TaylorMade-adidas_Golf_Strategy by qingyunliuliu

VIEWS: 65 PAGES: 6

									taylormade-adidas Golf strategy
taylormade-adidas Golf’s aim is to be the leading performance golf company in the world in terms of sales and profitability. it
combines three of golf’s most well-known and respected brands: taylormade, adidas Golf and ashworth. the segment’s primary
strategic pillars are to continuously develop and commercialise innovative, technologically advanced products while at the same
time maintaining credibility through high visibility on professional golf tours. in addition, leveraging brand equity through the
creation and execution of new marketing and retail initiatives as well as improving global distribution are key priorities for long-
term growth.


                   capitalising on the strong market               The segment therefore strives to extend      To attract the most talented players,       marketing excellence as a
                   positions of three well-established             its leadership position with a continued     TaylorMade-adidas Golf offers a com-        key success factor
                   brands                                          focus on innovation and cutting-edge         prehensive service to the world’s leading   Well-coordinated and consumer-relevant
                   TaylorMade-adidas Golf implements a             design while introducing at least one        players. For example, the TaylorMade        marketing is paramount to attaining
                   multi-brand strategy comprised of three         major product innovation or evolution        support fleet travels the PGA and Euro-     sustainable market leadership. To
                   well-defined golf brands under one roof.        every 12 to 18 months. In 2009, for          pean Tours from event to event, each        achieve that, TaylorMade-adidas Golf
                   TaylorMade is the market leader in the          example, TaylorMade introduced its new       with a fully staffed, state-of-the-art      has combined product marketing, brand
                   metalwoods category, is among the               R9™ drivers incorporating Flight Control     workshop for building and servicing         communication and retail marketing into
                   leaders in irons, and is steadily evolving      Technology, which for the first time gave    drivers, fairway woods, hybrids, irons,     one fully integrated global marketing
                   as a challenger in golf balls. adidas Golf      players the ability to easily change the     wedges and putters on the spot. Today,      team. This team uses a variety of strong
                   develops high-performance footwear              club’s face angle, loft and lie angle by     the TaylorMade-adidas Golf Tour Staff       marketing tools to achieve its objectives.
                   and apparel for athletes who want to            adjusting a screw in the sole. Prior to      includes high-profile names like Sergio     Product launches are supported by sub-
                   maximise their physical potential in order      this, Tour professionals had their driv-     Garcia, Sean O’Hair, Yong-Eun Yang,         stantial PR and marketing campaigns,
                   to play the game at the highest level.          ers altered to suit their swing by having    Dustin Johnson, Fred Funk, Justin Rose,     involving key assets and best-in-class
                   Ashworth is an authentic golf-inspired          equipment technicians bend the club-         Paula Creamer, Retief Goosen, Greg          customer support to drive new product
                   lifestyle brand complementing adidas            head. This type of innovation helped the     Norman, Nick Faldo, Mike Weir, Andres       sell-through. In addition to traditional
                   Golf’s position, increasing the segment’s       R9™ achieve the position as number one       Romero, Darren Clarke and Natalie           marketing techniques, TaylorMade-
                   presence in the golf apparel market.            driver model on the PGA Tour and best-       Gulbis, as well as Martin Kaymer, one of    adidas Golf is also dedicated to exploring
                   Combining adidas Golf and Ashworth,             selling driver model in the United States.   the European Tour’s stars and the top-      and executing new and innovative ways
                   TaylorMade-adidas Golf is a global                                                           ranked golfer in Germany, who joined the    to promote products using social media
                   leader in golf apparel and number two in        tour validation as important                 TaylorMade Tour Staff in 2009.              (Facebook and Twitter), online initiatives
                   footwear.                                       strategic pillar                                                                         like www.Projectburner.com and product
                                                                   Golfers of all levels are influenced by                                                  seeding initiatives like last year’s free
                   innovation and technology focus                 what equipment the best professional                                                     Burner® 6-iron giveaway and the Penta
                   TaylorMade-adidas Golf’s core objective         players in the world play with and wear.                                                 TP free-sleeve programme in 2010.
                   is to create the best performance golf          Hence, TaylorMade-adidas Golf’s leader-                                                  Another prime example of TaylorMade-
                   products in the marketplace, and that           ship and presence on the world’s major                                                   adidas Golf’s efforts to create unique
                   starts with a clear commitment to inno-         professional golf tours is imperative to                                                 promotional events is the “Wear in the
                   vation and technology.                          increasing brand exposure and traction                                                   World” golf adventure, which involves
                                                                   among consumers.                                                                         testing performance apparel in some
                                                                                                                                                            of the world’s most extreme weather
                                                                                                                                                            conditions.




