...Marketing plan Student’s Name Institutional Affiliation Table of contents MARKETING PLAN – FORD MOTOR COMPANY……………………………………….4 Executive summary 4 Target market and positioning 5 Positioning strategy 5 Marketing strategies 6 Place 6 Promotion 7 Price 8 Product 9 Evaluation and control of ford motor company 10 Implementation and schedule 11 Conclusion and Recommendation ..12 Reference 13 MARKETING PLAN – FORD MOTOR COMPANY Executive summary The action of business of promoting and selling products and services is called marketing. It also entails market research and advertising. Other researchers define marketing as the communication that takes place between a seller and a buyer aimed at selling a product or service to the consumer. It involves passing information about the value of the product and encourages the consumer to buy it. Marketing is not all about advertising or selling goods or services as most people assume. It is a discipline that makes sure that those who produce services and goods can explain what the consumer likes and match each item or service with a consumer. The process of marketing is done by both small and big companies. This is because it helps in addressing critical market aspects. Marketing is the key to understanding competition in the marketplace. Ford Motor Company is an American Public Ltd company that works under the brand name of ‘Ford’. The company is a multinational corporation. It sells private cars and vehicles that are used...
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...Research Problem The history of Ford Motor Company was invented on superior brand products, which to this day, still exist. Ford is an American automaker, and the 5th largest automaker, according to worldwide vehicle sales. Ford has an immaculate line of vehicles, ranging from cars and trucks, which are among the best selling vehicles in the world. Ford has one of the strongest product lines ever, and based on consistent and continued strong sales, their demand keeps coming, and the Ford brand continues to get stronger. How does Ford and similar companies get their brand out there? In January 2014, Ford made a large financial commitment on digital advertising; Ford is mandating dealers to place more advertising co-op toward digital advertising, such as paid search and banner ads (Barkholz, 2014). Ford has placed lots of focus on relationship building, and growing as an industry leader in the automotive world. Ford continues to place special emphasis on changing the behaviors, attitudes, culture, and ideology of the organization, to ensure Ford Motors has the best interest of the consumer at all times. Over the years, Ford has learned the importance of seeing the business from the perspective of the customer, which should result in improved services, and new businesses from new consumers (Collier, 1987). Ford Motor Company launched its online marketing plan involving use of digital platform to engage its customers in 2008. The company contracted online marketers such as Scott...
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...The Role of the Marketing Plan………………………………………………………….1 The Role of marketing Information and Research…………………………………...2 The Marketing Audit……………………………………………………………………….4 A SWOT Analysis The Internal Environment…………………………………………………………………5 Strengths……………………………………………………………………………………..5 Weaknesses…………………………………………………………………………………5 The External Environment…………………………………………………………………6 Opportunities………………………………………………………………………………..6 Threats ……………………………………………………………………………………….6 Summary of key issues and implications for the eco-Nano…………………….…6 Marketing Objectives……………………………………………………………………..7 Segmentation, targeting and positioning strategies………………………………..8 The marketing mix………………………………………………………………………….9 Marketing budget………………………………………………………………………...10 A marketing Audit the Gap Analysis Recommend evaluation and control…………………………………………………12 Assess the internal marketing environment…………………………………………15 Processes and techniques ……………………………………………………………..16 The Boston Consulting Grid …………………………………………………………….16 McKinsey’s Seven S’s ……………………………………………………………………17 The planning Gap………………………………………………………………………..18 Brand management Role and significance of Branding…………………………………………………….22 Impact of Branding on marketing mix………………………………………………..22 Brand management……………………………………………………………………...23 Recommendation for improvement…………………………………………………..24 core section - task one Case – Tata motors 1 Introduction Tata Motors Ltd is a wholly owned company which is a part...
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...MKT 571 WEEK 2 TEAM ASSIGNMENT MARKETING PLAN PHASE I A+ Graded Tutorial Available At: http://hwsoloutions.com/?product=mkt-571-week-2-team-assignment-marketing-plan-phase-i Visit Our website: http://hwsoloutions.com/ Product Description MKT 571 Week 2 Team Assignment Marketing Plan Phase I, MKT 571 Week 2 NEW PRODUCT LAUNCH MARKETING PLAN Part 1 New Product Launch Marketing Plan, Part 1 Introduction Businesses fulfill a need; two main components of a successful business deal with location and differentiation. Location is important for the overall operations and niche of the business; product differentiation guarantees prolonged growth through an active marketing strategy. All marketing strategies follow three main parts: pre-launch, launch, and post-launch. The pre-launch phase, also called the planning phase. It seeks to identify the product and the company’s position, and then build awareness through segmentation and target goals. Part one involves a lot of research in situation analysis, goal setting, and creating a marketing program. Part two deals with marketing implementation to gain brand personality. Finally, Part three reviews the results and focus on growth analysis. Each phase has sets of criteria or questions that must be considered or answered; each equally vital to the success of the product or service offered by the company. Part one of this marketing plan will detail the pre-launch phase for ZENN Motor Company and the company’s introduction for...
