Accenture recently conducted an international study of 10,000 consumers which found that 80% of drivers seeking to purchase a new car are using digital technology to research their buying preferences, and nearly two-thirds (62%) are initiating the car-buying process online, including consulting social media channels, before entering a dealership.
As the sales collapsed in UK, the luxury car brands have as a replacement for turned towards emerging markets for growth. The global expansion strategy will differentiate the markets and it will reduce investments in mature markets as in USA and Europe. Aston Martin strategy is to raise funds to supporting strategy of global expansion, for reaching emerging markets, in order …show more content…
When they consider economy cars that are the modest to keep up them they go for the Japanese innovation on the grounds that is the image the country has named it. But when they setting off to the business sector with they would like to get an auto for its extravagance, motor capacity, wellbeing, class, innovation, execution, very much perceived and regarded the first thing that strikes a chord is the car. That is the sort of image its tag with now and it’s a positive point of preference for Aston Martin as its cars are made to focus on the top class and white collar class of the general public.
Advertising and Marketing Tools Marketing Channels
Marketing channels used by Aston Martin includes
• Television commercials
• Internet
• Event Sponsorships
• Mobile marketing
Sales Promotion
Sales promotion includes proposing short term incentives for its potential customers in order to commit to the purchase of the services or products, focusing on product differentiation strategy, Aston Martin is based on promotional advances and distinctive design, offering technological exclusivity product, uniqueness, quality through using diverse communication media available like TV, Magazines, Internet, radio and public events (www.autonews.com, 2015).
As the market leader for promoting their Aston Martin mainly emphasises on satisfaction of its