Preview

Failed Marketing Strategy of General Motors in India

Powerful Essays
Open Document
Open Document
1539 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Failed Marketing Strategy of General Motors in India
Research Title
“A research on failed marketing strategy of General Motors in India; and recommendation for successful strategy implementation”.
Research Aim and objectives
This research aims to find out the failure reason of General Motors Marketing strategy in India and recommend suitable strategy for successful implementation.
Objectives
To review the extant theoretical frame works and conceptual models related to Marketing strategies in developing countries.
To investigate the failure reasons of strategy implementation of GM in India
To examine the various ways for successful Marketing strategy implementation.
To recommend the suggestion for improving the marketing practice.
Research Question
What are the factors associated with failed and successful strategies?

Justification:
General motors is one of largest auto makers in the world. Since 1908 they kept their ranking on the top level. It employs 209000 employees in 31 countries. And they have branches and business dealings more than 120 countries. In the last century, GE’s strategy was best among the industry, and those strategies are become a model for modern companies for developing strategies. Many auto makers are forming and strengthening alliance with Japanese car makers in order to penetrate fast growing Asian market. The speed with which the new strategies delivered results indicates that the company’s successes were not due to a major new product or service launch, major new capital investment, or even the development of new intangible and “intellectual assets”. In this fast moving economy, organisations need to develop strategies according to the different situation. In this competitive world, organisations need to develop competitive strategies for survival. So all failed strategies are a new lesson for other companies. So here they are getting the chance of learning and development. Here researcher analyse the drawback of GM’s marketing strategy in India and try to recommend some

You May Also Find These Documents Helpful

  • Best Essays

    Holden Commodore Marketing

    • 3454 Words
    • 14 Pages

    The company which I have chosen is Holden and the product is Commodore. Holden is the Local Company of Australia. This company had successfully completed its 60 years last year in 2008. And at this occasion company had launched the limited edition of Holden Commodore SS V-Series 60th anniversary. The marketing planning is done on the basis of the information provided by the company on the websites, news articles, broachers and journals. This marketing plan covers all the information like mission statement of the company, the situation analysis of the company and the product. The analysis is done both with the internal and the external environment taking into consideration the market, and various environments like the competitive, economic, socio-cultural, political, technological and demographic. Later in this marketing plan SWOT analysis of the company is done and the critical issues have been discussed. A study of marketing objectives and marketing strategies such as target markets, product strategy, pricing strategy, promotion strategy and distribution strategy of the company and the product is also done in the plan. And at last recommendations for any change in the company strategy and plan is given along with the implementation plan. The company has been the Australia’s top car selling company and Commodore has been the top selling car in Australia from 1996. As the company is the local company of Australia it has a good dominance over the market in the country and people also rely on the company very much. Holden basically comes under General Motors, and which ever car is exported outside Australia by this company is tagged under the brand name of Chevrolet and other brands of General Motors. Now the company is deciding to enter the international market with its own brand name and also many researches are going on within the company to make hybrid cars for the future.…

    • 3454 Words
    • 14 Pages
    Best Essays
  • Better Essays

    Nations, like the people who inhabit them, are all different. Some, like the United States, are at the forefront of technology and development. Others exist as third world nations, where even the most basic necessities are hard to come by. And then there are those which are in the middle, such as India. In the past 20 years, India has grown in the eyes of the global community from a rural, developing nation to a burgeoning global marketing hub. While India had much guidance from the United States and other global powers, the country has still chosen to follow its own path of business and marketing development. This paper is designed to evaluate India 's current marketing environment in comparison with the marketing environment here in the US, citing both nation 's similarities and differences.…

    • 1400 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Marketing Implementation

    • 2318 Words
    • 10 Pages

    When the marketing plan implementation does not successful of marketing plan which practitioners expected which, they have to used a range of structural and behavioural intervention strategies to improve their marketing performance, such as, According to Cravens and Piercy, 2006 have been mention that “exiting from a product/service market, new product planning, changing the targeting market strategy, adjusting marketing strategy, pr improving efficiency”. However those two interventions strategy can be solved the problem that to identify how their performance does not meet planned expectation marketing. Moreover there are many implementation problems such as customer complaint, customer service problem, customer-suppliers disputes, poor morale, poor inter-functional co-ordination, loss defined objectives, strategies, etc.how when its happening to marketing plan that can using the potential structural and behavioural intervention strategies to identify the meaning, role and context in which these intervention strategies could be effectively used, thus in this essay can show that when the implementation problem occur to marketing and how intervention strategies can be solved the problem that occur in the marketing.…

    • 2318 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Student

    • 1983 Words
    • 8 Pages

    Nokia was once a market leader in mobile phone industry which occupied over 70% of worldwide market share. With Apple launching new models and technology of phones, Apple is now perceived as the most welcomed mobile phone brand. General Motor has built a long established reputation as a leading automobile manufacture. Following Japanese brands entered into the global market, General Motor lost its market significantly and eventually become bankrupt during the financial crisis in 2008. Rationale behinds these stories are the failure to adapt successful corporate strategies which generate competitive advantages to them to win against rivalry. Porter emphasises the importance of a unique strategic position in the market while another view focus on the firm’s own resources as its core competence to sustain itself in the market.…

    • 1983 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    97280944 Topshop Final 1

