What is the Market for a Bantam in the year 2,000?
(Nine categories of prospects.)
To be honest, I'm sort of surprised that the Japanese auto manufacturers
haven't done some retro styling products in the same way motorcycle companies
have done a few retro bikes, like the 50's Brit wannabe 500cc thumpers that
show up from time to time. Indeed, Datsun did a very close copy of the Austin
Seven in it's early years. Why would they you ask? Why would we? Let's kick
it around.
The reasons for the original market failure of the Austin/Bantam may actually
persage success today. One must remember that the original automobile sought
to be one of the big car producers in the country, competing head to head
with Ford for instance. In our revival we are looking only for a niche market
(aren't we?).
The sad irony is that when the original Austins and Bantams came out, they
recieved tremendous free publicity and popularity but no one bought them.
Many movie stars and celebrities had them (Buster Keaton, the Hemingways,
Al Jolson, Mickey Rooney etc.) and they were the subject of many cartoons
and gags (I believe the prototype for the 'cartoon car' we still see Goofy
driving around is directly derived from the Bantam). People looked on them
with affection and they became a household word and cultural/visual cliche.
Businesses used them extensively to draw attention. People who had them
were the subject of gags and pranks where the cars would be bodily kidnapped
by a small group and put in odd places. The cars themselves were in the
movies (in a starring performance in "A Connecticut in King Aurther's
Court", Austin Roadsters, replete with lances, are used by the Knights
of the Round Table to rout an enemy army!).
It would seem that all this publicity, product recognition and good will
would have lead to great sales, but it didn't. It is a lesson for any marketer
or advertiser, that just because people like a product does not mean they
will buy it. In order for people to buy this car, it was necessary to demonstrate
that it was a practical (socially acceptable?) automobile, and Americans
simply were not ready for a sub-compact in the way that other countries
were.
For our purposes in this design/market problem the market that the original
cars had would be more than enough to soak up the limited production we
would likely be able to accomplish. It is a so-called 'lifestyle' item in
which utility is a secondary consideration.
The market for this car is easier to see if you think of it as a motorcycle.
It will cost about the same ($10-15,000 U.S. target). How many Harleys do
you see in a day? How many sleek cafe racers? Think about it. Guys ride
Harleys and cafe racers to impress other guys. Women could care less and
only ooh and ahh if they are trying to get the guys attention. (For liberationists
out there of all stripes, please keep in mind here we are talking marketing
reality, not politics. You can judge your political success by watching
the market which is driven by how people see themselves, not how idealoges
would like to position them). Guys who enjoy the company of women are going
to buy this car...and, believe me, they're going to make out like crazy.
Women and girls that that like to have a good time and draw some modest
attention to themselves are also going to do well with it.
So, I see the market as:
(1) Teen girls & preppies from middle to wealthy families (parents buy).
[And by the way, this is a substantial market in middle class India!]
(2) Younger independent women with first job or are in college and just
want to have fun (the same ones you saw driving all the Suzuki Samurais).
(3) Socially secure men of any age who do not need a car to demonstrate
masculinity and who have a sense of humor or style. (Also, insecure men
who can't afford something fancier and who adopt this category as protective
coloration:~))
(4) Boomers on a nostalgia or other image trip (same price as a Harley,
top end cafe racer or other attention grabber.)
(5) Mission California surf/extreme sports types and followers in other
venues (especially the woody and panel truck). West coast and Keys Florida
Jimmy Buffett types (would be too expensive for Warren) not macho enough
for Miami. Some University of Texas sorority girls...and how could Disney
resist having a few dozen for all locations (assuming they didn't try to
sue us for some phoney trademark infringement because they had a car sort
of like it in a 1938 cartoon...).
(6) Emerging/third world, (warm) expensive energy countries where it would
be practical transportation for middle class as it was originally concieved
(Chile, Mexico, India, Singapore, Bankok etc.) would depend on a TDI
or other diesel engine. Probably the first or even ONLY market to get
around nonsensical and impossible U.S. safety regulations.
(7) Japan (the car is small) and Europe (the Italians will go nuts for this
car) A necessity for expats in (1) in the way that the Mustang was in Paris
in the '60's. Daddy's little art student needs wheels. We out- Deux Cheveaux
the Deux Cheveaux.
(8) Single guys wanting to meet interesting women with a sense of humor
( a HUGE market!)
(9) Businesses wanting the sense of fun and good will of the car to rub
off on their businesses. The "Boulevard Delivery" would serve
as well on 47th Street in NYC for Tiffany delivering diamond rings as it
would for pizza or balloon delivery in Cleveland.
At any rate, the combination of these potential markets would seem to justify
production of a few prototypes for focus group work up.
Help me out here...let's have your comments!
How are we going to sell this thing?!
bill@wmspear.com
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