A brief presentation of what is doing AUDI in today's competitive luxury automotive market. Main markets, corporate culture, strategies, SWOT analysis, political - economical - environmental (PESTEL) analysis, leaders.
Audi Marketing Segmentation PresentationPavan Goswami
Please Leave You Valuable Comments.
This Presentation is About Marketing and Branding of an Automotive Company. We Choose Audi for this Presentation.
Topics Are - Market Segmentation
Geographic Segmentation
Demographic Segmentation
Psycho-graphic Segmentation
Market Targeting
Market Positioning
A brief presentation of what is doing AUDI in today's competitive luxury automotive market. Main markets, corporate culture, strategies, SWOT analysis, political - economical - environmental (PESTEL) analysis, leaders.
Audi Marketing Segmentation PresentationPavan Goswami
Please Leave You Valuable Comments.
This Presentation is About Marketing and Branding of an Automotive Company. We Choose Audi for this Presentation.
Topics Are - Market Segmentation
Geographic Segmentation
Demographic Segmentation
Psycho-graphic Segmentation
Market Targeting
Market Positioning
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Running Head: Honda Motor Corporation Target Market and Segmentation
Honda Motor Corporation Target Market and Segmentation
Davenport University
Eric Christopher Tingson Garcia
BUSN 520
April 05, 2015
Contents
Overview…………………………………………………........……………………………….….3
Primary Target Market.............………………………………………...…………………..….…..4
Secondary Target Market………….…………………………………………………………..…..6
Target Group....................................................................................................................................7
Market Position…………………………...............................................................................….…8
Conclusion…………………………………………………………...………………...…...…..…9
References……………………………………………………………...………………………...10
Appendix……………………………………………………………...……...…………………..11
Overview
Honda Motors Company being the third largest automaker in Japan is perhaps known best as an automaker giant in the industry. Although the company has had its roots in motorcycles, and is even currently the world’s top motorcycle manufacturer, Honda’s automobile product line still accounts for approximately 90 percents of its sales, especially in the United States where the majority of its sales are generated. Honda has manufactured and sold many top-sellers, such as Accord, Civic, Prelude as well as its luxury line within Acura. Such popularity having positive effect on the success of the company has also generated negative publicity, with the Civic having rank first in the United States’ list of most stolen, and thus “in demand”, vehicles. Other products within the Honda’s vast divisions include other times that bolster annual sale, such as agricultural and industrial use machinery, generators, engines, and all terrain vehicles (Minami & Minato, 2009).
Within every business or even every product, requires the need to have a target market. The target market is the group of customers conceived toward which marketing, promoting and, advertising efforts are broadly aimed. As such, it is essential to direct products at a specific market in order to determine proper price points, as well as distribution channels to which promotion strategies of the company is applied. Determining target markets encompass researching consumers in all various aspect, including but not limited to, characteristics of the group, such as age and gender, as well as social issues, religion, socioeconomic background and spending power. Honda Motor Company is well known for its use of geodemographic segmentation, where they utilize the “combination of geographic, demographic, and lifestyle characteristics to classify consumers” (Bateman & Snell, 2013). Honda utilizes marketing strategies that attract specific market and a multitude of related marketing mix. Having full grasp and understanding about its market demands, Honda is able to attain huge amounts of profits by identifying the characteristics of its target market, and a segment strategy which takes account o.
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This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
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Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
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Adverstisment brief
1. Background / Overview
Onyx Automobile Company is launching an entirely new and innovative self driving car
under the brand name “Autocar”. According to Shaw (2012), it is always important for
companies to incorporate strategy concepts into the strategic marketing. Thus, in this case study,
the primary marketing issue is the huge achievement that have already being recorded in this
sector by IT giants like Google, Uber and Apple as well as automobile firms like Honda, Tesla,
Nissan and Ford. Consequently, our business objective is to offer self driving car that is
attractive to current younger generation, who are not only highly tech-savvy, but forms part of an
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assigned the lead product “Autocar 1”. This is a very wonderful opportunity that will enable us
build an entirely new brand of self driving car from the scratch.
Objective
According to Almgren (2014), there are four major factors for targeting attractive markets.
These include stability, competition growth and market size. In line with this postulation, the
main objective of this marketing campaign is to convince the younger generation to purchase our
self driving car, known as “Autocar”. This marketing campaign is also expected to lead to the
creation and subsequent characterization of this new innovative brand of driverless cars.
Target audience
Our main targets are young adults and middle age men and women, whose ages range from
20 to 45 years. The rate of life of members of this demographic group requires: comfort, styles
and functionality. This people always want to feel authentic, relaxed and natural.
2. Focus
Autocar is absolutely driverless, whose designs and features are based exclusively on the
most recent technological advancements. Additionally, it is not just fuel-efficient but also eco-
friendly. It is actually the first and currently the only self driving car to have these features.
Consumer message
The first self driving car ever designed to suit your choice and lifestyle. The advertising tone
should also be innovative, trustworthy, comfortable, durable and modern.
Key consumer benefits
The Autocar offers functionality, comfort and style that are in line with the imagination and
lives of the current younger generation. It is also fuel-efficient, eco-friendly and highly
affordable. It is currently the cheapest self driving car in the market.
3. References
Almgren, Khaled. “The Four Factors for Targeting an Attractive Market”, International Journal
of Humanities and Social Science, vol. 4, no.9, 2014, 71-76
Shaw, Eric H. "Marketing strategy: From the origin of the concept to the development of a
conceptual framework", Journal of Historical Research in Marketing, vol. 4, no. 1,
2012, pp. 30-55.