Analysis of marketing theory and practice by critically evaluating and appraising the marketing strategy of a company of choice. By Declaration of Originality Declaration of Authenticity; I declare that the work in this report/submission is the original work of the signatories below‚ except where fully and properly referenced. Surname First Name Student Number Signature 1 Date due: ______________ Hand in date:
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illustrate the connection‚ the first one being brand awareness and the fact that you are probably aware of what brand this coursework will be covering. The Bayerische Motoren Werke‚ also known as (BMW) is considered one of the world’s most successful automobile manufacturer‚ with three premium brands - BMW‚ MINI and Rolls-Royce. The group was established in Munich on the year of 1916 as an aero-engine manufacturing company‚ and from the very start it was setting its high standards and innovation culture
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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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Case 2 focuses on the Bayerische Motoren Werke (BMW) Company. My analysis will define each of the company ’s strengths‚ weaknesses‚ opportunities‚ and threats as brought about within the case as well as through additional research. The history of the Bavarian Motor Works is a history of innovation‚ dedication and determination. These achievements are reflected in the BMW emblem‚ symbolizing a rotating airplane propeller from BMW ’s early years as an aircraft engine manufacturer. Today‚ the emblem
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rumours in the automobile industry suggested BMW may exit the US market. In the ten years from 1991 to 2000 however the company rebounded and by 2000 annual sales had reached record levels of just under 200‚000. This impressive turnaround was achieved through introducing new models‚ an aggressive pricing strategy‚ re-organising the dealer network and adapting the cars to the American market. The cars were marketed at very specific target audience. BMW had identified their target customer segment
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Product differentiation is one of the strategic elements of products marketing. In order to understand that process‚ I chose to focus on skin care products and more particularly on Chanel ’s products. "Gabriele Chanel was born in 1883 in Saumur‚ France. She adopted the name of "Coco" while she briefly worked as a cafe and concert singer from 1905 to 1908. First a mistress of a wealthy military officer then of an English industrialist‚ she drew on the resources of these patrons in setting up a
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INTRODUCTION The BMW Group is a manufacturer of luxury automobiles and motorcycles. It has 24 production facilities spread over thirteen countries and the company’s products are sold in more than 140 countries. BMW Group owns three brands namely BMW‚ MINI and Rolls-Royce. This project contains detailed information about the marketing and promotional activities of BMW. It contains the history of BMW‚ its evolution after the world war and its growth as one of the leading automobile brands. This project
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[pic] BUSINESS STRATEGY EVALUATIONS OF BMW Prepared by |Mr. Yi Ze‚ Li ( Tommy ) |ID. 5237802 |SEC. 471 | |Ms. Kidtaya C. |ID. 5225103 |SEC. 471 | |Ms. Meng-Chien C. |ID. 5135116 |SEC. 471 | IN PARTIAL FULFILMENT OF THE REQUIREMENTS
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HBS CASE: BMW FILMS 1. How fit is the BMW brand at the time of the case? Are there any reasons to anticipate undesirable financial performance in the future? Answer: Before the mid-1970s‚ BMW had been regarded by most Americans as a niche foreign car manufacturer. However‚ in the late-1970s‚ BMW had emerged as on of the hottest luxury brand in North America. BMW has many strong competitors and almost lose America market in 1992. BMW took many actions such as introduce new models‚ change
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The History of BMW The name BMW came from Karl Friedrich Rapp‚ who was a Bavarian but well known as an engineer in 1916. BMW stands for Bayersiche Motoren Werke (Bavarian Motor Works) and its first appearance was actually in an aircraft engine. In 1917 this 6 cylinder Type IIIa went into production. When the Treaty of Versailles was signed and it forced them to stop production because it prohibited BMW from making aircraft engines in 1919. So they started to build air brakes for railway cars
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