new markets 2. Limited Market Group 2. High level of customer 3. Financial Downfall loyalty and satisfaction 3. Strong dealer community 4. Strong brand reputation 5. Successful track record of developing new product 6. Employee-Management Relationship 7. Vintage-Classic Collector motorcycle
OPPORTUNITIES SO STRATEGIES WO STRATEGIES
1. Expansion of Foreign Land 1. Increase marketing to attract 1. Improve old fashioned products 2. New environmental consumers to spend (S3, O3, O4) and introduce in the market (W6, policies 2. Use its presence on social media O2,O5) 3. Aggressive Competition for marketing and to attract 2. Offer efficient price to increase 4. Introduction of new customers towards its website (S6, sales volume in global market technology O2, O4,) (W2, W4, O3,O6) 5. Leveraging development 3. Produce products 3. Compress big engine that will 6. New customers from internationally that fits be proportionate to the size of the online channel customer’s taste on the market body (W6, O2, O7) 7. Expanding international (S1, O5, O6) markets 4. Develop environmental-friendly products through innovation (S4, O1)
THREATS ST STRATEGIES WT STRATEGIES
1. Alternative motorbikes 1. Use a strong distribution 1. Use strong strategy to enable to 2. Increasing preference of network to reach out to customers compete in the market (W3, T1) electric vehicles and fight off new entrants into the 2. Focus on Western Regions who 3. JMI continuous to grow in market (S3, T1) patronized vintage motorcycle global market 2. Make use of competitors’ as (W2, W5, T4) 4. Age bracket of the buyer motivation to go beyond with 3. produce models equipped with 5. Harley-Davidson’s engine their performance in the market racing body features to be is not best (S1, S4, T4) appealing for younger generations 6. Aftermarket parts are 3. Must have extra motor parts (W6, T5) limited available in dealership and specialize mechanics for maintenance (S3, T7)