Week 9 case study ING Direct Question 1: what level of the product hierarchy has ING Direct leveraged and how does this create value for both customers and the shareholders of ING Direct? ING Direct has leveraged the product from basic product to augmented product. Basic product from a bank industry is simply providing bank service through branch or call centre‚ which has meet core need of their target customer. The introduction of virtual Internet banking‚ which has exceeded the customer expect
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also a solid business as well. Adidas Corporation is one of the famous marketers of sports apparel and athletic shoes among others. The founder of Adidas‚ Adi Dassler through his own marketing strategy which rests on a favourable brand image‚ has evolved into a large multinational enterprise. In order to keep with the brand image‚ Adidas came out with the distinctive logo and its advertising logo‚ “Impossible is Nothing” and being successful until today. From the marketing perspective‚ there are five
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Adidas: Brand Case Study Company Background: Adidas was founded in 1949. Adolf Dassler was the founder‚ hence the name “Adidas”. Dassler passed away in the 1980’s and his family carried on the business. However‚ in the 90’s‚ new CEO Robert Louis-Dreyfus switches the philosophies of the company from a manufacturing & sales company to a marketing company. The company then went public in 1995. Then in 2000‚ an ambitious Growth and Efficiency program is initiated. In 2005‚ the Solomon group sold the
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Direct selling is the marketing and selling of products directly to consumers away from a fixed retail location. Peddling is the oldest form of direct selling. Modern direct selling includes sales made through the party plan‚ one-on-one demonstrations‚ and other personal contact arrangements as well as internet sales. A textbook definition is: "The direct personal presentation‚ demonstration‚ and sale of products and services to consumers‚ usually in their homes or at their jobs." Advantages/Benefits
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Introduction adidas – a name that stands for competence in all sectors of sport around the globe. The vision of company founder Adolf (“Adi”) Dassler has long become reality and his corporate philosophy the guiding principle for successor generations. The idea was as simple as it was brilliant. Adi Dassler’s aim was to provide every athlete with the best possible equipment. It all began in 1920‚ when Adi Dassler made his first shoes using the few materials available after the First World War. adidas Group
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competing Adidas for more market share‚ including Nike‚ Puma‚ Reebok and Umbro to name a few. Adidas must ensure that their goods are of a high quality and at a reasonable price in order to keep their market share in this industry. Intensity in this industry is high as there are a large number of organisations with similar products all trying to gain market share. Threat of Entry to the Industry by New Competitors There isn’t very much of a threat of new competitors to Adidas as there
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present financial information relating back from Sports Direct Annual Report 2012 alongside a brief history of Sports Direct with additional information about how the group generates revenue. Background Sports Direct is the UK’s largest sporting retailer‚ sells major third party fashion brands and licensed brands‚ leisure equipment‚ footwear and accessories such as Adidas‚ Nike‚ Reebok‚ Lonsdale and many more for a competitive price. Sports Direct manage 395 stores in the UK alone however they operate
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Adidas.The Adidas strives to be the global leader in the sports goods industry with brands build on a passion for sports and sporting lifestyle‚ it sells products in virtually every country around the world. For more than 80 years‚ the Adidas has been part of the world of sports on every level‚ delivering state-of-the-art sports footwear‚ apparel and accessories. Adidas strategy is: continuously strengthen brands and products to improve competitive position and financial performance. Adidas brands
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1. The alliance with adidas will be an excellent opportunity for growth at Polar. It seems that Polar’s growth potential is somewhat unlimited as they can target new market segments outside their niche and move into many new markets. However‚ their resources are limited‚ so the partnership with adidas will be a critical aspect of future growth. Adidas will bring Polar to their many flagship stores around the globe. Also‚ Polar can ride along into adidas’s vast distribution network
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Resources Academic Year 2011/2012 Adidas and Reebok Merger Abstract The purpose of this paper is to analyze Adidas acquisition of Reebok and its external and internal consequences that represented an important shock that affected the dynamics and the mechanisms of the sporting industry. On August 2005 ‚ Adidas-Salomon AG (Adidas) announced the intention to acquire Reebok International Limited (Reebok) for $ 3.8 billion. The goal of this merger was to facilitate the Adidas Group’s strategic intent in
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