| William Harley and Arthur Davidson, both in their early | | | | not just buying a motorcycle when they bought a |
| twenties, built their first motorcycle in 1903. During | | | | Harley; instead, they were buying "the Harley |
| their first year, the company's entire output was only | | | | Experience." |
| 1 motorbike; however, by 1910, the company had | | | | Harley-Davidson offered its customers a free |
| sold 3,200. Movies such as Easy Rider made Harleys a | | | | one-year membership to a local riding group, |
| cultural icon and soon the company attracted people | | | | motorcycle publications, private receptions at |
| who loved its bad-boy mystique, powerfulness, | | | | motorcycle events, insurance, emergency roadside |
| rumbling voice, distinctive roar, and toughness. It | | | | service, rental arrangements on vacation, and a host |
| sounded like nothing else on the road, and even Elvis | | | | of other member benefits. Branding the experience, |
| Presley and Steve McQueen longed to ride one. | | | | not just the product, has allowed the company to |
| The Harley-Davidson Motor Company has had its ups | | | | expand how it captures value, including a line of |
| and downs, and at times, the downs seemed as if | | | | clothing, a parts and accessories business, and |
| they would end in bankruptcy. In the sixties, Honda, | | | | Harley-Davidson Visa card. |
| Kawasaki, and Yamaha invaded the American | | | | If you were to scan the list of companies that |
| market, and when sales at Harley-Davidson dropped | | | | delivered the greatest returns on investment during |
| drastically due to decreasing quality and increasing | | | | the 1990s, you would discover Harley-Davidson. Only |
| competition, the company began to look for buyers | | | | a few companies have been successful in inventing |
| and was finally sold. However, the new owners of | | | | entirely new business models, or profoundly |
| Harley Davidson knew little about how to restore | | | | reinventing existing ones. Harley-Davidson went from |
| profitability. The quality became so bad that dealers | | | | supplying motorcycles to antisocial raiders to selling a |
| had to place cardboard under bikes in the showroom | | | | lifestyle to the aging bad boy wannabes caught in |
| to absorb the oil leaking. | | | | their midlife crises. Traditionally, Harley-Davidson bike |
| Daniel Gross, in Forbes Greatest Business Stories of | | | | owners came from the working and middle classes, |
| all Times, recounts how in 1981, with the aid of | | | | but as quality and prices of the bad-boy-bikes rose, |
| Citibank, a team of former Harley-Davidson | | | | and with energetic marketing, the company soon |
| executives began negotiations to reacquire the | | | | attracted a different class of buyers--currently one |
| company and rescue it from bankruptcy. Among | | | | third of Harley buyers are professionals or managers, |
| these executives was William Davidson, the grandson | | | | and 60% are college graduates. The new customer |
| of the founder Arthur Davidson. In a classic | | | | segments of Harley are the Rolex Riders or the Rich |
| leveraged buyout, they pooled $1 million in equity and | | | | Urban Bikers. Hell's Angels do not run in the same |
| borrowed $80 million from a consortium of banks lead | | | | group anymore. Now there are groups of |
| by Citibank. | | | | accountants, lawyers and doctors. Women also |
| Harley's rescue team of loyal executives knew that | | | | account for a significant portion of the new riders, |
| the Japanese motorbike manufacturers were far | | | | and there are women-only riders clubs spreading all |
| ahead in regard to quality management, and they | | | | over the globe. |
| made a bold decision to tour a nearby Honda plant. | | | | The future looks bright for the U.S. motorbike |
| Paradoxically, the Japanese had learned Total Quality | | | | company. According to The Economist, overall U.S. |
| Management from the Americans, Edwards Deming | | | | sales increased over 20% in 2000, and more than |
| and Joseph Juran. The new business concept outlined | | | | 650,000 new motorcycles were sold in the U.S. in the |
| by these two pioneers was a new management | | | | same year, up from 539,000 the year before. Bike |
| approach that, interestingly enough, had been | | | | buyers spent an estimated $5.45 billion on new bikes |
| rejected by American manufacturers. As a result, | | | | in 2000. |
| they offered this approach to Japanese | | | | Stay alert and get it early. The new branding |
| manufactures that were eager to learn and | | | | paradigm is to sell a lifestyle, a personality and it is |
| implement it. Therefore, soon after their tour of the | | | | also about appealing to emotions of your customers. |
| Honda plant, the Harley Davidson Motor Company | | | | Increasingly, it will be more and more about creating |
