Marketing Plan For The Chrylser Neon
Marketing Plan For The Chrylser Neon
Marketing Plan For The Chrylser Neon
Contents
Background Analysis Synthesis Action Program
Background Analysis
Positives for Chrysler: Demonstrated stronger progress in improving its product development process. Controlled development costs -> affordable car. Commitment to a successful, small car-> even considered a deal with Fiat.
Cont..
Negatives for Chrysler: Poor quality record. Dismal prior attempts.
Dodge shadow -> 162 problems/ 100 cars Plymouth Sundance -> 137 problems/ 100 cars.
Competitors: mainly high cost producers. Ford Escort- $2 Bn development cost (5 years) Saturn- $ 5 Bn development cost (7 years) Japanese subcompacts-Increasing development costs and reducing market share.
Cont..
The Market Research results: Growing potential for sub compacts. Concept of utility vehicle
Small car that felt like a big one Fun to drive, safe and reliable.
Reasonable Price
Other favorable conditions: Pre launch tests- logging of unprecedented hours up to 250,000 miles. Favorable trends
Expected rise in federal mileage standards. Recession driven interest in affordable cars.