Date post: | 13-Sep-2014 |
Category: |
Marketing |
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Assignment of
Management Principles and Practices
Submitted by:-Ravindra KumarMBA/15004/13Semester - 1st
Topic: Market Audit of BMW
in German Market
Company’s profile
*BMW (Bavarian Motor Works) was founded in 1917.
*Headquarter of BMW is in Munich, Bavaria, Germany.
*BMW Group is now one of the ten largest car manufacturers in the
world with its BMW, MINI and Rolls-Royce brands.
*It possesses three of the strongest premium brands in the car
industry.
*The group also has a strong market position in the motorcycle
sector and operates a successful financial services business.
Company’s profile
*BMW brand is often cited as one of the ‘best’ in the world.
*The company continues to launch a stream of innovative products
as part of its battle with German peer Mercedes to be the world’s
largest luxury car maker.
*It combines the safety and convenience of a four-wheel-drive with
the on-road performance of a sports car.
Consumer’s Analysis
*BMW cars price range starts form Rs. 30 lakhs in Indian Market.
*Cars ranges are from luxurious to sports.
*Consumes are mostly of upper level income group and in some
extent middle level also.
*BMW's Cars are sold in more than 140 countries.
*The BMW Group sold approximately 1.29 million cars in 2012.
Sales Volume Record
2008 2009 2010 2011 20120
200000
400000
600000
800000
1000000
1200000
1400000
1600000
12022391068770
1224280
13803841450085
No. of Cars Approx
Consumer’s Analysis
*BMW has its own dealership and outlets, where the customers can
buy the cars.
*BMW has is great brand value, on which customers have their
faith.
*BMW has its own identity of making car’s engines, BMW’s engines
are widely used and successful engines in the world.
*Many sports car manufacturer use the engines of BMW.
Suppliers
*The main supplier of BMW accessories is in itself GERMANY and
one more is “US Auto Parts”, it is the company of California.
*Few more companies are there from BMW get their raw parts and
accessories.
*We have a pie diagram of suppliers and their region.
50%
17%
15%
13%
3% 1%
GermanyRest of Western EuropeCentral & Eastern EuropeNorth AmericaAsia/ AustraliaAfrica
Suppliers
Channel of Distribution
*Currently, the BMW Group uses assembly plants to manufacture
automobiles in six locations i.e. Thailand, Malaysia, Russia, Egypt,
Indonesia and India.
Assembly PlantsWarehouses
DealersOutlets
Customers
Competitors
*There are numerous companies are in the field of luxury and
sports cars.
*Few top competitors are:-
*Audi
*Mercedes
*Opel
*Porsche
*Volkswagon
Competitors
Ford
Volksw
agen
Audi
BMW
Vaux
hall
Land
Rov
er
Nissa
n
Mer
cede
s-Be
nz
Toyo
ta
Honda
Renau
ltMIN
I
Citero
en
Peug
eot
Volvo
Skod
aKI
AFiat
Mists
ubishi
Maz
da0
2
4
6
8
10
1211.129.87
9.168.29
6.84
4.594.083.893.783.763.213.093.042.862.772.68 2.5 2.431.651.56
Market Share (%)
Interest Groups
*BMW is known for its class.
*Corporate sector or business tycoons loves BMW’s cars
*These cars are also known for racing
*Car’s look and design plays very important role for interest for
customers
*Innovations like electric car also cause of interest in this brand
*BMW’s punch line is enough to get attention i.e. “The Ultimate
Driving Machine”
Bibliography
*www.bmwgroup.com
*BMW’s annual report 2012
*www.driveinside.com › Car Research
*http://www.usautoparts.net/bmw/parts/
*http://www.bmwgroup.com/e/0_0_www_bmwgroup_com/produktion/
produktionsnetzwerk/produktionsstandorte/montagewerke.html
*http://www.digitalstrategyconsulting.com/intelligence/2011/05/
top_20_car_brand_searches_ford.php
That’s All
Thank You