Hyundai Wins Marketer of the Year
Tuesday, November 10th, 2009
Hyundai is no stranger to the pages of Pricing Insider, as we’ve reported several of the manufacturer’s successful incentives and programs. That’s why it comes as no surprise to us that Advertising Age recently named the Korean automaker “Marketer of the Year.”
With perfectly timed and well-placed ads for their Assurance Program, Hyundai appealed to its American audience like no other automaker of the time. Not satisfied with just one success, Hyundai then followed up with Gas Lock Assurance, which locked in the price of regular gas at $1.49 per gallon for a whole year.
When Cash for Clunkers landed in July, Hyundai matched the government’s trade-in values before the program officially started, meaning the company had to picked up the bill in order to offer Hyundai customers those much appreciated savings. Even after the program ended, Hyundai offered an additional $1,000 on top of the value of any trade-in, regardless of MPG. The genius of this incentive was that it could be combined with any of the many other rebate offers Hyundai had going on, resulting in bottom line prices that often matched or sometimes beat the government rebates.
Hyundai’s sales rocketed to a remarkable 27.24 percent in the first ten months of 2009. Look for more award wins for Hyundai in 2010.








