Electrolux has completed its transformation from a manufacturing company into an innovative, consumer-driven company with an organization built on a strong understanding of evolving consumer needs.
Read moreProduct development
Energy-efficiency, speed, simplicity and individual solutions are some of the needs identified by Electrolux through interviews and home visits to users of household appliances. Consumer insight is at the core of all product development at Electrolux, and in 2010 a large number of households were visited worldwide.
All new Electrolux products are born out of the Group’s process for consumer-driven product development, which is a holistic process for managing products – from the cradle to the grave. The time to market (TT M) differs between regions. For example, TT M in Brazil is only about 18 months. Electrolux focuses on developing products within profitable segments and for markets displaying strong growth. The products are primarily aimed at customers in the premium segments.
In 2010, Electrolux invested approximately 1.9% of Group sales in product development. Product development is based on global collaboration and coordination of launches between various product categories. The number of new products generated by consumer-driven product development has grown rapidly in recent years, providing an improved product offering and a growing number of successful launches.
Electrolux RealLife® is a dishwasher designed for the 21st century. Below you can read more about the underlying process and the successful launch of the product.
Development of RealLife
Several consumer market surveys were conducted to understand the most important factors when buying a dishwasher. An important conclusion was that nobody loads their dishwasher in the same way.
The winning concepts were translated into features and functions such as FlexiSprayTM Arm and RealLife® Baskets to fit and clean items of any size and shape.
The RealLife® dishwasher is developed for the “real life” in a modern household, where consumers want to be able to fit everything into the dishwasher and get everything properly cleaned, no matter how the machine is loaded. RealLife® was launched in March 2010.
Keith McLoughlin on consumer insight
“No product in Electrolux should be produced without a decision regarding the consumer need that it will fulfil. This is one of the best proofs that Electrolux has changed from being a manufacturing engineering led company to be a consumer marketing driven company. This is what we mean when we say Electrolux is the Thoughtful Design Innovator. The message could also be summarized with Electrolux selling line: Thinking of you,” says Keith McLoughlin, President and CEO.
A strong global brand, attractive design and innovative products provide Electrolux with the competitive edge to increase sales and capture market shares. The Electrolux brand is now positioned in the profitable premium segment throughout...
Read moreIncreased investment in product development and brand communication presupposes lower production costs and less capital tied up in manufacturing.
Read moreGroup Management includes the President, the six business sector heads and six Group staff heads.
Read moreThe Board of Directors consists of nine members, without deputies, who are elected by the Annual General Meeting for a period of one year.
Read moreElectrolux aims at implementing strict norms and efficient processes to ensure that all operations create long-term value for shareholders and other stakeholders.
Read moreAt the design fair in Milan, Electrolux has presented the Inspiration range - its entirely new kitchen and laundry range for the European markets.
Read moreThe Cube by Electrolux will open in London atop of London's Royal Festival Hall from 1st June until 30th September 2012.
Read moreImproved earnings resulting from sales growth and higher prices
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