{"product_id":"franklin-electric-business-model-canvas","title":"Franklin Electric Business Model Canvas","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eUnveiling the Blueprint: Electric's Business Model\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eDiscover the strategic engine behind Franklin Electric's success with our comprehensive Business Model Canvas. This detailed breakdown illuminates their customer relationships, key resources, and revenue streams, offering a powerful blueprint for understanding their market dominance. Download the full canvas to unlock actionable insights for your own business strategy.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eP\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eartnerships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDistributors and Channel Partners\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eFranklin Electric’s extensive global reach is powered by a robust network of distributors and channel partners. These collaborations are vital for accessing diverse markets, including residential, commercial, agricultural, industrial, and municipal sectors, ensuring localized sales and support. \u003c\/p\u003e\n\u003cp\u003eThe company’s distribution strategy is heavily reliant on these relationships, with 42% of its total distribution channels comprising 2,143 industrial equipment distributors worldwide. This significant number underscores the critical role these partners play in Franklin Electric’s market penetration and overall sales success.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eOriginal Equipment Manufacturers (OEMs)\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eFranklin Electric's collaboration with Original Equipment Manufacturers (OEMs) is a cornerstone of its business model, ensuring their specialized motors, pumps, and controls are integrated at the point of system design. This strategic alignment guarantees a predictable revenue stream and solidifies their position as a critical component supplier across diverse sectors like agriculture, water management, and HVAC. For instance, in 2023, Franklin Electric reported that its Engineered Products segment, which heavily relies on OEM partnerships, saw significant growth, contributing to the company's overall revenue of $2.1 billion.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTechnology and Innovation Partners\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eFranklin Electric actively collaborates with technology firms and research institutions to foster innovation in water and fuel movement. These partnerships are crucial for developing next-generation products and improving system efficiency, ensuring the company remains a leader in technological advancements.\u003c\/p\u003e\n\u003cp\u003eFor instance, in 2024, Franklin Electric continued to invest in R\u0026amp;D, with a significant portion allocated to exploring advanced materials and smart technologies for their pumps and fueling systems. These collaborations are key to introducing products with enhanced energy efficiency and connectivity, directly addressing market demands for sustainable and intelligent solutions.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAcquisition Targets\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eFranklin Electric strategically targets companies that complement its existing offerings or open new avenues for growth. This approach is crucial for expanding their product portfolio and enhancing their market presence.\u003c\/p\u003e\n\u003cp\u003eA prime example of this strategy is their acquisition of Action Manufacturing \u0026amp; Supply, Inc. in 2023. This move was specifically aimed at bolstering their capabilities within the water treatment systems sector.\u003c\/p\u003e\n\u003cp\u003eFurther demonstrating their commitment to strategic expansion, Franklin Electric acquired PumpEng Pty Ltd. in February 2025. This acquisition significantly strengthens their position in the mining industry by adding a specialized manufacturer of submersible pumps.\u003c\/p\u003e\n\u003cp\u003eThese acquisitions are not random; they are calculated steps to integrate new technologies and customer bases, driving overall business growth and market share.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e\n\u003cstrong\u003eAcquisition of Action Manufacturing \u0026amp; Supply, Inc. (2023):\u003c\/strong\u003e Expanded water treatment systems capabilities.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eAcquisition of PumpEng Pty Ltd. (February 2025):\u003c\/strong\u003e Strengthened presence in the mining sector with submersible pump expertise.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eStrategic Rationale:\u003c\/strong\u003e Focus on complementary product lines and market expansion.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSuppliers of Raw Materials and Components\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eFranklin Electric maintains critical relationships with suppliers of raw materials and specialized components. These partnerships are fundamental to ensuring a steady and cost-efficient flow of necessary inputs for their extensive product lines, thereby supporting consistent production and high product quality.\u003c\/p\u003e\n\u003cp\u003eThese supplier relationships are vital for operational continuity. For instance, in 2024, Franklin Electric's ability to manage supply chain disruptions, a common challenge across manufacturing sectors, directly impacted their ability to meet demand for their water systems and fueling solutions.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e\u003cstrong\u003eEnsuring consistent quality of essential inputs like metals, plastics, and electronic parts.\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eNegotiating favorable pricing to manage manufacturing costs effectively.\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eCollaborating on innovation and component development for new product introductions.\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eMitigating risks associated with supply chain volatility and geopolitical events.\u003c\/strong\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCollaborative Growth: Powering Market Access and Product Innovation\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eFranklin Electric's key partnerships are diverse, encompassing distributors, OEMs, technology innovators, and critical suppliers. These collaborations are essential for market access, product integration, and operational efficiency. The company strategically acquires complementary businesses to enhance its product portfolio and expand into new sectors.