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Toyota in the future. By Jeni, Kimberly & Mussa. Our Future. To Gain Market Share And Maintain our Leadership position through a strong promotional strategy focusing on going Green. New Product Strategy. - PowerPoint PPT Presentation
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Our Future
To Gain Market Share
And Maintain our Leadership position through a strong
promotional strategy focusing on going Green
New Product Strategy
• Make more consumer products using our expertise in automotive development and production engineering
• Continuous improvement on current offerings
Promotional Strategy – Prius(and other hybrids)
• Focus communications on going “Green”– Target market
• Environmentally friendly• $$ on gasoline prices• 18-30 year olds
• channel of communication– Concentrate on innovative technological devices
ex. Cell-Phone television ad space
Promotional Strategy – con’t
“Go Green” hybrid car to promote around town (major cities)
– Offer tax incentives to trade in gas guzzlers
Brand Management
• Brand position – Capture “environmentally friendly” perception
• Focus on Increasing Brand Loyalty (life customers)
• Brand expansion (Diversifying into other markets) ex. Housing, robotics, finance, farming…
– “We make things and … cars, too.”
• Work towards becoming an “American” name brand
New CRM emphasis
• Identify strong new prospects
• Prevent Customer Defection– (brand switching)
• Keeping car with customer longer
• Incentives to move laterally or trade up
How we will meet our Customer’s Needs
Need• Safety
• Better fuel efficiency
• More features
Benefit• Go to 5 stars
• Continuous improvement
2005 Toyota Prius 4-DR. Crash Ratings (5 star scale)
Frontal Impact Side Impact
Driver's Side 5 Front Occupant
4
Passenger's Side
4 Rear Occupant
4
Current Corporate Social Programs
• Sponsorship with the Bass pro shop
• National Labor Day Foundation
• Have our own “Summer Concert Series”