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A MARKETING PLAN FOR THE TOYOTA FORTUNER IN THE MALAYSIAN MARKET
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Table of Contents INTRODUCTION...........................................................................................................................4 2.0 THE MALAYSIAN AUTO MOBILE MARKET-PLACE......................................................4 2.1 Size of the market and market segment...........................................................................4 2.2 Key market players and their market share...................................................................4 2.3 The SUV market segment..............................................................................................5 3.0 THE TOYOTA FACTOR.........................................................................................................5 3.1 Brief history.....................................................................................................................5 3.2 Toyota performance strategies.........................................................................................6 3.3 TOYOTA performance (GENERAL)..............................................................................6 3.4 Toyota performance in the SUV segment.......................................................................6 4.0: THE MALAYSIAN AUTOMOBILE MARKETING ENVIRONMENT..............................7 4.1 Law and policies..............................................................................................................7 4.2 The social and cultural factors impact..............................................................................7 4.3 Economic factor impact...................................................................................................7 4.4 Technological impact......................................................................................................7 4.5 Overall conclusion from the analysis and its impact on Toyota.....................................8 5.0: THE COMPETITIVE ENVIRONMENT – SUV SEGMENT................................................8 Porter's five force model.........................................................................................................8 5.1: the intensity of the existing rivalry.................................................................................8 5.2: the treat from new entrants..............................................................................................8 5.3: the bargaining power of the buyers.................................................................................9 5.4: The threat from substitutes..............................................................................................9 5.5: the threat from suppliers................................................................................................10 5.6: overall conclusion from this analysis and its impact on Toyota..................................10 6.0: THE KEY SUCCESS FACTOR (KSF) IN THE SUV MARKET........................................10 6.1: identify the KSFs...........................................................................................................10 6.2: how does the Fortuner score in the KSF test?...............................................................11 7.0: A COMPETITIVE ANALYSIS OF THE FORTUNER........................................................12 7.1: the competitive analysis...............................................................................................12 7.2 Conclusion from the analysis........................................................................................12
8.0: THE ROLE OF THE MARKETING RESEARCH...............................................................13 8.1: the proposed marketing research strategy.....................................................................13 8.2: the impacted findings from the marketing research......................................................13 9.0: THE PROPOSED MARKETING STRATEGY IF THE FORTUNER.................................13 9.1: a summary of the SUV market environment.................................................................13 9.2: the objective for 2019 and 2020....................................................................................13 9.3: the target market segment..............................................................................................14 9.4: The profile of the target consumer...............................................................................14 9.5: packing the value proposition (relative to price)...........................................................14 9.6: promoting the Fortuner brand........................................................................................14 9.7: the service factor...........................................................................................................14 9.8: the place factor (where to buy and service Fortuner)....................................................15 9.9: The people factor..........................................................................................................15 10.0 STRATEGIC CONTROL.....................................................................................................15 11.0 CONCLUSION......................................................................................................................15 REFERENCES..............................................................................................................................17 APPENDIX....................................................................................................................................19
