This presentation provides an overview of Adidas, including its target group, values, strengths, weaknesses, opportunities, and threats. It also offers recommendations on how Adidas can eliminate threats and utilize opportunities.
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CLIENT AND MARKET -A STUDY ON ADIDAS
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ABOUT ADIDAS •Adidas is one of the biggest sports apparel producer in the globe •The positioning of adidas is passion for sports •The USP of adidas is clothing, sports gear and other accessories
•The target group of Adidas are urban upper and upper- middle class •The vision of adidas is to enhance environmental as well as social performance and strives to be world’s leader in sports industry •The core competencies of Adidas are-strategic expansions, technology and innovation
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VALUES OF ADIDAS •Customer focused •Global enterprise •Innovative as well as design leaders in the market •Dedicated to deliver financial outcome •Committed to strengthen brands and goods
TWO SEGMENTS THAT ADIDAS TARGET Click icon to add picture DemographicSegmentation-Itreferstodivisionof marketintogroupsonthebasisofdemographic variablessuchasage.adidasbrandproducts according to lifecycle and gender segmentation. Psychographic Segmentation-It relates to the division of market into groups based on lifestyle, social class, personalityfeatures.adidasmainlyfocusonthe social class as individuals within given social class apt to have similar purchasing behaviour.
POSITIONING STRATEGY OF ADIDAS •Adidas establishes their positioning on the basis of cresting values as well as beliefs •Adidas has market segmentation that facilitates them to build up positioning
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•Adidas invest huge amount of money on sports events as well as sports club across the globe for promoting and positioning impressions of Adidas sports products •Adidas also uses celebrity and clubs for endorsing products and positioning products in the market
TWO STRENGTHS OF ADIDAS Click icon to add picture •Adidas has diversified product portfolio with different range of sportswear and equipment’s to accessories under the brand name adidas •Adidas has effective distribution system for its goods available through varied channels. they sell their products from the online stores to supermarket stores.
TWO WEAKNESSES OF ADIDAS Click icon to add picture •Adidas has premium price range for productsowingtoproduction methodsandinnovativetechnology, which made this brand affordable to the customers. •Adidas outsources manufacturing to the third party producers for availing lowlabourcostandavailabilityof resources
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TWO EXTERNAL OPPORTUNITIES ADIDAS FACE Click icon to add picture •Tie-up with the emerging sports clubs, sport teamsandplayersinternationallycan enhance the brand presence of adidas •Expanding the product line can open new opportunities but at the same time it might differentiate itself from rivalries.
TWO THREATS ADIDAS FACEClick icon to add picture •Adidas faces threat from other rival brand whomanufacturesportsequipmentas well as accessories at low cost •Adidas is facing fierce competition from otherbrandsuchasnikeandadidas being in the second position in premium segment.
RECOMMENDATIONS ON HOW ADIDAS ELIMINATE THREATS AND UTILIZE OPPORTUNITIES •Adidas should address concern in relation of competition, imitation, patent protection, labour practices. it is suggested that adidas should reform strategies in all these areas. •Adidas should also collaborate with the government units for addressing patent protection problems.
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CONCLUSION •Adidas has been positioned second biggest and popular player in athletic footwear sector •Each enterprise in the sector has been trying to decrease its production cost by shifting manufacturing to the Asian markets •This enterprise has strengthened the market after the integration. •Implementation of effective strategy helps adidas to gain competitive advantage. adidas also focuses on core competencies and engage into marketing as well as branding
REFERENCES •Lagnese, M., 2017. how the adidas group's corporate strategy has resulted in growth and increased profitability within the sportswear industry. •Mahdi, H.A.A., Abbas, M., Mazar, T.I. and George, S, 2015. a comparative analysis of strategies and business models of nike, inc. and adidas group with special reference to competitive advantage in the context of a dynamic and competitive environment.international journal of business management and economic research,6(3), pp.167-177.