Keith McLoughlin in IFA keynote speech: Consumers are in the driver’s seat for growth
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Transcript of Keith McLoughlin in IFA keynote speech: Consumers are in the driver’s seat for growth
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CONSUMERS ARE IN THE DRIVER’S SEAT FOR GROWTH
KEITH McLOUGHLIN PRESIDENT AND CEO, ELECTROLUX
IFA, BERLIN, SEPTEMBER 2, 2011
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WHERE ARE WE TODAY?
NEW CONSUMERS
NEW TECHNOLOGY�
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THE IDEAS, LIFESTYLES, DEMANDS AND �BEHAVIOR OF PEOPLE WILL ALWAYS TRIUMPH OVER POLITICAL AGENDAS OR BUSINESS PLANS.�
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PROOF THAT CONSUMERS �ARE IN THE DRIVER’S SEAT� WORD-OF-MOUTH
GLOBALIZED MEDIA
CORPORATE EXPECTATIONS
CUSTOMER EXPERIENCE
AFTER SALES
CONSUMER PULL�
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IS IT POSITIVE THAT CONSUMERS �ARE IN THE DRIVER’S SEAT?��YES, IT IS!�
�
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WHAT IS REQUIRED FROM THE APPLIANCE BUSINESS?�
HIGHER DEMANDS ON QUALITY, SERVICE, TRANSPARENCY AND FUNCTIONALITY
PRODUCTS/SERVICE BLENDING
BRAND LOADING
FLEXIBILITY
�
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HOW IS ELECTROLUX MEETING THIS NEW REALITY?�
THOUGHTFUL DESIGN INNOVATOR
CONSUMER INSIGHT
STRONG HERITAGE
BRAND FOCUS
�
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AEG NEUE KOLLEKTION�
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AEG PROCLEAN
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ELECTROLUX ERGORAPIDO�
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WHAT IS THE CONCLUSION?�
GLOBALIZATION AND NETWORK SOCIETY IS CHANGING THE APPLIANCE INDUSTRY
POWER IS SHIFTING TO CONSUMERS
THIS IS POSITIVE
THE INDUSTRY HAS TO ADAPT TO THIS�
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FOR MORE INFORMATION ON ELECTROLUX, VISIT: ��BOOTH 101 (HALL 4.1) ��WWW.ELECTROLUX.COM