Assessment - 8-Rajesh

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Assignment on

Crafting a 3 year strategic plan for Harley


Davidson

Submitted to
Professor Ashutosh Murti

by

Rajesh Ede
Developing a Three-year strategic plan for Harley Davidson
sector
 Introduction:

We will analyze the Harley Davidson case study using SWOT analysis and propose the strategies
for the next 3 years.

SWOT Analysis:

Strengths : Weakness :

 Global brand and Market player in heavy weight  Poor Market share in Asia and Europe
motorcycles
 Japanese competitors with relatively better
 Loyal customer base pricing strategies

 Quality of products with diverse segments  Expensive products

 Financial Status of the company  Heavily relying on US market

 Customer Community and Network  No entry/base level products

 String marketing & branding strategies

Opportunities : Threats:

 Market opportunities in few Asian countries  Competitors offering economic products with
lower prices
 Increase in women drivers
 Buyers going slow in US market
 Invest in building products by using technology
advancements  Substitutes growing at good rate

 Attract customers with different age group by  Environment laws getting stricter and
launching targeted products inclining towards usage of electric vehicles

 Raise of startups and high paying employers that


increase the purchasing power of the customers

 Usage of digital mediums for marketing


Analysis:

 Harley Davidson being a premier brand in the world, emphasizes on freedom and
individuality which for the core part of the rider experience.

 It is needs to revamp some of its strategies to reach the current generation of customers

 The manufacturers should start considering entry level models that attract the younger
generation which can be budget friendly and offer a new look

 Merchandise and apparels should also be revamped considering the tastes of current
generation

 It needs to focus on what is different being done by the competitors and substitutes

Strategic plan for the next 3 years:

 Build products aligning to the tastes and interests of current generation

 Create presence in the untapped market

 Leverage technology for marketing & branding strategies

 Design products that are sustainable and are adhering to emission laws

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