1. Integrated Marketing
Communications for Tesla Motor
Car Company
Important Strategy & Objectives for Tesla Motor Car Company
A Marketing Campaign
(Sample Marketing Plan)
2. Strategic Objectives for Tesla Motor Car
Company :
CURRENT MARKET SHARE: 0.3% (Seeking Alpha, 2014) to
SEEKING TO EXPAND MARKET SHARE to 14% market share over the next 3 years
STRATEGY:
- Increase brand awareness among female and millennial demographic
- Increase brand recognition among consumers most likely to buy eco-friendly products
- Create action for consumers to buy electric cars available on the market….NOW!
- Create a new image for the Tesla Brand as a primary car company
- Educate consumers on the benefits of an electric or hybrid car
3. DEMOGRAPHIC BREAKDOWN
Millennials born between 1980 – 2000 (Eco-Conscious age group)
Middle class families with a median household income of 60,000+
Health and environment conscious individuals - families/mothers/fathers/grandparents
advocates)
Tech advocates ages 35 – 55 years old
Tech advocates/ high income/ ages 55+ males
Alternative energy advocates/green consumers
4. Marketing Mix
MARKETING MIX
Product, Promotion, Price & Place
We will create an emotional connection with our
who will want to buy our cars because an electric car
hundreds of miles of driving for less than a tank of gas!
Our promotions will include television ads, print ads
advertising methods to promote the brand and the
message
5. Message
POSITIONING STATEMENT
An eco-friendly, sleek, affordable, energy efficient -
family car which gives back to the environment and
handles like no other!
(Silent Engine/ 0% Emissions and Eco-Friendly)
6. Direct Marketing
As consumers shop for cars online :
Whether searching for information about electric cars or hybrid cars- a
banner or pop up ad appealing to how efficient electric cars can be will
appear
Did you know that the Tesla gets 265 miles to a full charge? Learn
more about the Tesla…….
Did you know the Tesla Model S has 691 horsepower and can go from
0-60 in 3.2 seconds? Learn more here…..
As consumers shop for energy efficient products such as light bulbs or
green products - a banner ad or pop up advertisement featuring the new
Tesla S model and its energy efficiency will appear.
Additionally – we will create Blog articles, Facebook articles, Twitter
messages, YouTube videos, Tumblr photos which will inform consumers about
the electric car industry as well as Tesla brand products.
7. Public Relations
This branch of marketing would continue to message the Tesla Brand
the company at the forefront of innovation and green technology!
Founder - Elon Musk will continue to promote his brand personally as
speak as a trend leader in the area of innovation and in the
cost efficient clean products
The only way to increase brand awareness is to offer more products
innovations which will complement the Tesla Car – eg. Batteries, solar
energy conversion etc.
Tesla must reshape its image towards affordability and practicality for
everyone- including moms and families.
8. TV & Print Media
Media Plan:
Print ads featuring a family and mom standing in front of their Tesla, out in the open air,
looking at a map on their next adventure (reminders of clean energy, energy efficiency,
family friendly & affordable)
TV ads – 30 second advertisement featuring the new S Model, being recharged, and driving
for many miles across country – time travel will be the theme.
See the car leaving the golden gate bridge and
reaching the coast of Florida in a few seconds.
Is it a Tesla or Time Travel……it’s both, it’s the
future!
National advertisement which focuses on reach rather than frequency
An advertisement during the Big Bang Theory (innovators, millennials and technocrats),
primetime 8pm which will cost $324,000 for 30 seconds (International Business Times,
9. Position- Reasoning
The position that Tesla should take is both in price and location.
Since the consumers of this car:
Are currently those with high average household incomes (175,000+),
developing a mid-level model that is affordable for mid level income earners
is crucial to expanding the success of the car
30K – 40K price point- may attract more consumers
Position the company as a PRIMARY CAR COMPANY, which is focusing on car
technologies and new innovations rather than a tech company that created a
car
Appeal to females and families – with color, features, safety, eco-friendliness
and affordability
Image must be more appealing to a wider cross section of people; urban,
families, grandma, granpa- save the planet for future generations!
Not just a car for technocrats but everyone!
Highest Safety Rating in America
The National Highway Traffic Safety Administration
10. Conclusion
Most consumers want to be informed and be a part of
innovation; but it must be made affordable, easy to
understand and easy to purchase (innovators, early adopters
through laggards)
The brand must expand its vision of its company as
appealing to a wide cross section of people
Marketing needs to come from a place of emotion,
motivation and desire
Create emotional value for the target audience
I want this car because…..
11. References
Sources: Bing Images, 2015
Tesla Motor Car Company, Brand Logo –Model S. retrieved on May 9, 2015
at http://www.teslamotors.com/
Seeking Alpha, Michael Fu. Tesla Needs to Capture 14% Market Share.
Retrieved at http://seekingalpha.com/article/2124193-tesla-needs-to-
capture-14-percent-u-s-market-share-to-justify-valuation/ on August, 24
2015