Competitive Advantage of Zero Motorcycle
Zero Motorcycle has been the world's largest producer of high performance electric motor cycle. Zero motorcycle has competitive advantage of being highly innovative, customer friendly and good distribution channel. Moreover, some of the models like Zero DS could be used from street to mountains and has more power. Its competitor Brammo Inc. has not innovation as the Zero X has and more they are more focused on racing bikes and moreover they have not distribution channel as the Zero motor bike has.
Zero X should continue to focus on the innovation it has got for its customers and moreover, it is also customer friendly. Its growth entirely depends on its innovation, low price and excellent distribution channel. However, Zero distribution channel lacks the coverage of Asia properly as Asia is the largest continent by population so it should also focus on Asia.
Zero motorcycle needs more innovation in the field of bit lighter motorcycle that can be used in the cities with less time to charge its battery. This model could also be used for persons who want to use it for their routine work rather than going on hilly areas and moreover Zero motorcycle should also focus on the special type types, for example who are more taller who are handicapped etc.
Distribution channel can more be increased by doing franchises of Zero motorcycles in some countries where direct dealing is not possible.
Marketing of the Zero motorcycles can also be improved further by giving more awareness to customers by following media campaign more vigorously. Specially, in third world countries where people do not know much about Zero motorcycles.
Zero motorcycle can also raise more funds by raising its shares on the stock market. In this way it can raise more funds by inviting shareholders and can also enjoy more relaxation in government regulations.
Zero motorcycles should also focus on general customers as well as specific customers of other competitors and increase its product variety.
Customers primarily focus their utility but mission and strategy of the Zero motorcycles focus on merely on innovation and it looks like that it does not take feedback from its customers,. However, feedback from the customer should be given extreme importance and it should be properly channelized.
Moreover, the mission statement of Zero motorcycles contains the international growth strategy but it has enhanced its growth in USA and Europe and not in the whole world so it should also focus on the whole world.
Another thing, which Zero motorcycle is to also introduce motorbikes of highs speed so the customers who need to get bikes of High speed can also get their choice.
Zero motor bikes have also to reduce the charging time of its battery because long time charging of its battery can de motivates the customers.
Possible development by Zero motorcycle company
Zero can develop new products by primarily focus on traditional motorcycles and specify the products rather than mixing different types of motorcycle into one motorcycle.
It can improve its distribution channel through call centre help and not following the specific distribution agents because it is sometimes difficult to find special distributive agents. Alternatively, it can provide different types of booklet
It can introduce specific types of bikes like bike for old people, women etc. In this way they can address the specific niche in the market.
It should introduce its survey process and register the complaints and their wants so that product can be modified according to the demand of the customer.
It should also do survey of the strengths of its competitor and potential threats that are lying and potential opportunities that are under the cover.
It should also introduce talent hunt programs for finding the persons with best innovative capability. Innovation should be encouraged within the organization.
It should have proper command and control system for the manufacturing area so that no secret formula can be stolen.
It should also focus on introducing product variation as one-dimensional approach can be dangerous and can easily be scraped off the market.
Opportunities
There are opportunities for Zero motorcycles to address the Asian markets, as there is large scope to enhance its sales. Furthermore, there are opportunities for the Zero motorcycles to enter in the arena of manufacturing of heavy bikes.
Moreover, there are further opportunities for Zero motorcycles to diversify their product range by manufacturing other machinery products like motor, television etc.
There are further opportunities to improve its distribution channel by taking the cover of mass media.
There are opportunities to polish its innovative capability and attract more and more customers.
There are opportunities to merge with small companies in this field and enjoy more resources.
There are opportunities to develop its resources...
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