1.Theoretical Analysis
The main problem in strategic marketing is the giving standard, stereotyped solutions. Most of the managers even well-educated ones have problems with adaptation on problem solving. As it mentioned in article for a years in most literatures and articles strategic shows standardized solutions and it becomes obstacle for being creative and flexible in clarifying problems.
1.1.Strategic Marketing Thinking.
During the analyzing article of Dale Fodness we will try to find solution ways of the strategic marketing.
According to the Dale Fodness the main way of the solution problems in Strategic marketing is Strategic Marketing Thinking.
According his article Strategic Marketing Thinking consist of 4 main parts: 1. Thinking
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Second step is market development. Market development includes extending the item to new markets. This strategy tries to increase new customers through ventures into new markets intended to expand the general span of the item or services.
Third strategy is product development, which is attempted when the company adjusts the attributes of its center products to speak to existing or new clients. We can say that it is some kind of adaption to the market. Company changes or modify its products according customer needs. This is very important for attracting new customers.
Last strategy is diversification. Diversification comprises of the association altering the qualities of the item and focusing on another business. In this kind of strategy it is more important to invest new markets. Also it is important to invest the improvement or obtaining of outside resources. Diversification serves to improve the company. Diversification also can be delegated vertical, flat or parallel enhancement relying upon the position of the new resource in the quality chain of the differentiating association. On the off chance that the new resource is at the same stage inside of the quality chain as the current resource, the company is utilizing level broadening to grow their
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Tesla Motors is an American car and energy organization that plans, fabricates, and offers electric autos, ele`ctric vehicle force train segments and battery items. Tesla Motors was fused in July 2003 by Martin Eberhard and Marc Tarpenning, who financed the organization until the Series A round of financing. Both men assumed dynamic parts in the organization 's initial advancement preceding Elon Musk 's association. Musk drove the Series A round of interest in February 2004, joining Tesla 's Board of Directors as its Chairman. Tesla 's essential objective was to market electric vehicles, beginning with a premium games auto went for right on time adopters and afterward moving as quickly as could be expected under the circumstances into more standard vehicles, including cars and reasonable compacts. In this case Series A round is the name commonly given to an organization 's first noteworthy round of investment financing. The name alludes to the class of favored stock sold to speculators in return for their venture. It is generally the first arrangement of stock before the regular stock and basic investment opportunities issued to organization originators, workers, loved ones and blessed messenger financial specialists. Tesla is the only company in the world, which produces fully electric cars. It is currently extending this mechanical point of preference to the luxury vehicle car market. Tesla 's system of offering smooth, Eco-accommodating
The company could expand even more to increase their market share. They must keep communications open through their relationships to avoid miscommunication and confusion. References Karniel. A and Reich.
First of all, let’s talk about the environment. I’m sure you all know about greenhouse gases and global warming, so I won’t talk much about that, but you may not know that road vehicles produce 10% of all man-made greenhouse gas emissions. This does include vehicles other than cars like trucks, but Tesla just came out with an electric truck which is faster and can carry more weight than any petrol/diesel truck. Greenhouses gases carbon-dioxide and methane have hit their highest levels in the past 420,000 years, and the extent of arctic sea ice has declined about 10% in the last 30 years.
It is expected that the performance of the company would further rise in the future in the automotive industry. However, the company is required to improve their net income in order to increase market share. (Figure 1) Tesla Motors Company has a unique position in the car market which forms the company’s biggest strength. The unique position of Tesla Motors is revealed on the fact that the company not only sells cars but also sells new technologies. Basically, betting on Tesla Motors encompasses integration of a new technology.
TESLA Motors In The Netherlands 1. Introduction Tesla Motors Inc. is an American car manufacturer based in California. Founded in 2003, it has become one of the fastest growing companies in the electric vehicle (EV) market. In 2016, Tesla had a revenue of $2.28 billion and sold 76,230 units (Ferris, 2017).
First of all, let’s talk about the environment. I’m sure you all know about greenhouse gases and global warming, so I won’t talk much about that, but you may not know that road vehicles produce 10% of all man-made greenhouse gas emissions. This does include vehicles other than cars like trucks, but Tesla just came out with an electric truck which is faster and can carry more weight than any petrol/diesel truck. Greenhouses gases carbon-dioxide and methane have hit their highest levels in the past 420,000 years, and the extent of arctic sea ice has declined about 10% in the last 30 years. This is all because of global warming, and if we start switching to electric cars, we could make a big difference and maybe, just maybe the effects of global warming will decrease.
