Professional Documents
Culture Documents
MARKETING
UBER
Introduction
Target Audience
Competitors
Swot Analysis
Marketing Strategies
Introduction
Service Marketing is a strategy
which promotes and showcases
the intangible benefits and
offerings delivered by a
company to drive end customer
value.
Sectors like hospitality, tourism,
financial services, etc. use
service marketing to drive their
business.
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UBER
Uber Technologies operates as a technology platform for people and
things mobility. The firm offers multi-modal people transportation,
restaurant food delivery, and connecting freight and shippers.
It operates through the following segments
1. Rides
2. Eats
3. Freight
4. Other Bets
5. ATG and Other Technology Programs
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Founded March 2009
Founders Garrett Camp
Travis Kalanick
Headquarters San Francisco, California, U.S.
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Uber’s Vision Statement
“We ignite opportunity by setting the world
in motion.”
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How does it work?
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BENEFITS CHALLENGES
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DIFFERENT
SERVICES
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TARGET AUDIENCE
This segment of the Uber target
market includes
People who do not have a driver’s
license
People who are too young to drive
People who’ve had their driving
license confiscated
People who are not able to drive
for medical reasons
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COMPETITORS
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Marketing P’s
1. Product - Creating a marketing campaign starts with an understanding of
the product itself.
2. Price - Price is the amount that consumers will be willing to pay for a
product.
3. Place - Place is the consideration of where the product should be
available, in brick-and-mortar stores and online, and how it will be
displayed.
4. Promotion - The goal of promotion is to communicate to consumers that
they need this product and that it is priced appropriately.
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SWOT
ANALYSIS
Strengths
• Largest Ride Sharing Technology: Uber has positioned itself
as the largest ride-sharing technology in the world
• Strong Brand Recognition: Uber has maintained a strong
brand recognition in over 50 countries.
Weaknesses
• Substantial Losses: Although it has increased its revenues,
Uber has been facing significant losses since 2009. In order
to beat out its growing competition.
• Dependency on the workforce: Uber’s heavy dependence on
its workforce and internet has not been advantageous for the
company.
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Opportunities
• Accountability and Performance: Customers are no longer impressed
by unorganized cab services who have been over the market.
• Utilize Digitalization: The world is becoming increasingly digital.
More people prefer an interconnected – network that is easily
available on their smartphones.
Threats
• Customer and Employee Retention: With competition on the rise,
customer and employee retention can prove to be a challenge for
Uber.
• Increasing Competitors: Competition from Lyft and other
transportation services such as Ola in India has significantly affected
Uber.
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MARKETING STRATEGIES
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1. Early Adopter Advocacy
• Word of mouth marketing has been essential for Uber
• While many techies are constantly looking for new products and
services that transform their ways of life, Uber also took aim at them
2. Referrals
• Took advantage of Uber’s referral marketing program to give friends
free rides while earning credits themselves.
3. Reviews
• One massive differentiator between Uber and traditional taxis is that the
transportation disruptor has rating systems for both drivers and
passengers.
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4. Stunts
• Publicity tactics used by the company
• exciting “surprise and delight” tactics work to please loyal
customers,
5. Partnerships
• Certain Capital One credit card holders can get discounted rides,
Starwood Hotels Preferred Guest members can earn hotel points for
every Uber trip they take, and Spotify users can link their profile to
their Uber account to play their music while they ride.
6. Loyalty Programs (Tangible Benefit
program)
• Uber VIP” is exclusive to those who are actually loyal – customers
who’ve taken over 100 Uber rides.
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Thank you
Akarsha S
Girisha Jain
Harshita Gupta
Anjali Kainth
Anchal Baliyan