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Black & Decker Corporation : The Largest And Well Known American Manufacturer Of Power Tools

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Introduction
Black & Decker Corporation is one of the largest and well-known American manufacturer of power tools, home improvement products, accessories and various other products. The company not only holds an overall leadership position in market but also holds a name for its consumer segment by holding 45% of the market share. Although Black & Decker has a strong brand image and position it only holds 9% of the market share in its Professional-Tradesman segment. Even without leadership in this segment company is doing really well and enjoys a favorable position in market in terms of it’s net income and revenue. Professional-Tradesman is the fastest growing segment in overall market and a lack of suitable share in market is the main …show more content…

This image is strongly correlated by low price and low quality. There was no clear distinction between the quality and color of the products. Professional tool users are brand conscious when it come to the products they are using, they want to be seen with the top quality and expensive products. Lack of proper usage of distribution channels is also an issue B&D is facing, there are limited distribution channels and all of them should be properly utilized.

Situation Analysis
Strengths:
• B&D has the highest market share in consumer grade power tools and is a market leader in that segment.
• Power tool quality is good in most of the tools segments
• Customer services are higher than Makita and Milwaukee
• It is a popular brand and a lot of people are generally more aware of this brand than any other brand
• In case of rebranding, DeWalt is another famous name and has a higher percentage of awareness among people
Weaknesses:
• Negative product image associated with B&D power tools to be used at home and not professionally
• There is no clear differentiation between consumer and professional tools
• B&D tools are not attractive, black and charcoal grey color are not appealing to buyers
• Perception of customers associated with low price, low quality
• Improper use of distribution channels
• Customers thinks that B&D tools are inferior quality and customers are brand consciousness

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