INTRODUCTION Marketing management defined as the process of the designing strategies and planning for the product and services in terms of advertising, promotion and sales to reach desired level of target customer in the market place. Report will present the marketing plan of the Toyota in terms of launching the new 2020 version of Toyota Fortuner SUV in the Malaysian market. Report will highlight the information about the Malaysian auto mobile market such as key players and their market share and define the brief history of Toyota about last 10 years marketing strategy in Malaysia. 2.0 THE MALAYSIAN AUTO MOBILE MARKET-PLACE The Malaysian auto-mobile industry already reach a certain level of saturation with a sales volume of about 580 thousand motor vehicles. The recent year shows that auto-mobile market is only growing at a low single digit rate. Malaysia ranked at third place in the Asian countries. The passenger car is the most popular vehicle in Malaysia. The MPV and SUV divided sale share is 73 thousand and 61 thousand units(Sone, Abu and Nyein, 2018). 2.1 Size of the market and market segment Toyota produces a variety of cars such as SUV, Luxury,sedan, lorry and buses in the Malaysian market. The total market share of the SUV in the Malaysian market is 13.5 %.the Toyota compact car includes the four door Corolla sedans and it has a 17.7 % market share in the Malaysian market. The market segment includes the design, manufacture, assembly and sale ofpassengervehiclesandcommercialmarketsuchaslorryandrelatedpartsand accessories(Ozturk Joiner and Cavusgil, 2015). 2.2 Key market players and their market share The key market player in Malaysian auto-mobile industry such as Perounda had a rather prosperous 2018 and registering with 227,243 vehicles. The market share of this company in the market is 42.6% in the Malaysian market. The Honda company produce the total 102,282 units in the Malaysian market which was the less share as compared to 2017 data of market analysis. The another key player such as Proton had a total volume in 2018 is 64,744 units and has the 12.1% total market share in the Malaysians market(Mooi, Sarstedt and Mooi-Reci, 2018). Apart from this Toyota produce a 43,446 units in the market place and also gain a 8.1% market share from the Malaysian market place which was the less share as compared 2017 data of the market analysis report. The other key player such as BMW produce the 12,008 units in the
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market place and gain a 2.3% market share.The Mercedes has the 2.5% total market share in the Malaysian auto-mobile industry. 2.3 The SUV market segment SUV market in the Malaysian market-place The SUV market in Malaysia has improved and grown over the last three years and the HR-V Brief history of SUV market in Malaysia being the main contributor towards the Growth of SUV. The Proton is the company who effectively produce the SUV in the Malaysian market and the company will focus on increasing sales as well as improving consumer perception. Business unit will rely on the SUV to test the various working reforms and activities which bring introduce to win back customer confidence(Fawcett, Abegg and Fawcett, 2018). Unit sold analysis of the Malaysians auto-mobile industry market The unit sold analysis graph shows that current market of auto mobile industry of the Malaysia is results in the less rate of unit sold. Illustration 1 shows that in 2015 the unit sold of vehicles increased as compared to 2014 but the in 2013 the unit sold is higher than 2014. Sales trend analysis of auto-mobile industry in the Malaysians The sales trend analysis of the Malaysian auto-mobile market decreased over the years because diagram shoes that in 2014 the sales of vehicles is very high and but in the 2018 the sales trend analysis is less than compared to the 2014 sales rate in the Malaysian market. 3.0 THE TOYOTA FACTOR 3.1 Brief history Toyota motor company is the Japanese multinational auto mobile manufacturer which recognised as the Worlds sixth largest company by revenue. Headquarter of the company in the Toyota city, japan. The UMW Toyota motor is the appointed as Distributor, assembler and Exporter of the company vehicles in Malaysia. It established in 1982. it is also a Lexus vehicles in Malaysia(Monden, 2018). The marketing strategy of the Toyota in terms of transform the business into profitability. The company also looking at the opportunities to launching the new 2020 new version of Toyota Fortuner SUV in the market-place. To support the strategic decision company will make the various key tactical plan. For example the product price will be kept lower than as compared to its competitors who offer a similar range of products.
3.2 Toyota performance strategies Toyota motor corporation is an auto mobile manufacturer which undertakes the design, manufacturer, assembly and sale of passenger cars, minivans and sport utility vehicles and accessories. Company also provides the finance to its dealers and customers for buying the Toyota vehicles. It uses the market line premium strategy which provides in-depth coverage of the company performance. The company also uses its management platforms for responding quickly to rapid changes in the business environment. It also builds a strong production foundation through improving productivity on a global level. Company creates a lean corporate structure by continuously eliminating waste and through setting lead times in terms of quality, cost and products throughout its entire global supply chain(Coetzee, Van der Merwe and Van Dyk, 2016). Toyota also strengthen risk management to respond quickly and accurately towards changes on world affairs. 3.3 TOYOTA performance (GENERAL) Performance of Toyota in the market place Illustration 3 shows that the net revenue of the Toyota is regularly changed and but performance of 2018 is 2400 units which more than 2017 year. With this data Toyota ranked as the second most valuable corporate brand in Asia. Sales trend analysis of Toyota The Illustration 4 Graph shows that the sales of Toyota company shoes the tremendous growth in the market place. It reached the highest sales in the 2011-2012 during 2003 to 2015. in the last years it sold 141,347 units which involves Etios, Liva, Innova, Fortuner and Prado and registered 9.7% growth as compared to 2013-2014 year. It's all vehicles now equip with the more safety and comfort feature which welcomed by the market as well as industry(Levinson, Manley and West, 2016). 3.4 Toyota performance in the SUV segment Performance of the Toyota in SUV segment is increases because through continuing theme of SUV, customerin Malaysian marketexpect Toyota to introduce the all new important model Toyota rush in early Q2 model of the car which already being previewed at its home market. The global popularity of the SUV enables the Toyota to increases its market share in the Malaysia(Monden, 2018).
