Product Mix of Puma
Product Mix of Puma
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Introduction:
The Puma brand came into being in 1948. The company was founded by Rudolf
Dassler and registered on October 01, 1948. During its 71 years of existence, it has
seen a lot of growth and expansion. At the core of the Puma brand is fast sports.
The company makes and sells footwear, apparel, and accessories. Puma is
headquartered in Herzogenaurach, Germany. The company has partnered several
football clubs for the marketing and promotion of its brand and products. Apart
from the core brand Puma, the group also owns Stich and Cobra Puma Golf.
During the past several years, Puma has experienced consistent financial growth.
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Products
Foot ware
Custom Shoes
Sports Shoes
Family Shoes
Apparels
Accessories
Puma makes and sells sports shoes, apparel, and equipment. It has
brought products for men, women as well as kids. The company makes
products focused on different sports categories including basketball,
football, running, cricket, badminton, motorsport, running, and gym.
Several of the shoes made by Puma have been highly popular.
Throughout its history the focus of Puma has remained on making great
quality shoes that help athletes improve their performance. Back in
1952, just 4 years later than the launch of the Puma brand, the company
made and released the Super Atom shoes, which were the world’s first
sports shoes with screw-in studs. The product successfully created a stir
when it was launched. This was also the start of Puma’s football legacy.
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Unique About Puma
PUMA has made history as a creator of fast product designs for
the fastest athletes on the planet.
Local Relevance : As the PUMA brand and products continue to
resonate well around the world, we see an increased need to
focus on the sports, ambassadors, influencers, collaboration
partners and communication platforms that are most relevant in
the different markets.
Organisation : PUMA continues to make progress in key areas,
which includes further enhancements of PUMA’s International
Trading Organization.
Strength
Celebrity Endorsement
NASCAR & FORMULA 1 Racing Suits
Huge R&D sector
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Puma Market
Puma has divided its business operations into three major geographic
regions. EMEA (Europe, Middle East & Africa) Americas and Asia-
Pacific. The leading market of Puma based on net sales is EMEA
(accounting for 38.7% of Puma’s sales in 2018), followed by the
Americas and Asia-Pacific. The countries that account for Puma’s
highest sales in EMEA include France, Spain, UK, Russia, Turkey, and
the UAE. Greater China, Korea, and Japan are the leading markets of
Puma in the Asia Pacific.
Market Strategy
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