Preview

Agriculture Co Operatives in Bangladesh

Satisfactory Essays
Open Document
Open Document
498 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Agriculture Co Operatives in Bangladesh
NIKE is the largest seller of athletic footwear athletic apparel and other athletic gear in the world, with about 30 percent market share worldwide. NIKE markets its product under its own brand, as well as NIKE golf, Nike pro, Air Jordan, Team starter, and subsidiaries, including Bauer, cole haan, Hurley international and converse. The company sells its products through a mix of independent distributors, licencees, and subsidiaries in approximately 120 countries worldwide. Nike has grown from an 8000 dollar company in 1963 to a company with revenues of 19.65 billion dollar for the year ended May 31,2008.
Nike has spent huge amount of money in advertising, Endorsement, and sales promotion. And to make sure to themselves that the money has been spent in a right way, Nike has relies on marketing research. Though the world of sports is dynamic in nature so Nike has used the marketing research process to find out the unique idea. Today nike brand is recognize by all person and child in the world. And this is called the 40 years of work and innovation. Nike has invented by marketing research that the mass people is very much influenced by the small group of top athletes. It wants to convey a message that it brings innovation to every athlete in the world.

Palash Celebrity endorsement such as Ronaldo, Tiger woods and others have shown excellence in their field. After a huge market research Nike has understand that it must appeal into multiple market segments. Nike divided the market into three different groups, the ultimate athlete, the athletic participant, and the consumer who is influenced by the sports culture. The first segment is the professional athlete. The second is the participants who participants in the sports group but do not see themselves as athlete or as being part of the larger sport. The third segments are those who influence others and being influenced by the sports people. Based on marketing research Nike uses different strategies for the

You May Also Find These Documents Helpful

  • Better Essays

    Nike dominates the sports footwear market with a product line that caters to a variety of sports.…

    • 1066 Words
    • 4 Pages
    Better 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

    Philip Knight Nike

    • 1837 Words
    • 8 Pages

    According to reports from www.hoovers.com NIKE is the world 's #1 shoemaker and controls over 20% of the US athletic shoe market. The company designs and sells shoes for a variety of sports, including baseball, cheerleading, golf, volleyball, and wrestling. NIKE also sells Cole Haan dress and casual shoes and a line of athletic apparel and equipment. In addition, it operates NIKETOWN shoe and sportswear stores, NIKE factory outlets, and NIKE women shops. NIKE sells its products throughout the US and in about 200 other countries.…

    • 1837 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    Nike- an Ecnomic Report

    • 3351 Words
    • 14 Pages

    Products: Nike primarily caters to the vast market for athletic footwear and athletic apparel in the world. It is the largest seller of athletic footwear worldwide by sales. Its operations can be divided into three product lines: footwear, apparel and equipment. Footwear is Nike 's largest product category, representing about 52% of the company 's revenue followed by apparel product line (28%) as shown in Exhibit 1.1 (Refer Exhibits). In addition to its namesake Nike brand, the company also develops and markets footwear and apparel products under the Cole Haan, Converse, Hurley International, and Umbro Inc. brand names.…

    • 3351 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Nike has striven to become the world's largest marketer of athletic footwear. Nike products are sold throughout a large amount of retail stores. Their products are also available online for purchase. The company Nike is known to operate and facilitate domestically and overseas. From previous experience shopping with Nike they are known for having great products and a numerous selection of items to choose from. They include a large variety of athletic shoes for all ages and genders. Nike shoes also come in different styles to fit everyone’s needs. People can purchase running, training, and basketball shoes, and all other sporting goods from Nike. Clothing is also one of Nike’s biggest selling items. The company offers t-shirts,…

    • 740 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Nike, Inc. is a public-sector company that was founded in 1964 as Blue Ribbon Sports; this was later changed to Nike, Inc. in 1974. Nike specializes in athletic shoes and apparel, sports equipment and athletic and recreational products. Nike, Inc. main motive is to produce a quality product whilst making as much profit as possible; Nike, Inc. is a very profitable organisation and had a total income of $24.1 billion last year. Nike, Inc.’s mission is “To bring inspiration and innovation to every athlete in the world.” Nike, Inc. consider every person an athlete as they say, “if you have a body you’re an athlete.” The owners of Nike, Inc. have limited liability for the…

