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Yao Gives Reebok An Assist In China

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Became more popular in the 80s during the aerobics fitness craze. In 2005, Reebok was bought out by its Rival Adidas for $8 billion ... – PowerPoint PPT presentation

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Title: Yao Gives Reebok An Assist In China


1
Yao Gives Reebok An Assist In China
  • Wall Street Journal September 28,2007
  • By Mei Fong
  • Presenters
  • Jessica Redmon, Aaron Skinner, Candice Ward

2
History of Reebok
  • British athletic footwear producer founded in
    1895
  • Originally named Mercury Sports but was renamed
    Reebok in 1960
  • Became more popular in the 80s during the
    aerobics fitness craze
  • In 2005, Reebok was bought out by its Rival
    Adidas for 8 billion

3
Yao Ming
  • Born on September 12, 1980 in Shanghai, China
  • He is one of the tallest players in the NBA at
    76
  • Originally played 5 years for the Shanghai Sharks
    in the CBA
  • Signed with the Houston Rockets in October of 2002

4
Yao Reebok
  • October 2003- Reebok announced its 10 year
    contract with Yao Ming
  • October 2004- Reebok launches the first Yao Ming
    signature footwear collection globally
  • September 25, 2007- Reebok announces its biggest
    ever Chinese marketing campaign Fuel Yaos
    Unlimited Power ahead of the 2008 Beijing
    Olympics

5
Fuel Yaos Unlimited Power
  • The theme of the new Yao Ming ad campaign to
    promote support from the Chinese for the 2008
    Olympic Games in Beijing.
  • Designed as a Trinity of Yao, Reebok, the
    Games to touch the Chineses sense of patriotism.
  • The campaign will include an interactive website
    and a specialized logo.

6
Yao the Benchwarmer
  • Reebok will be pulling Yao from the sidelines
    to more effectively use him like other companies
    are already doing.
  • Yao Ming Visa
  • Jackie Chan Yao - Visa

7
Marketing Implications
  • Global Market Segmentation
  • Benefit Segmentation
  • Value Benefit / Price
  • Price Reebok is devoting 14 of their revenue to
    marketing in China (the industry average is 10)
  • Benefits the citizens of China are being
    bombarded with messages that they all have a part
    to play in the upcoming games. Reebok hopes
    capitalize on this idea.
  • Value Projected increased sales of 1.28 billion
    by 2010.

8
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