I'm not a fan of Harley-Davidson bikes (i.e. Boomer Cycles) because they are unnecessarily loud for no other purpose than receiving looks. Bikes that run faster and more reliably make far less noise. It turns out that the attention is a selling point that salesmen use. Excerpts from the training manual teach how to emotionally manipulate potential buyers into wanting a Harley.
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Source: https://www.rideapart.com/articles/257151/how-to-sell-a-harley-davidson/
Problem is that boomers are the main buyers of HD's, so the company is struggling:
https://www.barrons.com/articles/ha...ngs-disappoint-51548769857?mod=article_inline
Sales are so bleak that HD is now developing electric bikes to woo millennials... which make practically no noise!
Though this is unlikely to replace lost sales to boomers.
https://www.fool.com/investing/2019/09/27/just-how-bad-will-harley-davidsons-third-quarter-b.aspx
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Source: https://www.rideapart.com/articles/257151/how-to-sell-a-harley-davidson/
Problem is that boomers are the main buyers of HD's, so the company is struggling:
Demographics have bedeviled the bike maker. A decade ago, baby boomers were the right age to afford an expensive motorcycle and still ride one. Now, the boomers are getting old. Retail unit sales have declined since 2015 as the company scrambled to find younger buyers and international customers. Used bikes compete for sales with new Harley products.
https://www.barrons.com/articles/ha...ngs-disappoint-51548769857?mod=article_inline
Sales are so bleak that HD is now developing electric bikes to woo millennials... which make practically no noise!
Though this is unlikely to replace lost sales to boomers.
Sales are looking bleak
Wedbush analyst James Hardiman told investors in a note that channel checks indicate third-quarter sales are down between 5% and 10% with a month to go in the period.
That's especially worrisome because U.S. sales in the year-ago third quarter cratered more than 13% to just 36,200, a decline so bad that not even during the collapse of the financial markets did Harley sell so few motorcycles during a period.
https://www.fool.com/investing/2019/09/27/just-how-bad-will-harley-davidsons-third-quarter-b.aspx
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