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STP segmentation, targeting and positioning

             4Ps of TOYOTA

             SWOT Analysis

            Flower of services

              Other Services

           Marketing Strategies

                 Website
• Industry: Automotive Robotics Financial services
• Products: Automobile
• Founded: August 28, 1937
• Founder(s): Kiichiro Toyoda
• Key people: Fujio Cho (Chairman), Akio Toyoda (President and CEO)
• Headquarters Toyota, Aichi, Japan
• Employees: 324,747 (2012)
• Subsidiaries 522 (Toyota Group)
                Toyota India
                Hino Motors, Ltd.
                Daihatsu Motor Co., Ltd.
                Toyota Financial Services
• Website: Toyota Global
• Area served: Worldwide
Toyota seeks to create a more prosperous society through
automotive manufacturing.




    Toyota aims to achieve long-term, stable growth in harmony
with the environment, the global economy, the local communities it
serves, and its stakeholders.
Toyota’s segmentation and target market is guided by its philosophy of
‘right car in the right place’:

• It has segmented all the countries across the globe as its market

• All of toyota's vehicles speak to a different consumer segmentation.

• Based on income, gender, life cycle stages, needs/desires, etc.

• Vehicles are designed so as to attract on the basis of lifestyle choices and
  specific attitudes.

• Toyota uses a psychographic and behavioral approach to segmenting the market
The prius:
• targets on conscious consumers who place an importance on the
  environment
• targets individuals that want to save at the gas pumps.
• targets individuals that care about safety, family, quality, etc.

  The tundra:
• Targets on consumers interested in functionality and recreation.

   The lexus:
• targets a more sophisticated, "classy" consumer, individuals interested in
  style, luxury, comfort, status etc.
• targets the middle aged consumer who care about family, safety, security,
  prestige....all wrapped up in a stylish bow.

   Trucks:
• truck lovers or professional who need trucks
70 different models sold under its name TOYOTA

• VANS: Sienna, Previa, Tarago, Estima

• TRUCKS: T100, Tacoma(4x2&4x4), Tundra CrewMax(4x2&4x4), Tundra Double
  Cap(4x2&4x4), Tundra Regular Cap(4x2&4x4)

• SEDANS: Avalon, Camry, Corolla, ECHO, Prius

• SUVs: 4Runner, FJ Cruiser, Highlander, Highlander hybrid, Land cruiser, RAV4, Venza,
  etc.

• WAGONS: Prius plug-in, Prius V, Pruis C, etc.

• Tercel, Supra, Yaris, etc....
TOYOTA uses:

•   show room,
•   advertisement,
•   free drive plan,
•   special offer and exhibitions,
•   after sales services,
•   Toyota’s blog: (http://blog.toyota.com)
•   TV programme,
•   Websites (http://www.toyota-global.com/)
                as a means of promotional strategy.
SWOT Analysis
Location of Factor                            TYPE OF FACTOR
                                     Favorable             Unfavorable
     Internal        Strengths                                    Weaknesses

                          Strong financial performance                 Poor profitability of ‘financial services’
                                                                       segment
                          Brand image
                                                                       Expenses related to post retirement benefits
                          Strong performance in Asia region
                                                                       for employees
                          Research and development activities

                          Toyota production system



    External         Opportunities                                Threats

                          Increasing demand for hybrid electric        Economic slowdown
                          vehicles
                                                                       Competition in the global automotive
                          Opportunities in Asian market                market
                          New models                                   Tightening emission standards

                                                                       Appreciating Japanese Yen against US
                                                                       Dollar
• Increase competitive strength through advanced technology:
      Environmental technology (fuel consumption, emission,
recoverability)
       Hybrid vehicles and next generation fuel cells
       Cost-reduction(discontinuation, integration of older
models )

• Increased emphasis on financial services and information
  communication system
• Financial services:
          Car loan and car leasing including Classic or Choices finance,
operating leases, Vantage leases, Driveway & Toyota Payment
          Protection products including car insurance, vehicle warranties and
servicing into one easy monthly payment.
          Payment Protection Insurance, a quick, easy and affordable way to
make sure you can keep up your payments in the event of an accident,
illness or death.
          Boat loans: online quote to apply for a boat finance with their
online loan application form

• Robotics:
       Honda’s ASIMO robot, Toyota’s new humanoid prototype, stands
130cm tall and weighs 50Kg, seven degrees of freedom on his legs (run
7km/h)
• Continuous improvement.

• Customer Satisfaction.

