PEGASUS TRAIL
When you
are big, you are big. Often niche segments and opportunities do not show on the
brand concept maps. The volume is still tiny. Your business is huge. You sell
to your core audience but you also serve the lifestyle business. Numbers come
quite easy.
That
happened at that time, but “trail running” was there, with just one brand
taking 70% of marketshare in a business smaller than 8% of the running
category. Not big enough?
At that
time we wanted to have a point of view on that niche segment, not only for the
potential business we could add to our reports, but also because ‘trail
running’ could potentially connect our brand to the outdoors, to the nature, to
the environment, and that was even more interesting than the proper added
business.
Entering a
new sport is about respecting its culture and heritage. It’s about respecting
its people and being true to one strong principle: why are you here?
Adding
value to the business you are about to enter is key, as key is partnering with
the right partners to do things the right way.
Starting
from pure old school grass roots product led little actions, to building the
best blend of performance & lifestyle thru Wild Trail Project to launching
globally the newest Pegasus 36 Trail in Barcelona took 5 years. By then “trail
running” was not a niche business anymore, but it required a little forward
vision.
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