North American homes alone- China is right behind them. Europe‚ Latin America‚ and Australia’s saturation levels are starting to considerably increase every year. Qingdao Haier is one of the top large appliance manufactures in the world focusing on specialization rather than diversification. Although there is big competition against Haier‚ their marketing strategies have helped them to increase their profitability. Their key strategy is an expansion into global markets. The objective is to create a
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The Haier Group I. INTRODUCTION A. EXECUTIVE SUMMARY 1. This case analysis studies the globalization projects of one of the most successful companies in China‚ Haier‚ and a small appliance company. The case analysis focuses on Haier’s plans in the U.S. market to establish itself as a major brand. The case also gives information about the competition in the U.S. consumer appliance market and its structure‚ and the strategies adopted by Haier to overcome the obstacles. The problems faced
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Case Analysis of Haier A little background: Haier‚ a Chinese enterprise founded in 1984. After thirty years research and development‚ it has become a successful case that leads Chinese enterprises to the whole world. Qingdao Electrical Appliance Factory which is the predecessor of Haier‚ it was a Chinese government collectively-owned enterprise‚ since Zhang Ruimin took over it‚ he found the shareholder agreement of Qingdao Electrical Appliance Factory‚ then defined Haier a private enterprise and
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Introduction to the Haier Group Haier was established in 1984 in Qingdao China which is the world’s fourth largest white goods manufacturer . Now There are more than 6 million employs in the worldwide. Haier set up a 29 in the global manufacturing base‚ eight comprehensive research development centers and 19 overseas trading companies. Haier CEO Zhang established under the guidance of brand strategy‚ has the implementation of brand strategy and diversification strategy and internationalization
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Haier Marketing Analysis William Li Haier History and Culture Haier Group —— the world ’s fourth largest manufacturer of white goods‚ the most valuable brands of China. The company was founded in 1984 in Qingdao‚ China. As of 2009‚ Haier has established 29 manufacturing bases‚ eight comprehensive research and development centers‚ and 19 overseas trading companies around the world and it has employs more than 60‚000 (Angiezahn‚ 2011). In 2009‚ Haier ’s global turnover reached 124.3 billion
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Abstract Haier makes‚ designs and sells home appliances such like washing machines‚ air conditioners and refrigerators around the world. Haier founded in China in the mid of 1980s by Zhang Ruimin‚ and it has become one of the country’s leading brands today. In 2006 Haier was ranked as the world’s sixth largest maker of large kitchen appliances with a 4% global market share. In this paper‚ it is going to analysis Haier’s performance management‚ why Haier is so successful and challenges that Haier will
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OP321 Assignment: Week#11 Haier case study Date: Nov7‚2014 1. What was their competitive strategy& order winner? Product innovation is Haier’s competitive advantage‚ which combined with supply chain innovation. Based on different customer’s lifestyle‚ Haier focus on product differentiation‚ which produced hundreds of unique products across Haier’s strategic model with low-end‚ value‚ and high-end brands. Such competitive advantage is created by supply chain innovation. Haier cooperate with suppliers
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Haier Haier is a very successful white good company in China. The company turned the disadvantages and then became the Number one brand in China. Haier played first mover in the Chinese market‚ and played Niche in the international market(Appendix 1). In the Chinese market‚ Haier differentiate themselves by increasing the price and producing great quality products for their customers. When the company started to garneted revenues from the refrigerator product‚ company began to produce more product
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Haier America Introduction Haier America came to existence in the year 1999. It serves as sales and marketing arm of the international giant Haier Group. Haier group is a global leader in dealership in appliances with a giant global market share. Haier America is headquartered in Manhattan‚ Haier building‚ a landmark in the city. The major products of the company include Compact refrigerators‚ high-definition televisions‚ portable electronics and air conditioners among others (Haier 1). This paper
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A Profile of Haier Group Founded in 1984‚ the Haier Group has been dedicated to innovation and creating a world famous brand over the past 26 years. Originally a small collective plant on the verge of bankruptcy‚ it has now grown into an international group which has more than 70‚000 employees around the globe and realizes a turnover of 135.7 billion yuan in 2010. Haier has risen to be the world’s No.1 brand of consumer appliances. In addition‚ it was selected as one of the world’s Top 10 innovative
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