Marketing Electric Vehicles Catherine Hutt Society of Motor Manufacturers and Traders...
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Transcript of Marketing Electric Vehicles Catherine Hutt Society of Motor Manufacturers and Traders...
![Page 1: Marketing Electric Vehicles Catherine Hutt Society of Motor Manufacturers and Traders chutt@smmt.co.uk.](https://reader036.fdocuments.us/reader036/viewer/2022062620/551ac2835503466b6a8b4d6a/html5/thumbnails/1.jpg)
Marketing Electric Vehicles
Catherine HuttSociety of Motor Manufacturers and Traders
![Page 2: Marketing Electric Vehicles Catherine Hutt Society of Motor Manufacturers and Traders chutt@smmt.co.uk.](https://reader036.fdocuments.us/reader036/viewer/2022062620/551ac2835503466b6a8b4d6a/html5/thumbnails/2.jpg)
Marketing electric vehicles:
• Brief introduction to Catherine/ SMMT
• The learning curve
• Message 1: Stages of the learning curve
• Message 2: Benefits, not features
• Message 3: Experiential marketing
• Working together to enable the EV market
![Page 3: Marketing Electric Vehicles Catherine Hutt Society of Motor Manufacturers and Traders chutt@smmt.co.uk.](https://reader036.fdocuments.us/reader036/viewer/2022062620/551ac2835503466b6a8b4d6a/html5/thumbnails/3.jpg)
SMMT:
• Voice of the automotive industry
• Recently formed EV Group
• Six key areas for the EV Group
Our mission:
“To encourage and promote, in the UK and abroad, the
interests of the motor industry”
![Page 4: Marketing Electric Vehicles Catherine Hutt Society of Motor Manufacturers and Traders chutt@smmt.co.uk.](https://reader036.fdocuments.us/reader036/viewer/2022062620/551ac2835503466b6a8b4d6a/html5/thumbnails/4.jpg)
The learning curve:
EV basics
Operational questions
Buying criteria
Deal or no deal
Attention Interest Desire Action
![Page 5: Marketing Electric Vehicles Catherine Hutt Society of Motor Manufacturers and Traders chutt@smmt.co.uk.](https://reader036.fdocuments.us/reader036/viewer/2022062620/551ac2835503466b6a8b4d6a/html5/thumbnails/5.jpg)
Message 1:
Stages of the learning curve
A
I D A
Attention: EV basics
- What is an EV?
- Are there any on the market?
- Does an EV do what I want it to do?
![Page 6: Marketing Electric Vehicles Catherine Hutt Society of Motor Manufacturers and Traders chutt@smmt.co.uk.](https://reader036.fdocuments.us/reader036/viewer/2022062620/551ac2835503466b6a8b4d6a/html5/thumbnails/6.jpg)
A
I D A
Interest: Operational questions
- Range, speed, capacity
- Where/ how do I charge it?
- Charger installation
- Can the grid cope?
Message 1:
Stages of the learning curve
![Page 7: Marketing Electric Vehicles Catherine Hutt Society of Motor Manufacturers and Traders chutt@smmt.co.uk.](https://reader036.fdocuments.us/reader036/viewer/2022062620/551ac2835503466b6a8b4d6a/html5/thumbnails/7.jpg)
A
I D A
Desire: Buying criteria (emotional)
- Price: Additional benefits?
- Image: Is there any value added?
- What does it feel like to drive?
- Creature comforts (iPhone doc/ gadgets...)
- Warranty, running cost, servicing, RVs
- Battery recycling
Message 1:
Stages of the learning curve
![Page 8: Marketing Electric Vehicles Catherine Hutt Society of Motor Manufacturers and Traders chutt@smmt.co.uk.](https://reader036.fdocuments.us/reader036/viewer/2022062620/551ac2835503466b6a8b4d6a/html5/thumbnails/8.jpg)
A
I D A
Action: To buy or not to buy?
