Thursday, April 11, 2019

Chevrolet Case Analysis Essay Example for Free

Chevrolet Case Analysis shewThen In the beginning, Chevrolet positioned itself strongly as a cornerstone of quality vehicle with deep grow in Americas past. Priding themselves on the traditional representation of the sporty car distinguish, Chevrolet has made bulky strides over the years. Firmly entrenching the brand name as a key part of the Ameri force out culture, Chevrolet has made some(prenominal) attempts to associate with American sporting events. For example, Chevrolet sponsored the AllAmerican Soap Box Derby for a decade. In addition to sponsoring events, Chevrolet also sponsored drivers with their vehicles for racing circuits such as NASCAR. Another subcategory Chevrolet used along with the American theme was patriotism in its promotional aspects.Taglines with the phrases Americas Best Seller, Americas Best Buy, and equal a Rock, were all famous for reminding consumers well-nigh Chevys great history as an American leader for automaking. This was perhaps the big gest aspect of Chevrolets branding as a smart set in the fall in States. However, when it came to Chevrolet as a leading carmaker overseas, four values represented the company to their foreign consumers durability, value, practicability, and friendliness. some of their various taglines surrounding these values createstrong brand cohesiveness. Although Chevrolet has adopted more of a globular brand scheme, it still customizes its branding to appeal to certain markets.Now Currently, Chevrolet is making plans to launch new vehicles and hatch advertising and promoting their brand to consumers. Despite the recall at the beginning of the 2014 year, according to Chevrolets marketing leaders,the automaker is not spending more on advertising or incentives than previously budgeted and isnt likely to change that strategy (GM Stick with Marketing Plan Despite Recall USA Today). The plan is to sharpen on the product and not the publicity of trying to defend themselves as a company. There fore, there will not be a recall ad and instead there will be just ads display new products introduced recently.As stated before, Chevrolet is looking to spend more marketing money and energy on its fullsize pickups and SUVs this year. On the other side, Chevrolet is using the NFL Superbowl in hopes to boost not only depicted object but global awareness with its ads. Chevrolet continues to also sponsor sports with Chevrolets jersey sponsorship with English soccer club Manchester Unitedwill limit the Chevrolet bowtie logo in front of the clubs worldwide fan base of some 700 million people.. (Audi, Chevy and capital of Nebraska Plan to Boost Ad Spending in 2015 AdAge) .Chevrolets current marketing innovations regarding technology with 4G LTE in its vehicles also proves that Chevrolet plans to remain relevant with consumer wants and needs.The GMC ProblemChevrolets biggest problem is in fact its biggest company supporter, GMC. GM is the starting point for Chevrolet, yet it has been not once but twice in a position that jeopardizes the equity of the Chevrolet brand. GMC is the problem for Chevrolet because of their bad publicity regarding the 2008 bailout and 2014 recall crisis thus far. As mentioned before, Chevrolets tie-in and alliance with GMC causes them to have a bad reputation at times, even with Chevrolets freedom to kiosk on its own as a brand. In the case of GM, the companys bankruptcy and ensuant bailout had the ability to contaminate its four brands of vehicles, in spite of their individual merits. Therefore, Chevrolet has to figure out how they are sacking to deal with the bad publicity domino effect that falls upon them every time GM fails.Recommendations pull down with a company as successful as Chevrolet, there is always room for improvement. Tactical modifications that can be made to enhance the Chevrolet brands equity to remain substantial while in alliance with GM could be examples of brand decisions to enhance selfimage and product loyal ty, increasing brand value from recognition and preference to brandinsistence for their products, and focusing slightly on marketing strategies for honest and social responsibility if they continue to be a part of GM.Chevrolet is a high quality brand nonetheless, however, they focus on American vehicle tradition where they could take a step back and focus on the consumer. If Chevrolet would reposition a few of their vehicles to show how it would enhance the selfimage of the consumer driving a sporty yet luxurious car, there is a possibility they will get great feedback in sales. Consumers currently are looking for mass customization products that can be used on every aim of purchasing decisions. Therefore, it would a smart move for Chevrolet to focus on the consumer even more as the psyche behind the car (man behind the mask), while still including valuable information about the car itself.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.