PUMA 4 Running head: PUMA MARKETING STRATEGY PUMA Marketing Strategy PUMA Group PUMA is counted in the leading sports lifestyle companies of the world and is famous for designing and developing footwear, accessories and apparel. PUMA commits to serve its customers by supporting creativity, sustainability and peace. It promises to be fair, loyal, honest and creative in its decisions and actions. The unique feature of PUMA is that it manufactures sports stuff keeping in mind the fashion and style (Parasuraman, Grewal and Krishnan , 2007). It has collaborations with famous designers like Alexandra McQueen and Mihara Yasuhiro. PUMA group that was founded in 1948 has now three brands; PUMA, Tretorn and Cobra Golf. It distributes its products to more than 120 different countries across the globe and has a network of around 11000 employees. Mission Statement PUMA has an objective and a long term mission of becoming "The most desirable and sustainable sports Lifestyle Company". Vision PUMA performs its activities on its foundation "PUMAVision". It is a concept that guides PUMA employees with its following three programs; PUMA Safe: PUMA has a commitment to protect the environment and improve the working conditions of the workers. It continuously works to initiate new programs that focus on introducing more sustainable, safer and cleaner systems and processes within the PUMA supply chain. PUMA Peace: The aim of this program is to unite people in peace with the power of
We are aiming at understanding how Recreational Equipment INC. (REI) achieved a competitive advantage through their strategies and how they implemented those strategies. REI differs from the other sporting goods stores in their quality product selection, complements, and excellent brand name promotion. These qualities enable REI to sell merchandise at premium price levels (Morse, 2003).
The brand discussed in this report is Lululemon Athletica Inc. The brand is an athletic apparel retailer, whose main objective is building a community with a healthy lifestyle. Lululemon’s target market is middle/upper class 30-year-old woman. The brand is positioned as a premium high fashion brand for the athletic community. Some of Lululemon’s main competitors include Nike, Under Armour and Gap.
Profitability. The company strategy is to target only 25-45 years for specialist sportswear products, but a lot of
The study of peace can often be complex and multifaceted due to its multidimensional outlook on certain cultural, political and environmental influences. As the United States entered the spring of 2017 it saw itself becoming more polarized and conflicted. The election of Donald J. Trump has provoked many emotions for Americans but whether good or bad, republican, or democrat, it has most noticeably been a year of difficulty. Unity is an aspect that people from both sides of the isle have been questioning and trying to address. In Trump’s first extended statement as president-elect, he used unity as a deliberate theme, stating:
Zumiez Inc. history started off with the owner of the business wanting to do anything he could do to give back to his community. When Zumiez was first created their target market was in action sports retailing, when they really started making more money they started giving back in an even bigger way to 13 charity organizations in Snohomish County, Washington by purchasing jackets, flannels shirts and blankets to give away to those who couldn’t afford it. Up until that point Zumiez was a private company until their launch in the spring of 2005. By the time we hit 2012 Zumiez had already donated over 180,000 items to over 180 organizations in 21 states helping more than 60,000 men, women, and children. Tom’s philosophy of business and life has been there motto since day one. “We help our employees to become successful, which makes the company successful. This in turn allows us to use that success to help others and to develop our employees into community leaders on issues that matter to them”. As Tom always says, “it’s about the leverage- creating it and using it for the benefit of others, and in the process, of ourselves”
PEACE’s mission is to reduce victim trauma, empower survivors, and promote recovery through direct services.
Target Corporation has recognized itself as one of the top retailers in the United States market on the basis of excellent service quality, customer experiences, operational excellence, strong financial position, and a wide array of product offerings. Through its high degree of service orientation at physical outlets and adoption of fair business practices, Target Corporation has become the most distinctive retailer in the eyes of its potential customers. Being one of the top-notch retailers in the United States, Target Corporation has to carefully strategize on its business operations and marketing tactics so as to keep itself in the row of competitive brands of the industry.
When Quiksilver announced the start of its women line Roxy in 1990, they defined the brand as a “fun, bold, athletic, daring and classy” brand for young women. Market segmentation is a crucial marketing strategy and Roxy utilizes the four bases that are commonly used for segmenting consumer markets including geographic, demographic, psychographic, and benefits sought segmentation. The geographic segmentation is ideally unlimited for the Roxy target market because the brand offers clothes for both warm and cold weather, however, it focuses mainly on the “beach lifestyle” and is generally more popular in beach towns. The demographic segmentation of the Roxy brand, is aimed to attract young women between the
1.The company I chose to research is the, Coca-Cola Company. Their company mission is to “refresh the world” and spread happiness, which can be seen in the media advertising. Although this company is sold in stores, there is the option for online buying as well. Its URL is, http://www.coca-colastore.com. While this URL, is the company’s actual website, http://www.coca-colacompany.com/our-company. This online website allows customers to buy Coca-Cola products “Share-a-Coke” and Coke brand merchandise (Moye, 2015).
There are many companies in the sports apparel, footwear and accessories industry, such as Nike, Adidas, Puma,
The purpose of this report is to provide a strategic marketing analysis of Kathmandu Holdings Ltd (Kathmandu) and the clothing retail sector in New Zealand with specific reference to the outdoor clothing apparel market. The report aims to:
The JTA’s marketing plan is to increase the choice riders, the millennials, and the aging baby boomers by 15% during the next year. The actual JTA’s strategy marketing plan to attract and retain choice riders and millennials is the followings:
Coca-Cola is the largest non-alcohol beverage manufacturer in the world, which holds approximate 43% market share. The firm is also ranked in top 20 in the Fortune 500 in terms of the largest capital with over 100 billion dollars in assets. John Stith Pemberton is the founder of the firm, which is headquartered in Atlanta, Georgia. During its 100 years of history, Coca-Cola has grown its businesses substantially in the globe. Currently, the firm presents over 160 countries, including China, India, Japan, and South East Asia countries. The main objectives of the firm that is it can serve its products to all consumers in the globe, and expands its businesses to the majority of strategic regions. In order to grow and expand its present to the other major markets, Coca-Cola executes its marketing strategies based on three different categories, including price, place, partnerships, and core products. These marketing methods have supported Coca-Cola to sustain, and grow in the soft drink industry.
Puma is a sport brand created in 1924 In Germany by Rudolf Dassler the brother of Adolf “Adi” Dassler who founded the competitor ADIDAS.
Many cosmetic brands are popping up recently, perhaps, due to the increasing consumers of products that beautify and enhance the physical appearance of a person. Even though the market is already full of the said cosmetic brands, the company L’Oreal Groups could still be considered as the leading supplier of cosmetics and hair-color. This study is a brief overview of the marketing concepts and strategy of the said company. The company profile will be presented to be able to give a clear view of the market to which the company belongs to. An internal and external (SWOT) analysis of the company will also be provided in this paper. Another area will be specifically devoted to