Wednesday, May 6, 2020
Nike Marketing Report - 2495 Words
An Analysis and Evaluation of the Digital Marketing Strategies adopted by Nike Incorporated Table of Contents Executive Summary Introduction To Nike Main report ââ¬â Use of Digital Branding Marketing Mix Examples of Nikes Digital Based Marketing Mobile Markets Pay-per Click and Search Engine Optimization Conclusion References Executive Summary The purpose of this report is to use concepts, models and theories to critically assess and evaluate Nikeââ¬â¢s digital marketing activities. Within the report models such as the Marketing Mix and Assofs Matrixâ⬠¦show more contentâ⬠¦(Nike: History and Heritage , 2012). Financially Nike has seen a massive growth from its humble beginnings of selling products from the trunk of a car to having revenue of $24.148 billion and a income of $ 3.040 billion in 2012 (United States Securities and Exchange Commission, 2011) Nike has been extremely effective at expanding beyond its domestic market of the United States to become a global brand that boasts 44,000 employees worldwide. When it comes to the products produced by Nike it is clear that they have diversified slowly over the years to produce an extremely broad range of sporting goods. Their range of products includes shoes, team kits, clothing and base layers to name a few. As a company they also produce goods for an array of sports including, ice hockey, track and field, tennis, football, lacrosse, baseball, basketball, and cricket. Like any other sporting goods companies they face many competitors within the market. These include Adidas, Reebok, Fila, Puma, New Balance, Asics, and Skechers though Nike is the largest company within the group. Adidas is its closest competitor with a 16 % market share compared to 31% help by Nike. Below: Google Trends Websearch (2012) - http://www.google.com/trends/explore#q=nikegprop=frooglecmpt=q As seen in the diagram above from Google trends the web searches for Nike have seen a gradual increase from 2004. TheShow MoreRelatedNike : Case Report : Strategic Marketing3151 Words à |à 13 PagesAUSTRALIAN INSTITUTE OF BUSINESS Nike ââ¬â Case Report Strategic Marketing Assessment Maximillian Matthews 9/12/2014 The aim of this report is to utilize the ââ¬Å"Nike - The art of selling airâ⬠case study, and other lessons from the strategic marketing theorem to identify marketing challenges; and how those challenges could be best addressed using the previously described marketing principles ââ¬Æ' Executive Summary Companies today face many challenges to maintain market share and differentiateRead MoreNike Markeing1333 Words à |à 6 PagesModule 1: Marketing Assignment [pic] Date for Submission: 15th September 2010 To achieve a pass in this unit the learner must: LO1: Investigate the concept and process of marketing LO2: Explore the concepts of segmentation, targeting and positioning LO3: Identify and analyse the individual elements of the extended marketing mix LO4: Apply the extended marketing mix to different marketing segments and contexts Context The purpose of this report is to applyRead MoreNike Business Analysis Essay1378 Words à |à 6 PagesIV. Marketing strategy As a leading athletic brand in the world, much of Nikeââ¬â¢s success can be attributed to its shrewd marketing strategy. As reported in its 2009-2010 Annual report, because NIKE is a consumer products company, ââ¬Å"the relative popularity of various sports and fitness activities and changing design trends affect the demand for our productsâ⬠. Therefore, Nike must ââ¬Å"respond to trends and shifts in consumer preferences by adjusting the mix of existing product offerings, developing newRead MoreA Research Report On Nike1612 Words à |à 7 Pagesleading brand Nike. Firms undertake a situational analysis and planning process to identify and justify appropriate marketing opportunities for growth. This report provides an introduction to Nike with a background to the Company, its history and its product. This report also provides background data on the market, the product in more depth, its competition, the industry and the macro environment. A summary of the key findings from this situational analysis and a TOWS analysis. The report also suggestRead MoreUnder Armour Products Are A Inferior Alternative For Traditional Athletic Products1244 Words à |à 5 Pages(ââ¬Å"Under Armour Annual Report 2015,â⬠2015). The apparel is specially engineered to ââ¬Å"enhance comfort and mobility, regulate body temperature and improve performance regardless of weather conditions.â⬠(ââ¬Å"Under Armour Annual Report 2015,â⬠2015). Fabrics used in Under Armour apparel, footwear, and accessories is ââ¬Å"primarily synthetic fabrics and involve raw materials including petroleum based products that may be subject to price fluctuations and shortages (ââ¬Å"Under Armour Annual Report 2015,â⬠2015). For someRead MoreIdentifying the Business Requirements: New Balance Shoes1167 Words à |à 5 PagesIdentifying the Business Requirements New Balance had a problem. Nike owned the lionââ¬â¢s share of the athletic shoe market and no one could touch them. New Balance was also behind Adidas and Reebok, but something happened in the last two years that changed everything. Nike also had a problem. They had gotten so big that customer relations became a low priority. Nike controlled the market and dictated supply and demand to even their biggest customers. Consumer input was ignored and requestsRead MoreNike vs Adidas1127 Words à |à 5 PagesENTREPRENEURSHIP PROJECT CASE STUDY INTRODUCTION CONTENTS 1. | ACKNOWLGEMENT | 2. | AIM | 3. | INTODUCTION OF THE COMPANIES | 4. | COMPARISION OF MARKETING STRATEGY | 5. | DATA ANALYSIS | 6. | DATA REPORT | 7. | CONCLUSION | ACKNOWLEDGEMENT I would like to thank my teacher Mrs. Grace for her extensive support in the completion of this entrepreneurship project and also providing me with help full tips. This projectRead MoreEssay on Nike Case Study743 Words à |à 3 Pages1. A decision to retain an in-house arm of agency Weiden amp; Kennedy by Nike exemplify the concept of organizational design by allowing Nike use the agencyââ¬â¢s creative designers to focus solely on Nike work, giving them un-parallel access to executives, researchers and anyone else who might provide Nike advertisers with their next inspiration for marketing greatness before listening to any other organization. Having the agency in the building is having them at their disposal at anytime they needRead MoreNike And Challenges Of Nike Inc. Essay1349 Words à |à 6 PagesExecutive Summary Nike was founded in 1972 by Philip Knight and Bill Bowerman. The focus of this report would be an analysis of how Nikeââ¬â¢s manages and delivers its service to its customers. It also looks into Nikeââ¬â¢s emphasis on its product quality and innovative design to meet the ever changing consumer preferences. By looking at its current strategies that Nike adopt and its appropriateness, this report will provide you a better understanding on how consumer see Nike and challenges that Nike Inc. facesRead MoreHistory Of Nike Inc. Company854 Words à |à 4 PagesHistory Nike Inc. was founded by track athlete Phil Knight and his coach Bill Bowerman in January 1964. The company use to be called Blue Ribbon Sports. In 1971 they changed the name to Nike after their partnership with a Japanese company ended. Now Nike Inc. controls more than half of athletic shoe market in the United States. In addition, they sell their products in more than 180 countries around the world. Nike stays organized by using three separate teams that work with suppliers. Their main
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.