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BACKGROUND STATEMENT
Before we get into details, lets know why innovation is essential in any industry
So now that we know how important it is for any industry to keep upgrading
and innovating and marketing industry is no less. Innovation in marketing is not
only the incorporation of new technology but also the implementation of new
effective ideas. Innovation is essential since it helps improve your product or
service. With innovation, you can reach new markets, and increase sales and
revenue. Innovation can be presented in different forms and influence various
areas of a business. You can bring new technologies or ideas into practice so
that your company can stand out from the competition. After implementing
some changes, you might notice higher customer satisfaction, more sales, and
higher profit. Consider implementing design, manufacturing, and product
innovation depending on your needs and problems. If you manage to adapt to
consumer preferences, needs, and behaviour, you can focus on your customers.
Innovative marketing strategies and campaigns enable you to find the right
approach to your target audience and win their attention. Conduct research to
find out the features your product needs for a better user experience. Excellent
customer experience will bring benefits to your customers and business.
So with this report I am trying to find out newer and innovative ways of
marketing both online and offline channels and finding out ways to make it
more cost effective and advancing our reach toward our Target market.
BACKGROUND THESIS
The methods for marketing cars have changed dramatically over the past 120
years. It all began with very simple black and white adverts, produced soon after
motor vehicles were invented. These days, we’re bombarded from all angles
with slick videos, flashy print ads and more online content than we could ever
possibly consume. The simple adverts in the early days were a sign of the times,
emphasizing that cars were the ultimate luxury. The first ever car advert in 1898
featured the headline “Dispense with a horse” and simply sold the benefits of
the Winton Motor Carriage. In 1912, Henry Ford said: “Ford advertising never
attempts to be clever.” However, as the ’20s arrived and the adverts became
brighter with beautiful Art Deco illustrations, even Ford couldn’t keep it simple.
Ad agencies were brought in to drive the creativity of the adverts forward. Even
in the ’30s when America was struggling with The Depression, streamlined car
ads cut through the darkness of the era. It was after WWII that car adverts
looked to the future with illustrations that became more ridiculous and
futuristic. Cars were still a luxury, but there was more competition, and car
makers’ efforts in the war were used to promote new consumer offerings. Car
ads were getting bigger and more over the top through the ’50s — much like
American cars of the time — but it was Volkswagen that changed all that with
its iconic 1959 advert for the Beetle with the tagline “Think Small.” This is where
the motoring world and the marketing that went along with it split. American
advertising had an ostentatious, rock-and-roll feel to it, while Europeans were
taking a more compact route. America was all about the big V8 engines and
imagery that included animal print and bikini-clad women. However, when the
oil crisis hit in the seventies and Japan entered the market with efficient little
automobiles, those rumbly V8s fell out of favor. When super cars hit the market
in the ’80s, cars became more than just a luxury. Ad agencies concentrated on
style but had to sell the unique points of each car. Television advertising
became quite important for manufacturers as a way to show off exactly what a
car could do. Long gone were the days of over-the-top illustrations. Land Rover
took the idea a little further and began a new era of over-the-top video
marketing with its Defender climbing the side of a dam. All the adverts from the
eighties were garish, loud and bright, something that has ebbed away over the
years, but it was the nineties where car adverts really came into their own with
bigger budgets and more technology leading to cinematic epics such as the Ford
Cougar ad that featured Dennis Hopper racing another version of himself. Fast
forward to more modern adverts — both generally and in the automotive world
— and car manufacturers are taking a completely different route. While you can
still find the dramatic and ostentatious marketing material out there, there is an
emerging trend advertising to appeal our emotions. Just look at Volvo’s new ad
for its Polestar V60, playing up to the emotions of all dads who want their kids
to look up to them — as racing drivers, no less. This campaign goes one step
further by integrating social media, encouraging people to upload their
children’s drawings of cars using the hashtag #MyPolestar. The prize is to win a
day’s ‘racing driver experience’, and this highlights another evolution in
automotive marketing — allowing your audience to become brand
ambassadors. Automotive video marketing has drastically changed the way we
feel about cars, and print advertising has also followed this trend. In a rather
neat conclusion to this nostalgic trip, Volvo has gone full circle by encouraging
followers to produce their own prints, backed up with emotive video content
and a dedicated social media plan. Manufacturers are certainly working very
hard to win our attention these days.
There has been a significant rise in the sale of used vehicles, with industry experts
projecting a 9 per cent growth rate between 2019 and 2025. The rise in the sale
has especially been seen in four-year-old or pre-owned electric and hybrid
automobiles which are backed by the latest technologies but are not as expensive
as the new cars. With the rise in sales, dealerships are now creating inventories,
especially dedicated to keeping pre-owned cars.
• Internet of Things
IoT also uses algorithms and makes it possible to monitor a vehicle and perform
predictive maintenance. The alerts about driving and predictive maintenance
will be sent to the driver. This helps reduce downtime and improve the driving
experience.
Automatic lift gate technology is helpful when you want to get into your car,
and your hands are full. The car can sense your keys and open them
automatically.
Many cars, including different Toyota Tundra colors, can gain from such
technologies that improve a driver’s experience.
