Preview

Marketing Analysis of Li-Ning

Best Essays
Open Document
Open Document
5085 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marketing Analysis of Li-Ning
Executive summary
LI-NING limited company was found in 1980. At the beginning of its establishment, it cooperated with Olympic team of China to push the development of sports goods. At the same time, LI-NING spared no effort to sponsor all kinds of matches. In 1995, it became the leading sports brand of China. Through exploration over 20 years, it gradually becomes a famous international sports brand representing China. In this report, it makes a marketing plan for the next three years according to detailed analyse of internal and external environment of LI-NING, which is based on the model of Benchmarking, Product Lifecycle and PESTEL. At the same time, it finds the key issues of LI-NING facing through news. Afterwards, according to the key issues, build the feasible objectives. And then it detailed recommend target market segment, positioning and marketing mix and critical factors for LI-NING limited company.
Introduction
Li-Ning Company Limited is one of the leading sports brand enterprises in the PRC, possessing brand marketing, research and development, design, manufacturing, distribution and retail capabilities. In addition, the mission of the company is that through sports to inspire people the desire and power to make breakthroughs. The vision is to be a world’s leading brand in the sports goods industry. At the same time, Breakthrough is the core values of LI-NING (LI-NING, 2010). There are a great number of products in LI-NING. However, Shoes of LI-NING is the aim of research in the report.
Audit and analysis
A marketing audit is a comprehensive systematic, periodic evaluation of a company’s marketing capabilities. The audit examines the goals, policies, and strategies of the marketing function. Marketing audits are performed on a regular basis by an unbiased, independent company and are used to improve a company’s overall marketing performance or to establish new marketing plans. An effective audit include these six points, they are marketing

You May Also Find These Documents Helpful

  • Powerful Essays

    Nike was incorporated in 1968 and has become arguably synonymous with elite footwear/apparel amongst the world population (Nike 10K, 2009). Nike’s primary business “is the design and development and worldwide marketing of high quality footwear and apparel” (2009, pg.1). In addition, Nike also designs/markets sports equipment and accessory products. Nike puts a heavy emphasis on investing in the innovation and design of their products to give their customers a high-quality product. Nike is the largest seller of athletic footwear and apparel in the world (2009). Nike sets the bar for other companies in the sports apparel/footwear industry, like Under Armour.…

    • 5144 Words
    • 21 Pages
    Powerful Essays
  • Satisfactory Essays

    Vark

    • 569 Words
    • 2 Pages

    In order for students to maximize their learning experience is important to be aware of their preferred learning style. A great tool that is used to determine the learning style preferences is the VARK (, audio, reading / writing, visual kinesthetic) questionnaire. Assessing VARK learning style was developed by Neil Fleming in 1987. The questionnaire consists of 16 questions with multiple response options. Respondents are allowed to skip a question or multiple choice response options if necessary (Barman, Jaafar, and Rahim, 2009). Those who took the survey questions are easy to relate to, because they are based on real life situations (Rogers, 2009). Once the completed questionnaire a score is provided along with the corresponding preference learning and learning strategies identified. It is necessary that students are aware of their learning style preference and knowing the best way to study to reach their full learning potential. This article will discuss the results of the questionnaire Vark author of this work.…

    • 569 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Driven Athletic Footwear Company’s main objective was to create the competitive advantage in all regions by gaining the market share while increasing shareholder’s wealth. First, we aspired to create a brand the consumers would want and retailers would want to carry; therefore throughout the years we made attempts to increase the S/Q rating of our products, increase production in low cost regions, offering an array of models and styles, and maintaining our pricing structure,…

    • 1148 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Mr. Vannutt

    • 597 Words
    • 3 Pages

    The challenges from industrial competitors may be the most crucial problem to the company. Besides some low-end shoe brands, the enterprise still has a number of shoe retailing competitors that offer similar products with it. Although there doesn’t have a large number of strong competitors of the shoe industry in China market, but the price of local brand is cheaper than the world shoe, and few major competitors all show their considerable capacity in selling products as well as achieving profit in the period before.…

    • 597 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    School Shootings

    • 669 Words
    • 3 Pages

    Since 2010, there have been 49 cases of school shootings that left 63 injured and 66 dead. This growing problem has increased over the years and has put fear in the minds of parents and their children. Even though children may jokingly exaggerate that school is terrible, it now seems as if going to school is truly a life or death situation. There has to be someone or something to blame and it seems as if this problem can debatably be blamed on the security among schools. Having a more advanced security system in schools is essential to protecting the well-being of staff and students.…

    • 669 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    M1 Unit 4

    • 1605 Words
    • 7 Pages

    Be able to design a marketing plan on the basis of data compilation through appropriate marketing audit technique, by overcoming the main barriers to marketing planning, including the ethical challenges in the process.…

    • 1605 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    Control and Mechanisms

