Preview

Nike Report

Powerful Essays
Open Document
Open Document
13330 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Nike Report
Executive Summary
Introduction
This report will discuss in detail, the athletic footwear industry, and all aspects of its operations. It will focus on Nike, the industry’s leader, and a selected few of its competitors; Adidas-Salomon and Reebok, Sketchers, and K-Swiss. A brief overview of Nike and its competitor’s company profiles, brand portfolios, and current developments will provide an understanding that leads to an analysis of the external environment. This analysis further discusses the geographic distribution, general environment, industry environment using Porter’s Analysis, Nike’s competitor analysis, its dominant economic characteristics, driving forces, and key success factors. This report will then discuss the internal environment of Nike’s major competitor, Adidas-Salomon and Reebok, and its strengths and weaknesses. These factors will be helpful in creating recommendations and strategies for Nike’s future development. Very pedantic. Make it sound alive! Entice the reader to want to go beyond the Introduction.
Industry
This report will discuss in detail, the athletic footwear industry, and all aspects of its operations. It will focus on Nike, the industry’s leader, and a selected few of its competitors; Adidas-Salomon and Reebok, Sketchers, and K-Swiss. A brief overview of Nike and its competitor’s company profiles, brand portfolios, and current developments will provide an understanding that leads to an analysis of the external environment. This analysis further discusses the geographic distribution, general environment, industry environment using Porter’s Analysis, Nike’s competitor analysis, its dominant economic characteristics, driving forces, and key success factors. This report will then discuss the internal environment of Nike’s major competitor, Adidas-Salomon and Reebok, and its strengths and weaknesses. These factors will be helpful in creating recommendations and strategies for Nike’s future development. This



References: Datamonitor (2006a). Footwear in the United States (Reference Code: 0072-0619) Retrieved 12/2/07. Datamonitor (2006b). Footwear in Europe (Reference Code: 0201-0619) Retrieved 12/2/07. Datamonitor (2006c). Footwear in Asia-Pacific (Reference Code: 0200-0619) Retrieved 12/2/07. Datamonitor (2007d). Nike, Inc. Company Profile Publication Date: 17 Dec 2007 Griffin, C Fortune (2008). Retrieved 1/26/08 http://money.cnn.com/galleries/2008/fortune/0801/gallery.BestCo_work_play.fortune/index.html Hoovers (2008a) Longley, R. (2007). http://usgovinfo.about.com/cs/censusstatistic/a/aabirthrate.html Retrieved 12/2/07. McDonald, M., Milne, G. & Rohm, A. (2006). Sport Marketing Quarterly; 2006, Vol. 15 Nike Inc Nike Inc. (2007b). 10-K Nike Inc Nike Inc. (2006). Corporate Responsibility Report Retrieved January 27, 2008 http://www.Nikeresponsibility.com/pdfs/bw/Nike_FY05_06_CR_Report_BW.pdf Rovell, D (2006) No more dangerous liaisons. (2005, August 29).Business China. Retrieved January 5, 2008, Business Source Premiere database. Spenser, J. (1996). Assembly Automation, volume 16, issue 3 pg. 10-15 Strott, E (2007) Thuermer, K. (2007, March 1). Distribution Center site selection: Where, why, and how many? Logistics Management, 3/1/2007. Wallberg, R (2006a). Nike Gets its Swoosh Back http://articles.moneycentral.msn.com/Investing/StreetPatrol/NikesGotItsSwooshBack.aspx?GT1=8579 Retrieved 12/12/07. Wallberg, R (2006b). Nike Finally Faces Real Foe http://moneycentral.msn.com/content/P125034.asp?Printer Retrieved 12/12/07. Winslow, D. (2001). Just Doing It. MBDC. Retrieved 1/26/08 http://www.mbdc.com/features/feature_dec2001.htm Woolsey, M (2007) www.plunkettresearchonline.com Athletic Footwear Draws Big Names from Athletes to Designers. Retrieved February 3, 2008 (www.hsu.org) Nike No Hero for Boys

