The automotive industry is facing a upheaval it has not experienced in the past 100 years. Electromobility is forcing the automotive industry to change, especially with regard to digitalization. Handelsblatt recently conducted an interview with VW CEO Herbert Diess on the topic of digital transformation in the automotive industry as part of Handelsblatt Innovation Week. The transformation to e-mobility, which will become very noticeable in the next 15 years, is for him the less significant issue. This technology is manageable, it can be handled at VW, Diess explained in the interview. The greater challenge for him lies in the associated digitalization.
VW wants to develop 60 percent of the software itself in four years
The topic of data processing and software plays a complex role in their own processes as cars increasingly develop into a “personal device”. Today, car manufacturers obtain the software for their vehicles predominantly from suppliers, explains Diess. Volkswagen, for example, currently has a share of about ten percent in software development. However, he expects that VW will create 60 percent of the software in the car itself in 4 years.
Digital Transformation: With Artificial Intelligence to Autonomous Driving
A very central role, the CEO predicts, will be taken by autonomous driving in the future. This will prevail and from the 2030s it will be an “new comfort element” that will be indispensable in any car. The advances in artificial intelligence will improve computing capacities so much that the large amounts of data required from image recognition and processing can be used, says Diess. Image recognition, which replaces the human eye, makes autonomous driving possible. VW will therefore also face the task of developing its own computer chips. An interesting insight into the topic of digital transformation with a focus on the connectivity of vehicles driven by car manufacturers is provided by the Connected Car Services study, which Prof. Hans-Christian Riekhof and Marc Scholz conducted for the Private University of Göttingen PFH in spring 2020. Read the study “Customer Insights: Connected Car Services in Germany” (pdf): https://www.unicconsult.com/wp-content/uploads/2020/07/PFH-Studie-Connected-Car-Services-Riekhof-Scholz-2020.pdf The photo shows the VW concept study SEDRIC – short for “Self Driving Car”. Photo: Volkswagen AG
https://www.unicconsult.com/wp-content/uploads/2021/05/VW-Sedric-Konzeptstudie.jpg394700Prof. Dr. Hans-Christian Riekhof/wp-content/themes/ucs/images/layout/logo.svgProf. Dr. Hans-Christian Riekhof2021-05-14 14:41:072025-06-14 10:08:58VW: Digital Transformation is the Big Challenge
Gunar Splanemann, Head of Global Innovation and Design, Mast-Jägermeister SE
Until the end of the nineties, the well-known herbal liqueur was consumed exclusively as a lean bitter by a target group of 55plus. Falling sales figures forced Jägermeister to take action. Since the spectacular relaunch of the brand, which also opened up new young target groups into the party and club scene, things have been going steeply uphill with the deer that adorns the logo.
In late November 2019, Professor Hans-Christian Riekhof invited Gunar Splanemann, Head of Global Innovation and Design at Jägermeister, to a workshop for marketing students at PFH Göttingen. Under the title “People drink less but better”, Splanemann, Riekhof and the students discussed the question of whether there will be a re-evaluation of alcohol consumption against the background of current societal trends. How do you deal with people drinking less, but differently and often simply better? The following interview was a direct result of the exciting discussions.
Prof. Riekhof: Jägermeister is active globally. There, consumer behavior differs considerably. How does a medium-sized company deal with this challenge?
Gunar Splanemann: Ultimately, there is no way around localizing and adapting innovation strategies for certain regions of the world. Generally speaking, Jägermeister stands for ice-cold shots and hedonistic nights in large or smaller groups. However, the rituals, contexts and taste preferences in the regions of this world are different. The maturity of a market also plays a decisive role. From our point of view, it makes no sense to introduce new Jägermeister products into a market if the core brand is not yet established. We have therefore only introduced our latest innovations Cold Brew Coffee and Scharf in relevant markets. For example, Cold Brew in the USA and UK, because the topic is established there.
Increased health awareness affects the market segments of the cult brand Jägermeister
Prof. Riekhof: You call it the “Killer Bet”: the bet on future consumer behavior. What do you expect in terms of your target group’s handling of alcohol, partying, exuberance?
Gunar Splanemann: We assume that the general changes in consumer behavior, namely a stronger differentiation of target groups, a stronger health consciousness, a pronounced ecological sensitivity and a generally more demanding consumer behavior will also have a lasting impact in our market segments.
Responsible handling of alcohol can be very well combined with the desire for moderation, exuberance, cheerfulness, living in the here and now, enjoying the moment, joie de vivre, but also with responsibility. This must and will be expressed in the Jägermeister brand.
Prof. Riekhof: You cooperate with trendy clubs in Berlin. What is the idea behind this? Is there a long-term agenda, or is it more of a trial and experimentation?
Gunar Splanemann: We have always been closely connected with nightlife and its protagonists. We get a feel for relevant currents, ideas and inspirations from this network. We have to be where our customers are. We need to know how the core target group ticks and how they party.
Together with insiders and designers, we develop concepts for the nightlife of tomorrow. The range extends from new drink recipes, ideas for new products to new service ideas around the night.
How the cult brand Jägermeister reaches new target groups
Prof. Riekhof: The Jägermeister motto is “For the best nights of your life.” What specific associations do you want to evoke with this statement, and how do you visualize this motto, what kind of imagery is called for?
Gunar Splanemann: Our brand is an integral part of nightlife. We believe that nightlife is and should remain an essential, creative free space. Our brand is a commitment to this lifestyle, in addition to the iconic and high-quality product. A lifestyle that is urban, open, tolerant and just for the special nights.
Prof. Riekhof: The classic Jägermeister product has not really changed in recent decades, but there are now a number of very remarkable line extensions. What do Jägermeister Manifest and Jägermeister Cold Brew, two of the most important new products, stand for?
