This presentation provides an overview of Adidas, including its history, marketing mix, product life cycle, SWOT analysis, and positioning and segmentation strategies. Adidas is the biggest sportswear manufacturer in Europe and the second biggest in the world.
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ADIDAS Strategic Marketing
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OVERVIEW OF ADIDAS Adidas is a well-known multinational corporation with headquarter in Germany. It deals in the manufacturing and designing of accessories, clothing, and shoes. Adidas is the biggest manufacturer of sportswear in Europe and second biggest in the whole world (Adidas, 2018).
CURRENT MARKETING SITUATION Marketing mix of Adidas evaluates the company/brand, which involves 4Ps: Product- Adidas offer branded sportswear. Price- All the products of Adidas are sold at a premium price. Place- The products of Adidas are available all over the world. Promotion- Media has been used to promote the offering
PRODUCT LIFE CYCLE OF ADIDAS
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PRODUCT LIFE CYCLE Product Life Cycle The concept of a product life cycle can be applied to adiZero Rose Crazy Light Sneaker of Adidas. This concept supports the marketing manager of the company to design marketing strategies to identify the challenges that are present in the market for the product. The product life cycle is comprised of four stages i.e. introduction growth, maturity, and decline (Ghauri, 2012).
SWOT ANALYSIS OF ADIDAS SWOT Analysis is a model utilized to assess the competitive position of the company by recognizing its strengths, weaknesses, opportunities, and threats (Bhasin, 2018).
POSITIONING AND SEGMENTATION Market Segmentation is the strategy used to divide the market into different groups of customers with diverse characteristics, behavior, or needs. The positioning means the place that is occupied by a brand in the customer’s mind and how it differentiates from the competitor’s product.
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REFERENCES Adidas (2018)History[online]. Available from https://www.adidas-group.com/en/group/history/[accessed 8 September 2018]. Bhasin, H. (2018)Marketing strategy of Adidas[online]. Available from https://www.marketing91.com/marketing-strategy-of-adidas/ [accessed 8 September 2018]. Bhasin, H. (2018)Adidas SWOT analysis – SWOT analysis of Adidas[online]. Available from https://www.marketing91.com/adidas-swot-analysis/[accessed 8 September 2018]. Ghauri (2012)Adidas[online]. Available from http://ghauri123adidas.blogspot.com/[accessed 8 September 2018]. MBA Skool (2018)Adidas Marketing Mix[online]. Available from https://www.mbaskool.com/marketing-mix/products/17006-adid as.html [accessed 8 September 2018].