“Protect This House”: Three Words That Have Become One Movement Michelle Edelson May 12, 2015 The Johns Hopkins University Woodrow Wilson Fellowship In 1996, Kevin Plank turned his dream of creating a t-shirt that would wick away his sweat into a reality. As a football athlete at the University of Maryland, he hated starting the game with a dry shirt and ending with his shirt soaked in sweat and weighing significantly more than when the game began. This inspired him to make something great and that is exactly what he did. Less than twenty years later, Under Armour has become a multi-billion dollar international company, with over a $330 million marketing budget (up approximately 34% from 2013) and the number two sports-gear maker in the United States. However, it wasn’t an easy road to get there. Under Armour had its fair share of controversies, but through it all, Under Armour has been true to its core and never given up. This research project explores what marketing strategies make Under Armour successful and how its corporate culture permeates into its marketing strategy. History After being the “self-proclaimed ‘sweatiest guy on the football field’”, Kevin Plank decided he needed to find a material that would wick away the sweat from his body as he played the game to ensure his success on the field (Plank, 2011, p. 1). After graduating from the University of Maryland in May 1996, Kevin Plank went through seven prototypes before settling on the synthetic material he had been searching for. He quickly got to work and created a synthetic t-shirt, which he sent to his former teammates who went professional and urged them to wear his newly created synthetic tshirt when they played the game. Through word-of-mouth, the ultimate marketing tool to make something contagious, Kevin Plank’s synthetic t-shirts were getting passed from player to player in locker rooms (Plank, 2011, p. 1). As word continued to spread, Under Armour began to grow. By the end of 1996, Under Armour made $17,000 in sales and was officially in business. After its first year of success, Under Armour introduced two important types of fabric that have been key to its success. The first is the “now-famous ColdGear® fabric” and the second is the “AllSeasonGear® line” (Under Armour, 2015). After a couple of years in business, Under Armour’s big break came when an ESPN Magazine advertisement for the brand generated $750,000 in direct sales. Shortly following, athletes and teams began buying Under Armour apparel (Plank, 2011, p. 4). In 2002, Under Armour moved to its present-day headquarters in Baltimore, Maryland where it has transformed the city and become a driving force in fostering community and bettering the city of Baltimore (Under Armour, 2015). Since the move, Under Armour has continued to grow as a result of its campaigns and sports contracts with various teams on the collegiate and national level. It has expanded its national presence in the public arena as a direct result of its sponsorships with national sports teams and professional players across a variety of sports. In 2014, Under Armour hit many milestones that contributed to its most successful year to do 1 date and demonstrated that Under Armour is a fierce competitor in the industry both on the national level and internationally. Under Armour generated more than $3 billion in revenue (Interactive Data Managed Solutions, 2015). It increased its marketing budget to more than $330 million, which was approximately an $83.5 million or 34% increase since 2013 (Zmuda, 2014). Lastly, Under Armour surpassed Adidas to officially become the number two sportsgear maker in the United States (Mirabella, 2014). With more than 8,000 employees around the globe, Under Armour has become a success story and that success is only going to increase. Under Armour continues to find new ways to innovate and enter the current markets and is always in the conversation, no matter what the deal is. That being said, it wasn’t an easy road to get there and Under Armour has had its fair share of controversies, but it has come out of them stronger and more motivated to continue to produce the best quality a company can and be the communityorientated company that it is. Method Through in-depth interviews, ethnographic observational research, in-store research and secondary literature research, I was able to conduct a deep drive into Under Armour’s authentic marketing strategy and investigate what has made Under Armour the successful brand that it is today. I interviewed with high-level executives within the company who were able to provide me with a greater understanding of how Under Armour’s marketing strategy has evolved from a zero-dollar budget to what it is today and why its strategy is so effective. I also interviewed with store managers, social media managers and visual managers at Under Armour Brand Stores (flagship stores) and Under Armour Factory Stores (outlet stores). These interviews gave me a deeper understanding of how the stores function, specifically, what Under Armour offers its customers, how Under Armour markets its merchandise and how everything in Under Armour stores stem from the corporate headquarters. Additionally, I was able to interview with the creative directors at Droga5, who worked on Under Armour’s most recent women’s campaign entitled “I Will What I Want”. Corporate Culture Under Armour’s DNA is the passion of sport and innovation. The athletic culture that exists on the football field is the same type of culture you