So how does the moco atttract young motorcycle riders into its brand?
MILWAUKEE—Harley-Davidson Inc., long associated with the 1960s counterculture movement, now needs to spark a new one.
http://www.wsj.com/articles/can-harley-davidson-spark-a-motorcycle-counterculture-1434706201?ru=yahoo?mod=yahoo_itp
HD shares don't look too flash either....
http://finance.yahoo.com/echarts?s=HOG+Interactive#{"range":"2y","allowChartStacking":true}
Our Jacob spent $10,000 on a Honda CB500R + a muffler ($500) and riding gear ($1500) and several of his mates have those plus a couple of Ninja 300s (not much cheaper). I'm thinking that around the $10,000 price point (where the Street 500) is for a LAMS bike is about right but Jacob and his mates wouldn't even consider the Street 500 because it's not 'sporty' enough. I'd like to see a cafe race version of the Street 500, maybe a modern tribute version of the XLCR 1000 sporty? But even that might be a bit to retro for most young guys. The Iron and the 48 seem to be selling ok to guys younger than me (maybe not young but younger) so maybe Harley should be pushing sporties a bit harder in the advertising too.
I think this has been general knowldge for some time. average age of new HD buyers would be close to 50, but few years back was 40+.
when i bought my first HD, the price of a new HD would go up $500 per year, at that time $500 would buy a lot more than it does today & our $ was around $1.35us . so was a good investment you could also totaly rebuild the motor with genuine HD parts so they lasted a liftime ( at that time ).
plus nothing much changed year to year, so you rushed in to buy one before the price rise. Today they build throw away in ten years bikes, the prices have stayed same for ages, but each year they make changes so people go out to buy the new model. also in past you always did your own services, if you could not work on your bike, you would have to learn. not many took the bike back for a service. today thats big money but no matter what you are led to beleive, that old motor basicaly the same. just keeps getting bigger but heavier too.
also in NSW the third party MC green slip insurance for bikes over 250cc a bit high for a young guy in a tight budget. i know they have increase engine size limit & put restrictions on engine output for LAM , but AFAIK insurance go off engine size not power out put corect me if i'm wrong.
hope the factory can turn things around.
By geez, I woulda loved to have been able to buy a Harley back when I was a first or second year apprentice. At the time (very early 80's) they were about 8 grand,. That would only have bought a shovelhead too,and we all know how reliable they were.On my $65 per week there was no hope. Eventually bought a Guzzi in 83 for $3200 and still got it. Did not buy a Harley till way later.
If Harley is worried about sales to younger riders then in my mind they are worrying too much about the wrong things ....betcha Porsche, Lamborgini,Ferrari etc dont give a rats about the younger buyers.
Truth is Harleys are not cheap to buy. Second hand Jappers are.
Mercedes Benz and BMW !
Now there are some cheaper options to appeal to the youth. And the youthless!
Bugger the young poor folk, people are living way longer these days. 20 beers tells me I'm right! Might just slink under a rock and die.
Don't wory the young folk will be older when we are dead, and they will carry the spluttering torch. And buy Harley's
Yeah!
It is a bit of a priveledge to ride one of these things methinks.
Fuck the young uns. Let em break legs on the cheap Jappas.
25 Beers of wisdom now.
I'm sure its a state of the mind thing. Before I turned the big 50, I couldn't have cared less about a Harley and thought people that rode them were wankers. Then the MLC hit me and I fell in love with the look, sound, and chrome and had to have one. I was never going to buy into the whole Harley brand merchandise thing cause only wankers wore that kit. Next thing, over a dozen Harley shirts, 4 or more jackets, boots, belts and gloves. Can't get enough now.
I look at my mates with envy who've got younger sons and mentored them onto a Harley. Those youngsters couldn't be happier. I do fear that they are going to kill themselves however because they like to show off and ride like they're on high performance jap bikes that will handle and stop.
Having said that, some on this forum never grew up.
You couldn't be more right FD
*edit* double post
Then you have the "Hipsters" spending big bucks on everything from sneakers, haircuts, brand shirts etc et etc (See Deus Ex Machina).
They also spend big money on bikes but are often smaller CC's and the money is in the mods and bolt ons. I was in Deus today and saw a 2013 Triumph Bonnie that had some bolt ons a new tail section and a nice paint job for $23990.00
Also had a 90's evo sporty built like a tracker for $21,000+, again mostly bolt ons with a few well made bracketry.
The money is out there and those in their mid 20's to Mid 30's seem to have a hell of a disposable income, they just ain't buying just harleys The big thing at the moment is Bobbers and a growing trend for cafe racers again, I reckon the sporty and the new 500 are ideal for this market.
Maybe some factory "very stock" options with well priced after market goodies to build these would be the way to go, but then what do you do next week when the "Hipsters" are last weeks news and there is another fad.
Not a good time to be trying to increase sales volume, glad I dont work for the MoCo.
"They need new customers of they'll eventually go broke and yeah that won't effect you or me but it's the job of the people running the company to look further ahead than just the next few years."
Are you sure, there's a new generation that turns 50 every year?