4.0: THE MALAYSIAN AUTO MOBILE MARKETING ENVIRONMENT 4.1 Law and policies Law is the important factor which affect the profitability and productivity of the auto- mobile industry of Malaysia. The pollution law is the important part of this factor. It also includes the product safety laws which has great impact on the auto-mobile industry.In context of Malaysia, a country has strict laws, if in case Toyota fails to comply with legislation related to industry then in such casesuch instance can have negativeeffect on the sustainability of an enterprise in Malaysian market. 4.2 The social and cultural factors impact It also affects the auto-mobile industry of Malaysia due to changes in the social cultural changes and people's preference. Every year new models released in the market placewhich change the people's mind. In some markets the SUV demand is higher but in some markets its demand is very less due to changing trends (Ansah and Sorooshian, 2017). 4.3 Economic factor impact It is the important determinant in the Auto-mobile industry which influence the over all performance of the industry. Toyota investing in low emission and environment friendly vehicles. Technological advancement also affect the sales of the companies because through technological advancement automotive maker can always makedifferent feature cars in the market-place which affect the other companies sales rate as well as productivity. Changes in the Economic factors have significant effect on the profitability of Toyota. In context of Malaysia, decrease in the exchange rateby government has providedToyota an opportunity to gain transactional benefit. In context of Malaysia, favourable economic condition has helped firm in improving financial performance. 4.4 Technological impact It is the important determinant in the Auto-mobile industry which influence the over all performance of the industry. Toyota investing in low emission and environment friendly vehicles. Technological advancement also affect the sales of the companies because through technological advancement automotive maker can always make different feature cars in the market-place which affect the other companies sales rate as well as productivity.In context of Malaysia,nationconsistsofwidevarietyoftechnologywhichhasprovidedToyotaan opportunity to add more features in the car. It ha also enabled firm to provide more services to
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customers. But at the same time, technological advancement has given rise to stiff competition in the market. 4.5 Overall conclusion from the analysis and its impact on Toyota It has been found from the above analysis is that changes in the economic as well as social factors in Malaysian market has significant effect on the business performance of Toyota. The other fact which has been found from the above analysis is thatchanges in the economic factors in context of Malaysian market has great impact on the profitability of organization.It has been found that changes in the legal factors have significant effect on business policies, strategies and plans of Toyota for tuner. 5.0: THE COMPETITIVE ENVIRONMENT – SUV SEGMENT Porter's five force model Porter's five force model is the strategic tool that analyze the present market competition and how this present market condition affect and force taking any decision. Toyota uses this porter's five force model to focus on how Toyota motor corporation can build the sustainable competitive advantages in SUV manufacturer and also use this model to identify the present market condition and it factors that include in the Porter's five force model which is bargaining power of the customers, threats of new entrants, bargaining power of the suppliers, threats of the substitute products and rivalry among the existing competitors, with thee factors Toyota identify how these factors affect the SUV segment of the Toyota motors(Chernev, 2018). 5.1: the intensity of the existing rivalry As there are number of global player in the auto mobile market whether they are small or big brand name, the level of competition is always high. There are many competitors of Toyota fortuner in the market like Ford Endeavour and other brand like Hyundai, Land rover andmany more which give the tough competition to the Toyota fortuner. And according to their innovation in design, technological changes and other features like passenger safety, fuel efficiency. Toyota have to make changes in the and this also affected the price of the vehicle. Overall level of competitive rivalry is very high for the Toyota for tuner in the auto mobile industry. 5.2: the threat from new entrants The treats of the new entrants is low in the auto mobile industryin Malaysian marketand for the Toyota fortuner and its SUV segment. As to establish new brand company there is a need of very high amount of capital investment for the management and for the foundation.Without
