Introduction Timing Nike's success can be attributed to the era of "fitness craze" in 80s, when indoor activity like aerobics became enormously popular. There was a revolutionary change in how people perceived about sports. No longer sports were regarded as merely for recreation. Rather, sports are essential in order to live in healthy and productive life. More and more people start to exercise among poplar ones were jogging and aerobics. As result, demand for athlete footwear increased. In 80s, Reebok with their stylish "FreeStyle" shoes, specifically for indoor activities, was number one at the time. But, very soon eventually Nike would take over Reebok and become dominant force in athlete footwear and apparel industry. Marketing Strategy Probably the most important marketing strategy( and very successful one) was endorsement of top athletes in every sport. It is this strategy that enable Nike to extend its popularity "beyond one segment, but into children's men's, women's and all the levels (cross-training, basketball, etc.)"( Peedin: 3).Endorsement was the primary weapon being used to attain its goals to dominate the market. Nike was pioneer in endorsing famous athletes to promote the products. It was not after proving the effectiveness of endorsement, other companies, such as Reebok, followed the footstep of Nike. First athlete to be endorsed was running star Steve Prefontaine in 1973 . Then came along with Jimmy Connors, tennis star in 1974. And in 1985, Michael Jordan, the most important athlete Nike ever had(Peedin: 3). The strategy was to make connection between products and athletes, not to emphasize the product itself in advertisement. To do so, Weiden & Kennedy, Nike's advertising company, applies "image transfer"(#1). It is a method "to create a mood, an attitude, and then associate the product with that mood". A connection implies that the best athletes prefer Nike products.
Nike Nike, Inc. is the worlds #1 athletic shoe and apparel seller. ... As a result, this is bringing Nike a lot more competition to surpass. ... Nike has 20,000 plus retail accounts throughout the U. ... (1) Nike's product line: Nike should take a close look at their product line. ... Therefore, Nike needs to look at downsizing its product line. ...
Nike Shoe Factory Controversy There has been a lot of controversy lately about the working conditions and low wages in overseas Nike shoe factories. ... Nike became the number 1 seller of shoes in Canada and the company reaches out and forms Nike International Ltd to service more than forty foreign countries. ... Nike receives a small dip in their gross revenue. ... In response to all these allegations, Nike did many things. ... In the statement issued by Nike, available on Nikebiz.com, it says, "No contract worker making Nike footwear product can be under the age of 18. ...
Nike, the number one sport-shoe producer, selling $9.2 billion worth of shoes per year claims that "there shall be no discrimination based on race, creed, gender, martial or maternity status, religious or political beliefs, age or sexual orientation." So why is an average wage for an Indonesian Nike factory worker $2.60 a day? Nike clothing retailers have enjoyed huge success since there debut opening in 19__. ... Over the past decade, tens of thousands of students, people of faith, activists, and consumers have demanded that retailers take responsibility to clean up sweatshops such as Nike...
Nike Project 3 Prabhu Sankar Nike Corporate Level Strategy Analysis Level & Related or Unrelated Nike's corporate level strategy includes a moderate level of diversification. ... Nike has never left its core competencies. ... With the use of Tiger Woods, Nike's sales increased as if it was Nike using Michael Jordan all over again. ... Nike has made one acquisition, however. ... If Nike chooses to use both ...
All of Nike's chief products are athletically inspired. ... Nike's shoes also address the market for outdoor activities. ... Nike is further addressing new niche markets every year. ... An excess of inventory in 1985 caused Nike to reduce prices this pushed Nike from the top spot in the market. ... Nike is very financially strong. ...
In the spring of 1972, the first shoe to include the Nike swoosh was introduced. ... The Waffle outsole transformed the running world and soon after, Nike Air evolved Nike's revolutionary impact on sports. ... In 2001, Nike introduced Nike Shox, unique columns of engineered foam, and a new revolution in cushioning began. ... The diversity in such size is helping Nike evolve its role as a global company. ... Nike is, and always has been committed to evolving and improving their products to remain leaders in their industry. ...
In contrast, 95 percent of that 120 dollars will essentially be turned over to the wealthiest American Nike corporate executives. ... Nike has been known to state that they do not know about the reprehensible conditions where their shoes and apparel are manufactured. ... Nike's sweatshops employ mostly young women and girls; in fact they are 90% of the work force. ... (Lormand, 2) Nike is doing little to help Chinese workers and their communities, to become self-sustaining, economically. ... Nike would feel the effect of lower sales, and begin to make the changes, that would uphold ...
One of these is the Nike Company's internal environment. ... It is these departments that impact Nike's marketing decisions. ... This increases the demand for the Nike products. ... Buyer behavior has affected the marketing activities of Nike. ... Nike's positioning strategy is by user. ...
