Car auctions put in reverse
Renault has started a promotion called inverse betting. It’s an online auction where it’s the person who makes the lowest, unmatched bid that gets the car. If someone else chooses the same amount, your bid is invalid.
Why it matters
With all automobile companies promoting very “aggressive” offers and discounts, it is important to find original ways to differentiate without devaluing the brand. Renault offers a sense of occasion and experience around the promotion that leaves it feeling fun and optimistic. How can other car brands makes sales and discounts feel less desperate?
Toyota’s own entertainment division ToyToyota has created a GPS based iPhone app called Backseat Driver. The app is actually a game in which users - especially kids - have to steer a virtual car on a road that mirrors what happens on the real road. On the way, little objects need to be picked up to gain points.
More and more technology has been introduced in new cars and the automotive sector is just a couple of steps away from creating true smart cars. Urban OS is a platform that aims to run cities such as traffic lights or parking spaces just like a computer operating system runs your PC. Cars equipped with sensors will be able to communicate with the platform and the city’s infrastructure to make journeys easier and more efficient.