• Electric Vehicles
Companies that make electric vehicles aim to produce cars that are easy to
maintain. This means producing trucks with fewer parts. Companies continue to
work towards finding these solutions. For example, some companies might
consider using parking spaces as charging stations. Technology makes it possible
for the charging station to know how much power each vehicle needs. Software
technology also controls how each car is charged in terms of speed.
• Wireless technology
Normal cars usually have over 100 million codes and 30,000 parts, and the latest
technological advancements have further increased the numbers to help drivers
navigate more properly. Especially, the inclusion of 5G technology will be a game
changer as people will be able to exchange information through wireless
technology including traffic and weather updates while on the road.
Empowered by the Internet of Things, connected cars are safer, comfortable, and
provide a convenient multimedia experience with the use of on-demand features
that allow drivers to do anything they want on the web while in the vehicle.
Connected cars can not only communicate bi-directionally with various other
systems but also share internet access and data devices inside and outside the
vehicle. These cars can monitor and share information and services like digital
data and remote diagnostics, vehicle health reports, data-only telematics, access
to 4G LTE Wi-Fi Hotspots, turn-by-turn directions, and car health issues that allow
the user to prevent breakdowns.
• Autopilot
Though the concept of entirely self-driven cars is still a distant dream for Indian
roads, technological advancements, especially in the domains like artificial
intelligence (AI), machine learning (ML), and neural networks might soon make
possible the commercial availability of advanced driver-assistance systems (ADAS)
and semi-autonomous cars. However, for smooth entry of autonomous vehicles,
there is an immediate need to address key issues like pricing, safety issues,
consumer understanding, and insufficient regulatory base.
• Influencer Marketing
Influencer marketing has become one of the recent trends in the industry, there
are many brands which are now using influencer marketing to gain popularity
and awareness among the consumer. There are many brands in INDIA which
cant afford celebrities with millions of followers and so micro-influencer
marketing is one of the most growing trends in this industry. Its said that around
89% of marketers are engaged with influencer marketing and 17% are planning
to get in to this and 56% of marketers are involved in micro-influencer
marketing. This is growing better because people can connect better to micro
influencers as they still consider them easy to reach and connect unlike famous
celebrities.
• Video Marketing
Shorts videos like Instagram Reels, Youtube Shorts have now become very
popular and is less time consuming and does provide all key information. This is
a growing market in both B2B & B2C, 90% of the marketers are using shorts
videos Not only does it take less bandwidth to create a short-form video, but
this type of format aligns well with the fast-paced attention spans of online
audiences in a variety of demographics. This is likely why platforms like TikTok,
Reels, and — in previous years — Snapchat have gained quick growth and
marketing interest.
As we inch closer to 2023, it's becoming increasingly crucial for sales and
marketing teams to work together. But when this doesn't happen, it creates a
flurry of problems for everyone involved. Most notably, it's more challenging to
share and access data across teams — which 1 in 5 marketers
currently struggle. When these teams are aligned, marketers can get a more
complete picture of their customers, including their interests, hobbies,
and demographics.
Virtual reality (VR) and augmented reality (AR) will experience slow adoption in
the marketing sphere.
The Board of Management manages the business of AUDI AG and of the Audi
Group in accordance with the law, the Articles of Incorporation and Bylaws of
AUDI AG and the rules of procedure issued by the Supervisory Board. Corporate
governance also gives due consideration to the corporate goals and to shared
interests within the Volkswagen Group.
Members of the Board
Markus Duesmann
Chairman of the Board of Management and Board of Management Member for Product Lines at
AUDI AG
Members of the Board
Dirk Grosse-Loheide
Board Member for Procurement and IT
Members of the Board
Oliver Hoffmann
Board Member for Technical Development
Members of the Board
Jürgen Rittersberger
Board Member for Finance and Legal Affairs
Members of the Board
Xavier Ros
Board Member for Human Resources and Organization
Members of the Board
Gerd Walker
Board Member for Production and Logistics
Members of the Board
Hildegard Wortmann
Board Member for Marketing and Sales
Supervisory Board
• Manfred Döss
Shareholder representatives
Employee representatives
• Rita Beck, Vice Chairwoman of the Works Council of AUDI AG, Ingolstadt
plant
• Karola Frank, Chairwoman of the Works Council of AUDI AG, Ingolstadt
plant
• Peter Mosch, Vice Chairman of the Supervisory Board of AUDI AG,
Chairman of the General Works Council of AUDI AG
• Petra Otte, Trade Union Secretary/Press Spokesperson of IG Metall
Baden-Württemberg
• Alexander Reinhart, Vice Chairman of the Works Council of AUDI AG,
Neckarsulm Plant
• Rainer Schirmer, Chairman of the Works Council of AUDI AG, Neckarsulm
plant
• Jörg Schlagbauer, Vice Chairman of the Works Council of AUDI AG,
Ingolstadt plant
• Irene Schulz, Executive Member of the Managing Board of the Metal
Workers Trade Union (IG Metall)
• Bernhard Stiedl, Chairman of the DGB Bavaria
• Stefanie Ulrich, Personnel Management, Neckarsulm plant
Predecessors
CHAPER 2
CONTACT INFO
S No 45/1 to 10/1 Mumbai Bangalore, Bypass Highway,Baner,Pune,Maharashtra
411045
Toll free ; 1800 419 5757
Tel ; +91 8669611118
Customer.first@audi.in
Our Handles
Twitter ; https://twitter.com/AudiPune?s=20
Youtube ; https://youtube.com/@audiindia
Instagram ; https://instagram.com/audipune?igshid=MjljNjAzYmU=
Facebook ; https://www.facebook.com/PuneAudi/?mibextid=ZbWKwL
Email us at info@audipune.co.in
Company History
AUDI AG is able to look back on an exciting and varied past – its tradition of car
and engine manufacturing extends back into the 19th century. It all began with
August Horch, one of Germany's pioneering personalities automobile engineers.
