Lessons - Building Reebok & LuLulemon | Bob Meers - Ex-CEO at Reebok & LuLulemon

Success Story with Scott D. Clary

Success Story Media

Business, Education, How To, Self-improvement

4.6 • 326 Ratings

🗓️ 21 November 2024

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

➡️ Like The Podcast? Leave A Rating: https://ratethispodcast.com/successstory In this "Lessons" episode, Bob Meers, former CEO of Reebok and Lululemon, delves into the strategies behind building iconic brands that stand the test of time. He shares his experience in aligning business goals with sustainability, driving innovation, and maintaining premium pricing in competitive markets. Sustainability as a Business Imperative: Bob discusses how businesses can seamlessly integrate sustainability into their models, making it a core value rather than a superficial effort. He highlights the influence of Gen Z on consumer trends and the growing demand for sustainable solutions. Overcoming Resistance to Change: Drawing on his tenure at Reebok and Lululemon, Bob explains why some companies resist innovation and how embracing change can be less costly in the long run. He recounts how innovation, such as the development of Reebok’s Pump shoe, can revitalize a brand and meet evolving consumer demands. Building Brands That Command Premium Pricing: Bob shares insights into creating products that justify premium pricing, emphasizing the importance of influencing key market players and trendsetters. He outlines strategies for balancing cost, value, and scalability to ensure business success while maintaining high-quality standards. ➡️ Show Linkshttps://successstorypodcast.com YouTube: https://youtu.be/XnWBwU673XAApple: https://podcasts.apple.com/us/podcast/bob-meers-ex-ceo-at-reebok-lululemon-ceo-at-better/id1484783544?i=1000631913922Spotify: https://open.spotify.com/episode/7j9SIhfTcG07LOaiRhxTL6?si=aaee740124f84d98 ➡️ Watch the Podcast On Youtubehttps://www.youtube.com/c/scottdclary

Transcript

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0:00.0	All right, listeners, please welcome our real-life finance nerd from NerdWallet, Sean.
0:06.0	Hey, Scott.
0:06.5	Thanks for having me.
0:07.4	Now, we all know NerdWallet for their credit card comparisons, but it's much more than that, right?
0:11.1	Yeah, so much more.
0:11.9	I mean, even for credit cards, it's not the basic this card versus that card.
0:16.3	With us, you can filter for features you want.
0:18.6	You can add your top cards to a comparison table and get
0:22.1	access to exclusive offers. So smarter tools, smarter financial decisions. Exactly. Beyond credit cards,
0:29.3	we research and review thousands of other financial products from high-old savings accounts to
0:34.1	mortgage lenders so that you can find the smartest financial products.
0:38.7	All right.
0:38.9	You hear that world.
0:39.9	NerdWallet is not just credit cards.
0:42.4	Thank you for that important PSA, Scott.
0:44.3	And where exactly should people go to compare and find these credit cards and savings accounts
0:49.2	and mortgage rates and more?
0:51.1	NerdWallet.com forward slash learn more. Thanks so much, Sean. NerdWallet.com forward slash learn more.
0:54.8	Thanks so much, Sean.
0:55.9	NerdWallet Finance Smarter.
0:58.2	Scott, I think that's my line.
1:00.1	Finance Smarter, y'all.
	...

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