Saturday, November 7, 2015

Chapter6: Consumer Decision Making



Chapter 6: Consumer Decision Making
With consumer preferences always changing, marketers must understand their consumer’s desires in order to make profitable decisions. This is why studying the market is essential for a future of a company to succeed. This is what brought a company like Adidas into existence. Seeing a need for performance goods was their first and biggest decision that would sky rocket the company to one of the biggest shoe providers around the world.

On the other hand consumer needs aren’t the only options marketers such as Adidas look at. With the start of Adidas Originals, the company was now being influenced by cultural background. In the 1980’s rap group Run-DMC where big fans of Adidas and were popularized by their Adidas track suit and superstars sneakers without laces. They appreciated the company so much they made a single titled “My Adidas” which blew up and got the group there own sneaker with Adidas. This would be the start of Adidas collaborations with those other than athletes.
Adidas is a world renounced brand that continues to evolve and reach out to meet the needs of consumers. They have three main brands under the Adidas name; Reebok, which became the brand of fitness, Taylor Made, Adidas’ golfing franchise, and lastly Adidas, the branch that handles performance and fashion. They will continue to grow and make decisions that will be our world’s leading brand in shoes