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Harley Davidson Marketing Plan Presented By: The Four Peas Kat Gillespie Chris Laduke Erica Marshall Whitney Phoon
Harley Davidson Marketing Plan Objectives Create & Increase Awareness Increase Sales Expand Sales Locations
Create & Increase Awareness Age of Harley Davidson motorcycle riders has increased Young males and females don’t have interest in the brand Lack of female riders
Increase Sales Increase company sales by 10 percent Younger Target audience Increase customer base
Expand Sales Locations Harley owns half the U.S Market share, 1/3 of the global market Becoming ideal – National Export Initiative Other companies are expanding globally – noticing positive results Expanding into Brazil Reduces taxes, makes motorcycles affordable to a larger target audience
Differentiation 33% of owners previous owned competitor motorcycle Not about the product – about the brand “There’s not a motorcycle riding experience like a Harley Davidson’s” Competitors: Yamaha, Suzuki, and Honda More interested in price and sales Create commercial and print ads with younger demographic
Positioning Already brand trust from customers Position so that Harley attains younger demographics interest at earlier ages Confidence in market is directly proportional to customer purchases – need young digerati to have confidence in market
Current Demographics Male (88.5%) Big Fish, Small Pond  Middle Age 45-50 Median Income $80,000-$90,000 2007 Purchases 52% Previously Owned a Harley motorcycle 33% Owned a competitive motorcycle 15% First motorcycle purchased Median Age		                                     Median Income Statistics based on years 2004-2008  from harleydavison.com
Marketing Strategy Target Market Young Digerati Young Influentials Marketing Mix 4 P’s Product: Harley Davidson Motorcycles Price: $8,000 - $40,000 Promotion: TV commercials, billboards, online, etc. Place: Wisconsin, South Dakota, North Dakota
Target Market Young Digerati Wealthy, Younger Family Mix Age25-44 Ethnically Diverse Median Income $88,728 2009 – 1.21% of US Households  Young Influentials Midscale, Younger w/o Kids Age <35 Ethnically Diverse  Median Income $50,454 2009 -1.46% of US Households
Google Insights for Search Geographic areas & volume of search From 2004-2010, repeating rate Wisconsin- search volume index of 100 South Dakota – 96 North Dakota - 86
PLACE Harley should be located in bustling cities with high market exposure. Wisconsin, South Dakota, and North Dakota are the states with the most highest market exposure. Face- to –Face or Direct sales are crucial to Harley’s sales.
Product Market Maturity ,[object Object]
Offers Classes on Motorcycle Safety
Online Safety Knowledge
Offering regular and extended warranties
Specially made saddle bags and other accessories unique to Harley Sales Decline
PROMOTION NO!
PROMOTION Harley Davidson recently created a new 2010 commercial which is getting closer at aiming their products toward their target market. Click the link below to view the Harley Commercial 2010 http://www.youtube.com/watch?v=AE9qjrpXGQI Getting Closer
PROMOTION YES!
PRICE Price Ranges from about $8,000 to $40,000 Being a Specialty Product, the price must remain somewhat high to maintain the value and prestige of the brand. Harley offers financing for up to 60 months!!
