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Transcript

AIDA Model

Growth Strategies

Interest

Awareness

Advertisement

  • Television commercials
  • Magazine ads
  • T.V. shows & movies
  • Branding
  • Top of Mind Awareness

BMW Marketing Plan

  • Highly automated by 2020, and driverless by 2025
  • Recently announced a partnership to develop new technology

Action

Desire

Sponsored events

Costumer incentives

Promotional deals

PGA Championship

Team USA

Marketing Mix

By, Charlie Cosgrove, Gina Giles, Keven Brito

Product

Price

  • Premium market Price
  • Creates "want" feeling
  • Maintains brand name
  • Offers prestigious, high luxury two wheel and four wheel technologically advanced cars
  • Varies from sedans, SUVs and sport cars
  • The current models include saloon, coupe, convertible, touring and compact

Promotion

Place

  • WCRS has advertised BMW since 1979
  • Sponsors rally racing events and sports events
  • Organizes global motorcycle racing events
  • Features its cars in movies
  • Through their slogans
  • Headquarters located in Munich, Germany
  • Four manufacturing plants in UK
  • Operates in almost 100 nations with 4000 dealers worldwide

BCG - Matrix

????'s

Stars

  • Bestseller for the last six years
  • Sales of the current BMW 5 Series has increased by more than 42%
  • Less than 5% revenue
  • In 2016 there was a 40% drop in the amount of motorcycles sold

Dogs

$$ Cows

  • Rolls Royce: highest consumption of the luxury car in the US

  • Z4 and Z3 series has not been able to gain similar amounts of sales as others

Segmentation, Targeting & Positioning

Targeting

Segmenting

SWOT Analysis

  • Geographic Segmentation
  • Demographic Segmentation
  • Psychographic Segmentation
  • Rich Professionals
  • Affluent families
  • Younger Consumers

Sustainable Competitive Advantage

One Company. Four Brands. One Future.

Internal Elements

External Elements

Strengths Weaknesses

Opportunities

Threats

  • Representation of Status and Achievement
  • Innovative design and features
  • Superior post-sale customer service
  • Product recalls affect on public image
  • Limited target market
  • Branding & TOMA
  • Innovation & Technological advancements
  • Asian Markets
  • Brand of BMW Group
  • Pricing
  • Fuel problems
  • competition
  • Changing Lifestyles
  • Market Expansion
  • Introduce more economical series

Positioning

"Our goal was to create a very personal vehicle. There will always be that highly emotional Connection between a BMW and its driver."

Karim Habib

Head of BMW Automobile Design

  • Advertised as "Eco-Friendly"
  • Competes in highly competitive market
  • Good public relation and innovative ad campaign
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