4P & 3P MFM
4P & 3P MFM
4P & 3P MFM
Place: : Under Armour has an extensive distribution network that includes their own
physical retail stores with flagship stores located in key cities globally, third-
party retailers, and e-commerce channels. They operate numerous stores globally,
with a strong presence in the United States and key international markets. They
also partners with major sporting goods retailers and department stores to expand
their distribution reach. Their e-commerce platform enables direct-to-consumer
sales and provides a seamless shopping experience for customers.
As of the end of 2020, Under Armour had 415 owned and operated retail stores
worldwide.
3Ps
People (Customers): Under Armour has a strong brand identity and a loyal customer
base, which it has built through a focus on providing high-quality sports apparel
and accessories to athletes and fitness enthusiasts. The company's marketing
strategy is centered around empowering athletes to perform better and achieve their
goals. Under Armour's customer engagement strategy includes sponsorships of
professional athletes and sports teams, social media marketing, and targeted
advertising.
Process (Product Making): Under Armour has a unique product development process
that focuses on innovation and cutting-edge technology. The company has a dedicated
research and development team that works to create new materials and technologies
that can enhance athletic performance. Under Armour also uses advanced
manufacturing techniques to produce high-quality products efficiently. The
company's products are designed to be functional, stylish, and durable, catering to
the needs of its customers.
Physical Evidence (Product Presence): Under Armour has a strong physical presence
in the market, with a global network of brand stores and retail partnerships. The
company's stores are designed to create an immersive brand experience for
customers, featuring interactive displays and digital technology. Under Armour's
products are also widely available online, with a user-friendly e-commerce platform
that allows customers to easily browse and purchase products. The company's
products are often showcased in professional sports events and competitions,
providing further physical evidence of the brand's quality and performance.
In conclusion, Under Armour's marketing strategy revolves around a focus on
providing high-quality sports apparel and accessories to athletes and fitness
enthusiasts through a customer-centric approach, a unique product development
process, and a strong physical and online presence. The company's commitment to
innovation, technology, and performance has helped it establish itself as a leading
global sports brand.
Decathalon 3 Ps