Preview

Reebok Case: Strategic Case 4

Satisfactory Essays
Open Document
Open Document
319 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Reebok Case: Strategic Case 4
Reebok Case Page 298-299

1. I feel Reebok’s products are being revamped to serve geographical and behavioral market segments. Reebok is focusing on urban marketing by employing Hip-Hop stars to promote their products. Further, Reebok is applying a behavioral approach to create brand loyalty in large regions like China where they sponsor basketball courts. These variables are suitable since they will allow Reebok some room to expand its product and in return, increase its market share.

2. Reebok applies a differentiated targeting strategy since they are targeting street basketball players, and urban consumers. They target fans of the NBA in China by marketing Yao Ming endorsing Reeboks products. Also, Reebok has another marketing mix focusing on urban, hip-hop fans by creating styles named and designed after hip-hop stars.

3. I think there are two areas of the consumer buying decision process that can be equally important. Attitudes can influence consumers to purchase Reebok creating a positive opinion. Attitudes and perceptions can foster a need to be stylish, especially if the buyer notices Reebok as trendy appeal. Also, strong social influences like reference groups can guide consumers to purchase Reeboks products.

4. The Reebok executive was commenting on the geographical market segmentation which is concentrated on urban areas where Hip-Hop stars influence trendy apparel. This in turn creates a perception that Reebok makes trendy products. Also, reference groups, opinion leaders (hip-hop stars) and cultures perpetuate Reeboks style to increases sales. This approach is similar to the U.S. and is applied to Reeboks international marketing strategies.

Street basketball courts are typically found in many urban areas making it apart of Reebok’s geographical market segment. I feel the basketball courts present a pure social influence on buyer’s behavior. The reference group (friends) and opinion leaders (NBA starts) influence buyers decision which can

You May Also Find These Documents Helpful

  • Good Essays

    Nike could modify its products and services through its innovative marketing strategy taken from evaluations on customer benefits and needs, whereas the product succeeded innovation technology with fashions that cater to customer satisfaction on a global level (Nike, 2000). Nike currently seeks out innovative ways to create advance athletic products and methods to speak creatively to the market because the success of Nike is based on marketing strategy that weighs current factors and trends (Nike, 2000). If Nike continues the innovation of new marketing ideas for their services and products, the organization will maintain their current role of innovative leadership with products, developments, and revenues in the athletic sports-wear industry (Nike,…

    • 1072 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Nike’s “Just Do It” campaign was able to build off of the fitness craze of the 1980s. Their main competitor, Reebok, had already successfully tapped into this market and controlled a sizeable portion of the sneaker business. Nike used celebrity endorsements in their marketing to appeal to consumers and ensure them that if their product was good enough for celebrities that it was good enough for them. The “Just Do It” campaign and celebrity endorsements made wearing Nikes the hip thing to do for both the athletic and non-athletic consumers alike. As a result of the company’s marketing, Nike saw their market share jump from 18% to 43% in the 1990s, and their sales increase from $800 million a year in 1988 to upwards of $9.2 billion in 1998 (D. Drew Design,…

    • 813 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Nike was incorporated in 1968 and has become arguably synonymous with elite footwear/apparel amongst the world population (Nike 10K, 2009). Nike’s primary business “is the design and development and worldwide marketing of high quality footwear and apparel” (2009, pg.1). In addition, Nike also designs/markets sports equipment and accessory products. Nike puts a heavy emphasis on investing in the innovation and design of their products to give their customers a high-quality product. Nike is the largest seller of athletic footwear and apparel in the world (2009). Nike sets the bar for other companies in the sports apparel/footwear industry, like Under Armour.…

    • 5144 Words
    • 21 Pages
    Powerful Essays
  • Satisfactory Essays

    Psy 322 Week 1 Assignment

    • 734 Words
    • 3 Pages

    Decisions to buy can be emotional. Emotions can lead a person to shop. Feelings are people’s primary way to make judgments and decision making. A woman can be upset at her husband, need a break from the kids, or she could be happy and want to spend impulsively. A marketer only has a chance to contend with commercials and ads to penetrate the feelings of the consumer. Consumer personal behavior is influenced by many, family, culture, environment, competition and social attitudes. These are factors to be evaluated and how they are used for persuasion. Friends and family influence the clothes one wears. Culture and family are a persons or peoples area of up bring that can influences the way services are done and the way products are purchased.…

    • 734 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Under Armour is a sports apparel, footwear, and accessories company that is quickly becoming a global force to be reckoned with. The company is competing in a saturated market and has maintained the ability to grow. Analysis of the company shows that it should: look for alternative sources of materials and suppliers; continue a marketing campaign using athlete endorsements; and, model expansion into new foreign countries after the successful entrances into areas such as Europe. Reasoning behind these recommendations is shown in the analysis below.…

    • 2614 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    Reebok found that even though there were great amount viewers of its Terry Tate Super Bowl, its sales and market share did not increase at all. The main…

    • 643 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Charlie Denson

    • 640 Words
    • 3 Pages

    "We're aligning with our biggest growth opportunities, both geographically in markets such as China, and in core product categories and consumer segments such as basketball and football (soccer),” said Nike Brand President Charlie Denson. “This new approach is designed to better serve athletes, build deeper consumer connections,…