After graduating from the Technical Academy in Mittweida, Saxony he worked
on engine construction and later as head of the motor vehicle production
department of the Carl Benz company in Mannheim. In 1899 he started his own
business A.Horch & Cie. in Cologne. Horch moved to Saxony in 1902, first to
Reichenbach then in 1904 to Zwickau, where the company was transformed
into a joint-stock corporation.
Following differences of opinion with the Board of Management and
Supervisory Board, August Horch left the company in 1909 and immediately
established a second car company in Zwickau. Because his surname was already
in use and was protected by trademark, he chose its Latin translation for the
new company. So "horch!" – or "hark" – became "audi!".
The idea of using the Latin imperative form came from the son of one of August
Horch's business partners; the boy, well-versed in Latin, had overheard the
discussion about the search for a new company name. In subsequent
correspondence, August Horch even signed his letters with the words "Kind
regards – Audi-Horch". Audi Automobilwerke GmbH itself became a joint-stock
company in December 1914.
then the second-largest motor vehicle manufacturing group Germany. Here are
brief details of the roots of today’s AUDI AG.
Horch - At the end of the 19th century, there were already a number of car
manufacturers in Germany. One of them was August Horch & Cie., founded on
November 14, 1899 in Cologne. August Horch was one of the pioneering figures
in automobile engineering. Before setting up in business on his own, his
professional experience had included three years in charge of automobile
production at Carl Benz in Mannheim. In 1904, August Horch moved his
business to Zwickau and transformed it into a joint-stock company.
The Auto Union AG, Chemnitz - On 29 June 1932, Audiwerke, Horchwerke and
Zschopauer Motorenwerke J. S. Rasmussen AG (DKW) merged on the initiative
of the State Bank of Saxony to form Auto Union AG. A purchase and leasing
agreement was concluded at the same time with Wanderer for the takeover of
its motor vehicle division. The new company's head offices were in Chemnitz.
Following the merger, Auto Union AG was the second-largest motor vehicle
manufacturer in Germany. The company emblem consisted of four interlocking
rings, intended to symbolise the inseparable unity of the four founder
companies. The Audi, DKW, Horch and Wanderer brand names were retained.
Each of the four brands was assigned a specific market segment within the
group: DKW – motorcycles and small cars; Wanderer – midsize cars; Audi – cars
in the deluxe midsize segment; and Horch – luxury cars at the top end of the
market.
Vision of AUDI
To lead the premium automobile segment across the world. This vision is the
core of the company. They regularly fine tune the objectives to match the
changing economic, ecological and social requirements. The vision statement is
its strategic plan for the future – it defines what and where Audi Company
wants to be in the future. The vision statement for Audi is a document
identifying the goals of Audi to facilitate its strategic, managerial, as well as
general decision making processes.
Mission of Audi
These organizations are local ones and provide the micro picture about the local
business. Also the previous employees in automobile industry help the company
to develop the understanding of the relevant customers. The NGOs like PETA
are taken into the considerations to understand the human and environmental
rights closely. The mission statement for Audi is a public document that details
the values and strategic aims of Audi. The mission statement of Audi also
identifies the purpose of the organization existence, highlighting the services
and the products it offers. Further, the mission statement also identifies the
organization’s operational goals for Audi, the processes the company uses to
achieve those, the target customer groups, and the region where the company
Audi, has won several awards in the annual honours conferred on outstanding
automobiles by the discerning auto media in India for five consecutive times.
The crowning glory was the top award for “The Best Brand for Advanced
Technology”, which reaffirms the success of Audi’s pursuit of technological
excellence and quality in India.
Audi once again proved its excellence and edge over other global players in the
Indian market. In a short span of time, Audi has become synonymous for setting
new standards in the luxury segment and this has been well appreciated by
discerning customers and reviewers in the Indian market.
The new Audi A4 sedan has outperformed global players in terms of style, looks,
performance and technology. It has won four top accolades — from Business
Standard Motoring as Premium Car of the Year from Zig Wheels for Premium
Car of the Year, a third award for Performance Car of the Year from CNBC
Overdrive and the Best Driver’s Car from UTVi Autocar Awards. The Auto India
Best Brand award for The Best Brand for Advanced Technology was additionally
awarded to Audi.