Preview

Five-Part Short Film Series, the Hire: Case Analysis of BMW

Good Essays
Open Document
Open Document
1985 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Five-Part Short Film Series, the Hire: Case Analysis of BMW
BMW Case After regaining their market share in the North American Auto market BMW was able to gain more traction with their 5 part short film series titled
The Hire
. This series followed a professional driver in a BMW helping different individuals escape various situations. After released the films showed huge success and garnished several positive reviews but also presented BMW with a problem. With many viewers of
The Hire series asking for more short films and even some asking for a full length film what is the best option for BMW to take in order to one, maintain the market share they have gained through the series, and two, continue to increase their general market share. Four options have been set out by BMW as logical next steps for the auto manufacturer. As already stated two of the options is to either release 5 more short films before there are copycat films made by other manufacturers or to create a full length film under the same premise. Continuing, another route that BMW can take is try and “milk” their first series of short films and try to further their market share generated through those films. Lastly BMW could do nothing in terms of
The Hire but instead go back to their traditional marketing techniques and leave the short film technique as a success and not continue. However BMW will have to choose the correct path and choose quickly as their competitors will be trying to regain the market share that BMW may have stolen from them. In early 2000 BMW had a six month window with not one future products being launched an opportunity presented itself for BMW to launched a non traditional marketing campaign not focused on one individual product. After deliberation BMW decided on a viral marketing campaign with the ending result being the short film series
The Hire starring their

own 7 series. BMW is now faced with the problem as stated earlier on how to go forth after such a success. One problem facing BMW is

You May Also Find These Documents Helpful

  • Satisfactory Essays

    BMW case study

    • 679 Words
    • 2 Pages

    The goal BMW should strive to achieve is to sell 100,000 units by end of the year 1996 which translates to about 10% year on year sales growth from the year 1992. This goal also means BMW gets about 8% market share of the luxury automobile sector in the year 1996 considering 3% annual growth rate in the luxury segment. This goal is realistically achievable given that the efforts of the ‘Second Great Opportunity’ have already started yielding results with a 23% unit sales increase for the year 1992. This is also very important to have this goal in order to keep up the momentum gained by the recent revamped advertising campaigns and strategies implemented. There can be an argument to make the goal as to increase market share to 10% but to achieve this figure the number of unit sales needed is higher than the capacity of BMW to produce vehicles and makes it come close to a mass producer which is clearly not in the BMW’s global strategy.…

    • 679 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Bmw Film

    • 1465 Words
    • 6 Pages

    Additionally, there is also a trailer can be viewed on tv, but if audience want to watch a full-version, he must go to BMW film official website which is indicated at the end of trailer. This obviously increase the volume of the visitors to the site and draw their attention on a frequent base.…

    • 1465 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    As Lewis points out, the studio films of the 1980s and 1990s were put together as packages based more on profit than artistry, while the marketing and promotion resembled that of a political campaign, with as much as one-third of the budget going to advertising costs (2008, p. 399). Today, however, with no norm being the norm, especially in the realms of financing and marketing, films are advertised and distributed individually--sometimes based on the target audience or projected success of the film--in arrangements worked out by the studios, producers, and…

    • 740 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    1) List 3 ancillary products will you create for this movie, give the pricing and target market.…

    • 333 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    BMW Harvard Case Studies

    • 836 Words
    • 4 Pages

    Firstly, the launch of the BMW Z3 is significant for the company as it helped the company inch closer towards their long term goal in becoming a global brand. Prior to the introduction of BMW Z3, the most common mindset of the general public about BMW is that the superior quality of their products are due to the fact that it was made in Germany. With the Z3 manufactured in Spartanburg USA, BMW can show that they can be a successful global company by manufacturing at strategic locations even when it’s not in Bavaria. Furthermore, this launch had helped people to associate the quality of BMW’s product to the company itself rather than its manufacturing location.…

    • 836 Words
    • 4 Pages
    Satisfactory 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 FILMS

    • 565 Words
    • 2 Pages

    BMW has many strong competitors and almost lose America market in 1992. BMW took many actions such as introduce new models, change price strategy, expand dealer network, and introduce new series. These actions were helpful for BMW’s brand and sales. They sold 200,000 cars in 2000, and reached record levels in the U.S. by 2001. The company took 2% market shares.…

    • 565 Words
    • 2 Pages
    Good Essays
  • Good Essays

    BMW's Product life cycle.

