Adidas & Product differentiation
Simply put, product differentiation is a business strategy
in which a firms attempt to gain a competitive advantage by increasing the willingness
of customers to pay for the products or services they have to offer. When it
comes to having a competitive edge over the premier athletic wear brands,
Adidas has been able to maintain one through product differentiation. Not only
does Adidas offer clothes for the runner who needs new workout gear for their
upcoming marathon but they also offer top of the line clothing for the
fashion-forward person who wants to turn heads at the next social event they
attend. One of the biggest reasons that their product differentiation is so profound
is that even though their products are high quality, they actually price lower
than Nike in a lot of different areas strategically. Adidas has been able to
offer a unique variety of clothing for moderate prices and they continue to
bring new innovative features and products to the market. Many try to duplicate
their success but it is quite obvious and it only makes people want the real
thing even more.
Good one! My friend and I fight a lot over brands. I just shopped for 4 Workout Leggings from here and she is in love with those leggings. It was the end of discussion and she believed that this brand is one amazing brand that have a variety of design and style.
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