will find within the walls of Under Armour’s headquarters and Under Armour’s stores nationally and internationally. Kevin Plank’s athletic career is the story behind Under Armour and that story has become an integral part of the foundation of Under Armour’s corporate culture. Rather than referring to Under Armour employees as employees, everyone who works at Under Armour is referred to as a teammate (O. Rivas, personal communication, June 23, 2014). Rather than having employee meetings, there are team huddles. Employees are encouraged to “know their position” and “execute the play” among other athletic phrases that are commonly used among a football team. Lastly, Under Armour employees are constantly told to respect their teammates, which is one of the core values of the company (Plank, 2011, p. 1). To take that athletic stance one step further, companywide meetings take place on the half-court basketball court inside Under Armour’s campus (K. Olga, personal communication, August 27, 2014). This athletic demeanor extends beyond the Under Armour campus and the Under Armour stores to its marketing strategy. Under Armour is an athletic 2 company that strives on optimizing athletes ability and individuals’ athletic ability. Its in-store teamwork mentality among employees motivates employees to work together and create an inviting environment for its customers to shop in, where its customers immediately feel like they are a part of the Under Armour team. Every employee wears Under Armour in-store and commands an athletic presence, which in turn, influences the customers to buy the athletic apparel and flaunt their athleticism. Kevin Plank’s experience on the football field has served as a way to help connect Under Armour with potential customers, which is a key element to Under Armour’s marketing strategy. Marketing Strategy When Under Armour initially began in 1996, there was no marketing budget so the company relied solely on word-ofmouth. Kevin Plank sent shirts to his former teammates who went on to the professional league and he encouraged them to pass the shirts along to their new teammates. Through word-of-mouth and social influence, more and more players began to wear Under Armour and word got out that real athletes wear Under Armour under their uniforms. As Under Armour continued to grow, Kevin Plank explained that Under Armour does not need to pay its athletes millions of dollars to wear Under Armour because the “model is getting to the athletes – supplying them with great product that helps them perform better” (Plank, 2003). Although Under Armour’s marketing budget has grown significantly since 1996, it still heavily relies on word-of-mouth as a key factor to its marketing strategy. Kevin Plank states it himself, “the vital nature of our product is word of mouth” because people wear Under Armour apparel and talk about it with their friends, colleagues and/or teammates and soon those networks of people are hooked on the product (Plank, 2003). Additionally, word-of-mouth has been proven to be more effective than traditional advertising for two reasons. First and foremost, it is more persuasive. Wordof-mouth is honest and trustworthy, which makes it significantly more influential than a paid advertisement (Berger, 2013, p. 8). Furthermore, word-of-mouth provides people with information and subsequently often serves as an influencer (Berger, 2013, p. 128). After all, humans serve as marketers because humans are “hardwired to want people to agree with” their opinions and views (Jiwa, 2014, p. 3). I found this to be the case through my observational research whether it be talking with individuals who were commenting on my Under Armour apparel or simply listening to people talk about their athletic apparel preferences while exercising in the gym. The second reason that makes word-of-mouth extremely effective is that it is more targeted because it “is naturally directed toward an interested audience” (Berger, 2013, p. 9). Kevin Plank used this to his advantage in the beginning stages of the company by fostering the conversation among professional football players. Since then, the conversation has encompassed thousands of people including both athletes and athletic individuals who all care about their athletic apparel and accessories. Although word-of-mouth is extremely effective and an important aspect to Under Armour’s marketing strategy, there are three major pillars to Under Armour’s marketing strategy that I found through my research in addition to the various other ways that Under Armour successfully markets its brand. Under Armour has unique technology and prides itself on innovation, but there is more to the company than simply inventing a new product like the Under Armour Curry One (Under Armour’s latest basketball shoe released February 3 2015) or creating new heat gear technology. The three primary pillars that I found to be key to Under Armour’s marketing strategy and stem from the corporate culture are storytelling, building personal relationships and lifestyle emphasis. Under Armour heavily relies on storytelling as a way to successfully market its brand and merchandise. After all, Under Armour has a great story to tell – a college athlete wanting to create a t-shirt to increase on-field performance and succeeds at doing so. The perseverance and motivation shown in Kevin Plank’s story of having a dream and making it into reality is the type of story that Under Armour continues to tell through its campaigns and spokespeople. Under Armour