Price justification = Sales 101
I think you should look at the demographics of the group you are attempting to sell to. Where is Corbin's highest percentage of sales dollars coming from? My guess is the cruiser crowd which is predominately made up of Harley Davidson owners. I myself have owned five(5) different HDs over the years. Last time I read about that demographic group, they had an average age of 35-45 years and an average annual income of $77,000.00. I believe that those are 1999 numbers so if anything, the income has gone up. I am sure that you will find that the average Hayabusa owner is younger and I am guessing the income level would trend equally. Your marketing people surely have this data compiled somewhere. Based on that alone, do you really think a $1500.00 set of saddle bags would be that marketable? I would guess that your second largest purchasing group would be the custom crowd. Like any smart business, Corbin is trying to expand it's customer base with additional product offerings but demographics should be taken into consideration. There is an underlying tone through this thread that has been screaming "ease and comfort" at you. We want to be comfortable on our bikes and we want things to be easy. Hence, the popurlarity of your seats. Perhaps you should focus on additional seating set ups? This group does not mind forking out a little extra if it makes our rear ends feel better...
Thanks for making this a lively discussion!
I think you should look at the demographics of the group you are attempting to sell to. Where is Corbin's highest percentage of sales dollars coming from? My guess is the cruiser crowd which is predominately made up of Harley Davidson owners. I myself have owned five(5) different HDs over the years. Last time I read about that demographic group, they had an average age of 35-45 years and an average annual income of $77,000.00. I believe that those are 1999 numbers so if anything, the income has gone up. I am sure that you will find that the average Hayabusa owner is younger and I am guessing the income level would trend equally. Your marketing people surely have this data compiled somewhere. Based on that alone, do you really think a $1500.00 set of saddle bags would be that marketable? I would guess that your second largest purchasing group would be the custom crowd. Like any smart business, Corbin is trying to expand it's customer base with additional product offerings but demographics should be taken into consideration. There is an underlying tone through this thread that has been screaming "ease and comfort" at you. We want to be comfortable on our bikes and we want things to be easy. Hence, the popurlarity of your seats. Perhaps you should focus on additional seating set ups? This group does not mind forking out a little extra if it makes our rear ends feel better...
Thanks for making this a lively discussion!