Wednesday, 23 November 2011

Marketing Strategies


Target Audience

1) Demographics
·         Male dominated market
·         Ages 28 – 50
·         College educated
·         $ 150K + income level

2) Psychographics
·         Status & Action Oriented and Innovators

Brand Positioning
The brand offers a sports car for those who care about luxury and safety at the same time.


Advertising Strategies

Mass Media:
1) Television: Introduce new product message and branding; reaches most amount of people.
2) Magazine: Can tailor message by placing in specific magazines.
3) Billboards: Placement allows for message to be reached by specific audience.



Online media:
1) Brand Website: www.mercedes-benz.com
2) Mercedes's Facebook page: It has become a main hub of interaction between the brand and its customers.



3) Youtube: It is updated with campaign videos, behind-the-scenes footage from commercial shoots and other events.

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