c. benefit positioning.
d. competitive positioning.
As a segment, variety seekers tend to
a. offer the smallest opportunity for a firm seeking regular buyers.
b. buy brands based on sales, discount coupons, or other incentives.
c. fall into certain predictable demographic patterns.
d. be unusually enthusiastic and often excessive in their purchasing activities.
In 2007, Michigan-based Ford Motor Company fell from second to third in U.S. annual
vehicle sales for the first time in 56 years. Facing stiff competition from foreign
automakers and brand indifference amongst U.S. consumers, Ford appeared to be
headed towards turbulent times. However, when marketing and advertising guru Jim
Farley joined Ford in November 2007, he brought a number of fresh ideas that helped
turn the company in the right direction. Farley quickly found that Americans had
become indifferent to the Ford brand, which in his opinion, was worse than disliking the
brand. So Farley, along with the rest of the marketing team at Ford, created a campaign
that used catchy songs and cheerful images to accompany its line of automobiles. The
marketing team at Ford is now heavily utilizing the Internet to promote the new Ford
Fiesta, which is the focus of a campaign that has greatly increased the awareness of the
Ford Brand. The company has also been stressing the value of buying environmentally
friendly cars, a move it hopes will improve the brand’s image throughout the world. So
far, the moves appear to be working-in late 2010, Ford was once again named the
second leading automotive company in the United States, as well as fourth largest in the
world.