New sales and marketing strategy: BMW Group optimistic about 2021 after posting record Q4 sales

New sales and marketing strategy: BMW Group optimistic about 2021 after posting record Q4 sales

16.01.2021: Pieter Nota: Strong demand and profitable growth expected - Gains of more than 50 percent: electromobility as significant growth driver - Plans to double sales of fully-electric vehicles


Pieter Nota: Strong demand and profitable growth expected



- Gains of more than 50 percent: electromobility as significant growth driver

- Plans to double sales of fully-electric vehicles

- Annual investment of triple-digit million amount up to 2025 in digitalisation of sales and marketing creates basis for best customer experience

 

    Digital aftersales upgrades will drive highly profitable optional equipment business

    Performance marketing for personalised, targeted customer approach

    Customers to receive individual tailored offerings, with all products and services from single source

    Retail partners play crucial role at point of sale and in providing service






After achieving an all-time sales high in the fourth quarter of 2020, the BMW Group is optimistic about the current year. The company is realigning its Sales and Marketing division in close collaboration with its retail partners – with the aim of offering the industry's best premium customer experience.



“We are optimistic about 2021 and look forward to resuming our profitable growth, thanks to strong demand for our fresh product line-up,” said Pieter Nota, member of the Board of Management of BMW AG responsible for Customer, Brands, Sales.


“We want to increase sales of our electrified vehicles by more than half in 2021. This underlines the importance of electromobility as a major growth driver for our company,” Nota continued. The company also aims to double sales of fully-electric vehicles this year. The introduction of the fully-electric MINI* and BMW iX3* last year will be followed in 2021 by the start of production for the fully-electric BMW iX in Dingolfing and the BMW i4 in Munich.



The BMW Group has now increased the number of electrified vehicles (fully-electric and plug-in hybrid) in its line-up to 13 models, available in 74 markets around the globe. The BMW Group plans to virtually double the number of electrified vehicles it offers to 25 models by 2023: More than half of these will be fully electric.






Sales channels quickly and systematically adapted in 2020



Customers will have option of buying custom vehicles entirely online



The BMW Group forged ahead with digitalisation of its sales and marketing last year, partly in response to the coronavirus pandemic and customers’ desire for the sales process to be as contact-free as possible: Sales representatives in more than 60 markets are now able to advise customers and sell vehicles from any location.



They can configure vehicles together with the customer using a shared screen, for instance, or give them a virtual tour of the cars they have in stock.



The second step was for the company to take the sales process for retail partners largely online via its high-traffic websites in key markets. This will be rolled out in other markets in 2021.



As part of its new sales strategy, the BMW Group, with its retail partners, is planning to give customers the option of buying their individually configured custom vehicle entirely online in the future and having it delivered to their front door – creating an entire online customer journey that is completely seamless: from configuration to ordering and through the use phase. This will allow customers to experience BMW Group products and services customised for them in the best possible way.



Electric vehicle owners can also configure products and services from BMW Charging and MINI Charging individually to create a charging solution tailored to their needs – for charging at home or on the go.



Annual investment of triple-digit million amount up to 2025 in digitalisation of sales and marketing
“We will be investing a triple-digit million euro amount annually up to 2025 in the digitalisation of our sales and marketing and are working together with our retail partners to offer the industry’s best customer experience going forward,” said Nota.



“If customers choose to share their data with us, thanks to digitalised processes, we can get to know their wishes and preferences better than ever. We know which products or services they might be interested in. Having this as a basis enables us to provide an individual offering, customised for them, including all features and services, from a single source,” Nota continued.





Digital aftersales upgrades will substantially contribute to highly profitable optional equipment business in the future




The BMW Group also wants to significantly expand the range of vehicle functions available as digital aftersales upgrades. This will make it easier for customers to equip their vehicle with options that meet their wishes and individual mobility needs.



Customers will also be able to activate additional features, such as driver assistance systems, selected light and sound packages, or even suspension set-up. These features are also offered for a limited time – benefiting customers who lease or rent their vehicle and only drive it for a certain period.



