Establishment of quality companies in the market
The quality of products varies greatly with the manufacturer. Customers can look for two different categories of products ? rather expensive, yet quality products or less expensive cheap quality products. The selection and choice is always left to the customer. Most of the customers are aware of the impact and results of using branded and leading products in the market. This is the reason for the success of many manufacturers in this customer market.
Monster has been supplying cables for customers for several years. Retailers consider these monster cables as their major source of revenue. When other audio and video cables are least expensive and offer a low margin, monster cables provide major revenue through their high margin. Obviously this attracts retailers to market about the cables among customers. Customers can easily recognize the products through the difference in the audio and video quality. Similar is the case with monster power. When they offer leading and most advanced power conditioning, customers are greatly attracted to their products.
The success of Marantz is nothing different. They have been in the market after their successful establishment in the 1970’s. Their high quality audio products got them a successful market. This helped them to influence their customer group by late 1970’s.
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