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Swot of Addidas
Swot of Addidas
Strengths:
Iconic Brand – Adidas is being nurtured as a strong and significant heritage over
its long journey. It has influenced and shaped many aspects of society
worldwide. This is a big strength to the brand and is seen in its growth.
Innovative New Products – Ever since its founding, Adidas has always set the
top priority for its product quality over any other kinds of stuff. It innovates new
products regularly and these products are one of the driving forces to get
customers to their brand.
Weaknesses:
Expensive Products – Adidas’s products are priced a little high. The products
are charged at a high price where normal people could not afford it. This is yet
another weak point for the brand that would lessen its sales.
Less Product Line – The Adidas Group has only two major brands under its
portfolio, they are Adidas and Reebok. This has restricted the brand only within
sports apparel, sports shoes, and sports accessories. When there is a low
demand for sports products, it would hit the brand to a great extent.
Opportunities: