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Smart EV launch campaign 2013
 

Smart EV launch campaign 2013

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  • Objectives:These are 2 clear and distinct objectives----- Meeting Notes (12/13/12 15:16) -----5,000 (10% of the expected 2012 EV market). Smart ED is considered a strong challenger in the EV market.
  • Car Industry – gas prices are fluctuating and have been increasing.Hybrid is pushing advances in the fuel efficiency areaThe fact that the TESLA Model S won car of the year is a testament to how Electric Vehicles are getting recognized among Auto enthusiasts and can compete with ICE vehicles.
  • Point out the Market Leader- Leaf & Volt----- Meeting Notes (12/13/12 15:18) -----Leaf: 8,300Volt; 20,800
  • ----- Meeting Notes (12/13/12 16:11) -----Price, safety,size is not enough
  • Meet seth and sara
  • Change Chicago!!!
  • People have the need to differentiate themselves. We live in a highly demanding world affected by the easiness of slipping into the masses. The fun element is forgotten and eventually we all become one among many. People are bored of that, they want to stand out, express their feelings and change the standards – bringing out their “geekiness”. They want to buy the EV smart car not because they need a car, it is beyond that, they want to buy it in order to make their lives easier, differentiate, express themselves and do the right thing by driving locally while thinking globally.
  • Geeks are the kids we all once used to tease in our school years. Those geeks though are nowadays the CEOs, the innovators and the stock market’s biggest players. The standards of coolness are shifting; it’s cool to act like a geek. Geek is becoming the new cool! The EV Smart Car will allow people’s inner “nerd” to stand out and make a statement with style. Proud to be Geek!
  • The smart EV is the most affordable electric car in the market. It is fun to drive, eco-friendly and has tech perks that you can plug into.
  • Blogger:Hire 10 influential bloggers to createbuzzforthecompetitionMaintain contact with followers about smartED Motivate around marathon “Prize”Why Blogger: Influential to engage relevant target Buzz worthPR implicationSupport consumer behaviorFBPreLaunch:Interact with the community on FB around the competition Direct to the competition FB page Leverage on marathon incentiveWhy FB: Reach & Engagerelevant targetInteractivityEfficient feedbackEntertainmentTwitter:Inform aboutProcess of competition and Brand newsCollect Feedback Push engagement on the FB pageWhy Twitter:Engage with relevant targetInteractivityEfficient feedbackInstant contactOnline Banner:Direct to FB pagePresence on relevant websitesContact with target audience through diplays that are:FunGeekGreen - Relevant websites:Cars, Tech, Green & Environmentally friendly, Travel, News, Entertainments) - Examples of Magazines:Wired.com; Thinkgeek.com ; Mashable.com; Fandango.com; Turntable.fmWhy Online Banner: Efficiency Reach AwarenessBrand imageEngagementPinpoint targeting
  • Launch:FB AppAccessible on mobileBloggers to create buzzRegistrationTo acquire email databaseCity Rep1st riddle sent by mail1st person to solve it and get to the check point is the city rep -
  • FBPreLaunch:Interact with the community on FB around the competition Direct to the competition FB page Leverage on marathon incentiveWhy FB: Reach & Engagerelevant targetInteractivityEfficient feedbackEntertainmentMagazine: Presence on 3 magazines categories:Geek/Tech Magazines: MacWorld, Wired, GeekAuto magazines: Automobile, Car and Driver, Fast CompanyEnvironmental MagazineWhy Magazine: Selective targeting/Reader involvement/Opportunity for repeat exposure/Frequency/Detailed informationSEM: 1. Google Search Engine For P&PCompetition For Campaign 2. Google Ad Planner 3. Monitoring controls:Keyword Search Volume Trends over flighting period smart’s position in the SEType of Keywords related to Competition:Competition Name TermsGeneric TermsTerms related to Competition (Theme, Riddles, Checkpoints)Terms related to teasing campaignWhy SEM:Precise/Efficient/Convenient/Relevant/PinpointYouTube: 1. Create different types of video:FunGreenTech-y 2. Tackle safety, space, price issue 3. Same ending, different stories 4. Upload videos to website & FBWhy YouTube: Reach/Engaging/Word of Mouth/Buzz worth/EntertainmentEmail: 1. Database from registration 2. Purchase Relevent List 3. Inform about smartED 4. Notifications of process of competitionWhy Email: Pinpoint Targeting/Engagement/Reach/Frequency/Personalized
  • PR one day event:1. Host big event:green, techy and fun2. Invite Media3.Announce: Launch of smartED big winner MarathonhostWhy PR: Attractive to media/Creates a buzz/Detailed information/Engagement/Entertainment
  • PR one day event:1. Host big event:green, techy and fun2. Invite Media3.Announce: Launch of smartED big winner MarathonhostWhy PR: Attractive to media/Creates a buzz/Detailed information/Engagement/Entertainment
  • FB Post Launch:Direct to the smartED page Interactive with target Hype on MarathonWhy FB: Reach & Engagerelevant targetInteractivityEfficient feedbackEntertainmentOnline BannerPost:Direct to SmartEDwebsiteWhy Online Banner: Efficiency Reach AwarenessBrand imageEngagementPinpoint targetingSEM: 1. Google Search Engine For P&PCompetition For Campaign 2. Google Ad Planner 3. Monitoring controls:Keyword Search Volume Trends over flighting period smart’s position in the SEType of Keywords related to Competition:Competition Name TermsGeneric TermsTerms related to Competition (Theme, Riddles, Checkpoints)Terms related to teasing campaignWhy SEM:Precise/Efficient/Convenient/Relevant/PinpointYouTube: 1. Create different types of video:FunGreenTech-y 2. Tackle safety, space, price issue 3. Same ending, different stories 4. Upload videos to website & FBWhy YouTube: Reach/Engaging/Word of Mouth/Buzz worth/EntertainmentEmail: 1. Database from registration 2. Purchase Relevent List 3. Inform about smartED 4. Notifications of process of competitionWhy Email: Pinpoint Targeting/Engagement/Reach/Frequency/Personalized
  • Expenditure of 7M-Percentages!!
  • Expenditure of 7M-Percentages!!
  • - Relevant websites:Cars, Tech, Green & Environmentally friendly, Travel, News, Entertainments)- Examples of Magazines:Wired.com; Thinkgeek.com ; Mashable.com; Fandango.com; Turntable.fm
  • Monitoring controls:KeywordSearch Volume Trends over flighting periodsmart’s position in the SEType of Keywords related to Competition:Competition Name TermsGeneric TermsTerms related to Competition (Theme, Riddles, Checkpoints)Terms related to teasing campaignFlighting Period: Teasing campaign and competition onlyType of Keywords of Campaign Brand TermsGeneric TermsSingular/Plural Term Misspelled Terms Competitive Terms Flighting Period: During whole campaign
  • Selects chosen were age (20-35), income ($30k+), live in urban areas.
  • Expenditure of 7M-Percentages!!
  • Expenditure of 7M-Percentages!!
  • Type of Keywords related to Competition:Competition Name TermsGeneric TermsTerms related to Competition (Theme, Riddles, Checkpoints)Terms related to teasing campaignFlighting Period: Teasing campaign and competition onlyType of Keywords of Campaign Brand TermsGeneric TermsSingular/Plural Term Misspelled Terms Competitive Terms Flighting Period: During whole campaign
  • Monitoring Controls

Smart EV launch campaign 2013 Smart EV launch campaign 2013 Presentation Transcript

  • Why are we here? smart electric drive campaignReason:Launch of the new smart electricdrive in Q1 2013 across the U.S.Overall Objectives:1. Increase brand awareness2. Generate sales of 5,000 unitsTiming:One year campaign
  • IndustryCar Industry: Electric Vehicles: TESLA MODEL S• Highly competitive • Energy efficient driving trend• Gasoline prices rising • Battery life improving• Improvements in vehicle fuel • High prices remain efficiency compared to ICE cars• Hybrid = Gas + Battery • Safety issues will get closer scrutiny• Appetite for smaller cars • Establishment of a charging station network
  • Competition Tesla Model S Ford Focu $59,350 EV$40,000 Chevrolet Volt Coda Sedan $39,900 Nissan Leaf $38,000 Fiat 500e $36,000 Honda Fit EV $36,000 Chevrolet $389/month Spark Mitsubishi $35,000 smart i-MiEVelectric drive $31,000 $25,000
  • Strengths Weaknesses Unique design & features Customization Younger audience Size Dealership network PriceInternal Negative perception Only convertible EV Limited interior space Ease of driving No back seat Crash tests Not powerful Zero emission Battery life /charging Fuel efficient – Cost effective Low insurance & repair Target market extension to the Awareness of charging cities infrastructure Attract younger audience Uncertainty of charging stations expansionExternal Limited competition Trend towards eco-friendly Competitor EV & hybrid dealer network Increasing gas prices Electric ≠ Hybrid National increase in charging stations Electric cars still expensive Limited space in parking lots Fuel efficient ICE cars Opportunities Threats
  • Brand Pyramid UniqueBrand Core Values Enjoyable- User Friendly Eco-Innovation- Eco-Friendly- Convenience Express yourself- Safe No worries- Agile Love to drive- Innovative Disable drivers guilt- Convenient Smile Inducing ConvenientBrand Personality Easy parking- Smiley Safe drive- Fun Roam without hurting environment- Unique Save on running costs- Responsible- Easy Going- Stylish Eco-friendly / 100% electric car- Intelligent Tridion safety cell Compact size High MPG / longevity on charge
  • Trends Social Media Online Survey • Facebook • Blogs • Questionnaire • Twitter • Articles • Dealerships • Instagram • eMarketer • User Comments People care for: …but look for: Price ways to entertain themselves Safety incorporating technology in daily lives Size having a positive impact on the environment
  • Where are they?1. Los Angeles2. San Diego3. San Francisco4. Portland5. Seattle6. Austin7. Orlando8. Miami9. Phoenix10.New York City
  • Who are they? Free Lifestyle Genius Interesting Stand out Trendsetting Ambitious Unique Thinkers Tech Savvy Innovative Environmentally conscious Think forward Out of Box Visionaries Un-ignorable No respect for status quo
  • The Insights• Easiness of slipping into the masses • Eventually become one among many • People are bored of that • Stand out, express yourself, change the standards • More than just the need for transportation • Need for expression, differentiation •Do it, but do it your way!
  • Wrong we are Righting Geek is the new cool!
  • Ideaplug into your smart green is cool smart is green “Plug in the fun… Geek it out” cool is smart geek is fun fun is smart smart is geek plug in your smart
  • Why should they believe this?
  • The Execution 1 Year Campaign Post Teaser Contest Launch Event Launch Marathon2 Weeks 4 Weeks 9 Months Launch Event: One day Marathon: One day
  • Teaser 2 Weeks Teaser # WHO’S THE NEW GEEK IN TOWN Objectives Strategy Media• Create a buzz in 10 biggest green cities • Los Angeles • San Diego • Bloggers • Online Banners and Social • San Francisco • Portland Media noise • Facebook Pages and Ads • Seattle • Twitter • Austin • Hire Influential Bloggers • Online Banner • Orlando • Miami • Phoenix • New York City
  • Plug & Play Contest 4 Weeks Register Plug Receive 1st Clue Get to check Get the clue point Get to 1st check point 1st Search + Solve the Involve riddle CommunityYou are the city representative
  • Contest 4 Weeks Contest # PLUG & PLAY Objectives Strategy Media • Host competition on FB• Drive Participation • Register for participation • Facebook page and ads• Engagement • Designate the city representative • Twitter • Plug & Play to get clues at • Magazines• Create smartED communities in checkpoints each state • Receive set of riddles to solve • SEM• Create Buzz Online • search + online engagement • YouTube• Education about smartED • Riddles about Fun, Tech and Green • Email (fun, tech-y, green) • Get access to the next checkpoint • Send Emails for updates
  • Launch Event One Day Launch Event THE NEW GEEK IN TOWN Objectives Strategy Media• Create a buzz around the • Host a PR Event smartED • Invite Media• Announce (print & online) • PR event • Winner of P & P • Announce launch of • Winning City Marathon smartED • Big prize of the player : a smart ED • Announce Results of P&P
  • Marathon One Day Marathon # GEEK IT OUT Objectives Strategy Media• Keep the hype during the campaign • Announce marathon as a prize at the beginning of the• Give motivation/incentive for P&P • Facebook Page the cities to engage in the competition • Facebook Ads • Motivate through social media • Twitter• Convey a green and fun image • Bloggers • Launch a Marathon event in• Remind the competition after the winning city couple of months of launch
  • 9 Months Post Launch Post Launch THE NEW GEEK IN TOWN Objectives Strategy Media• Keep the hype on smartED • Continue communicating on• Leverage on image: smartED • Facebook pages and Ads • Fun • Twitter • Tech-y • Leverage on the database • Online Banners • Green acquired and send news • SEM• Answer concerns • YouTube • Safety • Send invitations to test • Email • Price drives • Space
  • Breakdown of Budget Partnership 3% Video Prod Controls 2% Creative 5% Media Spend 10% Infrastructure of P&P Marathon Marathon Media Spend Creative 10% 50% Video Prod Partnership Infrastructure of P&P Monitoring Controls 20%
  • Breakdown of Media Spending PR Event 7% Bloggers Email 6% 5% FB Ads Bloggers 20% FB Ads SEM 12% Twitter Online Banners Print Youtube 5% Youtube Twitter SEM Print 15% Email 10% PR Event Online Banners 20%
  • Monitoring Controls of Media • Circulation • Online Buzz • Reader per copy • Google Analytics Print • Rate BaseBloggers • FeedBurner • # Registered Participants • # Users • # clicks Youtube • AdWords conversion tracking • Landing Page hits • Conversion rateFB Ads • # impressions • Google Ad Planner • CTR • learn with Google SEM • AdRelevance • # Followers • # ‘s Twitter • Leads • Open rate • CTR Email • conversions • Leads • CTR • # earned media • Conversions Online • Display ad mouseover • buzz and WOMBanners PR Event • # of visits to the websites • Display ad interactions
  • thank youride local. think global
  • smart electric driveappendix• creative brief• research o marketing trends o consumer trends o online - questionnaires o dealership o product o competition o social media• target audience - brainstorming• media breakdown
  • creative brief
  • Creative BriefBUSINESS BACKGROUNDWhat are we trying to do?Smart USA is launching the new 2013 smart fortwo electric drive model, a fully 100% electric vehicle, in the US market in Q1 2013. The smartcar fortwo ICE (Internal Combustion Engine) model has been in the US market since 2008. The 2013 smart electric drive shares the same body-style as the ICE model, however it uses an innovative electric power-train technology. The smart electric drive will be highly customizable withdifferent choices for exterior colors and interior upholstery. We are developing an integrated marketing campaign to launch the 2013 smartelectric drive.What’s the opportunity?The Electric Vehicle (EV) segment is still at an early stage but seeing significant traction. US vehicle shoppers start to consider purchasing EVsto offset the uncertainty around gasoline price inflation. Combining this with the rise of “green” consumers who are looking at more ways tobe environmentally conscious, there is potential for us to position the smart electric drive as the most fun and affordable EV.What are the key challenges?Lack of education among consumers as to how to differentiate EVs, hybrids, plug-in hybrids. Manufacturers are tagging cars as “green” all thetime.High initial costs (charging stations at home) and low resale value of EV cars.Electric charging infrastructure is relatively week across the US, especially in cities.Alter the current perception of the smart fortwo model: not safe, “cute” girl’s car, not enough space.Small budget compared to our competitors. Let them educate the customers and we will sell our brand.What does success look like?Leads: generate leads and genuine purchase interest from urban prospects.Sales: capture market share in the top cities where EVs are being sold.Increase brand awareness and appeal among younger audience.Increase reach and interaction with smart.
