Transcript Document
Kensington Docking Stations US Sales meeting – Fall 2009 May 12, 2009 Agenda Docking Station Category Vision Market Insights Fall 2009 Product Launches Competitive Landscape 2009-2010 Marketing Plan Closing Comments Category Vision July 20, 2015 2 Vision To drive for market leadership in non OEM docks & convert SMB-SOHO customers to Kensington Universal Docking Stations to grow our market share to 2% by 2010 Firms with fewer than 500 employees accounts for 55.8 percent of total US employment * * Bureau of labor statistics (1992-2005 survey) July 20, 2015 3 Market Insights July 20, 2015 4 Docking Station Category NPD (Port Replicators, Docking Stations) FY 2008 Revenue NPD (Port Replicators, Docking Stations) FY 2008 Unit Share – 3rd Party 290M $, 2M units in 2008 Kensington is #1 Third Party Vendor in US Doubling our market share to 2% would represent 6M$ of revenue for Kensington July 20, 2015 5 Kensington Position smart made simple TM Kensington is the world’s #1 third party vendor of notebook docking solutions (Context/NPD), Our solutions are universally compatible and are intuitive devices that are ready when you are. July 20, 2015 6 Fall 2009 Product Launches July 20, 2015 7 3 new products (replacing 3 old ones) Product Name Upgrades (vs previous) Port Configuration Universal Multi-Display Adapter Universal Docking Station with VGA/DVI Universal Docking Station with VGA/DVI and Ethernet (K33928 - dma HD) (K33930 - home dock) (K33926 - office dock) Video output supports “HD screens” (up to 2048*1152pixels) Video output supports “HD screens” (up to 2048*1152pixels) Video output supports “HD screens” (up to 2048*1152pixels) Video Video Video (VGA, DVI) (VGA, DVI) (VGA, DVI) [HDMI possible] Audio (Front headsets ports + speaker port Audio (Front headsets ports + speaker port USB Ethernet + Auto-sense) (4 back, 1 front) Securable + Auto-sense) USB (4 back, 1 front) Securable Differentiation Ethernet Between models Auto-Install KTG Differentiation Cosmetic (Black Front / Long Foot) Plug-n-Play (Vista) Plug-n-Play (Vista) Plug-n-Play for all Windows OS (inbox driver provided for XP-VISTA-MAC) (inbox driver provided for XP-VISTA-MAC) (Auto-install of driver provided, no support for MAC) Dualview Button Dualview Button (primary/dualview) (primary/dualview) Small Footprint Small Footprint (CES 2008 Award-winning microtower design) (CES 2008 Award-winning microtower design) Unique ID Replaces K33907 July 20, 2015 Replaces K33415 Replaces K33367 8 Fall 2009 – Office Cross-Category Theme “Nesting” in the Office (soho, smb) Productivity, – I can improve my work – The value of the purchase is more than the money spent Office Plug ‘n’ Play, – I know it will work – I have peace of mind: the money is well spent Adaptability – I can use it in more than one scenario – If my needs change, I don’t have to buy something new The Cross-Category Theme ‘Nesting’ in the Office (soho, smb) Fall 2009 Products • Universal Docking Stations • Universal Multi-Display Adapter • Universal Docking Station with VGA/DVI • Universal Docking Station with VGA/DVI & Ethernet Office “Nesting” in the Office – Productivity – Plug-n-Play Simplicity – Adaptability July 20, 2015 • Pro Fit™ Family • • • • • 2.4 GHz Wireless Desktop Set 2.4 GHz Wireless Full-Size Mouse USB/PS2 Wired Full-Size Mouse Retractable Mobile Mouse Orbit™ Trackball with Scroll Ring • Column Mount Family 10 Market Opportunity www.theTECHSHOP.net July 20, 2015 11 Lots of SOHO-SMB targeted laptops to cross-sell our universal docking station July 20, 2015 12 Why will SOHO/SMB customers love our Universal Docking Station? • Universal Appeal – – (works with any brands) (adapts to multiple users) • Lower your Cost of Ownership – (your dock will not have to change with your notebook) • Unleash your Productivity – – (multi display) (Simple Step to connect to everything you need) Washington Post 1/29/09 During the last 2001 recession, 1–4 employees & 5–9 employees firm sizes were the fastest to recover July 20, 2015 13 Who are these customers? •Freelance Workers •Sales Representatives •Traditional Office workers with Shared HOME OFFICE • Computing Labs • Hot Desk Environment July 20, 2015 14 Competitive Landscape July 20, 2015 15 Competition Targus – offer similar solution but do not have the technology behind the product, very poor performance, no MAC support, inferior product range, sales decreased by 60% in 2 years www.targus.com/us Belkin – currently only offers an express card solution, just discontinued, due to poor sales. behind in design/development, no MAC support www.belkin.com Startech – Offer USB video products (multi-display adapter, docking station) in B2b and Retail. Off the shelf products, often don’t have quality technology to support their product www.startech.com Toshiba – OEM solution, good looking docking solution with displaylink technology, offer surround sound but is expensive www.toshiba.com Hewlett-Packard – OEM solution, basic USB docking solution and multi-display adapter with displaylink technology, cross-sold to SMB notebook & netbook. Aggressive street price, low channel margin www.hp.com Lenovo – OEM solution, USB