    • 323 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Nike produces footwear, clothing, equipment and accessory products for the sports and athletic market. It is the largest seller of such garments in the world. It sells to approximately 19,000 retail accounts in the US, and then in approximately 140 countries around the world. Just about all of its products are manufactured by independent contractors with footwear products in particular being manufactured in developing countries. The company manufactures in China, Taiwan, Korea, and Mexico as well as in the US and in Italy.…

    • 571 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    As you can see, Nike is a large brand when it comes to shoes, apparel and its various other sources of income.…

    • 1554 Words
    • 7 Pages
    Powerful Essays
  • Best Essays

    NIKE Inc. is one of the world’s biggest sporting brand based in Oregon USA. Founded in 1968, NIKE is the world’s biggest designer marketer and seller of athletic footwear, sports equipment, apparel, accessories and services, by sales revenue of $21.5 billion in 2012 (NIKE, 2013). With 48000 employees, NIKE’s operation cuts across different regions in the world including Canada, Asia, Latin America, Europe, and Africa. They posted revenue of $25313 million in the 2013 financial year ending May 2013, the company has enjoy growth in its revenue since 2010, and this trend is expected to continue as they leverage on top sporting events to boost their brand image (Tefris 2013).…

    • 3339 Words
    • 13 Pages
    Best Essays
  • Good Essays

    Nike's Stock

    • 592 Words
    • 3 Pages

    Nike, Inc. is an American multinational corporation that is engaged in the design, development and worldwide marketing and selling of footwear, apparel, equipment, accessories and services. Now, it is the one of the most popular in the businesses in the world, most of people will choose Nike for their first chose.…

    • 592 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The Travails of Nike

    • 1404 Words
    • 5 Pages

    Its marketing is also reliant on endorsement deals with the world’s top athletes and sport teams to express the corporate philosophy of grit, determination, passion and humour, selling their products based on the consumers’ loyalty towards their favorite sports superstar. This concept of endorsing athletes from different sports enables Nike to segment the market all under the umbrella of a single brand.…

    • 1404 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Nike Essay

    • 1227 Words
    • 5 Pages

    Nike is a global sports shoe giant company. It is the largest seller of athletic footwear in the world, holding the lion share of 33% of the global market…

    • 1227 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Swot of Nike

    • 337 Words
    • 2 Pages

    Nike is a major publicly traded clothing, footwear, sportswear, and equipment supplier based in the United States. It is one of the biggest companies in the world. It was not a big company at first, however, with its many strengths, it finally became a symbol of sportswear.…

    • 337 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The Nike Company was founded by William J. Bowerman and Philip H. Knight on January 25, 1964 and generated $18.627 billion in revenue in 2008. Nike is a German-based sports apparel manufacturer which consists of Reebok Sportswear Company; Taylor made Adidas-golf Company, and Rockport. Besides sports footwear, the company also produces other products such as bags, shirts, watches, eyewear and other sports and clothing related goods. The company is the largest sportswear manufacturer in Europe and the second biggest sportswear manufacturer in the world, after its U.S. rival Nike. Personally, I feel that the reason behind Nike’s great success would be because of their extensive technique of advertisement. Also what makes Nike a great success is because they market their own products. From shoes to sportswear, equipment, and accessories Nike has always been a very profitable marketing and advertisement company.…

    • 581 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Agribusiness in Bangladesh

    • 1760 Words
    • 8 Pages

    While the words of agriculture are vast, varied and rapidly changing with the policies and supportive investments at local national and global levels today’s agribusiness offers new opportunities to the developing country to remove out of poverty. Agribusinesses include smallholder farming and animal husbandry employment in the new agriculture high value products and entrepreneurship in the nonfarm economy. Using agriculture as the basis for economic growth in the agriculture based countries requires a productivity revolution in smallholder as well as other farming. In Bangladesh though Agribusiness is new, but it would be a most important business activity because Bangladesh is an agricultural country…

    • 1760 Words
    • 8 Pages
    Good Essays

Related Topics