    • 640 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The Travails of Nike

    • 1404 Words
    • 5 Pages

    Its marketing is also reliant on endorsement deals with the world’s top athletes and sport teams to express the corporate philosophy of grit, determination, passion and humour, selling their products based on the consumers’ loyalty towards their favorite sports superstar. This concept of endorsing athletes from different sports enables Nike to segment the market all under the umbrella of a single brand.…

    • 1404 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    How Is Nba Marketed

    • 2533 Words
    • 11 Pages

    The NBA is the third most watched sport in the world behind soccer and cricket. This league has grown into a multi-billion dollar industry that is watched worldwide. With the NBA being such a huge worldwide sport, the league has had to come up with many different ways to market the NBA. The marketing for this league can also seem to be difficult at times especially when NBA teams are mostly located in the United…

    • 2533 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    The study includes the current situation of Woolworth Corporation, the LFL, its consumers and Reebok. The nature of the company LFL., the organizational background of the company and the different strategies that the company has already done to the specific product line of athletic shoes and apparel, are also some scopes included in the study.…

    • 1966 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Converse Chucks

    • 515 Words
    • 3 Pages

    Q. ANALYZE THE NIKE-ERA DIRECTION OF CONVERSE. (A) ASSESS THE BENEFITS AND RISKS OF THE FASHION AND PERFORMANCE STRATEGIES INDIVIDUALLY, AND OF THE COMBINED TWO-TIRED APPROACH. (B) WHAT TARGETING AND POSITIONING WOULD YOU RECOMMEND FOR THE CONVERSE BRAND IN THE FUTURE?…

    • 515 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Reebok International Ltd.

    • 5357 Words
    • 22 Pages

    Reebok believes that human rights are most important thing as like as every person needs apparel to wear. For this reason the company is providing the best and modern technology in the form of the footwear and apparel to the customer. The Reebok Charter establishes the mission of the company and clearly states the company 's philosophy of doing business and its core values. The goal of the Reebok is to become the largest and most profitable sportswear. In their mission statement they said that the company is providing the best and modern technology in the form of the footwear and apparel to the customer. Reebok offers various apparels and sportswear through Reebok brand, Rockport, the Greg Norman collection and the Ralph Lauren Polo sport line. Moreover the company offers the competitive price and they also communicate with the customer and changing their needs according to their global vision.…

    • 5357 Words
    • 22 Pages
    Good Essays
  • Powerful Essays

    Consumer Behavior

    • 12307 Words
    • 50 Pages

    Acknowledgement Abstract 1. Introduction and background 2. Purpose of the study 3. Literature review a. Types of consumer’s buying decision behavior b. Complex buying behavior c. Dissonance d. Variety 4. The buying decision process a. Introduction of buying decision process b. The buying decision process c. Evaluation of alternative d. Purchase decision e. Post purchase behavior 5. Theoretical frame work a. Consumer involvement theory 6. Consumer behavior models a. Introduction and Intergradations of three models b. Hierarchy needs of consumer behavior model c. Consumer behavior model d. Lens model 8. Nike’s Introduction (Nike’s Case Studies) a. Financial performance b. Employees c. Contract factories d. Nike branding 9. Methodology of the Study a. Introduction b. Method c. Types of research d. Research approach e. Population and sample f. Instrument to collect the data g. Research validity and reliability 10. Analysis of the study a. Graphical analysis…

    • 12307 Words
    • 50 Pages
    Powerful Essays
  • Satisfactory Essays

    markeitng

    • 2548 Words
    • 11 Pages

    CHAPTER 1 – CREATING CUSTOMER RELATIONSHIPS AND VALUE THROUGH MARKETING CHAPTER OPENING EXAMPLE UNIQLO: UNIQUE CLOTHES, UNIQUE SHOPPING EXPERIENCE Marketing problem: How can change perception of Japanese consumers that casual clothing are either affordable but poorly made or of good quality but expensive? Solution: Be innovative and be the trendsetter in product design and development through collaboration with fashion designers and in marketing through collaboration with fashion magazines and advertising agencies to revitalize its brand image. A. Creating a Revolution in the Japanese Fashion Industry UNIQLO introduced a line of fleece garments that came in a gradient of colors and were sold at an affordable price of 1900 Yen. Suddenly fleece garments were cool and hip.…

    • 2548 Words
    • 11 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Swot Analysis of Adidas

    • 262 Words
    • 2 Pages

    1. 2. 3. 4. 5. Adidas is a globally know brand name. Produce a high quality products. International Brand awareness and recognition. Popular for sports footwear, clothing and accessories. Adidas is the biggest brand in the sport market, so it enjoys long term relations with the Olympics, FIFA World Cup etc. 6. Diversity and variety in products offered. 7. Adidas is known for its innovative and functional designs. 8. The electronic communication of Adidas is well developed. Its website is also user friendly and promotes business. 9. Large market share (16% of global footwear market). 10. Major sponsor for a number of global sporting events. 11. Purchasing of Reebok.…

    • 262 Words
    • 2 Pages
    Satisfactory Essays

Related Topics