StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Marketing Mix for U.S.A car market Chery Cars China - Essay Example

Cite this document
Summary
car market. The paper has in the first section outlined the findings on the key cultural factors that would influence Chery’s success in America car industry…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95% of users find it useful
Marketing Mix for U.S.A car market Chery Cars China
Read Text Preview

Extract of sample "Marketing Mix for U.S.A car market Chery Cars China"

Download file to see previous pages

car industry through various aspects of strategic marketing mix. This paper concludes by recommending adaptation marketing mix strategies with specific reference to joint ventures as a key entry strategy for Chery into U.S.A. This paper also recommends “overdesign, overtest and overservice” of Chery cars as a strategy gain U.S.A. consumers’ confidence in Chinese products. Chery automobile limited, a Chinese car company founded in the year 1997 has gone through tremendous growth and is today one of the biggest car manufacturing company.

The car company currently manufactures minivans, 15 different types of passenger cars, as well as commercial vehicles including A5 sedan, V5 crossover and the QQ compact. Chery’s annual car productions and sales stand at 900,000 and 800,000 cars respectively (PR, 2014). The company’s brands include Eastar, Chery and Tiggo which was latest brand launched in 2013 in china. American cultural dimension is dominated by masculinity and individualism and are the important factors driving the U.S.

car industry for long time in history. As stated by Ijose (2009 p.4), U.S. car industry is the largest, valuable, and competitive industry of the world posing big threat to three domestic manufacturers Ford, GM and Chrysler. The U.S. Car market shares as per 2009 congressional records are: GM 22.3%, Ford 15.1%, Chrysler 11.0%, Asian brands 44.6% and German brands 6.5% (Cooney, 2009 p.16). Chery’s cars in the United States are totally a different market and the marketing philosophy is polycentric since U.S. is a unique market for cheese cars.

The high numbers of products recalls have served major blows to Chinese automotive products’ acceptance in the America. The masculinity and individualism culture of the market calls for geocentric philosophy s an approach to design of Chery’s cars for the U.S. market. Lin Zhang acknowledges that "No question, the U.S. is the most

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Marketing Mix for U.S.A car market Chery Cars China Essay - 13”, n.d.)
Retrieved from https://studentshare.org/management/1640113-marketing-mix-for-usa-car-market-chery-cars-china
(Marketing Mix for U.S.A Car Market Chery Cars China Essay - 13)
https://studentshare.org/management/1640113-marketing-mix-for-usa-car-market-chery-cars-china.
“Marketing Mix for U.S.A Car Market Chery Cars China Essay - 13”, n.d. https://studentshare.org/management/1640113-marketing-mix-for-usa-car-market-chery-cars-china.
  • Cited: 0 times

CHECK THESE SAMPLES OF Marketing Mix for U.S.A car market Chery Cars China

Overview of Standardization and Adaptation in Marketing Mix - Toyota

Critically analyse the extent that your chosen global brand's marketing mix is standardised and/or adapted across international markets.... (20 marks) A maximum of 5 marks are awarded for presentation - (5 marks) Overview of Standardization and Adaptation in marketing mix marketing mix, as defined by Jain (2009), refers to the combination of the product, the distribution system, the price structure and the promotional activities.... Both Marketing standardization and marketing adaptation of the marketing mix encompass opposite characteristics....
13 Pages (3250 words) Essay

Market Entry Modes: Chery Cars

The study "Market Entry Modes: chery cars" focuses on modes of entry and strategies appropriate for chery cars.... chery cars, an automotive company from China, is contemplating on globalization as the strategy for expansion.... Ford has redesigned its Mustang, an '60 icon, hoping to attract buyers from china and Europe (Ponchard, N, 2013).... Studies show Americans are reconsidering its relationship with their cars....
10 Pages (2500 words) Essay

Capturing a market - product development

china has suffered from a spate of disasters and negative news and bad publicity.... Given china's larger term intention and plan to be a major global marketer, what advice would you offer to the government to build up the brand equity You should make use of Aaker's or other relevant brand equity model(s) to support your proposal. ... lthough china is growing phenomenally to be tomorrow's super power, there are certain areas where the world is still re-thinking....
15 Pages (3750 words) Essay

HRM Practiced In Microsoft

In order to serve different market segments, the company broadly divided its workforce into eight regions namely; United States; Asia Pacific; Canada; Europe, Middle East & Africa; Greater china Region; India; Japan and Latin America.... The fact that the company has carved out separate regions for china and India is an indication of the potential these regions hold.... hellip; This department in fact keeps an eye on product development since its conception and inception, besides planning out the appropriate time to approach the market and monitor the reaction from the market throughout the product life cycle....
7 Pages (1750 words) Case Study

Marketing Plan for Chic Nails, Inc

However, it sources out its products from affiliate factory in Xiamen, china, which supplies raw material and prepares final product for the company.... It targets to penetrate international market within two years from the date of commercial launch in Italy.... The following are the characteristics of the target market:Chic Nails, Inc.... It offers the standard line of nail polish hues, offering a total of 85 different colors in the market....
11 Pages (2750 words) Essay

Marketing Mix for the U.S.A Car Market

Since chery cars china is not the first organization to enter into the American market, it is apparent that there are different things that the organization needs to look at to decide on the kind of products the American market needs.... Besides, the customers must be convinced that chery cars china has high-quality cars that are different from what they are used in the local market.... With the American market being flooded with strong automobile companies like general motors and ford, chery cars china has to first carry out market research on the quality of cars manufactured by these companies....
8 Pages (2000 words) Case Study

Marketing Mix for the US car Market Chery Cars China

The paper "Marketing Mix for the US car market chery cars china" discusses that physical environment includes infrastructure and external looks that have a considerable amount of influence among consumers.... In such a context, chery cars will have to formulate and implement an effective marketing strategy that is appropriate for gaining entry in the US automobile sector.... According to Forbes (2013), passenger cars are the most exported chery cars throughout the world....
9 Pages (2250 words) Case Study

Marketing Mix for U.S.A Car Market - Chery Cars China

The paper "marketing mix for u.... Car Market - chery cars china" highlights that Chery, in order to enter the market segments of the US to perform business operations effectively, is required to provide better innovative, environmentally friendly as well as fuel-efficient cars.... ompanies are required to adopt a marketing mix strategy with the aim of influencing the responses of consumers towards certain products and/or services.... marketing mix comprises 7Ps that are a product, promotion, process, place, price, people and physical environment....
8 Pages (2000 words) Book Report/Review
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us