Preview

Compare Between Bmw and Dacia in Marketing Strategy

Good Essays
Open Document
Open Document
368 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Compare Between Bmw and Dacia in Marketing Strategy
PRODUCT STRATEGY OF BMW
The majority of BMW’s success is attributed to the development of a consistent marketing policy, the 'market niche' strategy. The company has built its brand on four core values, which are:

Technology
Quality
Performance
Exclusivity

BMW has maintained these core values since the company’s inception. Coupled with WCRS (BMW’s advertising agency since 1979), the company has adopted a consistent advertising strategy. In addition to the message of these values being portrayed in advertising campaigns, the company explicitly expresses one or more of these values in all BMW advertisements. However, it is important to point out that BMW also relies on its sensitively to the environment, which is clearly seen by how the company’s advertisements evolved in response to economic, environmental and competitive changes. This design philosophy, which runs through every BMW, has been communicated through a number of TV and print ads. The brand image has been built up by using over 300 color press advertisements, and more recently through a total of 64 different television commercials. Throughout this campaign, BMW has remained consistent to its beliefs of focusing on the substance of the cars themselves.
In addition to the high profile national color press and television advertising, individual dealers are encouraged to run their own local campaigns. Local press, radio and bus advertisements are all available from BMW dealer marketing. Additionally, brochures, price lists and dealership point-of-sale materials are made accessible through the corporate office. BMW encourages its dealers to make use of these services. Providing the dealers with a central source for advertising, BMW ensures that all communications remain standardized as well as maintaining BMW’s brand values.

PROMOTION STRATEGY OF BMW

BMW has embarked on a global advertising campaign. What differentiates this promotion is the fact that it remains consistent throughout the

You May Also Find These Documents Helpful

  • Satisfactory Essays

    BMW case study

    • 679 Words
    • 2 Pages

    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.…

    • 679 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    pharmasim period 4 6

    • 791 Words
    • 2 Pages

    We also decided to increase the amount we were allocating to advertising and promotion in an effort to increase brand awareness. During this period, we also made the decision to switch back to “Brewster, Maxwell and Wheeler,” BMW for our advertising needs. BMW is one of the most expensive however, it is a high quality performance agency when it comes to advertising and therefore we felt that even though it was more expensive, we were getting more for our money with this company. We’ve used BMW in the past and had better results with them versus other advertising agencies. The makeup of our advertising message consisted of: Primary 40%, Benefit – 40%,…

    • 791 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Bmw Film

    • 1465 Words
    • 6 Pages

    2/What was the motivation behind the idea? Who was the target market for the BMW films campaigns?…

    • 1465 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    BMW Harvard Case Studies

    • 836 Words
    • 4 Pages

    Secondly, the launch of Z3 further supported BMW’s effort to reposition their brand from “Yuppie Status Symbol” to their much preferred “Ultimate Driving Machine”. As shown by the BMW Unit Sales History, this campaign was successful in helping BMW increase their unit sales in the U.S. and Worldwide by 10.7 thousands and 16.2 thousands respectively in a year. This is significant as the Z3 helped generate dealer traffic while stimulating interest in other BMW product line.…

    • 836 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    In today’s advertisements many different techniques are used to grab the attention of the audience. Ads in the newspaper and in magazines may seem bland to some readers. Large corporate tycoons tend to adhere to the use of television as the ideal form of communication. Psychologically, bright colors, motion, and sounds help to catch your attention and keep you alert on the product. Whether positive or negative, the commercial most likely has an impact on your view of the product. Marketing in commercials always targets a specific audience to purchase that service or product. Automobile advertisements have had some of the most creative and unique cinematic graphics. In one of the first ever hybrid vehicle commercials in 2004, the Toyota Prius, is presented as a feat of technology here to save the environment using facts and an intuitive commercial along with the background of a city. In the more recent 2010 commercial of the Toyota Prius, an animated style using a happy melody presents the car as a family car ready to take your family to the next eco-friendly step with the background of a forest. Over time Toyota has expanded their clientele by offering a larger fleet of hybrid vehicles and by broadening the commercial’s influence on socio-economic classes.…

    • 1234 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Bmw Films Case

    • 578 Words
    • 3 Pages

    It took the firm about 50 years from its first automobile in 1929 to be firmly established in North America. But right when other Japanese cars entered the market in in the late 1980s, BMW went from one of the most brought luxury car to falling behind Lexus who became the number-one luxury import in the country. The brand had an outdated image and U.S sales went from 96.8 (thousands) in 1986 to 53.5 (thousands) in 1991 supported by Exhibit 1 and 4. But after taking drastic measure of reinvigorate itself in North American by introducing newer models and series that were more suitable for the North American market, a new brand image arose and BMW sales rebounded reach records level from 1996-2001. In 2001, BMW was definitely in its maturity phase where it has enough brand awareness amongst its target market that it didn’t’ need an extravagant marketing budget. In Exhibit 2, out of the luxury brands top 5 highest total sales, BMW was the second most selling brand while only spending half (62.4 million) of its competitors (134-215 million).…

