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NISSAN AND HISPANIC MILLENIAL MARKET

Nissan presentation

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  • 1. NISSAN ANDHISPANIC MILLENIALMARKET

2. 1 3. To understand what drives awareness and favorability for thisHispanic millennial market.What best motivates millennial Hispanic families to purchase NissanIdentify the challenges that may prevent Hispanics from buying aNissan.What do Hispanics think Nissan could change to better appeal to theirculture and gain their brand loyalty? 4. 2 METHODS 5. Methods Focus: Hispanic Millenials ages 21-28Distributed: Surveys both in English and Spanish.Ethnography: Observed local Autobahn Car dealership.Went to heavily populated Hispanic areas: like Supermercadosand Fiesta to Interview more of our demographics. We inquiredabout their feelings toward Nissan. 6. 3 ETHNOGRAPHY 7. 4 8. Nissan has to give a more specific definition of their targetmarkets and not simply state millennial, since that couldmean more than one target market.Older millennials look at Nissan as a Luxury carNissan needs to focus more on brand awareness and branddefinitionAll Hispanics care about what friends and family membersthink of their decisions. 9. Survey results:Peers Opinion 60% 50% 40% 30%Peers Opinion 20% 10% 0% Strongly Agree AgreeNeither Agree nor disagree disagree 10. Are you proud of your Hispaniccultural background?120%100%80%60% Are you proud of your Hispanic culturalbackground?40%20% 0% YesNo I dont care 11. What first comes to mind when you think of Nissan?Affordable Innovative ReliableCheapFuturistic QualityGood priceeconomic 12. So how does it all tie together? 13. To understand what drives awareness and favorability for this Hispanicmillennial market:What best motivates millennial Hispanic families to purchase Nissan:Identify the challenges that may prevent Hispanics from buying a Nissan:What do Hispanics think Nissan could change to better appeal to their cultureand gain their brand loyalty?: