Marketing Strategy and Competitive Positioning pdf ebook
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hooley graham et al marketing strategy and competitive posit
CHAPTER 3 THE CHANGING MARKET ENVIRONMENT
Japanese strategic group gave them an advantage over the European broad-range suppliers, but now the Japanese are gaining even more power by becoming local manufacturers and therefore overcoming the local content barriers. High European labour costs have meant that the European companies operate in stra- tegic groups selling high added-value luxury cars or specialist cars, the luxury cars being supplied by relatively large-scale manufacturers with moderately wide product ranges (such as the German firm Mercedes-Benz), or specialist manufacturers producing the very expen- sive, small-volume products (the British Morgan cars, for instance). The strength of the barriers surrounding the industry is reflected by recent shifts that have taken place. Although the Samurai have never successfully attacked the hard core of the Big Three, they have continued to nibble away at the weaker imports: first the Faded Champions by introducing cheap, reliable family cars; and more recently against the luxury car makers with the advent of the Lexus and other luxury offerings. Even though they are very large, the Big Three have found it difficult to defend their position by developing their own luxury cars and so have been seeking to defend their flanks against the Samurai by purchasing European manufacturers such as Jaguar, Volvo, Lamborghini, Aston Martin and Lotus. After years of the Big Three and the Samurai avoiding direct competition, the luxury car market has become the point where the two meet. Although the Samurai have not found it appropriate to purchase European companies in order to overcome entry bar- riers to those sectors (with the exception of Toyota, which has bought, and sold, Lotus), so distinct are the luxury car markets that both Honda and Toyota launched totally new ranges with new brand names and distribution systems to attack the market (the Acura and the Lexus). Download 6.59 Mb. Do'stlaringiz bilan baham: |
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