Preview

Bsh White Goods Industry

Powerful Essays
Open Document
Open Document
2060 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Bsh White Goods Industry
ISTANBUL TECHNICAL UNIVERSITY
INSTITUTE OF SOCIAL SCIENCE

[pic]

MARKETING MANAGEMENT
Elif Karaosmanoğlu

Assignment 1
SEGMENTATION AND POSITIONING
WHITE GOODS INDUSTRY

Submitted by:
OSMAN ÖZEN
401111024

Table of Contents

1 White Goods Industry 3
2 Brands in White Goods Industry 3
3 Marketing Objectives 3
4 The Brands of BSH 3
5 Segmentation & Targeting & Positioning 3 5.1 Segmentation 3 5.2 Target Market 3 5.3 Positioning 3 5.3.1 BOSCH 3 5.3.2 SIEMENS 3 5.3.3 GAGGENAU 3 5.3.4 PROFİLO 3

6 References 3

White Goods Industry

The home appliances sector showed a strong recovery in 2010. Driven by increasing consumer confidence and the recovery of real estate construction, the market for large domestic appliances grew by 8% bringing the market to a total of 5.4 million appliances.
All major appliance categories with the exception of the solo cookers showed a significant growth. Refrigerator sales increased by 11%, dishwashers sales grew by 7% and washing machine sales increased by 8%. Oven sales was the only category which declined by 4%. Driers, which is a new growth area, increased by 19%. Large home appliances, produced in Turkey, managed to increase by 12% year-on-year reaching 18.4 million units. Roughly 75%, 13.7 million units, were exported, which reflects an increase of 9% year-on year. With this volume Turkey became the biggest white goods appliances producing country in Europe. [1]

Brands in White Goods Industry

The leader of white goods industry in Turkey is Arçelik and its main competitor is BSH (Bosch and Siemens Home Appliances). BSH is the second company in Turkey’s white goods industry. The others are followers.

Bosch and Siemens Home Appliances Group is the world's third largest producer of large domestic home appliances. The group owns 14 brands and operates 43 factories worldwide, with its largest production facility being in Çerkezköy, Turkey. The group posted annual sales of

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Analyzing Pro Forma 2

    • 465 Words
    • 2 Pages

    The Home Depot does not usually sell small house appliances like coffee pots, toasters, mini convection ovens, blenders, and irons through the year. The mentioned small appliances were only sold during the Christmas season. The Home Depot has decided to extend the time frame in which small appliances could be purchased. In 2014, The Home Depot sold the small appliances from the Christmas season until March 2015. The extension of the availability of the small appliances increased sales revenue by 3.0%. The increase in revenue prompted The Home Depot to employ the idea for the 2015 Christmas season until March 2016. There was an increase in revenue of 4.0% for 2016. The same model was used for the Christmas season of 2016 to March 2017, and again there was an increase in annual sales, 5.0%. The Home Depot decided that since sales revenues were increasing each year with the extension of having small appliances available to its customers that the store would sell small appliance year round. So in 2017 The Depot made the decision to sell small appliances all year. There was an increase in sales for 2018 of 10.0%. Sales revenue increased 15.0% in 2019, which proved to be the most successful year.…

    • 465 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Fastest growing consumer product categories with annual growth of 6-8%  US $8 billion market in 2004…

    • 698 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Lowes Case Study

    • 2871 Words
    • 12 Pages

    The home improvement market takes in approximately $755 billion annually. However, with the softening of the housing market, unseasonable drought and flooding, and last year’s variable mortgage interest rate hikes the industry has taken some hits. Although mortgage rates are decreasing, high gas prices has caused a recession and overall sales has decreased. California and Florida, which bring in a large portion of sales, experienced the biggest declines in home prices and the most pronounced slowdown in housing turnover. With that said, Lowe’s company was still able to report $48.3 billion in net sales.…

    • 2871 Words
    • 12 Pages
    Good Essays
  • Good Essays

    * The home improvement industry is directly impacted by the number of new houses being built, which tends to affect the demand for home improvement products and building materials ("Lowe's Companies, Inc.").…

