Preview

Bmw Marketing Strategy

Good Essays
Open Document
Open Document
892 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Bmw Marketing Strategy
For the purpose of this assignment, I will choose BMW, the luxury automobile maker that has established a mark for itself in the luxury car segment with its high performance cars. BMW is a powerful brand that is truly experienced by car lovers all over the world as a symbol of performance, power and luxury, all combined into its power packed machines that are treat to watch, drive and possess. That's why, it is truly known as the "Ultimate driving Machine".
BMW has been able to live on to its brand's promise due to three major factors: consistency, patience and a simple, upbeat message. It has been beating the drum for the last many years that BMW offers customers the ultimate driving machine. BMW is very, very consistent in providing the product line that echoes what the brand is all about. It's high quality and products with superior engineering quality and performance has overshadowed other manufacturers in its category.
BMW has never compromised on its product quality and engineering superiority and has delivered the promise that people have expected from this brand: Power, Performance and Luxury.
BMW's business strategy has been perfectly aligned to its overall brand strategy, and that's what makes them so successful. BMW has always designed and built cars with much greater responsiveness to a driver’s actions, providing a better sense of the road beneath and offering greatly enhanced control. BMW’s tighter feel and enhanced responsiveness gave drivers the sense they were in complete control, something no other brand of automobile offered. This handling advantage was greatly appreciated by sports car aficionados and car enthusiasts.
BMW's brand incorporates the five senses perfectly. The roaring sound of a BMW engine is a music to the ears of performance car lovers and sports car enthusiasts. For the car lovers all over the world, there cannot be a prettier sight than a BMW speeding away in front of them on a clear highway. It is a treat for the eyes and

You May Also Find These Documents Helpful

  • Satisfactory Essays

    BMW case study

    • 679 Words
    • 2 Pages

    The primary impediment to achieving this goal is the abysmal customer satisfaction score of BMW as given by the JD Power Consumer Satisfaction Survey which is way behind all of the competitors. This is an indication that though the product itself is…

    • 679 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Bmw Film

    • 1465 Words
    • 6 Pages

    Answer : There are serveral motives for BMW think of this film idea. BMW was regarded as most luxury cars, but after the competition form japan, it was traped into ‘yuppie car’ image of brand. BMW, however, hope they could be the world’s most exciting luxury cars. Thus it is crucial to improve its brand image to ‘ reponsive performance’. Secondly, their reseach found that the target group of their potential customers are young professionals who use internet very frequently.So the new media may intensively affect their decisions. Thirdly, The budget was limited but the mission was convertly over load. Due to the company’s size and limited marketing budget,…

    • 1465 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    Mkt 571 Product Offering

    • 1459 Words
    • 5 Pages

    The BMW Company indicated that it is not enough to build great cars, but also to strive to create lasting relationships. The BMW ownership experience is said to be a partnership with the drivers, this experience continues to drive the market for these vehicles. The experience also shows the excellence in performance and how committed the company is to the vehicles that bear their name. The BMW Performance Driving School was built to create better drivers and to attract customers. They build these facilities because of their need to remain competitive in the market, with the idea of fine tuning their vehicles. The need for BMW motor vehicles continue to grow because of their performance as compared to vehicles in the same class.…

    • 1459 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    BMW (Bavarian Motor Works) has always been a strong name associated with quality and performance in the automobile industry. From their humble beginnings as an aircraft engine manufacturer in 1916 during World War 1, they slowly shifted into manufacturing engines for motorcycles and then finally moved into full time automobile manufacturing. In 1992, BMW acquired a large stake in California based industrial design studio Designworks USA, which they fully acquired in 1995.…

    • 1596 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    The introduction of the Z3 Roadster provided BMW’s marketing team the exciting opportunity, not only to promote a great new product, but to change their entire corporate image. The Z3 appealed to a new target market; and the marketing approach needed a shift from traditional to non-traditional.…

    • 1510 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    BMW (Bavarian Motor Works) has always been a strong name associated with quality and performance in the automobile industry. From their humble beginnings as an aircraft engine manufacturer in 1916 during World War 1, they slowly shifted into manufacturing engines for motorcycles and then finally moved into…

    • 4594 Words
    • 19 Pages
    Powerful Essays
  • Satisfactory Essays

    BMW AG: Company Overview

    • 377 Words
    • 2 Pages

    BMW AG – a producer of cars , motorcycles and engines. It is a German-based company and one of the world`s most respected automakers, known for luxury cars and SUVs that offer amazing driving enjoyment. The headquarters of this company are established in Munich. There are more than 100 000 employees working for this company worldwide. It also owns Mini, is the parent company of Rolls-Royce Motors cars and produces motorcycles under Husqvarna brand. Moreover, it offers car repairing, launched car-sharing services under the name of Drivenow in 2011 and financial services to offer the best solution for each customer using leasing options, insurance packages etc. It made an important contribution to the success of BMW. With a portfolio of almost 4 million contracts with dealers and retail customers in the end of the year, the segment recorded growth of 12.6 %. Furthermore, BMW has multiple teams in motorsports – Formula One, Dakar Rally, touring car racing and motorcycle racing. BMW operates in more than 150 countries around the world. It operates in Asia, North America, South Africa, Egypt. The most profitable segment is Europe with revenue of over 20 million euro in 2011 and the second most profitable is Asia with almost 19 million euro.…