utilizes stories to connect with people in stores, through campaigns and at events. Storytelling has been proven to be very effective because stories are vessels to transfer information to people (Berger, 2013, p. 24). When you enter an Under Armour store, you are taken through a story of the company and associated lifestyle. You are also taken through your own story whether you are an athlete or an athletic individual by starting with the running or cardio and moving towards the yoga or mediation and ending with the lifestyle necessities of a water bottle or with an upcoming national or international event such as Mother’s Day (O. Rivas, personal communication, June 23, 2014). Similar to the in-store experience, Under Armour strives to tell a story through its campaigns. Rather than run a campaign every month, Under Armour has found that having three campaigns throughout the year is significantly more effective. Similar to not referring to employees as employees, but rather teammates, Under Armour calls its campaigns “holidays,” which is where the company focuses its broadcast dollars. The three holidays occur during prime athletic events or shopping periods and showcase different Under Armour products. The first holiday takes place during January-March and typically utilizes the Super Bowl as a media channel to advertise. The second holiday takes place during July-August, which coincides with Back-to-School shopping. The third and final holiday occurs at the end of the year, typically beginning around Thanksgiving (E. Wendell & L. Wolf, personal communication, September 25, 2014). When choosing spokespeople for campaigns, Under Armour looks for individuals who have a unique story to tell that is real and relatable. Under Armour doesn’t focus on fame like some of its competitors. Instead, Under Armour concentrates on stories about overcoming challenges or beating the odds, which highlight the raw emotion in athletes. Emotional content is more likely to be shared because emotions help people to connect so an awe-inspiring story is likely to facilitate a conversation (Berger, 2013, p. 105). Furthermore, feelings and emotion motivate people to action (Berger, 2013, p. 113). Under Armour finds stories that evoke emotion because emotional content will serve as an influencer and Under Armour will be seen as a company that helped contribute and shape the success of the spokesperson. One of the biggest holiday’s Under Armour recently launched was the “I Will What I Want” women’s campaign in August 2014 with a second launch in September 2014. As of December 2014, the campaign has reached more than 5 billion global impressions (E. Carabetta, personal communication, March 2, 2015). The campaign spotlighted six women who are now known as the women of will. These women are Misty Copeland, Lindsey Vonn, Kelley O’Hara, Sloane Stephen, Brianna Cope and most notably Gisele Bündchen. 4 The two women who were the primary focus were Misty Copeland and Gisele Bündchen, both of whom have incredible stories to tell and show the true determination of will. Misty Copeland started ballet when she was thirteen years old and was told that she had “the wrong body for ballet” and she was “too old to be considered,” yet she persevered and has become an international ballerina (H. Ciatti & J. McKelvy, personal communication, October 16, 2014). Misty Copeland showed a different type of athlete than the traditional athlete normally chosen as a spokesperson for Under Armour. By choosing a ballerina, Under Armour showed its support and respect for all kinds of athletic activity (E. Wendell & L. Wolf, personal communication, September 25, 2014). Under Armour did not pick Misty Copeland solely for her athletic ability. The company chose her because her story demonstrates that will trumps fate by overcoming adversity. Gisele Bündchen was chosen to show that will trumps noise by proving her ability to overcome the positive and negative tweets people wrote about her while she demonstrated her boxing athleticism (H. Ciatti & J. McKelvy, personal communication, October 16, 2014). Will trumping fate and will trumping noise are values Under Armour believes and wants its customers to understand. Under Armour truly believes that an individual can accomplish anything he or she wants to if that individual puts his or her mind to it. By unleashing this campaign and these values/beliefs that Under Armour holds, Under Armour serves as a cheerleader for the upcoming new athlete or someone who simply wants to complete his or her first marathon. Under Armour relies on stories as a way to connect with its customers and motivate its customers to continue to push themselves and be their best version. “I Will What I Want” tells the stories of women athletes or athletic women. The campaign created a newfound momentum for the way in which Under Armour targets the female market. Under Armour is a company that is rooted in college sports and has always been a predominantly masculine product that has resonated with a specific group of people. By introducing this campaign and new marketing tactic, which strayed from the original “shrink it and pink it” manner, Under Armour reinvented how to market to women. This campaign allowed Under Armour to encourage women to be themselves and provide them with the motivation to achieve anything they set their minds to (H. Ciatti & J. McKelvy, personal communication, October 16, 2014). Through this campaign, Under Armour expanded its female platform and created events