“Why Electric Cars are the Future” Introduction Attention Getter: It was Sunday at park, two college students were discussing about cars. One of them said that imagine about two decades ago, it appeared there was no effective alternative to the gasoline and oil, but now there is a better, cleaner, and more effective substitute to them: electricity. Although electric engines are not so widespread, more and more people consider changing their gasoline-fueled vehicles to electric cars. Then I discovered why electric cars are the future.
Electric vehicles face two main technological challenges, high costs and suboptimal batteries, this is where Tesla has taken the lead on its competitors, their batteries are cheaper, charge faster and have a better range than those of the competition (200+ miles, up to a maximum of 300 miles), the infrastructure for charging these vehicles is also rapidly developing. (technologyreview.com, How Tesla Is Driving Electric Car Innovation) The major innovation that is coming is fully autonomous vehicles, Tesla, Inc. has stated that all their vehicles are fully equipped with the software required and that total autonomy will start to
Firstly, the Boston Consulting Group (BCG) matrix that concentrate the market position of different products. Secondly, the experience curve and the Profit Impact of Market Strategies model which identified a number of strategic variables. Furthermore, competitive advantages model (Porter, 1985) which focus on five different forces in environment of organization, but suit with only stable market. Generic strategy was developed strategies under this school, especially it can identify position in the market. Advantages: -Provide content in a systematic way to the existing way of looking at strategy -Particularly useful in early stage of strategy development, when date is analyzed -This school emphasis on analysis and calculation can be a very strong support to the strategy development process -This strategy suit with big businesses or organization which have ability for operate effective market research in the environment
After these companies go about developing products, which may be product modification or it may be a completely new product. Product offerings are increasing every year as consumers are looking for more and more variety of products. Companies which are unable to churn out new products fall back on competition and suffer the consequences. Companies face danger not just from competitors but consumer needs, technology, and product life cycle. New product development has its share of challenges.
It would aim at establishing a strong customer lifetime value. It would also search for new markets in other
Existing brands of electric cars include Chevrolet Volt, Model S Tesla, Nissan Leaf and Ford Focus. These vehicles have revolutionized the motor vehicle sphere because they are environmental friendly. It is important to note that vehicles release toxic carbon emissions into the atmospheric environment which in turn lead to pollution. Thus, to help curb this menace, electric vehicles should be part of our future.
The automotive industry is facing changes due to ecological impacts on the environment. Many automotive manufacturers such as BMW and Audi are now entering into the electric car industry where Tesla has established itself in. In this environment, there is a need for rapid innovation a firm 's capability to produce new technological products become crucial to survival in this industry. For this reason, human relations management will be beneficial to an organization as it allows creativity in employees who will be able to respond to changes in the environment efficiently and quickly which gives a company flexibility. " CEO Elon Musk created a master plan to compete with other automotive manufactures which were to Build sports car, use that money to develop an affordable car, use that capital to create more affordable vehicles, produce zero-emission electric vehicle power generation options (Tesla).
Expanding into Latin America New markets for any company can be anywhere in the world and since this world every day is becoming more globalized every single company around the world is targeting moving into new places and being able to expand their horizons around the world. Latin America is a region that is becoming more and more approachable to companies from around the world. It provides with a fast variety of raw materials and labor possibilities for them to exploit. Before any organization moves into a new market it must first evaluate it and scan its possibilities in order to determine the best option for it. The following is a description of this process and the best options that the company selling high quality distance measuring technology
Interaction with the final customers As a company, it's crucial to interact with the final customers because we sell directly to the final customer. By this, Tesla makes sure that our final customer gets a memorable experience and has access to all the services which a luxury car should offer. Once you have registered yourself in my Tesla, it provides you numerous features like Customizing your car, tracking your car lead time, finding the nearest charging stations,
Strategic marketing is a broad and practical subject which included the concept of marketing subjects of previous semesters such as business marketing. The study of this subject has contributed to marketing knowledge in many ways, as well as it has strengthened my skills in application of marketing concepts. My knowledge was increased that I was able to develop a complete strategic marketing plan of not only on the part of marketing analysis or strategy of a product or service, but also the whole corporate plan. My skills and capabilities that were developed and integrated during lectures and tutorials include the analytical skills, coordination skills, presentation skills, organization skills, etc.