The company expects the proportion of vehicle functions available as digital aftersales upgrades to account for a significant percentage of its highly profitable optional equipment business in the future.




Customers decide how data is used




The high standards customers expect from BMW Group products and services set the benchmark for handling their data. Customers decide for themselves whether to make personal data available to the BMW Group so it can optimise their experience of the company’s products and services.



The personal BMW ID (identification number) customers use to access the entire BMW Group digital ecosystem, as well as the new My BMW and MINI apps, serve as an interface for individualised customer dialogue and already enable many new features – from using a smartphone as the car key to integration of Amazon Alexa.



New marketing agency model “THE MARCOM ENGINE” enables implementation of new marketing strategy
The new marketing agency model “THE MARCOM ENGINE” lays the foundation for a personalised and targeted customer approach at BMW and MINI in the future. The BMW Group has reorganised its marketing agency landscape in Europe for this purpose. Instead of over 80 partners operating regionally, the company will concentrate on two higher-level agencies, whose portfolios complement each other perfectly, for implementing the new marketing concept.



Customers can experience new sales and marketing approach for the first time with launch of BMW iX and BMW i4
Customers will benefit from the BMW Group’s new sales and marketing strategy for the first time with the introduction of the new BMW iX and BMW i4. BMW and MINI customers will be able to take advantage of a steadily expanding range of additional vehicle functions available as digital aftersales upgrades, as well as a seamless and especially customer-centric configuration process with personalised options.



Customers value premium service for maintenance and repairs The BMW Group is also working with its retail partners to further optimise the service and maintenance offering for customer vehicles. An average of about 15 million customers a year rely for service on no fewer than 3,527 BMW and 1,650 MINI retail partners worldwide, underlining the importance of this offering.



To step up its e-mobility ramp-up, the company has already trained more than 2,000 staff at its German retail outlets in the safe use of high-voltage systems through special vocational training and further education programmes.



The company will continue to expand its product offering: for example, through remote diagnostics. If the vehicle indicates an error message in the vehicle display, the customer will be able to call their BMW partner directly from the vehicle. If the customer agrees, vehicle data is then transmitted over-the-air and the service employee can perform remote diagnostics. If the car needs to be brought into the workshop, a service appointment can easily be arranged at a convenient time.




No premium without sustainability – also for sales and marketing



The BMW Group’s belief that there can be “no premium without sustainability” also applies to sales and marketing. The company already helps customers make appropriate, sustainable decisions about products and drive trains today. This contributes to the strong sales of electrified vehicles, which resulted in the BMW Group being able to overfulfill the EU’s CO2 targets in 2020.




The BMW Group is also training employees and retail partners to become ambassadors for its sustainability ambitions. In addition, the sales organisation is promoting topics such as recycling and use of secondary material.




- BMW also photos

Permanent-URL: http://www.automobilsport.com/sales-marketing-strategy-bmw-group-optimistic-2021-q4-sales---218355.html

