(General Motors) From Humvee to Hummer (H.U.M.V.E.E. – high mobility multi purpose wheeled vehicle) THE TARGET MARKET OF FIRST HUMMER BY AMERICAN MOTORS (1992)
• ELITE ROAD WARRIORS
• AVERAGE INCOME $200,000 AND ABOVE • Flamboyant – (regarding their personal success) THE TARGET MARKET OF HUMMER 2 BY GM (1999)
• Wealthy baby boomers
• 30-40 something wealthy customers • Occupations- Investment banking or independent business persons • Outdoorish and adventuresome THE TARGET MARKET OF HUMMER 2 BY GM (2002)- smaller size
• Average income of $100,000
• Average age -42 •City dwellers •Steady income and maybe with families THE TARGET MARKET OF HUMMER 3
• Average income of $125,000
• Average age under 42 • Appealing towards more younger youths (suburban teenagers) •Steady income and maybe with families Company Case: ZARA (De Cero A Zara- From Zero to Zara)
possibly the most innovative and devastating retailer in the world.
Daniel Piette (Fashion director of the French Fashion House LV) Company Case: ZARA (Amancio Ortega) ZARA Facts
• Part of Inditex group
• Launched its first store in 1975
• Presently have stores in 73
Countries • 50% of the products Zara sells are manufactured in Spain, 26% in the rest of Europe, and 24% in Asian and African countries and the rest of the world
The Infallible Mysteries of the 1960s, 1990s and the Late 1950s Market, Customers and Production Rediscoveries: Understanding the Fordist Approach to 21st Century Business Success