eaton ppt group 3 thundercats
TRANSCRIPT
![Page 1: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/1.jpg)
THUNDERCATS Consulting Blair Belliveau, Denzel Brock,
Dominick Gary, Ryan Gunn & Amber Staker
Eaton Marina Power
and Lighting Case Analysis
![Page 2: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/2.jpg)
• Eaton SWOT analysis
• Competition Profile
• Product Repositioning
• Direct Sales Plan
• Public Relations Plan
• Indirect Sales Issues
• Strategic Partnerships
• The Hatteras Product
• Eaton Website Analysis
Agenda
![Page 3: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/3.jpg)
SWOT Analysis Strengths
• Leader in power distribution
• Multi-billion dollar parent company
• Established relationships with contractors
• 100% Eaton products inside and out
Weaknesses • Authorized dealer disconnect
• Lack of customer testimonials
• Low product replacement outside of
hurricane areas
• Lack of marketing towards RV and
residential docks
• Social media presence
Opportunities • Extended limited warranties on internal
components
• Increased digital marketing on partner sites
• Inbound marketing content
• Market Hatteras as “Residential Model”
• Trade Up program
• Bundle packages with other Eaton products
• Market existing installations, ongoing
projects, etc.
Threats • Price inconsistency across channels could
upset customers who pay higher prices
• Competitor has patent pending on visual
trip notification
• Hypower PowerSnap® Technology
• Hypower‘s industry ties
• Non-compete clause for former owner has
expired
![Page 4: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/4.jpg)
Profile of Competition
Steady/Shrinking
• Marina Power
• International Dock Products
• Rolec
• Accmar
• Midwest
• Milbank
• Sea Technology
Growing
Source: http://marinaelectricalequipment.com/index.asp
![Page 5: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/5.jpg)
Standards in Shore Power: What Eaton has in common with competition
• ADA compliant, > NEC and NFPA requirements
• Single, dual, or combination of 30A, 50A or 100A receptacles
• Lockable doors to outlets and panel
• 360° lighting
• UV resistant finish
• Single or dual hose bibs
• Optional phone, cable TV, and internet connections
• Optional metering - electric and water
• At least 1 year limited warranty
![Page 6: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/6.jpg)
Hypower Power Port Pedestal
• UL certified
• Brass connectors/stainless steel screws at
high stress points
• PowerSnap® panels
• PowerSnap® Hurricane Weather Base
• Amber or Clear lens for 360° LED lighting
• White, blue or green lid colors
• Custom logos
• Limited 3 year warranty on exterior
components
http://powerpedestal.com/wp-content/uploads/sites/6/2012/05/FirePedstal_IMG.png
![Page 7: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/7.jpg)
Marina Electrical Equipment
Harbor Light SS Pedestal
• Intertek-ETL Listed (alternative to UL
certification)
• One standard color = white
• Different brands for panels and receptacles
• Limited 7 year warranty on exterior components
http://marinaelectricalequipment.com/products/Harbor-light-ss-HLSS30100.asp
![Page 8: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/8.jpg)
Eaton Lighthouse Pedestal
• UL certified
• 20A/125V Eaton GFI Receptacle
• Transient Voltage Surge Suppressor
– Protection from Voltage Surges, Spikes or
Lightning on the AC Power Line
– Extends 1 Year Standard Warranty on
Internal Parts to 3 Years
• Custom colors for 360° LED lighting
• Custom colors for pedestal body
• Limited lifetime warranty on exterior
components
Source: http://shopelectrical.eaton.com
![Page 9: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/9.jpg)
Source: http://shopelectrical.eaton.com
“Commercial” “Residential”
Repositioning
of Lighthouse & Hatteras
![Page 10: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/10.jpg)
Lighthouse Positioning Target
Marina electrical contractors in the
coastal United States
Points of Difference
Most customizable tower on market
Superior product quality control
Eaton brand name recognition
Frame of Reference A commercial electrical power
distribution unit used primarily in
marinas.
Reasons to Believe
Custom colors for body and lighting
100% Eaton products inside and out
#1 in commercial and industrial power
distribution
![Page 11: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/11.jpg)
Lighthouse Marketing Mix Product
Price
$864.27 - $1028.61
Place Direct Sales Force divided by region
Indirect Sales through Authorized
distributors
Online sales through Eaton.com
Promotion
Product Demo Video
White Papers
Webinars
Online Sales Consultant
Disaster Relief
A commercial electrical power
distribution unit used primarily in
marinas.
