Question

In: Economics

INTEGRATED MARKETING COMMUNICATION CASE STUDY BMW is a German multinational company which produces luxury cars. BMW...

INTEGRATED MARKETING COMMUNICATION CASE STUDY

BMW is a German multinational company which produces luxury cars. BMW vehicles are sold mostly to consumers who look for high standards for quality, luxury, and performance which BMW is known for. In Melbourne, there are several BMW dealerships and most new car sales took place through these dealerships after customers take a test drive and have an opportunity to inspect the vehicle and consider different options available. Due to the COVID-19 restrictions, car dealerships including, BMW showrooms, are closed in Melbourne since 6 August. However, the customers may request a test drive or arrange to purchase a car over the phone or reach out to a salesperson via other online methods. This situation will likely continue until December 2020. How could BMW dealerships in Melbourne use the Integrated Marketing Communication approach and its positive brand image to maintain car sales during this period?

Base your answer on information available online and your observations and support it with the theoretical knowledge acquired in the Unit.

Above critical thinking case study and you need analyse it with relevant Integrated Marketing Communication theory learned to identify solutions to the problems in the scenario.

Solutions

Expert Solution

Answer - BMW is a well known brand of luxury cars . People feel confident when they drive these luxury cars and it also enhances the status of the individual. Due to the pandemic situation, the consumers can not reach the producers for test drive . But the person who wants luxury will definitely buy it . Integrated marketing strategies should be used by the company for enhancing the sales in the market as it is a strategic, collaborative and promotional marketing function where targeted audience receives consistent brand messaging.

Following integrated marketing strategies can be followed by BMW for alleviating the problems of customers and dealers :

1. Communication methods : Firstly , we have to access different marketing communication methods. Attractive Communication methods ensures better results. There are different methods like content marketing, email marketing and social media marketing. We have to select appropriate media for communicating with our customers and building good relations.

2 . Marketing communication plan : We have to formulate a strategic plan about how to convey our deals with customers. We have to decide about the content to be presented before clients. Content is the king in interactive marketing programme . A refined content can give better results.

3. Segmenting the market : We have to segment the market according to the taste and preferences . For example, we can segment the market on the basis of price range. Customers who want high range of cars can be treated differently and who want low range of cars can be treated differently.

4. Consistency : We have to make consistency in providing content to our customers as it can influence buyer to buy the car . Also it ensures the goodwill of our brand.

5. Efficient Marketing Campaign : We must select the efficient marketing campaign which includes attractive graphic designs, multi pronged maketing campaign, short and attractive headlines that targets wider audiences.

6. Expert Hiring : Experts should be hired which includes research team, strategies , public relations team, digital and social media marketing team and design team etc. They can handle their department efficiently and our targets can be achieved.

Conclusion : As we know, social media is the biggest platform for online interactive marketing. We have to build strategies for delivering attractive content and maintaining market share. Various social media platforms like Facebook, Instagram, Twitter etc can be the best mode for communicating deals with customers.


Related Solutions

Bavarian Autoworks is an automobile repair company specializing in German cars such as BMW, Audi, Mercedes,...
Bavarian Autoworks is an automobile repair company specializing in German cars such as BMW, Audi, Mercedes, and Volkswagen. The company does two kinds of services most frequently: oil changes and tune-ups. The company has three kinds of capacity limitations: labor time, garage space, and hoist time. Doing an oil change requires 4 units of labor, 2 units of garage space, and 8 units of hoist time. A tune-up requires 5 units of labor, 1 unit of garage space, and 2...
Analyse the mini case regarding German luxury cars using the five competitive forces to determine the...
Analyse the mini case regarding German luxury cars using the five competitive forces to determine the industry’s attractiveness.
INTODUCTION TO MARKETING Based on the information provided in the case study, create an integrated marketing...
INTODUCTION TO MARKETING Based on the information provided in the case study, create an integrated marketing communication (IMC) for NOBU Hotels. Please include at least 4 promotional mix tools and describe the promotion/activity with sufficient details for each. Traveling in Nobu Style: Converting Restaurant Patrons to Hotel Guests The name “Nobu” is synonymous with an exceptional Japanese dining experience, perfected by chef Nobu Matsuhisa over a more than 30-year career. Matsuhisa, together with actor Robert De Niro and restaurateur Drew...
Study the case below and answer the questions given at the end: BMW: Marketing Subsidiaries in...
Study the case below and answer the questions given at the end: BMW: Marketing Subsidiaries in Foreign Markets BMW is a German manufacturer of high-quality motor cars, About half of its sales are in the German market, with the other half from exports. In reappraising Its markets and distribution strategy both in Germany and abroad, the company believed that its multiple layers of distribution were causing inefficiencies in its marketing efforts. BMW Germany Originally, BMW had a dual distribution system...
key take aways on integrated marketing communication
key take aways on integrated marketing communication
What is The Role of advertising agencies in integrated marketing communication?
What is The Role of advertising agencies in integrated marketing communication?
German luxury car maker Bayerische Motoren Werke AG BMW -1.22% has agreed to pay $18 million...
German luxury car maker Bayerische Motoren Werke AG BMW -1.22% has agreed to pay $18 million to the Securities and Exchange Commission to settle claims that BMW and two of its U.S. units had disclosed misleading sales figures. The regulator found that the Munich-based auto maker had provided inaccurate information regarding its U.S. retail sales while raising roughly $18 billion from bond investors. Between 2015 and 2019, BMW had boosted sales figures by having dealers register cars as sold when...
German Car Industry The luxury cars industry is one of the most prestigious mass-production industries in...
German Car Industry The luxury cars industry is one of the most prestigious mass-production industries in Germany. The country is recognized by many as the native land of the automobile; in fact in 1901, 900 vehicles a year were already produced. Throughout the century the sector turned out to be the pillar of the national economy. Germany's famous premier brands such as Porsche, Audi, Volkswagen, Mercedes-Benz and BMW are enviable all around the world. We are now going to tackle...
Which elements of the General Environment are significant to the future of the German luxury car...
Which elements of the General Environment are significant to the future of the German luxury car industry?
What are the elements of a company’s integrated marketing communication (IMC) mix and when is it...
What are the elements of a company’s integrated marketing communication (IMC) mix and when is it appropriate to use each? How would you formulate a budget and strategies for an IMC plan?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT