Marketing a two-seater sports car on a shoestring budget

Marketing a two-seater sports car on a shoestring budget

Author
Discussion

Mattt

16,661 posts

219 months

Wednesday 14th January 2009
quotequote all
Give it away as a competition prize. Text in, and subscribe at a low weekly fee. Then, for a laugh, don't give the car away at the end.

Or has that been done before?

Podie

46,630 posts

276 months

Wednesday 14th January 2009
quotequote all
Mattt said:
Give it away as a competition prize. Text in, and subscribe at a low weekly fee. Then, for a laugh, don't give the car away at the end.

Or has that been done before?
rofl

New keyboard please...

Rico

7,916 posts

256 months

Wednesday 14th January 2009
quotequote all
rofl

Seriously... do it the McLaren F1 way. Build the car, make it work, make it impress... then invite journalists over to do the work for you.

It's a bit boring hearing about all these sportscars that are the next big thing... then nothing materialises.

A.Wang

Original Poster:

541 posts

198 months

Wednesday 14th January 2009
quotequote all
I should've given a bit more background. The car was originally conceived as a low-volume kit car - it will still be available to buy in kit form. The versions I am talking about are the turn-key solution that may be offered - if we find an effective way to market it.

The McLaren F1 way is by far the most noble...and no doubt we'd go down that route if we are McLaren Automotive. Sadly, we're not and don't have the financial muscle or the R&D budget to do anything close to that.

What we do have is a well-sorted chassis, with the suspension set-up done by guys with Formula 3 and other single-seater experience. The body design is fresh, modern and by all accounts very pretty. We are planning on testing a few ideas out in the wind tunnel to make sure it's more than just a pretty face.

The whole car has been designed from scratch to be an affordable driver's car, whilst cheap enough to be a viable kit car project if that's what people wanted. Obviously I think the car will sell as a turn-key low volume production car, but I don't know where to begin with marketing it!

Podie

46,630 posts

276 months

Wednesday 14th January 2009
quotequote all
OK, let's take the FBS Census. Corking chassis and the car handled like it was on rails. However, it was so ugly it's mother couldn't love it.

If it's kit based, but a turn-key solution it needs to be keenly priced with decent backup and upgrade options.

If it's going to be £20k+ forget it, wrong car for the current climate. It needs to be cheap, quick, good looking and easy to get more grunt from... and more fun and just as reliable as a second hand MX5 or Elise.


Edited for speeeeeling

Edited by Podie on Wednesday 14th January 17:00

Wollcage

481 posts

212 months

Wednesday 14th January 2009
quotequote all
Drop me a line. I'm setting something up in this exact area.

edit for direct email rather than going through ph.

Edited by Wollcage on Wednesday 14th January 17:32


Edited by Wollcage on Wednesday 14th January 19:50

odyssey2200

18,650 posts

210 months

Wednesday 14th January 2009
quotequote all
Tell us more about the product and spec etc and I would have a better clue.

A pic or a link to what we are talking about might be useful.

If its a minger, you would not market it on its looks would you?

Mattt

16,661 posts

219 months

Wednesday 14th January 2009
quotequote all
Not really marketing, but a pricing issue.

I know for me at least, I take more interest in a product with a low initial cost for a crap version - and then enjoy adding bits and pieces as options - rather than having an expensive product from day one.

Although, if only one version was offered, you'd reduce costs and could sell for less. Swings & roundabouts I guess.

A.Wang

Original Poster:

541 posts

198 months

Wednesday 14th January 2009
quotequote all
Here's one photo of the car...you may have seen in on another PH thread before:



The above is actually a quarter-scale model of the real car, all proportionally correct, of course.

The pricing model I have in mind - and I am happy to hear people's views - is exactly what Mattt said...low "base-line" price but with a Merc/BMW/Audi-style add-on/options list (I had great fun with Audi's options list...ended up spending an extra £5k).

Edited by A.Wang on Wednesday 14th January 20:16

Fer

7,712 posts

281 months

Wednesday 14th January 2009
quotequote all
A.Wang said:
(I had great fun with Audi's options list...ended up spending an extra £5k).
Did you go for the full stylist package? biggrin

UpTheIron

3,999 posts

269 months

Wednesday 14th January 2009
quotequote all
A.Wang said:
Here's one photo of the car
That's not a photo is it?