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...1. History of Tesla Motors Global warming is the issue of universe but let’s keep it limited with our planet EARTH, to save earth from global warming Tesla motors took great step ahead to control pollution on EARTH by discovering electric car with high cost saving cars, soon they will be launch electric motorcycles. Tesla motors are baby of great person ELON MUSK and his team, who is founder of PAYPAL, SPACEX and now TESLA MOTORS. His visionary thinking to save planet by pollutions, creating spacecraft which is reusable gave him big success in markets of world. Company’s main strategy is to provide high cost affordable electric cars, which will help us to save earth from pollution. (Executives. (2012, June 26). Executive Bios. Retrieved March 31, 2014) Tesla Motors, Inc. is an American company that designs, manufactures and sells electric cars and electric vehicle power train components (EVs).Tesla Motors is public company that trades on the NASDAQ stock exchange under the symbol TSLA. In the first quarter of 2013, Tesla posted profits for the first time in its ten year history.Tesla Motors first gained widespread attention by producing the Tesla Roadster, the first fully electric sports car. The company's second vehicle was the Model S, a fully electric luxury sedan.Tesla also markets electric power-train components, including lithium-ion battery packs, to automakers, including Daimler and Toyota.Tesla's CEO, Elon Musk, has said he envisions Tesla as an independent automaker...
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...Introduction PIAGGIO Vietnam is a big motor company in Vietnam market. The company focuses on providing high-class motor for Vietnam market and also Asia market. Holding large market share of high-class motor market, PIAGGIO Vietnam is developing rapidly and gaining much profits. This report will help PIAGGIO Vietnam identify which process and techniques the company should use, and how the company uses them for getting good marketing environment audit. In addition, this report also refers some barriers to the company’s marketing planning process, and suggests some solutions for company to overcome these barriers. Contents I. Develop the formal structure of the marketing audit and conduct the audit of PIAGGO Vietnam. 1a. Use the marketing audit structure to appraise the marketing processes and techniques used by PIAGGO Vietnam. “A marketing audit is an examination of a company’s marketing environment and activities with a view to determining problem areas and opportunities and recommending a plan to improve performance”(BPP learning media, pg.174, 2010). There are three steps in making a marketing audit. The first step is analyzing internal factors. Internal factors are all factors inside the company. Internal factors include vision, mission, capability, marketing strategy, resources,… of the company. Internal factors affect strongly to the performance of the company. We will use value chain to examining the competitive advantage of the company come out from these internal factors...
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...New Product Launch Marketing Plan, Part 1 MKT/571 October 27, 2014 New Product Launch Marketing Plan, Part 1 Introduction Businesses fulfill a need; two main components of a successful business deal with location and differentiation. Location is important for the overall operations of the business while product differentiation guarantees prolonged growth through an active marketing strategy. Part one of this marketing plan will detail the pre-launch phase for ZENN Motor Company and the company’s introduction for Fuel Cell Vehicles (FCV). Identify the Product and Justification Product Description and Need Vast majority of the public still has yet to become enlightened to the uses and benefits of electric vehicle transportation. The ZENN Motor Company plans to answer this with the production and marketing of Fuel Cell Vehicles (FCV). The impact of this product will promote cleaner energy emissions- a viable alternative to a conventional internal combustion engine. The energy storage cells used in the production of these electric vehicles will revolutionize transportation on a global scale. Adopting fuel cell automobiles reduces carbon emissions, preserves natural gas resources, and lessens the dependency on petroleum oil production from the Middle East. Moreover, it gives future generations the ability to thrive from the adaptation of electrical vehicles versus the perpetual use of the combustion type vehicle. The use of combustion-based...
