Wednesday, May 6, 2020
Competative Analysis Puma, Reebok, Adidas and Nike.
Competitive Analysis Parameters | | | | | Price | Medium to high300 ââ¬â 700 DKK | Medium to high400 ââ¬â 1000 DKK | Medium to high300 ââ¬â 3500 DKK | Medium to high200 ââ¬â 500 DKK | Promotion | * Online shop * New products * Events * Charity * Celebrities * Environmental ââ¬â friendly products | * Online shop * Events * Donations * Environmental ââ¬â friendly products * Celebrities | * Online shop * Events * APPââ¬â¢s on iPhone * Environmental ââ¬â friendly products * Celebrities | * Online shop * Events * Donations * APPââ¬â¢s on iPhone * Discounts | Brand image | Worldwide known brandThe company is best known for its soccer shoes. | Worldwide known brandA leading supplier of athletic shoes, apparel, andâ⬠¦show more contentâ⬠¦Adidas brand communicates the companyââ¬â¢s goal of fusing sport performance and style competing very closely with Nikeââ¬â¢s value proposition. ââ¬Å"Sport per formanceâ⬠, ââ¬Å"sport heritageâ⬠and ââ¬Å"sport styleâ⬠are the three different areas that Adidas has chosen to compete with the value propositions of their traditional competitors. Nike has developed a brand that has global reach trying to bring innovation and inspiration to every athlete in the world. They has partnered with the worldââ¬â¢s most famous athletes to build their recognition and reach, perfectly demonstrating the power of image marketing. As well as Puma, Nike has extended their brand by creating concept retail stores. Nike differentiates themselves from Puma by focusing on ââ¬Å"performance driven styleâ⬠, whereas Puma focus on ââ¬Å"lifestyle driven styleâ⬠. Adidas tries to improve their performance through technological innovation similar to Nikeââ¬â¢s brand. Through the years Reebok has developed a brand that focuses on the lifestyle as well as ââ¬Å"having fun staying in shapeâ⬠. Reebok is fresh brand, but not as trendy as Nike and Adidas. Like most of the other brands Reebok tries to promote themselves through famous athletes as well. They gain ground across all sports against its competitors. In recent years Reebok invested in innovative designs to make their sports footwear much more comfortable. Design Puma is a well-known brand, but, unfortunately, not one of the most preferred. To analyze consumerââ¬â¢s
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