Sign In
Not register? Register Now!
Pages:
13 pages/≈3575 words
Sources:
30 Sources
Style:
APA
Subject:
Business & Marketing
Type:
Coursework
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 67.39
Topic:

Build Your Dreams (BYD) Auto Company Limited International Marketing Report

Coursework Instructions:

This report is Li Ning and BYD two choice, I choose BYD. The assignment related documents “Assessment information.docx” and “Marketing in a global context.pdf” have specific instructions on how to write the report and the requirements for each section. In addition, I also uploaded some BYD related materials, which the teacher sent us, you should be able to use. This report needs a lot of diagrams. Many diagrams have templates, and there are some theoretical templates in the document that you need to use. I uploaded a "MGC.pdf" file, which contains many pictures sent by the teacher, which should be used for reference in the report. Powerpoint has a lot of theoretical knowledge that can probably be included in a marketing report.
Please check all the documents carefully, because they are all sent to us by the teacher. In addition, the teacher also said: “K-means and SVM are AI/ML algorithms that marketing professionals can use to create specific customer segments, to increase personalization and effectiveness of marketing and promotion!” You need to write about that, too.
Our homework can not have a high repetition rate, please help me paraphrase the sentence. The teacher did not mention the number of references, but he said that the more reading the better, so I filled in 30 references.
This report is a bit complicated, but please try your best to help me write a high score. If the teacher sends relevant templates or materials, I will update them to you in time. Thank you!
the teacher said: “ Dear Students, pls remember that the product life cycle in your report is a plan for first 3-5 years.
Which product models are you going to introduce to your new market? In which order?
You maximize sales when you have a product in each PLC phase.”
I have summarized the requirements of this report that all teachers have said. Can you add it to the request for me?
You need to choose between BYD EV cars or Li Ning shoes and sportswear.
And you need to choose one geographical area: 1) Central Europe, 2) North Europe, 3) Asia, or 4) South America.
FYI: China is not included in Asian markets. You can not focus your analysis on China.
South American countries are also official geographic target area in MGC course.
Also, if you want to focus on Central European countries, it is ok!
You can integrate AI based data analysis to your marketing strategy. Actially i feel its a great idea!
AI is becoming a big part of our lives and you as educated Business leaders will need to learn how to use AI to personalize marketing and sales.
Using AI is not obligatory, but is endorsed and encouraged!
You may include Customer Data Analysis into your report.
K-means and SVM are AI/ML algorithms that marketing professionals can use to create specific customer segments, to increase personalization and effectiveness of marketing and promotion!
Every report should have a Product Life Cycle strategy represented by a curve
pls remember that the product life cycle in your report is a plan for first 3-5 years.
Which product models are you going to introduce to your new market? In which order?
You maximize sales when you have a product in each PLC phase.

Coursework Sample Content Preview:


BYD International Marketing Report
Author’s Name
Institutional Affiliation
Course Code and Name
Professor’s Name
Date
BYD International Marketing Report
Section A
Brief Introduction
Build Your Dreams (BYD) Auto Company Limited is the subsidiary of the multinational BYD Company Limited, which has its headquarters in Xi’an, Shaanxi Province in China. In particular, it produces buses, trucks, cars, forklifts, electric vehicles, plug-in hybrid cars, rechargeable batteries, and electric bicycles. As BYD Auto Company Limited continues to grow and expand in different parts of the globe, it needs to have a proper marketing strategy selection process. Currently, BYD has established subsidiaries in over 400 cities in more than 70 countries. The company is among those revolutionizing the automotive industry by introducing cutting-edge dual-mode hybrid power and Blade Battery technologies (BYD. Com, n.d.). Notably, this section focuses on Central Europe, the location where BYD is planning to launch its subsidiaries, a rough market screening, a market ranking process, and a fine marker screening. This report will use the marketing theories of SWOT analysis, customer segmentation, and 4P’s marketing mix to determine how BYD can successfully penetrate Poland’s automotive industry.
Central Europe
The global region chosen for this market analysis is Central Europe. Figure 1 shows the map of Central Europe. According to the Data Commons (2019), Central Europe has a population of over 166 million people. In particular, Germany has the largest population of approximately 83 million individuals (Data Commons, 2019). The three primary countries in Central Europe that will be screened include Germany, Poland, and the Czech Republic. Figure 2 shows the approximate population of Central Europe. In that light, Central Europe has a large population that BYD Auto Co. Ltd. Can convert into its potential customers through proper marketing strategies. However, the company should gain a competitive advantage since the region is a hub for other renowned car manufacturers, such as Opel, BMW, Volkswagen Group, Mercedes Benz, and Porsche. 
Figure 1: Countries in Central Europe

Figure 2: The Population of Central Europe
Countries Population Estimate

Germany 83,019,213 Poland 37,972,812 Czech Republic 10,649,800 Hungary 9,772,756 Slovakia 5,450,421 Austria 8,858,775 Switzerland 8,544,527 Slovenia 2,080,908 Liechtenstein 38,378 Total 166,387,590 
A Rough Market Screening
Criteria Purpose What type of information will give you some answers? Market size Germany, Poland, and Czech Republic has a large market for electric vehicles since many individuals are transitioning from conventional cars to plug-in hybrid or electric vehicles. There exist a latent market in Poland and Czech Republic for electric vehicles. Since Germany is more advanced in terms of automotive technologies, due to the presence of large car manufacturers, such as BMW and Volkswagen, it might be challenging to enter. Recently, electric cars have gaining more popularity globally. In Central Europe, the demand for these types of vehicles is steadily risin...

Updated on
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:

You Might Also Like Other Topics Related to dream:

HIRE A WRITER FROM $11.95 / PAGE
ORDER WITH 15% DISCOUNT!