Question

Topic: Other

Selling

Posted by iroshandonp on 250 Points
I'm paining to get a dealer ship for Motorbike.
But as per to the statistic reports shown particular
Motorbike branch in 4 th position out of 6 other brands.

But the growth rate wise it's in the first place.
Also most moving motorbike of my brand is bit expensive than the other brand range.

Pl. let me know how can i increase my sales in the local market.

Rosh
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RESPONSES

  • Posted by Jay Hamilton-Roth on Accepted
    Are the statistics for the motorbike for your county, your region, or your local area?
    In some areas, is the motorbike #1 position? If so, is your local area similar to those areas?
    Said another way, where the motorbike sells well, who's buying (and why) - and are there sufficient numbers of that group in your local area?
  • Posted by mgoodman on Accepted
    All the facts you cite are most encouraging, but the real issue is the financial one. Have you developed a marketing/business plan for the first 3-5 years of your business? That's where you need to start. Also address Jay's point/questions above.

    I particularly like the fact that there is obvious room for growth within the industry, and that the brand is currently growing. Further, the fact that the top-selling item is also higher priced suggests there may be room for modest price increases across the line.

    You should do some grass-roots market research by talking to people who have purchased your brand and competitive brands recently to see what factors influenced their purchase decision. You want to know what you're getting into in advance.
  • Posted by Shelley Ryan on Moderator
    Hi Everyone,

    I am closing this question since there hasn't been much recent activity.

    Thanks for participating!

    Shelley
    MarketingProfs

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