Marketing Nike BUS 330 Principles of Marketing Robert Murray January 13‚ 2013 Marketing Nike 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
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development‚ manufacturing and worldwide marketing and sales of footwear‚ apparel‚ equipment‚ accessories and services. The company is headquartered near Beaverton‚ Oregon‚ in the Portland metropolitan area. It is one of the world’s largest suppliers of athletic shoes and apparel[4] and a major manufacturer of sports equipment‚ with revenue in excess of US$24.1 billion in its fiscal year 2012 (ending May 31‚ 2012). As of 2012‚ it employed more than 44‚000 people worldwide. In 2014 the brand alone was valued
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Adidas bought Reebok in August 2005. Nike owns 36% of the US market while the new Adidas-Reebok owns 22%‚ which equates to a combination of 60% for the two top players. The US Market‚ with $14.75 billion last year‚ accounts for half the sales of athletic footwear in the world and drives most of the product trends. Other notable companies are New Balance‚ Puma‚ and K-Swiss. Japanese Mizuno and Asics have never really succeeded entering the US market. Entry: Moderate Threat Market leaders Nike
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Table of Contents Background 3 Indian Footwear Retail Industry 3 BATA-GLOBAL 4 BATA-INDIA 4 Bata’s Wholesale Division 6 Bata Institutional Sales Division 6 Milestones (post 1985) 6 Turnaround Story 8 STP 9 Value Proposition for the Customers 9 4Ps 10 Porters Value Chain 11 COMPETITOR ANALYSIS 13 MARKET SHARE OVER YEARS 14 Ansoff Model 16 SWOT 17 Final inferences and recommendations 17 References 17 Background Mr. Marcelo Villagran is Chief Executive Officer‚ Managing Director
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With the general United States adult population becoming more and more active‚ the sports and fitness industry is strong‚ steady‚ and evolving‚ with “United States wholesale sales of sporting goods equipment‚ sports apparel‚ licensed merchandise‚ athletic footwear‚ and fitness equipment [totaling] $77.3 billion [in 2011]‚ a 4.2% increase over 2010‚ when sales were $74.2 billion.” These statistics from the
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time‚ remaining sustainability. Nike‚ the world’s No.1 shoemaker‚ does more dominating than assisting‚ to capture a hefty share of the US athletic shoe market. It designs and sells shoes for a variety of sports‚ including baseball‚ cheerleading‚ golf‚ volleyball‚ hiking‚ tennis‚ and football. Nike also sells Cole Haan dress and casual shoes‚ as well as athletic apparel and equipment (www.yahoo.com). In
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Q: "Brands vary on the amount of power and value they have in the marketplace. A powerful brand has high Brand Equity" Intro "Brand equity is the marketing and financial value associated with a brand ’s strength in the market" (Dibb and Simkin pg 73) Some of the factors that contribute to the creation of high brand equity are brand association‚ awareness‚ attractiveness to buyers and brand loyalty. For a company to see major success it must establish and sustain high brand equity. The
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research company in this assignment as Nike is one of the most heavily advertised and best known brands in the world. There are about 190 countries worldwide which are selling Nike products now a day. In the other hand‚ they are also the leader maker of athletic shoes‚ equipment and apparel. Thus‚ we are interested in finding out whom and what are the customers behaviors of Nike’s target market segments. In the other hand‚ we are also keen to know about the advertising strategies‚ symbols and message used
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Political Factors Political factors has to do with politics of the day prevailing in country. It is generally assumed that if political temperatures are down; businesses tend to flourish and the vice versa is also correct. In this particular case‚ it can be said that it is neutral and thus not expected to cause much rubble in the new companies operations. However‚ future political challenges cannot be ruled out. Nike being number one sportswear in the USA‚ its profits‚ turnovers‚ marketing sponsor
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Today’s age of athletics relies on the use of various technologies to enhance performance. As unpaid individuals‚ high school and college students have to depend on cheaper equipment and less replacements; ShoeMod presents a solution to this issue by introducing economic‚ replaceable outsoles which allow for effective‚ prolonged usage of a single pair of shoes. This ShoeMod advertisement‚ through the employment of pathos and logos‚ accomplishes the company’s goal of producing demand for the product
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