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AGENDA. About Black & Decker How Black & Decker markets its top brands Target Market Product Price Placement Promotion Sales and Marketing Career opportunities Success factors for Sales and Marketing Company Culture and your career.
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AGENDA • About Black & Decker • How Black & Decker markets its top brands • Target Market • Product • Price • Placement • Promotion • Sales and Marketing Career opportunities • Success factors for Sales and Marketing • Company Culture and your career
...is a global marketer and manufacturer of quality products used in and around the home and for commercial applications.”
Global Sales$4.3 Billion Over 35% of Sales Overseas
MARKET SHARE POSITION #1 DEWALT #3 PRICE PFISTER #1 CONSUMER NORTH AMERICAN OPERATIONS #1 KWIKSET #1 OUTDOOR #1 ACCESSORIES
POWER TOOL MISSION: Leadership in Professional and Consumer Power Tool & Accessory Markets • #1 Market Share • #1 Preferred Brand Among Target Market • #1 Customer Satisfaction POWER TOOL OBJECTIVES:
U.S. POWER TOOLS SALES $1.943M $1.894M $1.867M $1.343M $1.216M $850M $720M $600M 16 % C.A.G.R. $530M 1993 1994 1995 1996 1997 1998 1999 2000 2001
MARKET STRATEGIES DIFFER DEPENDING ON: • Target end user • Product • Pricing • Placement • Promotion
TARGET END USER • Homeowner • DIY focused
PRODUCT • Innovative • Ease of use • Giftability
PRICE $39.00 $29.00 Value Pricing Strategy $89.00 $79.00 $59.00 $49.00
PROMOTION National T.V. Advertising • Innovative features • Convenience • Giftability Field Marketing Strategy • Training • Merchandising • Events
PROMOTION NATIONAL T.V. ADVERTISING
1991 U.S. POWER TOOL SITUATION • #5 Brand in Professional Tools • $38 Million Sales - Professional Power Tools Sold in Consumer Channels • Low Brand Recognition & Acceptance with Professional Contractors
DEWALT STRATEGY • Product Quality • Product Color • Brand Name • Service • Field Marketing
TARGET END USER Professional user focused
PRODUCT • Leadership / Innovative New Product • Premium Quality
PRICE $229.00 $129.00 Premium Pricing Strategy $189.00 $399.00 $299.00 $499.00 $699.00 $599.00
PROMOTION FIELD MARKETING • Where they Work • Where they Buy • Where they Play • Where they Learn
PROMOTION FIELD MARKETING WHERE THEY WORK
PROMOTION FIELD MARKETING WHERE THEY BUY
PROMOTION FIELD MARKETING WHERE THEY PLAY
PROMOTION FIELD MARKETING WHERE THEY LEARN
PROMOTION DEWALT FIELD MARKETING TEAM
MARKET STRATEGIES DIFFER DEPENDING ON: • Target end user • Product • Pricing • Placement • Promotion
YOUR POTENTIAL CAREER PATH Vice President Director • Marketing • Group Product Manager • Product Manager • Senior Channel Manager • Channel Manager • Senior Sales/Management • Divisional Sales Manager (HD) • Area sales Manager • National Account Manager • Marketing • Regional Manager • Assistant Product Manager • Assistant Channel Manager • Brand Manager • Field Marketing/Product Manager • Event Marketing Coordinator • Field Marketing Coordinator • Account/Sales Management • Regional Acct Manager (Ind) • District Manager (HD) • Regional Manager (Lowe’s) • Territory Manager (Ind) • Account Executive (I/C) • Field Supervisor (Lowe’s) • Other • Recruiting Manger • BDU Trainer • E-Commerce/Internet • Operations • Product Service Manager • Factory Store Manager Territory Manager National Accounts Field Marketing Representative DEWALT
Black & Decker Associate Formal Training at B& D University CAREER DEVELOPMENT Self Development Significant Responsibility Management Workwiths Appraisal Development Planning
Competitive Salary Sales Incentive Program Performance Merit Program Company Vehicle - Sales Medical & Dental Plan 401K Plan Life Insurance Disability Insurance Pension Plans Vision & Prescription Plans Educational Assistance Childcare & Eldercare Referral Network Dependent Care Reimbursement Account Adoption Assistance BENEFITS PACKAGE
WHAT COUNTS AT B&D Achieving Goals Decision Making Leadership Communication Skills Assertiveness & Enthusiasm Problem Solving Interpersonal Skills Organizational Ability Responsibility & Maturity
Success Results Teamwork People Attitude Leadership Integrity
WHY BLACK & DECKER? • Market Leadership • Significant Responsibility • Career Development/Opportunity • Excellent Compensation Package • Strong Culture • YOU’LL MAKE A DIFFERENCE IMMEDIATELY
Thank You To learn more about Black & Decker career opportunities go to: