shareholders became Hyundai Motor (31‚6%) and GE Consumer Finance (43%). HyundaiCard focused on its customer needs‚ developed new credit card products‚ and provided different online marketing campaigns. Its customer segmentation strategy focused on its customer needs: Lifestyle Influences à Activities. That why HyundaiCard formulated “Alphabet Marketing” named M‚ S‚ W‚ U‚ K and A‚ based on consumer lifestyle. The customized marketing approaches included “Alphabet Credit Cards” having unique and creative
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Case Study: Hyundai Cards Marketing Strategy By: Innestasia Tjahyadi I. Introduction Hyundai Cards‚ sponsored by Hyundai Kia Automotive Group‚ was established in 1999. They joined in as the market follower‚ challenging the highly competitive credit card industry in Korea. In 2005‚ HyundaiCard formed a strategic alliance with GECF (part of GE)‚ which invested 678.3 billion won in the firm and became the largest shareholder. Through its corporation with GECF‚ HyundaiCard made effort to become
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study the marketing strategies of leading players. • Study the entry strategies of global car manufacturers in India. • Examine and analyze the marketing mix of Hyundai Motors in the Indian passenger car industry. • Compare and contrast the marketing strategy of Hyundai with other leading players in the Indian passenger car industry Contents: Keywords: Case‚ Hyundai Motors‚ Indian Passenger Car Industry‚ Foreign Car Manufacturers in India‚ Marketing Small Cars in India‚ Marketing Mix‚ Positioning
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Marketing Strategies - HYUNDAI The case discusses the marketing strategies of Korea based Hyundai Motor Company (HMC) in India. HMC entered India by establishing its wholly owned subsidiary Hyundai Motors India Limited (HMIL) in 1996. Within a year of launch of its first product - Santro‚ HMIL had emerged as the second largest car company in India. The case describes in detail the entry‚ product‚ pricing‚ distribution and promotional strategies of HMIL. The case briefs the challenges faced
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missions. HyundaiCard (HC)‚ a Korean credit card company Even though HC was late for coming into credit card industries‚ they made a remarkable growth by design management integrating brand identity. Visual integration by design policy According to Borja de Mozota (2003)‚ strong brand identity can be achieved by visual integration. As figure 1 below show‚ HC redesigned their logo and typeface based on the shape‚ ratio and angle of an actual credit card‚ perfectly reflecting HC’s identity (Total
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Abstract Purpose – To build a conceptual framework for the development of branding strategy from the pint of view of a Western firm entering a market in a developing economy. Design/methodology/approach – An extensive literature review brings together two research streams‚ market entry and branding strategy‚ with particular reference to corporate branding versus product branding. Findings – The choice of branding strategy is determined in the conditions under study by five antecedent factors and three
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Executive Summary As a latecomer in Korean credit card market‚ Hyundai Card has gradually increased the market share since it entered the business in 1999. With its tie with Hyundai motor group‚ the company branded itself as "Hyundai M Card". It started off by attracting buyer to consider using the card to purchase Hyundai automobile by offering discount. In later stages‚ the company has adopted the customer segmentation strategy to diversify its target groups of clients. With the emphasis
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1.0 Executive Summary This report details out on the marketing plan of Hyundai Veloster of 2013 production and its improvement over the previous Hyundai Veloster 2012 production to compete with other models in sporty compact car. Hyundai Motor Company was founded in 1967‚ along with its 32.8% subsidiary‚ Kia Motors‚ and it is the 5th largest automaker manufacturer in the world‚ based on the 2012 vehicle sales. Hyundai is sold in 193 countries through 6000 dealerships and showroom‚ as well as
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“International marketing strategies of Hyundai in India” [pic] Sindhu Sharma Bharti MA DISSERTATION 2008 2 | P a g e ABSTRACT The automotive industry has been an industry of rapid growth. It has been successful in providing the best styles‚ comfort‚ and powerful engines
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FIROZ AHMAD (B. COM & MBA – FINANCE) |Work Experience: |Current Position | | |Company Name: Saraswati Medical & Dental College” Lucknow. | | |Designation : Accountant (July‚2012 – till date)
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