the differentiation and innovation it is very difficult to grab a market share to compete with well known and established company like Toyota. For all the new entrant in the auto mobile market and to grow its market share as compared to the Toyota fortuner it would have to spend a lot of money on manufacturing, marketing and promotion and all these factors create major obstacle for the new entrants(Lindgreen and Di Benedetto, 2018).In context of Malaysian auto mobile market, threat of new entrant is low, as there are many companies like Toyotafortunerhas already captured wide market share and successful gained the loyalty of customers, it would be difficult for s\mall firm to enter into market. 5.3: the bargaining power of the buyers The bargaining power of the supplierin Malaysian marketfor the Toyota motors and its SUV segment case is weak. As there are number of suppliers available in theMalaysian market but apart from this number of the suppliers, moderate size is also a reason that the power of the suppliers does not affect the manufacturing of the SUV segment of the Toyota. As these suppliers are small in the size and moderate and because of this their ability to integrate further. And this become the reason that the suppliers power for the Toyota is nil. And Toyota motors can switch any time to any suppliers without any trouble.In context of Malaysian market, there are number of suppliers ready to supply Toyotafortunerwith raw material as organisation has good image in the market. Many of the suppliers in Malaysian market are ready to enter into contract with big companies like Toyota with motive of earning high profit. In context of Malaysia market, as Toyota has good brand image, firm can force suppliers to reduce prices for products. 5.4: The threat from substitutes The threats of the substitute products before the Toyota fortuner is moderate. As there are several number of the substitute and public transport is available for the Toyota. In several areas people may find it more easy convenient to use substitutes. Like middle class and lower class often use public transport and if they plan to buy then may go for other substitute which is lower in price than the Toyota SUV segment like fortuner. But Toyota has released model of fortuner that environmental friendly and low on fuel consumption due to this customers attracts toward the fortuner. All these factors made the threats of substitute moderate for the Toyota fortuner.In context of Malaysian market, threat of substitute is higher andlower class often use public transport and if they plan to buy then may go for other substitute which is lower in price than the
ToyotaSUVsegmentlikefortuner.ButToyotahasreleasedmodeloffortunerthat environmental friendly and low on fuel consumption due to this customers attracts toward the fortuner. All these factors made the threats of substitute moderate for the Toyota fortuner. In context of Malaysian market, threat of substitute is high. 5.5: the threat from suppliers The bargaining power of the supplierin Malaysian marketfor the Toyota motors and its SUV segment case is weak. As there are number of suppliers available in theMalaysian market but apart from this number of the suppliers, moderate size is also a reason that the power of the suppliers does not affect the manufacturing of the SUV segment of the Toyota. As these suppliers are small in the size and moderate and because of this their ability to integrate further. And this become the reason that the suppliers power for the Toyota is nil. And Toyota motors can switch any time to any suppliers without any trouble.In context of Malaysian market, there are number of suppliers ready to supply Toyotafortunerwith raw material as organisation has good image in the market. Many of the suppliers in Malaysian market are ready to enter into contract with big companies like Toyota with motive of earning high profit. In context of Malaysia market, as Toyota has good brand image, firm can force suppliers to reduce prices for products.
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5.6: overall conclusion from this analysis and its impact on Toyota It has been analysed from the above that In context of the Toyota SUV, launch of the substitute products in Malaysian marketby the competitors in the market can lead to the decrease in the demand for goods offered by organisation. The other fact which has been discovered through porter firm force analysis is that as switching cost for buyer is low they can force Toyota company to reduce the prices of the products which can lead to the decline in profitably of firm in Malaysian market. 6.0: THE KEY SUCCESS FACTOR (KSF) IN THE SUV MARKET 6.1: identify the KSFs Key success factors In addition to a stronger GDP growth in 2017 (5.2%) than in 2016 (4.2%), some other factors contributed to the 2017 growth : a stronger currency, infrastructure developments, rising consumer confidence and the launch of some popular models, such as the Honda CR-V and BR- V and the much liked Perodua Myvi. The Malaysian brand has decided to go almost solo for this new model; the previous Myvi’s resulted from a close collaboration with Toyota/Daihatsu – Illustration1: Automobile sales in Malaysian market.
