Participation Report (2007) participation in sport is biased towards males under the age of 45 who are categorised in the ABC1 socio-economic grade. Therefore the ideal target market Nike should aim this product at is the young sports enthusiasts between the ages of 15-35. In order to reach their target market‚ Nike will segment the country geodemographically targeting the cities with the highest level of sports participation and ABC1 individuals. The target audience to be used in this DSM strategy
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Analysis of the financial data for Under Armour Inc. & Nike Inc. 1. Liquidity | Comparison between Nike & Under Armour | | 2010 | 2009 | Current Ratio | •Both companies have a ratio that is higher than the dangerous 1.0 current ratio.•The current Ratio of Under Armour is a bit higher than Nike`s which means that Under Armour is more efficient in terms of the operating cycle or in other words the ability to turn its products into cash. | •Both companies have a ratio that is higher
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Nike Case: An Investment Paper Time Context Nike generated $ 2.45 billion in operating income on revenues of $ 19 billion in the fiscal year ended in May 2009. However‚ its stock price has stagnated or became inactive for the last two years and its future sales and earnings are likely to be adversely affected by increased competition from both established firms (like Reebok and Adidas) and upstarts (such as Underarmour). This business problem made Nike to consider an expansion into the fashion
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Nike‚ Inc. has traditionally been a brand suited for competitive athletes‚ with its origins rooted in selling athletic shoes‚ but eventually expanded to sell clothing and gear to athletes and non-athletes alike. Nike has adapted its advertisement campaigns to reach its eclectic audience by sponsoring globally renowned athletes such as Lance Armstrong. Despite the fact that cyclists are in the minority in society‚ the campaigns involving Lance Armstrong have been particularly persuasive‚ proving that
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saycocorporativo.com/saycoUK/BIJ/journal/Vol1No1/article_7.pdf Ozeni‚ Ezekiel Profile: Nike Inc. retrieved September 26th‚ 2012 from http://in.reuters.com/finance/stocks/companyProfile?symbol=NKE.N NIKE‚ Inc FY 10-11 Sustainable Business Performance Summary. 2012. Retrieved September 26th‚ 2012 from http://nikeinc.com/news/nike-inc-introduces-new-targets-elevating-sustainable-innovation-within-business-strategy#/inline/10492 Nike‚ Inc
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Strenghts |Weaknesses | | | | | |A well-recognised brand all over the world‚ the firm is considered |Bad reputation since 1997 because of picture showing child word in | |as a one of the major manufacturer of athletic shoes‚ sports |Pakistan. | |equipment
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Kasean Wiley 10/6/2014 Prof. Ring Nike Presentation Thesis : Nike brand is a well known house hold name because the companies founders were able to “on” a logo paired with celebrity sponsorship and representation. Intro: In 1972‚ the “swoosh” logo was designed for $35 and in 2012‚ Nikes net worth is $13.1 billion‚ according to the richest.org and the most valued sports brand in the world today with $15 billion‚ according to Forbes
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| Nike: Building a Global Brand | MKTG 4082W | | 1. Nike’s brand image‚ a set of emotions‚ feelings‚ and experiences with the brand‚ developed over time through advertising campaigns and consumer experiences with Nike. The core attributes of Nike’s brand image include high performance‚ innovation‚ and aggressiveness. Nike positioned itself as a company that makes products for athletes‚ by athletes. They tailor their products for serious/winning athletes and also stress their point-of-difference
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Leaders of the Sports World Andrea M. Delvalle Etido Akpan Bus. 508 Strayer University Nike is the leader in sportswear and sporting equipment. It is a public company /major retail that was founded on January 25‚ 1964 as Blue Ribbon Sports. The company was headquartered in Oregon. It was founded by Bill Bowerman and Philip Knight. Philip Knight was a track athlete at the University of Oregon and his track coach‚ Bill Bowerman‚ helped him launch his idea. The company’s mission was to bring
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CASE REPORT NIKE & ITS PROBLEMATIC SITUATION Rise of Nike Nike was founded over 30 years ago by Bill Bowerman‚ a former college track coach‚ and Phil Knight‚ an entrepreneur. At the beginning the two men were selling shoes out of the back of their cars at track meets. In 1987‚ Nike reached a turning point‚ and it increased its marketing budget from $8 million to $48 million. Most of this advertising budget was to pay celebrities‚ such as Michael Jordan‚ to endorse Nike Products. The shoes
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