving customer satisfaction by way of investing into opening its own exclusive showrooms in key locations in the US which will serve as an example for other dealers to emulate. By investing in customer experience of buying and owning a BMW car from its dealers the company can achieve its target goal and entrench itself strongly into the US luxury car market.…
Mazda considered it vitally important to strengthen its emotional bonds with consumers in order that they choose a Mazda car from among all the similar competitors. In the face of incentive wars, Mazda needed to build brand equity and decided to move its product lines up-scale. “Niche Marketing” required more uniqueness that pleased a few people intensely, rather than a lot of people, somewhat. Mazda emphasized on Kansei Engineering which stressed on emotional and psychological rather than rational benefits.…
OXANA SRIBNYAK ABSTRACT This paper aims to analyse the MINI’s case study to discover which marketing tools have best served to build a world-class iconic car brand. Using knowledge learned over the marketing course, their current marketing strategy will be analysed in detail. The second part will then critically examine the digital marketing approach of the MINI to answer the question of “what are the benefits to MINI from such a broad approach?” Drawing on the MINI case study, the paper will explore how emotions are used in marketing to build loyalty to the brand. MINI’s successful brand performance, and the spirit created by its brand, the values and beliefs of “typical MINI’s buyers” will be investigated in detail. The paper will also highlight the ethical values of the MINI Company and conclude with opinions about why some car companies put so much emphasis on conducting their business in an ethical manner.…
Hyundai Motor India Limited is a wholly owned subsidiary of the Hyundai Motor Company in India. It is the 2nd largest automobile manufacturer in India. It was formed in 6 May 1996 by the Hyundai Motor Company of South Korea. HMIL's first car, the Hyundai Santro was launched in 23 September 1998 and was a runaway success. Within a few months of its inception HMIL became the second largest automobile manufacturer and the largest automobile exporter in India.…
Positioning is the act of designing the company’s offering and image to occupy a distinctive place in the minds of the target market. The goal is to locate the brand in the minds of consumers to maximize the potential benefit to the firm. The result of positioning is the successful creation of a customer focussed value proposition. Positioning is all about perception. Perception created in consumer mind and target market mind. Trout and Ries defines positioning as a battle mind.…
Ultimately, this report is reviewing about motor vehicle that is recognized in the auto market world that is Hyundai and Honda. Motor vehicle will be the product to be deliberate based on its dependent and independent variable within this report. These reports will intentionally based on the investigation the characteristic that influence the purchase and intention upon the two above brand that is Hyundai and Honda. Throughout the research and analysis, we are able to classifythe consumer relationship between the dependent variable that is purchase objective and independent variables that consist of the product quality, service quality, price, and customer satisfaction and purchase intention.…
While automobiles were introduced to India in the late 1890 's, the manufacturing industry only took off after independence in 1947. The protectionist economic policies of the government gave rise in the 1950 's to the Hindustan Motors Ambassador, which is still ubiquitous in the roads and highways of India. Hindustan Motors and a few smaller manufacturers such as Premier Automobiles, TATA Motors, Bajaj Auto, Ashok and Standard Motors held an oligopoly until India 's initial economic opening in the 1980 's. The maverick Indian politician Sanjay Gandhi championed the need for a "people 's car"; the project was realized after his death with the launch of a state-owned firm Maruti Udyog Suzuki which quickly gained over 50% market share. The Maruti 800 became popular because of its low price, high fuel efficiency, reliability and modern features relative to its competition at the time. Tata Motors exported buses and trucks to niche markets in the developing world.…
Integrated Marketing Communications has been playing a vital role in the automobile industry today. This integration has helped buyers and potential buyers take decisions considering Price, Reliability Performance and at the same time also made it possible for automobile companies to market their products accordingly. In this case as well many of IMC tools have been used to help market Mazda its products and also assisted them to create certain brand image that helped them reaching their target audience. This case study also notes Mazda’s turnaround strategy (1997) which called for change in the positioning of one of their models called the Mazda Protégé. Originally the car was classified as a step up from a compact sedan. Later it was advertised as a car for the young professionals who were in their early 20s to mid 30s making it a cool, hip drive car. However it maintained and retained its compact characteristics of low priced and being fuel efficient. As a part of new strategy Mazda tried focusing on specific features such as air-conditioning, CD players making the Protégé a better value for money vehicle. So when W.B Doner & Co, now known as Doner took charge of Mazda’s marketing, they positioned it as a car also for people who wanted to have a smaller second car.…