some of the previous models were based on the Daihatsu Boon, although specific styling elements were added for the Malaysian market. The result is a modern looking compact B- Segment hatchback that is bound to appeal (Automotive Outlook Malaysia,2019). Identification of key success factor In the SUV market. Key success factor can be defined as the key areas where an organization need to concentrate on in order to achieve success and for accomplishment of desired marketing objectives. These are those elements which increases the potential of organization or industry in order to foster market growth. Customer makes buying decision based on the key success factors. The key success factor of Toyota in Malaysian market are : ï‚·Production as well as manufacturing facilities:In context of Toyota, Just in time production as well aslean manufacturing approach has assisted an organization in achieving success. Both these operational management approaches has supported an enterprise in achieving leadership position in Malaysian market(Atwal and Williams, 2017). ï‚·Extensive research and development: Toyota invest huge amount of money on executing market research. In addition, this, an organization produces goods or services according to the needs of customers. ï‚·Management philosophy :It is the Just in time distribution strategy which has assisted Toyota in achieving success in Malaysian market. ï‚·Innovative activities:Innovation is the factor which has drive towards the success. Business entity has started a multi purpose vehicle plan in Malaysia and in other market of the world(Weinstein and Pohlman, 2015). ï‚·Capable management and workforce management philosophy :The principle of Toyota these are challenge, kaizen , Genchi, teamwork and respect which has assisted an enterprise in achieving success in Malaysian market . ï‚·Distribution and marketing activities:In context of Toyota, marketingas well as distribution activity of an enterprise has focus oncatering to the diverse needs of customers in Malaysian market. .It is the high quality of serviceswhich has assisted business entity in achieving success (Armstrong and et.al., 2015.). 6.2: how does the Fortuner score in the KSF test? Fortuner score in KSFin Malaysian market
Key Success FactorsFortuner score Global experience0.42 Financial position0.5 growth0.64 Customer loyalty0.45 Market share0.4 7.0: A COMPETITIVE ANALYSIS OF THE FORTUNER 7.1: the competitive analysis Competitors analysis table Toyota fortunerMitsubishi Out lander PriceRM 153,800RM 155,000 Engine4 Cylinder, In-line2.4 liter engine ErgonomicsContemporarystyling,tough build,interiorand Toyota'sgreatafter saleservicesattract the people most. Itsvariantandthecomfort seatsareattractthe customers most. Design2.7 4*7 MT2.0 L (CKD) Brand reputation As the Toyota fortuner has many key success factors that lead it into the Malaysian market like its reliable, powerful, fuel efficient diesel engine, automatic transmission, easy to maintain, big brand image, fortuner also give good resale value all these key success factors of the fortuner make it very success in the SUV segment market. The fortuner become the big brand itself. When anyone thinks about to but luxury SUV, customers blindly opt for b Fortuner and not even consider the any other option in the market(Homburg, Jozić and Kuehnl, 2017).
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7.2 Conclusion from the analysis Conclusion From the above analysis fortuner is better than the ford Endeavour in terms of price which is less than the other SUV and the engine is more powerful. 8.0: THE ROLE OF THE MARKETING RESEARCH 8.1: the proposed marketing research strategy Marketing research Exploratory –It is used to investigate a problem which is not clearly defined and identify the better understanding of existing problem. Descriptive –It is used to clearly identify the situation. It gives all the answer what, when, where,who and how associated with particular research. Causal –As it names refers, it used to identify the cause and its effect relationship between the variables. Toyota fortuner applies the descriptive research as it gives all the knowledge about the problem. How the problem occur and what are the cause of the problem, all this answer can be identify with the help of the descriptive research and help the Toyota to over comes the problem (Chonko and Hunt, 2018). 8.2: the impacted findings from the marketing research Considering the demand of the customer through market analysis Toyota For tuner is planning to add more technical features in the car. In addition to this, business entity is planning to launch cars in more colours as well as range.Considering the consumer behaviour in Malaysian market , Toyota is planning to implement personal marketing strategy, as it will assist an enterprise in developing strong relationship with customers. 9.0: THE PROPOSED MARKETING STRATEGY IF THE FORTUNER 9.1: a summary of the SUV market environment Summary of SUV marketing environment It has been analyzed thatin context of Malaysian market increase in the demands of consumer has assisted an organization in sales of SUV. The other fact which has been discovered is that higher ground clearance, off road capability features and higher seating position etc. all these features has attracted the customers and has supported an enterprise in generating the
