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Bavarian Motor Works (BMW)
• Headquarters in Munich, Germany
• Performance and luxury- The Ultimate Driving
Machine
• Heritage as a producer of roadsters
• Goal is to the “best” not the “biggest”
Why the Z3
• Captured the essence of BMW brand
• First mover against competitors like Porsche ,
Mercedes
• Interest across segmets
- Image conscious GenX ers
- Men & Women in 40s going for first roadster
- Nostalgic baby boomers
Why US
• Falling market for motorcycles generated
opportunity for substitute products for same
psychographic segment
• Need to grow into a global brand
• Escape high cost environment of Germany
• Target sales 100,000 in US mkt
- Mark for major players in global mkt. place
- Franchise extension to youth
- Less corporate more fun
• Sales in US needed attention (as per ex. 1)
BMW Marketing strategy
• Psychographic segmentation=> Non Traditional
marketing
Demographic segmentation => Traditional marketing
• Non traditonal fits in
- To weave car into American Experience
- Comes up in casual conversation
- “leverage the buzz” to promote the brand
- Cost effective for psychographic segmentation
Why a movie
• Adds glamour to the product
• Reaches out to hard-to-reach audience
- Foreign viewers
-Young people
• Highly visible placement with celebrity
endorsements – “ impact placement” – at an
average of $40,000

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BMW Z3 Roadster Captured the Essence of the Ultimate Driving Machine

  • 1.
  • 2. Bavarian Motor Works (BMW) • Headquarters in Munich, Germany • Performance and luxury- The Ultimate Driving Machine • Heritage as a producer of roadsters • Goal is to the “best” not the “biggest”
  • 3. Why the Z3 • Captured the essence of BMW brand • First mover against competitors like Porsche , Mercedes • Interest across segmets - Image conscious GenX ers - Men & Women in 40s going for first roadster - Nostalgic baby boomers
  • 4. Why US • Falling market for motorcycles generated opportunity for substitute products for same psychographic segment • Need to grow into a global brand • Escape high cost environment of Germany • Target sales 100,000 in US mkt - Mark for major players in global mkt. place - Franchise extension to youth - Less corporate more fun • Sales in US needed attention (as per ex. 1)
  • 5. BMW Marketing strategy • Psychographic segmentation=> Non Traditional marketing Demographic segmentation => Traditional marketing • Non traditonal fits in - To weave car into American Experience - Comes up in casual conversation - “leverage the buzz” to promote the brand - Cost effective for psychographic segmentation
  • 6. Why a movie • Adds glamour to the product • Reaches out to hard-to-reach audience - Foreign viewers -Young people • Highly visible placement with celebrity endorsements – “ impact placement” – at an average of $40,000