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...Project Marketing Plan Energizer Motors Inc Grp_FIP_Marketing Plan_Team_9 [pic] Grace, Space, Pace Prepared by: Safder Chandorewala (SC12823) EXECUTIVE SUMMARY Presenting a marketing plan for a car manufacturing company named Energizer Motors Inc. (imaginary company) in Europe. The reason for choosing Europe is that it is extremely saturated market for car marketing and gives chance to work in details about the key concepts and techniques of car marketing in a challenging market scenario. Energizer Motors Inc is established in year 2011. The prime focus of EM Inc is to cater the European car market in small and mid size car segment in the first two years and thereafter growing to wider segment of large and luxury car market. EM Inc. is targeting to strengthen its position in the automobile industry by product differentiation strategy, effective utilization of emerging technologies to attract the customers by adding additional facilities to its cars in City, Medium, Large and Luxury segments. EM inc is positioning itself as a pioneer of fuel efficient diesel engines, further it is looking forward to rapidly gain popularity in the niche market of luxury (premium) cars. The vision of our company is to be ranked amongst top three automobile companies in Europe. Our mission is to capture 1/3rd of European Car Market by 2025. CONTENTS Executive Summary Contents Company Profile ...
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...ntegrated Marketing Communication Plan for Ford Motors Executive summary An integrated marketing communication plan is a comprehensive plan to let customers know about a specific product. Today’s market is very competitive meaning that a producer must work hand in hand with the best marketers to ensure that products receive the best attention in the market and eventually increase sales. This paper will analyze the Ford Motor Company, one of the largest global manufacturers of motor vehicles. The company is facing an increasingly difficult market place with a well knowledgeable and choosy customer base. In this paper, the company targets sale of motor vehicle to college students and recent graduates. This target market has been chosen as it does not have campaigns directed at its specific needs by any other car manufacturer. The paper will detail both above-the-line and below-the-line communication networks in order to best capitalize this market. Background and target audiences Ford Motors is the second largest motor vehicle manufacturer in the US which is a very strong position considering that the US currently is currently the second largest vehicle market in the world (Dassbach, 1988). The major advantage is that the company is already established with worldwide acceptability among numerous customer segments (Ford Investor Relations 2013). Furthermore, the company has embraced some green concepts especially with the ECOnetic that focuses on the production...
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...INDEX TOPIC | PAGE NO. | INTRODUCTION | 2 | Nissan motors history | 3 | Engineering business function definition | 4 | Nissan organization performance | 4 | Departments in Nissan organization | 5 | Departments of Nissan | 5-13 | Examples of interdependence departments | 13 | Conclusion | 15 | Recommendations | 16 | Financial planning process | 17 | References | 19 | Introduction In this assignment research we will cover some specific business analyses from the Engineering side , Engineering and business are attached to each other’s because Engineering solutions may also include business solutions and the Engineer should have a brief background about the business management and the marketing strategies Therefore, and in depth understanding of business management is required in order for the engineering organization to thrive. Nissan Motor Company will be used as an example to help us grasp the concepts of business functions, how departments relate to one another and the process of decision making in an organization. Brief History of Nissan Motor Company Nissan is a Japanese multinational automaker located in Nishi-ku, Yokohama in Japan. ,they were not always known as Nissan. They actually started out as Kwaishinsha Motor car works in 1911 then changed its name to Kwaishinsha Motorcar co. around 1918. It did not actually start using the name...
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...Ford Motor Company In today’s society it is a very common theme for men, especially hardworking men, to want a truck. That being said, what better company is there for a truck or a durable vehicle to not only improve image but use as an aid in everyday working conditions than Ford? We think that Ford Motor Company is a very good company to investigate and research because of the solid foundation it stands on and the rich history and tradition of such an illustrious company. Ford has been at the forefront of the automobile industry for the majority of its existence. They have been a trailblazer as far as mass production, and advancements in just about every way imaginable. For these reasons and more we will be doing our dijuno project on the Ford Motor Company. We will be exploring the consumer-brand relationships, breakdown the ads (testimonials), how their product raises self-esteem, and the product as an extended self. The company mainly targets the working male who has the need for a big truck to do heavy lifting and towing. The company has the richest history of any car company in the U.S. and for that reason we will give a very in depth and concise overview of such. Ford also appeals to those who have the upmost pride and support of the U.S. Other things we will be evaluating and analyzing in our PowerPoint presentation will include the target market for different demographics, how it caters to the needs of the consumers, the strategies and tactics used to appeal to...
