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MBS Marketing

Essay specific features

 

Issue:

Business

 

Written by:

Carlo C

 

Date added:

October 9, 2014

 

Level:

University

 

Grade:

B

 

No of pages / words:

6 / 1513

 

Was viewed:

10027 times

 

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Essay content:

In order to enter each of these markets Renault had to produce a car that would meet the needs of the consumers whose main concern was price, reliability and durability. This resulted in the production of the Renault Logan. The market industry in which Logan entered was the low cost/passenger automobile market...
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Renault segmented its market for the new Logan automobile geographically, focusing on emerging markets and capitalizing on the opportunity of high growth in the middle-class markets internationally. For example the ownership of cars in Turkey is 70 per thousand. Currently the Logan has entered the following emerging markets Romania, Croatia, Slovakia, Hungary, the Czech Republic Serbia, Macedonia, Turkey, Poland, Slovenia, Bosnia, Bulgaria, Moldova, the Baltic regions and Algeria...
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