BMW SWOT Analysis, USP & Competitors

Posted in Automobiles, Total Reads: 14722
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SWOT Analysis of BMW with USP, Competition, STP (Segmentation, Targeting, Positioning) - Marketing Analysis

BMW

Parent Company

BMW Group

Category

Luxury Sedan, SUV

Sector

Automobiles

Tagline/ Slogan

Ultimate Driving machine; Sheer Driving Pleasure

USP

BMW is technologically advanced and luxurious product portfolio delivering ultimate driving experience

BMW STP

Segment

Luxury segment cars for affluent customers

Target Group

Targeted towards rich professionals and affluent families

Positioning

Positioned as eco-friendly and technologically advanced company which inculcates innovation in the products to provide an exhilarating driving experience

Product Portfolio

Brands

1. BMW 3 Series

2. BMW 5 Series

3. BMW 7 Series

4. BMW X3

5. BMW X5

6. BMW X6

BMW SWOT Analysis

Strengths

1.Constant Product Innovations and technological advancements have made BMW a leading car brand

2. BMW has a diversified portfolio including SUVs and Luxury Sedans as well as sports car

3. Most of the cars are equipped with iDrive, an in-car infotainment  system, which connects all the inner functionalities and capabilities

4. Great Styling and elegant interiors is a feature of BMW cars

5. One of the oldest car manufacturers and have strong market presence and legacy

6. Diversification in business through brands like Mini and Motorrad as well as Husqvarna

7. BMW has excellent advertising and is top of the mind luxury brand, also involved in motorsport and sponsorship of global events

8. Nearly 100,000 employees and produces approx 1.5 million cars per annum

Weaknesses

1. Strong competition from other luxury manufacturers means BMW has a constant fight for market share

2. Being a popular brand, minor controversies are blown out of proportion which affects the image

Opportunities

1.Expanding automobile market and available space for competitors is an opportunity for BMW

2.Increasing the offered product portfolio along with diversification

3. The reputation and brand identity earned by so many years of existence, can be leveraged to acquire new customers

4. More inclination of affluent customers to purchase premium global brand like BMW

5. Augmenting the distribution and service network in various countries

Threats

1.Increasing fuel costs

2.Competition from other big automobile giants can affect BMW's market share

3. Competitive products offering same level features at a lesser price

4.Product innovations and frugal engineering by competitors

Competition

Competitors

1. Audi

2. Mercedes Benz

3. Volkswagen

4. Honda Motors

5. Porsche Automobile Holding SE



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