Welcome | View My Profile | Sign Out
MediaPost Home About MediaPost Privacy/Terms Media Kit Sitemap
Publications Home News
Online Media Daily Media Daily News Marketing Daily Mobile Marketing Daily Search Marketing Daily
Daily Feed> Email Daily Feed> Video Daily Feed> Social
Online Blogs
Online Spin Email Insider Search Insider Behavioral Insider Online Publishing Insider Mobile Insider Video Insider Gaming Insider Performance Insider Metrics Insider Social Media Insider Just An Online Minute Daily Online Examiner Raw Blog
Media Blogs
Research Brief Diane Mermigas:On Media TV Watch TV Board Magazine Rack Media Creativity Notes From the Digital Frontier Digital Outsider Mad Blog Red White and Blog
Marketing Blogs
Engage:Hispanics Engage:Kids 6-11 Engage:Moms Engage:Boomers Engage:Gen Y Engage:Teens Marketing:Green Marketing:Sports
Magazines
OMMA Magazine Media Magazine
Subscribe
Feedback Loop RSS Feeds Archives Subscribe
Dec 2 Search Insider Summit (Utah) Dec 6 Email Insider Summit (Utah) Jan 11 OMMA Agency of the Year (NYC) Jan 12 MEDIA Agency of the Year (NYC) Jan 26 OMMA Social (San Francisco) Jan 27 OMMA Performance (SF) Feb 24 OMMA Metrics Measurement (NYC) Feb 25 OMMA Behavioral (NYC) Mar 15 OMMA Global (San Francisco) Apr 14 Search Insider Summit (FL) Apr 18 Email Insider Summit (FL)
Recently Concluded Events
Nov 3 OMMA Adnets (NYC) Oct 30 OMMA Video (LA) Oct 29 OMMA Mobile (LA) Oct 29 OMMA Mobile & Video (LA) Sep 23 Creative Media Awards (NYC) Sep 23 The Future Of Media (NYC) Sep 22 Online All Stars (NYC) Sep 21 OMMA Awards (NYC) Sep 21 MediaPost Live at Advertising Week All-Access (NYC) Sep 21 OMMA Global New York (NYC)
All MediaPost/OMMA Events Event Blogging Past Event Videos
Industry Events Calendar
2010 OMMA Agency of the Year 2010 MEDIA Agency of the Year
2009 Creative Media Awards 2009 OMMA Awards 2009 Digital Out-of-Home Awards 2009 Media Agency of the Year 2009 OMMA Agency of the Year
All Awards
Employment Situations Wanted Services Offered Post a Job
Briefs Reports Online
MediaPost Directories
Mobile Insiders Group
People Finder Edit My Profile View My Profile My Contacts My Calendar
HOME • MANAGE SUBSCRIPTIONS • MEDIA KIT
High Gas Prices Have Consumers Looking At Motorcycles
by Karl Greenberg, Thursday, April 24, 2008, 5:00 AM

SHARE

TOOLS

RELATED ARTICLES
TAGS:  Automotive

MOST READ

motorcycle With gasoline at $118 a barrel, it's no surprise that motorists are looking for lighter wheels. According to NADAguides.com, the consumer Web site of the biggest publisher of vehicle pricing and specification information, that's exactly what is happening. The company says that it has seen a recent spike in interest in motorcycles and scooters that can't be explained solely by seasonality. 

The company says motorcycle-buying interest at NADAguides.com saw a 48% jump in March versus March 2007. While NADA Guides concedes that sales of motorcycles were down more than 7% at the end of 2007, and that sales are also sluggish so far this year, the interest is trending way above normal both for motorcycles and other products tracked by the firm.

Lenny Sims, motorcycle editor and VP/operations at NADAguides.com, says he isn't seeing the same lift in interest for big-ticket recreational products with which motorcycles usually compete.

"People aren't looking at buying travel-trailers and motor homes. While they aren't buying bikes as their core primary transportation vehicle, we saw attention diverting from other 'nice-to-have' areas in the last six or eight months, and more consideration for motorcycle categories."

The company defines an increase in motorcycle-buying interest as the number of new motorcycle prices provided to consumers at its Web site, with analysis for this study comparing data from March 2007 to March 2008. The company also tracks boats, as well as recreation vehicles from ATVs to travel-trailers and RVs, as well as classic and collectible cars.

