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Daimler/Bmw – a New Breed of Driver

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Assignment 2.3: Case Study – Daimler/BMW – A New Breed of Driver

Molicia Freeman
BBA304: Marketing Management
Dr. Wayman
Jones International University
June 15, 2013

1. Discuss environmental factors related to population that are changing the way certain people approach car buying and are thus creating new market segments.
Consumers expect businesses to address environmental influence on how products and services are delivered, and to work with the natural environment instead of slowly destroying it. Also people Consumer behavior is deeply influenced by factors, such as buyer’s culture, subculture and social class and age. Each generation will search for, select and purchase a product or service for use and disposal based on personal wants and needs. Each of these groups is a different segment of the market. For example a business wants to cater to those between the ages of 17-30 they do market research to find what type of vehicle appeals to this particular group.

2. Describe the values held by this emerging group of drivers that incline them toward car sharing programs.
The drivers who use the car sharing are attracted to the program because of it is affordable. The program can offer access to a car without the stress of car ownership hassles such as routine maintenance and auto insurance, nor will they risk losing their car if they cannot afford to pay it. It is also convenient for low-income households as it enables us they money they would usually use for a car payment toward other household or personal expenses. Car-sharing services also cater to certain demographics because they provide the practical aspects of car ownership. The increasing business of car-sharing has already begun to encroach on the market for rental cars, and companies such as Hertz and Enterprise have developed their own car-sharing programs to supplement

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