76   GrouP manaGEmEnt rEPort – our GrouP    TaylorMade-adidas Golf Strategy
                                                                                   Destinations included golf courses
                                                                                   in Death Valley, California, the high
                                                                                   altitudes of Bolivia and Argentina
                                                                                   and Walker Bay in South Africa. The
                                                                                   programme, which illustrates how
                                                                                   technologies such as CLIMACOOL®,
                                                                                   CLIMALITE® and CLIMAPROOF® can help
                                                                                   provide a competitive advantage in the
                                                                                   most extreme golf conditions, attracted
                                                                                   widespread attention from consumers
                                                                                   and the media.

                                                                                   intelligent retail marketing
                                                                                   and distribution
                                                                                   TaylorMade-adidas Golf works with retail
                                                                                   partners that possess the skills to effec-
                                                                                   tively showcase the performance advan-
                                                                                   tages and modern design credentials of
                                                                                   TaylorMade, adidas Golf and Ashworth
                                                                                   products. Core channels include
                                                                                   green grass retailers, off-course golf
                                                                                   specialty retailers and sporting goods
                                                                                   retail formats with golf-specific depart-
                                                                                   ments. Focusing on strategic accounts,
                                                                                   TaylorMade-adidas Golf strives to create
                                                                                   and make available state-of-the-art
                                                                                   floor displays that show off products and
                                                                                   communicate key messages as clearly
the new #1 selling iron.                                          C                as possible, allowing it to position its
                                                                                   clubs, balls, footwear and apparel among
Proof the set is dead.                                            01               the top-selling golf products in these
                                                                                   retail channels. Close working relation-
Renowned as the world leader in metalwood sales, TaylorMade                        ships with key accounts will continue in
became the No. 1 iron brand in the USA in August 2009. To keep                     2010, as will efforts to build additional
the momentum going in 2010, the brand is launching an extensive                    brand presence at smaller retailers
sales and marketing campaign called “Project Burner”, which                        and on-course golf shops. In emerging
urges golfers to join the more than 170,000 others who now play                    markets throughout the world, the com-
TaylorMade’s eight individually engineered Burner ® irons, and
                                                                                   pany employs established adidas Group
instructs them to “stop playing obsolete irons”.
                                                                                   infrastructures to distribute products,
                                                                                   promote awareness and drive growth.




                                                                       GrouP manaGEmEnt rEPort – our GrouP    TaylorMade-adidas Golf Strategy   77
     Burner® superFast driver
                                                                             P
                                                                             01        Pricing strategy reflects                        taylormade: extending leadership in
                                                                                       brand positioning                                metalwoods and irons
     Three years after the launch of Burner ® 07, the most successful                  TaylorMade-adidas Golf’s pricing policy          TaylorMade category priorities include
     driver in TaylorMade history, the brand introduced the third                      mirrors the positioning of its three             strengthening its position as the number
     generation of this legendary metalwood line: Burner ® SuperFast.                  brands. TaylorMade’s pricing strategy            one metalwood brand in the world, build-
     Weighing just 284 grams, the Burner ® SuperFast driver is                         is to dominate the market at premium             ing on its growing global market share
     engineered to promote faster swing speed for superior distance.                   price points and compete aggressively            in irons and increasing its presence in
     The 460cc clubhead, sleeker and more aerodynamic than past
                                                                                       in the high-volume mid-price segment.            wedges, putters and balls.
     Burner ® metalwoods, boasts exceptionally high MOI for tremendous
                                                                                       adidas Golf supports its market reputa-
     forgiveness and the largest clubface of any TaylorMade driver.
                                                                                       tion as the innovation leader by selling             metalwoods: Today, TaylorMade is
                                                                                       its products primarily at premium price          the clear market leader in metalwoods
                                                                                       points. Ashworth positions products in           (drivers, fairway woods and hybrids). The
                                                                                       the mid- and premium-price categories.           brand is particularly strong in the USA,
                                                                                       Market share expansion, particularly             where it has forged a 30% share of the
                                                                                       in golf, is driven mainly by the ability to      market and a large lead over its closest
                                                                                       deliver best-in-class lines of products at       competitor. The brand’s primary focus
                                                                                       multiple price points. In 2009, an example       going forward is to remain the innovation
                                                                                       of TaylorMade-adidas Golf’s success              leader and expand its metalwood busi-
                                                                                       in implementing this strategy is the             ness outside the USA. This will in part
                                                                                       TOUR360 Limited (high-price) footwear            be driven by strengthening its promotion
                                                                                       and FitRx (medium-priced) footwear.              partnerships in other regions. From a
                                                                                                                                        product perspective, the brand will build
                                                                                                                                        on the success of the R9™ franchise
                                                                                                                                        forged in 2009 with the launch of the
                                                                                                                                        R9™ SuperTri, the first club to unify all of
                                                                                                                                        TaylorMade’s major driver technologies:




