Last Updated 20 Apr 2022

Adidas’ Globalization Strategies

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Adidas was a global organization, so it implemented the concept of “global brand, local touch” to achieve its target in the competitive market. First, Adidas applied the strategies that anticipating and fulfilling consumer desires to build powerful brands, so that a lot of people know “Adidas” in global sporting market. Also, Adidas clearly understand that the consumer-oriented structure is unique in the industry, which will bring a competitive advantage for Adidas Group.

Consumer buying and brand perception in the sporting goods sector are linked to market-leading, high-profile technologies and cutting-edge design that capture consumer imagination. Therefore, Adidas are committed to keeping its product pipeline full with new, exciting designs and technologies. Developing leading positions in all major markets In order to develop leading positions, Adidas was aimed to the regional market to select consumers groups, set up the target for each area, and implement different promoting activities. Read how a survey of hobbies and purchases can help a producer

For example, in Europe, Adidas extend its leading position by concentrating on key categories such as football and running. In North America, its goal is to significantly increase both market share and profitability within the next three to five years. In Asia, Adidas are striving to generate sales of over $ 2 billion by 2008. In Latin America, Adidas will deliver continued strong top-line growth in the next three to five years while improving both efficiency and profitability. Read about The Effects of Technology on the Accounting Profession

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Related Questions

on Adidas’ Globalization Strategies

What is the global strategy of Adidas?

Global strategy A company that has a global strategy views the world as one market and tries to standardize their marketing activities. Nevertheless, product adaptations are made where they are necessary. As mentioned before adidas is a global company.

How can Adidas’s new materials give it a competitive advantage?

Continual and increased investment in technological development and the manufacture of new materials can provide Adidas with an edge over its competitors. Adidas announced that it will expand the product lines using newly launched fabrics made from recycled marine plastic and polyester. [7]

What threats Adidas’s e-commerce strategy?

Rapid Expansion and Adoption of Ecommerce: Companies are adopting the rapidly expanding e-commerce at an alarming rate, which can pose a threat to Adidas if its main competitors such as Nike and Puma adopt e-commerce before them.

Is Adidas gearing up for a high jump in the future?

The brand is gearing up for a high jump in the near future. Its new business strategy encompasses several things from changing the company’s strategic focus to creating more sustainable products and technological innovation. Adidas is aiming to become the first true fast sports company in the world.

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