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
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| Valuation BMW Group | BUSM31 – Strategic Financial Management | 2010-10-27 | Group 14 | | | Tutor: Authors: Måns Kjellsson Daniel Hedevåg Jonas Karlsson Mathias Ljungberg Jakob Tuvehjelm Background BMW is one of the ten largest automobile manufacturers in the world‚ with an annual production of 1.3 million cars (2009). It is furthermore one of the leading manufacturers in the premium car segment. BMW Group brand portfolio includes in addition
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culture at BMW is an anomaly in the car manufacturing business. BMW teaches their employees the history of the company and their mission from day one. Problem times from years past are also told to the new employees. For example when the company was on the verge of bankruptcy in 1959 and was saved by a local business man‚ these mishaps are used as learning tools to stop history from repeating itself. Regardless of your job title all levels work together to create ideas to better the brand and product
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Non-Traditional Marketing Bavarian Motor Work created its BMW Films campaign to be unconventional with its non-traditional marketing. BMW sought out to change its frame of reference‚ for its target market segment; to do this BMW did not rely on deception in its advertising execution. Throughout each of the BMW films the viewer knew that the plot revolved around a BMW vehicle and what the car could do for the actors. BMW has three market segments that create the 7 Series‚ the 5 Series and the
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for Bayerische Motoren Werke AG (Bavarian Motor Works) TABLE OF CONTENTS An overview of Bayerische Motoren Werke AG----------------------------------P.4 BMW – Mission-------------------------------------------------------------------------P.5 Automobile Market--------------------------------------------------------------------P.9 BMW – “The Ultimate Marketing Machine”-----------------------------------P.12 Customer-driven------------------------------------------------------------------P
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focus on expand of the potential market. For example‚ China and Russia. In terms of brand promotion‚ BMW Group‚ will seize the opportunity‚ and vigorously advise and expand public awareness network. At the same time‚ BMW also advertise their ambitions and sense of responsibility to society. In the automotive manufacturing area‚ BMW Group proposed to advertise new product concepts and environmental protection. BMW believes that with further development of the industrial era‚ the traditional energy
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Where the BMW films a good idea? How successful was the campaign? In my opinion‚ the BMW films where a great idea at that specific moment in time. The company had no new product launches to promote. Furthermore‚ budget was available in order to “experiment” new ideas and innovative advertising and promotion actions. With this pure branding exercise BMW had little to lose (mainly money) and a huge deal to win. The campaign proved to be an incredibly successful one. In order to measure and justify
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- Case: BMW Film. Answer the following question: - 1/ Was the BMW film idea a good one? How successful has the campaign been? - 2/ What was the motivation behind the idea? Who was the target market for the BMW films campaigns? - 3/ What should McDowell do? Which option should he pick? Answer : 1/ Was the BMW film idea a good one? How successful has the campaign been? Answer : Definitely it is. Firstly‚The BMW Film ‘ The Hire’ attracts nine million people to view it on
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luxury models‚ such as Lexus‚ Infinity‚ and Acura to compete with European cars made by BMW‚ Mercedes‚ and Audi. In this analysis‚ I’m going analyze BMW and its competitors using Porter’s Five Forces Model and other marketing tools and determine if BMW has a competitive advantage in the market. History The Bayerische Motoren Werke also commonly known as BMW is the world ’s most renowned automobile brand. BMW was founded in 1916. The company’s headquarters is in Munich‚ Germany and the current CEO
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For over three decades‚ BMW built its brand to be synonymous with performance and the driving experience. The brand character and tone (serious‚ focused‚ and engaged) remained unwavering for the most part‚ while drivers enjoyed innovative‚ high-performance-yet-accessible vehicles that connect them with the road‚ rather than isolating them from it. | | | | | BMW created a highly coveted brand franchise by successfully cultivating an extremely loyal following of luxury-performance automobile
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