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
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