Market Share

In 1992, sales units in faucet mounts are 3 times more than those in pitchers. It seems that Brita had tried to take the market share from faucet mounts system at first. They might struggle to inform customer with pitcher system’s benefits, so they could be known as a consideration set. And after that, as people’s needs for purified water were growing, they could enlarge their market.

Their strategy was about customer service rather than profit or revenue. The growth was built on creating new products for the existing target market.

In celebration of ElleG’s previous successes in the personal electronics market, we have made the decision to hurdle into the market of small appliances. As champions in our current niche, we have been afforded the opportunity to create new concepts with the most innovative technology at our disposal. Coupling our innovations with cutting edge ideas, we have developed a new product to our distinguished line of personal appliances and would like to introduce the new ElleG “ABrew”. A single brew coffee system without the need for individual cups.

Our objectives are to consider the impact of not entering the faucet-mounted filtration market on our market share, brand image and profitability. We must consider the short-term and long-term implications of different scenarios including: entering the faucet-mounted market, increasing our current pitcher sales, and increasing our filter

After the Civil War you could see the changes that took effect within the South’s infrastructure such as farming and transportation. However, it was not only the towns that took a hit but the soldiers who were killed and injured during the war may have suffered more than the town’s hardship. It seemed as if things couldn’t get any worse for the Southerners when the laws that were once only up north were now being implemented in the South. Expanding the Market Revolution was one of the many changes but it was not bigger than outlawing slavery which is known as the Thirteen Amendment. I’m sure the questions and concerns were why, how will this affect the slave owners wealth, land and crops. Unfortunately the major question was how to transition

were branded to the bone. They always understood that they were selling brands before product. They had their eyes fixed on global expansion.

tend to care more about price and taste rather than the nutritional value they consume in their

They were the first movers, allowing them to gain a strong top of mind market hold not only in American but other more developed countries.

Niche market is the subset of the market on which a specific product is focused. The market niche defines the product features aimed at satisfying specific market needs, as well as the price range, production quality and the demographics that is intended to impact. It is also a small market segment

Faced the problem of losing customer faith in the Brita brand. Brita had slowed established a string brand position among consumers over the ten year period since 1988. It grew to be a $200m grossing company from a small filter system provider. Brand awareness stood at 70% and 18% of 103m households in US used Brita pitchers. This reputation was at stake due to the decline in sales and

Thousands of satisfied customers can attest to Complete Kitchen and Bath not only being price

These competitors made history whilst they displayed their skill and

After looking at the issues causing the initial lack of sales of Quartz, it is essential to note that the lack of adoption of Quartz from the plumber has had a high impact on the issue at hand. For plumbers, Quartz brand is a high margin brand for plumbers, and thus, once adopted by plumbers will, the product extension will yield great gains for the

Despite above market scenario, Aqualisa invested 3 years and 5.8 million Euros to develop quartz technology in showers. Sales didn’t happen as expected by Mr. Rawllinson.

With this come different strategies to achieve growth such as through market penetration, product development, market development and diversification. When these all are broken down in details, it becomes a clearer picture. So when it comes to market penetration it is the objective of reaching higher number of sales and having a larger share with products already existing. Out of the four strategies this is the least risky one. However, there is still some low risk because prices which are low are being used to penetrate markets and it could lead to potentially damaging price wars that reduces the profit margins of all firms in the industry. When it comes to market development, it means to sell the products already existing in a market, but to sell them in a new market, this includes exporting goods to overseas markets or selling to a new market segment. When it is about Product development it is the progress made in current existing products and then sold or even new products being sold in existing markets. For example, the launch of red bull standard, they took a product which had already been in the market before, changed it a little bit and modified it and converted into a different version and sold it in the same market where red bull standard was sold. Product development is about creating something new or modifying product into its better self to attract consumers. Moving to Diversification- it means selling unrelated goods or new products, in new markets The