16.01.2021 / MaP

More News

Grey retains top spot as UK’s most popular new car colour
16.01.2021
      For the third year in a row, grey remains the UK’s favourite new car colour, followed by black and white.    Yellow increases its market share by 50% but red suffers its worst year since 1997.  more >>
Ford’s Windscreen Weather Station Clears View Ahead for Kuga Drivers
16.01.2021
New sensor system automatically keeps the interior of the windscreen mist-freeDrivers of the new Ford Kuga avoid one consequence of physical exertion before getting into cars – the inside of the windscreen misting up. more >>
The driving force behind the Bentley Flying Spur V8: Engine facts and figures
16.01.2021
    4.0-litre, twin-turbocharged V8 develops 135+ bhp per litre       Twin-scroll turbochargers mounted centrally in the V provide rapid response and maximum torque of 770 Nm, available from 2000 rpm more >>
Mitsubishi ambassador shares after-holiday cleaning tips
15.01.2021
•    Back home safely, but what now?•    Vehicle cleaning – the basics•    Focus on all the nooks and crannies, and then some!Mitsubishi more >>
Alpine at the forefront of Groupe Renault's innovation with exclusive sportscar
14.01.2021
   Alpine cars, Renault Sport Cars (RSC) and Renault Sport Racing (RSR) join forces under the Alpine flagship     The new Alpine entity will combine high-tech excellence and passion for racing to develop high-performance, authentic and exclusive sportscars   more >>
2021 Honda Ridgeline Arriving Next Month Ready to Rumble with Rugged New Look
14.01.2021
    Redesigned Ridgeline coming to Honda dealerships starting Feb. 2    Bold exterior design reflects Ridgeline’s exceptionally rugged capabilities    Fully boxed truss-style floor f more >>
Hyundai teases first image of IONIQ 5
14.01.2021
  Image previews fundamental shift in BEV design approach    IONIQ 5 features signature ‘Parametric Pixels’ and eco-friendly elements to offer distinctive design experience    Hyundai’s dedicated BEV lineup brand provides all-new enhanced customer experiences through advanced mobility solutions more >>
Karma Automotive Announces New Dealer Partner in Nashville, Tennessee
13.01.2021
Karma Automotive today announced the opening of its latest addition to its dealer network: Velocity Motorcars in Nashville, Tennessee.Velocity Motorcars serves the greater Nashville metropolitan area, and its opening supports Karma’s continuing expansio more >>
Porsche Boxster 25 Years - New limited-edition anniversary model
13.01.2021
Porsche pays homage to the 1993 Boxster concept carPorsche is celebrating the 25th birthday of its roadster family with a special anniversary model: the Boxster 25 Years. The limited edition is restricted to 1,250 units worldwide and is based on the GTS 4.0 model, w more >>
Groupe Renault and Plug Power join forces to become leader in hydrogen LCV
12.01.2021
    Memorandum Of Understanding (MOU) signed to launch a 50-50 joint-venture (JV) based in France by the end of the first half of 2021, targeting over 30% share of the fuel cell-powered light commercial vehicle (LCV) market in Europe.     Joint-venture will establish in France state-of-the-art innovation and manufacturing capabilitie more >>
All−New Ford F−150 and Mustang Mach−E Earn North American Truck and Utility of the Year
12.01.2021
    All-new, all-electric Mustang Mach-E and the all-new Ford F-150 are named 2021 North American Utility and Truck of the Year by a 50-member independent jury of print and broadcast journalists from the U.S. and Canada    The winning vehicles are benchmarks in their segments based on factors including innovation, design, safety, han more >>
Lexus celebrates the 10 years anniversary of the LFA
12.01.2021
Ten years have passed since the start of production of the LFA, an authentic supercar that revealed a new aspect of Lexus as a committed and visionary manufacturer of world-class high-performance cars.For all its exclusivity and rarity – from the outs more >>
Subaru SA to introduce more powerful 2021 Forester line-up
11.01.2021
•    More powerful 2.5-litre Boxer® engine added•    New Sport trim adds distinctive stylingSlated for local launch in March 2021, Subaru Southern Africa will introduce the MY2021 Subaru Forester wit more >>
New initiative - German Automotive Industry intensifies links to Africa
11.01.2021
