BWM Case Analysis
Question 1: Was the BMW Films idea a good one? How successful has the campaign been?
Answer: The launch of BMW Films was a very successful yet powerful move for the brand, with more than nine million views, BMW became a huge disruptor in the automobile industry. The strategy to market their latest models through five short films not only had an impact on potential consumers, but on film critics and competitors as well. The notable success of the campaign also led competitors to begin pushing their own film projects. The success of the campaign allowed BMW to tap into a larger consumer base and educate potential consumers on the capabilities, features, and uniqueness of their automobile models. With over 1.9M registered visitors of which 1.2M opted for email updates, the results of the strategy displayed a significant level of interest that the campaign generated.
Question 2: What was the motivation behind the idea? Who was the target market for BMW Films campaign?
Answer:
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They would execute this strategy by enhancing their existing marketing methods by investing more money into advertising and creating a message that was unique, bold and impactful. The motivation behind the idea was to be able to produce the most exciting, fun thing people had ever seen that would leave an impact for decades. The target market for BMW films campaign was geared towards upper to middle class professionals, who loved technology, with a median age of 31, well-educated and had an average income of
In Advertisements R Us by Melissa Rubin, she analyzes how advertisements appeal to its audience and how it reflects our society. Rubin describes a specific Coca-Cola ad from the 1950’s that contains a “Sprite Boy”, a large -Cola Coca vending machine, a variety of men, ranging from the working class to members of the army, and the occasional female. She states that this advertisement was very stereotypical of society during that decade and targeted the same demographic: white, working-class males- the same demographic that the Coca-Cola factories employed.
Figuring out your target market is a very important first step to figuring out a new marketing strategy for a company. The company my group chose was, Dave and Busters. Dave and Busters is an American-style entertainment center, featuring a restaurant, sports bar, and an arcade. There are many things that influence the demographic of a target market. In this paper I will analyze the target market demographics for our company; Dave and Busters, and explain why these demographics are so important for the financial side of Dave and Busters.
Marketing Simulation Managing Segments and Customers A Reflective Essay Debanjan Mal As the newly appointed CEO of Minnesota Micromotors, I was responsible for designing and executing the company’s marketing strategy. This was my opportunity to integrate and apply the mantra of marketing that I have learnt during my course: “Create, communicate and deliver value to a target market at a profit”. Before I started the simulation, I needed to understand the big picture and try to figure out the following in order to come up with my marketing strategy and execute it during the simulation: • Understand the overall market and the competitive landscape where Minnesota Micromotors has to operate. • Understand my company’s marketing
The ads that my group created are about the Goldfish snack and they give a message to the audience. Goldfish campaign wants to show people that Goldfish snacks are good snacks. The message of the ad is trying to make people buy Goldfish. The target audience is people that haven't tried goldfish because the ads message it says that if they want a easy snack to try Goldfish. The Goldfish campaign wants their consumers to buy goldfish snacks and they use the devices and diction rhetorical devices to convince that Goldfish would be a good snack.
By the 1920’s, cars had become a signature in celebrity homes, and was considered a luxury to have. Anyone who had money or wanted to look like they had money, also had a car. In the early years of the automotive industry, when not too many people were interested, appealing to anyone was the goal, trying to increase demand. The automotive industry quickly realized that mostly richer people purchased cars. So how could they appeal to other groups?
Teens & Advertising Advertising is a form of marketing in which the author uses writing strategies to capture the attention of an audience to persuade them into purchasing what is being promoted. The success of an ad relies on the products ability to reason with readers and appeal based on emotions. Individuals can be distinguished by their proneness to social influence; teenagers in particular differ in regards to their level of susceptibility to advertising. Though teenagers do not typically have as much money as older adults, there are many products that teenagers are still willing to spend their restricted funds on. These advertising agencies who target teens utilize strategies that are meant to make their services and/or products attractive
By producing a wide range of products like puzzles, building blocks, construction sets, and activity craft-based games, the company covers many target segments and gives their consumers a variety of options to choose from. 1.3: Segmentation & Positioning Concepts Reflect on the automobile industry in your country of residence. 1. Decide on a segmentation approach for the automobile industry in your country of residence, identifying at least four different target market segments of that approach.
In a marketing communications strategy the first objective is to identify the target audience. In the case of Kellogg’s they have two main audiences, the purchaser who is the parents and the influencer who is the children. Kellogg’s tend to have specific target audiences for each of their products. For example, Kellogg’s Corn Flakes targets families, Kellogg’s Special K targets women and/or health conscious women and Kellogg’s Coco Pops targets children.
Their target customers are young people in all kinds of education levels, religions, race and nationality. The occupation of their target customers could be very wide but mainly are sports player and athletics. It is because athletics are more rapidly to use sports products than other people. Their target customers are from different generations: Generation X, Generation Y. Psychographic Their target customers are people who care more about the utility and quality of the product than the price.
Their target market is mainly divided into three categories. The first group is of the people who have a high brand loyalty to Apple and are the primary consumers of its product. These people would not only own the Iphone but also other products offered by Apple like the IPod, iTouch and iPad. This group is well aware of the features and benefits of the product and is therefore prepared to pay a greater price for these features. The primary target group of the Apple iPhone belongs to the upper middle or higher social class who can afford to pay for the premium products offered by
Name: Jasmit Singh ID: J13013948 Section: DB 4 Lecturer: Ms Lingkeswari Table of contents Content Page Introduction 3 Market segmentation 4-5 Product strategy 6-7 Pricing strategy 8 Place strategy 9 Promotion strategy 10 Conclusion 11 Reference 12 Introduction BMW (Bayerische Motoren Werke AG) is a German automobile company which was founded in 1916 and is headquartered in Munich, Bavaria, Germany. BMW is now one of the largest car manufacturer in the world for its exceptional level of quality and producing cars with sporty driving characteristics. The BMW company 's slogan in English is "The Ultimate Driving Machine" or Sheer Driving Pleasure" which was originally translated from German slogan which is
• The application of Innovative ways depends on company’s approach towards Creativity. • Applying new changes may Delay the Time to market of the product. Appendix • BMW
The customers of Mercedes Benz look for products that have certain benefits that hold value for them. Therefore, in terms of benefits sought, they seek for high-end integrated technology and functioning of the car, along with consistency in performance and most importantly they will look to purchase cars that will offer high sustainability and reliability. The Mercedes is purchased among customers that heavily use the product on a daily basis. As mentioned in the demographics segmentation section that people who purchase these cars are in the high income class group, which means that these customers will regularly use a mode of transportation to travel to workplaces.
Introduction BMW (Bayerische Motoren Werke AG) is a German automobile company which was founded in 1916 and is headquartered in Munich, Bavaria, Germany. BMW is now one of the largest car manufacturer in the world for its exceptional level of quality and producing cars with sporty driving characteristics. The BMW company 's slogan in English is "The Ultimate Driving Machine" or Sheer Driving Pleasure" which was originally translated from German slogan which is "Fraud am Fahren.” In addition to cars and motorcycle, BMW also operates an aircraft engine under the brand name which is known as Rolls Royce.
These barriers are divided into internal and external factors. These barriers can affect Tesla marketing planning. Internal Factor 1. Behavioral Barriers The behavioral characteristics of the workforce can greatly influence the marketing plan.