This document discusses the positioning statement of Under Armour, recommendations for increasing revenue, and references. It suggests endorsement with women celebrities, cost leadership strategy, discounted sales, training and development to employees, innovative technologies, and healthy work atmosphere.
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Running head: INTEGRATED BUSINESS EXPERIENCE INTEGRATED BUSINESS EXPERIENCE Name of the Student Name of the University Author Note
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1INTEGRATED BUSINESS EXPERIENCE Positioning statement ToActive female sports people and health conscious people The brand ofActivewear and fitness products That deliversFreedom for activities all day So that the customers feelDry and active all day As compared toOther conventional brands of sportswear. The positioning statement for the company in discussion might be stated to be “Improved Agility”. The brand in discussion is positioned in a manner so that the company targets clientele who have been interested in the development of the physical activities that they tend to carry out in terms of the resolution of the health issues within the given organization. The major targeted clients of the organization are the athletes who have been involved in the various sports and the activities that involve the development of the physical attributes of the people (Zehir, Can and Karaboga 2015). The majority of the products that have been manufactured by the company refer to those that enable the everyday wear of the athletes as well as help them in the development of the brand as a global brand. The concerned company is known to have manufactured apparels that would help the athletes to continue with their daily activities in the matters that are related to their daily athletic activities (Eva et al. 2018). The major trends that are followed within the given company states that the organization majorly aims at the development of the comfort of the clientele of the company in terms of the apparel and the footwear that they have been using. The company is known to have demonstrated the mid-premium pricing policy in terms of the sales of the apparel and the footwear that the company has been marketing as the majority of the products of the organization. The company has been demonstrating the strategy of acquiring the market
2INTEGRATED BUSINESS EXPERIENCE and attracting the clientele from the other organizations through the implementation of the lower price and the maintenance of the quality of the products that the company has been extending to the clientele (Block et al. 2015). This has helped in the increase in the competitive advantage of the company in the given markets. Recommendations The company in discussion, Under Armour, has been aiming at the development of the brands in the given markets. The company is known to have been dealing with the issues in the enhancement of the revenues that the company has been earning in the given market. The business organization in discussion, Under Armour, is observed to have been aiming for the achievement of the revenue of a whopping 1.9 million dollars in the division of the organization that is dedicated to the women clients of the organization. The organizational management is thus advised to abide by the recommended measures as mentioned above in order to have an increase in the revenue of the organization as well. Endorsement with women celebrities– The company is advised to develop the ties with the female celebrities in order to have a boost in the revenue that is earned by the company. The endorsement by the female celebrities might further help in reaching out to the female clients of the organization as well. This in turn might help in the development of the client base of the organization as well as help in the increase the revenue of the organization in the given market. Cost leadership strategy– The company in discussion might be advised to implement the cost leadership strategy. This would help in the development of the pricing strategy of the given company. The cost leadership strategy implication within the company might lead to the lowering of the production cost that is being incurred by the company in
3INTEGRATED BUSINESS EXPERIENCE discussion.Theimplementationofthestrategyhelpsinthedevelopmentofthe competitive advantage of the business organization in the given market. Discounted sales– The company is advised to implement the strategy of the discounted sales within the given market. This would help in the attraction of the female clientele towards the organization. The female clients of the organization tend to get attracted to the discounted sales. This in turn helps in the increase in the sales of the products of the company thereby leading to the development of the revenues of the organization as well. Thus, the implementation of the discounted sales on a regular basis might help in the increase of the revenues of the organization as well and in the process develop the competitive advantage as well. Training and development to employees– The organizational management might be advised to impart the proper amount of training and the development to the employees of the organization. This in turn will help in the development of the proper understanding of the organizational employees regarding the operations of the company as well as the organizational goals that need to be maintained in order to deal with the development of the organizational revenues as well. The proper training and the development would help inthemaintenanceofthevariousissuesthatarerelatedtothegainingofthe organizational revenues in the given markets Innovative technologies– The introduction of the innovative technologies within the given business organization would help in the development of the internal operations of the company. This in turn might help in the development of the organizational revenue earnings in the given market. The proper motivation to the employees of the organization would help in the development of the products of the organization as well as helps in the
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4INTEGRATED BUSINESS EXPERIENCE development of the issues that are highlighted in terms of the workplace and the workforce engagement. The implementation of the strategy helps in the development of the competitive advantage of the business organization in the given market. Healthy work atmosphere– The implementation of the healthy work atmosphere is one of the major reasons that affect the overall performance of the organization. This is known to affect the development of the proper understanding of the organizational employees regarding the operations of the company as well as the organizational goals that need to be maintained in order to deal with the development of the organizational revenuesaswell.Theproperworkplaceatmospherewithinthegivenbusiness organization, Under Armour in this case, would help in the maintenance of the various issues that are related to the gaining of the organizational revenues in the given markets.
5INTEGRATED BUSINESS EXPERIENCE Referencesand Bibliography Block, J.H., Kohn, K., Miller, D. and Ullrich, K., 2015. Necessity entrepreneurship and competitive strategy.Small Business Economics,44(1), pp.37-54. Eva, N., Sendjaya, S., Prajogo, D., Cavanagh, A. and Robin, M., 2018. Creating strategic fit: Aligning servant leadership with organizational structure and strategy.Personnel Review,47(1), pp.166-186. Porter, M.E. and Heppelmann, J.E., 2017. Why every organization needs an augmented reality strategy.Harvard Business Review,95(6), pp.46-57. Semuel, H., Siagian, H. and Octavia, S., 2017. The effect of leadership and innovation on differentiationstrategyandcompanyperformance.Procedia-SocialandBehavioral Sciences,237, pp.1152-1159. Soltanizadeh, S., Abdul Rasid, S.Z., Mottaghi Golshan, N. and Wan Ismail, W.K., 2016. Business strategy, enterprise risk management and organizational performance.Management Research Review,39(9), pp.1016-1033. Su, Z., Guo, H. and Sun, W., 2017. Exploration and firm performance: The moderating impact of competitive strategy.British Journal of Management,28(3), pp.357-371. Vera, J., 2016. Two paths to customer loyalty: the moderating effect of the differentiation level strategy in the performance-satisfaction-value-intentions relationship.Journal of Product & Brand Management,25(2), pp.171-183.
6INTEGRATED BUSINESS EXPERIENCE Zehir,C.,Can,E.andKaraboga,T.,2015.Linkingentrepreneurialorientationtofirm performance: the role of differentiation strategy and innovation performance.Procedia-Social and Behavioral Sciences,210, pp.358-367.