• Quality Products.

• Unique Production System

• . Respect for people.

• Segmentation, targeting, and positioning nurtured by its variety of
  offers and product attributes.
http://www.toyota-global.com/
Toyota marketing services

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Toyota marketing services

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  • 2. STP segmentation, targeting and positioning 4Ps of TOYOTA SWOT Analysis Flower of services Other Services Marketing Strategies Website
  • 3. • Industry: Automotive Robotics Financial services • Products: Automobile • Founded: August 28, 1937 • Founder(s): Kiichiro Toyoda • Key people: Fujio Cho (Chairman), Akio Toyoda (President and CEO) • Headquarters Toyota, Aichi, Japan • Employees: 324,747 (2012) • Subsidiaries 522 (Toyota Group) Toyota India Hino Motors, Ltd. Daihatsu Motor Co., Ltd. Toyota Financial Services • Website: Toyota Global • Area served: Worldwide
  • 4. Toyota seeks to create a more prosperous society through automotive manufacturing. Toyota aims to achieve long-term, stable growth in harmony with the environment, the global economy, the local communities it serves, and its stakeholders.
  • 5. Toyota’s segmentation and target market is guided by its philosophy of ‘right car in the right place’: • It has segmented all the countries across the globe as its market • All of toyota's vehicles speak to a different consumer segmentation. • Based on income, gender, life cycle stages, needs/desires, etc. • Vehicles are designed so as to attract on the basis of lifestyle choices and specific attitudes. • Toyota uses a psychographic and behavioral approach to segmenting the market
  • 6. The prius: • targets on conscious consumers who place an importance on the environment • targets individuals that want to save at the gas pumps. • targets individuals that care about safety, family, quality, etc. The tundra: • Targets on consumers interested in functionality and recreation. The lexus: • targets a more sophisticated, "classy" consumer, individuals interested in style, luxury, comfort, status etc. • targets the middle aged consumer who care about family, safety, security, prestige....all wrapped up in a stylish bow. Trucks: • truck lovers or professional who need trucks
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  • 11. 70 different models sold under its name TOYOTA • VANS: Sienna, Previa, Tarago, Estima • TRUCKS: T100, Tacoma(4x2&4x4), Tundra CrewMax(4x2&4x4), Tundra Double Cap(4x2&4x4), Tundra Regular Cap(4x2&4x4) • SEDANS: Avalon, Camry, Corolla, ECHO, Prius • SUVs: 4Runner, FJ Cruiser, Highlander, Highlander hybrid, Land cruiser, RAV4, Venza, etc. • WAGONS: Prius plug-in, Prius V, Pruis C, etc. • Tercel, Supra, Yaris, etc....
  • 12. TOYOTA uses: • show room, • advertisement, • free drive plan, • special offer and exhibitions, • after sales services, • Toyota’s blog: (http://blog.toyota.com) • TV programme, • Websites (http://www.toyota-global.com/) as a means of promotional strategy.
  • 13. SWOT Analysis Location of Factor TYPE OF FACTOR Favorable Unfavorable Internal Strengths Weaknesses Strong financial performance Poor profitability of ‘financial services’ segment Brand image Expenses related to post retirement benefits Strong performance in Asia region for employees Research and development activities Toyota production system External Opportunities Threats Increasing demand for hybrid electric Economic slowdown vehicles Competition in the global automotive Opportunities in Asian market market New models Tightening emission standards Appreciating Japanese Yen against US Dollar
  • 14. • Increase competitive strength through advanced technology: Environmental technology (fuel consumption, emission, recoverability) Hybrid vehicles and next generation fuel cells Cost-reduction(discontinuation, integration of older models ) • Increased emphasis on financial services and information communication system
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  • 16. • Financial services: Car loan and car leasing including Classic or Choices finance, operating leases, Vantage leases, Driveway & Toyota Payment Protection products including car insurance, vehicle warranties and servicing into one easy monthly payment. Payment Protection Insurance, a quick, easy and affordable way to make sure you can keep up your payments in the event of an accident, illness or death. Boat loans: online quote to apply for a boat finance with their online loan application form • Robotics: Honda’s ASIMO robot, Toyota’s new humanoid prototype, stands 130cm tall and weighs 50Kg, seven degrees of freedom on his legs (run 7km/h)
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  • 18. • Continuous improvement. • Customer Satisfaction. • Quality Products. • Unique Production System • . Respect for people. • Segmentation, targeting, and positioning nurtured by its variety of offers and product attributes.