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Focusing on premium brands: BMW's core strategy

Focusing on premium brands: BMW's core strategy

          
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About the Book

Inhaltsangabe: Abstract: The word marketing is always appearing in most articles and books dealing with selling, the word has been watered down and in many cases lost its true value and sense. Most people mistakenly identify marketing with selling and promotion - but selling is only the tip of the marketing iceberg. It is simply one of several marketing functions, and often not the most important one. If the marketer does a good job of identifying consumer needs, developing appropriate products, and pricing, distributing, and promoting them effectively, these goods will sell very easily. Companies have to search for buyers, identify their needs, design appropriate products, promote them, store and transport them, negotiate, and so on. Such activities as product development, search, communication, distribution, pricing, and service constitute core marketing activities. We have defined the core marketing activities; supporting the sales force in their pursuit of revenues and profit. The marketing department have to focus multiple tasks ranging from product development to pricing. Often the marketing department is so intertwined in the sales processes that the marketing and sales division is one division, in order to maintain the direction required in order to achieve the objectives set up by the management. In the first part of this case we will look at the general term; strategic marketing and set up fictitious examples of how a company in the automotive industry would deal with strategic marketing and look at the tools available to the marketing department and how they are implemented. Being a multinational company like BMW you need a strategy for virtually prior to make a decision and this applies to marketing as well. The company has the past two decades developed from an international company to a global player, where the set of standards are different and the requirement for setting up a marketing strategy has changed. We have decided in this case to a
About the Author: Zur Biographie siehe https: //www.xing.com/profile/JohannesCornelius_Adari und http: //www.experte-haftpflichtversicherung.de/profil Bilbliographie: 1. Geschäftsmodell für den Online-Vertrieb von Versicherungen für Privatpersonen, Bachelorarbeit (case study), 2002 2. Focusing on premium brands. BMW's core strategy, Bachelorarbeit (case study), 2002 3. Introduction of IAS / IFRS by the BMW AG in 2000. Needs, effects and consequences for the group, Bachelorarbeit (case study), 2003 4. The effective reorganization of BMW Group applied to the New MINI. New strategies in the automotive manufacturing processes, sales and marketing, Bachelorarbeit (case study), 2003 5. The Spartanburg Plant Investment by BMW AG. Financial reasons for building the U.S. plant, Bachelorarbeit (case study), 2004 6. The takeover of Rover Group Ltd. by BMW AG. Goals, investments, mistakes and consequences of international investment decisions, Bachelorarbeit (case study), 2004 7. Mergers & Acquisition in der Autotmobilindustrie am Beispiel der Übernahme der Rover Group Holding Plc. durch die BMW AG, Diplomarbeit, 2004 8. Risikomanagement und Berufs-Haftpflichtversicherung für (Zahn-) Arztpraxen im Zeitalter des Patientenrechtegesetzes, 2014


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Product Details
  • ISBN-13: 9783838681931
  • Publisher: Diplom.de
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Spine Width: 4 mm
  • Weight: 109 gr
  • ISBN-10: 3838681932
  • Publisher Date: 10 Aug 2004
  • Height: 210 mm
  • No of Pages: 72
  • Series Title: English
  • Sub Title: BMW's core strategy
  • Width: 148 mm


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