The study comes as gasoline in the Midwest is topping $3.50, with summer driving season (April through September) predicted to be up 61 cents from last year--and with gasoline prices in some parts of the country expected to cross the $4-per-gallon threshold.

Ty van Hooydonk, who heads up product communications for Discover Today's Motorcycling, part of the Motorcycle Industry Council, says he predicts sales will strengthen this year. Van Hooydonk, who lives in L.A. but doesn't own a car (preferring his seven motorcycles), says the motorcycle is a perfectly viable alternative. "With gasoline heading to $4 a gallon in more and more places, you can expect people will take good long look at two-wheeling again, as they did when gas prices boosted above $3 in 2005," he says.

He says scooters aren't the only realm of the bike market that is seeing a lift. "The other category that has been benefiting from fuel prices has been dual-purpose bikes." That means motorcycles as happy on dirt as on roads. Van Hooydonk says the reason is that in addition to flexibility, dual-purpose bikes get 60 miles per gallon and better. And it is also a growing segment of the market, with new entrants like Honda's CRF 230L, and Yamaha's XT 250. "They are affordable and cheap to maintain," he says.

Sims says this increase in buying interest, spurred by the knowledge of motorcycle fuel economy, should help offset sales declines of on-highway bikes in the coming months, as consumers who research motorcycle values at NADAguides.com--and who use the company's motorcycle buying guide to compare bikes and to obtain specification information--start buying.

The company divided the most-researched bikes into short-range, mid-range and long-range commuters. In the first group, scooters and smaller bikes predominated with Yamaha Majesty 400, Honda Silver Wing and Suzuki's Burgman scooter dominating. Among mid-range bikes, Honda Shadow Spirit 750, Suzuki Boulevard S50 and Kawasaki Vulcan 500 were the top bikes. For long-range bikes, cruisers like Harley-Davidson Electra Glide, Honda Gold Wing (with airbag) and Yamaha Royal Star Venture were the top bikes sought.

Sims says scooters and short-range commuter bikes are seeing the most activity. "We can't quantify sales yet, but the thing that stood out was that there's an increase in interest, [more so] in short-range commuter bikes than mid- and long-range."

Sims says the increase for motorcycles is not a merely cyclical lift as warmer weather gets people thinking about the motorcycle, car, RV or boat they've always wanted.

"We have been trending this for 10 years, but typically the increase is across the board, across all products. But, while all of the other verticals we can compare this to--boats, cars and other items we have on site--are trending normally, we saw extreme spike in motorcycles." He predicts that interest will translate to sales 30 to 90 days down the road.

 




AUTHORS

ARCHIVES

Recent Marketing Daily Articles
Study: Credit Card Mailings On The Rise    
"With recent green shoots of economic recovery, card issuers feel more confident about the future," says...
Mazda Plans To 'Zoom-Zoom' Past Electrics    
One strategy will involve focusing on solving gasoline-engines' weak points, such as low-RPM driving, where a...
Reliability As Value Isn't What It Used To Be    
Auto industry observers have predicted for years that, as automakers get closer and closer to each...
Recession Increases Affluents' Happiness Levels    
A recent Luxury Institute survey shows a rethinking, says founder/CEO Milton Pedraza. "Yes, they lost money,...
Subaru Goes Back To 'Share the Love' Well    
"If you think about the tone of the message, it was so different from everyone else's,"...
Big Apple Invites A Closer Inspection    
NYC & Company, the official marketing, tourism and partnership organization of the City of New York,...
Virgin Mobile Ads Rely On 'Chatty Cathys'    
The camera focuses on a young man sitting in a woman's boutique as his presumed girlfriend...
Chase Launches Giveaway Via Facebook    
The Chase Community Giving Facebook application encourages Facebook users to choose from more than 500,000 small...
Let's Eat: 5 Chains Target Nontraditional Retail    
The joint strategic development initiative will enable the chains to bundle and leverage their brands and...
Diamond Crystal Campaign Is Downright Salty    
"Many consumers assume that all salts are the same," Grete Lavrenz, a representative of Cargill, tells...
>> Marketing Daily Archives 
ABOUT MEDIAPOST • MASTHEAD • MEDIA KIT • RSS FEEDS • PRIVACY/TERMS & CONDITIONS
©2009 MediaPost Communications. All rights reserved.
1140 Broadway, 4th Floor, New York, NY 10001
tel. 212-204-2000, fax 212-204-2038, feedback@mediapost.com