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McLaren's Marketing Strategy for Expansion in France

   

Added on  2023-02-03

18 Pages983 Words72 Views
GROUP
MARKETING
MANAGEMENT
REPORT
McLaren's Marketing Strategy for Expansion in France_1
Table of Content
Introduction
Adaptation and Standardisation of Marketing Mix
CBBE Model
Integration Communication Mix and Methods
Measurement of Success
Conclusion
References
McLaren's Marketing Strategy for Expansion in France_2
Introduction
Presentation will show McLaren's marketing strategy to enter the whole new
market i.e. France with a brand new product (EcoSpeed). The reason for
choosing France for expansion is that it has one of the profitable automotive
industry in the Europe. This group presentation in enclosed with marketing
mix. CBBE Model, Integrated communication mix and methods for McLaren
which will help in measuring the success rate.
McLaren's Marketing Strategy for Expansion in France_3
Adaptation and Standardisation of
Marketing Mix
At the time of business expansion it might require for this auto company to keep its
focus over two approaches as:
Standardisation – This strategy adopted by multinational organisations by
using same product, distribution channel and so on for the domestic and
international business trade.
Adaptation – This is series of stages in which an organisation adopt several
option for providing different choices to customers.
McLaren's Marketing Strategy for Expansion in France_4

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