  • Creative BriefAUDIENCE INSIGHTSWho are we trying to connect with?We want to engage young people living in urban areas who do not just look for a vehicle to take them from A to B. They are innovative, uniquethinkers and have the need to stand out from the mass. They have a geeky side to them, are tech savvy and opportunists; always willing to goagainst the “known” to discover and craft the “unknown”. They are well educated and conscious about the environment and their impact on it.They want more than just satisfying their transportation need; they want to have a voice on the streets.. “They want to do it, but they want todo it their way.”• Core target is males and females 25-40 years old – in the top 10 cities in the US.What do they think / feel / say / do now?They know about the EV category and are excited about the progress of electric cars on the streets. They are not convinced as of yet to paymore for an EV. They know the Smart Car but they do not consider it trustworthy. Fuel efficiency, driving convenience in the city andenvironmental friendliness are factors positively perceived. In essence people are in the “Maybe, but” stage, the need the stimulus to movewith reassurance to the “Yes!” stage.The Insight:People have the need to differentiate themselves. We live in a highly demanding world affected by the easiness of slipping into the masses.The fun element is forgotten and eventually we all become one among many. People are bored of that, they want to stand out, express theirfeelings and change the standards – bringing out their “geekiness”. They want to buy the EV smart car not because they need a car, it is beyondthat, they want to buy it in order to make their lives easier, differentiate, express themselves and do the right thing.What wrong are we righting?Geeks are the kids we all once used to tease in our school years. Those geeks though are nowadays the CEOs, the innovators and the stockmarket’s biggest players. The standards of coolness are shifting; it’s cool to act like a geek. Geek is becoming the new cool! The EV Smart Carwill allow people’s inner “nerd” to stand out and make a statement with style. Proud to be Geek!
  • Creative BriefTHE COMMUNICATION IDEAPlug in the fun.. Geek it outGive yourself a break once in a while. Actually no, ife is too tough; give yourself a break as often as you can. Escape from reality andmisery through driving, engage fun in it and shift this necessary activity into an enjoyable experience you cannot get enough of. Youare an early adopter of the electric vehicle and it satisfies you to be innovative and take a stance using a fun smart car.Why should they believe this?The smart EV is the most affordable electric car in the market. It is fun to drive, eco-friendly and has technology perks that improvethe overall driving experience.MANDATORIES100% Electric CarWhat’s the brand personality and tone?Fun, unique, responsible, innovative, eco-friendly.
  • research –marketing trends
  • Current Trend of Electric CarAutomobile design has moved away from the old “Lead Sleds”, big, heavy, metal monstrosities that longdominated the American automobile scene. Technology has been used to create lighter and moreaerodynamic designs. This trend has been a boon to the electric vehicle, as the easiest way to increase itsrange is by decreasing its weight and wind resistance.Even so, range anxiety is still possibly the biggest barrier to the introduction of electric drive automobiles.This is best addressed by the Extended Range Electric Vehicle, which is essentially an electric vehicle with asmall internal combustion engine driving a recharging system, which recharges the battery (the main powersource) on the fly.This type of vehicle provides most of the advantage of an all-electric vehicle while allowing the range oftraditional internal combustion engine automobiles. It uses the gas stations on every corner to rechargeelectric vehicles. Many new carmakers and several established car manufacturers are pursuing thisapproach. In the USA, Ford, GMC and Chrysler all have their fingers in this technology.
  • Current Trend of Electric CarThough Toyota must be given credit for getting to the right market at the right time, the Prius is technologically astodgy old foot dragger with its dual drive hybrid system. This design features an internal combustion engine carwith an electric motor inserted into the drive train. This means that the vehicle carries the weight of the electricmotor and its massive battery plus a full internal combustion drive train!Another issue with the dual drive hybrid is system complexity. The fully electric car and its extended range cousinhave significantly fewer parts than the traditional automobile, making them easier and less expensive to maintain.However, the dual drive hybrid has all the maintenance requirements of an internal combustion engine car, plusthe maintenance of an electric car. In this case, more is not better.At present, price is another barrier to acceptance of electric cars. Simplicity of design can significantly reduce themanufacturing costs, and this is also an area of great opportunity. While there are enormous numbers of patentsin the area of electric vehicle design, few of them address innovations that drive down production costs. Just asHenry Ford’s affordable automobile manufacturing revolutionized the automobile industry, developments thatenable the manufacture of an affordable electric car may also impact the industry in profound and transformativeways.
  • Future Trend of Car IndustryMicro Environment:• Government InfluenceCountries like U.S. and China have put it on their national agenda to develop a leading role in electric car technologyGovernment try to speed market migration toward electric cars through financial incentive such assubsidies, taxes, investments.• Gasoline prices risingMore specific threats loom for older used cars in particular. Youve probably noticed gasoline prices rising, right?Well, that trend is likely to continue and even accelerate in future years as the number of cars on the road globallyincreases, and gasoline and diesel fuel continue to provide the go-juice for roughly 87% of these vehicles.Higher prices and limited supplies of oil, however, are going to catalyze an astounding increase in automotive fuelefficiency. Right now, U.S. cars require more than a gallon of gas, on average, to travel just 30 miles. But BP projectsthat by 2030, the average U.S. automobile will travel the same distance on just a half-gallon. Cars sold inEurope, meanwhile, have already hit that mark, and Chinese autos arent far behind.• Competitive Automobile world between companies
  • Future Trend of Car IndustryCar Industry:• Rapid improvements in vehicle fuel efficiency using petrol and dieselEven if we only saw 30% energy saving in 30% of vehicle miles driven in developed nations over the next decade, wewould save at least 9% in motoring energy use (at today’s rate of miles driven a year). That would be the same as cuttingtoday’s global emissions by more than 1%.Greening of the world car fleet is happening rapidly. JD Power Consultancy estimates that a third of emission cuts by2020 will come from improving petrol and diesel engines, and 14% from miles driven in electric vehicles.If all vehicles in America were hybrids, and half were plug-in hybrids (larger batteries), US imports of oil would fall by 8million barrels a day or by 80% of daily consumption.
  • Future Trend of Car Industry• Less oil consumption and More Batteries ConsumptionBatteries are going to be one of the biggest green tech businesses – powering not only phones and other smalldevices, but also cars, trucks, buses and just about any large piece of equipment that does not have a permanentelectricity connection. Expect sales of hundreds of billions of dollars. President Obama’s economic stimulusprovided $2.4 billion to fund battery innovation and electric car drive projects.Car batteries will have another purpose: linked together when charging at people’s homes, to create Virtual Storageby power companies, to assist their power management at off peak times. This will make it easier for them to plugin huge numbers of wind and solar generators. Smart grids will allow power to flow in both directions, so that eachbattery can become a power source to other people in the neighbourhood for short periods of time. If 200,000electric cars were plugged into the German national grid, it could make 8 megawatts of power available almostinstantly, giving more flexibility than the nation currently needs.