    • 3910 Words
    • 15 Pages

    Lahore School of Economics Master of Business Administration Marketing Strategy Submitted to: Sir Arshad Submitted by: Moazzam Munir 10-E0024 Total Word Count: 3900 TABLE OF CONTENTS Introduction to TOPSHOP……………………………………………………………………………………………………………….3 Strategic Business Unit ………………………………………………………………………………………………………………….3 Situational Analysis……………………………………………………………………………………………………………………….4 PESTLE Analysis…..……………………………………………………………………………………………………………………….. 4 Political…………………………………………………………………………………………………………………………………4 Economic…………………………………………………………………………………………………………………………….. 4 Social…………………………………………………………………………………………………………………………………….4…

    • 3910 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    Business Report Heinz

    • 4509 Words
    • 19 Pages

    marketing can block the way to goals established by the strategic p lan” (S.C. Jain,…

    • 4509 Words
    • 19 Pages
    Good Essays
  • Powerful Essays

    Global Marketing Notes

    • 9967 Words
    • 40 Pages

    The discipline of marketing is universal. It is natural, however, that marketing practices will vary from country to country, for the simple reason that the countries and peoples of the world are different. A successful marketing approach in one country may not necessarily succeed in another.…

    • 9967 Words
    • 40 Pages
    Powerful Essays
  • Powerful Essays

    Tvs Motors

    • 5737 Words
    • 23 Pages

    The topic of the project is “Marketing Strategies adopted by automobile industry taking TVS Motors for comparison.” TVS Motor Company is one of the leading bike manufacturers in India. For the study, secondary data is collected from business newspaper, magazines, company brochures, journals and the Internet. The major conclusion from this study was that TVS has to improve itself to gain the first position in the market as it is doing well to maintain its third position in the market.…

    • 5737 Words
    • 23 Pages
    Powerful Essays
  • Good Essays

    Proton and Perodua

    • 419 Words
    • 2 Pages

    India represents several opportunities for the two Malaysian Auto manufacturers. The two companies should enter India given the huge domestic demand and a well-established infrastructure. Even though, It is difficult to frame an exit strategy for companies in India, the advantages of going in outweighs the risks. The study found that the threat of New entrants, and bargaining power of suppliers were low, while bargaining power of customers was rated as medium and is rising. On the other hand, the threat of substitutes and rivalry between existing firms was found to be quite high. The two companies, if they decide to enter India, have to take into account, the inherent difficulties and uncertainties of operating in the Indian market while designing a marketing strategy. They should enter India through a joint venture with a partner primarily to benefit from the distribution network and local knowledge of the Indian market conditions. Regarding place of entry, Tamil Nadu was found the most attractive. Ultimately, Proton and…

    • 419 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Survey and Analysis of M&M

    • 13509 Words
    • 55 Pages

    * PHILIP KOTLER, KEVIN LANE KELLER, ABRAHAM KOSHY, MITHILESHWAR JHA, 2009, “Marketing Management-A South Asian Perspective”, 13th Edition, Pearson Education…

    • 13509 Words
    • 55 Pages
    Powerful Essays
  • Good Essays

    acme group

    • 3180 Words
    • 23 Pages

    Information, collected from the field survey, are applied in various types of marketing strategic theories. The theories are :…

    • 3180 Words
    • 23 Pages
    Good Essays
  • Satisfactory Essays

    Frooti

    • 284 Words
    • 2 Pages

    Major Project Report on “MARKETING STRATEGY OF LG Electronics in India” Submitted in partial fulfillment of the requirements for award of Bachelor of Business Administration Of Guru Gobind Singh Indraprastha University, Delhi. Submitted by: - Vaibhav Goel Enrolment No: - 12510601710 Of Ansal Institute of Technology Gurgaon Guided by Prof.: - Dr. Ashita Sharma Guru Gobind Singh Indraprastha University, Delhi. CONTENTS…

    • 284 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    The Indian Cement industry is the second largest cement producer in the world, with an installed capacity of 144 million tonnes. The industry has undergone rapid technological up gradation and vibrant growth during the last two decades. The cement industry in India has witnessed phenomenal changes over the years. Some of the drivers of change are: 4. Government 5. Real Estate…

    • 3546 Words
    • 15 Pages
    Best Essays
  • Satisfactory Essays

    Life Insurance Corporation of India is a public sector giant in the life insurance industry in India. For almost five decades LIC is monolithic company in the life insurance sector. Since nationalization LIC has built up a vast network of 2048 branches, 109 divisions, 8 zonal offices and 1004 satellite offices spread all over the country. The Life Insurance Corporation of India also transacts business abroad and has offices in Fiji, Mauritius and United Kingdom. With its multinational presence, it is associated with joint venture abroad in field of insurance namely, Ken India Assurance Company Limited, Nairobi, United Oriental Assurance Company Limited, Kualalumpur and LIC (international) E.C.Bahrain. Insurance Sector Reforms : The Insurance sector in India has completed a full circle from being an open competitive market to nationalization and back to a liberalized market again. From 2000, many private players entered into insurance industry with effect of privatization of insurance sector as per R.M.Malhotra Commission’s recommendations and formation of IRDA. Objectives of the Study : 1. To know market share of LIC of India in Life insurance business. 2. To know new market strategy adopted by LIC of India to increase business volume.…

    • 1832 Words
    • 8 Pages
    Satisfactory Essays
  • Satisfactory Essays

    important instructions

    • 3615 Words
    • 15 Pages

    Case: "Red Magazine: Women Consumers, Lifestyle Trends and the New Zeitgeist" of Oxford University Press ,…

    • 3615 Words
    • 15 Pages
    Satisfactory Essays