Strategic Communication Plan for Under Armour's New Fashion Line
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This plan proposes the use of a brand ambassador to successfully launch Under Armour's new fashion line. The plan justifies the use of celebrity endorsements and outlines the benefits of this strategy. The plan also discusses the key messages, background and rationale, justification, and interpretation of feedback.
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Running head: STRATEGIC COMMUNICATION PLAN Strategic Communication Plan Name of the Student Name of the University Author notes:
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1STRATEGIC COMMUNICATION PLAN Part 1 Key Message The purpose of the campaign is to initiate the sales of the new fashion line that is being launched by Under Armour Inc. The aim of this initiative is to make the launch of the new fashion line successfully in the market. It has been proven that a brand ambassador helps to propel a product at any phase in a product’s product life cycle (Chan, Leung & Luk, 2013). Thus the rationale behind choosing to stick with the current strategy as compared to the other strategies is justified. The aim of paper is to communicate the idea of including a brand ambassador to the stakeholders of the company. The decision has been taken considering other similar cases where introducing a brand ambassador propelled the success of the brand. The ‘Project Rock’ initiative was used by the company to make itself more visible in the fitness industry. Furthermore the iconic wrestler turned actor Dwayne Johnson helped attract audiences of varied demographics towards the direction of the brand. Thus the same technique is assumed to help the success and launch of the newly formulated fashion line of the company. Background and rationale Celebrity brand endorsement and brand endorsements in a general sense have the ability to put a particular, product, service or initiative forward to the masses (Ambroise et al., 2014). It can be said that a successful brand ambassador has the power to increase the brand’s visibility (Douglas & Craig, 2013). They have the power to increase the sales that the brand generates and provide a platform on which a brand can sustain for years, in the long run. Selection of a brand ambassador can become a challenging task (Nelson & Deborah, 2017). It has to be considered how the public figure or the celebrity to be endorsed is perceived by the public. The reputation that the celebrity might have can be correlated with
2STRATEGIC COMMUNICATION PLAN the brand they are endorsing. Michael Jordan needs no formal introduction, he can be considered one of the greatest basketball player of all time. Furthermore, his persona on the court and off it was highly dynamic. Nike realised the same and decided to give Jordan an endorsement contract. This initiative changed the position of Nike in the United States market. The success of the brand further led to the creation of the brand that was named after the athlete himself. It was called Jordan and it represented what Michael Jordan stood for (Smith, 2014). They buyer of the Jordan Sneakers could relate to the lifestyle of Michael Jordan along with the luxury factor. That is the reason why Jordan is still a successful company on its own. This endorsement can be considered as one of the most successful celebrity brand endorsements in history. Even though celebrity brand endorsement existed from way before the aforementioned endorsement, the latter helped brands across the world identify the importance of celebrity brand endorsements (McKelvey, Goins & Krauss, 2015). There can be numerous other examples of celebrity brand endorsements that helped increase a brand’s visibility. Other notable celebrity brand endorsements that shook the industry are; David Beckham’s Gillette endorsement, Britney Spear’s endorsement with Pepsi, Leonardo Dicaprio’s TAG Heuer endorsement and many more. Insights can be taken form the performance of Under Armour’s endorsement with Dwayne Johnson. Even though celebrity brand endorsements are considered expensive, the company’s capabilities have been realised and it deemed that the company can afford yet another celebrity brand endorsement. The success of brand endorsements in the past have proven that the company’s product and the image will be highlighted by a brand endorsement even though a certain amount of risk is associated with the same (Prasad, 2013). However, if the marketing team collaborate their efforts with the research team, the company can come up with an effective idea to select the most suitable brand ambassador.
