The Market Share Leadership Award is based on global research by analysts and consultants and recognises the company for exhibiting market share leadership throughout the implementation of market strategy.
The award recognises Lincoln Electric‘s excellence in all areas of the market leadership process, including the identification of market challenges, drivers and restraints, as well as strategy development and methods of addressing these market dynamics.
The Customer Value Enhancement Award recognises the valuable relationships Lincoln Electric has developed with engineering, procurement and construction company contractors. Lincoln Electric also provides other value-added services, including technical expertise and competitive pricing. Through the development of competitive and quality products, the company continues to enhance its brand name by meeting customers’ challenges.
Lincoln Electric’s devotion to research and development of welding equipment and consumables sets the company apart as an innovator in the industry. Other strengths that have earned Lincoln Electric this designation include continuous upgrades of its existing product portfolio, a wide distribution network, a unique growth strategy, strong customer support, and an increasing market share.
To learn more about Frost & Sullivan’s 2010 Best Practice Awards, visit their website.
For more information on Lincoln Electric, visit www.lincolnelectric.com.au