Subject: Consumer Behavior

Read the case study entitled "Bicycles: More than Pedal Power" and then answer the following questions: 1. Identify TWO (2) emblematic functions that a bicycle can serve. Be specific and substantiate your answers with quotes from the case. [2] Type your answer here by overwriting this text 2. Quote ONE (1) sentence from the case to demonstrate that bicycles can serve an expressiveness function. [1] Type your answer here by overwriting this text 3. How can a bicycle be part of a social status transition? Explain your answer by referring to the key phases of role acquisition. [3] Type your answer here by overwriting this text 4. Do scraper bikes derive their product meaning from the culture or the individual? Explain your answer. HINT: You have three potential options in answering this question: culture, individual, or both. [2] Type your answer here by overwriting this text 5. Beyond having symbolic value, possessions can also take on special meaning because they have mood-altering properties and high instrumental importance. Quote MKTG 3142W | Fall 2022 | Writing Assignment 2 18 from the case to illustrate both the mood-altering properties and instrumental importance of bicycles. [2] Mood-altering properties: Type your answer here by overwriting this text Instrumental importance: Type your answer here by overwriting this text Not so long ago, a bicycle was, well, just a pedal-powered way to get around. Today, the bicycle is not just two-wheeled transportation - it has become a major industry worldwide. A growing number of consumers are buying bikes for commuting, for fun, for status, for personal style, and for environmental reasons. Especially in developing nations, where incomes are rising and middle-class consumers are looking for more than basic transportation, demand for better bicycles is rising year after year as the product category takes on new significance as a sign of wealth and of interest in a healthy leisure-time activity. "As people become more affluent, they tend to go to global brands," says the director of international sales for Wisconsin-based Trek Bicycles, "and that's where global brands have advantages." Trek's high-quality bikes are now marketed in two dozen nations, with even wider distribution on the way. Some top automotive firms are putting their brands on upscale bicycles. Porsche, for example, offers high-end bicycles with precision-made bodies and brakes so riders can glide smoothly on paved paths and navigate off-road trails. Each carries the red, black, and gold brand badge positioned below the handlebars, ignaling that the rider is pedaling a Porsche. Luxury designer brands are also involved in the burgeoning bicycle business. Gucci's creative designer has developed a lightweight, high-performance bicycle and accessories (such as a helmet and riding gloves) for Bianchi, decorated with the red and green stripes that are Gucci's brand symbol. Missoni's colorful bicycle, marketed by cheap-chic retailer Target at a more affordable price, is for city-dwellers or suburbanites who want to pedal along in style. Folding bicycles are increasingly popular, everywhere from Kentucky to Kuala Lumpur. On a recent World Car-Free Day, cyclists rode folding bicycles along Kuala Lumpur roads to nearby mass-transit stations, folded their bikes, and took them on board. They were not just demonstrating a greener alternative to gas-powered vehicles - they were also showing the convenience and ease of taking folding bikes on commuter trains. Another use of bicycles is for tourist transportation. In Santiago, Chile, cyclists have ridden through the streets to promote environmentally friendly bicycle tourism and encourage the construction of bicycle paths throughout Patagonia. From the great outdoors to the inner city, bicycles are often used to show off the rider's personal style. In particular, youngsters who aren't yet old enough to drive four-wheeled vehicles like to cruise the streets in home-decorated two wheelers. One urban trend in bicycle bling is the "scraper bike," a small-framed bike with special touches such as dashes of color, duct tape detailing, aluminum foil wrapped around the wheel spokes, and flashy, outsized accessories. A scraper-bike song by the California hip-hop group Trunk Boiz has attracted more than 3 million YouTube views and spread the look's popularity far beyond the West Coast. "It just makes you feel like a star," says one teen of the scraper bike he spray painted and outfitted with foilwrapped spokes. A gallery in Berkeley, California, even exhibited scraper bikes as objects of art. MKTG 3142W | Fall 2022 | Writing Assignment 2 22 Consumers who are serious about their bicycling look carefully at specifications and notice which brands the top athletes endorse. Cannondale, for example, is endorsed by women's triathlete champion Chrissie Wellington. Many enthusiasts attend bicycle shows, watch bicycle races, test-ride new models, and compare every technical detail before deciding what to buy. One purchase leads to another as enthusiasts acquire all the gear they need - bike racks, locks, seats, tools, and anything else they must have to keep their bikes looking good and working properly. No wonder the two-wheeler business is gaining speed