Adidas Marketing Mix: Analyzing Product, Price, Place, Promotion

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Case Study
AI Summary
This case study provides an analysis of Adidas's marketing mix, focusing on the 4Ps: product, price, place, and promotion. Adidas, a leading multinational corporation in sportswear manufacturing, emphasizes high-quality products across its extensive product line, including footwear, sportswear, and accessories. The company employs a premium pricing strategy that reflects the quality and innovation of its products, though this may impact affordability in developing nations. Adidas utilizes various distribution channels, including franchises, specialty stores, and online platforms, to ensure global reach. Promotion strategies involve social media, 360 branding, and endorsements by leading athletes. The report concludes with recommendations for Adidas to consider reducing prices to capture a larger market share by attracting a broader customer base. Desklib offers this and other solved assignments to aid students in their studies.
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Abstract
Adidas is considered as the largest company and the company focuses on offering quality goods
to the customers. The purpose of the report is to consider the marketing mix of Adidas. The
method that will be used in this report is secondary data and also the overall products offered in
the market and their price, promotion and place will be analyzed. It has been analyzed that the
company has a good position in the market and just because of this goals and objectives are
achieved by the company.
So, it has been seen that there are many types of products offered by the company with high
quality. It can also be concluded that the company achieved a large market share if the focus is
given on reducing the overall price of the products. Also, it is recommended that Adidas should
focus on enhancing the overall production process by emphasizing on reducing the actual cost
and this can help the company to grow in the competitive market.
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Table of Contents
Abstract............................................................................................................................................1
Introduction......................................................................................................................................1
Method.............................................................................................................................................1
Case study........................................................................................................................................2
4.1 Product...................................................................................................................................2
4.2 Price.......................................................................................................................................2
4.3 Place.......................................................................................................................................3
4.4 Promotion...............................................................................................................................3
Conclusion.......................................................................................................................................3
Recommendations............................................................................................................................4
References........................................................................................................................................5
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Introduction
Adidas is considered as one of the largest multinational corporations. Headquarter is situated in
Herzogenaurach, Germany. It has been analyzed that in Europe the Company is known as one of
the biggest sportswear manufacturers. The manufacturing and designing of the shoes are done in
Germany. The company deals in the apparel and accessories sector. The products which are sold
by the company are Footwear, Sportswear, sports equipment, and toiletries. There are more than
56,888 employees who are managing the overall activities of the company (Adidas,
2018).Adidas was the company which has three strips logo and it is considered by the company
in clothing and shoe designing as a marketing aid. So, in this paper, the focus will be given on
the overall marketing mix of Adidas.
Method
To evaluate the Adidas market mix, this report relied on the information from the secondary
sources. The sources considered from the literature that helps to analyze the exact information
related to the marketing mix. The information is also taken from the Adidas official website so
that it can help to ensure that the information from the literature sources was correct and latest.
Case study
4.1 Product
Adidas is considered the biggest sportswear brand with the motive of introducing the products
with good quality. In the product strategy of Adidas, the emphasis is given on covering the
overall product line. The company also sells sports bags and sportswear with good quality so that
customers can be satisfied with the services offered by the company. In 2000's the company was
the first in the sector to introduce the new segment of the lifestyle and also they focused on street
wear. The company offers a wide range of products which consist of apparels, running shoes,
soccer shoes and the sports utilities for tennis and volleyball. The company also focuses on
designing the unique watches, caps, and sunglasses so that large market share can be grabbed. In
the segment of networking, it has been seen that Adidas is also known as one of the subsidiaries
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named as Runtastic which also creates the applications for the fitness activities. The main focus
of the company is on making the apparels and equipment for all sorts of sports so that it can be
simple to attain profits. It has been seen that company grabbed the large market share by
introducing various products in each sector and it has enhanced the overall demand of the
product in the market (Alipour & Sabzikaran, 2018).