                                                                                         Burner® superFast Fairway woods
                                                                                                                                                               P
                                                                                                                                                               02
                                                                                         The 17-4 steel Burner ® SuperFast fairway woods share the
                                                                                         driver’s aerodynamic head shape and are lighter in weight, longer
                                                                                         in club-length, larger in size and deeper of face compared to
                                                                                         Burner ® 08 fairways. Together, these elements promote increased
                                                                                         distance and make Burner ® SuperFast fairways remarkably easy
                                                                                         to launch. At 301 grams, they’re the lightest TaylorMade fairways
                superFast tEcHnoloGy                                                     ever, and they also incorporate the largest clubhead size that
                                                                                         TaylorMade has ever offered in a steel fairway, with the 3-wood
                                                                                         measuring 200cc.




78       GrouP manaGEmEnt rEPort – our GrouP         TaylorMade-adidas Golf Strategy
Movable Weight Technology®, Flight Con-      In light of the USGA and R&A’s recent       In 2009, TaylorMade’s status as a maker         optimum performance on the five critical
trol Technology, Inverted Cone Technology    ruling dictating that iron-groove design    of premium golf balls was enhanced              golf shots – driver, long-iron, middle-
and Ultra-Thin Wall Technology, as well      must be less aggressive to promote less     when Tour professional Yong-Eun Yang            iron, short-iron and partial wedges.
as the extension of the Burner® family       backspin, xFT offers a distinct advantage   captured the PGA Championship using a           TaylorMade intends to enhance market-
of metalwoods with the introduction of       which should allow TaylorMade to grow       TP Red, the first time a major champion-        place acceptance and sales in the golf
the Burner® SuperFast, which, at 284         its market share significantly in 2010.     ship was won with a TaylorMade ball. In         ball category by extending TaylorMade
grams, is the lightest driver TaylorMade                                                 2010, TaylorMade will continue to build         branded offerings, and increasing the
has produced to date. Together, the R9™          Putters: TaylorMade’s Rossa® Monza®     on its momentum in golf balls, driven           number of Tour professionals using
SuperTri and the new Burner® SuperFast       Spider high-MOI putters continued to be     by the Penta TP ball. This is the first         TaylorMade balls.
driver will be promoted with an extensive    in high demand by golfers everywhere,       five-layer golf ball, designed to promote
television, online and print campaign        and were used to win multiple tour
called “TaylorMade vs. TaylorMade”.          events around the world. A 2009 addition
                                             to the line, the Monza® Spider Balero,
    irons: In 2009, the new Burner® irons
have provided TaylorMade with a strong
                                             is extremely popular in Asia and helped
                                             make TaylorMade the number two putter                                Penta tP tour Ball
                                                                                                                                                                                            P
foundation for future growth in the cat-     brand in Japan. Plans in 2010 call for a                                                                                                       03
egory. As opposed to previous TaylorMade     new addition to the Monza® Spider line
irons, the Burner® long-irons, middle-       that incorporates the input and sugges-                              Penta TP is the first tour ball to incorporate five solid layers
irons and short-irons were developed         tions of a variety of Tour pros.                                     – cover, outer mantle, middle mantle, inner mantle and core –
separately rather than in conjunction with                                                                        each engineered to optimise performance in five key shot
each other. Their immediate popularity          Golf balls: Success in this category                              categories – driver, long-irons, middle-irons, short-irons and
made Burner® the first TaylorMade iron       depends on the ability to create high-                               partial wedges. TaylorMade’s advertising calls Penta TP “the
                                                                                                                  most complete ball in golf” while telling its five-layer story. It
model to reach number one in sales in        performance golf balls, bring them to
                                                                                                                  is well represented on the world’s tours with Sergio Garcia,
the United States, which in turn helped      market and build credibility among Tour
                                                                                                                  Dustin Johnson, Martin Kaymer, Retief Goosen, Justin Rose and
TaylorMade reach number one in iron          professionals.
                                                                                                                  Jason Day all playing it.
market share in the United States for the
first time in the brand’s history, a posi-
tion it has now held since August 2009.
In 2010, TaylorMade will leverage this
success with various product updates and
geographic expansion.

    wedges: Leveraging TaylorMade’s
success in metalwoods and irons to other
categories such as wedges continues to
be a strategic priority. Innovation again
is critical in this respect and, in 2009,
TaylorMade debuted Exchangeable Face
Technology (xFT) in the category. xFT
permits players to easily replace a worn
clubface with a new one, making it pos-
sible to maintain a fresh, spin-inducing
clubface without replacing the clubhead.
For the consumer, this is more cost-
effective than buying a new wedge.