You May Also Find These Documents Helpful

  • Good Essays

    Nike Swot Analysis Essay

    • 482 Words
    • 2 Pages

    There are several significant athletic and leisure footwear companies and sports equipment firms that produce similar products. Some of the primary ones are Puma and Adidas are some of the big competitors with Nike. Other large companies have diversified their product lines to include athletic and leisure apparel including Under Armour and lululemon. This type of quick change in technology and customer preferences can result in a risk for Nike. Demand for Nike’s products relies on what the norm in many sports and fitness related activites are, as well as the ever-changing trends, these generally control the financial results of Nike. If competitors have more success attracting customers with more appealing footwear or apparel, this would also hurt business…

    • 482 Words
    • 2 Pages
    Good Essays
  • 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
  • Good Essays

    When it comes to athletic apparel, the first company people think of is either Nike or Adidas. Why? Both Nike and Adidas have done an impressive job in marketing their products, with popular spokesperson like Kobe Bryant or Derrick Rose. Nike’s success is attributed to its products contributing to the success of the athletes who purchase them. Nike and Adidas seemed as though they had control on the athletic apparel oligopoly, but recently, Under Armour has become a serious competitor to the two companies. The road to becoming a legitimate competitor has been tough, specifically because of the competitive nature existing between firms in the same market. The market structure, determinants of supply and demand, and future outlook of the company can help us see the state and performance of Under Armour.…

    • 1030 Words
    • 5 Pages
    Good 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

    Driven Athletic Footwear Company’s main objective was to create the competitive advantage in all regions by gaining the market share while increasing shareholder’s wealth. First, we aspired to create a brand the consumers would want and retailers would want to carry; therefore throughout the years we made attempts to increase the S/Q rating of our products, increase production in low cost regions, offering an array of models and styles, and maintaining our pricing structure,…

    • 1148 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Nike specializes in a wide range of products. They are leaders in the production of athletic footwear as well as leisure and casual footwear. Nike also produces sport apparel, accessories and sport performance equipment for not only the SEC teams and the general public here in the US, but globally as well.…

    • 867 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The Travails of Nike

    • 1404 Words
    • 5 Pages

    Nike’s key competitors Reebok and Adidas merged in 2005 giving the newly enlarged company about 30% share of the athletic footwear market, compared to Nike’s 37%. Seeing Nike’s biggest competitors’ products are not entirely different from theirs, the company should perform a competitor analysis on both companies to compare their comparative…

    • 1404 Words
    • 5 Pages
    Good Essays
  • Best Essays

    The team chose three significant websites: MSN Money, NIKE and Yahoo Finance for our research but included other sites to augment the data in this report. We obtained financial statements from NIKE to analyze the company’s quarterly trends using the last four quarters of information and compared them to Adidas, the second largest company in the world after NIKE for manufacturing sporting goods.…

    • 4477 Words
    • 18 Pages
    Best Essays
  • Satisfactory Essays

    From the statistics gathered from the research group and the surveys, we have concluded that Nike is the best brand and the Reebok is considered to be the worse brand. For the consumers, it was not the feel or the style of the shoe that was the reasoning for the dislike in the product, it was the lack of promotions and the lack of competition it gave the marketing giant known as Nike. Many felt that they never knew when new Reebok products were being released and they were not excited about the Reebok brand compared to the Nike brand. The leading cause of Reebok’s recent tumbles stemmed from problems relating to poor marketing. Reebok’s shortcoming in the area of marketing is their key weakness. While other athletic shoe companies bombard the airwaves with commercials pushing their product lines, Reebok remains out of sight and out of mind. While Reebok’s competitors are known by familiar slogans like Nike's "Just Do It," Reebok’s, "Are You Feeling It," does not equate to their brand name in the eyes of most consumers.…

    • 337 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Reebok Marketing Plan

    • 11299 Words
    • 46 Pages

    Just-Style. (2009, October 23). Asics opens New York retail store. Retrieved September 23, 2011, from MRketplace: http://www.mrketplace.com/7862/asics-opens-new-york-retail-store/…

