Gearing Up: Bridgestone Outlines 2009 Strategy at Dealer Meeting - Tire Review Magazine

Gearing Up: Bridgestone Outlines 2009 Strategy at Dealer Meeting

Bridgestone Outlines 2009 Strategy at Dealer Meeting

With roughly 2,200 dealers in attendance, leaders of Bridgestone Americas shared recent successes and outlined goals for 2009 at the company’s dealer meeting in Chicago in September.

Despite the challenging economic landscape – one where Americans drove 53 billion fewer miles in the last seven months vs. last year – Bridgestone Americas has seen success in gaining brand awareness, which in turn benefits its dealers, said John Baratta, president of consumer replacement tire.

Through aggressive ad campaigns and sports marketing, the company has taken a major step toward meeting its goal of growing “Bridgestone brand awareness in North America over the next five years while maintaining our strong existing brand position for Firestone,” said Michael Fluck, brand marketing manager.

With Bridgestone being the official tire of the PGA Tour, NFL and NHL – and Firestone sponsoring the IndyCar series – more and more consumers are entering tire dealerships and asking for the tiremaker’s products without any steering from the counterperson, what is referred to as “unaided brand awareness,” Baratta explained. “If you can grow brand awareness and marketshare year over year when the economy is soft, that’s a big accomplishment.”

The meeting’s tagline, “Shift into High Gear,” embodied the course of action Bridgestone dealers need to follow in order to maximize exposure and sales, the company said. Baratta named seven “gears” needed for success: products, education, grassroots marketing, the right customers, business management systems, the right image and branding.

From the start, Baratta said the company is there to support dealers with an ever-increasing product lineup. In today’s market, there are nearly 2,400 SKUs – an increase of about 700 since 2006 – and Bridgestone has met this trend by adding 480 new SKUs in the past two years, Baratta said.

The company offers seminars, training, dealer support and advances in brand awareness to enable its dealers to follow their own, unique plans for the seven gears, he noted. “(The gears) all must operate in sync with each other. They must be constantly examined, maintained, repaired or sometimes replaced,” he said. “Get those seven gears working together and your dealership will move to a higher level of service and customer loyalty that will result in increased sales.”

Coming Soon
In order to continue Bridgestone America’s growth strategy, the company will launch a new product line, as well as a new, exclusive dealer program, in early 2009.

To meet consumer demands for environmentally-friendly products, Bridgestone will introduce the Ecopia line of tires next year. The Ecopia line – which has been rolled out in other global markets – targets optimized rolling resistance without sacrificing traction, especially wet traction, the company said.

“The Ecopia EP100 will be available in six sizes in 2009 with aggressive brand expansion planned for 2010,” said Tim Dunn, executive director of brand and supply chain marketing. “The Ecopia EP200 all-season tire for the North America market will come OE on the Toyota Prius.”

The Ecopia line will fall under the umbrella of “eco products,” a new classification for Bridgestone products that meet certain requirements in categories like CO2 emissions reductions, natural rubber content and rolling resistance. There are already several products that meet this classification, including Bridgestone’s Turanza with Serenity Technology, he said.

“In addition to the Turanza, we’re talking about over 100 sizes in various patterns that we will be designating as eco-products beginning Jan. 1,” Dunn noted.

The company is also rolling out a new, by-invitation-only program for its network of Bridgestone and Firestone dealers. The exclusive Five Star Certified Performance Retailer program is designed to place the “best of the best” dealers in a position to better compete with premium car dealerships by supplying them with education, certification, up-to-date equipment and ready access to products, Baratta said.

“The program is already being tested with some of our dealers and the results are good,” he said. “We’ll be introducing it on a larger scale by March 2009 at the latest.”

You May Also Like

Maverick Tire Changer: Bead massage

The bead massage feature on the Maverick tire changer helps with better tire and wheel fitment for balancing.

Hunter-bead-massage

Joe Keene, automotive content video producer at Babcox Media, speaks with Hunter Engineering service rep Rick Marzen on the bead massage feature on Hunter’s Maverick tire changer — which some OEMs are now recommending for better tire and wheel fitment to help with wheel balancing. This video is sponsored by Hunter Engineering Co.

Cosmo Tires to include 40,000-70,000 mileage warranty on all PLT tires

Cosmo will continue its portfolio expansion later this year when it launches its new Gripit X/T, Rockit R/T, and Cosmo Kurrent.

PLT-TIre-Fitments-Sourcebook
Yokohama Rubber holds groundbreaking for Mexico tire plant

The facility is set to begin production in early 2027 with a planned annual output of five million tires.

Yokohama-Mexico-Groundbreaking-event
How vehicle alignment affects ADAS features

It’s not just about keeping the vehicle traveling straight anymore – proper alignment is critical for ADAS features to function correctly.

TR-Continental-alignmentADAS
TIA chooses Planet Hollywood for SEMA pre-show events

TIA’s pre-show events, encompassing the annual membership meeting and cocktail reception, will happen at Planet Hollywood Resort & Casino.

Dick-Guck-TIA-SEMA-Press-Conf

Other Posts

RNR Tire Express honors the legacy of franchisee Richard Rose

Rose was posthumously awarded with the franchise’s second-ever Lifetime Achievement Award.

RNR-Tire-Richard-Rose
McCarthy Tire Service earns gold in Best of the Best contest

The company secured gold awards in four categories, including Best Employer, Best Auto Repair, Best Car Wash and Best Auto Detail.

award-stock
CMA, Double Coin adds two all-steel ST radial sizes to its RT500 tire lineup

These include ST235/80R16 and ST235/85R16 sizes and are designed explicitly for high-speed trailer use.

CMA-Double-Coin-ST-Radial-RT500
Hunter Maverick Tire Changer: 19.5-in. tire service

Learn to handle 19.5-inch wheels, which are common on some delivery vehicles, with Hunter’s Maverick tire changer.