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Geospatial marketing elements of Outlander Sport Launch

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Page 1: Geospatial marketing elements of Outlander Sport Launch

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Outlander Sport Launch

Mitsubishi Motors North America, Inc.

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David Puell – VP, Analytics

Josh Sznaider – VP, Marketing

Pei-Chen Yang – VP, Corporate Strategy

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Introduction

Mitsubishi Motors North America, Inc. is responsible for manufacturing, distribution, and marketing of Mitsubishi brand vehicles through a network of hundreds of dealers throughout the United States

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Product

The all-new Outlander Sport is a Compact Cross-Over Utility Vehicle (CUV) designed specifically for people who are looking for technology, performance, beautiful aerodynamics, and fuel-efficiency for a good value.

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Product Features

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Goals & Objectives

Non-Financial

• Introduce the Outlander Sport to consumers in the Inland

Empire and drive traffic to our three dealerships• Increase brand awareness throughout our launch campaign for

both the Outlander Sport and the Mitsubishi brand

Financial• Increase market share in the CUV segment from 1.2% to 2.0%

by 2015

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SWOT AnalysisSTRENGTHS Outlander Sport offers range of

technologies in vehicle Unique product design; sporty Environmentally conscious product,

created to consume less gas and increase MPG

10-year/100,000 mile warranty Priced very competitively

WEAKNESSES Mitsubishi brand awareness is low in

comparison to other brands, which will impact sales

Many of our dealers are located close to competitor dealerships

Increase market share in the segment and overall for brand

Growing fuel-efficient product line, with plans to bring a smaller B-segment car

Communicate with customers not part of our typical owner base

Introduce other products to consumers through advertising of Outlander Sport

OPPORTUNITIES

Many of our dealers have dual dealerships with close competitors, threat of consumers being moved to other brand

Competitor advertising is greater than Mitsubishi

Competitors have more distribution channels (dealers)

THREATS

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Industry Analysis

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Current Base Pessimistic (15%) Optimistic (20%)

The market doesn’t get fully back on track until 2012

Source: Global Insight

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Competitor Analysis

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Target Market

Tapestry SegmentationBAO – who to target?

4257/43$70k 59%

Median AgeGender % (M/F)HH IncomeMarried

Top Purchase Reasons

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Industrious Urban Fringe

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Urban Villages

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Market Potential - SUV

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Marketing Strategy

• Social media inclusion• ‘Mitsuville’online sim• Contest element

• Hispanic TV/Radio• Univision

• Direct Mail

You’re in the Driver’s seat!

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Place

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Drive Time

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Marketing Budget

Estimated to launch a new product budget : $ 50,000

Marketing Campaign Cost

Radio $ 6,300

Internet $ 16,000

Direct Mail $ 1,000

Publicity $ 20,000

Television $ 19,000

Total Cost $70,000

Estimated cost – Actual Cost = Unused Budget = $7,700

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Measurement of ResultsPre & Post Campaign Brand

Awareness SurveyDirect Mail Response Rate

Expect 3%

Web Traffic Market Share

Source: Polk Vehicle Registrations

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Campaign Timeline

- Facebook Mitsuville Game - Microsite

Nov. 2010 Pre-

Launch

Advertising&

Promotion - Radio- Television - Internet - Direct mail - Publicity

Dec. 2010

Launch

Ongoing marketing channels- Online Marketing- Direct marketing

Dec. 2010 -Feb. 2011

Market Testing Outlander Sport launchMultichannel marketing program

Integrated Marketing