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Micro Marketing of Rolls Royce

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Abstract

This assignment is on Marketing Strategy. This paper consists of the marketing strategy of Rolls-Royce Ghost, which is the latest model of Rolls-Royce motor car, one of the most famous motor car brands in the world. This paper consists of product profile, market offering by this product, environment affecting this product, marketing mix, segmentation, targeting, and differentiation and positioning, SWOT analysis, Product classification, branding, pricing strategy and sales promotion of this product. This paper also offers the answer of some question, for what the customers will buy this product, how they capture value from the customers and so on.

Product Profile

The Rolls-Royce Ghost is smaller luxury 4-door saloon …show more content…

All that power is sent to the rear wheels through an eight-speed ZF transmission. The result is a 0-60-mph time of 4.7 seconds and an electronically limited top speed of 155 mph. * Best after sales service:
The Rolls-Royce motors offer the best care of your car after sales service by the most talented technicians of the world.

Environments affecting the marketing of Rolls-Royce Ghost
All of the components of micro and macro environment affects more or less to the marketing strategy of any product. For that, all of the forces of macro and micro environment do not have the same affect on Rolls-Royce Ghost’s marketing strategy. * Major actors in the Ghost’s microenvironment: * The Company: The company’s decision affect Ghost’s marketing * Competitors: Rolls-Royce has to create greater customer value and satisfaction than the competitors. * Publics: Marketing Strategy of Ghost should be affected by the financial people, Media publics and Internal publics. * Customers: Customers are the most important actor for Ghost. Rolls-Royce pays special attention to the customer’s demand and supply personalize car for the customers.

* Major factors in Ghost’s Macro environment: * Economic environment: The factor that affects the Rolls-Royce most that is the economic factor. Rolls-Royce Ghost operate their marketing activities most where peoples are rich and over rich e.g. Hong-Kong, Manhattan etc. it 's

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