Gunar Splanemann: Jägermeister Manifest clearly has a premium claim and therefore clearly distinguishes itself from the classic Jägermeister in terms of design and positioning. This allows us to reach new target groups, but we also have the chance to grow with the existing target groups, to continue to accompany them and thus to take into account a gradually changing lifestyle.
Cold Brew Coffee, on the other hand, offers the classic herbal character of Jägermeister and rounds it off with a very well harmonizing coffee and cocoa note. This creates a whole new world of experience, which is particularly relevant for the US and UK markets, as the cold-brew principle is very well established there.
Developing Jägermeister as a premium brand and thinking differently
Prof. Riekhof: One of the customer insights that could influence the future orientation of Jägermeister is the realization “Consumers drink less but better”. This results in the task of further developing Jägermeister towards a premium brand. Where do you see the most important levers to achieve this in the medium term?
Gunar Splanemann: The levers are the same ones we generally apply in marketing for positioning. Fortunately, we have a very high-quality product, a huge fan base, and an icon as a brand. This allows us to work very well and create authentic communication to meet the ongoing trend of premiumization in a relevant way.
This is helped by our product know-how, our herbal expertise, and not least the Jägermeister attitude of doing things differently than others. The additional value and the added value for our fans thus comes from a very solid basis and a unique approach. As a result, the brand grows, gains new target groups and remains – and this is particularly important to us – true to its core.
Prof. Riekhof: Many cult brands are moving towards creating something like a Mecca of the brand, a kind of pilgrimage site where people meet to experience the brand, to experience it, to deal with it. Are there similar considerations at Jägermeister?
Gunar Splanemann: Yes, there are considerations. But it would be too early to reveal more about this at this point. Just this much: it will be a great experience!
Prof. Riekhof: Thank you very much for the interview!
https://www.unicconsult.com/wp-content/uploads/2020/06/kultmarke-jaegermeister.png7811301Prof. Dr. Hans-Christian Riekhof/wp-content/themes/ucs/images/layout/logo.svgProf. Dr. Hans-Christian Riekhof2020-06-24 10:19:412025-06-14 11:36:06Cult Brand Jägermeister: “People drink less but better”
Rund um das Thema Luxuskunden mit Aspekten wie Pricing, Preisdifferenzierung und Produktdiversifikation für Luxusmarken hat das Magazin new business mit dem Pricing-Experten Professor Riekhof gesprochen. Lesen Sie hier das vollständige Interview.
Jetzt kostenlosen Zugang erhalten zu allen unseren Pricing Studien, zu unseren Pricing News und zu unseren mehr als 70 Pricing-Newslettern, mit denen Sie zum Pricing Experten werden können.
https://www.unicconsult.com/wp-content/uploads/2020/04/newsletter-no-35-2020-header.png333618Prof. Dr. Hans-Christian Riekhof/wp-content/themes/ucs/images/layout/logo.svgProf. Dr. Hans-Christian Riekhof2020-04-28 18:37:532025-06-15 18:15:14Pricing-Newsletter No. 35 (2020): The Perfect Price for Luxury
For the Hamburg magazine New Business, pricing expert Prof. Dr. Hans-Christian Riekhof has now given an interview. The topic of the detailed contribution, which can be read in the current print edition 6/2020 of the medium focused on the media and marketing communication scene, is strategic pricing in the luxury segment. Under the headline “The higher, the better? The ideal price for luxury” Prof. Riekhof explains the crucial role of price in the luxury segment and how brand managers can find the right price for their luxury items.
Dr. Hans-Christian Riekhof is Professor of International Marketing at the PFH Private University of Göttingen and Managing Partner of UNICconsult Strategy Development. For many years he has been conducting empirical studies on pricingand he advises companies on price strategic orientation and the implementation of pricing strategies.
new business is a media brand of the Hamburg New Business publishing house, founded more than 40 years ago. The weekly print magazine’s editorial team reports on major industry topics in the two main sections Communication and Media, analyses changes in markets, provides background information on current events and gives guest authors a voice.
In addition, the editorial team evaluates creative competitions and incorporates the results of the Redbox ranking. Exclusive news about changes in agencies and media companies, budget pitches, personnel changes, launches of new magazines and portals as well as marketer changes round off the editorial spectrum.
The website new-business.de keeps the media and communication scene up to date every day. From Monday to Friday, the midday news and evening news provide the community with news twice a day. Particularly relevant information is immediately sent out as breaking news.
https://www.unicconsult.com/wp-content/uploads/2020/02/new-business-interview-riekhof.jpg316800Prof. Dr. Hans-Christian Riekhof/wp-content/themes/ucs/images/layout/logo.svgProf. Dr. Hans-Christian Riekhof2020-02-04 12:29:442025-06-14 12:19:46The Ideal Price for Luxury: Pricing Expert Riekhof in Interview with Marketing and Media Magazine New Business
Erfahren Sie im Interview mit Sönke Scobel von Stage Entertainment, wie im “König der Löwen”, einem der größten Erfolge in der Geschichte des Musicals, das Pricing gehandhabt wird und welche Faktoren Einfluss auf die Preise haben.
Jetzt kostenlosen Zugang erhalten zu allen unseren Pricing Studien, zu unseren Pricing News und zu unseren mehr als 70 Pricing-Newslettern, mit denen Sie zum Pricing Experten werden können.
https://www.unicconsult.com/wp-content/uploads/2018/07/newsletter-no-15-header.jpg349619Prof. Dr. Hans-Christian Riekhof/wp-content/themes/ucs/images/layout/logo.svgProf. Dr. Hans-Christian Riekhof2018-07-23 13:18:202025-06-15 18:15:44Pricing-Newsletter No. 15 (2018): Insights into the Pricing of the Successful Musical “The Lion King”
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