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Mercedes-Benz: $162,824 Audi: $153,746 Jaguar: $150,587 BMW: $148,992 Lexus: $141,355 We should mention the average household income of a ForbesAutos user is $187,215. Each year, AutoPacific includes a battery of questions in the New Vehicle Satisfaction Survey that allows us to determine what the psychographic profile of each brand and model. What we need to make sure is that it’s also relevant to that younger audience. Mercedes-Benz believes a Bentley owner is just as likely to own its smart fortwo two-seater urban car. The understanding of psychographics plays an important role within the luxury industry. We have a wide variety of Mercedes Benz merchandise available for every type of enthusiast. Psychographics are any attributes relating to personality, values, attitudes, interests, or lifestyles. Mercedes Benz Market Segmentation Geographic Segmentation Mercedes Benz, is most popular in the wealthy countries like, U.S.A., Canada, China, Western Europe, Russia, Germany, and Japan Mainly urban regions of … “Mercedes Benz has been iconic in the UK market for decades as a desirable luxury brand. BMW, as well as, any other business entity has to divide population into different categories according to a set of certain criteria and develop products and services that are particularly attractive to this specific group. 1st the Mercedes-Benz CLA-class/GLA/C, including the 250, 45 AMG, 300 were built with the younger driver in mind. Welcome to the Mercedes-Benz Lifestyle Collection. Mercedes-Benz is headquartered in Stuttgart, Germany. The CLA will become the entry point for the Mercedes-Benz brand when it goes on sale in September 2013 (4MATIC version in 2014), and Mercedes describes the … Mercedes-Benz is a multinational brand of the German manufacturer Daimler AG, the brand is used for luxury automobiles, buses, coaches, and trucks. Still, the true origins of the Mercedes-Benz movement started long ago, going back to Daimler’s 1901 Mercedes and to Karl Benz’s 1886 Benz Patent Motorwagen in Germany. The name first appeared in 1926 under Daimler-Benz … Mercedes Benz is targeting middle class drivers with its lower-priced, but still luxury level, CLA sedan. Since inventing the car in 1886, we've simply never stopped reinventing it. Even more than its meticulous engineering, Mercedes-Benz is defined by its continuous innovation. The name first appeared in the second decade of the XX century. The Arnage costs more than 20 times as … The results are often fascinating, or simply obvious, but confirming perceptions you might have had about a brand. What begins as a breakthrough becomes the standard for every car on the Ads featuring popular music and online activities draw in younger upper-class buyers in an attempt to create a positive emotional connection between the Mercedes Benz brand and upper-class young adults aged 25 to 40. Mercedes-Benz is a German manufacturer of automobiles, buses, coaches, and trucks. 2. Moving a car brand’s image takes a long time and rather than transforming Mercedes Benz we’re looking to sharpen the dynamic,” says George. Whether is be a hat, a mug, a shirt or anything else the Mercedes Benz Lifestyle Collection has what you're looking for. Segmentation of Mercedes Benz Definition of segmentation: Dividing a market into smaller, distinct groups which are definable, accessible, profitable and have growth potential. 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