There is no denial that Royal Enfield has emerged as a true competitor in automobile industry. With benchmark models it has produced so far, it has gained immense popularity. Initiating with Royal Enfield Classic which is a timeless beauty, they have come up with various models. Royal Enfield Himalayan for say, is a perfect touring bike that enables rider to drive through extreme terrains with ease. Then there is GT and INT in 650 cc that are inclined towards greater engine capacity and efficiency. There is new launched Meteor 350 with modern features such as ABS, tripper navigation and more to beat other bike in 350 segments. These bikes have retro touch in common but are distinct from each other in many ways.
With the rising demand of these bikes, so is the elevating demand of its accessories and spare parts for say, Royal Enfield 350cc 500cc Classic Bike Saddle Bag Pair Seats, Bags and more. Undoubtedly, everything needs maintenance and modifications at some point of time. Some does it to update it, while others do it just for personalization. Reasons are many but it becomes it daunting for consumer to find best from the market and for the seller to deal with competition. Let us look at few factors why there is increasing rivalry and how it is impacting both manufacturers and buyers.
FACTORS affecting competitions:
Increase in manufacturers: Watching the rise in number of Royal Enfield vehicle on the roads, sellers has unleashed potential in producing RE related goods. Due to this, nowadays there are uncountable manufacturers who are trying their best to produce best article in affordable price line and this has ultimately lead to competing market. For instance, if you look at Royal Enfield Classic 350 & 500 Silencer, there are many known brand that are producing best in class silencer and such brands and local sellers are rising.
Limited variety in accessories: It is seen that there are few accessories patrons prefer to buy. These few comprise of Bags that solve luggage concerns, and then there are silence to reduce fuel consumption, Seats and Backrest for added support to the riders. These are the most common accessories that people majorly buy. This is the reason competition has increased tremendously among the producers.
However, you may also purchase oil filter, air filter, Handlebars, engine
guards, helmets, engines, seats, wheel components, headlights, mirrors, clutch
levers, major nuts and brackets, exhaust cooling ring, gear box nut kit and
number plate, handle bar, RE customized logo, handle bar and weight, badges and
logo, tappet cover, air filter, oil filter, fuel filter, windshield, engine
guards and more.
Greater demand- With booming sales of the Royal Enfield bikes, desire for customized accessories have grown, many new manufacturers have come up with their collection. Some are true copy of original while others are totally unique. This has led to extreme competition as the rat race is to proffer premium quality good at most competing prices. Due to this, many online sellers has come up with discounted deals and offers saving lot of consumer’s hard earned money.
IMPACT:
Owing to the above said factors, there is both beneficial as well as deteriorating effect on the consumers as well as on buyers. First come price competition that has allowed price comparison creating major benefit to the consumer. Secondly, as consequences, you can easily surf websites to get premium goods at reasonable prices at doorstep. Thirdly, manufacturers of Royal Enfield parts and accessories are now finding ways to better reach buyer by giving terrific customer service that help owners and seller to gain mutual trust and hence buy with confidence.