BSBMKG523 Assessment 2 1 Creative Brief-Template Client Name of the project Mass market development of BMW Name of the client BMW Deliverables description Deliverables and description of project This project significantly works for company’s What is entailed by this project? promotion and marketing. Various promotional and marketing strategies are used in this project that works for enhancement of BMW’s recognition. Purpose of the project? The project concentrates on enhancing company’s recognition in mass market. It concentrates to increase BMW’s recognition in market. The project purpose is to design various promotional and marketing techniques for the company that can assist in creating better chances in view and generate positive thinking regarding the company’s product. First Deliverable BMW’s recognition in mass market. Second Deliverable Develop trust on customer of mass market on BMW cars. Increase the company’s market share by Third Deliverable increasing car sales in mass market Fourth Deliverable Generate positive thinking among mass market consumer towards BMW manufactured cars. 2 Overarching goal’s outcome Objectives 1st goal To generate awareness regarding product and company in mass market. 2nd goal To enhance cars sale of BMW by 10% 3rd goal To increase BMW market share by 5% 4th goal To obtain a competitive benefits over the rivals in 1 year. 5th goal To create a good image in market and customer. Audience description Target Audience Target Audience The market and customer are observed in target audience that can assist the organization to grow its business. Average power of purchasing is held by mass-market and is targeted by promotional and marketing campaigning program arranged by marketing agency. Marketing agency will use print, electronic media & social media to increase the promotional and marketing activities of economic class that can assist the organization to sell their services and cars in mass market. Central message Message The promotional campaign’s key message will Key Message concentrate 3 on prospering customer of economic class’s trust on the organization. The development of mass market is necessary for the organization so the focus of the message will be to relate organization with market of economic class. The car manufactured by BMW are reliable and safe that can provide safety to the family member while driving the car & this investment is one-time concerned to travelling experience and family’s safety is the organization’s main message that will be conveyed in mass market. Tone and Voice What is project’s voice? It is very essential to generate an appropriate voice for BMW’s promotional and marketing project. Voice determination is important as it clarifies the meaning and sense of marketing and promotional project for BMW. A correct personality of the company’s project is important to detect what can become company’s face in mass market. The project’s voice is constant for organization and the project. A celebrity face is important to be used as project’s voice who can convey the message to the organization’s targeted audience. What is project’s tone? The tone is associated with the emotions that must be maintained and considered by project’s voice while talking with organization’s targeted audience. It is essential to align tone and message of project accurately. 4 The project’s message is concerned to family’s safety to make sure that BMW provides maximum safety in their cars as compared to any other organization. The tone that needs to be employed in the project’s voice must be aligned to the message. The project must encompass serious tone along with the message that can assist in availing better motivating element and command in target audience. The use of serious tone must be ensured to depict that BMW is working seriously in manufacturing of car for mass market. How are they better? Competitive analysis 1st competitor Tesla Motors is the largest rival competitor of BMW that is creating a serious impact on the company’s business. Tesla motors hold various car variant in market that is imposing a strong competition for BMW in market. Social media and print media are utilized in the market by Tesla Motors. 2nd competitor Audi is another tough rival for BMW in the market. It accounts for 2nd largest rival for BMW in international as well as domestic market. Audi is recognised and utilized in business and economic class market hence it is greatly popular among consumers. It also uses social media and print media in the market that 5 creates an impact on business and economic class. 3rd competitor The 3rd biggest competition is given by Mercedes-Benz to BMW in market of cars. Social media & print media is used by it also to interact and promote among target audience. Different types of models have been launched by Mercedes in both high and middle range. Multiple car range has been created by it that has assisted in building strong brand image of the company in the market. Unique feature of client BMW is unique in sales market and car manufacturing. BMW is influenced mainly by its CEO Harald Krueger’s vision that is focused highly on innovation and research. The organization in engaged in innovative modifications in product and organization. Numerous innovative concepts has been introduced by the company such as eDrive technology, powerful rechargeable engines and vehicles, advanced and driving features. Actions and innovative technology has been used by BMW in the organization. Safety is given priority to the travellers and families by the organization. BMW M8 model highly concentrates and passenger’s safety and is equipped with xDrive and integrated braking system feature. It is also powered by S63 twinturbocharged V8 engine. 6 Technical and creative requirement Requirements of images Accurate images of internal technology and car are needed. 3D and high definition images must be promoted in social media and print media of BMW. It is required to have mages of high definition for product, technology and internal parts that can assist in introducing car in mass market. Requirements of copy The requirement of copy needs to be accomplished in marketing and promotion. Promotional content is required in the copy. BMW should provide proper copyright to market agency. Technical requirements Technical information embedded in the technical requirements is very necessary which is to be explained by BMW to market agency. Accurate technical details should be provided by the company to marketing agency which is company’s USP in market. Deadlines and timelines 1st Due date 22/11/2020 2nd Due date 17/01/2021 3rd Due date 05/04/ 2021 Sending initial project 20/05/ 2021 Sending final project 18/08/2021 Budgeting Budget of client $80,000 7 Service one estimate $25,000 Service two estimate $35,000 Service three estimate $27,000 8 References Braun, M. (2019). BMW Group Research, New Technologies, Innovations; Munich, Germany michael. bf. braun@ bmw. de. Sovacool, B. K., Rogge, J. C., Saleta, C., & Masterson-Cox, E. (2019). Transformative versus conservative automotive innovation styles: Contrasting the electric vehicle manufacturing strategies for the BMW i3 and Fiat 500e. Environmental Innovation and Societal Transitions, 33, 45-60. Shiu, E., Bonacina, A., & Binninger, F. (2017). Innovation management for products and processes in the automobile industry: example of BMW. Handbook of the Management of Creativity and Innovation, World Scientific, 191. Dorrer, C. (2018). Automated driving at BMW–Solutions for today and tomorrow. In 18. Internationales Stuttgarter Symposium (pp. 859-871). Springer Vieweg, Wiesbaden. Haider, M. (2020). Electrifying times: restructuring and decision-making in an automobile concern in the 21st century–The case of BMW Group. Hungarian Geographical Bulletin, 69(2), 119-135. Jovanović, T. A. N. J. A., Bansemir, B. A. S. T. I. A. N., Kirchner, M. A. R. T. I. N., & Voigt, K. I. (2017). The crowdfunding idea contest of BMW. In Proceedings of the 26th international association for management of technology conference, Vienna, Austria. Kukkamalla, P. K., Bikfalvi, A., & Arbussa, A. (2020). The new BMW: business model innovation transforms an automotive leader. Journal of Business Strategy. Elsen, S. R., Jegadeesan, K., & Aseer, J. R. (2019). A Comparative Study of Flow Characteristics of BMW M6 and AUDI R8 Commercial Sports Car Using Flow. Advances in Manufacturing Technology: Select Proceedings of ICAMT 2018, 243. 9