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Friday, March 1, 2019

Business Policy Essay

realise a high quality products * Diversity and variety in products offered * massive market share (16% of global foot wear off market) * Major sponsor for a number of global sporting events * Purchasing of Reebok * Adidas has a Global charge with over 2400 stores worldwide in a variety of regions. These alone scotch for nearly 2. 8bil. * Famous sports stars advertising products Adidas has a series of football superstars who wear and advertise their products, including David Beckham, Zinedine Zidane, Stephen Gerrard etc. WeaknessesHigh prices in some products * Online customer go not helpful or easy to find * Not utilizing Reebok * lactating competition and similar big greases means customers have high brand switching * The products can sometimes be costly due to mod technology or production method * E-commerce is limited to USA Opportunities * immersion the Asian market, China is the fastest growing economy in the world. * first appearance the female market * Social trend and popularity of social media sites such as Facebook, allowing Adidas to interact directly and build relationships with potential and current customers.Sponsorship of global sports events which improves the play alongs global brand. These include an 11 year sponsorship on the NBA, the 2012 GB Olympic Games and the continued sponsorship of the FIFA WC. * Tie-up with emerging sports teams/clubs/players internationally * Collaborate with other online retailers to offer Adidas products Threats * Nike competition. Nike has strong reputation in the footwear and apparel effort * Global economic downturn. * Increase in the Price of Raw materials * opposition from designers such as Hugo Boss and Lacoste. * fake imitations affect brand word picture

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