Strategic Communication Plan for Under Armour Fashion Line Launch
VerifiedAdded on 2023/04/23
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Report
AI Summary
This document presents a strategic communication plan for Under Armour Inc., focusing on initiating a celebrity endorsement activity for its fashion collection line to increase market share and brand awareness. The plan identifies the challenge as convincing a celebrity to endorse Under Armour amidst competition from other fashion brands. The primary goal is to create a platform for launching the fashion line, targeting corporate stakeholders initially and then expanding to fashion wear consumers. The communication style is 'tell/sell,' utilizing PowerPoint presentations to convey market trends and survey data. The key message emphasizes that celebrity endorsement will lead to greater market share acquisition, supported by evidence of improved equity figures in other fashion brands after celebrity endorsements. The document also reflects on the importance of this project to the author's professional development, drawing from the success of previous endorsements such as 'Project Rock' with Dwayne Johnson. The final action request is for the board of directors to approve the plan, acknowledging the challenge in convincing them despite their trust in the author's expertise.
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