Bicycles are utilized all around the world. Some are designed purely for speed on the road. Others are designed for sturdiness off of the road. People ride bicycles for various reasons, such as: competition, fitness, and recreation. Further, when considering bicycles that are used for traveling, specifically commuting to and from work, the two key features of the bicycle that should be considered are comfort and speed. However, once an appropriate bicycle is designed and developed, the next step in the marketing process is testing the product. The market testing strategy that is being tested for this bicycle prototype involves test marketing the bike and marketing program in one or two urban areas with large commuting populations before beginning manufacturing, promoting, and distributing the bike on a national scale. The goal of the market testing strategy is to garner results that provide information which will help the marketing team make a more successful national launch. This strategy is common, and will have multitudinous benefits as well as inevitable disadvantages that may or may not outweigh the advantages.
The marketing team’s sanguine expectations of test marketing the bicycle are determining whether or not the current design adequately satisfies the needs of the average commuter. In determining if the market testing strategy will assist the success of the product launch, it is more important to figure out if the testing will provide adequate information for the
Because Competition Bikes was able to save money on Gasoline and maintenance costs for vehicles, yet they were unsuccessful at using their vehicles making this a weakness.
| Test marketing allows the sports organization to determine consumer response to the product, and also provides information that may direct the entire marketing process.Answer
Starting from a company of less than 75 workers and owning less than 20,000 SCU for production, research, quality assurance and conduct warranty work Off The Chain Bikes has doubled the plant capacity and hearing doubling the workforce within two short years. The company is successful by targeting and capturing lucrative market shares by heavily investing in the desired technical specs and design styles of one of the most influential Racing bikes. Our keen ability to thoroughly research market demands, predicting competitive strategies between the four market majority shareholders by reviewing and interpreting the marketing reports and our aggressive design and development plans have significantly increased our market share and increase shareholder value. Our core competencies and strategic goals will be realized by carefully following our established plans and aggressively price our bikes to increase total market share.
The motorcycle industry is a consolidated industry. The U.S. and international heavyweight motorcycle markets are highly competitive. The major players, such as Yamaha, Suzuki, and Honda, generally have financial and marketing resources that are substantially greater than the non-major players. Competitions in the heavyweight
Currently H-D is the leading seller of heavy weight motorcycles across the entire world. Because they are at the pinnacle they are the target for the competition. Some of Harley Davidson 's advantages are name recognition, brand loyalty, brand quality and customer loyalty (Hitt, Ireland & Hoskisson, 2013, p. 81). The company benefits by having “the made in America” image attached to its products. The image of a Harley rider and owner is one of a tough, independent, free spirit, ready and willing to take on the world type of man. The sound of a H-D motorcycle in idle or being ridden is unique and very identifiable.
Researchers should develop custom instruments (suitable to their needs) to study the cycling transportation performance, since there are no dedicated instruments in this field of research. In this study, we developed an operational Instrumented Probe Bicycle (IPB) that is designed, built, and tested. The IPB is a completely mobile system capable of collecting a variety of empirical data. Several IPBs have been created around the world, which are different from each other based on the type of data needed. Accordingly, data collection from IPB divides into two basic categories, internal bicycle data and external bicycle data. The internal data represent the bicycle movement characteristics (e.g. speed, and acceleration), or direct influences
Overall the paper well explained the context of the e-bike system. The author truly delivered the paper with good ethos, pathos, and logos. Started by informing the reader who they are, they built up a credibility. Their pathos comes when they used so many techniques such as compare and contrast, narration, and process. The logos were being delivered on their scientific method where they use testable questions and empiricism technique. The simplicity makes the writing looks concise, but at the same time it is easier for the reader to understand the article. Moreover, they also do the deep research on each variables that they need in this writing, because based on the data, the researchers have been doing the survey throughout the years and
This marketing plan examines the launch of a human-electric hybrid bicycle called e-bike by the world’s largest motorcycle manufacturing company HONDA, in China.
Like the Reynolds X100, 7005 Aluminum is an aluminum alloy but consisting of Zinc and Magnesium. Due to its cost and inconvenience of heat treating, 7005 aluminum has gained considerable popularity with smaller companies.
Consumers are not limited to a single market, many of them will be purchasing multiple bikes, but all of them have specific preferences. Successful company will meet customer’s needs and maximize sales by growing the potential market size as well as taking sales from competitors.
To fill their psychological needs of freedom and individualism, as well as their sense of adventure, women are purchasing customized motorcycles by the thousands. Harley Davidson has certainly recognized the women motorcyclist market as a great growth opportunity for
Historically Harley-Davidson to be a Niche Marketer, which is they had focused in on one particular aspect of the market. Kotler and Keller identified the following characteristics of niche marketing; customers have a distinct set of needs, they are willing to pay more to the firm that best suits their needs, it is not likely to attract competitors, gains economies through specialized products and it has a size, profit and to grow. Almost all of these hold true for the “heavyweight” segment of motor cycles that Harley-Davidson produced.
Bicycle consumers evaluate bicycles for their technology to include low weight, durable, stylish, and performance. Consumers are also concerned about price and service. Also the demographic of peer ownership will influence consumer purchasing criteria. Clearly the college in Colorado had a few select brands. Some manufacturers are fortunate to capture these traits within their brand. Trek has successfully secured 24% of the market and is a respected brand.
This marketing plan examines the launch of a human-electric hybrid bicycle called e-bike by the world’s largest motorcycle manufacturing company HONDA, in China.
This report includes the recommendation process strategy which will be appropriate for the Peddle and Power: E-Bike and the risks using it. The chosen strategy is job shop strategy and the issues are high variable cost on hiring skilled staff and expensive equipment. The report moves onto the process design, which provides explanation of the companies assumed flow chart, which are customer purchase order, sales order, determine the quantity, create a work order, assemble the bike, package the bike, create packaging slip and invoice and final stage is ship to the customer and the value stream map, which both can be viewed at the appendices 1.9.2.1 and 1.9.2.2. The capacity discusses the future capacity requirements over next five years the company should consider, how much they need to produce, and think if they have the capability to meet the production goals. Furthermore the suggested expansion strategy is match capacity strategy. For location for the assembly plant and warehouses the company should consider: the infrastructure of the building and its area, cost of labour, and location of the most attracted customer locations and the overall recommendation is the Mt Wellington near the motorway. The reason behind the designed factory layout (refer to 1.9.3 in appendices) was the time efficiency to design the different departments close together as possible also added staff room for the workers to take a break. For the location of finished goods storage room