Strategic Partnerships Specialized Bicycle Components has recently partnered with renowned brands such as McLaren and organizations like Canadian Parks and Wilderness Society, opening up opportunities for collaborative sales strategies and cross-promotions.
Product Innovation The continuous innovation in bike designs by Specialized, evident in recent launches like Epic, Epic EVO, and Rock Combo, provides a strong selling point to target customers seeking cutting-edge and high-performance biking equipment.
Market Expansion The introduction of new bike models and sizing systems by Specialized signifies a market expansion effort, offering sales professionals the chance to tap into diverse customer segments by showcasing the brand's versatility and customization options.
Sustainable Initiatives Specialized's collaborations and focus on sustainability, demonstrated through partnerships promoting environmental causes, present opportunities for sales representatives to align with eco-conscious customers and organizations, fostering meaningful sales connections.
Competitive Advantage With a strong brand legacy dating back to 1974, a robust technology stack, and a revenue in the $100M - 1B range, Specialized stands out among competitors like Pivot Cycles, Wilier Triestina, and others, giving sales professionals a strong selling proposition to leverage in the market.