>> Describe the lessons well-educated from this case.
The case study is close to B&D that lose out their market share to competitor in the Professional-Tradesmen department. In spite of having advocateful brand agnomen and high harvest-feast quality, the company still failed in the Tradesmen segment due to other factors. Since B&D tools were highly regarded in the demanding Professional-Industrial segment, the problem of loosing share was obviously non related to product quality. This was proven with thorough laboratory and on target testing that B&D products are not mechanically inferior to any of the competing power tools.
This case study thought us the lesson that on crystallize of the products quality by itself, the brand status is very important. Brand set is about creating customer perceptions of a particular brand among other brands (including competitors and other brands offered by a company). In this case, it appears that professional-tradesmen did not want to handling the selfsame(prenominal) tools that housewives use at homes. Tradesmen viewed B&D tools more for home use rather than on the job. This is a perception issue that was annoyance B&D in big way.
At the same time, there had been instances of a B&D product intentional for at home use being subjected to the demands of the job site and failing.
This reflects that they are not aware or confused about the product features. The strength of being a consumer brand was not beneficial for B&D. Companies should strive to avoid product positioning overlap and brand dilution. Company should have clear realization of their products based on different segment and targeted market.
We also learned from the case that customer preferences are heterogeneous; tastes and preferences differ among people. We should take care design attributes of both function and aesthetic form. From product show up of view, the color is one of the most prevalent factors in the centerfield of customers. Company should always consider market norm on the preferences as well. In...If you want to get a full essay, fellowship it on our website: Ordercustompaper.com
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