Professional Documents
Culture Documents
Communication
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http://www.iipm.edu
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The Land of the Rising Sun!
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JAPAN
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Introduction
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The Toyota Way
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Vision & Mission
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Mission Statement
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Vision Statement :
Toyota aims to achieve long-term, stable
growth in harmony with the environment,
the global economy, the local communities
it serves, and its stakeholders.
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The Golden Period
Its first vehicles were the A1 passenger car and the G1 in 1935
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G1 Prototype -- 1935
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Origin of the Name
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Origin of Logo
Three ovals
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Toyota….in a nutshell
Toyota also owns and operates Lexus and Scion
brands and 655 other subsidiaries
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Marketing Application
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4P’s Strategy at Toyota
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Pricing Strategy
Promotional Pricing :
1) Low Interest financing : This technique is for short
period and is mainly used in festive seasons.
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Demographic segmentation
Family size:
Large family size as in India would
Increase opportunities for groth in sales of
Innova or Fortuner .
Income:
People falling in category of upper middle
high income group and who have ability
and willingness to buy ,would go in for
Toyota cars like land
cruiser,prado,camry,etc.
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Psychographic segmentation
Personality:
Social class:
People who are in sporty attitude
having unique style statement
People who belong to upper middle
would settle for Toyota Altis sport
class and higher social status would
model or Fortuner which would
opt for SUVs /MUV’s or sedan like
exhilarate their senses.
camry etc.
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Behavioral segmentation
Benefits: Attitude :
On purchase of a car , Person desiring an executive
Occasions: customer would also look ,would surely settle for
Festive seasons like look for various corolla or Camry ,whereas
DIWALI,NEW YEAR benefits adjoined with people desiring for sturdy
because of low interest the main product like yet sporty look would
financing and discount Bluetooth rather go for Fortuner as it
people go in for purchase connectivtiy.HID redefines the way you move
of cars. so more growth. headlamps, cruise with art of power.
control etc.
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Promotion
TOYOTA uses many different techniques of
advertising as most of Print advertisement of TOYOTA
COROLLA are individually targeted at factors like
comfort, performance, styling, power, leg room and
driving pleasure.
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INNOVA "All you desire"
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Direct Marketing
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Pioneer Toyota website
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Sales Promotion
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Bricks and Clicks
Internet Business model
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Typical advantages of
Bricks and Clicks
Core competencies
Brand equity
Organizational learning
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Application
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Innovation
Anti-lock braking system
Traction Control
Lane-Keeping Assists
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Innovation
Hybrid gas-electric vehicles
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Communications & PR
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Importance of Advertisement
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Advertisement
January 2009
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Advertisement (Last Week)
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Thank you!
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