4.2 Price
It has been seen that the company has a set of customers and the main aim of the company is to
offer the best quality of products to them. It can be stated that just because of the innovative
technique and continuous improvement of the products the company has achieved success in the
market. The products which are offered by the company are premium priced which also consider
the best quality. The strategy of pricing has emphasized the high quality by maintaining the
price level of the products (El Sabour & Mohamed, 2016). It is only because the products of the
company are customized according to the need. The products of the company are offered at a
high rate just because of the quality or the material which is used. This also makes the product
less affordable for the people of the developing nations. The pricing of the products can be
affected by the import tariffs and import regulations and it is just because of the reason that most
of the production of the products is done in Asia just due to the lack of cheap labor. But the
company never compromised with the overall quality of the product with the price. So, the prices
of the products are justified (Ang & Rusli, 2018).
4.3 Place
Adidas has many outlets all over the world. There are many distribution channels of the company
like Franchises, specialty stores, and online stores. So, it has been seen that there is the extensive
global reach of the products in the market. The company main aim is to reach the customers in
every area and in every country. The company is associated with ILO (International labor
organization) and IFC (International Finance Corporation) which also lead to the overall
sustainable in comparison with the competitors. There are also flagship stores of the company
and it is present on the global platform. By emphasizing on the digital platform it has been seen
that the company is emphasizing to grab the online market not only through its website but also
by focusing on the multi-brand e-commerce websites (Naidu and Babu, 2016).
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4.4 Promotion
The company used various sources to promote the products and services in the market. It has
been seen that the company used the social media strategy to promote the products in the market.
360 branding strategy is also considered by the company in which the focus is given on media
and communication (Laluyan, Pangemanan & Worang, 2017). The company promoted the
products through commercial campaigns like print, TV, and billboards. It has been seen that
Adidas also featured the leading players in various sports segment. Through these techniques, the
company enhanced the market share and achieved growth in the competitive market (Jensen,
Wakefield, Cobbs & Turner, 2016).
Conclusion
So, by focusing on the report it has been stated that Adidas is one of the largest company on the
global platform. It has been seen that there are various products introduced by the company in
the market which are purchased by the customers. The overall sales of the company have been
enhanced and this is just because of considering the place and promotion strategy. The products
of the company are sold on the global platform which enhanced the overall demand of the
customers and also it can be easy for the customers to purchase the products of the company. The
promotional strategy considered by the company is 360 branding strategy in which the products
can be easily promoted with the help of social media sites and also through traditional marketing.
The company considered social media sites for marketing the products and with this, the
company accomplished its overall goals and objectives.
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Recommendations
It has been recommended that company should focus on reducing the price of the products so
that it can be easy to achieve the large market share. Less cost of the products attracts large mass
of the customers so by reducing the price the company can maintain the large customer base.
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References
Adidas., 2018. P.O.D SYSTEM. [Online] Available from: https://www.adidas.co.in/. [Accessed
on 6 October 2018].
Alipour, M. and Sabzikaran, E., 2018. Investigating the Effect of Brand Authenticity on the
Importance of Brand and the Desire to Buy (Case Study: ADIDAS Brand). American Journal of
Business, Economics and Management, 6(1), p.1.
Ang, C. and Rusli, H., 2018. The Impact of Marketing Mix 4Ps and Consumer Behavior toward
Purchase Decision of Adidas Products. iBuss Management, 6(2),pp.52-60.
El Sabour, A. and Mohamed, H.F., 2016. Sports Logo as a Marketing Enhancement Tool of
Printed Sports Wear. International Design Journal, 26(56), pp.1-10.
Jensen, J.A., Wakefield, L., Cobbs, J.B. and Turner, B.A., 2016. Forecasting sponsorship costs:
marketing intelligence in the athletic apparel industry. Marketing Intelligence & Planning, 34(2),
pp.281-298.
Laluyan, W.N., Pangemanan, S.S. and Worang, F.G., 2017. The effect of advertising, perceived
quality and brand awareness on consumer purchase intention (Case study: Adidas sport shoes).
Jurnal EMBA: Jurnal Riset Ekonomi, Manajemen, Bisnis dan Akuntansi, 5(2), pp.50.
Naidu, G.R. and Babu, R.H., 2016. A Case Study Of: Clint Relationship Management (CRM)
Practices In Selected Organized Retail Outlets. IJSEAT, 4(2), pp.091-099.
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