                                                                                                                              GrouP manaGEmEnt rEPort – our GrouP            TaylorMade-adidas Golf Strategy   79
     Brand campaign 2010
                                                                                C
                                                                                02
     adidas Golf’s 2010 brand platform is firmly focused on giving
     athletes technological breakthroughs that reshape what’s
     athletically possible on the golf course. Breakthroughs include
     COOLMAX® ENERGY in apparel, which promotes more endurance
     via scientifically designed fibres that increase airflow to the skin.
     In footwear, the advanced THiNTech technology which lowers the
     golfer closer to the ground for better balance and stability is now
     available in every adidas Golf shoe.




                             adidas Golf: setting new standards                  In footwear, leveraging proprietary          In apparel, adidas Golf positions itself as   In addition, the brand will begin to lever-
                             in high-performance footwear and                    technologies from various other adidas       the most innovative performance brand in      age its partnership portfolio further. New
                             apparel                                             categories such as adiPRENE®+ with           the game by utilising adidas technologies     signature lines planned with Natalie
                             adidas Golf makes high-performance golf             golf-specific technologies offers a          such as FORMOTION™, CLIMACOOL®                Gulbis and Paula Creamer designed for
                             footwear and apparel for athletes who               significant competitive advantage over       and CLIMAPROOF® technologies in               and with input from these two highly
                             want to maximise their physical potential           pure play golf footwear brands. In 2009,     adidas Golf apparel products. adidas Golf     popular and visible LPGA stars will help
                             in order to play the game at their highest          adidas Golf was able to bring significant    was the first major brand to incorporate      adidas Golf expand its line of women-
                             level. Therefore, the brand’s array of              new innovation to market including the       technologies like these into golf apparel.    specific golf products. Also planned is
                             products embodies its popular maxim –               ultra-stable TOUR360 4.0 with revolution-          In 2010, a variety of exciting new      the TOUR360 4.0 Sport, which offers a
                             Equipment For Your Body™.                           ary THiNTech technology, and TOUR360         launches such as a new premium                new approach to combining breathability
                                                                                 Sport with “50/50 protect”, as well as the   offering called adiPURE™ (footwear            with protection, and a new range of
                                                                                 ultra-comfortable FitRx and FitRx Sport.     and apparel) will continue adidas Golf’s      CLIMACOOL® tops and bottoms with soft-
                                                                                                                              authentic union of design, technology         touch COOLMAX® fabric.
                                                                                                                              and function.




80       GrouP manaGEmEnt rEPort – our GrouP              TaylorMade-adidas Golf Strategy
                                                                                   ashworth: brand re-launch in 2010
                                                                                   Ashworth, which was acquired in 2008,
                                                                                   provides TaylorMade-adidas Golf with
                                                                                   a unique opportunity to establish a golf

wear your Passion
                                                                      C            lifestyle business. Founded in 1987,
                                                                                   Ashworth’s roots in golf and authenticity
                                                                      03           as a golf brand provide a key differen-
                                                                                   tiator from other golf lifestyle brands.
“Wear Your Passion” is Ashworth’s new mantra, a direct allusion                    In 2009, Ashworth’s efforts focused on
to the effortless way in which the brand’s traditionally styled                    creating a platform for future profitable
line-up of tops, bottoms, outerwear and headwear can be worn on                    growth. Steps taken consist of a branding
the course and on infinite occasions off the course. The supporting                facelift including modernising its iconic
print campaign illustrates that point with striking photos of                      Golfman logo, definition of product range
Ashworth Tour Staff pros like Sean O’Hair and Fred Couples looking
                                                                                   architecture, cleaning up of distribution
stylish and relaxed away from the course in Ashworth apparel.
                                                                                   and revamping its partnership portfolio.
                                                                                   In addition, all Ashworth operating and
                                                                                   go-to-market functions were fully inte-
                                                                                   grated with adidas Golf to take advantage
                                                                                   of operational and fixed-cost synergies.
                                                                                          In 2010, the brand will be re-
                                                                                   launched with a focus on reconnecting
                                                                                   with all golfers (professionals and non-
                                                                                   professionals alike) as the authentic
                                                                                   golf brand, building on its reputation for
                                                                                   relaxed, lifestyle-orientated apparel that
                                                                                   appeals to golf enthusiasts of all ages,
                                                                                   both on and off the course. Products
                                                                                   will incorporate proprietary EZ-Tech
                                                                                   fabrics which deliver easy care and
                                                                                   superior wear, and performance fabrics
                                                                                   for warm-climate, on-course use. Like
                                                                                   the other brands in the TaylorMade-
                                                                                   adidas Golf segment, Ashworth will seek
                                                                                   to build Tour visibility and credibility
                                                                                   utilising partners such as Tour profes-
                                                                                   sionals Fred Couples, Sean O’Hair, Ryan
                                                                                   Palmer and Charles Howell III.




                                                                           GrouP manaGEmEnt rEPort – our GrouP    TaylorMade-adidas Golf Strategy   81

								
To top