    • 460 Words
    • 2 Pages
    Good Essays
  • Best Essays

    The home improvement industry is greatly influenced by the housing market and by various economic factors. In 2008 housing turnover was down 16%, S&P/Case-Shiller US National Home Price Index was down 18.2%, Unemployment up from 4.9% in January 2008 to February 2009, and we witnessed some of the lowest consumer confidence levels on record (Lowe’s, 1008 Annual Report P.2).…

    • 4325 Words
    • 18 Pages
    Best Essays
  • Powerful Essays

    The Home Improvement sector in general is in the growth stage of its life cycle. Even in the weak economic environment, low interest rates have allowed the real estate sector to survive. As a result, home ownership has reached new highs, and the housing industry thrived.…

    • 2584 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    → Siemens – 2.8 million in revenue, 6000 employees (150 R&D), serve more than 90% of fortune 500 manufacturing companies, around 100,000 industrial consumers, parent company Siemens AG over 100 billion electronics and engineering company in over 190 countries with 428,000 people, leader in innovation…

    • 1498 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Black Decker Draft

    • 942 Words
    • 4 Pages

    Household products (15% of the sales) over 50% market share in the U.S., supported heavily with media advertising.…

    • 942 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    After acquiring the Maytag Corporation on March 31, 2006, Whirlpool Corporation became "the largest home appliance maker in the world", prior to which Electrolux was the largest home appliance maker in the world.…

    • 1675 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Jet Task5

    • 461 Words
    • 2 Pages

    percentage of the total sales from Europe has grown and the growth is expected to…

    • 461 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Sales of Goods

    • 2517 Words
    • 11 Pages

    The SGA applies generally to all contracts for the sale of goods: s1(1) SGA. It does not apply to other types of transactions involving goods. Contracts of Hire-Purchase are governed by the Hire-Purchase Act. In the case of the contracts for the sale or supply of food in Singapore, the Sale of Food Act applies. It does not apply to contracts of sale intended to operate by way of mortgage, pledge, charge or other security.…

    • 2517 Words
    • 11 Pages
    Good Essays
  • Powerful Essays

    The Frigidaire Company, owned by AB Electrolux of Sweden, was the fourth largest producer of household appliances in the United States, behind Whirlpool, General…

    • 4897 Words
    • 18 Pages
    Powerful Essays
  • Satisfactory Essays

    Vehbi Koc Case Brief

    • 722 Words
    • 3 Pages

    Difficulties in importing key parts, as well as import restrictions, motivated Vehbi Koc to produce necessary components for the white-goods within Turkey. Some of the new businesses that Koc established are in line with back ward integration strategy.…

    • 722 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    high-end models in India where they face some issues in trying to penetrate the market.…

    • 2840 Words
    • 16 Pages
    Good Essays
  • Satisfactory Essays

    Turkish consumers affected by the economic crisis and began savings. There are two ways to minimize this affected in; the first to allow privatization thus globalization of national brands by providing enhances the range of products. The second way, Turkish consumers revising the shopping behavior in the rational regard. Because people are now formed by selective and brand awareness. Stores are looking for ways of selling quality merchandise at a reasonable price. One-to-sell products to suppliers of private labels imitation can easily and sell their own brand names similar names caused manufacturers reduce the quality of the brand. Customers think of also money going to those expensive brands not satisfy themselves and caused by there is no sufficient information about the brand they prefer to cheap imitations. For example, shoppers by Serkan in Migros, his basket filled all the Migros’ brand products and he says, tried every product and Migros’ product better than others and He says he will persuade his wife to take these products. The increased interest in store brands all over the world. Through an effective and integrated marketing program, companies strive to change consumers’ attitudes toward risk, quality and price. As a result, most consumers have come to realize that the private labels are not that different from their national or global counterparts, and they even have developed a strong preference for private labels. Store brand sales as well as increase consumer loyalty and profit increases its commitment to national products and manufacturers. With 270 branches across the Tansaş turkey, the brand has become the most branches and for Tanşaş the title of being the oldest founded in 1973, with Migros merged in 2006 grew even more. Looking at the geographical pressure and consumer profile Tansaş / Migros has grown faster than expected. As the best retail chain Migros in 2010 by Deloitte shown and proved it by…

    • 526 Words
    • 3 Pages
    Satisfactory Essays