docking solution and multi-display adapter, cross-sold to corporate notebook. manufactured by Kensington www.lenovo.com Sony – July 20, 2015 OEM solution, very expensive www.vaio.sony.com 16 Competitive Snapshot K33926 K33930 HP Toshiba Targus (aka “office dock”) (aka “home dock” USB 2.0 Docking Station Dynadock U – universal USB connect docking station Universal Laptop Docking Station with video (ACP50US) Recommended Street Price $149.99 $129.99 $139.99 $149.99 $149.99 ($105 – channel price) ($84 – channel price) (~$115 – channel price) Positioning •Universal •Universal • For SOHO customers • Universal USB Connect • Universal USB •For SMB-SOHO customers • Compatible with certains HP laptops •For SMB-SOHO • For SMB - SOHO (Brown Box Pack) ( Retail Packaging ) (Brown Box Pack) (Retail Packaging) (Retail Packaging) Auto Install (no CD) No (PnP via net) Auto Install (no CD) No (CD – no PnP) No (CD – no PnP) HD screen capable HD screen capable Non HD screen HD screen Non HD screen Ethernet No Ethernet Ethernet Ethernet Front Headset / Back Speaker Front Headset / Back Speaker Back Headset (audio in & out) Front Headset / Back Speaker (7.1 surround Back Headset (audio in & out) 5 USB 5 USB 4 USB 6 USB 4 USB “always on” USB “always on” USB No no (sleep state works) “always on” USB Securable Securable Securable Securable No Product Size Minitower Minitower Flat (3x desk space) Tower Flat (3x desk space) Key Differentiator • Auto-Install (no CD) • Mac & PC • HP compatibility • Toshiba • Universal • HD screen / Dualview button • HD screen / Dualview button • Auto-install (no CD) • Universal • “always on” USB • Minitower • Minitower • Surround Sound • Value price Features / Port Configuration July 20, 2015 •For SMB - SOHO 17 Competitive Snapshot Price Point Positioning Features & Benefits K33928 HP EVGA Startech (multi-display adapter) (USB Graphic Adapter) $79.99 $59.99 $49.99 $109.99 ($56 channel price) ($52 channel price) •Multi-display adapter •For SMB-SOHO •Multi-display adapter •Multi-display adapter •Multi-display adapter •For SMB •For SMB-SOHO •For SMB-SOHO (retail packaging) (brown box packaging) (retail packaging) • 1 computer + 6 adapters = 6 monitors • 1 computer + 6 adapters = 6 monitors • 1 computer + 6 adapters = 6 monitors • 1 computer + 6 adapters = 6 monitors • HD screen capable (up to 2048*1152pixels) • non HD screen • non HD screen • non HD screen • Limited to 1600*1200 pixels (<22in screen) • Limited to 1400*900 pixels (<19in screen) • Limited to 1400*900 pixels (<19in screen) Text • PC • PC only • PC only • compatible with HP system • Value Price • DVI, VGA, HDMI possible thru optional adapter • Mac & PC Key Differentiator • HD screen capable • universal (mac-PC) July 20, 2015 18 2009-2010 Marketing Plan July 20, 2015 19 2009 Marketing Plan Summary Vision To drive for market leadership in non OEM docks & convert SMB-SOHO customers to Kensington Universal Docks to grow our market share to 2% by 2010 Business Objectives 2009-2010 * * * * July 20, 2015 Develop & Grow in the SMB-SOHO market Maintain and expand existing OEM partnerships Drive awareness of universal docking solution Deliver $6M revenue (next 12 months) 20 Multi-channel Message Our range is designed to save you money and give you flexibility • Universal Appeal – (works with any brands), (adapts to multiple users) • Lower your Cost of Ownership – (your dock will not have to change with your notebook) • Unleash your Productivity – (multi display), (Simple Step to connect to everything you need), Why Kensington? • World’s #1 third party vendor of notebook docking solutions • Lower price than OEM ($10-$30 lower channel price) • Enterprise Grade July 20, 2015 21 Tactics • Training with Displaylink - Wenesday Testimonial from Kensington - Benelux “After struggling to sell notebook docking solutions, on-site hands-on training and joint customer visits significantly raised awareness and market intelligence. In just over three weeks our sales figures increased beyond expectations! I would definitely recommend this hands-on training to other local regions.” Robert de Vries Sales & Marketing Manager – Benelux July 20, 2015 • Etail Channel Plan (Anne) - Thursday • Retail Channel Plan (Sophie) - Thursday • B2B Channel Plan (Kristy) – Thursday • PR plan (Christine) - Thursday 22 Is it a SMART strategy? July 20, 2015 23 (S)pecific (M)easurable Converting SMB-SOHO customers to KTG universal docking stations 2% market share (total docking station category - as defined by US NPD) (A)ggressive (R)ealtistic (T)imebound 6M$ revenue (2x KTG 2008 revenue) New SMB-SOHO line of laptops to attach too. Focus on SOHO-SMB opportunities that OEM laptops can’t focus Seed in Fall 2009 Harvest & Check in H1 2010 July 20, 2015 24 Let’s make PrimeTime TV… July 20, 2015 25 La Fin… July 20, 2015 26 July 20, 2015 27 Lots of new laptops to cross-sell our universal docks • Increased number of SMB / Commercial Laptops shipping without any custom port replicator from OEM laptop makers • Dell – Vostro – Ultra-slim Latitude (dell adamo) – Latitude netbook • HP Compaq nx series (SMB targeted laptops) • ACER, ASUS, Fujitsu,…. July 20, 2015 • Netbooks 28