Vans: Skating on Air | Marketing Case Analysis |
| MBA 516 | Staton |
Statement of Central Issue In the spring of 2002, the Vans brand had reached monumental success that outpaced most brands within their industry and transformed them into a $350 million business. The rapid growth of the company and increase demand created a need for a new strategy to guide the brand’s future growth plans. Van’s CEO and president, Gary Schoenfeld, felt strongly that the brand was at a crossroads and that, while they were pleased with the current success, they had not yet maxed out their potential. His question was not whether or not growth was needed, but rather how best to drive the next stage of growth. Given the unique brand and
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They started by identifying which alternative sports fit their brand best and created a list of “Core Sports” that included Surfing, Skateboarding, Snowboarding, Wakeboarding, BMX, Motocross, and Supercross. They knew that other brands could outspend them, so they instead focused on the authenticity of their brand and integrating themselves into the lifestyle and culture of these Core Sports. Vans adopted a unique promotional strategy that was very different than the large budget traditional advertising campaigns that their large competitors had relied on for years. They instead focused on four distinct avenues in their promotional mix. The first method of promotion was through their ownership of the international “Triple Crown Series”, a competition that drew athletes from around the world and was broadcast nationally on NBC networks. This brought global exposure to the Vans brand and furthered their authentic integration into the culture of their Core Sports. The second promotional method was a traveling festival known as the Vans Warped Tour that featured local skate competitions, lesser known bands, and brought together the Core Sports community. In addition to brand promotion, the events brought in substantial revenue of
4. In recent years, Vans has expanded in a number of directions. The company has (a) increased the number of sports it is affiliated with; (b) diversified its product portfolio; (c) expanded its distribution; and (d) broadened its promotional mix. Analyze each of these decisions in terms of their impact on Vans’ customer base, its brand image, and the overall alternative sports category.
Between the years 2008 and 2010, the VHA hospitals and outpatient clinics that participated in the MOVE! program, screened for obesity and had 66% to 95% eligible patients within that time span. The number of patients attending the first session for the program has doubled. Approximately two-thirds of the 114,541 patients that attended the MOVE! treatment in 2010 said it was their first time attending. The other third has been participating in the program for years. The number of participants joining the MOVE! program has increased within the past few years.
When Mike Volkema, CEO of Herman Miller, abruptly attempted to appoint Gary Van Spronsen to executive vice president of offer development and marketing, Volkema was hesitant to get involved. Since 1992, Van Spronsen had worked feverishly to build a leader in the office furniture industry in the Herman Miller subsidiary SQA. Not only did Van Spronsen create the traction that prompted better customer service, a tailored product line and design process, but he also transformed the faltering subsidiary from a refurbishing company, into a position leader that develops their own products. Now, Van Spronsen was suddenly being called on to make the same impact on the second largest producer of office furniture in
Originally made for surfers, the board was meant to act as a surfboard riding waves, but for pavement. In the 1960’s companies began to mass-produce these boards due to the spike in popularity. Some of the more earlier surf skaters were; Mark Richards, Bruce Logan, Torger Johnson, and Dannel Bearer (Skateboarding History). The first trick called the “Kick tail” which was established during the 1970’s as well as Urethane wheels, which provided more traction, speed, and displayed innovation (Skateboarding History). In continuation, skate parks, pros, skate magazines, and movies arose in quantity. In the 1980’s more style of skating was introduced, street style. Like the great awakening, skaters began to build their own ramps and rails to skate. The trend topic for attire was the infamous baggy pants, shirts, and retro shoes. Skateboarding finally hit exposure when they attended the first X Games. This rejuvenated skating from an underground sport to a spectator sport. The skaters who attended the X Games also get paid money that ranges from 1,000 to 10,000 a month (Skateboarding History,). These now so called “Pros” received their possessions based on wins, talent, placement in competition, and the quantity of contest they participate
Companies today face many challenges to maintain market share and differentiate themselves from a highly competitive and ever evolving market place. Marketing is crucial to a company’s long term success. The aim of this paper is to use the “Nike - The art of selling air” case study and concepts from strategic marketing
I wanted to follow up with you regarding the issues with Travelodge SMV. I received the information back from legal yesterday and it has been submitted to Sam for the final signature. We will be covering the cost for the service call to fix the issue regarding the installation of the dish. I will follow up with you again later today once I hear back from the tech on when he will be out. Thank you,
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As the brand name of Nike continue to soar, other companies in the industry; learning from the success Nike has experienced, start focusing more on brand development to keep up with the increasing levels of competition. These companies resort to brand maintenance, which has become the main target in this industry due to product differentiation made by Nike. Nike, being market-advantaged, produces an extensive range of products, through which it gains a balanced level of profits. This has influenced rival companies to initiate a new range of products in their businesses too. Previously these companies had high risks of failing in business, if their single products did not appeal to the market. Due to the impact of Nike’s business strategy, the other companies are also enlarging their product range,
Over the past twenty-five years we have had to reinvent ourselves many times. The first surge was with the Waffle Trainer and the running craze. When that slowed, we thought we ran out of market. We had another surge with basketball behind Michael Jordan, and cross-training with Bo Jackson. Then again, we Thought our growth was dead. Another surge came in 1995, when Nike became fashionable and athletic urban wear became king. But,that too ended in early 2008, as did the health of the Asian economy. There we were, with an over-extended brand. Each time we reinvented our company. In 1995, when we reached $3 billion in sales, we said $5 billion was the absolute limit. Three years later we were closing in on $10 billion. Each time we did succeed it was due, in part, to
Their main target customers was said to be the “young, cool and competitive teenagers”. Other than these groups, they were also targeting the athletes and sports enthusiasts.
The VANS is an American shoe manufacturer, based in California, is first founded in the year of 1966 by Paul Van Doren together with his brother James and two other partners, targeting active individuals primarily in surfing and skateboarding. Skateboarding during 1960’s – 1970’s was considered as a disesteemed sports, was not so respectable, among the dominant culture in the society as it was aligned with the anti-establishment, anti-Vietnam, and anti-war sentiment.
Ans: Honda Motor company is basically a Japanese multinational company producer of motorcycles, power equipment and automobile. During the year 1960-1980 is the era of huge success period of the motor company. After gaining huge success in its home area company thought to penetrate in US market in 1959 onwards.
Sports’ marketing is becoming more readily known as the vehicle that drives the sports business to success. It is “orientated toward consumers and about thinking, deciding and acting in terms of the final consumer. You have to know who your consumers are, what they want and need and use this effectively as a sports marketer orientating the drive more toward the market, not the product (Sports Marketing: The motor that drives the sports business
Nike’s recent decline in market share and stock can be attributed to changing trends in consumer spending habits and apparel tastes. Nike can re-establish a competitive advantage in the short-run by implementing an innovative design team and brand ambassador. Long-run competitive advantage can be achieved by fully committing to a sustainable innovative business model or by incorporating innovative technology trends into their retail structure.
VF Corporation, headquartered in Greensboro, NC, is a large lifestyle apparel, footwear and accessories conglomerate, home to many popular brands that are recognized globally. VF Corporation is a global force of over 30 “diverse” and “iconic” brands that are well positioned internationally to serve customers and consumers (VF Corporation, 2016). The purpose of this analysis is to provide an overall outlook of the company and to create a strategic plan for the future of the corporation. Conclusions based off of the research into the financials, key strategies, SWOT analysis of VF Corporation will be discussed in order to form a strategic plan for the future of VF Corporation.