With the aim of strengthening its strategy (of remaining a European leader), Audi launched a study to evaluate its image within a group of people. The results will be explained below. Please note that this study was conducted within the Business School of Le Havre.
To conduct this study:
• 60 % of the sample survey consisted of men and 40 % of women.
• The average age of the group pooled is 23 years old (the age group is between19 and 60 years old).
• Sample: 25
• By a survey on internet
1ST question: Do you or your parents possess an Audi?
Of those asked, 32 % are Audi owners. This figure is superior to the national average which is 15 %; it can be explained by the fact that the study was realized within the School, the profile of the students or their parents does not reflect the reality, their purchasing power being superior to the average.
Audi has always based its commercial strategy on quality and reliability of its cars, it was thus very
important to know the opinion of the respondents about the question.
In the question: What do you think about the Audi brand?
76 % of the sample think that Audi is very reliable, 24 % think that it is reliable. As we can thus notice is that nobody questions the reliability of Audi cars. This is a very good reliable proof of reliability the manufacturer.
Secondly Audi wanted to compare with its main competitors such as Mercedes and BMW.
Audi is in first place with 48 %, Mercedes is in second place with 28 % of the votes, followed very close by BMW. Mercedes has been for a long time the number 1 European car, known for its reliability. To be number 1, in this study for Audi is really a good indicator, of the image of the brand. Let us note that this figure has to be qualified in view of the small size of the sample.
The well-known German brand is the major argument which would push one person interrogated to buy Audi. To be a German brand is brand recognition, the second argument is the safety. The commercial strategy of Audi thus works very well, for the consumer the well-known German brand is a good thing and the quality of cars would make one consumer to buy an Audi car.
Advertisement:
For 56 % of the respondents thought that Audi’s commercial is interesting and 24 % think that they are the same very interesting. These figures reveal the quality of the advertisements of the brand which leave a lasting impression with the consumers. Let us note that only 20 % think that these ads are not interesting, which is little with compared toto those who think the opposite
The price
What do you think about the price of an Audi car?
72 % of the people think that an Audi car is too expensive, 24 % think that the price is accessible, and finally only 4 % that the price is a little expensive.
It thus seems that for the majority, Audi is too expensive; however, this figure maintains that 24 % think that it is accessible, which thus makes a large potential market.
Conclusion
Audi has a very solid engineering; good quality, well built and very popular
Audi is the most valued German brand
The price of Audi cars in mind of the consumer is perceived as too expensive
The advertisement of the brand leaves a lasting impression with the consumer