Case Write UP on BMW 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
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BMW EXTERNAL FACTORS EVALUATION (EFE) OPPORTUNITIES No FACTORS WEIGHT RATING SCORE 1 People nowadays that concern about comfortable‚ style and satisfaction 0.15 4 0.60 2 Regular or loyal customer towards brand 0.01 2 0.02 3 Low cost of labor 0.05 4 0.20 4 Well known car brand 0.03 3 0.09 5 Offer more model according to customer capability 0.03 4 0.12 6 Demand from customer increase 0.03 1 0.03 7 The development in communication and technology 0.02 2 0.04 8 Unemployment rate declined 0
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SITUATION ANALYSIS: CURRENT MARKET POSITION: • • • • • • BMW has achieved market leader position in the luxury car segment for 2 nd consecutive year. 43% of market share in luxury car segment. 73% growth over 2009. Sales of 6426 units in 2010. Archrival Mercedes Benz sold 5819 units. Presently employs 400 people. Present in 20 locations across India. Launch Date: 23rd December 2010 Models: X1 sDrive 1.8i X1 sDrive 2.0d X1 sDrive 2.0d Exclusive Price: 22 Lakhs-32.5 Lakhs JOY IS WHAT YOU
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Competitors- High . BMW have got a lot of competitors . The biggest rivalry is a Mercedes. Both company aiming on the same customer group and have got nearly same quality of cars. Also there is threat form Audi ‚ Lexus ‚ Volkswagen and Reno .But BMW still holding one of the leading place in car industry ‚ because of their established brand ‚ good service and huge amount of innovations. Power of buyer –High. Buyers have got a lot of power over the production of the BMW‚ because car market is
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cASe Study BMW South AfricA Wireless Solution helps Car Manufacturer’s Logistics Management reduce Inventory Levels and keep more Accurate Stock Records Based in rosslyn Pretoria‚ BMW South Africa (SA) produces most of the 3 series BMW’s (right and left hand drive) at a volume of approximately 200 units per day. A large percentage of these vehicles (over 70%) are exported to the united States‚ Australia‚ New Zealand‚ Japan‚ the uK‚ Singapore‚ taiwan‚ and Germany. An efficient and effective
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Assignment 3 – BMW: The Hire Series Submitted by: Chaitra B PGDM No: 10014 What? The eight short-film series on the internet by critically acclaimed Hollywood directors effectively revolutionized the world of interactive entertainment‚ while showcasing the absolute limits of automotive high-performance exclusive to BMW. Over 100 million film views and numerous awards later‚ The Hire film series served as further proof that when it comes to innovation and technology‚ BMW has always been ahead of
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Marketing in MBA Marketing Analysis for BMW 1. Market Segment BMW focuses on the luxury/performance segment of global automobile business. BMW’s main markets are in Germany‚ Great Britain‚ Japan‚ Italy and France‚ while the United States is its critical market. 2. Customer value proposition BMW is neither a boutique‚ offering one or two specialty models‚ or the producer of several million automobiles a year with some sold through a luxury car division. Nor is it a vast conglomerate with
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words the critical success factors of a successful logistics operator and how can competitive edges can be maintained in such a volatile market with basically no barrier in entry. You may quote an actual/real life example to support your arguments. Please either research or create a Vision Statement for a successful logistics operator and brief explain to what extent it helps in sustainable business growth. What are the Critical Success Factors in Logistics? Critical success factor (CSF) is the term
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Introduction: In this paper‚ I will cover a SWOT analysis for BMW‚ which will identify the capabilities that BMW have that will enable it to sustain a competitive advantage in the automobile industry. In order to analyze BMW itself‚ I had to analyze the industry and it’s complexities first. Automobile Industry Structure: Automobile industry has changed a lot in the last four decades especially in the period extending from 1990 to 2000. Consolidation was moving forward fast and six international
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self-confidence is the most important factor for success. Those who advocate the idea that self-confidence is the most significant element required in success believe that without self-confidence‚ people even don’t have the courage to face the problem. But people who criticize the ^ the idea contend that self-confidence is not the determinant factor for success‚ on the other hand‚ maintaining self-confidence is a critical but not the most critical factor for success. While it comes to me‚ I support the
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