    • 578 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Bmw Case

    • 952 Words
    • 4 Pages

    BMW’s motivation behind the idea of producing the films was one to simply communicate, and focus on “what makes a BMW a BMW”. In fact, there was no product launch to advertise and BMW was able to use this time to shift its strategy from ‘push’ to ‘pull’. The goal of this advertisement was to “produce the most exciting, fun thing people had ever seen come out of their computer”. In terms of numbers, this campaign was used to maintain growth and sales, which had been growing excessively since 1992: from 60 000 units sold to 180 000 units (exhibit 1). In terms of target, BMW wanted to attract younger generations while still keeping its current target audience. This would enable the brand to increase the already high brand loyalty (44.7%, Exhibit 8a), by getting customers from a younger age, and therefore following them throughout their lives. In terms of image, the goals of this campaign were to strengthen the company’s brand image in luxury segment, and differentiate it from other competitors.…

    • 952 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Today's world is bombarded with advertisement and is represented in all forms of media for all types of products. Although advertisement is an important asset to a business success, what you see is not always what you get. A dominant product of mass consumption in the advertisement business is the automobile industry. Car advertisement will greatly influence one's decision in buying a vehicle. The messages behind each ad have an impact on consumers and concern facts such as high performance, family satisfaction and the desire of living youth. Through this essay, the messages that car advertisement companies communicate using such issues will be analyzed in depth.…

    • 876 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Bmw Market Share

    • 708 Words
    • 3 Pages

    "With many fleets offering employees a wider choice of company car, drivers are looking to obtain as much car as they can for their money and that is playing to BMW's strengths."…

    • 708 Words
    • 3 Pages
    Good Essays
  • Better Essays

    BMW Group Analysis

    • 922 Words
    • 4 Pages

    BMW group is focused on fabricating a variety of tangible products, and also the group has many intangible financial services. BMW is supported by 11 different model series which are: BMW C1, BMW 1 series, BMW 3 series, BMW 5 series, BMW 6 series, and BMW 7 series, BMW X 3, BMW X 5, BMW X 6 and the BMW Z4, BMW M5, BMW M6, and BMW Z4 M. The statement is being provided by BMW group states that the BMW offers emotional product to the customers this could be seen or felt with their current marketing strategies also with their SWOT analysis, PLC and as well as Research and Development. BMW’s mission statement is clearly defined as “To be the most successful premium manufacturer in the industry” (www.bmw.co.uk). The main reason of BMW’s success is recognized by the development of a steady marketing policy.…

    • 922 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    Bmw-Advertising-Strategy

    • 817 Words
    • 4 Pages

    Consistent marketing policy, the 'market niche' strategy Branding based on four core values, which are: Technology ,Quality, Performance & Exclusivity Message of these values being portrayed in advertising campaigns BMW ads and campaigns are in response to the social, economic, environmental and competitive changes Providing the dealers with a central source for advertising, BMW ensures that all communications remain standardized as well as maintaining BMW s brand values. BMW also relies on its sensitivity to the environment…

    • 817 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Top Gear and Shell

    • 668 Words
    • 3 Pages

    The brief was for an interactive cross media campaign that would engage car enthusiasts whilst promoting Shell’s products and services to escalate their perception versus their competitors.…

    • 668 Words
    • 3 Pages
    Good Essays
  • Good Essays

    BMW CSR Assignment

    • 3003 Words
    • 11 Pages

    To better understand BMW today you have to know and understand BMW history. The last century gives the “flavor” of today’s BMW cars, the ingredient that makes them so special. This “special” can be almost seen as the soul of a person. BMW cars have an unmistakably personality and an obsessive care about the feeling of driving, thus their slogan "the ultimate driving machine". This creates a bond between the car and the driver that may last for a lifetime.…

    • 3003 Words
    • 11 Pages
    Good Essays
  • Good Essays

    BMW’s marketing efforts have gone through trial and error to create and sustain the brand position and image that it has today. As a global seller of high end luxury cars, BMW is in a competitive industry where strategic marketing activities are a key aspect in setting a company apart in an industry. For this particular case, BMW’s Jim McDowell sits in front of a very important decision on what his next step will be in following their “The Hire” short film series marketing campaign. In making this decision, many factors have to be taken into consideration. One is whether a traditional or nontraditional approach is needed. Another is making sure that the decision builds or at least compliments the BMW brand positioning; and also the aspect of competitor reaction and tactics must be taken into consideration so that BMW can take advantage of any open marketing tactic opportunities or learn from the mistakes of their competitors.…

    • 1122 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Internal Analysis on Bmw

    • 427 Words
    • 2 Pages

    Marketing strategy design success is crucial for BMW’s success. It cannot be separated from its success in brand…

    • 427 Words
    • 2 Pages
    Good Essays