    • 377 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Bmw Films: Case Study

    • 1973 Words
    • 8 Pages

    Consumer audience is elusive and expects to be impressed. BMW needs an outstanding marketing encore to capture the attention of the key audience.…

    • 1973 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    BMW is neither a boutique, offering one or two specialty models, or the producer of several million automobiles a year with some sold through a luxury car division. Nor is it a vast conglomerate with defused resources and management focus. BMW is a highly focused, independent company with one business- the luxury/performance automobile business. All of BMW’s resources, all of our investments and all of their talent are focused on providing the world market with 550000 automobiles, each the best in its class. BMW wants to give customer “a luxury car that provides an exhilarating driving experience.”…

    • 590 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Bmw Swot

    • 1293 Words
    • 6 Pages

    Reputation. Having a reputation for luxury, BMW 's are smooth and refined. BMW have developed a marquee prized highly by many company executives. The BMW brand also relates well to the domestic owner reinforced by BMW 's reputation for quality, reliability and their dealer 's attention to service. Hailed as the ultimate driving machines and leading the field in a whole host of classes, BMW are constantly innovating in their quest…

    • 1293 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Internal Analysis on Bmw

    • 427 Words
    • 2 Pages

    BMW has always been premium brand oriented company. It manufactures three brands in BMW, MINI, and Rolls-Royce. These brands occupy various high-end market segments from small car to luxury premium car. This leads to BMW become the only both premium car and motorcycle manufacture. Each brand within BMW has its own clear brand image. Its products have rich product connotation in aesthetic and dynamic design, dynamic performance, technical content, and overall quality. Thus, it can provide customer with practical value. Build on this basis, BMW can expect higher margin and continuing to maintain profitable growth, and ensure its independent status.…

    • 427 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Marketing Orientation

    • 1036 Words
    • 5 Pages

    BMW started in 1916 as an Aircraft engine manufacturer in Bavaria, Germany. Bavarian Motoring Works shortly named BMW. In 1929, BMW established their car manufacturing company in Bavaria. Then onwards they mainly concentrated in car production sector. More over BMW has the production of aircraft engine and motorbikes. Their products are based on customer satisfaction. They have variety of products in every section to accomplish customer needs and satisfaction, and their models like 1 series, 3 series, 5 series, 6 series and 7 series representing value, performance, style, engine capacity and technologies used. From this context, BMW is a marketing oriented company.…

    • 1036 Words
    • 5 Pages
    Good Essays
  • Good Essays

    BMW's Product life cycle.

    • 644 Words
    • 2 Pages

    BMW car has only two-stage of product life cycle, introduction and growth stages. The X5 series and the 3 series were introduced in 2000 and 2001, respectively. Based on BMW's product life cycle, these two series are both in the Growth stage. BMW introduced three versions for each model of the 3 series. The X5 also has three different versions that satisfied different consumers' preferences. BMW's website provides a great access for its potential customers in addition to the regular dealerships. From its website, customer can easily identify BMW's promotion strategy. It also shows the competitive difference, such as the luxury car, the safest car, and the most drivable car. For BMW 3 series, advertising campaign focuses on the concept of the luxury car under fair price. For BMW X5 series, advertising campaign focuses on the technology for overcoming bad climate and rough road situation and the joy of driving.…

    • 644 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Since its foundation in 1916 BMW has been renowned for their outstanding performance and luxury vehicles. The car featured in this advertisement is the all-new BMW M3 sedan, a performance modified sedan modeled after BMW’s regular 3 series. Two variations of the M3 are offered, coupe or sedan. This advertisement focuses on the sedan, and the primary goal is to present BMW’s vision of what a sedan should be.…

    • 348 Words
    • 1 Page
    Good Essays
  • Best Essays

    Hrm of Bmw

    • 3396 Words
    • 14 Pages

    The amazing success of the BMW group for decades inspired me to write this brief report on this group. Initially, the report will provide an overview of the group. Secondly, by using PEST and Porter’s 5 forces analysis, it will describe the current and future environment that the group is operating in. Next part will be an analysis of strengths as well as weaknesses of the group via the market and its competitors. Then the report will present the strategy NUMBER ONE that is used by the group to position itself as the most successful premium automaker in the automotive industry. Besides, I will also provide a recommend about where and how the group should focus on next 3-5 years in order to succeed. The final section is some conclusions and references of the report.…

    • 3396 Words
    • 14 Pages
    Best Essays