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Pages:
2 pages/≈550 words
Sources:
1 Source
Style:
APA
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
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MS Word
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Topic:

Adaptive Sports Global (ASG) Company Core Competency

Essay Instructions:

Adaptive Sports Global (ASG)
The following Course Outcome is assessed in this assignment:
MT450-1: Examine how marketing strategies influence marketing decisions.
Introduction and instructions: In this assignment, you have the opportunity to demonstrate your understanding of concepts from your reading as applied to a simulation.
First, read the background concerning the scenario Adaptive Sports Global (ASG) company. Then view the simulation provided all the way through to gain a glimpse of what it might be like to work as a marketing product line manager in a well-funded startup company.
The second simulation will provide details you need to understand to more successfully complete the assignment. Once you have thoroughly viewed the second simulation at least once, address the required checklist items below to complete the assignment.
Scenario: Adaptive Sports Global
Read Adaptive Sports Global (ASG) background information needed for This assignment.
-View the meeting of the marketing director at Adaptive Sports Global (ASG), and the marketing management team meeting, to begin to develop the marketing strategy and marketing plan 
- View the simulation for details for the assignment below.
• Choose one of three product lines listed on Tab 2 for which you want to be responsible. Then respond to all the checklist items.
Disclaimer: This exercise may include actual companies and brand names solely for instructional purposes; this exercise is not associated with any such actual company or brand name. All trademarks remain the property of their respective owners. Continue on to tab 2 to read about the three product lines.
Choose one of three product lines listed on Tab 2 for which you want to be responsible.
Then respond to all the checklist items.
The first products within each of these three product lines that ASG will introduce to the market in three months (in the colors of red, navy, white, blue, black, green, and grey- unless otherwise stipulated) are:
Product line 1. Winter line:
Ski poles that convert to adjustable shock resistant hiking poles with a push of a button.
Skis that become snowshoes. Retractable length and when a button is pushed, cleats descend.
Ski boots (black or brown) that adapt to sleet, ice, or snow and/or unstable terrain, with retractable cleats; these boots can even be used for golfing.
Snowboards (ultra-aqua; navy; grey with logo) with lightweight retractable legs that become benches.
Product line 2. Spring/Summer/Fall line:
Boat and parasailing sails that adapt to wind, rain, and temperature conditions. They come in sizes for standard craft and in several colors. Parasails also double as tents.
Tennis rackets that convert to racquetball rackets with a collapsible shaft that stays stable under any normal use impact conditions.
Hiking/walking shoes (brown or black) that are waterproof but breathable and elevate when thick mud or rain are detected.
Surfboards (white/blue stripes; blue, white stripes) have collapsible legs to convert to beach lounges.
Product line 3. Apparel: Hats, helmets, vests, and jackets (male and female lines): Fabrics and materials that adapt to the wearer’s temperature and the ambient temperature and that are sustainably made in the United States (US).
Based on your analysis of the information provided regarding ASG and the simulation details provided on the previous tabs:
• Describe the company’s core competencies based on the limited information in the scenario.
• Provide a general company SWOT analysis based on the company scenario.
• Explain which of Porter’s three overall marketing strategies from the learning activity the company should use and why.
• Identify your chosen ASG product line.
• Summarize the competition to your chosen product line as found on the Internet.
• Explain the distribution strategy that should be used for this product line. Should ASG consider strategic alliances for your product line? Why or why not?
• Analyze how your chosen marketing strategy (from Porter) shown above impacts what the 4 Ps will be for one (1) of the products from your chosen product line.
Respond in a minimum 350- to 500-word document in Microsoft® Word® in addition to the title and reference pages using current APA format and citation style (see Unit 1 Reading area for APA assistance). Consult the Assignment 1 rubric to assure you address all checklist items before submission.

Essay Sample Content Preview:

Adaptive Sports Global (ASG) Company
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Adaptive Sports Global (ASG) Company Core Competency
ASG places a lot of emphasis on product development and innovation. They are constantly considering fresh approaches to improve and expand the accessibility of their items. They are committed to using eco-friendly techniques in their continued efforts to decrease their adverse impacts on the earth. Additionally, situated in the United States, their production technique gives them a marketing advantage. The firm enjoys a significant competitive position in the industry thanks to its key strengths (Ferrell et al., 2021). Because of their emphasis on innovation and quick response time to shifting market situations, they are consistently one step ahead of the competition. Moreover, they have a competitive advantage over their rivals thanks to their dedication to sustainable business methods and American production.
ASG SWOT Analysis
The business prioritizes innovation, which has enabled it to rapidly modify its goods in response to shifting market circumstances. Because of this, it has been able to compete in the market for adaptive sports. The business’s dedication to sustainable methods has also been a significant asset. This has aided in separating the business from its rivals and fostering a sense of brand credibility. Its low brand awareness is one of its main flaws. Due to the company’s tiny size, it has not had a comparable marketing budget as its more established rivals. The business also depends on a limited number of wholesalers. The market for adaptive sports is expanding, which is one of the significant potentials. The firm is in an excellent position to benefit from this market’s anticipated strong growth over the coming years. The business also has the opportunity to create new marketplaces for its goods (Mothersbaugh et al., 2020). Competition from bigger businesses is one of the major threats. These businesses can provide lower prices since they have more resources. The company may also see changes in governmental rules. These modifications could significantly impact the company’s operations since they might make it harder to sell its products.
Porter’s Marketing Strategy ASG Should Use
* Differentiation: Offering a unique good or service that is difficult to duplicate can help with this. Establishing a strong corporate image will also aid in setting the business apart from rivals.
* Niche Market: The business should concentrate on creating a niche market. This can be accomplished by focusing on a particular client demographic with a distinct need or desire (Ferrell et al., 2021). After that, the business might modify its goods and se...
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