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The product strategy for the Nissan X-Trail Platinum Plus 2 Row is essential for its
success in the national and international automotive markets. To achieve this, it is
crucial to consider aspects such as the target market, competition, product value
proposition, price, distribution, and promotion. Additionally, the product must meet
the standards and demands of the foreign market, offering unique benefits such as
the Flexi-Board system and the Around View Monitor camera system. The
combination of price and quality, along with an effective distribution and promotion
strategy, are key to its success.
DEVELOPMENT
Product strategy
Before getting into how to prepare a product strategy, it is necessary to be clear
about the points that must be taken into account:
Target market
Competence
Product Value Proposition
Price
Distribution strategy
Promotion strategy
Follow-up plan
The first step in starting to export is to identify the product that will be sold in
foreign markets. To develop an export project, it is necessary to ensure that the
company can export and carry out a self-analysis of its products in a global
framework. It is also necessary to determine whether a product or a range of
products meet the requirements and needs of its customers abroad. The right
combination of price/quality and exportable offer is the perfect key to access any
overseas market.
Market Segmentation: This segment includes families looking for a spacious and
versatile vehicle for daily passenger and cargo transportation, individuals who
enjoy outdoor activities such as camping, hiking, biking, and other recreational
sports, individuals who live in urban areas and require a compact and
maneuverable vehicle to navigate city traffic, and drivers who highly value safety
features and advanced technology in a vehicle such as the Nissan X-Trail
Platinum Plus 2 Row Pickup Truck.
Market Demand: Market demand for the Nissan X-Trail Platinum Plus 2 Row
Pickup is strong and steady, driven by its versatility, comfort, and reputation for
reliability. Its spacious, configurable design makes it appealing to a variety of
consumers, from families to active adventurers, while its advanced technology and
safety features meet the demands of modern buyers. In addition, market trends,
such as the growing preference for compact SUVs and the importance of safety
and fuel efficiency, further support its appeal, positioning it as a competitive option
in its segment.
Strengths and weaknesses: The Nissan X-Trail Platinum Plus 2 Row Pickup
features a number of strengths that position it as an attractive option in the
competitive compact SUV market. Among its strengths is its spacious and versatile
design, which offers generous interior space and an adaptable seating
configuration to meet various passenger and cargo needs. In addition, the X-Trail
features advanced technology, including safety features such as automatic
emergency braking and blind-spot monitoring. Its reputation for reliability and
durability is also a strength, backed by Nissan's build quality and long-term
customer satisfaction. Some potential weaknesses of the X-Trail could include a
smaller towing capacity than some competitors and less flashy aesthetics in
certain markets. Additionally, in an ever-evolving market, keeping up with
emerging trends and technologies can be an ongoing challenge for the X-Trail,
although Nissan has demonstrated a strong capacity for innovation in the past.
Overall, the X-Trail's strengths outweigh its weaknesses, making it a solid and
competitive choice in its segment.
The X-Trail Platinum Plus 2 Row offers a Nissan-exclusive Flexi-Board load divider
system, allowing for greater versatility in cargo space. These dividers can be
adjusted and configured in different ways to suit a variety of loading needs. The
ability to adjust the rear seats on the X-Trail allows for greater flexibility to optimize
cargo space or passenger space as needed as well, they come equipped with
Nissan's Around View Monitor camera system, which provides a 360-degree view
around the vehicle for easy parking and maneuverability in tight spaces. The X-
Trail can offer an eco-friendly driving mode that helps optimize fuel efficiency and
reduce emissions. The X-Trail can come equipped with a hill ascent and descent
assist system that helps the rider maintain control on steep terrain. Here are some
unique benefits that the Nissan X-Trail can offer compared to other trucks in its
category.
Setting a price
Distribution strategy
A distribution strategy for the Nissan X-Trail in the U.S. could be based on the
following points:
These strategies can help Nissan maximize the distribution of the X-Trail in the
U.S. and reach a greater number of potential customers.
Promotion strategy
Content Marketing
Blog Posts
Videos
Social Media Posts
Email newsletters
Podcasts
Documentation with specifications or reports
Content created to improve SEO (search engine optimization)
Overall, the promotional strategy for the pickup should focus on maximizing the
visibility, interest and sales of the product in international markets. To achieve this,
various marketing and promotion tactics are used.
First, digital advertising is employed through paid ads on platforms such as Google
Ads and popular social networks, highlighting the key features and benefits of the
van. In addition, content marketing campaigns, including demo videos and
customer testimonials, are created to educate the public on the advantages of
choosing the Nissan X-Trail. The strategy also includes hosting exclusive launch
events at authorized Nissan dealerships, where customers can take test drives and
receive special purchase offers. Participating in international auto trade shows
provides another opportunity to showcase the product and network with potential
buyers and dealers. In addition, strategic alliances are established with influencers
and celebrities in the automotive field, as well as with local companies, to amplify
the promotion of the product and offer joint promotions. Finally, incentive programs
and promotions, such as special discounts and bonuses, are implemented to
stimulate demand and close sales.
Together, these promotional tactics seek to generate greater attention, credibility
and demand for the truck in international markets, thereby strengthening Nissan's
position in the premium crossover vehicle segment.
Owner Events: Host exclusive events for 2024 Nissan X-Trail owners to
strengthen the user community and provide information on vehicle maintenance
and care.
Implementing these services and follow-up strategies will help maintain a positive
relationship with customers and foster loyalty to the Nissan brand.
CONCLUSION
In conclusion, developing a product strategy for exporting is a fundamental step in
the internationalization process of a company, it involves the proper adaptation and
positioning of the product in foreign markets, considering the specific needs and
preferences of customers in each target country. In this conclusion, the importance
of this process is highlighted and its key benefits are highlighted.
First, a well-designed product strategy allows companies to take advantage of
overseas market opportunities. Each country has its own culture, regulations,
consumer preferences, and local competitors, so it's critical to adapt the product to
meet local demands and stand out from the competition. By understanding the
needs of the target market and adjusting the product accordingly, businesses can
maximize their chances of success abroad and increase their international sales.
In addition, developing a product strategy for exporting contributes to the
construction of a solid and differentiated brand image in international markets.
Consistency in product quality, design, packaging, and other attributes reinforces
brand perception and builds trust among foreign consumers. This is especially
important in a highly competitive global environment, where brands must stand out
and offer added value to capture attention and build customer loyalty. Another key
benefit of a product strategy for exporting is value chain optimization and
operational efficiency. By tailoring the product to local requirements and
preferences, companies can minimize production, logistics, and marketing costs,
allowing them to offer competitive prices in the international market. In addition,
this adaptation can help avoid legal or regulatory issues related to quality, labeling,
health and safety standards, which can arise when exporting products without due
consideration of local regulations.
Establishing a product strategy for exporting is essential to take advantage of
global opportunities, build a strong brand, meet the needs of the target market and
optimize operational efficiency, by taking into account the specific characteristics of
each market and adapting the product accordingly, companies can increase their
international competitiveness and achieve sustainable growth on the global stage.
REFERENCES
De Miguel, J. (2023, December 27). Product strategy: what it is, how to design it (+
examples). Doofinder. Retrieved March 6, 2024,
https://www.doofinder.com/es/blog/estrategias-de-producto