mproject
TRANSCRIPT
Marketing Project
Re-Launching
Market Share
GM20.1%
Toyota17.9%
Ford15.8%
Chrysler8.5%
Honda9.9%
Other8.3%
Kia2.4%
Subaru2.3%
Mercedes-Benz2.3%
Volkswagen2.2%
BMW2.1%
Hyundai3.8%
Mazda1.9%
Audi0.9%
Volvo0.6%
Suzuki0.4%
Mitsubishi0.4%
Porsche0.2%
Share of U.S Auto Market - November 2009
Competitors
Competitors
General Motors
Toyota
Chrysler
Mercedes Benz
Porsche
Competitors make up 49% of the U.S market share
SWOT analysis
Strengths
•Understand the market
•Gas saving vehicle
•Efficient and sustainable
Weaknesses
•Market share of customers
•Heavy import of materials
Opportunities
•Foreign Collaboration
•Targeting a younger market
•Technology improvement, reduction in
costs
Threats
•Increased government involvement
•Aggressive competition
•Status of economy
Target Market
Segmentation
Demographic Segmentation:
Age: 18-24
Psychographic Segmentation:
Lifestyle: Trend setter, speed lovers
Social Status: Middle
Personality base: Risk taker, attention seeker
Target
Young buyers wanting affordable sporty cars
Environmental conscious - speed with sustainability
Target Market (Continued)
Size of target market
Total U.S population 301,237,703
Targeted group 82,237,892
20-40 yrs27.30%
Other72.70%
U.S population Segmented Age range - 2008
20-40 yrs
Other
10 year Projection
1700 20402448
29383525
42305076
6091
7310
8772
10526
0
2,000
4,000
6,000
8,000
10,000
12,000
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Projected Sales
0.20%0.24%0.29%
0.35%0.41%
0.50%0.60%
0.72%
0.86%
1.03%
1.24%
0.00%
0.20%
0.40%
0.60%
0.80%
1.00%
1.20%
1.40%
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Projected Market Share
Projections
Sales increase 20% yearly
A steady growth in market share
In 2020:
10,526 Delorean’s sold per year
1.24% of the U.S market share
Competition market share - 2009
Mercedes-Benz 2.3%
Porsche 0.2%