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This document discusses sales promotion strategies. It defines sales promotion as providing incentives to buy, as opposed to advertising which gives reasons to buy. Sales promotion budgets often exceed advertising budgets. Reasons for this include management being more open to promotional spending and pressure on managers to achieve targets. Promotions are used to spur short-term buying by offering incentives for a limited time. Promotions come in two forms: trade promotions that incentivize retailers and consumer promotions that directly incentivize customers. Effective promotions provide significant customer value and are part of an overall marketing plan with clear objectives and strategies.
Harley-Davidson was founded in 1903 in Wisconsin and is a leading American manufacturer of heavyweight motorcycles. It has over 50% market share in the US motorcycle market and sells motorcycles worldwide through over 1500 dealers. Harley-Davidson is known for its strong brand identity centered around freedom and individuality, with highly loyal customers who see it as more than just transportation but as an experience and lifestyle. The company uses branding strategies such as sub-brands, brand extensions, and the Harley Owners Group to promote this identity and build customer loyalty.
A new global brand management strategy for Harley-DavidsonJoren Lemiegre
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Harley-Davidson is one of the most mythological brands in the world. Every Harley-driver has its own stories and every Harley-bike its own history. In the last decade however, Harley-Davidsons¡¯ core driver has become much older.
The aim of this project was to develop a new global brand strategy for Harley-Davidson to attract younger consumers. After some research it became crystal clear that Harley-Davidson is a real lovebrand and that it cannot do anything it wants. The risk of loosing loyal customers was too big. Following is the conclusion of the research:
Research shows that the new generation values authenticity and uniqueness more than ever. This is good news for Harley-Davidson which distinguishes itself from competitors with these values. Harley-Davidson has to seize this opportunity by sticking to its values by introducing modern techniques and modern design touches combined with the old elegance of Harley-Davidson. Retro design with a modern touch has never been cooler before.
Furthermore, Harley-Davidson has to stay away from categories that will harm the brand DNA and brand equity. Racing and performance motorcycles do not comply with the brand identity and cannot be introduced unless under a different brand name. The values of the target group for this kind of motorcycles will never comply with Harley-Davidsons¡¯ brand values.
And finally, all this, has to be done without chasing away the current Harley-buyer. This customer still has to be able to identify itself with the brand. Therefore the feeling to belong to a strong community is more important than ever. HOG is a very successful marketing programme and it has to be supported all year long.
By applying these techniques, Harley-Davidson will remain a real lovebrand with high brand equity. Harley-Davidson stands for fun, experience and happiness with a little touch of rebellion. Every Harley-rider has its own story, but everyone single one of them has the same dream: Freedom
This document discusses business marketing communications, specifically advertising and sales promotion. It covers several key points:
1) Effective communication with customers is vital for business success. Advertising, sales promotion, and personal selling must be integrated to inform influencers about products.
2) For industrial products with technical complexity and small buyer groups, personal selling through salespeople is most important. But non-personal channels like advertising still have unique effects.
3) Companies develop integrated marketing campaigns to align communications strategies with strategic objectives, like GE's "Imagination at Work" campaign highlighting innovative technologies.
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WISE MPR Co., Ltd is a Marketing PR company that execute Integrated Marketing Communications(IMC) in Seoul, Korea.
As a Marketing PR company, we have performed various projects to get successful results: raising the clients¡¯ awareness and increasing their sales.
We provide our clients with wisdom, insight, solution, and enhancement. We aren¡¯t just a PR agency. We do investigate problems, solve them, and produce right results. The best solution that we offer makes you go up in values.
6. 6
? Objectives - Mission
? Advertising Budget - Money
? Advertising Campaign - Message
? Reach, Frequency, and Impact - Media
? Media Types and Vehicles - Media
? Media Timing and Allocation - Media
? Advertising Effectiveness - Measurement
Deciding on Advertising