to connect with women, no matter their level of athleticism. Under Armour has started to host events for everyday women to tell their own stories about challenges they have overcome and how will trumps anything and everything. These stories include losing weight, being diagnosed with a disease or simply being a mom and having to deal with kids everyday needs (H. Ciatti & J. McKelvy, personal communication, October 16, 2014). The women of will are only one example of a group of Under Armour’s choices for spokespeople. In its most recent campaign entitled “The Book of Will,” Under Armour focuses on Stephen Curry, a professional basketball player who was just crowned Most Valuable Player in the NBA for the 2015 season. Under Armour, which has consistently been the underdog in the basketball shoe industry compared to Nike is looking to use this campaign and endorsement to build momentum for a longterm goal of beating Nike and becoming the number one worldwide sports brand (Schultz, 2015). Like many of Under Armour’s spokespeople, Stephen Curry also has his own story, which includes being 5 under-recruited, small in size, unfortunate coaching and being injured in the beginning of his NBA career. In fact, similar to Misty Copeland, some coaches believed he would not be able to play in the NBA because of his size and immediately counted him out, but he has proven himself to be one of the best players and brings that determination and will to the Under Armour brand (Telleria, 2013). “The Book of Will” campaign focuses on a very different demographic than the “I Will What I Want” campaign to ensure that Under Armour is reaching all audiences and to show that Under Armour is passionate for all sports. Ultimately, stories serve as a connecter for companies and their clientele. Under Armour began with a story of an athlete with a dream to make a moisturewicking shirt and so far, he has succeeded. That framework of overcoming a challenge or difficulty has directed Under Armour’s marketing strategy to focus on individuals with similar challenges. Through these stories, Under Armour has been able to redefine how to market to women, showcase innovative technology through emotional content and has empowered people to reach for their goals and motivate them to accomplish what may seem to be the impossible. The second pillar to Under Armour’s strategy is building personal relationships. This stems back to Under Armour’s core value of respecting one’s teammates, which extends beyond Under Armour employees in Under Armour’s own stores to Under Armour customers and to employees in department stores where Under Armour is a product. Whether in store or in a sports stadium, Under Armour finds ways to connect with its customers on a personal level. In store, Under Armour employees act like they have known their customers for a very long time. Under Armour employees make a conscious effort to take time to get to know more about their customers so that they can cater to the customers needs. Under Armour has a customer first approach that places the emphasis on the customer experience and making sure customers feel welcomed in brand stores, factory stores and even department stores. Immediately upon entrance, there is an Under Amour employee at the front door greeting all customers and asking how they are doing and how they can be of assistance. Under Armour assumes that customers do not know anything about Under Armour technology, which allows Under Armour employees to explain the technology and develop a relationship with the customer (O. Rivas, personal communication, June 23, 2014). It has been proven that making people intentionally feel helpless is one of the worst strategies (Jiwa, 2014, p. 15). Under Armour effectively assumes people do not know the technology behind its apparel as a way to avoid people feeling helpless and unsure of what to purchase. This in turn allows Under Armour’s employees to build relationships with its customers. Ultimately, Under Armour’s goal is to convert anyone who walks into an Under Armour store into an avid Under Armour customer and does this by building relationships with potential customers (O. Rivas, personal communication, June 23, 2014). In addition to building relationships with customers in Under Armour stores, Under Armour has started a pilot brand ambassador program, which allows the brand to connect with potential customers in big department stores such as Dick’s Sporting Goods and Sports Authority. Brand ambassadors stand on the Under Armour pad (the Under Armour section in department stores) and communicate the Under Armour story to customers while explaining the brand and the technology behind its apparel. This stems from the 6 concept that Under Armour wants its customers to get the same experience regardless if they are shopping in an Under Armour store or a department store. Brand ambassadors spread the Under Armour message and teamwork mentality beyond the walls of Under Armour headquarters and stores. By explaining the company, brand ambassadors target customers on a personal level and build relationships with these customers in addition to the employees in these department stores (E. Carabetta, personal communication, March 2, 2015). Under Armour has also built relationships with national sports teams and universities, which translates to building relationships with cities. Being situated in the heart of Baltimore, Under Armour has connected with the city through the Baltimore Orioles, the Baltimore Ravens and its