Marketing Mix of Adidas: A BTEC Business Unit 3 Analysis
VerifiedAdded on 2023/01/12
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This report analyzes the marketing mix of Adidas, a global sportswear company, within the framework of BTEC Business Unit 3. The report examines the four Ps of the marketing mix – product, price, place, and promotion – and how Adidas applies these elements to its business strategy. It explores Adidas's product range, pricing strategies, distribution channels, and promotional activities. The report also discusses the limitations of primary and secondary research, providing insights into the challenges faced in collecting and interpreting marketing data. Furthermore, it examines the target audience for Adidas's products, focusing on youth and adults, and how the company uses advertising and brand building to maintain its market position. The report concludes with a discussion of the techniques Adidas uses to market its products, including advertising and targeting specific consumer segments. The document also includes a list of references used to support the analysis.
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