Icm Bmw Final
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Transcript of Icm Bmw Final
Camillle Claudio | Shelley Harse | Richard Hopper | Jill Whitley March 10, 2010
Launching the BMW Z3 Roadster
EXECUTIVE SUMMARY
Target: 35-65 year old male driving enthusiasts.
Communication Objectives: Increase awareness, knowledge and liking of the BMW Z3 during Phase 2.
Messaging: Convey feeling of excitement and a bold lifestyle while reducing cognitive dissonance among early adopters.
Media: Achieve high reach and frequency using a combination of Traditional and Non-Traditional Media.
CURRENT SITUATION ASSESSMENT
1) Sales have grown 48.6% since 1990
2) The Z3 is the only current roadster on the market
3) German engineering, American made
4) Unprecedented success of Phase 1
5) Initial product reviews and WoM are positive
1) BMW’s corporate image is serious and tradition bound
2) Low numbers of models available to display at dealers
1) Porsche and Mercedes are developing a competitive model to the Z3
2) Cannot control third party endorsements of the product
1) High interest across a variety of demographics
2) Summer Olympics in Atlanta 3) Academy Awards
THE FOOT CONE & BELDING GRID
AFFECTIVE (feeler)Jewelry, cosmetics, fashion apparel,
motorcyclesFeel – learn – do
Test: Attitude Change and Emotional arousal
Media: Large space and Image specials
Creative: Executional and Impact
INFORMATIVE (thinker) Cars, house, furnishings, new
productsLearn – feel – do
Test: Recall and DiagnosticsMedia: Long copy format and
reflective vehiclesCreative: Specific information
and Demonstration
HABIT FORMATION (doer) Food and household items Do – learn – feel
Test: SalesMedia: Small space ads,
Radio, POSCreative: Reminder
SELF-SATISFACTION (reactor) Cigarettes, liquor and candyDo – feel – learn
Test: SalesMedia: Billboards, Newspapers and
POSCreative: Attention
COMMUNICATIONS EFFECTS PYRAMID
Knowledge / Comprehension
Awareness
Liking
Preference
Conviction
Action
CLASSICAL CONDITIONING THEORY
Unconditioned Stimulus
Sophisticated
Adventurous
Unconditioned Response
Conditioned Stimulus Conditioned Response
STRATEGIC OPTIONS
1) All Non-Traditional Media
2) Majority Non-Traditional Media
3) Majority Traditional Media
NON-TRADITIONAL MEDIAPROS CONS
Less expensive Third-party credibility Less media clutter Can help build the brand image as unconventional Possibilities of interacting with the brand or product Possibility for more creativity
Risky Less reach Limited exposure time No consistent metrics No absolute control over message content Can be perceived as intrusive
TRADITIONAL MEDIAPROS CONS
Mass coverage Reach Frequency Segmented audiences Controlled messaging Measurement Nontraditional media can compliment traditional media Media vehicle can add prestige
Expensive Clutter Consumer distrust and skepticism MAJORITY
TRADITIONAL MEDIA
To male driving enthusiasts ages 35-65 who seek unique forms of expression, the BMW Z3 is the roadster sports-car that offers both performance and individuality through the marriage of German engineering and the American experience.
POSITIONING STATEMENT
COMMUNICATIONS OBJECTIVES
1) Increase awareness of the BMW Z3 among the target audience to 85%
2) Create knowledge of the ‘Made by BMW’ label as a symbol of quality among the target audience to 40%
3) Increase conviction that the BMW Z3 is the best roadster among the target audience to 25%
Dare to drive.
MEDIA OBJECTIVES
Reach of 85 percent
Frequency of 7
BUDGET ALLOCATION
Camillle Claudio | Shelley Harse | Richard Hopper | Jill Whitley March 10, 2010
Thank you. We welcome your questions and
comments!