Mind map
The Bicycle Market
Map content
The Bicycle Market
New segment of bicycle business: Carbon Fiber Bikes manufactured by a 3D printing process.
- Cheaper Price & can be produced in less time
- Stronger bikes that last longer
- Lighter and easier to carry
- Personalized bikes, delivered in 3 to 5 days
Actual Market
- Expensive Bikes
- Lots of Competition
- Shared business Know How
- Marketing Strategies with little impact on the customer & only concentraiting on sales
Market Segments
- Youth Segment
- Recreation & Safety
- Work Segment
- Practicality
- Recreation Segment
- Fun & Little exercise
- Mountain Segment
- Bike for sports can be used in off-road trails
- Speed Segment
- Light & Fast
- Youth Segment
Target Market
- Consumers that want a carbon fiber bike
- Not willing to pay for a high end model
- North America & Europe
- Latin America & Africa & Middle East
- Asia & Pacific
Investment
- $500,000 in Q1-Q4
- $2,000,000 in Q5
Measuring Success
- Balance Scorecard
- Financial Performance
- Market Performance
- Creation of Wealth
- Investment in the Firm's Future
- Marketing effectiveness
- Balance Scorecard
Information
- Description
- Mind Map on The Bicycle Market, created by Camilo Cevallos on 05/04/2020.
- Created by
- Camilo Cevallos
- Views
- 0
- Rating