charitable contributions to the city. Under Armour has signage in both stadiums to ensure its presence within the Baltimore community and has shirts related to the teams as a way to connect with the sporting fans in Baltimore. Additionally, Under Armour has its own “protect this house” defensive cheer for the Baltimore Ravens when they are on defense that gets all the Ravens fans out from their seats and cheering on their favorite players. Although this is not as direct as personal selling, it connects a city to the brand and unites the people of Baltimore or any city that Under Armour is present in, which furthers the Baltimore (or another city) appreciation for Under Armour. Similarly, Under Armour sponsors universities, which creates additional Under Armour fans by students wearing their school apparel and inadvertently, wearing Under Armour. Under Armour sponsors University of Maryland, which is Kevin Plank’s Alma Mater and one of the Big Ten schools, which provides Under Armour with a lot of national sports publicity. In 2014, Under Armour signed the biggest deal in college sports history by signing a 10-year contract with Notre Dame (S. Battista, personal communication, August 27, 2014). Although sponsoring schools does not directly build relationships with students, it does provide Under Armour with a foundation for building relationships and puts Under Armour at the forefront of students and people’s minds, such that Under Armour is a recognizable and good brand. The third pillar to Under Armour’s marketing strategy is the lifestyle emphasis. As the athletic lifestyle becomes increasingly more popular, Under Armour has made a push for more lifestyle initiatives. Research has shown that marketing apparel tends to be extremely effective when promoting sports apparel as a lifestyle product, in addition to marketing apparel to women, which connects to the “I Will What I Want” campaign (Fullerton, 2009). Furthermore, research has also shown that “people pay for the intangible value, for what they experience and what they care about” (Jiwa, 2014, p. 19). Under Armour is more than just a sports company. It is a company that values community, service and positive energy. With the newfound lifestyle focus, Under Armour has begun grassroots outreach within the communities where its stores are located and has formed partnerships with local stores, brands, gyms, spas and hotels in those cities (M. Chute, personal communication, June 20, 2014). Under Armour has formed running clubs in New York and Baltimore to promote healthy living and to get customers involved with the brand in innovative ways beyond simply buying apparel. They have mapped running routes with breakfast and other snacks at the end of the run and plenty of Under Armour employees/trainers cheering the runners along the way. In Baltimore, Under Armour has partnered with Charm City Yoga to host 7 yoga classes for customers. Charm City Yoga supplies the instructor, who wears Under Armour apparel while teaching the class, which provides significant exposure for the brand (Autumn, personal communication, December 10, 2014). Under Armour also has trainers who host their own “I Will” classes on a grassroots level to continue to build upon those personal relationships and bring Under Armour into people’s lives outside of the apparel stores. Similarly, Under Armour has begun to design and produce apparel that is more versatile so that some of their collections can be worn to both the gym and work in an effort to make the product more popular and more aligned with the every day customer’s life. In addition to the athletic lifestyle emphasis, Under Armour is extremely passionate about philanthropy and incorporates philanthropy into its platform thorough its Give Back program. Kevin Plank believes that it is very important to give back if possible, so Under Armour has partnered up with a couple of different organizations in addition to running its own initiatives to encourage philanthropy among its employees and customers. Additionally, there is usually a give back component to every Under Armour global meeting to help reinforce the importance of philanthropy and engage the Under Armour community in giving back (E. Wendell & L. Wolf, personal communication, September 25, 2014). In October, Under Armour partners with the Susan G. Komen® organization through Under Armour’s Power in Pink with proceeds going to the organization (Autumn, personal communication, December 10, 2014). During the summer, Under Armour has a friends and family event where all the proceeds support the Baltimore Fire and Police Departments. Power in Pink and supporting the Baltimore Fire and Police Departments are two of many initiatives that are a part of the Give Back program, which is active both in the United States and internationally where Under Armour has a presence (E. Wendell & L. Wolf, personal communication, September 25, 2014). The three pillars outlined demonstrate three core aspects to Under Armour’s marketing strategy, however, there are many other components that make Under Armour the successful company that it is today. Living in today’s world, one needs to be up to date with technology or even begin to shift towards a technological driven business model. Under Armour recently bought three fitness apps for $710 million, which include MapMyFitness, MyFitnessPal and Endomondo in addition to Under Armour’s own app known as The Record. Under Armour’s acquisition will allow the brand to reach people who are current