Question 1: Although B & D leads two product areas, it leads the third product area. why? A: From the perspective of the incident, there are several reasons why B & D occupies the leading position in the field of professional industrial and consumer products, but in the field of professional business it is different. From the Black & Decker test, it is clear that the quality of their products is equal or higher. The brand is a home tool: professional traders do not want to use the same tool (black & decker) as a housewife uses at home.
Black & Decker was founded in 1910. Beginning with Duncan Black and Alonzo Decker, Black & Decker's first electric power tool was a 1916 electric drill. They continued to develop and supply the first hand-held drivers, electric hammers, and finishing thunder, and in 1978 the puzzle went all the way to a very successful dust destroyer. Over the next 70 years, the company became the main name of power tools and accessories in the world wide front, first in the US, then in Europe and around the world. Increasing the lineup of electric tools and accessories, increasing the penetration into overseas markets and growing
Black & Decker is a very successful company and a world leader in the power tool industry. Black & Decker realizes this through product and market innovation, diversity, differentiation, technology advancement. Black and Decker also gained the majority of the market share of power tool accessories such as drills, saw blades, and most of the replaceable parts for power tools. Kwikset, the hardware business of Black & Decker, is the hardware leader for household and enterprise installation door fixtures. Price Pfister is now the third largest manufacturer and distributor of sanitary ware and faucet, aiming to achieve its initial goal each year by expanding market share. Black and Decker are also world leaders in the tightening and assembly system business.
Since Black & Decker is an international company, we are trying to gain market share from Black & Decker, so global competition is expected to increase over time. Black & Decker needs to stand out in every business field, including business methods necessary to maintain existing customers and expand their market share. Black & Decker works in three major industries. In each of these three industries, each industry has some appeal. Because each industry has great profit. Although there are many obstacles to entering the market, Black & Decker has become a leader in these industries. Black & Decker is a comprehensive leader in power tool business and secure hardware business. Black & Decker is also the worldwide market leader in power tool accessories, fixing and assembling systems. Black & Decker is also ranked third in pipeline products / fixed unit business in North America.