Market Analysis: Thorr Motorcycles

Essay specific features

 

Issue:

Business

 

Written by:

Juan L

 

Date added:

February 26, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 1043

 

Was viewed:

1342 times

 

Rating of current essay:

 
Essay content:

The reason for this loss of market share is that the target customers of its high end product is growing older, and younger people do not identify with the brand image of Thorr. In addition, Thorr is a high product and younger people do not have the large disposable income necessary to support the brand...
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because it can influence customer to purchase a Cruiser Thorr due to what it represents. The perceptual map is a visual representation of a customer opinion of the brand. The Lifestyle Image that the Cruiser Thorr represents is freedom, masculinity, and mobility. With the decline of sales, Thorr Motorcycles will need to change the consumer image in order to bring profits to the Cruiser Thorr again...
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