Preview

Stp of Yamaha

Good Essays
Open Document
Open Document
1588 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Stp of Yamaha
SEGMENTATION, TARGETING AND POSITIONING of Yamaha Fz-s Segmentation - In what way to divide up markets into meaningful customer groups. Which have the common interest? 1. Demographic segmentation: In this segmentation the clause which come under it are age, gender, income, occupation, generation. a) Age- Here age of the customers plays an important role for acquiring this type of bike. The company focuses mainly the customers for the bike having the age-group of 18 years to 30 years. b) Gender- This product (Fz-s) has main focus on males and also female can buy this type of bike also but it can be rare situation, because it is heavy bike too. So here also gender plays another significant role to obtain this product (bike). As in advertisement also it has been show that John Abraham rides the bike. c) Occupation- This bike is mostly purchases by the consumers whose job or the profession is high, it is so because of the price of the bike is marginally more. So if the consumer whose occupation is not stable will not choose this bike. d) Income- another factor which will affect the buying of this bike (Fz-S) is income of consumer. It is the bike for middle class and upper middle class type of peoples. As the bike is slightly expensive, so the buyers salary or earning will plays vital role for buying. So consumers having average or higher income level will opt for this bike. e) Generation-. The demand f or this bike will be for mostly for students who are going to college and have completed 18 years of age. It is the latest trend of today’s generation because it is one of the on road and off road bike with stylish features and looks. It is the latest trend of today’s generation. It is on road and off road bike with stylish features and looks. The bike is designed to target the younger crowd and the youthful look of the bike is very much appealing. The Appearance of the bike is it is sporty Yamaha Fz-s is one of the most stylish and

You May Also Find These Documents Helpful

  • Good Essays

    JET2 TASK 2

    • 1433 Words
    • 5 Pages

    During the evaluation of Competition Bike’s budget schedule a few areas of concerns were identified within the budgeting and proformas. The first area of concern within budget was advertising. The advertising was budgeted for $28,412; they may want to consider increasing their marketing to reach a wider audience to boost sales. In year 6 the advertising was $23,820, then increased year 7 $32,760, and year in 8 decreased to $27,428. They need to increase their exposure within the bike market. They need to consider redoing their website, the website allows them to reach a wider audience 24 hours a day 7 days a week. Increasing advertising could be a favorable outcome on net sales since net sales were down in year 8 by -15%.…

    • 1433 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Jet2 Task 2 Essay Example

    • 1914 Words
    • 8 Pages

    There are budgetary areas that raise concern in the budget planning of Competition Bikes, Inc. One area is forecasting of the sales budget. The sales projection in units for year 9 is set at 3510. In comparison to year 8, there was a 15% decrease in units sold in comparison to year 7 levels. Due to the present economic situation, there is no support for the projected sales to reflect 3510, as professional rider’s sponsorship is at a decline. The decline is expected to continue for another three years. The sales projections does not seem realistic as going forward there are no discussions as to how to increase sponsorships in the declining market.…

    • 1914 Words
    • 8 Pages
    Better Essays
  • Good Essays

    Thorr Motorcycles is a $5 billion company producing a wide range of motorcycles. In addition to producing motorcycles, the company, also have licensing programs; sell T-shirts, shoes, toys for the motorcycle. The company offer services in dealer training, dealer software packages, motorcycle rental, and rider training (University of Phoenix, 2013). The sales of high quality of motorcycles are declining. The cost of a princely motorcycle was $200 in 1901. Today, a heavyweight powerful cruisers cost $25,000 (University of Phoenix, 2013). The company must develop a marketing strategy to improve sales for Thorr Motorcycles.…

    • 1010 Words
    • 5 Pages
    Good Essays
  • Better Essays

    The results revealed that a different segment, the younger individual, influenced more by price more than the aging demographic that has maintained Thorr Motorcycles success during the past years, is fueling the now growing motorcycle market. The younger generation seems to care less for brand and image of the Cruiser Thorr, due in part to the price being outside their preferred price range. It is for these reasons that the Cruiser Thorr is in stage four of its product life cycle, which is declining sales. The marketing plan should consider launching a new product. One that represents the corporate core value of commitment to quality, excellence, and offers a new market niche of affordability, finance option, and enhanced services. This will require a differentiation in the marketing mix. Shifting the market plan with changing differentiation attributes mix now focused on affordability, attractive financing option, and expanding services including social fraternities, it seems the new customer base will be more inclined to view the innovatively designed motorcycle as a commodity that offers superior value and quality. Realigning internal corporate processes and unifying the change in focus on a new product goal will cause other processes in the marketing mix to function toward the goal of promoting and placing the new product in a positive light. Attracting this new demographic is creating the…

    • 1368 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Mikes Bikes Marketing Plan

    • 5198 Words
    • 20 Pages

    For the next coming years we will be introducing another 2 different types of bikes, Road bike, & youth bike. Each of the 2 bikes will have its own strategy. Our road bike product strategy will be based on high pricing, lower volume and that for the reason Road bike segment are not sensitive to price as other segments some will pay up to 2500$ for the right bike, all what customers care about in this segment is the Quality of the bike. We will not be focusing too much on advertising since this segment focus more on the advice of a sales assistance, word of mouth & Friends past experience. The youth bike segment product strategy will be based on low price, higher volume.…

    • 5198 Words
    • 20 Pages
    Good Essays
  • Powerful Essays

    Schwinn Bicycles

    • 2135 Words
    • 9 Pages

    Bikes have been around for more than a century and many people use it in their daily lives sales. Scwhinn’s reorganization into the high-end part of the market won’t produce huge surges in demand. For this reason I believe the bicycle market to be in the maturity phase.…

