PRESENTATAION ON SP0RTS SHOES                 PRESENTEDBY:-                VIVEK RANJAN                    ISMS 1103
PRODUCTProduct is anything that satisfies human wants .
CLASSIFICATIONOn the basis of tangibilityOn the basis of purpose of useBased on functional lifeBased on shopping habitBased on price and qualityBased on product developmentBased on brand hierarchy
PRODUCT STRATEGYProduct item
Product line:- a)stretching                            b) line pruningCore product development
Packaging:-a)easy to carry                       b) easy to recognizePackaging strategy
NEW PRODUCT DEVLOPMENTConsumers seek  better and improved  sports shoes  that are comfortable and provide value for money.
CLASSIFICATION OF NEW PRODUCTS New to the world
New product line
Addition to the existing product
Cost reductionCHALLENGES IN NEW PRODUCT DEVELOPMENTAverage age of a product on decline
Consumers taste changes regularly
Competitors come up with new productBRAND MANAGEMENTMarketing relies on branding to give product /services an identity ,personality, image etc.For ex.:-NIKE is the name of the company. Air turbulence is its brand.
BRAND CONCEPTNIKE symbol is kxhsxjs . Its punch line is “no pain no gain”.Similarly ADIDAS symbol is              . Its punch line is “impossible is nothing.                                   These punch line and symbols differentiate one company with other.
BRAND IDENTITYIndividual name
Product group family name
Blanket family
Multi - brandingPricingstrategySince shoes market is facing stiff competition so companies adopt to competition based approach to price the sport shoes . In this the different strategy are:-Competitive approach
Going rate approach                               apart from that companies also resort to psychological pricing. In this the different types of pricing  strategy are:-
Image pricing
   Reference pricingPRICE WAR Reasons for price war:-To capture the maximum percentage of market.
To capture the customer of other brand.
To ward off competition and competitors.Benefits to consumersWide range of shoes available in the market .
Better product at lower price.Loss to the customerLow quality
Less after sales servicesHow to fight price war?Diagnosis
Prescription

Project On Sports Shoes