CAT, also known as "cat", designs, manufactures, markets and sells machinery and engines. Caterpillar was ranked number one in its industry and number 44 overall in the 2009 Fortune 500. CAT's strategy for its marketing is actually the same as what is done in mayo clinic.
CAT, also known as "cat", designs, manufactures, markets and sells machinery and engines. Caterpillar was ranked number one in its industry and number 44 overall in the 2009 Fortune 500. CAT's strategy for its marketing is actually the same as what is done in mayo clinic.
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CAT, also known as "cat", designs, manufactures, markets and sells machinery and engines. Caterpillar was ranked number one in its industry and number 44 overall in the 2009 Fortune 500. CAT's strategy for its marketing is actually the same as what is done in mayo clinic.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online from Scribd
• Caterpillar Inc., also known as "CAT", designs, manufactures,
markets and sells machinery and engines and sells financial products and insurance to customers via a worldwide dealer network. • Caterpillar is the world's largest manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. • With more than US$7 billion in assets, Caterpillar was ranked number one in its industry and number 44 overall in the 2009 Fortune 500. • Caterpillar stock is a component of the Dow Jones Industrial Average. A Brief History • Caterpillar Inc. traces its origins to the 1925 merger of the Holt Manufacturing Company and the C. L. Best Tractor Company, creating a new entity, the California based Caterpillar Tractor Company. • In 1986, the company re-organized itself as a Delaware corporation under the current name, Caterpillar Inc. • Caterpillar's headquarters are located in Peoria, Illinois, United States. Mission of ‘CAT’ • ‘Caterpillar will be the leader in providing the best value in machines, engines and support services for customers dedicated to building the world's infrastructure and developing and transporting its resources. We provide the best value to customers.’
• ‘Caterpillar people will increase shareholder value by aggressively
pursuing growth and profit opportunities that leverage our engineering, manufacturing, distribution, information management and financial services expertise. We grow profitably.’
• ‘Caterpillar will provide its worldwide workforce with an
environment that stimulates diversity, innovation, teamwork, continuous learning and improvement and rewards individual performance. We develop and reward people.’
• ‘Caterpillar is dedicated to improving the quality of life while
sustaining the quality of our earth. We encourage social responsibility.’
Source : www.Cat.com Adding Value
• In this world, there are many heavy machinery
factory like Komatsu, Hitachi, Volvo, New Holland, Caterpillar, etc. • All the manufacturer produce qualified products. But, Caterpillar leads the sales. Its products are used everywhere in this world. • What the factory's strategy for its marketing is actually the same as what it is done in Mayo Clinic. Caterpillar uses CARING for its customers. So what kind of caring does Caterpillar implement? • Humanizing human is the answer. • It treats the customer like human. • Let's see deeper - Its customer uses the machinery in a place that it is hard to achieve. It is maybe in the jungle or in the middle of the sea. Caterpillar knows better what its customers need. • Spareparts! - Yup, how good the product is made, it can be broken. To ensure the guarantee of sparepart availability , the company makes a beautiful marketing tag line. The tag line is something like this:
• "48 Hours Part Service Anywhere in the world
or Caterpillar Pays" • That tag line gives a sensational offer for Caterpillar's customer. • This marketing strategy has made the company win the battle in the machinery market. • As Caterpillar fulfill its tagline, it becoming the adding value for the company. • The customer will feel really sure to use the product as the company guarantee the part service availability. This is how CARING is used in Caterpillar.