BMW Advertising & Marketing Strategy The Ultimate Driving Machine Draft Agenda Introduction Marketing Overview Advertising Overview Target Audience Marketing Channels Advertising Campaigns Competition Analysis Introduction BMW is Bayerische Motoren Werke Industry :Automotive industry Founded :1916 Founder: Franz Josef Popp Headquarters: Munich‚ Germany Products : Cars‚ Aircraft engines‚ motorcycles Employees : 96‚230 Subsidiaries :Rolls-Royce Motor Cars
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NOTES BMW Automobiles in the mid 2000s Valeriano Lencioni 1. Introduction This case explains the elements that make up BMW’s strengths and weaknesses and illustrates the circumstances that surround the group in the mid 2000s. After an outline of the automobile industry‚ the case examines the product portfolio and the performance of the automobiles division of the BMW group. Students are likely to relate readily to the issues in this case‚ since the product and brands of the BMW group are
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BMW. The Ultimate Driving Machine. The slogan pretty much speaks for itself and later on in the essay‚ you will know why. “We don’t make sports cars. We don’t make S.U.V.’s. We don’t make hybrids‚ and we don’t make luxury sedans. We only make one thing‚ the ultimate driving machine.” Germany has a long history of motoring excellence‚ with their top rank as BMW; powerful‚ yet refined. Vehicles designed for people who demand the best. Luxury cars‚ high performance cars‚ well-crafted cars; these
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Questions 24 Summary & Recommendation 29 Executive Summary In June‚ 1991‚ Carl-Peter Forster‚ director of Prototype and Pilot Manufacturing at BMW had a major decision to make. It was a little less than three and half years into the six year development program for the completely redesigned 7-series luxury sedan. Up to this point‚ BMW had been following their traditional method of designing automobiles. However‚ a project meeting was scheduled for that day to decide whether to change
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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
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Pamela Reed House 2/24/11 Marketing Plan Special Topics 492 The BMW Company (2010 6 Series 650i Convertible) BMW has come a long reached many milestones since its introduction into the German market through much anticipation and a well thought out plans towards becoming the one of the most popular family of luxurious cars globally. Rapp-Motorenwerke was a firm that first invented aircraft engines and motorcycle engines in 1913 before the firm invented Austin Stevens’s cars. By merging with
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focus on BMW key competitors and competitive forces using the Porter Five forces Framework. The globalization is influencing the automobile industry. Auto dealers encounter less and less restrictions to operate in overseas market. However‚ competition is rough with innovation and the increase of people’s sensibility to respect the environment limits and be more sustainable. Competition is an external factor that drives changes in a firm’s strategy. How does BMW deal with competition? BMW (Bavarian
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Introduction: This is an analytical report that is based on the study of a famous automobile manufacturing company known as BMW Automobiles. It is being analyzed in this report that the success of BMW is based on two core elements‚ first is the innovation strategy and other one is the competitive strategy. The following analysis is being carried out in an effective manner‚ first it describes the success of the company and then describes the two main elements on which company has relied and gained
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done well over the years and where could it improve? When I see someone riding in a BMW‚ I know that they must be making good money. The stereotype for people who drive BMW’s is that they are rich‚ and these are the people that the people over at BMW target. The pros to targeting the higher income population is that they will be targeting people who are more likely to purchase their product. Since BMW is known as a luxury car‚ people who have lower incomes are less likely to purchase from
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What is your mission statement? BMW Group’s worldwide mission statement is: "The mission statement up to the year 2020 is clearly defined: the BMW Group is the world’s leading provider of premium products and premium services for individual mobility." Mission Statement This statement is retireved from the annual report 2008: "Today‚ the BMW Group is one of the ten largest car manufacturers in the world and possesses‚ with its BMW‚ MINI and Rolls-Royce brands‚ three of the strongest premium
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