  • Future Trend of Car IndustryElectric cars:• EV-More energy efficient driving trendElectric cars are only part of the answer to more energy efficient driving. 70% of all EU freight is moved by road, and trucksuse 12% of all oil consumed in the US, but the energy efficiency of most trucks is as low as it was 40 years ago. We will see agiant leap in efficiency of new trucks – at least 40% in the next decade.• Lower emissions produced by Electric carsElectric cars can produce much lower emissions than burning fuel in mobile engines, but it all depends on how the electricityis generated. Burning petrol or diesel in a small, mobile engine can be inefficient compared to the most efficient coal-firedpower generators. When petrol is used to power a vehicle, only 15-20% of the energy is usually captured to drive the carforward, compared to 40% in making electricity in an efficient coal power station.It is true that a small amount of power is lost between power station and battery, and 20% of electricity put into the car islost in heat (batteries and other components). But even when we include these things, we can see that “coal-powered”electric cars are likely to be better users of fossil fuels than diesel or petrol vehicles.Where wind, solar, waves, tide or nuclear power is used to charge batteries, electric cars have zero emissions. Either way, airquality improves dramatically in cities as the use of electric vehicles increases. Owners can also save a huge amount ofvehicle tax on petrol or diesel since taxation is far lower on electricity. It typically costs only 1-2 cents a mile in electricity.
  • Future Trend of Car Industry• Prices will remain high for electric vehiclesPike Research notes that even though the Chevrolet Volt will have a pricetag that is $1,000 less in 2012, its stripped-downfeature set will turn off many potential electric vehicle buyers. In fact, prices for the Nissan Leaf will be higher for 2012than they were for 2011. The research firm believes that $23,750 is the optimal price range to inspire more mainstreamadoption, but most of the models that consumers will consider in 2012 will all be priced at more than $30,000. Thatincludes the Toyota Prius, the Ford Focus EV, and the Honda Fit BEV. Even though an anticipated glut of electric vehiclebatteries will affect the market in 2012, most of the batteries for the 2012 models were ordered before increasedproduction helped bring down prices. So, battery availability wont help with pricing until 2013 or 2014 model years, PikeResearch predicts.• Safety issues will get closer scrutinyTheNHTSAs declaration in November that it would look more closely into battery safety related to post-crash fires in theChevrolet Volt had electric vehicle critics clamoring, "I told you so." Lets be clear, the NHTSA is just doing its job AND ithas publicly stated: "NHTSA is not aware of any roadway crashes that have resulted in battery-related fires in Chevy Voltsor other vehicles powered by lithium-ion batteries. However, the agency is concerned that damage to the Volts batteriesas part of three tests that are explicitly designed to replicate real-world crash scenarios have resulted in fire."
  • Future Trend of Car Industry• Establishment of a charging station networkGas stations are ideally placed to support electric vehicle “refueling” and are already on the grid. This simplifiesthe establishment of a charging station network. Gas stations require only upgrades to their power lines, and theinstallation of some “electricity pumps”. Patenting and development of the electric car charging station has beensomewhat neglected until recently. Now the introduction of plug-in electric vehicles is driving greater activity inthis area, such as GE’s recent activity,"Systems and methods for charging a battery"). Still, there remainssignificant white space in this area.
  • Future Trend of Car IndustryTechnology:• More businesses will install chargersA number of companies, including one of the nations biggest parking-lot operators, announced plans toinvest in technologies. This is a trend that is likely to continue over the next 12 months, provided vehicle salesdont lag too much. The more likely it is for a person to juice up their car running errands or if they aretraveling to a city for the day, the better the chances for adoption. More businesses will install chargers. Anumber of high-profile companies (Adobe, GM, SAP, Google) have started installing chargers in office parkinglots and this trend will continue in 2012. Consider it to be one of the latest employee perk fads.• Wireless charging technologies will get wider testingI literally just heard from Evatran, the maker of the Plugless Power wireless charging technology. It has juststarting offering incentives to drivers of Nissan Leaf and Chevrolet Volt that want to test out its technology.The first 500 drivers that get involved will be eligible for up to six months of free electricity for charging theirvehicle. Sounds like Sears will help get the installations up and running.• Models will emerge for vehicle-to-grid electricity distributionIn scenarios where a house loses power, electric vehicles could play a role as back-up generators. PikeResearch predicts that applications will continue to emerge that hook electric vehicles and their charginginfrastructures more tightly into the home.
  • Future Trend of Car Industry• Development of fast charge technologySome observers worry about the recharging time required for the battery. Taking hours to recharge would restrict theusefulness of the vehicle for long trips. However, fast charge technology is already a high priority for electric cardevelopment. Several battery makers such as Altairnano have developed electric vehicle batteries that recharge in tenminutes with specialized equipment. Altairnano had a flurry of battery design filings in recent years, including, mostnotably, “Lithium Ion Batteries” which states in its abstract that the invention “is directed to lithium ion batteries thatprovide for rapid recharge, longer battery life and inherently safe operation.” Toshiba also has recent IP in this area.The introduction of electric vehicles into our present dealership network would require little change. Some added effortis needed to train technicians to service the electric drive systems. There will also be a need for diagnostic tools for thenew class of vehicle.These areas of development remain relatively wide open, awaiting the indication of a viable electric car design thatwould be widely used. The corollary equipment for recharging, test and repair will follow designs and technology thatshow the signs of popular adoption by the industry.
  • Future Trend of Car IndustryConsumer:• Car ownership will rise three times as fast -- up 60% over the next 20 years• Buyers will have far more choices in 2012Pike Research predicts that unit sales of plug-in electric vehicles will reach 257,000 units globally next year. Thepioneering technologies found in the Chevrolet Volt and Nissan Leaf will be joined by modelsfrom BMW, Ford, Honda, Toyota and Volvo, as well as the newcomers Coda and Fisker. North America will account forabout 66,000 of those unit sales, slightly more than for all of Europe but about half of what is predicted for theAsia/Pacific region.
  • research –consumer trends
  • Electric vehicle realities vs consumer expectations Figure 1: Global consumer segmentation for Evs (November 2010 - May 2011)Potential first movers: generally well-educated, with a higher-than-average number holding post-secondary degrees. They claim toknow much more about EVs than the might be willing consumers. They tend to live in urban areas.They are marginally more likely to bemale than female and represent the middle or upper class. They tend to see themselves as environmentally conscious, techsavvy, trendsetting, and politically active. They claim to be more knowledgeable of EVs and attribute a number of positive characteristicsto EVs: “coolness,” convenience, safety, stylishness, and good value. On this latter point, potential first movers are also sensitive togovernment incentives, fuel efficiency, and the cost to charge a battery. The appeal of electric vehicles to those who indicated an interestis the perception that these vehicles are cleaner, more environmentally friendly, and more efficient than traditional internal combustion-driven vehicles. Despite their apparent eagerness to buy an electric vehicle, however, the final decision to purchase or not will beinfluenced by a number of factors, including how well current and future vehicles meet their needs.
  • Electric vehicle realities vs consumer expectationsFigure 2: Consumers want mid-size sedan EVsSurvey question: If you were considering buying or leasing an electric vehicle, which type of vehicle would you be mostinterested in?For US: 1st Perference is Mid-size sedan; 2nd Preference is SUV/Crossover; 3rd Prefernce is Small sedan
  • Electric vehicle realities vs consumer expectations Figure 3: Range expectations exceed typical driving distance Survey question: What is the minimum range that an electric vehicle would need before you would consider buying or leasing it?On average, approximately how many miles/kilometers do you drive each day during the week (Monday through Friday)?Despite the relatively high willingness of consumers to consider an EV, many seem not willing to compromise in key criteria, such as range. While on average 80percent of drivers surveyed typically drive less than 80 kilometers per day, consumers expect EVs to travel considerably farther. The U.S. and France seemed to havethe highest sensitivity toward range, with only 63 percent and 67 percent, respectively, satisfied with a range of 480 kilometers.The expectation in U.S.77% satisfied with a range of 640 km63% satisfied with a range of 480 km44% satisfied with a range of 320 km20% satisfied with a range of 160 km3% satisfied with a range of 80 km Reality: Current technology permits most electric vehicles to cover an average of only 160 kilometers between charges. The main limiting factor for range is energy density. Looking at automobiles already introduced and announced product introductions around the world through 2013, for most manufacturers, the driving range of their pure EVs still falls short of consumer expectations (see Figure 5). In fact, there is little or no increase in range beyond 160 kilometers over this time horizon based on announced vehicle introductions from most manufacturers.
