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Can you answer questions 1 and 2 about this Product: Volkswagen Jetta        II. Marketing Plan...

Can you answer questions 1 and 2 about this Product: Volkswagen Jetta

       II. Marketing Plan

  1. Situation analysis

1. what is the description of the Volkswagen Jetta's present target market and the position it holds in that market. It includes information about the market, product performance, distribution system and competitors. The following should be included:

2. Write a description of the market that will define the market and its segments, and a description of consumer needs and the environmental factors that may affect their buying patterns.

3.Write a description of the product/service being offered by the company at present. It should include sales levels, price and the product’s profit margins.

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Answer #1

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Volkswagen Jetta Brand Analysis
Parent Company

Volkswagen

Category

Sedan

Sector

Automobiles

Tagline/ Slogan

Not nearly as expensive as it looks

USP

A stylish car with powerful performance

Volkswagen Jetta STP
Segment

Car users looking for style and performance

Target Group

Young executives and businessmen

Positioning

Positioned as a car with great performance blended with style

Volkswagen Jetta SWOT Analysis
Strengths

Below is the Strengths, Weaknesses, Opportunities & Threats (SWOT) Analysis of Volkswagen Jetta. Strengths are:

1. Extremely well crafted exteriors providing it a sporty look

2. Available in diesel engine which provides improved mileage at a lower cost
3. A relatively powerful performer equipped with standard safety features
4. Owned by a highly renowned and reputed car manufacturer
5. Good branding and advertising
6. Over 10 million Jetta’s sold globally
7. Active participation in motorsport events

Weaknesses

Here are the weaknesses in the Volkswagen Jetta SWOT Analysis:

1. Slightly expensive and Higher maintenance cost compared to same segment cars

2. Unable to attract the expanding middle income class in emerging economies

Opportunities

Following are the Opportunities in Volkswagen Jetta SWOT Analysis:

1. Expanding automobile market

2. Acquiring partnerships with automobile business entities

3. Providing features to attract specific country markets

Threats

The threats in the SWOT Analysis of Volkswagen Jetta are as mentioned:

1. Increasing fuel costs

2. Impending recession which can adversely affect automobile industry
3. Intense competition from giant automobile manufacturers

Volkswagen Jetta Competition
Competitors

Below are the top 3 Volkswagen Jetta competitors:

1. Honda Civic
2. Maruti Kizashi

3. Chevrolet Cruze

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