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Casestudy

Decent Essays

| BMW of North America: Dream It. Build It. Drive It. | Any customer can have a car painted any color that he wants so long as it is black. Henry Ford | | Sheju Sajan Koruth, REG NO: PA1227 | 9/20/2012 |

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ABTRACT:
BMW one of leading car manufacturing company at United States introduced a new market strategy in order to increase the sales of customized vehicles. But introducing of new marketing “Dream it. Build it. Drive it.” Lead to decline in BMW’s SUV sales at America so that it required a immediate response. BMW’s X3 model launched a new online service allowing the customers to view their car being manufactured by means of …show more content…

Gradually creating a feeling of getting car of their own ideas. As we go through the sales details after the implementation of new customization its crystal clears that even though external factors increase the customer won’t hesitate to buy his customized car. ANALYSIS: BMW was established in1918 as an engine supplier for military aircraft. Their first production of car was at 1928 and at 60’s the company entered a strong product line. In 1970’s the famous BMW 3, 5 and 7 series were introduced. Till 2007 the sales was having a small progress but when the global financial crisis and the increase in the cost of fuel decreased the sales of BMW (30% decrease and 50% decrease in sales of SUV). BMW had an evolutionary approach on marketing and advertising. Its sales increases from 2000 that is by introducing ‘Efficient Dynamics Concept’ which means that all BMW’s Group have lower emission. One of the main success of BMW was the introduction of the concept “KOVP, or “Customer- oriented sales and production process,” which was introduced in 2000. There had always a different in the sales between America and Europe, that is out the total sales in U.S only 15% were customized and where as in Europe half of BMW car built was according to customer’s specification. Slowly SUV’s sales decreased in America. So they introduced the new marketing strategy “Dream it, Built it, Drive it.” To their new model X3 in 2010.As American’s are different from others they need

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