Peak Garages Doors only makes steel garage doors and these represent 90 percent of the market. Based on this we see that the current steel door garage market in the entire US is $1.845 billion. |2004 Projected Sales | | Steel Garage Doors | | 2004 Steel Garage Door Market | | $ 2,050,000,000 | x |90% | = | $1,845,000,000 | While this maybe the entire market of steel garage doors it is not relevant to Peak since Peak only serves a portion of the US which is in 150 markets in about 12 states. Peak recently conducted a study in the areas they served and found out that their current market size is about $348.5 million for 2003 steel garage doors. Now we can estimate that the 2004 market size will be 2.4 percent higher which is consistent with the national average.
Jones Blair Paint 1. How would you characterize the architectural paint/coatings industry and Jones blair’s trade area? Out of the 50 counties Jones Blair sells in, the majority of their sales come from the DFW area. Recently though, competition in the DFW area has risen in the do-it yourself market and more of their sales have come from outside of the DFW market and the professional painters segment. 2.
80% of Deere’s industrial sales were in Us vs only 43% for CAT * Segment distributed products through 433 dealers in 437 outlets. Not same as agriculture tractors dealers. Distribution network was second only to CAT. * Three different agreements with dealers: utility, construction, or forestry. Most dealers could sell tow and sometimes three lines * Deere granted 20% discoutns from list for sonstruction, 23% for utility, and 4.5% volume for most dealers.
Brian Beck MACC 6160 Koss Corporation Accounting Analysis Koss Corporation 2014 10K Highlights Because of the small size of Koss Corporations Market Capitalization the company has been deemed a smaller reporting company by the Securities and Exchange Commission. During 2014 approximately 88% of the Company’s fiscal year sales were for stereo headphones for listening to music. The remaining 12% were for headphones used in communications, educational settings and in a niche market for metal detecting. The Company’s product offering is not differentiated by the retail locations they are sold in nor is in the application they product is being sold (i.e. music listening or metal detecting).
As the demand for these smaller 25-60ft boats increase SS needs to become a driver in the market and industry to remain successful. Analyzing the high bargaining power of buyers this is where SS has stumbled upon to trouble. While having multiple choices and companies to choose from SS needs to set themselves aside in the small aluminum boat industry to saturate the market with their products. Not only delivering quality in their work but a reasonable project completion time as well as a competitive price against other competitors. The U.S. Army is currently looking for a new smaller 25-60ft boat that SS has put in three prototypes for.
Analysis of Home Improvement Industry 1. The competitive forces in the industry Rivalry among competing sellers: Home improvement industry is a mature industry which contains thousands home centers and hardware stores. Among these competitors, Home Depot, Lowe’s, Menard’s, and also Ace Hardware are the major players. Home Depot, which holds more than 50% of the market share based on the revenue it generated, is the market leader. And Lowe’s ranks second as it has 34% market share.
DFW is estimated to contribute 60% of market, wherein DIY buyers account for 70% in DFW and 90% in non DFW area. Although, 50 % of DIY paint market in DFW metropolitan area make their purchases through Mass merchandisers distributions, the distribution network are not able to retain the same in Non-DFW area due to lack of customer relation and service. Since half of architectural coatings dollar sales are from DIY painters, it would be right to target these customers. EVALUATION OF ALTERNATIVE COURSES OF ACTION 1) Increase in Advertisement Expense: An increase in Ad expense ($350,000) seems to be appropriate option. Since DIY buyers contributes maximum purchase share in architectural coating, they would be the first consumers to be targeted.
There is a huge variety of products in the Costco warehouses which include: groceries, appliances, candy, television and media, office equipment, toys, hardware, health and beauty aids, jewelry, watches, cameras, books and much more stuff, counting for almost 4000 products. The uniqueness of Costco is that it carries 100% guaranteed, top quality brands, with prices way below than those offered by traditional wholesalers. Costco Wholesale is the largest wholesale operator in the US, operating about 565 membership warehouse stores with almost 56 million card holders in about 40 countries including Unites States, Australia, Canada, Japan, Mexico, South Korea, Taiwan and the UK. · Business Mission The mission of Costco is to provide high quality goods at the lowest possible rates keeping in view the interests of the stakeholders. The mission for the company is well communicated at all levels.
Business Strategy Crown Cork and Seal Company, Inc. Matt Burnet 6 Oct 2009 Business Strategy Matthew Burnet Page 1/4 Student # 306657 Business Strategy Case Study Crown Cork and Seal Company, Inc 1. In 1977 there were 100 firms operating in the metal container industry, worth $7.1 billion, with the top four manufactures holding 52% market share. Industry growth was relatively modest, managing only 3.3% CAGR between 1967 and 1976. However, soft-drink and beer cans segment grew at a CAGR of 8.8% during this period, with ongoing high growth expected. The industry is moderately capitally intensive - up-front investment of $10-$15 million per line (two-piece cans), with instillations ranging from 1 to 5 lines.
Usually items at K-Mart are usually a couple of dollars higher than Wal-Mart. Walmart sells products that can not be found at K-Mart. Third, Wal-Mart and K-Mart have differences in accessibility and online shopping. Wal-Mart has thousands of units of stock over many countries. Unlike Wal-Mart, K-Mart has only a couple thousand units of stock over several countries.