- All previous questions put together
Message 1:
Stages of the learning curve
![Page 9: Marketing Electric Vehicles Catherine Hutt Society of Motor Manufacturers and Traders chutt@smmt.co.uk.](https://reader036.fdocuments.us/reader036/viewer/2022062620/551ac2835503466b6a8b4d6a/html5/thumbnails/9.jpg)
Message 2:
Benefits, not features
Features(Explain)
Benefits(Win hearts and minds)
• Range• Acceleration• Seating capacity
• Quiet, smooth drive• Personal image• Gadgets/ luxuries• Low running costs• Ideal for commuting• Reduce personal
CO2
![Page 10: Marketing Electric Vehicles Catherine Hutt Society of Motor Manufacturers and Traders chutt@smmt.co.uk.](https://reader036.fdocuments.us/reader036/viewer/2022062620/551ac2835503466b6a8b4d6a/html5/thumbnails/10.jpg)
The EVs of yesterday:
![Page 11: Marketing Electric Vehicles Catherine Hutt Society of Motor Manufacturers and Traders chutt@smmt.co.uk.](https://reader036.fdocuments.us/reader036/viewer/2022062620/551ac2835503466b6a8b4d6a/html5/thumbnails/11.jpg)
The EVs we see today:
![Page 12: Marketing Electric Vehicles Catherine Hutt Society of Motor Manufacturers and Traders chutt@smmt.co.uk.](https://reader036.fdocuments.us/reader036/viewer/2022062620/551ac2835503466b6a8b4d6a/html5/thumbnails/12.jpg)
Message 3:
Experiential Marketing
• Speed up the learning curve
• Change perception: Win hearts and minds
• Don’t forget the new generation
• Look for suitable operations for the stage in the life cycle
![Page 13: Marketing Electric Vehicles Catherine Hutt Society of Motor Manufacturers and Traders chutt@smmt.co.uk.](https://reader036.fdocuments.us/reader036/viewer/2022062620/551ac2835503466b6a8b4d6a/html5/thumbnails/13.jpg)
Message 3:
Experiential Marketing
![Page 14: Marketing Electric Vehicles Catherine Hutt Society of Motor Manufacturers and Traders chutt@smmt.co.uk.](https://reader036.fdocuments.us/reader036/viewer/2022062620/551ac2835503466b6a8b4d6a/html5/thumbnails/14.jpg)
Marketing electric vehicles:
• Brief introduction to Catherine/ SMMT
• The learning curve
• Message 1: Stages of the learning curve
• Message 2: Benefits, not features
• Message 3: Experiential marketing
• Working together to enable the EV market
![Page 15: Marketing Electric Vehicles Catherine Hutt Society of Motor Manufacturers and Traders chutt@smmt.co.uk.](https://reader036.fdocuments.us/reader036/viewer/2022062620/551ac2835503466b6a8b4d6a/html5/thumbnails/15.jpg)
Cars in the UK
Cars bought in UK
2m cars bought each year
EV potential in 2010
Possible EVsNon EVs
0% of established market
but 50% potential of all journeys
Potential uptake of EVs in the UK:
![Page 16: Marketing Electric Vehicles Catherine Hutt Society of Motor Manufacturers and Traders chutt@smmt.co.uk.](https://reader036.fdocuments.us/reader036/viewer/2022062620/551ac2835503466b6a8b4d6a/html5/thumbnails/16.jpg)
Adoption rates:
EV uptake by 2025
EVsPossible EVsNon EVs
EV uptake by 2040
EVsPossible EVsNon EVs
EV possibilities in 2010
Possible EVsNon EVs
10% of established
market
= 200,000 EVs?
90% of established
market
= 1.8m Evs?
0% of established market but
50% potential of all journeys
![Page 17: Marketing Electric Vehicles Catherine Hutt Society of Motor Manufacturers and Traders chutt@smmt.co.uk.](https://reader036.fdocuments.us/reader036/viewer/2022062620/551ac2835503466b6a8b4d6a/html5/thumbnails/17.jpg)
High profile
advocates
Attention Interest Desire Action
Working together to enable the EV market:
Media coverage
Word of mouth
Incentives
Repositioning and Myth busting required!
Focus on emotional aspects
Product marketing
![Page 18: Marketing Electric Vehicles Catherine Hutt Society of Motor Manufacturers and Traders chutt@smmt.co.uk.](https://reader036.fdocuments.us/reader036/viewer/2022062620/551ac2835503466b6a8b4d6a/html5/thumbnails/18.jpg)
Final thoughts:
• The learning curve isn’t optional
• Success will depend on how quickly everyone can complete the learning curve
• Bums on seats = vehicles sold
• United we stand, divided we fall
• Thank you for listening