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Outstanding Digital Marketing Strategies of Mercedes - Benz Mercedes - Benz s marketing strategy had been centered on the safety, luxury, and precision engineering of
Outstanding Digital Marketing Strategies of MercedesBenz
MercedesBenzs marketing strategy had been centered on the safety, luxury, and precision engineering of its cars. But, due to increasing competition in the luxury car industry and changing consumer attitudes, the brand decided to follow a different path to evolve its marketing strategy. With these changes, MercedesBenzs marketing strategy turned into a more lifestyleoriented one highlighting the approachable, energetic, and fun sides of the brand.
To provide superior customer value to its target market, MercedesBenz has found it necessary to diversify its product range to meet what the automotive industry needs. The brand targets people from different socioeconomic levels, and in this regard, MercedesBenzs market segmentation strategy plays an important role.
For instance, the C class is a product for the low end of the market, the E class is a midsize luxury car, the S class includes highend luxury vehicles that had previously comprised the total of the companys product, the T class is designed for big families, and the SL class is specialized for sports cars market. With such variety, the brand appeals to more people, and increases its brand awareness and sales.
BMW vs MercedesBenzs Marketing Strategies
BMW and MercedesBenz have been in competition with each other for a long time. Before the direction of its marketing strategy started to change in the s MercedesBenz had been focusing on white middleaged males. Today, MercedesBenz works hard to communicate with younger generations, but BMWs brand identity is still more related to youth and being dynamic.
In order to understand the difference between these two automotive brands, BMWs commercials featuring couples with high energy who refer to the attractiveness of the brand, unlike Mercedes Benzs
After long years of competition, Mercedes Benz realized the need of developing awider strategy to compete with BMW Explain.
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