Mercedes Benz: Marketing Performance and Strategy Report

Verified

Added on  2023/02/01

|11
|402
|97
Report
AI Summary
This report provides an analysis of Mercedes Benz's marketing strategies, focusing on its operations in the United Kingdom. The report begins with an introduction to the automobile industry and highlights the importance of the UK market. It then examines Mercedes Benz's marketing performance and strategy, followed by a PESTLE analysis to assess the political, economic, social, technological, legal, and environmental factors impacting the company. The report also includes the segmentation, targeting, and positioning strategies of Mercedes Benz, followed by an overview of the marketing mix elements (product, price, place, and promotion). A SWOT analysis is conducted to evaluate the company's strengths, weaknesses, opportunities, and threats. The report concludes with a summary of the findings and references to support the analysis.
Document Page
Introduction To Marketing
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Table of Content
Introduction
Discussion
Conclusion
References
Document Page
Introduction
The automobile industry plays a huge role in driving the economy of United
Kingdom as it contributes a large section in the GDP of the country. This
industry is growing rapidly as it helped in establishment of various companies
and organizations that created opportunities of employment for people of
United Kingdom, helped in growth and development of country, generated
income and improved the life of people.
Document Page
Marketing Performance and Strategy
of Company
Mercedes Benz desires to expand their operations in the market of
United Kingdom, and in order to achieve that there are plenty of
factors that they need to analyse in the market in order to expand
their operations in the vast country like United Kingdom.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
PESTLE Analysis
Political
Economic
Social
Technological
Legal
Environmental
Document Page
Segmentation, Targeting And Positioning
of Mercedes Benz
Segmentation: Mercedes car is made and designed as luxury product
in the UK market for elite class people.
Targeting: Mercedes car is basically made or designed for elite class
people living in the society who are ready to pay more for better and
innovate product who actually with stand on their demand in the cut
throat competitive world.
Positioning: Mercedes car has gained huge market ratio in the global
market and is able to generate huge profits from the customers.
Document Page
Marketing Mix
Product
Price
Place
Promotion
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
SWOT Analysis
Strengths
Weaknesses
Opportunities
Threats
Document Page
CONCLUSION
From the above study it can be concluded that the automobile
industry of United Kingdom is rising and experiencing lots of
positive changes. This segment did experienced a economic
recession in the form of Brexit as major industries were shut
down, but, the industry was able to get over with it soon.
Document Page
References
Bacik, R., Gavurova, B. and Fedorko, I., 2015. The analysis of the
impact of selected marketing communication factors on the online
consumer behavior. Journal of Applied Economic Sciences. 10(7).
pp.999-1004.
Baker, M. J., 2014. Marketing strategy and management. Palgrave
Macmillan.De Mooij, M., 2018. Global marketing and
advertising: Understanding cultural paradoxes. SAGE
Publications Limited.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Thank you
chevron_up_icon
1 out of 11
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]