Preview

International Marketing

Satisfactory Essays
Open Document
Open Document
626 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
International Marketing
Chapter 10
Brand and Product Decision in Global Marketing
Case 10-2 the Smart car

1. What is Smart`s competitive advantage? Its brand image? * Smart`s competitive advantage is a eco-friendly car with a specific emphasis on fuel economy and parking ease. This car is efficient and affordable. Their conception is providing tiny high-class quality cars with almost no damage on environment. They also give the opportunity for customization by switching the panels on the car. Their brand image is the same as the name of the car. My impression of Smart is an elegant and clever car, and their giving the vehicle a luxury image by using Mercedes-Bens. 2. Assess the U.S market potential for the Smart. Do you think the car will be a success? Why or why not?
The economic crisis has strongly affected American people. This car may appeal to people who are struggling financially and can’t afford an expensive vehicle, but still wanting a stylish and efficient car. Since the gas prices are growing they may want to buy an electric engine Smart car which requires little gas. In a world where we are concerned about global warming the demand for eco-friendly cars is increasing. I think the car will be a success by the reason that the producers take social responsibility, and they are moving along with trends. It fits people in everyday life, and people in U.S use their car literally everywhere.

3. Indentify other target markets into which you would introduce this car. What sequences of countries would you recommend for the introduction?
Target markets could have been people with several family members, who drive a car daily, elderly people and students who live in cities. These markets could be ypeople who drive in cities with traffic jams. It could be in cities where people think about being eco-friendly, and how the use of car is affecting in global warming. I would have recommended this car in well-developed countries in cities with high-population

You May Also Find These Documents Helpful

  • Better Essays

    The company image is linked to the go green movement throughout the country. If it can be shown to potential customers the environment is a major concern, it may bring more business. Alternative fuel vehicles are linked to improved air quality, renewable fuel sources, and decreased dependence on imported oil. When the vehicles produce lower emissions, they lower the company’s carbon footprint. The fact that alternative fueled vehicles and hybrids use fewer oil products also helps to reduce the national dependency on imported oil. With the air quality and oil…

    • 1880 Words
    • 8 Pages
    Better Essays
  • Good Essays

    Sangar case

    • 735 Words
    • 3 Pages

    Based on sales to date, the segmentation of U.S buyers is seemingly a very “niche” market as it is segmented to middle aged, large income, warm urban or suburban climates. U.S consumers are wary/unaware of the new technology, which makes them apprehensive to purchase them, especially at the high prices they are being sold for (ie. They aren’t fully aware of how much value the technology adds to the car, so aren’t sure if they are even fairly priced).…

    • 735 Words
    • 3 Pages
    Good Essays
  • Good Essays

    BMW CASE ANALYSIS

    • 706 Words
    • 3 Pages

    To deliver the message to the gonna-be dudes that BMW is a cutting-edge brand and that it is not a car for your parents, it is a car for you, since the more associated a brand with the aging generation, the more repulsive the young generation feel about the brand.…

    • 706 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    According to the Wall Street Journal, the amount of global automotive will have a 4% growth in 2014, while the American and European markets also have 3% growth in 2014 (2014). This means that the slow recovery of the global economy will drive the automotive consumer over global. With oil prices rising, more people are favoring economical vehicles, such as electric hybrid. Ford expects electric hybrid cars will occupy 20-30% of the car market next decade, therefore, Ford, Toyota, Nissan and other major car companies have launched their own electric hybrid car.…

    • 1456 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Fiat External Environment

    • 1096 Words
    • 5 Pages

    Despite the American notion of fast muscle machines, there is a growing demand for the economically conscious vehicles. Rising cost for fuel and more demanding regulations for emissions will likely increase demand for the types of vehicles FAIT is providing and the new, leaner Chrysler is producing. The wave of hybrid models and fully electric vehicles already in FIAT''s stables may give FIAT the leverage it is seeking and hoping on, in the American market.…

    • 1096 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Question

    • 305 Words
    • 2 Pages

    6. Discuss fully which, if any, element of the marketing mix is the most important in the successful marketing for family cars.…

    • 305 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    El G20 es visto como un automóvil atractivo y exitoso. Muy bien posicionado junto a otras marcas de la gama como BMW y Honda 2. Infiniti promoted the G20 as a Japanese car (basic version $17,500) with a German feel, basically a car that was like the BMW 318i ($20,000), but lower priced. Is this a credible claim, given the perceptions and preferences of the respondents? Los 2 principales competidores del G20 son BMW 318i and the Honda Prelude. Es una difícil tarea promocionar el G20 sobre el BMW 318i en alto prestigio y atractivo; este último punto punto es subjetivo y los gustos del público pueden cambiar fácilmente. El prestigio del auto puede ser promocionado, pero con menor precio del G20 vs BMW, el público podría percibir que el auto más caro es el que más prestigio tiene. De acuerdo a la data y en comparación con el BMW 318i, el G20 tiene menor precio, elevado ahorro en combustible y larga garantía. Promocionar estos puntos del mercado el G20 tiene un gran valor sobre el BMW 318i es la mejor solución y puede ser muy bien apreciado por los consumidores. 3. Which attributes are most important in influencing preference for these cars in the three segments (S1, S2 and S3) shown on these maps? To which segment(s) would you market the Infiniti G20? How would you reposition the…

    • 1967 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Land rover case

    • 1155 Words
    • 4 Pages

    1. Why is Land Rover North America, Inc. launching the Discovery? 
 The successful of Japanese 4x4 proved the market potential for Discovery.
 Discovery targeted the segment of young, affluent, childless adults that wanted a vehicle to indentify with their images; another segment is conservative buyers such as family buyers and traditionalists who valued the safety and stylish of Discovery.
 The segment was in hot growth in the US.
 Fitted the trend of comfort and safe to drive.
 Discovery already had proven success in UK.
 
