Tanja Kuehni, Elisa Lokmagozian, Andrew Mirto, Erik Sharp.

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Presentation transcript:

Tanja Kuehni, Elisa Lokmagozian, Andrew Mirto, Erik Sharp

The Product Marketing Objectives Value Proposition Product Position Competitors Marketing Mix Financial Plan Conclusion Questions

 Tesla’s Model TRX ◦ Fully Electric ◦ Versatility, Power, Style ◦ 4 year or 50,000 mile warranty ◦ Same platform as Model S P85  Up to 265 miles range  416 horsepower  Speed: Up to 130 MPH

New, innovative product Green solution for truck market Growing market for electric vehicles Demand for better solutions socialmediatoday.com

(Kuehni, Lokmagozian, Mirto, & Sharp, survey, October, 2013)

Create customer value by responding to customer needs: (Better) MPG rate Luxurious interior More room Financial objectives: Sell 2,700 units in first year, 5,000 in second, 15,000 in third Break even by the end of the second quarter of the second year

Male Average Annual Household Income of $135,000 Outdoor-Oriented Perceived upper-middle class socialmediatoday.com

More-for-more position High level of consumer value Base price of $75,000

Luxury vehicles Mercedes, BMW, etc. High performance pickup trucks Dodge, Ford Raptor, etc. Electric vehicles Nissan Leaf, Chevy Volt, Porche Panamera E-hybrid

Value and demand of an electric truck 2700 vehicles in the first year Break-even at 26 units Outdoor oriented males with $135,000 Value proposition and More-for-More Competition $75,000 with whipped cream and cherries on top personal selling and Advertising/PR

  About Tesla. (2013). Retrieved 10 15, 2013, from Tesla:  Addison, J. (2013). Best Electric Cars and Plug-in Hybrids for Retrieved 10 18, 2013, from Clean Fleet Report:  Berman, B. (2013, 07 23). Tesla Will Soon Face Competition, Or Not. Retrieved 10 16, 2013, from Plugin Cars:  Bigelow, P. (2013). Electric car sales have doubled, thanks to high gas prices. Retrieved from  Contingency planning. (n.d.). Retrieved from  Crupi, A. (n.d.). Retrieved from  EDTA. (n.d.). Retrieved from website:  Eia.gov. (2013). Retrieved from  Facts. (2013). Retrieved from

 Fisher, T. (2013, 09 03). Will Tesla Alone Double Global Demand For Its Battery Cells? Retrieved 10 16, 2013, from Green Car Reports:  Ford. (2013). Retrieved 10 16, 2013, from Ford:  Fortenbaugh, C. (n.d.). Hybrid cars: Not so environmentally friendly. retrieved from  Healey, J. R. (2013, April 24). 10 cheapest cars: Why (almost) nobody buys them. USA Today. Retrieved from  King, D. (2012, June 7). [Web log message]. Retrieved from  Lampton, C. (2008, 08 18). How Electric Car Batteries Work. Retrieved 10 15, 2013, from How Stuff Works: car-battery4.htm  Marketing Research. (n.d.). Retrieved from research  Martschenko, A., & Gabriel, M. (2013). Automotive. Retrieved from  Motavalli, J. (2013, 09 06). As It Increases Production, Tesla Worries About Battery Supply. Retrieved 10 15, 2013, from New York Times:  Musk, E. (2013). Retrieved from  Nasdaq.com. (n.d.). Retrieved from  Noland, D. (2013, 08 09). Life With Tesla Model S: Owner's Report After 5,000 Miles. Retrieved 10 17, 2013, from Green Car Reports:  Okulski, T. (2013, 04 03). The Plug-In Hybrid Porsche Panamera Is The Tesla Model S's First Real Competitor. Retrieved 10 17, 2013, from Jalopnik:  Rogowsky, M. (2013, June 21). Tesla 90-second battery swap tech coming this year. Retrieved from battery-swap-tech-coming-this-year/  Ruiz, R. (2008, May 5). In depth: America's best cities for the outdoors. Forbes, Retrieved from cx_rr_0512realestate_slide.html  Tesla. (2013). Retrieved 10 17, 2013, from Tesla:  Toyota. (2013). Retrieved 10 17, 2013, from Toyota:  U.S Census Bureau. (2011) annual social and economic supplement  Voelcker, J. (2013, January 10). How many tesla model s electric cars were built in  Retrieved from  Young, A. (2013). Five ways TeslaMotors could reach unit sales by Retrieved from unit-sales 