To a certain degree they had to do that, it was a new business afterall. One big problem was there wasn't an easy quick way to identify which customers were coming and which were not and then tune the offer.
@Value_Hunter
Marketing didn't really ramp up until there was a national presence. NSW was a problem getting land approvals, so nationall;y the marketing had to wait beyond where it should have. HTH (or rather Danks) was a HW wholesaler with some stores. The Danks management probably should have been more involved and the US management less.......they were a good hard nosed bunch that probably should have been listened too.
As for appealing to women.....well as much as we hate to admit it, statistics say that hardware is a mans world. Maybe the garden area should have been boosted up a bit....who knows.
But you are both correct, mgt made some mistakes and then didn't move to adjust to the market fast enough.
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Last
$30.19 |
Change
-0.010(0.03%) |
Mkt cap ! $43.04B |
Open | High | Low | Value | Volume |
$30.36 | $30.38 | $30.13 | $7.079M | 233.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 12233 | $30.18 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$30.19 | 352 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 9896 | 30.470 |
2 | 29098 | 30.460 |
3 | 19546 | 30.450 |
3 | 31437 | 30.430 |
3 | 30990 | 30.420 |
Price($) | Vol. | No. |
---|---|---|
30.480 | 3424 | 2 |
30.510 | 4695 | 1 |
30.540 | 52567 | 3 |
30.560 | 64531 | 5 |
30.570 | 11231 | 2 |
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