    • 11299 Words
    • 46 Pages
    Powerful Essays
  • Good Essays

    Swot - so Analysis Nike

    • 1366 Words
    • 6 Pages

    Strengths - Nike is one of the main shoemaker in the world. It designs and sells shoes for a big variety of sports including basketball, baseball, golf, soccer, volleyball, tennis, football and running. - Nike is strong at research and development, as is evidenced by its evolving and innovative product range. Its products go through a rigorous quality control before they go to market. Despite the cost to keep a high-level research and quality control departments, Nike always try to offer its goods to customers at the lowest possible price. - Nike does not have its own factories. Its production is outsourced by factories located in cheap labor countries; therefore, there are no costs with buildings, equipment maintenance or manufacturing workers. If prices rise, and products can be made more cheaply elsewhere, Nike will move its production. These actions keep the company operating its production in a low cost way. - The company by itself operates the Nike Town Shoe, Nike factory outlets and sports goods stores. Nike sells its products throughout all North America and its goods can be found in more than 180 countries. | Weaknesses - Labor violations, bad repercussion with sweat factory issues and unethical business practice can be faced as one of the major problems related with the brand deterioration. All of Nike's production occurs outside the USA, where costs of production are reduced to the maximum. This kind of stance it is becoming badly perceived while the number of human rights and environmental groups is rising around the world. - In spite of the company has a diversified range of sports products. Its income is still heavily related to its share of the footwear market. If Nike footwear faces a market downturn, the company might collapse. - In the 1990s, Nike was reported by a human right group to apply child labor in Pakistan and Cambodia to produce soccer balls and…

    • 1366 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Adidas Case Analysis

    • 777 Words
    • 4 Pages

    Adidas’ internal environment was strong and helped keep the company competitive and profitable. The Reebok and adidas brand together held 8.52 percent of the market share for leading sellers of athletic footwear in 2008. Even though the company’s’ market share had dropped over the previous years, the net sales had been rising since 1998. A SWOT analysis was taken of adidas and it shows that adidas has a strong internal environment that can grow stronger over time if they capitalize on the opportunities offered and manage the threats.…

    • 777 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Nike Marketing Plan

    • 7636 Words
    • 31 Pages

    Nike is a worldwide powerhouse in the athletic shoe and apparel industry. Nike's short, but yet effective mission statement is characteristic of such success. Nike paints a picture of their company for the world to see their, "inspiration and innovation", as well as their "commitment to serve everyone in the world". Through a continuous effort by Nike to remain at the apex of technology and innovation, they are the market leader by a significant margin. As a result of Nike's pursuit of selling a broad spectrum of products, they possess a formidable competitive advantage.…

    • 7636 Words
    • 31 Pages
    Good Essays
  • Powerful Essays

    Adidas Report

    • 1402 Words
    • 4 Pages

    Adidas, a Company which targets the sport market and customers of the Urban upper-middle and upper class who have young men ,women and children who have passion for fitness and sports. Adidas is worth over 8.3 Billion dollars. Herbert Hainer, the CEO of Adidas makes a large chunk of that money, along with the many endorsement deals with famous celebrities. Many other people that profit from Adidas are the stockholders and the owners of the Adidas stores.…

    • 1402 Words
    • 4 Pages
    Powerful Essays
  • Satisfactory Essays

    nike vs addidas

    • 584 Words
    • 2 Pages

    What I will be comparing and contrasting is both Nike and Adidas sportswear companies. Whose products throughout many parts of the world are very popular and have been the top two leading sport companies in the sport industry. The purpose of this essay is to compare and contrast Nike and Adidas companies in terms of headquarters, market focus, sponsorships, marketing and advertising, price and product. Nike and Adidas are the most popular sporting attires out in the clothing and equipment market. Nike and Adidas offer people and athletes a broad selection of great apparel and athletic equipment. These two companies sell and offer a wide range of products for the customers and the products that is offered is mainly on sportswear for men and women. These companies also provide the customers varieties of footwear such as sports shoes, casual shoes, boots, sandals and stockings. While they are selling similar products, Nike products are more expensive than Adidas because all Nike brand has high and advance technology such as fly wire and hyper fuse sneakers which make them extra light and quick. Nike and Adidas have also been the top sponsors in the sport industry. Nike promotes its products by sponsorship agreements with celebrity athletes, professional teams and college athletic teams. With Adidas and Nike being in the same market they have similar external contingencies, yet different views on their internal contingencies. As far as their external contingencies, both companies have to focus on competition, technology and the economy. With competition, both companies are competing against one another, and other companies in the sports apparel market such as Under Armor, Saucony and New Balance. As far as technology goes, consumers are able to get online and purchase products instead of going to the stores. Lastly, with the economy heading south, consumers have less disposable income to spend on these products because they have more important things they need to buy.…

    • 584 Words
    • 2 Pages
    Satisfactory Essays

Related Topics