| decided to put into practice this originally rejected | | | | an experience around the product. Brand managers |
| approach. | | | | and executives will need a new set of lenses. The |
| After implementing just-in-time inventory (JIT) and | | | | rules have changed as well as the opportunities to |
| employee involvement, costs at Harley had dropped | | | | maximize profitability and create value in the process. |
| significantly; this meant that the company only | | | | Nonetheless, the majority of companies continue to |
| needed to sell 35,000 bikes instead of 53,000 in order | | | | follow traditional ad campaigns and they seem to |
| to break even. Their lobbying at Washington also | | | | ignore the fact that the media has fragmented into |
| helped, and import tariffs were raised temporarily | | | | hundreds of cable channels, thousands of magazine |
| from 4 to 40 percent on Japanese bikes. This extra | | | | titles and millions of Internet pages. |
| breathing space was something that the U.S. | | | | Consumers are no longer sitting ducks for |
| motorbike company desperately needed for its | | | | commercials; they are looking for new experiences. |
| recovery. | | | | Whether it is the bad-boy-aura of the Harley riding |
| The combination of visiting a Japanese motorbike | | | | experience, the exquisite coffee experience in |
| manufacturing plant and lobbying in Washington for | | | | Starbucks cafés, or the active participation in |
| import tariffs was a daring move on behalf of | | | | Net communities, more and more companies will need |
| Harley's executives in their attempt to bring back | | | | to follow these early new branding pioneers. They will |
| profitability and growth to the company. Another | | | | need to look into the dynamics of their relationships |
| important strategic move was the company's unique | | | | with customers and the nature of their interaction. |
| marketing and branding campaigns. Studies showed | | | | They will need to ask themselves some serious |
| that about 75 % of Harley customers made repeat | | | | "out-of-the-box" questions if they want to move |
| purchases, and executives quickly recognized a | | | | with the shifting value that is the result of constantly |
| pattern that refocused the company's overall | | | | changing market conditions. |
| strategy. Simply put, they needed to find a way to | | | | Branding has changed and so have marketing and |
| appeal to the extraordinary loyalty of customers, | | | | advertising campaigns. New variability, heterogeneity |
| which they found in creating a community that | | | | where there was once homogeneity, newly emerging |
| valued the experience of riding a Harley more than | | | | stratifications of wealth, new preferences, and new |
| the product itself. | | | | life styles are all characteristics of the 21st century |
| The sponsorship of a "Harley Owners' Group" has | | | | customer that are here to stay. We better get used |
| been one of the most creative and innovative | | | | to it, at lease until the next paradigm is discovered. |
| strategies that has helped create the experience of | | | | Remember, the companies that are creating new |
| this product. Without realizing it, Harley executives | | | | wealth are not just getting better; they are |
| had pioneered a new paradigm that would be | | | | becoming different--mind-bogglingly different! |
| increasingly embraced by other industries in their | | | | Bibliography: |
| quest to increase profitability by converting their | | | | Barker, Joel. Paradigms. Harper Business, 1993. |
| product into an experience. The company started to | | | | Bedbury, Scott. A New Brand World: Eight Principles |
| organize rallies to strengthen the relationship between | | | | for Achieving Brand Leadership in the 21st Century, |
| its members, dealers, and employees, while also | | | | Viking Press, 2002. |
| promoting the Harley experience to potential | | | | Gross, Daniel: Forbes Greatest Business Stories of All |
| customers. The Harley Owners' Groups became | | | | Time, John Wiley & Sons, 1997. |
| immensely popular; it allowed motorcycle owners to | | | | Hamel, Gary. "Innovation Now," in Fast Company |
| feel as if they belonged to one big family. In 1987, | | | | ( December 2002 |
| there were 73,000 registered members, and Harley | | | | Kotter, John P., Leading Change, Harvard Business |
| now boasts to have no less than 450,000 members. | | | | School Press, 1996, pp. 4 - 14. |
| In 1983, the company launched a marketing campaign | | | | Teerlink, Rich, and Ozley, Lee: More Than a |
| called SuperRide, which authorized over 600 | | | | Motorcycle: The Leadership Journey at |
| dealerships to invite people to test-drive Harleys. | | | | Harley-Davidson, Harvard Business School Press, 2000. |
| Over 40,000 potential new customers accepted the | | | | Young, James Webb. Technique for Producing Ideas, |
| invitation, and from then on, many customers were | | | | McGraw-Hill, p. 14. |