users of one or more of the three apps, but do not currently interact with Under Armour. The apps will also help Under Armour directly interact with customers, which aligns well with its building personal relationships pillar. These apps have a wide reach of over 120 million users who span three different demographics. MapMyFitness appeals to the runners and bikers. MyFitnessPal appeals to the calorie counters. Lastly, Endomondo appeals to Europeans, which supports Under Armour’s efforts to expand its international reach. Under Armour hopes to use the apps to connect with the users and ultimately convert them to become frequent Under Armour customers. Acquiring these apps is only the beginning for Under Armour and combining the digital world with its apparel. The company is looking towards creating electronic clothing that analyzes fitness activity such as yoga poses and tracking an individual’s run. Under Armour acknowledges developing this type of technology will not be easy and will have its 8 fair share of hurdles, but it is exciting to work and produce a product that incorporates the future of digital by combining the digital world with innovative technology (Germano, 2015). In addition to the entry in the digital world, Under Armour utilizes social media as a way to market its brand and products. Although Under Armour only has three big holidays (campaigns) throughout the year, it is constantly promoting its offerings through social media and on the grassroots level through events and partnerships. Social media is an integral part of society today and Under Armour has capitalized on social media as a way to connect with fans on the personal level as well as maximize the reach the company has. Under Armour categorizes on Instagram with pages that include Women’s, Basketball and UABrandHouse – showcasing the latest apparel and technology (M. Chute, personal communication, June 20, 2014). Similarly, Under Armour utilizes Facebook as another media channel to connect with customers and create a platform to display the newest designs and gear on the Under Armour pages. Under Armour also uses e-mail blasts as a way to market new products (M. Chute, personal communication, June 20, 2014). In addition to using social media and e-mail blasts, Under Armour finds other creative ways to market its apparel and brand. One example of this is specific to Major League Baseball, the professional baseball league whose uniforms are currently sponsored by Nike. This means that Under Armour sponsored athletes cannot show Under Armour logos on their apparel if they are wearing Under Armour under their uniforms – they can only display the Under Armour logo on their equipment. Being that Under Armour is still a fairly new company and has a smaller budget than some of its competitors, it has to find innovative ways to enter the market. Under Armour is currently the number one brand for baseball cleats, but it is still finding new ways to get its brand involved in the sport. As a result, Under Armour has begun to make a push for all catchers to wear Under Armour catcher equipment since catchers get to choose their own equipment (S. Battista, personal communication, September 10, 2014). Having catchers wear Under Armour equipment serves as a billboard for Under Armour during every pitch as the camera usually focuses on the batter and the catcher. In addition to being innovative with technology and specific sports, Under Armour finds innovation in its products. Under Armour is continually trying to innovate because “when we innovate, we win” ((E. Wendell & L. Wolf, personal communication, September 25, 2014). Under Armour is currently working on developing a magnetic zipper to ease the process of zipping a jacket and making it more efficient. This is especially helpful for kids and while on the ski slopes. Under Armour is also looking at how to mimic taped shoes such as boxing shoes or cleats as a way to improve the current footwear options and make a cleaner shoe. In order to maximize the personal relationship aspect of the company and engage with the community, Under Armour has its own innovation challenge where anyone can submit an idea for a product because Under Armour acknowledges the best idea could live outside the Under Armour walls (E. Wendell & L. Wolf, personal communication, September 25, 2014). Under Armour also relies on a technique called cluster marketing as a part of its marketing strategy. Cluster marketing is a strategy that groups different marketing tactics together to maximize exposure for the brand. Under Armour utilizes this strategy for campaign launches, products launches and store openings. When 9 unleashing a new campaign or product or opening a store, Under Armour will combine the event with TV commercials, print, PR events, and other marketing tools to ensure that all channels are being used and all audiences are being reached (S. Battista, personal communication, August 27, 2014). Controversy Although Under Armour is extremely successful, it has had its share of controversies. In February 2014, the United States Men’s Speedskating team blamed Under Armour for their team not medaling in the Sochi Olympic games. The Speedskating team specifically blamed the new uniform designed by Under Armour known as Mach 39. The uniform used the same aerodynamic technology found in fighter jets with heat vents to keep the athletes cool and was supposed to ensure a successful performance. Under Armour strongly believes it gave the athletes everything and