Date post: | 16-Apr-2017 |
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Victory and IndianGroup E
IntroBranding• Focused on the cruiser market• Electric motorcycle (EmpulseTT)• Technologically advanced for the
price range• Preferred Registered Owners• Exclusive merchandise• Competitive insurance rates• Special group rides
Market Share
Placement
Placement
• Entering a pre-established market • Relied too much on Polaris
dealerships• Focusing too much on baby
boomers• Did not start to profit from
Victory until 2006
Weaknesses
SWOTStrengths• Victory is an American made• Diversification of products• Heavily invested into R&D• Well established distribution
points• The Indian acquisition• Joint venture with Eicher Motors
• New emerging Chinese motorcycle brands• New innovative products from
Harley Davidson, Japanese, Italian, and German brands• Another economic recession
could hurt the sale of luxury items
Threats
SWOTOpportunities • Focusing on new customer
demographics• New technologies and energy
sources• Entering new motorcycle
markets• Focus advertising in more
warmer climates
Problem
• Improving market share for the Heavy weight and entry level segments while creating brand power and recognition.
Options • Polaris could sell the victory and
Indian brands• Victory could just go under the
Indian brand name
• Invest more R&D into other motorcycle markets• Drop the victory brand, and have
it go under Polaris
Moving Forward
• Invest more R&D into other motorcycle markets• Drop the victory brand, and have
it go under Polaris