Case Study On NIKE Course: Marketing Management (MKT201) Prepared For Mahmud Zubayer Assistant Professor Department of Business Administration East West University [pic] East West University Ques No 1: What have been the key success factors for Nike? Ans: The key success factors for Nike have been as follows: ➢ High quality running shoes designed specially for athletes by athletes. ➢ Commitment
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Marketing Cross-functional Relationship during NPD and collaborative capability for marketing managers Abstract In the era of hi-tech and rapid information development‚ the success of the enterprises mainly depends on the continuous NPD. It is discovered by a lot of research that the collaboration between the marketing and other departments is critical to the success of new products. The marketing can have better promotion performance through effective collaboration with R&D and other departments
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can integrate forward. Close relationship with suppliers | | THE INDUSTRYHIGH DEGREE OF RIVALRY Small number of local competitors. Marketing strategy must be good to face high competition‚. Eg. Promotion Low product differentiation - Only design and colour are provided as basis for differentiation. They are mainly relying on branding and marketing efforts to differentiate products within the market. Exit barriers from industry are moderate due to restrained fixed costs‚ capital investment
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There are many keys principles of relationship marketing. Firstly‚ company need to identify their potential customers before setting up a business. The company needs to find out what types of customer that their business target for. The business will only grow bigger if they understand the customers’ needs and wants. Besides‚ the company may use some promotional strategies in order to meet their appropriate customer and even prospects. For example‚ Toy ‘r’ us is a company that selling various kind
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Proactive Tactics Police officers use many different methods in their duties to protect and serve citizens. Among these methods are the traditional and alternative methods. However‚ these are not the only methods that officers use. Officials use proactive tactics to further their means. The first tactic is called decoy operations. Decoy operations entail police officers to blend in with civilians and catch criminals in the middle of committing a crime and reducing local crimes. People
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What is marketing: Managing profitable customer relationships. The aim of marketing is to create value for customers and capture the value from customers in return. Five steps of marketing process: 1- Understanding customer needs 2- Designing customer driven marketing strategies 3- Integrated marketing programs 4- Building customer relationship 5- Capture value fir the firm Zappos:a passion for creating customers value and relationships: Example for customer focused and heavily committed to marketing
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(1)What is marketing? According to Philip Kotler‚ “Marketing is human activity directed at satisfying needs and wants through exchange process”. There are many definitions of marketing but one of the simplest explanations is that: “Marketing is getting the right product or service in the right quantity‚ to the right place‚ at the right time and making profit in the process”. Marketing deals with identifying and understanding your customer and giving them what they want. It’s not just about advertising
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NIST is trying to change the firefighting tactics and strategy in order to make the job safer for firefighters‚ and also to decrease victim’s mortality rate. The idea is by cooling the house on fire by throwing water on it‚ either from inside or outside‚ by doing so‚ it’ll also decrease the toxic gases inside the house. When a building in on fire‚ two things will help put the fire out‚ adding water to the fire and by having a proper ventilation. It is undeniable that has been changes in the residential
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Strategies/Tactics -Setting goals‚ building skills‚ and motivating athletes are all important in the role of a coach but what is also important is the role they play during the actual competition with their athletes -Plans formed in advance and executed are strategies where Tactics are competitive plans that are made in the moment e.g. shadowing behind the leader in a race and therefore reducing wind resistance only to take the lead in the last hundred meters Coaches can offer a number of resources
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Terrorists are taught many different tactics to go about committing a terrorist attack successfully. A majority of people who become terrorists come from a lower class family. These terrorists learn a lot of different terrorism tactics at these camps that still exist‚ in places such as caves today. These people improve their family’s financial problems by going through with the attack‚ most likely a suicide attack. They recruit a certain type of person to be a terrorist as well. There are also
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