Puma's Marketing Strategy
Marketing vision and goals
Puma's marketing vision today centers on its representation of positive values both in life and in sport. Its goals include a continuing penetration of markets beyond the sports of football and running where it has achieved its best success to date and the further penetration of the U.S. market.
Product strategy and positioning statement
In the intereste of achieving these ambitions, Puma introduced a new positoning statement in 2009 which would articulate this vision of positive values in life and sport. According to Puma (2013), the company "refined our brand manual. '10' is the very first brand manual to incorporate the four keys to success of the global PUMAVision -- fair, honest, positive and creative. Our brand mission -- to be the most desirable Sportlifestyle brand in the world -- has not changed at all." (Puma SE, p. 1)
With respect to the strategy of maintaining and extending these values, Puma must face many of the controversies that have impacted its reputation in relation to the labor and environmental practices of its outsourced production facilities. As these impact the company's public image, so too do they threaten the credibility of this positioning statement. The same is true of its product strategy.
Here, Puma declares that "Joy' is what we will try to bring to our consumers and is what will differentiate us from our...
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