The German automotive industry sees potential in Africa and strengthens its ties to the continent. The German Association of the Automotive Industry (VDA) joined hands with the African Association of Automotive Manufacturers (AAAM) as part of the “PartnerAfrica” project of the German Federal Ministry for Economic Cooperation and Development (BMZ). &nb more >>
Groupe Renault announces appointment within Alpine
11.01.2021
Groupe Renault announces the appointment of Laurent Rossi, Director of Strategy and Business Development of Groupe Renault, as Chief Executive Officer of the Alpine brand, effective January 11, 2021. Laurent Rossi will take charge of Alpine Cars, Sport, F1 and more >>
10 car accessories to keep you going in the cold
11.01.2021
10 car accessories to keep you going in the cold    Filomena is in the air in Europe and the drop in temperature has left snowfall across the continent    As this winter is expect more >>
New Skoda Auto SUV for the Indian market is named Kushaq
09.01.2021
› The spelling with “K” and “Q” conforms to the ŠKODA KODIAQ, KAROQ and KAMIQ SUV nomenclature› “Kushak” means king or emperor in the ancient Indian language of Sanskrit› World premiere of the first production model based on the MQB-A0-IN platform specifically developed for the Indian mar more >>
Bentley introduces Digital Commissioning Experience
08.01.2021
    Personalised online experience launched to allow owners to continue to tailor cars to their own tastes    Up to 10 billion possible product configurations per model - Using the Bentley configurator ensures an i more >>
The African Association of Automotive Manufacturers (AAAM) applauds the launch of the AfCFTA
07.01.2021
The Africa Continental Free Trade Agreement (AfCFTA) which was finalised at the virtual African Union Summit in December, is an important milestone for the realization of the AAAM’s vision of building a successful automotive ecosyst more >>
Kia unveils new logo and global brand slogan to ignite its bold transformation for the future
06.01.2021
    Kia celebrates its new face and slogan, declaring the brand’s future transformation       The new logo features ‘symmetry’, ‘rhythm’ and ‘rising’ elements that embody Kia&rs more >>
Hyundai Motor Group Chairman Calls Year 2021 ‘Inflection Point for Future Growth’
04.01.2021
    Chairman Euisun Chung stresses 2021 will be year of great transformation of Hyundai Motor Group into a new growth engine    Group to purse uncompromising perfection in quality and safety    The year 2021 will be a crucial more >>
SEAT - 20 reasons to believe
28.12.2020
    SEAT shows its capacity to reinvent itself in 2020 in an atypical, unexpected year    The company celebrated its 70th anniversary with the announcement of a 5 billion euro investment plan for the period 2020-2025    SEAT will look back on 2020 as the year in which it began electrifying the range w more >>
“Timo’s Discovery”: BMW works driver Timo Glock takes on a connectivity challenge.
28.12.2020
As part of a video series, BMW works driver Timo Glock (GER) takes his viewers on a discovery tour through numerous exciting areas of activity and projects within the BMW Group. ‘Timo’s Discovery’ offers exclusive looks behind the scenes. In episode 3, Glock takes on a challenge where he learns all about the connectivity features in the latest generation. more >>
Polestar reflects on 2020 as a year of opportunity and growth
22.12.2020
    Polestar operational in ten global markets with 40 spaces now open       Polestar 2 successfully launched with extremely positive press reception and customer deliveries in all markets more >>
CALLUM creates a Christmas special with zirconia ceramic 3D printed car bauble
22.12.2020
Thousands of inkjet nozzles simultaneously jet millions of ultrafine drops to create unique Christmas tree decoration, pointing to further uses of the technology in the car   Christmas might typically be a time for long-held traditions but in 2020, more >>
Acura Now Offers Non-Certified Used-Vehicle Inventory Online
21.12.2020
    Enhanced AcuraCertified.com now features Acura used-vehicle options    Upgraded sales portal makes the Acura used-vehicle shopping experience more streamlined, especially for first-time and younger buyers entering premium segment more >>
Aston Martin announces new partnership with Semler Premium Sweden
21.12.2020
    Aston Martin to open new dealership in Stockholm in February 2021       Aston Martin’s first SUV, the DBX enters the Swedish market    Semler Premium expand Swedish more >>
Bentley sleighs the competition with “The Reindeer Eight”
