Harley Davidson is an iconic American motorcycle manufacturer founded in 1903. It was originally a family-owned business but has since become one of the largest motorcycle companies in the world with dealerships located across the globe. The company is known for its classic designs, quality craftsmanship and customizing options that bring out each owners unique style. In recent years, Harley Davidson has embraced the use of Artificial Intelligence (AI) to help them stay ahead of the competition and increase their market share.
Selling a high-end, hand-assembled product is a low-volume business; One branch in New York only makes one or two weekly sales. Therefore, it's important to spend money to attract customers, especially on attracting the right customers. They need to determine who, and where their customers can be reached and they need the data.
Harley Davidson is using AI to reduce the cost of acquiring and retaining customers, allowing them to better target their customers. For example, AI can help Harley Davidson customize advertisements, analyze customer profiles and predict when a customer is likely to buy or service a motorcycle. In addition, they use AI technology to track their dealerships' performance and sales trends, so that they can quickly respond to changes in the market. AI helps them analyze data quicker and more precise and it helps them spot patterns and correlations that would never be seen by a human analyst.
Harley Davidson is seeing great results from their AI initiatives. The company has experienced an increase in sales and higher customer satisfaction scores. Due to their improved marketing efforts, customers are spending more on accessories and services when they visit dealerships. After moving to AI-driven customer targeting, Harley-Davidson New York increased its lead generation by 2930%. It also opened the company up to entire new audiences that it had never previously marketed to.
They also found what wordings in their advertisement is more effective. They realize their customers responded far better to the word "call" in adverts than "buy" - 447% better. Their AI system was able to recognize this and help marketers to better improve their content.
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Harley Davidson's use of Artificial Intelligence (AI) shows just how powerful this technology can be. By leveraging data and machine learning, Harley Davidson was able to reduce costs, increase lead generation, and customize their ads for maximum customer satisfaction. If you're looking to get the most out of your marketing efforts, consider investing in AI today!