Question
1- Olympians generally do not turn into global phenomena. One reason is that they are highlighted only every four years; e.g., not too many people
1- Olympians generally do not turn into global phenomena. One reason is that they are highlighted only every four years; e.g., not too many people follow competitive swimming or downhill skiing outside the Olympics. How did Michael Phelps (think Lindsey Vonn) turn into a global brand?
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| 2- Which approach to the strategy process did Phelps, his coach, and manager use? Why was this approach successful?
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3- Phelps was embroiled in a number of controversies outside the pool. What impact did these shortcomings have on his brand value? What do these incidents tell you about maintaining and increasing brand value over time? |
| 4- What does Phelps need to do if he wants to play a similar transformative role in the marketing and sponsoring of swimming as Michael Jordan achieved in basketball? |
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