multilingual switching: bmw’s dilemma and market strategy

2024-09-23

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bmw once showed its strong autonomy by "exiting the price war" and tried to get rid of the troubles caused by low-price competition. however, the market reaction forced bmw to rethink its strategic direction. in 2023, the global electric vehicle market has risen rapidly, and consumers are increasingly interested in new technologies. however, bmw is still in its infancy in this field and its sales continue to decline.

audi and mercedes-benz have gained a huge market share by relying on their solid foundation in fuel vehicles and their active layout in the electric vehicle market. bmw is facing a sales dilemma and has to re-examine its pricing strategy in an attempt to find a breakthrough.

the concept of "multilingual switching" is widely used in various fields, especially in the internet era. it means that the user interface or application automatically switches to the language used in the country or region according to the user's choice. in the automotive industry, bmw's "multilingual switching" strategy also reflects this concept.

bmw's sales volume has fallen to a historic low, which has aroused the market's attention to its strategic adjustment. bmw has to re-examine its product positioning and competitive strategy. in order to cope with the changes in market demand, bmw has gradually returned to the price war to try to attract more consumers, but at the same time, it is also working hard to explore more effective solutions.

bmw’s predicament reflects the challenges facing the automotive industry: how to maintain brand value and achieve sustained growth in a highly competitive market environment?

in the future, bmw needs to further explore the following directions:

bmw's predicament also provides a reference for other car brands:

ultimately, bmw needs to find a strategy that suits it to stand out in the fierce market competition.