    • 1463 Words
    • 6 Pages

    Management Audits Management audits are a way that a company can investigate on the effectiveness and…

    • 1463 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    A marketing audit is in a number of ways the true starting point for the strategic marketing planning process, and is therefore, as Kotler (1999)has suggested ‘a comprehensive systematic, independent and periodic examination of a company’s-or…

    • 4696 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    Footwear industry in China was lucrative, since there was an increasingly number of people buying brand shoes and increasing franchising opportunities, most shoes companies are expanding, thus the competition between shoes companies in the same market share becomes more and more fierce. (Arms, 2003) For New Balance Company, In order to maintain a substantial amount of market share, to target several suitable segmentations is vital. Those profitable segmentations can make New Balance Company become more competitive among its competitors such as Nike, Adidas and Reebok. In the following section, different potential segmentations will be classified and discussed by analysing different group of customers’ characteristics, needs and wants.…

    • 1471 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    Final research paper

    • 2841 Words
    • 9 Pages

    The idea to start a shoe company first came in my head when I first bought Nike soccer shoe at the age of 18. To buy the shoe, I had to go to different stores but still couldn’t find the exact color I was looking for. Then I came home and bought it from official Nike online store. After that I asked myself what if I had a store where there are all different varieties of shoes in store. Then I started sharing my idea with my best friend, Stalin Gomes, who is currently studying at Bridgeport University in Connecticut and is also a founder of this company. He also shared a similar idea and we started working towards building our company in 2010. Then we named it “Athletic Footwear”. Our company 's USP is “The best you can have”. We are committed to provide our customers with varieties of top quality footwear. We are working with all the top athletic footwear brands like Nike, Adidas, Reebok, Puma, New Balance, Under Armour, Asics, Sketchers, Vans and Umbro to bring all the new gears to our customers. Our company 's marketing targets are runners, athletics, sneaker lovers and others. Our company 's top priority and goal is to provide the best customer service possible and going global.…

    • 2841 Words
    • 9 Pages
    Better Essays
  • Good Essays

    Samsung

    • 463 Words
    • 2 Pages

    Watch Videos: - Key concepts related to video are found in listed chapters. Viewing time is found in parenthesis. Please watch the either Seoul Success or Disney Imagination video and answer the related questions.…

    • 463 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Nike Marketing Plan

    • 7636 Words
    • 31 Pages

    Nike is a worldwide powerhouse in the athletic shoe and apparel industry. Nike's short, but yet effective mission statement is characteristic of such success. Nike paints a picture of their company for the world to see their, "inspiration and innovation", as well as their "commitment to serve everyone in the world". Through a continuous effort by Nike to remain at the apex of technology and innovation, they are the market leader by a significant margin. As a result of Nike's pursuit of selling a broad spectrum of products, they possess a formidable competitive advantage.…

    • 7636 Words
    • 31 Pages
    Good Essays
  • Good Essays

    Li Ning Marketing Plan

    • 1236 Words
    • 5 Pages

    In terms of brand positioning, Li Ning needs to put international feeling over oriental theme. Though distinctive, the oriental theme is not effective in satisfying customer¡¦s Chinese perception for success, fashion and keeping-ahead. A reinforced international branding could fill customer¡¦s perception…

    • 1236 Words
    • 5 Pages
    Good Essays
  • Better Essays

    After the establishment of market economy in China, Chinese economy developed at a rapid speed and its achievement in economic construction is obvious to all; In the 2001s, China assessed to WTO, it is benefit for export trade and absorbing foreign investment; In the 2010s, China become the second largest economy in this world. With the expansion of Chinese economy, Chinese sports brand rises and achieved great development; one of the outstanding representatives is Li-Ning Company Limited which makes athletic shoes and sporting goods (Xing Zhang, 2012). After 2008 Beijing Olympic Games, sports industry becomes an investment hotspot in China and the self-fulfilled Chinese brand like Li-Ning are attempting to find a way for further international development (Dong Qinqin, 2011); As a high-end sports brand, Li-Ning regards Nike and Adidas as its strongest competitors that endorse a great deal of athletes and sports teams, both domestic and international (Xin Zhang, 2012). This article will investigate and make some comparisons of marketing strategy of Li-Ning domestically and international in order to provide some suggestions for the further development of Li-Ning Company Limited.…

    • 1378 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Li Ning and the Market

    • 688 Words
    • 3 Pages

    Even though Li-Ning is a well-known brand in China and recently debuted its flagship store at Orchard Ion this year, the brand name is still unfamiliar to many Singaporeans. There are a couple of reasons to that and we shall look into what are the reasons that might be impeding Li-Ning from becoming a well-known brand in Singapore, what Li-Ning is doing to become famous as well as recommendations to build up on its image.…

    • 688 Words
    • 3 Pages
    Good Essays

Related Topics