Market Share: Market Reach x Weighted retail penetration-(availability in stores)
Distribution Indicator: Market share is a distribution indicator where Market share is the no of TV sold by your brand/total TVs sold) How will you improve the market share? o Increase either MR o WRP (However, WRP should not be 100% as it will have higher cost of logistics and less drive for competitions between buyers) Sony market share – Not more than 10% Samsung has 20% market share in the industry. “The Japanese electronics maker Sony ended 2020 with a 40% market share in the CIS market, 2% lower than 2019. Meanwhile, Samsung witnessed an increase of 1% in its market share from 21% in 2019. In 2020, Samsung held a 22% market share in the CIS industry”
Buyer Definition
First time buyer is a Non-Category User. The market share comprises of both first buyers and second time
Strategy
Sony’s strategy – Focused on innovative products at economical pricing
Samsung’s strategy – Focused on superior innovative product at premium pricing