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Nike Marketing Plan

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Nike Marketing Plan
Nike

Marketing Plan
By:
Marketing Management – MM522
March 2004

Outline
I. Executive Summary
II. Table of Contents
III. Company History
IV. Marcoenvironment
a. Demographic
b. Economic
c. Social
d. Political
e. Technological
f. Ecological
V. Competitive Advantage
a. Industry Environment
b. Operating Environment
VI. Four P's of Marketing
a. Product
b. Place
c. Promotion
d. Price
VII. Core Competencies
a. Strengths
b. Weaknesses
c. Opportunities
d. Threats
VIII. Business Life Cycle
IX. Marketing Goals
X. Strategies and Implementation
XI. Conclusions and Recommendations
Executive Summary
Nike is a worldwide powerhouse in the athletic shoe and apparel industry. Nike's short, but yet effective mission statement is characteristic of such success. Nike paints a picture of their company for the world to see their, "inspiration and innovation", as well as their "commitment to serve everyone in the world". Through a continuous effort by Nike to remain at the apex of technology and innovation, they are the market leader by a significant margin. As a result of Nike's pursuit of selling a broad spectrum of products, they possess a formidable competitive advantage.
Nike exhibits significant strength in market share, brand image and recognition, as well as research and development. Through the use of intuition and analysis I have concluded that opportunities exist for Nike to increase market share. Specifically, I recommend horizontal integration, global expansion, European concentration, and segmented marketing to target various generational demographical opportunities. The focus will lie using various methods of segmentation to develop the targeted markets and increase market share.

Table of Contents
Executive Summary……………………………………………………………………….3
Company History………………………………………………………………………….5
Macoenvironment…………………………………………………………………………7
Competitive Advantage………………………………………………………………….11
Industry


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