  • Electric vehicle realities vs consumer expectationsFigure 4: Majority of consumers expect electric vehicles to recharge in two hours or lessSurvey question: Considering your expected vehicle use, what is the longest time to fully recharge the battery that you wouldconsider acceptable when buying or leasing an electric vehicle?
  • Electric vehicle realities vs consumer expectations Reality: Electric vehicle chargers are classified by the The expectation: level of power they can provide to the battery Most of the consumers surveyed expected an electric vehicle to pack. For example, level 1 being the lowest recharge its battery in two hours or less. In all countries, only a small level of power and level 3 chargers supplying the highest level. With level 1 and 2 majority viewed eight hours—the actual and longest time it can take to chargers, anywhere from three to 20 hours are recharge the typical electric vehicle battery in vehicles today using a required which means that the traditional level 2 charger— as acceptable. model of periodic roadside filling stations will be challenging thereby leaving the charging limited to the home and possibly the workplace. Solution 1: Building and installing a recharging infrastructure: Level 2 chargers are preferred as they optimize charge time and cost for use at home or at an external facility. Consumers would not only have to plug in their vehicles overnight, but also be able to recharge in public spaces such as parking lots at grocery stores or office buildings. Each of these infrastructure improvements brings its own issues. Expense—and who pays—is certainly primary among them. The technology would likely have to be standardized so that an electric vehicle can recharge at any dock, not just those specific to its make.Solution 2: Convenient battery swapping stations: where drivers could exchange a dead (or dying) battery for a freshly charged battery in less than two minutes without getting out of the car. This couldreduce the cost of the battery and eliminate the concern over charge times. But it would add to the cost of infrastructure to build the stations and would likely cause significant challenges for electric vehicleautomotive manufacturers. Wireless inductive charging is another possibility, and three models are in development: electro-magnetic induction, magnetic resonance, and microwave.
  • Electric vehicle realities vs consumer expectationsFigure 5: Consumers are not willing to pay a price premiumSurvey question: How much more would you be willing to pay for an electric vehicle compared to a similarvehicle with a gasoline engine?
  • Electric vehicle realities vs consumerexpectations Figure 6: Consumers expect to pay less than $30,000 for an EV Survey question: If you were considering buying or leasing an electric vehicle, in which of the following price ranges would you be shopping?
  • Electric vehicle realities vs consumerexpectations Figure 7: Consumers are wary of fuel prices Survey question: At what price for gasoline would you be much MORE likely to consider buying or leasing an electric vehicle (EV)?
  • Electric vehicle realities vs consumer expectations Modest increase in fuel pump prices willConsumers in all regions surveyed indicated that their be tipping point toward EV adoption:interest in EVs would be stimulated by higher With rising fuel prices, consumers aregas/petrol prices. If, for example, the price of a gallon likely to become more interested in EVs.of gas in the United States rose to US$5.00(representing a hike of about 37 percent from theaverage price in the United States), the percentage ofrespondents who indicated they would be interested inEVs rises to 78 percent.The exception in U.S.One of these countries of exception may be the U.S.Notwithstanding Brazil, Turkey, and India, it appearsthat the U.S. market is closest to having oil/gasolineprices hit a level where consumers are much morelikely to consider adopting EVs. A close eye should bekept on the U.S. market for this reason as well as theirhigher tolerance to high purchase prices for EVs
  • Electric vehicle realities vs consumer expectations Figure 8: Fuel efficiency trumps Evs Survey question: If vehicles with gasoline engines of the size, performance, and other features you prefer were able to achieve the following fuel efficiency, at what point would it make you much LESS likely to consider buying or leasing an electric vehicle?Fuel efficiency of 50 mpg in large automotive markets, likeChina (57 percent) and the U.S. (68 percent), results in overhalf of the population surveyed becoming much less likely toconsider an EV. Consumers will be less likely to considerpurchasing an electric vehicle as the fuel efficiency of ICEsimproves. As a result automotive manufacturers will need tocarefully plan their investments to maximize sales of fuelefficient technologies consumers are willing to purchase.
  • online research -questionnaires
  • Online research - Questionnaire• We conducted an online survey to collect information about the smart brand and how consumers feel about the existing smart fortwo.• The following slides includes the most relevant information that we used to make our analysis and recommendations.
  • Research – Demographics Gender Age 0% 10% 20% 30% 40% 50% 60% 70% Below 20 Female Male 21-30 52% 48% 31-40 41-50 Above 51
  • Important Criteria in Car Decision Buying a Car? Buying an Electric Vehicle?60% 60% Important Important50% Most Important 50% Most Important40% 40%30% 30%20% 20%10% 10% 0% 0%
  • Awareness & Interest in smart car Aware of the smart car? Would Buy a smart car? Dont No Know 21% smart 21% Yes No 56% 23% Yes 79%
  • Why Buy or Not Buy a smart car? Buy smart vs Not Buy Buy Not Buy 80% 70% 60% 50% 40% 30% 20% 10% 0% Appearance Price Environmentally Customization Fuel Economy Safety Fun Driving Size Friendly Performance
  • Buy the smart electric drive? Buy a Fully Electric smart car? Yes Maybe 35% 39% No 26%
  • dealership research
  • Dealership Research• We wanted to gather first-hand research about the existing smart car and the state of Electric Vehicles sales by visiting the following dealerships around New York city: • smart car • Mitsubishi i-MiEV • Chevrolet Volt • Nissan Leaf (declined to allow us to gather information)
  • Dealership Research (smart car)• Who buys a Smart Car? • Why Do People Buy a Smart Car? • first time car buyers • Convenience • Students buy it for payment structure of • Cheaper insurance $99/month • Gas savings • Even people who own $100,000 Mercedes • Fast cars • unique thinkers • Easy to park • not concerned by what other people are • American market is really making a shift thinking about them or their car from larger to smaller cars. • They care about fine details • Icon parking garage for a monthly parking spot which is 3-4 time less than • quirky in their own right a regular car pays. Also half off for • really excited about the car daily/hourly rates • super excited about the mileage that you • They drive more expensive vehicles get 38 MPG • city is 30MPG • really noticeable at the pump
  • Dealership Research (smart car)• Why Do People Don’t buy a Smart Car? • Do they care about customization? • Safety, their mind is made up before they come in: • Characteristic of Smart Cars they want to its small, it’s not safe make it stand out and make it their own. • Space interior – come in looking for a 4 seater – unrealistic expectations • They can fully customize their cars • Wanting everything out of the car – unrealistic • They are not always aware of expectations customizations, but when sales people tell • The entry level car $14,000 is very them about customization, they tend to like basic/minimalistic (roll windows, etc..)– unrealistic it and do their own shit expectations • they come in because they are drawn to the car but not aware of all the options they• Is it their first car? Second car? Or 3 +? could do with it • Some people buy it for first time, mostly from • Suggested that there will be little or no attractiveness of finance/payment scheme customization for the Electric Smart Car • Usually though it’s a second car (or more) • Average Sales per month of Smart Cars • 20 for the past, because of the financing program ($99/month) and ease of parking (icon)
  • Dealership Research (smart car)• What’s your opinion/perception about the • Do you think electric cars are worth Electric Vehicle Smart Car? paying extra for (environement etc)? • Very excited about it • Already have huge customer inquiries on it • Will be the least expensive of the competition • Huge database already • 87 miles on the full charge • Excitement • 4 hours in city conditions • Least expensive car of its kind • full charge for 8 hours in regular • 220V down to 4 hours with $2500 • Would you buy it? • EV could be better used in the suburbs with the • Yes I already drive a gas smart car current setup in the cities – no chargers available at gas stations or around the city. • Pulling up at lights and people look at it • EV, would be a second or 3rd vehicle • Education about the brand and its benefits • Owners of electric cars love to highlight that its an electric car and that it is unique and special • Once people start using the electric cars, the more people will drive it the more charging stations will be available.
