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One of the most well-known sports brands, Adidas develops, manufactures, and produces a range of sportswear and accessories. This business was established in 1924 by Adi and Rudolf Dassler, two German brothers. Dassler Shoes was the original name of the business.
But later, in 1948, Rudolf quit his job and departed to create his own business, which he called Puma. One of Adidas' competitors is now Puma. After that, Adi changed the company's name from Dassler Shoes to Adidas.
In 1949, Adidas registered its name. Up until 1972, it began to become one of the most well-known brands of sporting footwear. Nike was introduced in 1972 at the Olympics. Adidas, however, was still doing well. When Run-DMC, one of the most well-known hip-hop dance groups, wore the label and modernized it, it became popular again.
Adidas swot analysis is the type of method that helps to measure the internal factor that is affecting the company. SWOT represents strengths, weaknesses, opportunities, and threats.
Pestle analysis of Adidas examines the company's commercial strategies. Adidas pestle analysis looks at the numerous external factors—political, economic, social, and technological—as well as the legal and environmental ones—that have an impact on company operations. In addition, the pestle analysis emphasizes the various extrinsic circumstances that have an impact on the brand's business.
Adidas primarily targets young people between the ages of 13 and 30 who are interested in sports or other activities. Although their products are priced affordably, the quality is top-notch.
At first, it was solely intended for athletes who participated in a variety of sports. Still, as fashions changed, individuals from other fields began buying the products because of their great quality. As a result, Adidas has kept its prices in a range where those in the middle class may also purchase the goods.
Teenagers that participate in various sports are its main target market. One sport where Adidas shoes have seen increasing demand is football, and these shoes are still in use today. However, there is also a different audience subset that is not interested in sports. Instead, they choose shoes based on their design and brand name. Typically, this audience consists of boys and females between the ages of 16 and 25.
Adidas is flexible with its retail partners. The brand's merchandise is available anywhere on the high street, except in the original Adidas stores. In addition, there may be several sections, such as those for swimwear, football, or fashion.
Based on the reputation and market worth of online retailers like Asos, Adidas also permits the sale of its products there. In contrast to its rivals, such as Puma, Nike, etc., Adidas uses a premium price approach for its products. Adidas' pricing suggests that it offers higher quality than other brands and a more upscale lifestyle than its rivals.
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Ans. Adidas is one of the leading sports shoe companies with a large market base and a strong sales and distribution channel worldwide. Adidas's case study helps to analyze several important factors related to business operation, marketing, and supply chain. It allows the students to understand the company's strengths, weaknesses, and opportunities and learn about the strategies used by the company to meet the demand at competitive costs.
Ans. SWOT analysis is a tool used to create an effective strategic plan that outlines the strengths, weaknesses, opportunities, and threats of a company or a company's particular work sector. The report helps to identify the booming sectors of business while highlighting the weaknesses and threats that the companies must address at the earliest. It also searches out opportunities that an organization must acknowledge and use to its advantage.
Ans. The primary difference between a SWOT and Pestle analysis is that a SWOT analysis focuses on the internal factors, while a Pestle analysis identifies the external aspects of a business. A SWOT analysis identifies the company's elements, like strengths, weaknesses, opportunities, and threats. A Pestle analysis applies to six external factors impacting the business – political, economic, social, technology, legal, and environment.
Ans. Follow these guidelines to go about SWOT analysis successfully:
For PESTLE analysis:
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