marketing strategy for Smart. Course: International Business Management & Studies. School: Inholland Haarlem‚ university of applied sciences Teachers: Mr Rudolph Wilson‚ Mr Gijs Vlas and Mr Karl Philips Date of completion: 07-01-2011 1 By INHolland Haarlem Executive summary This report is the result of the research about the small car market and how Smart has been operating in it recently via interviews with Smart dealers‚ a survey and the official website of Smart. The goal of the research
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INDUSTRY Classification and definition of the industry The relevant industry for Smart Car is worldwide automakers because the target audience will be cost-conscious Americans. In 1999‚ the American car market was filled with many foreign imports that directly competed against and in some instances beat American domestic car producers. Analysis of existing competitors Today there are other low cost automobile manufacturers marketing to the United States. None‚ however‚ produce anything
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1 The Smart Car In 1991‚ Nicolas Hayek‚ chairman of Swatch‚ announced an agreement with Volkswagen to develop a battery-powered "Swatch car." At the time‚ Hayek said his goal was to build "an ecologically inoffensive‚ highquality city car for two people" that would sell for about $6‚400. The Swatchmobile concept was based on Hayek’s conviction that consumers become emotionally attached to cars just as they do to watches. Like the Swatch‚ the Swatchmobile (officially named "Smart") was
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ABSTRACT This paper will focus and investigate the SMART car sculptured by Micro Compact Car (MCC)‚ a wholly owned subsidiary of Daimler-Benz. Hambach‚ France was chosen as the production site‚ where the main suppliers were integrated in a supplier’s park called “Smart Ville”. MCC used such supply chain practices which were never used before such as supplier involvement‚ outsourcing the main manufacturing and modular production. Complete modules were attached in the rigid body frame called “Tridion”
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The Smart Car Contents PAGE Executive Summary…………………………………………………………3 Introduction…………………………………………………………………..4 History of the Smart Car…………………………………………………….4 Features……………………………………………………………………....5 Economic Impact…………………………………………………………….6 Fuel Efficiency……………………………………………………………….6 Safety…………………………………………………………………………7 Environmental Impact……………………………………………………….7 Competitors/Comparison…………………………………………………...9 Marketing……………………………………………………………………..10 Critique………………………………………………………………………
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The Smart Car The Smart car was introduced in 1994 between Mercedes-Benz and the Swiss manufacturer of Swatch watches and was unveiled in 1997. The car was named for “Swatch‚ Mercedes and art.” The Smart car only measures in at 8-feet-8-inches long and is 5-feet-1-inch wide. More than 95% of the components are recyclable. The Smart car is priced in at three different versions. The Pure is at the base level and starts at $11‚590. The Passion is decked out and is most popular and starts at $13
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The Smart Car Daimler is a multinational business that is branching out in many countries worldwide. Smart Cars are mainly manufactured at a plant in France. The smart car was first introduced to the United States in 2008. Daimler’s plan is to globally expand the smart car in every country it can. The Smart Car has already been successful in places such as Europe and North America. Daimler distributed Smart Cars over the Internet using the $99 reservation program. This helped the Smart Car
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SMART CARS While the reading shows out smart cars’ god points‚ the lecture refutes all of this. Firstly‚ smart cars are the safest one so that car’ accidents can be decrease‚ as the reading states. They have airbags around and anti-lock brake to protect the drivers. Despite what the reading claims‚ the professor says that smart cars are not effective on some special surface such as snowed or iced streets. Drivers may not control properly on slipery surface‚ or the ABS feature doesnt work correctly
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customer feel more valued. With this in mind below are some alternative courses of action to consider. Firstly‚ to introduce a dedicated marketing team; identifying which problems we should focus on to effectively increase customer satisfaction. Market research is not lacking‚ however the ability to interpret this information is‚ into making the Starbucks customer (whoever that may be) satisfied. The marketing team will recognize that the customer base has changed and take suitable actions to capture
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Market Analysis: Car industry A market is a platform where the forces of demand and supply‚ essentially in the form of buyers and sellers interact. It is a switchboard that directs those with a commodity towards those who are in need of it. Since demand and supply exists for virtually all products‚ similarly a market for cars also exists. The car market globally is dominated by the Japanese after the decline in the American car makers after the World War II. This market today is dominated by names
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