Marketing
Marketing
20th Edition
ISBN: 9780357033791
Author: Pride, William M
Publisher: South Western Educational Publishing
Question
Book Icon
Chapter 6.1, Problem 3VC
Summary Introduction

Case summary:

Company N is multinational corporation that engages in manufacturing, development of worldwide marketing of footwear, clothing and equipment. It targets the professionals and consumers with the innovative shoes like sports shoes, tennis, soccer and basketball.

With the introduction of variety of products in the market it has gained a competitive advantage over their competitors like Company A, Company P and other competitors.

Company N introduces the Product Z high performance sneakers. It helps the marathon runners and it continuously invest heavily in developing advanced components in this product. Careful marketing is one of the key elements in the company’s marketing shoes.

Through Product Z, company gained a product reputation and desirability within the target market. It dominates in basketball shoes in Country U. Later on, it gains brand name and customer’s loyalty.

To discuss: Ways that Company N assess their competitors based on market to the segment of consumers for Product Z.

Blurred answer
Students have asked these similar questions
Identify the marketing problem identified
Tesla Model 3 is planning to launch in December 2021 in India. As a Marketing Consultant explain the steps that you will suggest for the New Product Launch?
describe all the types of utility the producers and/or distributors for NIKE and COACH create with their goods, as well as who creates it and how.
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
  • Text book image
    Marketing
    Marketing
    ISBN:9780357033791
    Author:Pride, William M
    Publisher:South Western Educational Publishing
Text book image
Marketing
Marketing
ISBN:9780357033791
Author:Pride, William M
Publisher:South Western Educational Publishing