Vans Assignment Answers
Candice (Shuang) Zhang
Oct. 10th
1. What were some of the key characteristics of Vans’ earliest customers in the 1960s and 1970s? What was the public perception of skateboarding during this er In 1960s, Vans Doren set out to make the most durable and affordable casual deck shoe in the market. Unlike other shoes manufactures, Vans sold its sneaker directly to customers out of its own retail store in Anaheim, California. Customers could enjoy customized Vans. But the industry insiders derided the unconventional business model which actually fulfilled customers' needs. By the end of 1960s, the canvas had developed a small but loyal following among the Southern California surf set. In 19670s, Vans became
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Vans also use product mix, channel mix, promotion mix to fulfill customers' needs. A serial of activities not only gains public support but also economic benefits.
4. In recent years, Vans has expanded in a number of directions. The company has (a) increased the number of sports it is affiliated with; (b) diversified its product portfolio; (c) expanded its distribution; and (d) broadened its promotional mix. Analyze each of these decisions in terms of their impact on Vans’ customer base, its brand image, and the overall alternative sports category. (a) increased the number of sports it is affiliated with; would help not only to build brand credibility, but also build a bridge to new customer markets. (b) diversified its product portfolio; extend target customers and meet the variable needs of customers. (c) expanded its distribution; increase Vans overall penetration, both at the core shops and in the second & third- tier outlets. (d) broadened its promotional mix: through triple crown series, vans warped tour, vans skatepark, and endorsements of athletes, Vans enhanced its brand image by really caring about athletes, core sports and entertainment.
5. The biggest question facing Schoenfeld now is “how to drive that next stage of growth” (case p. 2). The first option is to focus on the shoe category. The
An athletic shoe company can also diversify its company through concentric diversification. This type of diversification can help companies conquer instance two of leverage existing competencies and capabilities by expanding into businesses where these same resource strengths are key success factors and valuable competitive assets. The company can increase its production portfolio by adding new products, which will allow them to fully utilize the potential of the existing technologies and marketing system. This method will allow them to also become more financially efficient because they are using the resources that are already available to them.
1. Target a new customer segment that id young and always ready to try something new and exciting.
Improve and Expand Brand Location - Providing the brand with more accessible locations for customers to access and meeting the standards of the market as well as the customers.
A. more and more options for companies large and small to engage in sport sponsorship
He began by discussing the incomprehensible recovery of then-terminally-uncool hush puppies shoes in the midst of a few of hipsters in Manhattan’s cutting-edge regions in the 1990s, a development which soon extended across the United States and resulted to exponential increases in the company’s sales. Using this sensation as an introduction to the book’s methodical theme, the author states that he will recognize, dissect and give details on the mechanisms by which certain trends occur, while others fail.
He began by discussing the incomprehensible recovery of then-terminally-uncool hush puppies shoes in the midst of a few of hipsters in Manhattan’s cutting-edge regions in the 1990s, a development which soon extended across the United States and resulted to exponential increases in the company’s sales. Using this sensation as an introduction to the book’s methodical theme, the author states that he will recognize, dissect and give details on the mechanisms by which certain trends occur, while others fail.
D. New products offerings by a competitor may require adjustments to one or more components of the firm’s marketing mix
During WWII, the Holocaust took place; meanwhile, over 62% of the 6 million people killed were killed from being gassed. The Germans were looking for a more efficient way to kill a mass amount of people and they could not stand the idea of having a gas chamber in a fixed location(Beer, "The Final Soultion"). Their want to kill more people led to the creation of gas vans. However, there were other ways to kill people by gas that were also very effective. By using gas vans the Einsatzgruppen realized that they could make the mass killings more secretive and efficient than any other form of a gassing death. The first use of gas vans was in Poland around the year 1939(Halbersztadt).
A. Assess and fully critique the success of Canadian Club’s repositioning strategies used in the case. Use brand theories and concepts to evaluate the company’s branding strategies listed in the case.
Over the past twenty-five years we have had to reinvent ourselves many times. The first surge was with the Waffle Trainer and the running craze. When that slowed, we thought we ran out of market. We had another surge with basketball behind Michael Jordan, and cross-training with Bo Jackson. Then again, we Thought our growth was dead. Another surge came in 1995, when Nike became fashionable and athletic urban wear became king. But,that too ended in early 2008, as did the health of the Asian economy. There we were, with an over-extended brand. Each time we reinvented our company. In 1995, when we reached $3 billion in sales, we said $5 billion was the absolute limit. Three years later we were closing in on $10 billion. Each time we did succeed it was due, in part, to
To Jebbia, most if not all articles in the press written on Supreme get it wrong. “All the magazines, if they’re being nice, just think we’re some cool little skate shop doing kickflips downtown. They always write the same thing over and over.”
1. Discuss the factors that have resulted in Nike Football becoming over a $1 Billion division and a major force in the football market.
Vans is considered as the largest and most profitable show manufacturer in the world. Vans’s success relies on the network structure that Vans founder and CEO Philip Knight created, allowing the company to produce and market shoes. Basically, the virtual organizational architecture that would allow Vans to focus on some functions such as design and leave others like manufacturing to keep costs low and to give the company greater flexibility. By far, the largest function of Vans Oregon is the design function responsible for pioneering innovations in shoe design while the rest of the major functions are scattered in Southeast Asian suppliers like China and Malaysia. Strategic alliances are important aspects of Vans production particularly
The company has (a) increased the number of sports it is affiliated with; (b) diversified its product portfolio; (c) expanded its distribution; and (d) broadened its promotional mix. Analyse each of these decisions in terms of their impact on Vans’ customer base, its brand image and the overall alternative sports category.
Brand positioning can play a pivotal role in the overall success of a brand and is described in the following ways. Kapferer (2008 p. ) argues that “brand positioning is about emphasising the