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PRESENTATION ON WHIRLPOOL
PREPARED BY- AVINANDAN KARMAKAR JSB (R14-06-008)
About Whirlpool:
• Leader of the $100 billion global home appliance industry.
• Marketed in nearly every country around the world.
• Categories are : fabric care, cooking, refrigeration, dishwashers, countertop appliances, garage organization and water filtration.
Company VISION & MISSION :
VISION :In all homes ... Everywhere, with pride, passion andperformance.
MISSION :We all, are passionately creating loyal consumers for the rest ofour lives.
•Markets other recognize brands like:
Core Strategy :
1. Selecting a market for
study
2. Choose basic segmentation
for market
3. Select segmentation description
4. Select target
market
5. Design and
impliment appropiate market mix
Other marketing strategy:
• Entry level strategy – Joint-venture with different compnies for Chinese, Brazilian, Argentina, Indian market.(eg. In India jointventure with Sundaram Clyton)
• Globalization through “FDI”• “Whirlpool brings quality to life” – first Pan
European advertising campaign,1995• Strategy in Asian market only to build awareness
about “WHIRLPOOL” brand
What they are doing in industry:
130 INDUSTRIAL
DESIGNERS IN 4 DESIGN CENTERS & 3500 ENGINEERS IN 26
RESEARCH CENTERS WORLDWIDE
HIGH QUALITY STANDARD OF
PRODUCTS
6TH SENSE TECHNOLOGY THAT
THINKS FOR CONSUMERS
SIGNIFICANCE SAVINGS OF TIME AND
RESOURCES
AUTOMATICALLY ADJUST
ACCORDING TO THE SITUATION
Supply Chain:
SWOT Analysis:
WEAKNESS:1. Constant innovation require2. Poor after sales service
THREAD:1.Increasing material cost2. Longer lifespan results slowing replacement demand3.Core competetors- LG, SAMSUNG,KENWOOD
OPPURTUNITY:1. Innovation2. Product line expansion3. Growing Asian market4. Attractive scheme
SWOT
Financial Ratios:
2013 20141.22
1.24
1.26
1.28
1.3
1.32
1.34
1.36
1.38
1.4
CURRENT RATIO
Financial ratios:
2013 20140.52
0.54
0.56
0.58
0.6
0.62
0.64
0.66
0.68
0.7
QUICK RATIO