Sunday, September 9, 2012

Harley Davidson Strategic Planning for Competitive Advantage

Harley-Davidson's take on strategic planning for competitive advantage has helped the company increase its global market alongside it's already expanding U.S market increasing revenue and popularity overseas. Focusing on its brand loyalist's alongside it's one of a kind Harley-Davidson experience.

Harley-Davidson has recently turned to what most would consider an unconventional marketing plan known as " crowdsourcing", which includes outsourcing marketing tasks to a group of undefined respondents versus an employee or corporation. Thus relying on its own customers to handle the marketing. Harley-Davidson has reached out to Victor & Spoils a Colorado based agency whose focus is crowdsourcing. Through this partnership  Harley Davidson who up to now relied on single agency-based marketing will gather ideas from thousands of it's brand followers, who will ultimately decide its marketing direction. A step they are hoping will give  them competitive advantage and continuous growth.

Through the years Harley-Davidson has retained its popularity and cult status primarily because of its loyal clientele base. Now with its core base of supporters known as the "baby boomers" reaching retirement age, Harley Davidson's sustainable competitive advantage has to shift in order to draw in more clients.Still focusing on its main principles being product integrity and brand,such as the quality of the Harley Davidson bike and the Harley Davidson Experience. If these two factors continue to be the forefront of the companies marketing and Harley Davidson keeps a continuous follow up on their marketing plan their strategic planning will always be effective.





No comments:

Post a Comment