The Marketing Plan For Fiat Chrysler And Launching Of The...

Analysis of Product Introduction The market introduction project of a new product is as important as its design project. When a company is budgeting for a new product project, it is fundamental to include the marketing expenses in the initial budget, thus, the company will not have future surprises. Dr. Levoy, in his article, The difference between efficiency and effectiveness, he explains that it may be a waste of time if a company has an entirely efficient manufacturing process, however, at the end is not effective, or does not achieve its objective, such as bringing more clients or selling a new product, (Levoy, B., 2011). This is the importance of a marketing project, the marketing professionals can sell ideas, products, services, anything that is marketable, and if a company is launching a product I believe that the goal is to reach the customers. Therefore, to understand well our plan for Fiat Chrysler and the launching of the new Jeep Wrangler Pickup Truck, we design the following schema to explain the plan details: 1. A fast explanation of the actual market and some challenges; 2. Explanation of the nature of the new product to be launched and its industry; 3. The marketing project to introduce the new product to the customers; 4. Explanation of how we will use the Total Quality Management - TQM tools to measure and control the marketing plan execution; 5. How FCA already applies TQM philosophy to achieve client satisfaction and how we can expand the use of TQMShow MoreRelatedRisk And Financial Impact And Draft Of Management Strategies2423 Words   |  10 Pageswill be recovered only with the sales of the cars, (Fiat Chrysler Automobiles - Base Prospectus, 2016, p. 18). In this research paper we will explore: 1. The risks that Fiat Chrysler Automobiles takes; 2. How FCA changed their opportunities managing the main risks; 3. Developing market strategies to increase sales; 4. Using TQM to delineate the market strategies. In the following paragraphs, we will go over each topic to expla in the main risks of a new car project and how to use the Total Quality Management