BMW Case Study Analysis
We will read several cases in this class. The cases are chosen to highlight different aspects of consumer behavior and their implication for marketing strategy. Recommend a specific plan of action for these firms. Each firm is facing different questions and issues, but the solutions are derived from the same underlying frameworks (consumer behavior principles). Make sure your analyses and recommendations address the problems explicitly mentioned in the case. In addition, your definition of the problem and your analyses may reveal other important issues you believe must be addressed. Your recommended marketing plan should be based on appropriate and defensible analyses. The best write-up will typically consider several strategic alternatives that emerge from the analyses, making a case for why their preferred course of action is the best one to pursue, and then detail that course of action in their target market choice, positioning statement and 4Ps presentation.
Each write-up should be no longer than 4 pages (approximately), excluding exhibits and references.
The Harvard Business Review’s case on BMW illustrates the latter’s effort to strengthen its position in the extremely competitive market. Written in 2002, the case delves into the historical operations of BMW, exploring the firm’s early successes and the decline that followed due to increased competition from other luxury car models, like Mercedes Benz, Audi, and Toyota Lexus. The case further analyzes BMW’s attempts to regain its market share using innovations and aggressive marketing. The motor company’s new operational strategies entail…………..
APA 1173 words