Documente Academic
Documente Profesional
Documente Cultură
MERCEDES - BENZ
THE LUXURY OF
PREMIUM BRAND
BY
CHANDRA SHEKAR K
BEFORE
WE STEP
INTO …
WHO INVENTED
CAR ?
In France in 1769 , before the
French Revolution , a gentleman
by the name of “ NICOLAS CUGNOT
” devised a steam - powered
conveyance called the first car
on the earth . later The next
attempt at a motorized vehicle
came in Scotland , around 1830 .
“ ROBERT ANDERSON ” invented the
first electric " car “.
The Birth of MERCEDES - BENZ
Mercedes - Benz is a German manufacturer
of luxury automobiles , buses , coaches ,
and trucks . It is currently a division
of the parent company , Daimler AG .
Mercedes - Benz has its origins in Karl
Benz's creation of the first petrol -
powered motorcycle in January
1886 , and by Gottlieb Daimler and
engineer Wilhelm Maybach's conversion of
a 1769 steam - engine automobile by the
addition
of a petrol engine the same year . The
Mercedes automobile was first marketed
in 1901 by Daimler Motoren Gesellschaft .
The first Mercedes - Benz brand name
vehicles were produced in 1926 ,
following the merger of Karl Benz's and
About…….
Key Attributes
Exclusivity
Assured Quality
Authenticity
segments
History
of
STEP OF
IN INDIA
BRAND
AMONG PEOPLE
Does mercedes benz acts as a
status symbol
Do you think benz is the most
luxuriest car in the world
which model do you like the
most
How far you think the price is
matched with the brand value
Are Benz cars worth for
spending that huge amount
What strikes your mind when you
think of this product
Benz is mostly preferred by
On par with the leading car
manufacturers,where do you rate
Benz
Situational Analysis
General External
Environment
Lower costing cars ( Economic )
New class of cars , new age
group ( Demo )
Size of car in Japan and
Europe ( Global )
Taxes on “ Larger ” luxury cars
( Political / Legal )
Safety features in
innovation ( Technical )
Competitor Analysis
1 . Cadillac 6 . Volvo
2 . Lincoln 7 . Mercedes
3 . Acura 8 .
Infiniti
4 . Lexus 9.
Saab
5 . BMW 10 .
Jaguar
Cadillac ( GM )
Concentric diversification
Introduction of new cars
Lincoln ( Ford )
Product development
Attract satisfied customers with improved
products
Lexus ( Toyota )
Low cost/ differentiation
“Relentless pursuit of perfection”
Sticker prices considerably below other
luxury cars
BMW
Most direct competitor
Market development
luxury small car market with less
expensive sub-compact model
Core
Competencies
Symbol
Name
Innovation
Strategies
Differentiation
Cost Leadership
Product
Development
Sales
decline
In the year 2007 mercedes stood as the
top among all the competitors in its
segment.
But in the year 2008 due to recession
……………………………… and
GRACIAS