Preview

Nike's Imc Plan

Good Essays
Open Document
Open Document
5035 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Nike's Imc Plan
1

NIKE

64th Intake/ DSM 402 / Group assignment for Marketing Communication

We declare that this report is 3991 words in length Cordially consolidated by: Leader: Michelle Zheng Pei Yi (S8822344Z)

Members: Noorjanah Khatoon Bte Mohd Khan Sarattee (S7930425E) Eugene Nah (S7925122D)

Nike

Huang PeiLing (S8827406G)

1|Page

2

NIKE
Content Page 1.1 Nature of Business……………………………………………………………………... Page 3 1.2 Nike Origin and Background…………………………………………………………... Page 3 1.3 Nike Popularity………………………………………………………………………… Page 4 1.4 Key Milestone I…………………………………………………………………………Page 5 1.4 Key Milestone II...……………………………………………………………………... Page 6 1.4 Key Milestone III……………………………………………………………………… Page 7 2.0 Competitor Analysis…………………………………………………………………… Page 8 2.0 Competitor Analysis II ………………………………………………………………... Page 9 2.1 Competitor Market Analysis …………………………………………………………... Page 10 3.0 Consumer Analysis…………………………………………………………………….. Page 11 3.1 Consumer Analysis – Characteristic of Generation Y ………………………………… Page 12 4.0 Product Background…………………………………………………………………….Page 13 4.1 Market Challenges…………….……………………………………………………….. Page 14 5.0 Campaign Objectives………….……………………………………………………….. Page 15 5.1 Campaign Selling Idea………...……………………………………………………….. Page 16 6.0 IMC Tools I……………………………………………………………………..............Page 17 7.0 IMC Tools II…………………………………………………………………………… Page 18 7.0 IMC Tools III…………………………………………………………………………... Page 19 7.0 IMC Tools IV ………………………………………………………………………….. Page 20 8.0 Evaluation Methods…………………………………...……………………………….. Page 20 References……..…………………………………………………………………………… Page 21

2|Page

Nike

3

NIKE

1.1 Nature of Business Nike Inc. principal business activity is the design, development, worldwide marketing and distributor of high quality footwear, apparel, equipment, and accessory products for a wide variety of sports and fitness activities. Nike is the largest seller of athletic footwear and athletic apparel in the world acclaimed. Nike



References: (1) Accessed on 10 June 2010 http://www.nikebiz.com/responsibility/documents/9_Nike_CRR_Nike_Biz_C.pdf (2) Accessed on 10 June 2010 http://www.nikebiz.com/media/pr/2010/05/5_NikeInvestorMeeting.html (3) Accessed on 20 June 2010 http://www.google.com/imgres?imgurl=https://materials.proxyvote.com/Approved/654106/2 0090724/AR_44240/800/nikeintro.jpg&imgrefurl=https://materials.proxyvote.com/Approved/654106/20090724/AR_4424 0/HTML1/default.htm&usg=__7yu_w27GXQ6z7KduKUM_W9BJuPc=&h=600&w=777&sz =100&hl=en&start=11&um=1&itbs=1&tbnid=Mf2v9VoifdMwM:&tbnh=110&tbnw=142&prev=/images%3Fq%3Dnike%2Bannual%2Breport%2B2 009%26um%3D1%26hl%3Den%26newwindow%3D1%26rls%3Dcom.microsoft:en-sg:IESearchBox%26rlz%3D1I7ADRA_zh-CN%26tbs%3Disch:1 (4) Assessed on 20 June 2010 http://www.nytimes.com/2007/12/23/sports/23shoe.html (5) Assessed on 25 June 2010 http://www.csrwire.com/press_releases/24988-NIKE-Considered-Design-Products-ThatRedefine-Performance-and-Sustainability (6) Assessed on 5 June 2010 http://www.nike-star-shoes.net/LeBron_James_Shoes.html (7) Assessed on: 4 June 2010 http://www.nike-star-shoes.net/Kobe_Bryant_Shoes.html (8) Assessed on: 18 June 2010 http://www.marketwatch.com/story/nike-jumps-after-results-promise-continued-demand2010-03-18 (9) Assessed on: 19 June 2010 http://www.forbes.com/2010/02/03/most-powerful-sports-names-tiger-woods-nike-cmonetwork-sports-brands.html (10) Pearson, Integrated Advertising, Promotion and Marketing Communication Fourth Edition, Kenneth E. Clow Donald Baack. Pg. 31 (11) Pearson, Integrated Advertising, Promotion and Marketing Communication Fourth Edition, Kenneth E. Clow Donald Baack Pg. 125 22 | P a g e Nike

You May Also Find These Documents Helpful

  • Good Essays

    Nike could modify its products and services through its innovative marketing strategy taken from evaluations on customer benefits and needs, whereas the product succeeded innovation technology with fashions that cater to customer satisfaction on a global level (Nike, 2000). Nike currently seeks out innovative ways to create advance athletic products and methods to speak creatively to the market because the success of Nike is based on marketing strategy that weighs current factors and trends (Nike, 2000). If Nike continues the innovation of new marketing ideas for their services and products, the organization will maintain their current role of innovative leadership with products, developments, and revenues in the athletic sports-wear industry (Nike,…

    • 1072 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Nike Swot Analysis Essay

    • 482 Words
    • 2 Pages

    There are several significant athletic and leisure footwear companies and sports equipment firms that produce similar products. Some of the primary ones are Puma and Adidas are some of the big competitors with Nike. Other large companies have diversified their product lines to include athletic and leisure apparel including Under Armour and lululemon. This type of quick change in technology and customer preferences can result in a risk for Nike. Demand for Nike’s products relies on what the norm in many sports and fitness related activites are, as well as the ever-changing trends, these generally control the financial results of Nike. If competitors have more success attracting customers with more appealing footwear or apparel, this would also hurt business…

