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Sad that Adidas is pulling out.....
IMO, they product price was a bit steep and margin was low for the resellers - meaning room to be competitive was very limited.
I think they choose the wrong product segment to complete in - trying to target the high end market/price point of the Stiga/Butterfly, but they had not much Professionals backing them
Compared to another new player to the market - Xiom, Xiom has they luxury line up, as well as the mainstream line up (which got them market share)
I would thought that Adidas should rather focus on recreational first - and own the market there, and have a mainstream and a few luxury and add more luxury after 10 years or so - than oppose to only focusing on the high end segment.
Good luck to the Adidas TT guys - Director Allen and co
IMO, they product price was a bit steep and margin was low for the resellers - meaning room to be competitive was very limited.
I think they choose the wrong product segment to complete in - trying to target the high end market/price point of the Stiga/Butterfly, but they had not much Professionals backing them
Compared to another new player to the market - Xiom, Xiom has they luxury line up, as well as the mainstream line up (which got them market share)
I would thought that Adidas should rather focus on recreational first - and own the market there, and have a mainstream and a few luxury and add more luxury after 10 years or so - than oppose to only focusing on the high end segment.
Good luck to the Adidas TT guys - Director Allen and co