In the "Hunting wild Lucid Airs" thread, I gave a comment Peter Rawlinson made in the recent 2023 Q2 Earnings Call. In that same call, he made some excellent comments that fit into this thread about Generating Buzz for Lucid Air/Lucid Motors. For emphasis, I put some of his comments quoted below in BOLD.
"Over the last 2 quarters, I spoke about the company's 2 strategic priorities: growing brand awareness and cost efficiencies. Now whilst we still have work to do, I'm pleased to say that some of the initiatives we've actioned are seeing solid progress. We saw another strong increase in the number of test drives sequentially through Q2, and the third-party data shows that our brand awareness in the luxury and premium segment is growing to a much stronger place. And as our fleet size grows, so does the number of Lucid Air sightings. We believe that there is a marketing and demand benefit when we achieve a critical mass of vehicles on the road, and we're making headway here.
"Our customers are some of our most ardent advocates, and we want to reward them for their fervor. And with our brand awareness moving in the right direction, we're now putting more energy behind it to capitalize upon the interest, including the recent reinstatement of Lucid's original pricing."
One thing he said that caught my attention is this.
"...I think we want to make the car competitively priced to make it a super compelling proposition which I think it is now. I think it's an absolute bargain right now, quite frankly. We need to add more vehicles to the visible fleet on the road. We're always willing to adjust to market conditions. I think that's very important to retain that flexibility. The key is to get product out into the wild in customers' hands. That's the best marketing tool we've got."
IMHO, offering and advertising the reduction in price on the Pure in particular was a way to emphasize this "super compelling proposition." I think that the more Lucid can do to get Air Pures in the wild and in front of as many people as possible, the more likely it is that some people who would have never know about Lucid will be driven to the website. Then, some of that interest could very well be converted to even a few additional sales. After all, some additional sales (and deliveries!) is better than none! It's also possible that interested customers who see an Air in the wild and go to the Lucid website will also be attracted to the other compelling versions of Air. This could result in one or more sales of a AT or AGT.