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Brand Management

Assignment
Rohit Singh A_54
About McLaren
McLaren Group is globally renowned as one of
the world’s most illustrious high-technology
brands. Since the formation of McLaren Racing in
1963, McLaren has been pioneering and
innovating in the competitive world of Formula
1, forging a formidable reputation which has
seen the racing team win 20 World
Championships and over 180 races.
‘INNOVATION IS GREAT’

McLaren partnered with the GREAT Britain campaign


to celebrate ‘Innovation is GREAT’, as showcased on
the MP4-31 at the 2016 United States and Mexican
Grands Prix. Whether through F1, road cars or
Applied Technologies, McLaren is a British business
embracing innovation and works with Partners and
people across the world to bring insights to
industries as diverse as healthcare and transport.
CUSTOMER PROFILE
Supercar
Enthusiast
Businessmen

Ready to pay
high price
Entrepren
eurs

Class not
Rich
mass
POINTS OF PARITY
Price Quotient Engine

McLaren's price range is almost Supercars usually have same


similary to its competitors like nos of cylinders ranging from
Porsche, Lamborghini, Ferrari eight to twelve

Ergonomics Accessibility
All supercars have the similar Other than special edition cars,
driving experience due to stiff this segment of automobiles
suspension, reacing seats and have the same barriers for
precision steering. owenership.
POINTS OF DIFFERENCE
Design British Heritage
McLaren's design has a tear McLaren is a British business
drop shape which stands out embracing innovation and
from its competitors like works with Partners and
Porsche, Lamborghini, Ferrari people across the world

Technology Aerodynamics
All Mclaren cars have superior Mclaren's aerodynamics help it
technology which helps them distinguish its cars from that of
to reduce drag and instant its competitors
braking
COMPETITION

Lamborghini
Porsche

Ferrari Aston Martin


POSITIONING STATEMENT

McLaren is keenly aware of its brand positioning as the


“embodiment of luxury” and works diligently to
maintain it.

Exclusivity is a big part of the desire consumers feel for


a McLaren sports car. But McLaren’s management
understands that in order to keep the world in touch
with these feelings for their brand, they need to
carefully manage their positioning.

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