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Digital Marketing Strategy of Porsche AG

Titel: Digital Marketing Strategy of Porsche AG

Hausarbeit , 2021 , 22 Seiten , Note: 93/100 Punkte

Autor:in: Jakob Maas (Autor:in)

BWL - Offline-Marketing und Online-Marketing
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Zusammenfassung Leseprobe Details

This paper provides an analysis of the current situation of Porsche within the market and on social media.

Porsche needs to develop their social media to the next level for appealing to a new generation with different expectations. Forecasts have predicted a fourfold growth by 2050 in the car industry. With the development of Porsche's digital marketing strategy, in addition to supporting the achievement of the company's overall goal, the target audience will be attracted. With multichannel marketing and channel integration, leverage effects can be created, and the defined marketing objective can be achieved. Special attention is given to social media in this paper, with specific strategies for Instagram and YouTube. On these two platforms, Porsche’s target audience overlaps with the user groups.

Leseprobe


Table of Contents

1.- Describing the Company

1.1.- The Company

1.2.- Company webpage

1.3.- Current business and main revenue model

1.4.- Unique selling points off goods/services

2.- Describing the Market

2.1.- Overview of the industry

2.2.- Degree of market digitalisation

2.3.- Current and potential customers

2.4.- Current and potential competitors

2.5.- Company market position

3.- Describing Current Digital Marketing Activities

3.1.- Current website usage

3.2.- Current website, strengths and weaknesses

3.3.- Current sociala media platform usage

3.4.- Current digital media and online advertising channels

3.5.- Current multichannel marketing

4.- Key questions for a social media strategy

4.1.- Target audience and target audience content of preference

4.2.- Groundswell objectives for social network presences

4.3.- Platforms to be used and content priority

4.4.- Integration of social channels with other communications channels

4.5.- Content frequency and editorial calendar

4.6.- Software for managing publishing processes

4.7.- Tracking business impact

Project Objective and Core Themes

This paper provides a comprehensive analysis of Porsche’s market position and evaluates its current digital marketing activities, with the ultimate goal of developing a strategic framework to engage a new generation of buyers through social media.

  • Industry analysis of the automotive market and digitalization trends.
  • Evaluation of Porsche's current digital presence and social media footprint.
  • Segmentation of the target audience using the social technographics ladder.
  • Strategic recommendations for platform prioritization (Instagram & YouTube) and content management.
  • Implementation of Key Performance Indicators (KPIs) to measure engagement and brand awareness.

Excerpt from the Book

4.2.- Groundswell objectives for social network presences

Listening, talking, energizing, supporting, and embracing are building the main objectives companies can choose from (Li and Bernoff, 2019, p.91). Knowing that only a small percentage of its followers will own a Porsche, Porsche is in an interesting position to choose a target. Porsche have decided to achieve a high level of reach and brand awareness with their social media channels. In addition, an important key-performance-indicator (KPI) is the level of engagement per post for Porsche (Thosteinsson, 2016). KPIs can support to achieve the listening objective. Nevertheless, a new generation of buyers with different expectations is becoming more important for the car industry (Brandtner/Freudenthaler-Mayrhofer, 2020). For Porsche to better understand this customer group it is essential, to develop their brand image. While Porsche is constantly creating and providing content for its community, they should track and monitor the performance of each post it publishes and their social media channels overall. After analyzing performance based on the KPIs, they can determine which content is generating the most value and engagement. The knowledge gained from this grows and should be used for further content decisions.

In addition to listening, Porsche should use the talking objective. This goal goes hand in hand with listening. In addition to short videos and images on social media, a YouTube series (Road to Le Mans) was launched in which people can follow Porsche driver Michael Fassbender. With each episode, they generate millions of views. The returning viewers confirm the high quality of the content. Besides creating conversations through high quality content on social media, Porsche has different clubs where different events are organised. For example, the Porsche Sweden Club, has over 6,500 members and organizes around 200 activities each year. Therefore, besides a unique online experience, Porsche offers an offline experience that fullfils the talking objective.

Summary of Chapters

1.- Describing the Company: Provides an overview of Porsche’s corporate history, business model, and unique selling points, emphasizing its brand architecture and status as an innovative manufacturer.

2.- Describing the Market: Analyzes the automotive industry landscape, the impact of digitalization and industry 4.0, and identifies Porsche’s specific niche market position against its main competitors.

3.- Describing Current Digital Marketing Activities: Details Porsche's existing digital infrastructure, including website usage, social media platform engagement, and current multichannel advertising strategies.

4.- Key questions for a social media strategy: Formulates a strategic approach for Porsche by applying the social technographics ladder, defining specific objectives, integrating social channels, and selecting appropriate management software and KPIs.

Keywords

Porsche, Digital Marketing, Social Media Strategy, Automotive Industry, Groundswell, Customer Engagement, Content Marketing, Instagram, YouTube, Brand Awareness, KPI, Channel Integration, Social Technographics, Digitalization, Luxury Marketing.

Frequently Asked Questions

What is the primary focus of this project?

The paper focuses on analyzing the current market situation and social media performance of Porsche AG to create a targeted digital marketing strategy for attracting a new, younger generation of automotive consumers.

What are the central themes discussed in this study?

Key themes include the digitalization of the automotive industry, the segmentation of customer profiles using the social technographics ladder, the integration of online and offline marketing channels, and the strategic use of content frequency and editorial planning.

What is the main objective of Porsche's proposed social media strategy?

The primary goal is to increase brand awareness and engagement levels among a new target audience, leveraging social media to build long-term loyalty rather than focusing on direct online sales.

Which scientific method is used for the analysis?

The author employs a structured industry and market analysis, utilizes the social technographics ladder for customer segmentation, and applies content marketing frameworks and digital analytics to derive strategic recommendations.

What does the main part of the report cover?

The main part encompasses the company and market analysis, an evaluation of Porsche’s existing digital marketing efforts, and detailed planning for future social media engagement, including platform-specific tactics and KPI tracking.

Which keywords characterize this work?

The work is defined by terms such as digital marketing strategy, customer engagement, automotive industry digitalization, social media objectives, and brand awareness.

Why are Instagram and YouTube considered the most critical platforms for Porsche?

The author identifies that these platforms offer the best overlap with Porsche's target demographic, support high-quality visual storytelling, and enable meaningful engagement through dialogues, user-generated content, and influencer collaborations.

How should Porsche manage its publishing and listening processes?

The report recommends using a Content Management System (CMS) like WordPress for website management and the tool Hootsuite™ for social media listening, monitoring brand mentions, and identifying industry trends in real-time.

Why is the "talking" objective prioritized alongside the "listening" objective?

While listening helps Porsche understand customer expectations and trends, the "talking" objective ensures that the brand actively creates high-quality, engaging content that reinforces its exclusive market image and fosters interactive customer relationships.

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Details

Titel
Digital Marketing Strategy of Porsche AG
Hochschule
Linneaus University  (University)
Veranstaltung
Kurs
Note
93/100 Punkte
Autor
Jakob Maas (Autor:in)
Erscheinungsjahr
2021
Seiten
22
Katalognummer
V1169325
ISBN (PDF)
9783346582638
ISBN (Buch)
9783346582645
Sprache
Englisch
Schlagworte
Porsche Digital Marketing strategy USP market position target audience
Produktsicherheit
GRIN Publishing GmbH
Arbeit zitieren
Jakob Maas (Autor:in), 2021, Digital Marketing Strategy of Porsche AG, München, GRIN Verlag, https://www.grin.com/document/1169325
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