Documente Academic
Documente Profesional
Documente Cultură
•
product
–
trendy eco-friendly adidas shoes
–
recycling old shoes to make fashionable
•
what is adidas?
–
for 80 years, adidas has been providing, not onlynational, but
global consumers state-of-the-artfootwear.
–
today, the adidas group is a global leader in thesporting goods
industry and offers a broadportfolio of products.
1
–
our strategy is simple: continuously strengthen ourbrands and
products to improve our competitiveposition and financial
performance.
1
2
adidas originals
Our mission
•
To the economy, a more cost efficient solution ismost desired.
•
Adidas must take advantage of this problem andturn it into an
opportunity.
•
With advanced technology and recycledmaterials, adidas can
create a new line ofproducts that hold true to the distinct adidas
stylein a fashion appeal.
•
Shis inexpensive yet aesthetically appealingproduct line will
allow adidas to cater to theyounger and lower income
marketplace.
3. Consumer Needs
•
shoes that last longer and cost less
money
•
innovate eco-friendly shoes thatsatisfies the consumers
•
finding a way to purchase recycledshoes by helping the
environment
Secondary data:Market research
•
statistics show purchases of the adidas brand inthe
united states:
–
approximately 80% male
–
approximately 20% female
•
adidas is one of the top 25 places that peopleshop in new
york.
•
consumers purchase adidas because they areknown for
providing maximum level of comfortwhile supplying an
aesthetic appeal.
•
customers are willing to purchase the eco friendlyshoes
that benefit the environment rather thanmanufactured
and processed shoes.
Swot Analysis
•
Opportunities
–
adidas is endorsing famous people that can reach
outtowards consumers by style and preference.
–
adidas is improving in efficiency by expanding
moreproduct/service lines and creating innovative
products.
–
adidas changes its products based on consumer’s lifestyles
and keeps a strong brand name.
•
threats
–
adidas is dealing with pirated/fake imitations that are
soldcheap and affects brand image.
–
competition with other brand names domestically
andinternationally.
–
promoting internationally can affect with the money
valueof its products.
Segmentation/Targeting
•
primarily males (generation y)
•
primarily age: 18
–
24 years old
–
secondary ages: 12-17
–
tertiary ages: 25-34
•
follow:
–
tumblr blogs
–
highsnobiety
–
lookbook.nu
–
hypebeast
•
single and trendy
•
income between $25k to $100k per year
•
big spenders or are dependent on parents; not
moneysavers.
Product/Service
•
eco-friendly shoes
•
recycled/ used shoes craved and developedto produce a
new line of Trendy shoes
•
colors will be dictated by the colors of therecycled shoes
and can be customized to theusers desires
•
comes in all sizes and provide maximum levelof comfort
•
this new technology of reusing old shoes willbe later
developed into the athletic side ofthe shoe industry
Price
•
price skimming
–
start off with a higher price, then lowers later
•
relatively low cost, but still able tomaintain high quality
•
customers may receive discounts if theybring in old pair
of shoes (only 1 percustomer).
•
fraction of higher quality products
•
prices will range from $39.99 to $69.99depending on
the lifestyle and demand.
Place
•
debut stage: online websites
–
adidas.com
–
footlocker.com
–
finishline.com
•
expansion stage: personal stores in new york
–
adidas originals
–
footlocker
–
finishline
•
final stage: retailers and outlets in new york
–
outlet malls
–
individual boutiques
–
brand store malls like macys, bloomingdales,nordstroms