Athletic Shoes Industry Strategy Comparison Report of Nike‚ Inc. and Adidas AG wei 4/30/2010 ABSTRACT This report is an analysis of the athletic shoes industry on both a global and U.S. market. This report is to analyze the external and internal issues facing this athletic shoes industry‚ and the companies that operate within it. This analysis includes a comparison of Nike‚ Inc. and Adidas AG who are footwear manufacturers in the world. However‚ Nike spent thirty years developing from the
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not only manufacture sports but stuff related to fashion such as watches‚ perfume and sunglasses. Adidas was founded in 1949 by Adolf Dassler in Bavaria‚ Germany. The Adidas group first started out by manufacturing shoes and their only rivalry was Puma which was owned by his brother. Both the company wanted to excel further and outrun each other. Their success story begins here. Today Adidas Group has expanded its business to a large extend. They now have more company names and it has also gone
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North America‚ Greater China‚ other Asian markets and Latin America. (Reuters) Adidas’ main goal is to have high consumer brand loyalty. A recent study showed that many sports’ goods consumers have a high brand loyalty towards Adidas‚ Nike‚ Inc.‚ Puma AG and several other sportswear brands. In addition‚ the study found consumers did not exhibit unduly high loyalty towards newly established brands. During the mid to late 1990s‚ Adidas divided the brand into two main categories and each has separate
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Our Mission ... The adidas Group strives to be the global leader in the sporting goods industry with brands built on a passion for sports and a sporting lifestyle. We are committed to continuously strengthening our brands and products to improve our competitive position. We are innovation and design leaders who seek to help athletes of all skill levels achieve peak performance with every product we bring to market. We are consumer focused and therefore we continuously improve the quality
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Ansoff’s Matrix Igor Ansoff in 1957 created the Matrix. It is a marketing planning tool‚ used for identifying and categorising growth opportunities. The matrix considers on two dimensions: markets and products. |Existing Products|New Products|Risk| Existing Markets|||| New Markets|||| Risk|| Market Penetration| Involves:|Methods:|Use when:| • Increasing market share in current markets with current products.• Securing dominace in growth markets‚ but saturated markets are hard to
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aware of and respect each other’s beliefs‚ values‚ social practices‚ and socially shared expectations. Puma’s Near-Fatal Mistake Puma is a large supplier of sporting apparel‚ footwear‚ and accessories. The company‚ “distributes its products in more than 120 countries‚ employs more than 10‚000 people worldwide‚ and is headquartered in Herzogenaurach/Germany” (PUMA‚ 2013‚ p. 1). The United Arab Emirates (UAE) is second only to Saudi Arabia in Germany’s export business with reported sales worth
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Introduction to the Ansoff matrix The Ansoff product/ market matrix is a tool that helps businesses decide their product and market growth strategy. Ansoff’s product/ market matrix suggests that a business’ attempts to grow depend on whether it markets new or existing products in new or existing markets. The traditional four box grid or matrix Ansoff model Alternative Ansoff style matrix A revised version of the Ansoff matrix featuring a 3×3 or nine box grid or matrix. History – The Product
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Barriers to ChangeIndividual and Organisational Barriers to Change Obama | IYou must be the change you want to see in the world “Despite the potential positive outcomes‚ change is often resisted at both the individual and the organisational level” (Mullins‚ 99) It is in human nature to resist change. "We resist change. We choose to keep our habits‚ rather the comfort of our habits" (Dr. Claude Brodeur PhD‚ http://members.tripod.com/zenol/humanism.html). Change and the phenomenon of it‚ is fundamental
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Strengths | Weaknesses | Fast decision making | Negative image of the Middle East | Oil money‚ booming economy | Barren desert‚ the lack of natural resources | Political neutrality and impartiality | Only 20% of UAE nationals | Unique beauty‚ hotels and attractions | The lack of fundamental infrastructure: transportation‚ water | Luxury experience includes relaxing beaches and invigorating sport and exploration opportunities | Luxuries might appeal too small a segment
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Introduction of Ansoff Matrix This well known marketing tool was first published in the Harvard Business Review (1957) in an article called ’Strategies for Diversification’. It is used by marketers who have objectives for growth. Ansoff’s matrix offers strategic choices to achieve the objectives. There are four main categories for selection. The market penetration strategy is the least risky since it leverages many of the firm’s existing resources and capabilities. In a growing market‚ simply maintaining
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