3. Porsche Facts
• Founded in 1931 by Professor
Ferdinand Porsche
• First Porsche office was opened in
Stuttgart
• Offered consulting services
• Motor vehicle development work
• Headquartered in Stuttgart
• 70% of Porsche cars ever built are
still on the road
5. • 2008 Economic Recession
• High unemployment
• More conservative consumer spending
• Stringent emission standards
• Increased raw materials cost
Economic Factors
• Aging product line
• Introduction of Cayenne, Panamera and 911
• Strategic alliance with Volkswagen
• Sharing technology and innovation
• Resulted in SUV development
Internal Factors
6. How did these factors affect Porsche?
h American Porsche Annual Sales
Nort
Panamera
Boxster
Cayman
911
Cayenne
Total
11. • High quality
P
P
• High performance
PLACE
• High end exclusive sports cars
Marketing
Mix
P
PRODUCT
PRICE
P
PROMOTION
Marketing Mix
12. Marketing Mix
• Elite status
P
• Price range: $48,000 - $136,000
Marketing
Mix
PLACE
• High price=high quality
PROMOTION
PRICE
P
P
P
PRODUCT
13. Marketing Mix
• T.V.
• Print
• Direct mail
P
• Shifted to consumer focused
advertising
Marketing
Mix
PLACE
• Engineered for magic. Everyday.
P
PROMOTION
PRICE
P
P
PRODUCT
14. Marketing Mix
• Embrace American values
and expectations
PROMOTION
P
• North American Market
Marketing
Mix
P
PLACE
PRICE
P
P
PRODUCT
17. Marketing Segmentation
• Driven
• Ambitious
Top
Guns
• Enjoys sporty
car for daily
use
Everyday
• Women,
Users
younger
drivers etc.
Elitists
Porsche
Market
• Car is escape Fantasists
• Avoid flaunting
• Old money
• Blue bloods
• Not price sensitive
Proud
Patrons
• Ownership is
goal
• Trophy for hard
work
Bon • Jet-setters
Vivants • Thrill seekers
• Means of excitement
24. Strategy 2018
Increase
customer
enthusiasm
Return
Value- on capital
Sales of
creating 21%
200,000 cars
Return on sales
growth 15%
Excellent
employer and
business
partner
• Increase market share-double sales by 2018
• Porsche Pure-remain true to Porsche brand
• Value creating-growth, not growth at all cost
2011: Record breaking year
• 116,978 unit sales
• First year in Porsche history
with sales over 100,000 units
• $14.5 billion in revenue
• $2.6 billion in profit
30. Survey Questions
1. What is your overall impression of Porsche?
2. How would you rate the fuel-efficiency of a Porsche?
3. Which of the following cars do you prefer?
Lexus
Mercedes-Benz
BMW
Porsche