  • Dealership Research (Chevrolet)• Who buys an Electric Car? • Is it their first car? Second car? Or 3 +? • Not specific – no really clear demographics • Second car or more • Wealthy commuters • What do they care most about?• Why Do People Buy an Electric Car? • Technology in the Volt is fantastic. Even when compared to a normal gasoline car • Ecological view • Savings on gas/gas efficiency • Average Sales per month of Electric • High occupancy lane with 1 person Cars • You don’t have to sell this car, they come here • They are currently sold out for it • 1 a month – its quite unusual to sell it in the city• Why Don’t People buy an Electric Car? • North California (silicon valley, technology • Usually people that come into the dealership savy community) – a dealership sells have already set up their mind that they want around 68 Volts in 1 month (also due to the to buy the Volt. fact that you can use the fast lane)
  • Dealership Research (Chevrolet)• Who do you consider is your • Would you buy an Electric Car? competition? • He would definitely buy it • Prius • What do you think of the new • Leaf Electric Smart Car?• What’s your opinion/perception • Not heard of it. about the Electric Cars? • Technology is finally at a point where its drivable • Very convenient
  • Dealership Research (Mitsubishi)• Who Do you consider is your competition? • Would you buy an Electric Car? • Leaf • Not at this present time • He doesn’t know who else is the competition • They’re like golf carts • Volt (we told him about the Volt) • If you have a car and you live in the suburbs it could be a second car. So maybe as a second car yes.• What’s your opinion/perception about the Electric • He has no motivation to sell the Electric Car Cars? • It’s a great concept • What do you think of the new Electric Smart Car • Its too pricey at this time – because of the battery • I don’t know anything about it. • Downside of electric is the last of the charge, the distance you can travel• Do you think electric cars are worth paying extra for (environement etc)? • Its too early for electric • There are too many gasoline cars • Gasoline companies are making too much money and they will not allow the growth of electric cars
  • Dealership Research (Mitsubishi)• Who buys an Electric Car? • Is it their first car? Second car? Or 3 • No one buys the Electric Car +? • In suburbs it could be their 2nd or 3rd• Why Do People Buy an Electric Car? car • They don’t because Mitsubishi doesn’t • What do they care most about? advertise it. • There is also no incentive for sales people • They don’t buy it to sell the electric cars. • We’ve been asking the factory to take the Electric Cars back!!! They’ve been• Why Don’t People buy an Electric Car? there for a long time and no one is interested. • Factory doesn’t back the sale of Mitsubishi • Its for suburban areas • Average Sales per month of Electric • Because they don’t have anywhere to Cars charge it in Urban areas. • 0 • Its too expensive
  • Dealership Research – Summary of Findings• smart car • Chevrolet Volt • very enthusiastic about current smart • Sales people very excited about it car ICE model – selling well in the city • Out of stock – 1 per month is good • Students, middle-aged, older sales in New York generation, all unique thinkers • California – 69 per month at 1 • Safety is always a challenge dealership • Parking incentive is great • Great technology inside the car • Big interest/leads in electric drive car • Mitsubishi i-MiEV • Issue is that no chargers available at gas stations or around the city • No sales in New York • Sales people not excited about it • No advertising from Mitsubishi makes it impossible to sell
  • research - product
  • smart ED - Advantages • Attractive price (vs. competition) •Sophisticated batteries Not much more expensive than the non •Dedicated Smartphone app ED (remote, monitor functions) • First electric car “coupe” •For local errangs •Efficiency • Quieter than the regular smart •Big enough for 2 • The least costly credit •Cute / handy • Distributors: local smart dealers •Delivers power smoothly • Zero emission •Faster than the regular smart •Quiet • New motor to drive rear wheels
  • smart ED - Inconveniences • High entry costs • Threat of Fires • Looking for charging stations • Charging stations not widely spread • Too simple interior designs • Installation costs of chargers • Car feels fast but it is still slow • Doesn’t hold well • Brake and acceleration paddles are oddly positioned • Can be unstable
  • SWOT - InternalStrengths• Unique design & features Weaknesses• Customization – No two smart cars are the same, you • Not very popular with the younger generation can customize the car in any way you want • Not very extensive dealer network i.e. not available• Size nationally like normal passenger cars• Half prize in the parking lots • Consumer’s overall negative perception about the car• Ease of driving - fun • More expensive than competition• Similar performance with the sedans in the crash tests • Not many locations to charge it – Lack of infrastructure• No pollution as it is electric driven • Limited interior space• Fuel efficient – Cost effective • No back seat• Rated as one of the cheapest cars to insure and repair • Not powerful• Cheapest electric car • Battery life – waste of time to fully charge it• Spacious for two • External
  • SWOT - ExternalOpportunities Threats• Reaching newer markets which are not yet • Competitor electric & hybrid vehicles have very well explored established dealer & supply chain networks• Branding to be made more youth oriented • We cannot be sure when the chargers will become which will lead to more sales highly available• Limited competition • People are unaware of the difference between an• People are becoming more and more eco electric and a hybrid car friendly • (Prius is considered an electric car – WTF is wrong• People look for ways to express themselves – with people) customization • Price of electric cars is and will be high• Gas price will increase • More and more fuel efficient cars• Charging stations are increasing nationally• The number of cars in increasing - limited space in parking lots.
  • research competition
  • Industry & Competition (Pike Research Study) • Pike Research forecasts that California, New York, Florida, and Texas will lead the way in PEV sales. By 2020, Hawaii is expected to have the highest penetration rate of PEVs as a percentage of all light duty vehicle sales. • Among metropolitan areas, New York City, Los Angeles, and San Francisco are anticipated to have the largest sales of PEVs through the decade. In Canada, the provinces of Ontario, Quebec, and British Columbia, which account for 75% of the Canadian population, will represent 97% of Canadian PEV sales by 2020. Toronto and Montreal will lead Canadian PEV sales. • California car buyers will account for 25% of plug-in and pure electric vehicles (EVs) sold in the US for the rest of decade, says Pike Research. • Thats because the state is home to four of the top 10 metropolitan areas supportive of EVs: Los Angeles/Long Beach; San Francisco Bay Area; San Jose/Santa Clara; and Sacramento.