3STRATEGIC COMMUNICATION PLAN Justification Regardless the stature of the company, they are subject to competition with other companiesconstantly(Luca,&Zervas,2016).Companiesusevariousstrategiesto differentiate themselves from their contemporaries. Companies use various sales promotion tactics,suchasdiscounts,offersandmarketingstrategiessuchaspenetrationand segmentation to win over their audience (Ryan, 2016). Most of the companies in all the industries are always under close scrutiny. The organisations make sure that the strategy they are employing is not known by its competitors. However the celebrity brand endorsement can be considered as strategies that are not kept as secrets. Companies tend to proudly state their accomplishments in the terms of the celebrity contracts.The technique of communication that will be employed is Tell-Sell as the information is readily available and will be used to motivate response form the people who are pitched.As mentioned earlier brand endorsement provide a great deal of competence to the initiatives of a company. It further helps the company gain and retain the attention of the stakeholders. Following are the key reasons why this plan should be undertaken; 1.Achieving market share: The Company aims to launch the fashion line of products that will give them exposure to a completely new segment than what they excel in. Along with research they need to justify why the consumers will shift from existing fashion brands to that of Under Armour. A suitable brand ambassador will highlight the brand and act favourably in achievement of the stakeholder’s interest that is market share acquirement. 2.Brandawareness: Brand ambassadors are said to boost the brand image of a company. From the above discussion it is evident that brand value is boosted by the help of a brand ambassador. The company has developed a decent brand value with
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4STRATEGIC COMMUNICATION PLAN the ‘Project Rock’ initiative and the company aims to create a brand image of its upcoming fashion line. 3.Sustainability:Notonlywillthecampaignturnouttobeprofitableforthe organisation, it will help in boosting the quality of life of its stakeholders. The campaign will be a success and will give employment opportunities to youth across the country. The success of the campaign will help provide employment to the youth and contribute in mitigating the issue of unemployment. 4.Corporate Governance: The Success of the campaign will be responsible for achievement of corporate governance. The customers, employees, shareholders, board of directors and the community as a whole are identified as the stakeholders of the company. The campaign will help in generating revenue, which will satisfy the shareholders and board of directors. Furthermore, the fashionable products will be providedtoavarieddemographicgroup.Theemployeeswillalsobenefitas favourable performance could lead to a possibility of pay hike or appraisal. The above factors help justify that the campaign should be given a green light as it would lead to favourable returns and will also help in justifying the rationale behind the selection of the brand endorsement strategy. The degree of success, and the nature of the campaign would replicate the company’s success with its previous endorsement campaign. Furthermore it has been proven that if effective research has been carried out before operations, all the stakeholder of the company can benefit from it. Interpretation of feedback From the feedback that I received, I realised that I have realised that I am correctly aligned to my objective of becoming a better communicator. My supervisors have been successful to make be believe in my abilities to communicate effectively without fear. I have come to know the importance of exuding confidence while communicating and have also
5STRATEGIC COMMUNICATION PLAN been able to come to realisation of the fact that there exists a thin line between confidence and over confidence. I have identified two components other than confidence. Practice and preparation are the latter two components that will help me communicate effectively, thus I have decided to utilise the feedback that I have received and I will use it to mend and bolster my communication capabilities with the help of the same. REFERENCES Ambroise,L.,Pantin-Sohier,G.,Valette-Florence,P.,&Albert,N.(2014).From endorsementtocelebrityco-branding:Personalitytransfer.JournalofBrand Management,21(4), 273-285. Chan, K., Leung Ng, Y., & Luk, E. K. (2013). Impact of celebrity endorsement in advertising on brand image among Chinese adolescents.Young Consumers,14(2), 167-179. Douglas, S. P., & Craig, C. S. (2013). Dynamics of international brand architecture: Overview and directions for future research.DYNAMICS,21, 916-932. Luca, M., & Zervas, G. (2016). Fake it till you make it: Reputation, competition, and Yelp review fraud.Management Science,62(12), 3412-3427. McKelvey, S., Goins, J., & Krauss, F. (2015). The Air Jordan Rules, Image Advertising Adds New Dimension to Right of Publicity-First Amendment Tension.Fordham Intell. Prop. Media & Ent. LJ,26, 945. Nelson, O., & Deborah, A. (2017). Celebrity Endorsement Influence on Brand Credibility: A Critical Review of Previous Studies.Online Journal of Communication and Media Technologies,7(1), 15. Prasad,C.J.(2013).Brandendorsementbycelebritiesimpactstowardscustomer satisfaction.African journal of business management,7(35), 3630-3635.
6STRATEGIC COMMUNICATION PLAN Ryan, D. (2016).Understanding digital marketing: marketing strategies for engaging the digital generation. Kogan Page Publishers. Smith, S. (2014).There Is No Next: NBA Legends on the Legacy of Michael Jordan. Diversion Books.