Implementation & Control Special Implementation Problems to Overcome Control Budget & Sales Forecast Timing of Implementation activities Contingency Sales
Special Implementation Problems to Overcome Necessary expenditures to carry out the new strategy: TV ad: Priced at an estimate $350000 to produce & $100000 to air Use the current marketing staff, but increase their role in social media to keep contact with customers Create events that are located in a more diverse, hip area
Control Increase sales Awareness Number of customers of various target audiences Results will be monitored quarterly Incurring changes in segmentation and imaging must not conflict with the needs & wants of the current clientele Obligations to watch & maintain: Blogs Events Interaction between the customer and sales rep Clientele Sites Relationship with investors and stockholders

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MKT 350 Harley Davidson Marketing Plan

  • 1. Harley Davidson Marketing Plan Presented By: The Four Peas Kat Gillespie Chris Laduke Erica Marshall Whitney Phoon
  • 2. Harley Davidson Marketing Plan Objectives Create & Increase Awareness Increase Sales Expand Sales Locations
  • 3. Create & Increase Awareness Age of Harley Davidson motorcycle riders has increased Young males and females don’t have interest in the brand Lack of female riders
  • 4. Increase Sales Increase company sales by 10 percent Younger Target audience Increase customer base
  • 5. Expand Sales Locations Harley owns half the U.S Market share, 1/3 of the global market Becoming ideal – National Export Initiative Other companies are expanding globally – noticing positive results Expanding into Brazil Reduces taxes, makes motorcycles affordable to a larger target audience
  • 6. Differentiation 33% of owners previous owned competitor motorcycle Not about the product – about the brand “There’s not a motorcycle riding experience like a Harley Davidson’s” Competitors: Yamaha, Suzuki, and Honda More interested in price and sales Create commercial and print ads with younger demographic
  • 7. Positioning Already brand trust from customers Position so that Harley attains younger demographics interest at earlier ages Confidence in market is directly proportional to customer purchases – need young digerati to have confidence in market
  • 8. Current Demographics Male (88.5%) Big Fish, Small Pond Middle Age 45-50 Median Income $80,000-$90,000 2007 Purchases 52% Previously Owned a Harley motorcycle 33% Owned a competitive motorcycle 15% First motorcycle purchased Median Age Median Income Statistics based on years 2004-2008 from harleydavison.com
  • 9. Marketing Strategy Target Market Young Digerati Young Influentials Marketing Mix 4 P’s Product: Harley Davidson Motorcycles Price: $8,000 - $40,000 Promotion: TV commercials, billboards, online, etc. Place: Wisconsin, South Dakota, North Dakota
  • 10. Target Market Young Digerati Wealthy, Younger Family Mix Age25-44 Ethnically Diverse Median Income $88,728 2009 – 1.21% of US Households Young Influentials Midscale, Younger w/o Kids Age <35 Ethnically Diverse Median Income $50,454 2009 -1.46% of US Households
  • 11. Google Insights for Search Geographic areas & volume of search From 2004-2010, repeating rate Wisconsin- search volume index of 100 South Dakota – 96 North Dakota - 86
  • 12. PLACE Harley should be located in bustling cities with high market exposure. Wisconsin, South Dakota, and North Dakota are the states with the most highest market exposure. Face- to –Face or Direct sales are crucial to Harley’s sales.
  • 13.
  • 14. Offers Classes on Motorcycle Safety
  • 16. Offering regular and extended warranties
  • 17. Specially made saddle bags and other accessories unique to Harley Sales Decline
  • 19. PROMOTION Harley Davidson recently created a new 2010 commercial which is getting closer at aiming their products toward their target market. Click the link below to view the Harley Commercial 2010 http://www.youtube.com/watch?v=AE9qjrpXGQI Getting Closer
  • 21. PRICE Price Ranges from about $8,000 to $40,000 Being a Specialty Product, the price must remain somewhat high to maintain the value and prestige of the brand. Harley offers financing for up to 60 months!!
  • 22. Implementation & Control Special Implementation Problems to Overcome Control Budget & Sales Forecast Timing of Implementation activities Contingency Sales
  • 23. Special Implementation Problems to Overcome Necessary expenditures to carry out the new strategy: TV ad: Priced at an estimate $350000 to produce & $100000 to air Use the current marketing staff, but increase their role in social media to keep contact with customers Create events that are located in a more diverse, hip area
  • 24. Control Increase sales Awareness Number of customers of various target audiences Results will be monitored quarterly Incurring changes in segmentation and imaging must not conflict with the needs & wants of the current clientele Obligations to watch & maintain: Blogs Events Interaction between the customer and sales rep Clientele Sites Relationship with investors and stockholders
  • 25. Budget Estimates & Forecast Marketing tactics, yet to be set at a numerical value Customer satisfaction follow-ups Design services for various promotional materials Continuous website design Participation in community events TV ads Regulation customer first training http://money.cnn.com/quote/forecast/forecast.html?symb=HOG
  • 26. Timing Currently ranked in the Sales Decline stage, but with the new plan rolling out soon, developing changes will slowly take its place and keep Harley in the competitive market