reebok easytone brand audit
DESCRIPTION
Presents an overall brand audit of Reebok Easytone brand.TRANSCRIPT
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About ReebokFounded by: Joseph William Foster,
1890 in UK.
Sub Brands• Toning and shaping Reebok
EasyTone
• training activities Reebok ZigTech
• flexible movements Reebok RealFlex
2009
2011
2010
Reebok Classic Collections
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Brand Owning Organization
Subsidiary of Adidas Group since 2006
Uli Becker – president of Reebok
8,000 employees
2010 – revenue of € 1,603 billion (19.3 %
growth)
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Overview of Reebok EasyTone
2007 – Run Easy & “There are two people in everyone”
2008 – “Your move”2009 – EasyTone toning shoes
New balance pod technology28 % more effective toning of butt & 11 % more
on leg muscles 2011 – EasyTone tops & trousers
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Brand Value Proposition Functional benefits: Toning, shaping,
Strengthening, conditioning, flexibility. Distinctive emotional benefits: Comfortable,
enthusiastic, confident. The Values of this brand:
“Empowering”, “Individualistic”, “Innovative”. Brand Aura: Tone and shape your body to have
healthy fitness lifestyle. Brand Promise: Tone key muscles
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Current Brand Communication Audit
Reebok 2012 campaign – Newer Ads
featuring the celebrities.
Reebok EasyTone Official Website
Mobile Applications
Social Networking Website
Posters, Online Marketing, TV Ads.,
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Competitor & Substitute Analysis
Main category competitors:Adidas 33 % market shareNike 28 % market shareUmbro 9 % market share
Indirect competitors:Kappa PumaAsics
Substitutes:Regular sneakers
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PEST AnalysisPolitical trends:
UK Government supports the footwear industryLondon 2012 Olympic Games & Paralympic GamesOutdoor learning in schools
Economic trends:Big impact on the footwear industryFinancial crisis in 2008 – decrease of 8 % in salesConsumers are more cautious about spending
money
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Social trends:Healthy lifestyle is trendy – rise in fitness
memberships in UKThe sport sector will grow during the next 10
yearsObesity among children in UK – 31 % of
children are overweight
Technological trends:New technology ?Going to be more into fitness – toning –
activating muscles – drive muscle development
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Category AuditGrowth/decline of the Industry:
In the last two years Reebok has been experiencing positive outcome with regards to sale.
Since Easytone’s release, Reebok gained 6% of the market share in 2009.
Introduction of sub-category products.
Future prospects: The product’s involvement in the 2012 Olympic Games and
Paralympic Games. Change in consumer purchase pattern due the unstable
economic situation in U.K. Commercialise Easytone as a gym wear shoe and not merely a
walking fit shoe.
New Sub-categories: “Grow as a brand.” Introduce Easytone gym equipment and fitness videos.
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SWOT AnalysisStrengths Weaknesses
- Well established sub-brand in spite of their recent entry into the UK market.- Attractive campaigns which appeals to their target segment.- Continuous growth of sales since its launch
- EasyTone category is not as well established in the men ‘s segment as it is in the women’s.
- Failed to keep its brand promise which resulted in law suits filed by consumers. This may affect the customers’ trust and loyalty.
Opportunities Threats
- Expand the product category to men and other age categories (kids).
- Can help reduce obesity among children
- Growth of the sport’s industry
-Possible new entrants/competitors.-Consumers may feel the technology Reebok EasyTone uses is not working after the Court declared the brand has not kept its promise.
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Conclusion- Fitness & training are the backbone of Reebok EasyTone’s
positioning.
- Impressive launch of the product through provocative and creative marketing tactics.
- But They failed to keep their brand promise due to technological requirements were not met.- Introduction of the long bra and capri pants.
- How can Reebok regain its customers loyalty and trust?
- Expansion in to a new target market, promote Easytone for kids to prevent obesity.
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References Books: Keller, Kevin Lane, Apéria, Tony and Georgson, Mats, Strategic Brand Management A European Perspective,
Prentice Hall, 2008 Barbin, Barry J. and Harris, Eric G., CB3, 3th edition, South-Western, Gengage Learning, 2012 Websites: http://www.reebokeasytone.co.uk/ http://corporate.reebok.com/en/reebok_history/default.asp - located 8 March 2012 http://corporate.reebok.com/en/about_reebok/executive_bios/uli_becker/default.asp - located 8 March 2012 http://corporate.reebok.com/en/about_reebok/executive_bios/default.asp - located 8 March 2012 http://corporate.reebok.com/en/about_reebok/faq_section/general_questions/default.asp - located 8 March 2012 http://www.adidas-group.com/en/pressroom/assets/pdfs/2011/Press_Release_Q42010_e.pdf - located 8 March
2012 http://www.adidas-group.com/en/investorrelations/assets/agm/2011/GB_2010_En.pdf - located 8 March 2012 http://adidas-group.corporate-publications.com/2008/gb/files/downloads/en/30-PDF_Files-Reebok_Business_Perf
ormance.pdf - located 8 March 2012
http://www.wowbc.co.uk/showcontent.php?id=181&fb_source=message – located 11 March 2012 http://www.guardian.co.uk/society/2012/mar/11/obesity-children-healthcare-food-industry - located 11 March
2012 http://www.retailgeeks.com/wp-content/uploads/2010/06/Where-Does-Toning-Go-Next_2010_0614.pdf - located 11 March 2012 http://corporate.reebok.com/en/news/2009/No_Ifs_and_or_Butts_About_It_EasyTone.asp - located 14 March
2012 http://www.nytimes.com/2011/09/29/business/reebok-to-pay-in-settlement-over-health-claims.html?pagewanted
=all - located 11 March 2012
http://mweigel.typepad.com/canalside-view/2011/09/fashionable-yet-bankrupt.html - located 12 March 2012 http://www.marketingweek.co.uk/reebok-begins-to-regain-lost-ground/2012097.article - located 12 March 2012 http://www.slideshare.net/anmuth/easy-tone-marketing-plan - located 12 March 2012 http://www.dailymail.co.uk/tvshowbiz/article-2103659/Kelly-Brook-new-Reebok-EasyTone-campaign-makes-spor
ty-sexy.html - located 11 March 2012
http://www.adidas-group.com/en/investorrelations/corporate_governance/codeofconduct/default.aspx - located 14 March 2012
http://www.naturalstep.org/en/usa/nike-s-core-values - located 14 March 2012 http://michaelsam85.wordpress.com/2011/05/12/how-does-nike-communicate-its-values-to-its-target-audience/
- located 14 March 2012