![Page 12: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/12.jpg)
Direct Sales
• In-house Sales Force
• Divide Sales Representatives into 3 regions:
• East Coast
• Gulf of Mexico
• Great Lakes & Mississippi River
• Focus best efforts on hurricane ravaged
areas of coastal United States
![Page 13: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/13.jpg)
Major Hurricane Paths
(2000 – 2014)
United States Department of Commerce | National Oceanic and Atmospheric Administration | National Ocean Service
![Page 14: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/14.jpg)
$0
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
$140,000
$160,000
$180,000
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Annual Hurricane
Damage by Year (in millions)
![Page 15: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/15.jpg)
Public Relations Efforts
Before the Storm Get the name out there-
need to be first in
customer’s minds when it
counts
Provide contact info-
waterproof cards,
magnets, etc.
Maintain databases to
ensure smooth customer
experience
Train online and phone
sales reps to handle
replacement calls for after
storms
Disaster PR After the Storm Build a power truck with
Eaton generators, and wifi
hotspot
Provide “power stations”
along the grid as it comes
up
Reuse equipment for
multiple storms
Set up a nonprofit
subsidiary for tax
purposes
![Page 16: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/16.jpg)
Case in Point
![Page 17: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/17.jpg)
Indirect Sales
![Page 18: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/18.jpg)
Distributor Issues
![Page 19: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/19.jpg)
Distributor Issues
![Page 22: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/22.jpg)
• International Brotherhood of Electrical Workers (IBEW)
• Currently have 4 certified Installers that are Union Affiliated
• Opportunity to go through Local #’s in Great Lakes and Gulf target areas
Strategic Partnerships
![Page 23: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/23.jpg)
Local 24 (MD) Local 26 (MD) Local 41 (NY) Local 86 (NY) Local 130 (LA) Local 131 (MI) Local 134 (IL) Local 158 (WI) Local 245 (OH) Local 349 (FL) Local 479 (TX) Local 527 (TX) Local 531 (IN) Local 557 (MI) Local 903 (MS) Local 915 (FL) Local 1015 (TX) Local 2150 (WI)
Strategic Partnerships
![Page 24: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/24.jpg)
The Hatteras Market the Hatteras as “Residential”
Prevents cannibalization of Lighthouse in marinas
Safer and more reliable than “DIY” shore power
![Page 25: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/25.jpg)
Hatteras Positioning Points of Difference
A customizable compliment to home
Superior product quality control
Safer alternative to DIY shore power
Eaton brand name recognition
Reasons to Believe
Custom colors for body and lighting
100% Eaton products inside and out
Designed to supply power dockside
#1 in residential power distribution
Target
Homeowners with residential docks
Frame of Reference A residential electrical power
distribution unit used primarily in
private docks and RV parks.
![Page 26: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/26.jpg)
Hatteras Marketing Mix
Place Online sales through Eaton.com
Future sales in retail locations based
on incentive programs for employees
placing customer order
Promotion
Online Sales Consultant/Live Chat
Product Demo Video
Webinars
Displays in specific retail locations
Full page ads in top boating magazines
Boat show demonstrations
Product
A residential electrical power
distribution unit used primarily in
private docks and RV parks.
Price
$397.98 - $658.35
![Page 27: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/27.jpg)
Retail Presence
![Page 28: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/28.jpg)
Where is MPL? No easy access like hydraulics..
Website Analysis
![Page 29: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/29.jpg)
Website Analysis
![Page 30: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/30.jpg)
No customer support
for marina…
![Page 31: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/31.jpg)
No Marina Videos
![Page 32: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/32.jpg)
No Marina White Papers
![Page 33: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/33.jpg)
No Customer Success Stories
![Page 34: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/34.jpg)
Focused..cleaner..
accessible
HYPOWER
![Page 35: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/35.jpg)
Testimonials
![Page 36: Eaton PPT Group 3 Thundercats](https://reader036.vdocuments.mx/reader036/viewer/2022062223/58a21c2a1a28abff418b5ea5/html5/thumbnails/36.jpg)
Summary
• Reposition Hatteras to “Residential” to
help stop product cannibalization
• Focus direct sales efforts in Gulf Coast
and East Coast hurricane areas
• Consistent distributor sales process
• Increase website efficacy
• Create inbound marketing strategy