\u003c\/p\u003e\n\u003cp\u003eDistributors form a crucial part of Franklin Electric's go-to-market strategy, with 2,143 industrial equipment distributors worldwide representing 42% of its distribution channels. OEM partnerships are vital for embedding Franklin Electric's components into systems from the design stage, ensuring predictable revenue and market presence. For example, the Engineered Products segment, heavily reliant on OEM relationships, showed strong growth in 2023.\u003c\/p\u003e\n\u003cp\u003eIn 2024, Franklin Electric continued to invest in R\u0026amp;D through partnerships with technology firms and research institutions to drive innovation in areas like energy efficiency and smart technologies for their pumps and fueling systems. Strategic acquisitions, such as Action Manufacturing \u0026amp; Supply in 2023 and PumpEng Pty Ltd. in early 2025, highlight a focused approach to integrating new capabilities and strengthening market positions, particularly in water treatment and mining.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003ePartnership Type\u003c\/th\u003e\n\u003cth\u003eKey Role\u003c\/th\u003e\n\u003cth\u003e2023\/2024\/2025 Impact\/Data\u003c\/th\u003e\n\u003c\/tr\u003e\n\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eDistributors\u003c\/td\u003e\n\u003ctd\u003eMarket access, localized sales \u0026amp; support\u003c\/td\u003e\n\u003ctd\u003e2,143 industrial equipment distributors globally (42% of channels)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOEMs\u003c\/td\u003e\n\u003ctd\u003eProduct integration at design stage\u003c\/td\u003e\n\u003ctd\u003eDrove growth in Engineered Products segment (2023)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTechnology Firms\/Research Institutions\u003c\/td\u003e\n\u003ctd\u003eInnovation, next-gen product development\u003c\/td\u003e\n\u003ctd\u003eInvestment in advanced materials and smart technologies (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAcquisitions (e.g., Action Mfg., PumpEng)\u003c\/td\u003e\n\u003ctd\u003ePortfolio expansion, new market entry\u003c\/td\u003e\n\u003ctd\u003eAction Mfg. (2023) for water treatment; PumpEng (Feb 2025) for mining\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSuppliers\u003c\/td\u003e\n\u003ctd\u003eRaw materials, component provision\u003c\/td\u003e\n\u003ctd\u003eEnsuring consistent quality and managing supply chain volatility (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eA detailed breakdown of Franklin Electric's business model, covering key components like customer segments, value propositions, and revenue streams.\u003c\/p\u003e\n\u003cp\u003eThis canvas offers a strategic overview, highlighting Franklin Electric's operational strengths and market positioning.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eFranklin Electric's Business Model Canvas acts as a pain point reliever by providing a clear, visual representation of their complex operations, simplifying understanding for diverse stakeholders.\u003c\/p\u003e\n\u003cp\u003eIt offers a structured approach to identifying and addressing inefficiencies, thereby mitigating operational pain points for the company and its partners.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eA\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ectivities\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eManufacturing and Production\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eFranklin Electric's manufacturing and production activities are centered on designing, building, and distributing a wide array of products. This includes submersible motors, pumps, drives, and control systems crucial for water management.  In 2023, the company reported significant revenue from these core product segments, reflecting the scale of their global operations.\u003c\/p\u003e\n\u003cp\u003eThe company's extensive manufacturing footprint is a key aspect of its business model. Franklin Electric manages 28 manufacturing facilities strategically located across 12 countries. This global presence allows them to efficiently produce their diverse range of water systems, submersible motors, and fluid management equipment, catering to various regional demands.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eResearch and Development (R\u0026amp;D)\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eFranklin Electric's commitment to Research and Development is a cornerstone of its strategy, driving innovation across its product lines.  In 2023, the company invested $107.9 million in R\u0026amp;D, a significant portion of its revenue, to foster advancements in areas like electronic drives and controls. This focus allows for the integration of cutting-edge technologies, enhancing product performance and efficiency for customers.\u003c\/p\u003e\n\u003cp\u003eThe company's R\u0026amp;D efforts are particularly geared towards developing next-generation solutions for water treatment systems and promoting energy-efficient technologies.  This continuous investment ensures Franklin Electric remains at the forefront of technological evolution, offering solutions that address evolving market needs and environmental considerations.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal Distribution and Logistics\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eFranklin Electric's global distribution and logistics are crucial, managing a complex supply chain to deliver products efficiently worldwide. This involves operating numerous distribution centers and leveraging various transportation modes to serve a diverse customer base across over 160 countries.\u003c\/p\u003e\n\u003cp\u003eIn 2023, Franklin Electric reported that approximately 70% of its sales were generated outside the United States, highlighting the critical importance of its robust international logistics capabilities. This necessitates sophisticated inventory management and warehousing strategies to ensure product availability and timely delivery in all key markets.