Hello, I’m
Jim Glover, That Branding Guy, for Once
a Day Marketing™. Today we are looking
at Tesla Motors and how the company is reinventing the car buying experience.
There is
already a lot of buzz about what Tesla is doing to take on the traditional
automobile industry with its premium electric vehicles. They understand the importance of being unique
in the market and offering a compelling product to their customers.
They also
understand all aspects of the 7Ps of Marketing, especially Place and Process,
and are dramatically changing how we are able to find and purchase their cars.
Tesla
enables car buyers to evaluate their electric vehicles in malls across America,
with their "galleries" perhaps next to Macy's or the Gap. You stroll in, get a chance to see the model,
and have your questions answered about what makes a Tesla unique.
It's
interesting to note that you can't buy the car at this location. You have to go online to schedule a test drive
or order the vehicle. Tesla is upsetting
the place and process of the traditional automobile buying experience and
customers are responding favorably to this approach.
Major auto
dealers are up in arms, leading the charge to stop this new paradigm. Laws are surfacing in many states to prevent
Tesla’s innovative sales approach. Rather
than embracing the change, the industry is fighting to prevent it.
What if
horse owners back in the early 1900's prevented Ford's Model T and the assembly
line process. Or the pony express
prevented the launch of the telegraph. Believe
it or not, the dairy industry tried to prevent the introduction of margarine
into the USA by establishing the "anti-margarine laws."
I predict
that Tesla's process will prevail and become part of the car-buying norm. Innovation is America's middle name and I
don't see that changing anytime soon. The
lesson for your brand, innovate and disrupt whenever possible. Lead don't follow. And if your competition happens to be taking
the lead through innovation, jump on board and make it better.
Remember
it's all about what good for your customers, not what's good for you.
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