Question

In: Economics

Case study 2 Reebok is a sporting goods manufacturing company in the United Kingdom. It is...

Case study 2

Reebok is a sporting goods manufacturing company in the United Kingdom. It is one of the best-sellers among the top other finest sporting brands. The company‟s footwear, clothing, accessories, and sports equipment are in wide demand in many counties across the globe, and they are challengers for core branded companies for a quite span of time. For a long time, no competitor could compete with their products, and then came the Adidas Company of Germany as more challenging with more satisfactory and reasonably priced products to the customers. Though all the products are sporting products, there will be always various tastes and preferences in the minds of the customers. Reebok consumers like the way company‟s products are featured under various categories for different ages, ladies, men and children. Adidas carter the customers according to their income level and status.

Adidas has larger product line product than Reebok. Adidas Company is also very clear that they connect and engage with its customers as per their need and demand. Adidas sells a range of clothing items, varying from men's and women's t-shirts, jackets, hoodies, pants, and leggings. Adidas has many other business locations around the world such as Oman, India, Hong Kong, Toronto, US, England, Japan, Australia, and Spain. One of the main focuses of Adidas has always been football kits, and the associated equipment. Adidas remains a major company in the global supply of team kits for international association football teams and clubs. Adidas Performance was designed to maintain their devotion to the athlete; in comparison the Reebok Company has relatively less products than the giant Adidas Company. Thus the customers of Adidas were overwhelmed with the services and products of the second-largest best sporting manufacturing companies in the globe.

Question 2

  1. Evaluate the factors influencing the buyer behaviour of Adidas customer.

(4 Marks–100 /125 words)

ii. Design a promotional mix for Rebook to increase their sales. (4 Marks–100 /125 words) iii. Suggest a pricing strategy for Reebok Company to attract the customers.

(2 Marks– 50 /75 words)

Solutions

Expert Solution

ANS

1 .The factors that is influencing the buying behaviour of the purchasers of Adidas company are the different range of product for different income group people,the adidas has the compititive quality with reebok which also influences their customers.Adidas have opened their product units in many countries and also their influence with the worldwide famous sport football have increased the interest of their buyer towards the brand.

2 .The promotional mix is the combination of 4 promotion activities that are  public relations, advertising, sales promotion and personal selling , these activities may differ depending upon the market size of firm and their product lines.Currently Reebok can use advestising as it can associate with some public sports for advertising like adidas .Reebok can get associated with cricket.It can also work on sales promotion by giving discount offers to get more promotion in short span of time.

The pricing strategy of the reebok should be according to income level of different customers if it had to compete with Adidas.It should also produce medium range of shoes which are affordable to all along with pricy shoes which are more authentic. This pricing strategy would help reebok to generate more profits.


Related Solutions

Case study 5 Reebok is a sporting goods manufacturing company in the United Kingdom. It is...
Case study 5 Reebok is a sporting goods manufacturing company in the United Kingdom. It is one of the best- sellers among top other finest sporting brands. The company’s footwear, clothing, accessories, and sports equipment are in wide demand in many counties across the globe, and they are challengers for core branded companies for a quite span of time. For a long time, no competitor could compete with their products, and then came the Adidas Company of Germany in 1949...
Currency Crises in the United Kingdom and Hong Kong. please give this case study alternatives such...
Currency Crises in the United Kingdom and Hong Kong. please give this case study alternatives such , fiscal Policy with floating Exchange Rates. and specially focus on UK currency devaluation in the case given .
Suppose you are a U.S. based company and exports goods from the United Kingdom. In 90...
Suppose you are a U.S. based company and exports goods from the United Kingdom. In 90 days, you expect to receive payment for a shipment of goods from the UK worth 100,000 British pounds (settlement). The US risk free discrete rate is 2.6% and the UK risk free discrete rate is 4.0%, and the current FX spot rate is $1.23 per pound. A. You expect the UK pound currency to decrease against the US dollar over next 90 days. Please...
On 10th February 2016, KILPATRICK LIMITED a company based in the united kingdom sold goods worth...
On 10th February 2016, KILPATRICK LIMITED a company based in the united kingdom sold goods worth $2,000,000 to a company in canada and gave three months credit. The canadian company is therefore expected to pay kilpatrick limited by 10th May, 2016. The company expects the british pound to appreciate against the canadian dollar and wants to lock into the current exchange rate of $1.85/£. The management of kilpatrick limited have been advised to set up a money market hedge using...
The total price of purchasing a basket of goods in the United Kingdom over four years...
The total price of purchasing a basket of goods in the United Kingdom over four years is: year 1=£840, year 2=£870, year 3=£900, and year 4=£970. Calculate two price indices, one using year 1 as the base year (set equal to 100) and the other using year 4 as the base year (set equal to 100). Round to the nearest 100th. Then, calculate the inflation rate between year1 and year 4 based on the first price index series. If you...
1) An entity in the United Kingdom, sells goods to a Swiss entity on May 1,...
1) An entity in the United Kingdom, sells goods to a Swiss entity on May 1, 2012 for the amount of 750,000 Swiss francs (SWFr). The payment is received August 1, 2012. The rate of Exchange from May 1, 2012 £1 = SWFr 3.5544. 1. August 2012, was £ 1 = SWRf 3.7081. The accounting year of the company closes on September 30, 2012 and the currency in which the financial statements are reported in British pounds. Record this transaction...
1) An entity in the United Kingdom, sells goods to a Swiss entity on May 1,...
1) An entity in the United Kingdom, sells goods to a Swiss entity on May 1, 2012 for the amount of 750,000 Swiss francs (SWFr). The payment is received August 1, 2012. The rate of Exchange from May 1, 2012 £1 = SWFr 3.5544. 1. August 2012, was £ 1 = SWRf 3.7081. The accounting year of the company closes on September 30, 2012 and the currency in which the financial statements are reported in British pounds. a)Record this transaction...
A sporting goods manufacturing company wanted to compare the distance traveled by golf balls produced using...
A sporting goods manufacturing company wanted to compare the distance traveled by golf balls produced using each of four different designs. Ten balls were manufactured with each design and were brought to the local golf course for the club professional to test. The order in which the balls were hit with the same club from the first tee was randomized so that the pro did not know which type of ball was being hit. All 40 balls were hit in...
Tournament Sporting Goods
a. Use the information below from Tournament Sporting Goods annual financial statements to calculate the actual and sustainable growth rate for each year.b. Do you think Tournament Sporting Goods is having a problem financing its growth? Is the increase in dividends a good idea for the company?
BG Ltd, a company resident in the United Kingdom and MCT Ltd, a company resident in...
BG Ltd, a company resident in the United Kingdom and MCT Ltd, a company resident in Germany have been awarded contracts by RJ Sdn.Bhd, in connection with the construction of a bridge in Malaysia. RJ Sdn.Bhd carries on the business of construction in Malaysia. BG Ltd engineers will design the bridge wholly in United Kingdom. It will not be necessary for BG Ltd to send its engineers to Malaysia, BG does not have any branch in Malaysia. MCT would be...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT