Part - 1: The Marketing Strategies of Avanti Bikes
Part - 1: The Marketing Strategies of Avanti Bikes
Part - 1: The Marketing Strategies of Avanti Bikes
Our Objective: Avanti Bikes is one of the main Bike campany popularized for its service and
production of trendy and new models . Although the company has used very good marketing
strategies in the past, their is a need to understand the marketing plans, which would
genuinely help in the development of lead generation and sales of the company.
Table of Contents
1. Business Summary
o Avanti Bikes
o Marketing Leadership Team
o Headquarters, Office Locations
o Mission Statement
o SWOT Analysis
2. Business Initiatives
o Overarching initiatives: marketing initiatives, goals, metrics
3. Target Market
o Cycles and Bikes
o Buyer Persona(s)
o Competitive Analysis
4. Market Strategy
o Product
o Price
o Promotion
o People
o Process
o Physical Evidence
5. Budget
6. Marketing Channels
Business Summary
Avanti Bikes
The Avanti brand symbol is a visual representation of our beliefs, philosophies, and bike-
riding love. As a result, it occupies a prominent position on all of our bicycles. Our
professional squad, sponsoredriders, weekend warriors, commuters, mud-loving off-roaders,
and kids on their first Avanti are all represented. The brand mark is still the same.
SWOT Analysis
As Avanti Bikes’ Assessment analyzer, I want to help the brand lean into what it does well,
improve what it doesn’t, capitalize on what it can do, and defend against what could
challenge it. With that in mind, here is the SWOT analysis for Avanti Bikes.
What we’re good at. What we want to fix. What the industry What we think could
What’s working. What we want to might soon want. hinder our growth.
What our customers strengthen. What we What/who we think
What we think we’ll
like about us. want to become more could take our
be good at. What will
efficient at. customers.
be our differentiator?
Avanti Bikes has the ambitious goal of having better marketing strategy due to it lesser social
media management. To help the business do that, here it is to will pursue the following
initiatives.
Initiative 1
Description: To expand their goal of using much more sources of social media in order to
start marketing to the younger generation, leading them to enunciate the approximate leads.
Goal of initiative: To establish better social media and digital reach towards the customers
and using the eventual recent rends which people would inevitably follow, in order to have a
better timing and using it as a situational surroundedness.
Metrics to measure success: Establishing better reach and prosperous social media page
having digital marketing developments.
Initiative 2
Description: To have much more advertising agencies and corporates allowing their products
to be used properly and eventually having a better sorted volume.
Metrics to measure success: Personal Contact based settlements which would make the
usage more easier and reach the advertising more better.
Target Market
Distribution
Avanti Bikes distribution channel is as follows: It has direct communication with dealers,
eliminating the need for a middleman. Because the dealers sell directly to the clients, there is
a good line of contact between the customers and the sellers. Authorized dealers also handle
the company's production distribution. A wide range of products are accessible in showrooms
located around the country in many major cities.
Avanti Bikes’ primary target market is customers in the middle income bracket, who prefer
two-wheelers because they fit their budget and provide good value for money. In the past,
Avanti Bikes mostly targeted the 30-51 age bracket, but in recent years, it has Cyclesved out
a new market segment for younger drivers and young families, which has a strong market
base and will eventually lead to increased sales for the company. Let's dig a little further and
see how Avanti Bikes drew in customers with varied marketing strategies.
Buyer Personas
Within our target market(s), we’ve identified the personas of all age groups, leading the target
market to be an evident part of the same.
Competitive Analysis
Market Strategy
Product
The company's major goal is to make people's lives better. It is regarded as the world's
leading Electricbike manufacturer, having introduced a number of appealing Cycles and
Electriccycle models to the market. Its sales have exploded in recent years as a result of a
slew of new creative items and approaches on the market.
Price
Avanti Bikes’ pricing strategy is recognised because it keeps in mind that their main target
market is the middle-income group, thus their pricing approach reflects that. They offer a
diverse selection of things at a reasonable price. They've also constructed massive
manufacturing centres in underdeveloped countries and ship Electriccycles to industrialised
countries with greater manufacturing costs. It also sells sports bikes and luxury bikes, which
are more expensive. Also, one of Avanti Bikes's penetration pricing techniques is to set
artificially low prices to win market share, then raise their prices after that is achieved.
Promotion
The company's promotional approach employs a variety of modern techniques to promote its
brand; it engages in aggressive television marketing to reach a broad audience. To attract
clients, it has launched advertisements with various themes. It has also released a commercial
depicting Avanti Bikes's founder's aim of making high-quality Cycless.
People
The main and important people who are a part of the certain base who would be preferred to
buy the specific bike items, are children, who are still learning and need them
Process
It has direct communication with dealers, eliminating the need for a middleman. Because the
dealers sell directly to the clients, there is a good line of contact between the customers and
the sellers. Authorized dealers also handle the company's production distribution. A wide
range of products are accessible in showrooms located around the country in many major
cities.
COVID-19 Issues
As the COVID-19 pandemic hampers everyday activities such as commuting to work and
conducting errands, Avanti Bikes is making a concerted effort to be a good corporate citizen
that looks after customers, communities, and employees. Avanti Bikes is exhibiting a can-do
attitude that may resonate with consumers as people look to brands for reliable information
and even inspiration amid widespread uncertainty about public health and the pandemic's
economic ramifications.
Marketing Channels
Over the course of 2021, we will launch/ramp up our use of the following channels for
educating our customers, generating leads, and developing brand awareness:
[Wix]
Purpose of channel: Brand Awareness
[Pinterest]
Purpose of channel: Promotional Website
[Wordpress]
Purpose of channel: Promotional Website
[Facebook]
Purpose of channel: Official Management Page
[Instagram]
Purpose of channel: Official Management Page
[LinkedIn]
Purpose of channel: Official Management Page
Marketing Technology
We will utilize the following technologies and software to help us achieve our goals and
objectives.
Marketing CRM
Nutshell, Zoho, Hubspot, SugarCRM, AgileCRM, ActiveCampaign, Greenrope, Aritic
Blogging Software
Wordpress, Linux, Wix, Blogger, Tumblr, Gator, Hubspot CMS
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