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...Schedule for Implementing a Driver Control Program MKTG6513 Abstract This marketing plan is used on lessening driver turnover by reducing the communication gap between drivers and dispatchers. For each of the three years of the marketing plan, a trucking company starts with$1,000,000. To prevent repeating prior mistakes which cause drivers to leave the company, effective marketing and promotion which highlight the change in hiring style need to be implemented. To be effective in a trucking company, technology plays an imperative role which is utilized very carefully in this plan to remain within the budget while using most of it. In order to retain and minimize the turnover percentage of drivers, their training is vital, so that they represent the company in a more effective manner and help the company to retain the client. Together, the relationship of drivers with dispatchers and technology suggest the company can generate profit with a moderate rate. The prevalent concern confronting the trucking business is not the mounting fuel and insurance expenses, but rather, the aptitude to entice, recruit and preserve excellent drivers. According to Keller and Ozment (1999), “[1] the cost to replace a driver has been reported to range from 3,000 to 12,000 dollars [1]” (p. 99). Where does one start to better retain a quality driver? Chances are you have many worthy drivers in your fleet, and the odds are even...
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...Marketing Mix Information in this paper begins by summarizing the market surroundings concerning the General Motors vehicle Chevy Volt, including a proposed marketing mix such as product, price, promotion, and plan. Additional information includes market affects and explains certain elements and there implementations. Specific information tells about General Motors position in the automobile industry, and General Motors existence. Closing information will put in plain words how other companies for such as, Ford and Honda produce their version of the hybrid car. General Motors Founded General Motors was established in 1908, and holds the highest standard as the number one leading in automobile sales in America. General Motors Organization staffs over 209,000 employees nationwide. The Chevrolet Motor Company is the leading General Motors brand, and others include GMC, and Cadillac. Louise Chevrolet , and William Chevrolet established the Chevrolet Corporation and General Motors purchased the Chevrolet Corporation in 1918, and have been the predominate owner until this day (Chevrolet Volt Campaign Strategies, p. 6). Mission Statement General Motors Corporate Officer, and Chairman Daniel F. Ackerson, and other chairmen developed a mission, and vision statement concerning General Motors Organization General Motors simple values and beliefs consist of the organization’s mission statement. According to General Motors Mission Statement (2013) emphasized: G.M. is a multinational...
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...Marketing Plan: Phase II Stacie Bradley, Joshua Czygan, Teresa Flores, Michael Lucas, Shemika Savage Marketing 421 April 29, 2012 John Brady University of Phoenix Ford Motor Company has been a fierce competitor in the auto industry and is emerging into a new market of complete electric transportation. In doing so the company must identify the target market and the needed segmentation criteria to do so. The organization should take into account, the different types of consumers of the Ford Pure EV, the influences of these consumers, and their competitors. Identification of Target Market and Segmentation Criteria Market segmentation for the Ford Pure EV will define the possible target markets for the intended consumers. Market segmentation is defined as “a two-step process of naming broad market-products, and segmenting these broad product-markets in order to select target markets and develop suitable marketing mixes.” (Perreault et. al., 2011). Market segmentation will allow The Ford Motor Company to identify the needs of consumers, develop a marketing mix, and identify the target of each segment. The criteria for segmenting a broad-product market should include “homogeneous, heterogeneous, substantial, and operational markets” (Perreault et. al., 2011). The demographics of potential customer play a vital role in market segmentation. Some important demographic dimensions include criteria such as age, sex, income, location, and family size. Additionally, the process...
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...Marketing Plan – Programmable Cruise Control Rebecca L. Smith Table of Contents 1.0 Executive Summary 2.0 Situation Analysis 2.1 Markey Summary 2.2 SWOT Analysis 2.3 Competition 2.4 Product Offering 2.5 Keys to Success 2.6 Critical Issues 3.0 Marketing Strategy 3.1 Mission 3.2 Marketing Objectives 3.3 Financial Objectives 3.4 Target Markets 3.5 Positioning 3.6 Strategies 3.7 Marketing Mix 3.8 Marketing Research 4.0 Controls 4.1 Implementation 4.2 Marketing Organization 4.3 Contingency Planning 5.0 Conclusion 1.0 Executive Summary Smith’s Cruise Controls is a new company that offers programmable cruise controls on Honda vehicles, starting with the Civic in 2012. The Civic was chosen because they offer a hybrid model and is already gas efficient and is the most popular model sold by Honda. The programmable cruise control will allow the driver to set two different speeds that will stay programmed after the vehicle has been shut off and back on again. This allows the average commuter to not have to continue to change the speed as their travel requires them to do so. This option will also allow the driver to save on gas mileage, which is a concern with consumers. Although there are cruise controls available today, Smith’s programmable cruise control allows the driver to set two different speeds to alternate between as they are driving. Current cruise control only offers one speed setting and resets each time the vehicle is restarted. Smith’s...
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