that it unfortunately did not translate to success for either side – Under Armour or the United States Men’s Speedskating team. Under Armour accepted it tried something new which didn’t work and understood the allegations made by the Olympic team, but also knew it could not retreat. Even though it felt the effects both nationally and internationally as it was trying to increase its international presence and its stock price dropped, Under Armour continued to remain strong in the public eye. The strength and determination demonstrated by the Under Armour team showed the type of resilience in the brand that drives its success everyday and is an integral part of its marketing strategy. When Under Armour came under fire, Kevin Plank said there is “no better story and nothing more American than getting knocked down… we don’t retreat, we get knocked down, we dust ourselves off and we come back bigger, better and stronger” (CBS Interactive, 2014). This is exactly what the company did and its partnership with the United States Men’s Speedskating team has been extended for eight more years. Furthermore, it finished 2014 back on top with redefining how to market to women, signing the biggest deal in college sports history and reaching a milestone in revenue and within the sports industry. Conclusion In 1996, Kevin Plank decided he wanted to create a shirt that wicked away sweat to help athletes succeed on the field. Little did he know that in less than two decades, his idea that came out of his own athletic selfish desires would help athletes around the world and would become a multi-billion dollar company. Under Armour has always been true to its values and is centered on community. It moved to Baltimore in 2002 and it has been in the city ever since with the attitude that it will continue to work to better the city and its people. After all, Under Armour wants to be known as a company that betters the community around it (E. Wendell & L. Wolf, personal communication, September 25, 2014). Its community value ties directly into its marketing strategy, which has three primary pillars – storytelling, building personal relationships and lifestyle emphasis. Under Armour has a great story to tell and has found that storytelling is the best way to communicate the brand’s message and create an emotional component to the brand. Through storytelling, partnerships and sponsorships, Under Armour has been able to build relationships with its customers, cities and athletic individuals worldwide. As a result of building an Under Armour network with athletic individuals, Under Armour realized there is much more to an individual’s closet and life than simply 10 gym clothes and the gym, so it has begun to expand beyond the weight room to appeal to the everyday needs of individuals whether that be work clothes or an organized running group so that people can get out of the work environment for an hour a day. Under Armour uses additional strategic tactics to market its products and brand such as social media, digital apps and cluster marketing, but focuses on the three pillars outlined. Under Armour is constantly looking towards the future. Under Armour is growing and it is growing quickly. In less than twenty years, it has become a global brand with worldwide recognition. As it continues to grow and becomes a competitor in the international sphere, Under Armour continues to maintain the attitude it has had since its beginning days in the Georgetown row house, which is simply being “a great company” (Plank, 2003). Under Armour prides itself on quality and promises to never lose sight of that regardless of its accomplishments. References Berger, J. (2013). Contagious: Why Things Catch On. New York: Simon and Schuster. CBS Interactive. (2014). Under Armour CEO Under Fire For Olympic Speed Suit Controversy. CBS News. Retrieved from http://www.cbsnews.com/videos/und er-armour-ceo-under-fire-forolympic-speed-suit-controversy/ Fullerton, S. (2009). Sports Marketing. New York: McGraw-Hill. Germano, S. (2015). Under Armour is Wiring Up. The Wall Street Journal, B1 and B4. Interactive Data Managed Solutions. (2015). Under Armour Investor Relations. Retrieved from http://investor.underarmour.com/inco me.cfm Jiwa, B. (2002). Marketing: A Love Story. Australia: The Story of Telling Press. Mirabella, L. (2014). Under Armour Surpasses Adidas to Become No. 2 Sports Brand. The Baltimore Sun. Retrieved from http://articles.baltimoresun.com/2014 -09-08/business/bs-bz-under-armourbeats-adidas-20140908_1_armourceo-kevin-plank-market-leader-nike Plank, K. (2003). How I Did It: Kevin Plank of Under Armour (2003 Column). Inc. Retrieved from http://www.inc.com/magazine/20031 201/howididit.html Plank, K. (2011). Kevin Plank. T. L. Gerhild (Ed.) United States: Polic/International Book Market Service Ltd. Schultz, E. J. (2015). Jamie Foxx, Steph Curry Star In Under Armour Campaign. Ad Age. Retrieved from http://adage.com/article/see-thespot/jamie-foxx-steph-curry-stararmour-campaign/297122/ Telleria, M. (2013). How Stephen Curry Can Become the NBA’s Most Lethal Scorer. Bleacher Report. Retrieved from http://bleacherreport.com/articles/17 79435-how-stephen-curry-canbecome-the-nbas-most-lethal-scorer Under Armour. (2015). Under Armour, Inc. – History. Retrieved from http://www.uabiz.com/company/hist ory.cfm Zmuda, N. (2014). Under Armour Adds Millions to Marketing Budget. Ad Age. Retrieved from http://adage.com/article/cmostrategy/armour-adds-millionsmarketing-budget/292854/ 11
© Copyright 2024 Paperzz