Matthew Selle Professor Li Global Business Project Spring 2012 Nike We decided to choose Nike as our company for this global business project. Nike is ranked 135 in the fortune 500-company list. Nike is the number one sports shoe company in the United States. In the US Nike dominates 35 percent of the sports shoe market‚ it also holds one of the most recognizable logos in the world‚ the Nike Swoosh. The majority of Nikes customers‚ over 50% purchase their merchandise for things other than sporting
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N A Report on the Product/Services/Promotional Strategies Offered by Nike Nike is a worldwide manufacturer of apparel and accessories that is listed on the New York Stock Exchange under the symbol‚ NKE. Founded in 1964 by Phil Knight and Bill Bowerman as Blue Ribbon Sports only to later become Nike in 1978‚ Nike is currently headquartered in Beaverton‚ Oregon. With total revenues exceeding $19Bn‚ Nike is currently the world leader in sports apparel and accessories and has a strong presence in
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Bill Bowerman and Phil Knight founded Nike Inc. as Blue Ribbon Sports in 1962. The partners began their relationship at the University of Oregon where Bowerman was Knight’s track and field coach. While attending Stanford University‚ Knight wrote a paper about breaking the German dominance of the U.S. athletic shoe industry with low-priced Japanese shoes. In an attempt to realize his theory‚ Knight visited Japan and engineered an agreement with the Onitsuka Tiger company‚ a manufacturer of quality
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Final case study Marketing Mix of Nike Products • Nike’s focus is athletic footwear and sport apparels for practicing sport as well as for every day usage. • Low labor prices because the production facilities are located close to the raw material. • Brand also offers few new products include sport balls‚ timepieces‚ eyewear‚ skates‚ bats‚ and other equipment designed for sports activities. • The most famous product categories of Nike includes: Running‚ Basketball‚ Cross-training‚ Outdoor
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Nike vs. Reebok Questions 1. "The success of Nike was strictly fortuitous and had little to do with great decision making." Evaluate this statement. The important part of the success was due to the far-sight of Nike’s management team. Nike’s CEO‚ who was a marathoner and knew what runners wanted for their shoes‚ had made a very basic strategy work; "make the products that fit their consumers’ needs". Examples of great decision making are: Diversifying products (into sports wears and others)
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ANALISIS DEL MIX DE MARKETING I.PRODUCTO. Niveles de Producto La zapatilla Nike como producto esencial es vista por el consumidor bajo el prisma de comodidad al caminar‚ artículo fundamental para hacer deporte‚ producto que presta y asegura un rendimiento óptimo para ciertas disciplinas deportivas y un medio para adquirir cierto status representado por la moda‚ vanguardia y conductas propias de algún deportista de elite. Como producto real encontramos a una zapatilla con características adecuadas
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History of Nike and E-commerce Nike is a major publicly traded sportswear and equipment supplier based in the United States. Nike‚ originally known as “Blue Ribbon Sports” was founded by University of Oregon track and field coach Bill Bowerman and student athlete Philip Knight in January of 1964. Blue Ribbon Sports was operated out of Knight’s automobile trunk‚ as a distributor for Japanese shoe make Onitsuka Tiger. Three years later in 1967‚ Blue Ribbon Sports opened up its first retail store
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NIKE COMPANY BACKGROUND About Nike Inc. Nike‚ Inc. /ˈnaɪkiː/ is an American multinational corporation that is engaged in the design‚ development and worldwide marketing and selling of footwear‚ apparel‚ equipment‚ accessories and services. The company is headquartered near Beaverton‚ Oregon‚ in the Portland metropolitan area‚ and is one of only two Fortune 500 companies headquartered in Oregon. It is one of the world’s largest suppliers ofathletic shoes and apparel and a major manufacturer of sports
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Financial and Non-Financial Justifications Nike is the largest seller of athletic footwear and apparel in the world that selling products primarily through a combination of retail accounts.Nike itself owned a retail‚ including independent distributors‚ stores and e-commerce ‚franchisees and licensees worldwide. Build a profitable global portfolio of branded footwear‚ apparel‚ equipment and accessories businesses is a goal of the company while their strategy is to achieve long-term revenue growth
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tmocn6@mail.missouri.edu Finance 4620- Nike Valuation Nike was established in the early 1970’s‚ and ever since its creation‚ has never looked back. Nike was the Greek goddess of victory‚ and with the accomplishments the company has made they have done just that‚ become victorious. Nike is known around the world as one of the most well known athletic distributors. They can be found in every athletic store with their worldwide symbol‚ the Nike “swoosh.” Nike is described as being growth company‚
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