Although it is still early days (even for the rebirth of a badge dating from 1901!), Polaris are showing impressive brand stewardship as their convincing ownership of the Indian marque finally steers the custom motorcycle market towards an OE duopoly ...
Although a six model line-up is no doubt a lot less than where Polaris envisage seeing the Indian range settle out at, while the company waits to build its dealer network, the steady evolution of what we are seeing under Polaris' brand management has got everyone's attention - not least Harley-Davidson's.
In fact, the progress Indian is making in building its dealer network is impressive, and with the 2016 model range showing a sureness of touch underpinned by the considerable corporate resources and PowerSports industry experience that Polaris bring to the brand's table, there is every reason to expect to see wait lists develop - and not just because of the widely reported paint facility bottleneck.
Compared to Harley's 8 family, 38 variant line-up, Indian's single 'entry-level' Scout, three mid-range Chief branded cruisers, a Chieftain as its top-end cruiser and a single Roadmaster top-end tourer may appear to represent a modest start, but don't be fooled, this is a case of appearances definitely being deceptive. This is a model range that is strategically greater than the sum of its parts.
Polaris earned much kudos for the careful, steady way in which it went about introducing and evolving its Victory brand. That calm assurance has now come back to benefit them in spades as they seek to give Victory new meaning and recreate it as offering new, additional business opportunities for their motorcycle dealers in the long-term.
In the short-term this theoretically modest start is exactly what is required, and by building slowly, Indian are building well.
Their 2016 offer clearly demonstrates a business plan that fits a rational and realistic approach to productionisation plan, a manageable approach to required dealer investment and flooring overhead and, above all, a careful nurturing of consumer expectation.
The three-way dynamic of tensions that could arise between the expectations that Indian's brand heritage inevitably generates, the inevitable comparisons with Harley-Davidson, and the position that Indian needs to earn in a crowded contemporary market that is spoilt for quality riding choices, makes this an ambitious project.
Indian's 2016 offer appears to confirm what everyone who has been paying attention has come to believe - that Polaris has the smarts to control its ambitions and deliver on expectations.
Have you been keeping an eye on what their shares have been doing in the past 36 months? Comparing and contrasting Polaris' share price performance with Harley's is just as interesting as comparing and contrasting their motorcycle product ranges.
By refusing to allow itself to be sucked into offering too much too soon, Polaris is giving the Indian brand headroom rather than headwind.
www.indianmotorcycle.com