Essay Available:
Pages:
2 pages/≈550 words
Sources:
4 Sources
Style:
APA
Subject:
Business & Marketing
Type:
Coursework
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 11.66
Topic:
sports marketing research and how to apply it to a sports brand or product:
Coursework Instructions:
See attached
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Components of Sports Marketing Research and Their Application to the Adidas Brand
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Components of Sports Marketing Research and its Application to the Adidas Brand
The utilization of sports marketing research is crucial for brands aiming to achieve long-term success in the ever-changing sports industry, where consumer tastes and market trends change quickly. This essay explores the complex elements of sports marketing research and uses Adidas, a major player in the world of athletic footwear and apparel, as an example of how it may be used practically. According to Da Silva et al. (2020), Adidas's success may be attributed to more than just making premium sportswear; it also shows how well the company uses consumer behavior analysis, market research, strategic positioning, technological integration, and powerful collaborations. By dissecting Adidas's strategy, we can learn more about how a company can use sports marketing research to not only adjust to a constantly shifting environment but also proactively define its brand, connect with a variety of consumer groups, and stay at the forefront of innovation and cultural significance in the sports industry.
Adidas begins with a thorough analysis of its target market. Global sports lovers' tastes, demographics, and behaviors are the subject of much research. Adidas understands that its customers have different needs, thus it designs its product ranges to accommodate a variety of sports activities (Kaseva, 2018). Whether it's basketball, soccer, running, or lifestyle fashion, Adidas consciously portrays itself as a brand that appeals to several sports market niches. Analyzing consumer behavior is something Adidas values highly. The c...
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