"Toyota Prius Hybrid Marketing Strategy" Essays and Research Papers

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Toyota Prius Hybrid Marketing Strategy

1. What micro-environmental factors affected both the first generation and second generation models of Toyota Prius? How well has to Toyota dealt with these factors? To readers of this problem have an important starting point the definition of micro-environment. This term is a factor in the marketing environment, its problems, in one way or another, affect the ability of the company, close and direct way to serve its customers. This includes, such as customers, suppliers, competitors, shareholders...

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Toyota Prius Marketing Case Study

Case Study: Toyota Prius University of Maryland University College September 30, 2010 Synopsis: As the United States unite in the global effort to monitor the use and waste of energy, fuel efficient or hybrid cars such as the Toyota Prius has dominated the market over the SUV’s who once adored every American driveway. With much doubt, in 2004, the Prius has become the leading selling vehicle in America. The sleek design has caught the eye and pockets of many Americans who prefer the “gas...

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Toyota Prius Case Study

Jose Maya October 5, 2012 Marketing 3301 Toyota Prius: The Power of Excellence in Product Innovation and Marketing 1. In what stage of the product life cycle is the Toyota Prius? Explain. The Toyota Prius was in the market introduction stage then it matured into the market growth stage. In the Product life cycle there are four different phases. There is market introduction, market growth, market maturity, and sales decline. The Toyota Prius as explained by the book was a new experimental...

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Toyota Prius

second generation models of the Toyota Prius? How well has Toyota dealt with these factors? The micro environmental factors are those forces close to a company, yet outside its internal environmental, that influence the ability of a business to serve its customers, forces such as customers, suppliers, competitors and other business that assistor influence a business’s ability to sell, distribute, promote and develop products or services. In regards the Toyota Prius case, the factors that the company...

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The Toyota Prius

its customers- the company, suppliers, marketing, intermediaries, customer markets, competitors, and publics. During the introduction and sale of the Toyota Prius, four major sectors of the microenvironment attributed to its success: The company, suppliers, marketing intermediaries, and publics. Toyota’s customer driven marketing strategy is largely responsible for its success in the hybrid car market. Forward thinking and focus on the societal and marketing concepts allowed for the company to deliver...

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Plug-in Hybrid and Prius

models of the Toyota Prius? How well has Toyota dealt with these factors? When the Prius was introduced in the US, it was quite shocking that it became such a big hit. The US auto market had been dominated by SUV’s for quite some time, and it seemed that a car that was small, slow and lacked power wouldn’t be attractive to American consumers. The advanced technology was very attractive to the “early adopters” and the consumers were willing to pay over the asking price to get a Prius. When gas...

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Toyota Prius Case

International Marketing and Sales CU 03223 Report Company Case 4: Toyota Prius February 2013 Members: Floris Baars Karina Galiauskaite Jessica Giljam Samuel van Horen Bastiaan van Kemseke Maximilian Wilde Supervisor: Vera Hartog Introduction The Toyota Prius is a full hybrid electric mid-size hatchback, formerly a compact sedan developed and manufactured by the Toyota Motor Corporation. The EPA and California Air Resources Board (CARB) rate the Prius as among the cleanest vehicles...

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Prius: Leading a Wave of Hybrids.

generation and second generation models of the Toyota Prius? How well has Toyota dealt with these factors. Microenvironment is defined as forces that are close to a company yet outside its internal environment that influence the ability of a business to serve its customers. Entities such as customers, suppliers, competitors, and other businesses that assist or influence a business’s ability to sell, distribute, promote, and develop products or services. (Marketing - defined, explained, applied, p.15, 2010)...

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Toyota Prius

factors affected the introduction and relaunch of the Toyota Prius ? How well has Toyota dealt with these factors / There is a diverse micorenviromental factors that affect the sales of a product. Namely, the suppliers , marketing intermediaries, Customers , competitors and publics. Firstly , will be the suppliers , Suppliers are the provider of the company’s resources that produce its goods. When Toyota, wanted to launch its first hybrid car in US, the company only uses its own manufacturing...

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Prius: Leading a Wave of Hybrids

Case for Chapter 3 PRIUS: Leading a Wave of Hybrids Americans love their cars. In a country where SUVs sell briskly and the biggest sport is stockcar racing, you wouldn’t expect a small, hybrid, sluggish vehicle to sell well. Despite such expectations, Toyota successfully introduced the Prius in 2000, and Honda introduced the Insight. The Prius, whose name means “ to go before,” literally flew out of dealer showrooms, even if consumers weren’t quite sure how to pronounce it ( it’s PREE-us, not...

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