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Published byClarence Lamb Modified over 9 years ago
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By Jeni, Kimberly & Mussa
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Our Future To Gain Market Share And Maintain our Leadership position through a strong promotional strategy focusing on going Green
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New Product Strategy Make more consumer products using our expertise in automotive development and production engineering Continuous improvement on current offerings
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Promotional Strategy – Prius (and other hybrids) Focus communications on going “Green” –Target market Environmentally friendly $$ on gasoline prices 18-30 year olds channel of communication –Concentrate on innovative technological devices ex. Cell-Phone television ad space
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Promotional Strategy – con’t “Go Green” hybrid car to promote around town (major cities) –Offer tax incentives to trade in gas guzzlers
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Brand Management Brand position – Capture “environmentally friendly” perception Focus on Increasing Brand Loyalty (life customers) Brand expansion (Diversifying into other markets) ex. Housing, robotics, finance, farming… –“We make things and … cars, too.” Work towards becoming an “American” name brand
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New CRM emphasis Identify strong new prospects Prevent Customer Defection –(brand switching) Keeping car with customer longer Incentives to move laterally or trade up
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How we will meet our Customer’s Needs Need Safety Better fuel efficiency More features Benefit Go to 5 stars Continuous improvement
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2005 Toyota Prius 4-DR. Crash Ratings (5 star scale) Frontal ImpactSide Impact Driver's Side5Front Occupant 4 Passenger's Side 4Rear Occupant 4
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MPG – City MPG – Hwy MPG – Combo Fuel Efficiency
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Features “Stock” stereos “Hybrid” - increased horsepower Broader warranty
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Current Corporate Social Programs Sponsorship with the Bass pro shop National Labor Day Foundation Have our own “Summer Concert Series”
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Future Social Responsibility Programs Implement safe driving classes in high schools Increase Global Awareness on Poor Air Quality Donate funds to research future flex fuel technology
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