Nike is the number one sport shoes and apparel selling company in the world with around twelve billions in sales in 2000 (Nike History and Timeline). The aim of this paper will be to show the diverse marketing strategies that the firm uses around the world in order to maintain the leadership. However, I will first give a short historical background of the company and its creation. Second, I will explain Nike's general marketing strategies based on the description of their web page. Forth, I will continue specifying the strategies using advertising campaigns for different activities: basketball, soccer, and tennis. In the fifth point I will talk about the competition that Nike faces, and finally I will introduce some problems that the company is facing regarding their image.
History.
Phil Knight and Bill Bowerman officially created Nike in the late 1970's. However, under the name Blue Ribbon Sports, those two men begun to sell running shoes in the early 1960's. In fact, Nike's swoosh logo was created in 1971 by Caroline Davidson but the first shoe with this logo did not appear until the next year. The Swoosh represents "the wing of the Greek Goddess NIKE" (Nike History and Timeline). After limiting their activity to running shoes, the firm begun to diversify their products either by creating them on their own or by purchasing existing sports apparel manufacturing companies. The growing success of the company was not only due to their innovative products but also to manufacturing overseas, more precisely, Japan where they could produce high-tech running shoes at low costs.
Marketing Strategies.
Since its creation, Nike has followed very different marketing strategies with the only objective of being number one in the sports footwear and apparel industry. This diversity is due to the growth of the company. In fact, in the 1980's the company's activities where basically focused in the United States.
Nike Nike, Inc. is the worlds #1 athletic shoe and apparel seller. ... As a result, this is bringing Nike a lot more competition to surpass. ... Nike has 20,000 plus retail accounts throughout the U. ... (1) Nike's product line: Nike should take a close look at their product line. ... Therefore, Nike needs to look at downsizing its product line. ...
Nike Shoe Factory Controversy There has been a lot of controversy lately about the working conditions and low wages in overseas Nike shoe factories. ... Nike became the number 1 seller of shoes in Canada and the company reaches out and forms Nike International Ltd to service more than forty foreign countries. ... Nike receives a small dip in their gross revenue. ... In response to all these allegations, Nike did many things. ... In the statement issued by Nike, available on Nikebiz.com, it says, "No contract worker making Nike footwear product can be under the age of 18. ...
Nike, the number one sport-shoe producer, selling $9.2 billion worth of shoes per year claims that "there shall be no discrimination based on race, creed, gender, martial or maternity status, religious or political beliefs, age or sexual orientation." So why is an average wage for an Indonesian Nike factory worker $2.60 a day? Nike clothing retailers have enjoyed huge success since there debut opening in 19__. ... Over the past decade, tens of thousands of students, people of faith, activists, and consumers have demanded that retailers take responsibility to clean up sweatshops such as Nike...
Nike Project 3 Prabhu Sankar Nike Corporate Level Strategy Analysis Level & Related or Unrelated Nike's corporate level strategy includes a moderate level of diversification. ... Nike has never left its core competencies. ... With the use of Tiger Woods, Nike's sales increased as if it was Nike using Michael Jordan all over again. ... Nike has made one acquisition, however. ... If Nike chooses to use both ...
All of Nike's chief products are athletically inspired. ... Nike's shoes also address the market for outdoor activities. ... Nike is further addressing new niche markets every year. ... An excess of inventory in 1985 caused Nike to reduce prices this pushed Nike from the top spot in the market. ... Nike is very financially strong. ...
In the spring of 1972, the first shoe to include the Nike swoosh was introduced. ... The Waffle outsole transformed the running world and soon after, Nike Air evolved Nike's revolutionary impact on sports. ... In 2001, Nike introduced Nike Shox, unique columns of engineered foam, and a new revolution in cushioning began. ... The diversity in such size is helping Nike evolve its role as a global company. ... Nike is, and always has been committed to evolving and improving their products to remain leaders in their industry. ...
In contrast, 95 percent of that 120 dollars will essentially be turned over to the wealthiest American Nike corporate executives. ... Nike has been known to state that they do not know about the reprehensible conditions where their shoes and apparel are manufactured. ... Nike's sweatshops employ mostly young women and girls; in fact they are 90% of the work force. ... (Lormand, 2) Nike is doing little to help Chinese workers and their communities, to become self-sustaining, economically. ... Nike would feel the effect of lower sales, and begin to make the changes, that would uphold ...
One of these is the Nike Company's internal environment. ... It is these departments that impact Nike's marketing decisions. ... This increases the demand for the Nike products. ... Buyer behavior has affected the marketing activities of Nike. ... Nike's positioning strategy is by user. ...