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSales and Marketing\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eFranklin Electric's sales and marketing strategy centers on a dual approach, utilizing both a direct sales force and an extensive distributor network to reach customers for its water and fuel movement systems. This multifaceted strategy ensures broad market penetration and effective product promotion.\u003c\/p\u003e\n\u003cp\u003eAs of 2024, the company bolstered its direct sales efforts with a dedicated team of 387 professional sales representatives. This investment in personnel underscores Franklin Electric's commitment to building strong customer relationships and providing expert product knowledge directly.\u003c\/p\u003e\n\u003cp\u003eThe distributor network serves as a crucial channel, amplifying Franklin Electric's market reach and providing localized support and sales expertise. This partnership model allows for efficient distribution and customer service across diverse geographic regions.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e\n\u003cstrong\u003eDirect Sales Force:\u003c\/strong\u003e 387 professionals as of 2024, focused on direct customer engagement.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eDistributor Network:\u003c\/strong\u003e Leveraged for broad market reach and localized sales support.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eProduct Focus:\u003c\/strong\u003e Water and fuel movement systems are the primary offerings promoted through these channels.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCustomer Support and Technical Service\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eFranklin Electric's commitment to customer support and technical service is a cornerstone of their business model, ensuring client satisfaction and fostering enduring partnerships. This involves offering comprehensive after-sales assistance, expert technical guidance, and reliable maintenance for their sophisticated product lines, including troubleshooting, repair services, and specialized product training.\u003c\/p\u003e\n\u003cp\u003eThe company's robust support network is vital for maintaining the operational efficiency of their water and fuel pumping systems, which are critical in various industries. For instance, in 2023, Franklin Electric reported a significant portion of their revenue was driven by aftermarket sales and services, underscoring the importance of this function. Their proactive approach to service, including remote diagnostics and readily available spare parts, minimizes downtime for customers.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e\n\u003cstrong\u003eAfter-Sales Support:\u003c\/strong\u003e Providing extensive support post-purchase to ensure customer satisfaction and product longevity.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eTechnical Assistance:\u003c\/strong\u003e Offering expert troubleshooting and repair services for complex pumping and fueling systems.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eProduct Training:\u003c\/strong\u003e Equipping customers and partners with the knowledge to effectively operate and maintain their equipment.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eMaintenance Services:\u003c\/strong\u003e Delivering scheduled and emergency maintenance to optimize system performance and prevent failures.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePowering Global Water \u0026amp; Fuel Systems\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eFranklin Electric's key activities revolve around the design, manufacturing, and global distribution of specialized water and fuel pumping systems. They invest heavily in research and development to innovate and enhance product performance, particularly in energy-efficient technologies.  Their sales and marketing efforts are a blend of direct engagement and a strong distributor network, supported by comprehensive customer service and technical assistance.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003eKey Activity\u003c\/th\u003e\n\u003cth\u003eDescription\u003c\/th\u003e\n\u003cth\u003eSupporting Data\u003c\/th\u003e\n\u003c\/tr\u003e\n\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eManufacturing \u0026amp; Production\u003c\/td\u003e\n\u003ctd\u003eDesigning, building, and distributing submersible motors, pumps, drives, and control systems.\u003c\/td\u003e\n\u003ctd\u003eOperates 28 manufacturing facilities in 12 countries.\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eResearch \u0026amp; Development\u003c\/td\u003e\n\u003ctd\u003eInnovating next-generation water treatment systems and energy-efficient technologies.\u003c\/td\u003e\n\u003ctd\u003eInvested $107.9 million in R\u0026amp;D in 2023.\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGlobal Distribution \u0026amp; Logistics\u003c\/td\u003e\n\u003ctd\u003eManaging a complex supply chain to deliver products to over 160 countries.\u003c\/td\u003e\n\u003ctd\u003eApproximately 70% of sales in 2023 were international.\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSales \u0026amp; Marketing\u003c\/td\u003e\n\u003ctd\u003eUtilizing a direct sales force and an extensive distributor network.\u003c\/td\u003e\n\u003ctd\u003eEmployed 387 direct sales representatives in 2024.\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCustomer Support \u0026amp; Technical Service\u003c\/td\u003e\n\u003ctd\u003eProviding after-sales assistance, technical guidance, and maintenance.\u003c\/td\u003e\n\u003ctd\u003eAftermarket sales and services drove a significant portion of revenue in 2023.\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003eWhat You See Is What You Get\u003c\/span\u003e\u003cbr\u003e Business Model Canvas\u003c\/h2\u003e\n\u003cp\u003eThe Franklin Electric Business Model Canvas preview you are viewing is the exact document you will receive upon purchase. This comprehensive tool, meticulously crafted, offers a complete and unedited snapshot of the strategic framework. You can be confident that the insights and structure presented here are precisely what you will gain full access to, ready for immediate application.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"MatrixBCG","offers":[{"title":"Default Title","offer_id":55611313652089,"sku":"franklin-electric-business-model-canvas","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0911\/3554\/1625\/files\/franklin-electric-business-model-canvas.png?v=1754755122","url":"https:\/\/growthsharematrix.com\/products\/franklin-electric-business-model-canvas","provider":"Growth Share Matrix","version":"1.0","type":"link"}