    • 482 Words
    • 2 Pages
    Good Essays
  • 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
  • Powerful Essays

    Nike- an Ecnomic Report

    • 3351 Words
    • 14 Pages

    Nike’s primary product focus is athletic footwear designed for specific-sport and/or leisure use. Nike is the world 's largest supplier of athletic footwear, with an estimated share of 50% of the $20 billion market. Sports apparel and equipment are also sold under the Nike banner. Nike is classified under the Footwear manufacturing and marketing industry with a Standard Industrial Classification Code (SIC) 3021- Rubber and Plastics Footwear and its primary North American Industry Classification System (NAICS) code is 316211 - Footwear Manufacturing in the US.…

    • 3351 Words
    • 14 Pages
    Powerful Essays
  • Better Essays

    Growing up there was one brand that all professional athletes used in my eyes, Nike. The Swoosh, was the icon that all kids had to have, and why not? All the big time players not only had it, but endorsed it. Ads, which had Michael “Air” Jordan, Bo Jackson, or Wayne Gretsky “The Great One” doing amazing physical feats, always, motivated the crowds. The Nike company new this, and blasted it marketing campaign through all sorts of media. In this essay I will break down this multi-billion dollar company’s marketing techniques in the areas of: customer value, promotional items, marketing’s four p’s of the marketing mix, the segmentation, targeting, and positioning (STP) approach to market the product, Customer Relationship Management (CRM), environmental trends, the largest customer base, its competitors, and ethical marketing for this corporation both stateside…

    • 2640 Words
    • 11 Pages
    Better Essays
  • Good Essays

    Nike is a worldwide leader in the design, marketing and distribution of athletic and sports-inspired footwear, apparel, equipment and accessories. Wholly-owned NIKE subsidiaries include Cole Haan, Converse Inc., Hurley International LLC, Umbro International Limited. NIKE is the largest seller of athletic footwear and athletic apparel in the world. Nike is committed to amplifying their innovation agenda and driving growth at the category, brand and country level. Nike acknowledges the fluctuating state of the economy and…

    • 867 Words
    • 4 Pages
    Good Essays
  • Best Essays

    This report examines NIKE Inc. one of the leading sports brand in the world. It uses business analysis techniques such as SWOT, PESTEL, Porter’s five forces, and Ratio analysis to analyse the business environment and performance of this company.…

    • 3339 Words
    • 13 Pages
    Best Essays
  • Powerful Essays

    This paper explores Nike and their ability to overcome the consumer market. We will take a look at their strategic planning as far as concept, market segment and value proposition. Throughout this paper we will explain how Nike is one of the most sustained companies in our markets. The reason behind their success, their new inventions and solutions that seem to benefits athletes all around the world.…

    • 1621 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Nike Essay

    • 1227 Words
    • 5 Pages

    This business report will examine NIKE incorporated. A brief history will be provided followed by a detailed analysis of the components of globalisation, including topics such as:…

    • 1227 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    The athletic footwear industry includes all producers of shoes designed in an athletic style or for an athletic use. We define the active footwear industry as an industry that manufactures shoes for active lifestyles. The primary focus of this analysis is on the United States market as it represents roughly 32% of the overall footwear market (PRWeb, 2012). While companies in this industry also produce athletic apparel and accessories, our primary focus will be on the company’s athletic footwear. The industry chain consists of an abundance of suppliers of raw materials that include rubber, cotton, foam and synthetic fibers followed by low-cost manufacturers located mainly in South East Asia, except for New Balance who manufactures its athletic shoes in the United States (IndexMundi). After completion of manufacturing, the shoes are distributed out to either brand specific stores, sports stores, department stores, or sold through online sales channels directly to the consumer. In order to create a more complete understanding of the athletic shoe industry, the below graph provides a visual of the market share breakdown by sales volume. However, the graph does not account for the recent merger between Adidas and Reebok, therefore, Adidas percentage should be 22% (Dolleschal, 2009).…

    • 13415 Words
    • 54 Pages
    Powerful Essays
  • Good Essays

    Nike's Stock

    • 592 Words
    • 3 Pages

    Nike, Inc. is an American multinational corporation that is engaged in the design, development and worldwide marketing and selling of footwear, apparel, equipment, accessories and services. Now, it is the one of the most popular in the businesses in the world, most of people will choose Nike for their first chose.…

    • 592 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Sanford C.Bernstein & Co.LLC, 2001, Black Book-Nike & Reebok: Changes Afoot. Bernstein Global Wealth Management, 1345 Avenue of the Americas, New York New York 10105-0096,United States of America…

    • 1430 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Nike’s revenues since 1997 had grown from $9 billion, while net income had fallen $220 million. A study written by Douglas Robson printed in Business Week revealed that Nike’s market share in the U.S. athletic shoe industry had fallen from 48 percent to 42 percent since 1997. In addition, supply-chain issues and the effects of a strong dollar negatively affected revenues. In the meeting, management planned to increase revenues by developing athletic-shoe products in ranges varying between $70-$90 and push their apparel line. Nike’s executives expressed that the company would still continue with a long-term revenue growth target of 8-10 percent and earnings-growth target above 15 percent.…

    • 1030 Words
    • 5 Pages
    Powerful 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
  • Satisfactory Essays

    Nike Case Study

    • 1779 Words
    • 8 Pages

    1. What external and internal pressures did Mark Parker face when he assumed the leadership of Nike, and how did he respond to this challenges?…

    • 1779 Words
    • 8 Pages
    Satisfactory Essays

Related Topics