demand for SUV (Chaffey and Ellis-Chadwick, 2019). In addition to this, It has been found from the market analysis that creative design a swell as technical features has provided the growth opportunities to firm. 9.2: the objective for 2019 and 2020 Objective of 2019 and 2020 In context of SUV, The objective of organization is to drive the better view of road ahead.In addition to this, other objective of brand is to develop such vehicles which can pass over jagged rocks without scratching the bottom. The SUV objective for year 2020 , is increase the traveling capacity of car. 9.3: the target market segment Target market segment Demographic market segmentation strategy is adopted by organization to categorize Malaysian market into small segments. . SUV has categorized the wide market in small parts on the basis ofgender, age etc. Business entity can also adopt the behavior market segmentation strategy, as company can segment market on the basis of the behavior of customers. 9.4: The profile of the target consumer Profile of target consumer TOYOTA in context of Malaysianmarketis targeting the young generation people belonging to the age of 18 to 36 years for selling the SUV cars.As young people are more conscious about the features as well as design of the car rather than quality or price.These people considered to be as an adventurous An enterprise can also target families, as they required huge amount of space for traveling together (Andrews and Shimp, 2017). Targeting the families would be easier for Toyota. 9.5: packing the value proposition (relative to price) Packing the value proposition In context of Toyota., an organization provides high value proposition to customers by offering good quality of vehicles at low price. Business entity can adopt the differentiation pricing strategy, as it will assist firm in maintaining its profitability. 9.6: promoting the Fortuner brand Promotion of Fotuner brand
Presently, Toyota is utilizing the personal selling strategy for promoting its brand, products and services. But company can also use the social media forpromoting goods or services, as this marketing strategy will provide firm an ease in reaching to the wide number of target customer group in Malaysia. 9.7: the service factor Service factor. In context of Toyota, an organizationconducts market research in order to identify the needs and demands of customers. Business entity has adopted the customer centric approach for developing the services. But it is required by an enterprise to concentrate on the quality of services as it will assist them in gaining the customer loyalty. Business entity can also provide additional facilities such as online car booking facilities , as this marketing strategy will help an organization in attracting more number of customers. It will also assist business entity in increasing sales as well as profitability (Camilleri, 2018.). 9.8: the place factor (where to buy and service Fortuner) Place factor In context of Toyota, an organization has form strategic partnership with other retail companies as well as distributor in Malaysian market in order to sell SUV. An enterprise is completely dependent on the dealers for selling its products or services in the market. It is required by an organization to sell its products directly to customers as it will support an enterprise in increasing profitability (Aslam, 2018.). Direct distribution strategy will also aid firm in reducing the cost associated with distribution of goods or services.In addition to this, Toyota can mark online presence, as by marketing the online presence an enterprise can provide customer an ease in accessing to the information. It is a strategy which canprovide an organization an ease in positively influencing people to buy products. 9.9: The people factor People factor In context of Toyota, an enterprise is concentrating on fulfilling the needs of customers. But an enterprise now is required to provide the proper training to staff, as this strategy will help an enterprise in delivering the professional services to customers. It will also support firm in providing the high level of satisfaction to customers.
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10.0 STRATEGIC CONTROL Strategic control candefined as a procedure which can be utilized by an enterprise for controlling the formation as well as implementation of strategic plan. In context of Toyota company, an organization has implemented strategic surveillance control which has assisted an enterprise in controlling the multiple sources of threats. 11.0 CONCLUSION From the above study it has been concluded that the market place of the Toyota fortuner is very big and high in the Malaysian auto mobile market. It has used various tools to identify the factors that affect the Toyota fortuner SUV segment and the decision process taken by the company. Also, concluded that with the help of the Porter's model there is low impact of suppliers and new entrant on the Toyota SUV segment but the buyer and competition have impact the more on Toyota. And the other factors like people, place, strategic factors affect the Toyota.
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APPENDIX
QUESTIONNAIRE Question 1.Will you prefer to buy the Toyota SUV car ? ï‚·Yes ï‚·No ï‚·Might be Question 2.What factor influences you to buy SUV car ? ï‚·Colour ï‚·Technological features ï‚·Price Question 3. What is the main factor which effect your buying decisions? ï‚·Economic factors ï‚·Social factor ï‚·Personal factors Question 4. What your expectation related to the features in car ? ï‚·Automatic gears ï‚·Automatic window locking system ï‚·Power staring Illustration 1 Illustration2: Unit sold analysis of Malaysian auto-mobile
Illustration 2 Illustration3: Sales trend Analysis of the Malaysian auto-mobile market Illustration 3 Illustration4: Five year performance of Toyota
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