Question
Complete the task below. Having been appointed as Marketing Manager of Volkswagen just after the emissions incident happened, you are required to advise the board
Complete the task below.
Having been appointed as Marketing Manager of Volkswagen just after the emissions incident happened, you are required to advise the board on the most appropriate brand crisis management and provide a revised marketing strategy going forward, to restore confidence in the brand and prevent any further negative impact on the brand. You are required to research this incident and the company in detail. You may use the following link to commence with your research: https://www.econstor.eu/bitstream/10419/174928/1/cesifo1_wp6805.pdf Your report should focus on the following issues:
1. Situation analysis: assess the current situation that Volkswagen is facing
2. The impact the incident had on the brand
3. Volkswagen's positioning strategy before and after the incident and assess how this situation has affected the positioning of the brand in the mind of the consumers.
4. Commentary on the Public Relations steps and approach taken.
5. The importance of ethics and its impact on business and advertising with reference to the current situation.
6. Revised Marketing strategy GOING FORWARD.
Format:
1. Title page
2. Table of contents
3. Introduction / Problem statement
4. Situation analysis
5. Impact on the brand
6. Positioning strategy
7. Public Relations Crisis Management
8. Ethics
9. Your comment on how Volkswagen handled the crisis and recommendations to improve consumer confidence
10. Revised Marketing strategy going forward
11. References and presentation
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