Welcome | View My Profile | Sign Out
MediaPost Home About MediaPost Privacy/Terms Media Kit Sitemap
Publications Home News
Online Media Daily Media Daily News Marketing Daily Mobile Marketing Daily Search Marketing Daily
Daily Feed> Email Daily Feed> Video Daily Feed> Social
Online Blogs
Online Spin Email Insider Search Insider Behavioral Insider Online Publishing Insider Mobile Insider Video Insider Gaming Insider Performance Insider Metrics Insider Social Media Insider Just An Online Minute Daily Online Examiner Raw Blog
Media Blogs
Research Brief Diane Mermigas:On Media TV Watch TV Board Magazine Rack Media Creativity Notes From the Digital Frontier Digital Outsider Mad Blog Red White and Blog
Marketing Blogs
Engage:Hispanics Engage:Kids 6-11 Engage:Moms Engage:Boomers Engage:Gen Y Engage:Teens Marketing:Green Marketing:Sports
Magazines
OMMA Magazine Media Magazine
Subscribe
Feedback Loop RSS Feeds Archives Subscribe
Dec 2 Search Insider Summit (Utah) Dec 6 Email Insider Summit (Utah) Jan 11 OMMA Agency of the Year (NYC) Jan 12 MEDIA Agency of the Year (NYC) Jan 26 OMMA Social (San Francisco) Jan 27 OMMA Performance (SF) Feb 24 OMMA Metrics Measurement (NYC) Feb 25 OMMA Behavioral (NYC) Mar 15 OMMA Global (San Francisco) Apr 14 Search Insider Summit (FL) Apr 18 Email Insider Summit (FL)
Recently Concluded Events
Nov 3 OMMA Adnets (NYC) Oct 30 OMMA Video (LA) Oct 29 OMMA Mobile (LA) Oct 29 OMMA Mobile & Video (LA) Sep 23 Creative Media Awards (NYC) Sep 23 The Future Of Media (NYC) Sep 22 Online All Stars (NYC) Sep 21 OMMA Awards (NYC) Sep 21 MediaPost Live at Advertising Week All-Access (NYC) Sep 21 OMMA Global New York (NYC)
All MediaPost/OMMA Events Event Blogging Past Event Videos
Industry Events Calendar
2010 OMMA Agency of the Year 2010 MEDIA Agency of the Year
2009 Creative Media Awards 2009 OMMA Awards 2009 Digital Out-of-Home Awards 2009 Media Agency of the Year 2009 OMMA Agency of the Year
All Awards
Employment Situations Wanted Services Offered Post a Job
Briefs Reports Online
MediaPost Directories
Mobile Insiders Group
People Finder Edit My Profile View My Profile My Contacts My Calendar
HOME • MANAGE SUBSCRIPTIONS • MEDIA KIT
Hyundai's Marketing Veep Spells Out Brand Plan
by Karl Greenberg, Tuesday, December 30, 2008, 1:53 PM

SHARE

TOOLS

RELATED ARTICLES
TAGS:  Automotive

MOST READ

Joel Ewanick of HyundaiIf Hyundai's efforts in North America to change its raiment from bargain basement to Mayfair are to succeed, success will be measured in sales of its new Genesis nameplate.

In February, the Fountain Valley, Calif.-based Hyundai Motor America will be in the Super Bowl to both tout the Genesis coupe and buff Hyundai's brand equity. Since the sedan version of Genesis went on sale in July, the company has sold 5,127 of the cars, including 1,151 of them last month. Hyundai Motor America's VP/Marketing Joel Ewanick says Genesis, as the new Hyundai "halo car," is meant to compete with the likes of BMW and Lexus and put Hyundai on equal terms with other top-tier auto brands.

Q: What has Genesis done so far for Hyundai's brand equity?

A: Genesis has helped move the needle away from how Hyundai has been perceived. When I was doing [Hyundai brand] research five or seven years ago, the responses were polarized; we had a good group of supporters and a strong group of detractors. Now what has happened is we have seen both positive and neutral perceptions grow, and negatives decrease. So we have moved lots of negative perceptions to neutral.

Net consideration is the way we look at awareness and consideration for the Hyundai brand, and that has improved 25% this year alone.

Q: How is the Genesis doing in this economy?

A: In the past 90 days, we have sold at or near objectives for the sedan. We have a long way to go, and it will take a relentless drive, which is why the Super Bowl makes sense even in this economy. For Hyundai to be successful, we really can't let up; we have to define who we want to be.

Q: How will you do that in 2009?

A: In the first part of the year, we'll be on big stages--some of it NFL football, including the playoffs, and some with the Academy Awards, with a lot of overlap. [Such events] give us an opportunity to state our case and show that this is another Hyundai. If [consumers] aren't forced to reconsider us, they won't.

Q: Are big-event media buys effective enough by themselves?

A: There are a lot of schools of thought on this. Units in operation (UIO) is one way to get there: if people see our vehicles on the street, the more they see them, the more they get comfortable with the brand, and marketing needs to parallel that. The other school of thought is boosting marketing to propel the brand ahead of UIO. We are doing both: pushing marketing into bigger places while consumers are seeing new marketing products show up on streets.

Q: Who is buying Genesis?

A: We know that 40% of those buying Genesis have traded in vehicles like Lexus, BMW, Mercedes, and Porsche. We know what their income levels are, and we are finding that people are gravitating from luxury or near-luxury cars to Hyundai; we expect to see numbers of current Hyundai people moving over to Genesis as well. It is a very healthy launch and a commentary on today's environment that consumers see Genesis as competitive against luxury makes.

Q: So most of Genesis buyers are currently from other brands?

A: Right now, 90% of all buyers of Genesis are coming from outside Hyundai.

1 person recommends this article. 



AUTHORS

ARCHIVES

Recent Marketing Daily Articles
Study: Credit Card Mailings On The Rise    
"With recent green shoots of economic recovery, card issuers feel more confident about the future," says...
Mazda Plans To 'Zoom-Zoom' Past Electrics    
One strategy will involve focusing on solving gasoline-engines' weak points, such as low-RPM driving, where a...
Reliability As Value Isn't What It Used To Be    
Auto industry observers have predicted for years that, as automakers get closer and closer to each...
Recession Increases Affluents' Happiness Levels    
A recent Luxury Institute survey shows a rethinking, says founder/CEO Milton Pedraza. "Yes, they lost money,...
Subaru Goes Back To 'Share the Love' Well    
"If you think about the tone of the message, it was so different from everyone else's,"...
Big Apple Invites A Closer Inspection    
NYC & Company, the official marketing, tourism and partnership organization of the City of New York,...
Virgin Mobile Ads Rely On 'Chatty Cathys'    
The camera focuses on a young man sitting in a woman's boutique as his presumed girlfriend...
Chase Launches Giveaway Via Facebook    
The Chase Community Giving Facebook application encourages Facebook users to choose from more than 500,000 small...
Let's Eat: 5 Chains Target Nontraditional Retail    
The joint strategic development initiative will enable the chains to bundle and leverage their brands and...
Diamond Crystal Campaign Is Downright Salty    
"Many consumers assume that all salts are the same," Grete Lavrenz, a representative of Cargill, tells...
>> Marketing Daily Archives 
ABOUT MEDIAPOST • MASTHEAD • MEDIA KIT • RSS FEEDS • PRIVACY/TERMS & CONDITIONS
©2009 MediaPost Communications. All rights reserved.
1140 Broadway, 4th Floor, New York, NY 10001
tel. 212-204-2000, fax 212-204-2038, feedback@mediapost.com