  • Competition Financials Nissan LEAF• Zero-emission leadership World’s most successful EV• Global EV retail sales: Competitors 39%, Nissan LEAF • Nissan is committed to leadership in the field of zero- 61% (23k units) emission mobility. Toward this goal, we have engaged• Cumulative sales of Nissan LEAF: 30 k units (As of May in a wide range of activities over the years. Nissan 2012) LEAF, the world’s first mass-produced 100% electric vehicle (EV), has already received numerous awards in• FY11 sales performance : Japan and around the world. Today its technologies• North America: and the philosophy behind it are recognized by many• TIV: 13.19 million units, +8.9% of our customers, and the car is a force propelling the• Sales: 1,080 k units, +11.8% Nissan brand value.• Market share: 8.2%, +0.2 points• thanks to Altima, Rogue and Versa• Nissan LEAF sales: 11 k units
  • Competition FinancialsNissan Leaf history:• 2009: Displayed at Tokyo Motor Show• 2010: First Nissan LEAF comes off line at Oppama Plant• 2011: Nissan LEAF; Sales start in Europe• New quick charger unit goes on sale• 2012: LEAF to Home system for powering residences announced• Awards won: 2010 Good Design Gold Award (for Holistic approach to promote zero emission• Vehicle [Nissan LEAF] and zero emission mobility)• 2011 European Car of the Year• 2011 World Car of the Year• 2012 RJC Car of the Year• Car of the Year Japan 2011–2012• During fiscal 2011, the Nissan LEAF passed the sales milestone to make it the world’s most successful electric vehicle. In total, 23,000 units sold.
  • Competition FinancialsChevy Volt• According to publicly available data, GM sold 326 Volts in the U.S. in December 2010, 7,671 in 2011, and 16,348 through September 2012. The surge in 2012 is a bit misleading since 35% of the year-to-date sales came in August and September, concurrent with those margin-destroying incentives.
  • Share of EV in US 2011 – Edmunds.com• Constraints on Leaf and Volt availability in 2011 support the theory that sluggish sales growth in the EV/PHEV segment stemmed from an issue with supply. Pre-orders made in 2010 claimed the Leafs produced in 2011, leaving only unclaimed pre- orders for consumers who decided to purchase a Leaf during the year. Leaf availability was further limited by Nissans decision to initially offer Leafs in only select states — still just 30 states by the end of 2011. While Chevrolet did not offer a pre- order program for the Volt, its availability was limited by the roll-out of the Volt in regional "waves," with nationwide availability beginning only in early Fall 2011. Volt sales increased as the roll-out progressed. Volt sales also rose when General Motors released in October 2011 some 2,300 Volts that dealers had been required to keep on display. Both companies have announced higher production for 2012, opening the door for potential growth in EV/PHEV sales if unmet demand does exist.
  • EV Car sales in U.S. (csmonitor.com)• Nissan sold just 984 Leafs in the U.S. in • Chevy Volt - This months[November] September, for a total of 5,212 so far in 2012 total may not quite equal last months vs. 9,674 in all of 2011. But Chevrolet sold plug-in sales of 6,784. The big 2,851 Volts in September for 16,348 so far unknown, however, is deliveries of the this year, up from 7,671 in all of 2011. Tesla Model S--which Tesla wont discuss.• [November] Sales of the Nissan Leaf battery- • With just a month left in the year, up to electric car rose to 1,539, almost matching 50,000 electric cars are likely to find last months total of 1,579, and more than buyers during 2012--almost triple the double its November sales of 672 a year ago. 2011 total of about 17,500. November marks only the second time this year that more than 1,000 Leafs have found • This years sales leader, the Chevy Volt buyers. range-extended electric car, logged 1,519 sales.• That still leaves the Leaf in third place, however, with 8,330 sales so far this • That brings the Volts total so far this year year. If the December sales keep pace, it will to 20,828, though the November number at least ensure that more Leafs are sold this is barely more than half the October total year than last years 9,674. of 2,961--a number helped bynow- expired sales incentives.
  • Nissan Leat & Chevy Volt sales (goodcarbadcar.net) Nissan LEAF Nissan LEAF Nissan LEAF Chevrolet Volt Chevrolet Volt Chevrolet Volt U.S. Sales 2010 U.S. Sales 2011 U.S. Sales 2012 U.S. Sales 2010 U.S. Sales 2011 U.S. Sales 2012January ----- 87 676 January ----- 321 603February ----- 67 478 February ----- 281 1023March ----- 298 579 March ----- 608 2289April ----- 573 370 April ----- 493 1462May ----- 1142 510 May ----- 481 1680June ----- 1708 535 June ----- 561 1760July ----- 931 395 July ----- 125 1849August ----- 1362 685 August ----- 302 2831Septembe September ----- 1031 984 r ----- 723 2851October ----- 849 1579 October ----- 1108 2961November ----- 672 1539 NovembeDecember 19 954 r ----- 1139 1519 December 326 1529Total 19 9674 8330 Total 326 7671 20828
  • smart car sales (goodcarbadcar.net)Current smart fortwo sales Estimation for smart electric drive U.S. smart fortwo U.S. smart fortwo U.S. smart fortwo • Based on this information and the Sales Sales Sales sales of the Nissan Leaf and theMonth 2010 2011 2012 Chevy Volt we can estimate that theJanuary 278 358 496 smart Electric Drive can reach salesFebruary 442 484 769March 677 425 999 of 5,000 (10% of the expected 2012April 680 467 764 EV market). Smart ED is consideredMay 695 492 703 a strong challenger in the EVJune 577 470 1017 market.July 560 327 780August 448 405 753September 422 469 1030 • And the fact that the smart brandOctober 367 327 998 has increased sales over the pastNovember 211 414 704 year then this estimate is realistic.December 570 710Total 5927 5348 9013
  • Nissan Leaf (December, 2010)Product:Pure ElectricT.A: NicheSales: -69% Jun12 vs. Jun11Range: 138 Miles, 99 MPG combinedSeats: 5 PassengersSales: 18.023 units sold in the US through Nov12 – top-selling Plug-in Electric car in the USPlan to launch other modelsPromotionFocus on EnvironmentalMessage: Do not compromisePrice:SV: starts at $27.700 and SL: starts at $29,750Lease: $ 379/month – $2.500 due at signingPlace:North America, Japan, Europe, Australia
  • Chevrolet Volt (December, 2010)Product:Plug in HybridPlans to launch Pure ElectricT.A: Mainstream BuyersSales: 28.825 in the US through Nov 2012x3 H1 2012 vs. 2011PromotionFocus on ActivismMessage: ConveniencePrice:$ 39.995Place:Europe, China, North America, Japan
  • Mitsubishi iMiEV (December, 2011)Product:Plans to launch Pure ElectricSportsRange: 82 MPS, 75 MilesPower: 47 KW motor and 16 KWH batterySeats: 4 PassengersSales: 34 units by March 12PromotionFocus on Fuel EconomyMessage: AffordabilityPrice:MSRP: $ 29.125Place:Japan, US
  • Fiat 500Product:Plans to launch Pure ElectricProduction version unveiled in LA Auto ShowRetro heritageExpected launch: 2013PromotionFocus on AttractivenessPrice:Approx $32.500Place:NA
  • Toyota Scion iq EVProduct:Plans to launch Pure ElectricCompact city carSeats: 3 adults (+1 child)Compared to the smartPromotionTech & SpecsDirect attack to smart “ready to outsmart”Price:Approx $17.000Place:West Cost, Canada
  • social media research
  • Analysis of Research - Smart Electric Drive• Primary concerns: Positive comments:• - size - easy and fun to drive• - not at all confident that the car is secure (in case of an accident) - seen as an urban vehicle of joy• - too fragile - a smart choice for the modern man• - image issues (fear they will be laughed at when seen driving a smart car)• Terrible news. My wife was hit by a Smart car. Now she has to pay for a new one.• yeah smart cars, like to see one go on a head on collision with a mack-truck n id like to see whos smart then.• So, the more I look at them, the more Im ready to trade in my explorer for a Smart ForTwo car, sure, if I get hit in it, I die, and itll suck in the snow, and its tiny, but 40+ mpg?• I just saw the largest couple get into a smart car poor car i laughed so hard.• No, I will not slow down for a smart car. If it fits in the bed of my truck, it dont belong on the road.
