References: www.harleydavidson.com www.yamaha-motors.com www.honda.com
References: www.harleydavidson.com www.yamaha-motors.com www.honda.com
The core problems that Harley Davidson faces on an ongoing basis are maintaining their market position in North America while expanding their market segments to a younger and broader scope of riding enthusiasts and their ability to expand their market position in international markets.…
Harley Davidson’s net profit in 2010 was 146.55 million versus a net loss of 55.12 million in 2009 (Global Data, 2011). There are three key elements in which the company has to improve to continue making profit. First, resolve the Unfunded Employee Post-retirement Benefit plan to keep employees producing a good product and maintain a top level company/employee relationship. Secondly, intense competition in the motorcycle market has to be addressed if Harley Davidson plans to increase sales and profit, finally, competition is strong and the brand name alone will not increase its profitability. Strategic Global Branding is the main key to Harley Davidson’s continued rise, and without it the company will stagnate and be reduced to a minor player in the motorcycle industry.…
The Harley-Davidson company was created 1903. The company was acquired by AMF Inc, which favored short-term profits instead of investing in research, development and retooling. Harley-Davidson’s focus was on sales, while competitors were continuously improving the quality of their motorcycles (echeat, 2008). This resulted in a downturn of the company with weak profits. Harley-Davidson Inc. acquired the Buell Motorcycle Company…
Harley-Davidson is an American motorcycle manufacturer with a rich history and cultural tradition. Founded in 1903 in Milwaukee, WI, Harley just celebrated its 100th anniversary with a series of events around the world that culminated in hundreds of thousands of motorcyclists rallying last summer on the shores of Lake Michigan. In 1929, there were 241 motorcycle manufacturers in the US. After the Depression, only two remained: Harley and Indian. By 1953, Indian went out of business, leaving Harley-Davidson as the only American motorcycle manufacturer. Financial difficulties in the 1970’s led to the parent company, AMF putting the motorcycle division up for sale. Without a buyer, a group of Harley managers bought out the company and rescued it with a business turnaround that included brand extensions into licensed goods, such as apparel and related accessories. Now a publicly owned company, Harley has scored double digit growth for eighteen consecutive years. Harley transformed itself into a strong marketing company with a focus on lifestyle image and product quality.…
Harley appears to have learned from their mistakes of the past. They recognize the need to produce a quality product and to aggressively promote and advance…
Harley Davidson realized that it sells customers much more than a two wheeler vehicle. The company sells customers a feeling of independence, individualism and a sense of freedom that “gets into the soul” of the customers. The company realized that the customers pride and strong emotional attachments make Harley Davidson ownership more of a lifestyle rather than a product consumption experience. In order to enhance and support the customer’s lifestyle, the company networks with its riders. , Harley-Davidson engages its customer base through company-sponsored travel adventures, events, and other things, such as clothes and accessories both for riders and for those who simply like to associate with the brand. This interaction with the customer base, serves to cultivate a strong customer relationship and also as an important marketing tool.…
Harley-Davidson is a company that despite enjoying nearly 15 years of being a leader in the market place and capitalizing on strong sales growth, find themselves reevaluating their overall strategy. The analysis below goes through the each level of the market-place to determine where, what and how change can take place. At the industry level, it is clear that the mature product life cycle necessitates stronger price competition, further expansion into foreign markets and more diversification of their product-lines. Next at the firm-level, Harley-Davidson needs to continue to capitalize on their strengths like brand equity and supplier relationships, focus on their value adding functional-level practices like quality management and finally, begin to see weaknesses such as high-price sensitivity and narrowly defined target markets as an opportunity to creatively tap into unexploited demographics markets such as women and consider challenging their premium price strategy, if even for brief time. To achieve the corporate-level objective of increasing international sales it is vital that continue to explore markets that can economically support premium priced, luxury products, are politically stable and friendly to foreign investment from the United States. Since this is a tall order for many viable countries, Harley Davidson must be willing to challenge their deeply entrenched status-quos. This will mean lifting off-shore shipment limits and letting go of the reluctance to move motorcycle assembly abroad.…
|Harley-Davidson The iconic American motorcycle sustains a proud history, enduring product quality and a high price point. In | | |…
What are challenges facing Harley-Davidson as it enters the 21st century? What is your evaluation of their current strategy? What specific recommendations do you have for Jeff Bluestein? Short-term? Long-term??…
The mission of this company is to "fulfill dreams through the experiences of motorcycling, by providing to motorcyclists and to the general public an expanding line of motorcycles, branded products and services in selected market segments." Harley-Davidson wants to have happy customers that will continue to buy this brand for life. Their vision states that they are an "action oriented international company," and that they are committed to improving its relationships with stakeholders. They believe that through balancing their stockholder's interests and the "empowerment" of employees to concentrate on valued activities they will find success and continue to be successful. Buell mission statement "is to develop and employ innovative technology to enhance the ride and give Buell owners a motorcycle experience that no other brand can provide."…
The company focuses on the design, manufacturing, selling and service of heavyweight (engine displacement of 651+cc) performing motorcycles, in addition to touring and custom bikes. Within the last five years the company has also moved into a wide range of motorcycle parts, accessories, clothing and collectibles. What is remarkable about Harley-Davidson is their ability to consistently be the market share leader in heavy motorcycles. As of 2004, based on retail sales of new motorcycles their market share was 49.5% in the US alone. The US is Harley-Davidson’s largest geographical market, accounting for 81.7% of revenues in 2004, followed by Europe (9.5% of revenues), Japan (3.8%), Canada (2.7%), and other countries (2.2%). The US recorded annual growth of 7.6% in 2004. Growth rates in other geographies were as follows: Europe (14%), Japan (11.1%), Canada (1.8%), and other countries (22.7%) according to DataMonitor (2005).…
this as a threat to its existence. Although Harley-Davidson had a record sales year in 2006 and…
Strengths- Customer loyalty is probably the number one strength of Harley 's business. Once a person buys a Harley, it seems as though they become trapped in the entire Harley business. Once they buy a Harley, they usually never buy another brand of motorcycle. Along with the bike comes the apparel. Once a person purchases a bike, the jacket, bandanas, etc. become a must. Opportunity- For Harley is that the economy is at a place where people will go out and purchase a motorcycle for recreational purposes. Whether the economy is good…
But how has this business been possible? Harley’s design tries to represent the American dream, freedom, adventure… If it would be made an interview to a general biker, they would affirm that Harley’s owners are not the typical bikers, it is more than that. They pretend to show a kind of elegance and respect for the American world, they are very centered on maintaining and promoting a very personal relationship with the customer, in order to make them be seen as different.…
Currently the company is made up of two different business segments; motorcycle and related products and a financial services segment (Harley, 2013). Most of the income for Harley Davidson comes from the motorcycle and related products segment. There are 5 major bikes lines manufactured by Harley Davidson which include Touring, Dyna, Soft Tail, Sportster and V-Rod models. In addition, there is an entire line of Harley Davidson clothing and accessories. At a Harley store it is possible to purchase anything from kids Harley socks to Harley shot glasses. The financial services…