Wednesday, 5 September 2012

Customer Value


Customer Value...


A marketing concept that analyses the satisfaction received by a customer from the purchase of a product. 

The customer value of brand PUMA has kept changing from year to year. The duration of those years is termed as different eras. 

Era 1 :

 From the year 1948-1960.PUMA was considered as “The best in football” during this era.

Reason for being
Outfitting world’s best soccer players.
Value Proposition
Best in class performance.
Differentiation
Innovative features.
Persona
Elite,exclusive,personal,masculine
Associations
German professional soccer team
Range of authority
Soccer boots
Audience
Professional soccer players, experts, trainers, coaches.
Relationship
New player in the field.

Era 2:

This era covers the duration from the year 1960-1970.


Reason for being
Equipping the World’s best athletes.
Value Proposition
Enhances your performance in style.
Differentiation
Celebrity athlete endorsements. Clandestine advertising
Persona
Exuberant, elitist, colourful, energetic.
Associations
Charismatic pions(Pele) Gold medal athletes.
Range of authority
Soccer boots, track shoes, football shoes
Audience
World class athletes
Relationship
Trusted Partner.


Era 3:

From year 1970-1986. People started considering the brand as “Beyond the playing field”.


Reason for being
Targeting the sports lifestyle.
Value Proposition
Play in style & comfort.
Differentiation
Comfort & style. Consistent brand message.
Persona
Casual, laidback, cool, minimal
Associations
Soccer players at all levels. Champion athletes
Range of authority
Clothing, street footwear.
Audience
People who play sports.
Relationship
Familiar friend.



Era 4:

Includes the period from 1986-1997.


Reason for being
Business survival.
Value Proposition
High performance with personalized fit.
Differentiation
Innovative footwear systems.
Persona
Hi tech, advanced, not relevant, Classic, cheap, low quality, dated.
Associations
Professional soccer, tennis, track athletes.
Range of authority
Running shoes, kids shoes, apparel, Cross trainers, gear.
Audience
Young athletes, soccer athletes.
Relationship
A old friend you lost touch with.

Era 5:

The current era that is continuing from year 1997. People started considering brand as Hip, cool, and leading the way.


Reason for being
Mixing the influences of sports, lifestyle, and fashion.
Value Proposition
Fits your active lifestyle.
Differentiation
Distinctive lifestyles, branded experiences. Co-developed celebrity lines, partnership with famous designers.
Persona
Elegant, colourful, fresh, spontaneous, individual, urban, metropolitan, international.
Associations
Multiple sports lifestyle segments.
Range of authority
Performance/ casual footwear, apparel, gear, accessories.
Audience
Anyone who leads an active lifestyle


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