Submission Date: September 4‚ 2014 INTRODUCTION AIMS: To critically analyse and research the Marketing Strategies and possible responses of THE MINI‚ the automobile brand. Try to find the path taken by MINI after the recent takeover by German giant BMW in 1999-00. In this essay we would be looking primarily the small car sector market in the UK. Evaluate and analysis various examples‚ studies‚ reports and theories leading to the key repositioning of the brand in the global market after the takeover
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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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Year Product Offering Introduction BMW‚ the Ultimate Driving Machine‚ is developed from an independent company. This company was able to focus on turning great ideas into great cars. The company exhibits one of the most recognizable logos in the world‚ the blue and white BMW insignia which is known as the Roundel. This emblem depicts motion as it portrays the movement of an airplane propeller against a clear blue Bavarian sky. One of the most visible BMW design elements is the twin-kidney grill
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trends. The other | |factors like distribution network‚ brand building‚ product development is also playing their important role in the success of | |global business where product development is responsible to earn profit and brand building acts as strength of automobile | |industry. | |
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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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leading in producing highly advanced smartphones‚ laptops‚ iPods and many more electronics. Apple is looking to expand even more by considering moving into the car industry‚ about cars Apple has no idea therefore Tim Cook (CEO of Apple) lately visited BMW Headquarters to talk about producing an electric car with Apple’s interior and BMW’s regular car design and high performance. In the present time the demand for electric cars has rapidly increased
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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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Differentiation is a strategy that creates product that is unique among firms in the same industry in an important way. A differentiator achieved competitive advantage easily upon the ability in providing distinctive products to its customers that satisfy their needs in a way that is different from its competitors (Hill and Jones‚ 2004‚ p160.).This allows the differentiator to charge on premium price for its products. Unlike cost leaders performing cost reduction‚ differentiators manage to increase
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An Examination on Social Performance of BMW AG Corporate Social Responsibility can be defined as performances of businesses in completing good practices and standards to accomplish positive and sustainable results towards business‚ environment and society (CSR Singapore Compact 2005). Implementation of corporate social responsibility concept within the businesses means the businesses will always try their best to give positive outcomes to the society‚ which give satisfaction to the people and
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Introduction Bayerische Motoren Werke (BMW) is a German company that manufactures luxurious vehicles based in Munich. BMW Malaysia Sdn. Bhd. is the Malaysian coalition to the parent company in Germany importing these high performance vehicles into the Malaysian market. Auto Bavaria‚ a subsidiary of the Sime Darby Group is one of the appointed authorized dealers for BMW‚ MINI and Mottorad. Established in 1988‚ Auto Bavaria is the largest retail and service organization that has eight branches
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