Executive Summary Overview Nike is the market leader in athletic shoes in the United States. The Oregon based company has always utilized offshore facilities in low-income countries to produce at minimal costs followed by importation into predominantly the US for sales. Nike is quick to divest from emerging markets as costs rise and has recently signed short term production contracts with a long term strategy of production in China. Unlike Nike’s previous global endeavors‚ the political and cultural
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org) Origins and History Nike‚ originally known as Blue Ribbon Sports (BRS)‚ was founded by University of Oregon track athlete Philip Knight and his coach Bill Bowerman in January 1964. The company initially operated as a distributor for Japanese shoe maker Onitsuka Tiger (now ASICS)‚ making most sales at track meets out of Knight’s automobile. According to Otis Davis‚ a student
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Promotional and Advertising Strategies Arita Gibbs Strayer University Assignment 3 Submitted in Partial Fulfillment of the Requirements for the Course BUS 508 Contemporary Business Dr. Jacob Ogunlade Fall 2014 Contents Arita Gibbs 3 Due Week 9/ Date: 03/06/14 3 References 12 Certificate of Authorship I have read and understand Strayer University’s Academic Integrity Policy. I promise to conduct myself with integrity in the submission of all academic work to the University and
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Bureau for the NAICS categories of “sporting and athletic goods manufacturing” and the “audio and video equipment” reported that the two industries boasted a colossal “$11.89 and 8.82 billion dollars” respectively in “sales‚ shipments‚ and receipts” due to the mature markets present (U.S. Census Bureau). Because of the popularity of both industries‚ fierce competition was evident as in 2002 there were “2‚233 establishments in the sporting and athletic goods manufacturing industry” and “571
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today’s leader in selling athletic shoes and apparel. Nike’s marketing strategy is an important component of the company’s success. Nike is located as a premium-brand‚ selling well-designed and costly products. Nike lures clients with a marketing strategy centring on their brand image: a distinctive logo (the Swoosh ) and the advertising slogan "Just Do It". Nike promotes its products by support agreements with celebrity athletes‚ professional teams and college athletic teams‚ original advertisements
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has propelled them to the forefront of the athletic shoe and apparel industry. The pursuit of success has its costs and risks and Nike is continually faced with challenges that exploit their vulnerabilities and areas of risk. This paper will focus on Nike’s key successes as well as potential risks. It will also provide some recommendations for Nike’s short term marketing future. From its early stages‚ Nike has been a trend setter within the athletic shoe and apparel industry. This can best be personified
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A PROJECT REPORT ON CONSUMER BEHAVIOUR REGARDING Various Branded Shoes SUBMITTED TO: PANJAB UNIVERSITY‚ CHANDIGARH in partial fulfillment of requirement for the degree of MASTER OF COMMERCE (M.COM) SUPERVISED BY:- SUBMITTED BY:- Mrs. Ranjit Kaur Jasdeep Kaur
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company with a combined investment of $500 each. They reached an agreement with a Japanese manufacturer of athletic shoes‚ forming BRS/Tiger shoes. Phil Knight started this company selling shoes from the trunk of his car. As the empire grew‚ the two man team developed the idea to cut overheard. In 1972‚ BRS and Onitsuka Tiger went different ways and thus Nike was born. "The first shoe was a soccer shoe that bore the Nike brand name‚ referring to the Greek Goddess of Victory‚ and the "Swoosh" trademark
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1.Executive Summary This marketing plan mainly describes Nike future development strategies and goals. This report will include the situation analysis‚ market-product focus‚ the detailed marketing programme and the financial data and projections. In the coming year‚ Nike is going to launch a new product called Nike+ FuelBand‚ which will be marketed in Hong Kong in 2014. The Fuelband allows the wearer to track their physical activity‚ steps taken daily‚ and amount of calories burned. The
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Nike marketing plan Nike is the most renowned supplier of athletic shoes and apparels. The brand can be found everywhere‚ examples of its major target areas are: USA‚ Europe‚ Asia Pacific and the Americas. The business has obtained a huge position in the market of these places thanks to the innovative and attractive design‚ quality production of the product and wise marketing strategies. Regarding the latter‚ we can focus on the 4 Ps of the marketing mix: 1. Product: Thanks
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