INVESTIGATING PRODUCT LAUNCH BMW X1 AND MARUTI SUZUKI KIZASHI A REPORT BY – GAURAV PRAKASH JOSHI MSc BUSINESS DEVELOPMENT SEPTEMBER 2012 EXECUTIVE SUMMARY This report explores two product launches in Indian automobile market in the year 2011. The India launches of the BMW X1 and Maruti Suzuki Kizashi are the perfect examples of contrasting product launches of the previous year. The research
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2011: +10% vs. 2010 +10% 2‚711 **US DATA BMW group includes: Rolls Royce‚ Mini & BMW brands • Mercedes: 1.6% • Audi: 0.8% • Porsche: 0.2% • Jaguar: 0.1% • BMW group: 1.7% Objective + 0.1% Market share BMW group in mature markets and gain presence in growth regions Financial Objectives* 1‚212 1‚002 • EBIT margin: 8% - 10% • Pre tax return on sales: 7% • Gross margin: 15% • Net value added: +40% 2010 2011 *BMW group includes: Rolls Royce‚ Mini & BMW brands 2008 2009 Others include:
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CONTENT Part A Introduction 4 Current situation analysis 5 SWOT Analysis 5 Marketing mix 6 Competitor Analysis 9 Targeting segmentation analysis 9 External analysis 10 Part B 12 Introduction of digital market 12 Approaches of digital marketing and the relevant benefits 12 Part C 16 Definition of brand 16 How to create the strong brand value 16 Part D 19 Introduction of ethics 19 The ethical marketing of Mini 20 Conclusion 21 Reference 22
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The cars I chose are as follows: Audi BMW Mercedes Ford Volvo Lexus Subaru Mazda Honda Toyota AUDI For decades‚ Audi AG has played the poor cousin to Germany ’s luxury-auto kingpins. Now the car maker owned by Volkswagen AG is doing what was unthinkable several years ago: It ’s running neck-and-neck with BMW AG for the crown of the world ’s top-selling luxury-auto maker‚ thanks in no small part to surging U.S. sales. I ranked this car right up there with the BMW and the Mercedes. It just happens to
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BMW’s Dream Factory and Culture Business 520 Organizational Behavior Describe the culture of BMW. A company’s culture is very important. It incorporates a firms shared values‚ beliefs and traditions (Hellriegel & Slocum‚ 2010). Most importantly it is the rules and role model for behavior. BMW’s entrepreneurial culture has no doubt assisted them in being the successful company that they are today. An entrepreneurial culture is one that values creativity‚ the tolerance of creative people
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The German automotive industry with about 720‚000 jobs is one of the biggest industries and dominant employers in Germany and one of the biggest automotive industries in the world (Herbst‚ 2009). With brands like Mercedes Benz‚ Volkswagen‚ Opel‚ BMW‚ Audi and Porsche this industry is major in car manufacturing and technology. According to Taylor (2010) Volkswagen “is the No. 1 automaker in Europe‚ the No. 1 foreign automaker in China‚ and currently ranks second in Brazil”. In most cases German
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Markets‚ Marketing and Strategy Essay Strategy This essay will attempt to identify‚ analyze and discuss the strategic issues in Geely Holding Group using industry structure and dynamics. There are five competitive forces that shape the strategy of a company‚ threat of new entrants‚ bargaining power of supplier‚ bargaining power of buyers‚ threat of substitute and rivalry among current competitors. However‚ as covering all five forces will be beyond the scoop of this essay
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pause for thought about how we have failed to protect our once magnificent manufacturing industry and why…”1 - Editorial‚ Daily Express‚ April 16‚ 2005. “The death of a factory and the end of a great tradition… the suspects...British Aerospace‚ BMW‚ the Government‚ Phoenix Four…”2 - Sean O ’Grady‚ The Independent‚ April 26‚ 2005. MG ROVER SEEKS BANKRUPTCY In its lifespan of over a century‚ MG Rover Group Limited (MG Rover)‚ one of the oldest and largest automobile manufacturers in the UK
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Raygain Technologies Pvt. Ltd. Indian Luxury Car Market – An Insight The recent growth in the luxury car market in India is much more than mere market dynamics in a particular car segment. It is a reflection of the changing lifestyle of the affluent class in the country. In India‚ the luxury car segment (Average Price 25-30 Lakh) has been growing at an average rate of 20% or above during recent years; it seems to be least affected by the global financial crisis. During worst recession period
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adjust to the culture in an easy and quick manner. This happens as the employees working in an organization have the feeling of team working in a manner of family (Lawton‚ n.d). BMW has this type of working culture‚ which can be pronounced as an entrepreneurial work culture. Another instance that helps in knowing that BMW has an entrepreneurial culture is from the fact that‚ workers joining the organization have the feeling of their own place in the team. They have a clear idea of the mission that
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