50219 BBS 3FA CASE SUMMARY & HIGHLIGHTS Formation of Nike In 1958‚ Phil Knight came realised the need of a good American running shoe and started working on his idea. In 1964‚ he along with Bowerman formed an athletic shoe company and called it Blue Ribbon Shoe (BRS) company. In 1971‚ they developed a distinctive trademark and a new brand name and this is how Nike came into existence. Exceptional economic performance Nike grew at an amazingly fast pace with profits growing from $10 million
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Nike Air Nike Air was the first technology Nike put into their shoes. It was a different way to have cushioning in a shoe. It has been put into a lot of the Nike shoes since. It was said it would make you jump higher and run faster. Its been over 20 years since its creation and its still going strong. (Sneakerhead) Nike Max Air/ Air Max Nike Air Max or Max Air provedes maximum cushion. The air pocket in the heel was now used for the mid and front of the foot. The air max 360s have air
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Executive Summary Nike introduced Nike plus with a narrow target market in mind. They targeted people who where not serious runners‚ but are health conscious and like to exercise recreationally. With this in mind Nike advertised on certain channels that appeal to an audience in their mid 20’s. They also got media attention from the popular Discovery channel show Daily Planet. Their advertisements can be found in Mens Health Magazine which hits their target market right on. They designed it
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About | Contact | Jobs | [pic] • Search • Lesson Store • Buy Video • Powerpoint • Home [pic][pic] [pic][pic]Services Marketing and the Extended Marketing Mix (7P’s) What is services marketing? A service is the action of doing something for someone or something. It is largely intangible (i.e. not material). A product is tangible (i.e. material) since you can touch it and own it. A service tends to be an experience that is consumed at the point where it is purchased
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P & O Cruises is one of Australia’s and New Zealand’s leading cruise lines that offer cruise holiday packages to exotic locations. P&O Cruises covers the five core marketing concepts‚ including: human needs‚ wants and demands; market offerings; value and satisfaction with the product or service; exchanges‚ transactions and relationships; and the target market. The marketer must try to understand the target market’s needs‚ wants and demands. The human needs are basic requirements which include food
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References: Apple Inc. (2014). Retrieved from http://en.wikipedia.org/wiki/Apple_Inc Apple Inc http://smallbusiness.chron.com/potential-ethical-issues-could-arise-service-marketing-delivery-35259.html Paczkowski; J (2012) Breaking down Apples distribution Strategy chron.com: http://smallbusiness.chron.com/different-types-pricing-strategy-4688.html Terrell‚ E (2014) Apple computer‚ Inc
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levels as they complete their work at Nike and represent the Nike corporation globally. •"It is our nature to innovate. •Nike is a company. •Nike is a brand. •Simplify and go. •The consumer decides. •Be a sponge. •Evolve immediately. •Do the right thing. •Master the fundamentals. •We are on the offense – always. •Remember the man. (The late Bill Bowerman‚ Nike co-founder)" Manager Manifesto -It is a set of Core Principles that describe how Nike managers lead with excellence
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Nike + iPod [pic] Integrated Marketing Communications Plan Introduction Nike is a seller of athletic footwear and apparel with retail stores and distributors in over 160 countries around the world. Nike creates goods for a wide range of sports‚ and so they have competition from every sports brand there is‚ like Reebok and Adidas. With revenue of $15 billion in 2006 and the largest market share in the footwear industry‚ Nike‚ Inc. (Nike) is the leading company in the sports and fitness
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Consumer behavior is the how‚ what‚ when‚ and why people buy‚ a blending of psychology‚ sociology and economics. Attempting to understand a buyer ’s decision-making process both individually or in groups can at times be impossible. Understanding peoples wants and needs to transform those into marketing a product the consumer wants and needs is what product‚ price‚ promotion and place are all about. Defining Consumer Behavior Consumer behavior is defined by Hawkins et al. (2004): "As the study of
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NIKE INC. 1. HISTORY 1960s Bill Bowerman and Phil Knight founded Nike Inc. as Blue Ribbon Sports with a handshake and only $1‚000 in capital in 1964. The partners first began their relationship at the University of Oregon where Bowerman was Knight’s track and field coach. While attending Stanford University‚ Knight wrote a paper about breaking Germany’s domination of the U.S. domestic athletic shoe industry by distributing low-cost‚ high-quality Japanese athletic shoes to American consumers.
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