  • Analysis of Research – electric car marketPrimary concerns: • Drove a Mitsubishi i-MiEV today. No wonder people feel so negatively about electric• - poor design cars.• - driving experience & overall feeling => • The Mitsubishi i-MiEV runs on electricity. inappropriate That means the engine is quieter, which means the people laughing at your car will• - small size sound louder• - reluctant to drive one • some ugly cars....• - image issues (laugh at if seen driving electric • Nissan leaf is the worst looking car ever cars) • The Nissan leaf looks disgusting- don’t trust the numbers -> consider the diesel • Diesel POWER rules ,, electric cars can suck engines a way better option it.. Positive comments: • Just test drove Nissan Leaf (electrical car) - fun to drive and it was AWESOME!!!!! - incredible money savers (monthly gas expenditures) • This is the last thing Id spend money on!
  • target audience –brainstorming
  • Target Audience - Demographics Age 20-35 Adult Live in Well Urban Areas Educated Income SMART Professionals Range: $30k+ BUYER
  • Audience Profiling ConsumersSarah media: mostly Always connected No kids digital on her smartphone Multi tasking 30 y.o Well Recycles educated Always Active following person new trends She’s a Sociable blogger Income Newly 80.000 USD married Works for Self NGO confident Lives in the Healthy city lifestyle (Chicago)
  • Audience ProfilingSeth•24 years old•Recent graduate / Young professional•Lives in the city (San Francisco)•Works for a tech start up•Income 45.000 USD (but projected to grow)•Geeky•Ambitious•Tech savvy•Curious about things around him•Hangs out with his friends•Listen to indie rock music•He wants to get the most out of everything
  • media breakdown
  • Bloggers Objectives Strategy Reason Flighting• Engagement • Hire 10 influential • Influential to engage • Blinking Strategy bloggers to create relevant target • During Teaser • During Competition• Increase Awareness buzz for the • 1st Week post launch competition • Buzz worth • During marathon• Increase reach • Maintain contact • PR implication with followers about smartED • Support consumer behavior • Motivate around marathon “Prize” (incentive)
  • Facebook Page and Ads (Pre & Post Launch) Objectives Strategy Reason Flighting• Awareness • Pre Launch: • Reach & Engage • Pre-launch: • Participation • Interact with the relevant target • Pulsing Strategy • Engagement community on FB (Everyone) around the • Interactivity • Post-Launch: competition • Blinking Strategy• Direct Response • Direct to the • Efficient feedback competition FB page • Increase traffic to: • Leverage on • Pre: Competition • Entertainment marathon incentive FB page • Registration • Post Launch: • Post: SmartED website • Direct to the smartED page • Increase leads • Interactive with target • Hype on marathon.
  • Twitter Objectives Strategy Reason Flighting• Awareness • Inform about: • Engage with • Pulsing Strategy • Process of relevant target• Direct to FB page competition • Brand news • Interactivity• Increase traffic • Collect Feedback • Efficient feedback• Reach • Push engagement • Instant contact• Frequency on the FB page
  • Online Banners (Pre & Post Launch) Objectives Strategy Reason Flighting •Brand Awareness • Efficiency • Presence on relevant • Pulsing Strategy •Direct traffic to websites •Pre: FB page • Reach •Post: SmartED website •Increase conversion and • Contact with target CR (registration) • Awareness audience through•Increase Leads displays that are:•Inform and educate about • Brand imagesmartED • Fun • Geek • Engagement • Green • Pinpoint targeting
  • Print: Magazines Objectives Reason Flighting• Educate relevant target on • Selective targeting • Blinking Strategy smartED • Safety • Reader involvement • Price • Space • Opportunity for repeat exposure • Features • Customization • Frequency• Frequency • Detailed information• Direct traffic to smartED webpage
  • Magazines - Strategy Presence on 3 magazines categories: Geek/Tech Magazines Auto magazines Environmental MagazinesMacWorld magazine Wired Magazine Automobile Magazine Car and Driver The environment Magazine Fast Company Magazine Geek magazine (Targeting Young entrepreneurs)
  • YouTube Objectives Strategy Reason Flighting • Pulsing Strategy• Engagement • Create different types of • Reach video:• Show smartED in action • Fun • Engaging • Green• Convey Image: • Tech-y • Word of Mouth Green, Tech-y, Fun • Tackle safety, space, price • Buzz worth• Go Viral issue • Entertainment • Same ending, different stories • Upload videos to website & FB
  • SEM Objectives Strategy Reason Flighting• Presence where •Google Search Engine • Precise relevant •For P&P Competition •For Campaign • Efficient• Generate qualified •Google Ad Planner clicks to leads • Convenient • Recency Strategy• Increase CTR • Relevant• Direct traffic to • Pinpoint website and FB page
  • PR Event (the launch) Objectives Strategy Reason Flighting • Attractive to media • One day event• Awareness about: • Host big event • Launch of smartED • green, techy and fun • Creates a buzz • Competition • New image of smart • Invite Media • Detailed information fun, techy, green • Announce • Engagement• Direct Response: • Launch of smartED • Leads online • big winner • Entertainment • Traffic to smartED • Marathon host website • Buzz in green cities • Increase earned media
  • Emails Objectives Strategy Reason Flighting• Brand awareness • Database from • Pinpoint Targeting • Recency Strategy registration• Frequent contact with • Engagement acquired prospects • Purchase Relevant List • Reach• Increase responses • Frequency• Increase leads • Inform about smartED • Personalized• Increase CTR • Notifications of process of competition
  • Flighting Teasing Competition and Launch Event Post-Launch Marathon Post Launch Continued w1 w2 w3 w4 w5 w6 w7 w8 M3 M4 M5 M6 M7 M8 M9 M10 M11 M12BloggersFB AdsTwitter OnlineBanners PrintYoutube SEM EmailPR Event Heavy Medium Light
  • Breakdown of Budget Partnership 3% Video Prod Controls 2% Creative 5% Media Spend 10% Infrastructure of P&P Marathon Marathon Media Spend Creative 10% 50% Video Prod Partnership Infrastructure of P&P Monitoring Controls 20%
  • Breakdown of Media Spending PR Event 7% Bloggers Email 6% 5% FB Ads Bloggers 20% FB Ads SEM 12% Twitter Online Banners Print Youtube 5% Youtube Twitter SEM Print 15% Email 10% PR Event Online Banners 20%
  • Monitoring controls of Media • Circulation • Online Buzz • Reader per copy • Google Analytics Print • Rate BaseBloggers • FeedBurner • # Registered Participants • # Users • # clicks Youtube • AdWords conversion tracking • Landing Page hits • Conversion rateFB Ads • Google Ad Planner • # impressions • CTR • learn with Google SEM • AdRelevance • # Followers • # ‘s Twitter • Open rate • Leads • CTR Email • conversions • Leads • CTR • # earned media • Conversions Online • buzz and WOMBanners • Display ad mouseover PR Event • # of visits to the websites • Display ad interactions
  • Digital-SEM Keyword CostKey Words Estimated Average CostMercedes Smart $ 3.50Smart Car $ 3.87Smart Electric Drive $ 3.43Small cars $ 1.02Electric Drive $ 1.58Green Car $ 0.05Electric Drive $ 2.56Electric Drives $ 2.06Mitsubishi EV, Nissan Leaf, $ 2.03Chevy Volt
  • Digital - SEM - Type of KeywordsType of Keywords related to Competition: Competition Name Terms Generic Terms Terms related to Competition (Theme, Riddles, Checkpoints) Terms related to teasing campaignFlighting Period: Teasing campaign and competition onlyType of Keywords of Campaign Brand Terms Generic Terms Singular/Plural Term Misspelled Terms Competitive TermsFlighting Period: During whole campaign
  • Tackle charging stations issue – Potential addition Partnership with Parking Lots Consolidated App with