STRENGHTS 1. Harley Owners Group (HOG) Rallies: The company has its characteristics rallies named as “Harley Owners Group” on a regular basis which involves Harley owners from different parts of the nation to communicate & experience a different lifestyle. The members of Harley owners groups are 1.2 million. 2. Range of Product: Harley is trying to solve the ageing problem of the current customer base with its diversified product range like they recently introduced bikes with the engine of 500 CC & 750 CC so as to make it more acceptable to the younger. 3. High Customer attraction: The Company is adopting promotional strategies & branding, that has helped it in creating a strong consumers thereby having a high target and preference of it. 4. Cult Brand: Harley Davidson has transformed itself as a cult brand & positioned itself in niche segment of High CC cruiser bikes. Harley Davidson has been leading company for the last 10 years. 5. Loyal Customer Base: With its strong image of quality and ‘freedom’ Harley has crafted its niche position in the market which is also backed by Harley Davidson Merchandising. 6. Due to a rich heritage and financial stability parent company is on the growing path 7. Innovation: Harley Davidson presents two new models this year- one is for men and another is for women. Harley Davidson introduced water-cooled engines, fuel injection and catalytic converters in bikes to improve exhaust emissions. 8. Strong Financial position: The company due to
The diversification lowered the overall risk of the firm and created an information network among the divisions, which was critical for the company to gain competitive advantage. The loyal customer base was another strength. The $60 billion assets that under the company’s management provided the company a positive brand image and made it easier for the company to attract new customers. Weakness:
Through the establishment of unique practices and excellent customer service, the company was able to become successful
When it comes too Target it is recognized as as a high maintained top level chain. Target managers felt that they needed to be constantly in sync with what the customers wanted, needed and even what they anticipated. Target has sustained an image and has put out products that matched it's customers vibes, lifestyle and Fit. Target has also offered a variety of labels and positive innovative layouts and different displays. With advertising and promoting target has always sent the message to customers that it's collections are very exquisite, clean and always
Motocross In the past there has been a big conflict and many opinions have been said on what engine is the better to race in motocross, the two stroke or the four stroke. Motocross has changed a lot from what it used to be back in 1924 when the first motocross race was held. Still to this day riders argue with each other about why the bike they like is better fit for racing and or which bike is better in general. I don 't really have a problem with either of them.
Bass Pro Shops is a unique retail store that sells high quality gears for many outdoor activities. Not only can you buy the best merchandise on the market, you can also experience workshops and life-like outdoor theatres located in the stores. It started as a small homemade bait shop located in Springfield, Missouri; it slowly making its way to having 50 retail stores in the United States. SWOT analysis consists of a company’s strengths, weaknesses, opportunities, and threats.
Thus, sponsorship may help them solve this financial issue for the next fiscal year. RECOMMENDATIONS – FOR ACTION: AT THE NEXT BOARD MEETING ➢ Trying to create both internal case statement and external case statement, and put it on their website, especially for the external case statement, and make it obvious for people who go to their website. Also, print out actual copies of external case statement and put it at their box office in order to let their patrons have the chance to look at it. ➢
Thus, it is a very attractive opportunity for Harley to capture these markets without much delay. • Harley has its own set of loyal and cult followers which also attracts young customers. Thus, the company can launch low end heavyweight motorcycles which will help the company to expand its customer base. • Harley can use its increased marketing efforts to further increase the customer base by marketing towards untapped segments as females and youngsters are showing more inclination towards cruise bikes. For example, In 2006, women accounted for 12% of all bike sales.
2. Women & Young Riders: The Harley Davidson Company can use its increased marketing efforts to further increase the customer base by marketing towards untapped segments. For example, women riders were purchasing about 15,000 motorcycles in 2000. After 5 years, the sales of Harley bikes to women had jumped to over 30,000 motorcycles per year.
One of the hardest fought for attributes of a brand is knowing that customers consider that the brand has value. We learned in our lesson that perceived value is a key attribute towards selling a brand. Writing a value proposition and keeping it current could help these business leaders to determine and clarify the unique characteristics their business will need to identify to better market their brand. In this paper, I desire to convey what a value proposition is and how it can help leaders chart a successful course through changing times.
They focus on a more expensive, stylish and a higher quality of products. They tend to focus on a niche market of consumers that prefer the upscale discount store (Graff, 2006). Targets market strategy has led them not enter states without a high demographic with this personal preference. Target also has developed products that are Target private label which ar¬¬e advertised as gourmet and not a low
In 2015, the company has strengthened its position with continued commitment to expansion
Their target customers are young people in all kinds of education levels, religions, race and nationality. The occupation of their target customers could be very wide but mainly are sports player and athletics. It is because athletics are more rapidly to use sports products than other people. Their target customers are from different generations: Generation X, Generation Y. Psychographic Their target customers are people who care more about the utility and quality of the product than the price.
Marketing Management Project PROJECT OUTLINE: Choose one company which has a turnaround in the past and one company which failed in the past. Discuss each company’s marketing strategy and reasons for their success or failure. Marketing Strategy Failure: Gap Inc. How Gap turned into Crap! What went wrong?
Why is Firmstrong Urban Beach Cruiser Bike a good choice? Firmstrong Urban beach cruiser bikes are specially designed to satisfy needs of every bike enthusiast in the world. Firmstrong blends style with high quality workmanship. Cruiser bikes are widely known for its simple design, safety and comfortable riding in purpose of recreational lifestyle. Firmstrong gained its popularity by confirming all these features and developing innovations mostly in the area of durability, quality and modern style.