 
2. Why do people buy SUVs? 
 SUV was perceived safety than other vehicle.
 People liked its uniqueness, different from ordinary cars.
 It symbolized status.
 It is comfortable to drive.
 According to the Truck Study done by Maritz in 1997, the most important attributes for SUV were quality, safety and performance. The status weighted less important in the study. 
 
 
3. What is the typical SUV target consumer and what is this changing? 
 The first segment is young, rich adult with no children. They like the product to state their accomplishments and images. They like to be different from others.
 The second segment is conservative buyers, who preferred vehicles that are smart and…

    • 1155 Words
    • 4 Pages
    Powerful Essays
  • Satisfactory Essays

    Mercedes Canada Smart Car

    • 1489 Words
    • 6 Pages

    Building on its success in the European market over the past few years, Mercedes-Benz Canada has launched the Smart Car in Canada! Following a few modifications to meet Canadian safety and emission standards, Mercedes-Benz is currently selling the Smart in Ontario as a trial before a full North American launch the following year. The Smart is unique - almost revolutionary in the auto market. The people at Mercedes believe that the market for the Smart is untapped with virtually no direct competition in North America. Mercedes desires to be the first to market before the competition launches a competing niche vehicle in the competitive North American Market. However, GM, Suzuki, and Toyota have already launched their micro compact cars in the Canadian market.…

    • 1489 Words
    • 6 Pages
    Satisfactory Essays
  • Good Essays

    Bid Case

    • 1616 Words
    • 7 Pages

    Marketing to the American public should have a two-pronged approach. Part one is to target the baby boomers born between 1945 and 1964, who have the income to purchase electric vehicles. The majority of patriotic “buy American” baby boomers who are reluctant to buy foreign vehicles are now out of the new car market. Their population is approximately 78 million. The electric vehicle will appeal to them because they are typically local drivers and extended trip range is not necessarily a deal breaker for them.…

    • 1616 Words
    • 7 Pages
    Good Essays
  • Satisfactory Essays

    Chrysler Case Study

    • 284 Words
    • 2 Pages

    Internal Efficiency – Chrysler Line-up condensed to four vehicles Brand Identity – Revitalize the brand (acquisitions distorted brand)…

    • 284 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Smart Car Analysis

    • 1149 Words
    • 5 Pages

    ALTHOUGH THE CRITERIA OF COMPETITIVE POSITION CAN BE USED DUE TO THE LOW NUMBER OF COMPETITORS, THE EXPECTATION OF MARKET GROWTH WILL INFLUENCE COMPETITORS TO ENTER THE MARKET. THEREFORE, THE FIRST CRITERIA USED TO ASSESS THE ATTRACTIVENESS OF POTENTIAL MARKET SEGMENTS WOULD BE THE EXPECTED GROWTH. THE SIZE OF THE MARKET IN THE SEGMENT WILL CONTINUE TO GROW SIGNIFICANTLY. AMERICANS HAVE MANY REASONS TO START LOOKING TOWARDS SMALLER CARS; SOARING GAS PRICES, ECONOMIC DOWNTURN, CONGESTION, AIR POLLUTION AND PARKING LIMITATIONS/DIFFICULTY. ALSO, AS TECHNOLOGY ADVANCES SYSTEMS AND PRODUCTS SEEM TO GET SMALLER. THE KEY TO MARKET SUCCESS IS THE REALIZATION BY AMERICANS THAT SMART CAR CAN ADDRESS MANY FACTORS ENVIRONMENTALLY AND ECONOMICALLY. MANY CONSUMERS ARE NOT AWARE OF THE ASPECTS AND FEATURES OF SMART CAR. SMART CAR ENCOMPASSES INNOVATION, INTELLIGENCE, FUNCTIONALITY, FUEL EFFICIENCY AND MOST OF ALL SAFETY IN ITS SMALL DESIGN. IT IS ALSO MADE OUT OF RECYCLABLE MATERIALS TO BE ENVIRONMENTALLY RESPONSIBLE. THE CAR CAN BE PARKED UNIQUELY IN AREAS THAT REGULAR SIZED CARS CANNOT HOLD. THE SMART CAR WILL BE A ‘TRENDSETTER’ FOR SMALL CARS.…

    • 1149 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    The Smart car is definitely one of the best inventions of the century. It is probably one of the best businesses in the world that generates high profits while materializes environmental conservation visions. The Smart car is an incredibly tiny car that is made of plastic body panels and a reinforced steel shell, which means less energy and heavy-industrial raw materials required in the process of manufacturing them. The best feature of this car is its excellent gas mileage. In other words, the Smart car is fuel efficient, which not only helps the car owner save money on fuel, but also lowers the CO2 emission from burning the fuel, thus greatly contributes to the conservation of the environment.…

    • 253 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    The Smart Car

    • 3252 Words
    • 14 Pages

    Many businesses are planning to lease these vehicles for short errand trips. It is also consider a much safer car than other hybrids. With a Tridion stability cell that is almost indestructible and braking systems and technology that is normally in high end luxury cars it has a chance to make an impact in the USA. The only obstacle it faces is the price. With other hybrids coming much cheaper and with more space it has to prove itself to be the better accommodation than the others.…

    • 3252 Words
    • 14 Pages
    Powerful Essays
  • Better Essays

    Luxury Cars Research Paper

    • 1814 Words
    • 8 Pages

    technology, and superior design. These qualities are needed for the car to be considered good but…

    • 1814 Words
    • 8 Pages
    Better Essays