The MSIL has a market share of about 55% in the Indian passenger car segment and is the largest manufacturer of small cars in India. The company have been voted as first by Indian customers for level of customer service and customer satisfaction. The company manufactures affordable small cars which serve the needs of an average Indian customer faithfully and hence have a strong brand image as the common man’s car in India, which an average Indian customer identifies with. Such a strong brand image and huge customer base can sustain the position of the company as the market leader in the Indian small car segment.…
A car is bought by buyer it means for transportation and the buyer is buying for purpose of pain and relief at the same time expecting for a monetary safety and harmony of mind. The best practice that can used to market a car is by marketing mix. It consists of product, price, place, and promotion. Product consists of good and services which a business or company offers. Price is which an amount of money pay for a product. Thus, modifying amount for recent competitive and monetary condition and get them keen on line with customer’s opinions and real value of the cars. Place is which available to targeted buyers. Ford dealership were targeted owners and known in a best place to sell their cars. Promotion refers to an activities to communicate the merit of the product and to persuade target customers and example of special promotions is cash rebates. In the customer value and relationship the four P’s will be better if relate with four C’s that are, customers cost and solution, communication and also convenience. This combination can help to do well and build a better marketing mix…
Group 2 presented on the repositioning of the FORD motors in Thailand, the difficulty it faced during the 90’s and the secrecy of success it enjoys in the Thai vehicle market currently. Ford Company started in Thailand in 1960 but then it closed down 1976. The reasons that lead to the cease of operations were felt that it was a mere Thai product which is very inferior quality to the American products though both bear the same name FORD. Even the old advertisement focuses on the local ford company and local populations in Thailand. It was basically like a new Thai automobile company trying to look for market which has no international standards. As a result sales didn’t pick up and ultimate had to cease its operations. The ford company with more determination re-entered the Thai market in 1995 by repositioning itself with a newer advertisement and conceptualizing strategy that Ford Thailand is the same as Ford Company in the UK. The new ad looks at the global campaign than the local Thai market and will not only have increased the sales in Thailand but also in other parts of the world. It repositions itself as the same Ford that is plying on the roads of America. Examples of ford venture and ford focus that is launched in US is also launched in Thailand with the same specification and quality. The perceptual mapping of the Ford Thailand presented as below:…
Intermediate goal: To recover the reputation of the car of a low cost, good quality, safe and resistance to performance in Indian roads.…
Technology and experience: Maruti was the first automobile company established in India and is in operations for the last 33 years. They have established a lot of experience over the period of time. Technologically decently savvy, Maruti has new models coming out with CNG facilities.…
Time and time again BMW has demonstrated its effective marketing mix which is evident in the advertisement below. First let’s break down the Marketing Mix into the four Ps: Product, Price, Promotion, and Place (concept discussed in Chapter 2 and in lecture). BMW manufactures high-quality automobiles which come in a variety of styles and designs. BMW offers everything from small cars to large cars, SUVs, convertibles and motorcycles. The sleek design and sporty appearance of all BMW vehicles has allowed the brand to build an excellent reputation for itself in the luxury car industry. BMW positions itself with the slogan “The Ultimate Driving Machine.” The price of BMWs is on the higher end which is consistent with its positioning as a high quality brand offering cars with superior performance. BMW does not offer large discounts on their vehicles because this strategy would go against their higher price point and positioning for the elite. If an average person could buy a BMW due to allowances or other large deals, that would take away from the brand’s value. In terms of promotion, BMW print advertisements like this one appear in sophisticated lifestyle and business magazines in order to capture their more affluent target market. Since performance is another key aspect, BMW sponsors professional race cars, is promoted at racing events and in other driving publications. Lastly, place, another element in the marketing mix, applies to BMW’s channels. Its vehicles are only sold through BMW dealers or other luxury car dealerships which also offer high-end brands such as Mercedes, Porsche, Audi (not brands like Honda for example). The exclusivity of retailers adds value to this elite brand, emphasizing it’s only for those who desire an “ultimate driving machine.”…
Starting its journey from the day when the first car rolled on the streets of Mumbai in 1898, the Indian automobile industry has demonstrated a phenomenal growth to this day. Today, the Indian automobile industry presents a galaxy of varieties and models meeting all possible…