MARKETING BLUNDERS NAME- ASHIMA AGGARWAL GROUP-L-71 ROLL NO-10/422 INTRODUCTION: The most fatal and prevalent commercial mistakes that entrepreneurs and companies make are marketing or market related. One of the leading venture capitalists‚ who has looked at thousands of business plans and helped to launch many firms‚ says there are two reasons why companies fail. The first is lack of sales‚ and the second is lack of everything else. A startup business or new product or service usually fails
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sporting world are Adidas‚ Reebok‚ Puma‚ Umbro‚ Converse‚ etc. Adidas‚ the biggest rival of Nike‚ has chosen to acquire Reebok for $3.8 billion in order to expand its market ("Nike‚ Inc"). This deal will help Adidas take on the top sporting-goods brand Nike as it gives Adidas a stronger presence in North America. Adidas is grounded in sports performance with such products as a motorized running shoe and endorsement deals with superstars such as David Beckham. Meanwhile‚ Reebok plays heavily to the melding
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History [edit] Beginnings Adolf ("Adi") Dassler started to produce his own sports shoes in his mother ’s wash kitchen after his return from World War I. In 1924‚ his brother Rudolf Dassler joined the business which became Gebrüder Dassler Schuhfabrik (Dassler Brothers Shoe Factory) and did well - selling 200‚000 pairs of shoes each year before World War Two. However the brothers did not get on well‚ and in 1948 they split up [3]‚ with Rudi forming Puma‚ and Adi forming Adidas. The company
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Puma AG The case centers mainly on the well-known sports brand Puma and its strategies to become one of the principal brands in the market. It also mentions its competitors‚ Adidas‚ Nike‚ Reebok‚ Diesel‚ Prada Sports and Fila‚ and their approaches to keep their status and high share in the market. One of their principal strategies is in marketing‚ each company targeting a different sport. In the 1980’s Puma was the world leader in tennis rackets and was ahead of Adidas in tennis footwear
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TABLE OF CONTENTS Executive Summary . p.4 History .. ..p.6 Profile of CEO . ..p.7 Competitor ’s Profile . .p.7 Industry Profile ..p.8 Company Analysis p.9 Industry Analysis ......p.24 Top Competitor Analysis .p.25 Other External Forces
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designs. The electronic communication of Adidas is well developed. Its website is also user friendly and promotes business. 10. Large market share (16% of global footwear market). Major sponsor for a number of global sporting events. Purchasing of Reebok. Weaknesses 1. A large amount of finance is required for research and development of new products‚ therefore their prices are high‚ this means that Adidas require a large amount of funds so that they can carry on
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New Balance: Outrunning the Competition Introduction After reading the case study for New Balance I see a brand with great potential. A brand that has staunch traditional values and customer satisfaction as its primary priority. Question 1: What are New Balance’s strengths‚ weaknesses‚ threats and opportunities? SWOT ANALYSIS STRENGTHS Good Management structure e.g. Van Rooyen the general manager Wide range of products across every sporting category Functional technological design in
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Adidas—Will Restructuring Its Business Lineup Allow It to Catch Nike? Overview Adidas’ 1998 acquisition of diversified sporting goods producer Salomon was expected to allow the athletic footwear company to vault over Nike to become the leader of the global sporting goods industry. Salomon had several businesses that adidas management viewed as attractive—its Salomon ski division was the leading producer of ski equipment; TaylorMade Golf was the second largest seller of golf equipment; and Mavic
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Fashion Introduction : Fashion‚ a general term for a currently popular style or practice‚ especially in clothing‚ foot wear or accessories. Fashion references to anything that is the current trend in look and dress up of a person. The more technical term‚ costume‚ has become so linked in the public eye with the term "fashion" that the more general term "costume" has in popular use mostly been relegated to special senses like fancy dress or masquerade wear‚ while the term "fashion" means
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Assurance of Learning Exercise 4A Adidas’ Income Statement for 2009 Currency in Millions of Euros | : | | Dec 31 2009 EUR | | | | Revenues | | 10‚381.0 | | | | TOTAL REVENUES | | 10‚381.0 | | | | Cost of Goods Sold | | 5‚669.0 | | | | GROSS PROFIT | | 4‚712.0 | | | | Selling General & Admin Expenses‚ Total | | 1‚376.0 | | | | Other Operating Expenses | | 2‚796.0 | | | | OTHER OPERATING EXPENSES‚ TOTAL | | 4‚172.0 | | | | OPERATING INCOME |
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