Mercedes-Benz: The Best or Nothing
Mercedes-Benz: The Best or Nothing
Mercedes-Benz: The Best or Nothing
TheMercedesautomobilewasfirstmarketedin1901by
Daimler-Motoren-Gesellschaft.(DaimlerMotors
Corporation).Butthetrademarkwascreatedin1902when
EmilJellinek,anAustrianautomobileentrepreneurwho
workedwithDMG,namedtheMercedes35hpafterhis
daughterMercedesJellinek.
On28June1926MercedesBenzwasformedwiththemerger
ofKarlBenz'sandGottliebDaimler'scompaniesintothe
Daimler-Benzcompany.ThefirstMercedes-Benzbrand
namevehicleswereproducedalsoin1926.
Interesting facts
1. In1930,Mercedes-Benzproducedthe770model,acarthatwaspopular
duringGermany'sNaziperiod.AdolfHitlerwasknowntohavedriventhat
carduringhistimeinpower,withbulletproofwindshields.
2. Mercedessfamouslogohassufferedalotofchangesfromitsstarttillnow.
3. Thethreepointedstarindicatestheirsuccesoverland,seaandair.
19021909191619261990
SWOT Analysis
SWOTAnalysisisausefultechniquefor
understandingacompanysstrengthsand
weaknesses,andforidentifyingboththe
opportunitiesopentothemandthethreatsthey
face.
Strenghts
Astrongbrand,partofGermanbig3,luxuryautomakers,
andoneofthebest-sellingintheworld.
Manufacturingfacilitiesworldwide(6continentsand26
countries)
Continousproductinovation
Financialstability
Strongholdonthedevelopingcountries
Productportofolio
Weaknesses
ExpensiveAftersalesservice&maintenance
Conflictinggoalsofthegroupcompanies
Distributionisstunted
Intensecompetitionmeanslimitedmarketsharegrowth
forMercedes
Beingaglobalcarbrand,evenminuteissuesareblownoutof
proportion,whichcanseriouslyaffectthebrand
Opportunities
DevelopingmarketsinAsia
Increaseindemandofpremiumcars
Growingautomobileindustry
Tehnologicaladvancement
Mercedescanfocusondevelopinghybridcarsandfuel
efficientcarsforthefuture
Threats
Governmentpoliciesfortheautomobilesectoracrossthe
worldcancausebusinesslossesforMercedes
Everincreasingfuelprices
Intensecompetitionfromglobalautomobilebrands
Uncertaineconomy
Recomandations
Withallthechangesthatarehappeningnowadaystobuying
behaviour,adressingthesameconsumerscanbedangerous.
Mercedescurrenttargetaudiencearepeopleover40,with
highincomeswhomprefereelegantcars.
Frommypointofview,theyshouldfocusmoreonyoung
people,andadaptingthecarsaftertheirneeds.Studieshave
shownthatthereisincreaseofincomeforpeopleage25-40
andtheywouldpaymoreforquality,thatofcoursecanbe
providedbyMercedes,thanolderpeople.