Preview

Nike Marketing Analysis

Powerful Essays
Open Document
Open Document
843 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Nike Marketing Analysis
Market Research Nike : Associating Athletes, Performance, and the Brand

12/16/2013
PGDITBM 13-14 (Group 3)

Submitted By: Karuna Turlapati (13030264008) Lokesh Jha (13030264009) Abhinav Khare (13030264016)

Research Problem :

The marketing research problem is to determine consumer preferences for Nike as a Brand in the European Markets.

More specifically:

a. What criteria do consumers use for evaluating Nike shoes? Are they aware of the Nike as a leading brand in terms of atheletic shoes?
b. How do consumers evaluate the various brands of athletic shoes in terms of the choice criteria? Who all are the Major players in the Market? What are their Strengths?
c. Are the consumers willing to pay a premium price for high performance shoes?
d. What is the demographic and psychographic profile of customers loyal to Nike?
e. What demographic, psychographic, and product usage characteristics differentiate Nike loyalists from consumers loyal to other brands in the European Markets?

Research Objective :

Research Objective goal is to find opportunities or to identify problems with the existing strategies at Nike and how the research can be conducted to achieve the desired Brand Awareness and Market Share in the European market. A survey needs to be conducted to find the obstacles which need to be considered before the Marketing strategies at Nike can be implemented to the European Markets.

Questionnaire for Market Research : Nike
PART A
Q1. How often do you wear athletic shoes?
a. One a month or less often ____
b. Two or three

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
  • 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
  • Better Essays

    Marketing Plan, Phase Ii

    • 1211 Words
    • 5 Pages

    Nike is a global company and the recession has directly or indirectly affected the entire world. As a result, a large portion of Nike exists and potential customers are impacted. Therefore, geographic segmentation by region, population, and population density (urban, suburban and rural) can affect the target market selection. In addition,…

    • 1211 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    To better serve Nike’s customers, the advertisements in the campaign are to be evaluated. It will be determined which advertisements consumers find most interesting and effective. Various descriptive research methods will be conducted, limiting observation methods to a simple, structured observation of inventory analysis at participation locations. Survey methods will include computer-assisted personal interviewing at various eye care centers, structured mail interviews, and a Customer Relationship Management platform utilized through Nike and Bausch and Lomb websites.…

    • 723 Words
    • 3 Pages
    Powerful Essays
  • Powerful Essays

    Nike sells to approximately 140 countries around the world and currently boasts an approximate revenue of $8,776,900,000 These revenues are based on product sales of shoes, clothing, and other sports products. Advertising expenditures currently total $223,300,000 and include the following allocations: $64,975,000 for network television, $31,447,000 for consumer magazines, $7,700,000 for spot television, $343,000 for newspapers, $134,000 for outdoor postings, and $36,000 for radio. (Reed Elsevier) Most footwear products are made outside of USA. However apparel products are produced in the USA and abroad. (www.statcan.ca) In this article we will try to explore the interaction between the company Nike and its external business environment, as well as the internal strengths and weaknesses of the company. We will attempt to discover some of the significant changes and events in the external environment that have occurred in the last 5 years and have directly impacted Nike. We will describe how the company adapted and responded to these changes and what the effects of these events were. Also we will identify and describe some of Nike's internal strengths and weaknesses.…

    • 4587 Words
    • 12 Pages
    Powerful 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
  • Better Essays

    Environmental Factors

    • 1031 Words
    • 5 Pages

    Nike is an organization that conducts both domestic and global marketing. The environmental factors will be identified that will affect the global and domestic marketing decisions. The following will be addressed as they relate to the organization’s marketing decisions: Analyze the influence of global economic interdependence and the effect of trade practices and agreements. Examine the importance of demographics and physical infrastructure. Analyze the influence of cultural differences. Examine the importance of social responsibility and ethics versus legal obligations. Explain the effect of technology.…

    • 1031 Words
    • 5 Pages
    Better 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
  • Powerful Essays

    Athletic Shoes Industry

    • 4598 Words
    • 19 Pages

    The purposes of the report are to find the information to understand the strategies of these two athletic shoes companies, Nike, Inc and Adidas AG. The report investigates the external and internal environments for these two companies. The external analysis will include the overview of the athletic shoes industry and find the opportunities and threats for both of them. This report uses Porter’s five forces,…

    • 4598 Words
    • 19 Pages
    Powerful Essays
  • Good Essays

    Athletic shoes have become a basic part just about everyone 's wardrobes. This is due to both the increasing numbers of people exercising and the trend towards casual apparel. One of the most popular brands in the world is Nike. Competition is strong at all levels within the industry, especially among the leaders. However, Nike has successfully differentiated from these competitors. This essay will concentrate on what makes Nike shoes standing out from the rest.…

    • 1213 Words
    • 5 Pages
    Good Essays
  • Good Essays

    In Reading “ This Bridge Called My Back” we examine the multiracial feminism movement. The book includes the writing from various women of the movement. In these writings and poems are about the painful events that women have suffered through as women of color. Women of color have experience harsh treatment and the anger of the suffering is evident in these poems. Also the injustice that white feminist by ignoring women of color as part of the feminist movement the texts states “We are challenging white feminists to be accountable for their racism because at the base we still want to believe that they really want freedom for all of us.”…

    • 367 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Managerial Accounting

    • 2251 Words
    • 10 Pages

    References: Adelaide A. Odoteye. (Fall, 2006). Nike, Inc. Case Study. pp. 09-16. Retrieved February 05, 2013 from EBSCOhost database.…

    • 2251 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Celebrity Advertising

    • 5493 Words
    • 22 Pages

    Spence, Kevin (2008), “Nike: By The Numbers,” Gatton Student Research Publication, Vol. 1, No. 1, Gatton College of Business & Economics, University of Kentucky.…

    • 5493 Words
    • 22 Pages
    Powerful Essays
  • Good Essays

    Nike Marketing Plan

    • 7636 Words
    • 31 Pages

    Nike exhibits significant strength in market share, brand image and recognition, as well as research and development. Through the use of intuition and analysis I have concluded that opportunities exist for Nike to increase market share. Specifically, I recommend horizontal integration, global expansion, European concentration, and segmented marketing to target various generational demographical opportunities. The focus will lie using various methods of segmentation to develop the targeted markets and increase market share.…

    • 7636 Words
    • 31 Pages
    Good Essays
  • Powerful Essays

    Assignments

    • 2690 Words
    • 10 Pages

    2. With respect to Questions 1 of part B, propose how Nike may overcome these…

    • 2690 Words
    • 10 Pages
    Powerful Essays