    • 644 Words
    • 2 Pages

    any product has four stages of life cycle: introduction, growth, maturity, and decline. However, this concept does not quite fit with BMW's products. Jim McDowell, vice president of marketing at BMW says " If a product is declining, we would prefer to withdraw it from the market, as opposed to having a strategy for dealing with the declining product," In other words, Maturity and Decline stages do not usually exist in BMW's product life cycle. Before a product reaching the Maturity stage that characterized by decreasing sales rate and declining profit, BMW pulls it out from the market. BMW cars typically have product life cycle of seven years. As we see in Figure 11-1 any product has bell-shape curve of duration of life cycle, but BMW cars has half shape life cycle, including introduction and growth stages. Thus, the best sales number is often achieved in sixth or seventh year after product introduction.…

    • 644 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Bmw Films Case Analysis

    • 3490 Words
    • 14 Pages

    After analyze the data I found that viable option for management should do after very successful BMW films campaign is to utilize the film more by spreading and make more people see the film. We also can make people get DVD of the film if they go to the BMW dealer and this will show how we improve our dealer. This will only last for short term since the impact will be decrease as time goes by.…

    • 3490 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Business Level Strategy BMW BMW’S Primary Business Lines (http://www.marketlineinfo.com/library/iProduct_toc.aspx?R=6A41C0F5-51FC-4B71-AF83-0B9F412CB891) The company generates revenues through three business divisions: automobiles (78.0% of the total revenues during fiscal year 2006), financial services (20.2%), motorcycles (1.8%). BMW focuses on the premium segments of the global passenger car and motorcycle market. The company also provides financial and information technology services. BMW, through the Softlab Group, offers information technology services such as customer relationship management and supply chain management. The company markets its vehicles through company-owned showrooms, independent dealers, subsidiaries and importers. It manufactures its products at 23 production and assembly plants in 13 countries on four continents and sells it in more than 140 countries worldwide. BMW operates through three business divisions: automobiles, motorcycles and financial services. Automobiles The automobiles division develops, manufactures, assembles and sells passenger cars and off-road vehicles under the brands BMW, MINI and Rolls-Royce. It also sells automotive spare parts and accessories. In Germany BMW and MINI brand products are sold through company owned outlets and independent dealers. The company sells passenger cars outside Germany through subsidiaries and independent importers. In FY2007, the company sold 1,500,678 BMW, MINI and Rolls-Royce brand cars, an increase of 9.2% compared to 2006. Motorcycles The motorcycles division develops, manufactures, assembles and sells BMW brand motorcycles as well as spare parts and accessories. This division also offers motorcycle equipment such as luggage systems, heated grips, windscreens, chrome valve covers, satellite supported navigation systems, special seats and onboard computers. In addition, the company's motorcycle division also sells helmets, motorcycle suits, boots and gloves.…

    • 793 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The causes and consequences of BMW’s quality problems with newly launched products were plentiful and apparent all throughout the case study. For instance, BMW does not use pre-production tools during prototyping. This significantly lowers their opportunity to discover and fix quality problems earlier in the production process. Secondly, they let suppliers have a say in development after “cubing” has occurred. Unfortunately, if suppliers come across problems during the first production, they often don’t have enough time to fix it before new model introduction. Finally, when BMW starts the first commercial production of a new model, it produces the new series on the same production line as the old models thus causing greater confusion with more complicated and complex logistics.…

    • 851 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Lastly, BMW also focuses on high-quality but practical products which meet the demand of consumers and are highly competitive with other auto producers. The company’s near-failure from producing impractical and expensive cars during the postwar time in 1959 was a big lesson for them. This near-failure is always retold and mentioned in all new orientations for the new associates. It helps to remind all employees at BMW of a lesson learned for the company in developing its plans in the future and ensuring that kind of mistake should never happen again.…

    • 742 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Internal Analysis on Bmw

    • 427 Words
    • 2 Pages

    BMW has always been premium brand oriented company. It manufactures three brands in BMW, MINI, and Rolls-Royce. These brands occupy various high-end market segments from small car to luxury premium car. This leads to BMW become the only both premium car and motorcycle manufacture. Each brand within BMW has its own clear brand image. Its products have rich product connotation in aesthetic and dynamic design, dynamic performance, technical content, and overall quality. Thus, it can provide customer with practical value. Build on this basis, BMW can expect higher margin and continuing to maintain profitable growth, and ensure its independent status.…

    • 427 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Follow Me Shampoo

    • 7896 Words
    • 32 Pages

    Fascination BMW Group ................................................................................................................... 06-07 Our Worldwide Network .................................................................................................................... What drives BMW Group associates*. 08…

    • 7896 Words
    • 32 Pages
    Good Essays
  • Powerful Essays

    Huawei Annual Report 2013 EN

    • 50802 Words
    • 525 Pages

    Huawei Investment & Holding Co., Ltd. 2013 Annual Report Contents Letter from the CEO 2 Letter from the Rotating and Acting CEO 10 Business Highlights in 2013 14 Five-Year Financial Highlights 15 Letter from the Chairwoman 16 Core Values 20 Management Discussion and Analysis 21 Industry Trends 49 Independent Auditor’s Report 54…

    • 50802 Words
    • 525 Pages
    Powerful Essays