History: Founded in 1984, Qingdao, China A refrigerator factory Current: First largest white goods brands in the world In 2010, Haier refrigerators, 10.4%, global market share Future: Five trends: large capacity, multiple doors, drawer type, intelligent, low carbon Fun fact Weaknesses Strengths Haier Opportunities Threat Well-known brand name Good service reputation High market share 10.4% in the world Innovation & Industry standards setting Lack of effective advertising publicity Lack of competitiveness in the international highend market Inadequate development of Internet technology Possible development of new products Expansion into new markets Joint –development with other companies With a high degree of competition among the industry. High threat of new entrants competing by lowering prices. The condition of more supply and less demand. On April 30, 1999, Haier Industrial Park in South Carolina. In March 2000, the first Haier refrigerator made in the USA In April 2006, Haier signed a partnership with the National Basketball Association. Germany. Italian. UK. "Three-in-One" localization strategy. Design Manufacture Marketing parent company control “Fake goods” How to control the relationship between the Haier’s company inside the country and oversea. The world's largest white Haier launched a series of overseas high-end refrigerators has been the United States, Germany, Korea, many appliance giant imitation parent company control more than 240 subsidiary companies, more than 30 countries around the world to expand local design centers, trade companies. face the greater challengers. clear responsibilities establish sound corporate governance system high degree of integration of resources “Fake goods” Many appliance in the USA, Europe, Korea imitate Haier “Casarte “ refrigerators patent protection standard upgrade maintain innovation power made in China It is possible that other company can imitate innovative products But it is impossible that other company can’t imitate innovative ability Haier SIEMENS BCD-318WSL KK28F89TI Long history international brand Leading design Intellectualized operation High cost performance Are expensive Easy operation BCD-649WADV GR-C 2 4 7JYL Haier LG Outward appearance fashion Large volume Quality of service VC fresh-keeping technology New internal refrigeration technology Steplessly frequency conversion technology Haier Midea Low price Increase fresh technology BCD-206TS BCD-276UEM High refrigerant technology Fashion outlook Power-saving technology The refrigerator becomes one of the necessaries The company produce various refrigerators The development of technology “Built in appliance” The eco-friendly refrigerator The upgrading of refrigerator Now the strategy of refrigerator company Designed by Massimo Zucchi 1.The various color & design refrigerator 2. Conduct eco-campaign 3. The remake Haier Brothers animation 1. Improve the Haier brand image to change the stereotype 2. Focus on glocalization ex) establish R&D institution 3. Keep the high market share in China ex) build school, hospital in China countryside Korea Culture Various kinds of Kim-Chi Kim-Chi Refrigerator 海尔是海 中国制造 Haier is a sea Made in China