Of course the moron doesn't understand the well-worn tactic of making a cheaper model under another brand name. Snapper can continue to be top-of-the-line (but what kid is going to buy one if his father bought a Wal-Mart model?) and the other model can be the cheapest they can make.
Makes for short term gains, but trashes your brand name long term.
WalMart wanted the brand Snapper. Another brand name would not do.
Of course the moron doesn't understand the well-worn tactic of making a cheaper model under another brand name.
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Walmart didn't want another brand name, which you'd have known if you'd read the article. They wanted cheaper (literally) with the Snapper name.
There is a reason why some people go on to be business executives, and some go on to be, say, math teachers.
Walmart already has these. It want's "the "Snapper" nameplate. Reducing quality for the lesser version would damage the higher ends reputation.
Kenmore.
I doubt "the moron" became a CEO through stupidity. What's your executive experience?
Yah, worked for black and decker...oh wait, nobody buying quality will consider black and decker..hence they had to buy DeWalt.
Crap products produce Crap branding. People remember.
Yeah, Jim Weir, former CEO of Simplicity, is a moron.
Are you a CEO? Or are you dumber than Jim Weir?