Sorry to be negative but:

- it's ugly (IMHO)
- it's an ugly Elise, so I'll buy mainstream at the same price thanks
- if I want a TT, I'll buy one instead, because it will have the quality/reliability/image/badge

Unless your car is stupendously fast or corners on rails you don't stand a chance. Especially if you don't have professional marketing.

odyssey2200

18,650 posts

210 months

Wednesday 14th January 2009
quotequote all
What is the products USP?

Audi, Alfa, Mazda, BMW, Honda, MG, PGO, Mercedes, Lotus...... have similar, more established products at similar prices.


Why should I buy yours?

What does it offer that none of the rest do for similar cash with a safer residual?

BOR

4,718 posts

256 months

Thursday 15th January 2009
quotequote all
You need to try some guerilla marketing:

1.Send a press-release to various car forums announcing that on the one night your alarms were not switched on, you had a break in and the car was stolen.

2.Send a press-release that the car has been spotted, but the police haven't got anything fast enough to catch it....

3.Send a press-release explaining that you paid over a ransome, and retrieved the car from a lock-up in Coventry.

4.Send another press release saying you're now accepting orders.

There, that should do it. (Car looks quite nice in the picture)

Mattt

16,661 posts

219 months

Thursday 15th January 2009
quotequote all
Of, put loads of people with masks on at various events around the country!!

JustinP1

13,330 posts

231 months

Thursday 15th January 2009
quotequote all
BOR said:
You need to try some guerilla marketing:

1.Send a press-release to various car forums announcing that on the one night your alarms were not switched on, you had a break in and the car was stolen.

2.Send a press-release that the car has been spotted, but the police haven't got anything fast enough to catch it....

3.Send a press-release explaining that you paid over a ransome, and retrieved the car from a lock-up in Coventry.

4.Send another press release saying you're now accepting orders.

There, that should do it. (Car looks quite nice in the picture)
Has that not been done before?

One of the two cars stolen ended up being left in a hedge!?

Edited by JustinP1 on Thursday 15th January 10:22

A.Wang

Original Poster:

541 posts

198 months

Thursday 15th January 2009
quotequote all
Sounds like a good idea! biggrin

The photo above isn't of the prototype - that is still under development - the photo is one of the detailed quarter-scale model.

Scockers

217 posts

225 months

Thursday 15th January 2009
quotequote all
odyssey2200 said:
Audi, Alfa, Mazda, BMW, Honda, MG, PGO, Mercedes, Lotus...... have similar, more established products at similar prices.
WTF is PGO and how is it as established as Lotus, Honda et al?

Edited by Scockers on Thursday 15th January 10:47

Mon Ami Mate

6,589 posts

269 months

Thursday 15th January 2009
quotequote all
PR, PR, PR and PR. PR doesn't cost a lot and it is by far the most effective way of raising awareness of a consumer product. Yes, I am a PR consultant. My campaign for Tygan Motor Company was done on a shoestring and I got them extensive coverage in, amongst others, the Telegraph motoring section, Octane, Classic and Sports Car and, erm, Pistonheads. I'm currently doing something very similar for Revington TR, with good success.

www.pistonheads.com/doc.asp?c=47&i=17671

www.telegraph.co.uk/motoring/2753471/Tygan-356-Spe...




Edited by Mon Ami Mate on Thursday 15th January 11:03

JustinP1

13,330 posts

231 months

Thursday 15th January 2009
quotequote all
Mon Ami Mate said:
PR, PR, PR and PR. PR doesn't cost a lot and it is by far the most effective way of raising awareness of a consumer product. Yes, I am a PR consultant...
That some great PR for you there!

Podie

46,630 posts

276 months

Thursday 15th January 2009
quotequote all
Mon Ami Mate said:
PR, PR, PR and PR. PR doesn't cost a lot and it is by far the most effective way of raising awareness of a consumer product. Yes, I am a PR consultant...
A quality product, pitched at the right market at the right time helps though.

A sportscar pitched (price wise) at established marques with solid market share, with little or no pedigree, launched during a global recession sounds like a challenge.