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Baseball Elite Line Matt Sheets
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September 1, 1949- Onitsuka Co. (Kobe, Japan) 1958- Joined brands with Tokyo Onitsuka 1963-Joined brands with Chuo Sangyo 1977-Merger with GTO Co. and Jelenk Co. ASICS- Latin (“Anima Sana In Corpore Sano) A Sound Mind in a Sound Body History
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Market in U.S.A, Australia, Europe, and Asia Shoes- Running, Training, Walking, Volleyball, Track and Field, Wrestling, Tennis, Golf, Soccer, Lacrosse, Field Hockey, Basketball, Cheer Sporting apparel, Casual apparel, youth apparel, accessories Today
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Running Shoes (Global) Rank 3 rd (13.3%) 1 st Nike (46.2%) 2 nd New Balance (17.8%) 4 th Adidas (13.2%) 5 th Reebok (2.3%) Others: Saucony, Avia, and Mizuno Market Share
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Athletic Footwear (Global) Asics 5% Market Share
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Mainly those in athletic footwear market who produce a baseball line: Nike (biggest target) Reebok Adidas Easton Rawlings Mizuno Competitors
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Strengths) Dedicated to athletes, high-performance shoes, unique, growing shares/sales, low prices, technology Weaknesses) Small share in athletic apparel, not internationally dominant, lose a lot of shares to Nike, Reebok, and Adidas Opportunities) Currently baseball season (spring and summer), players want to be unique Threats) Winter and fall approaching, competitors offering more customization S.W.O.T.
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Double global market share in Athletic Footwear (to 10%) Increase our U.S. Athletic Footwear sales to $200 million (from $197 million) Increase our global Athletic Footwear sales to $925 million (from $920 million) Gain baseball recognition, gain recognition in sporting apparel field 2 Year Objectives
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Analysis of Asics survey: Sex) Males Ages) 16-26 year olds High-School and College players, fast/seeking light shoes (outfielders, lead-off batters) Income) Average/ Middle Target Market
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Product FOCUS ON FOOTWEAR Unique/ Stylish Light-Weight Supportive Highly Comfortable Customizable Affordable Ichiro Suzuki
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Based on analysis of competitor (Nike) Production/ Pair (outsourced most likely) Labor- $2.75 Materials- $9.00 Rent, Equipment- $3.00 Supplier’s Operating Profit- $1.75 Duties-$3.00 Shipping-$0.50 Cost to Asics-$20 Price
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Selling price directly to consumer: ~$70 Asics makes about $40 Less sales Selling price to retailer: $35 Asics makes about $15 More sales Price
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Global rollout to U.S.A, Australia, Europe, and Asia (starting with major cities) Available to all via online store Place
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Based on survey of most effective communication Promotion TypePercentageAmount Television40%$400,000 Magazines20%$200,000 Online20%$200,000 Newspapers10%$100,000 Radio5%$50,000 Billboards/ Outdoor5%$50,000 Total100%$1,000,000
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Same channels we currently use (tag on) Direct selling online Based on Fiscal Quarter Financial Statements Distribute about 60,000 pairs Multiply by retail cost ~ $2,130,000/quarter for selling and distribution Distribution
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Time 2012 Research and Development April-July Aug.– Sep. Promoting and Advertising Oct.– Dec. Roll out line for holiday sales Research and Development Promoting and Advertising Jan. Feb. Mar.-July 2013 Roll out for baseball season, research and development
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Net SalesNet Income 2012 Rollout Forecast$2,843,000,000$123,000,000 2013 Rollout Forecast$2,917,000,000$142,000,000 Change$74,000,000$19,000,000 Fiscal Analysis Current Revenues (prior to rollout) Slight Loss (winter rollout) Increase in Revenues (baseball season rollout)
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