Rayovac Essay

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Rayovac Case In September of 2005, vice-president of sales and marketing for Rayovac Batter, Bob Falconi was stuck in a difficult situation. Rayovac is the 3rd largest battery manufacturer and marketer in the world, with products sold in North America, Europem Asia, Middle East, Africa, Latin America, and Brazil. They offer many products including batteries, (alkaline, and rechargeable) hearing aid batteries, shaving and grooming products, lighting, and also personal care products. The company began operations in 1906 however the Rayovac name was not introduced until the 1930’s. Eventually Rayovac entered the competitive household battery market, but this was long after Duracell, and Energizer were established in this market. Rayovac had begun to make great strides in order to attempt to gain ground on its competitors, as acquisitions were made to access international markets, which included Europe, China, and Brazil. Globally, Rayovac held a 14% market share, with 20% share in the Canadian market. In 2003 Rayovac bought Remington Products Inc, and in February of 2005 they Rayovac acquired United Industries Corporation, a leading manufacturer of consumer lawn and garden care products, and insect products. This move allowed Rayovac to extend their portfolio, and also access new retailers such as Home Depot, and RONA. Ultimately these gains didn’t favor one segment over another instead in gave Spectrum the ability to compete within its given market. The rechargeable batteries market in 2004 represented only 5% of the North American battery market, and 10% of the Canadian market. These percentages are low for several reasons. Consumers are reluctant to purchase the upfront investment of the charger, the high cost per battery relative to alkaline units, and also the lack of knowledge of the new technology by the consumer. Duracell and Energizer see this

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