20.12.2020
    World famous celebrity commissions festive edition of the new Flying Spur V8 from Bentley Mulliner    542 bhp (550 PS) a significant upgrade for the customer, more used to 8 brp (Brake Reindeer Power)   more >>
Ford Christmas Pick-up for the Animals of ZSL Whipsnade
20.12.2020
Christmas has come early for the animals at ZSL Whipsnade Zoo, which has taken delivery of two Ford Ranger Raptors.The tiger-liveried Raptors are being put to good use across the UK’s largest zoo, tasked with feeding some of its 3,500 animals, many of which are Endangered or more >>
BMW launches company car driver loyalty scheme pilot.
20.12.2020
• BMW launches UK’s first corporate customer loyalty scheme: Inside Edge • Designed to improve BMW driver’s life on the go and at home • Full programme will launch in Q1 2021 and will be open to anyone who drives a BMW through their employer. more >>
Polaris proud to support The Grand Tour
20.12.2020
Amazon Prime Video’s The Grand Tour, hosted by Jeremy Clarkson, Richard Hammond and James May, is one of the most popular motoring TV shows worldwide. Broadcasted throughout more than 240 territories worldwide, this series of specials sees the team take on expeditions across some of the most remote and exotic parts of the world. more >>
Porsche Driving thoughts: increasing inclusivity in motorsport
20.12.2020
Porsche ‘Driving thoughts’ series, racing driver Nathalie McGloin explains why disability shouldn’t be an obstacle to hitting the track – and how she is breaking down the barriersIn a handful of years Nathalie McGloin has risen from trackday enthusiast to one of the most influential figures in contemporary motorsport. Her story is more >>
Ford Wildlife Foundation Sponsors EWT Team in 2020 Rhino Peak Challenge
18.12.2020
•    Ford Wildlife Foundation contributed R66 000 to the Endangered Wildlife Trust (EWT) team’s Rhino Peak Challenge fundraising campaign•    Three teams of 12 participants each ascended the 3 000m high Rhino Peak in the Southern Drakensberg in extreme weather to raise funds for projects related to rhino, vulture and crane more >>
Lincoln Expands Sleek, Monochromatic-Inspired Package to 2021 Navigator Black Label Edition
18.12.2020
    The Lincoln Motor Company offers a new way for clients to personalize their vehicle with the first Black Label Special Edition Package, debuting on the 2021 Navigator    The Black Label package includes unique details suc more >>
SEAT: Despite everything, the year when we kept moving
17.12.2020
    2020, a year that will go down in history and in which the 15,000 employees of SEAT have given their best    The arrival of the new Leon e-HYBRID, the CUPRA Formentor and the inauguration of CASA SEAT are examples of inte more >>
Hyundai Motor Group Renews Its Website to Introduce Future Technology Leadership
17.12.2020
    Hyundai Motor Group Tech’ website enables customers to explore the Group’s future technology and gain insights about its vision for the future of mobility    Site contents include key technologies such as Mobility Device, Mobility Service, Essential Performance, Electrification, Fuel Cell, Convergence and others more >>
Porsche rolls out online car sales in Europe
17.12.2020
Vehicle purchase at any time and from anywhereMore and more Porsche fans can now make their dream of owning their sports car come true right from their sofa. After a successful start in Germany in October 2019, the online sales channel has recently been launched in eight further European countries. Customers in Spain, Portugal, Switzerland, Italy, France as we more >>
2021 Ford Trends Report Finds Consumers Resilient and Adaptive Amid the Pandemic
15.12.2020
    Ninth annual Looking Further with Ford Trends Report explores how consumers are adapting to life during a pandemic. While 69% of adults globally say they feel overwhelmed by the changes taking place in the world, when asked how well they have adapted to the changes during the pandemic, 47% say it has been “easier than I imagined.” more >>
Paddy Hopkirk MBE takes delivery of new Limited Edition MINI, named in his honour
15.12.2020
Northern Irish rally driver Patrick ‘Paddy’ Hopkirk MBE is among the first of just 100 customers in the UK to receive the MINI Paddy Hopkirk Limited Edition, named in his honour to commemorate his triumph at the 1964 Monte Carlo Rally in the classic Morris Mini Cooper S Mk1.  more >>
2001-2023 copyright automobilsport.com