    • 2135 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    T-Mobile - Stp

    • 1963 Words
    • 8 Pages

    T-Mobile is one of the leading mobile network operators in the world. Today, the company operates worldwide, though it is headquartered in Germany and European market was traditionally the main, target market of the company. Nevertheless, the process of globalization stimulated T-Mobile to develop its business internationally and the company has entered successful mobile network markets in many countries of the world, including the USA. In such a situation, the company needs to focus on the target audience which can allow the company to maximize its profits. In this respect, the proper market segmentation is crucial. Taking into consideration the specificity of T-Mobile’s business, i.e. mobile networks and telecommunication services, the following segments are particularly prospective: 16-24 years and 25-35 years customer groups.…

    • 1963 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Financial Analysis

    • 787 Words
    • 4 Pages

    Horizontal Analysis - The financial statements of Competition Bikes indicates a reverse in sales between fiscal years 6 and 7 where revenues increased to 37.5% and then a decreased 16.3% between fiscal years 7 and 8. This apparent trend is an indication that the company is moving in the wrong direction as sales have decreased. Not only is sales decreasing because of the current economic situation, but customers who also sponsor professional riders are decreasing. Reduction of sponsors will decrease advertising resulting in reduced sales. The trend in sales will have ramifications through out the entire organization as is demonstrated in further review.…

    • 787 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Wholesale Mopeds & Scooters are a big business these days due to high gas prices in the market. Many people will be focused on these products because of…

    • 5139 Words
    • 21 Pages
    Powerful Essays
  • Satisfactory Essays

    All braaarp motorcycles are design and tested in Australia, because it is an online shop they got a well organize and a good services. Customer can choose their own plastics colour and sticker kits, all customers want will appear on what they ordered. Customers will get free learn to ride lessons, that can give much more information about their products and make customers like this product because they learn more can know more and they will have a good impression on the braaap’s product and services. The entire bike have disk brakes, it’s make the bike more safety and easy to maintains and repairs, and this will make customers more comfortable with braaap’s product, more safety means life will go longer when you use their products. There have no weight limit, so that’s means every one can ride. The bikes have adjustable set high, if you buy it for your kids, they can ride for a very long time. Also if customers don’t know about how to ride their bike, they are providing lessons to teach people how to ride your own bike, this is very good services because people always want to try new things for this braaap can make people have confidence. Pricing policy…

    • 1412 Words
    • 41 Pages
    Satisfactory Essays
  • Better Essays

    Thorr insist on maintain their lifestyle image, this image set their motorcycles apart from all others in the industry. To reach a solution for the lagging sales the solutions that have been recommended are reformulating areas of Quality Engineering, Price, and Services. Quality Engineering is one of the principles was built on and a need to emphasize the quality engineering characteristics of the company 's products. Some of the aspects Thorr has to capitalize on as part of the quality engineering is the design of the product, style of the product, the capacity and design of the engine, the unique qualities and a good manufacturing process. Quality Engineering reflects important quality is for an organization. If the organization has and maintains high quality in the products, it gives the organization credibility. Price is an important aspect to most consumers. Thorr 's products are among the most expensive motorcycles on the market. Many of Thorr 's customers are willing to pay the premium price to have the status of owning one of Thorr 's motorcycles. The company has determined that price is a major factor of the younger customers who do not have the disposable income for a high priced motorcycle and affects the customer 's…

    • 1233 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Perceptual Map Analysis

    • 1328 Words
    • 6 Pages

    Lifestyle image; 34% said it was expensive, 44% said it signifies power, and 57% said it was a stable motorcycle, and they enjoyed riding it (General Marketing, 2012). Reason for purchase; 44% said they loved the cruiser, 53% said it fit their lifestyle and 65% strongly agreed it was a status symbol. Product characteristics; 35% said it had massive capacity, 36% said most powerful in its market, and 54% said it was the best in its market segment (General Marketing, 2012). Perception about price; the consumer did not have a large amount of cash on hand just to buy a motorcycle, he or she would need some type of financing (General Marketing, 2012) . The consumers that took the survey had cash on hand of 9,000 to 23,000 (General Marketing, 2012). Thirty three percent of the consumers surveyed said they would buy if they would have financing options available to them. Perception about service; 41% of the surveyed men thought that the services provided from cruiser thorr were not sufficient or satisfactory (General Marketing,…

    • 1328 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    1. Age: Canadian tire’s average shopper is middle aged, so Canadian tire really gets into the 18-35 age groups.…

    • 490 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Ducati

    • 1787 Words
    • 8 Pages

    Before offering solutions to any of the problems mentioned above, we would like to dig into details about the industrial background, company strategic positions, and competitive advantages and disadvantages about the company. These analyses are especially beneficial to help identify potential opportunities and threats of the motorcycle industry and its sport segment. Five forces analysis are supplemented to our analysis.…

    • 1787 Words
    • 8 Pages
    Good Essays
  • Good Essays

    The industry continues to face the threat of adverse regulation relating to the safety of motorcycles. Also, the lack of growth in Europe may be signaling a change of preferences away from motorcycles to other forms transportation and recreation. This is particularly troubling for Ducati because most of their sales are to riders in European markets. Also, the industry faces the constant threat of negative exchange rate movements, especially related to the dollar, which devastated Ducati and other European manufacturers in recent years.…

    • 1538 Words
    • 7 Pages
    Good Essays