Sign In
Not register? Register Now!
Pages:
10 pages/β‰ˆ2750 words
Sources:
10 Sources
Style:
Harvard
Subject:
Business & Marketing
Type:
Research Paper
Language:
English (U.K.)
Document:
MS Word
Date:
Total cost:
$ 58.32
Topic:

Harley-Davidson Inc.’s Marketing Strategy

Research Paper Instructions:

Alvin Toffler the futurologist is said to have observed that the only constant is change - i.e. Nothing is constant, change is always present! Nevertheless, it could be said that many organisations had over time become used to relatively ‘calm waters’ and ‘smooth sailing’ in their marketing strategy and general operations.
Lecture 2 in the module introduced the ‘Responses to Environmental Change’ framework – the barriers to change (ignorance, delay) and the possible responses/outcomes (gradual strategic repositioning, radical strategic repositioning, or retrenchment).
This assignment requires you to examine a company of your own choice to see how it has responded in its Marketing Strategy to the recent ‘perfect storm’ of external events – a perfect storm can be described as an unusual combination of events that produce an unusually powerful result.
Company - Harley-Davidson, Inc.
(Choose a multinational company that has offerings that combine both physical and intangible elements – i.e., it includes some service aspects since these may give you the greatest insight to the challenges of achieving change.
There are several reasons for avoiding the analysis of a small company: --
• Small organisations often operate in what is termed resource poverty – they do not have sufficient finances, human resources, information, time.
• There is likely to be a scarcity of information available for you to analyse.
• The organisation may not be familiar to the examiner.
1. Firstly, very concisely introduce the company, its products, and the competitors it faces (as necessary, make use of an Appendix to present detailed information). Place ONEOFFERING from the company on the physical goods-services spectrum (do this on a diagram with a brief discussion) and assess the company’s ‘core and supplementary ’elements against those of competitors for that one offering.
(500 words)
2. Then research the elements of the Perfect Storm of events – including, but not limited to, Covid 19 pandemic, global supply chain disruptions, political and economic sanctions, shortages and increasing prices of commodity materials and energy, employee shortages, and rising inflation and interest rates). Briefly introduce the events, and classify them in a table using the PESTER framework as the vertical axis (Political, Economic, Social, Technological, Ecological, Regulatory) – include an accompanying discussion, and
indicate whether in your opinion the company you have chosen was able to Control these factors.
(600 words)
3. To avoid the ‘barrier of ignorance of change’ evaluate an appropriate Marketing Information System (MkIS) that would be useful to allow your selected company to make different types of marketing decisions - indicate the types of information/data (internal/external, ad-hoc/continuous).
(700 words)
4. Then use the Extended Marketing Mix framework (8Ps) in tabular format (with discussion) to research adjustments that the organisation has made in the last 3 years, critically reflecting on whether these could be considered gradual or radical adjustments, and how they relate to the customer’s view of their needs as depicted in Maslow’s Hierarchy and the ‘sacrifices/benefits’ concept. Conclude with a short statement that summarizes your own opinion on how the company responded to the Perfect Storm.
(1200 words)
Use the main body of 3,000 words max to evaluate, discuss, and assess the company’s operations. Your work will be considered as an integrated report.
Make effective use of diagrams, tables, and appendices. These are excluded from the wordcount
The indicated number of words are guidelines, but you must avoid using too many words introduction the company. Detailed information about the company should be presented in Data Appendices.
As a minimum, include 10 sources (academic journals, and reputable news/trade publications).
Tables and discussion are both required to achieve effective communication of information. Submissions that have only tables and no discussion, or only discussion and no tables will not meet the requirements of this assessment and will therefore not gain maximal marks.

Research Paper Sample Content Preview:

HARLEY-DAVIDSON, INC’S MARKETING STRATEGY
Name of Student
Course
Name of Professor
University
Date
Harley-Davidson, Inc’s Marketing Strategy
The Harley-Davidson manufacturing organization is known for its distinctive cruiser motorcycles and is among the most recognized motorcycle brands globally. This company is a U.S.-based motorcycle producer established in Milwaukee, Wisconsin, in 1903 by Arthur Davidson, William Sylvester Harley, William A. Davidson, and Walter C. Davidson (Sarkar and Barnejee, 2022). Harley-Davidson produces a wide range of motorcycles, including touring, Sportster, Softail, and trike models and a line of electric motorcycles. In addition to motorcycles, the company also offers a range of branded merchandise and accessories, including clothing, helmets, and riding gear. Last on the list of Harley-Davidson's operations is its financial wing. Harley-Davidson's financial operations sector includes financing and catering for wholesale merchandise and distributor client loans, essentially for procuring Harley-Davidson motorcycles. One offering from Harley-Davidson that specialists can place on the physical goods-services spectrum is the company's touring motorcycles.
Harley-Davidson faces competition from other motorcycle manufacturers, including Honda, Yamaha, Suzuki, Kawasaki, and BMW, which offer similar products and services to their clients. Compared to competitors, Harley-Davidson's core product (touring motorcycles) is identical to those that other motorcycle manufacturers provide. However, the company's supplementary elements (maintenance, repair, and customization services) differ from those offered by competitors. For example, Harley-Davidson offers more extensive customization options or has a larger network of dealerships and service centres than some of its close competitors.
Elements of the Perfect Storm of Events
Harley Davidson has faced several challenges in the past year of its operation, but it has gradually re-adjusted into the competitive market. Firms may collectively term such adverse factors as a perfect storm of events. Perfect Storm of Events refers to situations where multiple factors contribute to a negative outcome, and the combination of these factors is worse than any one factor on its own (Bunch, 2020). Like any company, Harley-Davidson is subject to a range of market and economic forces that can impact its business.
Some of the occurrences that firms may include as a perfect storm of events that Harley-Davidson has faced during its operations include: The company's tariff battles with the former US President, Donald Trump, in 2018, the constantly changing consumer preferences, international trade tensions, the most recent world-wide Covid-19 pandemic, world-wide chain supply interferences, political and economic bans, scarcity and hiked prices of commodity materials and energy, shortages of the workforce and the increasing economic and interest rates.
Table 1: The Pester Framework below Represents the Events that Organizations may Regard as a Perfect Storm of Events Faced by the Harley-Davidson Motorcycle Manufacturing Company. 
Event

Political

Economic

Social

Technological

Ecological
...
Updated on
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:

πŸ‘€ Other Visitors are Viewing These Harvard Research Paper Samples:

HIRE A WRITER FROM $11.95 / PAGE
ORDER WITH 15% DISCOUNT!