Oakley Marketing Mix: Oakley is connected to the retail and lifestyle industry and offers accessories and apparel. It is a public limited Company and a subsidiary of the subsidiary firm Luxottica Group. The Owner Company is located in Oakley and is of Italian origin but is located within the United States. It was established in 1975 under the leadership of its founding member Jim Jannard.
Marketing Mix Of Oakley
Marketing Mix Of Oakley is brand-based. In Marketing Mix Of Oakley, We will Learn About the four key elements of Marketing Mix: products, place, price, and Promotions. By paying attention to the following four components of the marketing mix, a business can maximize its chances of a product being recognized and bought by customers. We will be discussing Oakley Marketing Mix. Below is the detailed Marketing Mix Of Oakley.
Let’s talk about Oakley Marketing Mix.
Oakley Main Competitors
- Bausch & Lomb Inc
- Lombardi Booster
- Adidas AG
- Marchon Eyewear Inc
- Nike Inc
Oakley official website: www.oakley.com
Product in the Oakley Marketing Mix:
Oakley is a well-known brand that manufactures and markets, and creates lifestyle items and high-performance equipment related to tennis, golf, hockey, hunting, mountain training, fishing, basketball, and surfing.
Its products are constructed using the latest technologies and come with advanced features like Impact Protection, HDO, Lens Tints, Polarized, OTD, RX sun, UV Protection, and Switchlock. Oakley also produces bespoke products to meet your requirements and preferences. The diverse range of products is designed to be used by both genders and also includes
- Asia-Fit Sunglasses
- Youth Sunglasses
- Special Edition Sunglasses
- Wire-Frame Sunglasses
- Lifestyle Sunglasses
- Sports Sunglasses
- Polarized Sunglasses
- PRIZM Sunglasses
- Eyewear Accessories
- Active Sunglasses
- Sunglasses Replacement-Lenses
- Prescription Eyewear
- Prescription Eyewear that is made of Wire-Frame
- Lifestyle Prescription-Eyewear
- Active Prescription-Eyewear
- TruBridge Eyewear
- PRIZM Goggles
- Special-Edition Goggles
- Asia-Fit Goggles
- MX Goggles
- Snow Goggles
- Goggle Accessories
- Tanks and Tees
- Sports Bras
- Performance Shields
Place in the Oakley Marketing Mix:
Oakley is headquartered within its home in the United States, with its headquarters in Foothill Ranch in California. It began its business from an unfinished garage. Then it expanded its operations to include countries within the worldwide market, such as Brazil, Canada, and the United States in the Americas, Australia, Thailand, China, Indonesia, Taiwan, Singapore, Malaysia, and Hong Kong in Asia-Pacific and the United Kingdom, Portugal, Germany, Belgium, Sweden, Austria, Italy, Ireland, France, Spain and Denmark in Europe.
Also, Read Marketing Mix of Tupperware – Tupperware Marketing MixOakley is a well-known sales channel that includes products distribution through specialty stores, premium retailers, and company-owned outlets such as O Stores, Sunglass Designs, Oakley Vaults, Occhiali da Sole and Sporting Eyes. They do not sell their products through general retailers, and the firm will highly contest any unauthorized distribution. Oakley has also created online stores to assist in selling its products.
Price in the Marketing Mix Of Oakley:
Oakley is known for its innovative and high-performance items. It is the holder of more than 600 patents covering a range of products, including materials, performance equipment, and eyewear. The strategies for building brand equity increase its perceived value since it’s positioned its products as distinctive and high-quality. Oakley has implemented a high-end pricing approach and knows that its customers are its primary clients willing to buy its high-end products regardless of the high cost. Oakley has also taken on promo prices and provides coupons and promo codes to online customers to help with its marketing strategies.
Promotions in the Oakley Marketing Mix:
Oakley is an international company that has adopted various ATL and BTL policies to promote its products on the marketplace for consumers. It has launched advertising campaigns that include digital, electronic, and print through the most popular TV channels, magazines, radio, and newspapers billboards, as well as social media platforms such as Facebook, YouTube, Twitter, and blogs.
The company is aware of the effect of celebrity power on people. It has roped in many famous sports personalities to endorse brands, such as Basketball player Michal Jordan Cal Ripken Jr from baseball, and Bonnie Blair, a skater and tennis legend Andre Agassi. Valentino Rossi, an Italian legend associated with motorsports, is closely associated with Oakley as one of its brand ambassadors. Oakley has been active in various CSR initiatives. In 2010, the company provided 35 pairs of glasses for sports to employees of a mining company in Chile. It was also sponsored in 2012 by US Olympic Team members.
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