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Lexus: An auto leader.

The Wall Street Journal: Lexus as a brand is well
on its way to being associated with the biggest names in luxury.
Imagine “Louis Vuitton, Prada, Gucci and Lexus all mentioned
in the same breath,” says Brian Bolain, a Lexus marketing
manager.
Marketing, the lifeblood of a luxury brand, isn’t a traditional
strength for Lexus, which is known more for reliability and customer
service. History shows it can be very difficult to change consumer
perceptions of a car brand. And luxury buyers, usually older, could
be even more stubborn, as they are often highly loyal to the kinds
of cars they’ve previously owned.
Lexus started its new push in 2005 when it assembled the super-affluent
team—nine Lexus employees from various departments including
marketing and finance. The team interviewed car buyers who had at
least $5 million in assets (excluding their primary residence) and
who had previously owned a few luxury vehicles. More than half of
the interviewees selected were men.
For the next two years, the team crisscrossed the country, asking
100 ultra-wealthy people such questions as “Why do you live
where you live?” and “What do you do for enjoyment?”
“We asked ourselves and these people a lot of questions,”
says team leader and marketing chief Deborah Wahl Meyer.
Said another way, these guys decided to focus on what the target
customer in this market wanted and enjoyed, and then reshaped its
development process to meet those needs. While marketing may not
have been a traditional strength for Lexus, it sounds like it is
going to be. If close competitors aren’t taking notes, they
should be.
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